Britannia Industries Limited — PPTs, 07-11-2025: Investor Presentation

Britannia reported a strong Q2'26. Revenue from operations reached Rs 4,752 Cr (+4.1% YoY), while Profit After Tax (owner's share) surged 23.1% YoY to Rs 654 Cr, representing 13.8% of revenue. Operating Profit also significantly increased by 22.9% YoY to Rs 869 Cr. The company maintained its leading position in the biscuit market, though it noted marginal share loss to regional players. Strategic covers helped manage input costs amidst fluctuating commodity prices.

Key strategic focus areas include driving volume-led growth through region-consumer centric products, optimizing distribution, and enhancing brand experiences. The company is also emphasizing innovation and expansion in adjacency businesses and improving cost efficiency across its value chain.

Adjacency businesses like Croissant, Rusk, and Wafers achieved competitive double-digit growth, with Wafers augmenting additional capacity in North India. International business, particularly Africa, continued strong growth. A recent GST rate rationalization led to short-term de-stocking headwinds in September, which are expected to normalize in the current quarter.

For Q2'26, Net Sales: Rs 4,752 Cr (+4.1% YoY). Operating Profit: Rs 869 Cr (+22.9% YoY). Profit After Tax (owner's share): Rs 654 Cr (+23.1% YoY).

Management aims for healthy volume-led growth and sustained margins through ongoing cost-saving initiatives. They plan investments in core brands and expect the temporary GST impact to normalize, assuming commodity prices remain stable.