NSE:BIKAJI management interview: Snack Wars Heat Up! Bikaji Doubles Down On Traditional Namkeen Market | Business News | ET Now
ET Now, 2026-05-22. Video: https://www.youtube.com/watch?v=17p4lB1Imhw
- FY27 growth guidance: The company targets overall business growth of 15% to 16% in FY27, with volume growth projected at 11% to 12% amid raw material and packaging price pressures.
- Traditional snacks segment: Core traditional snacks account for nearly 70% of the total business and will continue driving expansion, supported by targeted marketing campaigns.
- Margin and pricing: Input cost increases in edible oil and packaging materials have been passed on to consumers, with management targeting to maintain gross margins at last year's levels.
- Capital expenditure plans: After completing major capacity investments under the PLI scheme, FY27 capex will be less than ₹100 crore and funded entirely through internal cash flows.
- Bakery business outlook: Bikaji Bakes—spanning premium bread, groceries, and cakes and muffins—is treated as a long-term futuristic investment expected to deliver meaningful revenue contributions from 2030 onwards.