Bikaji Foods Company Fundamental

Company Name

Bikaji Foods International Limited

Scrip Name

Bikaji Foods

Last Traded Price

136.00

-65.13 %

No. of Outstanding Shares

247,822,000

PAN No.

AAICS1030P

Face Value

EPS

PE ratio

P/S Ratio

Market Capitalization

3,370.38 Crore

Book value

P/BV

52 Week High

52 Week Low

Lifetime High

475.00 (02/02/22)

Lifetime Low

118.00 (03/04/20)

Day High

390.00

Day Low

390.00

ISIN No.

INE00E101023

Available on

nsdlcdsl

ROFR Require

Sector

Food & Beverages

CIN

Registration Date

01/01/1970

Bikaji Foods Share Price Performance

Bikaji Foods International Limited was indeed listed on both NSE and BSE on November 16, 2022

BIKAJI FOODS INTERNATIONAL LIMITED UNLISTED SHARE

incorporated on 06 October 1995 Bikaji Foods International Limited is a Non-govt company and is registered at Registrar of Companies, Jaipur. Its authorized share capital is Rs. 25,00,00,000 and its paid-up capital is Rs. 24,31,33,060.

The Company is primarily involved in the manufacturing, purchase, and sale of snack food. Thus, offer a wide range of quality snack products, primarily bhujia, namkeen, packaged sweets, papad, and western snacks. It also sells frozen foods, gift packs, mathris, and cookies.

The Company has a strong presence in India backed by six world-class manufacturing facilities and a large distribution network. The company is also expanding Its reach abroad through exports, effective alliances with retail chains, and brand salience among the Indian diaspora, currently with a presence in over 30 countries.

INCORPORATION DETAILS

CIN	U15499RJ1995PLC010856
Registration Date	06/10/1995
Company Name	BIKAJI FOODS INTERNATIONAL LIMITED
Email Address	cs@bikaji.com
Category/Sub-category of the Company	Company limited by shares/State Non-Govt. Company
Registration Number	10856
Address of the Registered office & contact details	F 196 -199, F 178 & E 188 Bichhwal Ind. Area, Bikaner, Rajasthan 334006, India Contact no.: 0151-2250350, 2259914 Mail id: cs@bikaji.com
Company Secretary & Compliance Officer	Ms. Divya Navani
Name, Address & contact details of the Registrar & Transfer Agent, if any	Link Intime India Private Limited C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West) Mumbai, Mumbai City Maharashtra 400083

PARTICULARS OF HOLDING, SUBSIDIARY & ASSOCIATE COMPANIES

S.NO.

Name Of The Company

Category

%Of Shares Held

Bikaji Foods (London) Limited

SUBSIDIARY

90%

Petunt Food Processors Private Limited.

SUBSIDIARY

51.22%

BOARD OF DIRECTORS

S.NO.	Name of the Directors	Category
1.	Mr. Shiv Ratan Agarwal	Managing Director
2.	Mr. Deepak Agarwal	Whole Time Director
3.	Ms. Sushila Devi Agarwal	Whole Time Director
4.	Ms. Shweta Agarwal,	Whole Time Director
5.	Ms. Sangeeta Devi Jaisanseriya,	Independent Director
6.	Mr.Kedar Chand Agarwal	Independent Director
7.	Mr. Sachin Kumar Bhartiya,	Non-Executive Director
8.	Mr. Vikrant BalbirSibal	Non-Executive Director
9.	Mr. Shambhu Dayal Gupta	Chief financial officer
10.	Ms. Divya Navani,	Company Secretary

Principal Business Activities of the Company

Name & Description of main products/services	NIC Code of the Product /service	% to total turnover of the company
Manufacturing of Bhujia, Namkeen, Papad Sweets, Cookies	10796	100%

SHAREHOLDING PATTERN

(As on 30-06-2022)

S. No.	Shareholder’s Category	No. of Shares	% of total Shares of the company
1	PROMOTERS	19,45,43,900	77.97%
2	PUBLIC	5,49,65,980	22.03%
	Total	24,95,09,880	100%

INDUSTRY OUTLOOK

The Covid-19 Pandemic had minimal impact on operations. The food industry qualified as essential products, and the government allowed to restart operations in mid-May 2020.

during the year revenue grew 22% to ~₹1,310 crores in FY21. PAT grew by ~60% to ₹90.3 crores, leading to a Return on Capital Employed of 20.88% as compared to 12.79% in FY20. Focused Growth The snacking industry has been on an uptrend and is expected to maintain momentum. The demand for hygienic products, brand awareness, and ease of availability is making people move towards organized players.

Bikaji became a global name in such a short span of time. It has strong growth potential. Though a national player, The Company has been primarily concentrated in the markets of Rajasthan, Bihar, and Assam, leaving nearly four-fifth of the population waiting to be tapped.

The Company's focus markets include Uttar Pradesh, Punjab, Haryana, and Delhi in North India, Karnataka, and Telangana in South India. In these states, there are immense growth opportunities and the company had already made significant inroads, recording a sales CAGR of 33.93 % between Fiscal 2019 and Fiscal 2021.

To be a global, more accessible, and forward-thinking brand, The Company has prioritized four focus areas: strategic expansion of manufacturing capabilities across the country, strengthening of distribution network, adoption of advanced technology, and attention to branding and marketing activities.

PROFIT & LOSS STATEMENT OF BIKAJI FOODS INTERNATIONAL LIMITED ( Amount In Rs. Lakhs )

(As of 31-03-2019 to 31-03-2021)

Particular	2021	2020	2019
Income
Revenue from Operations	1,31,074.91	1,07,455.08	90,111.12
Other Income	1,146.23	835.07	963.48
Total Revenue	1,32,221.14	1,08,290.15	91,074.60
Expenses
Cost Of Materials Consumed	90,925.70	72,083.67	63,656.13
Purchase of Stock In trade	3,115.52	2,274.24	1,018.56
Changes in Inventories of finished goods	(351.70)	133.76	(241.17)
Employee Benefits Expense	6,961.92	6,461.35	6,681.55
Depreciation and amortization expense	3,311.97	3,419.52	2,230.64
Finance Costs	299.49	511.42	380.00
Other Expenses	15,947.02	17,042.17	9,750.54
Total Expenses	1,20,209.92	1,01,926.13	83,476.25
Profit before Tax	12,011.22	6,364.02	7,598.35
Tax Expenses
Current Tax	3,097.53	1,552.14	1,808.61
Deferred Tax	(119.77)	(825.14)	672.39
Tax expenses of the earlier year	-	-	16.16
(Loss) / Profit after tax for the year	9,033.46	5,637.02	5,101.19
Other Comprehensive Income
Items that will not be reclassified to profit and loss
Net Loss/Gain on equity instruments through other comprehensive income	(1,134.29)	1,324.91	(1.52)
Re-measurement (Loss) on defined benefit plans	(49.88)	(137.50)	(95.50)
Income tax benefit / Charge relating to items that will not be reclassified to profit or loss	298.05	(304.28)	33.90
Items that will be reclassified to profit and loss
Exchange difference on transaction of foreign operations	9.42	(0.47)	-
Income tax benefit / Charge relating to items that will not be reclassified to profit or loss	(2.37)	0.12	-
Total other comprehensive income/Loss for the year ( net of tax)	(879.07)	882.78	(63.12)
Total comprehensive income	8,154.39	6,519.80	5,038.07
Profit for the year attributable to
Owners of the holding Company	9.020.60	5,637.02
Non-controlling interest	12.86	0.00
Other comprehensive income for the year attributable to
Owners of Holding Company	(879.07)	882.78
Non-controlling interest	-	0.00
Total comprehensive income (net of income tax) for the year attributable to
Owners of the holding Company	8,141.53	6,519.80	5,038.07
Non-controlling interest	12.86	0.00	-
Earnings per equity share
Basic	3.71	2.32	21.09
Diluted	3.71	2.32	21.09

BALANCE SHEET OF THE BIKAJI FOODS INTERNATIONAL LIMITED (Amount In Rs. Lakhs)

(As of 31-03-2019 to 31-03-2021)

PARTICULARS	2021	2020	2019
Equity and Liabilities
Share Capital	2,431.33	2,431.33	2,431.33
Other Equity	58,134.64	50,484.78	44,554.16
Total equity attributable to shareholders of the Company	60,565.97	52,916.11	46,985.49
Non-controlling interest	183.94	0.09	-
TOTAL EQUITY	60,749.91	52,916.20	-
Non-Current Liabilities
Financial liabilities
Borrowings	1,420.56	1,690.33	3,430.82
Lease liabilities	82.72	45.98	-
Provisions	192.03	406.39	212.26
Deferred tax liabilities (net)	2,932.39	3,347.83	3,868.82
Other Non-current liabilities	125.44	-	-
Total Non-Current Liabilities	4,753.14	5,490.53	7,511.90
Current Liabilities
Financial liabilities
Borrowings	6,521.15	2,188.64	2,756.49
Lease liabilities	45.36	118.79	-
Trade Liabilities
Total outstanding dues of micro-enterprises and small enterprises	510.55	121.01	378.25
Total outstanding dues of creditors other than micro-enterprises and small enterprises	3,735.41	1,308.90	2,547.31
Other financial Liabilities	3,138.80	4,291.62	2,150.47
Other Current Liabilities	1,120.37	1,119.12	587.25
Short Term Provisions	142.11	108.52	63.94
Current tax liabilities (net)	997.14	-	-
Total current liabilities	16,210.89	9,256.60	8,483.71
Total liabilities	20,964.03	14,747.13	15,995.61
Total equity and liabilities	81,713.94	67,663.33	62,981.10
Assets
Non-Current Assets
Property, Plant, and Equipment	40,711.51	39,040.30	39,118.87
Capital Work in Progress	3,607.71	288.23	1,313.07
Investment property	370.84	520.80	282.74
Intangible assets	190.17	149.33	170.09
Right-of-use asset	985.38	968.19	-
Financial assets
Investment	6,879.74	3,650.14	299.24
Other financial assets	1,704.50	495.73	1,146.51
Other non-current assets	3,371.43	1,601.70	894.49
Income tax assets (net)	314.21	688.28	386.41
TOTAL NON-CURRENT ASSETS	58,135.49	47,402.70	43,225.01
Current Assets
Inventories	5,676.81	3,648.57	3,832.69
Financial assets
Loans	122.20	601.45	-
Trade Receivables	4,730.88	4,171.26	3,897.75
Cash and Bank Balances	175.90	440.55	1,724.22
Loans and Advances	8,564.76	8,387.12	8,608.90
Other financial Assets	1,909.61	2,031.33	527.19
Other current assets	2,398.29	980.35	778.93
TOTAL CURRENT ASSETS	23,578.45	20,260.63	19,756.09
Total Assets	81,713.94	67,663.33	62,981.10

DIVIDEND AND RETAINED EARNINGS

(As of 31-03-2019 to 31-03-2021)

Particulars

2021

2020

2019

Dividend(Interim dividend)

Rs. 2.00 per share

Retained Earnings (In Lakhs )

37,369.36

28,989.66

23,941.84

PERFORMANCE OF THE COMPANY

Revenue from Operations Increased from Rs. 1,07,455.08 Lakhs in FY 2020 to Rs. 1,31,074.91 Lakhs in FY 2021, showing an increase of 21.98% as compared to the previous financial year.

In FY 2021, Company’s Net profit stood at Rs. 8,154.39 Lakhs 25.07% higher than the Net Profit of Rs. 6,519.80 Lakhs in FY 2020.

The current Ratio of the company as of 31st March 2021 was 1.45.

The debt to Equity ratio of the company as of 31st March 2021 was 0.35. In the Financial Year 2020

The company has paid an interim dividend of Rs. 2.00 Per Share.

Bikaji Foods International Share Price

Bikaji Foods Company Fundamental

Bikaji Foods Share Price Performance

Bikaji Foods International Limited was indeed listed on both NSE and BSE on November 16, 2022

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