BRITANNIA [POSITIONAL | SWING] [LONG]
Updated
I have taken a long entry In BRITANNIA At 4800
Upcoming Tax budget will have relaxation which would boost FMCG & Auto sector.
Fundamental Information
Britannia Industries Limited is a leading player in India's fast-moving consumer goods (FMCG) sector, renowned for its extensive range of bakery and dairy products. Let's delve into its fundamental strengths and key financial metrics:
Market Position and Brand Strength: Britannia boasts a robust brand presence with products like Good Day, Marie Gold, and NutriChoice, enjoying significant market share in the biscuit segment.
Financial Performance:
Revenue Growth: For the fiscal year ending March 2024, Britannia reported a revenue of ₹46.68 billion, marking a 5% increase from the previous year.
REUTERS
Net Profit: The net profit for the same period was ₹5.31 billion, reflecting a decline attributed to challenges like urban demand slowdown and commodity inflation.
REUTERS
Profitability Ratios:
Gross Margin: Stood at 43.05%, indicating efficient production cost management.
INVESTING
Operating Margin: Reported at 17.28%, showcasing effective control over operating expenses.
INVESTING
Net Profit Margin: At 12.9%, reflecting the company's ability to convert revenue into profit.
INVESTING
Valuation Metrics:
Price-to-Earnings (P/E) Ratio: Approximately 68.38, suggesting market expectations of future earnings growth.
INVESTING
Price-to-Book (P/B) Ratio: Around 37.96, indicating investor confidence in the company's asset utilization.
INVESTING
Upcoming Tax budget will have relaxation which would boost FMCG & Auto sector.
Fundamental Information
Britannia Industries Limited is a leading player in India's fast-moving consumer goods (FMCG) sector, renowned for its extensive range of bakery and dairy products. Let's delve into its fundamental strengths and key financial metrics:
Market Position and Brand Strength: Britannia boasts a robust brand presence with products like Good Day, Marie Gold, and NutriChoice, enjoying significant market share in the biscuit segment.
Financial Performance:
Revenue Growth: For the fiscal year ending March 2024, Britannia reported a revenue of ₹46.68 billion, marking a 5% increase from the previous year.
REUTERS
Net Profit: The net profit for the same period was ₹5.31 billion, reflecting a decline attributed to challenges like urban demand slowdown and commodity inflation.
REUTERS
Profitability Ratios:
Gross Margin: Stood at 43.05%, indicating efficient production cost management.
INVESTING
Operating Margin: Reported at 17.28%, showcasing effective control over operating expenses.
INVESTING
Net Profit Margin: At 12.9%, reflecting the company's ability to convert revenue into profit.
INVESTING
Valuation Metrics:
Price-to-Earnings (P/E) Ratio: Approximately 68.38, suggesting market expectations of future earnings growth.
INVESTING
Price-to-Book (P/B) Ratio: Around 37.96, indicating investor confidence in the company's asset utilization.
INVESTING
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