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Balance sheet of Britannia Inds is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Britannia Inds is increasing.
Latest debt of Britannia Inds is ₹2,481 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹1,149 Crs.
No, profit is decreasing.
The profit of Britannia Inds is ₹2,138 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