Britannia Industries Ltd Share Price – NSE /  BSE

FMCG, Mid Cap

Britannia Industries Ltd fell for a fifth straight session today. The stock is quoting at Rs 5781.5, down 1.2% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.28% on the day, quoting at 25806.35. The Sensex is at 84242.43, down 0.28%.Britannia Industries Ltd has eased around 1.3% in last one month.Meanwhile, Nifty FMCG index of which Britannia Industries Ltd is a constituent, has increased around 1.02% in last one month and is currently quoting at 55243.5, up 0.11% on the day. The volume in the stock stood at 2.12 lakh shares today, compared to the daily average of 4.45 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 5775, down 1.43% on the day. Britannia Industries Ltd jumped 17.72% in last one year as compared to a 10.03% rally in NIFTY and a 1.79% fall in the Nifty FMCG index.

The PE of the stock is 61.2 based on TTM earnings ending September 25.

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In a filing to the stock exchanges, Britannia said Berry submitted his resignation on 6 November 2025 and proposed to serve the notice period as per his contract. However, the board accepted his resignation and waived off the notice period, relieving him from duties effective 10 November 2025. The board placed on record his contributions and wished him success in his future endeavours.

The company also announced the appointment of Rakshit Hargave as the new managing director and chief executive officer, effective 15 December 2025. Until then, N. Venkataraman, executive director and chief financial officer, will hold additional charge as CEO.

Hargave previously served as CEO of Birla Opus, the paints venture of Grasim Industries, where he played a key role in building the business from inception, setting up six integrated manufacturing facilities and expanding the distribution network nationwide. He has also held senior roles at Beiersdorf (NIVEA), Hindustan Unilever, Jubilant Foodworks, Nestl? India, and Tata Motors. An IIT-BHU engineering graduate and FMS Delhi MBA, Hargave brings over two decades of experience in FMCG and consumer businesses.

The company?s board recently outlined its growth priorities, focusing on innovation, regional market competitiveness, profitability improvement, adjacent category expansion, and international growth. It expressed confidence that the new leadership team will ?take the company to newer heights.?

Britannia Industries is one of India's leading FMCG companies. The company's principal activity is the manufacture and sale of biscuits, bread, rusk, cakes and dairy products. Its consolidated net profit increased 23.14% to Rs 654.47 crore on 3.70% jump in total revenue from operations to Rs 4,840.63 crore in Q2 FY26 over Q2 FY25.

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Britannia Industries announced the appointment of Board Rakshit Hargave (DIN: 03406793) as an Additional Whole-Time Director and Chief Executive Officer, designated as Executive Director and Chief Executive Officer, with effect from his date of joining, i.e., 15 December 2025.

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Britannia Industries announced that Varun Berry (DIN: 05208062), Executive Vice-Chairman, Managing Director and Chief Executive Officer has tendered his resignation on 6 November 2025. He shall be relieved from the services of the Company with effect from the close of business hours on 10 November 2025.

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