Bikaji Foods International Limited has announced its financial results for the quarter and year ended March 31, 2026, reporting a robust annual revenue of ₹2,858.60 crore and a profit after tax of ₹269.07 crore. The Board has recommended a final dividend of ₹1.25 per equity share (125%). Furthermore, the company detailed several strategic investments, leadership appointments, and business expansions to drive future growth in both domestic and international markets.
Annual Financial Highlights
For the financial year ended March 31, 2026, the company achieved a strong performance with total income reaching ₹2,858.60 crore, compared to ₹2,568.83 crore in the previous year. The standalone profit for the year stood at ₹269.07 crore, up from ₹209.67 crore in the prior fiscal year. On a consolidated basis, the company reported a total income of ₹3,045.27 crore and a profit after tax of ₹254.41 crore for the same period.
Dividend Announcement
Reflecting its commitment to shareholder value, the Board has recommended a final dividend of ₹1.25 per equity share for the financial year ended March 31, 2026, on a face value of ₹1 per share. This represents a 125% payout, subject to approval by shareholders at the company’s upcoming 31st Annual General Meeting.
Strategic Investments and Growth Initiatives
The company announced a series of strategic moves to bolster its market presence and operational efficiency:
- International Expansion: An additional investment of $5 million in its wholly-owned subsidiary, Bikaji Foods International USA Corp.
- Strategic Acquisitions: Approval to acquire a 74% stake in Jai Barbareek Dev Snacks Private Limited, supported by a corporate guarantee of ₹59 crore to HDFC Bank for the subsidiary.
- Facility Upgrades: A ₹5 crore investment in Bikaji Bakes Private Limited through optionally convertible debentures, alongside a ₹5 crore loan agreement with Dadiji Snacks Private Limited.
- Associate Support: Issuance of a ₹5 crore corporate guarantee for associate company Bhujialalji Private Limited.
Leadership and Governance
The Board has appointed Mr. Deepak Agarwal as the Chairman of the company with immediate effect, while also recommending his re-appointment as Chairman and Managing Director. Other leadership changes include the designation of Mr. Sameer Bhadauria, Mr. Amrit Chaudhary, and Ms. Simran Dhingra as Senior Management Personnel effective May 21, 2026. Furthermore, the company has confirmed the re-appointment of several Independent and Whole-Time Directors for new terms extending through 2030 and 2031.
Source: BSE