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เชญเชพเชฐเชคเชจเชพ เชซเซ‚เชก เชธเซ‡เช•เซเชŸเชฐ เชฎเชพเช‚ เช•เซเชฐเชพเช‚เชคเชฟ: 'เชซเชพเชฐเซเชฎ-เชŸเซ-เชถเซ‡เชฒเซเชซ' เชถเชฟเชซเซเชŸเชฅเซ€ เช…เชฆเชพเชฃเซ€ เชตเชฟเชฒเซเชฎเชฐ, เชชเชคเช‚เชœเชฒเชฟ เชซเซ‚เชกเซเชธ, เชฌเซเชฐเชฟเชŸเชพเชจเชฟเชฏเชพ เช‡เชจเซเชกเชธเซเชŸเซเชฐเซ€เชเชจเซ‡ เชตเซƒเชฆเซเชงเชฟ

Agriculture

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Published on 21st November 2025, 12:41 AM

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Author

Abhay Singh | Whalesbook News Team

Overview

เชญเชพเชฐเชคเชจเซ€ เชซเซ‚เชก เช‡เช•เซ‹เชธเชฟเชธเซเชŸเชฎ เช–เซ‡เชคเชฐเซ‹เชฅเซ€ เช†เช—เชณ เชตเชงเซ€เชจเซ‡ เชชเซเชฐเซ‹เชธเซ‡เชธเชฟเช‚เช—, เชชเซ‡เช•เซ‡เชœเชฟเช‚เช— เช…เชจเซ‡ เช†เชงเซเชจเชฟเช• เชธเชชเซเชฒเชพเชฏ เชšเซ‡เช‡เชจ เชคเชฐเชซ เชเชกเชชเชฅเซ€ เชตเชฟเช•เชธเซ€ เชฐเชนเซ€ เช›เซ‡. เชธเซเชงเชพเชฐเซ‡เชฒเชพ เชˆเชจเซเชซเซเชฐเชพเชธเซเชŸเซเชฐเช•เซเชšเชฐ, เชกเชฟเชœเชฟเชŸเชฒ เชŸเซ‚เชฒเซเชธ เช…เชจเซ‡ เชธเซเชตเชฟเชงเชพเชœเชจเช•, เชชเซ‡เช•เซ‡เชœเซเชก เชซเซ‚เชกเซเชธ เชฎเชพเชŸเซ‡ เชตเชงเชคเซ€ เชฎเชงเซเชฏเชฎเชตเชฐเซเช—เซ€เชฏ เชฎเชพเช‚เช—เชจเซ‡ เช•เชพเชฐเชฃเซ‡, เช† 'เชซเชพเชฐเซเชฎ-เชŸเซ-เชถเซ‡เชฒเซเชซ' เชชเชฐเชฟเชตเชฐเซเชคเชจ เชจเซ‹เช‚เชงเชชเชพเชคเซเชฐ เชฎเซ‚เชฒเซเชฏเชจเซเช‚ เชจเชฟเชฐเซเชฎเชพเชฃ เช•เชฐเซ€ เชฐเชนเซเชฏเซเช‚ เช›เซ‡. เชฎเซ‡เช•เช•เชฟเชจเซเชธเซ‡ เชฐเชฟเชชเซ‹เชฐเซเชŸ เชฆเชฐเซเชถเชพเชตเซ‡ เช›เซ‡ เช•เซ‡ เชฎเซ‹เชŸเซ€ เชธเซเช•เซ‡เชฒ, เชฎเชœเชฌเซ‚เชค เชตเชฟเชคเชฐเชฃ เช…เชจเซ‡ เชŸเซ‡เช•เชจเซ‹เชฒเซ‹เชœเซ€ เชงเชฐเชพเชตเชคเซ€ เช•เช‚เชชเชจเซ€เช“ เช† เชตเซƒเชฆเซเชงเชฟเชจเซ‡ เชตเซ‡เช— เช†เชชเซ€ เชฐเชนเซ€ เช›เซ‡. เช† เชฒเซ‡เช–เชฎเชพเช‚, เช…เชฆเชพเชฃเซ€ เชตเชฟเชฒเซเชฎเชฐ, เชชเชคเช‚เชœเชฒเชฟ เชซเซ‚เชกเซเชธ เช…เชจเซ‡ เชฌเซเชฐเชฟเชŸเชพเชจเชฟเชฏเชพ เช‡เชจเซเชกเชธเซเชŸเซเชฐเซ€เช เช† เชตเชฟเช•เชธเชคเชพ เชฒเซ‡เชจเซเชกเชธเซเช•เซ‡เชชเชฎเชพเช‚ เช•เซ‡เชตเซ€ เชฐเซ€เชคเซ‡ เชธเซเชฅเชพเชจ เชงเชฐเชพเชตเซ‡ เช›เซ‡, เชฆเชฐเซ‡เช• เช•เช‚เชชเชจเซ€ เช•เชพเชšเชพ เชฎเชพเชฒเชฅเซ€ เชฒเชˆเชจเซ‡ เช…เช‚เชคเชฟเชฎ เช‰เชคเซเชชเชพเชฆเชจเซ‹ เช—เซเชฐเชพเชนเช•เซ‹ เชธเซเชงเซ€ เชชเชนเซ‹เช‚เชšเชพเชกเชตเชพเชฎเชพเช‚ เชเช• เช…เชฒเช— เชญเซ‚เชฎเชฟเช•เชพ เชญเชœเชตเซ‡ เช›เซ‡ เชคเซ‡เชจเซเช‚ เชชเชฐเซ€เช•เซเชทเชฃ เช•เชฐเชตเชพเชฎเชพเช‚ เช†เชตเซเชฏเซเช‚ เช›เซ‡.

Britannia Industries Ltd

โ‚น 5,813-0.10%
21 Nov โ€“ close price
๐Ÿ”—britannia.co.inโ€ขBSE: 500825โ€ขNSE: BRITANNIA
Market Capโ‚น 1,40,014 Cr.
Current Priceโ‚น 5,813
High / Lowโ‚น 6,337
Stock P/E60.8
Book Valueโ‚น 136
Dividend Yield1.29 %
ROCE56.8 %
ROE58.0 %
Face Valueโ‚น 1.00
Salesโ‚น 17,818 Cr.
OPM18.1 %
Mar Capโ‚น 1,40,014 Cr.

ABOUT

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.

KEY POINTS

Part of Wadia Group[1]Britannia Industries belongs to the Wadia Group, a reputed Indian Business house who has presence in wide range of business segments like Airlines (Go Air), Realty ( Bombay Realty), Textiles ( Bombay Dyeing) and Plantations and other business (Bombay Burmah trading Corporation which is also the Ultimate holding company of Britannia Industries)

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Nestle India1280.7082.40246698.861.05753.20-1.885643.6110.5795.6621023.3822.972993.97753.2054.1127.100.10
2.Britannia Inds.5813.0060.81140014.331.29689.9534.104664.513.6456.7617817.8918.092302.45689.9542.8426.210.66
3.Bikaji Foods712.0082.8617896.810.1477.6819.72830.3015.1318.162808.8312.60215.9982.8011.9111.270.21
4.Zydus Wellness441.2049.8714043.410.27-52.80-256.82650.5031.976.162886.4013.28281.58-24.622.465.270.53
5.Bombay Burmah1862.3011.6513001.070.91565.97-4.854942.833.8235.5218858.4717.691115.85240.842.0817.900.39
6.Mrs Bectors1293.4058.397956.010.4636.51-6.24551.4211.1118.141962.5712.46136.2636.516.5410.730.15
7.Gopal Snacks333.55164.194152.370.3025.69-65.84375.66-6.7016.311408.894.0425.299.879.588.450.15
โ€“Median: 25 Co.260.2554.39565.120.053.6217.3162.6113.0516.31602.058.0523.263.623.548.450.25

Quarterly Results

Standalone figures in โ‚น crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
4,1914,0113,8953,8714,2894,1023,9244,0944,5014,4184,2834,4534,665
Expenses
3,5043,2213,1003,2043,4483,3103,1543,3663,7553,6083,5043,7323,750
Operating Profit
687790795667841793770728746810779721914
Other Income
6627653525347554352607254110
Profit before tax
658981761607782740727676695751746674913
Tax %
25%22%27%27%27%27%27%26%26%26%25%26%24%
Net Profit
493767558443570538530502514557557498690
EPS in Rs
20.4531.8423.1718.3923.6822.3522.0120.8421.3623.1323.1320.6928.64

Profit & Loss

Standalone Figures in โ‚น Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
6,3077,1767,7328,4149,30410,48210,98712,37913,37215,61816,18617,29617,818
Expenses
5,7116,3986,6087,2097,8948,8209,21610,02811,28212,87713,11514,23214,594
Operating Profit
5977781,1241,2061,4101,6621,7712,3512,0892,7423,0713,0643,224
Other Income
15224115143156191354293359448207226296
Interest
5111126598133155151137134
Depreciation
631178896120135152167170195271285301
Profit before tax
5438831,1491,2511,4451,7161,9082,3792,1452,8402,8552,8683,084
Net Profit
3706227638449481,1221,4841,7601,6032,1392,0822,1312,302
EPS in Rs
15.4225.9431.8035.1539.4846.7061.7373.0766.5688.8286.4488.4695.59
Dividend Payout %
39%31%31%31%32%32%57%216%85%81%85%85%โ€“

Compounded Sales Growth

10 Years:9%
5 Years:10%
3 Years:9%
TTM:7%

Compounded Profit Growth

10 Years:16%
5 Years:8%
3 Years:10%
TTM:9%

Stock Price CAGR

10 Years:15%
5 Years:10%
3 Years:12%
1 Year:20%

Return on Equity

10 Years:47%
5 Years:58%
3 Years:63%
Last Year:58%

Balance Sheet

Standalone figures in โ‚น crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
24242424242424242424242424
Reserves
8341,2151,9922,5583,2114,0154,2513,2952,3783,1573,5033,8623,244
Borrowings
01111011,2031,7982,1792,6642,0401,2182,169
Other Liabilities
9861,2221,0831,1141,3831,6131,7762,2982,4342,7942,8042,9153,145
Total Liabilities
1,8442,4623,1003,6964,6275,6537,2537,4167,0158,6388,3718,0208,582
Fixed Assets
5465266428391,0311,3281,4611,4041,3772,2932,4212,5632,549
Gross Block
939.331,000.70722.111,021.881,333.461,756.002,037.112,142.042,268.363,365.593,751.584,136.29โ€“
Accumulated Depreciation
393.67474.7680.32182.56302.19428.40576.58738.20890.931,072.131,330.411,573.37โ€“
CWIP
9748743020065391125351041878271
Investments
3736619216001,1861,6463,1412,9502,0243,3242,7712,8722,326
Other Assets
8291,2271,4622,2272,2102,6152,6132,9503,0782,9172,9912,5033,636
Total Assets
1,8442,4623,1003,6964,6275,6537,2537,4167,0158,6388,3718,0208,582

Cash Flows

Standalone Figures in โ‚น Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
6155158784021,1831,1141,6601,7921,2062,4422,2342,373
Cash from Investing Activity
-227-384-659-115-823-831-1,568486931-1,386508184
Cash from Financing Activity
-325-168-228-284-304-326-94-2,222-2,212-1,048-2,510-2,759
Net Cash Flow
62-37-9356-44-356-758232-203

Ratios

Standalone Figures in โ‚น Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
3455912867788
Inventory Days
352930423842354954414239
Days Payable
465251455560495951515955
Cash Conversion Cycle
-8-19-153-8-6-6-49-3-9-8
Working Capital Days
-18-18-13422302-21-30-30-30-23
ROCE %
65%68%71%55%50%47%41%47%47%53%53%57%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
50.55%50.55%50.55%50.55%50.55%50.55%50.55%50.55%50.55%50.55%50.55%50.55%
FIIs
18.46%19.44%21.29%19.66%18.99%18.23%17.41%17.91%16.46%15.72%15.58%15.02%
DIIs
15.08%14.22%12.46%13.84%14.84%15.63%16.69%16.37%17.58%18.26%18.65%19.39%
Public
15.90%15.79%15.69%15.94%15.62%15.57%15.36%15.18%15.41%15.48%15.20%15.03%

* The classifications might have changed from Sep'2022 onwards.โ„น๏ธ

Documents

Announcements

Announcement under Regulation 30 (LODR)-Newspaper Publication

2d - Newspaper Advertisement published today i.e., 19th November, 2025 regarding the special window for re-lodgement of the transfer requests of physical shares in accordance with SEBI โ€ฆ

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

11 Nov - 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 โ€ฆ

Intimation Under Regulation 30(5) Of The SEBI (LODR) Regulations, 2015

11 Nov - Furnishes KMP contact details (N. Venkataraman, T.V. Thulsidass) for SEBI Reg.30 disclosures, dated 11 Nov 2025.

Announcement under Regulation 30 (LODR)-Press Release / Media Release

10 Nov - CEO Varun Berry resigned effective 10 Nov 2025; Rakshit Hargave to join as CEO 15 Dec 2025; interim CEO assigned.

Announcement under Regulation 30 (LODR)-Change in Directorate

10 Nov - Varun Berry resigned effective 10 Nov 2025; Rakshit Hargave appointed CEO/MD from 15 Dec 2025 (5-year term), interim CEO named.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Financial Year 2012

(from nse)

Credit Ratings

Rating update

8 Oct from crisil

Rating update

30 Sep from crisil

Rating update

23 Oct 2024 from crisil

Rating update

1 Oct 2024 from crisil

Rating update

30 Sep 2024 from crisil

Rating update

19 Jul 2024 from icra

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