Bikaji Foods International Ltd witnessed a sharp decline of over 11% in its share price today, trading at ₹650.70 after closing at ₹733.75 in the previous session. The dip came after the company reported its Q3 FY25 financial results, which failed to meet market expectations.
Key Financial Highlights for Q3 FY25:
- Net Profit: ₹21.5 crore, down 27% YoY from ₹29.5 crore in Q3 FY24
- Revenue from Operations: ₹546 crore, up 11.5% YoY compared to ₹490 crore
- EBITDA: ₹50 crore, down 15% YoY from ₹59 crore
- EBITDA Margin: 9.2%, compared to 12% YoY
- Raw material costs: Increased significantly, impacting profitability
Operational Performance:
The company reported a moderate increase in sales, driven by its core snacks segment, but the sharp rise in input costs such as packaging materials and raw ingredients compressed margins.
Stock Performance Details:
- Current share price: ₹650.70, down 11.32%
- Previous close: ₹733.75
- Day range: ₹649.00 – ₹687.85
- Year range: ₹476.10 – ₹1,007.95
- Market capitalization: ₹165.44 billion
Management Outlook:
The company acknowledged that higher input costs and inflationary pressures had a temporary impact on profitability. Management remains optimistic about recovery in Q4 with efforts to optimize costs and improved product mix.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
