• Growth and volume: Bikaji is on track to deliver mid-teens revenue growth for the full fiscal year, supported by high single-digit to double-digit volume growth across Q2 and Q3 during the peak festive season.
• Pricing and margins: The recent import duty cut on palm and sunflower oils provides 75 to 100 bps of margin relief, and no further price hikes will be taken before Diwali as the company targets expanding margins from 13.5% to 15%.
• Distribution network expansion: The company plans to add around 50,000 outlets annually to reach 4 lakh direct stores by the end of the year and 5 lakh over the next two years, penetrating rural regions in core states and urban pockets in focus states.
• Retail and exports: The Hazelnut Factory QSR subsidiary will add 10 to 12 stores annually with an average throughput of ₹7 to ₹7.5 crore per store, while a $2.9 million investment in a US depot is expected to deliver tangible supply-chain benefits within 6 to 8 quarters.