Britannia Industries Ltd
NSE: BRITANNIA · Packaged Foods · sector
₹4,580.00NSE close 2026-10-26
Key numbers
Market cap₹1,10,332 cr
Price₹4,580.00
52w high / low₹6,271 / ₹4,580
P/E42.4xSector median 33.2x
P/B21.6xSector median 2.2x
Book value₹212.0
Dividend yield1.64%Sector median 0.65%
ROE55.0%Sector median 8.8%
ROCE54.5%Sector median 9.6%
OPM18.6%Sector median 9.2%
Debt / equity0.27xSector median 0.16x
EV/EBITDA30.2xSector median 18.4x
Interest cover32.2x
Current ratio1.12x
Sales growth 3y+5.5%Sector median +14.9%
Profit growth 3y+3.0%Sector median +19.1%
PEG14.36x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 45 companies in Packaged Foods (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1,991 cr vs borrowings ₹1,358 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 32.2x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 9% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹4,580.00 on 2026-10-26: -27.0% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹6,338.15 · low ₹4,580.00
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,668 | 4,593 | 4,432 | 4,622 | 4,841 | 4,970 | 4,719 | 5,000 |
| EBITDA | 783 | 845 | 805 | 757 | 955 | 980 | 853 | 840 |
| OPM % | 16.8% | 18.4% | 18.2% | 16.4% | 19.7% | 19.7% | 18.1% | 16.8% |
| Other income | 46 | 62 | 63 | 57 | 52 | 59 | 55 | 61 |
| Net profit | 531 | 582 | 560 | 521 | 654 | 680 | 678 | 591 |
| EPS (₹) | 22.06 | 24.15 | 23.25 | 21.62 | 27.17 | 28.23 | 28.16 | 24.55 |
| Revenue YoY | +3.7% | +8.2% | +6.5% | +8.2% | ||||
| Profit YoY | +23.1% | +16.9% | +21.1% | +13.6% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 14,136 | 16,301 | 16,769 | 17,943 | 19,152 | 19,529 |
| EBITDA | 2,201 | 3,207 | 3,167 | 3,162 | 3,544 | 3,627 |
| Net profit | 1,525 | 2,322 | 2,140 | 2,179 | 2,533 | 2,604 |
| EPS (₹) | 63.31 | 96.39 | 88.84 | 90.45 | 105.18 | 108.11 |
| Revenue growth | +15.3% | +2.9% | +7.0% | +6.7% | +6.6% | |
| Profit growth | +52.3% | -7.8% | +1.8% | +16.3% | +18.7% | |
| Dividend / share (₹) | 74.50 | 56.50 | 72.00 | 73.50 | 75.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +5.5% | +9.1% | +6.6% |
| Net profit | +3.0% | +7.6% | +18.7% |
| EPS | +3.0% | +7.5% | – |
| Share price | – | -10.0% (2y) | -22.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 3,534 | 3,942 | 4,356 | 5,107 |
| Borrowings | – | 2,981 | 2,041 | 1,225 | 1,358 |
| Cash & equivalents | – | 1,999 | 2,143 | 1,424 | 1,991 |
| Total assets | – | 9,353 | 9,074 | 8,839 | 9,732 |
| Fixed assets | – | 2,472 | 2,603 | 2,735 | 2,673 |
| Capital work in progress | – | 105 | 188 | 89 | 39 |
| Investments | – | 1,028 | 578 | 1,270 | 1,518 |
| Receivables | – | 329 | 393 | 449 | 469 |
| Inventory | – | 1,193 | 1,181 | 1,237 | 1,346 |
| Payables | – | 1,449 | 1,627 | 1,752 | 1,896 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 1,300 | 2,526 | 2,573 | 2,481 | 2,612 |
| Cash from investing | 911 | -1,517 | 476 | 84 | -757 |
| Cash from financing | -2,246 | -1,028 | -2,830 | -2,762 | -1,783 |
| Capex | 550 | 711 | 562 | 375 | 206 |
| Free cash flow | 749 | 1,815 | 2,011 | 2,106 | 2,406 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 65.7% | 54.3% | 50.0% | 49.6% |
| ROCE % | – | 49.1% | 51.5% | 55.1% | 53.1% |
| Debtor days | – | 7 | 9 | 9 | 9 |
| Inventory days | – | 45 | 45 | 43 | 44 |
| Payable days | – | 55 | 63 | 60 | 62 |
| Cash conversion cycle (days) | – | -3 | -9 | -8 | -9 |
| Working capital days | – | 13 | 16 | 6 | 9 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 50.55% |
| FIIs | 12.94% |
| DIIs | 21.47% |
| of which Mutual funds | 11.41% |
| of which Insurance | 4.98% |
| Government | 0.00% |
| Public (non-institutions) | 15.04% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 50.55% | 50.55% | 50.55% | 50.55% | 50.55% | 50.55% | 50.55% | 50.55% |
| Promoter group | % |
|---|---|
| Associated Biscuits International Limited | 44.76% |
| Bannatyne Enterprises PTE Ltd | 1.16% |
| Dowbiggin Enterprises PTE Ltd | 1.16% |
| Nacupa Enterprises PTE Ltd | 1.16% |
| Valletort Enterprises PTE Ltd | 1.16% |
| Spargo Enterprises PTE Ltd | 1.16% |
| Ness Nusli Wadia | 0.01% |
| Maureen Nusli Wadia | 0.00% |
| The Bombay Burmah Trading Corporation Limited | 0.00% |
| Afco Industrial and Chemicals Limited | 0.00% |
| Bombay Burmah Trading Employees Welfare Company Limited | 0.00% |
| Boyztoyz Trading Company Private Limited | 0.00% |
| C Enfants Retail Private Limited | 0.00% |
| Cincinnati Investment and Trading Company Private Limited | 0.00% |
| Cosmos Leonis Private Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| ICICI Prudential Mutual Fund - ICICI Prudential NI | 4.21% |
| Qualified Institutional Buyer | 4.19% |
| Life Insurance Corporation of India | 3.80% |
| HDFC Trustee Company Limited-hdfc Flexi CAP Fund | 1.84% |
| Lici Ulip-growth Fund | 1.42% |
| NPS Trust-a/c Aditya Birla SUN Life Pension Fund M | 1.01% |
2,65,870 shareholders. Pledged: 0.00% of promoter shares.
Peers in Packaged Foods
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| NESTLEIND | ₹2,26,287 cr | 55.5x | 39.2x | 79.9% | 95.7% | 24.4% | – | 1.02% |
| BRITANNIA | ₹1,10,332 cr | 42.4x | 21.6x | 55.0% | 54.5% | 18.6% | +5.5% | 1.64% |
| ZYDUSWELL | ₹15,076 cr | 80.1x | 2.6x | 3.3% | 4.1% | 12.2% | +20.7% | 0.25% |
| BIKAJI | ₹11,645 cr | 45.0x | 7.2x | 17.3% | 20.1% | 13.3% | +15.1% | 0.21% |
| BBTC | ₹8,069 cr | 6.3x | 1.1x | 20.4% | 42.0% | 18.3% | +5.5% | 12.53% |
| BECTORFOOD | ₹5,687 cr | 38.3x | 4.5x | 12.2% | 14.9% | 12.8% | +14.5% | 0.65% |
| GOPAL | ₹2,996 cr | 35.7x | 6.3x | 19.0% | 19.0% | 9.7% | – | 0.05% |
| ADFFOODS | ₹2,631 cr | 28.6x | 4.6x | 17.3% | 21.6% | 18.1% | +14.9% | 0.50% |
| DIAMONDYD | ₹2,451 cr | 213.1x | 3.5x | 1.6% | 3.2% | 4.5% | +1.4% | 0.05% |
| SUNDROP | ₹2,391 cr | 85.7x | 1.6x | 2.0% | 2.8% | 4.4% | +22.2% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-31 | Dividend | Dividend - Rs 90.50 Per Share |
| 2025-08-04 | Dividend | Dividend - Rs 75 Per Share |
| 2024-08-05 | Dividend | Annual General Meeting/ Dividend - Rs 73.5 Per Share |
| 2023-08-21 | Other | Annual General Meeting |
| 2023-04-13 | Dividend | Interim Dividend - Rs 72 Per Share |
| 2022-06-20 | Dividend | Annual General Meeting/Dividend - Rs 56.50 Per Share |
| 2021-08-30 | Other | Annual General Meeting |
| 2021-05-25 | Bonus | Scheme Of Arangement- Bonus - 1 Debenture For 1 Equity Share Held |
| 2021-05-25 | Dividend | Dividend - Rs 12.50 Per Share Pursuant To Scheme |
| 2021-04-08 | Dividend | Interim Dividend - Rs 62 Per Share |
| 2020-08-26 | Dividend | Interim Dividend - Rs 83 Per Share |
| 2020-06-29 | Other | Annual General Meeting |
| 2020-04-29 | Dividend | Interim Dividend-Rs 35 Per Share |
| 2019-08-22 | Bonus | Scheme Of Arangement- Bonus - 1 Debenture For 1 Equity Share Held |
| 2019-08-01 | Dividend | Annual General Meeting/ Dividend - Rs 15 Per Share |
| 2018-11-29 | Split | Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share |
| 2018-07-27 | Dividend | Annual General Meeting / Dividend- Rs 25 Per Share |
| 2017-07-28 | Dividend | Annual General Meeting/Dividend - Rs 22/- Per Share |
| 2016-07-29 | Dividend | Annual General Meeting/Dividend Rs 20/- Per Share |
| 2015-07-27 | Dividend | Annual General Meeting/Dividend - Rs 16/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Fast-Moving Consumer Goods (‘FMCG’): Manufacturing, Trading and Selling of food products
| Sector | Fast Moving Consumer Goods |
| Industry | Packaged Foods |
| Sub-industry | Packaged Foods |
| Symbol | BRITANNIA |
| BSE code | 500825 |
| ISIN | INE216A01030 |
| Face value | ₹1.0 |
| Incorporated | 1918-03-21 |
| Website | www.britannia.co.in |
| Plants (India / abroad) | 20 / 4 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.