BRITANNIA [POSITIONAL | SWING] [LONG]
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.
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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
Trade active
Trade is activeNote
Near T1, consider partial bookingTrade closed: target reached
T2: achieved today. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.