Analysts Are Updating Their Britannia Industries Limited (NSE:BRITANNIA) Estimates After Its Full-Year Results
As you might know, Britannia Industries Limited (NSE:BRITANNIA) recently reported its yearly numbers. It was a credible result overall, with revenues of ₹168b and statutory earnings per share of ₹88.84 both in line with analyst estimates, showing that Britannia Industries is executing in line with expectations. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
View our latest analysis for Britannia Industries
Taking into account the latest results, the consensus forecast from Britannia Industries' 31 analysts is for revenues of ₹183.2b in 2025. This reflects a meaningful 9.3% improvement in revenue compared to the last 12 months. Per-share earnings are expected to climb 15% to ₹102. In the lead-up to this report, the analysts had been modelling revenues of ₹185.1b and earnings per share (EPS) of ₹100 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
It will come as no surprise then, to learn that the consensus price target is largely unchanged at ₹5,291. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic Britannia Industries analyst has a price target of ₹6,000 per share, while the most pessimistic values it at ₹4,500. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We can infer from the latest estimates that forecasts expect a continuation of Britannia Industries'historical trends, as the 9.3% annualised revenue growth to the end of 2025 is roughly in line with the 9.3% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 10% per year. So although Britannia Industries is expected to maintain its revenue growth rate, it's only growing at about the rate of the wider industry.
The Bottom Line
The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. The consensus price target held steady at ₹5,291, with the latest estimates not enough to have an impact on their price targets.
With that in mind, we wouldn't be too quick to come to a conclusion on Britannia Industries. Long-term earnings power is much more important than next year's profits. We have forecasts for Britannia Industries going out to 2027, and you can see them free on our platform here.
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Britannia Industries that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NSEI:BRITANNIA
Britannia Industries
Manufactures and sells various food products in India and internationally.
Adequate balance sheet average dividend payer.