Britannia IndustriesNSE: BRITANNIABSE: 500825Fast Moving Consumer Goods · Packaged Foods

₹5,416.50108.00 (1.95%)

Mkt Cap: ₹1.3 L Cr.
P/E (TTM): 52.62
Open: ₹5,445.00
Day's Range: ₹5,364.00 – ₹5,460.00
52W Range: ₹5,035.00 – ₹6,336.00
Div Yield: 1.64%
EPS (TTM): ₹105.38
Book Value: ₹212.01

Britannia Industries Financial Statements

Name: Britannia Industries Financials — historical data
Creator: StockeZee

For Mar 2026, Britannia Industries reported revenue of ₹19,152 crore and net profit of ₹2,533 crore. Return on equity stands at 53.60%. Profit & loss, balance sheet and cash flow across 9 reported years are below.

Updated 31 Jul 2026Source: NSE & BSE company filingsNifty 100 constituent

Latest year revenue: ₹19,152 Cr
EBITDA: ₹3,544 Cr
Operating margin: 18.51%
Profit after tax: ₹2,533 Cr
Net margin: 13.23%
EPS: ₹105.18
Latest year: Mar 2026
Years reported: 9

Britannia Industries profit & loss

Reported annual performance for Britannia Industries, oldest to newest. Figures in ₹ crore unless a row states otherwise.

Britannia Industries annual profit and loss statement. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue from Operations	9,990	11,055	11,600	13,136	14,136	16,301	16,769	17,943	19,152
Sales Growth YoY %	—	10.66%	4.93%	13.25%	7.61%	15.31%	2.88%	7%	6.74%
Other Income	166	206	279	313	223	216	214	227	224
Total Income	10,156	11,261	11,879	13,449	14,359	16,516	16,983	18,170	19,376
Cost of Goods Sold (COGS)	6,107	6,561	6,927	7,626	8,760	9,591	9,492	10,604	11,133
Cost of Materials Consumed	4,906	5,513	5,901	6,502	7,474	8,327	8,547	9,859	10,350
Purchases of Stock-in-Trade	1,195	1,104	974	1,161	1,362	1,337	941	809	805
Changes in Inventories	6	-55	53	-37	-75	-73	4	-65	-22
Gross Profit	3,883	4,493	4,672	5,510	5,376	6,709	7,277	7,339	8,019
Gross Margin %	38.87%	40.65%	40.28%	41.95%	38.03%	41.16%	43.4%	40.9%	41.87%
Total Operating Expenses	2,381	2,760	2,829	3,001	3,174	3,878	4,107	4,151	4,474
Employee Benefit Expense	402	442	487	527	542	658	709	705	824
Other Expenses	1,980	2,318	2,342	2,473	2,632	3,220	3,399	3,447	3,650
EBITDA	1,502	1,733	1,843	2,509	2,202	2,831	3,170	3,187	3,544
OPM %	15.03%	15.68%	15.89%	19.1%	15.57%	17.37%	18.9%	17.76%	18.51%
Total Non-Operating Expenses	150	171	245	308	344	771	462	427	450
Depreciation & Amortisation	142	162	185	198	201	226	300	313	337
Finance Costs	8	9	77	111	144	169	164	139	113
Exceptional Items (Before Tax)	0	0	-17	-1	-1	376	-3	-25	0
Profit Before Tax (PBT)	1,518	1,769	1,844	2,513	2,079	3,027	2,917	2,937	3,319
Tax Expense	514	612	451	663	562	716	779	749	752
Current Tax	514	600	448	657	612	721	766	742	758
Deferred Tax	1	13	3	6	-50	-5	14	7	-7
Effective Tax %	33.87%	34.62%	24.44%	26.39%	27.06%	23.67%	26.72%	25.49%	22.65%
Total Profit for Period	1,004	1,155	1,394	1,851	1,516	2,316	2,134	2,178	2,537
Less: Non-controlling Interests	-0	-4	-9	-13	-9	-5	-6	-1	4
Net Profit (Owner's PAT)	1,004	1,159	1,403	1,864	1,525	2,322	2,140	2,179	2,533
Net Profit Margin %	10.05%	10.49%	12.09%	14.19%	10.79%	14.24%	12.76%	12.14%	13.23%
PAT Growth YoY %	—	15.42%	21.01%	32.89%	-18.19%	52.27%	-7.84%	1.82%	16.28%
Earnings Per Share (EPS)	₹41.82	₹48.23	₹58.33	₹77.38	₹63.31	₹96.39	₹88.84	₹90.45	₹105.18
Diluted Shares Outstanding (Cr.)	24	24	24	24	24	24	24	24	24
Profit/Loss from Associates	-0	-1	0	1	-0	5	-3	-11	-30
Other Comprehensive Income (Net of Tax)	-0	4	5	-2	6	15	1	6	24
Expenses	8,638	9,492	10,035	10,936	12,281	13,489	14,067	15,232	16,057
Material Cost %	49.11%	49.87%	50.87%	49.5%	52.87%	51.08%	50.97%	54.95%	54.04%
Employee Cost %	4.02%	4%	4.2%	4.01%	3.84%	4.04%	4.23%	3.93%	4.3%
Other Cost %	19.82%	20.97%	20.19%	18.83%	18.62%	19.75%	20.27%	19.21%	19.06%
Interest Coverage (x)	179.13	172.89	21.57	20.84	13.87	15.41	17.5	20.7	28.45

Britannia Industries revenue and profit trend

Reported annual revenue and net profit, oldest to newest. Two panels because the two measures live on different scales — one shared axis would distort both.

Britannia Industries balance sheet

Assets, liabilities and shareholders' equity as reported, in Schedule III order. Figures in ₹ crore unless a row states otherwise.

Britannia Industries annual balance sheet with assets, liabilities and equity. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Total Equity	4,286	4,438	3,584	2,586	3,565	3,966	4,381	5,136
Equity Share Capital	24	24	24	24	24	24	24	24
Reserves & Surplus	4,229	4,379	3,524	2,534	3,510	3,917	4,332	5,082
Equity Method Investments	1	1	2	2	495	492	484	454
Total Equity	4,286	4,438	3,584	2,586	3,565	3,966	4,381	5,136
Non-Current Liabilities	104	838	811	774	1,654	1,023	839	416
Long-term Borrowings	62	766	748	721	1,552	905	713	286
Deferred Tax Liabilities	4	13	9	1	2	2	2	2
Non-Current Provisions	11	13	—	—	26	31	33	36
Non-Current Financial Liabilities	89	813	802	773	1,626	991	805	378
Current Liabilities	1,851	2,565	3,614	4,156	4,134	4,084	3,618	4,180
Short-term Borrowings	76	748	1,339	1,760	1,429	1,136	512	1,072
Trade Payables	1,141	1,116	1,315	1,285	1,449	1,627	1,752	1,896
Current Financial Liabilities	1,486	2,176	3,010	3,469	3,376	3,265	2,696	3,414
Other Current Financial Liabilities	269	312	356	424	499	501	432	446
Other Current Liabilities	95	150	141	127	176	167	195	89
Current Provisions	197	191	387	485	513	559	605	595
Current Tax Liabilities	73	48	76	75	68	93	123	83
Total Liabilities	1,956	3,404	4,425	4,930	5,788	5,108	4,457	4,596
Total Non-Current Assets	2,715	4,167	3,589	3,545	4,606	4,225	4,925	5,054
Property, Plant & Equipment (PPE)	1,536	1,716	1,634	1,584	2,472	2,603	2,735	2,673
Capital Work-in-Progress	101	40	117	536	105	188	89	39
Intangible Assets	8	8	9	16	14	11	8	5
Investment Property	15	14	14	14	41	27	29	28
Non-Current Investments	725	1,883	1,385	927	1,028	578	1,270	1,518
Loans – Non-Current	19	203	75	100	150	—	25	25
Other Non-Current Assets	138	111	178	144	92	127	88	95
Non-Current Financial Assets	773	2,117	1,490	1,058	1,202	604	1,323	1,574
Net Fixed Assets	1,644	1,764	1,759	2,135	2,591	2,801	2,831	2,717
Total Current Assets	3,526	3,675	4,420	3,970	4,714	4,842	3,914	4,678
Inventories	781	741	1,091	1,367	1,193	1,181	1,237	1,346
Trade Receivables	394	320	257	332	329	393	449	469
Cash & Cash Equivalents	60	81	143	118	102	323	133	220
Current Investments	750	1,009	1,393	834	1,801	1,697	1,112	1,639
Loans – Current	1,204	1,110	947	698	560	460	50	65
Current Financial Assets	2,584	2,792	3,206	2,477	3,340	3,527	2,553	3,190
Other Current Assets	161	142	122	126	181	134	124	142
Other Current Financial Assets	126	230	398	428	452	531	630	665
Assets Held for Sale	—	—	—	—	32	6	—	—
Net Working Capital	1,675	1,110	805	-185	579	758	295	498
Additional Asset Fields	47	55	46	79	87	68	62	72
Def Govt Grants Curr	1	—	—	—	—	—	—	—
Def Tax Assets	14	20	10	52	57	44	37	43
Non Controlling Int	33	36	36	28	30	25	26	29
Total Assets	6,242	7,842	8,009	7,516	9,353	9,074	8,839	9,732
Total Borrowings	138	1,514	2,087	2,481	2,981	2,041	1,225	1,358
Net Debt	78	1,433	1,944	2,363	2,878	1,718	1,092	1,138
Debt to Equity (x)	0.03	0.34	0.58	0.96	0.84	0.51	0.28	0.26
Current Ratio (x)	1.9	1.43	1.22	0.96	1.14	1.19	1.08	1.12

Britannia Industries cash flow statement

Cash generated and used across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.

Britannia Industries annual cash flow statement across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Net Cash from Operating Activities	1,300	2,526	2,573	2,481	2,612
Profit Before Tax	2,079	3,027	2,917	2,937	3,319
Depreciation & Amortisation	201	226	300	313	337
Finance Costs	0	169	164	139	113
Working Capital Changes	-327	406	161	-4	-121
Tax Paid	-587	-726	-765	-689	-822
Net Cash from Investing Activities	911	-1,517	476	84	-757
Purchase of PPE	-550	-711	-562	-375	-206
Sale of Fixed Assets	3	0	0	0	0
Interest Received	207	175	170	151	143
Net Cash from Financing Activities	-2,246	-1,028	-2,830	-2,762	-1,783
Proceeds from Borrowings	612	1,318	201	-671	0
Repayment of Borrowings	-984	-791	-1,141	-149	-192
Interest Paid	-85	-196	-165	-172	-108
Dividend Paid	-2,485	-1,359	-1,732	-1,768	-1,804
Buyback / Redemption of Shares	0	0	0	0	0
Lease Liabilities Paid	0	-3	-2	-4	-3
Net Change in Cash	-32	-9	219	-194	88
Effect of Foreign Exchange Changes	3	10	1	3	16
Free Cash Flow	749	1,815	2,011	2,106	2,406
CFO / PBT (x)	0.63	0.83	0.88	0.84	0.79

Britannia Industries key ratios

Valuation, profitability, return, leverage and per-share measures computed from reported statements — not from adjusted or normalised earnings.

Britannia Industries trades at a P/E of 52.62× against a sector median of 34.07× — a 54% premium. Sector comparisons can mislead for conglomerates with mixed business lines.

Britannia Industries valuation, profitability, return and leverage ratios
Ratio	Category	Value
P/E (TTM)	Valuation	52.62
Forward P/E	Valuation	40.6
P/B	Valuation	26.11
PEG (TTM)	Valuation	16.98
EV / EBITDA (TTM)	Valuation	34.76
P/S (TTM)	Valuation	6.97
Operating margin	Profitability	18.4%
Net margin (TTM)	Profitability	13.2%
Return on equity	Return ratios	53.6%
Return on capital employed	Return ratios	56%
Return on assets	Return ratios	21.59%
Debt to equity	Leverage & liquidity	0.27
Beta	Leverage & liquidity	0.48
EPS (TTM)	Per share	₹105.38
Book value	Per share	₹212.01
Revenue / share (TTM)	Per share	₹767.29
Cash flow / share	Per share	₹108.42
Dividend yield	Shareholder returns	1.64%
Dividend payout (TTM)	Shareholder returns	71.26%

How this is calculated

Statements are as filed with the exchanges. Consolidated figures are shown where reported. Figures are in rupees crore unless the table states otherwise. Ratios are computed from the same reported statements, not from adjusted or normalised earnings.

Index membership reflects the Nifty 100 as published by NSE Indices, effective 2026-03-30.

Britannia Industries: frequently asked questions

What is Britannia Industries's annual revenue?

Britannia Industries reported revenue of ₹19,152 crore in Mar 2026, up 6.7% on the previous financial year.

Is Britannia Industries profitable?

Britannia Industries reported a net profit of ₹2,533 crore in Mar 2026, up 16.3% on the previous financial year.

What is Britannia Industries's EPS?

Britannia Industries reported earnings per share of ₹105.18 for Mar 2026.

What is Britannia Industries's operating margin?

Britannia Industries's operating margin for Mar 2026 was 18.51%.

What is Britannia Industries's return on equity?

Britannia Industries's return on equity stands at 53.60%. ROE measures profit generated per rupee of shareholder equity.

How many years of Britannia Industries financials are shown?

9 reported financial years are tabulated on this page, the most recent being Mar 2026.

Are these figures consolidated or standalone?

Consolidated figures are shown wherever the company reports them, and standalone otherwise. The basis in use is labelled on the statement table.

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Disclaimer

The data, ratios and commentary about Britannia Industries Ltd (BRITANNIA) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.