Britannia Industries Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Excellent return on equity (ROE 53.6%)
- ✓Efficient capital deployment (ROCE 56%)
- ✓Low debt relative to equity (D/E 0.3x)
- ✓Regular dividends — yield 1.8%
- ✓Near 52-week low — potential value zone (₹5,075)
Concerns
- ✗High premium to book value (P/B 24.2x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HINDUNILVR Hindustan Unilever Limited | ₹2,121 | ₹4.9L Cr | 45 | 10.25 | 22.3 | 28.4 | 0.04 |
| ITC ITC Limited | ₹281 | ₹3.5L Cr | 17 | 4.85 | 29.3 | 38.9 | 0.01 |
| NESTLEIND Nestle India Limited | ₹1,391 | ₹2.7L Cr | 79.2 | 52.1 | 74.3 | 85.4 | 0.09 |
| VBL Varun Beverages Limited | ₹522 | ₹1.8L Cr | 57.2 | 9.01 | 16.2 | 19.7 | 0.13 |
| TATACONSUM TATA CONSUMER PRODUCTS LIMITED | ₹1,132 | ₹1.1L Cr | 74.4 | 5.14 | 7.35 | 9.24 | 0.13 |
| MARICO Marico Limited | ₹810 | ₹1.1L Cr | 59.7 | 25 | 43 | 47.2 | 0.14 |
| GODREJCP Godrej Consumer Products Limited | ₹995 | ₹1.0L Cr | 50.4 | 8.03 | 16.5 | 19.1 | 0.34 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
BRITANNIA · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 50.55% | 50.55% | 50.55% | 50.55% | 50.55% | 50.55% |
| FII | 18.99% | 18.23% | 17.41% | 17.91% | 16.46% | 15.72% |
| DII | 14.84% | 15.63% | 16.69% | 16.37% | 17.58% | 18.26% |
| Public | 15.62% | 15.57% | 15.36% | 15.18% | 15.41% | 15.48% |
Corporate Events
Dividend - Rs 90.50 Per Share
To consider and approve the financial results for the period ended March 31, 2026 and dividend
Dividend - Rs 75 Per Share
Annual General Meeting/ Dividend - Rs 73.5 Per Share
Annual General Meeting
Latest News
All news →Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹5.0K Cr ▲2.7% | ₹4.8K Cr ▲4.7% | ₹4.6K Cr ▲4.3% | ₹4.4K Cr ▼3.5% | ₹4.6K Cr ▼1.6% | ₹4.7K Cr ▲9.8% | ₹4.3K Cr ▲4.4% | ₹4.1K Cr |
| Op. Profit | ₹977 Cr ▲2.7% | ₹951 Cr ▲26.5% | ₹752 Cr ▼6.1% | ₹801 Cr ▼5.0% | ₹843 Cr ▲8.1% | ₹780 Cr ▲3.6% | ₹753 Cr ▼4.0% | ₹784 Cr |
| OPM | 20.0% ▲0.0% | 20.0% ▲25.0% | 16.0% ▼11.1% | 18.0% ▲0.0% | 18.0% ▲5.9% | 17.0% ▼5.6% | 18.0% ▼5.3% | 19.0% |
| Net Profit | ₹682 Cr ▲4.1% | ₹655 Cr ▲26.0% | ₹520 Cr ▼7.0% | ₹559 Cr ▼4.0% | ₹582 Cr ▲9.4% | ₹532 Cr ▲5.3% | ₹505 Cr ▼6.0% | ₹537 Cr |
| EPS (₹) | 28.23 ▲3.9% | 27.17 ▲25.7% | 21.62 ▼7.0% | 23.25 ▼3.7% | 24.15 ▲9.5% | 22.06 ▲5.1% | 20.99 ▼6.1% | 22.35 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹19.2K Cr ▲6.7% | ₹17.9K Cr ▲7.0% | ₹16.8K Cr ▲2.9% | ₹16.3K Cr ▲15.3% | ₹14.1K Cr ▲7.6% | ₹13.1K Cr ▲13.2% | ₹11.6K Cr ▲4.9% | ₹11.1K Cr ▲11.5% | ₹9.9K Cr ▲9.5% | ₹9.1K Cr |
| Expenses | ₹15.6K Cr ▲5.9% | ₹14.8K Cr ▲8.5% | ₹13.6K Cr ▲1.0% | ₹13.5K Cr ▲12.9% | ₹11.9K Cr ▲12.3% | ₹10.6K Cr ▲8.9% | ₹9.8K Cr ▲4.7% | ₹9.3K Cr ▲10.8% | ₹8.4K Cr ▲8.2% | ₹7.8K Cr |
| Op. Profit | ₹3.5K Cr ▲10.6% | ₹3.2K Cr ▲0.3% | ₹3.2K Cr ▲11.9% | ₹2.8K Cr ▲28.6% | ₹2.2K Cr ▼12.3% | ₹2.5K Cr ▲36.1% | ₹1.8K Cr ▲6.4% | ₹1.7K Cr ▲15.4% | ₹1.5K Cr ▲17.4% | ₹1.3K Cr |
| OPM | 18.0% ▲0.0% | 18.0% ▼5.3% | 19.0% ▲11.8% | 17.0% ▲6.3% | 16.0% ▼15.8% | 19.0% ▲18.8% | 16.0% ▲0.0% | 16.0% ▲6.7% | 15.0% ▲7.1% | 14.0% |
| Other Income | ₹224 Cr ▲10.9% | ₹202 Cr ▼4.3% | ₹211 Cr ▼64.7% | ₹597 Cr ▲168.9% | ₹222 Cr ▼29.1% | ₹313 Cr ▲19.0% | ₹263 Cr ▲27.7% | ₹206 Cr ▲24.1% | ₹166 Cr ▲9.9% | ₹151 Cr |
| Interest | ₹113 Cr ▼18.7% | ₹139 Cr ▼15.2% | ₹164 Cr ▼3.0% | ₹169 Cr ▲17.4% | ₹144 Cr ▲29.7% | ₹111 Cr ▲44.2% | ₹77 Cr ▲755.6% | ₹9 Cr ▲12.5% | ₹8 Cr ▲60.0% | ₹5 Cr |
| Depreciation | ₹337 Cr ▲7.7% | ₹313 Cr ▲4.3% | ₹300 Cr ▲32.7% | ₹226 Cr ▲12.4% | ₹201 Cr ▲1.5% | ₹198 Cr ▲7.0% | ₹185 Cr ▲14.2% | ₹162 Cr ▲14.1% | ₹142 Cr ▲19.3% | ₹119 Cr |
| PBT | ₹3.3K Cr ▲12.4% | ₹2.9K Cr ▲0.5% | ₹2.9K Cr ▼4.0% | ₹3.0K Cr ▲46.0% | ₹2.1K Cr ▼17.3% | ₹2.5K Cr ▲36.3% | ₹1.8K Cr ▲4.3% | ₹1.8K Cr ▲16.5% | ₹1.5K Cr ▲16.4% | ₹1.3K Cr |
| Tax % | 23.0% ▼11.5% | 26.0% ▼3.7% | 27.0% ▲12.5% | 24.0% ▼11.1% | 27.0% ▲3.8% | 26.0% ▲8.3% | 24.0% ▼31.4% | 35.0% ▲2.9% | 34.0% ▲6.3% | 32.0% |
| Net Profit | ₹2.5K Cr ▲16.5% | ₹2.2K Cr ▲2.1% | ₹2.1K Cr ▼7.9% | ₹2.3K Cr ▲52.8% | ₹1.5K Cr ▼18.1% | ₹1.9K Cr ▲32.8% | ₹1.4K Cr ▲20.7% | ₹1.2K Cr ▲15.0% | ₹1.0K Cr ▲13.4% | ₹885 Cr |
| EPS (₹) | 105.18 ▲16.3% | 90.45 ▲1.8% | 88.84 ▼7.8% | 96.39 ▲52.3% | 63.31 ▼18.2% | 77.38 ▲32.7% | 58.33 ▲20.9% | 48.23 ▲15.3% | 41.83 ▲13.5% | 36.85 |
| Div Payout | 86.0% ▲3.6% | 83.0% ▲0.0% | 83.0% ▲10.7% | 75.0% ▼15.7% | 89.0% ▼56.4% | 204.0% ▲240.0% | 60.0% ▲93.5% | 31.0% ▲3.3% | 30.0% ▲0.0% | 30.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹24 Cr ▲0.0% | ₹24 Cr ▲0.0% | ₹24 Cr ▲0.0% | ₹24 Cr ▲0.0% | ₹24 Cr ▲0.0% | ₹24 Cr ▲0.0% | ₹24 Cr ▲0.0% | ₹24 Cr ▲0.0% | ₹24 Cr ▲0.0% | ₹24 Cr |
| Reserves | ₹3.7K Cr ▼14.4% | ₹4.3K Cr ▲10.6% | ₹3.9K Cr ▲11.6% | ₹3.5K Cr ▲38.5% | ₹2.5K Cr ▼28.1% | ₹3.5K Cr ▼19.5% | ₹4.4K Cr ▲3.5% | ₹4.2K Cr ▲25.0% | ₹3.4K Cr ▲26.6% | ₹2.7K Cr |
| Borrowings | ₹2.2K Cr ▲76.1% | ₹1.2K Cr ▼39.6% | ₹2.1K Cr ▼31.1% | ₹3.0K Cr ▲20.8% | ₹2.5K Cr ▲17.8% | ₹2.1K Cr ▲37.0% | ₹1.5K Cr ▲885.9% | ₹156 Cr ▼22.4% | ₹201 Cr ▲60.8% | ₹125 Cr |
| Other Liabilities | ₹3.5K Cr ▲8.8% | ₹3.2K Cr ▲5.5% | ₹3.1K Cr ▲8.7% | ₹2.8K Cr ▲13.3% | ₹2.5K Cr ▲6.1% | ₹2.3K Cr ▲24.1% | ₹1.9K Cr ▲3.3% | ₹1.8K Cr ▲15.7% | ₹1.6K Cr ▲22.7% | ₹1.3K Cr |
| Total Liabilities | ₹9.4K Cr ▲6.9% | ₹8.8K Cr ▼2.6% | ₹9.1K Cr ▼3.0% | ₹9.4K Cr ▲24.2% | ₹7.5K Cr ▼5.9% | ₹8.0K Cr ▲2.2% | ₹7.8K Cr ▲25.5% | ₹6.2K Cr ▲20.2% | ₹5.2K Cr ▲26.3% | ₹4.1K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹2.9K Cr ▲0.6% | ₹2.9K Cr ▲4.8% | ₹2.8K Cr ▲4.4% | ₹2.7K Cr ▲51.5% | ₹1.8K Cr ▼2.2% | ₹1.8K Cr ▼4.5% | ₹1.9K Cr ▲11.3% | ₹1.7K Cr ▲25.4% | ₹1.3K Cr ▲16.0% | ₹1.2K Cr |
| CWIP | ₹73 Cr ▼18.0% | ₹89 Cr ▼52.7% | ₹188 Cr ▲79.0% | ₹105 Cr ▼80.4% | ₹536 Cr ▲358.1% | ₹117 Cr ▲192.5% | ₹40 Cr ▼60.4% | ₹101 Cr ▼50.2% | ₹203 Cr ▲576.7% | ₹30 Cr |
| Investments | ₹2.3K Cr ▼20.0% | ₹2.9K Cr ▲3.5% | ₹2.8K Cr ▼16.8% | ₹3.3K Cr ▲88.6% | ₹1.8K Cr ▼36.6% | ₹2.8K Cr ▼3.9% | ₹2.9K Cr ▲96.0% | ₹1.5K Cr ▲36.8% | ₹1.1K Cr ▲121.6% | ₹487 Cr |
| Other Assets | ₹4.2K Cr ▲39.8% | ₹3.0K Cr ▼11.0% | ₹3.3K Cr ▲2.4% | ₹3.3K Cr ▼6.0% | ₹3.5K Cr ▲5.0% | ₹3.3K Cr ▲9.6% | ₹3.0K Cr ▲1.6% | ₹3.0K Cr ▲16.1% | ₹2.6K Cr ▲5.3% | ₹2.4K Cr |
| Total Assets | ₹9.4K Cr ▲6.9% | ₹8.8K Cr ▼2.6% | ₹9.1K Cr ▼3.0% | ₹9.4K Cr ▲24.2% | ₹7.5K Cr ▼5.9% | ₹8.0K Cr ▲2.2% | ₹7.8K Cr ▲25.5% | ₹6.2K Cr ▲20.2% | ₹5.2K Cr ▲26.3% | ₹4.1K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹2.5K Cr ▼3.6% | ₹2.6K Cr ▲1.9% | ₹2.5K Cr ▲94.3% | ₹1.3K Cr ▼29.8% | ₹1.9K Cr ▲24.6% | ₹1.5K Cr ▲28.5% | ₹1.2K Cr ▼7.4% | ₹1.2K Cr ▲183.2% | ₹441 Cr ▼54.0% | ₹959 Cr |
| Investing CF | ₹87 Cr ▼82.1% | ₹485 Cr ▲132.2% | ₹-1.5K Cr ▼264.9% | ₹914 Cr ▲99.1% | ₹459 Cr ▲130.1% | ₹-1.5K Cr ▼79.1% | ₹-852 Cr ▲11.0% | ₹-957 Cr ▼538.0% | ₹-150 Cr ▲78.7% | ₹-705 Cr |
| Financing CF | ₹-2.8K Cr ▲2.7% | ₹-2.8K Cr ▼176.2% | ₹-1.0K Cr ▲54.2% | ₹-2.2K Cr ▼0.1% | ₹-2.2K Cr ▼3969.0% | ₹58 Cr ▲116.4% | ₹-353 Cr ▼52.2% | ₹-232 Cr ▲21.4% | ₹-295 Cr ▼19.9% | ₹-246 Cr |
| Net Cash Flow | ₹-194 Cr ▼188.6% | ₹219 Cr ▲2533.3% | ₹-9 Cr ▲71.9% | ₹-32 Cr ▼148.5% | ₹66 Cr ▲288.2% | ₹17 Cr ▲134.7% | ₹-49 Cr ▼181.7% | ₹60 Cr ▲1600.0% | ₹-4 Cr ▼150.0% | ₹8 Cr |
| Free Cash Flow | ₹2.1K Cr ▲1.2% | ₹2.1K Cr ▲10.1% | ₹1.9K Cr ▲151.7% | ₹752 Cr ▼53.3% | ₹1.6K Cr ▲29.8% | ₹1.2K Cr ▲64.2% | ₹756 Cr ▼8.7% | ₹828 Cr ▲830.3% | ₹89 Cr ▼87.5% | ₹710 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 9d ▲0.0% | 9d ▲28.6% | 7d ▼22.2% | 9d ▲28.6% | 7d ▼30.0% | 10d ▼23.1% | 13d ▲18.2% | 11d ▲57.1% | 7d ▲0.0% | 7d |
| Inventory Days | 43d ▼4.4% | 45d ▲0.0% | 45d ▼21.1% | 57d ▲9.6% | 52d ▲33.3% | 39d ▼9.3% | 43d ▲10.3% | 39d ▼9.3% | 43d ▲34.4% | 32d |
| Days Payable | 60d ▼4.8% | 63d ▲14.5% | 55d ▲0.0% | 55d ▼12.7% | 63d ▲14.5% | 55d ▼12.7% | 63d ▲6.8% | 59d ▲20.4% | 49d ▼12.5% | 56d |
| Cash Conv. Cycle | -9d ▲0.0% | -9d ▼350.0% | -2d ▼120.0% | 10d ▲350.0% | -4d ▲33.3% | -6d ▲14.3% | -7d ▲22.2% | -9d ▼1000.0% | 1d ▲106.3% | -16d |
| Working Capital Days | -23d ▲23.3% | -30d ▲3.2% | -31d ▲0.0% | -31d ▼40.9% | -22d ▼2100.0% | -1d ▼103.7% | 27d ▲58.8% | 17d ▼39.3% | 28d ▲660.0% | -5d |
| ROCE | 53.0% ▲8.2% | 49.0% ▲0.0% | 49.0% ▲19.5% | 41.0% ▼8.9% | 45.0% ▲21.6% | 37.0% ▼15.9% | 44.0% ▼6.4% | 47.0% ▼9.6% | 52.0% ▼23.5% | 68.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Britannia Industries Limited
Britannia Industries is one of Indias leading food companies with a 100 year legacy and annual revenues in excess of Rs. 16000 Cr. Britannia is among the most trusted food brands, and manufactures Indias favorite brands like Good Day, Tiger, NutriChoice, Milk Bikis and Marie Gold which are household names in India. Britannias product portfolio includes Biscuits, Bread, Cakes, Rusk, and Dairy products including Cheese, Beverages, Milk and Yoghurt.
Fast Moving Consumer Goods · Food Products