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Fundamentals for Bikaji Foods International Limited
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Fundamentals for Bikaji Foods International Limited
Business Operations:
Sector: Consumer DefensiveIndustry: Packaged Foods
Bikaji Foods International Limited, together with its subsidiaries, manufactures, purchases, and sells snack food products in India and internationally. It offers bhujia, namkeen, sweets, papad, pellets, chips, and other snacks, as well as frozen foods, gift packs, maida, mathris, and cookies under the Bikaji brand. The company sells its products through distributors, modern retail markets, brick-and-mortar stores, convenience stores, online channels, and direct-to-consumers. It exports its products to North America, Europe, the Asia Pacific, the Middle East, Africa, and the United Kingdom regions. The company was formerly known as Shivdeep Industries Ltd. Bikaji Foods International Limited was founded in 1986 and is headquartered in Bikaner, India.
Revenue projections:
Investors are expected to be cautious with Bikaji Foods International Limited, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.
Financial Ratios:
| currentRatio | 2.467000 |
|---|---|
| forwardPE | 45.044006 |
| debtToEquity | 17.531000 |
| earningsGrowth | 0.258000 |
| revenueGrowth | 0.175000 |
| grossMargins | 0.350500 |
| operatingMargins | 0.088000 |
| trailingEps | 10.310000 |
| forwardEps | 14.770000 |
BIKAJI's current ratio is 2.467, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting BIKAJI has no trouble covering its short-term financial obligations.
BIKAJI's low Debt-to-Equity ratio highlights its minimal reliance on debt, showing that the company is not over-leveraged. This contributes to lower financial risk and greater stability, giving BIKAJI a stronger position in managing its financial obligations.
BIKAJI's positive earnings and revenue growth suggest that the company is poised for business expansion. This financial strength indicates that BIKAJI is expected to continue growing, with rising profits and sales contributing to its long-term success.
BIKAJI's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
The current valuation of BIKAJI, concerning its projections, presents no apparent risks or opportunities. This neutral outlook may lead investors to adopt a cautious approach as they await further insights into the company's performance.
Recommendation changes over time:
The recent buy bias for BIKAJI from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see BIKAJI as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.
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