Analysts have made a modest upward revision to their fair value estimate for Britannia Industries from ₹6,472.51 to ₹6,492.00, reflecting fine tuned assumptions around long term growth, profitability, and valuation multiples.
What's in the News
- Managing director and CEO Varun Berry has resigned after a 13 year tenure at Britannia, marking a major leadership transition for the company (Key Developments).
- Recently appointed chief Rakshit Hargave will assume the combined role of managing director and CEO for a five year term starting December 15, 2025, subject to completion of formalities (Key Developments).
- Insider and current CFO Natarajan Venkataraman has been named interim CEO to ensure continuity during the transition period (Key Developments).
- Britannia has scheduled a board meeting on November 5, 2025 to review unaudited financial results for the quarter and half year ended September 30, 2025 and to consider other business matters (Key Developments).
Valuation Changes
- The fair value estimate has risen slightly from ₹6,472.51 to ₹6,492.00, reflecting marginally more optimistic long term assumptions.
- The discount rate is unchanged at 12.758 percent, indicating a stable view of Britannia Industries’ risk profile.
- Revenue growth has edged down slightly from 11.39 percent to 11.35 percent, suggesting a modestly more conservative growth outlook.
- Net profit margin is unchanged at 13.17 percent (rounded), implying essentially stable profitability expectations.
- The future P/E has increased slightly from 66.38x to 66.66x, indicating a marginally higher valuation multiple applied to projected earnings.
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