Bikaji Foods International Limited

NSEI:BIKAJI Stock Report

Market Cap: ₹196.2b

Bikaji Foods International Valuation

Is BIKAJI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BIKAJI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BIKAJI (₹758.15) is trading above our estimate of fair value (₹230.12)

Significantly Below Fair Value: BIKAJI is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BIKAJI?

Key metric: As BIKAJI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BIKAJI. This is calculated by dividing BIKAJI's market cap by their current earnings.
What is BIKAJI's PE Ratio?
PE Ratio65.3x
Earnings₹2.91b
Market Cap₹196.17b

Price to Earnings Ratio vs Peers

How does BIKAJI's PE Ratio compare to its peers?

The above table shows the PE ratio for BIKAJI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average38.5x
531531 Hatsun Agro Product
77.4x30.0%₹238.8b
501425 Bombay Burmah Trading Corporation
13.3x27.6%₹161.7b
LTFOODS LT Foods
24.2x20.8%₹147.6b
531335 Zydus Wellness
39.3x15.2%₹126.6b
BIKAJI Bikaji Foods International
65.3x16.2%₹196.2b

Price-To-Earnings vs Peers: BIKAJI is expensive based on its Price-To-Earnings Ratio (65.3x) compared to the peer average (38.5x).

Price to Earnings Ratio vs Industry

How does BIKAJI's PE Ratio compare vs other companies in the IN Food Industry?

11 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ZUARIIND Zuari Industries
1.4xn/aUS$120.48m
SARVESHWAR Sarveshwar Foods
3.4xn/aUS$113.48m
539594 Mishtann Foods
2.4xn/aUS$105.93m
507315 Sakthi Sugars
4.5xn/aUS$44.76m
BIKAJI 65.3xIndustry Avg. 25.2xNo. of Companies25PE020406080100+
11 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BIKAJI is expensive based on its Price-To-Earnings Ratio (65.3x) compared to the Indian Food industry average (25.2x).

Price to Earnings Ratio vs Fair Ratio

What is BIKAJI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BIKAJI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio65.3x
Fair PE Ratio37.7x

Price-To-Earnings vs Fair Ratio: BIKAJI is expensive based on its Price-To-Earnings Ratio (65.3x) compared to the estimated Fair Price-To-Earnings Ratio (37.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BIKAJI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹758.15
₹945.43
+24.7%
3.9%₹1,000.00₹900.00n/a7
Dec ’25₹802.70
₹945.43
+17.8%
3.9%₹1,000.00₹900.00n/a7
Nov ’25₹857.00
₹945.43
+10.3%
3.9%₹1,000.00₹900.00n/a7
Oct ’25₹945.05
₹802.00
-15.1%
9.9%₹950.00₹694.00n/a7
Sep ’25₹825.10
₹780.57
-5.4%
6.7%₹885.00₹694.00n/a7
Aug ’25₹714.75
₹780.57
+9.2%
6.7%₹885.00₹694.00n/a7
Jul ’25₹717.85
₹689.14
-4.0%
12.3%₹885.00₹600.00n/a7
Jun ’25₹593.85
₹656.50
+10.5%
4.5%₹694.00₹600.00n/a6
May ’25₹532.85
₹621.75
+16.7%
2.3%₹640.00₹600.00n/a4
Apr ’25₹496.00
₹621.75
+25.4%
2.3%₹640.00₹600.00n/a4
Mar ’25₹517.90
₹621.75
+20.1%
2.3%₹640.00₹600.00n/a4
Feb ’25₹584.20
₹593.00
+1.5%
4.4%₹635.00₹565.00n/a4
Jan ’25₹546.40
₹571.75
+4.6%
2.7%₹590.00₹550.00n/a4
Dec ’24₹553.85
₹571.75
+3.2%
2.7%₹590.00₹550.00₹802.704
Nov ’24₹468.90
₹549.25
+17.1%
5.4%₹582.00₹515.00₹857.004
Oct ’24₹484.95
₹549.25
+13.3%
5.4%₹582.00₹515.00₹945.054
Sep ’24₹487.05
₹540.50
+11.0%
4.7%₹582.00₹515.00₹825.104
Aug ’24₹484.20
₹467.25
-3.5%
6.2%₹515.00₹440.00₹714.754
Jul ’24₹417.80
₹451.33
+8.0%
2.2%₹464.00₹440.00₹717.853
Jun ’24₹381.95
₹451.33
+18.2%
2.2%₹464.00₹440.00₹593.853
May ’24₹375.20
₹429.67
+14.5%
7.7%₹464.00₹385.00₹532.853
Apr ’24₹362.60
₹424.50
+17.1%
9.3%₹464.00₹385.00₹496.002

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 11:35
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bikaji Foods International Limited is covered by 10 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anand ShahAxis Capital Limited
Abhishek JainDolat Capital Market Pvt. Ltd.
Sachin BobadeDolat Capital Market Pvt. Ltd.