Bikaji Foods International reported a strong Q2 FY26, with revenue up by 15.2% YoY to ₹8,303 mn. EBITDA grew by 20.1% YoY, reaching ₹1,282 mn, with a margin of 15.4%. The Packaged Sweets segment was a key driver, growing by 32.3%. Exports also saw a notable increase, growing by 77.3%.
Financial Performance Overview
Bikaji Foods International announced its financial results for Q2 FY26, showcasing significant growth across key metrics. Revenue from operations increased by 15.2% YoY to ₹8,303 mn, supported by a volume growth of 10.8% YoY.
The company’s EBITDA grew by 20.1% YoY to ₹1,282 mn, resulting in an EBITDA margin of 15.4% (up by 130 bps YoY ex PLI). Adjusted Profit After Tax (PAT) rose by 18.1% YoY to ₹808 mn. Earnings per share (EPS) stood at ₹3.18.
H1 FY26 Performance
For the first half of FY26, Bikaji Foods reported a revenue increase of 14.8%, reaching ₹14,830 mn, with a volume growth of 9.4%. EBITDA grew by 13.1% to ₹2,245 mn, with a margin of 15.1%. Adjusted Profit After Tax (PAT) grew by 10.5% YoY to ₹1,394 mn, and earnings per share (EPS) stood at ₹5.57.
Segment Highlights
Key segment performances for Q2 FY26 include:
- Ethnic Snacks: Revenue grew by 4.6% YoY, constituting approximately 59.1% of overall revenue.
- Packaged Sweets: Revenue surged by 32.3% YoY, contributing around 19.7% of overall revenue.
- Western Snacks: Revenue declined by 5.2% YoY, representing about 7.0% of overall revenue.
- Papad: Revenue increased by 10.3% YoY, making up approximately 4.0% of overall revenue.
- Retail: Retail business revenue reached ₹280 million.
Management Commentary
Deepak Agarwal, Managing Director, noted the strong and resilient growth, with the packaged sweets segment performing exceptionally well and exports growing significantly. He also addressed the temporary headwinds caused by GST rate rationalization and expressed optimism for future growth through innovation and market expansion.
Source: BSE
