Britannia Industries Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 53.5%)
- Efficient capital deployment (ROCE 56%)
- Low debt relative to equity (D/E 0.3x)
- Regular dividends — yield 2%
- Near 52-week low — potential value zone (₹4,501)
Concerns
- High premium to book value (P/B 21.5x)
Today's Price Action
The stock closed at ₹4,567.3 with zero percent change. Trading volume matched the 20‑day average at 3,21,801 shares, indicating typical participation. No significant price drift is observed, and the intraday range remained tight.
Valuation Snapshot
The price‑to‑earnings multiple stands at 42, considerably higher than the sector average of zero, reflecting a premium valuation. A return on equity of 53.5 % underscores strong profitability. The price‑to‑book ratio of zero indicates that book value is not reflected in the market price.
Key Levels to Watch
The current price is near the lower band of the 52‑week range, with the 52‑week low at ₹4,514 and the high at ₹6,271. Open‑interest data suggests resistance around the ₹4,800‑₹5,000 zone. Historical trading clusters show heightened activity around the ₹4,600‑₹4,700 corridor, which may act as a support zone.
Chart Pattern
A bullish harami formed on the daily chart three sessions ago, showing a small bullish candle contained within the prior large bearish candle, which typically signals a potential shift in momentum. The pattern appeared on the daily timeframe, and its size relative to prior candles suggests modest buying pressure.
Data Summary
The company reports a market capitalisation listed as ₹0 Cr, a P/B ratio of zero, and a P/E of 42. Volume, price, and the recent candlestick pattern provide a concise snapshot of current market activity. The P/E of 42 aligns with the company's growth narrative, while a zero P/B highlights a minimal accounting base.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HINDUNILVR Hindustan Unilever Limited | ₹1,816 | ₹4.3L Cr | 38.7 | 8.77 | 31 | 28.4 | 0.04 |
| ITC ITC Limited | ₹260 | ₹3.2L Cr | 16.4 | 4.48 | 29.3 | 38.9 | 0.01 |
| NESTLEIND Nestle India Limited | ₹1,168 | ₹2.3L Cr | 57 | 38.93 | 74.2 | 85.3 | 0.08 |
| VBL Varun Beverages Limited | ₹405 | ₹1.3L Cr | 39.5 | 6.99 | 16.2 | 19.7 | 0.13 |
| MARICO Marico Limited | ₹770 | ₹100K Cr | 52.8 | 23.75 | 42.8 | 47 | 0.14 |
| TATACONSUM TATA CONSUMER PRODUCTS LIMITED | ₹1,000 | ₹95K Cr | 57.8 | 4.55 | 7.35 | 9.24 | 0.13 |
| UNITDSPR United Spirits Limited | ₹1,227 | ₹91K Cr | 49.1 | 9.98 | 21.4 | 26.4 | 0.05 |
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
To consider and approve the Unaudited Consolidated and Standalone financial results for the quarter and half year ended 30 September 2026
To consider and approve the financial results for the period ended Jun 30, 2026
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 newsBritannia appoints new management; board resolution passed
*Britannia appoints new management; board resolution passed* — Britannia Industries announced a change in management following a board resolution on June 30, 2026. The decision was based on the Nomination and Remuneration Committee’s recommendation. This marks a strategic shift in leadership, though operational continuity is expected. 📊 *STOCKS:* BRITANNIA | 🏢 *SECTOR:* FMCG | #MEDIUMIMPACT #ManagementChange
Britannia VP Manjunath Desai resigns for external opportunity
*Britannia VP Manjunath Desai resigns for external opportunity* — Mr. Manjunath Desai, Vice President - Consumer Insight, Media and Competitive Intelligence at Britannia, has resigned. The move is part of routine corporate reshuffling and does not indicate strategic disruption. No immediate operational impact is expected. 📊 *STOCKS:* BRITANNIA | 🏢 *SECTOR:* FMCG | #LOWIMPACT #ManagementChange
Q4 results for Britannia, BSE, Biocon, Dabur out today
*Q4 results for Britannia, BSE, Biocon, Dabur out today.* Investors await key data on revenue, margins, and guidance. Any **beat or miss** on **₹** expectations could drive volatility in F&O contracts. Watch for management commentary on demand trends and capex plans. 📊 *STOCKS:* BRITANNIA | 🏢 *SECTOR:* Earnings | #HIGHIMPACT #Earnings
Nestle, ITC, Britannia, Marico Q2 results preview
*Nestle, ITC, Britannia, Marico Q2 results preview* covers key earning expectations ahead of their quarterly announcements. Analysts expect **revenue growth between 6-10%** and **margins under pressure due to input costs**. Target prices suggest **upside potential of 5-12%** post-results. Focus on volume trends and rural demand recovery. 📊 *STOCKS:* $NESTLEINDIA $ITC $BRITANNIA $MARICO | 🏢 *SECTOR:* FMCG | #MEDIUMIMPACT #Earnings
Britannia to host Motilal Oswal investor meet
*Britannia to host Motilal Oswal investor meet* scheduled for August 25, 2026, at 12:15 PM. The one-to-one session is part of ongoing investor engagement following previous announcements. No financial figures or strategic shifts were disclosed. Such meets typically provide insights into management outlook and business performance. 📊 *STOCKS:* $BRITANNIA | 🏢 *SECTOR:* FMCG | #LOWIMPACT #InvestorMeet
Britannia to hold investor meet on August 17
Britannia Industries will hold a one-to-one meeting with Enam Asset Management on *August 17, 2026*. The session is part of its ongoing investor engagement activities. No new financial data or strategic updates were disclosed. **No material business changes** announced. 📊 *STOCKS:* BRITANNIA | 🏢 *SECTOR:* FMCG | #LOWIMPACT #InvestorMeet
Britannia shares flat ahead of investor presentation
*Britannia shares flat ahead of investor presentation*. The company is set to host an investor presentation, outlining its strategic roadmap and financial performance. While no new data was released, such events often influence medium-term investor sentiment. These updates are typically followed by minor trading activity ahead of key announcements. 📊 *STOCKS:* BRITANNIA | 🏢 *SECTOR:* FMCG | #LOWIMPACT #InvestorPresentation
Britannia calls shareholders for postal ballot meeting
*Britannia calls shareholders for postal ballot meeting.* The company has issued a notice for a postal ballot to seek shareholder approvals on certain corporate matters. Specific agenda details are not disclosed in the filing. Such meetings are routine and typically do not impact operations. 📊 *STOCKS:* BRITANNIA | 🏢 *SECTOR:* FMCG | #LOWIMPACT #ShareholderMeeting
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 3.2% | ₹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 | ₹69 Cr 85.8% | ₹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 3.0% | ₹-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 1.7% | ₹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.
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