ALFA Finder
The call ran from 12:01 PM to 12:42 PM IST (41 min).
Key takeaways
Q2 top-line grew ~13% but volume only ~5%, as festive sweets shifted into Q3. YTD growth guidance raised to 17%+, while Q3 margins face pressure.
| Revenue guidance | 15.0% → 17.0% Raised by 2.0 percentage points |
|---|---|
| Management target | Revenue 17.0% FY27 |
| Revenue growth | Top-line ~13% YoY; Diwali shift to Q3 cited. |
|---|---|
| Margins | Q2 gross margin 34.4%; H1 EBITDA ~12.6%; Q4 guided ~13%+. |
| Demand visibility | Snacking demand strong; October up ~50% YoY, sweets shifting into Q3. |
| Management confidence | Optimistic; raised growth guidance while conceding Q3 margin pressure. |
Growth
Top-line ~13% YoY; total volume ~5%; snacking value +22%. Festive sweets shift depressed Q2 and flatters Q3.
Outlook
FY27 revenue growth guided ~17%. Q4 EBITDA margin guided above ~13%. THF growth guided 60-70% this year.
Risks
Standalone gross margin hit ~1.7% in Q2 and Q3 faces pressure. Price hikes deferred to post-Diwali. Edible oil, sugar and packaging cost inflation persists.
Last quarter's promises, checked
Delivered
- No MRP hike till Diwali → none taken Sep–Oct (= BEAT)
Partly delivered
- FY EBITDA 13–13.5% → H1 ~12.6% (= PARTIAL)
- THF 22→35 stores this year → 34 now, 40 by YE guided (= PARTIAL)
Missed
- FY growth 15%+ (~16%/qtr pace) → Q1 ~12.5%, Q2 ~13% (= MISS)
- Q2 gross margin stable → standalone GM hit ~1.7% (= MISS)
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
The results behind this call
Bikaji Foods International Q2 FY27 Results: Net Profit ₹69 Cr, Down 11.2% YoY
Bikaji Foods International Ltd reported revenue from operations of ₹938.5 Cr (+13.0% YoY) and net profit of ₹69 Cr (-11.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹69 Cr · -11.2% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
Management guides for 15-17% revenue growth and 13-13.5% EBITDA margins for the full year.
Growth they described
Revenue grew 12.5% YoY with 7.7% volume growth; Western snacks grew 21.3% while core ethnic snacks grew 11.4%.
Call details
| Company | Bikaji Foods International Ltd |
|---|---|
| NSE symbol | BIKAJI |
| ISIN | INE00E101023 |
| Call | Q2 FY27 earnings call |
| Date | Friday, 6 November 2026 |
| Time | 12:00 PM IST |
| Length | 41 min |
| Audio | Our stream on YouTube ↗ |
Bikaji Foods International Ltd: key numbers
- Share price
- ₹476.35
- Market cap
- ₹11,944 Cr
- Revenue (annual)
- ₹2,994 Cr
- Net profit (annual)
- ₹258.3 Cr
- P/E (TTM)
- 47.9×Sector 40.7×
- Promoter holding
- 73.88%+0.00% QoQ
- FII holding
- 4.74%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Other calls on Fri, 6 Nov
Today's concalls →
