Investment Ideas : Britannia Industries Ltd

With over 90 years of heritage, Britannia is among the oldest food companies in India. The Company operates in two business segments: bakery products, dairy products. Britannia is rated as the “Most Trusted Food Brand” by consumers across India in the annual survey done by Nielsen for The Economic Times in 2012.

FY 2012-13 saw some changes in roles of senior management people, along with active involvement by Mr Nusil Wadia & Mr Ness Wadia in company’s operation.

For quarter ending Jun-13, company’s consolidated revenue increased by 14% while profit increased by 93%. Commenting on the performance, Ms. Vinita Bali, Managing Director, said, “The expansion in margin is consequent to an improvement in product mix and higher price realization coupled with an emphasis on cost management – the growth momentum we saw in the 2nd half of last year, continued”.

Invest of medium term

Yearly Financials (Rs in Crore)

Quarterly Financials (Rs in Crore)

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