Britannia Industries | Business Upturn

Britannia Industries Q4 Results: Net profit jumps 21.6% YoY to RS 679.7 crore, revenue up 6.5%

Aman Shukla — Thu, 07 May 2026 15:25:36 +0000

Britannia Industries reported its Q4 FY26 results with steady growth in revenue and profitability on a year-on-year basis for the quarter ended March 31, 2026.

The company posted a consolidated net profit of ₹679.68 crore in Q4 FY26, registering a growth of 21.6% compared to ₹559.13 crore reported in the corresponding quarter last year.

Revenue from operations increased 6.5% YoY to ₹4,718.92 crore against ₹4,432.19 crore in Q4 FY25, supported by continued demand across key product categories.

Britannia’s profit before tax (PBT) stood at ₹785.11 crore during the quarter, up 4.4% from ₹751.93 crore reported a year ago.

Total income for the quarter came in at ₹4,774.37 crore, marking a rise of 6.2% compared to ₹4,495.21 crore in the same period last year.

On the operational front, total expenses rose 6.2% YoY to ₹3,969.96 crore versus ₹3,738.63 crore in Q4 FY25. Employee benefit expenses increased to ₹186.13 crore from ₹164.51 crore, while other expenses climbed to ₹948.86 crore from ₹807.57 crore.

For the full financial year FY26, Britannia Industries reported revenue from operations of ₹19,151.59 crore, reflecting a growth of 6.7% compared to ₹17,942.67 crore in FY25.

Annual net profit rose 16.4% to ₹2,537.01 crore in FY26 from ₹2,177.86 crore reported in the previous financial year. Profit before tax for the year stood at ₹3,288.78 crore, up 12.3% YoY.

Britannia cancels institutional investor meet scheduled for March 13

Business Desk — Thu, 12 Mar 2026 11:04:12 +0000

Britannia Industries has cancelled a one-to-one virtual meeting with an institutional investor that was scheduled for Friday, 13th March, 2026 at 11:00 A.M. (IST), citing unavoidable circumstances.

The company made the disclosure through a regulatory filing to the National Stock Exchange of India on 12th March, 2026. The meeting cancellation was communicated by Sona Rajora, Company Secretary and Compliance Officer at Britannia Industries. The intimation was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The investor meet had been announced in a prior letter dated 5th March, 2026. No details regarding rescheduling or alternative arrangements were provided in the filing.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Top stocks for trade today, Feb 11: Reliance Industries, Tata Motors, Eicher Motors, Titan, Britannia Industries and more

Aman Shukla — Wed, 11 Feb 2026 02:55:15 +0000

Indian equities are likely to remain stock-specific on February 11 as investors track a heavy flow of Q3 earnings, corporate actions, regulatory developments and index rebalancing announcements. Key names from FMCG, auto, power, pharma, financials and infrastructure are expected to stay in focus.

Stocks to Watch Today – February 11

Stocks to Watch Today – February 11 (Key Points, IST)

Reliance Industries: Consumer arm acquires Southern Health Foods (Manna brand) for ₹156.4 crore.
Tata Motors (CV): Indonesia arm secures order for 70,000 Yodha and Ultra T.7 vehicles.
Eicher Motors: Q3 EBITDA growth outpaces revenue and volume growth after several quarters.
Titan Company: Q3 in line with estimates; jewellery EBIT margin at 10.6% vs 9.5% YoY.
Apollo Hospitals: Q3 revenue above estimates; EBITDA up 27% YoY.
Britannia Industries: Revenue in line; EBITDA improves on 450 bps gross margin expansion.
InterGlobe Aviation: States full compliance with flight duty time limitation norms.
United Breweries: EBITDA up 59.6% YoY; margin at 11% vs 7%.
Oil India: Net profit down 22.6% YoY; crude realisation down 15% YoY.
Jubilant FoodWorks: Strong EBITDA; margin at 20.5% vs 19.4%.
Ather Energy: NIIF likely to exit entire 1.9% stake via block deal (₹705.73–₹727.55/share).
Torrent Power: EBITDA up 26.2% YoY; margin at 20.7% vs 17.1%.
ACME Solar: LoA for 301 MW solar project at ₹6.28/unit tariff.
Aditya Birla Capital & L&T Finance: Included in MSCI Global Standard Index effective February 27.
Grasim Industries: Q3 above estimates; EBITDA up 77% YoY.
ION Exchange: Bags ₹1,730 crore, 20-year sewage treatment project in Oman.
ZF Commercial Vehicle Control Systems: EBITDA up 12.7% YoY; revenue up 12%.
Kirloskar Ferrous Industries: EBITDA up 7.5% YoY; margin at 11.5% vs 10.8%.
Gujarat Pipavav Port: EBITDA up 15.4% YoY; margin at 54.8% vs 52.8%.
IIFL Capital: AUM up 6% YoY; MTF book up 43% YoY.
India Glycols: EBITDA up 42.7% YoY; margin at 6.9% vs 5%.
Directorate General of Trade Remedies: Extends anti-dumping duty on TDI imports from EU & Saudi for 5 years.
Landmark Cars: Revenue up 12.6% YoY; EBITDA up 10.4%.
GNFC: EBITDA up 29.5% YoY; margin at 8.6% vs 6.9%.
Chambal Fertilisers: EBITDA up 5.5% YoY; revenue up 20%.
TVS Supply Chain: EBITDA up 36.7% YoY; margin at 7.6% vs 6.2%.
Speciality Restaurants: EBITDA up 18% YoY; margin at 21.4% vs 19.4%.
HEG: EBITDA up 78.4% YoY; margin at 21.6% vs 16.6%.
Allcargo Terminals: EBITDA up 29.3% YoY; margin at 19.5% vs 17.6%.
STL Networks: Bags ₹206 crore order from National Informatics Centre.
Aurobindo Pharma: US FDA issues Form 483 with 9 observations for Unit-VII, Telangana.
BHEL: Government to sell up to 5% stake via OFS; floor price at 8% discount to CMP.
IRCTC: Excluded from MSCI Global Standard Index effective February 27.
Afcons Infrastructure: Net profit down 34.8% YoY; revenue down 7.3%.
EIH Limited: Net profit down 8.1% YoY; margin at 43.1% vs 44.6%.
Karnataka Bank: NII flat; net profit up 2.5% YoY.
Som Distilleries: EBITDA down 45.4% YoY; margin at 7.9% vs 12%.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Top Q3 results today, Feb 10: Titan, Eicher Motors, Grasim Industries, Apollo Hospitals, Britannia Industries and more to announce earnings

Aman Shukla — Tue, 10 Feb 2026 02:17:24 +0000

Several major Indian companies across automobiles, FMCG, healthcare, power, infrastructure and financial services are scheduled to announce their Q3 FY26 results today, February 10 (IST). Investors and market participants are expected to closely track these earnings for insights into sectoral trends and company-specific performance.

Among large-cap names, Titan Company is set to report its quarterly numbers, with attention on jewellery and watches demand trends. Eicher Motors will also release results, with focus on Royal Enfield volumes and margins. Another key result awaited is from Grasim Industries, where updates on cement and chemicals businesses are expected.

In the healthcare space, Apollo Hospitals Enterprise will announce its Q3 performance, while FMCG major Britannia Industries is scheduled to declare earnings amid ongoing cost and demand dynamics.

Energy and power sector results will include Oil India and Torrent Power, with market participants watching crude price impact, production data, and power distribution performance.

Infrastructure and construction companies reporting today include Afcons Infrastructure and Dilip Buildcon, where order book updates and execution progress remain key areas of interest.

From the financial services segment, Edelweiss Financial Services and Karnataka Bank will release their quarterly numbers, with emphasis on asset quality, margins, and loan growth.

Other notable companies announcing Q3 results today include Balrampur Chini Mills, Escorts Kubota, Jubilant FoodWorks, Samvardhana Motherson International, TVS Supply Chain Solutions, United Breweries, Wakefit Innovations, and Wockhardt.

Rakshit Hargave assumes charge as CEO and Managing Director of Britannia Industries

Aman Shukla — Mon, 15 Dec 2025 06:43:02 +0000

Britannia Industries Limited has officially announced that Mr. Rakshit Hargave has assumed charge as the Chief Executive Officer and Managing Director of the company with effect from December 15, 2025. The development marks a significant leadership transition at one of India’s leading FMCG companies.

The appointment follows the decision taken by Britannia’s Board of Directors at its meeting held on November 10, 2025. At that meeting, based on the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Hargave as CEO and Managing Director for a term of five years. His tenure is effective from the date he formally joined the company, which is December 15, 2025.

In a regulatory filing, the company confirmed that Mr. Rakshit Hargave, holding DIN 03406793, has now formally taken charge of the office. The intimation is in continuation of Britannia’s earlier disclosure made on November 10, 2025, informing shareholders and stakeholders about the leadership appointment.

Britannia Industries shares fall sharply over 5% after Varun Berry resigns as MD & CEO

Aman Shukla — Tue, 11 Nov 2025 03:50:15 +0000

Britannia Industries Limited shares dropped more than 5% in Monday’s early trade after the sudden resignation of its long-serving Managing Director and Chief Executive Officer, Varun Berry, who stepped down with immediate effect on November 10, 2025.

The FMCG major announced that the Board of Directors has accepted Berry’s resignation during its meeting held on Sunday, waiving his notice period. His tenure was originally set to continue until 2029, making the abrupt exit a major surprise for investors and the market alike.

Varun Berry Steps Down After Stellar Decade at the Helm

Varun Berry, who joined Britannia in 2013 and later became MD & CEO, is widely credited with transforming the company into one of India’s leading food brands, expanding its product portfolio, and improving profitability. The Board placed on record his “valuable contributions” and extended best wishes for his future endeavors.

Interim Leadership and New Appointment

To ensure smooth operations, the company announced that Mr. N. Venkataraman, Executive Director and Chief Financial Officer, will hold additional charge as Interim CEO until the newly appointed head joins.

Britannia has appointed Mr. Rakshit Hargave as the new Managing Director and Chief Executive Officer, effective December 15, 2025.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Top stocks to watch today, November 6: TCS, Paytm, M&M, RBL Bank, Britannia Industries, Aurobindo Pharma and more

Aman Shukla — Thu, 06 Nov 2025 02:53:16 +0000

Indian stock markets are set for an eventful session on Thursday, November 6, 2025, as several heavyweight companies announced their quarterly results and major corporate developments. Here’s a look at the top stocks likely to be in focus today.

Top Stocks to Watch on November 5, 2025

TCS: Expanded its 18-year partnership with ABB to modernize IT and boost digital operations.
Mahindra & Mahindra (M&M): To sell its entire 3.45% stake in RBL Bank for about ₹680 crore.
RBL Bank: Stake sale floor price set at ₹317 per share.
Britannia Industries: Strong EBITDA growth; appoints Rakshit Hargave as CEO & Executive Director.
Sun Pharma: Q1 revenue in line with estimates; operational performance beats expectations.
Aurobindo Pharma: Q2 results meet estimates; Europe formulations revenue up 17.8% YoY.
Indigo: Operationally steady, but profit hit by forex losses.
Paytm: Revenue up across all segments; margin improves 317 bps QoQ.
United Spirits (USL): Begins strategic review of its sports arm, RCSPL, which owns RCB.
Indian Hotels: Seasonally soft quarter; guidance remains strong for H2.
Zydus Lifesciences: Receives EIR from USFDA for Ahmedabad SEZ-II facility.
Marksans Pharma: UK arm Relonchem gets MHRA nod for Exemestane 25mg tablets.
Garden Reach: Revenue up 45.5% YoY, margins expand to 9.3%.
Metropolis Health: EBITDA up 20.5%, revenue up 23% YoY.
Kaynes Technology: EBITDA up 80.6%, margin improves to 16.3%.
Home First Finance: Net profit rises 43%, NII up 32% YoY.
Apollo Micro Systems: EBITDA surges 82.7%, margin expands to 26.45%.
Caplin Point: EBITDA up 15%, margin at 35.4%.
CSB Bank: NII rises 15.3%, Gross NPA improves to 1.81%.
Inox Wind: Wins 229 MW orders, including repeat deals.
Blue Star: Revenue up 6%, margin expands by 100 bps.
Hindalco: Novelis Q2 results weak as expected; capex guidance raised.
Grasim: Margin contracts to 3.8%; Birla Opus CEO resigns.
Fortis, GE Vernova, Siemens Energy: Added to MSCI India Standard Index.
Tata Elxsi, CONCOR: Dropped from MSCI India Index.
Berger Paints: EBITDA down 19%, margin falls to 12.5%.
Whirlpool: Net profit down 20.6%, margin at 3.5%.
Jubilant Pharmova: USFDA issues 9 observations for its Montreal unit.
Senores Pharma: US unit gets 3 USFDA observations.
Dalmia Bharat: EBITDA down 16.8%, margin falls to 5.6%.
Deepak Fertilisers: EBITDA down 6%, margin slips to 15.4%.
Godrej Agrovet: EBITDA down 2%, margin at 8.3%.

Britannia Industries appoints Rakshit Hargave as CEO and Executive Director, effective December 15, 2025

Aman Shukla — Wed, 05 Nov 2025 13:55:35 +0000

Britannia Industries Limited has announced the appointment of Mr. Rakshit Hargave as the company’s new Chief Executive Officer and Executive Director for a term of five years. His appointment, approved by the Board on November 5, 2025, will take effect from December 15, 2025, the date of his joining.

Mr. Hargave brings decades of experience in the FMCG and consumer industries. Before joining Britannia, he served as CEO of Birla Opus, the paints venture of the Aditya Birla Group. Earlier, he led Beiersdorf’s (NIVEA) business in ASEAN and ANZ regions and was also the Managing Director of Nivea India. His previous roles include leadership positions at Hindustan Unilever, Kimberly Clark Lever, Lakme Lever, and Jubilant Foodworks, where he played a key role in launching Domino’s Pizza’s iconic “30-minute delivery” model.

An alumnus of IIT Varanasi (Electrical Engineering) and FMS Delhi (MBA), Mr. Hargave has been recognized with the Distinguished Young Alumni Award from IIT Varanasi.

The appointment will be subject to shareholder approval through a postal ballot to be circulated shortly. The company confirmed that Mr. Hargave is not related to any existing directors and not debarred by SEBI or any other authority from holding a directorial position.

Britannia Industries shares slip 2% after Q1 results miss estimates

Aman Shukla — Wed, 06 Aug 2025 03:47:41 +0000

Shares of Britannia Industries fell around 2% in early trade on August 6, as the company’s Q1 FY26 earnings came in below street expectations on the margin and profit fronts, despite steady revenue growth. As of 9:16 AM, the shares were trading 2.35% lower at Rs 5,503.00.

The FMCG major reported a consolidated revenue of ₹4,622.22 crore, marking a year-on-year increase of 8.8% from ₹4,250.29 crore. This was slightly ahead of analyst estimates pegged at ₹4,610.9 crore, supported by improved distribution and resilient demand in its core biscuits segment.

However, operating performance remained under pressure. EBITDA for the quarter stood flat at ₹757.05 crore, compared to ₹753.66 crore in the same period last year. This was well below the market estimate of ₹814.5 crore. Consequently, EBITDA margin declined to 16.4%, down from 17.7% a year ago, missing the projected 17.67%.

On the bottom line, net profit rose 3% YoY to ₹520.72 crore, up from ₹505.64 crore. However, this too missed expectations, which were around ₹568.95 crore, reflecting ongoing cost pressures and input price volatility.

Britannia Industries Q1 Results: Shares drop over 2% ahead of results announcement

Aman Shukla — Tue, 05 Aug 2025 05:03:47 +0000

Britannia Industries shares declined over 2% in early trade on Tuesday, slipping to a low of ₹5,640.00 as investors turned cautious ahead of the company’s Q1 FY26 results. The stock opened at ₹5,795.00, slightly above its previous close of ₹5,787.00, before facing selling pressure. As of 10:33 AM, the shares were trading 1.99% lower at Rs 5,672.00.

Despite the dip, Britannia remains well above its 52-week low of ₹4,506.00, though still some distance from its 52-week high of ₹6,469.90.

The upcoming quarterly earnings will be closely watched for trends in input cost management and rural demand recovery—key factors influencing margins and volume growth.

Investors are advised to stay tuned as the results could drive near-term stock movement.

Top stocks to watch today, June 3: HCLTech, Mphasis, Britannia Industries, Torrent Power, Biocon and more

Aman Shukla — Tue, 03 Jun 2025 03:19:41 +0000

As Dalal Street opens for trade on Tuesday, June 3, market participants will focus on specific stocks driven by recent announcements, corporate developments, and macroeconomic cues. The previous session ended on a flat note, and investors will watch for directional triggers in today’s trade. Here’s a list of key stocks to track:

Key Stocks to Watch Today

1. ONGC / OIL
Crude oil prices rose by 3%, with Brent crude returning to the $65 per barrel mark, driven by a steady increase in output from OPEC+ members. This development could impact upstream oil companies like ONGC and Oil India.

2. HCLTech
HCL Technologies has entered into a strategic partnership with NYSE-listed UiPath. The collaboration aims to deliver agentic automation solutions for global enterprises, potentially expanding HCLTech’s service capabilities.

3. Mphasis
The company confirmed its continued role as a service provider within the FedEx ecosystem, indicating a stable client relationship.

4. Britannia Industries
A strike at the company’s plant in Jhagadia, Gujarat, has been called off. Normal operations are expected to resume, which could stabilize supply chain concerns.

5. Torrent Power
Torrent Power has signed a long-term agreement for LNG supply with BP Singapore. This move may support the company’s energy sourcing and operational efficiency.

6. Man Industries
The board has approved a fundraise of up to ₹300 crore via a preferential issue at ₹328 per share.

7. Biocon
Biocon received approval from the Drug Controller General of India (DCGI) to launch its first GLP-1 drug, Liraglutide, in India. The drug is used in the treatment of diabetes.

8. Glenmark Pharmaceuticals
Data shows Glenmark’s drug ISB 2001 continues to demonstrate high response rates and a favorable safety profile.

9. Sarda Energy & Minerals
The Raigad unit has received operational clearance from the Water Pollution Control Authority, allowing for expansion activities.

10. Apeejay Surrendra Park Hotels
The company signed a hotel management agreement with Goyal Parmarthik Trust for THE PARK in Mathura.

11. Transrail
Transrail has secured orders worth ₹534 crore across both domestic and international markets.

12. Asian Paints / OMCs
With oil prices up by 3%, companies dependent on crude and its derivatives, including Asian Paints and oil marketing companies (OMCs), may experience cost pressures or pricing tailwinds.

13. United Breweries (UBL)
UBL will shut down its brewery unit in Mangalore and shift operations to Mysuru for expansion and consolidation.

14. Zinka Logistics
Sources indicate Quickroutes International plans to sell its entire 9% stake via a block deal, at an 8% discount to the current market price.

15. Aptus Value Housing Finance
Sources also suggest a promoter stake sale of 9.8% through a block deal, with a floor price at a 10% discount to CMP.

Nifty 50 top gainers today on 26 November: Shriram Finance, Britannia Industries and Asian Paints lead the rally

Aman Shukla — Tue, 26 Nov 2024 10:15:41 +0000

The Indian equity markets closed on a muted note on November 26, with the Nifty ending below the 24,200 mark after a volatile trading session. The BSE Sensex declined by 105.79 points or 0.13 percent to close at 80,004.06, while the Nifty 50 dropped 27.40 points or 0.11 percent, settling at 24,194.50. Despite the subdued broader market performance, select stocks stood out with significant gains.

Among the key contributors to this rally, top stocks such as Shriram Finance, Britannia Industries and Asian Paints stood out, showing significant gains. Let’s take a look below at the top gainers (as per Trendlyne) of NIFTY 50 today.

Nifty 50 top gainers

Name	LTP (₹)	Change (%)
Shriram Finance	3,044.0	3.3%
Britannia Industries	5,012.0	2.2%
Asian Paints	2,505.7	1.9%
Bharat Electronics	297.8	1.9%
Infosys	1,920.2	1.6%
Wipro	588.3	1.0%
JSW Steel	961.5	0.9%
Tata Consultancy Services	4,351.0	0.8%
Tata Consumer Products	963.5	0.8%
Tech Mahindra	1,746.5	0.8%

Britannia Industries market cap declines by Rs 2,995 crore – Know More

Aditya Bhagchandani — Thu, 21 Nov 2024 06:27:09 +0000

Shares of Britannia Industries fell 2.54% to close at Rs 4,768.45, down from the previous close of Rs 4,892.70. This decline led to an approximate market cap loss of Rs 2,995 crore, bringing the total market capitalization to Rs 1,14,856.84 crore.

Key Trading Highlights:

Previous Close: Rs 4,892.70
Closing Price: Rs 4,768.45
Market Cap Loss: Rs 2,995 crore
Current Market Cap: Rs 1,14,856.84 crore

Price and Volume Details:

Opening Price: Rs 4,875.00
Intraday High: Rs 4,885.00
Intraday Low: Rs 4,746.90
Volume Traded: 5.34 lakh shares
Turnover: Rs 255.27 crore

52-Week Performance:

52-Week High: Rs 6,469.90 (October 3, 2024)
52-Week Low: Rs 4,626.00 (November 28, 2024)

The stock’s decline reflects cautious investor sentiment amid sectoral headwinds affecting the packaged foods industry.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. The author or platform is not liable for any losses arising from the use of this information.

Britannia Industries shares fell over 13% this week – Know More

Aditya Bhagchandani — Fri, 15 Nov 2024 09:01:11 +0000

Shares of Britannia Industries declined by 13.5% this week, closing at ₹4,915.60 as of the latest update. This significant drop has raised investor concerns, as the stock experienced notable downward pressure throughout the week.

The stock opened at ₹5,046.50 on the last trading day of the week and closed at ₹4,915.60, marking a 2.59% decrease for the day. Despite minor gains on November 13, Britannia Industries faced consistent losses over the week, reflecting market volatility and fluctuating investor sentiment.

Weekly Performance Table

Day	Open	Close	Change %
Thu, Nov 14	₹5,046.50	₹4,915.60	-2.59%
Wed, Nov 13	₹5,009.00	₹5,046.50	+0.38%
Tue, Nov 12	₹5,420.00	₹5,027.55	-7.49%
Mon, Nov 11	₹5,801.65	₹5,434.65	-5.44%
Fri, Nov 8	₹5,682.20	₹5,747.15	+1.02%
Thu, Nov 7	₹5,710.00	₹5,688.90	-0.11%
Wed, Nov 6	₹5,636.30	₹5,694.90	+1.60%
Tue, Nov 5	₹5,634.15	₹5,605.10	-0.36%

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Britannia Industries’ market cap falls by Rs 2,935 crore as stock declines 2.47% today

Aditya Bhagchandani — Thu, 14 Nov 2024 11:26:44 +0000

Shares of Britannia Industries dropped by 2.47% today, with the price decreasing from ₹5,046.50 to ₹4,922.10. This decline led to a reduction in the company’s market capitalization, which now stands at approximately ₹1,18,557.78 crore.

Additional Trading and Price Information:

Traded Volume: 4.80 lakh shares
Traded Value: ₹237.96 crore
52-Week High: ₹6,469.90 (03-Oct-2024)
52-Week Low: ₹4,626.00 (28-Nov-2023)

Britannia Industries is part of the NIFTY 50 index and operates in the Packaged Foods sector.

Stock in Focus: Britannia Industries and Bel Group open new cheese manufacturing plant

Aditya Bhagchandani — Thu, 10 Oct 2024 00:38:37 +0000

Britannia Industries, in collaboration with Bel Group, has launched a new cheese manufacturing plant in Ranjangaon, Maharashtra.

The facility is part of their joint venture, Britannia Bel Foods, and will focus on producing The Laughing Cow cheese products to cater to growing consumer demand in India. With this new plant, Britannia aims to capture a larger share of the domestic cheese market, which has seen increased demand for high-quality cheese products.

This facility will also contribute to making premium cheese more accessible to Indian consumers. The joint venture represents a significant step forward in Britannia’s strategy to expand its presence in the dairy segment.

Britannia Industries Share Price history

Day	Open	Close	Day’s change
Wed, Oct 9 2024	₹6,158.65	₹6,097.25	-1.73%
Tue, Oct 8 2024	₹6,137.70	₹6,204.40	+1.37%
Mon, Oct 7 2024	₹6,222.65	₹6,120.30	-1.38%
Fri, Oct 4 2024	₹6,278.25	₹6,206.00	-1.99%
Thu, Oct 3 2024	₹6,444.20	₹6,331.75	-1.77%
Tue, Oct 1 2024	₹6,306.90	₹6,446.05	+1.70%
Mon, Sep 30 2024	₹6,252.65	₹6,338.15	+1.11%
Fri, Sep 27 2024	₹6,237.70	₹6,268.80	+0.24%

Top FMCG stocks in India: Market Cap, PE Ratio, Returns and Income

Arunika Jain — Tue, 14 May 2024 10:25:45 +0000

The Fast-Moving Consumer Goods (FMCG) sector in India has emerged as a significant contributor to the country’s economic growth, driven by a burgeoning population, rising disposable incomes, and evolving consumer preferences. This dynamic industry encompasses a diverse range of companies, from established multinational giants to homegrown enterprises, catering to the ever-increasing demand for consumer goods across the nation.

Analyzing the Top FMCG Stocks in India

ITC Ltd: Diversified Conglomerate with a Strong FMCG Presence

Key Metrics	ITC Ltd
Market Cap	Rs. 5,36,343.63 crores
Close Price	Rs. 429.60
PE Ratio	26.03
Total Income (31-Dec-2023)	18,787.19 crores

ITC Ltd, a diversified conglomerate, has established a formidable presence in the FMCG sector through its range of popular brands. With a market capitalization of Rs. 5,36,343.63 crores and a net profit of Rs. 5,572.07 crores in the result (31-Dec-2023) , ITC Ltd demonstrates its dominance in the industry.

HUL (Hindustan Unilever Ltd): A Global Giant’s Indian Stronghold

Key Metrics	HUL (Hindustan Unilever Ltd)
Market Cap	Rs. 5,52,388.91 crores
Close Price	Rs. 2,351.00
PE Ratio	53.95
Total Income (31-March-2024)	15,077.00 crores

Hindustan Unilever Ltd (HUL), a subsidiary of the global conglomerate Unilever, has firmly established itself as a leading FMCG player in India. With a staggering market capitalization of Rs. 15,077.00 crores as result declared on 31-March-2024, HUL has consistently delivered strong financial performance, backed by its diverse product portfolio and brand recognition.

Britannia Industries Ltd: A Household Name in Baked Goods

Key Metrics	Britannia Industries Ltd
Market Cap	Rs. 1,23,662.99 crores
Close Price	Rs. 5,134.05
PE Ratio	57.76
Total Income (31-Mar-2024)	3,979.40 crores

Britannia Industries Ltd, a renowned name in the baked goods segment, has carved a niche for itself in the Indian FMCG market. With a market capitalization of Rs. 1,23,662.99 crores, the company has demonstrated its prowess in the consumer goods sector, backed by its latest quarterly net profit/loss of Rs. 530.15 crores (Result on 31-Mar-2024).

Other Notable FMCG Players

Company	Market Cap	Close Price	PE Ratio	Total Income
Dabur India Ltd	Rs. 98,224.13 crores	Rs. 554.30	53.82	2,153.64 crores (31-Mar-2024)
Marico Ltd	Rs. 77,646.11 crores	Rs. 600.00	51.53	1,665.00 crores (31-Mar-2024)
Colgate-Palmolive (India) Ltd	Rs. 76,645.55 crores	Rs. 2818.00	60.97	1,413.54 crores (31-Dec-2023)
Emami Ltd	Rs. 22,466.66 crores	Rs. 514.70	31.18	838.24 crores (31-Dec-2023)
Godrej Consumer Products Ltd	Rs. 1,33,339.97 crores	Rs. 1303.65	73.02	2,094.16 crores (31-Mar-2024)
Procter & Gamble Hygiene and Health Care Ltd	Rs. 51,060.74 crores	Rs. 15730.00	68.46	1,015.76 crores (31-Mar-2024)
Bajaj Consumer Care Ltd	Rs. 3,374.22 crores	Rs. 236.30	21.97	247.58 crores (31-Mar-2024)

The FMCG sector in India is home to a diverse range of companies, including multinational giants and homegrown enterprises. Companies like Dabur India Ltd, Marico Ltd, Colgate-Palmolive (India) Ltd, Emami Ltd, Godrej Consumer Products Ltd, Procter & Gamble Hygiene and Health Care Ltd, and Bajaj Consumer Care Ltd have carved their niche in various segments of the consumer goods market, offering investors a multitude of investment opportunities.

As the FMCG sector in India continues to thrive, driven by a growing population, rising disposable incomes, and evolving consumer preferences, investors have a plethora of options to explore. From established multinational giants to homegrown enterprises, the sector offers a diverse range of stocks with varying market capitalizations, financial performances, and growth trajectories. However, it is crucial for investors to conduct thorough research, analyze key financial indicators, and consider factors such as market trends, consumer preferences, and competitive landscapes before making informed investment decisions in the FMCG sector.

Note: All the data for market capitalization, share prices, and financial metrics mentioned in this article is taken from NSEindia.com and is accurate as of the time of writing this article.

Disclaimer: The information provided in this article is for general informational purposes only and should not be construed as financial advice. Before making any investment decisions, it is essential to consult with a qualified financial advisor and thoroughly review the terms, conditions, and policies of the respective companies. The data and figures presented are subject to change and should be verified from official sources.

Britannia Industries reports 40% dip in Q3 Net Profit

Aditya Bhagchandani — Tue, 06 Feb 2024 14:53:16 +0000

Britannia Industries Ltd announced a 40 percent decline in its consolidated net profit for the quarter ending December 31, 2023, registering at Rs 556 crore compared to Rs 932 crore in the corresponding period last year. The results slightly fell short of Street estimates, which anticipated a net profit of Rs 566 crore based on a poll of six brokerages.

Sequentially, the company’s profit also slipped by 5 percent from Rs 587 crore in the previous quarter.

This subdued growth in Q3 FY24 is attributed to several factors including a high base effect, price reductions, intense competition, and low single-digit volume growth.

Despite these challenges, Britannia’s revenue from operations saw a marginal increase to Rs 4,256 crore from Rs 4,196 crore in the same quarter last fiscal. Analysts had predicted a 3 percent year-on-year revenue growth at Rs 4,303 crore for the quarter.

The company, known for brands like Jim Jam and NutriChoice biscuits, reported a 2 percent decline in consolidated profit before exceptional items and tax, amounting to Rs 761 crore for the third quarter compared to Rs 774 crore in the previous year.

Notably, Britannia had recorded a one-off gain of Rs 376 crore from a stake sale in the year-ago quarter.

In response to market dynamics, Britannia had previously announced price reductions on certain products, responding to competitors’ strategies leveraging declining raw material expenses to lower prices and attract more consumers.

Shares of Britannia closed 2.24 percent lower at Rs 5,006.20 apiece on the Bombay Stock Exchange (BSE) on February 6, ahead of the earnings announcement.

Britannia Q1 results: Net profit boosts to Rs 455.5 crore, revenue jumps to Rs 4,064 crore YoY

Adesh Dixit — Fri, 04 Aug 2023 15:24:37 +0000

On August 4, Britannia Industries Ltd. declared a consolidated net profit of Rs. 455.45 crore for the June quarter of FY24, up 35% from Rs. 335.74 crore reported the prior year.

The company recorded a sequential 18.3% decline in earnings from Rs 557.60 crore.

According to a regulatory filing, the company’s revenue climbed 8.36 percent from Rs 3,700.96 crore a year ago to Rs 4,010.70 crore, while it decreased 0.31 percent sequentially.

Most of the time, revenue matched expectations, while net profit fell short. Brokerages surveyed predicted Britannia’s net profit would be Rs 517 crore and revenue would be Rs 4101 crore.

EBIDTA, or earnings before interest, tax, depreciation, and amortization, increased by 37.6% to Rs 689 crore. EBIDTA margin increased by 370 basis points to 17.2 percent. One hundredth of a percentage point is known as a basis point.

“We just had a very successful fiscal year that saw an economic recovery amidst historically high inflation rates. We took the lead on pricing decisions as market leaders to counteract inflation and retain profitability. However, this quarter saw a little easing in commodity prices, which led to an increase in local competitiveness. Given that circumstance, some price adjustments were made in order to maintain profitability, remain competitive, and continue to grow top line. Managing Director and Executive Vice Chairman Varun Berry stated.

On August 4, Britannia’s stock price on the NSE ended the day 0.08 percent higher at Rs 4802.55.

Britannia Industries reports net profit of Rs 380 crore in Q4, announces dividend

Keertiman Upadhyay — Mon, 02 May 2022 12:26:06 +0000

On Monday, May 2, Britannia Industries Ltd reported its financial results for the fourth quarter ended on March 2022. The Q4 net profit surged 4.26% to Rs 379.87 crore from Rs 364.32 crore in the same quarter the previous year.

The biscuit maker recorded an income of Rs 3,508.35 crore from the sales of goods in Q4, which is up by 15.47% from Rs 3,038.13 crore in the same quarter the previous year. “In this quarter, we delivered a robust top-line growth of 15 per cent and a mid-single-digit volume growth which demonstrates the resilience of our brands and a reflection of our execution strengths across divisions and channels,” said MD, Varun Berry.

The board has recommended a dividend of Ra56.50 per share. The company has further announced the setting up of three new greenfield units. “I am pleased to announce that our new Dairy greenfield factory is on track for commercialization in the next few months. In addition, we are also in the process of setting up 3 greenfield units – in Uttar Pradesh, Tamil Nadu & Bihar,” Berry further added

Today, the shares of Britannia Industries we’re trading in the red, the shares closed 0.41% at Rs 3265.95/piece on the National Stock Exchange (NSE).

Ex-RBI Governor Urjit Patel becomes Additional Director of Britannia

Meemansa Shekhawat — Thu, 01 Apr 2021 11:34:52 +0000

The board of Britannia industries has appointed former RBI Governor Urjit Patel as its Additional Director in the category of Independent and Non-Executive Directors. He has been appointed as the additional director with effect from the 31^st of March, 2021 for a period of 5 years.

“The Board of Directors of the Company at their meeting held today 31st March, 2021, approved the appointment of Dr. Urjit Patel, as an Additional Director of the Company in the category of Non-Executive and Independent Director with effect from 31st March, 2021 for a term of 5 years, i.e., up to 30th March, 2026, subject to approval of the shareholders of the company,” Britannia Industries said in a regulatory filing on Wednesday, as quoted by IANS.

Further, a significant piece of information you must be known of is that the former governor fulfills the criteria of an independent director as per the required provisions of Companies Act, 2013 and the rules framed under the same as well as SEBI regulations, 2015.

Urjit Patel served as the Governor of the Reserve Bank of India (RBI) from September 2016 to December 2018.

Britannia Q3 reports 22.4% increase in PAT, stands at Rs 452.6 crore

Sarthak Yadav — Mon, 08 Feb 2021 21:55:20 +0000

Today, Britannia industries posted a 22.4% increase in the profit after tax (PAT) for the third quarter ending, PAT stands at Rs 452.6 crore. The company’s margins beat estimates coming in at 19.3% as compared to 16.8% in Q3 of the previous financial year.

In an investor call post the announcement of the Q3 results, the company’s Managing Director Varun Berry said, “We need to accelerate the pace of innovation which had taken a backseat during this period. We are also looking at some new launches. We will strengthen our distribution which had taken a hit from a quality standpoint because of lack of enough supervision owing to disruptions. We are going to focus on brand building and visibility as we were not advertising in the first six months of the year due to uncertainty.”

Due to COVID-19, like most FMCG companies, Britannia too continued to see higher growth in rural areas and also from traditional trades, while modern trade remained subdued in urban areas. “We are hoping that as things normalise things will fall into place with these channels as well. It is very clear which channels we are lagging in,” Berry said.

The company’s modern trade channel has also been impacted by the financial crisis faced by Future Retail and the subsequent delay in the execution of its impending deal with Reliance Retail. “Future Group used to be a very large part of our business, now it is completely muted. The other modern trade chains were also not growing much in large cities etc. Plus alternate channels like transit clusters, offices, hotels were all shut or operating at skeletal operations,” Berry explained.

In terms of their capex plans for the upcoming financial year, the company said it will review the capacity and demand outlook and decide the spend accordingly. For the whole of FY21, its capex will be at 60% of its usual spend at Rs 200 crore.

In commodity costs, a 25% increase in red palm oil prices continues to exert pressure for the company, and milk prices have started inching upwards too. Other commodity prices for raw materials like wheat and sugar are well under control, Berry added.

Britannia declared to pay Rs 83 per share as Interim Dividend

Ashutosh Jadia — Mon, 17 Aug 2020 10:00:33 +0000

Shares of Britannia Industries have been recovered to as much as 2% to Rs 3,864. The Board of Britannia Industries has declared that an interim dividend of Rs83 per equity share of the face value of Re1 each for the FY20-21.

The scrip opened at Rs 3,803.20 and has touched a high and low of Rs 3,892.30 and Rs 3,802.60 respectively.

The stock is currently trading at Rs 3,866, up by Rs 64.2 or 1.69% from its previous closing of Rs 3,801.80 on the BSE.

The record date for the purpose of determining the entitlement of the shareholders for the purpose of payment of Interim Dividend has been fixed as August 27, 2020 and the Interim Dividend will be paid to the shareholders.

Britannia share gains more than 75% in 4 months, 52-week high recorded

Chittesh Dalmia — Fri, 10 Jul 2020 10:46:38 +0000

Britannia Industries share price hit 52-week high of Rs. 3,752.50 apiece on BSE with a gain of 2% on Friday, taking the total market cap of the company to Rs 90,019 crore. Britannia Industries stock price has rallied a enormous 78% in four months from Rs 2,100.55. At the NSE, the stock touched Rs.3,753.60/share.

Recently, the company has informed that the board of directors of the company will meet on July 17, 2020, to consider and approve the Q1 FY21 results of the current fiscal.

“In the medium term, we remain positive on consumer staple companies, which are market leaders with pricing power, have shown agility in on-ground execution, have decent rural exposure, have higher direct reach in traditional channel and have built diversified portfolio along with a presence in products/categories to help leverage new-age distribution channels,” said Nirmal Bang.

Brokerage firm Angel Broking has given an ‘accumulate’ rating to the stock, with a target price of Rs 3,920. “Britannia Industries has an overall distribution reach of 5.5 million outlets. It has narrowed the gap with the No 1 player. The gap with the largest distributed brand is now just 0.8 million outlets which it expects to bridge soon and thereby become the largest player over the medium to long term,” it said.

Corporate Social Responsibility (#CSR): Britannia Marie Gold gives Rs 10 Lakhs to 10 women to start entrepreneurial journey https://t.co/sfillnQyMf @BritanniaIndLtd @GoodDayCookies #Britannia #indiacsrnetwork #Britanniamariegold

— INDIA CSR (@INDIACSR) June 30, 2020