Bikaji Foods reports 14.4% annual revenue growth and allocates $5m for US expansion following record profits.
Bikaji Foods International will acquire a 74% stake in Chhattisgarh-based Jai Barbareek Dev Snacks and invest $5m in its US subsidiary to expand manufacturing. The moves follow a 39.8% jump in Q4 profit after tax to Rs560m and 18% revenue growth to Rs7.20bn.
For fiscal 2026, full-year revenue rose 14.4% to Rs29.93bn, EBITDA increased 25.1% to Rs4.10bn, and margins improved 120 basis points to 13.7%. Volume growth reached 9.5% annually, up from prior periods.
The US subsidiary, incorporated in 2023, reported turnover of $2.62m in FY26, up from $1.77m in FY25. The Indian acquisition targets Rs198.1m ($2m) in FY25 revenue to strengthen regional market presence.