Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Britannia Industries Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 4,023 | 4,011 | 4,433 | 4,256 | 4,069 | 4,250 | 4,668 | 4,593 | 4,432 | 4,622 | 4,841 | 4,970 | 4,719 |
| Expenses + | 3,222 | 3,322 | 3,562 | 3,437 | 3,286 | 3,497 | 3,888 | 3,750 | 3,632 | 3,870 | 3,889 | 3,992 | 3,885 |
| Operating Profit | 801 | 689 | 871 | 820 | 784 | 753 | 780 | 843 | 801 | 752 | 951 | 977 | 834 |
| OPM % | 20% | 17% | 20% | 19% | 19% | 18% | 17% | 18% | 18% | 16% | 20% | 20% | 18% |
| Other Income + | 60 | 57 | 52 | 48 | 57 | 31 | 46 | 62 | 63 | 57 | 52 | 59 | 55 |
| Interest | 35 | 53 | 53 | 31 | 26 | 29 | 35 | 45 | 31 | 26 | 35 | 33 | 19 |
| Depreciation | 65 | 71 | 72 | 78 | 80 | 74 | 76 | 82 | 81 | 82 | 85 | 85 | 85 |
| Profit before tax | 761 | 622 | 799 | 758 | 735 | 681 | 715 | 778 | 752 | 701 | 884 | 919 | 785 |
| Tax % | 27% | 27% | 27% | 27% | 27% | 26% | 26% | 25% | 26% | 26% | 26% | 26% | 13% |
| Net Profit + | 558 | 455 | 586 | 556 | 537 | 505 | 532 | 582 | 559 | 520 | 655 | 682 | 680 |
| EPS in Rs | 23.19 | 19.00 | 24.39 | 23.10 | 22.35 | 20.99 | 22.06 | 24.15 | 23.25 | 21.62 | 27.17 | 28.23 | 28.16 |
Financials of Britannia Industries Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 7,858 | 8,397 | 9,054 | 9,914 | 11,055 | 11,600 | 13,136 | 14,136 | 16,301 | 16,769 | 17,943 | 19,152 |
| Expenses + | 6,988 | 7,174 | 7,776 | 8,413 | 9,322 | 9,756 | 10,627 | 11,935 | 13,470 | 13,603 | 14,766 | 15,637 |
| Operating Profit | 870 | 1,224 | 1,278 | 1,501 | 1,732 | 1,843 | 2,509 | 2,201 | 2,831 | 3,167 | 3,176 | 3,514 |
| OPM % | 11% | 15% | 14% | 15% | 16% | 16% | 19% | 16% | 17% | 19% | 18% | 18% |
| Other Income + | 228 | 115 | 151 | 166 | 206 | 263 | 313 | 222 | 597 | 211 | 202 | 224 |
| Interest | 4 | 5 | 5 | 8 | 9 | 77 | 111 | 144 | 169 | 164 | 139 | 113 |
| Depreciation | 144 | 113 | 119 | 142 | 162 | 185 | 198 | 201 | 226 | 300 | 313 | 337 |
| Profit before tax | 950 | 1,220 | 1,304 | 1,518 | 1,768 | 1,844 | 2,514 | 2,078 | 3,033 | 2,913 | 2,927 | 3,289 |
| Tax % | 28% | 32% | 32% | 34% | 35% | 24% | 26% | 27% | 24% | 27% | 26% | 23% |
| Net Profit + | 689 | 825 | 885 | 1,004 | 1,155 | 1,394 | 1,851 | 1,516 | 2,316 | 2,134 | 2,178 | 2,537 |
| EPS in Rs | 28.71 | 34.36 | 36.85 | 41.83 | 48.23 | 58.33 | 77.38 | 63.31 | 96.39 | 88.84 | 90.45 | 105.18 |
| Dividend Payout % | 28% | 29% | 30% | 30% | 31% | 60% | 204% | 89% | 75% | 83% | 83% | 86% |
Financials of Britannia Industries Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 |
| Reserves | 1,221 | 2,068 | 2,672 | 3,382 | 4,229 | 4,379 | 3,524 | 2,534 | 3,510 | 3,917 | 4,332 | 5,082 |
| Borrowings + | 145 | 131 | 125 | 201 | 156 | 1,538 | 2,107 | 2,481 | 2,997 | 2,065 | 1,247 | 1,380 |
| Other Liabilities + | 1,403 | 1,271 | 1,288 | 1,581 | 1,829 | 1,889 | 2,345 | 2,487 | 2,819 | 3,065 | 3,235 | 3,245 |
| Total Liabilities | 2,793 | 3,494 | 4,109 | 5,188 | 6,238 | 7,830 | 8,000 | 7,527 | 9,351 | 9,072 | 8,837 | 9,732 |
| Fixed Assets + | 844 | 950 | 1,160 | 1,346 | 1,688 | 1,878 | 1,793 | 1,753 | 2,655 | 2,771 | 2,904 | 2,850 |
| CWIP | 48 | 90 | 30 | 203 | 101 | 40 | 117 | 536 | 105 | 188 | 89 | 39 |
| Investments | 518 | 788 | 487 | 1,079 | 1,476 | 2,893 | 2,781 | 1,762 | 3,324 | 2,767 | 2,865 | 3,610 |
| Other Assets + | 1,383 | 1,665 | 2,432 | 2,560 | 2,972 | 3,019 | 3,310 | 3,475 | 3,266 | 3,346 | 2,978 | 3,233 |
| Total Assets | 2,793 | 3,494 | 4,109 | 5,188 | 6,238 | 7,830 | 8,000 | 7,527 | 9,351 | 9,072 | 8,837 | 9,732 |
Financials of Britannia Industries Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 584 | 959 | 441 | 1,249 | 1,156 | 1,485 | 1,851 | 1,300 | 2,526 | 2,573 | 2,481 | 2,612 |
| Cash from Investing Activity + | -450 | -705 | -150 | -957 | -852 | -1,526 | 459 | 914 | -1,507 | 485 | 87 | -757 |
| Cash from Financing Activity + | -181 | -246 | -295 | -232 | -353 | 58 | -2,244 | -2,246 | -1,028 | -2,839 | -2,762 | -1,783 |
| Net Cash Flow | -47 | 8 | -4 | 60 | -49 | 17 | 66 | -32 | -9 | 219 | -194 | 72 |
| Free Cash Flow | 631 | 710 | 89 | 828 | 756 | 1,241 | 1,611 | 752 | 1,893 | 2,085 | 2,110 | 2,408 |
| CFO/OP | 102% | 111% | 66% | 116% | 101% | 108% | 99% | 86% | 115% | 105% | 100% | 98% |
Financials of Britannia Industries Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 6 | 7 | 7 | 11 | 13 | 10 | 7 | 9 | 7 | 9 | 9 | 9 |
| Inventory Days | 31 | 32 | 43 | 39 | 43 | 39 | 52 | 57 | 45 | 45 | 43 | 44 |
| Days Payable | 55 | 56 | 49 | 59 | 63 | 55 | 63 | 55 | 55 | 63 | 60 | 62 |
| Cash Conversion Cycle | -17 | -16 | 1 | -9 | -7 | -6 | -4 | 10 | -2 | -9 | -9 | -9 |
| Working Capital Days | -22 | -5 | 28 | 17 | 27 | -1 | -22 | -31 | -31 | -30 | -23 | 3 |
| ROCE % | 66% | 68% | 52% | 47% | 44% | 37% | 45% | 41% | 49% | 49% | 53% | 56% |