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Bikaji Foods International Ltd (BIKAJI)

₹707.151.38%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 7 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 7 analysts offering long term price targets for Bikaji Foods International Ltd. An average target of ₹728.43

Source: S&P Global Market Intelligence

Bikaji Foods International Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹706.6
    ₹707.7
  • 52 Week's Low

    52 Week's High

    ₹426.6
    ₹747
1 Month Return-3.96 %
3 Month Return+ 35.69 %
1 Year Return+ 48.1 %
Previous Close₹697.50
Open₹707.70
Volume2.07L
Upper Circuit-
Lower Circuit-
Market Cap₹17,464.16Cr

Key Statistics

P/E Ratio65.62
PEG Ratio11.97
Market Cap₹17,464.16 Cr
P/B Ratio9.46
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Quant Small Cap Fund Growth Option Direct PlanQuant Small Cap Fund Growth Option Direct Plan3.51%
Canara Robeco Small Cap Fund Direct GrowthCanara Robeco Small Cap Fund Direct Growth1.48%
Tata India Consumer Fund Direct GrowthTata India Consumer Fund Direct Growth4.07%
Canara Robeco Flexi Cap Fund Direct Plan Growth OptionCanara Robeco Flexi Cap Fund Direct Plan Growth Option0.53%
Edelweiss Mid Cap Fund Direct Plan Growth OptionEdelweiss Mid Cap Fund Direct Plan Growth Option1.02%

Company Information

Bikaji Foods International Ltd is an Indian food processing company established in 1987. It is a leading manufacturer of traditional Indian snacks, sweets and savouries. The company is headquartered in Bikaner, Rajasthan and is engaged in the production of a wide variety of products such as namkeens, papads, bhujias, sweets, syrups, chips, and other snacks.

Bikaji Foods International Ltd has established itself as a leading brand in the Indian snack food industry and is known for its high-quality products and innovative packaging. The company has a wide network of distributors and retailers across India and exports its products to more than 40 countries.

Share Price: ₹707.15 per share as on 22 Jul, 2024 12:06 PM
Market Capitalisation: ₹17,464.16Cr as of today
Revenue: ₹520.83Cr as on March 2024 (Q1 24)
Net Profit: ₹116.28Cr as on March 2024 (Q1 24)
Listing date: 16 Nov, 2022
Chairperson Name: Shiv Ratan Agarwal
OrganisationBikaji Foods International Ltd
HeadquartersBikaner
IndustryFMCG
E-voting on sharesClick here to vote

Key events for Bikaji Foods International Ltd

  • Bikaji Foods Confident About Raising Prices - 11 Jul, 2024

    Bikaji Foods International Ltd has rolled back product discounts and is confident about raising prices if needed. The company managed pricing well in Q1 2024, rolling back some consumer offers which was a kind of price increase. Bikaji aims to add Rs 100 crore to its revenue.

  • Bikaji Foods Receives Buy Rating from Nuvama Institutional Equities - 21 Jun, 2024

    Bikaji Foods International has received a buy rating from Nuvama Institutional Equities with a target price of Rs 885, implying an upside potential of 23%. The company's diverse menu puts it in a prime position for growth. In the fiscal fourth quarter, the namkeen maker posted a massive 200% jump in net profit at Rs 116.28 crore. All six analysts tracking Bikaji Foods recommend a buy rating on the stock.

  • Anand Rathi Assigns Buy Rating to Bikaji Foods - 17 Jun, 2024

    Brokerage firm Anand Rathi has initiated coverage on Bikaji Foods shares and assigned a target price of Rs 900 per share for the next 12 months. The company's revenue/EBITDA grew at a CAGR of 21% to 42% between FY19-24, and it posted a massive 200% jump in net profit in Q4FY24.

  • Bikaji Foods International Picked as Top Pick of the Month by MarketsMojo - 14 Jun, 2024

    MarketsMojo has selected Bikaji Foods International as its top pick for June, citing potential for high returns. The company holds a 9.6% market share in India's ethnic snacks industry and has invested under the government's PLI scheme. With only 45% capacity utilization, there is potential to double sales volume at no extra cost. Bikaji Foods aims for high teen growth with targeted volume growth of 13-15% and price hikes of 2-4% for FY2025.

Insights on Bikaji Foods International Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, BIKAJI has outperformed top 5 stocks with highest market-cap in Food Processing

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 3.73% to 4.06% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, BIKAJI stock has moved up by 35.7%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 46.62 Cr → 116.24 Cr (in ₹), with an average increase of 59.9% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 9.70% to 9.96% in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 75.10% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 629.97 Cr → 625.95 Cr (in ₹), with an average decrease of 0.6% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 7.66% to 7.51% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹520.83Cr
↓16.52%
Net Income
₹116.28Cr
↑152.84%
Net Profit Margin
22.33%
↑202.99%
2023Y/Y Change
Revenue
₹1,966.07Cr
↑22.04%
Net Income
₹126.60Cr
↑66.51%
Net Profit Margin
6.44%
↑36.44%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹1,236.03Cr
↑14.34%
Total Liabilities
₹280.76Cr
↑8.67%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹172.53Cr
↑188.37%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
75.1%
0.00
Foreign Institutions
7.51%
-2.01
Mutual Funds
9.96%
2.71
Retail Investors
4.06%
9.05
Others
3.37%
-11.71

Key Indicators

Bikaji Foods International Ltd Valuation

Bikaji Foods International Ltd in the last 5 years

  • Overview

  • Trends

Lowest (46.66x)

April 1, 2024

Today (65.62x)

July 19, 2024

Industry (70.12x)

July 19, 2024

Highest (116.01x)

December 30, 2022

LowHigh

Earnings and Dividends

  • Bikaji Foods International Ltd Earnings Results

    Bikaji Foods International Ltd’s net profit jumped 208.25% since last year same period to ₹116.24Cr in the Q4 2023-2024. On a quarterly growth basis, Bikaji Foods International Ltd has generated 149.34% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Bikaji Foods International Ltd Dividends May,2024

    In the quarter ending March 2024, Bikaji Foods International Ltd has declared dividend of ₹1 - translating a dividend yield of 0.25%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Bikaji Foods International Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Bikaji Foods International Ltd (BIKAJI) share price today is ₹707.15

Bikaji Foods International Ltd is listed on NSE

Bikaji Foods International Ltd is listed on BSE

  • Today’s highest price of Bikaji Foods International Ltd is ₹707.7.
  • Today’s lowest price of Bikaji Foods International Ltd is ₹706.6.

PE Ratio of Bikaji Foods International Ltd is 65.62

PE ratio = Bikaji Foods International Ltd Market price per share / Bikaji Foods International Ltd Earnings per share

Today’s traded volume of Bikaji Foods International Ltd(BIKAJI) is 2.07L.

Today’s market capitalisation of Bikaji Foods International Ltd(BIKAJI) is ₹17464.16Cr.

Bikaji Foods International Ltd(BIKAJIPrice
52 Week High
₹747
52 Week Low
₹426.6

Bikaji Foods International Ltd(BIKAJI) share price is ₹707.15. It is down -5.33% from its 52 Week High price of ₹747

Bikaji Foods International Ltd(BIKAJI) share price is ₹707.15. It is up 65.76% from its 52 Week Low price of ₹426.6

Bikaji Foods International Ltd(BIKAJIReturns
1 Day Returns
9.65%
1 Month Returns
-3.96%
3 Month Returns
35.69%
1 Year Returns
48.1%