Bikaji Foods International has announced key decisions from its board meeting, including an additional investment in its retail subsidiary of up to ₹50 Crore, a joint venture to enter the frozen and bakery business, and a loan agreement up to ₹5 Crore with a subsidiary. These initiatives signal Bikaji’s strategic focus on expanding its market presence and diversifying its product offerings. Additionally, loan arrangements were approved with Dadiji Snacks and Jai Barbareek Dev Snacks.
Strategic Investment in Retail Arm
The Board of Directors has given the green light for an additional investment of up to ₹50 Crore in Bikaji Foods Retail Limited, a wholly-owned subsidiary. This investment aims to bolster the subsidiary’s growth and expand its retail footprint.
Joint Venture for Bakery Business
Bikaji Foods will enter into a joint venture to undertake the frozen and bakery business in India, through Bikaji Bakes Private Limited. The joint venture includes Mr. Deepak Agarwal, Managing Director of Bikaji Foods, and Mr. Thayekunni Khaleel, Founder of Brand ‘Bakemart,’ leveraging their combined expertise.
Loan Agreements Executed
The board approved a loan agreement with Petunt Food Processors Private Limited, a subsidiary, for up to ₹5,00,00,000 (₹5 Crore). Furthermore, the company will provide a loan of up to ₹8,00,00,000 (₹8 Crore) to Dadiji Snacks Private Limited, a contract manufacturing unit.
Investment in Jai Barbareek Dev Snacks
An investment of up to ₹25,00,00,000 (₹25 Crore) was approved in Jai Barbareek Dev Snacks Private Limited, in the form of Optionally Convertible Debentures amounting to ₹2,50,00,000 (₹2.5 Crore). The announcements were made on January 27, 2026, following a board meeting.
Financial Results
The Board approved the Unaudited Standalone and Consolidated Financial Results for Q3 (Oct-Dec) 2025. The results show a revenue from operations of ₹77,578.49 Lakhs on a consolidated basis, compared to ₹69,607.33 Lakhs for Q3 2024. Net Profit after tax stood at ₹6,216.79 Lakhs.
Source: BSE
