|
06 Oct 2025 |
Britannia Industries
|
Consensus Share Price Target
|
5968.00 |
6029.14 |
- |
1.02 |
buy
|
|
|
|
|
05 Aug 2022
|
Britannia Industries
|
Axis Direct
|
5968.00
|
3950.00
|
3688.10
(61.82%)
|
Target met |
Hold
|
|
|
We retain our HOLD rating due to the limited upside and value of the company with a revised TP of Rs 3,950 (45x FY24 EPS) vs 3,650 (43x FY24E EPS)
|
|
05 Aug 2022
|
Britannia Industries
|
ICICI Securities Limited
|
5968.00
|
3650.00
|
3775.05
(58.09%)
|
Target met |
Hold
|
|
|
Britannia’s performance, though weaker-than-expected (volume decline of 2% YoY), was still decent (3-year volume CAGR of +6%). Concerns on inflationary raw material further increase (despite some softening recently given BRIT still has room to cover).
|
|
19 May 2022
|
Britannia Industries
|
Geojit BNP Paribas
|
5968.00
|
3890.00
|
3450.25
(72.97%)
|
Target met |
Buy
|
|
|
|
|
05 May 2022
|
Britannia Industries
|
Arihant Capital
|
5968.00
|
3671.00
|
3259.85
(83.08%)
|
Target met |
Hold
|
|
|
|
|
05 May 2022
|
Britannia Industries
|
IDBI Capital
|
5968.00
|
3970.00
|
3259.85
(83.08%)
|
Target met |
Buy
|
|
|
|
|
05 May 2022
|
Britannia Industries
|
Axis Direct
|
5968.00
|
3650.00
|
3277.00
(82.12%)
|
Target met |
Hold
|
|
|
We tweak our FY22-24E to factor in the impact of RM headinds. Retain HOLD with revised TP of Rs. 3,650 (earlier Rs. 3,700) valuing BRIT at 43x PE its FY24E EPS.
|
|
04 May 2022
|
Britannia Industries
|
Prabhudas Lilladhar
|
5968.00
|
3770.00
|
3277.00
(82.12%)
|
Target met |
Buy
|
|
|
|
|
04 May 2022
|
Britannia Industries
|
Motilal Oswal
|
5968.00
|
3900.00
|
3277.00
(82.12%)
|
Target met |
Buy
|
|
|
|
|
04 May 2022
|
Britannia Industries
|
SMC online
|
5968.00
|
|
3277.00
(82.12%)
|
|
Results Update
|
|
|
|
|
03 Feb 2022
|
Britannia Industries
|
Geojit BNP Paribas
|
5968.00
|
4280.00
|
3562.00
(67.55%)
|
Target met |
Buy
|
|
|
Brand power, increasing demand in urban and rural market with pickup in economic activities and wide distribution network will drive topline growth in future. The company plans price hikes in some products and reduction in grammage in other products to offset input cost inflation. With promising outlook, we upgrade our rating on the...
|