After Q4FY26 results, many brokerages have cut Britannia’s earnings estimates for FY27 and FY28. The percentage of earnings per share (EPS) estimates cuts is in the range of 3-8%. The stock trades at almost 47 times FY27 estimated earnings, as per Bloomberg consensus data. Investors will want to see evidence of faster growth. “Re-rating is contingent on the pace of acceleration in sales growth, creation of new growth drivers, and more broad-based play in the foods segment,” said JM Financial Institutional Securities. Britannia believes it has to create new pillars of growth such as investing in its brands, premiumization, and creating new verticals for growth.
