Britannia (Buy Commodities, Sell Brands)

[dd1474]

Find enclosed my working about total shareholder return generated by Britannia since 1978.

ValuePickr - Chintan Baithak 2019 Indian Equities Market Past Return

Find enclosed one more company past performance analysis. Britannia was originally listed in Kolkata Stock exchnage in early 1900. However, subsequently, it issued shares to Indian Public due to FERA regulations at price of Rs 15 (Face value 10+ Premium of Rs 5) on 13 October 1977. I have calculated equity return since 1977. Over last 42 years, the company generated CAGR return of 26.7% p.a. as compared net profit CAGR of 17.2% during FY1978-2020. The retun does not include bonus debentures iss…