Bikaji Foods International Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 10, 2025, 11:32 am

Market Cap	16,614 Cr.
Current Price	663
High / Low	1,008/476
Stock P/E	59.4
Book Value	53.4
Dividend Yield	0.15 %
ROCE	29.6 %
ROE	24.7 %
Face Value	1.00
PEG Ratio	-2.79

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Bikaji Foods International Ltd

Competitors of Bikaji Foods International Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Mishtann Foods Ltd	603 Cr.	5.60	21.8/4.75	1.75	7.38	0.02 %	88.7 %	98.7 %	1.00
Mrs Bectors Food Specialities Ltd	8,536 Cr.	1,382	2,200/964	59.9	182	0.24 %	25.4 %	23.2 %	10.0
Nakoda Group of Industries Ltd	50.9 Cr.	36.5	54.4/33.3		11.8	0.00 %	1.80 %	12.1 %	10.0
ICL Organic Dairy Products Ltd	23.8 Cr.	39.7	/	1,192	20.1	0.00 %	0.25 %	0.17 %	10.0
Himalaya Food International Ltd	69.6 Cr.	12.0	28.4/11.6	14.3	24.4	0.00 %	3.63 %	3.61 %	10.0
Industry Average	18,532.43 Cr	750.62		163.19	119.30	0.24%	20.85%	21.11%	6.56

All Competitor Stocks of Bikaji Foods International Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	437	397	414	570	503	458	478	598	613	606	561	713	676
Expenses	413	357	382	505	452	400	412	509	537	445	468	604	621
Operating Profit	24	40	31	65	51	58	66	89	76	161	93	109	56
OPM %	5%	10%	8%	11%	10%	13%	14%	15%	12%	27%	17%	15%	8%
Other Income	2	8	5	6	12	5	6	6	6	11	7	8	7
Interest	1	2	2	2	2	2	2	2	2	2	2	2	3
Depreciation	9	10	10	10	12	10	13	15	15	15	17	17	18
Profit before tax	16	35	24	58	49	51	58	78	65	155	81	97	42
Tax %	32%	26%	25%	26%	23%	28%	25%	22%	24%	25%	26%	26%	26%
Net Profit	11	26	18	43	38	37	43	61	49	116	61	72	31
EPS in Rs	0.43	1.06	0.71	1.74	1.51	1.47	1.73	2.45	1.96	4.64	2.42	2.88	1.23

Last Updated: March 3, 2025, 5:50 pm

Below is a detailed analysis of the quarterly data for Bikaji Foods International Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹676.00 Cr.. The value appears to be declining and may need further review. It has decreased from 713.00 Cr. (Sep 2024) to ₹676.00 Cr., marking a decrease of 37.00 Cr..
For Expenses, as of Dec 2024, the value is ₹621.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 604.00 Cr. (Sep 2024) to ₹621.00 Cr., marking an increase of ₹17.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹56.00 Cr.. The value appears to be declining and may need further review. It has decreased from 109.00 Cr. (Sep 2024) to ₹56.00 Cr., marking a decrease of 53.00 Cr..
For OPM %, as of Dec 2024, the value is 8.00%. The value appears to be declining and may need further review. It has decreased from 15.00% (Sep 2024) to 8.00%, marking a decrease of 7.00%.
For Other Income, as of Dec 2024, the value is ₹7.00 Cr.. The value appears to be declining and may need further review. It has decreased from 8.00 Cr. (Sep 2024) to ₹7.00 Cr., marking a decrease of 1.00 Cr..
For Interest, as of Dec 2024, the value is ₹3.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.00 Cr. (Sep 2024) to ₹3.00 Cr., marking an increase of ₹1.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹18.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 17.00 Cr. (Sep 2024) to ₹18.00 Cr., marking an increase of ₹1.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹42.00 Cr.. The value appears to be declining and may need further review. It has decreased from 97.00 Cr. (Sep 2024) to ₹42.00 Cr., marking a decrease of 55.00 Cr..
For Tax %, as of Dec 2024, the value is 26.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 26.00%.
For Net Profit, as of Dec 2024, the value is ₹31.00 Cr.. The value appears to be declining and may need further review. It has decreased from 72.00 Cr. (Sep 2024) to ₹31.00 Cr., marking a decrease of 41.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 1.23. The value appears to be declining and may need further review. It has decreased from ₹2.88 (Sep 2024) to 1.23, marking a decrease of ₹1.65.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:27 pm

Metric	Mar 2006	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	61	400	468	550	610	781	901	1,075	1,308	1,599	1,944	2,295	2,557
Expenses	57	357	419	487	536	681	808	980	1,163	1,456	1,732	1,900	2,139
Operating Profit	4	43	49	63	73	100	93	94	145	142	212	395	418
OPM %	6%	11%	10%	11%	12%	13%	10%	9%	11%	9%	11%	17%	16%
Other Income	-1	2	1	2	3	3	10	8	11	10	22	26	33
Interest	1	2	-4	0	0	5	4	6	3	7	9	9	9
Depreciation	1	4	6	7	12	17	22	34	33	37	45	56	67
Profit before tax	1	39	48	58	64	82	76	62	120	109	181	356	375
Tax %	19%	36%	33%	29%	32%	36%	33%	11%	25%	27%	23%	24%
Net Profit	1	25	32	41	44	53	51	55	90	80	138	270	280
EPS in Rs	4.20	12.16	13.75	17.68	18.76	22.63	20.98	22.82	36.91	3.20	5.55	10.77	11.17
Dividend Payout %	0%	0%	15%	11%	11%	9%	10%	9%	5%	3%	14%	9%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	28.00%	28.12%	7.32%	20.45%	-3.77%	7.84%	63.64%	-11.11%	72.50%	95.65%
Change in YoY Net Profit Growth (%)	0.00%	0.12%	-20.81%	13.14%	-24.23%	11.62%	55.79%	-74.75%	83.61%	23.15%

Bikaji Foods International Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2023-2024.

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: November 15, 2024, 1:48 am

Month	Mar 2006	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	2	20	23	23	23	23	24	24	24	25	25	25	25
Reserves	17	61	172	208	245	284	446	504	580	798	934	1,200	1,312
Borrowings	12	46	72	97	136	142	73	54	83	141	138	139	180
Other Liabilities	10	54	62	55	55	73	87	93	115	118	143	138	215
Total Liabilities	40	182	329	384	460	523	630	675	803	1,081	1,240	1,503	1,732
Fixed Assets	28	95	100	176	229	313	396	406	406	480	607	753	746
CWIP	0	12	84	83	86	47	13	3	33	48	70	12	38
Investments	1	0	10	2	2	3	3	36	87	146	41	60	114
Other Assets	11	75	135	124	143	160	218	230	277	407	523	677	834
Total Assets	40	182	329	384	460	523	630	675	803	1,081	1,240	1,503	1,732

Below is a detailed analysis of the balance sheet data for Bikaji Foods International Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹25.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹25.00 Cr..
For Reserves, as of Sep 2024, the value is ₹1,312.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,200.00 Cr. (Mar 2024) to ₹1,312.00 Cr., marking an increase of 112.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹180.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹139.00 Cr. (Mar 2024) to ₹180.00 Cr., marking an increase of 41.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹215.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹138.00 Cr. (Mar 2024) to ₹215.00 Cr., marking an increase of 77.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹1,732.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹1,503.00 Cr. (Mar 2024) to ₹1,732.00 Cr., marking an increase of 229.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹746.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹753.00 Cr. (Mar 2024) to ₹746.00 Cr., marking a decrease of 7.00 Cr..
For CWIP, as of Sep 2024, the value is ₹38.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹12.00 Cr. (Mar 2024) to ₹38.00 Cr., marking an increase of 26.00 Cr..
For Investments, as of Sep 2024, the value is ₹114.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹60.00 Cr. (Mar 2024) to ₹114.00 Cr., marking an increase of 54.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹834.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹677.00 Cr. (Mar 2024) to ₹834.00 Cr., marking an increase of 157.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹1,732.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,503.00 Cr. (Mar 2024) to ₹1,732.00 Cr., marking an increase of 229.00 Cr..

Notably, the Reserves (₹1,312.00 Cr.) exceed the Borrowings (180.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	27	54	34	37	78	64	51	121	60	177	243
Cash from Investing Activity +	-27	-95	-74	-69	-63	-67	-54	-129	-220	-131	-207
Cash from Financing Activity +	1	87	41	32	-10	58	-26	2	157	-2	-45
Net Cash Flow	1	47	2	-0	5	55	-29	-6	-4	43	-10

Free Cash Flow

Month	Mar 2006	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-8.00	-3.00	-23.00	-34.00	-63.00	-42.00	20.00	40.00	62.00	1.00	74.00	256.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2006	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	6	13	12	15	17	16	16	14	13	17	16	18
Inventory Days	42	21	29	21	25	26	26	22	26	26	20	18
Days Payable	34	43	39	28	21	18	20	8	18	15	14	12
Cash Conversion Cycle	14	-9	2	7	21	24	22	27	21	28	22	23
Working Capital Days	6	8	-18	9	23	7	15	15	17	38	38	35
ROCE %			22%	20%	18%	21%	16%	12%	19%	14%	18%	30%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	75.97%	75.97%	75.37%	75.21%	75.18%	75.10%	75.10%	74.98%
FIIs	3.71%	3.45%	5.46%	7.02%	6.89%	7.66%	7.51%	7.48%
DIIs	9.90%	10.57%	12.42%	13.55%	13.96%	13.51%	13.32%	12.78%
Public	10.42%	10.03%	6.74%	4.22%	3.99%	3.72%	4.06%	4.76%
No. of Shareholders	92,561	83,142	75,172	85,411	86,930	85,927	92,097	1,09,780

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Quant Small Cap Fund	11,815,122	3.59	616.57	695,000	2025-03-11	1600.02%
Canara Robeco Small Cap Fund	2,380,308	1.29	124.22	695,000	2025-03-11	242.49%
Aditya Birla Sun Life Small Cap Fund	1,159,713	1.12	60.52	695,000	2025-03-11	66.87%
Tata India Consumer Fund	968,774	2.72	50.56	695,000	2025-03-11	39.39%
Edelweiss Mid Cap Fund	940,695	0.97	49.09	695,000	2025-03-11	35.35%
Edelweiss Small Cap Fund	879,368	1.46	45.89	695,000	2025-03-11	26.53%
Canara Robeco Multi Cap Fund	695,000	1.72	36.27	695,000	2025-03-11	0%
Aditya Birla Sun Life India GenNext Fund	673,435	0.75	35.14	695,000	2025-03-11	-3.1%
HSBC ELSS Tax saver Fund	598,300	0.85	31.22	695,000	2025-03-11	-13.91%
Edelweiss Recently Listed IPO Fund	550,000	3.04	28.7	695,000	2025-03-11	-20.86%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	10.00	10.00
Basic EPS (Rs.)	10.63	5.15	3.15	37.10	23.18
Diluted EPS (Rs.)	10.63	5.14	3.15	37.10	23.18
Cash EPS (Rs.)	12.92	6.96	4.58	50.78	37.25
Book Value[Excl.RevalReserv]/Share (Rs.)	48.57	38.17	32.89	249.86	217.64
Book Value[Incl.RevalReserv]/Share (Rs.)	48.57	38.17	32.89	249.86	217.64
Revenue From Operations / Share (Rs.)	93.03	78.80	64.56	539.11	441.46
PBDIT / Share (Rs.)	16.72	9.15	6.01	64.25	42.34
PBIT / Share (Rs.)	14.32	7.26	4.48	50.63	28.28
PBT / Share (Rs.)	13.90	6.84	4.21	49.40	26.18
Net Profit / Share (Rs.)	10.52	5.07	3.05	37.15	23.18
NP After MI And SOA / Share (Rs.)	10.61	5.15	3.12	37.10	23.18
PBDIT Margin (%)	17.97	11.61	9.31	11.91	9.59
PBIT Margin (%)	15.39	9.21	6.93	9.39	6.40
PBT Margin (%)	14.93	8.67	6.51	9.16	5.92
Net Profit Margin (%)	11.31	6.43	4.71	6.89	5.25
NP After MI And SOA Margin (%)	11.40	6.53	4.83	6.88	5.25
Return on Networth / Equity (%)	21.80	13.47	9.49	14.89	10.65
Return on Capital Employeed (%)	27.24	17.27	12.24	18.79	11.76
Return On Assets (%)	17.32	10.10	7.07	11.03	8.33
Long Term Debt / Equity (X)	0.01	0.04	0.05	0.02	0.03
Total Debt / Equity (X)	0.09	0.15	0.17	0.13	0.07
Asset Turnover Ratio (%)	1.66	1.67	1.68	1.77	1.65
Current Ratio (X)	2.28	1.88	1.80	1.45	2.27
Quick Ratio (X)	1.90	1.53	1.42	1.10	1.87
Inventory Turnover Ratio (X)	17.99	17.58	17.77	19.59	19.27
Dividend Payout Ratio (NP) (%)	7.04	1.94	6.41	5.39	8.62
Dividend Payout Ratio (CP) (%)	5.74	1.42	4.29	3.94	5.36
Earning Retention Ratio (%)	92.96	98.06	93.59	94.61	91.38
Cash Earning Retention Ratio (%)	94.26	98.58	95.71	96.06	94.64
Interest Coverage Ratio (X)	39.37	21.54	22.42	52.16	20.13
Interest Coverage Ratio (Post Tax) (X)	25.78	12.95	12.36	31.16	12.02
Enterprise Value (Cr.)	12215.32	9081.03	0.00	0.00	0.00
EV / Net Operating Revenue (X)	5.24	4.62	0.00	0.00	0.00
EV / EBITDA (X)	29.18	39.78	0.00	0.00	0.00
MarketCap / Net Operating Revenue (X)	5.27	4.60	0.00	0.00	0.00
Retention Ratios (%)	92.95	98.05	93.58	94.60	91.37
Price / BV (X)	10.08	9.47	0.00	0.00	0.00
Price / Net Operating Revenue (X)	5.27	4.60	0.00	0.00	0.00
EarningsYield	0.02	0.01	0.00	0.00	0.00

After reviewing the key financial ratios for Bikaji Foods International Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 24, the value is 10.63. This value is within the healthy range. It has increased from 5.15 (Mar 23) to 10.63, marking an increase of 5.48.
For Diluted EPS (Rs.), as of Mar 24, the value is 10.63. This value is within the healthy range. It has increased from 5.14 (Mar 23) to 10.63, marking an increase of 5.49.
For Cash EPS (Rs.), as of Mar 24, the value is 12.92. This value is within the healthy range. It has increased from 6.96 (Mar 23) to 12.92, marking an increase of 5.96.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 48.57. It has increased from 38.17 (Mar 23) to 48.57, marking an increase of 10.40.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 48.57. It has increased from 38.17 (Mar 23) to 48.57, marking an increase of 10.40.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 93.03. It has increased from 78.80 (Mar 23) to 93.03, marking an increase of 14.23.
For PBDIT / Share (Rs.), as of Mar 24, the value is 16.72. This value is within the healthy range. It has increased from 9.15 (Mar 23) to 16.72, marking an increase of 7.57.
For PBIT / Share (Rs.), as of Mar 24, the value is 14.32. This value is within the healthy range. It has increased from 7.26 (Mar 23) to 14.32, marking an increase of 7.06.
For PBT / Share (Rs.), as of Mar 24, the value is 13.90. This value is within the healthy range. It has increased from 6.84 (Mar 23) to 13.90, marking an increase of 7.06.
For Net Profit / Share (Rs.), as of Mar 24, the value is 10.52. This value is within the healthy range. It has increased from 5.07 (Mar 23) to 10.52, marking an increase of 5.45.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 10.61. This value is within the healthy range. It has increased from 5.15 (Mar 23) to 10.61, marking an increase of 5.46.
For PBDIT Margin (%), as of Mar 24, the value is 17.97. This value is within the healthy range. It has increased from 11.61 (Mar 23) to 17.97, marking an increase of 6.36.
For PBIT Margin (%), as of Mar 24, the value is 15.39. This value is within the healthy range. It has increased from 9.21 (Mar 23) to 15.39, marking an increase of 6.18.
For PBT Margin (%), as of Mar 24, the value is 14.93. This value is within the healthy range. It has increased from 8.67 (Mar 23) to 14.93, marking an increase of 6.26.
For Net Profit Margin (%), as of Mar 24, the value is 11.31. This value exceeds the healthy maximum of 10. It has increased from 6.43 (Mar 23) to 11.31, marking an increase of 4.88.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 11.40. This value is within the healthy range. It has increased from 6.53 (Mar 23) to 11.40, marking an increase of 4.87.
For Return on Networth / Equity (%), as of Mar 24, the value is 21.80. This value is within the healthy range. It has increased from 13.47 (Mar 23) to 21.80, marking an increase of 8.33.
For Return on Capital Employeed (%), as of Mar 24, the value is 27.24. This value is within the healthy range. It has increased from 17.27 (Mar 23) to 27.24, marking an increase of 9.97.
For Return On Assets (%), as of Mar 24, the value is 17.32. This value is within the healthy range. It has increased from 10.10 (Mar 23) to 17.32, marking an increase of 7.22.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.01. This value is below the healthy minimum of 0.2. It has decreased from 0.04 (Mar 23) to 0.01, marking a decrease of 0.03.
For Total Debt / Equity (X), as of Mar 24, the value is 0.09. This value is within the healthy range. It has decreased from 0.15 (Mar 23) to 0.09, marking a decrease of 0.06.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.66. It has decreased from 1.67 (Mar 23) to 1.66, marking a decrease of 0.01.
For Current Ratio (X), as of Mar 24, the value is 2.28. This value is within the healthy range. It has increased from 1.88 (Mar 23) to 2.28, marking an increase of 0.40.
For Quick Ratio (X), as of Mar 24, the value is 1.90. This value is within the healthy range. It has increased from 1.53 (Mar 23) to 1.90, marking an increase of 0.37.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 17.99. This value exceeds the healthy maximum of 8. It has increased from 17.58 (Mar 23) to 17.99, marking an increase of 0.41.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 7.04. This value is below the healthy minimum of 20. It has increased from 1.94 (Mar 23) to 7.04, marking an increase of 5.10.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 5.74. This value is below the healthy minimum of 20. It has increased from 1.42 (Mar 23) to 5.74, marking an increase of 4.32.
For Earning Retention Ratio (%), as of Mar 24, the value is 92.96. This value exceeds the healthy maximum of 70. It has decreased from 98.06 (Mar 23) to 92.96, marking a decrease of 5.10.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 94.26. This value exceeds the healthy maximum of 70. It has decreased from 98.58 (Mar 23) to 94.26, marking a decrease of 4.32.
For Interest Coverage Ratio (X), as of Mar 24, the value is 39.37. This value is within the healthy range. It has increased from 21.54 (Mar 23) to 39.37, marking an increase of 17.83.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 25.78. This value is within the healthy range. It has increased from 12.95 (Mar 23) to 25.78, marking an increase of 12.83.
For Enterprise Value (Cr.), as of Mar 24, the value is 12,215.32. It has increased from 9,081.03 (Mar 23) to 12,215.32, marking an increase of 3,134.29.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 5.24. This value exceeds the healthy maximum of 3. It has increased from 4.62 (Mar 23) to 5.24, marking an increase of 0.62.
For EV / EBITDA (X), as of Mar 24, the value is 29.18. This value exceeds the healthy maximum of 15. It has decreased from 39.78 (Mar 23) to 29.18, marking a decrease of 10.60.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 5.27. This value exceeds the healthy maximum of 3. It has increased from 4.60 (Mar 23) to 5.27, marking an increase of 0.67.
For Retention Ratios (%), as of Mar 24, the value is 92.95. This value exceeds the healthy maximum of 70. It has decreased from 98.05 (Mar 23) to 92.95, marking a decrease of 5.10.
For Price / BV (X), as of Mar 24, the value is 10.08. This value exceeds the healthy maximum of 3. It has increased from 9.47 (Mar 23) to 10.08, marking an increase of 0.61.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 5.27. This value exceeds the healthy maximum of 3. It has increased from 4.60 (Mar 23) to 5.27, marking an increase of 0.67.
For EarningsYield, as of Mar 24, the value is 0.02. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 23) to 0.02, marking an increase of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Bikaji Foods International Ltd as of March 12, 2025 is: ₹627.72

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 12, 2025, Bikaji Foods International Ltd is Overvalued by 5.32% compared to the current share price 663.00

Intrinsic Value of Bikaji Foods International Ltd as of March 12, 2025 is: 494.25

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 12, 2025, Bikaji Foods International Ltd is Overvalued by 25.45% compared to the current share price 663.00

Last 5 Year EPS CAGR: -21.26%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 15.83%, which is a positive sign. The stock has a low average Working Capital Days of 16.08, which is a positive sign. The company has higher reserves (520.08 cr) compared to borrowings (101.00 cr), indicating strong financial stability. The company has shown consistent growth in sales (290.69 cr) and profit (120.85 cr) over the years.	The stock has a high average Cash Conversion Cycle of 16.83, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Bikaji Foods International Ltd:
1. Net Profit Margin: 11.31%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 27.24% (Industry Average ROCE: 20.85%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 21.8% (Industry Average ROE: 21.11%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 25.78
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.9
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 59.4 (Industry average Stock P/E: 163.19)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.09
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Bikaji Foods International Ltd. is a Public Limited Listed company incorporated on 06/10/1995 and has its registered office in the State of Rajasthan, India. Company's Corporate Identification Number(CIN) is L15499RJ1995PLC010856 and registration number is 010856. Currently Company is involved in the business activities of Manufacture of papads, appalam and similar food products. Company's Total Operating Revenue is Rs. 2294.71 Cr. and Equity Capital is Rs. 25.04 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Food Processing - Bakery/Dairy/Fruits/Others	F 196-199, F 178 & E 188, Bikaner Rajasthan 334006	cs@bikaji.com http://www.bikaji.com

Management
Name	Position Held
Mr. Shiv Ratan Agarwal	Chairman & Wholetime Director
Mr. Deepak Agarwal	Managing Director
Mrs. Shweta Agarwal	Whole Time Director
Mr. Sachin Kumar Bhartiya	Non Exe.Non Ind.Director
Mr. Siraj Azmat Chaudhry	Ind. Non-Executive Director
Mrs. Richa Manoj Goyal	Ind. Non-Executive Director
Mr. Pulkit Anilkumar Bachhawat	Ind. Non-Executive Director
Mr. Nikhil Kishorchandra Vora	Ind. Non-Executive Director
Mr. Sunil Sethi	Ind. Non-Executive Director

FAQ

What is the latest intrinsic value of Bikaji Foods International Ltd?

The latest intrinsic value of Bikaji Foods International Ltd as on 11 March 2025 is ₹627.72, which is 5.32% lower than the current market price of 663.00, indicating the stock is overvalued by 5.32%. The intrinsic value of Bikaji Foods International Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹16,614 Cr. and recorded a high/low of ₹1,008/476 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,312 Cr and total liabilities of ₹1,732 Cr.

What is the Market Cap of Bikaji Foods International Ltd?

The Market Cap of Bikaji Foods International Ltd is 16,614 Cr..

What is the current Stock Price of Bikaji Foods International Ltd as on 11 March 2025?

The current stock price of Bikaji Foods International Ltd as on 11 March 2025 is ₹663.

What is the High / Low of Bikaji Foods International Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Bikaji Foods International Ltd stocks is ₹1,008/476.

What is the Stock P/E of Bikaji Foods International Ltd?

The Stock P/E of Bikaji Foods International Ltd is 59.4.

What is the Book Value of Bikaji Foods International Ltd?

The Book Value of Bikaji Foods International Ltd is 53.4.

What is the Dividend Yield of Bikaji Foods International Ltd?

The Dividend Yield of Bikaji Foods International Ltd is 0.15 %.

What is the ROCE of Bikaji Foods International Ltd?

The ROCE of Bikaji Foods International Ltd is 29.6 %.

What is the ROE of Bikaji Foods International Ltd?

The ROE of Bikaji Foods International Ltd is 24.7 %.

What is the Face Value of Bikaji Foods International Ltd?

The Face Value of Bikaji Foods International Ltd is 1.00.