Content:
- Company Overview of Gopal Snacks Ltd
- Company Overview of Bikaji Foods International Ltd
- The Stock Performance of Gopal Snacks Limited
- The Stock Performance of Bikaji Foods International Limited
- Fundamental Analysis of Gopal Snacks Ltd
- Fundamental Analysis of Bikaji Foods International
- Financial Comparison of Gopal Snacks and Bikaji Foods International
- Dividend of Gopal Snacks and Bikaji Foods International
- Advantages and Disadvantages of Investing in Gopal Snacks Limited
- Advantages and Disadvantages of Investing in Bikaji Foods International
- How to Invest in Bikaji Foods International and Gopal Snacks Stocks?
- Gopal Snacks vs. Bikaji Foods International Limited- Conclusion
- Gopal Snacks vs. Bikaji Foods International – FAQ
Company Overview of Gopal Snacks Ltd
Gopal Snacks Ltd was established in 1999 by Bipinbhai Vitthalbhai Hadvani. Starting with supplying Namkeen and Snacks locally in Rajkot, the business gradually expanded to achieve great success. The company’s significant milestone was reaching its product line in Rajkot.
Gopal is proud to be the fourth largest brand in the organized sector of ethnic savories, including gathiya, in India based on market share. Moreover, it is the leading manufacturer of gathiya and snack pellets in India in terms of volume in the fiscal year 2023.
Company Overview of Bikaji Foods International Ltd
Bikaji Foods International Limited is a company based in India that specializes in ethnic snacks. The company is mainly engaged in the production, procurement and sale of snack foods. It offers a variety of products in six categories: bhujia, namkeen, sweets, papad, western snacks and other snacks.
The western snacks category includes chips, extruded products and pellets, while the other snacks category encompasses gift packs, frozen food, mathri range and cookies. Namkeen offerings consist of a range of products such as Roasted Crushed Peanuts, Crusty Nuts and Masala Boondi, among others.
The Stock Performance of Gopal Snacks Limited
The table below displays the month-by-month stock performance of Gopal Snacks Ltd for the past year.
Month | Return (%) |
Mar-2024 | 1.94 |
Apr-2024 | -10.43 |
May-2024 | -0.63 |
Jun-2024 | 2.45 |
Jul-2024 | 7.67 |
Aug-2024 | -5.63 |
Sep-2024 | 22.95 |
Oct-2024 | 16.08 |
Nov-2024 | -8.82 |
Dec-2024 | -16.97 |
Jan-2025 | -9.85 |
Feb-2025 | -17.92 |
The Stock Performance of Bikaji Foods International Limited
The table below displays the month-by-month stock performance of Bikaji Foods International Ltd for the past year.
Month | Return (%) |
Mar-2024 | -7.1 |
Apr-2024 | 7.66 |
May-2024 | 11.0 |
Jun-2024 | 18.28 |
Jul-2024 | -0.32 |
Aug-2024 | 14.92 |
Sep-2024 | 11.24 |
Oct-2024 | -7.92 |
Nov-2024 | -5.56 |
Dec-2024 | 1.74 |
Jan-2025 | -11.35 |
Feb-2025 | -8.09 |
Fundamental Analysis of Gopal Snacks Ltd
Gopal Snacks Ltd is a prominent player in the snack food industry, renowned for its diverse range of delicious offerings. Established with a commitment to quality and innovation, the company specializes in manufacturing tasty snacks that cater to varied consumer preferences.
Their product line includes savory items that are not only flavorful but also made with carefully selected ingredients to ensure a delightful snacking experience.
The stock is currently priced at ₹261.55, with a market capitalization of ₹3,357.33 crore. Over the past year, it has declined by 27.89%, with a six-month drop of 23.19% and a one-month decline of 13.38%. It is trading 98.81% below its 52-week high, indicating significant correction.
- Close Price ( ₹ ): 261.55
- Market Cap ( Cr ): 3357.33
- Dividend Yield %: 0.09
- 1Y Return %: -27.89
- 6M Return %: -23.19
- 1M Return %: -13.38
- % Away From 52W High: 98.81
- 5Y Avg Net Profit Margin %: 5.00
Fundamental Analysis of Bikaji Foods International
Bikaji Foods International is a renowned Indian snacks and confectionery company that specializes in producing a wide variety of premium-quality snacks. Established with a vision to bring authentic Indian flavors to the forefront, BIKAJI offers products such as bhujia, namkeens and traditional sweets.
The stock is currently trading at ₹672.80, with a market capitalization of ₹16,447.65 crore. Over the past year, it has delivered a strong return of 33.70%, though the last six months saw a decline of 23.36%. A recent one-month gain of 9.03% suggests some recovery. It remains 49.81% below its 52-week high, indicating room for potential upside.
- Close Price ( ₹ ): 672.80
- Market Cap ( Cr ): 16447.65
- Dividend Yield %: 0.15
- 1Y Return %: 33.70
- 6M Return %: -23.36
- 1M Return %: 9.03
- % Away From 52W High: 49.81
- 5Y Avg Net Profit Margin %: 7.00
Financial Comparison of Gopal Snacks and Bikaji Foods International
The table below shows a financial comparison of Gopal Snacks Ltd and Bikaji Foods International Ltd.
Stock | GOPAL | BIKAJI | ||||
Financial type | FY 2023 | FY 2024 | TTM | FY 2023 | FY 2024 | TTM |
Total Revenue (₹ Cr) | 1398.54 | 1406.91 | 1514.45 | 1988.84 | 2356.67 | 2657.27 |
EBITDA (₹ Cr) | 200.12 | 172.81 | 147.19 | 236.57 | 419.32 | 449.58 |
PBIT (₹ Cr) | 162.7 | 137.06 | 112.85 | 188.06 | 359.26 | 377.22 |
PBT (₹ Cr) | 151.86 | 131.79 | 109.62 | 176.86 | 347.95 | 364.41 |
Net Income (₹ Cr) | 112.38 | 99.56 | 84.63 | 137.16 | 265.71 | 272.51 |
EPS (₹) | 9.02 | 7.99 | 6.79 | 5.5 | 10.65 | 10.92 |
DPS (₹) | 0.0 | 0.25 | 1.25 | 0.75 | 1.0 | 1.00 |
Payout ratio (%) | 0.0 | 0.03 | 0.18 | 0.14 | 0.09 | 0.09 |
Points to be noted:
- (TTM) Trailing 12 Months – Trailing 12 months (TTM) is used to describe the past 12 consecutive months of a company’s performance data when reporting financial figures.
- EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization): Measures a company’s profitability before accounting for financial and non-cash expenses.
- PBIT (Profit Before Interest and Tax): Reflects operating profit by excluding interest and taxes from total revenue.
- PBT (Profit Before Tax): Indicates profit after deducting operating costs and interest but before taxes.
- Net Income: This represents the company’s total profit after all expenses, including taxes and interest, are deducted.
- EPS (Earnings Per Share): This shows the portion of a company’s profit allocated to each outstanding share of stock.
- DPS (Dividend Per Share): Reflects the total dividend paid out per share over a specific period.
- Payout Ratio: Measures the proportion of earnings distributed as dividends to shareholders.
Dividend of Gopal Snacks and Bikaji Foods International
Gopal Snacks and Bikaji Foods International have announced dividends, highlighting their commitment to rewarding shareholders. Bikaji Foods maintains a consistent payout history, while Gopal Snacks continues to distribute earnings. Both companies show positive financial momentum. Check the table for complete details.
Gopal Snacks | Bikaji Foods International | ||||||
Announcement Date | Ex-Dividend Date | Dividend Type | Dividend (Rs) | Announcement Date | Ex-Dividend Date | Dividend Type | Dividend (Rs) |
20 September, 2024 | 22 October, 2024 | Interim | 31 December, 1899 | 23 May, 2024 | 14 June, 2024 | Final | 31 December, 1899 |
9 May, 2024 | 20 September, 2024 | Final | 30 December, 1899 | 23 May, 2023 | 8 June, 2023 | Final | 30 December, 1899 |
Advantages and Disadvantages of Investing in Gopal Snacks Limited
Gopal Snacks Ltd
The primary advantage of Gopal Snacks Ltd is its strong presence in the Indian packaged snacks market, catering to a wide consumer base. With an extensive distribution network and a focus on regional flavors, the company has built a loyal customer following and continues to expand its product range.
- Strong Brand Recognition: Gopal Snacks has established itself as a trusted name in the Indian snacks industry. Its focus on traditional and regional flavors helps maintain consumer loyalty and strengthens its market position against larger competitors.
- Wide Product Portfolio: The company offers a diverse range of snack products, including namkeens, extruded snacks and ready-to-eat items. This variety caters to different tastes and consumer preferences, driving consistent sales across multiple market segments.
- Expanding Market Presence: Gopal Snacks is continuously expanding its distribution network across India, reaching both urban and rural areas. Its growing retail presence and increasing penetration in supermarkets and e-commerce platforms boost accessibility and sales.
- Consumer Demand for Packaged Snacks: The rising demand for convenient and hygienically packed food products benefits Gopal Snacks. As more consumers shift to branded snacks over unorganized alternatives, the company stands to gain from this evolving market trend.
- Operational Efficiency and Growth Potential: With a focus on cost-effective production and supply chain efficiency, Gopal Snacks maintains steady margins. Its ability to scale operations while keeping quality intact ensures long-term growth potential in the competitive FMCG industry.
The main disadvantage of Gopal Snacks Ltd is its reliance on a highly competitive and price-sensitive market. With several established and emerging players in the snack industry, maintaining consistent market share and profitability becomes challenging, especially when competing against larger FMCG brands with stronger financial resources.
- Intense Market Competition: Gopal Snacks faces stiff competition from well-established brands like Haldiram’s, Bikaji and PepsiCo. Competing with these giants in pricing, branding and distribution makes it difficult to sustain long-term market dominance and profit margins.
- Limited International Presence: While the brand is well-known in India, its presence in global markets is relatively small. Expanding internationally requires significant investments in marketing, regulatory compliance and distribution, which can be challenging for a growing company.
- Fluctuating Raw Material Costs: The company heavily depends on agricultural commodities like potatoes, spices and edible oil. Any price fluctuations due to inflation, supply chain disruptions, or poor harvests can impact production costs and profitability.
- Brand Differentiation Challenges: In a market flooded with traditional and regional snack brands, standing out can be difficult. Without continuous innovation in flavors, packaging, or health-conscious options, maintaining consumer interest and loyalty may become challenging.
- Regulatory and Compliance Risks: The food processing industry is subject to stringent safety and quality regulations. Any non-compliance, recalls, or food safety concerns could lead to legal issues, reputational damage and loss of consumer trust, impacting the company’s growth.
Advantages and Disadvantages of Investing in Bikaji Foods International
Bikaji Foods International Ltd
The primary advantage of Bikaji Foods International Ltd is its strong legacy in the Indian snacks and namkeen market. With a deep-rooted brand reputation, the company benefits from consumer trust, a diverse product portfolio and an extensive distribution network that drives consistent growth in the competitive FMCG sector.
- Strong Brand Heritage: Bikaji Foods has a long-standing reputation in the Indian snack industry, known for its authentic and high-quality namkeens. Its brand loyalty helps maintain a steady customer base and differentiates it from newer competitors.
- Diverse Product Portfolio: The company offers a wide variety of products, including namkeens, sweets, bhujia and frozen foods. This diversification reduces business risks and caters to various consumer preferences, ensuring consistent sales across different product categories.
- Expanding Domestic and International Presence: Bikaji Foods has successfully expanded beyond India, reaching global markets with its ethnic snacks. Its growing presence in international retail chains enhances brand visibility and contributes to revenue growth.
- Rising Demand for Packaged Snacks: With increasing urbanization and lifestyle changes, the demand for hygienically packed, ready-to-eat snacks is growing. Bikaji benefits from this trend, offering traditional snacks in modern packaging to appeal to a broader audience.
- Efficient Manufacturing and Distribution: The company operates with advanced manufacturing facilities and a robust supply chain. Its ability to produce at scale while maintaining quality ensures cost efficiency and competitive pricing, strengthening its position in the FMCG market.
The main disadvantage of Bikaji Foods International Ltd is its heavy dependence on traditional Indian snacks, limiting diversification into broader FMCG categories. While its legacy in namkeens and sweets is strong, evolving consumer preferences for healthier and innovative snack options pose challenges to long-term growth and market expansion.
- Intense Market Competition: Bikaji faces stiff competition from established players like Haldiram’s, PepsiCo and ITC. Competing in pricing, distribution and brand recall against these giants makes it difficult to maintain market dominance and expand into new segments.
- Limited Product Diversification: The company primarily focuses on traditional Indian snacks, which may restrict growth in modern FMCG categories. Expanding into health-focused, international, or convenience-based products requires innovation and investment, posing a challenge to sustained revenue growth.
- Fluctuating Raw Material Costs: Bikaji relies on agricultural commodities like gram flour, spices and oil, making it vulnerable to price fluctuations. Any rise in input costs due to inflation or supply chain disruptions directly affects profit margins and pricing strategies.
- Regulatory and Compliance Challenges: The food industry faces strict safety, labeling and quality regulations. Any failure to comply with local or international standards can result in fines, product recalls and reputational damage, impacting sales and consumer trust.
How to Invest in Bikaji Foods International and Gopal Snacks Stocks?
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Step 3: Search & Analyze Bikaji Foods International and Gopal Snacks Stocks
- Use the search bar to find Bikaji Foods International and Gopal Snacks Stocks.
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Step 4: Place Your Buy Order
- Click “Buy” and select either a Market Order (instant purchase) or a Limit Order (buy at a specified price).
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Gopal Snacks vs. Bikaji Foods International Limited- Conclusion
Gopal Snacks has built a strong presence in the Indian packaged snacks market with a focus on traditional flavors and cost-effective production. While it continues expanding its distribution, competition and supply chain challenges remain key concerns. Its growth potential depends on market expansion and product innovation.
Bikaji Foods enjoys strong brand recognition in the Indian namkeen and sweets market, backed by its rich heritage and expanding global presence. While competition and raw material costs pose challenges, its focus on traditional snacks and international expansion provides long-term growth opportunities in the competitive FMCG sector.
Gopal Snacks vs. Bikaji Foods International – FAQ
Gopal Snacks Ltd is a prominent food company specializing in a variety of snacks, including traditional Indian items. Known for its quality and taste, the company has established a strong presence in the market, catering to diverse consumer preferences with innovative and delicious products.
Bikaji Foods International Ltd is a prominent Indian snack manufacturer known for its traditional sweets and savory snacks. Established in Bikaner, Rajasthan, the company specializes in a variety of products, including bhujia, namkeen and ready-to-eat items, catering to both domestic and international markets.
FMCG (Fast-Moving Consumer Goods) stocks belong to companies that manufacture and sell essential, everyday products with high demand and quick turnover. These include food, beverages, personal care and household items. FMCG stocks are considered stable investments, offering consistent growth and resilience due to continuous consumer demand.
Raj Bipinbhai Hadvani serves as the Chief Executive Officer (CEO) and Whole-Time Director of Gopal Snacks Ltd. He assumed the CEO position on May 5, 2023, bringing innovative strategies to the company. His leadership focuses on expanding product lines and modernizing branding to appeal to a broader consumer base.
The main competitors of Gopal Snacks and Bikaji Foods International include Haldiram’s, PepsiCo, ITC, Prataap Snacks and Balaji Wafers. These brands dominate the Indian snacks market with strong distribution networks and diverse product offerings, making competition intense in the packaged namkeen, chips and ready-to-eat snack segments.
As of March 17, 2025, Bikaji Foods International Ltd has a market capitalization of approximately ₹17,150 crore, while Gopal Snacks Ltd has a market capitalization of around ₹3,242 crore. Market capitalization represents the total market value of a company’s outstanding shares and is commonly used to assess a company’s size.
Gopal Snacks is focusing on expanding its product portfolio, particularly in the packaged snacks and ready-to-eat segments, to cater to changing consumer preferences. The company is also strengthening its distribution network across urban and rural markets while exploring export opportunities. Additionally, investments in modern retail and e-commerce are expected to drive future growth.
Bikaji Foods International Ltd is focusing on expanding its domestic and global market presence, increasing production capacity and enhancing product innovation to cater to evolving consumer preferences. The company is also investing in modern retail and e-commerce channels while strengthening its distribution network to reach a wider customer base.
Bikaji Foods International offers better dividends compared to Gopal Snacks, with a more consistent dividend payout history. While both companies are focused on growth, Bikaji’s established market position and stable financial performance make it a more reliable choice for dividend-seeking investors. Check recent dividend announcements for exact details.
For long-term investors, Bikaji Foods International is a better choice due to its strong brand legacy, wider market presence and consistent financial performance. Gopal Snacks has growth potential but faces higher competition and market volatility. Investors seeking stability may prefer Bikaji, while risk-tolerant investors might consider Gopal Snacks.
Gopal Snacks generates most of its revenue from the packaged snacks and namkeen segment, including extruded snacks, wafers and ready-to-eat products. Bikaji Foods International derives its major revenue from traditional Indian snacks, sweets and bhujia, with a growing contribution from export sales and modern retail distribution.
Bikaji Foods International Ltd is more profitable than Gopal Snacks due to its strong brand presence, established market share and consistent financial performance. While Gopal Snacks has growth potential, Bikaji’s wider distribution, diversified product range and export revenue give it a profitability edge in the competitive snacks industry.
Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.