Registered Office: 5/1 A, Hungerford
Street Kolkata - 700017,
WBPhone: 91-33- 22870505
Fax: 91-33-22872501
Website: www.britannia.co.in
Management Details
Chairperson - N N Wadia
Managing Director - V Bali
Directors - K Dadiseth, A Deb, S Gerlich, A K Hirjee, Philippe - Loic Jacob, N N Kampani, S S Kelkar, P Khanna, J N Wadia, Francois-Xavier Roger
Company Secretary - V Madan
Business Operation
Biscuits, bread, cakes, dairy products
Background
Britannia Industries Ltd (Britannia) was established in 1892 in Kolkata, WB as a biscuit manufacturing company. The company is now jointly held by the Wadia Group and Groupe Danone. Britannia manufactures bakery products including biscuits, bread, and cakes, and also dairy products like cheese and milk powder.
Business Profile
Britannia manufactures dairy products from its plants located in Kolkata, Delhi, Chennai, Mumbai, and Rudrapur. The company has a total installed capacity of 163,500 MT of biscuits and protein foodstuffs.
Business Operation
Biscuits, bread, cakes, dairy products
Background
Britannia Industries Ltd (Britannia) was established in 1892 in Kolkata, WB as a biscuit manufacturing company. The company is now jointly held by the Wadia Group and Groupe Danone. Britannia manufactures bakery products including biscuits, bread, and cakes, and also dairy products like cheese and milk powder.
Business Profile
Britannia manufactures dairy products from its plants located in Kolkata, Delhi, Chennai, Mumbai, and Rudrapur. The company has a total installed capacity of 163,500 MT of biscuits and protein foodstuffs.
Key brands include Tiger, Good Day, Milk Bikis, Treat, and Marie. In FY07 the company launched new brands; 50:50 Chutkule, Treat Fruit, Rollz, NutriChoice Digestive, and renovated Milk Bikis, Chota Tiger, and Chocolate Cream in the Tiger range. Further in 2008, the company launched iron fortified Tiger' biscuits,'Good Day Classic Cookies', Low Fat Dahi and renovated 'MarieGold'.
In 2007, biscuits and high-protein food achieved a y-o-y production increase of 23% and 26%, respectively. During FY07, the bread, cake, and rusk business grew by 54% y-o-y. Britannia exports its products to countries in the Middle East and to USA, Ghana, and Singapore. It has a JV in New Zealand to undertake marketing of dairy products. In 2007, Britannia formed a JV with Khimji Ramdas Group to set up two bakery product companies in the Middle East. The company acquired 70% stake in Strategic Foods International LLC in Dubai and in Oman-based Al Sallan Food Industries Co SAOG. During 2009, Britannia formed a strategic alliance with a Bangalore-based company, Daily Bread. This alliance will provide products under the brands Daily Bread and Deluca’s.
Financials
Total Income total income or £396.4 million (Year end, March 2009)Net Profit - Net profit of Britannia Industries declined 36.94% to Rs 29.10 crore in the quarter ended December 2009 as against Rs 46.15 crore during the (Year end, March 2009)
Bankers
SBI, SCB, ABN, Citibank, HSBC, HDFC Bank, ICICI Bank, Indian Bank , Bank of America, Deutsche Bank
Auditors
Lovelock & Lewes
In 2007, biscuits and high-protein food achieved a y-o-y production increase of 23% and 26%, respectively. During FY07, the bread, cake, and rusk business grew by 54% y-o-y. Britannia exports its products to countries in the Middle East and to USA, Ghana, and Singapore. It has a JV in New Zealand to undertake marketing of dairy products. In 2007, Britannia formed a JV with Khimji Ramdas Group to set up two bakery product companies in the Middle East. The company acquired 70% stake in Strategic Foods International LLC in Dubai and in Oman-based Al Sallan Food Industries Co SAOG. During 2009, Britannia formed a strategic alliance with a Bangalore-based company, Daily Bread. This alliance will provide products under the brands Daily Bread and Deluca’s.
Financials
Total Income total income or £396.4 million (Year end, March 2009)Net Profit - Net profit of Britannia Industries declined 36.94% to Rs 29.10 crore in the quarter ended December 2009 as against Rs 46.15 crore during the (Year end, March 2009)
Bankers
SBI, SCB, ABN, Citibank, HSBC, HDFC Bank, ICICI Bank, Indian Bank , Bank of America, Deutsche Bank
Auditors
Lovelock & Lewes
