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Wadia Group holding and plantation company with tea/coffee estates and a significant stake in Britannia Industries.
Wadia Group holding and plantation company with tea/coffee estates and a significant stake in Britannia Industries.
Sells tea and coffee largely through auctions and to bulk buyers, so prices and weather set the plantation results, while dividends from its large Britannia stake are an important and steadier source of income. Much of the company's value is that stake, which it holds rather than operates.
Moat: none. Plantation business is commodity-priced; most value sits in its Britannia Industries stake, not an operating moat.
Headquarters: Mumbai, India · Founded: 1863 · Employees: 2,875
Size Bombay Burmah Trading (BBTC.NS) is an India Consumer Staples company (Food: Major Diversified) with a market value of $947M, the 611th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹1,284 on 6 Nov 2026.
Performance Over six months the shares fell 17.9%, against -9.0% for the median peer and 0.0% for the India market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 6.6% over the last twelve months (peer median +3.4%); the operating margin is 16.3% (peer median 8.6%).
Valuation It trades at 0.5× enterprise value to sales against a peer median of 1.6× (cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -9% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -17 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 8.0 points above its cost of capital (17.2% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹199B | ₹195B | ₹183B | ₹171B | ₹166B |
| Revenue growth | — | +7% | +7% | +3% | — |
| Gross profit | ₹72.4B | ₹56.7B | ₹50.7B | ₹50.9B | ₹46.9B |
| EBITDA | ₹35.9B | ₹35.5B | ₹31.9B | ₹31.6B | ₹27.4B |
| Net income | ₹12.9B | ₹12.4B | ₹11.2B | ₹6.37B | -₹19.2B |
| Free cash flow | n/a | ₹22.8B | ₹18.9B | ₹12.5B | ₹15.6B |
| Capital expenditure | n/a | ₹2.33B | ₹3.32B | ₹5.76B | ₹7.24B |
| Total debt | n/a | ₹15.9B | ₹15.7B | ₹21.6B | ₹65.4B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Bombay Burmah Trading BBTC.NS | $947M | -18% | +7% | 16% | 0.5× | -8.8% |
| Tata Consumer Products TATACONSUM.NS | $11.4B | -6% | +15% | 11% | 5.0× | 42.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BBTC.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.2% | -2.8% | 7th highest of 21 |
| 6-month return | -17.9% | -9.0% | 7th lowest of 21 |
| Distance from 52-week high | -37.3% | -24.3% | 6th lowest of 21 |
| Revenue growth (TTM) | +6.6% | +3.4% | 6th highest of 21 |
| Operating margin | 16.3% | 8.6% | 4th highest of 21 |
| EV / Sales | 0.5× | 1.6× | cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -8.8% | -2.1% | 7th least demanding of 17 |
| Growth delivered (Del g) | +8.2% | +3.1% | 6th highest of 17 |
| Hurdle (Req g minus delivered) | -17.0 pp | -4.9 pp | 5th least demanding of 17 |
| ROIC minus cost of capital | +8.0 pp | +3.4 pp | 9th highest of 21 |
| EV / EBITDA | 2.5× | 9.0× | cheapest of 11 |
| Net debt / EBITDA | -0.3× | -0.6× | 5th most indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Bombay Burmah Trading BBTC.NS | India | $947M | -18% | +7% | 16% | 0.5× | -8.8% | +8.2% |
| AGT Food and Ingredients AGTF.TO | Canada | $922M | +12% | -19% | -2% | 0.5× | n/a | n/a |
| Simply Good Foods SMPL | United States | $1.05B | -2% | -7% | 13% | 1.0× | -12.3% | +6.2% |
| Shanghai Ziyan Foods 603057.SS | China | $1.09B | -37% | +7% | 6% | 2.1× | n/a | n/a |
| Hongmian Zhihui Science and Technology Innovation Co., Ltd. Guangzhou 000523.SZ | China | $798M | -16% | +4% | 2% | 2.6× | 12.1% | -8.5% |
| Vitasoy International 0345.HK | Hong Kong | $794M | -3% | -3% | 7% | 0.9× | -9.8% | -4.2% |
| Jiangsu Hengshun Vinegar-Industry 600305.SS | China | $1.15B | -7% | +6% | 6% | 3.0× | 17.3% | +2.6% |
| S&B Foods 2805.T | Japan | $1.16B | +53% | +7% | 9% | 1.3× | -1.8% | +2.5% |
| Cheng De Lolo 000848.SZ | China | $1.18B | -11% | +5% | 24% | 1.7× | -10.8% | +11.3% |
| Standard Foods 1227.TW | Taiwan | $751M | -5% | 0% | 4% | 0.8× | n/a | n/a |
| V V Food & Beverage 600300.SS | China | $717M | -18% | +6% | 11% | 1.0× | -9.2% | -6.8% |
| Lian Hwa Foods 1231.TW | Taiwan | $694M | -12% | +3% | 9% | 2.1× | n/a | n/a |
| Xiangpiaopiao Food 603711.SS | China | $660M | -24% | +2% | 7% | 0.8× | -11.3% | -4.9% |
| Qingdao Foods 001219.SZ | China | $656M | +42% | +3% | 23% | 6.3× | 7.3% | +2.4% |
| Jiangxi Salt Industry 601065.SS | China | $613M | -23% | -14% | 0% | 1.4× | -2.3% | +11.7% |
| Zydus Wellness ZYDUSWELL.NS | India | $1.58B | -7% | +74% | 9% | 3.5× | 32.3% | +16.2% |
| Herbalife HLF | United States | $1.60B | +7% | +6% | 9% | 0.6× | -14.8% | -1.9% |
| Yankershop Food 002847.SZ | China | $1.64B | -30% | 0% | 14% | 2.0× | 2.9% | +24.1% |
| Zinzino ZZ-B.ST | Sweden | $463M | -11% | +33% | 10% | 1.1× | -5.3% | +24.2% |
| Anji Foodstuff 603696.SS | China | $455M | -19% | -17% | 3% | 5.6× | 38.1% | +6.9% |
| Yihai International 1579.HK | Hong Kong | $2.02B | +3% | +11% | 18% | 1.8× | 6.8% | +3.6% |