Bikaji

Bikaner, India Founded: 1987 • Age: 39 yrs Listed Acquired By Lighthouse
Extruded snacks including bhujia and mixtures are produced by Bikaji.
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About Bikaji

Bikaji is a publicly listed company based in Bikaner (India) founded in 1987 by Shivratan Agarwal, Sushila Agarwal, and Shivratan Agrawal, and was acquired by Lighthouse in August 2021. Extruded snacks including bhujia and mixtures are produced by Bikaji. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. Bikaji has raised $53.1 million across 5 funding rounds from investors including 360 One, WhiteOak Capital Management and INDO-CITY. The company has 2,473 employees. Bikaji has completed 3 acquisitions, including Ariba Foods, Hanuman Agrofood and Hazelnut Factory. Bikaji was last valued at $741.5 million in July 2021. Its chief executive, as recorded, is Deepak Agarwal. Its website bikaji.com draws about 62 thousand monthly visits. Its Indian entity Bikaji Foods International Limited reported revenue of ₹3,045 Cr. Bikaji offers products and services including Bikaneri Bhujia, Bikaneri Papad, and Rasgulla. Its focus areas include Food & Beverage, Snacks & Confectionery and Ethnic Snacks.

Company details

Bikaji is established as a prominent manufacturer of traditional Indian snacks and sweets, specializing in products like Bhujia, Papad, and various confectioneries. The company operates in the food and beverage sector, focusing on ethnic snacking solutions. Its offerings are distributed across India and internationally, preserving cultural recipes for over 25 years. Operations are supported by a robust infrastructure in Bikaner, India, with an additional presence in the USA.

  • Headquarters Bikaner, India
  • Employees 2,473
  • Founders Shivratan Agarwal, Sushila Agarwal, Shivratan Agrawal
  • Stage Public
  • Sectors
    Consumer
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website bikaji.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Acquired by Lighthouse (Aug 2021)
  • Legal Name Bikaji Foods International Ltd.
Operational Areas
Consumer → Food & Beverage Products & Processing
Key Metrics
  • Market Cap
    ₹12,346 Cr

    BIKAJI · NSE

  • Share Price
    ₹476.35

    -3.26% today

  • Revenue
    ₹2,994 Cr

    FY 2025-26 · +14.4% YoY

  • EBITDA
    ₹407 Cr

    Margin 13.6%

  • Net Profit
    ₹262 Cr

    FY 2025-26 · +30.0% YoY

  • P/E (TTM)
    45.3x

    P/B 7.4x

  • ROE
    17.0%

    ROCE 20.1%

  • Debt / Equity
    0.18

    Interest cover 5.8x

  • Total Equity Funding
    $53.1M (USD)

    in 5 rounds

  • Investors
    360 One

    & 9 more

  • Employee Count
    2,473
  • Investments & Acquisitions
    Ariba Foods

    & 2 more

  • Acquired by
    Lighthouse

    (Aug 2021)

Products & Services of Bikaji

Bikaji offers a comprehensive portfolio of products and services, including Bikaneri Bhujia, Bikaneri Papad, and Rasgulla.

Bikaneri Bhujia
Snacks

Traditional Indian snack made from gram flour and spices.

Bikaneri Papad
Snacks

Crispy flatbread made from lentils and traditional spices.

Rasgulla
Sweets

Soft spongy sweet made from chenna and sugar syrup.

Apps and channels of Bikaji

its YouTube channel Bikaji Foods International Ltd. has 4.94K subscribers and 30 videos.

Bikaji Foods International Ltd.
YouTube 4.94K subscribers 30 videos Travel & Events
Open channel

Videos from Bikaji

The most watched videos on Bikaji's YouTube channel, Bikaji Foods International Ltd. (4.94K subscribers). Click a video to play it here.

Bikaji x JugJugg Jeeyo
960K views
Meet Jahnvi & Varun! Celebrate Sunny Sanskari Ki Tulsi Kumari with Bikaji!
741.6K views
Celebrate the release of Bhool Bhulaiya 3 with Bikaji
706K views
Flaunt your culinary skills like #Tarla with a Bikaji twist.
577.9K views

More on Bikaji Foods International Ltd..

Funding Insights of Bikaji

Bikaji has successfully raised a total of $53.1M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $53.1M
  • Total Rounds 5
  • First Round $93,497

    (Jun 2001)

  • Investors Count 10

All 5 funding rounds of Bikaji with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2022Series C–White Oak
–
Jul 2021$20.13MSeries C$741.5MLighthouse
–
May 2018$17.95MPrivate Equity Round$447.74M360 One, IIFL Asset Management
–
Apr 2014$14.93MPrivate Equity Round$•••••India 2020 Maharaja
–
Jun 2001$93,497Series A$•••••INDO-CITY
Creative World Telefilms, Rupen Investment And Industries
Valuation history
DateValuationStage
Jul 2021$741.5M••••••••
May 2018$447.74M••••••••
Apr 2014$•••••••••••••
Jun 2001$•••••••••••••
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Full valuation and stage history of Bikaji

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

  • All valuation points
  • Stage changes
  • Dates
  • Exports

Verified entity values are shown only after access is granted.

Last known valuation $741.5M (Jul 2021). 10 investors in total: 10 institutional.

Investors in Bikaji

Bikaji has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include 360 One, WhiteOak Capital Management and INDO-CITY.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Lighthouse Funds
Investment funds for Indian startups are managed by Lighthouse.
lhfunds.comMumbai, India
India 2020 Maharaja
Multiple sectors are invested in by the private equity firm.
Port Louis, Mauritius
WhiteOak Capital Management
Investment management and advisory services are provided in India.
2017whiteoakindia.comMumbai, India
360 One
Asset and wealth management software is provided for businesses.
2008360.oneMumbai, India
IIFL Asset Management
iiflamc.com
INDO-CITY
Investment management services are provided by INDO-CITY in Mumbai.
1992indocity.coMumbai, India
Creative World Telefilms
Telefilms and creative media content are produced in Mumbai.
Mumbai, India
Rupen Investment And Industries
Investments and industrial operations are managed in Mumbai, India.
Mumbai, India
Global Films And Broadcasting
Radio broadcasting services are provided globally from India.
Bhopal, India
Sangam Advertisor
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Investor details for Bikaji

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Bikaji Foods International Limited (Bikaji)

Bikaji Foods International Limited is the primary company behind Bikaji. The board of Bikaji Foods International Limited currently have 8 directors; the longest-serving is Deepak Agarwal, appointed in 2002. 15 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Deepak Agarwal
DIN 00192890
Managing Director30 Sep 200224 yrs 1 moBikaji Foods International Limited
Shweta Agarwal
DIN 00619052
Whole-time director16 Nov 200619 yrs 11 moBikaji Foods International Limited
Sachin Kumar Bhartiya
DIN 02122147
Director11 Apr 201412 yrs 6 moBikaji Foods International Limited
Siraj Azmat Chaudhry
DIN 00161853
Director24 Aug 20215 yrs 2 moBikaji Foods International Limited
Richa Manoj Goyal
DIN 00159889
Director08 Dec 20214 yrs 11 moBikaji Foods International Limited
Pulkit Anilkumar Bachhawat
DIN 07685824
Director08 Dec 20214 yrs 11 moBikaji Foods International Limited
Nikhil Kishorchandra Vora
DIN 05014606
Director08 Dec 20214 yrs 11 moBikaji Foods International Limited
Sunil Sethi
DIN 08259108
Director06 Nov 20233 yrsBikaji Foods International Limited

People of Bikaji

69 people are tracked at Bikaji (14 in leadership, 55 in team); the tracked headcount is 2,473.

NameRoleGroup
Shivratan Agarwal
FounderLeadership
Sushila Agarwal
Co-FounderLeadership
Shivratan Agrawal
Co-FounderLeadership
Deepak Agarwal
CEO & MDLeadership
Manoj Verma
Chief Operating OfficerLeadership
Rishabh Jain
Chief Financial OfficerLeadership
Rahul Joshi
Head Legal And Company SecretaryLeadership
Neha Rao
Vice President - MarketingLeadership
Mukesh Kumar Sharma
Associate Vice President-supply ChainLeadership
Shivraj Choudhary
Vice President (operation, Engineering And Projects)Leadership
Nitin Chawla
Head Project And MaintenanceLeadership
Vaibbhav Arora
Vice President - RetailLeadership
Vineet Manocha
President - CulinaryLeadership
Vikas Sharma
Assistant Vice President - Project And MaintenanceLeadership
Thilak S
Sales CoordinatorTeam
Ankit Agarwal
Audit And Finance ManagerTeam
Prateek Sharma
Senior ManagerTeam
Nishant Agarwal
Deputy ManagerTeam
Saurabh Agrawal
AVP FinanceTeam
Anil Kumar
Manager CostingTeam

49 more people are available in the full profile.

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Complete people profiles for Bikaji

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of Bikaji

Bikaji is a publicly listed company on the NSE with ticker symbol BIKAJI in India, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date16 Nov 2022
  • Listed onBSE: 543653 · NSE: BIKAJI
  • Listed entityBikaji Foods International Ltd.
  • Exchange sectorConsumer non-durables
  • ISININE00E101023
  • Share price₹473.55 (+0.15% on the day) · 2026-10-14
  • Market capitalisation₹11,859 Cr
  • Price to earnings46.0
  • EPS (diluted, trailing year)₹10.30
  • Dividend yield0.26%
  • Volume (last session)102,018

Financials of Bikaji

Exchange-reported figures of Bikaji Foods International Limited, the listed company behind Bikaji (NSE: BIKAJI).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹2,994 Cr
+14.4% YoY
EBITDA
₹407 Cr
+23.6% YoY
Profit After Tax
₹262 Cr
+30.0% YoY
Net Worth
₹1,607 Cr
+16.2% YoY
Total Assets
₹2,055 Cr
+17.1% YoY
Total Debt
₹299 Cr
+29.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,9942,6172,3291,9661,6111,3111,075
Revenue growth+14.4%+12.3%+18.5%+22.0%+22.9%+22.0%-
EBITDA40732939221414014594.97
EBITDA margin+13.6%+12.6%+16.8%+10.9%+8.7%+11.1%+8.8%
Profit before tax34526434817710512063.62
Net profit26220126613777.9590.2456.81
Net profit margin+8.7%+7.7%+11.4%+7.0%+4.8%+6.9%+5.3%
EPS (₹)10.308.0110.615.503.1237.1023.18
Balance sheet
Total assets2,0551,7551,3891,125982698587
Net worth1,6071,3831,218956821606529
Total debt29923116617016087.4353.95
Cash & bank31621917795.8690.1987.4188.28
Net working capital714590393302255146147
Cash flow
Cash from operations30419324517157.4711754.66
Cash from investing(289)(122)(199)(123)(232)(114)(57.51)
Cash from financing0.37(55.03)(53.92)(4.85)169(9.06)(25.78)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue734721790830653611715721
Revenue growth (YoY)+12.5%+18.0%+10.5%+15.1%+14.2%---
Other income13.1417.7611.3512.3110.0010.057.907.94
EBITDA99.0187.7498.3512496.2774.0855.46107
EBITDA margin+13.7%+12.4%+12.7%+15.2%+15.1%+12.5%+8.0%+15.2%
Depreciation26.2424.3124.0423.7322.9824.5220.5218.58
Interest5.173.894.105.134.724.834.333.02
Profit before tax80.7477.3081.5610778.5754.7838.5193.07
Tax21.2721.2619.4029.6420.0514.7010.7424.50
Net profit59.4756.0462.1677.6858.5240.0827.7768.57
EPS (₹)2.402.242.483.182.391.791.142.76
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,8172,5412,2951,9441,5991,3081,075
Revenue growth+10.9%+10.7%+18.0%+21.6%+22.2%+21.8%-
EBITDA40533639421214214593.79
EBITDA margin+14.4%+13.2%+17.2%+10.9%+8.9%+11.1%+8.7%
Profit before tax36228235618110912062.44
Net profit27621027013879.9789.7155.93
Net profit margin+9.8%+8.3%+11.8%+7.1%+5.0%+6.9%+5.2%
EPS (₹)10.738.3710.775.553.2036.9122.82
Balance sheet
Total assets1,9061,6111,3701,097964690586
Net worth1,6741,4221,226959823604528
Total debt21717713913814183.3953.95
Cash & bank24819017595.6989.2386.6088.27
Net working capital643543395300255149147
Cash flow
Cash from operations29421424317759.8312151.22
Cash from investing(311)(192)(207)(131)(220)(129)(54.08)
Cash from financing8.18(7.50)(45.32)(1.91)1571.51(25.78)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue678667731796624585676713
Revenue growth (YoY)+8.7%+14.2%+8.0%+11.5%+10.5%---
Other income10.9614.069.5610.107.717.266.877.86
Total expenses579577636675525506621604
EBITDA98.6890.7895.0212198.5478.8455.52109
EBITDA margin+14.9%+13.9%+13.3%+15.5%+16.2%+13.9%+8.4%+15.6%
Depreciation19.3818.7917.8818.1017.9917.7117.5717.36
Interest3.372.182.563.543.393.463.032.28
Profit before tax86.8983.8784.1410984.8764.9341.7997.02
Tax22.3220.2619.4431.4421.7016.5011.0024.95

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 08 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue734721790830653611715721
Revenue growth (YoY)+12.5%+18.0%+10.5%+15.1%+14.2%---
Other income13.1417.7611.3512.3110.0010.057.907.94
EBITDA99.0187.7498.3512496.2774.0855.46107
EBITDA margin+13.7%+12.4%+12.7%+15.2%+15.1%+12.5%+8.0%+15.2%
Depreciation26.2424.3124.0423.7322.9824.5220.5218.58
Interest5.173.894.105.134.724.834.333.02
Profit before tax80.7477.3081.5610778.5754.7838.5193.07
Tax21.2721.2619.4029.6420.0514.7010.7424.50
Net profit59.4756.0462.1677.6858.5240.0827.7768.57
EPS (₹)2.402.242.483.182.391.791.142.76
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,9942,6172,3291,9661,6111,3111,075
Revenue growth+14.4%+12.3%+18.5%+22.0%+22.9%+22.0%-
Other income51.4132.1627.3322.7710.4911.468.35
Total expenses2,5872,2881,9371,7521,4711,166980
Employee cost19815911710490.0769.8864.61
EBITDA40732939221414014594.97
EBITDA margin+13.6%+12.6%+16.8%+10.9%+8.7%+11.1%+8.8%
Depreciation95.0581.5360.0648.5138.3333.1234.20
Interest18.1715.1211.3111.207.253.345.50
Profit before tax34526434817710512063.62
Tax90.3570.2284.4841.0228.9829.787.27
Net profit26220126613777.9590.2456.81
Net profit margin+8.7%+7.7%+11.4%+7.0%+4.8%+6.9%+5.3%
EPS (₹)10.308.0110.615.503.1237.1023.18
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital25.0725.0625.0424.9524.9524.3124.31
Reserves & surplus1,5821,3581,193931796581505
Shareholders' funds (net worth)1,6071,3831,218956821606529
Minority interest10097.41(2.22)(1.37)(0.07)1.840.00
Secured loans20114411714411466.1552.30
Unsecured loans97.9486.8949.6826.0145.5221.281.65
Total debt29923116617016087.4353.95
Total liabilities2,0551,7551,3891,125982698587
Assets
Gross block1,4461,3351,074878689565517
Net block1,034986812661511423407
Capital work in progress15197.8012.3369.7149.4436.082.88
Investments43.6956.0331.3420.3512668.8036.50
Inventories11710882.1478.4272.8956.7736.49
Sundry debtors10710110479.2073.3147.3141.71
Cash & bank balances31621917795.8690.1987.4188.28
Loans & advances30128113316510644.3036.13
Total current assets842709496419343236203
Total current liabilities12811910311787.4089.7155.98
Net working capital714590393302255146147
Total assets2,0551,7551,3891,125982698587
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash22.626.8214.90(28.26)(22.93)(17.07)(10.32)
Net cash from operating activities30419324517157.4711754.66
Net cash from investing activities(289)(122)(199)(123)(232)(114)(57.51)
Net cash from financing activities0.37(55.03)(53.92)(4.85)169(9.06)(25.78)
Net change in cash15.2415.81(8.09)43.16(5.33)(5.85)(28.64)
Closing cash31621917795.8690.1987.4188.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+14.4%+12.3%+18.5%+22.0%+22.9%+22.0%-
EBITDA growth+23.6%-16.1%+83.4%+52.6%-3.5%+52.8%-
PBT growth+30.4%-24.0%+96.7%+68.4%-12.6%+88.8%+9997.0%
Net income growth+30.0%-24.4%+94.1%+75.8%-13.6%+58.9%-
Revenue CAGR (3Y)+15.1%+17.6%+21.1%+22.3%---
EBITDA CAGR (3Y)+23.9%+32.9%+39.3%+31.1%---
Profitability & leverage
Net income margin+8.5%+7.4%+11.3%+6.9%+4.7%+6.9%+5.2%
Return on capital employed+20.1%+18.3%+28.5%+17.8%+13.4%+19.2%+11.8%
Return on net worth+17.0%+14.9%+24.2%+15.3%+10.7%+15.9%+10.7%
Debt / equity0.180.150.150.190.170.120.10
Long-term debt / equity0.050.050.050.070.050.030.03
Interest cover5.836.113.416.787.122.989.05
Efficiency & per share
Fixed asset turnover2.152.172.392.512.572.422.08
Inventory turnover26.5727.5329.0225.9924.8528.1129.45
Debtors turnover28.7925.6025.4925.7826.7129.4525.76
EPS (₹)10.308.0110.615.503.1237.1023.18
Dividend per share (₹)1.251.001.000.750.102.002.00
Book value per share (₹)64.0955.1948.6638.3032.89249.11217.64
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue678667731796624585676713
Revenue growth (YoY)+8.7%+14.2%+8.0%+11.5%+10.5%---
Other income10.9614.069.5610.107.717.266.877.86
Total expenses579577636675525506621604
EBITDA98.6890.7895.0212198.5478.8455.52109
EBITDA margin+14.9%+13.9%+13.3%+15.5%+16.2%+13.9%+8.4%+15.6%
Depreciation19.3818.7917.8818.1017.9917.7117.5717.36
Interest3.372.182.563.543.393.463.032.28
Profit before tax86.8983.8784.1410984.8764.9341.7997.02
Tax22.3220.2619.4431.4421.7016.5011.0024.95
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,8172,5412,2951,9441,5991,3081,075
Revenue growth+10.9%+10.7%+18.0%+21.6%+22.2%+21.8%-
Other income41.4228.1026.3722.449.9410.878.35
Total expenses2,4122,2041,9001,7321,4561,163981
Employee cost14313510998.2485.3169.1464.61
EBITDA40533639421214214593.79
EBITDA margin+14.4%+13.2%+17.2%+10.9%+8.9%+11.1%+8.7%
Depreciation72.7670.4956.4645.0136.6732.9234.20
Interest11.9711.478.678.836.623.265.50
Profit before tax36228235618110912062.44
Tax92.8472.7585.9742.1728.9930.136.97
Net profit27621027013879.9789.7155.93
Net profit margin+9.8%+8.3%+11.8%+7.1%+5.0%+6.9%+5.2%
EPS (₹)10.738.3710.775.553.2036.9122.82
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital25.0725.0625.0424.9524.9524.3124.31
Reserves & surplus1,6491,3971,200934798580504
Shareholders' funds (net worth)1,6741,4221,226959823604528
Secured loans18313090.9611297.3162.1152.30
Unsecured loans33.8847.3047.6426.0143.5221.281.65
Total debt21717713913814183.3953.95
Total liabilities1,9061,6111,3701,097964690586
Assets
Gross block1,1171,0791,005817658547516
Net block751756753607480406406
Capital work in progress14793.7412.3369.7148.1433.152.88
Investments23818059.5140.7214687.0336.50
Inventories94.9287.8770.8074.5169.7756.2036.49
Sundry debtors10593.8311085.2976.5846.7841.71
Cash & bank balances24819017595.6989.2386.6088.27
Loans & advances29526712915810443.2436.13
Total current assets743639486414340233203
Total current liabilities10095.9591.4311384.7684.0355.98
Net working capital643543395300255149147
Total assets1,9061,6111,3701,097964690586
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash20.446.8216.29(27.13)(23.48)(17.07)(10.32)
Net cash from operating activities29421424317759.8312151.22
Net cash from investing activities(311)(192)(207)(131)(220)(129)(54.08)
Net cash from financing activities8.18(7.50)(45.32)(1.91)1571.51(25.78)
Net change in cash(9.32)13.62(9.57)43.43(3.58)(6.41)(28.64)
Closing cash24819017595.6989.2386.6088.27
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+10.9%+10.7%+18.0%+21.6%+22.2%+21.8%-
EBITDA growth+20.5%-14.8%+86.1%+49.0%-2.0%+54.8%-
PBT growth+28.2%-20.6%+97.0%+65.8%-9.1%+92.0%-17.8%
Net income growth+31.6%-22.2%+95.3%+72.9%-10.9%+60.4%-
Revenue CAGR (3Y)+13.2%+16.7%+20.6%+21.9%+21.1%+18.8%+20.8%
EBITDA CAGR (3Y)+24.1%+33.2%+39.5%+31.2%+15.4%+13.8%+8.6%
Profitability & leverage
Net income margin+9.6%+8.3%+11.8%+7.1%+5.0%+6.9%+5.2%
Return on capital employed+21.3%+19.7%+29.5%+18.4%+14.0%+19.3%+12.0%
Return on net worth+17.4%+15.8%+24.7%+15.5%+11.2%+15.9%+11.1%
Debt / equity0.130.120.130.160.160.120.13
Long-term debt / equity0.010.030.040.050.040.030.05
Interest cover3.604.322.575.296.272.909.23
Efficiency & per share
Fixed asset turnover2.572.442.522.642.662.462.18
Inventory turnover30.8232.0331.5826.9525.3828.2328.72
Debtors turnover28.2724.8723.4424.0225.9229.5726.63
EPS (₹)10.738.3710.775.553.2036.9122.82
Dividend per share (₹)1.251.001.000.750.102.002.00
Book value per share (₹)66.7656.7448.9538.4332.97248.54217.28

Investments & Acquisitions by Bikaji

Bikaji has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Ariba Foods, Hanuman Agrofood and Hazelnut Factory.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Hazelnut Factory
Indian sweets are distributed via an internet-first brand model.
thehazelnutfactory.comIndia0Oct 2024$15.59M
Ariba Foods
Ariba Foods is engaged in producing ready-to-cook food products.
aribafoods.comUjjain, India2012Aug 2024$7.21M
Hanuman Agrofood
Food products are distributed by Hanuman Agrofood in India.
Bikaner, India2012Jan 2023••••
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Timeline of Bikaji

9 dated milestones of Bikaji across 37 years, from founding to its latest funding, stage changes and deals.

  1. Founded Bikaji is founded.
  2. Funding First funding round of $93K.
  3. Milestone Reaches Minicorn status.
  4. Exit Acquired by Lighthouse.
  5. Funding Latest funding round, Series C,.
  6. IPO Lists on the stock exchange (IPO).
  7. Acquisition Acquires Hanuman Agrofood.
  8. Acquisition Acquires Ariba Foods.
  9. Acquisition Acquires Hazelnut Factory.

Web traffic of Bikaji

The website of Bikaji (bikaji.com) receives about 61.8K visits a month.

  • Monthly visits
    61.8K

    ▲ 9% vs previous month

Similar websites

Websites whose visitors overlap most with Bikaji. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
haribadairyfarm.com
haribadairyfarm.com
100%
#778,180–
Jana Small Finance Bank
janabank.com
96%
101.9K#339,249View details
Gujufood
gujufood.com
72%
16.2K#1,394,623View details
Kaynes Technology
kaynestechnology.co.in
58%
43.6K#503,752View details
KFin Technologies
kfintech.com
58%
5.4M#6,917View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 8 similar websites and full traffic analytics for Bikaji

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  • 8 similar websites
  • Audience overlap
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  • Traffic by brand

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Top companies in Food & Beverage Products & Processing

3 companies that operate in the same segment as Bikaji (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Country Delight
Platform offering a subscription-based delivery service for fresh milk and groceries
2015Gurugram, Haryana, IndiaUSD 228.42 MUSD 99.78 M3,464
Blue Tokai Coffee Roasters
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 25.83 M2,059
Licious
Meat and seafood products are delivered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 564.84 MUSD 143.51 M2,828
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Related news about Bikaji

BIKAJI: Q2 REVENUE 9.21B RUPEES VS 8.15B (YOY)
Exchange Update • 3 days ago
BIKAJI: Q2 CONS NET PROFIT 707.8M RUPEES VS 797.8M (YOY)
Exchange Update • 3 days ago
BIKAJI: Q2 EBITDA 1.02B RUPEES VS 1.13B (YOY); Q2 EBITDA MARGIN 11.03% VS 13.85% (YOY)
Exchange Update • 3 days ago
Elecon Engineering Company Ltd leads gainers in 'A' group | Capital Market News - Business Standard
Business Standard • 1 month ago
Bikaji Foods rises after forging strategic partnership with bakery expert Thayekunni Khaleel | Capital Market News - Business Standard
Business Standard • 2 months ago
Bikaji Foods sells 30% stake in baked foods subsidiary to Bakemart founder - The Economic Times
Economic Times • 2 months ago
Bikaji Foods Sells 30% Bakery Subsidiary Stake To Bakemart Founder – Outlook Business
Outlook Business • 2 months ago
Rising dairy costs leave sweet makers in a bind
Mint • 2 months ago
Buy Bikaji Foods International; target of Rs 770: Motilal Oswal
Moneycontrol • 3 months ago
Bikaji Foods International consolidated net profit rises 0.40% in the June 2026 quarter | Capital Market News - Business Standard
Business Standard • 3 months ago
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Frequently Asked Questions about Bikaji

Bikaji was founded in 1987 and raised its 1st funding round 14 years after it was founded.

Bikaji is headquartered in Bikaner, India. It is registered at Bikaner, Rajasthan, India.

Deepak Agarwal is the CEO of Bikaji, as recorded in our data.

Bikaji is a funded company, having raised a total of $53.1M across 5 funding rounds to date. The company's 1st funding round was a Series A of $93.5K, raised on Jun 2001.

Bikaji has 2,473 employees.

The primary company behind Bikaji, Bikaji Foods International Limited, reported revenue of ₹3,045 Cr for FY 2026, up 14% year on year.

Bikaji is established as a prominent manufacturer of traditional Indian snacks and sweets, specializing in products like Bhujia, Papad, and various confectioneries. The company operates in the food and beverage sector, focusing on ethnic snacking solutions. Its offerings are distributed across India and internationally, preserving cultural recipes for over 25 years. Operations are supported by a robust infrastructure in Bikaner, India, with an additional presence in the USA.

Bikaji offers Bikaneri Bhujia, Bikaneri Papad, and Rasgulla.

Yes, Bikaji is publicly traded on NSE under the ticker symbol BIKAJI.

Bikaji has made 3 acquisitions, including Ariba Foods, Hanuman Agrofood, and Hazelnut Factory.

Bikaji has 10 investors. Key investors include 360 One, WhiteOak Capital Management, INDO-CITY, Lighthouse Funds, and IIFL Asset Management.

The valuation of Bikaji is $741.5M as of Jul 2021.

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