Britannia Inds.

Why is Britannia Industries Ltd falling/rising?

As of 04-Aug, Britannia Industries Ltd's stock price is Rs 5,310.85, reflecting a 2.14% decline. The stock has underperformed the Sensex and shows poor long-term growth prospects, compounded by declining investor interest and high valuation metrics.

As of 04-Aug, Britannia Industries Ltd's stock price is falling, currently at Rs 5,310.85, which reflects a decrease of Rs 116.15 or 2.14%. This decline is part of a broader trend, as the stock has underperformed the benchmark Sensex, which has increased by 2.17% over the past week, while Britannia's stock has dropped by 3.11%. <BR><BR>The company's performance over the past month shows a similar pattern, with a decline of 1.18% compared to a 0.86% rise in the Sensex. Year-to-date, the stock has fallen by 11.94%, while the Sensex has only decreased by 7.97%. This underperformance is compounded by a poor long-term growth outlook, with net sales growing at an annual rate of only 7.83% and operating profit at 6.77% over the last five years. <BR><BR>Additionally, the stock's performance today has been characterized by a day’s low of Rs 5,310.85, and it has underperformed its sector by 0.64%. The FMCG sector, to which Britannia belongs, has also seen a decline of 2.28%. Investor participation appears to be waning, as evidenced by a significant drop in delivery volume, which fell by 35.16% against the five-day average. <BR><BR>While the company boasts high management efficiency and a strong ability to service debt, these positive factors are overshadowed by its flat results and expensive valuation, indicated by a Price to Book Value of 25.1. The stock has generated a return of -8.20% over the past year, despite a 15.3% increase in profits, leading to a high PEG ratio of 3.3, which suggests that the stock may be overvalued relative to its growth prospects. <BR><BR>Overall, the combination of poor short-term and long-term performance, declining investor interest, and unfavorable comparisons to the broader market and sector contribute to the falling stock price of Britannia Industries Ltd.

Which are the latest news on Britannia Inds.?

What does Britannia Inds. do?

Britannia Industries Limited is a leading Indian FMCG company that produces biscuits, bread, cakes, rusk, and dairy products. As of March 2026, it reported net sales of ₹4,719 Cr and a net profit of ₹678 Cr, with a market cap of ₹125,628 Cr.

Overview: <BR>Britannia Industries Limited (BIL) is one of India's leading FMCG companies, specializing in a diverse range of products including biscuits, bread, cakes, rusk, and dairy products.<BR><BR>History: <BR>Britannia Industries was incorporated in the year 1892. The latest quarterly results reported are for March 2026, showcasing a strong performance in sales and profit.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 4,719 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 678 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 125,628 Cr (Large Cap)<BR><BR>Key Metrics: <BR>P/E: 49.00 <BR>Industry P/E: 45 <BR>Dividend Yield: 1.47% <BR>Debt-Equity: -0.12 <BR>Return on Equity: 49.61% <BR>Price to Book: 24.09 <BR><BR>Contact Details: <BR>Address: 5/1/A Hungerford Street, Kolkata West Bengal: 700017 <BR>Tel: 91-033-22872439/2057/2287 <BR>Email: investorrelations@britindia.com <BR>Website: http://www.britannia.co.in

How big is Britannia Inds.?

As of 10th June, Britannia Industries Ltd has a market capitalization of 125,628.00 Cr, with recent net sales of 19,151.59 Cr and a net profit of 2,533.49 Cr.

As of 10th June, Britannia Industries Ltd has a market capitalization of 125,628.00 Cr, categorizing it as a Large Cap company.<BR><BR>In the latest 4 quarters, the company reported Net Sales of 19,151.59 Cr and a Net Profit of 2,533.49 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 4,355.72 Cr and Total Assets of 8,801.96 Cr.

Who are in the management team of Britannia Inds.?

The management team of Britannia Industries includes key members such as Nusli N Wadia (Chairman), Varun Berry (Executive Vice Chairman & Managing Director), and Rajneet Singh Kohli (CEO), along with several non-executive and independent directors. This diverse team oversees the company's strategic direction and governance.

The management team of Britannia Industries includes the following key members:<BR><BR>1. **Nusli N Wadia** - Chairman (Non-Executive)<BR>2. **Keki Dadiseth** - Non-Executive & Independent Director<BR>3. **Avijit Deb** - Non-Executive & Independent Director<BR>4. **Ajai Puri** - Non-Executive & Independent Director<BR>5. **Ness N Wadia** - Non-Executive & Non-Independent Director<BR>6. **Varun Berry** - Executive Vice Chairman & Managing Director<BR>7. **Y S P Thorat** - Non-Executive & Independent Director<BR>8. **Ajay Shah** - Non-Executive & Independent Director<BR>9. **Keki Elavia** - Non-Executive & Independent Director<BR>10. **T V Thulsidass** - Company Secretary & Compliance Officer<BR>11. **Tanya Arvind Dubash** - Non-Executive & Independent Director<BR>12. **Venkataraman Natarajan** - Executive Director & Chief Financial Officer<BR>13. **Rajneet Singh Kohli** - Executive Director & Chief Executive Officer<BR><BR>This diverse team combines both executive and non-executive roles, contributing to the strategic direction and governance of the company.

Who are the peers of the Britannia Inds.?

Peers of Britannia Inds. include Hind. Unilever, ITC, Nestle India, Tata Consumer, Godrej Consumer, Dabur India, Colgate-Palmoliv, Godfrey Phillips, P&G Hygiene, and Gillette India. Britannia Inds. has a 1-year return of -8.41%, better than ITC's -33.87% but worse than Nestle India's 19.29%.

Peers: The peers of Britannia Inds. are Hind. Unilever, ITC, Nestle India, Tata Consumer, Godrej Consumer, Dabur India, Colgate-Palmoliv, Godfrey Phillips, P&G Hygiene, and Gillette India.<BR><BR>Quality Snapshot: Excellent management risk is observed at Hind. Unilever, ITC, Nestle India, Britannia Inds., Colgate-Palmoliv, Godfrey Phillips, and P&G Hygiene, while Good management risk is found at Godrej Consumer and Dabur India. Average management risk is noted at Tata Consumer. Below Average growth is seen at Britannia Inds., Hind. Unilever, Godrej Consumer, Dabur India, Colgate-Palmoliv, and P&G Hygiene, while Average growth is found at ITC and Nestle India, and Good growth is observed at Tata Consumer and Godfrey Phillips.<BR><BR>Return Snapshot: Nestle India has the highest 1-year return at 19.29%, while ITC has the lowest at -33.87%. Britannia Inds. has a 1-year return of -8.41%, which is better than ITC but worse than Nestle India. Additionally, the six-month return is negative for ITC, Tata Consumer, Godrej Consumer, Dabur India, Colgate-Palmoliv, Godfrey Phillips, P&G Hygiene, and Gillette India.

Should I buy, sell or hold Britannia Industries Ltd?

Are Britannia Industries Ltd latest results good or bad?

Britannia Industries Ltd's latest results show a year-on-year net profit growth of 21.14%, indicating improved profitability, but a quarter-on-quarter decline in net profit and sales raises concerns about short-term growth and margins, leading to mixed investor sentiment. Overall, while long-term profitability looks positive, recent performance trends suggest challenges.

Britannia Industries Ltd's latest results present a mixed picture. On one hand, the company reported a consolidated net profit of ₹678.34 crore, which reflects a significant year-on-year growth of 21.14%. This indicates that, compared to the same quarter last year, the company has improved its profitability.<BR><BR>However, there are concerning signs when looking at the quarter-on-quarter performance. The net profit saw a slight decline of 0.24% from the previous quarter, and net sales dropped by 5.05% sequentially, which raises questions about the company's short-term growth momentum. Additionally, the operating margin has compressed to 18.20%, down 186 basis points from the previous quarter, signaling potential cost pressures or increased competition in the FMCG sector.<BR><BR>Overall, while the year-on-year profit growth is a positive aspect, the sequential declines in sales and margins suggest challenges that could impact investor sentiment. The market has reacted negatively, reflecting skepticism about the company's high valuation, which is currently considered expensive. Therefore, the results can be seen as good in terms of long-term profitability but concerning in the context of recent performance trends.

When is the next results date for Britannia Industries Ltd?

The next results date for Britannia Industries Ltd is 10 February 2026.

The next results date for Britannia Industries Ltd is scheduled for 10 February 2026.

Is Britannia Inds. overvalued or undervalued?

As of November 10, 2025, Britannia Industries is considered overvalued with a PE Ratio of 63.75 and an EV to EBITDA of 46.03, making it more expensive than peers like Hindustan Unilever and Godrej Consumer, despite a strong year-to-date stock performance of 28.64%.

As of 10 November 2025, the valuation grade for Britannia Industries has moved from very expensive to expensive, indicating a slight adjustment in its perceived value. The company is currently considered overvalued based on its high valuation ratios. Key ratios include a PE Ratio of 63.75, an EV to EBITDA of 46.03, and a PEG Ratio of 8.34, all of which are significantly higher than industry norms.<BR><BR>In comparison to its peers, Britannia's PE Ratio is notably higher than Hindustan Unilever's 53.51 and Godrej Consumer's 61.47, both categorized as expensive. Additionally, while Britannia's EV to EBITDA is 46.03, Hindustan Unilever's stands at 33.13, further emphasizing the relative overvaluation of Britannia. Despite its strong recent stock performance, with a year-to-date return of 28.64% compared to the Sensex's 6.91%, the high valuation ratios suggest that the stock may not be a prudent investment at its current price of 6132.15.

Is Britannia Inds. technically bullish or bearish?

As of November 6, 2025, Britannia Inds. has a bullish trend with moderate strength, supported by positive monthly MACD and RSI signals, although some short-term caution is advised due to mildly bearish weekly indicators.

As of 6 November 2025, the technical trend for Britannia Inds. has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish signal from the monthly MACD and RSI, along with bullish readings from both the Bollinger Bands and daily moving averages. The weekly KST is bullish, although the weekly MACD and OBV show mildly bearish tendencies, indicating some short-term caution. Overall, the monthly outlook remains strong, supporting the bullish stance.

How has been the historical performance of Britannia Inds.?

Britannia Inds. has shown consistent growth in net sales and profits, with net sales increasing from 11,054.67 Cr in Mar'19 to 17,942.67 Cr in Mar'25, and profit after tax rising from 1,156.43 Cr to 2,188.60 Cr in the same period, despite some fluctuations in profit before tax. The company has also improved its total assets while reducing total liabilities, indicating overall financial resilience.

Answer:<BR>The historical performance of Britannia Inds. shows a consistent growth trend in net sales and profits over the years, although there are fluctuations in certain metrics.<BR><BR>Breakdown:<BR>Britannia Inds. has demonstrated a steady increase in net sales, rising from 11,054.67 Cr in Mar'19 to 17,942.67 Cr in Mar'25. Total operating income followed a similar trajectory, reaching 17,942.67 Cr in Mar'25, up from 11,054.67 Cr in Mar'19. The company's operating profit (PBDIT) also grew, peaking at 3,414.24 Cr in Mar'25, compared to 1,939.87 Cr in Mar'19. However, profit before tax showed some volatility, with a high of 3,027.36 Cr in Mar'23, followed by a slight decline to 2,937.31 Cr in Mar'25. Profit after tax reached 2,188.60 Cr in Mar'25, reflecting a gradual increase from 1,156.43 Cr in Mar'19. The company's total assets increased from 7,822.67 Cr in Mar'20 to 8,801.96 Cr in Mar'25, while total liabilities decreased from 9,295.47 Cr in Mar'23 to 8,801.96 Cr in Mar'25. Cash flow from operating activities showed a positive trend, amounting to 2,480.00 Cr in Mar'25, although the net cash outflow was recorded at -194.00 Cr for the same period. Overall, Britannia Inds. has shown resilience and growth in its financial performance over the years.

Who are the top shareholders of the Britannia Inds.?

The top shareholders of Britannia Industries include Associated Biscuits International Limited with 44.76%, mutual funds with 8.17%, foreign institutional investors at 15.72%, a qualified institutional buyer holding 5.32%, and individual investors owning 12.64%.

The top shareholders of Britannia Industries include the promoters, with Associated Biscuits International Limited holding the largest share at 44.76%. Additionally, the company has 35 mutual fund schemes that collectively hold 8.17% of the shares, while foreign institutional investors (FIIs) own 15.72% through 769 different entities. The highest public shareholder is a qualified institutional buyer, holding 5.32%, and individual investors collectively own 12.64% of the shares.

What is the bonus history of the Britannia Inds.?

Britannia Industries Ltd's most recent bonus issue was a 1:1 bonus announced on May 25, 2021, with a record date of May 27, 2021, granting shareholders one additional share for each share owned.

Britannia Industries Ltd has a notable bonus history, with its latest bonus issue being a 1:1 bonus announced on May 25, 2021. The record date for this bonus was May 27, 2021. This means that shareholders received one additional share for every share they owned as of the record date.

Has Britannia Inds. declared dividend?

Yes, Britannia Industries Ltd has declared a dividend of 7350% (₹73.5 per share), with an ex-date of August 5, 2024. The dividend yield is 1.32%, and the company has shown positive total returns across various periods.

Britannia Industries Ltd has declared a dividend of 7350%.<BR><BR>Dividend Details:<BR>- Percentage announced: 7350%<BR>- Amount per share: 73.5<BR>- Ex-date: 05 Aug 24<BR><BR>Dividend Yield: 1.32%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 14.31%, with a dividend return of 0%, resulting in a total return of 14.31%.<BR><BR>For the 1-year period, the price return was 2.33%, the dividend return was 1.33%, leading to a total return of 3.66%.<BR><BR>Over the 2-year period, the price return was 18.43%, the dividend return was 1.47%, culminating in a total return of 19.9%.<BR><BR>In the 3-year period, the price return was 59.55%, with a dividend return of 4.27%, resulting in a total return of 63.82%.<BR><BR>For the 4-year period, the price return was 59.56%, the dividend return was 5.51%, leading to a total return of 65.07%.<BR><BR>In the 5-year period, the price return was 60.67%, with a dividend return of 10.16%, culminating in a total return of 70.83%.<BR><BR>Overall, Britannia Industries Ltd has declared a substantial dividend, which contributes to a positive total return across various periods, indicating a strong performance in both price appreciation and dividend yield.