Bikaji Foods International Ltd
About
Shivratan Agarwal established the Bikaji Foods International Limited brand in the late 1980s. He derived the company’s name from Bika Rao, the founder of Bikaner, and added Ji as a mark of respect. Today, the company is committed to the vision of providing an authentic taste of India with more than 250 varieties of bhujia, namkeens, papads, sweets, snacks, and frozen and instant foods. Bikaji owns 6 manufacturing facilities, out of which 4 are in Bikaner in addition to 1 contract manufacturing facility in Kolkata. Additionally, its restaurant in Mumbai is managed by a separate Mumbai facility. With a distribution network of 550 distributors, Bikaji’s products are exported to European, Gulf, and American countries and are found in global retail chains like Lulu and Walmart.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2365 18.7% | 1993 22.3% | 1630 23.0% | 1326 22.6% | 1082 18.4% | 913 15.9% | 788 28.1% | 615 11.1% | 554 17.8% | 470 16.8% | 402 - |
| Net Operating Income (INR Cr) | 2329 18.48% | 1966 22.04% | 1611 22.90% | 1311 21.98% | 1075 0.00% | 901 15.40% | 781 28.27% | 610 10.74% | 550 17.43% | 468 17.02% | 400 0.00% |
| Profit (INR Cr) | 266 93.7% | 137 76.0% | 78 -13.6% | 90 60.0% | 56 10.5% | 51 -3.4% | 53 20.6% | 44 6.1% | 41 28.6% | 32 29.2% | 25 - |
| Assets (INR Cr) | 1389 23.5% | 1125 14.6% | 982 40.7% | 698 18.9% | 587 7.8% | 545 20.9% | 451 11.1% | 406 23.1% | 330 22.1% | 270 109.8% | 129 - |
| Net Worth (INR Cr) | 1218 27.5% | 956 16.4% | 821 35.5% | 606 14.5% | 529 0.0% | 470 52.9% | 307 18.3% | 260 12.4% | 231 18.2% | 195 140.5% | 81 0.0% |
| Employee Cost (INR Cr) | 117 12.4% | 104 15.3% | 90 28.9% | 70 8.2% | 65 17.5% | 55 42.9% | 38 79.9% | 21 11.8% | 19 -28.7% | 27 7.2% | 25 - |
| Interest Cost (INR Cr) | 11 | 11 | 7 | 3 | 6 | 4 | 5 | 0 | 0 | -4 | 2 |
| Cash & Bank Balance (INR Cr) | 177 | 96 | 90 | 87 | 88 | 103 | 67 | 67 | 67 | 65 | 19 |
| Total Debt (INR Cr) | 166 | 170 | 160 | 87 | 54 | 73 | 142 | 136 | 97 | 72 | 46 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 11.2% | 6.9% | 4.8% | 6.8% | 5.2% | 5.6% | 6.7% | 7.1% | 7.5% | 6.8% | 6.2% |
| Profit As % Of Assets | 19.1% | 12.2% | 7.9% | 12.9% | 9.6% | 9.4% | 11.7% | 10.8% | 12.5% | 11.9% | 19.3% |
| Profit As % Of Networth | 21.8% | 14.4% | 9.5% | 14.9% | 10.7% | 10.9% | 17.2% | 16.9% | 17.9% | 16.4% | 30.6% |
| Interest Cost to EBITDA % | 2.9% | 5.2% | 5.2% | 2.3% | 5.8% | 4.3% | 4.7% | - | - | - | 5.1% |
| Debt to Equity Ratio | 0.14 | 0.18 | 0.19 | 0.14 | 0.10 | 0.15 | 0.46 | 0.52 | 0.42 | 0.37 | 0.57 |
| RONW | 24.2% | 15.3% | 10.7% | 15.9% | 10.7% | 13.1% | 18.6% | 17.9% | 19.4% | 23.2% | 30.6% |
| ROCE | 28.5% | 17.8% | 13.4% | 19.2% | 11.8% | 16.1% | 20.9% | 19.1% | 19.3% | 21.8% | 31.8% |