Bikaji invests in India, US amid growing profits

Bikaji Foods International is expanding concern successful India and the US aft reporting stronger fourth-quarter and full-year net for fiscal 2026.

In banal speech disclosures yesterday (21 May), the institution said it volition get a 74% involvement successful Chhattisgarh-based Jai Barbareek Dev Snacks and put $5m successful its wholly owned US subsidiary, Bikaji Foods International USA Corp., to acceptable up a manufacturing works successful the US.

Bikaji said the Indian acquisition is intended to “accelerate concern maturation and heighten marketplace beingness successful the Chhattisgarh, thereby ensuring wider scope and improved lawsuit accessibility”.

The people company, incorporated successful 2022, reported a turnover of Rs198.1m ($2m) successful fiscal 2025.

After the transaction, it volition go a Bikaji subsidiary.

The US concern volition beryllium made successful currency successful tranches implicit astir 10 months to “accelerate concern maturation and heighten marketplace presence”.

Bikaji's US division, incorporated successful New Jersey successful July 2023, recorded a turnover of $2.62m successful fiscal 2026, compared to $1.77m successful 2025 and $1.1m successful 2024.

For Bikaji Foods International, gross from operations successful the 4th fourth to 31 March accrued 18% year-on-year to Rs7.20bn, portion nett aft taxation roseate 39.8% to Rs560m. Volume maturation successful the 4th was 16.1%.

For the year, gross roseate 14.4% to Rs29.93bn, EBITDA accrued 25.1% to Rs4.10bn and the borderline improved 120 ground points to 13.7%.

Full-year nett aft taxation stood astatine Rs2.54bn, portion measurement maturation was 9.5%. Ethnic snacks remained the biggest segment, accounting for 68.9% of yearly gross aft increasing 11.2%.

Packaged sweets roseate 8.9%, occidental snacks 6.8% and papads 10.9%.

Bikaji Foods International managing manager Deepak Agarwal said: “The institution delivered a beardown 4th quarter, with steadfast maturation of 18% successful gross from operations driven by broad-based, volume-led momentum crossed the halfway snacks portfolio.”

He said request trends stayed resilient, supported by staples-led snacking, formalisation successful the unorganised conception and continued traction successful absorption markets.

“Modern formats – peculiarly e-commerce and modern commercialized – continued to outpace the broader market, portion wide commercialized delivered dependable gains supported by ongoing organisation expansion,” Agarwal added.

As of 31 March 2026, Bikaji had full installed manufacturing capableness of 325,320 metric tonnes and nonstop organisation scope of 353,638 outlets.

In April, Bikaji’s president and manager Shiv Ratan Agarwal passed away.

The institution said helium was “instrumental successful shaping the company’s travel from its origins successful Bikaner into a globally recognised packaged nutrient enterprise”.