
Britannia Industries Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
Britannia Industries share price Rs 4,836.90 (9 October 2026). Base target Rs 5,177, bull Rs 6,281, downside risk Rs 3,806. PE 43.9. 52W range Rs 4,734.10 to Rs 6,271.00.
Updated: 9 Oct 2026 • 5:07 pm
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Quick Answer
The Britannia Industries share price target for 2027 is Rs 5,177, about 7.0% above the current price of Rs 4,836.90. The bull case is Rs 6,281, and the downside risk level, which is not a target, is Rs 3,806. The base case assumes earnings per share grow 8.8% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 43.9. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a Britannia Industries target price for 2027 should start with where the stock sits today. At Rs 4,836.90 on 9 October 2026, it is 22.9% below its 52-week high of Rs 6,271.00 and 2.2% above its 52-week low of Rs 4,734.10. That range spans 32% from low to high, so the entry point matters as much as the Britannia Industries price forecast itself.
This article builds the Britannia Industries share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 5,177 base case and the Rs 6,281 bull case were reached, along with a downside risk level of Rs 3,806.
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Britannia Industries Stock Analysis: Company Overview and Key Stats
Britannia Industries (NSE: BRITANNIA) has a market capitalisation of Rs 1,14,604 crore. In FY26 it reported revenue of Rs 19,376 crore and net profit of Rs 2,537 crore. The table collects the figures the Britannia Industries share price target is built on.
| Metric | Value |
|---|---|
| Company | Britannia Industries |
| NSE Ticker | BRITANNIA |
| CMP (9 October 2026) | Rs 4,836.90 |
| 52-Week High | Rs 6,271.00 |
| 52-Week Low | Rs 4,734.10 |
| Market Cap | Rs 1,14,604 crore |
| PE Ratio (TTM) | 43.90 |
| Industry PE | 34.85 |
| Price to Book | 22.44 |
| Return on Equity | 49.61% |
| Debt to Equity | 0.27 |
| EPS (TTM) | Rs 108.37 |
| Dividend Yield | 1.90% |
| 12-Month Base Target | Rs 5,177 |
| Bull Case | Rs 6,281 |
| Downside Risk Level (not a target) | Rs 3,806 |
Why Is Britannia Industries Share Price Target Set at Rs 5,177 for 2027?
The base-case Britannia Industries stock target of Rs 5,177 applies a PE multiple of 43.90 to a forward EPS estimate of Rs 117.92. That EPS assumes 8.8% yearly growth, the pace from FY24 to FY26, and puts the target 7.0% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the Britannia Industries Target Price: Five Years of Results
Britannia Industries grew revenue from Rs 14,359 crore in FY22 to Rs 19,376 crore in FY26, a compound annual growth rate of 7.8%. Net profit grew faster, from Rs 1,516 crore to Rs 2,537 crore (13.7% a year), which shows margin gains did part of the work and not just higher sales.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 14,359.09 | 1,515.98 | 63.31 | 56.50 |
| FY23 | 16,516.41 | 2,316.32 | 96.39 | 72.00 |
| FY24 | 16,983.45 | 2,134.22 | 88.84 | 73.50 |
| FY25 | 18,169.76 | 2,177.86 | 90.45 | 75.00 |
| FY26 | 19,375.62 | 2,537.01 | 105.18 | 90.50 |
FY26 revenue growth was 6.6%, close to the four-year average of 7.8%, and net profit moved up 16.5%. EPS rose from Rs 88.84 in FY24 to Rs 105.18 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Britannia Industries converted 13.1% of FY26 revenue into net profit, against 12.0% in FY25, within a five-year range of 10.6% to 14.0%. EBITDA margin was 19.3% in FY26 versus 18.6% in FY25.
In the June 2026 quarter, revenue was Rs 5,061 crore, up 8.2% from the same quarter a year earlier, while net profit of Rs 593.38 crore was up 14.1%. EBITDA came in at Rs 901.52 crore, up 10.7% year on year. The next quarterly result is the first test of whether the earnings assumption holds.
Balance Sheet and Cash Flow
Debt to equity stands at 0.27, and shareholders' equity grew from Rs 2,586 crore in FY22 to Rs 5,136 crore in FY26. Operating cash flow in FY26 was Rs 2,612 crore against capital expenditure of Rs 205.57 crore, leaving free cash flow of Rs 2,406 crore, or 2.1% of the current market capitalisation. In FY25 free cash flow was Rs 2,116 crore.
Valuation Check for the Britannia Industries Stock Target: PE, Price to Book and ROE
At a PE of 43.90 against an industry PE of 34.85, Britannia Industries trades at a premium to its industry. Price to book is 22.44 on a book value of Rs 212.01 per share, and return on equity is 49.61%. A PE of 43.90 equals an earnings yield of 2.3%, and the FY26 dividend of Rs 90.50 per share gives a yield of 1.90%.
Shareholding Pattern and Institutional Holding
Promoters held 50.55% of Britannia Industries in June 2026, and promoter holding has stayed near 50.55% since June 2025. Foreign institutional investors (FII) held 13.40% and domestic institutions (DII) held 20.93%, which puts total institutional holding at 34.33%. FII holding fell from 15.58% in June 2025 to 13.40% in June 2026. Public shareholders own the remaining 15.13%. A meaningful institutional holding adds a layer of research coverage and trading depth.
Britannia Industries Share Price Targets for the Short Term and 12 Months
Short Term Britannia Industries Stock Target Levels: Technical Setup
At Rs 4,836.90 on 9 October 2026, Britannia Industries trades below its 50-day simple moving average of Rs 5,186.59 and below its 200-day exponential moving average of Rs 5,408.48. The 14-day RSI reads 38.9, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 5,186.59 (50-day simple moving average) and the nearest support is Rs 4,734.10 (52-week low). A sustained move above Rs 5,186.59 would improve the short-term setup, while a close below Rs 4,734.10 would shift attention to the next support.
12 Month Britannia Industries Target Price for 2027
The 12-month target for Britannia Industries is Rs 5,177: forward EPS of Rs 117.92 at a PE of 43.90. That is 7.0% above Rs 4,836.90. It would still leave the stock 17.4% below its 52-week high of Rs 6,271.00.
How EPS Growth and PE Multiple Change the Britannia Industries Target Price
| EPS Growth | PE 35.12 | PE 43.90 | PE 50.48 |
|---|---|---|---|
| 0.0% (EPS Rs 108.37) | Rs 3,806 | Rs 4,757 | Rs 5,471 |
| 8.8% (EPS Rs 117.92) | Rs 4,141 | Rs 5,177 | Rs 5,953 |
| 14.8% (EPS Rs 124.42) | Rs 4,370 | Rs 5,462 | Rs 6,281 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Britannia Industries price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Britannia Industries Stock Target in 2027
Bull Case Rs 6,281
The bull case Britannia Industries price target needs EPS growth of 14.8%, which lifts forward EPS to Rs 124.42, and a PE multiple that rises 15% to 50.48. That gives Rs 6,281, 29.9% above the current price and above the 52-week high of Rs 6,271.00, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 3,806
The downside risk level is not a target. It assumes EPS stays flat at Rs 108.37 and the PE falls 20% to 35.12. That gives Rs 3,806, 21.3% below the current price and below the 52-week low of Rs 4,734.10.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 14.8% | 50.48 | Rs 6,281 | +29.9% |
| Base Case | 8.8% | 43.90 | Rs 5,177 | +7.0% |
| Downside Risk | 0.0% | 35.12 | Rs 3,806 | -21.3% |
Key Risks to the Britannia Industries Target Price for 2027
Growth Slowdown Risk for the Britannia Industries Price Target
Revenue in the June 2026 quarter was up 8.2% year on year, and FY26 revenue growth was 6.6%. If growth slows from here, the EPS estimate behind the Britannia Industries stock target will need revising.
Liquidity and Size Risk
Britannia Industries has a market capitalisation of Rs 1,14,604 crore. Institutional holding is 34.33%, and promoters hold 50.55%. A company of this size trades with deep liquidity, so entry and exit are rarely a problem, and the larger risk is paying too much for slow earnings growth.
Valuation and Margin Risk
Net margin was 13.1% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 43.90 versus an industry PE of 34.85, a de-rating toward the downside-risk PE of 35.12 would cut the price even if earnings hold.
Market and Technical Risk
The stock trades 22.9% below its 52-week high, with an RSI of 38.9 and a MACD reading above its signal line. Broader market weakness can override company fundamentals in the short term.
How to Invest in Britannia Industries
Start with the live price and volume. Any Britannia Industries share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 4,836.90 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Britannia Industries' PE, ROE, debt and shareholding in one place.
Check Britannia Industries fundamentals on the Univest Screener
Then compare the three Britannia Industries target price scenarios with your own view. If you expect EPS growth below 8.8%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track Britannia Industries live price and get daily stock recommendations.
Conclusion
The Britannia Industries share price target for 2027 is Rs 5,177 in the base case, with Rs 6,281 as the bull case. The support for that view is arithmetic you can check: EPS grew 8.8% a year over FY24 to FY26, and the stock trades at a PE of 43.90. The risks are equally concrete, including a stock that sits 22.9% below its 52-week high and a downside scenario that cuts the price 21% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Britannia Industries Share Price Target 2027
What is the Britannia Industries share price target for 2027?
Ans. The base-case Britannia Industries share price target for 2027 is Rs 5,177, with Rs 6,281 as the bull case. The downside risk level, which is not a target, is Rs 3,806. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.
What is the Britannia Industries share price today?
Ans. As of 9 October 2026, 12:52 PM IST, Britannia Industries trades at Rs 4,836.90, up 1.92% on the day. The 52-week range is Rs 4,734.10 to Rs 6,271.00.
Is Britannia Industries a buy or sell at the current price?
Ans. The data is mixed rather than one-sided: EPS has grown 8.8% a year over FY24 to FY26, but the stock is 22.9% below its 52-week high. Whether Britannia Industries fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.
What are the bull case target and downside risk level for Britannia Industries shares?
Ans. The bull case target is Rs 6,281, which assumes 14.8% EPS growth and a PE of 50.48. The downside risk level is Rs 3,806, which assumes flat EPS and a PE of 35.12. It marks a risk, not a target.
What are the main risks to the Britannia Industries price target?
Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 1,14,604 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.
What is the PE ratio of Britannia Industries and how does it compare with the industry?
Ans. The PE ratio of Britannia Industries is 43.90 against an industry PE of 34.85. Price to book is 22.44 and return on equity is 49.61%. The base case in the Britannia Industries price target holds this PE constant.
Who owns Britannia Industries, and what is the promoter holding?
Ans. Promoters held 50.55% of Britannia Industries in June 2026. FII held 13.40%, DII held 20.93% and the public held 15.13%.
What were Britannia Industries' latest quarterly results?
Ans. In the June 2026 quarter, Britannia Industries reported revenue of Rs 5,061 crore (up 8.2% year on year) and net profit of Rs 593.38 crore (up 14.1%).
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