Bombay Burmah way to Britannia

Valuation of BBTC is Depend upon following factors next 4 Years 2028

1. Holding value of Britannia , Bombay Dyeing , National Peroxide
2. Tea estate Lease will end in 2027

So at end of BBTC will be holding company where as management hasn’t shown any interest to do great things in auto ancillary and dental so it’s not useful to count here

1. Britannia Mcap by 2028 based on current EPS growth rate it can reach 2,20,000
   50.5% is 1,11,000 crore

2. Bombay dyeing expect to achieve 15,000 crore revenue from new real estate projects
   Based on that Bombay dyeing might easily cross 20,000 MCAP by 2028
   44.4% – BBTC holding Value 9000 crore approx

3. National peroxide – 24% let say holding value is 1000 crore only

Total holding value of BBTC by 2028 can be predicted to be around 1,20,000 crore

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Why does BBTC has huge discount to its holding value … reason are many example dividend pass out from Britannia

But due to few changes happening in 2023 could improve situation in future

1. Debt reduction
2. Increase stake in Bombay dyeing and National peroxide
3. Go first has closed down
4. Loss making coffe estate sold
   5, loss making tea estate lease will end

So in conclusion every bad part in business have been and will be thrown out

So hope discount value will reduce drastically in days to come

Even 60% discount will be amounts to 72,000 MCAP by 2028

Which is share price could be around 10,000-11,000