BIKAJIBikaji Foods International Ltd.
Bikaji Foods International Q2 FY27 Results: Consolidated Net Profit ₹68.96 Crore on Total Income of ₹947 Crore
- Earnings
- food products
Reviewed byRachit TripathiBlacklitt Research
Bikaji Foods International (NSE: BIKAJI) reported consolidated total income of ₹947.27 crore and net profit of ₹68.96 crore for the quarter ended 30 Sep 2026, it said in a filing on 05 Nov 2026. Standalone total income was ₹882.32 crore and standalone net profit ₹70.44 crore for the same quarter.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹947.27 crore, up 12.4% YoY and 26.7% QoQ
- Net profit and EPS: ₹68.96 crore, down 11.2% YoY; basic EPS ₹2.82 against ₹3.18
- Finance costs: ₹7.05 crore, up 37.4% YoY from ₹5.13 crore
- Exceptional item: None in the quarter ended 30 Sep 2026; ₹4.35 crore fire loss was in the year-earlier quarter
Standalone
The company on its own, without its subsidiaries
- Total income: ₹882.32 crore, up 9.5% YoY and 28.0% QoQ
- Net profit and EPS: ₹70.44 crore, down 9.2% YoY; basic EPS ₹2.81 against ₹3.10
- Exceptional item: ₹3.84 crore impairment on investment in a wholly owned subsidiary
- Finance costs: ₹3.98 crore, up 12.4% YoY from ₹3.54 crore
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 947.27 | 842.61 | +12.4% | 747.40 | +26.7% | |
| Revenue from operations | 938.53 | 830.30 | +13.0% | 734.26 | +27.8% |
| Other income | 8.74 | 12.31 | -29.0% | 13.14 | -33.5% |
| 68.96 | 77.67 | -11.2% | 59.47 | +15.9% | |
| Profit before tax | 92.88 | 107.32 | -13.5% | 80.75 | +15.0% |
| Finance costs | 7.05 | 5.13 | +37.4% | 5.17 | +36.4% |
| Depreciation | 27.53 | 23.73 | +16.0% | 26.24 | +4.9% |
| Tax expense | 23.92 | 29.64 | -19.3% | 21.27 | +12.5% |
| Net profit margin | 7.28% | 9.22% | -1.94 pp | 7.96% | -0.68 pp |
| EPS, basic (₹) | 2.82 | 3.18 | -11.3% | 2.40 | +17.5% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Net profit fell while income rose. Total income grew 12.4% YoY to ₹947.27 crore, but net profit fell 11.2% to ₹68.96 crore, and profit before tax fell 13.5%. Revenue from operations rose 13.0%, while other income dropped 29.0% to ₹8.74 crore, or 0.9% of total income.
Finance costs rose 37.4% YoY to ₹7.05 crore, which is 0.7% of total income. Depreciation rose 16.0% to ₹27.53 crore. The filing does not state the reason for either rise. Tax expense fell 19.3% to ₹23.92 crore, which is 25.8% of profit before tax, against a higher base in the year-earlier quarter.
The year-earlier quarter carried a ₹4.35 crore exceptional loss from a fire on 17 Aug 2025 at the Patna facility of contract manufacturer Dadiji Snacks Private Limited. The quarter ended 30 Sep 2026 has no exceptional item at the consolidated level.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 882.32 | 805.64 | +9.5% | 689.13 | +28.0% | |
| Revenue from operations | 872.72 | 795.54 | +9.7% | 678.17 | +28.7% |
| Other income | 9.60 | 10.10 | -4.9% | 10.96 | -12.4% |
| 70.44 | 77.60 | -9.2% | 64.57 | +9.1% | |
| Profit before tax | 94.79 | 109.04 | -13.1% | 86.89 | +9.1% |
| Finance costs | 3.98 | 3.54 | +12.4% | 3.37 | +18.2% |
| Depreciation | 20.42 | 18.10 | +12.8% | 19.38 | +5.4% |
| Tax expense | 24.35 | 31.44 | -22.6% | 22.32 | +9.1% |
| Net profit margin | 7.98% | 9.63% | -1.65 pp | 9.37% | -1.39 pp |
| EPS, basic (₹) | 2.81 | 3.10 | -9.4% | 2.58 | +8.9% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit fell 9.2% to ₹70.44 crore on total income up 9.5%. Profit before tax fell 13.1%, and tax expense fell 22.6% to ₹24.35 crore, which is 25.7% of profit before tax. Other income fell 4.9% to ₹9.60 crore.
The quarter includes a ₹3.84 crore exceptional item: an impairment loss on the carrying value of an investment in a wholly owned subsidiary, which the company says it recognised as a matter of prudence.
Standalone finance costs rose 12.4% to ₹3.98 crore, and depreciation rose 12.8% to ₹20.42 crore. The filing does not give the reason for these rises.
Inference
The filing says the board approved the results on 5 Nov 2026 and that the joint statutory auditors issued limited review reports with no modification noted. The half-year cash flow statement shows dividend paid of ₹31.34 crore.
The company acquired 74% of Jai Barbareek Dev Snacks Private Limited for ₹1.48 lakh cash, effective 2 Jul 2026, and the consolidated accounts record goodwill of ₹4.86 crore from it. The filing does not say what the subsidiary contributes to revenue or profit.
Filed with BSE on . Reference: Original filing (PDF)
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