Britannia

Description
financials

Contents:
1. Introdction
2. History
3. Current
4. Why Britannia
5. Compitetors
6. Awards
. Boar o! directors
". #ana$ement team
%. Auditors
1&. Ban'ars
11. Accountin$ standards
12. Ba(ence sheets
? Compariti)e
? Common si*ed
? Inde+ ,ased
13. -tatements o! pro!it and (oss
? Compariti)e
? Common si*ed
? Inde+ ,ased
14. .atios
15. Cash !(ow
16. Inerpretation o! !inancia( statements
1. .atio ana(ysis
1". Intrestin$ !acts
I/0.123C0I1/ :
Britannia Industries Limited (A WADIA Enterprise) is an Indian food-products
corporation based in Kolkata, India It sells its Britannia and !i"er brands of biscuit
t#rou"#out India Britannia #as an estimated market s#are of $%&
413/252: '%()
I/23-0.6: *++D ,-+.E//I01
H5A273A.05.-: BA01AL+-E, KA-0A!AKA, I0DIA
/1 14 81CA0I1/-: $22
9.123C0-: Baker3 products, includin" biscuits, bread, cakes and rusk, and dair3
products, includin" milk, butter, c#eese, "#ee and da#i
History:
!#e compan3 4as establis#ed in '%(), 4it# an in5estment of )(6 ? Initiall3, biscuits
4ere manufactured in a small #ouse in central Kolkata Later, t#e enterprise 4as
ac7uired b3 t#e 1upta brot#ers mainl3 0alin .#andra 1upta, a reno4ned attorne3,
and operated under t#e name of 89/ Brot#ers8 In '('%, .: :olmes, an En"lis#
businessman in Kolkata, 4as taken on as a partner and !#e Britannia Biscuit
.ompan3 Limited (BB.o) 4as launc#ed !#e ;umbai factor3 4as set up in '()<
and ,eek *reans =K, ac7uired a controllin" interest in BB.o Biscuits 4ere in #i"#
demand durin" World War II, 4#ic# "a5e a boost to t#e compan3>s sales !#e
compan3 name finall3 4as c#an"ed to t#e current 8Britannia Industries Limited8 in
'(?( In '(%) t#e American compan3 0abisco Brands, Inc ac7uired t#e parent
of ,eek *reans and became a ma@or forei"n s#are#older
!#e ABiscuit Kin"A
Kerala businessman -a@an ,illai secured control of t#e "roup in t#e late '(%2s,
becomin" kno4n in India as t#e ABiscuit Kin"A In '(($, t#e Wadia 1roup ac7uired a
stake in Associated Biscuits International (ABIL), and became an e7ual partner
4it# 1roupe Danone in Britannia Industries Limited
In 4#at !#e Economic !imes referred to as one of BIndiaAsC most dramatic corporate
sa"as, ,illai ceded control to Wadia and Danone after a bitter boardroom stru""le,
t#en fled #is /in"apore base to India in '((6 after accusations of defraudin"
Britannia, and died t#e same 3ear in !i#ar Dail
Current:
!#e rall3 4as an outcome of t#e operational turnaround brou"#t about b3 t#e
compan3As ne4 mana"ement /ales "ro4t# impro5ed '
 

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