ICRA rates Bikaji Foods International at AA, outlook Stable
Bikaji Foods International (BIKAJI) said ICRA has reviewed its credit rating at AA with a stable outlook, covering facilities or instruments of about ₹147 crore. The company is valued at about ₹11,630 crore.
What happened
Bikaji Foods International (BIKAJI) told the exchanges on 29 October 2026 at 01:10 PM that ICRA has reviewed its credit rating at AA with a stable outlook, covering facilities or instruments of about ₹147 crore.
Company snapshot
Bikaji Foods International is a small-cap company in the Fast Moving Consumer Goods sector, with a market value of about ₹11,630 crore.
The stock last traded at ₹463.9, against a 52-week range of ₹446.1–₹768.5 (39.6% below the high).
Before this filing the shares had moved −19.4% over the month and −26.8% over three months. Average daily turnover over the last 20 sessions was about ₹12.9 crore.
Promoters held 73.88% at the end of Q1 FY27. Foreign institutions owned 4.61% and domestic institutions 17.50%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 653 | 59.9 | 2.39 |
| Q2 FY26 | 830 | 79.8 | 3.18 |
| Q3 FY26 | 790 | 62.2 | 2.48 |
| Q4 FY26 | 721 | 56.4 | 2.25 |
| Q1 FY27 | 734 | 60.1 | 2.4 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Across 23 similar disclosures by other Fast Moving Consumer Goods companies, shares moved −0.9% on average the next day and +0.1% over five days; 39% of them rose the next day.
Market-wide, 1,348 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 46% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
- 5 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.