Britannia Industries (BRITANNIA.NS)

Consumer · NSE · India

₹5,316.50+1.90% today

Fundamentals

Market cap₹1.29T
P/E ratio51.0
Dividend yield1.69%
Revenue growth (YoY)+7.9%
Profit margin13.2%
Return on equity53.3%
52-week range₹5,035.00 to ₹6,336.00
Next earnings2026-08-05

Valuation and ratings

DCF fair value₹4,039.42
Upside to fair value-24.0%
Analyst target (mean)₹6,234.88
Analyst range₹4,800.00 to ₹7,240.00
Analysts covering34
Consensus viewbuy
Moat score75/100
Overall rating52/100, Hold

Britannia Industries trades at ₹5,316.50, which is 24% above the ₹4,039.42 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 75 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 51.0 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

About Britannia Industries

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.

Industry: Packaged FoodsHQ: India

BRITANNIA.NS passes 5 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Common questions

Is Britannia Industries (BRITANNIA.NS) undervalued?

Against our discounted cash flow estimate of ₹4,039.42, BRITANNIA.NS at ₹5,316.50 is 24% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.

What is BRITANNIA.NS's P/E ratio?

BRITANNIA.NS trades at 51.0 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.