Topline growth remains sluggish at Britannia - Views on News from 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?  

Topline growth remains sluggish at Britannia

Jan 27, 2000

Britannia has posted a 25.5% growth in bottomline during the quarter ended 31st December 1999. The company has however posted a sluggish topline growth of 4.2%. Britannia has however managed to improve its profitability by controlling costs and limiting its interest expenditure. The rise in profits comes despite a sharp 19% dip in other income.

The company, like all other FMCG companies, is suffering from sluggish topline growth. So far, the company has managed to generate bottomline growth by cutting costs but in future the volume (and sales) growth will need to grow.

(Rs m) 3QFY2000 3QFY1999 Change
Net Sales 2,710.0 2,601.0 4.2%
Other Income 17.0 21.0 -19.0%
Expenditure 2,477.0 2,417.0 2.5%
Interest 18.0 19.0 -5.3%
Depreciation 44.0 43.0 2.3%
Profit before Tax (incl. exceptional item) 181.0 143.0 26.6%
Tax 58.0 45.0 28.9%
Profit after Tax/(Loss) 123.0 98.0 25.5%
Net profit margin (%) 4.5% 3.8%  

Equitymaster requests your view! Post a comment on "Topline growth remains sluggish at Britannia". Click here!

  

More Views on News

BRITANNIA Announces Quarterly Results (3QFY21); Net Profit Up 22.5% (Quarterly Result Update)

Feb 10, 2021 | Updated on Feb 10, 2021

For the quarter ended December 2020, BRITANNIA has posted a net profit of Rs 5 bn (up 22.5% YoY). Sales on the other hand came in at Rs 32 bn (up 6.1% YoY). Read on for a complete analysis of BRITANNIA's quarterly results.

BRITANNIA Announces Quarterly Results (2QFY21); Net Profit Up 22.9% (Quarterly Result Update)

Oct 22, 2020 | Updated on Oct 22, 2020

For the quarter ended September 2020, BRITANNIA has posted a net profit of Rs 5 bn (up 22.9% YoY). Sales on the other hand came in at Rs 34 bn (up 12.1% YoY). Read on for a complete analysis of BRITANNIA's quarterly results.

BRITANNIA 2019-20 Annual Report Analysis (Annual Result Update)

Aug 6, 2020 | Updated on Aug 6, 2020

Here's an analysis of the annual report of BRITANNIA for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of BRITANNIA. Also includes updates on the valuation of BRITANNIA.

Burger King IPO: Should You Subscribe to This QSR Chain Business? (IPO)

Dec 2, 2020

Does the company with one of the fastest-growing QSR chains in India have sound prospects?

BRITANNIA 2018-19 Annual Report Analysis (Annual Result Update)

Sep 16, 2019 | Updated on Sep 16, 2019

Here's an analysis of the annual report of BRITANNIA for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of BRITANNIA. Also includes updates on the valuation of BRITANNIA.

More Views on News

Most Popular

A Critical Update on the Market (Fast Profits Daily)

Mar 30, 2021

In this video, I'll tell you why I am recommending caution in the market at this time.

My Recent Recommendation Will Profit from the Global Supply Chain Crisis (Profit Hunter)

Mar 31, 2021

A tiny chemical company, started in the Licence Raj era, is a great example of a new wealth creating opportunity.

My Stock Trading Strategy (Fast Profits Daily)

Mar 31, 2021

In this video I'll show you exactly how I go about picking stocks for trading.

What You Need to Find Hundred Baggers (Profit Hunter)

Mar 30, 2021

100 baggers of the last decade share this common trait. Here's how to use it to nail future multibaggers.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

BRITANNIA SHARE PRICE


Apr 9, 2021 (Close)

TRACK BRITANNIA

  • Track your investment in BRITANNIA with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

COMPARE BRITANNIA WITH

MARKET STATS