With a storied history spanning a century, Britannia Industries holds a prominent position in India’s food sector, achieving annual revenues surpassing Rs. 9000 crore. Revered for its commitment to quality and innovation, Britannia has garnered widespread trust through beloved brands such as Good Day, Tiger, NutriChoice, Milk Bikis, and Marie Gold. The company offers a comprehensive range including biscuits, bread, cakes, rusk, dairy products like cheese, beverages, milk, and yogurt, catering to the diverse preferences of Indian households.
This article explores Britannia’s rich heritage, product diversity, market impact, and its journey as a cherished name in every Indian kitchen.
Britannia Industries Closes Historic Kolkata Factory Amid Modernization Drive
Britannia Industries has closed its historic Taratala factory in Kolkata, established in 1947, offering Voluntary Retirement Scheme (VRS) packages to all 150 workers. The decision to shut down the factory, the company’s second oldest in India, aligns with Britannia’s strategy to phase out older, less efficient facilities and focus on modern, high-capacity production centers. Despite holding the lease on the 11-acre Taratala land until 2048, the economic viability of operations had declined, prompting the closure. Britannia, emphasizing its commitment to Bengal, plans to invest up to ₹350 crore in a new facility, reaffirming its strategic expansion in the region.
Britannia’s Q4 FY24 Highlights: Growth, Challenges, and Strategic Expansion
- Britannia reported a 3.2% decline in consolidated net profit to ₹538.28 crore for Q4 FY24.
- Revenue from operations grew by 3% year-on-year to reach ₹4,014.07 crore.
- The company proposed a final dividend of ₹73.5 per equity share for FY24.
- Britannia expanded its distribution network, adding approximately 2,000 rural distributors and reaching about 27.9 lakh outlets directly.
- Over the past 24 months, the company achieved a significant 43% increase in operating profit.
- EBITDA for the March quarter decreased by 1.7% to ₹785.5 crore, with margins declining slightly to 19.4%.
- Strong urban demand contributed to market share gains and revenue growth.
- Britannia emphasized its cost efficiency program to mitigate impacts of fluctuating commodity prices and maintain healthy margins.
You can buy Britannia Industries shares from the following trading platforms:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| June 2024 | 5,787.72 | 5,032.80 |
| July 2024 | 5,729.84 | 4,982.47 |
| August 2024 | 5,959.04 | 5,181.77 |
| September 2024 | 6,197.40 | 5,389.04 |
| October 2024 | 6,075.88 | 5,283.37 |
| November 2024 | 6,258.16 | 5,441.88 |
| December 2024 | 6,414.61 | 5,577.92 |
Britannia Industries’ share price is poised for potential growth in 2024, with projected highs ranging from ₹5,787.72 to ₹6,414.61 by December. As of June 25th, 2024, the current price stands at ₹5,359, reflecting a market capitalization of ₹1,29,092 crore. The stock’s P/E ratio is at 60.4, with a book value of ₹164. Throughout the year, fluctuations have seen the stock trade between ₹5,726 and ₹4,348, indicating significant volatility amid market conditions and investor sentiment.
| When | Maximum Price | Minimum Price |
| January 2025 | 6,542.90 | 5,033.00 |
| February 2025 | 6,710.67 | 5,162.05 |
| March 2025 | 6,972.39 | 5,363.37 |
| April 2025 | 6,835.67 | 5,258.21 |
| May 2025 | 6,636.58 | 5,105.06 |
| June 2025 | 6,935.22 | 5,334.79 |
| July 2025 | 6,799.24 | 5,230.18 |
| August 2025 | 7,009.52 | 5,391.94 |
| September 2025 | 7,254.86 | 5,580.66 |
| October 2025 | 7,443.48 | 5,725.75 |
| November 2025 | 7,629.57 | 5,868.90 |
| December 2025 | 7,820.31 | 6,015.62 |
Britannia Industries’ share price is expected to show strong growth in 2025, with projected highs ranging from ₹6,542.90 to ₹7,820.31 by December.
| When | Maximum Price | Minimum Price |
| January 2026 | 8,054.92 | 6,196.09 |
| February 2026 | 8,261.45 | 6,354.96 |
| March 2026 | 8,583.65 | 6,602.81 |
| April 2026 | 8,415.34 | 6,473.34 |
| May 2026 | 8,170.24 | 6,284.80 |
| June 2026 | 8,537.90 | 6,567.61 |
| July 2026 | 8,370.49 | 6,438.84 |
| August 2026 | 8,629.37 | 6,637.98 |
| September 2026 | 8,931.40 | 6,870.30 |
| October 2026 | 9,163.61 | 7,048.93 |
| November 2026 | 9,392.70 | 7,225.16 |
| December 2026 | 9,627.52 | 7,405.78 |
Britannia Industries’ share price is anticipated to continue its upward trajectory in 2026, with projected highs ranging from ₹8,054.92 to ₹9,627.52 by December.
| When | Maximum Price | Minimum Price |
| January 2027 | 9,820.07 | 7,553.90 |
| February 2027 | 10,071.87 | 7,747.59 |
| March 2027 | 10,464.67 | 8,049.75 |
| April 2027 | 10,259.48 | 7,891.91 |
| May 2027 | 9,960.66 | 7,662.05 |
| June 2027 | 10,408.89 | 8,006.84 |
| July 2027 | 10,204.79 | 7,849.84 |
| August 2027 | 10,520.41 | 8,092.62 |
| September 2027 | 10,888.62 | 8,375.86 |
| October 2027 | 11,171.72 | 8,593.63 |
| November 2027 | 11,451.02 | 8,808.48 |
| December 2027 | 11,737.29 | 9,028.69 |
Britannia Industries’ share price is forecasted to see robust growth in 2027, with anticipated highs ranging from ₹9,820.07 to ₹11,737.29 by December, reflecting strong investor confidence and market performance.
| When | Maximum Price | Minimum Price |
| January 2028 | 11,972.04 | 9,209.26 |
| February 2028 | 12,279.01 | 9,445.40 |
| March 2028 | 12,757.90 | 9,813.77 |
| April 2028 | 12,507.74 | 9,621.34 |
| May 2028 | 12,143.44 | 9,341.11 |
| June 2028 | 12,689.89 | 9,761.46 |
| July 2028 | 12,441.07 | 9,570.05 |
| August 2028 | 12,825.85 | 9,866.04 |
| September 2028 | 13,274.75 | 10,211.35 |
| October 2028 | 13,619.89 | 10,476.84 |
| November 2028 | 13,960.39 | 10,738.76 |
| December 2028 | 14,309.40 | 11,007.23 |
| When | Maximum Price | Minimum Price |
| January 2029 | 14,595.59 | 11,227.38 |
| February 2029 | 14,969.84 | 11,515.26 |
| March 2029 | 15,553.66 | 11,964.35 |
| April 2029 | 15,248.69 | 11,729.76 |
| May 2029 | 14,804.55 | 11,388.11 |
| June 2029 | 15,470.75 | 11,900.58 |
| July 2029 | 15,167.41 | 11,667.24 |
| August 2029 | 15,636.50 | 12,028.08 |
| September 2029 | 16,183.78 | 12,449.06 |
| October 2029 | 16,604.56 | 12,772.74 |
| November 2029 | 17,019.67 | 13,092.05 |
| December 2029 | 17,445.16 | 13,419.36 |
| When | Maximum Price | Minimum Price |
| January 2030 | 17,794.07 | 13,687.74 |
| February 2030 | 18,250.32 | 14,038.71 |
| March 2030 | 18,962.09 | 14,586.22 |
| April 2030 | 18,590.28 | 14,300.22 |
| May 2030 | 18,048.82 | 13,883.70 |
| June 2030 | 18,861.01 | 14,508.47 |
| July 2030 | 18,491.19 | 14,223.99 |
| August 2030 | 19,063.08 | 14,663.91 |
| September 2030 | 19,730.29 | 15,177.15 |
| October 2030 | 20,243.28 | 15,571.75 |
| November 2030 | 20,749.36 | 15,961.05 |
| December 2030 | 21,268.09 | 16,360.07 |
Financial Condition of Britannia Industries: Last 5 years
| Financials | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Sales (Rs. Crores) | 11,055 | 11,600 | 13,136 | 14,136 | 16,301 | 16,769 |
| Operating Profit (Rs. Crores) | 1,732 | 1,843 | 2,509 | 2,201 | 2,831 | 3,167 |
| Other Income (Rs. Crores) | 206 | 263 | 313 | 222 | 597 | 211 |
| Net Profit (Rs. Crores) | 1,155 | 1,394 | 1,851 | 1,516 | 2,316 | 2,134 |
| EPS (Rs.) | 48.23 | 58.33 | 77.38 | 63.31 | 96.39 | 88.84 |
| Dividend Payout (%) | 31% | 60% | 204% | 89% | 75% | 83% |
Over the past five years, Britannia Industries has demonstrated robust financial growth across key metrics. From 2019 to 2024, the company’s sales have seen a consistent upward trajectory, reaching Rs. 16,769 crore, marking a significant 51% increase. Operating profits have also steadily risen from Rs. 1,732 crore to Rs. 3,167 crore, reflecting effective cost management and operational efficiency.
Other income, which includes supplementary revenue sources, notably spiked to Rs. 597 crore in 2023, indicating diversified income streams. Net profits grew to Rs. 2,134 crore, underscoring Britannia’s ability to convert revenue into sustainable earnings. Despite fluctuations, EPS improved consistently, evidencing shareholder value creation, while dividend payouts remained substantial, reinforcing investor confidence in the company’s financial stability and growth prospects.
FAQS
It is anticipated that Britannia Industries per share price will increase to ₹6,414.61 by the end of 2024.
The share price target of Britannia Industries for 2025 might be around ₹7,820.31.
The per share price of Britannia Industries might reach around ₹21,268.09 by the end of 2030.
Would it be a wise decision to invest in Britannia?
Investing in Britannia Industries appears prudent, supported by its robust financial performance with sales increasing from Rs. 11,055 crore in 2019 to Rs. 16,769 crore in 2024, consistent growth in operating profits reaching Rs. 3,167 crore, and a projected share price target of up to ₹21,268.09 by 2030, reflecting strong potential for capital appreciation and shareholder returns.
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In conclusion, Britannia Industries stands as a stalwart in India’s food sector, bolstered by its century-long legacy of quality and innovation. Despite the closure of its historic Kolkata factory, Britannia’s strategic focus on modernization underscores its commitment to efficiency and future growth. The company’s financial trajectory is impressive, with consistent sales growth and expanding profitability over the past five years, reflecting effective operational strategies. Projections for Britannia’s share price indicate substantial potential for investors, with estimates pointing towards significant appreciation by 2030. This, coupled with Britannia’s diverse product portfolio catering to varied consumer preferences, reinforces its position as a promising investment opportunity in the dynamic Indian market landscape. As Britannia continues to navigate challenges and leverage opportunities, its legacy of trust and market leadership remains pivotal, making it a compelling choice for investors seeking long-term value and growth in the food industry sector.
What did we learn?
- 1 Britannia Industries Closes Historic Kolkata Factory Amid Modernization Drive
- 2 Britannia’s Q4 FY24 Highlights: Growth, Challenges, and Strategic Expansion
- 3 How to Buy Britannia Industries shares?
- 4 Britannia Industries Share Price Prediction: 2024 – 2030
- 4.1 Britannia Industries Share Price Target 2024
- 4.2 Britannia Industries Share Price Target 2025
- 4.3 Britannia Industries Share Price Target 2026
- 4.4 Britannia Industries Share Price Target 2027
- 4.5 Britannia Industries Share Price Target 2028
- 4.6 Britannia Industries Share Price Target 2029
- 4.7 Britannia Industries Share Price Target 2030
- 5 Financial Condition of Britannia Industries: Last 5 years
- 6 FAQS
- 7 Conclusion: Britannia Industries – Navigating Growth and Opportunity in India’s Food Sector
