Cadbury's FY01 profits up 42% - 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?  

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%. However, topline growth of the company in the December quarter slowed down to 3% compared to its outstanding performance in the past three quarters (1QFY01-20%, 2QFY01-13% and 3QFY01-12%). This could be due to stiff competition in the chocolate confectionery market from its competitor Nestle.

Year ended December (Rs m) FY00 FY01 Change
Sales 5,111 5,712 11.8%
Other Income 79 121 52.6%
Profit after Tax/(Loss) 367 520 41.8%
Net profit margin (%) 7.2% 9.1%  
No. of Shares (eoy) (m) 23.8 35.7  
Diluted Earnings per share 10.3 14.6  
P/E (at current price) 43 30  

Nevertheless, even if we exclude other income, Cadbury's profits have shown a fantastic growth of 39% which is comparatively higher than its peers in the industry.

At the current market price of Rs 440 Cadbury trades at a P/E multiple of 30 times with a market cap to sales ratio of 3 times. The company's current valuations are comparatively less than HLL and Nestle which get P/E's of 35 and 36 times respectively.

Equitymaster requests your view! Post a comment on "Cadbury's FY01 profits up 42%". Click here!

  

More Views on News

What Led to the Massive Surge in the Stock of Jubilant FoodWorks? (Views On News)

Aug 18, 2021

Jubilant FoodWorks hits new high, surges 35% in a month on growth prospects.

Zomato Delivers a Hot Listing. Did You Grab a Bite? (Views On News)

Jul 23, 2021

Zomato scripted history on Friday by becoming India's first unicorn to debut on the stock exchanges.

Jubilant FoodWorks Hits Record High on Strong Sales Recovery in June Quarter (Views On News)

Jul 22, 2021

Jubilant FoodWorks is back in the black, aided by higher revenues despite the second wave disrupting operations.

Varun Beverages Q1 Review: Net Profit Rises Two-Fold; Board Announces 1:2 Bonus Issue (Views On News)

May 4, 2021

Varun Beverages' two-fold jump in profit came on the back of strong volume growth and demand recovery.

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?

More Views on News

Most Popular

Is it Time to Switch from Tata Power to NTPC? (Profit Hunter)

Oct 11, 2021

Given the huge run up in Tata Power, does it make sense to switch to NTPC?

This Proxy EV Stock Just got a Power Crisis Boost (Profit Hunter)

Oct 8, 2021

After months of research, I've come across few stocks that excite me far more than the mainstream electric vehicle companies.

Rs 1 Lakh Invested in These Cryptos at the Start of 2021 Became Rs... (Views On News)

Oct 8, 2021

These cryptos would have multiplied investors' wealth by as much as 10,000% in just nine months.

Modi's Big Move Could Boost these 5 Defence Stocks (Views On News)

Oct 11, 2021

To corporatise the defence sector, the Ministry of Defence (MoD) has dissolved the 250-year-old Ordnance Factory Board (OFB).

5 Green Energy Stocks to Watch as India Readies for a Revolution (Views On News)

Oct 13, 2021

The excitement around green energy stocks has opened up a huge contrarian opportunity in the traditional energy space.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

TRACK CADBURY (I)

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

MARKET STATS