Britannia Industries

    BRITANNIA
    FMCG
    ₹4962.00
    price as of 11/9/2026, 5:27:57 pm

    Market cap ₹1.20 L Cr

    P/E
    45.86
    Day range
    ₹4,945.00 – ₹5,012.50
    52-week range
    ₹4,945.00 – ₹6,285.50
    Volume
    1.95 L
    Open
    ₹4,996.00
    Prev close
    ₹5,009.00
    Promoters pledged 1.7% of their shares
    52-week range, adjusted for splits and bonuses
    ₹4,997₹6,319.5
    10 Sept 202611 Sept 2025
    Index membership & F&O
    NIFTY NEXT 50NIFTY 100NIFTY 200NIFTY 500NIFTY FMCGF&O lot 125

    Price history

    6M change -16.20%RSI (14) 28.1 OversoldSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 51.3% today vs 57.9% average · BSE close ₹4,970

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹4,800₹5,100₹5,400₹5,700₹6,0000%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Neutral
    Near-month future
    ₹4,988.5
    Change
    -0.27%
    Basis over spot
    +₹26.47
    Futures OI (shares)
    22.8 L
    OI change
    -0.40%
    Put-call ratio
    0.60
    Max pain
    ₹5,200
    Resistance (call OI)
    ₹5,500
    Support (put OI)
    ₹4,900
    Lot size
    125

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    44004600475049005050520053505500565058005950060,0001.2 L1.8 L2.4 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    47.6
    EPS (TTM)
    ₹108.11
    Price / Book
    24.01
    ROE (FY26)
    53.6%
    ROCE (latest year)
    56%
    Dividend yield
    1.78%
    Net margin (TTM)
    13.4%
    Current ratio
    1.12
    Debt / Equity
    0.06
    Revenue growth (5y)
    7.8%
    EPS growth (5y)
    6.3%

    Moving averages (NSE)

    Simple moving averages of the NSE price, and where the last price sits against each
    5-day10-day20-day50-day100-day300-day
    ₹5,127.3Price below₹5,218.55Price below₹5,364.75Price below₹5,391.43Price below₹5,393.24Price below₹5,640.56Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +5.5%
    Profit 3Y CAGR
    +3.1%
    Revenue YoY (Jun 2026)
    +8.2%
    Profit YoY (Jun 2026)
    +14.0%
    Operating margin
    17.0%
    Net margin
    11.9%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr1.5K Cr3.0K Cr4.5K Cr6.0K Cr0%5%10%15%20%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • Public
    • FII
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-3.0K Cr-1.5K Cr0 Cr1.5K Cr3.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%20%40%60%80%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr1.5K Cr3.0K Cr4.5K Cr6.0K Cr0.0x0.3x0.5x0.8x1.0x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales4,4334,2564,0694,2504,6684,5934,4324,6224,8414,9704,7195,000
    Expenses3,5623,4373,2863,4973,8883,7503,6323,8703,8893,9923,8854,162
    Operating Profit871820784753780843801752951977834838
    OPM %20%19%19%18%17%18%18%16%20%20%18%17%
    Other Income524857314662635752595561
    Interest533126293545312635331923
    Depreciation727880747682818285858580
    Profit before tax799758735681715778752701884919785797
    Tax %27%27%27%26%26%25%26%26%26%26%13%26%
    Net Profit586556537505532582559520655682680593
    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 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    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 23.4 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
    +3%
    1 Year
    -21%

    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

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter50.55%50.55%50.55%50.55%0.00 pp
    FII15.02%14.88%15.63%13.40%-2.23 pp
    DII19.39%19.55%18.82%20.88%+2.06 pp
    Government0.01%0.03%0.05%0.05%0.00 pp
    Public15.03%14.97%14.94%15.13%+0.19 pp

    Filed with NSE for Jun 2026: promoters 50.55%, public 49.45% · XBRL filing

    Analysts & fund holdings

    73%
    73% recommend buy
    33 analysts cover the stock
    Valuation vs Food Products
    P/E45.9 vs 35.9
    Sector P/B7.51
    Beta0.90

    Who holds the shares, quarter by quarter

    Mutual funds 12.25% (+1.86 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters50.5%
    • Foreign institutions13.4%
    • Mutual funds12.3%
    • Insurance3.9%
    • Other domestic institutions4.8%
    • Retail10.5%
    • Others4.6%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    ICICI Pru Balanced Advantage Fund0.66%1.12%-0.15 pp
    HDFC Flexi Cap Fund0.61%0.70%-0.03 pp
    ICICI Pru India Opp Fund0.61%2.04%+0.29 pp
    ICICI Pru Large Cap Fund0.57%0.91%-0.04 pp
    ICICI Pru Focused Fund0.47%3.41%-0.38 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.

    Corporate actions

    • dividend
      ₹90.50

      Dividend - Rs 90.50 Per Share

      31 Jul 2026
      ex-date
    • dividend
      ₹75.00

      Dividend - Rs 75 Per Share

      4 Aug 2025
      ex-date
    • dividend
      ₹73.50

      Annual General Meeting/ Dividend - Rs 73.5 Per Share

      5 Aug 2024
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      21 Aug 2023
      ex-date
    • dividend
      ₹72.00

      Interim Dividend - Rs 72 Per Share

      13 Apr 2023
      ex-date
    • dividend
      ₹56.50

      Annual General Meeting/Dividend - Rs 56.50 Per Share

      20 Jun 2022
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      30 Aug 2021
      ex-date
    • dividend
      ₹12.50

      Dividend - Rs 12.50 Per Share Pursuant To Scheme

      25 May 2021
      ex-date
    • bonus
      Not available — not reported in this filing

      Scheme Of Arangement- Bonus - 1 Debenture For 1 Equity Share Held

      25 May 2021
      ex-date
    • dividend
      ₹62.00

      Interim Dividend - Rs 62 Per Share

      8 Apr 2021
      ex-date
    • dividend
      ₹83.00

      Interim Dividend - Rs 83 Per Share

      26 Aug 2020
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      29 Jun 2020
      ex-date
    • dividend
      ₹35.00

      Interim Dividend-Rs 35 Per Share

      29 Apr 2020
      ex-date
    • bonus
      Not available — not reported in this filing

      Scheme Of Arangement- Bonus - 1 Debenture For 1 Equity Share Held

      22 Aug 2019
      ex-date
    • dividend
      ₹15.00

      Annual General Meeting/ Dividend - Rs 15 Per Share

      1 Aug 2019
      ex-date
    • split
      Not available — not reported in this filing

      Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share

      29 Nov 2018
      ex-date
    • dividend
      ₹25.00

      Annual General Meeting / Dividend- Rs 25 Per Share

      27 Jul 2018
      ex-date
    • dividend
      ₹22.00

      Annual General Meeting/Dividend - Rs 22/- Per Share

      28 Jul 2017
      ex-date
    • dividend
      ₹20.00

      Annual General Meeting/Dividend Rs 20/- Per Share

      29 Jul 2016
      ex-date
    • dividend
      ₹16.00

      Annual General Meeting/Dividend - Rs 16/- Per Share

      27 Jul 2015
      ex-date

    Bulk & block deals

    Large deals reported to NSE in this stock
    DateClientTypeQuantityPrice
    12 Sept 2025Short sale5

    Deals of more than 0.5% of shares (bulk), large single trades (block) and short sales, as NSE reports them.

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    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 ....

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    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 ....

    Company Update
    Disclosure Of Environmental, Social And Governance ('ESG') Rating Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015.

    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, ....

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    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 ....

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    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 ....

    Company Update
    Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    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 ....

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    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 ....

    Company Update
    Summary Of Proceedings Of The 107Th Annual General Meeting Of The Company Held On 7Th August, 2026 At 3:30 P.M. IST

    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 ....

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    Voting Results of the 107th Annual General Meeting of Britannia Industries Limited.

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Outcome of the 107th Annual General Meeting of Britannia Industries Limited.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    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 the link for the Audio Recording of Investors/Analysts ....

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Advertisement for the Unaudited Consolidated and Standalone Financial results of the Company for the quarter ended 30th June, 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Investor Presentation

    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 copy of Investors/Analysts Conference Call ....

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    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 ....

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Directorate

    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 ....

    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 2020
      Read on SEBI
    • Settlement order

      Settlement Order in respect of Britannia Industries Ltd

      29 Apr 2020
      Read on SEBI

    Documents

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 6 Feb 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.