Bikaji Foods International Limited
BIKAJI.BO
Bombay Stock Exchange643.25
INR
-0.50
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Bikaji Foods International Limited
BIKAJI.BO
(Bombay Stock Exchange)
Recent
price
643.25
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Bikaji Foods International Limited manufactures and markets ethnic Indian snacks and savouries under the Bikaji brand. The company offers a wide range of products including bhujia; namkeen; packaged sweets; papad; western snacks; and other snacks such as gift packs, frozen foods, mathri, cookies, potato chips, and rusks. Bikaji Foods International sells more than 300 products through distributors, modern retail, brick-and-mortar stores, convenience stores, online channels, and direct-to-consumer outlets, targeting consumers across urban, semi-urban, and rural markets in India as well as international customers. Founded in 1986 and headquartered in Bikaner, Rajasthan, India, the company operates six manufacturing facilities, with four in Bikaner, one in Guwahati, Assam, one in Tumakuru, Karnataka via subsidiary Petunt Food Processors Private Limited, and a contract manufacturing unit in Kolkata; it also maintains a facility in Mumbai for restaurant sales. Bikaji Foods International exports to North America, Europe, the Asia Pacific, the Middle East, Africa, and the United Kingdom. The company, formerly known as Shivdeep Industries Ltd., positions itself as one of India's largest branded snack producers, emphasizing authentic Bikaneri taste through state-of-the-art production. In recent developments, Bikaji Foods International completed the acquisition of a majority stake in Petunt Food Processors Private Limited in November 2025, making it a wholly-owned subsidiary to strengthen southern India operations, alongside approving a Rs 4 crore loan to the entity and a Rs 25 million loan to Dadiji Snacks. The company invested $500,000 in its wholly-owned US subsidiary Bikaji Foods International USA Corp in November 2025, followed by an additional $250,000 in December 2025 to enhance distribution and market presence in the United States, where the subsidiary trades similar snack products and reported growing turnover. In July 2025, it formed a joint venture with Chaudhary Group to expand in Nepal. Earlier, in September 2024, Bikaji incorporated a new subsidiary, Bikaji Foods Retail Limited, for food retail, catering, cafes, and quick-service restaurants to diversify into food services. The company pursues double-digit growth via premiumization, product innovation including new namkeen and frozen snack lines, export acceleration to GCC, UK, and North America, rural penetration, and capacity enhancements.