Although Britannia Industries Ltd share price has fallen short of a good run with intraday trading, it is a good stock to hold for the longer term. For true investors, this stock has been increasing in price, although steadily, but has proved its mettle for long-term and serious investors. By March 2022, Britannia Industries Ltd was outperforming its 5-year average (38.28%), delivering an ROE of around 59%.
The market capitalization of Britannia Industries is Rs. 102235.34 crores.
The dividend yield of Britannia Industries is 1.33%.
The earnings per share (EPS) of Britannia Industries Ltd. is 75.41.
The price-to-book (P/B) ratio of Britannia Industries Ltd is 50.36.
The debt-to-equity (D/E) ratio of Britannia Industries Ltd is 0.75.
The return on equity (ROE) of Britannia Industries Ltd is 49.7%.
The return on assets (ROA) of Britannia Industries Ltd is 22.89 (March 2022).
The return on investment (ROI) of Britannia Industries Ltd is 34.39%.
The earnings of Britannia Industries Ltd are forecast to grow. However, this will not be significant. In terms of revenue vis-a-vis the market, the revenue of Britannia (9.9% per year) is estimated to grow at a slower pace than the Indian market (growing at 10.6% per year).
In the sector of food processing and fast-moving consumer goods, Britannia is not at the top. You could say its position is somewhere close to the top. Competitors include stocks like Nestle, Glaxo Smith Con and Tasty Bite, out of which only Nestle has a market capitalization higher than that of Britannia. However, the stocks of Britannia are lower than all three competitors. Still, the company is growing where domestic sales and the introduction of new products are concerned.
Britannia is a long-term investment stock. As the company is growing at a slow rate, the best way to earn returns is to buy the stock and hold on to it for a while.