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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: 670 INR -1.54% Market Closed
Market Cap: ₹168B

EV/S

5.7
Current
9%
Cheaper
vs 3-y average of 6.3

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
5.7
=
Enterprise Value
₹152.9B
/
Revenue
₹28.9B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
5.7
=
Enterprise Value
₹152.9B
/
Revenue
₹28.9B

Valuation Scenarios

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

If EV/S returns to its 3-Year Average (6.3), the stock would be worth ₹739.32 (10% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-73%
Maximum Upside
+10%
Average Downside
26%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 5.7 ₹670
0%
3-Year Average 6.3 ₹739.32
+10%
5-Year Average 6.3 ₹737.13
+10%
Industry Average 1.5 ₹180.1
-73%
Country Average 2.9 ₹338.37
-49%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
₹152.9B
/
Jan 2026
₹28.9B
=
5.7
Current
₹152.9B
/
Mar 2026
₹30B
=
5.1
Forward
₹152.9B
/
Mar 2027
₹34.7B
=
4.4
Forward
₹152.9B
/
Mar 2028
₹39.8B
=
3.8
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close

Market Distribution

Higher than 73% of companies in India
Percentile
73rd
Based on 2 864 companies
73rd percentile
5.7
Low
0 — 1.6
Typical Range
1.6 — 5
High
5 —
Distribution Statistics
India
Min 0
30th Percentile 1.6
Median 2.9
70th Percentile 5
Max 55 686.2

Bikaji Foods International Ltd
Glance View

Market Cap
168B 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 54%
Intrinsic Value
Price ₹670
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