Britannia Industries Q4FY22 & Year Ended result : Sales grew 15% but PAT fall 18.6% to ₹1524 Cr in FY22-21

Britannia Consolidated Sales and Operating Profits for the Quarter grew 15% and 10% respectively Net profit margin (%) stood at 10.49% in Q4FY22, 10.17% in Q3FY22 and 11.27% in Q4FY21. For FY22 it is 10.56% and in FY21 NIM was 13.76%.

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Britannia Industries Limited (BIL) is one of India’s leading FMCG companies. Britannia’s product portfolio includes Biscuits Bread Cakes Rusk and Dairy products including Cheese Beverages Milk and Yoghurt. Its brand portfolio includes Tiger Marie Gold Good Day 50:50 Treat NutriChoice and Milk Bikis. BIL has a presence in more than 60 countries across the globe.

BIL’s international footprint includes presence in Middle East through local manufacturing in UAE and Oman. It is also the market leader in Nepal. Britannia Industries is one of India’s leading food companies with a 100 year legacy and annual revenues in excess of ₹9000 Cr. The company has posted its Q4FY22 and year ended financial results today, the details are as below :

(I) Audited Consolidated Financial Results for Quarter Ended (YoY comparison):

The company has reported, a consolidated Total Income of ₹3,604.28 crore in the quarter ended on March 31, 2022 as against ₹3,193.94 crore in the corresponding quarter ended last year on Mar 31, 2021, increased by 12.85%.

The company has posted a consolidated Net Profit of ₹379.87 crore in the quarter ended on March 31, 2022 as against ₹364.32 crore in the corresponding quarter ended in last year on Mar 31, 2021. The PAT surges up by 4.27%.

The status of the EPS of the company stood at ₹15.77 as on March 31, 2022 compared to the previous quarter ended on Mar 31, 2021 which was ₹15.12, up by 4.30%.

₹*Mar 31, 2022 (Q4FY22)Dec 31, 21 (Q3FY22)Mar 31, 21 (Q4)
Total Income3,604.283630.113,193.94
Total Expenses3,085.453,123.022,701.87
PBT /(Loss)518.91505.40492.65
Total Tax /(credit)140.96136.22132.58
PAT /(Loss) [to the owners]379.87371.18364.32
*figures are in Crores

(II) Audited Consolidated Financial Result details for the Year Ended :

The company has reported, a consolidated Total Income of ₹14,359.09 crore in the financial year ended on March 31, 2022 as against ₹13,449.01 crore for the financial year ended on Mar 31, 2021, increased by 6.77%.

The company has posted a consolidated Net Profit of ₹1,524.82 crore in the financial year ended on March 31, 2022 as against ₹1,863.90 crore for the financial year ended on March 31, 2021. The PAT surges down by 18.69%.

The status of the EPS of the company stood at ₹63.31 as on March 31, 2022 compared to the previous year ended on March 31, 2021 which was ₹77.40, down by 18.20%.

₹*Mar 31, 2022 (FY22)Mar 31, 2021 (FY21)
Total Income14,359.0913,449.01
Total Expenses12279.5810935.60
PBT /(Loss)2078.332513.41
Total Tax /(credit)562.35663.02
PAT /(Loss)1,524.821,863.90
*figures are in Crores

Britannia Industries Ltd Board recommends final dividend – Check out the details here.

Market Times

(III) Key Highlights about the Performance :

  • Britannia Consolidated Sales and Operating Profits for the Quarter grew 15% and 10% respectively
  • Net profit margin (%) stood at 10.49% in Q4FY22, 10.17% in Q3FY22 and 11.27% in Q4FY21. For FY22 it is 10.56% and in FY21 NIM was 13.76%.
  • Total debt to total assets stood at 0.33% in Q4FY22, 0.35% in Q3FY22 and 0.26% in Q4FY21.

Shares of Britannia Industries Ltd was last traded in BSE at ₹3272.65 as compared to the previous close of ₹3283.20. The total number of shares traded during the day was 13083 in over 2248 trades.

The stock last hit in BSE,

  • Intraday High of ₹ 3284.70
  • Intraday low of ₹ 3203.70