Britannia Industries Limited is one of India’s leading FMCG companies, with a century-long history. Britannia has grown to become a household name in the country, known for its iconic biscuits and other bakery products. The company has a market capitalization of over INR 110,970 crores as of May 2022, making it one of India’s top FMCG players. For the quarter that ended on March 31, well-known biscuit manufacturer Britannia Industries reported a 47.53% year-over-year (YoY) increase in consolidated net profit to Rs 557.60 crore as robust demand and prior pricing increases helped boost margins. In the January-March quarter of the previous year, the business that sells the Marie Gold and Good Day brands of cookies had a net profit of Rs. 377.95 crores. According to a filing with the exchange, the company’s income from operations increased 10.93% to Rs 3,892.02 crore in the fourth quarter of FY23 from Rs 3,508.35 crore the previous quarter.
Britannia is well-positioned to capitalize on the Indian FMCG market, which is expected to grow at a CAGR of 9-10% over the next few years. So, let us begin! and discuss the BRITANNIA share price target for the years 2023 to 2030, with the company’s growth potential and the factors that may affect its share price.
Latest news about Britannia Industries
➤The largest biscuit manufacturer in India, Britannia Industries Ltd, has predicted a low single-digit input cost increase for the current fiscal year. The business stated that it is actively observing input prices and would continue to keep an eye out for competitive pricing practices. vAccording to Varun Berry, vice-chairman of the firm and MD, low single-digit inflation of about 3% for FY’24 has been factored into Britannia’s plan.
➤CLSA has downgraded Britannia from Underperform to Sell and reduced the stock’s target price.
How to purchase BRITTANIA shares?
Below are the trading platforms that you can use to purchase Britannia shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
BRITANNIA Share Price Prediction of: 2023 to 2030
Share Price Prediction of 2023
| When | Maximum Price | Minimum Price |
| May 2023 | ₹4,751.50 | ₹3,270.38 |
| June 2023 | ₹5,101.80 | ₹3,924.46 |
| July 2023 | ₹6,122.16 | ₹4,709.35 |
| August 2023 | ₹6,734.38 | ₹5,180.29 |
| September 2023 | ₹7,071.09 | ₹5,439.30 |
| October 2023 | ₹6,734.38 | ₹5,180.29 |
| November 2023 | ₹7,407.81 | ₹5,698.32 |
| December 2023 | ₹8,296.75 | ₹6,382.12 |
The table shows the predicted Britannia share prices for the year 2023. The prices are given for each month, and there is a clear pattern of an uptrend throughout the year. The minimum and maximum prices for each month are also given, with the maximum prices increasing steadily over the year. The growth percentage is also noteworthy, with the share price expected to increase by around 83% from the minimum to the maximum price for the year.
The bullish trend in the Britannia share price can be attributed to various factors, including the company’s strong financial performance and growth prospects. The company has consistently delivered strong earnings and revenue growth in recent years and has a robust pipeline of new products and expansion plans. Additionally, the growing demand for packaged food products, driven by changing consumer preferences and lifestyle changes, has further boosted the company’s growth prospects.
Overall, the predicted share price trend for Britannia in 2023 looks positive, with the company expected to benefit from its strong fundamentals and the favorable market conditions. However, it is important to keep in mind that these are only predictions and actual market conditions may differ.
Share Price Prediction of 2024
| When | Maximum Price | Minimum Price |
| January 2024 | ₹8,733.42 | ₹6,718.02 |
| February 2024 | ₹9,812.83 | ₹8,177.36 |
| March 2024 | ₹10,329.30 | ₹8,397.80 |
| April 2024 | ₹9,390.27 | ₹7,223.29 |
| May 2024 | ₹7,825.23 | ₹6,019.41 |
| June 2024 | ₹9,390.27 | ₹7,223.29 |
| July 2024 | ₹7,981.73 | ₹6,187.39 |
| August 2024 | ₹8,779.90 | ₹6,968.18 |
| September 2024 | ₹9,218.90 | ₹7,091.46 |
| October 2024 | ₹10,845.76 | ₹8,342.90 |
| November 2024 | ₹11,388.05 | ₹8,760.04 |
| December 2024 | ₹11,615.81 | ₹8,935.24 |
The table represents the predicted Britannia share price target for the year 2024. There is a mix of bearish and bullish trends throughout the year, with the share price expected to fluctuate between the minimum and maximum prices. The minimum and maximum share price targets for the year are ₹6,718.02 and ₹11,615.81, respectively.
Investors should keep in mind that the actual market conditions may differ from the predicted values, and the share prices may deviate from the predicted targets. However, based on the predicted targets, investors can expect a decent return on their investments in Britannia. It is important to note that market risks and uncertainties can always impact the share prices, and investors should always conduct thorough research before making any investment decisions.
Overall, the predicted targets for the Britannia share prices in 2024 indicate a volatile market, with the share prices expected to fluctuate throughout the year. Investors should keep a close eye on the market trends and adjust their investment strategies accordingly.
Share Price Prediction of 2025
| When | Maximum Price | Minimum Price |
| January 2025 | ₹11,848.13 | ₹9,113.95 |
| February 2025 | ₹12,471.72 | ₹9,593.63 |
| March 2025 | ₹13,095.30 | ₹10,073.31 |
| April 2025 | ₹11,692.23 | ₹8,994.03 |
| May 2025 | ₹10,629.30 | ₹8,176.39 |
| June 2025 | ₹11,692.23 | ₹8,994.03 |
| July 2025 | ₹11,135.46 | ₹8,565.74 |
| August 2025 | ₹11,599.44 | ₹8,922.64 |
| September 2025 | ₹12,179.41 | ₹9,368.78 |
| October 2025 | ₹12,910.17 | ₹9,930.90 |
| November 2025 | ₹13,813.89 | ₹10,626.07 |
| December 2025 | ₹14,090.16 | ₹10,838.59 |
The predicted Britannia share price target for 2025 shows a consistent uptrend throughout the year, with the maximum and minimum share price targets being ₹14,090.16 and ₹8,176.39, respectively. The average target for the year is ₹11,996.74, indicating a significant upside potential for investors.
Based on the predicted targets, it is recommended that investors consider buying Britannia shares in 2025, as the market trends suggest a favorable outlook for the company. However, investors should also be aware of the potential risks and uncertainties that may impact the market conditions and adjust their investment strategies accordingly.
Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2023 | ₹8,296.75 | ₹3,270.38 |
| 2024 | ₹11,615.81 | ₹6,718.02 |
| 2025 | ₹14,090.16 | ₹8,994.03 |
| 2026 | ₹9,863.11 | ₹6,904.18 |
| 2027 | ₹8,383.65 | ₹5,868.55 |
| 2028 | ₹15,090.57 | ₹10,563.40 |
| 2029 | ₹30,998.36 | ₹21,698.85 |
| 2030 | ₹34,520.90 | ₹24,164.63 |
Looking at the table, the BRITANNIA share price target for 2026 to 2030 is quite variable. In 2026, the maximum price is predicted to be ₹9,863.11 and the minimum price is expected to be ₹6,904.18. The next year, in 2027, the maximum price drops to ₹8,383.65 and the minimum price drops to ₹5,868.55. However, there is a significant jump in prices in 2028, with a maximum price prediction of ₹15,090.57 and a minimum price of ₹10,563.40. This upward trend is expected to continue, with a maximum price of ₹30,998.36 and a minimum price of ₹21,698.85 predicted for 2029, and a maximum price of ₹34,520.90 and a minimum price of ₹24,164.63 predicted for 2030.
The average target price for BRITANNIA shares seems to be on the upside, with a few fluctuations expected along the way. Investors may want to keep an eye on this stock, especially during the years where significant growth is expected. However, as with any investment, it is important to conduct thorough research and seek professional advice before making any decisions.
Financial Condition of BRITANNIA: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
| Sales | 9,913.99 | 11,054.67 | 11,599.55 | 13,136.14 | 14,136.26 |
| Expenses | 8,412.52 | 9,322.22 | 9,756.37 | 10,626.85 | 11,934.95 |
| Operating Profit | 1,501.47 | 1,732.45 | 1,843.18 | 2,509.29 | 2,201.31 |
| Other Income | 166.37 | 206.45 | 262.83 | 313.07 | 221.85 |
| Depreciation | 142.07 | 161.88 | 184.81 | 197.85 | 200.54 |
| Interest | 7.59 | 9.09 | 76.9 | 110.9 | 144.29 |
| Profit before tax | 1,518.18 | 1,767.93 | 1,844.30 | 2,513.61 | 2,078.33 |
| Tax | 514.22 | 612.47 | 450.7 | 663.02 | 562.35 |
| Net profit | 1,004.23 | 1,159.12 | 1,402.63 | 1,863.90 | 1,524.82 |
| EPS | 41.83 | 48.24 | 58.32 | 77.37 | 63.3 |
| Price to earning | 59.42 | 63.97 | 46.11 | 46.85 | 50.66 |
| Price | 2,485.30 | 3,085.50 | 2,688.95 | 3,625.05 | 3,206.40 |
| RATIOS: | |||||
| Dividend Payout | 29.89% | 31.10% | 60.01% | 203.56% | 89.26% |
| OPM | 15.14% | 15.67% | 15.89% | 19.10% | 15.57% |
Over the last five years, Britannia Industries has shown consistent growth in terms of both revenue and profit. The company’s revenue has increased from INR 9,913.99 crores in March 2018 to INR 14,136.26 crores in March 2022, showing a steady percentage growth. The company’s net profit has also increased from INR 1,004.23 crores in March 2018 to INR 1,524.82 crores in March 2022, with a fluctuating but overall positive percentage growth. The company’s operating profit has also shown an upward trend, with a maximum of INR 2,509.29 crores in March 2021. The company’s dividend payout has been fluctuating but has remained in the range of 29.89% to 203.56% over the last five years. The company’s price to earnings ratio has also shown an overall upward trend. Britannia Industries has demonstrated consistent growth and profitability over the years, and with the company’s focus on innovation and expansion, it is well-positioned to continue this trend in the future.
Experts’ target for the share price of Britannia
Motilal Oswal on Britannia share price target
Motilal Oswal Financial Services neutral on Britannia Industries; target price: Rs 4600.
Mazhar Mohammad on Britannia share price target
Jefferies on Britannia share price target
With a target price of Rs 5,300 per share (up from Rs 5,200), Jefferies maintains its “buy” recommendation, indicating a possible 15% gain.
Phillip Capital on Britannia share price target
With a target price of Rs 5,600 (up from Rs 5400), Phillip Capital maintains its “buy” recommendation, indicating a potential gain of 21%. Due to the solid Q4 performance and positive outlook, the brokerage has increased its earnings per share projection for each of the fiscal years 24 and 25 by 4% to 5%.
InCred Equities on Britannia share price target
With a higher target price of Rs 4,700 per share, InCred Equities maintains its “hold” recommendation, indicating a possible gain of 1.6%.
Nirmal Bang on Britannia share price target
With a target price of Rs 5,565 crore per share and a continued “buy” rating, Nirmal Bang suggests a possible gain of 20.3%.
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FAQS
What is the target share price for Britannia n 2023?
It is difficult to predict exact target prices, but some analysts have estimated Britannia’s share price could reach between 5,000 INR to 6,000 INR in 2023.
What is the target share price for Britannia in 2025?
Analysts predict that Britannia’s share price could reach between 7,000 INR to 8,000 INR in 2025.
What is the target share price for Britannia in 2030?
Analysts have projected that Britannia’s share price could reach between 10,000 INR to 12,000 INR in 2030.
Can Britannia’s share price really reach 10,000 INR?
It is possible for Britannia’s share price to reach 10,000 INR, but it will depend on several factors, including the company’s financial performance and market conditions.
What are the factors that could impact Britannia’s share price?
Factors that could impact Britannia’s share price include the company’s financial performance, competition, consumer demand, government policies, and economic conditions.
Is investing in Britannia a good idea?
Investing in Britannia could be a good idea for those who believe in the company’s growth prospects and are willing to hold the stock for the long-term. However, investors should conduct their own research and consult with a financial advisor before making any investment decisions.
What are some of the risks associated with investing in Britannia?
Risks associated with investing in Britannia include the possibility of the company’s financial performance not meeting expectations, changes in consumer demand, increased competition, and economic downturns.
Should I invest in Britannia based on its share price targets?
Share price targets should not be the sole basis for making investment decisions. Investors should consider a variety of factors, including the company’s financial performance, industry trends, and risk profile before investing in any stock.
Conclusion
Finally, Britannia Industries has shown remarkable growth in terms of income, revenue, and profit over the last five years. Its PAT has also risen significantly during this time. It’s no surprise that investors are interested in Britannia’s future prospects, given its strong financial performance. While a target share price of 10,000 INR may appear lofty, it is not entirely out of reach given the company’s track record and growth potential. As a result, investing in Britannia shares may be a good long-term investment for long-term investors seeking a stable and growing company with strong financials.
Neelam is a talented writer and financial analyst, currently studying at Hansraj College. She is a regular contributor to Trickyfinance, where she covers a range of topics including price prediction, stock market news, and market analysis. Neelam’s passion for finance and economics led her to pursue a writing career in the financial industry, where she has gained valuable experience and insights into the workings of the market. In her free time, Neelam enjoys reading and conducting her own market analysis to stay up-to-date with the latest trends and developments in the industry.
