Bikaji Foods Q4 FY26: Revenue up 18%, PAT 40%

What Bikaji Foods reported for Q4 FY26

Bikaji Foods International Ltd announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The reported numbers show a clear year-on-year improvement in revenue and profit, supported by volume growth and wider distribution.

On a consolidated basis, total income from operations for the March 2026 quarter stood at Rs 720.88 crore, up from Rs 613.62 crore in the March 2025 quarter. Quarterly profit after tax (PAT) rose to Rs 56.41 crore in March 2026 from Rs 44.56 crore a year earlier.

The company’s release also stated that Q4 FY26 revenue from operations increased to Rs 720.9 crore and PAT rose to Rs 56.0 crore, with earnings per share (EPS) at Rs 2.25.

Consolidated quarterly performance: sales and profit

The consolidated results show net sales or income from operations of Rs 706.99 crore in Mar 2026, compared with Rs 596.91 crore in Mar 2025. Other operating income was Rs 13.89 crore, taking total income from operations to Rs 720.88 crore.

Net profit for the quarter came in at Rs 56.41 crore. The data also includes profitability metrics such as PBDT and PBT for the quarter, indicating improved operating performance compared with the year-ago period.

Separately, the text indicates quarterly net profit rose 26.59% year-on-year to Rs 56.41 crore from Rs 44.56 crore.

Key quarterly numbers table (consolidated)

Standalone snapshot: March 2026 quarter

Alongside consolidated reporting, the company also published standalone quarterly numbers. Standalone net sales were reported at Rs 667.31 crore in March 2026, up 13.9% from Rs 585.88 crore in March 2025.

The release notes that the results were audited and shared as standalone and consolidated financial statements for the period ended March 31, 2026.

FY26 performance: revenue and profit growth

For the full financial year, the consolidated data in the text shows sales of Rs 2,934.74 crore in FY26, up from Rs 2,548.35 crore in FY25. Annual net profit (NP) is listed at Rs 258.26 crore for FY26 versus Rs 200.74 crore in FY25.

The company’s FY26 financial performance summary also states revenue from operations of Rs 2,993.9 crore, EBITDA of Rs 410.6 crore with an EBITDA margin of 13.7%, and PAT of Rs 254.4 crore. It reported FY26 EPS at Rs 10.31 and volume growth of 9.5% year-on-year.

Profitability and margins: what the data shows

For Q4 FY26, the company stated EBITDA of Rs 87.7 crore with an EBITDA margin of 12.2%. It also reported gross margin at 35.6% and volume growth of 16.1% year-on-year for the quarter.

For FY26, the company reported EBITDA margin at 13.7%. In the consolidated table excerpt, OPM for the year is shown at 13.99% in FY26 versus 12.88% in FY25.

The Q3 FY26 update in the text pointed to a margin improvement supported by favourable raw material prices versus the base quarter, with EBITDA margin at 12.5%.

Earlier quarters: Q2 and Q3 FY26 context

The text also highlights that in Q2 FY26 (quarter-ended September), the company reported total income of Rs 842.61 crore versus Rs 662.66 crore in Q1 FY26, a quarter-on-quarter increase of 27.2%. Compared with Q2 FY25 total income of Rs 729.11 crore, this was a year-on-year increase of 15.6%.

For Q3 FY26 (quarter ended December 31, 2025), the company stated revenue from operations of Rs 790.0 crore (up 10.7% year-on-year), EBITDA of Rs 98.4 crore, and PAT of Rs 62.2 crore, with basic EPS at Rs 2.48.

For 9M FY26, it reported revenue from operations of Rs 2,273.0 crore, EBITDA of Rs 322.8 crore, and PAT of Rs 198.4 crore.

Business mix signals mentioned by the company

In the Q3 FY26 segment review, Bikaji Foods said ethnic snacks revenue grew 13.3% year-on-year and constituted about 67.4% of overall revenue. Packaged sweets revenue declined 17.1% year-on-year and contributed about 12.3%, which the company linked to a shift in seasonality.

It also reported growth in western snacks (up 22.6% year-on-year) and papad (up 14.6% year-on-year). Export markets were stated to have grown 39.1% year-on-year in that quarter.

The company also highlighted traction in alternate channels and distribution expansion as drivers in its Q4 FY26 commentary.

Stock price and immediate market context

Bikaji Foods shares closed at Rs 664.45 on May 20, 2026 on the NSE, according to the provided text. The quarterly update comes at a time when investors are closely tracking consumption trends, volume-led growth, and margin movements across packaged food companies.

While the provided data does not include the day’s percentage price move, the close offers a reference point for how the market was valuing the company around the time of the results.

Why these results matter

The Q4 and FY26 numbers underline the company’s ability to grow revenue while also reporting higher profit year-on-year. The margin disclosures, including gross margin and EBITDA margin, help investors gauge the balance between pricing, raw material costs, and operating leverage.

The text also notes that the company has delivered profit growth of 28.8% CAGR over the last five years, providing longer-term context alongside quarterly fluctuations.

Conclusion

Bikaji Foods’ audited Q4 FY26 results show higher consolidated operating income of Rs 720.88 crore and quarterly net profit of Rs 56.41 crore, alongside reported volume growth and margin metrics. The next set of updates to watch will be subsequent quarterly disclosures that indicate whether volume growth, gross margin, and EBITDA margins remain at similar levels.