Bikaji Foods International Limited has informed the Exchange regarding Board meeting held on May 15, 2025.
BIKAJI · price
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Bikaji Foods' Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025 with an unmodified (clean) opinion from joint statutory auditors Ashok Shiv Gupta & Co. and MSKA & Associates. On a standalone basis, FY25 revenue from operations rose to ₹2,53,686 lakhs (FY24: ₹2,29,471 lakhs), but profit after tax fell to ₹21,242 lakhs (FY24: ₹26,973 lakhs) and basic EPS dropped to ₹8.48 from ₹10.76. The Board recommended a final dividend of ₹1.00 per equity share (100% of face value) with a record date of August 29, 2025, and fixed the 30th AGM for September 16, 2025 via video conferencing. It also approved further investment of up to ₹15 crore in wholly owned subsidiary Bikaji Foods Retail Ltd, ₹20 crore via optionally convertible debentures in Jai Barbareek Dev Snacks Pvt Ltd, and the divestment of its 51% stake in Bikaji Mega Food Park Pvt Ltd, which will cease to be a subsidiary. Additionally, the Registrar and Share Transfer Agent was changed from MUFG Intime India (formerly Link Intime) to Beetal Financial and Computer Services, and re-appointment of a non-executive director and joint secretarial auditors were recommended.
Mixed read for shareholders – top-line growth was healthy, but the ~21% YoY decline in standalone PAT and EPS may weigh on near-term sentiment, even as the 100% final dividend and continued capacity/subsidiary investments signal confidence. The divestment of Mega Food Park simplifies the group structure, while the change of RTA is a routine administrative update.