Britannia Industries Ltd’s fundamental analysis highlights key financial metrics including market capitalization of ₹137,244.35 crore, PE ratio of 64.14, debt-to-equity ratio of 52.07, and return on equity of 56.83%. These figures reflect the company’s financial health and current market valuation.
Content:
- Britannia Industries Ltd Overview
- Britannia Industries Financial Results
- Britannia Industries Financial Analysis
- Britannia Industries Company Metrics
- Britannia Industries Stock Performance
- Britannia Industries Peer Comparison
- Britannia Industries Shareholding Pattern
- Britannia Industries History
- How To Invest In Britannia Industries Ltd Share?
- Britannia Industries Limited Fundamental Analysis – FAQs
Britannia Industries Ltd Overview
Britannia Industries Ltd is a leading Indian food products company. It operates in the fast-moving consumer goods (FMCG) sector, specializing in the manufacturing and sale of various food products including biscuits, dairy, breads, rusk, cakes, and snacks.
The company has a market capitalization of ₹137,244.35 crore and is listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Currently, the stock is trading 5.39% below its 52-week high and 31.06% above its 52-week low.
Britannia Industries Financial Results
Britannia Industries Ltd showed steady financial growth from FY 22 to FY 24, with sales increasing from ₹14,136 crores to ₹16,769 crores and net profit rising from ₹1,516 crores to ₹2,134 crores. The company maintained strong profitability and stable EPS over the years.
1. Revenue Trend: Sales increased from ₹14,136 crores in FY 22 to ₹16,301 crores in FY 23, and further to ₹16,769 crores in FY 24, indicating steady revenue growth.
2. Equity and Liabilities: The table shows an increase in interest expenses from ₹144.29 crores in FY 22 to ₹164 crores in FY 24, suggesting stable liabilities or borrowing.
3. Profitability: Operating Profit Margin (OPM) improved from 16% in FY 22 to 17% in FY 23, and further to 19% in FY 24, reflecting enhanced operational efficiency.
4. Earnings per Share (EPS): EPS increased from ₹63 in FY 22 to ₹96 in FY 23, and then slightly decreased to ₹89 in FY 24, indicating strong profit growth per share.
5. Return on Net Worth (RoNW): While RoNW isn’t directly mentioned, the increasing net profit from ₹1,516 crores in FY 22 to ₹2,134 crores in FY 24 suggests a positive impact on RoNW, indicating better returns on shareholders’ equity.
6. Financial Position: The company’s financial position strengthened with EBITDA increasing from ₹2,424 crores in FY 22 to ₹3,384 crores in FY 24, despite rising interest and depreciation expenses, showcasing robust financial health and management.
Britannia Industries Financial Analysis
FY 24 | FY 23 | FY 22 | |
Sales | 16,769 | 16,301 | 14,136 |
Expenses | 13,599 | 13,470 | 11,935 |
Operating Profit | 3,170 | 2,831 | 2,202 |
OPM % | 19 | 17 | 16 |
Other Income | 211.28 | 591.46 | 221.85 |
EBITDA | 3,384 | 3,047 | 2,424 |
Interest | 164 | 169.1 | 144.29 |
Depreciation | 300.46 | 225.91 | 200.54 |
Profit Before Tax | 2,917 | 3,027 | 2,079 |
Tax % | 27 | 23.67 | 27.06 |
Net Profit | 2134 | 2316 | 1516 |
EPS | 89 | 96 | 63 |
Dividend Payout % | 82.73 | 74.7 | 89.24 |
* Consolidated Figures in Rs. Crores
Britannia Industries Company Metrics
Britannia Industries’ market capitalization is ₹137,244.35 crore. The book value is ₹164 per share, with a face value of ₹1 per share. Total debt is ₹2,064.96 crore. The asset turnover ratio is 1.84, ROE is 56.83%, EBITDA (Q) is ₹783.98 crore, and dividend yield is 1.29%.
Market Capitalization:
Market Capitalization represents the total market value of Britannia Industries’ outstanding shares, amounting to ₹137,244.35 crore.
Book Value:
The book value per share of Britannia Industries Ltd is ₹164 indicating the value of the company’s net assets divided by its shares outstanding.
Face Value:
The face value of Britannia Industries’ shares is ₹1, which is the nominal value of each share as stated on the share certificate.
Asset Turnover Ratio:
The Asset Turnover Ratio of 1.84 measures how efficiently Britannia Industries uses its assets to generate sales revenue or sales income.
Total Debt:
The Total Debt of Britannia Industries stands at ₹2,064.96 crore, representing the total amount of money the company owes to creditors.
Return on Equity (ROE):
The ROE of 56.83% measures Britannia Industries’ profitability by revealing how much profit the company generates with the money shareholders have invested.
EBITDA (Q):
The quarterly EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of Britannia Industries is ₹783.98 crore, indicating the company’s operating performance.
Dividend Yield:
The dividend yield of 1.29% shows the annual dividend payment as a percentage of Britannia Industries’ current share price, indicating the return on investment from dividends alone.
Britannia Industries Stock Performance
Britannia Industries Ltd delivered strong returns with 27.1% in one year, 17.6% over three years, and 17.7% over five years, indicating consistent growth. This performance showcases the company’s ability to generate substantial returns for investors.
Period | Return on Investment (%) |
1 Year | 27.1 |
3 Years | 17.6 |
5 Years | 17.7 |
Example: If an investor had invested ₹1,000 in Britannia Industries Ltd stock:
1 year ago, their investment would be worth ₹1,271.
3 years ago, their investment would have grown to ₹1,176.
5 years ago, their investment would have increased to approximately ₹1,177.
Britannia Industries Peer Comparison
Britannia Industries Ltd, with a CMP of ₹5,880.25 and a P/E ratio of 64.27, has a market cap of ₹141,636.6 Crores and a one-year return of 27.12%. In comparison, Nestle India had a 12.85% return, while Swojas Energy saw a 32.51% return, showcasing varied market performances among peers.
Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | 1Yr return % | Vol 1d | 1mth return % | From 52w high | Down % | 6mth return % |
Nestle India | 2522.5 | 75.12 | 243208.64 | 12.85 | 966203 | -3.65 | 0.91 | 8.96 | 2.38 |
Britannia Inds. | 5880.25 | 64.27 | 141636.6 | 27.12 | 763998 | 5.14 | 0.98 | 2.13 | 17.76 |
Swojas Energy | 10.5 | 756.06 | 32.51 | 18.11 | 16518 | -17 | 0.77 | 22.74 | 5 |
Britannia Industries Shareholding Pattern
Britannia Industries Ltd’s shareholding pattern remained stable from December 2023 to June 2024, with promoters holding 50.55%. FII holdings decreased from 18.99% to 17.41%, while DII holdings increased from 14.97% to 16.82%. Retail and others held steady at around 15.23%.
Jun-24 | Mar-24 | Dec-23 | |
Promoters | 50.55 | 50.55 | 50.55 |
FII | 17.41 | 18.23 | 18.99 |
DII | 16.82 | 15.76 | 14.97 |
Retail & others | 15.23 | 15.44 | 15.49 |
Britannia Industries History
Britannia Industries Limited is a prominent Indian food products company with a rich history in the fast-moving consumer goods (FMCG) sector. The company’s primary focus is on manufacturing and selling a wide variety of food products that have become household names across India.
The company’s product portfolio is diverse and extensive, catering to various consumer preferences and needs. Britannia’s biscuit range includes popular brands such as Good Day, Marie Gold, NutriChoice, Milk Bikis, Tiger, and 50-50, among others. These products have established a strong presence in the Indian biscuit market, appealing to different consumer segments.
In addition to biscuits, Britannia has expanded its offerings to include dairy products, breads, cakes, and snacks. The dairy segment features products like cheese, Winkin’ Cow milkshakes, and ghee. The bread category offers a variety of options including gourmet breads and white bread. Britannia’s cake and snack products, such as Treat Croissant and Time Pass Salted Snacks, further diversify its product range.
How To Invest In Britannia Industries Ltd Share?
To invest in Britannia Industries Ltd shares, begin by opening a demat account with Alice Blue. Complete the necessary KYC process and fund your account with the desired investment amount.
Research the company’s fundamentals, financial performance, and market trends before making an investment decision. Use the trading platform provided by the broker to place a buy order for Britannia Industries shares at your preferred price.
Monitor your investment regularly and stay informed about company news and market developments. Consider setting up a systematic investment plan (SIP) for long-term investing in the stock if it aligns with your financial goals.
Britannia Industries Limited Fundamental Analysis – FAQs
Fundamental analysis of Britannia Industries examines key financial metrics: Market Cap (₹137,244.35 crore), PE Ratio (64.14), Debt to Equity (52.07), and Return on Equity (56.83%). These indicators provide insights into the company’s financial health, market valuation, and overall performance in the FMCG sector.
The market capitalization of Britannia Industries Ltd is ₹137,244.35 crore. This figure represents the total value of the company’s outstanding shares in the stock market, calculated by multiplying the current share price by the total number of shares outstanding.
Britannia Industries Limited is a leading Indian food products company. It specializes in manufacturing and selling a wide range of food items including biscuits, dairy products, breads, cakes, and snacks. The company is known for its popular brands and has a strong presence in the Indian FMCG market.
Britannia Industries is a public limited company and doesn’t have a single owner. The Wadia Group, led by Nusli Wadia, holds a significant stake and is considered the promoter. However, as a listed company, it has multiple shareholders including institutional investors, public shareholders, and promoter entities.
The main shareholders of Britannia Industries typically include the Wadia Group (promoter entities), institutional investors (both domestic and foreign), mutual funds, and public shareholders. For the most current and accurate information on major shareholders, refer to the latest shareholding pattern disclosed by the company.
Britannia Industries operates in the Fast-Moving Consumer Goods (FMCG) industry, specifically in the food products sector. The company is a key player in manufacturing and distributing biscuits, dairy products, breads, cakes, and snacks, catering to a wide consumer base in India.
To invest in Britannia Industries shares, open a demat account with Alice Blue. Complete the KYC process and fund your account. Research the company thoroughly, then use the trading platform to place a buy order for the desired number of shares at your preferred price.
Determining if Britannia Industries is overvalued or undervalued requires a comprehensive analysis of its financials, growth prospects, industry trends, and market conditions. Investors should consider metrics like the P/E ratio, and PEG ratio, and compare them with industry peers and historical values for a balanced assessment.
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