Britannia Industries Ltd (BRITANNIA) AI Stock Analysis

• Market Cap: ₹1.40T
• Dividend Yield: 1.27%
• Average Volume (3M): 7.98K
• Price to Earnings (P/E): 64.0
• Beta (1Y): 0.51
• Revenue Growth: 7.68%
• EPS Growth: 0.27%
• Country: IN
• Employees: 5,337
• Sector: Consumer Defensive
• Sector Strength: 48
• Industry: Packaged Foods
• EPS (TTM): 21.60
• Shares Outstanding: 240,868,300
• 10 Day Avg. Volume: 12,075
• 30 Day Avg. Volume: 7,980
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹5,851.00
• Price Target Upside: -0.67% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 8

• Rating: 66 Neutral
• Price Target: ₹5,943.00 ▲(0.89% Upside)

Britannia Industries Ltd's overall stock score is driven primarily by its strong financial performance, which reflects robust revenue growth and profitability. However, the technical analysis suggests potential bearish momentum, and the high P/E ratio indicates possible overvaluation. The absence of earnings call data and corporate events limits additional insights.

Britannia Industries Ltd Business Overview & Revenue Model

Company Description

Britannia Industries Ltd (BRITANNIA) is one of India's leading food companies with a legacy spanning over a century. The company operates primarily in the food processing industry, specializing in the production and distribution of bakery products. Its core products include biscuits, bread, cakes, rusk, and dairy products such as cheese, milk, and yogurt. Britannia is renowned for its iconic brands like Good Day, Marie Gold, Tiger, and NutriChoice, which enjoy significant market share in India and are also exported to numerous countries worldwide.

How the Company Makes Money

Britannia Industries Ltd generates revenue primarily through the sale of its wide range of bakery and dairy products. The company's revenue model is heavily reliant on its robust distribution network, which ensures the availability of its products across urban and rural markets in India and other countries. Key revenue streams include the sale of biscuits, which constitute the majority of its revenue, followed by sales from its bread, dairy, and cake segments. Britannia also benefits from strategic partnerships and collaborations that enhance its product portfolio and market reach, as well as investments in marketing and brand development that reinforce consumer loyalty and brand recognition. The company's earnings are further supported by its continuous innovation in product offerings and expansion into new markets.

Britannia Industries Ltd Financial Statement Overview

Summary

Britannia Industries Ltd exhibits solid financial health with strong revenue growth, efficient cost management, and robust profitability. The balance sheet reflects a stable capital structure with prudent leverage, and cash flow generation is strong, providing ample room for growth and debt servicing.

Income Statement

Britannia Industries Ltd has shown a strong income statement performance with consistent revenue growth over the years, reaching 179,426.7 million in the most recent period. The gross profit margin is robust, indicating efficient cost management. The net profit margin is healthy, reflecting strong profitability. EBIT and EBITDA margins are solid, showcasing operational efficiency. The company's revenue growth rate is commendable, underscoring its market strength and competitive positioning.

Balance Sheet

The balance sheet of Britannia Industries Ltd presents a stable financial position with a moderate debt-to-equity ratio, indicating prudent leverage management. The equity ratio is favorable, reflecting a strong capital structure. Return on equity is impressive, highlighting effective utilization of shareholder funds. However, the total liabilities to assets ratio suggests a cautious approach towards further debt accumulation.

Cash Flow

The cash flow analysis of Britannia Industries Ltd demonstrates robust free cash flow generation, supporting business sustainability and growth investments. The operating cash flow to net income ratio is strong, indicating efficient cash conversion from profits. There is consistent growth in free cash flow, offering flexibility for strategic initiatives. However, the net cash flow from financing activities is negative, which might warrant a closer look at debt management strategies.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	178.13B	179.43B	167.18B	159.85B	139.45B	128.83B
Gross Profit	69.33B	73.39B	71.38B	63.94B	51.44B	52.19B
EBITDA	32.87B	31.87B	33.80B	34.22B	24.23B	28.21B
Net Income	21.79B	21.79B	21.40B	23.22B	15.25B	18.64B
Balance Sheet
Total Assets	88.39B	88.39B	90.74B	93.53B	75.16B	80.09B
Cash, Cash Equivalents and Short-Term Investments	14.24B	14.24B	20.19B	24.51B	9.80B	15.74B
Total Debt	12.47B	12.47B	20.65B	29.97B	24.81B	21.22B
Total Liabilities	44.57B	44.57B	51.08B	57.88B	49.30B	44.25B
Stockholders Equity	43.56B	43.56B	39.42B	35.34B	25.58B	35.48B
Cash Flow
Free Cash Flow	0.00	21.06B	20.11B	18.15B	7.49B	16.09B
Operating Cash Flow	0.00	24.81B	25.73B	25.26B	13.00B	18.51B
Investing Cash Flow	0.00	843.60M	3.06B	-15.17B	9.11B	4.61B
Financing Cash Flow	0.00	-27.62B	-26.67B	-10.28B	-22.46B	-22.44B

Britannia Industries Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5890.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BRITANNIA, the sentiment is Positive. The current price of 5890.45 is above the 20-day moving average (MA) of 5572.87, above the 50-day MA of 5635.42, and above the 200-day MA of 5168.03, indicating a bullish trend. The MACD of 61.65 indicates Negative momentum. The RSI at 63.62 is Neutral, neither overbought nor oversold. The STOCH value of 90.19 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:BRITANNIA.

Britannia Industries Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ZYDUSWELL	73 Outperform	₹128.32B	39.23		0.30%	10.63%	7.53%
TATACONSUM	68 Neutral	₹1.06T	81.69		0.75%	14.09%	13.85%
BRITANNIA	66 Neutral	₹1.40T	63.97		1.27%	7.68%	0.27%
NESTLEIND	66 Neutral	₹2.26T	74.54		1.03%	3.88%	-4.22%
PATANJALI	66 Neutral	₹645.13B	52.86		0.22%	15.17%	29.60%
Sector *	63 Neutral	$20.41B	14.67	-2.93%	3.10%	2.04%	-6.12%
HATSUN	62 Neutral	₹198.44B	70.00		0.66%	8.52%	-10.77%

Britannia Industries Ltd Corporate Events

Britannia Industries Fined by Uttarakhand Pollution Control Board

Britannia Industries Ltd has been fined by the Uttarakhand Pollution Control Board with an Environment Compensation of Rs. 21,79,688 for violations at its Rudrapur factory. Despite the fine, the company states that there is no material impact on its financials or operations and plans to contest the decision, citing previous compliance with the board’s directions.