Research And Views Archives | Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Archives... Don't Miss Anything, Ever!

Here you will find all the research and views that we post on Equitymaster. Use the tools to customize the results to suit your preference!


















Authors
 

Cadbury: Taking a bow…

Oct 31, 2002

Chocolate major, Cadbury India, has reported a strong performance for the September quarter. The company finished 3QFY03 with 11% growth in topline and nearly 19% growth in bottomline. The performance is much better than what it had reported till the first half of FY03 (5.5% topline growth and 10% bottomline growth excluding extraordinary income).

Cadbury: Competition takes toll

Jul 12, 2002

Chocolate major Cadbury India is showing signs of pressure going by its 2QFY03 numbers. The company reported a staid 4.3% topline growth during the quarter. However, aided by extraordinary income it posted a 101% rise in net profit YoY.

Cadbury: Steady performer

Apr 29, 2002

Chocolate major Cadbury India's 1QFY03 performance continues to be steady. The company recorded a 9% growth in net profits on the back of a 6.5% growth in topline. The bottomline growth has been consistent at 9-10% in recent quarters, however, the topline growth seems subdued as compared to December quarter (17% growth).

Cadbury: Bidding adieu?

Mar 11, 2002

Cadbury India finally made up for the missing Diwali sweetness during the Christmas quarter. It logged a 17% growth in topline, as against a staid 5% topline growth in the September quarter. Consequent to the resurgent 4QFY02, Cadbury India ended the year with a near 10% topline growth YoY.

Cadbury open offer: Should you bite?

Dec 12, 2001

Cadbury Schweppes has made an open offer of Rs 500 to yesterday to the 49% public shareholders in Cadbury India. The offer is aimed towards taking the company private as Cadbury already own 51% stake in the company. The question is: Should investors bite?

Cadbury's open offer

Dec 11, 2001

Cadbury Schweppes Plc (Cadbury India's parent) has made a voluntary offer to the shareholders of Cadbury India to acquire up to 17.5 m equity shares of Rs 10 each, representing 49% of the equity capital of Cadbury India, at the price of Rs 500 per share.

Cadbury: Logging gains

Dec 11, 2001

The Cadbury stock has risen 25% in the past one month. In our story Cadbury India: Missing 'Diwali' sweetness we had said that the company would meet our projections for FY02 given that it had yet to account for a sizeable chunk of Diwali sales. Also, the management's statement that they would look at a buyback to hike their holding in the company may have served as a trigger.

Cadbury India: Missing 'Diwali' sweetness

Nov 1, 2001

Cadbury India seems to have been affected by the difficult market conditions finally. As against an 11% topline growth in the June quarter, the company's sales have grown by only 5% in 3QFY02.

Cadbury: Sweet taste of success

Oct 13, 2001

Cadbury India has come a very long way since 1948 when it first set up shop in India. In fact, in the last decade the company’s sales have grown at a healthy CAGR (compounded growth) of 17% (FY01: Rs 5.7 bn). Net profit growth during the same period has been nearly 26% (FY01: Rs 523 m). However, the real spurt in the company’s performance has come in the last five years.

Cadbury: 2QFY02 beats expectations

Jul 12, 2001

Cadbury India has posted a net profit growth of 23% in the quarter ended June 17, 2001 to Rs 88 m. Net Sales grew by 11% to Rs 1,185 m during the same period. Other income also saw a significant rise to Rs 22 m during 2QFY02.

Cadbury: Will it 'Perk'?

Jul 12, 2001

Chocolate major, Cadbury India, is set to declare its second quarter results today. Given the tough scenario the FMCG sector has been facing these past few months, one does not expect a very encouraging performance.

Cadbury 1Q: Taxes hit net margins

Apr 26, 2001

Cadbury India Limited has posted a net profit of Rs 124 m for the quarter ended March 31, 2001. This is up 18.5% as compared to Rs 105 m net profit declared during the quarter ended March 31, 2000. The company's turnover is up 8% during the period.

Other income fuels Cadbury's profits

Feb 27, 2001

Cadbury has beaten market expectations and declared a remarkable 42% growth in profits for the year ended December '00. The company's profit growth in fourth quarter were even more encouraging at 61%.

Cadbury's FY01 profits up 42%

Feb 26, 2001

Cadbury has beaten market expectations and declared a remarkable 42% growth in profits for the year ended December '00. The company's profit growth in fourth quarter were even more encouraging at 61%.

Cocoa prices: The blip on Cadbury?

Feb 21, 2001

The chocolate king, Cadbury is witnessing a selling pressure in its stock price since the last one month. The stock has come down to a current level of Rs 469 from Rs 600 on December 22, ’00, a drop of 22%. The reasons for a weakness in the stock price are dismal outlook for the company’s future earnings apart from its relatively high valuations among its peers in the sector.

Cadbury Schweppes profits up 15%

Feb 15, 2001

Cadbury Schweppes, parent of Cadbury India has recorded a 15% jump in net profits for the year ended December '00 on revenues of Rs 311 bn. Remarkably, the company's operating margins improved sharply by 100 basis points to 18.4%.

Cadbury – The star performer

Nov 15, 2000

Cadbury India Ltd. is the star performer this year in the FMCG Industry in general and the confectionary segment in particular.

FMCG: Much to look forward to

Nov 8, 2000

In the quarter ended September 2000, the fast moving consumer goods (FMCG) sector gave signs of slowing down. The consolidated numbers of the top 10 FMCG companies in India, saw a staid 5% growth in turnover. The sample includes Britannia, Colgate, Cadbury, Hindustan Lever, Indian Shaving, Nestle, P&G Hygiene, Reckitt, Smithkline Consumer and Tata Tea.

Cadbury's fantastic 3Q performance

Nov 3, 2000

Improved operating margins helped Chocolate King Cadbury to record a growth of 32% in profits for the third quarter ended September 2000. Excluding the adjustment for VRS expenditure profits have increased by 26%.

“We want to double the shareholder’s value in the next four years.”

Aug 10, 2000

In an interview with Equitymaster.com Mr. Bhat spoke of Cadbury’s strategy in each of its lines of operations, the outlook on cocoa prices and the management’s vision for the company five years hence.


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2021
Get our special report Multibagger Stocks Guide (2021 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

MARKET STATS