Balance sheet of Britannia Inds is strong.
But short term working capital might become an issue for this company.

The debt of Britannia Inds is decreasing.
Latest debt of Britannia Inds is ₹1,149 Crs as of Mar-24.
This is less than Mar-23 when it was ₹2,585 Crs.

The profit is oscillating.
The profit of Britannia Inds is ₹2,190 Crs for TTM, ₹2,140 Crs for Mar 2024 and ₹2,322 Crs for Mar 2023.

The company seems to pay a good stable dividend.
Britannia Inds latest dividend payout ratio is 82.75% and 3yr average dividend payout ratio is 82.24%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable