About
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, Little Hearts, Treat, 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 name. 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.
Key Metrics
as of Sep 2026Market Cap122,879 Cr
P/E47.20
Div Yield1.77 %
Book Value₹212.00
52w High₹6,320.00
52w Low₹5,035.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,000.00 | 4,719.00 | 4,970.00 | 4,841.00 | 4,622.00 | 4,432.00 | 4,593.00 | 4,668.00 | 4,250.00 | 4,069.00 | 4,256.00 | 4,433.00 | 4,011.00 |
| Expenses | 4,162.00 | 3,885.00 | 3,992.00 | 3,889.00 | 3,870.00 | 3,632.00 | 3,750.00 | 3,888.00 | 3,497.00 | 3,286.00 | 3,437.00 | 3,562.00 | 3,322.00 |
| Operating Profit | 838.00 | 834.00 | 977.00 | 951.00 | 752.00 | 801.00 | 843.00 | 780.00 | 753.00 | 784.00 | 820.00 | 871.00 | 689.00 |
| OPM % | 17.00 | 18.00 | 20.00 | 20.00 | 16.00 | 18.00 | 18.00 | 17.00 | 18.00 | 19.00 | 19.00 | 20.00 | 17.00 |
| Other Income | 61.00 | 55.00 | 59.00 | 52.00 | 57.00 | 63.00 | 62.00 | 46.00 | 31.00 | 57.00 | 48.00 | 52.00 | 57.00 |
| Depreciation | 80.00 | 85.00 | 85.00 | 85.00 | 82.00 | 81.00 | 82.00 | 76.00 | 74.00 | 80.00 | 78.00 | 72.00 | 71.00 |
| Interest | 23.00 | 19.00 | 33.00 | 35.00 | 26.00 | 31.00 | 45.00 | 35.00 | 29.00 | 26.00 | 31.00 | 53.00 | 53.00 |
| Profit before tax | 797.00 | 785.00 | 919.00 | 884.00 | 701.00 | 752.00 | 778.00 | 715.00 | 681.00 | 735.00 | 758.00 | 799.00 | 622.00 |
| Tax % | 26.00 | 13.00 | 26.00 | 26.00 | 26.00 | 26.00 | 25.00 | 26.00 | 26.00 | 27.00 | 27.00 | 27.00 | 27.00 |
| Net Profit | 593.00 | 680.00 | 682.00 | 655.00 | 520.00 | 559.00 | 582.00 | 532.00 | 505.00 | 537.00 | 556.00 | 586.00 | 455.00 |
| EPS in Rs | 24.55 | 28.16 | 28.23 | 27.17 | 21.62 | 23.25 | 24.15 | 22.06 | 20.99 | 22.35 | 23.10 | 24.39 | 19.00 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 19,152.00 | 17,943.00 | 16,769.00 | 16,301.00 | 14,136.00 | 13,136.00 | 11,600.00 | 11,055.00 | 9,914.00 | 9,054.00 | 8,397.00 | 7,858.00 |
| Expenses | 15,637.00 | 14,766.00 | 13,603.00 | 13,470.00 | 11,935.00 | 10,627.00 | 9,756.00 | 9,322.00 | 8,413.00 | 7,776.00 | 7,174.00 | 6,988.00 |
| Operating Profit | 3,514.00 | 3,176.00 | 3,167.00 | 2,831.00 | 2,201.00 | 2,509.00 | 1,843.00 | 1,732.00 | 1,501.00 | 1,278.00 | 1,224.00 | 870.00 |
| OPM % | 18.00 | 18.00 | 19.00 | 17.00 | 16.00 | 19.00 | 16.00 | 16.00 | 15.00 | 14.00 | 15.00 | 11.00 |
| Other Income | 224.00 | 202.00 | 211.00 | 597.00 | 222.00 | 313.00 | 263.00 | 206.00 | 166.00 | 151.00 | 115.00 | 228.00 |
| Interest | 113.00 | 139.00 | 164.00 | 169.00 | 144.00 | 111.00 | 77.00 | 9.00 | 8.00 | 5.00 | 5.00 | 4.00 |
| Depreciation | 337.00 | 313.00 | 300.00 | 226.00 | 201.00 | 198.00 | 185.00 | 162.00 | 142.00 | 119.00 | 113.00 | 144.00 |
| Profit before tax | 3,289.00 | 2,927.00 | 2,913.00 | 3,033.00 | 2,078.00 | 2,514.00 | 1,844.00 | 1,768.00 | 1,518.00 | 1,304.00 | 1,220.00 | 950.00 |
| Tax % | 23.00 | 26.00 | 27.00 | 24.00 | 27.00 | 26.00 | 24.00 | 35.00 | 34.00 | 32.00 | 32.00 | 28.00 |
| Net Profit | 2,537.00 | 2,178.00 | 2,134.00 | 2,316.00 | 1,516.00 | 1,851.00 | 1,394.00 | 1,155.00 | 1,004.00 | 885.00 | 825.00 | 689.00 |
| EPS in Rs | 105.18 | 90.45 | 88.84 | 96.39 | 63.31 | 77.38 | 58.33 | 48.23 | 41.83 | 36.85 | 34.36 | 28.71 |
| Dividend Payout % | 86.00 | 83.00 | 83.00 | 75.00 | 89.00 | 204.00 | 60.00 | 31.00 | 30.00 | 30.00 | 29.00 | 28.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 |
| Reserves | 5,082.00 | 4,332.00 | 3,917.00 | 3,510.00 | 2,534.00 | 3,524.00 | 4,379.00 | 4,229.00 | 3,382.00 | 2,672.00 | 2,068.00 | 1,221.00 |
| Borrowings | 1,380.00 | 1,247.00 | 2,065.00 | 2,997.00 | 2,481.00 | 2,107.00 | 1,538.00 | 156.00 | 201.00 | 125.00 | 131.00 | 145.00 |
| Other Liabilities | 3,243.00 | 3,235.00 | 3,065.00 | 2,819.00 | 2,487.00 | 2,345.00 | 1,889.00 | 1,829.00 | 1,581.00 | 1,288.00 | 1,271.00 | 1,403.00 |
| Total Liabilities | 9,730.00 | 8,837.00 | 9,072.00 | 9,351.00 | 7,527.00 | 8,000.00 | 7,830.00 | 6,238.00 | 5,188.00 | 4,109.00 | 3,494.00 | 2,793.00 |
| Fixed Assets | 2,850.00 | 2,904.00 | 2,771.00 | 2,655.00 | 1,753.00 | 1,793.00 | 1,878.00 | 1,688.00 | 1,346.00 | 1,160.00 | 950.00 | 844.00 |
| CWIP | 39.00 | 89.00 | 188.00 | 105.00 | 536.00 | 117.00 | 40.00 | 101.00 | 203.00 | 30.00 | 90.00 | 48.00 |
| Investments | 3,610.00 | 2,865.00 | 2,767.00 | 3,324.00 | 1,762.00 | 2,781.00 | 2,893.00 | 1,476.00 | 1,079.00 | 487.00 | 788.00 | 518.00 |
| Other Assets | 3,232.00 | 2,978.00 | 3,346.00 | 3,266.00 | 3,475.00 | 3,310.00 | 3,019.00 | 2,972.00 | 2,560.00 | 2,432.00 | 1,665.00 | 1,383.00 |
| Total Assets | 9,730.00 | 8,837.00 | 9,072.00 | 9,351.00 | 7,527.00 | 8,000.00 | 7,830.00 | 6,238.00 | 5,188.00 | 4,109.00 | 3,494.00 | 2,793.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 2,612.00 | 2,491.00 | 2,573.00 | 2,526.00 | 1,300.00 | 1,851.00 | 1,485.00 | 1,156.00 | 1,249.00 | 441.00 | 959.00 | 584.00 |
| Cash from Investing Activity | -741.00 | 69.00 | 485.00 | -1,507.00 | 914.00 | 459.00 | -1,526.00 | -852.00 | -957.00 | -150.00 | -705.00 | -450.00 |
| Cash from Financing Activity | -1,783.00 | -2,754.00 | -2,839.00 | -1,028.00 | -2,246.00 | -2,244.00 | 58.00 | -353.00 | -232.00 | -295.00 | -246.00 | -181.00 |
| Net Cash Flow | 88.00 | -194.00 | 219.00 | -9.00 | -32.00 | 66.00 | 17.00 | -49.00 | 60.00 | -4.00 | 8.00 | -47.00 |
| Free Cash Flow | 2,408.00 | 2,120.00 | 2,085.00 | 1,893.00 | 752.00 | 1,611.00 | 1,241.00 | 756.00 | 828.00 | 89.00 | 710.00 | 631.00 |
| CFO/OP % | 98.00 | 100.00 | 105.00 | 115.00 | 86.00 | 99.00 | 108.00 | 101.00 | 116.00 | 66.00 | 111.00 | 102.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 9.00 | 9.00 | 9.00 | 7.00 | 9.00 | 7.00 | 10.00 | 13.00 | 11.00 | 7.00 | 7.00 | 6.00 |
| Inventory Days | 44.00 | 43.00 | 45.00 | 45.00 | 57.00 | 52.00 | 39.00 | 43.00 | 39.00 | 43.00 | 32.00 | 31.00 |
| Days Payable | 62.00 | 60.00 | 63.00 | 55.00 | 55.00 | 63.00 | 55.00 | 63.00 | 59.00 | 49.00 | 56.00 | 55.00 |
| Cash Conversion Cycle | -9.00 | -9.00 | -9.00 | -2.00 | 10.00 | -4.00 | -6.00 | -7.00 | -9.00 | 1.00 | -16.00 | -17.00 |
| Working Capital Days | -28.00 | -23.00 | -30.00 | -31.00 | -31.00 | -22.00 | -1.00 | 27.00 | 17.00 | 28.00 | -5.00 | -22.00 |
| ROCE % | 56.00 | 53.00 | 49.00 | 49.00 | 41.00 | 45.00 | 37.00 | 44.00 | 47.00 | 52.00 | 68.00 | 66.00 |
Corporate Actions
38 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 31 Jul 2026 | 31 Jul 2026 | — | 90.50 | |
| Dividend | 04 Aug 2025 | 04 Aug 2025 | — | 75.00 | |
| Dividend | 05 Aug 2024 | — | — | 73.50 | |
| Other | 21 Aug 2023 | — | — | — | Annual General Meeting |
| Dividend | 13 Apr 2023 | 13 Apr 2023 | — | 72.00 | |
| Dividend | 20 Jun 2022 | — | — | 56.50 | |
| Other | 30 Aug 2021 | — | — | — | Annual General Meeting |
| Dividend | 25 May 2021 | 27 May 2021 | — | 12.50 | |
| Other | 25 May 2021 | 27 May 2021 | — | — | Scheme of Arrangement |
| Other | 25 May 2021 | 27 May 2021 | — | — | Scheme Of Arangement- Bonus - 1 Debenture For 1 Equity Share Held |
| Dividend | 08 Apr 2021 | 10 Apr 2021 | — | 62.00 | |
| Dividend | 26 Aug 2020 | 27 Aug 2020 | — | 83.00 | |
| Other | 29 Jun 2020 | — | — | — | Annual General Meeting |
| Dividend | 29 Apr 2020 | 02 May 2020 | — | 35.00 | |
| Other | 22 Aug 2019 | 23 Aug 2019 | — | — | Scheme of Arrangement |
| Other | 22 Aug 2019 | 23 Aug 2019 | — | — | Scheme Of Arangement- Bonus - 1 Debenture For 1 Equity Share Held |
| Dividend | 01 Aug 2019 | — | — | 15.00 | |
| Split | 29 Nov 2018 | 30 Nov 2018 | 2:1 | — | |
| Dividend | 27 Jul 2018 | — | — | 25.00 | |
| Dividend | 28 Jul 2017 | — | — | 22.00 | |
| Dividend | 29 Jul 2016 | — | — | 20.00 | |
| Dividend | 27 Jul 2015 | — | — | 16.00 | |
| Dividend | 23 Jul 2014 | — | — | 12.00 | |
| Dividend | 23 Jul 2013 | — | — | 8.50 | |
| Dividend | 17 Jul 2012 | — | — | 8.50 | |
| Dividend | 19 Jul 2011 | — | — | 6.50 | |
| Split | 08 Sep 2010 | 09 Sep 2010 | 10:2 | — | |
| Dividend | 23 Jul 2010 | — | — | 25.00 | |
| Bonus | 08 Mar 2010 | 09 Mar 2010 | 1:1 | — | |
| Other | 08 Mar 2010 | 09 Mar 2010 | — | — | Scheme of Arrangement |
| Other | 14 Aug 2009 | — | — | — | Annual General Meeting |
| Dividend | 09 Jun 2009 | 10 Jun 2009 | — | 40.00 | |
| Dividend | 14 Jul 2008 | — | — | 18.00 | NSE/BSE dividend mismatch: NSE=1.8; BSE=18.0 |
| Dividend | 14 Jul 2008 | — | — | 1.80 | NSE/BSE dividend mismatch: NSE=1.8; BSE=18.0 |
| Dividend | 30 Aug 2007 | — | — | 15.00 | |
| Dividend | 18 Jul 2006 | — | — | 15.00 | |
| Other | 08 Jul 2005 | — | — | — | Agm/Div.Rs.14/- Per Share |
| Dividend | 02 Jul 2001 | — | — | 5.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update14 Aug from crisil
-
Rating update8 Oct 2025 from crisil
-
Rating update30 Sep 2025 from crisil
-
Rating update23 Oct 2024 from crisil
-
Rating update1 Oct 2024 from crisil
-
Rating update30 Sep 2024 from crisil
Conference Calls
- PPT
- PPT
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript