Bikaji Foods Announces FY 2026 Financial Results, Dividend Recommendation, and Strategic Investments
Bikaji Foods International Limited announced the outcomes of its Board Meeting held on Thursday, May 21, 2026. The Board approved the audited financial results for the quarter and financial year ended March 31, 2026, alongside several strategic investments, key personnel appointments, and a recommendation for a final dividend.Financial Results and Dividend
The Board approved the Audited Standalone and Consolidated Financial Results of the Company for the quarter and financial year ended March 31, 2026. The approval included the Statement of Assets and Liabilities as at March 31, 2026, and a Statement of Cash Flow for the financial year ended on March 31, 2026.The Company recommended a Final Dividend of ₹ 1.25 (Rupee One and Twenty-Five Paise Only) per equity share, representing 125% of the face value of ₹ 1 per equity share, for the financial year ended on March 31, 2026. This dividend is subject to the approval of the Shareholders at the ensuing 31st Annual General Meeting (AGM).
The Board also fixed Friday, July 17, 2026, as the Record Date for determining the entitlement of equity shareholders for the payment of the Final Dividend.
Consolidated Financial Performance
The audited consolidated financial results for the year ended March 31, 2026, showed the following key figures:| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| TOTAL ASSETS | 2,23,954.23 Lakhs | 1,93,407.14 Lakhs |
| TOTAL EQUITY | 1,70,740.83 Lakhs | 1,48,049.46 Lakhs |
| TOTAL LIABILITIES | 53,213.40 Lakhs | 2,23,954.23 Lakhs |
For the period, the total income reached 3,04,527.45 Lakhs, with total expenses at 2,69,616.12 Lakhs. The company recorded a profit for the year of 25,440.98 Lakhs.
Strategic Investments and Loans
The Board approved several major corporate investments and guarantees:- International Subsidiary: The Board approved the additional investment in Bikaji Foods International USA Corp, a Wholly-Owned Subsidiary, by way of an additional capital subscription up to $ 50,00,000 (US Dollar Fifty Lakh Only).
- Subsidiary Acquisition: An investment was approved in Jai Barbareek Dev Snacks Private Limited ('JBDSPL') via the acquisition of 14,800 Equity Shares, having a face value of ₹ 10 each, representing 74% of the Equity Share Capital of JBDSPL.
- Internal Investments: The Board approved the investment in Bikaji Bakes Private Limited, a Wholly-Owned Subsidiary, up to ₹ 5,00,00,000 (Rupees Five Crore Only), in the form of 50,00,000 Optionally Convertible Debentures (OCDs).
- Loan Facilities and Guarantees: Approvals were granted for:
* Issuance of a Corporate Guarantee to HDFC Bank Limited on behalf of Jai Barbareek Dev Snacks Private Limited, up to ₹ 59,00,00,000 (Rupees FiftyNine Crore Only).
* Issuance of a Corporate Guarantee to HDFC Bank Limited on behalf of Bhujialalji Private Limited, up to ₹ 5,00,00,000 (Rupees Five Crore Only).
Governance and Appointments
On the governance front, the Board approved the appointment of Mr. Deepak Agarwal (DIN: 00192890) as the Chairman of the Company, effective May 21, 2026. The Board also recommended the re-appointment of Mr. Deepak Agarwal as Chairman and Managing Director for a further term of three consecutive years, from February 01, 2027, to January 31, 2030.The Board also approved the following re-appointments of directors for the ensuing 31st AGM:
| Director Name | Role | Term Duration |
|---|---|---|
| Mrs. Shweta Agarwal (DIN: 00619052) | Whole-Time Director | 3 years (Feb 01, 2027 to Jan 31, 2030) |
| Mr. Nikhil Kishorchandra Vora (DIN: 05014606) | Non-Executive and Independent Director | 5 years (Dec 08, 2026 to Dec 07, 2031) |
| Mr. Pulkit Anilkumar Bachhawat (DIN: 07685824) | Non-Executive and Independent Director | 5 years (Dec 08, 2026 to Dec 07, 2031) |
| Mrs. Richa Manoj Goyal (DIN: 00159889) | Non-Executive and Independent Director | 5 years (Dec 08, 2026 to Dec 07, 2031) |
| Mr. Siraj Azmat Chaudhry (DIN: 00161853) | Non-Executive and Independent Director | 5 years (Aug 24, 2026 to Aug 23, 2031) |
Additionally, the Board designated three individuals as Senior Management Personnel effective May 21, 2026:
- Mr. Sameer Bhadauria, Vice President - GT Sales
- Mr. Amrit Chaudhary, Vice President - GT Sales
- Ms. Simran Dhingra, Head - Exports
Operational Updates
The meeting approved the notice convening the 31st AGM, scheduled for Thursday, August 20, 2026, at 11:30 A.M. IST via Video Conferencing/Other Audio-Visual Means.A table summarizing the audited standalone and consolidated financial statements' performance is available below:
Standalone Statement of Assets and Liabilities (In INR Lakhs)
| Particulars | March 31, 2026 (Audited) | March 31, 2025 (Audited) |
|---|---|---|
| TOTAL ASSETS | 2,04,976.16 | 1,75,271.17 |
| TOTAL EQUITY AND LIABILITIES | 2,04,976.16 | 1,75,271.17 |
Consolidated Statement of Assets and Liabilities (In INR Lakhs)
| Particulars | March 31, 2026 (Audited) | March 31, 2025 (Audited) |
|---|---|---|
| TOTAL ASSETS | 2,23,954.23 | 1,93,407.14 |
| TOTAL EQUITY AND LIABILITIES | 2,23,954.23 | 1,93,407.14 |
Qualified Borrowings Status
The Company also provided details regarding outstanding qualified borrowings for the financial year ended March 31, 2026:| Particulars | Details |
|---|---|
| Outstanding Qualified Borrowings at the start of the financial year (₹ in Crore) | 9.98 |
| Outstanding Qualified Borrowings at the end of the financial year (₹ in Crore) | Nil |
| Highest credit rating of the Company | [ICRA] AA- (Stable) |
| Incremental borrowing done during the year (qualified borrowing) (₹ in Crore) | -9.98 |
BIKAJI Stock Price Movement
Shares of Bikaji Foods International Limited today slipped by 2.07% to close at ₹664.45. The stock saw significant activity in after-hours trading, posting a total volume of 153,003 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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