Bikaji Foods reports 12.6% revenue growth in FY25 despite raw material pressures 

Bikaji Foods International Limited, one of India’s largest ethnic snacks manufacturer, announced a 12.6 per cent year-on-year (y-o-y) revenue growth to ₹2,621.9 crore for the financial year ended March 31, 2025. The company achieved a 10.3 per cent volume growth despite inflationary pressures on key raw materials.

The shares of Bikaji Foods International Limited closed today at ₹722 up by ₹8.55 or 1.20 per cent on the NSE.

For the fourth quarter, Bikaji reported flat y-o-y revenue at ₹613.6 crore, which the company attributed to a one-time PLI (Production-Linked Incentive) adjustment in the base quarter. Q4 EBITDA stood at ₹74.3 crore with a 12.1 per cent margin, while profit after tax reached ₹39.9 crore.

The company’s ethnic snacks segment, which constitutes 68.1 per cent of overall revenue, grew by 12 per cent y-o-y for the full fiscal year. Western snacks showed the strongest growth at 17.7 per cent, while packaged sweets and papad segments grew by 13.2 per cent and 11.9 per cent, respectively.

Managing Director Deepak Agarwal noted that unexpected inflation in edible oil prices temporarily pressured profitability despite measures to mitigate cost volatility. He highlighted that focus markets grew by 26.2 per cent y-o-y , with the company adding approximately 22,900 direct retail outlets in the fourth quarter.

Bikaji is strengthening its market position through product innovation and data-led distribution strategies. The company currently operates in 25 Indian states and exports to 25 countries across North America, Europe, the Middle East, Africa, and Asia Pacific.

Published on May 16, 2025