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:
Revenue projections for BIKAJI BIKAJI is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.
Financial Ratios:
currentRatio
2.600000
forwardPE
52.522453
debtToEquity
15.598000
earningsGrowth
-0.616000
revenueGrowth
-0.001000
grossMargins
0.323150
operatingMargins
0.081140
trailingEps
8.050000
forwardEps
14.000000
BIKAJI's current ratio being 2.6 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that BIKAJI can meet its financial obligations with ease. BIKAJI's forward PE being elevated could limit price appreciation and heighten the risk of a correction. Investors need to carefully assess this parameter in combination with other fundamentals to determine whether the stock is overvalued. BIKAJI's low Debt-to-Equity ratio signals the company is not over-leveraged, meaning it has a conservative approach to debt. This reduces financial risk and indicates a stable financial foundation, providing flexibility and security, which can appeal to investors seeking lower-risk investments. Bikaji Foods International Limited's low earnings and revenue growth point to a potential decline in profits. This signals a downturn in financial performance, suggesting that the company might face challenges in maintaining its current level of profitability. BIKAJI's negative gross and operating margins indicate that the company is unable to generate profit from its core business activities. This suggests financial strain and could be a sign of deeper cost management issues. BIKAJI's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that BIKAJI's financial performance will improve in the current financial year.
Price projections:
Price projections for BIKAJI Price projections for BIKAJI have gradually risen over time, signaling increased optimism about the company's future prospects. This steady upward revision reflects growing confidence in BIKAJI's market potential.
Recommendation changes over time:
Recommendations trend for BIKAJI
Analysts have shown a buy bias for BIKAJI, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to BIKAJI, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.
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