Bikaji Foods

B+Hold / Watchlist

BIKAJI · NSE · Mid Cap · FMCG Supplier

FMCG Supplier

Fetching live…

₹720

1D 0.3%1M 1.5%1Y 8%

Fundamental (RQ-100)

Technical (TQ-100)

Valuation

Market cap

₹18.0K Cr

Live decision ratingB+Hold

Fundamental score breakdown

73/100

Growth Quality

15.4 / 20

Rev 1Y 18.0%, 3Y CAGR 22.0%, 5Y CAGR 18.0%

Margin & Profitability

8.3 / 15

EBITDA 14.0%, PAT 8.0%

Return on Capital

16.0 / 20

ROCE 22.0%, ROE 18.0%

Cash Flow Quality

7.0 / 15

OCF/EBITDA 0.70

Leverage

10.0 / 10

ND/EBITDA -0.30

Reinvestment

7.0 / 8

Capex/Sales 4.0%

Accounting

5.0 / 7

Governance

4.0 / 5

Technical score breakdown

47/100

Trend Structure

8.0 / 20

↓ 200 · ↓ 50 · ↓ 20

Momentum

8.0 / 15

1Y 8.0%, 1M 1.5%

Volume Dynamics

8.0 / 15

Vol30 —%

Relative Strength

8.0 / 15

1Y 8.0%

MA Cluster

5.0 / 10

Extension

5.0 / 10

—% from 50DMA

Volatility

4.0 / 8

Price Action

1.0 / 7

-100.0% from 52W H

Business

What this company actually does

Ethnic snacks (bhujia, namkeen). Direct q-comm beneficiary.

Stores

—

Dark stores

—

Cities

—

Listed status

Listed

Format exposure

How direct is this play?

Primary formatFMCG Supplier

Exposure typeDominant

Revenue visibilityMedium

Operating leverage stageScaling

Policy beneficiaryNone

Data confidenceMedium

Financial snapshot

Live · green dot = live, falls back to curated

Revenue

₹2.7K Cr

Rev 1Y growth

18%

Rev 3Y CAGR

22%

EBITDA margin

14.0%

PAT margin

8.0%

ROE

18%

ROCE

22%

OCF/EBITDA

0.70

Net Debt/EBITDA

-0.3

Financial statements

Multi-year P&L, balance sheet, cash flow — scraped live from Screener.in

Fetching from Screener.in…

Loading…

Valuation

Live multiples + retail-specific (curated)

P/E

Forward P/E

EV/EBITDA

EV/Sales

6.0

P/B

12.0

FCF Yield

1.2%

Mid-range valuation. Watch incremental ROCE.

Investment thesis

AI-generated · always cite sources before acting

Bull

Best-in-class 22% ROCE with 0.70 OCF conversion. Compounding revenue at 22% CAGR. Long-runway TAM with structural tailwinds.

Base

Earnings growth of ~24% over the next 3 years assuming margins hold. Multiple compression risk if growth slows; multiple expansion possible if FMCG Supplier GMV outperforms.

Bear

Format-level risk: regulation, gig-cess, or competitive pressure compress contribution margin.

Variant perception

Consensus views Bikaji Foods as a decent operator. Our differentiated take: the current multiple already prices in mid-cycle outcomes.

Key monitorables

Quarterly EBITDA margin trajectory
Revenue growth vs management guidance
Capex vs store/dark-store adds
Promoter holding and ESOP dilution

Peers

Same primary format · sorted by market cap