Q2FY27: Sales of food products grew by 13.0%YoY, driven by sustained demand across Snacks business, continued expansion across markets and improving traction across channels; Gross margin stood at 34.4 %; EBITDA margin at 12.6 %

  • Core markets: Core markets registered robust growth of 17.5% YoY.
  • Expanding Distribution reach: Direct coverage increased by approximately 19.2k outlets, taking the total reach to 3.9 lakh outlets
  • Sustained Business Momentum: Growth was supported by continued consumer demand, deeper market penetration and improving channel traction

Mumbai: Bikaji Foods International, India’s leading ethnic snacks and packaged foods company, today announced its Financial Results of the company for the quarter and half year ended on September 30, 2026, reporting a robust operational and financial performance driven by sustained momentum across core categories, distribution expansion, premium portfolio growth and continued traction across emerging channels.

H1 – FY27 Financial Performance Summary:

  • Revenue from operations grew by 12.8% YoY to INR 16,728 mn, supported by healthy volume growth and deeper market penetration
  • Volume growth stood at 6.2% YoY
  • EBITDA stood at INR 2,177 mn with EBITDA margin of 13.0%
  • Profit After Tax (PAT) stood at INR 1,284 mn
  • Earnings per share (EPS) stood at INR 5.22

H1 – FY27 Business Segments Review:

  • Ethnic Snacks: Ethnic Snacks revenue increased by 15.6% YoY, continuing to outperform overall business growth and reinforcing the category’s importance as a key growth driver
  • Packaged Sweets: Revenue witnessed an 8.1% YoY decline, largely attributable to the change in the timing of the Diwali festive season.
  • Western Snacks: Revenue grew by 32.7 % YoY
  • Papad: Revenue de-grew by 6.4 % YoY because of supply chain issues in hand made papad

Q2 – FY27 Financial Performance Summary:

  • Revenue from operations increased by 13.0% YoY to INR 9,385 mn
  • EBITDA stood at INR 1,187 mn with EBITDA margin of 12.6 %
  • Profit After Tax (PAT) stood at INR 690 mn
  • Earnings per share (EPS) stood at INR 2.82
  • Volume growth stood at 5% YoY

Q2 – FY27 Business Segments Review:

  • Ethnic Snacks: Ethnic Snacks revenue increased by 19.7% YoY, continuing to outperform overall business growth and reinforcing the category’s importance as a key growth driver
  • Packaged Sweets: Revenue witnessed an 11.3% YoY decline, largely attributable to the change in the timing of the Diwali festive season.
  • Western Snacks: Revenue grew by 44.2% YoY
  • Papad: Revenue de-grew by 6.3% YoY because of supply chain issues in hand made papad

Deepak Agarwal Chairman & Managing Director, Bikaji Foods International Limited.

“We are pleased to have sustained our growth momentum in Q2 and H1 FY27, delivering a strong performance across our core snacking categories. Our Ethnic Snacks and Western Snacks businesses witnessed healthy volume and value growth, reflecting the continued strength of the Bikaji brand, evolving consumer preferences and our focused efforts towards deeper market penetration. The encouraging traction across these categories reinforces our confidence in the underlying demand for our products and the long-term growth potential of the organised Indian snacking industry.

The Packaged Sweets category is poised to benefit from the festive demand associated with Diwali, which falls in the subsequent quarter this year due to the shift in the festive calendar. We remain confident in the category’s growth potential and expect the seasonal demand to reflect in the coming quarter. Our performance reflects the strength of our distribution network, continued investments in brand building, expansion across alternate channels and our focus on product innovation and premiumisation. We continue to strengthen our operational capabilities and enhance manufacturing efficiencies to support our next phase of growth.

As we move into the second half of the financial year, we remain optimistic about the demand environment and confident in our ability to sustain healthy growth momentum. With a strong brand portfolio, expanding distribution reach and continued focus on execution, we are well positioned to capitalise on emerging opportunities and further strengthen Bikaji’s position in India’s organised snacking and packaged foods industry”.