One of India’s top food businesses, Britannia Industries Limited has a significant market share in the baking and dairy industries. The business has a long, illustrious history and is well-known for its renowned brand, Britannia, which is well-known throughout India. Britannia Industries has experienced impressive growth in recent years and has managed to hold onto its position as one of the best-performing businesses in the food sector.
When assessing Britannia Industries’ growth potential, several key factors come into play. To begin, over the past five years, the company has maintained a consistent and robust financial performance, marked by impressive sales growth and increasing profitability. Furthermore, Britannia Industries has been actively extending its footprint into new geographic regions. Notably, its latest partnership in Kenya opens up opportunities for further expansion across Africa.
Investors frequently want to know the company’s future prospects, particularly in terms of the share price. In order to estimate Britannia Industries’ share price target for the foreseeable future, we will examine the company’s finances, growth prospects, and numerous market aspects in this article.
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Contents
HOW TO BUY BRITANNIA SHARES:
You have the option to purchase shares of Britannia Industries through various trading platforms, including:
- Zerodha
- Upstox
- Groww
- AngelOne
BRITANNIA IN RECENT NEWS
- In Q1 FY2024, Britannia Industries reports a remarkable 35.65% surge in net profit, reaching Rs 455.45 Crore.
- While the company’s revenue shows healthy growth, with an 8.36% increase, there is an 18.3% sequential dip in net profit during the same period.
- Britannia Industries experiences a 3% decline in its stock price as its Q1FY24 results fall short of Street estimates.
BRITANNIA SHARE PRICE TARGET 2023
| BRITANNIA SHARE PRICE TARGET 2023 | Maximum Price | Minimum Price |
| September 2023 | ₹4,750.00 | ₹4,318.18 |
| October 2023 | ₹4,611.65 | ₹4,192.41 |
| November 2023 | ₹4,703.88 | ₹4,276.26 |
| December 2023 | ₹4,845.00 | ₹4,037.50 |
The predicted share prices of Britannia Industries for 2023, the company’s shares are expected to experience a bullish uptrend in the upcoming year. The table indicates that the share prices are likely to increase steadily from September 2023, with a maximum price of ₹4,750.00 and a minimum price of ₹4,318.18 . In december maximun price is ₹4,845.00 and a minimum of ₹4,037.50
BRITANNIA SHARE PRICE TARGET 2024
| BRITANNIA SHARE PRICE TARGET 2024 | Maximum Price | Minimum Price |
| January 2024 | ₹6,061.56 | ₹7,258.46 |
| February 2024 | ₹9,057.94 | ₹7,548.28 |
| March 2024 | ₹9,534.67 | ₹7,751.76 |
| April 2024 | ₹8,667.88 | ₹6,667.60 |
| May 2024 | ₹7,223.23 | ₹5,556.33 |
| June 2024 | ₹8,667.88 | ₹6,667.60 |
| July 2024 | ₹7,367.70 | ₹5,711.39 |
| August 2024 | ₹8,104.47 | ₹6,432.12 |
| September 2024 | ₹8,509.69 | ₹6,545.92 |
| October 2024 | ₹10,011.40 | ₹7,701.08 |
| November 2024 | ₹10,511.97 | ₹8,086.13 |
| December 2024 | ₹10,722.21 | ₹8,247.86 |
The predicted share prices of Britannia Industries for 2024 indicates that the company’s shares are likely to continue experiencing a bullish trend. The maximum and minimum share prices predicted for 2024 are ₹10,722.21 and ₹1,037.03, respectively. The share prices are expected to reach their peak in December 2024, with a maximum price of ₹10,722.21 and a minimum price of ₹8,247.86.
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BRITANNIA SHARE PRICE TARGET 2025
| BRITANNIA SHARE PRICE TARGET 2025 | Maximum Price | Minimum Price |
| January 2025 | ₹10,936.66 | ₹8,412.81 |
| February 2025 | ₹11,512.27 | ₹8,855.59 |
| March 2025 | ₹12,087.88 | ₹9,298.37 |
| April 2025 | ₹10,792.75 | ₹8,302.12 |
| May 2025 | ₹9,811.59 | ₹7,547.38 |
| June 2025 | ₹10,792.75 | ₹8,302.12 |
| July 2025 | ₹10,278.81 | ₹7,906.78 |
| August 2025 | ₹10,707.10 | ₹8,236.23 |
| September 2025 | ₹11,242.45 | ₹8,648.04 |
| October 2025 | ₹11,917.00 | ₹9,166.92 |
| November 2025 | ₹12,751.19 | ₹9,808.61 |
| December 2025 | ₹13,006.21 | ₹10,004.78 |
Britannia Industries Ltd’s stock price is expected to see a steady uptrend in 2025, as per the given data. The maximum price target for January 2025 is ₹10,936.66, whereas the minimum price target is ₹8,412.81. The stock price is expected to continue to rise over the months, with a maximum target of ₹13,006.21 in December 2025 and a minimum target of ₹10,004.78 in the same month. Overall, the growth percentage for the year looks promising, indicating that the company’s stock is likely to remain bullish, presenting a potentially profitable investment opportunity for the investors.
BRITANNIA SHARE PRICE TARGET 2026 TO 2030
| BRITANNIA SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹9,104.35 | ₹6,373.04 |
| 2027 | ₹7,738.70 | ₹5,417.09 |
| 2028 | ₹13,929.65 | ₹9,750.76 |
| 2029 | ₹28,613.67 | ₹20,029.57 |
| 2030 | ₹31,865.22 | ₹22,305.65 |
Looking ahead to the coming years, the outlook for Britannia Industries appears to be largely positive. According to the data, the maximum price target for 2026 is ₹9,104.35 and the minimum is ₹6,373.04. For 2027, the maximum price target is ₹7,738.70 and the minimum is ₹5,417.09. However, by 2028, the maximum price target jumps to ₹13,929.65 with a minimum of ₹9,750.76, indicating a bullish trend in the long term. By 2029, the maximum price target is predicted to soar to ₹28,613.67 with a minimum of ₹20,029.57, marking an impressive growth percentage over the years. Finally, the year 2030 is predicted to see the maximum price target reach ₹31,865.22, with a minimum of ₹22,305.65. These projections suggest a strong uptrend in the Britannia Industries share price, making it an appealing option for investors looking for long-term growth opportunities.
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FINANCIAL STRENGTH OF BRITANNIA INDUSTRIES LTD (2019 TO 2023)
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Sales (in Rs Crore) | 11,055 | 11,600 | 13,136 | 14,136 | 16,301 |
| Expenses (in Rs Crore) | 9,322 | 9,756 | 10,627 | 11,935 | 13,470 |
| Operating Profit (in Rs Crore) | 1,732 | 1,843 | 2,509 | 2,201 | 2,831 |
| OPM % | 16% | 16% | 19% | 16% | 17% |
| Other Income (in Rs Crore) | 206 | 263 | 313 | 222 | 597 |
| Interest (in Rs Crore) | 9 | 77 | 111 | 144 | 169 |
| Depreciation (in Rs Crore) | 162 | 185 | 198 | 201 | 226 |
| Profit Before Tax (in Rs Crore) | 1,768 | 1,844 | 2,514 | 2,078 | 3,033 |
| Tax % | 35% | 24% | 26% | 27% | 24% |
| Net Profit (in Rs Crore) | 1,155 | 1,394 | 1,851 | 1,516 | 2,316 |
| EPS (in Rs) | 48.23 | 58.33 | 77.38 | 63.31 | 96.39 |
| Dividend Payout % | 31% | 60% | 204% | 89% | 75% |
In the last five years, Britannia Industries has exhibited a robust financial performance characterized by significant growth in both revenue and profitability. The company’s sales have steadily increased from Rs 11,055 crore in March 2019 to an impressive Rs 16,301 crore in March 2023. Operating profit margins remained consistently healthy, hovering around 17% on average. Furthermore, the company’s net profit saw substantial growth, reaching Rs 2,316 crore in March 2023, compared to Rs 1,155 crore in March 2019. The earnings per share (EPS) exhibited strong growth, climbing from Rs 48.23 to Rs 96.39 over the same period. While dividend payouts fluctuated, they remained reasonable, supporting shareholder returns. Overall, Britannia Industries’ financial performance reflects steady expansion and profitability over the past five years.
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POINTS TO KEEP IN MIND WHILE INVESTING IN BRITANNIA INDUSTRIES SHARES:
- The company boasts a strong track record of Return on Equity (ROE) with a 3-year average of 53.6%.
- Maintaining a robust dividend payout ratio, the company consistently offers a healthy payout of 123%.
- The stock is currently trading at a significant premium, valued at 30.8 times its book value.
- However, the company has experienced lackluster sales growth, posting only a 10.5% increase over the past five years.
BRITANNIA INDUSTRIES SHARE PRICE TARGET BY EXPERTS:
- Emkay Global Financial has set a target price of Rs 5,700 for Britannia Industries’ stock.(june 15,2023)
- Sharekhan maintains a ‘buy’ rating for the company’s shares and assigns a target price of Rs 5,500.(22 july,2023)
- Prabhudas Lilladher recommends investors to hold their existing holdings of Britannia Industries’ stocks, with a target price projection of Rs 4,580.(3 february,2023)
- KR Choksey advises accumulating shares of Britannia Industries, targeting a price of Rs 5,094.(8 february,2023)
FAQ’s
The maximum share price target of Britannia in 2028 is Rs. 13929.65
The maximum share price target of Britannia in 2029 is Rs. 28 613.67
The maximum share price target of Britannia in 2030 is Rs. 31865.22
CONCLUSION: BRITANNIA INDUSTRIES LTD
According to Britannia’s financial statements for the previous five years, both company sales and profit have consistently increased. In comparison to the prior year, the company’s FY 2022 PAT of 1,524.82 crores and sales increase of 6.77% both represent a substantial improvement. The company has demonstrated consistent profit growth over the past few years, despite a decline in PAT growth rate in FY 2022. Also, the operational profit margin has continuously exceeded 15%, demonstrating the organization’s effective cost control. Britannia appears to be a well-run, steady business based on its financial results.
For those wishing to make long-term investments, Britannia shares can be a wise choice given the company’s steady growth and financial stability.
Suhani Bhat, a student of Hansraj college, is a finance writer who takes deep interest in stock market, mutual funds, and other financial news. She writes for multiple finance blogs, including Financegradeup.com. Other than English, she also speaks Hindi.