Britannia Inds. (BRITANNIA)

FairStock Score: 62/100 — STEADY

Score breakdown: P/E: 0/3 · ROCE: 2/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Whenever I look at Britannia, I see a wonderful business carrying a demanding price. The numbers tell me it earns extraordinary returns on capital: ROE 55.45%, ROCE 52.99%, with debt/equity just 0.27. It generates ₹2,568 Cr of free cash flow, has a Piotroski F-Score of 8/9 and an Altman Z-Score of 13.73, so financial strength is not the issue. Promoter holding of 50.55% and a 1.63% dividend yield are comforting, though not a bargain signal. Growth is steady: sales up 10.94%, profit up 19.09%, and a 5-year revenue CAGR of 9.12%. Latest quarter sales ₹4,970 Cr and net profit ₹682 Cr. This looks like a stalwart, with those returns suggesting a durable competitive advantage, though the numbers alone cannot prove the moat. The trouble is price. At ₹5,558, P/E 51.28, P/B 26.22, EV/EBITDA 62.40 and PEG 11.88, Mr. Market is paying handsomely for that steady growth. Graham Number ₹638.70 and DCF intrinsic value ₹3,229.07 are far below market; margin of safety is -839.80%. I require a discount, not a premium, to intrinsic value. FairStock Score 62/100 'STEADY' suggests quality, but not enough to override valuation. 52W range ₹4,736-₹6,271 shows volatility. If I owned it, I'd hold for business quality; if buying, I'd wait for a much lower price or faster profit growth. A great company is not always a great investment at any price.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer