Britannia Industries Limited (BRITANNIA) - Net Assets

Latest as of September 2025: Rs37.59 Billion INR ≈ $406.55 Million USD

Based on the latest financial reports, Britannia Industries Limited (BRITANNIA) has net assets worth Rs37.59 Billion INR (≈ $406.55 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs94.50 Billion ≈ $1.02 Billion USD) and total liabilities (Rs56.91 Billion ≈ $615.42 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BRITANNIA cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs37.59 Billion
% of Total Assets	39.78%
Annual Growth Rate	12.13%
5-Year Change	22.25%
10-Year Change	147.28%
Growth Volatility	27.46

Britannia Industries Limited - Net Assets Trend (2005–2025)

This chart illustrates how Britannia Industries Limited's net assets have evolved over time, based on quarterly financial data. Also explore BRITANNIA asset base for the complete picture of this company's asset base.

Annual Net Assets for Britannia Industries Limited (2005–2025)

The table below shows the annual net assets of Britannia Industries Limited from 2005 to 2025. For live valuation and market cap data, see Britannia Industries Limited (BRITANNIA) total market value.

Year	Net Assets	Change
2025-03-31	Rs43.81 Billion ≈ $473.82 Million	+10.47%
2024-03-31	Rs39.66 Billion ≈ $428.91 Million	+11.26%
2023-03-31	Rs35.65 Billion ≈ $385.49 Million	+37.86%
2022-03-31	Rs25.86 Billion ≈ $279.62 Million	-27.86%
2021-03-31	Rs35.84 Billion ≈ $387.60 Million	-19.25%
2020-03-31	Rs44.38 Billion ≈ $480.00 Million	+3.56%
2019-03-31	Rs42.86 Billion ≈ $463.51 Million	+25.34%
2018-03-31	Rs34.19 Billion ≈ $369.79 Million	+26.69%
2017-03-31	Rs26.99 Billion ≈ $291.89 Million	+52.33%
2016-03-31	Rs17.72 Billion ≈ $191.61 Million	+42.02%
2015-03-31	Rs12.48 Billion ≈ $134.92 Million	+55.85%
2014-03-31	Rs8.00 Billion ≈ $86.57 Million	+42.91%
2013-03-31	Rs5.60 Billion ≈ $60.58 Million	+36.17%
2012-03-31	Rs4.11 Billion ≈ $44.49 Million	+25.37%
2011-03-31	Rs3.28 Billion ≈ $35.48 Million	+15.15%
2010-03-31	Rs2.85 Billion ≈ $30.82 Million	-60.70%
2009-03-31	Rs7.25 Billion ≈ $78.41 Million	+3.22%
2008-03-31	Rs7.02 Billion ≈ $75.96 Million	+20.63%
2007-03-31	Rs5.82 Billion ≈ $62.97 Million	+6.04%
2006-03-31	Rs5.49 Billion ≈ $59.38 Million	+23.80%
2005-03-31	Rs4.44 Billion ≈ $47.97 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Britannia Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 7972.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs40.36 Billion	92.67%
Common Stock	Rs240.90 Million	0.55%
Other Comprehensive Income	Rs502.10 Million	1.15%
Other Components	Rs2.45 Billion	5.62%
Total Equity	Rs43.56 Billion	100.00%

Britannia Industries Limited Competitors by Market Cap

The table below lists competitors of Britannia Industries Limited ranked by their market capitalization.

Company	Market Cap
Shanghai Electric Group Co Ltd SHG:601727	$14.92 Billion
EMS-CHEMIE HOLDING AG SW:EMSN	$14.92 Billion
HAL TR. UNITS F:HA4	$14.93 Billion
Watsco Inc NYSE:WSO	$14.97 Billion
MTN GROUP ADR/1 RC-0001 F:LL6A	$14.90 Billion
Hyundai Heavy Industries Holdings Co Ltd KO:267250	$14.87 Billion
Muthoot Finance Limited NSE:MUTHOOTFIN	$14.87 Billion
Hanwha Systems Co Ltd KO:272210	$14.86 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Britannia Industries Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 39,415,200,000 to 43,557,200,000, a change of 4,142,000,000 (10.5%).
Net income of 21,787,300,000 contributed positively to equity growth.
Dividend payments of 17,675,400,000 reduced retained earnings.
Other comprehensive income increased equity by 79,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs21.79 Billion	+50.02%
Dividends Paid	Rs17.68 Billion	-40.58%
Other Comprehensive Income	Rs79.00 Million	+0.18%
Other Changes	Rs-48.90 Million	-0.11%
Total Change	Rs-	10.51%

Book Value vs Market Value Analysis

This analysis compares Britannia Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 31.66x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 312.42x to 31.66x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs18.33	Rs5726.00	x
2006-03-31	Rs22.92	Rs5726.00	x
2007-03-31	Rs23.87	Rs5726.00	x
2008-03-31	Rs28.89	Rs5726.00	x
2009-03-31	Rs30.11	Rs5726.00	x
2010-03-31	Rs11.80	Rs5726.00	x
2011-03-31	Rs13.61	Rs5726.00	x
2012-03-31	Rs17.08	Rs5726.00	x
2013-03-31	Rs23.32	Rs5726.00	x
2014-03-31	Rs33.31	Rs5726.00	x
2015-03-31	Rs51.90	Rs5726.00	x
2016-03-31	Rs73.72	Rs5726.00	x
2017-03-31	Rs112.34	Rs5726.00	x
2018-03-31	Rs141.80	Rs5726.00	x
2019-03-31	Rs176.90	Rs5726.00	x
2020-03-31	Rs183.12	Rs5726.00	x
2021-03-31	Rs147.33	Rs5726.00	x
2022-03-31	Rs106.20	Rs5726.00	x
2023-03-31	Rs146.73	Rs5726.00	x
2024-03-31	Rs163.64	Rs5726.00	x
2025-03-31	Rs180.83	Rs5726.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Britannia Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 50.02%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 12.18%
• Asset Turnover: 2.02x
• Equity Multiplier: 2.03x
Recent ROE (50.02%) is above the historical average (40.62%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	33.54%	9.86%	2.00x	1.71x	Rs1.04 Billion
2006	26.67%	8.55%	1.98x	1.57x	Rs915.17 Million
2007	18.38%	4.64%	2.00x	1.98x	Rs479.33 Million
2008	25.50%	6.36%	2.02x	1.99x	Rs1.07 Billion
2009	21.00%	4.43%	2.29x	2.07x	Rs793.48 Million
2010	36.49%	2.74%	2.53x	5.27x	Rs749.00 Million
2011	41.16%	2.91%	2.81x	5.02x	Rs1.02 Billion
2012	48.77%	810.52%	0.04x	1.38x	Rs1.59 Billion
2013	46.52%	4.22%	3.26x	3.38x	Rs2.04 Billion
2014	49.54%	5.78%	3.25x	2.64x	Rs3.16 Billion
2015	55.31%	8.84%	2.79x	2.24x	Rs5.64 Billion
2016	46.60%	9.89%	2.41x	1.95x	Rs6.48 Billion
2017	32.80%	9.81%	2.19x	1.52x	Rs6.15 Billion
2018	29.48%	10.16%	1.91x	1.52x	Rs6.64 Billion
2019	27.25%	10.51%	1.77x	1.47x	Rs7.34 Billion
2020	31.86%	12.12%	1.48x	1.78x	Rs9.62 Billion
2021	52.54%	14.23%	1.64x	2.26x	Rs15.09 Billion
2022	59.61%	10.82%	1.88x	2.94x	Rs12.69 Billion
2023	65.69%	14.29%	1.74x	2.65x	Rs19.68 Billion
2024	54.29%	12.80%	1.84x	2.30x	Rs17.46 Billion
2025	50.02%	12.18%	2.02x	2.03x	Rs17.43 Billion

Industry Comparison

This section compares Britannia Industries Limited's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

Industry: Packaged Foods
Average net assets among peers: $15,559,807,778
Average return on equity (ROE) among peers: 10.81%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Britannia Industries Limited (BRITANNIA)	Rs37.59 Billion	33.54%	1.51x	$14.92 Billion
ADF Foods Limited (ADFFOODS)	$1.16 Billion	5.29%	0.51x	$313.83 Million
Ajooni Biotech Limited (AJOONI)	$121.65 Million	3.38%	0.50x	$7.82 Million
Agro Tech Foods Limited (ATFL)	$2.09 Billion	17.36%	0.34x	$365.36 Million
Avanti Feeds Limited (AVANTIFEED)	$23.77 Billion	11.72%	0.15x	$2.03 Billion
Adani Wilmar Limited (AWL)	$25.71 Billion	17.93%	3.58x	$2.75 Billion
Bombay Burmah Trading Corporation Limited (BBTC)	$67.93 Billion	0.93%	1.25x	$1.13 Billion
Mrs. Bectors Food Specialities Limited (BECTORFOOD)	$4.69 Billion	12.18%	0.54x	$650.88 Million
Bikaji Foods International Limited (BIKAJI)	$5.29 Billion	10.65%	0.28x	$1.83 Billion
CCL Products (India) Limited (CCL)	$9.28 Billion	17.87%	0.63x	$1.64 Billion

About Britannia Industries Limited

NSE:BRITANNIA India Packaged Foods

Market Cap

$14.92 Billion

Rs1.38 Trillion INR

Market Cap Rank

#1613 Global

#51 in India

Share Price

Rs5726.00

Change (1 day)

+0.30%

52-Week Range

Rs5302.50 - Rs6300.50

All Time High

Rs6446.05