Bikaji Foods International’s board has greenlit several strategic initiatives including an investment of up to ₹50 crore in Bikaji Foods Retail Limited, and a joint venture to enter the frozen and bakery business. Additionally, the board approved a loan agreement for up to ₹5 crore with Petunt Food Processors Private Limited and further investments in Jai Barbareek Dev Snacks Private Limited up to ₹25 crore. These decisions are expected to bolster Bikaji’s market presence.
Strategic Investments Approved
The Board of Directors at Bikaji Foods International has approved a substantial investment of up to ₹50 crore in its Wholly-Owned Subsidiary, Bikaji Foods Retail Limited. This investment will be made through additional subscription in share capital. The decision was made during the board meeting held on January 27, 2026.
Joint Venture for Bakery Business
Bikaji will enter the frozen and bakery business through a Joint Venture, with the execution of Joint Venture cum Shareholders Agreement with Mr. Deepak Agarwal and Mr. Thayekunni Khaleel (Founder of Brand ‘Bakemart’). This venture aims to leverage the combined expertise to establish a strong presence in the frozen and bakery segment in India under Bikaji Bakes Private Limited.
Loan and Investments
The Board has also approved a loan agreement with Petunt Food Processors Private Limited, a Subsidiary of the Company, for up to ₹5 crore. Further, the board approved an investment in Jai Barbareek Dev Snacks Private Limited, up to ₹25 crore in the form of Optionally Convertible Debentures.
Financial Results Q3 2026
Bikaji Foods International reported its unaudited standalone financial results for Q3 2026 (October-December). Key figures include:
- Revenue from operations: ₹716.55 crore
- Total Income: ₹740.23 crore
- Profit before tax: ₹84.13 crore
- Profit for the period: ₹64.70 crore
Nine Months Performance
The cumulative performance for the nine months ending December 31, 2025, shows:
- Revenue from operations: ₹2104.94 crore
- Total Income: ₹2177.23 crore
- Profit before tax: ₹278.03 crore
- Profit for the period: ₹205.46 crore
Earnings per share (EPS) stood at ₹2.58.
Source: BSE
