Britannia Industries Ltd
About
Britannia Industries Limited, founded in 1892, is one of India’s oldest food companies, headquartered in Kolkata. It deals with biscuits, bread, rusk, cakes and dairy products. Currently, it is part of the Wadia Group headed by Nusli Wadia. About 80% of its revenues come from biscuit products. The brand names of Britannia's biscuits include MarieGold, Nutrichoice, Good Day, 50 50, etc. Its operations span over 80 countries. In 1978, Britannia came out with its public issue. The company was established initially by a group of British businessmen. During World War II, it was the Britannia Biscuit Company which supplied biscuits to the British Army. The company name was changed to the current Britannia Industries Limited in 1979. The company's factories have an annual capacity of 433,000 tonnes. It also runs a non-profit Britannia Nutrition Foundation that advocates for better child nutrition and addresses child malnutrition issues in India.
Featured In Fortune India Ranking
Financial Data 2024
Fortune India Coverage
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 16980 0.1% | 16970 17.6% | 14434 7.0% | 13487 14.0% | 11827 4.5% | 11316 12.3% | 10074 8.8% | 9259 8.6% | 8526 4.8% | 8137 16.9% | 6958 11.4% | 6245 12.4% | 5559 18.7% | 4684 21.4% | 3858 9.5% | 3524 - |
| Net Operating Income (INR Cr) | 16769 2.88% | 16301 15.31% | 14136 7.61% | 13136 13.25% | 11600 4.93% | 11055 11.51% | 9914 9.50% | 9054 7.82% | 8397 6.86% | 7858 13.68% | 6913 11.76% | 6185 12.76% | 5485 19.00% | 4609 22.17% | 3773 10.28% | 3421 23.10% |
| Profit (INR Cr) | 2140 -7.8% | 2322 52.3% | 1525 -18.2% | 1864 32.9% | 1403 21.0% | 1159 15.4% | 1004 13.5% | 884 7.3% | 825 19.7% | 689 74.2% | 395 52.4% | 260 30.0% | 200 48.5% | 134 30.2% | 103 -31.9% | 151 - |
| Assets (INR Cr) | 6127 -7.8% | 6648 29.3% | 5140 -10.6% | 5750 -4.5% | 6023 34.4% | 4481 22.6% | 3656 28.0% | 2857 26.5% | 2257 59.2% | 1418 45.7% | 973 0.9% | 964 -16.6% | 1156 6.3% | 1088 15.5% | 942 -5.8% | 1000 - |
| Net Worth (INR Cr) | 3942 11.5% | 3534 38.2% | 2558 -27.9% | 3548 -19.4% | 4403 3.5% | 4253 24.9% | 3406 26.3% | 2696 28.9% | 2092 68.0% | 1245 56.0% | 798 43.1% | 558 36.3% | 409 25.5% | 326 15.3% | 283 -60.8% | 721 4.2% |
| Employee Cost (INR Cr) | 709 7.6% | 658 21.4% | 542 2.8% | 527 8.4% | 487 10.2% | 442 10.0% | 402 13.9% | 353 3.3% | 341 15.9% | 294 12.1% | 263 15.8% | 227 7.4% | 211 19.0% | 177 7.9% | 165 3.7% | 159 - |
| Interest Cost (INR Cr) | 164 | 169 | 144 | 111 | 77 | 9 | 8 | 5 | 5 | 4 | 8 | 41 | 42 | 44 | 23 | 33 |
| Cash & Bank Balance (INR Cr) | 446 | 198 | 185 | 211 | 123 | 110 | 186 | 121 | 88 | 226 | 109 | 103 | 61 | 77 | 43 | 69 |
| Total Debt (INR Cr) | 2065 | 2997 | 2481 | 2122 | 1538 | 156 | 201 | 125 | 131 | 145 | 150 | 380 | 604 | 618 | 657 | 275 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 12.6% | 13.7% | 10.6% | 13.8% | 11.9% | 10.2% | 10.0% | 9.6% | 9.7% | 8.5% | 5.7% | 4.2% | 3.6% | 2.9% | 2.7% | 4.3% |
| Profit As % Of Assets | 34.9% | 34.9% | 29.7% | 32.4% | 23.3% | 25.9% | 27.5% | 31.0% | 36.5% | 48.6% | 40.6% | 26.9% | 17.3% | 12.4% | 11.0% | 15.2% |
| Profit As % Of Networth | 54.3% | 65.7% | 59.6% | 52.5% | 31.9% | 27.3% | 29.5% | 32.8% | 39.4% | 55.3% | 49.5% | 46.5% | 48.8% | 41.2% | 36.5% | 21.0% |
| Interest Cost to EBITDA % | 5.2% | 6.0% | 6.6% | 4.4% | 4.2% | 0.5% | 0.5% | 0.4% | 0.4% | 0.5% | 1.3% | 9.8% | 13.4% | 18.4% | 17.8% | 15.4% |
| Debt to Equity Ratio | 0.52 | 0.85 | 0.97 | 0.60 | 0.35 | 0.04 | 0.06 | 0.05 | 0.06 | 0.12 | 0.19 | 0.68 | 1.48 | 1.90 | 2.32 | 0.38 |
| RONW | 57.1% | 66.6% | 49.7% | 46.6% | 32.2% | 30.2% | 32.9% | 36.9% | 49.4% | 55.0% | 58.3% | 53.5% | 54.0% | 39.1% | 24.2% | 17.4% |
| ROCE | 48.4% | 48.2% | 41.1% | 44.9% | 36.8% | 43.9% | 47.0% | 51.3% | 66.8% | 64.6% | 59.7% | 37.7% | 27.5% | 20.7% | 16.3% | 21.1% |