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Fundamentals for Britannia Industries Limited
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Fundamentals for Britannia Industries Limited
Business Operations:
Sector: Consumer DefensiveIndustry: Packaged Foods
Britannia Industries Limited manufactures and sells various food products in India and internationally. The company offers biscuits under the Good Day, Marie Gold, NutriChoice, Milk Bikis, Tiger, 50-50, Jim Jam, Britannia Bourbon, Treat, Little Hearts, Pure Magic, Nice Time, and Biscafe brand names; cakes under the Muffills, Fudge It, Gobbles, Layerz, Tiffin Fun, Rollyo, and Nut & Raisin Romance Cake brand names; rusks under the Toastea brand; center filled croissants under the Treat Croissant brand; wafers under Treat Creme Wafers brand; and Snacks under Time Pass brand. It also offers dairy products, such as cheese and dairy whitener, as well as gourmet, wheat flour, and white breads under Britannia brand; milkshakes, lassi, and flavored milk under Winkin' Cow brand; Paneer and Dahi under Come Alive brand; and nutritious bars under Be You Protein Bars brand name. The company exports its products to approximately 80 countries worldwide. Britannia Industries Limited was founded in 1892 and is based in Bengaluru, India.
Revenue projections:
With BRITANNIA's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
| currentRatio | 1.119000 |
|---|---|
| forwardPE | 39.372025 |
| debtToEquity | 26.875000 |
| earningsGrowth | 0.211000 |
| revenueGrowth | 0.079000 |
| grossMargins | 0.418700 |
| operatingMargins | 0.162670 |
| trailingEps | 105.210000 |
| forwardEps | 129.965380 |
BRITANNIA's current ratio is 1.119, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting BRITANNIA has no trouble covering its short-term financial obligations.
BRITANNIA's low Debt-to-Equity ratio shows the company avoids heavy reliance on debt. This balanced approach reduces financial risk, as it maintains a healthy equity position without excessive leverage, providing greater financial stability and flexibility.
BRITANNIA's forward EPS being higher than its trailing EPS suggests that the company is expected to generate stronger profits this year. This points to improving financial performance, with BRITANNIA anticipated to deliver better earnings than it did in the prior year.
Price projections:
BRITANNIA's price has consistently been situated near the lower end of expected values. This ongoing trend may reflect investor skepticism about the company's growth potential and overall performance.
Recommendation changes over time:
The analysts' recent buy bias for Britannia Industries Limited indicates strong confidence in the stock's future performance. This could encourage more investors to view Britannia Industries Limited as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.
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