Bikaji Foods International Limited (NSE:BIKAJI) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

Bikaji Foods International Limited (NSE:BIKAJI) shareholders are probably feeling a little disappointed, since its shares fell 4.0% to ₹559 in the week after its latest quarterly results. Bikaji Foods International reported in line with analyst predictions, delivering revenues of ₹6.2b and statutory earnings per share of ₹5.14, suggesting the business is executing well and in line with its plan. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

Check out our latest analysis for Bikaji Foods International

After the latest results, the four analysts covering Bikaji Foods International are now predicting revenues of ₹26.9b in 2025. If met, this would reflect a substantial 23% improvement in revenue compared to the last 12 months. Per-share earnings are expected to jump 42% to ₹10.15. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹26.8b and earnings per share (EPS) of ₹10.15 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

The analysts reconfirmed their price target of ₹622, showing that the business is executing well and in line with expectations. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Bikaji Foods International analyst has a price target of ₹640 per share, while the most pessimistic values it at ₹600. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 18% growth on an annualised basis. That is in line with its 17% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 10% annually. So although Bikaji Foods International is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn't be too quick to come to a conclusion on Bikaji Foods International. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Bikaji Foods International going out to 2026, and you can see them free on our platform here..

You can also view our analysis of Bikaji Foods International's balance sheet, and whether we think Bikaji Foods International is carrying too much debt, for free on our platform here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.