Financials Bikaji Foods International Limited

Equities

BIKAJI

INE00E101023

Food Processing

End-of-day quote NSE India S.E. 23:00:00 08/05/2024 BST 5-day change 1st Jan Change
511.4 INR -2.15% Intraday chart for Bikaji Foods International Limited -3.81% -6.36%

Valuation

Fiscal Period: March 2023 2024 2025 2026
Capitalization 1 90,472 131,638 - -
Enterprise Value (EV) 1 90,472 129,666 127,902 126,229
P/E ratio 70.5 x 56.2 x 50.8 x 41.9 x
Yield 0.21% 0.28% 0.43% 0.61%
Capitalization / Revenue 4.6 x 5.66 x 4.9 x 4.2 x
EV / Revenue 4.6 x 5.58 x 4.77 x 4.03 x
EV / EBITDA 42.4 x 34.6 x 31.9 x 27.1 x
EV / FCF 101 x 61.8 x 59.1 x 48.3 x
FCF Yield 0.99% 1.62% 1.69% 2.07%
Price to Book 9.49 x 11.3 x 9.58 x 8.11 x
Nbr of stocks (in thousands) 249,510 250,382 - -
Reference price 2 362.6 525.8 525.8 525.8
Announcement Date 23/05/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2022 2023 2024 2025 2026
Net sales 1 - 19,661 23,241 26,841 31,346
EBITDA 1 - 2,136 3,745 4,011 4,666
EBIT 1 - 1,665 3,110 3,471 4,147
Operating Margin - 8.47% 13.38% 12.93% 13.23%
Earnings before Tax (EBT) 1 - 1,706 3,229 3,681 4,450
Net income 1 779.5 1,285 2,485 2,703 3,247
Net margin - 6.54% 10.69% 10.07% 10.36%
EPS 2 3.150 5.140 9.360 10.34 12.54
Free Cash Flow 1 - 896.7 2,096 2,163 2,612
FCF margin - 4.56% 9.02% 8.06% 8.33%
FCF Conversion (EBITDA) - 41.98% 55.99% 53.93% 55.98%
FCF Conversion (Net income) - 69.76% 84.37% 80.02% 80.46%
Dividend per Share 2 - 0.7500 1.450 2.250 3.225
Announcement Date 03/09/22 23/05/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - 4,623 4,821 6,078 6,235 5,896
EBITDA 1 - 618.4 657.8 821 805 1,609
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) - - - - - -
Net income 330.6 377.1 - 531.7 500 1,108
Net margin - 8.16% - 8.75% 8.02% 18.79%
EPS 1.320 - - - - -
Dividend per Share - - - - - -
Announcement Date 25/01/23 23/05/23 01/08/23 - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2022 2023 2024 2025 2026
Net Debt 1 - - - - -
Net Cash position 1 - - 1,972 3,736 5,409
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow 1 - 897 2,097 2,163 2,612
ROE (net income / shareholders' equity) - 14.5% 23.2% 21.2% 22.1%
ROA (Net income/ Total Assets) - - - - -
Assets 1 - - - - -
Book Value Per Share 2 - 38.20 46.50 54.90 64.90
Cash Flow per Share - - - - -
Capex 1 - 865 879 689 755
Capex / Sales - 4.4% 3.78% 2.57% 2.41%
Announcement Date 03/09/22 23/05/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
525.8 INR
Average target price
627.4 INR
Spread / Average Target
+19.33%
Consensus

Quarterly revenue - Rate of surprise

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