{"id":148868,"date":"2023-06-27T09:40:55","date_gmt":"2023-06-27T13:40:55","guid":{"rendered":"https:\/\/44.250.171.167\/?p=148868"},"modified":"2023-06-27T09:40:57","modified_gmt":"2023-06-27T13:40:57","slug":"bikaji-foods-a-hidden-market-leader","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/bikaji-foods-a-hidden-market-leader\/","title":{"rendered":"Bikaji Foods: A Hidden Market Leader?"},"content":{"rendered":"\n

\u201cSo, Bikaji, in terms of market leadership, we enjoy the third largest position in ethnic snacks space in the country. We are the largest manufacturer of Bikaneri Bhujiya, producing about 36,000 tons annually. We are the second largest manufacturer of handmade papads in the country. In terms of our distribution and capacity, we as a company, have a reach of 9.5 lakh outlets across the country. We have exports covering around 25 countries around the globe. We now have the manufacturing capacity, installed capacity of almost 270,000 metric tons, and this is across the country in various locations. In terms of our organization and its performance, so our five year revenue CAGR, value CAGR is 21.6% and volume is 13%\u201d<\/em><\/p>– Mr. Manoj Verma, COO in Q4FY23 Concall<\/em><\/cite><\/blockquote>\n\n\n\n

Stock Data<\/strong><\/td><\/tr>
Ticker<\/strong><\/td>BIKAJI<\/strong><\/td><\/tr>
Exchange<\/strong><\/td>NSE<\/strong><\/td><\/tr>
Industry<\/strong><\/td>FMCG<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
Price Performance<\/strong><\/td><\/tr>
Last 5 Days<\/strong><\/td>+2.39%<\/strong><\/td><\/tr>
YTD<\/strong><\/td>+1.59%<\/strong><\/td><\/tr>
Last 12 Months<\/strong><\/td>+34.82%<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

*As of 27.06.2023<\/p>\n\n\n\n

Company Description:<\/strong><\/h2>\n\n\n\n

Bikaji Foods International Ltd is an Indian food processing company that specializes in the production and distribution of traditional Indian snacks and sweets. Established in 1987 by Shivratan Agarwal, the company has experienced significant growth and has become a prominent player in the Indian food industry.<\/p>\n\n\n\n

Bikaji Foods offers a wide range of products catering to various consumer preferences. Its product portfolio includes traditional Indian snacks such as bhujia, papad, sev, and namkeens. The company also offers a variety of sweets like rasgulla, gulab jamun, rajbhog, and soan papdi. In recent years, Bikaji Foods has diversified its offerings by introducing ready-to-eat meals, beverages, and confectionery items. The company focuses on maintaining the authentic taste and quality of its products while adapting to changing consumer demands.<\/p>\n\n\n\n


Financial Performance:<\/strong><\/h2>\n\n\n\n

Bikaji Foods International Ltd has shown consistent growth in its financial performance. The company’s revenue has witnessed a steady increase over the years, driven by a combination of domestic and international sales.<\/p>\n\n\n\n