Bikaji Foods International has announced its financial results for the quarter and half-year ended September 30, 2026. The company reported a robust performance with a 13.0% YoY revenue growth to INR 9,385 million for Q2 FY27 and a 12.8% YoY revenue growth to INR 16,728 million for H1 FY27. EBITDA margins remained healthy at 12.6% for Q2 and 13.0% for H1 FY27.
Bikaji Foods International Announces Strong Q2 and H1 FY27 Financial Results
Bikaji Foods International, a leading ethnic snacks and packaged foods company, has declared its financial results for the second quarter (Q2 FY27) and the half-year (H1 FY27) ended September 30, 2026. The company showcased significant year-on-year growth in both revenue and profitability.
H1 FY27 Performance Highlights
For the first half of the fiscal year 2027, Bikaji Foods International reported a 12.8% YoY increase in revenue from operations, reaching INR 16,728 million. This growth was driven by healthy volume expansion and deeper market penetration. The company’s EBITDA stood at INR 2,177 million, with a healthy EBITDA margin of 13.0%. Volume growth for H1 FY27 was recorded at 6.2% YoY. Profit After Tax (PAT) was INR 1,284 million, and Earnings Per Share (EPS) stood at INR 5.22.
H1 FY27 Business Segment Review:
- Ethnic Snacks: This segment continued its strong performance with a 15.6% YoY revenue increase, reinforcing its role as a key growth driver.
- Packaged Sweets: Revenue saw an 8.1% YoY decline, attributed mainly to the shift in the timing of the Diwali festive season.
- Western Snacks: This category demonstrated robust growth, with revenue increasing by 32.7% YoY.
- Papad: Revenue experienced a 6.4% YoY de-growth due to supply chain issues affecting handmade papad production.
Q2 FY27 Performance Highlights
In the second quarter of FY27, Bikaji Foods International reported a 13.0% YoY increase in revenue from operations, amounting to INR 9,385 million. The EBITDA for the quarter was INR 1,187 million, with an EBITDA margin of 12.6%. Volume growth in Q2 FY27 stood at 5% YoY. Profit After Tax (PAT) was INR 690 million, and Earnings Per Share (EPS) was INR 2.82.
Q2 FY27 Business Segment Review:
- Ethnic Snacks: Revenue grew by a significant 19.7% YoY, outperforming overall business growth.
- Packaged Sweets: This segment witnessed an 11.3% YoY decline, again primarily due to the Diwali festive season timing shift.
- Western Snacks: Showed exceptional growth with revenue up by 44.2% YoY.
- Papad: Revenue de-grew by 6.3% YoY due to ongoing supply chain challenges for handmade papad.
Outlook and Confidence
The company expressed pleasure in sustaining its growth momentum across core snacking categories, highlighting healthy volume and value growth in Ethnic and Western Snacks. Bikaji Foods International remains confident in the underlying demand for its products and the long-term potential of the Indian snacking industry. The company anticipates the Packaged Sweets category will benefit from festive demand in the upcoming quarter. Investments in brand building, distribution expansion, and product innovation are key to their strategy.
Source: BSE