Bikaji Foods International Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported robust growth, with a consolidated annual revenue of ₹2,99,386.34 lakh. Furthermore, the Board has recommended a final dividend of ₹1.25 per equity share (125%) for the fiscal year. The company also announced significant leadership appointments, board re-appointments, and strategic investments in its subsidiaries and contract manufacturing partners.
Financial Performance Highlights
For the fiscal year ended March 31, 2026, Bikaji Foods reported consolidated total revenue from operations of ₹2,99,386.34 lakh, compared to ₹2,61,676.53 lakh in the previous year. The consolidated profit for the year stood at ₹25,440.98 lakh. For the final quarter of the year, consolidated revenue was ₹72,088.40 lakh, with a profit of ₹5,604.03 lakh.
Dividend and Shareholder Returns
The Board of Directors has recommended a final dividend of ₹1.25 per equity share, representing a 125% payout on the face value of ₹1 per share. The company has fixed Friday, July 17, 2026, as the Record Date to determine shareholder eligibility for this dividend payment, which remains subject to approval at the upcoming 31st Annual General Meeting.
Strategic Investments and Expansions
The company continues to focus on growth through strategic capital allocation. Key approvals include:
- An additional investment of up to $5,000,000 in the US subsidiary, Bikaji Foods International USA Corp.
- Acquisition of a 74% equity stake in Jai Barbareek Dev Snacks Private Limited, supported by a corporate guarantee of ₹5,900 lakh.
- An investment of ₹500 lakh in Bikaji Bakes Private Limited through optionally convertible debentures.
- Execution of a ₹500 lakh loan agreement with Dadiji Snacks Private Limited.
Leadership and Governance Updates
The Board has appointed Mr. Deepak Agarwal as the Chairman of the company, effective May 21, 2026. Additionally, the Board has recommended his re-appointment as Chairman and Managing Director for a three-year term starting February 1, 2027. Several other directors, including Mrs. Shweta Agarwal, Mr. Nikhil Kishorchandra Vora, and Mr. Pulkit Anilkumar Bachhawat, were also proposed for re-appointment to ensure continued leadership stability. The 31st Annual General Meeting is scheduled to be held on August 20, 2026, via video conferencing.
Source: BSE
