BRITANNIAFast Moving Consumer Goods

Britannia Industries Limited

Packaged Foods · ISIN INE216A01030 · BSE 500825 · NSE EQ · FV ₹1
Last price
₹4,982
-0.35%today
What this company does

Britannia Industries Limited operates in Packaged Foods, part of the Fast Moving Consumer Goods sector. It booked ₹5,000 cr of revenue in its latest quarter (Q1 FY27) and kept 11.8% of sales as profit. It is the 2nd largest of 9 Packaged Foods companies we track, by market value.

The Company is primarily involved in manufacturing and sale of various food products.
Their stated mission

to build a Britannia that is stronger, more resilient and future-ready.

In the report:
66out of 100
Equitytale Health Score
Solid

Healthier than 66% of companies in Fast Moving Consumer Goods, on all six measures of filed financials. Each measure is ranked against the 89–149 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
32

At close. Not part of the score.

Profitability & returns90

How much profit it earns on the money it employs

Balance sheet59

How much it owes, and whether earnings cover the interest

Cash quality69

Whether reported profit actually arrives as cash

Growth & consistency56

Whether sales and profit have grown, and how steadily

Valuation16

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 8% vs last year
Profit up 14% vs last year
Promoters hold 51%
No promoter shares pledged
Strong 46% return on equity
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in BRITANNIA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹4,982 -0.35%
latest close · 2026-09-17
1-year return
+26.7%
52-wk low ₹3,05052-wk high ₹5,690
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio50.7High
LowAverageHigh
P/B ratio23.50High
Below bookModerateHigh
EV / EBITDA33.6High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity46.3%Strong
WeakFairStrong ▸15%
Return on capital59.2%Strong
WeakFairStrong
Net margin11.8%Decent
ThinDecentStrong
EBITDA margin18.0%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.26Comfortable
LowModerateHigh ▸1
Interest cover35.9×Strong
RiskyOkayStrong ▸5×
Current ratio1.12Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1.20 L cr
Book value
₹212
EPS
₹24.55
latest quarter
Net debt
₹1,138 cr
owes more than its cash
Enterprise value
₹1.21 L cr
EBITDA
₹3,606 cr
annualised
EBIT
₹3,288 cr
annualised
Operating margin
16.4%
Return on assets
24.3%
Earnings yield
1.97%
P/S
6.00
Sales / share
₹830.2
Tax rate
25.5%
Face value
₹1
Shares
24.1 cr
Working capital
₹498 cr
Current assets
₹4,678 cr
Current liabilities
₹4,180 cr
Delivery %
56.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹1,433₹2,471, midpoint ₹1,952

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹5,000 cr
Other Income₹61 cr
Total Income₹5,061 cr
Cost of Materials₹2,800 cr
Purchases of Stock-in-Trade₹140 cr
Inventory Change (±)₹-14 cr
Employee Benefit Expense₹210 cr
Finance Costs₹23 cr
Depreciation & Amortisation₹80 cr
Other Expenses₹1,025 cr
Total Expenses₹4,262 cr
Profit before Tax₹799 cr
Tax Expense₹204 cr
Share of JV / Associates₹-2 cr
Net Profit₹593 cr
Net margin on total income11.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹2,925 cr57.8%
Employee benefit expense₹210 cr4.1%
Finance costs₹23 cr0.5%
Depreciation & amortisation₹80 cr1.6%
Other expenses₹1,025 cr20.3%
Tax expense₹204 cr4.0%
Profit for the period₹593 cr11.7%
Total income ₹5,061 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue4,970 cr4,719 cr5,000 cr
Total income5,029 cr4,774 cr5,061 cr
Expenses4,108 cr3,970 cr4,262 cr
Profit before tax922 cr804 cr799 cr
Tax237 cr105 cr204 cr
Net profit (owners' share)680 cr678 cr591 cr
Net margin (owners' share, on revenue)13.7%14.4%11.8%
EPS (₹)28.2328.1624.55
YoY (latest quarter): total income +8.2% · net profit +13.6%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹9,732 cr
Shareholder equity
₹5,107 cr
parent shareholders
Total debt
₹1,358 cr
Cash
₹220 cr
Cash flow · H1 FY26
Operating
₹399 cr
Investing
₹451 cr
Financing
₹-906 cr
Peer comparison
Packaged Foods · by market value
CompanyPriceMarket capP/E
Nestle India Limited₹1,371₹2.64 L cr68.9
Britannia Industries Limitedthis company₹4,982₹1.20 L cr50.7
The Bombay Burmah Trading Corporation Limited₹1,399₹19,738 cr8.5
Zydus Wellness Limited₹546₹17,368 cr36.5
Bikaji Foods International Limited₹553₹13,857 cr57.6
Mrs. Bectors Food Specialities Limited₹221₹6,772 cr43.8
Gopal Snacks Limited₹252₹3,145 cr61.2
ADF Foods Limited₹268₹2,942 cr42.6
Prataap Snacks Limited₹1,100₹2,581 cr30.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.82%
trailing 12 months
Dividend / share (TTM)
₹90.5
Last dividend
₹90.5
ex 31 Jul 2026
ActionDetailEx-date
Dividend₹90.5 / share31 Jul 2026
Dividend₹75 / share4 Aug 2025
Dividend₹73.5 / share5 Aug 2024
Dividend₹72 / share13 Apr 2023
Dividend₹56.5 / share20 Jun 2022
Dividend₹12.5 / share25 May 2021
Who owns it · 2026-06-30
No pledge
Promoter
50.5%
FII / Foreign
13.4%
DII / Domestic
20.9%
Retail / others
15.1%
Smart-money activity
Insider trades
SoldVarun Berry · Director24,425 · ₹8.7 cr24 Nov 20
SoldVarun Berry · Director45,241 · ₹16.1 cr23 Nov 20
SoldVarun Berry · Director55,000 · ₹19.6 cr20 Nov 20
Bulk / block deals
short · NSE29 Sep 26
short · NSE5,75026 Aug 26
short · NSE3,37725 Aug 26
Stake changes
BoughtLife Insurance Corporation of India→ 5.01% · 1.16 L18 Oct 23
BoughtLife Insurance Corporation of India→ 0.05% · 1.20 L9 Mar 22
BoughtLife Insurance Corporation of India→ 5.02% · 16,63210 Aug 18
What shareholders were asked to approve
2 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 7 Aug 2026
See the official result
1
Adoption of the Audited Financial Statements and the Reports of the Board of Directors and the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
7.18 cr votes for, 83,698 against · 0% of mutual funds and other big investors said no
2
Declaration of Final Dividend for the financial year ended March 31, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
7.40 cr votes for, 1,128 against · 0% of mutual funds and other big investors said no
3
Re-appointment of Mr. Ness N. Wadia (DIN:00036049) as a Non-Executive Non-Independent Director, liable to retire by rotation.
Backed by 72% of shareholders other than promotersneeded 50%
5.36 cr votes for, 2.04 cr against · 28% of mutual funds and other big investors said no
4
Ratification of Remuneration of the Cost Auditors of the Company for the financial year ending 31 March 2027.
Backed by 100% of shareholders other than promotersneeded 50%
7.40 cr votes for, 1,245 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 84 named members
owning 50.6% between them · as of 2026-06-30
ASSOCIATED BISCUITS INTERNATIONAL LIMITED44.76%
BANNATYNE ENTERPRISES PTE LTD1.16%
DOWBIGGIN ENTERPRISES PTE LTD1.16%
NACUPA ENTERPRISES PTE LTD1.16%
SPARGO ENTERPRISES PTE LTD1.16%
VALLETORT ENTERPRISES PTE LTD1.16%
NESS NUSLI WADIA0.01%
ABI HOLDINGS LIMITEDno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.