The Nusli Wadia-owned FMCG major Britannia Industries has been an investor favourite, what with the stock gaining 38% over the past one year against the 14% gain clocked by the benchmark Sensex. The performance has also come on the back of robust numbers from the company. Over FY12-FY17, Britannia’s net sales have shown a CAGR of 10.5%, while profit saw an impressive CAGR of 35%. In FY17, sales and profit grew by 8% and 7%, respectively.
Even as the Street savoured the growth, managing director Varun Berry, who has been instrumental in turning around the fortunes of the company