BRITANNIA

Britannia Industries Share Price Britannia Industries

₹4,980.00
5.8 (0.12%)
  • Advice
  • Hold
19 March, 2024 08:10 BSE: 500825 NSE: BRITANNIAISIN: INE216A01030

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Britannia Industries Performance

Day Range

  • Low 4,960
  • High 5,014
₹ 4,980

52 Week Range

  • Low 4,153
  • High 5,386
₹ 4,980
  • Open Price4,980
  • Previous Close4,974
  • Volume143928

Britannia Industries Share Price

  • Over 1 Month 1.35%
  • Over 3 Month 2.06%
  • Over 6 Month 8.35%
  • Over 1 Year 14.15%

Britannia Industries Key Statistics

P/E Ratio 55.5
PEG Ratio 69.1
Market Cap Cr 119,952
Price to Book Ratio 33.7
EPS 81.7
Dividend 1.4
Relative Strength Index 53.79
Money Flow Index 67.9
MACD Signal -32.83
Average True Range 99.98
Britannia Industries Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 4,0314,2203,8243,759
Operating Expenses Qtr Cr 3,3103,4483,2043,100
Operating Profit Qtr Cr 793841667795
Depreciation Qtr Cr 71646358
Interest Qtr Cr 29484830
Tax Qtr Cr 201211164203
Net Profit Qtr Cr 538570443558
IndicatorMar 2023
Total Revenue Annual Cr 15,839
Operating Expenses Annual Cr 12,877
Operating Profit Annual in Cr 2,742
Depreciation Cr 195
Interest Annual Cr 155
Tax Annual Cr 701
Net Profit Annual Cr 2,139
IndicatorMar 2023
Cash from Operating Activity Annual Cr 2,442
Cash from Investing Activity Annual Cr -1,386
Cash from Financing Annual Activity Cr -1,048
Net Cash Flow Annual Cr 8
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 3,181
Fixed Assets Annual Cr 2,398
Total Non Current Assets Annual Cr 4,218
Total Current Assets Annual Cr 4,421
Total Assets Annual Cr 8,638
IndicatorMar 2023
Book Value Per Share Annual Rs 132
ROE Annual % 67
ROCE Annual % 58
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 19
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 4,1924,3703,9703,892
Operating Expenses Qtr Cr 3,4353,5603,3223,222
Operating Profit Qtr Cr 821872689801
Depreciation Qtr Cr 78727165
Interest Qtr Cr 31535335
Tax Qtr Cr 203212167204
Net Profit Qtr Cr 556588458559
IndicatorMar 2023
Total Revenue Annual Cr 16,516
Operating Expenses Annual Cr 13,470
Operating Profit Annual in Cr 2,831
Depreciation Cr 226
Interest Annual Cr 169
Tax Annual Cr 716
Net Profit Annual Cr 2,322
IndicatorMar 2023
Cash from Operating Activity Annual Cr 2,526
Cash from Investing Activity Annual Cr -1,517
Cash from Financing Annual Activity Cr -1,028
Net Cash Flow Annual Cr -19
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 3,534
Fixed Assets Annual Cr 2,632
Total Non Current Assets Annual Cr 4,606
Total Current Assets Annual Cr 4,746
Total Assets Annual Cr 9,353
IndicatorMar 2023
Book Value Per Share Annual Rs 148
ROE Annual % 66
ROCE Annual % 54
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 19

Britannia Industries Technicals

EMA & SMA

Current Price
₹4,980.00
5.8 (0.12%)
pointer
  • Bullish Moving Average
  • ___
  • 15
  • Bearish Moving Average
  • ___
  • 1
  • 20 Day
  • ₹4,929.64
  • 50 Day
  • ₹4,960.19
  • 100 Day
  • ₹4,921.74
  • 200 Day
  • ₹4,796.01
  • 20 Day
  • ₹4,911.88
  • 50 Day
  • ₹5,009.35
  • 100 Day
  • ₹4,934.36
  • 200 Day
  • ₹4,835.06

Britannia Industries Resistance and Support

PIVOT
₹4,984.67
Resistance
First Resistance 5,009.33
Second Resistance 5,038.67
Third Resistance 5,063.33
RSI 53.79
MFI 67.90
MACD Single Line -32.83
MACD -17.22
Support
First Resistance 4,955.33
Second Resistance 4,930.67
Third Resistance 4,901.33

Britannia Industries Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 147,910 7,544,889 51.01
Week 290,777 14,131,772 48.6
1 Month 239,652 13,108,959 54.7
6 Month 325,006 18,947,868 58.3

Britannia Industries Result Highlights

Britannia Industries Synopsis

NSE-Food-Grain & Related

Britannia Ind. belongs to the Industry of Food Processing - Bakery/Dairy/Fruits/Others. Company’s Total Operating Revenue is Rs. 15618.42 Cr. and Equity Capital is Rs. 24.09 Cr. for the Year ended 31/03/2023. Britannia Industries Ltd. is a Public Limited Listed company incorporated on 21/03/1918 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L15412WB1918PLC002964 and registration number is 002964.
Market Cap 119,952
Sales 16,157
Shares in Float 11.80
No of funds 942
Yield 1.45
Book Value 37.71
U/D Vol ratio 1.1
LTDebt / Equity 49
Alpha -0.01
Beta 0.58

Britannia Industries

Owner NameDec-23Sep-23Jun-23Mar-23
Promoters 50.55%50.55%50.55%50.55%
Mutual Funds 5.43%5.7%4.79%5.26%
Insurance Companies 3.36%2.29%1.57%1.82%
Foreign Portfolio Investors 18.99%19.66%21.29%19.44%
Financial Institutions/ Banks 0.13%0.17%0.1%0.06%
Individual Investors 12.77%13.27%13.02%13.09%
Others 8.77%8.36%8.68%9.78%

Britannia Industries Management

Name Designation
Mr. Nusli N Wadia Chairman
Mr. Varun Berry Exec. Vice Chairman & Mang Dir
Mr. Avijit Deb Non Executive Director
Mr. N Venkataraman Executive Director & CFO
Mr. Keki Dadiseth Non Executive Director
Dr. Ajai Puri Non Executive Director
Mr. Ness N Wadia Non Executive Director
Dr. Ajay Shah Non Executive Director
Dr. Y S P Thorat Non Executive Director
Mr. Keki Elavia Non Executive Director
Mrs. Tanya Dubash Non Executive Director
Mr. Rajneet Singh Kohli Executive Director & CEO

Britannia Industries Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Britannia Industries Corporate Action

Date Purpose Remarks
2024-02-06 Quarterly Results
2023-11-01 Quarterly Results (Revised) alia, to approve the allotment of unsecured, non-convertible, redeemable, fully paid up debentures having a face value of Rs. 29 each and payment of dividend of Rs. 12.50/-.
2023-08-04 Quarterly Results
2023-05-05 Audited Results
2023-04-04 Interim Dividend
Date Purpose Remarks
2023-04-13 INTERIM Rs.72.00 per share(7200%)Interim Dividend
2021-05-27 SPECIAL Rs.12.50 per share(1250%)Dividend (Payment of dividend of Rs. 12.50 (Rupees Twelve and Fifty Paise) per every 1 (one) fully paid-up equity share of face value of Re. 1 (Rupee One) each by utilizing its accumulated profits)
2021-04-10 INTERIM Rs.62.00 per share(6200%)Interim Dividend

About Britannia Industries

Britannia Industries is a significant food company in India, with a 100-year history and yearly revenues of over INR 9000 Cr. Britannia is one of India's most trusted food companies, producing popular products such as Good Day, Tiger, NutriChoice, Milk Biscuits, and Marie Gold. Britannia's product line includes Biscuits, Bread, Cakes, Rusk, and Dairy items such as Cheese, Beverages, Milk, and Yoghurt.

Britannia Bread is the leading brand in the organized bread market, with an annual volume turnover of over 1 lac tonnes and a value turnover of INR 450 crores. The company has 13 plants and 4 franchisees.

History                      

Britannia Industry was established in 1892 by a group of British businesspeople with an INR 295 investment. Biscuits were first made in a modest cottage in central Kolkata. The company was established as a public limited company on 21st March 1918.

Britannia was the first enterprise east of the Suez Canal to use imported gas ovens in 1921. Britannia's business was doing well. However, Britannia was gaining a reputation for quality and value. As a result, during the disastrous World War II, the government put its faith in Britannia by contracting it to deliver large amounts of "service biscuits" to the armed forces.

In the year 1924, a new factory was constructed in Mumbai. In the same year, the company became a subsidiary of Peek Frean & Company Limited UK, a prominent biscuit-making company, and expanded its factories in Calcutta and Mumbai.

Mumbai and Kolkata welcomed a factory from Dum Dum to larger grounds on Taratola Road on the city's outskirts in 1954. Automatic plants were installed in Calcutta the same year.

The year 1954 also saw automatic plants being placed in the Mumbai facility. The business launched the creation of high-quality sliced and wrapped bread in India, which was first manufactured in Delhi. In the year 1965, a new bread bakery was established in Delhi.

In 1975, Britannia Biscuit Company took over biscuit distribution from Parry's. Further, in the year1976, the company launched Britannia bread in Calcutta and Chennai. 1978 was the year when the company became public, and Indian shareholding surpassed 60%. The redefinition of the company from Britannia Biscuit Company Limited to Britannia Industries Limited took place in 1979. 

Products of Britannia

Britannia Product focuses on bringing more productive items to market and rapidly increasing the market. It began in 1892. It has a history of almost 120 years, and its business has expanded greatly by focusing on larger margins and addressing consumer needs by providing superior quality items. Their brand name, which includes features, quality, pricing, design, and so on, would aid them in rapid sales growth, retaining frequent customers, and picking their product in the market.

Britannia products are mainly divided into four sectors: the biscuit sector, Gift sector, Dairy products  Bread, cake and rusk sector.

Biscuit Sector

Britannia Biscuits is well-known worldwide for its delicious taste, which is available at a reasonable and inexpensive price. Many millions of people enjoy eating biscuits, healthy snacks that can be found in stores anytime and anywhere.

Britannia Biscuits is further classified as follows:

  • Nutrition for Children
  • Luxury or treat
  • Snacking
  • Adult Wellness

Dairy products

Britannia Dairy Products is well-known worldwide for its delicious taste, which is available at a reasonable and affordable price. Millions of people enjoy eating butter, ghee, milk, cheese, Dahi, health drink, choco milk, and badam milk, which are available in stores at any time, anyplace, and on any day. Britannia Dairy Products are further classed as follows:

  • Cheese
  • Dahi
  • Gourmet Cheddar
  • Ghee
  • Butter
  • Milk
  • Whitener for Dairy
  • Actimind
  • TigerZor Badam Milk and TigerZor Choco Milk

Bread and Rusk industries

Bread and rusk, which are ingested by adults, children, and people of all ages, include critical nutrients and vitamins, Honey & Oats, Multi-Grain, Whole Wheat, and Multi-Fiber.

Britannia offers a wide choice of such Bread and toasted Rusk, allowing consumers to select from these items and experience the benefits associated with the Bread and Rusk sectors.

  • British Bread
  • Toasted Rusk Britannia

 

Corporate Social Responsibility Information

According to Section 135 of the Companies Act of 2013, Britannia Industries Ltd. must invest at least 2% of its average net profit over the previous three fiscal years in corporate social responsibility (CSR) initiatives if it meets the application level.

In the financial year 2019-20, Ness N Wadia's Britannia spent 2% of its three-year average net profit on CSR-related costs.

According to the annual report, CSR expense was INR 28.43 Crores, whereas the company's average net profit over the previous three fiscal years was INR 1,421.71 Crores for the year under review. The Britannia's CSR initiatives for the 2019–20 financial year were focused on combating poverty and malnutrition, advancing education, the arts and culture, health care, the rehabilitation of the poor, environmental sustainability, disaster relief, and rural development initiatives. These activities, listed in Schedule VII of the 2013 Companies Act, were carried out throughout the year, with the majority of the cash allotted to a corpus.

The company assists numerous organizations with their work in general semantics, education, health care, and rural development. Britannia's CSR projects and programs are started after determining which communities need development. According to the report, the company engages with stakeholders to ensure its initiatives are carried out successfully.

This year, the company gave the Sir Ness Wadia Foundation a CSR donation for it to carry out various activities and projects for preventive health care, such as reducing the COVID-19 pandemic's impact in India and promoting children's health, growth, and development in India, either directly or in collaboration with the Bai Jerbai Wadia Hospital for Children (BJWHC), Nowrosjee Wadia Maternity Hospital (NWMH), and Britannia Nutrition Foundation (BNF).

Financial Information

Top Line

Over the last 5 years, the audited financial statements show sales of INR 9304 crores in 2018, INR 10482 crores in 2019, INR 10986 crores in 2020, INR 12378 crores in 2021 and INR 13371 crores in the year ending 2022.
The company has a strong track record of return on equity (ROE):  in three years, ROE is 44.6%.
The company has kept a healthy dividend distribution of 119.06%.


Bottom Line

On the other hand, the net profit recorded was INR 948 crores in 2018, INR 1122 crores in 2019, INR 1484 crores in 2020, INR 1760 crores in 2021, and INR 1603 crores in 2022.
Stock is trading at 34.72 times its book value.
The company has delivered a poor sales growth of 9.71% over the past five years.

Britannia Industries FAQs

What is Share Price of Britannia Industries ?

Britannia Industries share price is ₹4,980 As on 19 March, 2024 | 07:56

What is the Market Cap of Britannia Industries ?

The Market Cap of Britannia Industries is ₹119952.4 Cr As on 19 March, 2024 | 07:56

What is the P/E ratio of Britannia Industries ?

The P/E ratio of Britannia Industries is 55.5 As on 19 March, 2024 | 07:56

What is the PB ratio of Britannia Industries ?

The PB ratio of Britannia Industries is 33.7 As on 19 March, 2024 | 07:56

Is Britannia a debt-free company?

Britannia Industries had INR 20.9 billion in debt at the end of March 2021, up from INR 15.5 billion the previous year. However, it has INR 16.0 billion in cash to offset this, resulting in net debt of about INR 4.83 billion.

Is Britannia overvalued?

Britannia Industries has a trailing 12-month operating revenue of INR 13,307.19 Cr. Annual revenue growth of 13% is good, the pre-tax margin of 19% is excellent, and ROE of 52% is exceptional. Britannia Industries has a reasonable debt-to-equity ratio of 21%, indicating a healthy balance sheet.

Who owns Britannia?

Wadia Group owns Britannia Industries.

Who is the CEO of Britannia?

Varun Berry is the CEO of Britannia Industries since 1 Apr 2014.

How to buy Britannia Industries Limited shares?

You can easily buy the shares of Britannia Industries Limited by registering at 5Paisa and setting up a Demat account in your name.

What is the net profit of Britannia Industries Limited in 2022?

The net profit of Britannia Industries Limited in 2022 is INR 1603 crores.

Who is the biggest competitor of Britannia Industries Ltd.?

Nestle India is the biggest competitor of Britannia Industries Ltd.

Q2FY23