Bikaji Foods International Ltd

NSE
BIKAJI •
BUY

1W Return

-%

1M Return

-%

6M Return

-%

1Y Return

-%

3Y Return

-%

Start SIP in Bikaji Foods International Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
55.17% Gain from 52W Low
-1
TTM PE Ratio
Below industry Median
70.8
Price to Book Ratio
High in industry
13.9
Dividend yield 1yr %
Below industry Median
0.1
TTM PEG Ratio
PEG TTM is slightly more than 1
1.1
RSI
RSI is mid-range
38.3
MFI
MFI oversold
23.3

Bikaji Foods International Ltd Key Financials

*All values are in ₹ Cr.

Bikaji Foods International Ltd shareholding Pattern

Promoter
75.2%
Foreign Institutions
6.9%
Mutual Funds
10%
Domestic Institutions
14%
Public
4%

Bikaji Foods International Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
3
Bearish Moving Averages
13
5Day EMA
533.90
10Day EMA
538.80
12Day EMA
540.90
20Day EMA
547.30
26Day EMA
549.90
50Day EMA
549.80
100Day EMA
533.30
200Day EMA
494.60
Delivery & Volume
Resistance & Support
531.85
Pivot
Resistance
First Resistance
535.95
Second Resistance
542.30
Third Resistance
546.40
Support
First Support
525.50
Second support
521.40
Third Support
515.05
Relative Strength Index
38.34
Money Flow Index
23.31
MACD
-9.03
MACD Signal
-6.46
Average True Range
17.60
Average Directional Index
31.46
Rate of Change (21)
-7.19
Rate of Change (125)
10.02

Bikaji Foods International Ltd Company background

Founded in: 1995
Managing director: Deepak Agarwal
Bikaji Foods International Limited was originally incorporated as a Public Limited Company under the name Shivdeep Industries Limited under the Companies Act, 1956, dated October 6, 1995 at Jaipur and received a Certificate of Commencement of Business from the RoC on October 27, 1995, following its conversion from erstwhile Partnership Firm, Shivdeep Food Products to Shivdeep Industries Limited. Subsequently, name of the Company was changed from Shivdeep Industries Limited to Bikaji Foods International Limited pursuant to the Shareholders Resolution dated September 8, 2011 and a fresh Certificate of Incorporation dated October 5, 2011 was issued by the RoC.The Company is the third largest ethnic snacks company in India with an international footprint, selling Indian snacks and sweets, and are the second fastest growing company in the Indian organised snacks market. Its product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range and cookies. The Company is primarily involved in manufacturing, purchase and sale of snacks food.The Company was the largest manufacturer of Bikaneri bhujia with annual production of 29,380 tonnes, and was second largest manufacturer of handmade papad with an annual production capacity of 9,000 tonnes in Fiscal 2022. It is also the third largest player in the organised sweets market with annual capacity of 24,000 tonnes for packaged rasgulla, 23,040 tonnes for soan papdi and 12,000 tonnes for gulab jamun.As of June 30, 2022, the Company had six depots, 38 superstockists, 416 direct and 1,956 indirect distributors that work with their superstockists, located across 23 states and 4 union territories in India. Further, it also started supplying products for sale in Indian army canteens from August 2022. Presently, it has seven operational manufacturing facilities with 4 facilities located in Bikaner (Rajasthan), one in Guwahati (Assam), one facility in Tumakuru (Tumkur) (Karnataka) held through of one of its subsidiary, Petunt Food Processors Private Limited to cater to southern markets in India and one facility in Muzaffarpur (Bihar) held through the other subsidiary, Vindhyawasini Sales Private Limited to cater to core market of Bihar, respectively. In addition, the Company has entered into an agreement with a contract manufacturing unit in Kolkata (West Bengal), that cater to certain parts of eastern India, and two contract manufacturing agreements with Group Company, Hanuman Agrofood at Bikaner and with another thirdparty contract manufacturer located at Kanpur, Uttar Pradesh. It also has one small facility in Mumbai to manage restaurant sales in Mumbai.Their manufacturing facilities are generally equipped with modern and automated production processes, with specialized custommade manufacturing equipment obtained from national and international suppliers. In particular, the production process for bhujia, namkeen snacks and packaged tinbased sweets are automated. It also has started manufacturing papad through automation. However, most of papad products are handmade, and the Company indirectly work with rural women through independent contractors for production of papad. In 2006, the Company integrated business by forming amalgamation with four Group Companies, i.e., Bikaji Foods Private Limited, Shivdeep Food Products Private Limited, Bikaji Marketing Limited, and Dipus Foods Private Limited.In 2008, it commenced operations by opening of first restaurant, Bikaji Food Junxon in Mumbai.In 2016, it commissioned new facility at Karni Industrial Area, Bikaner.In 2019, it acquired a subsidiary, Petunt Food Processors Private Limited.In 2022, it acquired 100% stake of Vindhyawasini Sales Private Limited.The Company came out with a Public Issue during November, 2022 by raising Rs. 880.845 crores through Offer for Sale.3 new plants were established in Muzaffarpur, Kanpur, and Bikaner in terms of expansion during the year 2023.
Read More

Bikaji Foods International Ltd FAQs

Bikaji Foods International Ltd shares are currently priced at 529.6 on NSE and 529.9 on BSE as of 2/21/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Bikaji Foods International Ltd [BIKAJI] share was 41.07. The Bikaji Foods International Ltd [BIKAJI] share hit a 1-year low of Rs. 341.3 and a 1-year high of Rs. 605.9.

The market cap of Bikaji Foods International Ltd is Rs. 13260.24 Cr. as of 2/21/2024 12:00:00 AM.

The PE ratios of Bikaji Foods International Ltd is 69.18 as of 2/21/2024 12:00:00 AM.

The PB ratios of Bikaji Foods International Ltd is 12.61 as of 2/21/2024 12:00:00 AM

The Mutual Fund Shareholding was 9.97% at the end of 2/21/2024 12:00:00 AM.

You can easily buy Bikaji Foods International Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

Open Demat Account
or Resume your Application
+91 -

personImage