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:
Revenue projections for BIKAJI With BIKAJI's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.
Financial Ratios:
currentRatio
2.600000
forwardPE
50.603004
debtToEquity
15.598000
earningsGrowth
-0.616000
revenueGrowth
-0.001000
grossMargins
0.323150
operatingMargins
0.081140
trailingEps
7.990000
forwardEps
14.000000
Bikaji Foods International Limited's current ratio of 2.6 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects Bikaji Foods International Limited's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues. BIKAJI's forward PE ratio is too high, raising concerns that future price increases may be restricted and a correction could be imminent. It's essential to weigh this parameter carefully in conjunction with other fundamentals to get a clearer picture of the stock's valuation. BIKAJI's low Debt-to-Equity ratio means the company is not over-leveraged, highlighting its conservative use of debt. This suggests reduced financial risk and a stable balance sheet, making BIKAJI a financially resilient company with lower exposure to debt-related pressures. BIKAJI's low earnings and revenue growth suggest that the company may face shrinking profits. This could indicate underlying financial challenges, making it difficult for BIKAJI to sustain its current profitability. BIKAJI's negative gross and operating margins suggest that the company is currently unprofitable, both in terms of production and overall operations. This could reflect rising costs or declining revenues, posing challenges for future profitability. With a forward EPS greater than its trailing EPS, BIKAJI is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.
Price projections:
Price projections for BIKAJI Over time, price projections for BIKAJI have gradually increased, reflecting rising confidence in the company's future performance. This upward trend suggests analysts expect BIKAJI to continue on a positive growth trajectory.
Recommendation changes over time:
Recommendations trend for BIKAJI
Recent analysis shows a strong buy bias for Bikaji Foods International Limited, encouraging investors to view it as a solid investment option. The positive sentiment surrounding Bikaji Foods International Limited suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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