Brands
Britannia posts 16.5 per cent FY26 profit rise and declares Rs 90.5 dividend per share
Biscuit major delivers steady growth as e-commerce, innovation and margins rise
MUMBAI: Britannia Industries Limited has reported a 16.5 per cent rise in consolidated net profit to Rs 2,537.01 crore for FY26, up from Rs 2,177.86 crore a year earlier, alongside steady revenue growth and a generous final dividend payout for shareholders.
The board has recommended a final dividend of Rs 90.50 per equity share of face value Rs 1 each, subject to approval at the upcoming Annual General Meeting scheduled for 7 August 2026. The record date for the payout has been fixed as 31 July 2026.
For the full year ended 31 March 2026, the company’s consolidated revenue rose 7.5 per cent to Rs 18,858 crore, while total revenue from operations stood at Rs 19,151.59 crore. Earnings per share climbed to Rs 105.18, compared with Rs 90.45 in the previous fiscal.
Quarterly performance also remained firm despite some volatility. In Q4 FY26, consolidated sales increased 7.1 per cent to Rs 4,686 crore, while net profit rose 21.6 per cent year-on-year to Rs 680 crore.
Profit growth was supported by disciplined cost management and gains from tax reversals and fiscal incentives, including Rs 95.39 crore from tax provision reversals and Rs 45.72 crore in government-linked incentives. However, the company also absorbed a one-time Rs 48.56 crore cost linked to the implementation of new labour codes.
The biscuit and snacking major said growth was driven by strong performance across core brands and adjacent categories, alongside rising contribution from digital channels. E-commerce now accounts for around 6 per cent of the domestic business, supported by premium product launches and online-first offerings.
Flagship brands such as Little Hearts and Jim Jam delivered robust double-digit growth, while categories like croissants and wafers continued to gain traction. New launches including 50-50 Dipped and Doodh Marie Gold also saw strong consumer response.
Commenting on performance, Rakshit Hargave said, “The business witnessed a steady start to the quarter, with growth of around 9 per cent in the first two months before moderating in March, primarily due to supply disruptions in the international business following the West Asia conflict.”
He added that the company is focused on innovation and brand investment, saying, “We will continue to drive growth across core and adjacent categories through a robust pipeline of innovations, agile execution and higher investment in advertising and brands.”
On the operational front, total expenses for FY26 stood at Rs 16,056.75 crore, with material costs accounting for Rs 10,350.02 crore. Operating cash flow remained strong at Rs 2,611.60 crore, while cash and cash equivalents nearly doubled to Rs 220 crore.
The company’s balance sheet stayed stable with total assets of Rs 9,731.94 crore and net cash generation supporting future expansion.
In a separate development, Britannia Industries Limited announced changes in senior management. Rahul Mahajan has been elevated from national sales head, general trade, to vice president, sales, effective 1 April 2026.
Meanwhile, Chitwan Singh has been appointed as chief business officer, international business, effective 15 June 2026. The company said both appointments reflect its focus on strengthening leadership across domestic and global operations.
With steady demand, expanding digital presence and a refreshed leadership lineup, Britannia appears set to keep its growth recipe well balanced as it moves into the new fiscal year.
