BJP Election Jeete ya Haare BIKAJI FOODS ki Mithai to Banti hai

1 jun

Company has delivered good profit growth of 39.5% CAGR over last 5 years


Delivered overall volume growth of 14.3% and value
growth of 33% in Q4 YoY


EBITDA margin expanded by 244 bps in FY 24 over FY
23. This was led by gross margin expansion by 329 bps
due to favourable material prices along with better
product mix and realisation.


In Q4 FY PLI income has been recorded amounting to
INR 930.5 millions (for FY 20-21, FY 21-22 and FY 22-23)
as all commitments have been fulfilled. Going forward
this will be recorded on accrual basis quarter on
quarter.


Total committed investment was done by 31 March 2024 as per committed timelines.

Realised amount of INR 484 millions for FY 2021-22 and FY 2022-23 in two tranches from Government.

Since commitment is completed, from this year onwards started booking PLI income in books of account under “other operating
revenue” as per accrual concept of accounting.


In current year booked income in books pertaining to FY 2021-22, FY 2022-23 and
FY 2023-24. Going forward same will be booked quarter on quarter basis.



Bikaji Foods International Ltd (previously Shivdeep Industries Limited) was founded in 1986 as a partnership concern and was converted to a limited company in October 1995. The erstwhile firm used to sell its product under the name of Haldiram, and from 1993 onwards, the company established the BIKAJI brand for its products. The company is engaged in the manufacturing and processing of bhujia, papad, namkeens, cookies, snacks and sweets, among other products. It also exports to more than 35 countries and contributes approximately 5% of sales. The company has ISO: 9001:2015 and ISO 22000:2005 certified manufacturing facilities in Bichhwal, Bikaner.




Bikaji Foods International Limited is one of India's largest fast-moving consumer goods ("FMCG") brands. The company's product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range, and cookies.