Britannia Industries Ltd · NSE:BRITANNIA
Britannia Industries — Q2 FY2025-26 Earnings Presentation
19 slides from Britannia Industries's earnings presentation, Nov 7, 2025
Slide 1: Exchange intimation letter for analyst call presentation
Date: 7th November, 2025 To, The Corporate Relations Department, The Listing Department, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Bandra-Kurla Complex, Dalal Street, Fort, Mumbai - 400 001 Bandra (East), Mumbai – 400 051 Scrip co
Slide 2: Analyst Meet / Q2'25-26 Results / Conference Call
Analyst Meet/ Q2’25-26 Results/ Conference Call
Slide 3: Disclaimer / Safe Harbor Statement
Disclaimer / Safe Harbor Statement This presentation may contain statements which reflect w w w . b r i t a n n i a . c o . i n Management’s current views and estimates and could be construed as forward-looking statements. The future involves risks and uncertainties that could cause actual results t
Slide 4: Agenda
Business Overview w w w . b r i t a n n i a . c o . i n Driving Strategic Priorities Agenda Cost & Profitability Outlook Financial Results 3
Slide 5: Business Overview
BRITANNIA Business Overview
Slide 6: Performance Scorecard – Q2'26
Performance Scorecard – Q2’26 Revenue from Operations Q2’26 12 Months 24 Months Growth Growth w w w . b r i t a n n i a . c o . i n Rs 4,752 Crore +4.1% +8.7% Profit after Tax* Q2’26 12 Months 24 Months Growth Growth 13.8% of Revenue +23.1% +11.4% 5 Source: Company Financials – Consolidated Results
Slide 7: GST Rate Rationalization
GST Rate Rationalization ▪ ~85% of Business underwent change in GST Rates wef 22nd September 2025 w w w . b r i t a n n i a . c o . i n ▪ Short term headwinds on Business seen in September due to de-stocking by Distributors, Channel partners; delayed buying by consumers ▪ Transitionary impact expect
Slide 8: Market Share - Biscuits
Market Share - Biscuits Britannia Largest Competitor 2nd Largest Competitor 20 32.0 Biscuit Market Share % 18 27.0 16 w w w . b r i t a n n i a . c o . i n 14 22.0 12 17.0 10 12.0 8 YTD'26 2022-23 2023-24 2024-25 ▪ Sustained healthy gap versus Organized National players over last 3 years ▪ Marginal
Slide 9: Commodity Price Trend
Commodity Price Trend Flour 1.2x Refined Palm Oil Sugar Vs Q1’26 : +2% Vs Q1’26 : -9% Vs Q1’26 : +1% 1.1x Vs Q2’25 : +6% Vs Q2’25 : +29% 1.2x Vs Q2’25 : +3% w w w . b r i t a n n i a . c o . i n Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q1'26 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'
Slide 10: Driving Strategic Priorities
Driving Strategic Priorities 01 Efficiencies in Sales & Distribution 03 Driving Innovation & Adjacencies 05 Sustainability 02 Elevate Brand Experiences 04 Cost Efficiency across value chain
Slide 11: Consumer Campaigns for Core & Innovation Products
02 w w w . b r i t a n n i a . c o . i n Consumer Campaigns for Core & Innovation Products NutriChoice 100% Millet Cookies GD Chunkies Range Tiger ‘Doodh’ Glucose Golmaal X Ravi Shastri 10 Pure Magic Range
Slide 12: Adjacency Businesses
03 Adjacency Businesses ▪ Croissant & Rusk – Delivered competitive double-digit growth during the quarter – driven by the strong momentum in E-commerce Channel w w w . b r i t a n n i a . c o . i n ▪ Wafers – 5th consecutive quarter of healthy double-digit growth; augmented additional capacity in No
Slide 13: ESG – Building a sustainable, profitable business
05 ESG – Building a sustainable, profitable business Progress on ESG KPIs – over Q4’25 w w w . b r i t a n n i a . c o . i n 13% increase in Renewable Electricity share Recognition Recognized with Golden Peacock 3.4% reduction in specific water consumption Award for the second consecutive year 1% in
Slide 14: Cost & Profitability Outlook
Cost & Profitability Outlook
Slide 15: Medium Term Business Outlook
MEDIUM TERM BUSINESS OUTLOOK Drive healthy volume-led growth through w w w . b r i t a n n i a . c o . i n region-consumer centric products, distribution, and price competitiveness Invest behind key core Brands through Product Restage, Media and Consumer awareness interventions to strengthen our lea
Slide 16: Financial Results
BRITANNIA Financial Results
Slide 17: Consolidated Sales – Revenue trends
Revenue trends 12-month Growth% 9% 1% 2% 3% 4% 4% 6% 9% 10% 4% 24-month Growth% 18% 23% 19% 14% 13% 5% 9% 12% 14% 9% FY 22-23 (15%) FY 23-24 (4%) FY 24-25 (6%) H1’26 (7%) w w w . b r i t a n n i a . c o . i n 4,752 Consolidated Sales 4,566 4,535 4,463 4,338 4,370 4,376 Rs Crs. 4,192 4,130 4,101 3,97
Slide 18: Key Financial Lines – Consolidated (Reported)
Key Financial Lines – Consolidated (Reported) Q2 25-26 Particulars Rs Crs Vs Q2 24-25 Net Sales 4,752 4.1% w w w . b r i t a n n i a . c o . i n Operating Profit 869 22.9% Profit Before Tax 884 23.6% Profit After Tax (Owner’s Share) 654 23.1% Particulars 16-17 17-18 18-19 19-20 20-21 21-22 22-23 23-
Slide 19: Thank You!
BRITANNIA Thank You!
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