Case study

BRITANNIA

Britannia Industries Limited

Worth a closer look1y model +9.1%

Each stock's 10,000-path forecast, rendered as light.

63Score

Britannia Industries Limited (BRITANNIA) Stock Analysis & Case Study

Is BRITANNIA a good buy? The data-driven verdict.

Britannia Industries Limited (BRITANNIA) trades at ₹5,510,on the numbers it worth a closer look, a Downstox Snapshot Score of 63/100.

On the numbers, Britannia Industries Limited (BRITANNIA) worth a closer look, a Downstox Snapshot Score of 63/100, weighing expensive at 51.0× earnings, ROE of 53.5%, a 66% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

BRITANNIA fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹1.33L Cr
Current price
₹5,510
P/E ratio
51.0×
P/B ratio
25.99×
Book value
₹212
Dividend yield
1.64%
ROCE
56.0%
ROE
53.5%
Piotroski F-Score
6/8

How BRITANNIA ranks against the 2,373 companies in our screener

Is BRITANNIA overvalued? BRITANNIA P/E vs its FMCG

BRITANNIA's P/E of 51.0× sits above the FMCG peer median of 51.0×, so on earnings it screens in line with peers, while its 1.64% dividend yield is below the peer median of 1.90%.

BRITANNIA P/E
51.0×
Peer median P/E
51.0×
BRITANNIA div yield
1.64%
Peer median yield
1.90%

BRITANNIA share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of BRITANNIA history (13%/yr drift, 21%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
BRITANNIA 2027₹4,610₹6,012₹7,839+9%
BRITANNIA 2028₹4,496₹6,559₹9,569+19%
BRITANNIA 2029₹4,513₹7,157₹11,350+30%
BRITANNIA 2030₹4,596₹7,808₹13,265+42%
BRITANNIA 2031₹4,749₹8,519₹15,282+55%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability BRITANNIA goes up, or doubles?

66%
Higher in 1 year
Modelled chance the price is above today in 12 months
83%
Higher in 5 years
Modelled chance the price is above today in 5 years
29%
Doubles in 5 years
Modelled chance of reaching ₹11,020 within 5 years

The bull case for BRITANNIA

  • BRITANNIA's return on equity of 53.5% ranks in the top 2% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • BRITANNIA's return on capital employed of 56.0% ranks in the top 2% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A 10,000-path probability model puts a 66% chance the price is higher in a year, with a median target of ₹6,012 (+9%).
  • Relatively low volatility (21%/yr), a steadier ride than the typical mid/small-cap.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹11,350.

The bear case & risks

  • BRITANNIA's P/E of 51.0x is lower than 26% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A steep 26.0× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹4,513.

BRITANNIA volatility & expected range, how bumpy is the ride?

Over the last 9.8 years BRITANNIA compounded at 13%/year with annualized volatility of 21%. That volatility implies a 1-year 80% range of ₹4,610-₹7,839, the honest backbone behind any single price target.

BRITANNIA price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
9.1%
80% range₹4,610-₹7,839
P(price ↑)66%
P(price 2×)0%
3-Year Forecast
2029
₹0
Median (P50)
29.9%
80% range₹4,513-₹11,350
P(price ↑)76%
P(price 2×)12%
5-Year Forecast
2031
₹0
Median (P50)
54.6%
80% range₹4,749-₹15,282
P(price ↑)83%
P(price 2×)29%

BRITANNIA price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
BRITANNIA simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds BRITANNIA hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the BRITANNIA price target & forecast page.

BRITANNIA Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. BRITANNIA scores 6/8, mixed financial health.

BRITANNIA MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy BRITANNIA with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox23.00%4.3×
Zerodha22.60%4.4×
Groww22.56%4.4×
Dhan22.00%4.5×
Kotak NeoCHEAPEST20.00%5.0×
Paytm MoneyCHEAPEST20.00%5.0×
Pocketful26.50%3.8×
Fyers27.03%3.7×
Anand Rathi26.50%3.8×
Bajaj Broking23.00%4.3×
Share India26.50%3.8×

Compare every broker on the BRITANNIA MTF page.

BRITANNIA vs peers,FMCG comparison

StockP/EDiv yieldMarket cap
BRITANNIA (this stock)51.0×1.64%₹1.33L Cr
ITC18.2×5.07%₹3.58L Cr
HINDUNILVR44.7×1.96%₹4.92L Cr
NESTLEIND80.1×0.78%₹2.97L Cr
TATACONSUM64.9×0.92%₹1.07L Cr
DABUR36.7×2.01%₹72,732 Cr
GODREJCP51.8×1.90%₹1.07L Cr

Fundamentals from Screener.in, as of 9 Aug 2026

About Britannia Industries Limited: sector, index & market-cap context

Britannia Industries Limited (BRITANNIA) is a large-cap NSE-listed company in the FMCG sector, and a constituent of the Nifty 500 index, with a market capitalisation of ₹1.33L Cr. See more stocks on our screener.

How the BRITANNIA Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Britannia Industries Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

BRITANNIA analysis, FAQs

Is Britannia Industries Limited (BRITANNIA) a good buy?

On the numbers, Britannia Industries Limited (BRITANNIA) worth a closer look, a Downstox Snapshot Score of 63/100, weighing expensive at 51.0× earnings, ROE of 53.5%, a 66% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is BRITANNIA overvalued or undervalued?

BRITANNIA trades at 51.0× earnings versus a peer median of 51.0×, so it screens richer than its FMCG peers.

What is the BRITANNIA share price target for 2031?

BRITANNIA's probability-weighted 2031 median target is ₹8,519, with an 80% range of ₹4,749-₹15,282 (10,000-path Monte-Carlo).

What is the probability BRITANNIA doubles in 5 years?

The modelled probability of BRITANNIA reaching ₹11,020 (2×) within 5 years is 29%.

What is the bull case for BRITANNIA?

BRITANNIA's return on equity of 53.5% ranks in the top 2% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. BRITANNIA's return on capital employed of 56.0% ranks in the top 2% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A 10,000-path probability model puts a 66% chance the price is higher in a year, with a median target of ₹6,012 (+9%).

What are the risks in BRITANNIA?

BRITANNIA's P/E of 51.0x is lower than 26% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 26.0× price-to-book means most of the value is intangible/expectations, not assets on the books.

More on BRITANNIA