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Bikaji Foods International Ltd
NSE:BIKAJI

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Bikaji Foods International Ltd
NSE:BIKAJI
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Price: 676.65 INR -2.06% Market Closed
Market Cap: ₹169.7B

EV/IC

9.8
Current
10%
Cheaper
vs 3-y average of 11

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
9.8
=
Enterprise Value
₹152.9B
/
Invested Capital
₹16.9B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
9.8
=
Enterprise Value
₹152.9B
/
Invested Capital
₹16.9B

Valuation Scenarios

Bikaji Foods International Ltd is trading below its 3-year average

If EV/IC returns to its 3-Year Average (11), the stock would be worth ₹755.78 (12% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-77%
Maximum Upside
+12%
Average Downside
33%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 9.8 ₹676.65
0%
3-Year Average 11 ₹755.78
+12%
5-Year Average 10.9 ₹749.8
+11%
Industry Average 2.3 ₹154.89
-77%
Country Average 2.3 ₹155.89
-77%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close

Market Distribution

Higher than 90% of companies in India
Percentile
90th
Based on 2 828 companies
90th percentile
9.8
Low
0 — 1.3
Typical Range
1.3 — 4.2
High
4.2 —
Distribution Statistics
India
Min 0
30th Percentile 1.3
Median 2.3
70th Percentile 4.2
Max 4 185.7

Bikaji Foods International Ltd
Glance View

Market Cap
169.7B INR
Industry
Food Products

Bikaji Foods International Ltd. is a fascinating story of culinary tradition meeting entrepreneurial prowess. Originating from the heart of India's desert state, Rajasthan, the company embodies the rich tapestry of Indian snacks and sweets. Founded in 1987 by Shiv Ratan Agarwal, who hails from the family that established the iconic Haldiram brand, Bikaji has carved out a niche in the ethnic food sector. The company capitalizes on a deep respect for heritage recipes while infusing innovation into its production processes. Operating out of Bikaner, the heartland of its unique flavors, Bikaji leverages state-of-the-art manufacturing facilities to maintain the authenticity of tastes that have been passed down through generations. Bikaji Foods makes money by producing and distributing a wide array of packaged snacks and sweets that cater to both traditional and modern palates. Its product portfolio spans a variety of bhujias, namkeens, papads, sweets, and other ready-to-eat offerings, designed to appeal to the diaspora's nostalgia as well as local cravings. Furthermore, the company’s presence is not limited to domestic markets; it strategically exports to various international regions. This dual-market approach helps it capture revenues from diverse consumer bases looking for authentic Indian flavors. By maintaining rigorous quality standards and an extensive distribution network, Bikaji ensures that its products are widely available, thus driving steady revenue growth and reinforcing its brand as a flagship of Indian snack culture.

BIKAJI Intrinsic Value
306.26 INR
Overvaluation 55%
Intrinsic Value
Price ₹676.65
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