ScoreWhy is Britannia Industries Ltd ?
1
High Management Efficiency with a high ROCE of 57.15%
2
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.67 times
3
Poor long term growth as Net Sales has grown by an annual rate of 7.82% and Operating profit at 7.04% over the last 5 years
4
Flat results in Sep 25
- OPERATING CF(Y) Lowest at Rs 2,480.65 Cr
5
With ROCE of 60.5, it has a Expensive valuation with a 28.5 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 22.70%, its profits have risen by 7.7% ; the PEG ratio of the company is 8
6
High Institutional Holdings at 34.41%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
7
Market Beating Performance
- The stock has generated a return of 22.70% in the last 1 year, much higher than market (BSE500) returns of 2.14%
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Britannia Inds. should be less than 10%
- Overall Portfolio exposure to FMCG should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in FMCG)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Britannia Inds. for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
Britannia Inds.
22.3%
1.18
19.24%
Sensex
4.83%
0.41
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
7.82%
EBIT Growth (5y)
7.04%
EBIT to Interest (avg)
18.05
Debt to EBITDA (avg)
0.91
Net Debt to Equity (avg)
0.34
Sales to Capital Employed (avg)
2.84
Tax Ratio
25.63%
Dividend Payout Ratio
82.93%
Pledged Shares
0
Institutional Holding
34.41%
ROCE (avg)
59.29%
ROE (avg)
74.67%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
61
Industry P/E
54
Price to Book Value
37.90
EV to EBIT
47.10
EV to EBITDA
42.47
EV to Capital Employed
28.50
EV to Sales
7.72
PEG Ratio
7.99
Dividend Yield
1.28%
ROCE (Latest)
60.51%
ROE (Latest)
62.05%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
Bullish
Bollinger Bands
Sideways
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend8What is working for the Company
NET SALES(Q)
Highest at Rs 4,840.63 cr
PBDIT(Q)
Highest at Rs 954.52 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 19.72%
PBT LESS OI(Q)
At Rs 831.51 cr has Grown at 22.4% (vs previous 4Q average
PAT(Q)
Highest at Rs 654.47 cr.
EPS(Q)
Highest at Rs 27.17
-4What is not working for the Company
OPERATING CF(Y)
Lowest at Rs 2,480.65 Cr
Loading Valuation Snapshot...
Here's what is working for Britannia Inds.
Net Sales - Quarterly
Highest at Rs 4,840.63 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 954.52 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 19.72%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 831.51 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 831.51 cr has Grown at 22.4% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 679.54 CrMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 654.47 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 27.17
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Britannia Inds.
Operating Cash Flow - Annually
Lowest at Rs 2,480.65 Cr
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (Rs Cr)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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