Britannia Industries Ltd.

NSE: BRITANNIA BSE: 500825 SECTOR: Consumer Food  271k   3k   491

4682.60
+28.45 (0.61%)
NSE: Today, 03:58 PM

Price Summary

Today's High

₹ 4712.5

Today's Low

₹ 4657.05

52 Week High

₹ 4718.7

52 Week Low

₹ 3270.95

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

112788.99 Cr.

Enterprise Value

115069.63 Cr.

No. of Shares

24.09 Cr.

P/E

48.58

P/B

31.91

Face Value

₹ 1

Div. Yield

1.54 %

Book Value (TTM)

₹  146.73

CASH

184.9 Cr.

DEBT

2465.54 Cr.

Promoter Holding

50.55 %

EPS (TTM)

₹  96.39

Sales Growth

7.61%

ROE

49.89 %

ROCE

41.64%

Profit Growth

-18.08 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Britannia Industries Ltd.

Good Day 5050 nutri CHOICE GHEE DANEDAR GAWA GHEE DAIRY WHITENER marie GOLD TIGER Milk Bikis JIM JAM+ Treat bourbon LITTLE HEARTS PURE MAGIC Nice Time POPULAR VitaRICH WINKIN’ COW Daily Fresh Roll yo toasttea treat Creme Wafers treat CROISSANT Gobbles Nut & Raisin MuffiLLs Fudge it Tostea

Index Presence

The company is present in 46 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year7.61%
3 Year8.54%
5 Year9.32%

Profit Growth

1 Year-18.08%
3 Year9.47%
5 Year11.38%

ROE%

1 Year49.89%
3 Year43.07%
5 Year38.5%

ROCE %

1 Year41.64%
3 Year41.35%
5 Year43.17%

Debt/Equity

0.9638

Price to Cash Flow

86.79

Interest Cover Ratio

15.4038394899161

CFO/PAT (5 Yr. Avg.)

1.02088707567934

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 50.55 0
Dec 2022 50.55 0
Sep 2022 50.55 0
Jun 2022 50.55 0
Mar 2022 50.55 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROE of 43.0704938699013% over the past 3 years.
  • Company has been maintaining healthy ROCE of 41.3483061404573% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 15.4038394899161.
  • The company has an efficient Cash Conversion Cycle of -16.4472447461165 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.02088707567934.
  • The company has a high promoter holding of 50.55%.

 Limitations

  • The company has shown a poor profit growth of 9.47447019113303% for the Past 3 years.
  • The company has shown a poor revenue growth of 8.54160700250277% for the Past 3 years.
  • The company is trading at a high PE of 48.58.
  • The company is trading at a high EV/EBITDA of 37.6918.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 3550.45 3700.96 4379.61 4196.8 4023.18
Total Expenditure 3000.77 3200.22 3667.91 3379.22 3222.29
Operating Profit 549.68 500.74 711.7 817.58 800.89
Other Income 53.83 55.5 53.24 50.75 56.37
Interest 33.75 41.97 54.14 38.13 34.86
Depreciation 50.93 50.96 51.66 57.96 65.33
Exceptional Items 0 0 0 375.6 0
Profit Before Tax 518.83 463.31 659.14 1147.84 757.07
Tax 140.96 127.42 168.62 216.91 203.5
Profit After Tax 377.87 335.89 490.52 930.93 553.57
Adjustments 2 1.55 2.76 1.46 5.09
Consolidated Net Profit 379.87 337.44 493.28 932.39 558.66
Adjusted EPS (Rs) 15.77 14.01 20.48 38.7 23.19

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 9913.99 11054.67 11599.55 13136.14 14136.26
Total Expenditure 8412.34 9321.25 9756.37 10626.85 11934.75
Operating Profit 1501.65 1733.42 1843.18 2509.29 2201.51
Other Income 166.37 206.45 279.4 312.87 222.83
Interest 7.59 9.09 76.9 110.9 144.29
Depreciation 142.07 161.88 184.81 197.85 200.54
Exceptional Items 0 0 -17.01 -0.61 -0.98
Profit Before Tax 1518.18 1767.93 1844.3 2513.61 2078.33
Tax 514.22 612.47 450.7 663.02 562.35
Profit After Tax 1003.96 1155.46 1393.6 1850.59 1515.98
Adjustments 0.27 3.66 9.03 13.31 8.84
Consolidated Net Profit 1004.23 1159.12 1402.63 1863.9 1524.82
Adjusted EPS (Rs.) 41.83 48.24 58.32 77.37 63.3

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 24.01 24.03 24.05 24.09 24.09
Total Reserves 3382.22 4229.22 4378.78 3523.57 2534.01
Minority Interest 13.14 32.68 35.65 36.34 27.5
Borrowings 84.57 61.92 766.06 747.15 706.99
Other N/C liabilities 13.44 28.81 39.67 59.07 15.54
Current liabilities 1647.97 1851.41 2578.46 3608.9 4155.73
Total Liabilities 5165.35 6228.07 7822.67 7999.12 7463.86
Assets
Net Block 1330.61 1673.57 1863.71 1778.74 1739.26
Capital WIP 202.82 101.24 39.55 116.52 535.68
Intangible WIP 0 0 0 0 0
Investments 222.48 726.4 1884.46 1387.66 928.64
Loans & Advances 213.95 126.85 307.75 245.48 257.28
Other N/C Assets 44.21 73.67 52.23 51.26 32.58
Current Assets 3151.28 3526.34 3674.97 4419.46 3970.42
Total Assets 5165.35 6228.07 7822.67 7999.12 7463.86
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 1518.36 1768.9 1843.86 2512.8 2078.53
Adjustment -1.4 -14.5 16.53 27.23 135.15
Changes in Assets & Liabilities 228.27 -2.49 127.39 -31.7 -327.25
Tax Paid -496.46 -596.13 -503.25 -632.81 -586.91
Operating Cash Flow 1248.77 1155.78 1484.53 1875.52 1299.52
Investing Cash Flow -956.52 -852.22 -1525.93 433.18 914.19
Financing Cash Flow -231.75 -352.68 57.94 -2242.5 -2245.84
Net Cash Flow 60.5 -49.12 16.54 66.2 -32.13

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 50.55 50.55 50.55 50.55 50.55
associated biscuit... 44.76 44.76 44.76 44.76 44.76
associated biscuit... 44.76 44.76 44.76 44.76 44.76
bannatyne enterpri... 1.16 1.16 1.16 1.16 1.16
dowbiggin enterpri... 1.16 1.16 1.16 1.16 1.16
nacupa enterprises... 1.16 1.16 1.16 1.16 1.16
spargo enterprises... 1.16 1.16 1.16 1.16 1.16
valletort enterpri... 1.16 1.16 1.16 1.16 1.16
spargo enterprises... - - - - -
valletort enterpri... - - - - -
bannatyne enterpri... - - - - -
dowbiggin enterpri... - - - - -
nacupa enterprises... - - - - -
ness nusli wadia 0.01 0.01 0.01 0.01 0.01
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 49.45 49.45 49.45 49.45 49.45
qualified institut... - - 7.39 - -
life insurance cor... - 1.15 4.82 4.68 -
lici ulip-growth f... 4.84 5.04 - - -
lici new endowment... - - - - 4.53
sbi nifty 200 qual... - - 2.10 - -
sbi magnum equity ... 1.57 1.61 - 2.04 2.03
sbi arbitrage oppo... - - - - -
general insurance ... 1.44 1.43 1.30 1.16 1.02
sbi long term equi... - - - - -
kotak bluechip fund - - - - -
icici prudential b... - - - - -
icici prudential f... 1.21 - - - -
nri non-repatriat... 1.17 - - - -
mirae asset equity... - 1.14 - - -
nps trust- a/c sbi... - - - - -
nps trust- a/c lic... - - - - -
icici prudential m... - - - - -
mirae asset tax sa... 1.07 - 1.02 - -
touchstone strateg... - - - - -
investor education... - - 0.25 0.42 0.42
iepf 0.26 0.25 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Britannia Industries informs about transcript of analyst call 11 May 2023, 4:49PM Britannia Industries reports 48% rise in Q4 consolidated net profit 6 May 2023, 2:13PM Britannia Industries informs about disclosure on RPT6 May 2023, 12:36PM Britannia Inds - Quaterly Results5 May 2023, 5:48PM Britannia Inds - Quaterly Results5 May 2023, 5:48PM Britannia Inds - Quaterly Results5 May 2023, 5:48PM Britannia’s Treat croissant business crosses revenue of Rs 100 crore within year17 Mar 2023, 11:59AM Britannia Industries to increase women workforce6 Mar 2023, 12:20PM Britannia Industries reports over 2- fold jump in Q3 consolidated net profit2 Feb 2023, 11:41AM Britannia Inds - Quaterly Results1 Feb 2023, 4:25PM Britannia Inds - Quaterly Results1 Feb 2023, 4:25PM Britannia Inds - Quaterly Results1 Feb 2023, 4:25PM Britannia Industries eyeing cheese products business to grow five-fold in next five years2 Dec 2022, 12:49PM Britannia Industries enters into JVA with Bel SA, France and Britannia Dairy 29 Nov 2022, 2:49PM Britannia Industries informs about revision in time for investors call 5 Nov 2022, 3:31PM Britannia Industries informs about disclosure5 Nov 2022, 12:10PM Britannia Industries informs about disclosure5 Nov 2022, 11:45AM Britannia Industries reports 28% rise in Q2 consolidated net profit5 Nov 2022, 10:20AM Britannia Inds - Quaterly Results4 Nov 2022, 9:48PM Britannia Inds - Quaterly Results4 Nov 2022, 9:48PM Britannia Industries informs about analyst meet1 Nov 2022, 11:48AM Britannia Industries’ arm acquires entire stake in Catalyst Britania Brands4 Oct 2022, 3:39PM Britannia Industries’ arm acquires stake in Kenafric Biscuits4 Oct 2022, 12:22PM Britannia Industries informs about compliance certificate27 Aug 2022, 11:51AM Britannia Industries reports 13% fall in Q1 consolidated net profit4 Aug 2022, 4:56PM Britannia Industries informs about outcome of board meeting4 Aug 2022, 4:44PM Britannia Inds - Quaterly Results4 Aug 2022, 3:19PM Britannia Inds - Quaterly Results4 Aug 2022, 3:19PM Britannia Inds - Quaterly Results4 Aug 2022, 3:19PM Britannia Industries informs about analyst meet4 Aug 2022, 12:33PM Britannia Industries to tap opportunities in cake category21 Jun 2022, 4:30PM Britannia Industries’ Winkin’ Cow becomes Rs 100 crore brand in FY221 Jun 2022, 9:47AM Britannia Industries informs about newspaper advertisement5 May 2022, 10:34AM Britannia Industries increases prices in January-March quarter4 May 2022, 3:28PM Britannia Industries reports 5% rise in Q4 consolidated net profit4 May 2022, 11:16AM Britannia Inds - Quaterly Results2 May 2022, 4:48PM Britannia Inds - Quaterly Results2 May 2022, 4:48PM Britannia Inds - Quaterly Results2 May 2022, 4:48PM Britannia Industries rolls out 'Marie Gold Jeera' in Tamil Nadu25 Apr 2022, 9:45AM Britannia Industries informs about compliance certificate13 Apr 2022, 3:18PM Britannia Industries aiming 50% women workforce by 202417 Mar 2022, 5:58PM Britannia planning to increase women workforce in Assam plant 8 Mar 2022, 2:42PM Britannia Industries informs about resignation of director29 Jan 2022, 2:35PM Britannia Industries reports 18% fall in Q3 consolidated net profit29 Jan 2022, 9:50AM Britannia Industries informs about analyst meet25 Jan 2022, 2:44PM Britannia Industries informs about board meeting22 Jan 2022, 11:08AM Britannia Industries revamps largest selling biscuit brand Good Day17 Dec 2021, 10:34AM Britannia Industries informs about analyst call presentation9 Nov 2021, 10:20AM Britannia Industries reports 23% fall in Q2 consolidated net profit8 Nov 2021, 4:12PM Britannia Inds - Quaterly Results8 Nov 2021, 3:35PM

Britannia Inds Stock Price Analysis and Quick Research Report. Is Britannia Inds an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a LOW P/E are undervalued (it depends on other factors too). Britannia Inds has a PE ratio of 48.5788714173523 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Britannia Inds has ROA of 19.6078634260666 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Britannia Inds has a Current ratio of 0.955408556378783 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Britannia Inds has a ROE of 49.8869630746044 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Britannia Inds has a D/E ratio of 0.9638 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Britannia Inds has an Inventory turnover ratio of 12.0064986295131 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Britannia Inds has reported revenue growth of 7.61349985612212 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Britannia Inds for the current financial year is 15.5734968089155 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Britannia Inds is Rs 56.5 and the yield is 1.5335 %.

Brief about Britannia Inds

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