Britannia Q1 FY26 Preview: Analysts Expect 8-13% Growth in Revenue and Profit
Britannia Industries is expected to report 8% revenue growth to Rs 4,610.90 crore and 13% net profit increase to Rs 569.00 crore for Q1 FY26. Growth drivers include 5-6% pricing increases and 3-5.5% volume expansion. However, EBITDA margins may compress from 18.2% to 17.7% due to elevated raw material costs. Brokerage firms have mixed views on the stock, with target prices ranging from Rs 5,030 to Rs 5,960.

*this image is generated using AI for illustrative purposes only.
Britannia Industries , a leading FMCG company in India, is set to announce its quarterly results for the period ending June 2025. Analysts are anticipating solid growth in both revenue and profit, driven by a combination of pricing increases and volume expansion.
Revenue and Profit Projections
According to Bloomberg estimates, Britannia is expected to report:
- Revenue growth of 8% to Rs 4,610.90 crore
- Net profit increase of 13% to Rs 569.00 crore
Growth Drivers
The projected growth is attributed to several factors:
- Pricing increases of 5-6%
- Volume expansion ranging from 3% to 5.5%
- Biscuit volume growth of 3%
- Implementation of grammage cuts
Margin Pressure
Despite the positive revenue and profit outlook, analysts anticipate some pressure on margins:
- EBITDA margins are expected to compress from 18.2% to 17.7%
- The compression is primarily due to elevated raw material costs
- Gross margins are likely to contract as a result of commodity price inflation
Brokerage Perspectives
Brokerage firms have mixed views on Britannia's stock:
Brokerage | Rating | Target Price (Rs) |
---|---|---|
JM Financial | Buy | 5,960.00 |
Jefferies | Hold | 5,768.90 |
HSBC | Reduce | 5,030.00 |
Key Takeaways
As Britannia Industries prepares to release its Q1 FY26 results, investors and analysts will be closely watching several key aspects:
- The impact of pricing strategies on overall revenue growth
- The effectiveness of volume growth initiatives, particularly in the biscuit segment
- The company's ability to manage margin pressures amidst rising input costs
- Any guidance or outlook provided by the management for the remainder of the fiscal year
While the overall sentiment appears positive with expected growth in both top and bottom lines, the divergent views from brokerage houses suggest that investors should carefully consider the company's performance and future prospects before making investment decisions.
Historical Stock Returns for Britannia Industries
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-4.13% | -5.99% | -8.18% | +9.01% | -7.72% | +40.05% |