Building BusinessServices

Section 35

Wadia Group

Started as: Shipbuilding in Bombay for the East India Company

founded
1736
founder
Lovji Nusserwanjee Wadia
headquarters
Mumbai, Maharashtra
355+
Ships built by the group in its first 150 years · 2026
125+
Years of uninterrupted dividends paid by Bombay Dyeing · 2026
2,537.01
Britannia consolidated net profit, FY26 (₹ crore) · 2026

The story

The Wadia Group is among India's oldest business houses. In 1736 Lovji Nusserwanjee Wadia, a Parsi shipbuilder from Surat, began building ships in Bombay for the East India Company. The group says it built over 355 vessels in the next 150 years.

As the age of wooden ships ended, the family moved into trade and textiles. Bombay Dyeing began in a small red-brick shed and has paid dividends without a break for over 125 years, the group says.

Later the group added Britannia, now one of India's biggest biscuit makers, and real estate. Two of its four listed companies have been listed for more than 100 years.

Where it works today

Food (biscuits and dairy)TextilesPlantations and tradingReal estateChemicalsEngineering services

Main companies

Britannia Industries · Bombay Dyeing · The Bombay Burmah Trading Corporation · Bombay Realty · National Peroxide · Wadia Techo Engineering Services

Timeline

  1. 1736Lovji Nusserwanjee Wadia wins contracts to build ships and docks in Bombay.
  2. 1863The Bombay Burmah Trading Corporation is set up.
  3. 1879Nowrojee Wadia moves the family into textiles; Bombay Dyeing begins.
  4. 1918Britannia is founded; it later becomes part of the Wadia group.
  5. 1993The Wadia group takes control of Britannia.
  6. 2026Britannia reports FY26 consolidated net profit of ₹2,537.01 crore, up 16.5%.
Sources (2)
  1. Wadia Group · 2026
  2. Britannia posts 16.5 per cent FY26 profit rise and declares Rs 90.5 dividend per share · 2026

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