Wadia Group Funding: rounds, investors and valuation
The group funds itself from Britannia's profits, dividends and asset sales. Britannia is rated CRISIL AAA, and Bombay Burmah cut debt outside Britannia to ₹312 crore by March 2025 89.
How the Wadia Group is financed
The Wadia Group has no single listed parent, so its finances are spread across its listed firms. Britannia is the largest earner, and Bombay Burmah sits above it in the holding chain 89.
Britannia's results
| Period | Revenue | Net profit |
|---|---|---|
| FY26 | ₹18,858 crore (consolidated sales), up 7.5% | ₹2,537 crore, up 16.5% 25 |
| April-June 2026 | About ₹5,000 crore, up 8.2% | ₹593 crore, up 14% 19 |
Britannia recommended a final dividend of ₹90.50 a share for FY26 25.
Credit ratings
| Company | CRISIL rating |
|---|---|
| Britannia Industries | AAA, stable; A1+ 9 |
| Bombay Burmah Trading | AA-, stable; A1+ 8 |
Debt
CRISIL says Bombay Burmah's debt outside Britannia fell to ₹312 crore at the end of March 2025, from more than ₹3,920 crore in March 2023 8. Britannia's adjusted debt was about ₹1,226 crore in FY25 9. Bombay Burmah's subsidiary Leila Lands holds most of its cash, about ₹1,000 crore 8.
Other companies
Bombay Dyeing reported FY26 revenue of about ₹1,460 crore and dropped a planned rights issue in May 2026 23. National Peroxide earned ₹11.04 crore in FY26 20.
Go First
Go First owed lenders about ₹6,200 crore when it was ordered into liquidation, including ₹1,934 crore to Central Bank of India and ₹1,744 crore to Bank of Baroda 4. The airline has pursued arbitration claims of about $1 billion against engine maker Pratt & Whitney 4.
Frequently asked questions
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