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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Britannia Industries Limited is an India-based food products company. The Company is primarily involved in manufacturing and selling various food products. The Company's product categories include biscuits, dairy, snacking, cakes, rusk, breads and nutritious bars. The…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, slow-growing business, trading cheap versus its own history.
Britannia Industries is scored on the consumer / fmcg framework. It keeps a healthy 13.1% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 1.03×). Free cash flow is worth about 1.6% of its market value.
Over the last 3 years revenue compounded at 6%/yr and profit at 3%/yr. Book value has grown 13%/yr. Return on equity is an elite 62.9%. In the latest quarter profit fell 13% versus the prior quarter.
At 45× earnings, the stock sits at the 4th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price already implies ~19%/yr earnings growth sustained for a decade — a demanding bar. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 43.03 | 8.11 | worse |
| P/B | 27.15 | — | — |
| EV/EBITDA | 30.89 | — | — |
| ROE | 62.85 | — | — |
| ROCE | 51.69 | 9.46 | better |
| ROA | 25.1 | 6.21 | better |
| Quick Ratio | 0.8 | 3.88 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Hindustan Unilever | 31.1 | 9.6 | 22.9% |
| ITC | 18.4 | 5.0 | 26.4% |
| Nestle India | 60.5 | 42.7 | 70.6% |
Revenue has grown every year across all 4 financial years shown. 5% CAGR — growing but slowly.
Operating margins have been stable around 17% — no major structural shift. Margins have declined for 2 consecutive years — watch for a structural cost problem.
ROE at 49% — the business earns well above its cost of equity. Capital efficiency declining — ROE down 16pp.
3% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 6% sequentially — momentum is building. Low quarterly variance (6% spread) — a predictable, non-seasonal revenue stream.
Profit fell 13% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 50.5% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.