A deep dive into Britannia Industries Ltd. (BRITANNIA) — examining the financials, valuation picture, and who owns the stock.
Britannia Revenue Trend
At ₹18,170 Cr, Britannia Industries Ltd.'s FY2025 revenue was 7.0% ahead of the ₹16,983 Cr posted in FY2024.
Stepping back, the 10-year revenue CAGR of 8.7% shows Britannia Industries Ltd. has been growing at a moderate, sustainable pace.
At ₹18,170 Cr in annual revenue, Britannia Industries Ltd. is one of the major players in the food and food processing space.
Revenue has moved in the same direction for 10 years running, suggesting the growth trend has structural legs.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹18,170 Cr | +7.0% |
| FY2024 | ₹16,983 Cr | +4.2% |
| FY2023 | ₹16,301 Cr | +15.3% |
| FY2022 | ₹14,136 Cr | +7.6% |
| FY2021 | ₹13,136 Cr | — |
View Britannia Industries Ltd.'s full 10-year revenue trend with CAGR analysis →
Britannia Profitability
Earnings came in strong at ₹2,178 Cr for FY2025, marking a 2.0% gain over the ₹2,134 Cr posted in FY2024.
Net profit margin compressed to 12.0% in FY2025 from 12.6% in FY2024.
Diluted EPS stood at ₹90.45 in FY2025, compared to ₹88.84 in FY2024.
Is Britannia Undervalued
Based on the P/E Ratio model, Britannia Industries Ltd.'s fair value works out to ₹5,173 — 2.2% upside from where it trades today.
Britannia Industries Ltd. shares are currently trading at ₹5,064.00.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹5,173 | 2.2% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Britannia Industries Ltd. with detailed assumptions →
Britannia Shareholding Pattern
The promoter group has maintained its 50.5% holding through the last 4 quarters.
As of December 2025, FIIs own 14.9% of the company — down from 15.7% a year earlier.
The DII stake stands at 19.6% as of December 2025, versus 18.3% in the year-ago period.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Dec 2025 | 50.5% | 14.9% | 19.6% | 15.0% |
| Sep 2025 | 50.5% | 15.0% | 19.4% | 15.0% |
| Jun 2025 | 50.5% | 15.6% | 18.7% | 15.2% |
| Mar 2025 | 50.5% | 15.7% | 18.3% | 15.5% |
Track quarterly shareholding changes for Britannia Industries Ltd. →
Britannia Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
FY2025 total assets: ₹88.39B (down 2.6% YoY from ₹90.74B).
Top categories: Property, Plant & Equipment (32.3%), Investments (19.8%), Cash & ST Investments (16.1%).
Of the ₹88.39B in liabilities and equity, 49.6% is shareholder equity, 13.9% is interest-bearing debt, and 36.6% is operating liabilities. Over the year, debt is down 40.7% and equity is up 10.5%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 14.24B |
| Receivables | 4.49B |
| Inventories | 12.37B |
| Property, Plant & Equipment | 28.53B |
| Investments | 17.54B |
| Intangibles & Goodwill | 1.40B |
| Other Assets | 9.83B |
| Category | Value |
|---|---|
| Equity | 43.81B |
| Short-term Debt | 5.12B |
| Long-term Debt | 7.13B |
| Trade Payables | 21.84B |
| Other Liabilities | 10.49B |
Britannia Key Takeaways
Pulling it all together, here's what the numbers say about Britannia Industries Ltd. (BRITANNIA) heading into the next fiscal year.
Revenue of ₹18,170 Cr in FY2025, up 7.0% year-over-year.
Long-term revenue has been compounding at 8.7% annually over 10 years.
The company is profitable, with a net margin of 12.0% and net income of ₹2,178 Cr.
The P/E Ratio model implies 2.2% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
There's more to the story. Craytheon's full profile for Britannia Industries Ltd. includes three valuation models, decade-long financials, and insider activity.