Bikaji Share Price Target 2023, Bikaji Share Price Target 2024, Bikaji Share Price Target 2025
Choosing a share price target for a stock depends on several factors, including the company’s future prospects, the P/E valuation, and the operating margins. This article will help you to make an informed decision.
Bikaji Foods International Limited is an Indian company that is engaged in the manufacture and sale of snacks, sweets, and other food products. The company’s products are sold under the Bikaji brand name and are distributed through a network of dealers and distributors in India and other countries.
If you are interested in purchasing shares of Bikaji Foods International Limited, you can do so through a brokerage account. To purchase shares, you will need to open a brokerage account and transfer funds into it. Once you have funds available in your brokerage account, you can place an order to buy shares of Bikaji Foods International Limited. The price of the shares will depend on a variety of factors, including the company’s financial performance and market conditions.
It is important to carefully research any company before investing in its shares and to be aware of the risks associated with investing in the stock market. You may also want to consult with a financial advisor or conduct your own due diligence before making any investment decisions.
Operating margins
Listed on the BSE, Bikaji Foods International is a company that specializes in sweets and snacks. Its products include namkeens, bhujia, and various confectionery products. The company’s products have a strong brand recall. The company also has an international presence in the confectionery and snack market. Its products include namkeens, papads, cookies, cakes and snack packs. The company’s products are available in 23 states and four federal territories in the U.S. The company has four manufacturing facilities.
Bikaji Share Price Target 2023
| Month | expected target |
| January | 375RS |
| February | 457RS |
| March | 470RS |
| April | 566RS |
| May | 543RS |
| June | 552RS |
| July | 564RS |
| August | 588RS |
| September | 652RS |
| October | 676RS |
| November | 717RS |
| December | 776RS |
The company was founded in 1995. Its current annual production capacity is about 9,000 tonnes. In the last fiscal year, it grew its sales by 22%. The company’s revenue per unit of expenses increased by 25 percent, which contributed to an increase in the company’s operating margins.
Bikaji Foods International Limited is one of the largest manufacturers of handmade papads and Bikaneri bhujia. It was the second largest manufacturer of handmade papads in the country in the fiscal year. In terms of sales, it is the third largest ethnic snacks company in India. It is ranked below Nestle and Britannia.
The company’s namkeen is the highest selling category, and accounts for about 35 percent of the company’s sales. Its other products include cookies and frozen food. It also has a strong presence in the eastern Indian market. Its namkeen has a strong brand recall.
Bikaji Share Price Target 2024
| Month | expected target |
| January | 375RS |
| February | 457RS |
| March | 470RS |
| April | 566RS |
| May | 543RS |
| June | 552RS |
| July | 564RS |
| August | 588RS |
| September | 652RS |
| October | 676RS |
| November | 717RS |
| December | 776RS |
The company plans to raise Rs881 crore through a public offer. The price band for the IPO is Rs285-Rs300 a share. The shares are available at a post-issue PE ratio of 119 times annualized EPS for the fiscal year ending February 23. The company is expected to generate healthy cash flow and has good runway for growth.
The company is expected to see growth in its revenues over the next few years. The company is aiming for a 20 percent revenue CAGR over the next three to four years. This is largely due to changes in consumer preferences. The company also expects to maintain healthy profitability.
The company’s stock price is expected to grow by at least ten percent over the next two years. The shares are priced aggressively at a post-issue PE ratio of 119 times annualized EPS for the fiscal year ending February 23. The company’s stock is expected to trade at a premium to the grey market.
Several external analysts have given the company a neutral rating. A few of these analysts have suggested that the company’s long-term prospects are still positive. Some of them have suggested that the company’s operating margins will drop below 25 per cent. JP Morgan, a global investment bank, has suggested that the company’s earnings will grow in single digits over the next three years.
The company’s management is also optimistic about the future of the company. The company has developed an online retail platform. It has also expanded into the western snack segment. The company expects to gain share in the snack segment. The company has a strong brand recall and has four manufacturing facilities.
P/E valuation
Listed on the NSE and BSE, Bikaji Foods International Limited is a major player in the snacks business. Its products include bhujia, cookies, western snacks and frozen food. It operates in 22 states and three union territories. Its annual production capacity is about 9,000 tonnes. In terms of revenues, the company’s largest product is its Bikaneri bhujia. Its revenue for the financial year ended June 30, 2018, rose to Rs 1,610 crore. In addition to the bikaji bhujia, the company’s product line also includes mathri, cookies, gift packs, and frozen food. Its products are available in more than 35 countries, including the US, Europe, Japan, South Korea, China, Thailand, and the Philippines.
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The company has a good financial track record. For the financial year ended June 30, 2018, the company reported a profit of Rs 76 crore. The company’s revenue was up 22% over the same period. Bikaji Foods International is estimated to be worth about $1 billion.
The company’s products are sold across six categories, including bhujia, cookies, gift packs, frozen food, and western snacks. The company has expanded its operations across India, with a production facility in Rajasthan. The company also has operations in Bihar and Assam. It also exported products to 35 international countries. As of June 30, 2018, the company had a market share of 3.2 percent in the Indian snacks industry.
Bikaji Share Price Target 2025
| Month | expected target |
| January | 375RS |
| February | 457RS |
| March | 470RS |
| April | 566RS |
| May | 543RS |
| June | 552RS |
| July | 564RS |
| August | 588RS |
| September | 652RS |
| October | 676RS |
| November | 717RS |
| December | 776RS |
The company has received funding from private equity firms, including Lighthouse Funds. In 2012, Lighthouse Funds acquired a 12% stake in the company. In 2019, Lighthouse Funds reduced its stake to 1%, which enabled IIFL Asset Management Company to invest in the company. In addition to the 12% stake, the company has received an investment of more than Rs 100 crore from Lighthouse Funds, according to people privy to the development. The company has also proposed expansion plans for its manufacturing facility, which may involve cost overruns and delays in implementation.
The company has also enlisted the services of JM Financial as its bankers. The company has been able to generate strong revenue growth for the past three months, although analysts expect better performance in the second half of the fiscal year.
Although the company is not particularly unique, it is one of the largest and most successful FMCG brands in India. In addition to its core snack business, it also has a good portfolio of health and wellness products. For example, the company offers a range of protein-rich products. It also has a strong portfolio of health food supplements, including ginseng, goji berries, and blueberries.
Its biggest competitor, Britannia, is a bit bigger, but has a larger market share. The company’s products are sold in 21 states and the company has a robust product line. The company has also established market leadership in the ethnic snacks market in Rajasthan and Bihar. It has also become the largest manufacturer of Bikaneri bhujia.
Future prospects
Known for its gulab jamun and soan papdi, Bikaji Foods International Ltd is a leading manufacturer of sweets and snacks in India. The company sells its products across the country through retail outlets, online retail platforms, and retailers. It also sells its products internationally. Its range includes cookies, namkeens, cookies, gulab jamun, and other savoury snacks. In addition to these, the company has a portfolio of gift packs. It is a fast-growing company that is poised for future growth.
The company has four manufacturing facilities. It has a total manufacturing capacity of 400 TPD. It has a strong presence in the North Indian markets. It has also consolidated its presence in the Eastern Indian markets. It has a product portfolio that spans more than 300 products under the Bikaji brand.
The company has a strong brand recall and its stock commands a premium of around Rs 52 in the grey market. It has an annual production capacity of 24,000 tonnes of packaged rasgulla, 11,040 tonnes of gulab jamun, and 12,040 tonnes of Bikaneri bhujia. The company also sells Indian snacks overseas. The company claims to be the second largest maker of handmade papad in the country, and its product line is growing.
Bikaji Share Price Target 2023, Bikaji Share Price Target 2024, Bikaji Share Price Target 2025
The company plans to expand its distribution network to increase sales in focus markets. It currently has a network of 416 direct distributors and 1,956 indirect distributors. It intends to grow its sales in focus markets by leveraging modern trade channels to improve supply chain efficiencies, increase brand visibility, and strengthen its negotiating position.
The company’s annual PAT has improved over the last two years, albeit from a low base. It has also invested in strengthening its business. It has increased its branding and marketing expenses. It has also availed benefits under the Duty Free Import Authorization scheme. This has led to increased margin pressure on the bottom line.
The company’s products are available in major Indian markets and internationally. It is also the largest manufacturer of Bikaneri bhujia and has an annual capacity of over 24,000 tonnes. It is also the third largest ethnic snacks manufacturer in India. It has a market share of 6% in the Rs 5,800 crore organised sweets segment. It also has a market share of 5.7% in the Rs 2,600 crore organised papad market. The company is also planning to introduce products catering to the kid’s segment.
Bikaji Share Price Target 2023, Bikaji Share Price Target 2024, Bikaji Share Price Target 2025
The company is currently undergoing litigations related to non-compliance with regulatory filings. It also faces criminal proceedings. In addition to these, the company is also facing allegations of non-compliance with statutory and civil authorities. The company has also had instances of non-payment of taxes and duties.
In 2019, the company secured a 1% stake from Axis Securities and a 1% stake from Avendus Asset Management. In addition, the company received an investment of around Rs 250 crore from IIFL Special Opportunities Fund. Currently, the company’s total shareholders include two promoters. It also has private equity investors.
Bikaji Share Price Target 2023, Bikaji Share Price Target 2024, Bikaji Share Price Target 2025
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