Scrip Watch

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

Britannia Industries Ltd. 
Packaged Foods
FV – Rs 1; 52wks H/L – 3472.05/2610.03; TTQ – 0.24 Lacs; CMP – Rs 2867.20 (As On June 19th, 2019);                      
Market Cap – Rs 68904.06 Cr.

Consolidated Financials and Valuations (Amt in Rs Crs unless specified)

Year Equity Capital Net Worth Long Term Debt Total Sales PAT BV(Rs) EPS (Rs) P/E P/BV Industry P/E Promoter’s Holdings
2019 24 4253 62 11261 1155 177 48.1 59.6 16.2 51.98 50.66
2018 24 3406 85 10156 1004 142 41.8 68.6 20.2 51.98 50.7

 

Consolidated Financial Trends (Rs. Cr):

Particulars FY19 FY18 FY17 FY16
Equity Paid Up 24 24 24 24
Networth 4253 3406 2696 2092
Total Debt 138 178 116 124
Net Sales 11055 9990 9324 8626
Other Income 206 166 151 124
PAT 1155 1004 885 825
Book Value (Rs) 177 142 112 87
EPS (Rs) 48.1 41.8 37 34

 

Management:

Chairman: Nusli N Wadia

Managing Director: Varun Berry

Chief Financial Officer: N. Venkataraman

Company Secretary: Jairaj Bham

 

Major Non Promoter Holdings:

Company No. of Shares % of Shares
LIC of India Child Fortune Plus Growth Fund 13,609,111 5.66
Arisaig India Fund Limited 3,642,262 1.52

 

Overview:

  • Britannia Industries is one of India’s leading food companies with a 100 year legacy and annual revenues in excess of Rs. 9000 Cr.
  • They manufacture India’s favorite brands like Good Day, Tiger, NutriChoice, Milk Bikis and Marie Gold which are household names in India.
  • Britannia’s product portfolio includes Biscuits, Bread, Cakes, Rusk, and Dairy products including Cheese, Beverages, Milk and Yoghurt.
  • Britannia Bread is the largest brand in the organized bread market with an annual turnover of over 1 lac tons in volume and Rs.450 crores in value.

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