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Fundamentals for Bikaji Foods International Limited
Business Operations:
Sector: Consumer DefensiveIndustry: Packaged Foods
Bikaji Foods International Limited, together with its subsidiaries, manufactures, purchases, and sells snack food products in India and internationally. It offers bhujia, namkeen, sweets, papad, pellets, chips, and other snacks, as well as frozen foods, gift packs, maida, mathris, and cookies under the Bikaji brand. The company sells its products through distributors, modern retail markets, brick-and-mortar stores, convenience stores, online channels, and direct-to-consumers. It exports its products to North America, Europe, the Asia Pacific, the Middle East, Africa, and the United Kingdom regions. The company was formerly known as Shivdeep Industries Ltd. Bikaji Foods International Limited was founded in 1986 and is headquartered in Bikaner, India.
Revenue projections:
BIKAJI's projected revenue decline from last year is likely to make investors cautious. Lower revenues often hurt a company's bottom line, leading investors to be concerned about the company's ability to maintain profitability and deliver strong financial results in the future.
Financial Ratios:
| currentRatio | 2.467000 |
|---|---|
| forwardPE | 43.331074 |
| debtToEquity | 17.531000 |
| earningsGrowth | 0.258000 |
| revenueGrowth | 0.175000 |
| grossMargins | 0.350500 |
| operatingMargins | 0.088000 |
| trailingEps | 10.310000 |
| forwardEps | 14.770000 |
Bikaji Foods International Limited's current ratio of 2.467 reflects its strong liquidity position. The company has enough cash reserves and current assets to service its short-term debt obligations, signaling that Bikaji Foods International Limited is financially well-prepared to meet its liabilities without difficulty.
BIKAJI's low Debt-to-Equity ratio means the company is not highly leveraged. This suggests a sound financial position with minimal reliance on debt, reducing risk and ensuring greater financial flexibility, making it a more stable option for investors.
BIKAJI's positive earnings and revenue growth suggest that the company is expected to expand its business. This reflects a healthy financial outlook, as BIKAJI's increasing profits and sales signal further growth in the near future.
With BIKAJI's forward EPS higher than its trailing EPS, the company is expected to be more profitable in the current financial year. This signals confidence in BIKAJI's growth potential, as improved earnings are forecasted compared to the prior year's performance.
Price projections:
BIKAJI's current price does not reveal any distinct risks or opportunities compared to its projections. This neutral assessment suggests stability, where investors might choose to retain their current positions until future developments warrant a reassessment.
Recommendation changes over time:
Analysts have been favoring BIKAJI with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning BIKAJI as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.
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