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Britannia Industries Ltd (BRITANNIA)

₹5829.51.94%

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Overview
News
Financials
Q1 2024 Results
Technicals
F&O

Analyst Rating

based on 35 analysts

BUY

51.43%

Buy

37.14%

Hold

11.43%

Sell

Based on 35 analysts offering long term price targets for Britannia Industries Ltd. An average target of ₹5475.63

Source: S&P Global Market Intelligence

Britannia Industries Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹5,815
    ₹5,974.4
  • 52 Week's Low

    52 Week's High

    ₹4,347.7
    ₹6,005
1 Month Return+ 12.21 %
3 Month Return+ 23.11 %
1 Year Return+ 19.64 %
Previous Close₹5,944.75
Open₹5,949.40
Volume2.34L
Upper Circuit-
Lower Circuit-
Market Cap₹1,43,190.18Cr

Key Statistics

P/E Ratio66.89
PEG Ratio-8.9
Market Cap₹1,43,190.18 Cr
P/B Ratio33.55
EPS57.95

Mutual Fund Holdings

Funds HoldingsPrev. 6M
SBI Bluechip Fund Direct GrowthSBI Bluechip Fund Direct Growth2.9%
ICICI Prudential Balanced Advantage Fund Direct Plan GrowthICICI Prudential Balanced Advantage Fund Direct Plan Growth1.04%
Quant ELSS Tax Saver Growth Option Direct PlanQuant ELSS Tax Saver Growth Option Direct Plan4.3%
Quant Active Fund Growth Option Direct PlanQuant Active Fund Growth Option Direct Plan3.21%
Invesco India Contra Fund Direct Plan GrowthInvesco India Contra Fund Direct Plan Growth1.54%

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: ₹5829.50 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,43,190.18Cr 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
Good Day Biscuits Share Price
Britannia Tiger Share Price
Britannia Crackers Share Price
Bourbon Share Price
Marie Gold Share Price
Little Hearts Share Price
Britannia Marie Gold Share Price
Britannia Little Hearts Share Price
Good Day Share Price

Key events for Britannia Industries Ltd

  • Rural Boost May Benefit Britannia Industries - 23 Jul, 2024

    Britannia Industries is among the FMCG companies that could benefit from a boost to the rural economy, which accounts for approximately 35% of FMCG sales.

  • Britannia Launches Digital Encyclopaedia for Cheese - 22 Jul, 2024

    Britannia Industries has partnered with Times Network and Mindshare to launch Cheeseitup.in, a digital encyclopaedia for cheese that includes a quick commerce platform allowing consumers to purchase Britannia's Laughing Cow cheese products seamlessly.

  • Britannia Industries Ltd Rises for Fifth Straight Session - 11 Jul, 2024

    Britannia Industries Ltd stock has risen around 6.08% in the last one month and is up by 0.25% on the day, while Nifty FMCG index has risen around 3.43% in the last one month.

  • Britannia Witnesses Build of Fresh Long Positions - 10 Jul, 2024

    Britannia Industries witnessed a build of fresh long positions in Wednesday's trading session, resulting in a gain of 1.71% in stock price and an increase of 5.48% in open interest.

  • Britannia Industries Rises for Third Straight Session - 09 Jul, 2024

    Britannia Industries Ltd's stock continues its upward trend, rising for the third consecutive session and gaining 1.42% to reach Rs 5647.9 on NSE. The stock has added approximately 2.91% over the past month.

  • Urjit Patel Appointed as Additional Director by Britannia Industries - 03 Jul, 2024

    Former RBI Governor, Urjit Patel has been appointed as an additional non-executive independent director of Britannia Industries for a term of five years. The appointment is subject to board approval at the upcoming Annual General Meeting scheduled on August 12, 2024.

  • Britannia Industries Appoints Urjit Patel and Sunil Lalbhai as Additional Directors - 02 Jul, 2024

    Britannia Industries has appointed former RBI Governor Urjit Patel and Sunil Siddharth Lalbhai as additional non-executive independent directors for a term of five years, subject to shareholder approval.

  • ITC Overtakes Britannia as Second-Largest Packaged Foods Company in India - 29 Jun, 2024

    ITC has surpassed Britannia Industries to become India's second-largest listed packaged foods company by sales, trailing only behind Nestle. Meanwhile, Britannia has found strong support at the 5,290 level and is trading positively.

  • Britannia Industries Not Moving Corporate Office Out of West Bengal - 27 Jun, 2024

    The management of Britannia Industries has informed the Special Advisor to Chief Minister of West Bengal on Finance that the company is not moving its corporate office out of West Bengal. Talks are ongoing between the management and contractual employees of the Taratala factory for a settlement.

  • Britannia's Iconic Factory Shuts Down in Kolkata - 26 Jun, 2024

    All permanent workers at Britannia Industries' historic Taratala factory in Kolkata have accepted voluntary retirement, sparking concerns about the flight of industry from West Bengal.

  • Uncertainty Surrounds Britannia Industries' Kolkata Plant Closure - 25 Jun, 2024

    Britannia Industries has closed its Taratala factory in Kolkata and offered voluntary retirement schemes to all workers. The fate of the unit remains unknown, but the West Bengal government and Amit Mitra have confirmed that the company is committed to building operations in the state.

  • Britannia Workers Accept VRS for Factory Closure - 24 Jun, 2024

    All permanent workers at Britannia Industries' Taratala factory in Kolkata have accepted the voluntary retirement scheme (VRS), resulting in a complete workforce exit. The move has triggered speculation about a possible shutdown of the unit, but the company has assured stakeholders that this will not have a material impact on its business operations.

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

    Best in 3 Years

    img

    In the last 3 years, BRITANNIA has outperformed top 5 stocks with highest market-cap in Food Processing

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, BRITANNIA stock has moved up by 1.3%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 6.50% to 7.09% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Tata Consumer Products Ltd has given 45.6% return, outperforming this stock by 26.0%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 18.23% to 17.41% in Jun 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

    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

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 15.45% to 15.23% in Jun 2024 quarter

Britannia Industries Ltd Infographics

Britannia Industries Ltd Q4 FY2023-2024 Results: Key Insights

Britannia Industries share surges almost 7% after Q4 results

  • Britannia Industries share surges almost 7% after Q4 results
  • Revenue Stands at 4,014 crore for Q4 2024
  • Net profit drops by 4% in Q4
  • EPS for Q4 stands at 22.35
  • Price hike coming: After the monsoon, Britannia expects to raise prices by 3-4%

News

New Britannia Tech Park industrial/flex development in San Diego’s Otay Mesa submarket welcomes first tenant

Cushman & Wakefield announced the firm has brokered the lease of 50,573 square feet of Class A industrial space at the newly built Britannia Tech Park in San Di... Read more

23 Jul, 2024 04:31 PM

Britannia Bridge: A55 drivers facing seven weeks of disruption while sign is replaced

Westbound A55 traffic is facing more disruption in Gwynedd over the coming weeks when an ageing matrix sign is replaced. Overnight lane and carriageway closures... Read more

24 Jul, 2024 02:15 PM

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹4,014.07Cr
↓4.24%
Net Income
₹536.61Cr
↓3.43%
Net Profit Margin
13.37%
↑0.83%
2024Y/Y Change
Revenue
₹16,769.27Cr
↑2.88%
Net Income
₹2,134.22Cr
↓7.86%
Net Profit Margin
12.73%
↓10.42%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹8,430.27Cr
↓2.94%
Total Liabilities
₹4,902.75Cr
↓10.93%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹2,233.73Cr
↓8.53%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
50.55%
0.00
Foreign Institutions
17.41%
-4.51
Mutual Funds
7.09%
9.04
Retail Investors
15.23%
-1.45
Others
9.73%
4.96

Key Indicators

Britannia Industries Ltd Valuation

Britannia Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (38.77x)

March 23, 2020

Today (66.89x)

July 23, 2024

Industry (69.53x)

July 23, 2024

Highest (114.70x)

December 19, 2018

LowHigh

Earnings and Dividends

  • Britannia Industries Ltd Earnings Results

    Britannia Industries Ltd’s net profit fell -3.65% since last year same period to ₹538.28Cr in the Q4 2023-2024. On a quarterly growth basis, Britannia Industries Ltd has generated -3.25% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Britannia Industries Ltd Dividends May,2024

    In the quarter ending March 2024, Britannia Industries Ltd has declared dividend of ₹73.50 - translating a dividend yield of 1.24%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Britannia Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Britannia Industries Ltd (BRITANNIA) share price today is ₹5829.5

Britannia Industries Ltd is listed on NSE

Britannia Industries Ltd is listed on BSE

  • Today’s highest price of Britannia Industries Ltd is ₹5974.4.
  • Today’s lowest price of Britannia Industries Ltd is ₹5815.

PE Ratio of Britannia Industries Ltd is 66.89

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 2.34L.

Today’s market capitalisation of Britannia Industries Ltd(BRITANNIA) is ₹143190.18Cr.

Britannia Industries Ltd(BRITANNIAPrice
52 Week High
₹6005
52 Week Low
₹4347.7

Britannia Industries Ltd(BRITANNIA) share price is ₹5829.5. It is down -2.92% from its 52 Week High price of ₹6005

Britannia Industries Ltd(BRITANNIA) share price is ₹5829.5. It is up 34.08% from its 52 Week Low price of ₹4347.7

Britannia Industries Ltd(BRITANNIAReturns
1 Day Returns
-115.25%
1 Month Returns
12.21%
3 Month Returns
23.11%
1 Year Returns
19.64%