Britannia Industries Ltd is a leading Indian food company that was founded in 1892. It started as a small biscuit factory in Kolkata and has now grown into a multi-billion dollar enterprise. Britannia is known for its wide range of products, including biscuits, bread, cakes, and dairy products. With a rich history spanning over a century, Britannia has become a household name in India and is recognized globally for its quality products.
Fundamentals of Britannia Industries
Here is the fundamentals of Britannia Industries
Market Cap: ₹ 1,11,258.27
As of 4/7/2023, Britannia Industries’s market cap was ₹ 1,11,258.27, indicating its overall size and value in the market.
PE Ratio: 55.78
PE Ratio: 55.78 as of 4/7/2023, indicating how much investors are willing to pay for each dollar of the company’s earnings.
EBITDA Margin (%): 14.97 %
Britannia Industries’s EBITDA margin was 14.97 %, indicating the company’s earnings before interest, taxes, depreciation, and amortization as a percentage of its revenue.
Revenue Growth 1-Year (%): 7.61 %
Over the past year, Britannia Industries’s revenue growth was 7.61 %, indicating its growth or decline in revenue over the last 12 months.
Net Profit Growth 1-Year (%): >-18.08 %
Over the past year, Britannia Industries’s net profit was -18.08 % as 1 Year net profit %, indicating its growth or decline in profits over the last 12 months.
Britannia Industries Share Price Target Prediction Using Fundamentals
Britannia Industries Ltd is a leading player in the Indian FMCG sector with a market cap of ₹ 1,11,258.27 crore. The company’s current price of Rs. 4,619.00 is trading at a high PE ratio of 55.78, indicating that the stock is overvalued. However, the company has a healthy EBITDA margin of 14.97%, which is a positive sign for investors.
The revenue growth of Britannia Industries Ltd in the last one year has been 7.61%, which is a decent growth rate. However, the net profit growth has been negative at -18.08%, which is a cause for concern. The company needs to focus on improving its profitability to sustain its growth in the long run.
Looking ahead, Britannia Industries Ltd is expected to continue its growth trajectory, driven by its strong brand presence, diversified product portfolio, and expanding distribution network. However, the company needs to address its profitability concerns to unlock its full potential and deliver sustainable growth in the future.
Britannia Industries Ltd: Technical Analysis (Long Term Targets)
Current Stock Price: ₹4,575
52-Week High and Low:
- High: ₹5,270
- Low: ₹3,555
Potential Bullish Targets
Initial Target: Using a conservative estimate, if we consider a 38.2% retracement from the 52-week high, the initial bullish target would be approximately ₹5,044.
Intermediate Target: Using a 61.8% retracement, the intermediate bullish target would be around ₹5,158.
Advanced Target: If the stock breaks past its 52-week high, the next potential resistance could be at ₹5,500, considering psychological resistance and potential round number effects.
Potential Bearish Targets:
Initial Target: Using a 38.2% retracement from the 52-week low, the initial bearish target would be approximately ₹4,082.
Intermediate Target: Using a 61.8% retracement, the intermediate bearish target would be around ₹3,958.
Advanced Target: If the stock breaks its 52-week low, it could potentially move towards the ₹3,300 level, considering past support zones.
Based on the historical price data of Britannia Industries Ltd’s stock, there are evident price markers that investors should be vigilant about. On the bullish side, breaking the resistance level of ₹5,270 could propel the stock towards the initial target of ₹5,044, with further potential to reach ₹5,158 and an advanced target of ₹5,500. On the bearish side, a decline below the support level of ₹3,555 might direct the stock towards the initial downward target of ₹4,082, with subsequent levels at ₹3,958 and a more pronounced decline to ₹3,300.
Britannia Industries Share Price Targets
After analyzing the fundamentals of Britannia Industries, Here are the share price targets the Britannia Industries company shown in the table below.
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2023 | 4949 | 5129 |
| 2024 | 5309 | 5489 |
| 2025 | 5669 | 5849 |
| 2026 | 6029 | 6209 |
| 2027 | 6389 | 6569 |
| 2028 | 6749 | 6929 |
| 2029 | 7109 | 7289 |
| 2030 | 7469 | 7649 |
Britannia Industries Share Price Target 2023
As per fundamental analysis and chart analysis which we did, we got few share prediction for
The target share price of Britannia Industries for the year 2023, the 1st target could be ₹4949 and 2nd target is around ₹5129
Britannia Industries Share Price Target 2024
The target share price of Britannia Industries for the year 2024, the 1st target could be ₹5309 and 2nd target is around ₹5489
Britannia Industries Share Price Target 2025
The target share price of Britannia Industries for the year 2025, the 1st target could be ₹5669 and 2nd target is around ₹5849
Britannia Industries Share Price Target 2026
The target share price of Britannia Industries for the year 2026, the 1st target could be ₹6029 and 2nd target is around ₹6209
Britannia Industries Share Price Target 2027 to 2030
The target share price of Britannia Industries for the years 2027, 2028, 2029, and 2030 will be ₹6389, ₹6749, ₹7109, and ₹7469 respectively.
