Britannia Industries
Market cap ₹1.09 L Cr
- P/E
- 41.97
- Day range
- ₹4,515.00 – ₹4,634.70
- 52-week range
- ₹4,515.00 – ₹6,271.00
- Volume
- 2.19 L
- Open
- ₹4,630.00
- Prev close
- ₹4,625.00
Latest results · Q1 FY27(consolidated)Revenue ₹5,000 Cr+8.2%Profit ₹593 Cr+14.1%Margin 11.9%YoY vs the same quarter last year
No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.
BRITANNIA in NSE indices and F&O
F&O margin for one lot of BRITANNIA (125 shares)Research profile
Composite 53 / 100Factor percentiles
Derived metrics
- Earn. yield
- 2.4%
- Graham no.
- ₹711.16
- vs Graham
- -84.3%
- ROE ÷ P/B
- 2.5%
- 12-1 mom.
- -15.2%
- Return / vol
- -1.12
- Magic Formula
- #153
- Piotroski
- 3/6
- FCF yield
- 2.2%
- PEG
- 1.95
Appears in 14 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 44 in FMCG| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Hindustan UnileverHINDUNILVR | ₹4.26 L Cr | 40.69 | 8.83 | 30.7% | 28.0% | 23.0% | 0.03 | +10.1% |
| ITCITC | ₹3.23 L Cr | 16.28 | 4.46 | 29.5% | 39.0% | 27.0% | 0.03 | -11.1% |
| Nestle IndiaNESTLEIND | ₹2.27 L Cr | 55.56 | 39.17 | 76.3% | 85.0% | 24.0% | 0.08 | +20.3% |
| Varun BeveragesVBL | ₹1.34 L Cr | 39.51 | 6.82 | 16.9% | 20.0% | 28.0% | 0.13 | +20.4% |
| Britannia IndustriesBRITANNIA | ₹1.09 L Cr | 41.97 | 21.82 | 53.6% | 56.0% | 17.0% | 0.27 | +8.2% |
| MaricoMARICO | ₹99,371 Cr | 52.64 | 23.64 | 44.3% | 47.0% | 21.0% | 0.13 | +22.9% |
| Tata Consumer ProductsTATACONSUM | ₹95,397 Cr | 58.35 | 4.38 | 7.4% | 9.0% | 14.0% | 0.13 | +11.9% |
| United SpiritsUNITDSPR | ₹88,899 Cr | 52.72 | 10.18 | 21.6% | 26.0% | 16.0% | 0.05 | -10.4% |
| Sector median | ₹14,410 Cr | 32.38 | 5.71 | 18.0% | 19.0% | 16.5% | 0.13 | +12.1% |
Sector as classified in the tracked universe; medians use every tracked FMCG company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 1d agoHeadlines about Britannia Industries from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 42.0
- EPS (TTM)
- ₹108.11
- Price / Book
- 21.41
- ROE (FY26)
- 53.6%
- ROCE (latest year)
- 56%
- Dividend yield
- 1.99%
Moving averages (NSE)
- 20-day
- ₹4,793.21
- Price below
- 50-day
- ₹5,049.23
- Price below
- 200-day
- ₹5,473.48
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- Promoter
- DII
- Public
- FII
- Government
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date. Not adjusted for the bonus of 25 May 2021: earlier bars are per pre-bonus share.
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,433 | 4,256 | 4,069 | 4,250 | 4,668 | 4,593 | 4,432 | 4,622 | 4,841 | 4,970 | 4,719 | 5,000 |
| Expenses | 3,562 | 3,437 | 3,286 | 3,497 | 3,888 | 3,750 | 3,632 | 3,870 | 3,889 | 3,992 | 3,885 | 4,162 |
| Operating Profit | 871 | 820 | 784 | 753 | 780 | 843 | 801 | 752 | 951 | 977 | 834 | 838 |
| OPM % | 20% | 19% | 19% | 18% | 17% | 18% | 18% | 16% | 20% | 20% | 18% | 17% |
| Other Income | 52 | 48 | 57 | 31 | 46 | 62 | 63 | 57 | 52 | 59 | 55 | 61 |
| Interest | 53 | 31 | 26 | 29 | 35 | 45 | 31 | 26 | 35 | 33 | 19 | 23 |
| Depreciation | 72 | 78 | 80 | 74 | 76 | 82 | 81 | 82 | 85 | 85 | 85 | 80 |
| Profit before tax | 799 | 758 | 735 | 681 | 715 | 778 | 752 | 701 | 884 | 919 | 785 | 797 |
| Tax % | 27% | 27% | 27% | 26% | 26% | 25% | 26% | 26% | 26% | 26% | 13% | 26% |
| Net Profit | 586 | 556 | 537 | 505 | 532 | 582 | 559 | 520 | 655 | 682 | 680 | 593 |
| EPS in Rs | ₹24.39 | ₹23.10 | ₹22.35 | ₹20.99 | ₹22.06 | ₹24.15 | ₹23.25 | ₹21.62 | ₹27.17 | ₹28.23 | ₹28.16 | ₹24.55 |
From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
+2 days since Mar 2021
-8 days since Mar 2021
-1 days since Mar 2021
-5 days since Mar 2021
-6 days since Mar 2021
Strengths, risks & growth
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.
Strengths
- Company has a good return on equity (ROE) track record: 3 Years ROE 54.4%
- Company has been maintaining a healthy dividend payout of 83.9%
Risks
- Stock is trading at 21.4 times its book value
- The company has delivered a poor sales growth of 7.83% over past five years.
Compounded Sales Growth
- 10 Years
- +9%
- 5 Years
- +8%
- 3 Years
- +6%
- TTM
- +7%
Compounded Profit Growth
- 10 Years
- +12%
- 5 Years
- +6%
- 3 Years
- +8%
- TTM
- +19%
Stock Price CAGR
- 10 Years
- +11%
- 5 Years
- +4%
- 3 Years
- 0%
- 1 Year
- -25%
Return on Equity
- 10 Years
- +46%
- 5 Years
- +56%
- 3 Years
- +54%
- Last Year
- +54%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 50.55% | 50.55% | 50.55% | 50.55% | 0.00 pp |
| FII | 14.88% | 15.63% | 13.40% | 12.94% | -0.46 pp |
| DII | 19.55% | 18.82% | 20.88% | 21.41% | +0.53 pp |
| Government | 0.03% | 0.05% | 0.05% | 0.06% | +0.01 pp |
| Public | 14.97% | 14.94% | 15.13% | 15.05% | -0.08 pp |
Filed with NSE for Sept 2026: promoters 50.55%, public 49.45% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 11.41% (-0.84 pp)- Promoters50.5%
- Foreign institutions12.9%
- Mutual funds11.4%
- Insurance5.0%
- Other domestic institutions5.1%
- Retail10.5%
- Others4.5%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| ICICI Pru Balanced Advantage Fund | 0.68% | 1.08% | -0.19 pp |
| ICICI Pru India Opp Fund | 0.68% | 2.03% | +0.28 pp |
| HDFC Flexi Cap Fund | 0.67% | 0.67% | -0.06 pp |
| ICICI Pru Large Cap Fund | 0.59% | 0.88% | -0.07 pp |
| Mirae Asset Large Cap Fund | 0.49% | 1.46% | -0.05 pp |
Scorecard
- Performance
- Low
- Valuation
- High
- Growth
- Low
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 19.5%
- Downside volatility
- 20.7%
- Worst 5% of days
- 2.3%
- Average of that tail
- 2.9%
- Max drawdown (1Y)
- 28.0%
- Below its peak
- 28.0%
Against the market
- Beta vs Nifty 50
- 0.64
- Correlation
- 0.44
- Relative strength (3M)
- -10.5%
- ATR (14)
- 2.2%
Return
- Return 1M
- -7.7%
- Return 3M
- -15.8%
- Return 6M
- -20.8%
- Return 1Y
- -21.8%
- vs 200-day average
- -17.1%
Momentum
- RSI (14) · oversold
- 29.6
- MACD histogram
- -11.21
- Stochastic %K
- 5.1
- ADX (14)
- 39.5
- +DI / −DI
- 10.8 / 28.3
- Money flow index
- 25.2
Participation
- Delivery (20d avg)
- 56.1%
- vs its 60-day baseline
- -0.1 pts
- Volume vs 20-day
- -0.2σ
- Close vs day's VWAP
- -0.3%
- 52-week position
- 0 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
Piotroski F-Score
3 of 6 tested
- Return on assets positive — passed
- Operating cash flow positive — not testableno cash flow statement for this period
- Return on assets improving — passed
- Cash flow exceeds profit — not testableneeds cash flow and profit against assets
- Debt to assets falling — failed
- Current ratio improving — passed
- No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
- Operating margin improving — failed
- Asset turnover improving — failed
- Free cash flow
- ₹2,406 Cr
- FCF yield
- 2.2%
- Cash conversion
- 1.03
- Accruals ratio
- -0.008
- Net debt
- ₹1,178 Cr
- Net debt / equity
- 0.23
- EV / sales
- 5.66
- PEG
- 1.95
- Capex intensity
- 1.1%
- Revenue CAGR
- 6.5%
- Profit CAGR
- 21.6%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Corporate actions
- dividend₹90.50
Dividend - Rs 90.50 Per Share
31 Jul 2026ex-date - dividend₹75.00
Dividend - Rs 75 Per Share
4 Aug 2025ex-date - dividend₹73.50
Annual General Meeting/ Dividend - Rs 73.5 Per Share
5 Aug 2024ex-date - otherNot available — not reported in this filing
Annual General Meeting
21 Aug 2023ex-date - dividend₹72.00
Interim Dividend - Rs 72 Per Share
13 Apr 2023ex-date - dividend₹56.50
Annual General Meeting/Dividend - Rs 56.50 Per Share
20 Jun 2022ex-date - otherNot available — not reported in this filing
Annual General Meeting
30 Aug 2021ex-date - dividend₹12.50
Dividend - Rs 12.50 Per Share Pursuant To Scheme
25 May 2021ex-date - bonusNot available — not reported in this filing
Scheme Of Arangement- Bonus - 1 Debenture For 1 Equity Share Held
25 May 2021ex-date - dividend₹62.00
Interim Dividend - Rs 62 Per Share
8 Apr 2021ex-date - dividend₹83.00
Interim Dividend - Rs 83 Per Share
26 Aug 2020ex-date - otherNot available — not reported in this filing
Annual General Meeting
29 Jun 2020ex-date - dividend₹35.00
Interim Dividend-Rs 35 Per Share
29 Apr 2020ex-date - bonusNot available — not reported in this filing
Scheme Of Arangement- Bonus - 1 Debenture For 1 Equity Share Held
22 Aug 2019ex-date - dividend₹15.00
Annual General Meeting/ Dividend - Rs 15 Per Share
1 Aug 2019ex-date - splitNot available — not reported in this filing
Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share
29 Nov 2018ex-date - dividend₹25.00
Annual General Meeting / Dividend- Rs 25 Per Share
27 Jul 2018ex-date - dividend₹22.00
Annual General Meeting/Dividend - Rs 22/- Per Share
28 Jul 2017ex-date - dividend₹20.00
Annual General Meeting/Dividend Rs 20/- Per Share
29 Jul 2016ex-date - dividend₹16.00
Annual General Meeting/Dividend - Rs 16/- Per Share
27 Jul 2015ex-date
Company announcements
Pursuant to Regulation 30 read with Clause 7 of Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015, this is to inform you that based on the recommendation of the Nomination ....
Pursuant to Regulation 30 read with Clause 7 of Para A of Schedule III of the SEBI Listing Regulations, 2015, this is to inform you that based on the recommendation of the Nomination and ....
Pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct to Regulate, Monitor and Report Trading by Insiders & Designated Persons, this ....
Pursuant to Regulation 30 read with Clause 3 of Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015, this is to inform you that Niche Ninety Nine Capability and Certifications ....
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Life Insurance Corporation of India
With reference to the subject cited above and our letter dated 10th September, 2026 regarding the Schedule of Analysts/Institutional Investors Meets, this is to inform you that due to unavoidable ....
Pursuant to Regulation 30 read with Clause 15 of Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015, this is to inform you that the Management of the Company will ....
Pursuant to Regulation 30 read with Clause 7 of Para A of Part A of Schedule III of the SEBI Regulations, 2015, this is to inform you that Mr. Susheel Navanale, Chief Information Officer ....
Pursuant to Regulation 30 read with Clause 3 of Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015, this is to inform you that Crisil ESG Ratings & Analytics Limited, ....
With reference to the subject cited above and our letter dated 11th August, 2026 regarding the Schedule of Analysts/ Institutional Investors Meets, this is to inform you that the one-to-one ....
With reference to the subject cited above and our letter dated 11th August, 2026 regarding the Schedule of Analysts/ Institutional Investors Meets, this is to inform you that the one-to-one ....
Pursuant to Regulation 30 read with Clause 15 of Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015, please find enclosed the Transcript of Investors/Analysts Conference ....
Pursuant to Regulation 30 read with Clause 15 of Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015, this is to inform you that the Management of the Company will participate ....
Pursuant to Regulation 30 read with Clause 13 of Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015, please find enclosed the summary of Proceedings of the 107th Annual ....
Voting Results of the 107th Annual General Meeting of Britannia Industries Limited.
Filed with BSE (scrip 500825); the last 45 days. Documents open at bseindia.com.
SEBI filings & orders
From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.
Regulatory orders
- Settlement order
Settlement Order in respect of Britannia Industries Ltd in the matter of Sharepro Services (I) Pvt Ltd
17 Sept 2020Read on SEBI - Settlement order
Settlement Order in respect of Britannia Industries Ltd
29 Apr 2020Read on SEBI
Documents
Annual reports
Earnings calls
- Aug 2026TranscriptSlidesRecording
- May 2026TranscriptSlidesRecording
- Feb 2026TranscriptSlidesRecording
- Nov 2025TranscriptSlidesRecording
- Aug 2025TranscriptSlidesRecording
- May 2025TranscriptSlides
Credit ratings
- Rating update · 6 Oct from crisil
- Rating update · 14 Aug from crisil
- Rating update · 8 Oct 2025 from crisil
- Rating update · 30 Sep 2025 from crisil
- Rating update · 23 Oct 2024 from crisil
- Rating update · 1 Oct 2024 from crisil
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 7 Aug 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.
Britannia Industries: common questions
Answered from the figures on this page.
