FNB News - Bikaji Foods posts strong Q3 FY26 performance

You can get e-magazine links on WhatsApp. Click here

TOP NEWS

Bikaji Foods posts strong Q3 FY26 performance

Thursday, 29 January, 2026, 13 : 00 PM [IST]

Our Bureau, Mumbai

Bikaji Foods International Limited, India’s third-largest ethnic snacks manufacturer and the second fastest-growing company in the organised snacks segment, has reported a robust financial performance for the third quarter and nine months ended December 31, 2025 (Q3 & 9M FY26), driven by strong volume growth, export momentum, and margin expansion.

For Q3 FY26, Bikaji’s revenue from operations grew 10.7% year-on-year to Rs 7,900 million, supported by an 8.4% volume growth. The company delivered a sharp improvement in profitability, with EBITDA surging 77.1% YoY to Rs 984 million, translating into an EBITDA margin of 12.5%, up by 466 basis points, aided by favourable raw material prices. Profit After Tax (PAT) jumped 122.3% YoY to Rs 622 million, while basic EPS stood at Rs 2.48.

During the nine-month period ended December 2025, revenue grew 13.3% to ?22,730 million, with volume growth of 8.8%. EBITDA increased 27.1% to Rs 3,228 million, with margins improving to 14.2%, while PAT rose 28.7% to Rs 1,984 million. Basic EPS for 9M FY26 stood at ?8.05.

Segment-wise in Q3 FY26, Ethnic Snacks remained the largest contributor, registering 13.3% growth and accounting for about 67.4% of total revenue. Western Snacks grew 22.6%, Papad rose 14.6%, while Packaged Sweets declined 17.1% due to seasonality following an early Diwali. The retail business nearly doubled, reaching Rs 471 million in Q3. Export markets posted a strong 39.1% YoY growth during the quarter.

For 9M FY26, the retail segment grew over 150% to Rs 965 million, while exports expanded 58.7% YoY, reinforcing Bikaji’s international presence.

Commenting on the performance, Deepak Agarwal, managing director, Bikaji Foods International Limited, said the company delivered resilient growth despite seasonality challenges, supported by strong brand equity, robust demand across categories, export expansion, and strategic pricing and cost-efficiency initiatives. He added that Bikaji remains confident of sustaining long-term growth through innovation, market expansion, and deeper consumer engagement.