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Britannia share price today

Britannia Industries Ltd · NSE: BRITANNIA · FMCG - Foods · price as of the 4 November 2026 close, updated every trading day · results updated weekly · research updated 7 August 2026

Britannia share price today: ₹4,946.30 at the NSE close on 4 November 2026, down 19.7% in a year. Britannia Industries (NSE: BRITANNIA) is worth ₹1,19,141 crore, trades at a P/E of 45.7 and has closed between ₹4,537.90 and ₹6,157.50 over the past 52 weeks. Latest change: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare).

Getting betterBusiness trend from the last 12 quarters
₹4,946.30Price −19.7% in a year
45.7×P/E lower than 88% of the last 11 years
₹5,000 CrRevenue (Jun 2026) +8.2% on a year ago
₹593 CrProfit (Jun 2026) +14.0% on a year ago
17.0%Operating margin +1.0 points on a year ago
56%ROCE FY26
54.5%ROIC against a 12.0% cost of capital: +42.5 points

Britannia Industries Ltd's earnings have grown faster than its share price. Earnings per share grew +16.3% in a year while the price moved −19.7%.

The main question: yearly earnings per share moved +16.3% while the share price moved −19.7%.

The price has been falling for 26 weeks, and the P/E is lower than 88% of its own last 11 years. Over the last four quarters, results have been improving, with profit +14.0% on a year earlier, and 112% of the last 3 years' profit came in as cash. What will decide it: whether the price catches up with earnings that have already grown.

What is the Britannia share price today?

Britannia Industries Ltd's share price was ₹4,946.30 at the close on 4 November 2026. It has been falling for 26 weeks. That is 6.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹4,538 and ₹6,158, and at that close it sat 25% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Britannia Industries Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 12 weeks running.

1Y

Nov 2026: ₹4,946, 6.9% below its 200-day average. The price has been falling for 26 weeks.

  • Price ₹4,946
  • 50-day avg ₹4,911
  • 200-day avg ₹5,310
Nov 2026: ₹4,946, 6.9% below its 200-day average. The price has been falling for 26 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹5,837₹5,904₹5,615
7 Nov 2025₹6,158₹5,915₹5,629
14 Nov 2025₹5,804₹5,916₹5,643
21 Nov 2025₹5,813₹5,901₹5,652
28 Nov 2025₹5,846₹5,891₹5,662
5 Dec 2025₹5,961₹5,888₹5,672
12 Dec 2025₹5,916₹5,884₹5,681
19 Dec 2025₹6,103₹5,917₹5,700
26 Dec 2025₹6,033₹5,937₹5,714
2 Jan 2026₹5,985₹5,951₹5,729
9 Jan 2026₹5,978₹5,973₹5,745
16 Jan 2026₹5,899₹5,964₹5,752
23 Jan 2026₹5,835₹5,949₹5,758
1 Feb 2026₹5,758₹5,921₹5,760
6 Feb 2026₹5,911₹5,914₹5,766
13 Feb 2026₹5,981₹5,924₹5,776
20 Feb 2026₹6,099₹5,961₹5,793
27 Feb 2026₹6,003₹5,989₹5,809
6 Mar 2026₹5,983₹5,983₹5,814
13 Mar 2026₹5,809₹5,963₹5,817
20 Mar 2026₹5,619₹5,928₹5,815
27 Mar 2026₹5,500₹5,870₹5,804
2 Apr 2026₹5,442₹5,822₹5,794
10 Apr 2026₹5,558₹5,771₹5,781
17 Apr 2026₹5,736₹5,752₹5,776
24 Apr 2026₹5,731₹5,749₹5,774
30 Apr 2026₹5,726₹5,742₹5,771
8 May 2026₹5,520₹5,743₹5,770
15 May 2026₹5,406₹5,675₹5,751
22 May 2026₹5,332₹5,618₹5,732
29 May 2026₹5,205₹5,571₹5,715
4 Jun 2026₹5,090₹5,502₹5,691
5 Jun 2026₹5,121₹5,487₹5,685
10 Jun 2026₹5,171₹5,446₹5,668
12 Jun 2026₹5,166₹5,422₹5,658
17 Jun 2026₹5,232₹5,399₹5,645
19 Jun 2026₹5,195₹5,385₹5,636
24 Jun 2026₹5,263₹5,369₹5,625
25 Jun 2026₹5,237₹5,364₹5,621
1 Jul 2026₹5,262₹5,342₹5,608
3 Jul 2026₹5,379₹5,345₹5,603
10 Jul 2026₹5,353₹5,352₹5,592
17 Jul 2026₹5,413₹5,349₹5,580
24 Jul 2026₹5,380₹5,365₹5,573
31 Jul 2026₹5,417₹5,383₹5,568
7 Aug 2026₹5,510₹5,399₹5,563
14 Aug 2026₹5,558₹5,437₹5,565
21 Aug 2026₹5,365₹5,444₹5,561
28 Aug 2026₹5,309₹5,422₹5,549
4 Sep 2026₹5,102₹5,374₹5,530
11 Sep 2026₹4,962₹5,312₹5,506
18 Sep 2026₹4,998₹5,264₹5,486
25 Sep 2026₹4,938₹5,205₹5,459
1 Oct 2026₹4,778₹5,150₹5,435
9 Oct 2026₹4,825₹5,087₹5,404
16 Oct 2026₹4,764₹5,039₹5,376
23 Oct 2026₹4,538₹4,979₹5,347
30 Oct 2026₹4,640₹4,911₹5,310
4 Nov 2026₹4,946₹4,911₹5,310
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹4,946, 6.9% below its 200-day average. The price has been falling for 26 weeks.

  • Price ₹4,946
  • 50-day avg ₹4,911
  • 200-day avg ₹5,310
Nov 2026: ₹4,946, 6.9% below its 200-day average. The price has been falling for 26 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹4,540₹4,565₹4,515
12 Nov 2023₹4,677₹4,586₹4,523
17 Nov 2023₹4,718₹4,604₹4,530
24 Nov 2023₹4,644₹4,619₹4,538
1 Dec 2023₹4,971₹4,652₹4,550
8 Dec 2023₹4,942₹4,710₹4,570
15 Dec 2023₹4,914₹4,749₹4,588
22 Dec 2023₹5,161₹4,794₹4,608
29 Dec 2023₹5,338₹4,864₹4,633
5 Jan 2024₹5,272₹4,943₹4,666
12 Jan 2024₹5,151₹4,978₹4,689
20 Jan 2024₹5,166₹5,007₹4,714
25 Jan 2024₹5,142₹5,019₹4,725
2 Feb 2024₹5,149₹5,042₹4,746
9 Feb 2024₹4,972₹5,036₹4,759
16 Feb 2024₹4,914₹5,023₹4,769
23 Feb 2024₹4,936₹5,007₹4,777
2 Mar 2024₹4,923₹4,988₹4,785
7 Mar 2024₹4,889₹4,969₹4,788
15 Mar 2024₹4,974₹4,959₹4,794
22 Mar 2024₹4,865₹4,940₹4,797
28 Mar 2024₹4,911₹4,939₹4,801
5 Apr 2024₹4,813₹4,923₹4,803
12 Apr 2024₹4,752₹4,904₹4,803
19 Apr 2024₹4,668₹4,876₹4,800
26 Apr 2024₹4,800₹4,863₹4,800
3 May 2024₹4,745₹4,849₹4,799
10 May 2024₹5,067₹4,898₹4,814
18 May 2024₹5,096₹4,943₹4,832
24 May 2024₹5,241₹4,987₹4,848
31 May 2024₹5,180₹5,028₹4,866
7 Jun 2024₹5,464₹5,093₹4,891
14 Jun 2024₹5,394₹5,156₹4,918
21 Jun 2024₹5,330₹5,187₹4,935
28 Jun 2024₹5,476₹5,225₹4,958
5 Jul 2024₹5,547₹5,268₹4,982
12 Jul 2024₹5,787₹5,349₹5,018
19 Jul 2024₹5,878₹5,424₹5,050
26 Jul 2024₹5,873₹5,505₹5,091
2 Aug 2024₹5,720₹5,557₹5,125
9 Aug 2024₹5,740₹5,596₹5,157
16 Aug 2024₹5,730₹5,608₹5,177
23 Aug 2024₹5,793₹5,642₹5,207
30 Aug 2024₹5,855₹5,669₹5,235
6 Sep 2024₹5,844₹5,709₹5,267
13 Sep 2024₹6,133₹5,768₹5,305
20 Sep 2024₹6,211₹5,834₹5,345
27 Sep 2024₹6,269₹5,905₹5,388
4 Oct 2024₹6,206₹5,968₹5,425
11 Oct 2024₹5,979₹5,987₹5,457
18 Oct 2024₹5,887₹5,990₹5,483
25 Oct 2024₹5,669₹5,938₹5,494
1 Nov 2024₹5,693₹5,898₹5,505
8 Nov 2024₹5,747₹5,858₹5,513
14 Nov 2024₹4,916₹5,745₹5,497
22 Nov 2024₹4,848₹5,615₹5,472
29 Nov 2024₹4,941₹5,495₹5,447
6 Dec 2024₹4,871₹5,384₹5,420
13 Dec 2024₹4,850₹5,283₹5,391
20 Dec 2024₹4,698₹5,191₹5,361
27 Dec 2024₹4,769₹5,126₹5,337
3 Jan 2025₹4,834₹5,066₹5,310
10 Jan 2025₹4,939₹5,031₹5,289
17 Jan 2025₹4,854₹5,002₹5,269
24 Jan 2025₹5,102₹4,997₹5,254
1 Feb 2025₹5,201₹5,022₹5,246
7 Feb 2025₹4,871₹5,014₹5,233
14 Feb 2025₹4,940₹4,995₹5,217
21 Feb 2025₹4,832₹4,972₹5,200
28 Feb 2025₹4,595₹4,938₹5,182
7 Mar 2025₹4,748₹4,890₹5,157
13 Mar 2025₹4,728₹4,870₹5,142
21 Mar 2025₹4,814₹4,850₹5,123
28 Mar 2025₹4,937₹4,852₹5,110
4 Apr 2025₹5,023₹4,875₹5,106
11 Apr 2025₹5,350₹4,929₹5,111
17 Apr 2025₹5,455₹4,984₹5,120
25 Apr 2025₹5,421₹5,069₹5,136
2 May 2025₹5,308₹5,119₹5,147
9 May 2025₹5,436₹5,168₹5,159
16 May 2025₹5,502₹5,229₹5,176
23 May 2025₹5,487₹5,273₹5,190
30 May 2025₹5,511₹5,314₹5,205
6 Jun 2025₹5,608₹5,364₹5,224
13 Jun 2025₹5,570₹5,412₹5,244
20 Jun 2025₹5,587₹5,440₹5,260
27 Jun 2025₹5,795₹5,489₹5,281
4 Jul 2025₹5,772₹5,543₹5,306
11 Jul 2025₹5,759₹5,598₹5,333
18 Jul 2025₹5,736₹5,631₹5,354
25 Jul 2025₹5,594₹5,639₹5,370
1 Aug 2025₹5,798₹5,653₹5,387
8 Aug 2025₹5,387₹5,631₹5,394
14 Aug 2025₹5,303₹5,589₹5,392
22 Aug 2025₹5,546₹5,583₹5,400
29 Aug 2025₹5,824₹5,604₹5,413
5 Sep 2025₹6,076₹5,669₹5,439
12 Sep 2025₹6,247₹5,766₹5,477
19 Sep 2025₹6,070₹5,833₹5,509
26 Sep 2025₹5,921₹5,857₹5,531
3 Oct 2025₹5,993₹5,874₹5,548
10 Oct 2025₹5,872₹5,877₹5,565
17 Oct 2025₹6,083₹5,887₹5,583
24 Oct 2025₹6,053₹5,914₹5,602
31 Oct 2025₹5,837₹5,904₹5,615
7 Nov 2025₹6,158₹5,915₹5,629
14 Nov 2025₹5,804₹5,916₹5,643
21 Nov 2025₹5,813₹5,901₹5,652
28 Nov 2025₹5,846₹5,891₹5,662
5 Dec 2025₹5,961₹5,888₹5,672
12 Dec 2025₹5,916₹5,884₹5,681
19 Dec 2025₹6,103₹5,917₹5,700
26 Dec 2025₹6,033₹5,937₹5,714
2 Jan 2026₹5,985₹5,951₹5,729
9 Jan 2026₹5,978₹5,973₹5,745
16 Jan 2026₹5,899₹5,964₹5,752
23 Jan 2026₹5,835₹5,949₹5,758
1 Feb 2026₹5,758₹5,921₹5,760
6 Feb 2026₹5,911₹5,914₹5,766
13 Feb 2026₹5,981₹5,924₹5,776
20 Feb 2026₹6,099₹5,961₹5,793
27 Feb 2026₹6,003₹5,989₹5,809
6 Mar 2026₹5,983₹5,983₹5,814
13 Mar 2026₹5,809₹5,963₹5,817
20 Mar 2026₹5,619₹5,928₹5,815
27 Mar 2026₹5,500₹5,870₹5,804
2 Apr 2026₹5,442₹5,822₹5,794
10 Apr 2026₹5,558₹5,771₹5,781
17 Apr 2026₹5,736₹5,752₹5,776
24 Apr 2026₹5,731₹5,749₹5,774
30 Apr 2026₹5,726₹5,742₹5,771
8 May 2026₹5,520₹5,743₹5,770
15 May 2026₹5,406₹5,675₹5,751
22 May 2026₹5,332₹5,618₹5,732
29 May 2026₹5,205₹5,571₹5,715
4 Jun 2026₹5,090₹5,502₹5,691
5 Jun 2026₹5,121₹5,487₹5,685
10 Jun 2026₹5,171₹5,446₹5,668
12 Jun 2026₹5,166₹5,422₹5,658
17 Jun 2026₹5,232₹5,399₹5,645
19 Jun 2026₹5,195₹5,385₹5,636
24 Jun 2026₹5,263₹5,369₹5,625
25 Jun 2026₹5,237₹5,364₹5,621
1 Jul 2026₹5,262₹5,342₹5,608
3 Jul 2026₹5,379₹5,345₹5,603
10 Jul 2026₹5,353₹5,352₹5,592
17 Jul 2026₹5,413₹5,349₹5,580
24 Jul 2026₹5,380₹5,365₹5,573
31 Jul 2026₹5,417₹5,383₹5,568
7 Aug 2026₹5,510₹5,399₹5,563
14 Aug 2026₹5,558₹5,437₹5,565
21 Aug 2026₹5,365₹5,444₹5,561
28 Aug 2026₹5,309₹5,422₹5,549
4 Sep 2026₹5,102₹5,374₹5,530
11 Sep 2026₹4,962₹5,312₹5,506
18 Sep 2026₹4,998₹5,264₹5,486
25 Sep 2026₹4,938₹5,205₹5,459
1 Oct 2026₹4,778₹5,150₹5,435
9 Oct 2026₹4,825₹5,087₹5,404
16 Oct 2026₹4,764₹5,039₹5,376
23 Oct 2026₹4,538₹4,979₹5,347
30 Oct 2026₹4,640₹4,911₹5,310
4 Nov 2026₹4,946₹4,911₹5,310
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹4,946, 6.9% below its 200-day average. The price has been falling for 26 weeks.

  • Price ₹4,946
  • 50-day avg ₹4,911
  • 200-day avg ₹5,310
Nov 2026: ₹4,946, 6.9% below its 200-day average. The price has been falling for 26 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021₹3,676₹3,826₹3,681
12 Nov 2021₹3,688₹3,778₹3,680
26 Nov 2021₹3,555₹3,730₹3,675
10 Dec 2021₹3,632₹3,673₹3,664
24 Dec 2021₹3,541₹3,628₹3,652
7 Jan 2022₹3,737₹3,625₹3,648
21 Jan 2022₹3,618₹3,640₹3,651
4 Feb 2022₹3,562₹3,615₹3,643
18 Feb 2022₹3,482₹3,568₹3,627
4 Mar 2022₹3,371₹3,526₹3,610
17 Mar 2022₹3,356₹3,433₹3,576
1 Apr 2022₹3,231₹3,339₹3,535
13 Apr 2022₹3,350₹3,334₹3,518
29 Apr 2022₹3,279₹3,332₹3,500
13 May 2022₹3,279₹3,315₹3,481
27 May 2022₹3,558₹3,360₹3,478
10 Jun 2022₹3,361₹3,397₹3,478
24 Jun 2022₹3,469₹3,397₹3,470
8 Jul 2022₹3,817₹3,475₹3,484
22 Jul 2022₹3,871₹3,583₹3,514
5 Aug 2022₹3,688₹3,659₹3,543
19 Aug 2022₹3,663₹3,662₹3,553
2 Sep 2022₹3,704₹3,670₹3,564
16 Sep 2022₹3,640₹3,674₹3,575
30 Sep 2022₹3,843₹3,712₹3,595
14 Oct 2022₹3,796₹3,732₹3,611
28 Oct 2022₹3,778₹3,744₹3,625
11 Nov 2022₹4,099₹3,805₹3,651
25 Nov 2022₹4,184₹3,917₹3,698
9 Dec 2022₹4,410₹4,069₹3,762
23 Dec 2022₹4,332₹4,189₹3,826
6 Jan 2023₹4,359₹4,232₹3,874
20 Jan 2023₹4,319₹4,268₹3,918
3 Feb 2023₹4,629₹4,317₹3,962
17 Feb 2023₹4,533₹4,408₹4,022
3 Mar 2023₹4,412₹4,417₹4,061
17 Mar 2023₹4,363₹4,384₹4,083
31 Mar 2023₹4,322₹4,345₹4,097
13 Apr 2023₹4,264₹4,331₹4,110
28 Apr 2023₹4,554₹4,343₹4,134
12 May 2023₹4,617₹4,419₹4,174
26 May 2023₹4,596₹4,466₹4,211
9 Jun 2023₹4,879₹4,551₹4,259
23 Jun 2023₹4,971₹4,697₹4,329
7 Jul 2023₹5,055₹4,801₹4,390
21 Jul 2023₹5,047₹4,892₹4,455
4 Aug 2023₹4,799₹4,881₹4,494
18 Aug 2023₹4,535₹4,779₹4,499
1 Sep 2023₹4,484₹4,692₹4,500
15 Sep 2023₹4,533₹4,646₹4,505
29 Sep 2023₹4,537₹4,622₹4,510
13 Oct 2023₹4,575₹4,597₹4,513
27 Oct 2023₹4,514₹4,586₹4,517
12 Nov 2023₹4,677₹4,586₹4,523
24 Nov 2023₹4,644₹4,619₹4,538
8 Dec 2023₹4,942₹4,710₹4,570
22 Dec 2023₹5,161₹4,794₹4,608
5 Jan 2024₹5,272₹4,943₹4,666
20 Jan 2024₹5,166₹5,007₹4,714
2 Feb 2024₹5,149₹5,042₹4,746
16 Feb 2024₹4,914₹5,023₹4,769
2 Mar 2024₹4,923₹4,988₹4,785
15 Mar 2024₹4,974₹4,959₹4,794
28 Mar 2024₹4,911₹4,939₹4,801
12 Apr 2024₹4,752₹4,904₹4,803
26 Apr 2024₹4,800₹4,863₹4,800
10 May 2024₹5,067₹4,898₹4,814
24 May 2024₹5,241₹4,987₹4,848
7 Jun 2024₹5,464₹5,093₹4,891
21 Jun 2024₹5,330₹5,187₹4,935
5 Jul 2024₹5,547₹5,268₹4,982
19 Jul 2024₹5,878₹5,424₹5,050
2 Aug 2024₹5,720₹5,557₹5,125
16 Aug 2024₹5,730₹5,608₹5,177
30 Aug 2024₹5,855₹5,669₹5,235
13 Sep 2024₹6,133₹5,768₹5,305
27 Sep 2024₹6,269₹5,905₹5,388
11 Oct 2024₹5,979₹5,987₹5,457
25 Oct 2024₹5,669₹5,938₹5,494
8 Nov 2024₹5,747₹5,858₹5,513
22 Nov 2024₹4,848₹5,615₹5,472
6 Dec 2024₹4,871₹5,384₹5,420
20 Dec 2024₹4,698₹5,191₹5,361
3 Jan 2025₹4,834₹5,066₹5,310
17 Jan 2025₹4,854₹5,002₹5,269
1 Feb 2025₹5,201₹5,022₹5,246
14 Feb 2025₹4,940₹4,995₹5,217
28 Feb 2025₹4,595₹4,938₹5,182
13 Mar 2025₹4,728₹4,870₹5,142
28 Mar 2025₹4,937₹4,852₹5,110
11 Apr 2025₹5,350₹4,929₹5,111
25 Apr 2025₹5,421₹5,069₹5,136
9 May 2025₹5,436₹5,168₹5,159
23 May 2025₹5,487₹5,273₹5,190
6 Jun 2025₹5,608₹5,364₹5,224
20 Jun 2025₹5,587₹5,440₹5,260
4 Jul 2025₹5,772₹5,543₹5,306
18 Jul 2025₹5,736₹5,631₹5,354
1 Aug 2025₹5,798₹5,653₹5,387
14 Aug 2025₹5,303₹5,589₹5,392
29 Aug 2025₹5,824₹5,604₹5,413
12 Sep 2025₹6,247₹5,766₹5,477
26 Sep 2025₹5,921₹5,857₹5,531
10 Oct 2025₹5,872₹5,877₹5,565
24 Oct 2025₹6,053₹5,914₹5,602
7 Nov 2025₹6,158₹5,915₹5,629
21 Nov 2025₹5,813₹5,901₹5,652
5 Dec 2025₹5,961₹5,888₹5,672
19 Dec 2025₹6,103₹5,917₹5,700
2 Jan 2026₹5,985₹5,951₹5,729
16 Jan 2026₹5,899₹5,964₹5,752
1 Feb 2026₹5,758₹5,921₹5,760
13 Feb 2026₹5,981₹5,924₹5,776
27 Feb 2026₹6,003₹5,989₹5,809
13 Mar 2026₹5,809₹5,963₹5,817
27 Mar 2026₹5,500₹5,870₹5,804
10 Apr 2026₹5,558₹5,771₹5,781
24 Apr 2026₹5,731₹5,749₹5,774
8 May 2026₹5,520₹5,743₹5,770
22 May 2026₹5,332₹5,618₹5,732
4 Jun 2026₹5,090₹5,502₹5,691
10 Jun 2026₹5,171₹5,446₹5,668
17 Jun 2026₹5,232₹5,399₹5,645
24 Jun 2026₹5,263₹5,369₹5,625
1 Jul 2026₹5,262₹5,342₹5,608
10 Jul 2026₹5,353₹5,352₹5,592
24 Jul 2026₹5,380₹5,365₹5,573
7 Aug 2026₹5,510₹5,399₹5,563
21 Aug 2026₹5,365₹5,444₹5,561
4 Sep 2026₹5,102₹5,374₹5,530
18 Sep 2026₹4,998₹5,264₹5,486
1 Oct 2026₹4,778₹5,150₹5,435
16 Oct 2026₹4,764₹5,039₹5,376
30 Oct 2026₹4,640₹4,911₹5,310
4 Nov 2026₹4,946₹4,911₹5,310
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: ₹4,946, 6.9% below its 200-day average. The price has been falling for 26 weeks.

  • Price ₹4,946
  • 50-day avg ₹4,911
  • 200-day avg ₹5,310
Nov 2026: ₹4,946, 6.9% below its 200-day average. The price has been falling for 26 weeks.
WeekPrice50-day avg200-day avg
30 Oct 2016₹1,658₹1,650₹1,514
18 Nov 2016₹1,451₹1,615₹1,521
9 Dec 2016₹1,513₹1,561₹1,517
30 Dec 2016₹1,443₹1,505₹1,506
20 Jan 2017₹1,539₹1,495₹1,502
10 Feb 2017₹1,620₹1,539₹1,514
3 Mar 2017₹1,548₹1,567₹1,526
24 Mar 2017₹1,649₹1,583₹1,536
13 Apr 2017₹1,702₹1,628₹1,555
5 May 2017₹1,765₹1,680₹1,580
26 May 2017₹1,708₹1,736₹1,611
16 Jun 2017₹1,784₹1,763₹1,637
7 Jul 2017₹1,846₹1,795₹1,663
28 Jul 2017₹1,953₹1,841₹1,695
18 Aug 2017₹2,126₹1,928₹1,739
8 Sep 2017₹2,144₹2,009₹1,789
29 Sep 2017₹2,172₹2,079₹1,841
19 Oct 2017₹2,318₹2,146₹1,889
10 Nov 2017₹2,437₹2,233₹1,952
1 Dec 2017₹2,403₹2,306₹2,013
22 Dec 2017₹2,373₹2,342₹2,066
12 Jan 2018₹2,354₹2,343₹2,102
2 Feb 2018₹2,363₹2,346₹2,134
23 Feb 2018₹2,481₹2,356₹2,164
16 Mar 2018₹2,430₹2,393₹2,201
6 Apr 2018₹2,589₹2,431₹2,235
27 Apr 2018₹2,730₹2,531₹2,292
18 May 2018₹2,799₹2,617₹2,349
8 Jun 2018₹2,959₹2,747₹2,426
29 Jun 2018₹3,107₹2,870₹2,508
20 Jul 2018₹3,179₹3,012₹2,602
10 Aug 2018₹3,172₹3,093₹2,685
31 Aug 2018₹3,368₹3,201₹2,766
21 Sep 2018₹2,895₹3,138₹2,801
12 Oct 2018₹2,879₹3,006₹2,805
2 Nov 2018₹2,801₹2,899₹2,799
22 Nov 2018₹3,004₹2,911₹2,814
14 Dec 2018₹3,136₹2,976₹2,848
4 Jan 2019₹3,123₹3,041₹2,884
25 Jan 2019₹3,207₹3,094₹2,922
15 Feb 2019₹2,858₹3,097₹2,949
8 Mar 2019₹3,071₹3,066₹2,958
29 Mar 2019₹3,086₹3,083₹2,978
18 Apr 2019₹2,998₹3,046₹2,980
10 May 2019₹2,689₹2,945₹2,959
31 May 2019₹2,922₹2,893₹2,940
21 Jun 2019₹2,827₹2,904₹2,938
12 Jul 2019₹2,781₹2,846₹2,915
2 Aug 2019₹2,594₹2,773₹2,884
23 Aug 2019₹2,467₹2,659₹2,837
13 Sep 2019₹2,675₹2,663₹2,816
4 Oct 2019₹2,845₹2,764₹2,826
27 Oct 2019₹3,259₹2,947₹2,872
15 Nov 2019₹3,196₹3,062₹2,916
6 Dec 2019₹3,070₹3,067₹2,938
27 Dec 2019₹3,042₹3,071₹2,956
17 Jan 2020₹3,124₹3,066₹2,970
7 Feb 2020₹3,251₹3,125₹3,002
28 Feb 2020₹2,970₹3,101₹3,011
20 Mar 2020₹2,468₹2,967₹2,986
9 Apr 2020₹2,802₹2,822₹2,939
30 Apr 2020₹3,166₹2,892₹2,943
22 May 2020₹3,167₹2,977₹2,962
12 Jun 2020₹3,366₹3,154₹3,017
3 Jul 2020₹3,538₹3,298₹3,079
24 Jul 2020₹3,818₹3,518₹3,176
14 Aug 2020₹3,801₹3,660₹3,268
4 Sep 2020₹3,706₹3,731₹3,345
25 Sep 2020₹3,686₹3,721₹3,397
16 Oct 2020₹3,747₹3,741₹3,445
6 Nov 2020₹3,514₹3,631₹3,453
27 Nov 2020₹3,638₹3,590₹3,465
18 Dec 2020₹3,721₹3,636₹3,494
8 Jan 2021₹3,575₹3,612₹3,506
29 Jan 2021₹3,501₹3,609₹3,519
19 Feb 2021₹3,331₹3,533₹3,509
12 Mar 2021₹3,434₹3,490₹3,499
1 Apr 2021₹3,619₹3,506₹3,502
23 Apr 2021₹3,650₹3,601₹3,531
14 May 2021₹3,501₹3,541₹3,522
4 Jun 2021₹3,489₹3,503₹3,513
25 Jun 2021₹3,670₹3,559₹3,528
16 Jul 2021₹3,441₹3,542₹3,529
6 Aug 2021₹3,604₹3,522₹3,523
27 Aug 2021₹3,942₹3,626₹3,553
17 Sep 2021₹4,052₹3,816₹3,620
8 Oct 2021₹3,883₹3,884₹3,670
29 Oct 2021₹3,676₹3,826₹3,681
18 Nov 2021₹3,572₹3,760₹3,679
10 Dec 2021₹3,632₹3,673₹3,664
31 Dec 2021₹3,606₹3,616₹3,647
21 Jan 2022₹3,618₹3,640₹3,651
11 Feb 2022₹3,481₹3,593₹3,635
4 Mar 2022₹3,371₹3,526₹3,610
25 Mar 2022₹3,095₹3,379₹3,554
13 Apr 2022₹3,350₹3,334₹3,518
6 May 2022₹3,308₹3,329₹3,493
27 May 2022₹3,558₹3,360₹3,478
17 Jun 2022₹3,332₹3,392₹3,472
8 Jul 2022₹3,817₹3,475₹3,484
29 Jul 2022₹3,900₹3,634₹3,531
19 Aug 2022₹3,663₹3,662₹3,553
9 Sep 2022₹3,650₹3,667₹3,569
30 Sep 2022₹3,843₹3,712₹3,595
21 Oct 2022₹3,793₹3,741₹3,619
11 Nov 2022₹4,099₹3,805₹3,651
2 Dec 2022₹4,433₹3,994₹3,729
23 Dec 2022₹4,332₹4,189₹3,826
13 Jan 2023₹4,336₹4,249₹3,896
3 Feb 2023₹4,629₹4,317₹3,962
24 Feb 2023₹4,443₹4,419₹4,044
17 Mar 2023₹4,363₹4,384₹4,083
6 Apr 2023₹4,300₹4,342₹4,104
28 Apr 2023₹4,554₹4,343₹4,134
19 May 2023₹4,500₹4,449₹4,194
9 Jun 2023₹4,879₹4,551₹4,259
30 Jun 2023₹5,025₹4,741₹4,355
21 Jul 2023₹5,047₹4,892₹4,455
11 Aug 2023₹4,510₹4,826₹4,498
1 Sep 2023₹4,484₹4,692₹4,500
22 Sep 2023₹4,565₹4,634₹4,507
13 Oct 2023₹4,575₹4,597₹4,513
3 Nov 2023₹4,540₹4,565₹4,515
24 Nov 2023₹4,644₹4,619₹4,538
15 Dec 2023₹4,914₹4,749₹4,588
5 Jan 2024₹5,272₹4,943₹4,666
25 Jan 2024₹5,142₹5,019₹4,725
16 Feb 2024₹4,914₹5,023₹4,769
7 Mar 2024₹4,889₹4,969₹4,788
28 Mar 2024₹4,911₹4,939₹4,801
19 Apr 2024₹4,668₹4,876₹4,800
10 May 2024₹5,067₹4,898₹4,814
31 May 2024₹5,180₹5,028₹4,866
21 Jun 2024₹5,330₹5,187₹4,935
12 Jul 2024₹5,787₹5,349₹5,018
2 Aug 2024₹5,720₹5,557₹5,125
23 Aug 2024₹5,793₹5,642₹5,207
13 Sep 2024₹6,133₹5,768₹5,305
4 Oct 2024₹6,206₹5,968₹5,425
25 Oct 2024₹5,669₹5,938₹5,494
14 Nov 2024₹4,916₹5,745₹5,497
6 Dec 2024₹4,871₹5,384₹5,420
27 Dec 2024₹4,769₹5,126₹5,337
17 Jan 2025₹4,854₹5,002₹5,269
7 Feb 2025₹4,871₹5,014₹5,233
28 Feb 2025₹4,595₹4,938₹5,182
21 Mar 2025₹4,814₹4,850₹5,123
11 Apr 2025₹5,350₹4,929₹5,111
2 May 2025₹5,308₹5,119₹5,147
23 May 2025₹5,487₹5,273₹5,190
13 Jun 2025₹5,570₹5,412₹5,244
4 Jul 2025₹5,772₹5,543₹5,306
25 Jul 2025₹5,594₹5,639₹5,370
14 Aug 2025₹5,303₹5,589₹5,392
5 Sep 2025₹6,076₹5,669₹5,439
26 Sep 2025₹5,921₹5,857₹5,531
17 Oct 2025₹6,083₹5,887₹5,583
7 Nov 2025₹6,158₹5,915₹5,629
28 Nov 2025₹5,846₹5,891₹5,662
19 Dec 2025₹6,103₹5,917₹5,700
9 Jan 2026₹5,978₹5,973₹5,745
1 Feb 2026₹5,758₹5,921₹5,760
20 Feb 2026₹6,099₹5,961₹5,793
13 Mar 2026₹5,809₹5,963₹5,817
2 Apr 2026₹5,442₹5,822₹5,794
24 Apr 2026₹5,731₹5,749₹5,774
15 May 2026₹5,406₹5,675₹5,751
4 Jun 2026₹5,090₹5,502₹5,691
12 Jun 2026₹5,166₹5,422₹5,658
24 Jun 2026₹5,263₹5,369₹5,625
3 Jul 2026₹5,379₹5,345₹5,603
24 Jul 2026₹5,380₹5,365₹5,573
14 Aug 2026₹5,558₹5,437₹5,565
4 Sep 2026₹5,102₹5,374₹5,530
25 Sep 2026₹4,938₹5,205₹5,459
16 Oct 2026₹4,764₹5,039₹5,376
4 Nov 2026₹4,946₹4,911₹5,310
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Rising from Oct 2025 to Apr 2026; Sideways in Apr 2026; Falling from May 2026 to Oct 2026.

Price stage: Sideways in Nov 2023; Rising from Nov 2023 to Apr 2024; Sideways in May 2024; Rising from May 2024 to Dec 2024; Falling from Dec 2024 to May 2025; Rising from Jun 2025 to Apr 2026; Sideways in Apr 2026; Falling from May 2026 to Oct 2026.

Price stage: Rising from Oct 2021 to Dec 2021; Falling from Dec 2021 to Jul 2022; Rising from Aug 2022 to Dec 2024; Falling from Dec 2024 to May 2025; Rising from Jun 2025 to Apr 2026; Falling from May 2026 to Oct 2026.

Price stage: Rising from Oct 2016 to Dec 2016; Falling from Jan 2017 to Mar 2017; Rising from Mar 2017 to May 2019; Falling from May 2019 to Oct 2019; Rising from Nov 2019 to Mar 2020; Falling from Apr 2020 to Jun 2020; Rising from Jul 2020 to Feb 2021; Sideways from Mar 2021 to Aug 2021; Rising from Sep 2021 to Dec 2021; Falling from Dec 2021 to Jul 2022; Rising from Aug 2022 to Dec 2024; Falling from Dec 2024 to May 2025; Rising from Jun 2025 to Apr 2026; Falling from May 2026 to Oct 2026.

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 266 of 551 weeks

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
26 Feb 2016no NIFTY 500 reading
4 Mar 2016no NIFTY 500 reading
11 Mar 2016no NIFTY 500 reading
18 Mar 2016no NIFTY 500 reading
23 Mar 2016no NIFTY 500 reading
1 Apr 2016no NIFTY 500 reading
8 Apr 2016no NIFTY 500 reading
13 Apr 2016no NIFTY 500 reading
22 Apr 2016no NIFTY 500 reading
29 Apr 2016no NIFTY 500 reading
6 May 2016no NIFTY 500 reading
13 May 2016no NIFTY 500 reading
20 May 2016no NIFTY 500 reading
27 May 2016−10.8%
3 Jun 2016−13.2%
10 Jun 2016−13.1%
17 Jun 2016−8.7%
24 Jun 2016−10.7%
1 Jul 2016−5.7%
8 Jul 2016−4.7%
15 Jul 2016−6.5%
22 Jul 2016−8.2%
29 Jul 2016−9.1%
5 Aug 2016−8.0%
12 Aug 2016+0.3%
19 Aug 2016+2.9%
26 Aug 2016+16.5%
2 Sep 2016+11.2%
9 Sep 2016+18.0%
16 Sep 2016+22.6%
23 Sep 2016+21.1%
30 Sep 2016+12.5%
7 Oct 2016+15.8%
14 Oct 2016+14.1%
21 Oct 2016+13.7%
30 Oct 2016+12.8%
4 Nov 2016+14.9%
11 Nov 2016−0.6%
18 Nov 2016−6.6%
25 Nov 2016−8.3%
2 Dec 2016−2.9%
9 Dec 2016−6.4%
16 Dec 2016−8.7%
23 Dec 2016−8.4%
30 Dec 2016−7.1%
6 Jan 2017−10.3%
13 Jan 2017−8.6%
20 Jan 2017−6.2%
27 Jan 2017−10.1%
3 Feb 2017−7.2%
10 Feb 2017−3.5%
17 Feb 2017−0.3%
23 Feb 2017−0.6%
3 Mar 2017−6.6%
10 Mar 2017−8.9%
17 Mar 2017−1.4%
24 Mar 2017+0.5%
31 Mar 2017+1.8%
7 Apr 2017+4.0%
13 Apr 2017+5.4%
21 Apr 2017−1.3%
28 Apr 2017+7.3%
5 May 2017+0.0%
12 May 2017+2.9%
19 May 2017+5.3%
26 May 2017−1.8%
2 Jun 2017+6.6%
9 Jun 2017+10.4%
16 Jun 2017+2.1%
23 Jun 2017+6.4%
30 Jun 2017+5.0%
7 Jul 2017+3.7%
14 Jul 2017+1.3%
21 Jul 2017+7.3%
28 Jul 2017+1.0%
4 Aug 2017+7.2%
11 Aug 2017+7.9%
18 Aug 2017+12.8%
24 Aug 2017+19.6%
1 Sep 2017+14.6%
8 Sep 2017+11.5%
15 Sep 2017+16.2%
22 Sep 2017+14.1%
29 Sep 2017+14.7%
6 Oct 2017+15.7%
13 Oct 2017+19.5%
19 Oct 2017+17.3%
27 Oct 2017+12.6%
3 Nov 2017+13.3%
10 Nov 2017+14.9%
17 Nov 2017+4.6%
24 Nov 2017+5.8%
1 Dec 2017+10.3%
8 Dec 2017+10.6%
15 Dec 2017+3.2%
22 Dec 2017+0.4%
29 Dec 2017+0.0%
5 Jan 2018−3.1%
12 Jan 2018−5.1%
19 Jan 2018−7.7%
25 Jan 2018−4.4%
2 Feb 2018+0.5%
9 Feb 2018−8.7%
16 Feb 2018+1.0%
23 Feb 2018+4.5%
1 Mar 2018+3.4%
9 Mar 2018−0.8%
16 Mar 2018+7.8%
23 Mar 2018+7.5%
28 Mar 2018+10.5%
6 Apr 2018+15.7%
13 Apr 2018+14.5%
20 Apr 2018+18.7%
27 Apr 2018+20.7%
4 May 2018+11.6%
11 May 2018+18.0%
18 May 2018+18.1%
25 May 2018+17.5%
1 Jun 2018+14.6%
8 Jun 2018+19.7%
15 Jun 2018+22.6%
22 Jun 2018+20.7%
29 Jun 2018+22.6%
6 Jul 2018+20.6%
13 Jul 2018+24.8%
20 Jul 2018+18.4%
27 Jul 2018+14.7%
3 Aug 2018+15.3%
10 Aug 2018+11.6%
17 Aug 2018+9.7%
24 Aug 2018+8.5%
31 Aug 2018+9.8%
7 Sep 2018+2.3%
14 Sep 2018−3.3%
21 Sep 2018−4.7%
28 Sep 2018−4.8%
5 Oct 2018−7.3%
12 Oct 2018−5.6%
19 Oct 2018−3.0%
26 Oct 2018−7.4%
2 Nov 2018−4.0%
9 Nov 2018−1.1%
16 Nov 2018−0.9%
22 Nov 2018−1.5%
30 Nov 2018+1.6%
7 Dec 2018+3.1%
14 Dec 2018+5.7%
21 Dec 2018+10.6%
28 Dec 2018+5.9%
4 Jan 2019+10.3%
11 Jan 2019+3.0%
18 Jan 2019+8.0%
25 Jan 2019+19.0%
1 Feb 2019+14.0%
8 Feb 2019+8.6%
15 Feb 2019−2.8%
22 Feb 2019+0.8%
1 Mar 2019−5.1%
8 Mar 2019−2.6%
15 Mar 2019−5.5%
22 Mar 2019−5.8%
29 Mar 2019−6.5%
5 Apr 2019−9.5%
12 Apr 2019−10.4%
18 Apr 2019−12.3%
26 Apr 2019−16.2%
3 May 2019−19.5%
10 May 2019−16.6%
17 May 2019−11.3%
24 May 2019−14.4%
31 May 2019−12.0%
7 Jun 2019−8.8%
14 Jun 2019−3.1%
21 Jun 2019−10.7%
28 Jun 2019−12.1%
5 Jul 2019−3.3%
12 Jul 2019−4.4%
19 Jul 2019−2.9%
26 Jul 2019−3.7%
2 Aug 2019+1.4%
9 Aug 2019−1.7%
16 Aug 2019−2.4%
23 Aug 2019−5.4%
30 Aug 2019+3.0%
6 Sep 2019−0.4%
13 Sep 2019−3.0%
20 Sep 2019+4.9%
27 Sep 2019+15.2%
4 Oct 2019+3.1%
11 Oct 2019+13.6%
18 Oct 2019+15.0%
27 Oct 2019+14.7%
1 Nov 2019+16.2%
8 Nov 2019+14.6%
15 Nov 2019+17.9%
22 Nov 2019+13.1%
29 Nov 2019+2.4%
6 Dec 2019+8.2%
13 Dec 2019+3.1%
20 Dec 2019+3.3%
27 Dec 2019−6.2%
3 Jan 2020+0.1%
10 Jan 2020−11.7%
17 Jan 2020−9.1%
24 Jan 2020−5.0%
1 Feb 2020−7.6%
7 Feb 2020−1.2%
14 Feb 2020−5.4%
20 Feb 2020+3.2%
28 Feb 2020+2.5%
6 Mar 2020+11.0%
13 Mar 2020+19.4%
20 Mar 2020+10.9%
27 Mar 2020+14.8%
3 Apr 2020+11.2%
9 Apr 2020+20.9%
17 Apr 2020+14.9%
24 Apr 2020+18.0%
30 Apr 2020+26.1%
8 May 2020+15.7%
15 May 2020+26.4%
22 May 2020+24.6%
29 May 2020+25.2%
5 Jun 2020+16.3%
12 Jun 2020+5.7%
19 Jun 2020+13.0%
26 Jun 2020+10.1%
3 Jul 2020+15.4%
10 Jul 2020+14.7%
17 Jul 2020+13.6%
24 Jul 2020+8.0%
31 Jul 2020+0.8%
7 Aug 2020+10.3%
14 Aug 2020−5.1%
21 Aug 2020−3.4%
28 Aug 2020−3.8%
4 Sep 2020−5.1%
11 Sep 2020−6.3%
18 Sep 2020+2.2%
25 Sep 2020−2.5%
1 Oct 2020−2.3%
9 Oct 2020−11.9%
16 Oct 2020−8.8%
23 Oct 2020−15.0%
30 Oct 2020−16.6%
6 Nov 2020−22.2%
14 Nov 2020−19.7%
20 Nov 2020−19.0%
27 Nov 2020−18.2%
4 Dec 2020−21.9%
11 Dec 2020−18.6%
18 Dec 2020−24.1%
24 Dec 2020−25.1%
1 Jan 2021−27.9%
8 Jan 2021−27.9%
15 Jan 2021−27.5%
22 Jan 2021−15.9%
29 Jan 2021−23.9%
5 Feb 2021−19.4%
12 Feb 2021−22.0%
19 Feb 2021−24.0%
26 Feb 2021−25.1%
5 Mar 2021−17.8%
12 Mar 2021−16.8%
19 Mar 2021−15.5%
26 Mar 2021−10.1%
1 Apr 2021−4.9%
9 Apr 2021+5.0%
16 Apr 2021+2.6%
23 Apr 2021−7.2%
30 Apr 2021−3.5%
7 May 2021−3.0%
14 May 2021+0.7%
21 May 2021−1.4%
28 May 2021−2.2%
4 Jun 2021−5.6%
11 Jun 2021−6.1%
18 Jun 2021−5.7%
25 Jun 2021−4.7%
2 Jul 2021−11.2%
9 Jul 2021−20.6%
16 Jul 2021−18.9%
23 Jul 2021−14.2%
30 Jul 2021−13.3%
6 Aug 2021−6.6%
13 Aug 2021−7.8%
20 Aug 2021+5.2%
27 Aug 2021+5.5%
3 Sep 2021+7.7%
9 Sep 2021+3.2%
17 Sep 2021+0.3%
24 Sep 2021−1.8%
1 Oct 2021−0.4%
8 Oct 2021−2.7%
14 Oct 2021−2.2%
22 Oct 2021−6.8%
29 Oct 2021−2.0%
4 Nov 2021−10.5%
12 Nov 2021−6.6%
18 Nov 2021−15.1%
26 Nov 2021−11.4%
3 Dec 2021−15.7%
10 Dec 2021−10.3%
17 Dec 2021−10.4%
24 Dec 2021−10.9%
31 Dec 2021−9.8%
7 Jan 2022−4.0%
14 Jan 2022−4.1%
21 Jan 2022+2.3%
28 Jan 2022−4.6%
4 Feb 2022+0.8%
11 Feb 2022−1.3%
18 Feb 2022+1.1%
25 Feb 2022+0.2%
4 Mar 2022+2.1%
11 Mar 2022−8.8%
17 Mar 2022−5.5%
25 Mar 2022−12.8%
1 Apr 2022−10.0%
8 Apr 2022−7.0%
13 Apr 2022−5.7%
22 Apr 2022−6.5%
29 Apr 2022−0.7%
6 May 2022+1.2%
13 May 2022+0.1%
20 May 2022+5.4%
27 May 2022+4.8%
3 Jun 2022+5.4%
10 Jun 2022+12.6%
17 Jun 2022+10.5%
24 Jun 2022+22.0%
1 Jul 2022+22.0%
8 Jul 2022+23.3%
15 Jul 2022+19.5%
22 Jul 2022+18.4%
29 Jul 2022+15.6%
5 Aug 2022+2.7%
12 Aug 2022+1.1%
19 Aug 2022−5.3%
26 Aug 2022−6.2%
2 Sep 2022−5.4%
9 Sep 2022−8.2%
16 Sep 2022−8.5%
23 Sep 2022+0.5%
30 Sep 2022−2.6%
7 Oct 2022−8.9%
14 Oct 2022−7.8%
21 Oct 2022−8.3%
28 Oct 2022−7.3%
4 Nov 2022−0.7%
11 Nov 2022+10.1%
18 Nov 2022+9.5%
25 Nov 2022+10.6%
2 Dec 2022+16.1%
9 Dec 2022+18.7%
16 Dec 2022+21.0%
23 Dec 2022+8.5%
30 Dec 2022+9.2%
6 Jan 2023+12.0%
13 Jan 2023+11.6%
20 Jan 2023+13.8%
27 Jan 2023+20.1%
3 Feb 2023+25.1%
10 Feb 2023+16.8%
17 Feb 2023+15.8%
24 Feb 2023+14.2%
3 Mar 2023+5.5%
10 Mar 2023+8.0%
17 Mar 2023+5.0%
24 Mar 2023+4.0%
31 Mar 2023+4.8%
6 Apr 2023+1.0%
13 Apr 2023+2.3%
21 Apr 2023+1.4%
28 Apr 2023+1.1%
5 May 2023−3.0%
12 May 2023−2.7%
19 May 2023−6.3%
26 May 2023−4.1%
2 Jun 2023−1.8%
9 Jun 2023+0.9%
16 Jun 2023+3.3%
23 Jun 2023+4.9%
30 Jun 2023+3.4%
7 Jul 2023+6.2%
14 Jul 2023+6.3%
21 Jul 2023+3.4%
28 Jul 2023−2.7%
4 Aug 2023−6.2%
11 Aug 2023−11.5%
18 Aug 2023−8.5%
25 Aug 2023−9.2%
1 Sep 2023−11.6%
8 Sep 2023−15.9%
15 Sep 2023−17.6%
22 Sep 2023−14.7%
29 Sep 2023−12.9%
6 Oct 2023−14.8%
13 Oct 2023−13.2%
20 Oct 2023−8.0%
27 Oct 2023−7.2%
3 Nov 2023−6.9%
12 Nov 2023−0.9%
17 Nov 2023+0.0%
24 Nov 2023−2.9%
1 Dec 2023+2.8%
8 Dec 2023+1.9%
15 Dec 2023+0.8%
22 Dec 2023+1.8%
29 Dec 2023+4.6%
5 Jan 2024+4.0%
12 Jan 2024+0.2%
20 Jan 2024−3.2%
25 Jan 2024−4.4%
2 Feb 2024−3.1%
9 Feb 2024−6.7%
16 Feb 2024−10.0%
23 Feb 2024−5.5%
2 Mar 2024−6.1%
7 Mar 2024−5.8%
15 Mar 2024−3.3%
22 Mar 2024−9.8%
28 Mar 2024−14.4%
5 Apr 2024−15.9%
12 Apr 2024−12.6%
19 Apr 2024−16.2%
26 Apr 2024−12.7%
3 May 2024−10.8%
10 May 2024−2.2%
18 May 2024−1.8%
24 May 2024+0.0%
31 May 2024−1.9%
7 Jun 2024+0.0%
14 Jun 2024−4.8%
21 Jun 2024−2.1%
28 Jun 2024+0.6%
5 Jul 2024+5.4%
12 Jul 2024+8.2%
19 Jul 2024+15.3%
26 Jul 2024+10.3%
2 Aug 2024+10.2%
9 Aug 2024+4.0%
16 Aug 2024+2.4%
23 Aug 2024−0.6%
30 Aug 2024+0.2%
6 Sep 2024−0.2%
13 Sep 2024+6.2%
20 Sep 2024+7.9%
27 Sep 2024+8.3%
4 Oct 2024+9.2%
11 Oct 2024+1.3%
18 Oct 2024+0.5%
25 Oct 2024−0.1%
1 Nov 2024−1.3%
8 Nov 2024+3.5%
14 Nov 2024−8.4%
22 Nov 2024−12.4%
29 Nov 2024−12.9%
6 Dec 2024−15.9%
13 Dec 2024−16.9%
20 Dec 2024−16.3%
27 Dec 2024−16.1%
3 Jan 2025−16.3%
10 Jan 2025−8.4%
17 Jan 2025−11.2%
24 Jan 2025−3.4%
1 Feb 2025−3.2%
7 Feb 2025−10.7%
14 Feb 2025+6.3%
21 Feb 2025+9.7%
28 Feb 2025+5.3%
7 Mar 2025+10.7%
13 Mar 2025+6.5%
21 Mar 2025+7.5%
28 Mar 2025+8.5%
4 Apr 2025+12.4%
11 Apr 2025+9.0%
17 Apr 2025+8.4%
25 Apr 2025+2.6%
2 May 2025+0.7%
9 May 2025+4.0%
16 May 2025+1.7%
23 May 2025+2.0%
30 May 2025+7.3%
6 Jun 2025+2.9%
13 Jun 2025+7.9%
20 Jun 2025+6.6%
27 Jun 2025+6.6%
4 Jul 2025−0.8%
11 Jul 2025−2.0%
18 Jul 2025−0.2%
25 Jul 2025−1.4%
1 Aug 2025+6.5%
8 Aug 2025−1.8%
14 Aug 2025−5.4%
22 Aug 2025+1.1%
29 Aug 2025+5.4%
5 Sep 2025+9.5%
12 Sep 2025+9.9%
19 Sep 2025+9.1%
26 Sep 2025+4.8%
3 Oct 2025+5.7%
10 Oct 2025+2.4%
17 Oct 2025+4.6%
24 Oct 2025+4.2%
31 Oct 2025−3.8%
7 Nov 2025+9.3%
14 Nov 2025+6.2%
21 Nov 2025−0.4%
28 Nov 2025−3.3%
5 Dec 2025−3.3%
12 Dec 2025−5.5%
19 Dec 2025−2.3%
26 Dec 2025−2.2%
2 Jan 2026−4.1%
9 Jan 2026+1.4%
16 Jan 2026+0.9%
23 Jan 2026+0.0%
1 Feb 2026−0.3%
6 Feb 2026−3.8%
13 Feb 2026+4.1%
20 Feb 2026+7.2%
27 Feb 2026+8.2%
6 Mar 2026+4.3%
13 Mar 2026+4.9%
20 Mar 2026+2.0%
27 Mar 2026+3.5%
2 Apr 2026−1.2%
10 Apr 2026−3.3%
17 Apr 2026−3.4%
24 Apr 2026−0.9%
30 Apr 2026+0.7%
8 May 2026−1.4%
15 May 2026−4.9%
22 May 2026−9.4%
29 May 2026−14.4%
4 Jun 2026−14.9%
5 Jun 2026−14.3%
10 Jun 2026−13.2%
12 Jun 2026−14.0%
17 Jun 2026−8.4%
19 Jun 2026−9.0%
24 Jun 2026−8.8%
25 Jun 2026−9.7%
1 Jul 2026−8.8%
3 Jul 2026−6.0%
10 Jul 2026−4.6%
17 Jul 2026−1.5%
24 Jul 2026+2.2%
31 Jul 2026+2.0%
7 Aug 2026+2.1%
14 Aug 2026+3.1%
21 Aug 2026−0.3%
28 Aug 2026−0.2%
4 Sep 2026−2.3%
11 Sep 2026−4.6%
18 Sep 2026−3.4%
25 Sep 2026−3.2%
1 Oct 2026−5.0%
9 Oct 2026−3.5%
16 Oct 2026−7.4%
23 Oct 2026−9.2%
30 Oct 2026−7.7%
4 Nov 2026−2.6%
Each bar is one week, from 2016 to now (551 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 11 years the share price moved +265% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at Britannia this quarter?

Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), profit up on a year earlier for 7 quarters in a row and highest quarterly revenue in 15 quarters.

  1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare)

    In the June 2026 quarter revenue was ₹5,000 crore, +8.2% on a year earlier.

    Why: Revenue rose because general trade recovered after a pricing disruption ended in June, and other channels and online shopping grew faster.

    Next results: check whether general trade keeps recovering after the dual-pricing disruption ended.

    From the earnings call on 7 Aug 2026.

  2. Profit up on a year earlier for 7 quarters in a row

    In the June 2026 quarter profit was ₹593 crore, +14% on a year earlier.

    Why: Profit rose because cost actions like better packaging, alternate fuels and buying helped offset higher palm oil, sugar, milk and fuel costs.

    Next results: check whether the company holds its margin after fuel and food costs rose.

    From the earnings call on 7 Aug 2026.

  3. Highest quarterly revenue in 15 quarters

    Revenue of ₹5,000 crore in the June 2026 quarter is the highest of the last 15 quarters.

What are Britannia's latest quarterly results?

For April to June 2026 (the quarter ended 30 June 2026), Britannia reported revenue of ₹5,000 crore, up 8.2% from ₹4,622 crore a year earlier, and a profit of ₹593 crore, up 14.0% from ₹520 crore.

Britannia results: April to June 2026 against a year earlier

Britannia results: April to June 2026 against a year earlier
MeasureApril to June 2026April to June 2025Change
Revenue₹5,000 crore₹4,622 crore+8.2%
Profit₹593 crore₹520 crore+14.0%
Earnings per share₹24.55₹21.62+13.6%
Operating margin17.0%16.0%+1.0 points

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Britannia's management discussed these results on a call held on 7 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

What is the Britannia share price history?

Britannia closed at ₹4,946.30 on 4 November 2026, down 19.7% from ₹6,157.50 a year earlier (7 November 2025) and up 35.4% over five years. Its highest weekly close since February 2016 was ₹6,268.80 on 27 September 2024.

Britannia share price: then and now

Britannia share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹4,640.00+6.6%
1 month ago · 1 Oct 2026₹4,778.00+3.5%
6 months ago · 8 May 2026₹5,520.00−10.4%
1 year ago · 7 Nov 2025₹6,157.50−19.7%
3 years ago · 3 Nov 2023₹4,539.55+9.0%
5 years ago · 4 Nov 2021₹3,652.60+35.4%
10 years ago · 4 Nov 2016₹1,651.00+199.6%
Earliest weekly close in our records · 26 Feb 2016₹1,356.23+264.7%
Highest weekly close since February 2016 · 27 Sep 2024₹6,268.80−21.1%
Lowest weekly close since February 2016 · 24 Jun 2016₹1,316.48+275.7%
52-week high (weekly close) · 7 Nov 2025₹6,157.50−19.7%
52-week low (weekly close) · 23 Oct 2026₹4,537.90+9.0%

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

564 weekly closes from 26 February 2016 to 4 November 2026.

What is the latest news on Britannia?

4 Nov 2026: Britannia closed at ₹4,946.30, up 6.6% on the week and up 3.5% on the month. 7 Aug 2026: Britannia held its results call for April to June 2026. Management guided: Additional shrinkflation pricing impact of 1.5%-2% expected in the coming quarter.

Earlier

  • 31 Jul 2026: ex-date for a dividend of ₹90.50 a share.
  • Results for April to June 2026: Revenue up 8.2% and profit up 14.0% on a year earlier.

What dividend does Britannia pay?

Britannia paid ₹90.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 1.83% at the ₹4,946.30 close on 4 November 2026. The last was a dividend of ₹90.50 a share, ex-date 31 July 2026.

Britannia dividends since 1 April 2021

Britannia dividends since 1 April 2021
Ex-dateDividend per shareTypeRecord date
31 Jul 2026Dividend₹90.50Dividendsame day
4 Aug 2025Dividend₹75Dividendsame day
5 Aug 2024Dividend₹73.50Dividend—
13 Apr 2023Interim₹72Interimsame day
20 Jun 2022Dividend₹56.50Dividend—
25 May 2021Dividend₹12.50Dividend27 May 2021
8 Apr 2021Interim₹62Interim10 Apr 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

5 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. Britannia Industries Ltd paid out 86% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

What did Britannia management say on the latest results call?

On the call for April to June 2026, held on 7 August 2026, Britannia's management guided: Additional shrinkflation pricing impact of 1.5%-2% expected in the coming quarter.

“We will not simply buy another cookie company that is doing well, because we know that we can do that ourselves.”Rakshit Hargave, on the call for April to June 2026

What management guided

  • International business expected to return to a growth track from the current quarter.
  • Brand-building spend to remain ahead of sales growth.
  • Healthy full-year outcome defined as volume, value and profitability all staying within a healthy range.
  • Health and protein platforms to develop alongside core and indulgent portfolios.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 7 August 2026.

What to watch in Britannia's next results?

When Britannia reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: International business to return to a growth track - check reported performance after Middle East and North America pressures.

Britannia: what to watch next quarter
What to check (from the call)
International business to return to a growth track - check reported performance after Middle East and North America pressures.
Shrinkflation execution and pricing realization - check whether near-term pass-through offsets raw-material and fuel inflation.
General Trade demand and sequential share gains - check whether dual-pricing normalization sustains retailer return and category share.
LPG/PNG, palm oil, sugar and milk costs - check margin resilience after cost-efficiency and alternate-fuel actions.

Which stock lists is Britannia on?

Britannia is on 2 of our India lists: 52 week high & low and Dividend stocks.

Is Britannia profitable?

Britannia Industries Ltd earned ₹593 Cr of net profit in the Jun 2026 quarter, +14.0% on the same quarter a year earlier. That is the 7th quarter in a row of profit growth. Full-year FY26 profit was ₹2,537 Cr. Over 10 years profit has grown 11.9% a year on average. That is 11.9% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹520 Cr.

For the full year, FY26 profit was ₹2,537 Cr (+16.5% on the year before).

FY26 profit ₹2,537 Cr (+16.5% on the year before), 11.9% a year over 10 years

  • Net profit ₹2,537
FY26 profit ₹2,537 Cr (+16.5% on the year before), 11.9% a year over 10 years
QuarterNet profit
FY16₹825
FY17₹885
FY18₹1,004
FY19₹1,155
FY20₹1,394
FY21₹1,851
FY22₹1,516
FY23₹2,316
FY24₹2,134
FY25₹2,178
FY26₹2,537

Growth on a year earlier

  • Growth on a year earlier 16.5%
Growth on a year earlier
QuarterGrowth on a year earlier
FY1619.7%
FY177.3%
FY1813.4%
FY1915%
FY2020.7%
FY2132.8%
FY22−18.1%
FY2352.8%
FY24−7.9%
FY252.1%
FY2616.5%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Jun 2026: ₹593 Cr (+14.0% on a year earlier), the 7th quarter in a row of growth

  • Net profit (quarterly) ₹593
Jun 2026: ₹593 Cr (+14.0% on a year earlier), the 7th quarter in a row of growth
QuarterNet profit (quarterly)
Sep 2023₹586
Dec 2023₹556
Mar 2024₹537
Jun 2024₹505
Sep 2024₹532
Dec 2024₹582
Mar 2025₹559
Jun 2025₹520
Sep 2025₹655
Dec 2025₹682
Mar 2026₹680
Jun 2026₹593

Growth on a year earlier

  • Growth on a year earlier 14%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 202318.9%
Dec 2023−40.3%
Mar 2024−3.8%
Jun 202411%
Sep 2024−9.2%
Dec 20244.7%
Mar 20254.1%
Jun 20253%
Sep 202523.1%
Dec 202517.2%
Mar 202621.6%
Jun 202614%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +8.2% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +19.0% and revenue +6.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

How much revenue does Britannia make, and is it growing?

Britannia Industries Ltd reported ₹5,000 Cr of revenue in the Jun 2026 quarter, +8.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 8.6% a year on average. The last full year, FY26, came in at ₹19,152 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹19,530 Cr.

FY26 revenue was ₹19,152 Cr, +6.7% on the year before.

FY26 revenue ₹19,152 Cr (+6.7% on the year before), 8.6% a year over 10 years

  • Revenue ₹19,152
FY26 revenue ₹19,152 Cr (+6.7% on the year before), 8.6% a year over 10 years
QuarterRevenue
FY16₹8,397
FY17₹9,054
FY18₹9,914
FY19₹11,055
FY20₹11,600
FY21₹13,136
FY22₹14,136
FY23₹16,301
FY24₹16,769
FY25₹17,943
FY26₹19,152

Growth on a year earlier

  • Growth on a year earlier 6.7%
Growth on a year earlier
QuarterGrowth on a year earlier
FY166.9%
FY177.8%
FY189.5%
FY1911.5%
FY204.9%
FY2113.2%
FY227.6%
FY2315.3%
FY242.9%
FY257%
FY266.7%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Jun 2026: ₹5,000 Cr (+8.2% on a year earlier), the 12th quarter in a row of growth

  • Revenue (quarterly) ₹5,000
Jun 2026: ₹5,000 Cr (+8.2% on a year earlier), the 12th quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023₹4,433
Dec 2023₹4,256
Mar 2024₹4,069
Jun 2024₹4,250
Sep 2024₹4,668
Dec 2024₹4,593
Mar 2025₹4,432
Jun 2025₹4,622
Sep 2025₹4,841
Dec 2025₹4,970
Mar 2026₹4,719
Jun 2026₹5,000

Growth on a year earlier

  • Growth on a year earlier 8.2%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 20231.2%
Dec 20231.4%
Mar 20241.1%
Jun 20246%
Sep 20245.3%
Dec 20247.9%
Mar 20258.9%
Jun 20258.8%
Sep 20253.7%
Dec 20258.2%
Mar 20266.5%
Jun 20268.2%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +6.6% on average, against 8.6% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +6.6%, against +7.2% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +19.0%, against +9.3% a year (accelerating).

How much of every ₹100 of sales does Britannia keep?

Britannia Industries Ltd's operating margin was 17.0% in the Jun 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 9.0% and 19.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +0.5 percentage points on the year while gross margin changed +1.2 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY26: 18.0%, within a range of 9.0% to 19.0% over 13 years

  • Operating margin 18.0%
FY26: 18.0%, within a range of 9.0% to 19.0% over 13 years
QuarterOperating margin
FY149%
FY1511%
FY1615%
FY1714%
FY1815%
FY1916%
FY2016%
FY2119%
FY2216%
FY2317%
FY2419%
FY2518%
FY2618%

Change on the year before (points)

  • Change on the year before (points) 0.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY14–
FY15+2.0 pts
FY16+4.0 pts
FY17−1.0 pts
FY18+1.0 pts
FY19+1.0 pts
FY200.0 pts
FY21+3.0 pts
FY22−3.0 pts
FY23+1.0 pts
FY24+2.0 pts
FY25−1.0 pts
FY260.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 13-year window.

Jun 2026: operating margin 17.0% (+1.0 points on a year earlier)

  • Operating margin 17.0%
Jun 2026: operating margin 17.0% (+1.0 points on a year earlier)
QuarterOperating margin
Sep 202320%
Dec 202319%
Mar 202419%
Jun 202418%
Sep 202417%
Dec 202418%
Mar 202518%
Jun 202516%
Sep 202520%
Dec 202520%
Mar 202618%
Jun 202617%

Change on a year earlier (points)

  • Change on a year earlier (points) +1.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023–
Dec 20230.0 pts
Mar 2024−1.0 pts
Jun 2024+1.0 pts
Sep 2024−3.0 pts
Dec 2024−1.0 pts
Mar 2025−1.0 pts
Jun 2025−2.0 pts
Sep 2025+3.0 pts
Dec 2025+2.0 pts
Mar 20260.0 pts
Jun 2026+1.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Britannia's profit turning into cash?

Over the last 3 years, 112% of Britannia Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹2,612 Cr of operating cash against ₹2,537 Cr of profit. After ₹233 Cr of spending on assets, ₹2,379 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹2,612 Cr against profit ₹2,537 Cr; 112% of 3 years' profit came in as cash

  • Operating cash ₹2,612
  • Net profit ₹2,537
  • Free cash ₹2,379
FY26: operating cash ₹2,612 Cr against profit ₹2,537 Cr; 112% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY16₹959₹825₹698
FY17₹441₹885₹172
FY18₹1,249₹1,004₹748
FY19₹1,156₹1,155₹754
FY20₹1,485₹1,394₹1,171
FY21₹1,851₹1,851₹1,661
FY22₹1,300₹1,516₹720
FY23₹2,526₹2,316₹1,829
FY24₹2,573₹2,134₹2,074
FY25₹2,491₹2,178₹2,144
FY26₹2,612₹2,537₹2,379
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 11-year window, yearly figures.

FY26: operating cash was 103% of profit (112% over three years)

  • Operating cash as % of profit 103%
  • Break-even line 100%
FY26: operating cash was 103% of profit (112% over three years)
QuarterOperating cash as % of profitBreak-even line
FY16116%100%
FY1750%100%
FY18124%100%
FY19100%100%
FY20107%100%
FY21100%100%
FY2286%100%
FY23109%100%
FY24121%100%
FY25114%100%
FY26103%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash.

Why 112% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Where does Britannia's cash go?

Britannia Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −9 days in FY26, down from −4 days in FY21. It spent ₹1,079 Cr on assets over the last 3 years. Customers take 9 days to pay, and stock sits for 44 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹19,152 Cr, each day of that cycle ties up about ₹52.5 Cr, so roughly −₹472 Cr is tied up in the business at any time.

FY26: customers took 9 days to pay and stock sat for 44 days, about 1.4 months of sales sitting as stock, for a full cycle of −9 days, shorter than FY21's −4.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 44 days. Customers pay about 9 days after that. Suppliers are paid at 62 days. Together that makes the −9-day cycle.

FY26: a −9-day cash cycle, −5 days compared with FY21

  • Cash cycle −9d
  • Inventory days 44d
  • Debtor days 9d
  • Payable days 62d
FY26: a −9-day cash cycle, −5 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
FY14−6d37d6d49d
FY15−17d31d6d55d
FY16−16d32d7d56d
FY171d43d7d49d
FY18−9d39d11d59d
FY19−7d43d13d63d
FY20−6d39d10d55d
FY21−4d52d7d63d
FY2210d57d9d55d
FY23−2d45d7d55d
FY24−9d45d9d63d
FY25−9d43d9d60d
FY26−9d44d9d62d
Debtor days, inventory days, payable days and the full cash cycle, each year. 13-year window.

Spending on assets: ₹1,079 Cr over the last 3 years, against ₹950 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹39.0 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹233 Cr, work in progress ₹39.0 Cr, steady spending

  • Capex ₹233
  • Work-in-progress ₹39.0
FY26: capex ₹233 Cr, work in progress ₹39.0 Cr, steady spending
QuarterCapexWork-in-progress
FY16₹261₹90
FY17₹269₹30
FY18₹501₹203
FY19₹402₹101
FY20₹314₹40
FY21₹190₹117
FY22₹580₹536
FY23₹697₹105
FY24₹499₹188
FY25₹347₹89
FY26₹233₹39
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

What is Britannia's P/E ratio, and how does it compare with its own history?

Britannia Industries Ltd's P/E is 45.7×, near the low end of its own history: it has been lower only 12% of the time. Its usual P/E (the middle reading) is 55.7×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

P/E 45.7× against a usual 55.7×: near the low end of its own history: it has been lower only 12% of the time

  • P/E 42.9×
  • Median 55.7×
P/E 45.7× against a usual 55.7×: near the low end of its own history: it has been lower only 12% of the time
WeekP/EMedian
26 Feb 201641.2×55.7×
18 Mar 201640.8×55.7×
8 Apr 201639.3×55.7×
29 Apr 201641.8×55.7×
20 May 201642.8×55.7×
10 Jun 201639.9×55.7×
1 Jul 201639.8×55.7×
22 Jul 201640.4×55.7×
12 Aug 201646.6×55.7×
2 Sep 201647.5×55.7×
23 Sep 201648.5×55.7×
14 Oct 201646.5×55.7×
4 Nov 201646.1×55.7×
25 Nov 201641.4×55.7×
16 Dec 201640.4×55.7×
6 Jan 201740.4×55.7×
27 Jan 201743.3×55.7×
17 Feb 201744.7×55.7×
10 Mar 201742.9×55.7×
31 Mar 201746.4×55.7×
21 Apr 201746.4×55.7×
12 May 201750.9×55.7×
2 Jun 201748.7×55.7×
23 Jun 201749.5×55.7×
14 Jul 201750.5×55.7×
4 Aug 201753.2×55.7×
24 Aug 201757.4×55.7×
15 Sep 201759.4×55.7×
6 Oct 201759.4×55.7×
27 Oct 201762.6×55.7×
17 Nov 201762.8×55.7×
8 Dec 201764.2×55.7×
29 Dec 201762.2×55.7×
19 Jan 201861.9×55.7×
9 Feb 201861.3×55.7×
1 Mar 201862.4×55.7×
23 Mar 201861.1×55.7×
13 Apr 201865.7×55.7×
4 May 201867.9×55.7×
25 May 201869.7×55.7×
15 Jun 201871.8×55.7×
6 Jul 201871.8×55.7×
27 Jul 201871.8×55.7×
17 Aug 201871.8×55.7×
7 Sep 201871.5×55.7×
28 Sep 201866.9×55.7×
19 Oct 201863.9×55.7×
9 Nov 201866.0×55.7×
30 Nov 201870.0×55.7×
21 Dec 201868.9×55.7×
11 Jan 201968.4×55.7×
1 Feb 201971.8×55.7×
22 Feb 201964.3×55.7×
15 Mar 201965.5×55.7×
5 Apr 201963.9×55.7×
26 Apr 201963.4×55.7×
17 May 201957.6×55.7×
7 Jun 201960.1×55.7×
28 Jun 201956.9×55.7×
19 Jul 201957.0×55.7×
9 Aug 201953.5×55.7×
30 Aug 201955.9×55.7×
20 Sep 201959.3×55.7×
11 Oct 201963.8×55.7×
1 Nov 201967.6×55.7×
22 Nov 201957.5×55.7×
13 Dec 201958.1×55.7×
3 Jan 202057.8×55.7×
24 Jan 202060.7×55.7×
14 Feb 202055.8×55.7×
6 Mar 202055.5×55.7×
27 Mar 202045.5×55.7×
17 Apr 202051.0×55.7×
8 May 202053.9×55.7×
29 May 202060.8×55.7×
19 Jun 202058.4×55.7×
10 Jul 202063.4×55.7×
31 Jul 202054.2×55.7×
21 Aug 202055.0×55.7×
11 Sep 202053.5×55.7×
1 Oct 202054.0×55.7×
23 Oct 202046.6×55.7×
14 Nov 202047.4×55.7×
4 Dec 202049.0×55.7×
24 Dec 202048.6×55.7×
15 Jan 202148.5×55.7×
5 Feb 202145.5×55.7×
26 Feb 202143.2×55.7×
19 Mar 202144.5×55.7×
9 Apr 202148.8×55.7×
30 Apr 202144.6×55.7×
21 May 202144.4×55.7×
11 Jun 202146.0×55.7×
2 Jul 202145.8×55.7×
23 Jul 202144.4×55.7×
13 Aug 202150.5×55.7×
3 Sep 202158.2×55.7×
24 Sep 202157.0×55.7×
14 Oct 202154.9×55.7×
4 Nov 202151.5×55.7×
26 Nov 202153.7×55.7×
17 Dec 202153.4×55.7×
7 Jan 202256.5×55.7×
28 Jan 202256.0×55.7×
18 Feb 202255.5×55.7×
11 Mar 202251.0×55.7×
1 Apr 202251.5×55.7×
22 Apr 202253.7×55.7×
13 May 202251.8×55.7×
3 Jun 202255.7×55.7×
24 Jun 202254.8×55.7×
15 Jul 202260.8×55.7×
5 Aug 202260.3×55.7×
26 Aug 202259.7×55.7×
16 Sep 202259.5×55.7×
7 Oct 202261.9×55.7×
28 Oct 202261.8×55.7×
18 Nov 202262.5×55.7×
9 Dec 202267.1×55.7×
30 Dec 202265.6×55.7×
20 Jan 202365.7×55.7×
10 Feb 202360.6×55.7×
3 Mar 202357.8×55.7×
24 Mar 202355.0×55.7×
13 Apr 202355.9×55.7×
5 May 202355.2×55.7×
26 May 202354.9×55.7×
16 Jun 202360.2×55.7×
7 Jul 202360.4×55.7×
28 Jul 202358.5×55.7×
18 Aug 202351.1×55.7×
8 Sep 202351.2×55.7×
29 Sep 202351.1×55.7×
20 Oct 202351.6×55.7×
12 Nov 202350.5×55.7×
1 Dec 202353.6×55.7×
22 Dec 202355.7×55.7×
12 Jan 202455.6×55.7×
2 Feb 202455.6×55.7×
23 Feb 202455.0×55.7×
15 Mar 202455.4×55.7×
5 Apr 202453.6×55.7×
26 Apr 202453.5×55.7×
18 May 202457.3×55.7×
7 Jun 202461.4×55.7×
28 Jun 202461.6×55.7×
19 Jul 202466.1×55.7×
9 Aug 202462.6×55.7×
30 Aug 202463.9×55.7×
20 Sep 202467.7×55.7×
11 Oct 202465.2×55.7×
1 Nov 202462.1×55.7×
22 Nov 202454.3×55.7×
13 Dec 202454.3×55.7×
3 Jan 202554.1×55.7×
24 Jan 202557.1×55.7×
14 Feb 202554.7×55.7×
7 Mar 202552.6×55.7×
28 Mar 202554.7×55.7×
17 Apr 202560.4×55.7×
9 May 202559.6×55.7×
30 May 202560.4×55.7×
20 Jun 202561.2×55.7×
11 Jul 202563.1×55.7×
1 Aug 202563.6×55.7×
22 Aug 202560.9×55.7×
12 Sep 202568.6×55.7×
3 Oct 202565.8×55.7×
24 Oct 202566.5×55.7×
14 Nov 202560.3×55.7×
5 Dec 202562.0×55.7×
26 Dec 202562.7×55.7×
16 Jan 202661.3×55.7×
6 Feb 202661.5×55.7×
27 Feb 202659.9×55.7×
20 Mar 202656.0×55.7×
10 Apr 202655.4×55.7×
30 Apr 202657.1×55.7×
22 May 202650.7×55.7×
5 Jun 202648.7×55.7×
17 Jun 202649.7×55.7×
25 Jun 202649.8×55.7×
10 Jul 202650.9×55.7×
31 Jul 202651.5×55.7×
21 Aug 202649.6×55.7×
11 Sep 202645.9×55.7×
1 Oct 202644.2×55.7×
23 Oct 202642.0×55.7×
30 Oct 202642.9×55.7×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹108
Earnings per share, 12 months
WeekEarnings per share, 12 months
26 Feb 2016–
18 Mar 2016₹33
8 Apr 2016₹33
29 Apr 2016₹33
20 May 2016₹33
10 Jun 2016₹33
1 Jul 2016₹34
22 Jul 2016₹34
12 Aug 2016₹34
2 Sep 2016₹34
23 Sep 2016₹36
14 Oct 2016₹36
4 Nov 2016₹36
25 Nov 2016₹36
16 Dec 2016₹36
6 Jan 2017₹36
27 Jan 2017₹36
17 Feb 2017₹36
10 Mar 2017₹36
31 Mar 2017₹36
21 Apr 2017₹36
12 May 2017₹36
2 Jun 2017₹36
23 Jun 2017₹37
14 Jul 2017₹37
4 Aug 2017₹37
24 Aug 2017₹37
15 Sep 2017₹37
6 Oct 2017₹37
27 Oct 2017₹37
17 Nov 2017₹37
8 Dec 2017₹37
29 Dec 2017₹38
19 Jan 2018₹38
9 Feb 2018₹38
1 Mar 2018₹38
23 Mar 2018₹40
13 Apr 2018₹40
4 May 2018₹40
25 May 2018₹40
15 Jun 2018₹40
6 Jul 2018₹42
27 Jul 2018₹42
17 Aug 2018₹42
7 Sep 2018₹42
28 Sep 2018₹44
19 Oct 2018₹44
9 Nov 2018₹44
30 Nov 2018₹44
21 Dec 2018₹45
11 Jan 2019₹45
1 Feb 2019₹45
22 Feb 2019₹45
15 Mar 2019₹45
5 Apr 2019₹47
26 Apr 2019₹47
17 May 2019₹47
7 Jun 2019₹47
28 Jun 2019₹48
19 Jul 2019₹48
9 Aug 2019₹48
30 Aug 2019₹48
20 Sep 2019₹48
11 Oct 2019₹48
1 Nov 2019₹48
22 Nov 2019₹48
13 Dec 2019₹48
3 Jan 2020₹53
24 Jan 2020₹53
14 Feb 2020₹53
6 Mar 2020₹53
27 Mar 2020₹56
17 Apr 2020₹56
8 May 2020₹56
29 May 2020₹56
19 Jun 2020₹59
10 Jul 2020₹59
31 Jul 2020₹59
21 Aug 2020₹59
11 Sep 2020₹59
1 Oct 2020₹71
23 Oct 2020₹71
14 Nov 2020₹71
4 Dec 2020₹71
24 Dec 2020₹75
15 Jan 2021₹75
5 Feb 2021₹75
26 Feb 2021₹75
19 Mar 2021₹78
9 Apr 2021₹78
30 Apr 2021₹78
21 May 2021₹78
11 Jun 2021₹78
2 Jul 2021₹77
23 Jul 2021₹77
13 Aug 2021₹77
3 Sep 2021₹77
24 Sep 2021₹71
14 Oct 2021₹71
4 Nov 2021₹71
26 Nov 2021₹71
17 Dec 2021₹71
7 Jan 2022₹66
28 Jan 2022₹66
18 Feb 2022₹66
11 Mar 2022₹66
1 Apr 2022₹63
22 Apr 2022₹63
13 May 2022₹63
3 Jun 2022₹63
24 Jun 2022₹63
15 Jul 2022₹63
5 Aug 2022₹63
26 Aug 2022₹63
16 Sep 2022₹63
7 Oct 2022₹61
28 Oct 2022₹61
18 Nov 2022₹61
9 Dec 2022₹61
30 Dec 2022₹66
20 Jan 2023₹66
10 Feb 2023₹66
3 Mar 2023₹66
24 Mar 2023₹76
13 Apr 2023₹76
5 May 2023₹76
26 May 2023₹76
16 Jun 2023₹76
7 Jul 2023₹84
28 Jul 2023₹84
18 Aug 2023₹84
8 Sep 2023₹84
29 Sep 2023₹89
20 Oct 2023₹89
12 Nov 2023₹89
1 Dec 2023₹89
22 Dec 2023₹93
12 Jan 2024₹93
2 Feb 2024₹93
23 Feb 2024₹93
15 Mar 2024₹93
5 Apr 2024₹90
26 Apr 2024₹90
18 May 2024₹90
7 Jun 2024₹90
28 Jun 2024₹89
19 Jul 2024₹89
9 Aug 2024₹89
30 Aug 2024₹89
20 Sep 2024₹92
11 Oct 2024₹92
1 Nov 2024₹92
22 Nov 2024₹92
13 Dec 2024₹92
3 Jan 2025₹89
24 Jan 2025₹89
14 Feb 2025₹89
7 Mar 2025₹89
28 Mar 2025₹90
17 Apr 2025₹90
9 May 2025₹90
30 May 2025₹90
20 Jun 2025₹91
11 Jul 2025₹91
1 Aug 2025₹91
22 Aug 2025₹91
12 Sep 2025₹91
3 Oct 2025₹91
24 Oct 2025₹91
14 Nov 2025₹91
5 Dec 2025₹91
26 Dec 2025₹96
16 Jan 2026₹96
6 Feb 2026₹96
27 Feb 2026₹96
20 Mar 2026₹100
10 Apr 2026₹100
30 Apr 2026₹100
22 May 2026₹100
5 Jun 2026₹100
17 Jun 2026₹100
25 Jun 2026₹105
10 Jul 2026₹105
31 Jul 2026₹105
21 Aug 2026₹105
11 Sep 2026₹105
1 Oct 2026₹108
23 Oct 2026₹108
30 Oct 2026₹108
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 11 years of history; short peaks above 72× are drawn at the top edge.

PEG 4.19: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 4.19×
  • PEG = 1.0 1.00×
PEG 4.19: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Q1 FY223.75×1.00×
Q2 FY224.46×1.00×
Q3 FY224.15×1.00×
Q4 FY223.64×1.00×
Q1 FY234.29×1.00×
Q2 FY233.80×1.00×
Q3 FY233.54×1.00×
Q4 FY232.68×1.00×
Q1 FY243.69×1.00×
Q2 FY243.41×1.00×
Q3 FY244.14×1.00×
Q4 FY244.05×1.00×
Q1 FY254.77×1.00×
Q2 FY254.89×1.00×
Q3 FY254.82×1.00×
Q4 FY255.34×1.00×
Q1 FY265.17×1.00×
Q2 FY264.76×1.00×
Q3 FY264.37×1.00×
Q4 FY263.54×1.00×
Q1 FY274.19×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 21 quarters.
45.7×P/E · lower than 88% of its last 11 years
3.64PEG · today, as reported

Why the multiple is where it is: over the past year earnings per share moved +16.3% while the price moved −19.7%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 5 years the price moved +6.3% a year; about +8.8% a year came from earnings growth and about −2.5 percentage points from the multiple (the market paying less); over 10 years the price moved +11.6% a year; about +11.7% a year came from earnings growth and about −0.1 percentage points from the multiple (roughly no change). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Is the Britannia business getting better or worse?

Britannia Industries Ltd's business is getting better. Profit growth hit its low 7 quarters ago at −10.4% and has recovered to +19.0%, with ROCE falling at 64.9%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +6.7% in FY26, profit +16.5%

  • Revenue growth 6.7%
Growth year by year: revenue +6.7% in FY26, profit +16.5%
QuarterRevenue growth
FY166.9%
FY177.8%
FY189.5%
FY1911.5%
FY204.9%
FY2113.2%
FY227.6%
FY2315.3%
FY242.9%
FY257%
FY266.7%

Profit growth, EPS growth

  • Profit growth 16.5%
  • EPS growth 16.3%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY1619.7%19.7%
FY177.3%7.2%
FY1813.4%13.5%
FY1915%15.3%
FY2020.7%20.9%
FY2132.8%32.7%
FY22−18.1%−18.2%
FY2352.8%52.3%
FY24−7.9%−7.8%
FY252.1%1.8%
FY2616.5%16.3%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue stabilising, profit accelerating

  • Revenue 6.6%
Three growth lines over twelve quarters: revenue stabilising, profit accelerating
QuarterRevenue
Sep 20239.9%
Dec 20235.9%
Mar 20242.9%
Jun 20242.4%
Sep 20243.5%
Dec 20245.1%
Mar 20257%
Jun 20257.7%
Sep 20257.2%
Dec 20257.3%
Mar 20266.7%
Jun 20266.6%

Profit, EPS

  • Profit 19%
  • EPS 18.7%
Profit, EPS
QuarterProfitEPS
Sep 202360.1%60.3%
Dec 20230.6%0.8%
Mar 2024−8%−7.8%
Jun 2024−10.4%−10.4%
Sep 2024−15.8%−15.9%
Dec 20240%−0.1%
Mar 20252.1%1.8%
Jun 20250.4%0.3%
Sep 20258.7%8.7%
Dec 202512.1%12%
Mar 202616.5%16.3%
Jun 202619%18.7%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 64.9%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 202392%
Dec 202381.6%
Mar 202460.3%
Jun 202461%
Sep 202475.7%
Dec 202476.5%
Mar 202560.1%
Jun 202560.4%
Sep 202574.7%
Dec 202577.7%
Mar 202663.2%
Jun 202664.9%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
Steady highRevenue growth · latest +6.6%, range +2.4% to +9.9%
RisingProfit growth · latest +19.0%, range −15.8% to +60.1%
RisingEPS growth · latest +18.7%, range −15.9% to +60.3%
Turning downROCE · latest 64.9%, range 60.1% to 92.0%

Why it matters: a lasting rise from a low is what this page is built to show.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+6.7%+5.5%+7.8%+8.6%
Profit+16.5%+3.1%+6.5%+11.9%
EPS+16.3%+3.0%+6.3%+11.8%
Share price−19.7%+2.9%+6.3%+11.6%
+8.2%Revenue growth (Jun 2026) · latest quarter against a year ago
+14.0%Profit growth (Jun 2026) · latest quarter against a year ago
8.6%Revenue, 10 years · yearly growth over the long run

How much does Britannia earn on its capital?

Britannia Industries Ltd earned a ROCE of 56% in FY26. That is up from a low of 37% in FY20. Its return on capital used (ROIC) is 42.5 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 13.2% net margin and 1.97× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 13.2% net margin × 1.97× asset turnover × 1.91× leverage (assets divided by equity) ≈ 49.7% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 54.5% − 12.0% = +42.5 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value.

FY26: ROCE 56%, the climb back from FY20's 37%

  • ROCE 56%
  • ROIC (annual) 54.7%
  • Cost of capital 12%
FY26: ROCE 56%, the climb back from FY20's 37%
QuarterROCEROIC (annual)Cost of capital
FY1459%–12%
FY1566%–12%
FY1668%–12%
FY1752%–12%
FY1847%–12%
FY1944%–12%
FY2037%–12%
FY2145%–12%
FY2241%35.2%12%
FY2349%45.4%12%
FY2449%48.5%12%
FY2553%50.9%12%
FY2656%54.7%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 13-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q4 FY26: ROCE 57.8% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 57.8%
  • ROIC (12 months) 52%
  • Cost of capital 12.0%
Q4 FY26: ROCE 57.8% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q2 FY2477.1%46.4%12%
Q3 FY24–47.4%12%
Q4 FY2457.5%45.1%12%
Q1 FY25–45.1%12%
Q2 FY2567.9%48%12%
Q3 FY25–48.2%12%
Q4 FY2555.1%50%12%
Q1 FY26–50.6%12%
Q2 FY2666.9%49.4%12%
Q3 FY26–50.5%12%
Q4 FY2657.8%50.6%12%
Q1 FY27–52%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Britannia have too much debt?

Britannia Industries Ltd has total debt of ₹1,380 Cr against shareholder equity of ₹5,136 Cr as of Jun 2026, so its debt is 0.27× its equity, which is very little. Year by year, that ratio went from 0.96 in FY22 to 0.27 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹1,380 Cr, 0.27× equity

  • Total debt ₹1,380
FY26: debt ₹1,380 Cr, 0.27× equity
QuarterTotal debt
FY22₹2,481
FY23₹2,997
FY24₹2,065
FY25₹1,247
FY26₹1,380

Debt-to-equity

  • Debt-to-equity 0.27×
Debt-to-equity
QuarterDebt-to-equity
FY220.96×
FY230.84×
FY240.52×
FY250.28×
FY260.27×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt ₹1,380 Cr, debt-to-equity 0.27

  • Total debt (quarterly) ₹1,380
Jun 2026: debt ₹1,380 Cr, debt-to-equity 0.27
QuarterTotal debt (quarterly)
Sep 2023₹2,778
Dec 2023₹2,778
Mar 2024₹2,065
Jun 2024₹2,065
Sep 2024₹2,754
Dec 2024₹2,754
Mar 2025₹1,247
Jun 2025₹1,247
Sep 2025₹2,196
Dec 2025₹2,196
Mar 2026₹1,380
Jun 2026₹1,380

Debt-to-equity

  • Debt-to-equity 0.27×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.97×
Dec 20230.97×
Mar 20240.52×
Jun 20240.52×
Sep 20240.85×
Dec 20240.85×
Mar 20250.28×
Jun 20250.28×
Sep 20250.58×
Dec 20250.58×
Mar 20260.27×
Jun 20260.27×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the Britannia shareholding pattern?

Foreign institutions cut their stake in Britannia Industries Ltd by 5.0 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 12.9% of the company. Domestic institutions moved +5.0 points over the same period, to 21.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Foreign institutions: −5.0 points over 8 quarters, to 12.9%; Domestic institutions: +5.0 points over 8 quarters, to 21.4%; Promoters: +0.0 points over 8 quarters, to 50.5%.

Why the owners changed: foreign institutions moved −5.0 points and domestic institutions +5.0 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company.

Year ends: domestic institutions +3.2 points from Mar 2024 to Mar 2026

  • Promoters 50.55%
  • Foreign inst. 15.63%
  • Domestic inst. 18.82%
  • Public 14.94%
Year ends: domestic institutions +3.2 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202450.55%18.23%15.63%15.57%
Mar 202550.55%15.72%18.26%15.48%
Mar 202650.55%15.63%18.82%14.94%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Foreign institutions cut their stake by 5.0 points over 8 quarters

  • Promoters 50.55%
  • Foreign inst. 12.94%
  • Domestic inst. 21.41%
  • Public 15.05%
Foreign institutions cut their stake by 5.0 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Sep 202350.55%19.66%13.84%15.94%
Dec 202350.55%18.99%14.84%15.62%
Mar 202450.55%18.23%15.63%15.57%
Jun 202450.55%17.41%16.69%15.36%
Sep 202450.55%17.91%16.37%15.18%
Dec 202450.55%16.46%17.58%15.41%
Mar 202550.55%15.72%18.26%15.48%
Jun 202550.55%15.58%18.65%15.2%
Sep 202550.55%15.02%19.39%15.03%
Dec 202550.55%14.88%19.55%14.97%
Mar 202650.55%15.63%18.82%14.94%
Jun 202650.55%13.4%20.88%15.13%
Sep 202650.55%12.94%21.41%15.05%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is Britannia from balance-sheet trouble?

For Britannia Industries Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Britannia rank in its industry?

51.3 out of 100, rank 4 of 6 in FMCG - Foods, with 96% of the evidence available.

Britannia Industries Ltd scores 51.3 out of 100 against the 6 companies it is compared with in FMCG - Foods, ranking 4. A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value.

The four parts add up to the total exactly: 18.9 + 22.9 + 5.8 + 3.7 = 51.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Britannia compared with?

Britannia ranks 4 of 6 FMCG - Foods companies on the 4-Factor Sector Score, with 51.3 out of 100.

  1. 1Tata Consumer Products LtdTATACONSUM · turning · Evidence leans up · 82% evidence53.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.8/35 · Revenue 14.7% · Profit 24.5% · Operating margin change 0 points · 95% evidenceCapital efficiency 10.2/25 · ROCE 9.2% · Operating margin 14% · 76% evidenceValuation 7.1/20 · P/E 59× · PEG — · 50% evidenceRelative strength 16.9/20 · Lead over its industry 8% · Lead over NIFTY 500 -2.6% · 1 year -11.9% · 100% evidence · 0 of 12 weeks aheadExact sum: 18.8 + 10.2 + 7.1 + 16.9 = 53 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2Sundrop Brands LtdSUNDROP · quiet · Evidence leans up · 89% evidence52.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 30.3/35 · Revenue 47.3% · Profit 100% · Operating margin change 2.3 points · 88% evidenceCapital efficiency 5.3/25 · ROCE 1.9% · Operating margin 6% · 100% evidenceValuation 3.5/20 · P/E 82.4× · PEG 4.97 · 65% evidenceRelative strength 13.3/20 · Lead over its industry 6.3% · Lead over NIFTY 500 -4.1% · 1 year -21.9% · 100% evidence · 3 of 12 weeks aheadExact sum: 30.3 + 5.3 + 3.5 + 13.3 = 52.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Patanjali Foods LtdPATANJALI · turning · Evidence leans up · 86% evidence52.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.5/35 · Revenue 20.2% · Profit 61.6% · Operating margin change 1.1 points · 88% evidenceCapital efficiency 7.6/25 · ROCE 12.1% · Operating margin 4.8% · 100% evidenceValuation 14.4/20 · P/E 18.3× · PEG — · 50% evidenceRelative strength 6.7/20 · Lead over its industry -5.5% · Lead over NIFTY 500 -15.4% · 1 year -39.4% · 100% evidence · 3 of 12 weeks aheadExact sum: 23.5 + 7.6 + 14.4 + 6.7 = 52.2 · What this means: Earnings are strong; relative strength in its sector is -5.5% and the one-year return is -39.4%.
  4. 4Britannia Industries Ltd this pageBRITANNIA · quiet · Evidence leans up · 96% evidence51.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.9/35 · Revenue 6.6% · Profit 19% · Operating margin change 1 points · 88% evidenceCapital efficiency 22.9/25 · ROCE 56% · Operating margin 17% · 100% evidenceValuation 5.8/20 · P/E 42.9× · PEG 3.25 · 100% evidenceRelative strength 3.7/20 · Lead over its industry -2% · Lead over NIFTY 500 -11.7% · 1 year -20.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 18.9 + 22.9 + 5.8 + 3.7 = 51.3 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value.
  5. 5The Bombay Burmah Trading Corporation LtdBBTC · quiet · Evidence leans up · 63% evidence50.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 11.6/35 · Revenue 6.6% · Profit 16.1% · Operating margin change 1 points · 83% evidenceCapital efficiency 17.5/25 · ROCE 33% · Operating margin 16% · 76% evidenceValuation 13.8/20 · P/E 6.5× · PEG — · 50% evidenceRelative strength 7.5/20 · Lead over its industry — · Lead over NIFTY 500 -23.6% · 1 year -42.1% · 25% evidence · 0 of 12 weeks aheadExact sum: 11.6 + 17.5 + 13.8 + 7.5 = 50.4 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  6. 6Mrs Bectors Food Specialities LtdBECTORFOOD · quiet · Evidence leans down · 96% evidence38.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 10.9/35 · Revenue 11.1% · Profit 7.2% · Operating margin change 1 points · 88% evidenceCapital efficiency 15.5/25 · ROCE 14.1% · Operating margin 13% · 100% evidenceValuation 4.7/20 · P/E 37.5× · PEG 3.31 · 100% evidenceRelative strength 7.8/20 · Lead over its industry 0.1% · Lead over NIFTY 500 -9.9% · 1 year -32.2% · 100% evidence · 10 of 12 weeks aheadExact sum: 10.9 + 15.5 + 4.7 + 7.8 = 38.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: FMCG - Foods, all 6 compared on one page.

Which companies are close to Britannia in size?

Britannia is the largest of 6 FMCG - Foods companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: Tata Consumer Products, Patanjali Foods, The Bombay Burmah Trading Corporation, Mrs Bectors Food Specialities and Sundrop Brands.

FMCG - Foods companies close in size

  1. Britannia Industries Ltd ₹1,11,763 crore
  2. Tata Consumer Products Ltd ₹1,01,533 crore
  3. Patanjali Foods Ltd ₹39,700 crore
  4. The Bombay Burmah Trading Corporation Ltd ₹8,004 crore
  5. Mrs Bectors Food Specialities Ltd ₹5,575 crore
  6. Sundrop Brands Ltd ₹2,302 crore

All 6 FMCG - Foods companies, largest first

Companies close in size in other industries

  1. Dr Reddys Laboratories Ltd ₹1,12,849 crore · Pharma - Formulators
  2. LG Electronics India Ltd ₹1,12,771 crore · Consumer Electronics
  3. Britannia Industries Ltd ₹1,11,763 crore
  4. Cipla Ltd ₹1,11,397 crore · Pharma - Formulators
  5. GAIL (India) Ltd ₹1,10,402 crore · Gas Distribution

What else do people ask about Britannia?

What is Britannia's share price today?

Britannia Industries Ltd's share price is ₹4,946.30, −19.7% over the past year. The whole company is worth ₹1,19,141 Cr on the market.

In the last 52 weeks it traded between ₹4,538 to ₹6,158; today it is 25% of the way up from the low, 6.9% below its 200-day average (as of 4 November 2026).

What were Britannia's latest quarterly results?

Britannia Industries Ltd reported revenue of ₹5,000 Cr and net profit of ₹593 Cr for the Jun 2026 quarter. Revenue rose 8.2% and profit rose 14.0% compared with a year earlier. Earnings per share were ₹24.55.

The operating margin was 17.0%, 1.0 percentage points higher than a year earlier (as of 4 November 2026).

What is Britannia's market cap?

Britannia Industries Ltd's market capitalisation is ₹1,19,141 Cr at a share price of ₹4,946.30. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Britannia performing?

Britannia Industries Ltd's share price has been falling for 26 weeks. In its latest quarter, revenue rose 8.2% and profit rose 14.0% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 12 weeks running (as of 4 November 2026).

Will Britannia's share price go up?

This page does not forecast Britannia Industries Ltd's share price. What it shows instead: the share price is ₹4,946.30, and it has been falling for 26 weeks. Its P/E of 45.7× is higher than 12% of its own last 11 years (as of 4 November 2026).

Who owns Britannia?

Promoters own 50.5% of Britannia Industries Ltd, foreign institutions 12.9%, domestic institutions 21.4% and the public 15.1% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 5.0 percentage points over 8 quarters (as of 4 November 2026).

Does Britannia have too much debt?

No, Britannia Industries Ltd has little debt: its debt is 0.27× its equity, and its operating profit is 31 times its interest bill. FY26 borrowings were ₹1,380 Cr against equity of ₹5,106 Cr.

So the returns on this page come from the business, not borrowed money (as of 4 November 2026).

Where is Britannia in its business cycle?

Britannia Industries Ltd's FY26 operating margin was 18.0%, against a 13-year range of 9.0% to 19.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 17.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Britannia story?

The main question: yearly earnings per share moved +16.3% while the share price moved −19.7%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Britannia a stock worth studying right now?

What the numbers show: Britannia Industries Ltd's earnings have grown faster than its share price. Earnings per share grew +16.3% in a year while the price moved −19.7%. The main open question: whether the price catches up with earnings that have already grown.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Is there a Britannia share price forecast for 2026?

What management itself guided: Additional shrinkflation pricing impact of 1.5%-2% expected in the coming quarter.

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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