If you are looking for Britannia Industries Ltd’s share price target for 2022, 2023, 2024, 2025, and 2030 then you are lucky this is the article about it.
If you read the full article then you will get all the futures prediction of Britannia Industries Ltd with a detailed analysis.
Britannia industries ltd. is an Indian company that deals in the sector of food and beverage. It is India’s oldest existing company in the sector of biscuit production. They sell their biscuit with the brand name of Britannia and tiger. The present chairman of Britannia Industries is Varun Berry and its headquartered in Bengaluru, India.
Britannia Industries Ltd Quarterly Report Analysis
As the company’s annual report is given above in the June quarter of the financial year 2021, the company made net sales of Rs.3,236.17 Cr. in which they made a profit of about Rs.465.88 Cr. after paying all the taxes to government bodies. In the September quarter of 2021, the company made sales of around Rs.3,425.30 Cr. in which they made a profit of about Rs.367.31 Cr. after paying all the essential taxes.
In the December quarter of 2021, the company made sales of around Rs.3,373.70 Cr. By which they made a profit of about Rs.356.57 Cr. after paying all the taxes. In the March quarter of 2022, the company made sales of around Rs.3,336.45 Cr. In which they made a profit of about Rs.413.43 Cr. after paying all the taxes. In the June quarter of the financial year 2022, the company made sales of around Rs.3,521.49 Cr. through which they made a profit of about Rs.321.66 Cr. after paying all the taxes.
Britannia Industries Ltd Annual Report Analysis
In the year 2017, Britannia Industries Ltd. make net sales of around Rs.8,414.37 Cr. from it they make a profit after paying all the taxes is around Rs.843.69 Cr. In the following year 2018, they make whole net sales of Rs.9,304.06 Cr. make a profit out of it about Rs.947.89 Cr. after paying all the taxes to the govt. bodies. In the next year is 2019, they make a large number of net sales in the last 3 years which is about Rs.10,482.45 Cr. make a profit out of it around Rs.1,122.20 Cr. after paying all the essential taxes to all the govt. bodies.
From the year 2020 till the month of March Company make net sales of around Rs.10,986.68 Cr. through which the Company makes a profit of about Rs.1,484.30 Cr. after giving all the taxes and In the year 2021, till the month of March Company makes net sales is around Rs.12,378.83 Cr. from which they made a profit of around Rs.1,760.03 Cr. In the annual result of March 2022, it had made Rs.13,371.62 Cr. of sales and Rs.1,603.19 Cr. of profit.
We are trying to predict possible targets that the shares of Britannia India can find in upcoming years. Our prediction is based upon different tools and terms which include Fibonacci retracement, support, and resistance. So, here we go with your possible targets for the upcoming years which are attached below:
| Year | Target Of Britannia |
|---|---|
| 2022(Target-1) | Rs.4,200 |
| (Target-2) | Rs.4,450 |
| 2023(Target-1) | Rs.4,700 |
| (Target-2) | Rs.4,980 |
| 2024(Target-1) | Rs.5,480 |
| (Target-2) | Rs.5,630 |
| 2025(Target-1) | Rs.6,060 |
| (Target-2) | Rs.6,480 |
| 2030(Target-1) | Rs.15,060 |
| (Target-2) | Rs.18,900 |
For the upcoming year which is 2022, we predict two possible targets which the shares of Britannia Industries can attain first is around Rs.4,200 and the second possible target which they can surpass in the same year is about Rs.4,450, and it all will happens because of their increasing demand of products in the market.
We can predict the first share price target is around Rs.4,700 and after passing that value share price of Britannia Industries will show some downtrend in the price for a while i.e., the true characteristic of any share price and second target which we can predict for the financial year 2023 is around Rs.4,980.
When can predict the first target share price for the financial year 2024 is around Rs.5,480. and after attaining that value they also show a similar trend as they show in the year 2023 show some downward trend again for a while as it is the true characteristic of a share and after recovering from this downfall we can predict the second target for the same year is about Rs.5,630.
For the year 2025, we can predict two possible targets which the shares price of Britannia Industries will beat easily first is around Rs.6060 and the second is about Rs.6480 as I told earlier the company share prices will in a positive trend in the future and share prices of this company share increase day by day in future years to come.
At the end of this decade, I am sure that Britannia Industries will sustain their first spot in the bakery sector and that will also reflect in the increasing share prices so, we set a possible target which they can attain is around Rs.15,060 and second possible target which they can cross is around Rs.18,900.
Conclusion
In this article, We have done a detailed analysis of Britannia Industries. We tried to include every aspect in our article which is really essential to know before investing in any specific company shares.
Before ending this article, I am going to tell you some strengths of Britannia industries which is really important to become the highest revenue-generating company.
- Extensive distribution network.
- Innovative advertisements.
- Providing a wide range of biscuits.
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I am a share market expert for the last five years. I have expertise in technical analysis, and fundamental analysis of stocks, and assets. On this website, I write content like analysis of shares, predict future targets of shares based on analysis, simplify technical analyses, and intraday trading.