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Britannia Industries Ltd (BRITANNIA)

₹5212.250.54%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Britannia Industries Ltd share Performance

  • ₹5,127.25
    ₹5,265
    ₹5212.25
    downward going graph

    1.63%

    Low

    Day's Volatility:2.64%

    High

    1.01%

    downward going graph
  • ₹4,347.7
    ₹5,386.05
    ₹5212.25
    downward going graph

    16.59%

    Low

    52 Weeks Volatility:19.92%

    High

    3.33%

    downward going graph
1 Month Return+ 9.18 %
3 Month Return+ 6.86 %
1 Year Return+ 14.54 %
Previous Close₹5,240.70
Open₹5,265.00
Volume3.30L
Upper Circuit-
Lower Circuit-
Market Cap₹1,26,231.85Cr

Analyst Rating

based on 35 analysts

BUY
54.29%
Buy
34.29%
Hold
11.43%
Sell

Based on 35 analysts offering long term price targets for Britannia Industries Ltd. An average target of ₹5417.71

Source: S&P Global Market Intelligence

Company Information

Britannia Industries Ltd is an Indian food and beverage company founded in 1892 and incorporated on 23rd December 1918. It is headquartered in Bangalore, India, and is listed on the National Stock Exchange and Bombay Stock Exchange. Britannia Industries Ltd is engaged in the manufacture and sale of biscuits, bread, cakes, rusk, dairy products, and other food products. The company's top products include biscuits, bread, cakes, rusk, dairy products, and other food products. It also has a range of popular brands such as Good Day, Tiger, NutriChoice, Marie Gold, Milk Bikis, 50-50, Little Hearts, and Britannia.

Britannia Industries Ltd has a wide network of distributors, retailers and wholesalers across the country. It has a strong presence in the Indian market with its products being sold in over 5 million retail outlets. The company also has a strong international presence with its products being exported to over 60 countries.

Share Price: ₹5212.25 per share as on 27 May, 2024 04:01 PM
Market Capitalisation: ₹1,26,231.85Cr as of today
Revenue: ₹4,014.07Cr as on March 2024 (Q1 24)
Net Profit: ₹536.61Cr as on March 2024 (Q1 24)
Listing date: 03 Nov, 1994
Chairperson Name: Nusli N Wadia
OrganisationBritannia Industries Ltd
Headquarters
IndustryFMCG
E-voting on sharesClick here to vote

Key events for Britannia Industries Ltd

  • Global Brokerage Firms Maintain Rating and Target Price on Britannia Industries - 27 May, 2024

    Macquarie has the most aggressive target price of Rs 4400, translating to an upside of above 18%. Nomura maintained its neutral rating with a target price of Rs 4000. Jefferies maintained its buy rating with a target price of Rs 4150. Credit Suisse maintained its neutral rating with a target price of Rs 3725. JpMorgan maintained its overweight rating with a target price of Rs 4000.

  • Britannia Fined for Selling Underweight Biscuits - 23 May, 2024

    The District Consumer Disputes Redressal Commission in Thrissur has ordered Britannia Industries and a local bakery to pay ₹60,000 as compensation for selling biscuit packets that weighed significantly less than the declared weight.

  • Britannia Industries Stock Expected to Resume Upward Trend - 22 May, 2024

    Britannia Industries' stock has been consolidating after a sharp rise and is expected to continue its upward trend towards Rs 5,386 and beyond. The stock rose for the third consecutive session and is up 16.44% over the past year.

  • Britannia Stock Shows Positive Momentum Amid Rural Demand Recovery - 15 May, 2024

    Britannia Industries Ltd's stock is showing positive momentum with experts suggesting short-term traders buy for a target of Rs 5,500. Large FMCG brands including Britannia have indicated that demand recovery in rural areas is likely in coming quarters.

  • Analyst Recommends Buying Britannia Industries Ltd - 14 May, 2024

    Technical analyst Ruchit Jain recommends buying Britannia Industries Ltd as the stock is expected to rally higher in the near term. Traders are advised to buy the stock in the range of ₹5,130–5,100 for a potential target of ₹5,500 with a stop loss at ₹4,950.

  • Britannia Industries Expects Growth Post-Election Results - 12 May, 2024

    Britannia Industries' Vice Chairman and Managing Director, Varun Berry, has stated that the company expects a double-digit volume growth after the election results are out and the June-September monsoon is underway.

  • Britannia Industries Faces Pressure in Newer Markets - 11 May, 2024

    Britannia's executive vice-chairman, Varun Berry, stated that the company has faced pressure in newer markets as local brands expand. The stock's performance has stabilized recently.

  • Prabhudas Lilladher Recommends Holding Britannia Industries - 09 May, 2024

    Prabhudas Lilladher recommends holding Britannia Industries with a target price of Rs. 5315, citing improved margin guidance, double-digit volume growth guidance post elections and monsoons, and strong innovation pipeline. However, gross margins are near peak and expected to moderate in 2H25 due to rising wheat and Palmoil prices and packaging material costs.

  • Britannia Industries Rises as Revenue Grows in Q4FY24 - 08 May, 2024

    Britannia Industries' stock rose for a third consecutive session, while its Q4FY24 revenue grew by 3% YoY, driven by the non-biscuit portfolio which contributed 25% to total revenue. The company is operating at peak margin and expects no near-term margin catalysts. Reiterate Neutral with TP of INR5,250.

  • Britannia Aims for Double-Digit Growth Despite Inflationary Concerns - 07 May, 2024

    Despite a fall in consolidated net profit, Britannia Industries is optimistic about achieving double-digit volume growth post-elections and during the monsoon season. The company also plans to introduce a new Route-to-market (RTM 2.0) model aimed at growing non-biscuit businesses. Analysts recommend taking a long position with a Bull call spread option strategy.

  • Britannia Aims for Double-Digit Growth Despite Inflation - 06 May, 2024

    Despite a decline in Q4 net profit, Britannia Industries plans to achieve double-digit sales volume growth in FY25 with manageable inflation. The company also plans to grow its adjacency business by 1.5 times and capture double-digit volume growth.

  • Britannia Industries Reports Mixed Results for FY 2024 - 05 May, 2024

    Britannia Industries' FY 2024 revenue was in line with analyst estimates, but net income decreased by 7.8% YoY due to higher expenses. EPS also declined. The company's shares are down 1.2% from a week ago.

  • Britannia Industries Reports Decline in Q4 Net Profit - 04 May, 2024

    Britannia Industries' Q4 net profit declined by 3.65% YoY to Rs 538.28 crore while sales rose 3.14%. The company's board declared a dividend of Rs 73.5 per share for FY24.

  • Britannia Q4 Net Profit Declines Due to Price Cuts - 03 May, 2024

    Britannia Industries' Q4 net profit declined by 3.8% YoY to Rs 536.6 crore due to muted rural demand and price cuts undertaken during the quarter. Consolidated net sales increased by 3.1% YoY to Rs 4,014 crore. The company is expected to report a 1.5% decline in Q4 profit at Rs 551 crore.

  • Britannia Industries Poised for Subdued Q4 Earnings - 02 May, 2024

    Britannia Industries is set to report a decline in profits for the March quarter, with analysts citing pricing pressures and increased competition from unorganised players. The company's net profit is expected to fall almost 3% YoY to Rs 542 crore, while top-line growth will be around 2.4% to Rs 4,119 crore. Increased focus on the Rs 5 SKU and higher grammage are expected to drive volume growth.

Fundamentals of Britannia Industries Ltd

Insights on Britannia Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, BRITANNIA stock has moved up by 9.2%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 5.43% to 6.50% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Tata Consumer Products Ltd has given 69.3% return, outperforming this stock by 15.9%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 50.55% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Patanjali Foods Ltd has given 41.2% return, outperforming this stock by 26.7%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 18.99% to 18.23% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 4.48K Cr → 4.12K Cr (in ₹), with an average decrease of 4.1% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 15.49% to 15.45% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 587.59 Cr → 538.28 Cr (in ₹), with an average decrease of 4.3% per quarter

Britannia Industries Ltd Valuation

Britannia Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (38.77x)

March 23, 2020

Today (58.97x)

May 24, 2024

Industry (67.55x)

May 24, 2024

Highest (114.70x)

December 19, 2018

LowHigh

Mutual Fund Holdings

Funds Holdings
SBI Bluechip Fund Direct GrowthSBI Bluechip Fund Direct Growth2.74%
ICICI Prudential Balanced Advantage Fund Direct Plan GrowthICICI Prudential Balanced Advantage Fund Direct Plan Growth0.98%
Quant ELSS Tax Saver Growth Option Direct PlanQuant ELSS Tax Saver Growth Option Direct Plan4.22%
Quant Active Fund Growth Option Direct PlanQuant Active Fund Growth Option Direct Plan3.08%
ICICI Prudential Flexicap Fund Direct GrowthICICI Prudential Flexicap Fund Direct Growth1.47%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
50.55%
0.00
Foreign Institutions
18.23%
0.00
Mutual Funds
6.5%
0.00
Retail Investors
15.45%
0.00
Others
9.27%
0.00

Technicals of Britannia Industries Ltd share

News & Events of Britannia Industries Ltd

News

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Britannia Industries Ltd (BRITANNIA) share price today is ₹5212.25

Britannia Industries Ltd is listed on NSE

Britannia Industries Ltd is listed on BSE

  • Today’s highest price of Britannia Industries Ltd is ₹5265.
  • Today’s lowest price of Britannia Industries Ltd is ₹5127.25.

PE Ratio of Britannia Industries Ltd is 58.97

PE ratio = Britannia Industries Ltd Market price per share / Britannia Industries Ltd Earnings per share

Today’s traded volume of Britannia Industries Ltd(BRITANNIA) is 3.30L.

Today’s market capitalisation of Britannia Industries Ltd(BRITANNIA) is ₹126231.85Cr.

Britannia Industries Ltd(BRITANNIAPrice
52 Week High
₹5386.05
52 Week Low
₹4347.7

Britannia Industries Ltd(BRITANNIA) share price is ₹5212.25. It is down -3.23% from its 52 Week High price of ₹5386.05

Britannia Industries Ltd(BRITANNIA) share price is ₹5212.25. It is up 19.89% from its 52 Week Low price of ₹4347.7

Britannia Industries Ltd(BRITANNIAReturns
1 Day Returns
-28.45%
1 Month Returns
9.18%
3 Month Returns
6.86%
1 Year Returns
14.54%