BRITANNIA Announces Quarterly Results (3QFY20); Net Profit Up 22.9%

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?  

BRITANNIA Announces Quarterly Results (3QFY20); Net Profit Up 22.9%
Mon, 10 Feb

BRITANNIA has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:

BRITANNIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m28,42430,48829,827-2.2%4.9%
Other incomeRs m600682652-4.4%8.6%
TurnoverRs m29,02431,17030,479-2.2%5.0%
ExpensesRs m23,90725,56624,806-3.0%3.8%
Gross profitRs m4,5184,9115,0202.2%11.1%
DepreciationRs m4244494674.1%10.1%
InterestRs m3016123746.7%694.3%
Profit before taxRs m4,6644,9824,969-0.3%6.5%
TaxRs m1,6589551,27333.3%-23.2%
Profit after taxRs m3,0074,0273,696-8.2%22.9%
Gross profit margin%15.916.116.8
Effective tax rate%35.519.225.6
Net profit margin%10.412.912.1
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 4.9% on a year-on-year (YoY) basis. The expenses were up by 3.8% YoY during the same period.
  • The company's operating profit increased by 11.1% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 16.8% in 3QFY20 as against 15.9% in 3QFY19.
  • Depreciation charges increased by 10.1% and finance costs increased by 694.3% YoY, respectively.
  • Other income increased by 8.6% YoY during the quarter.
  • Net profit for the quarter increased by 22.9% YoY. Net profit margins during the quarter increased from 10.4% in 3QFY19 to 12.1% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 2.2% on a quarter-on-quarter (QoQ) basis. The expenses were down by 3.0% QoQ during the same period.
  • The company's operating profit increased by 2.2% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 16.8% in 3QFY20 as against 16.1% in 2QFY19.
  • Net profit for the quarter declined by 8.2% QoQ, while net profit margins declined from 12.9% in 2QFY19 to 12.1% in 3QFY20.

To see how BRITANNIA has performed over the last eight quarters,please visit here.

Revealed: Top 3 Stocks for 2020 and Beyond

BRITANNIA Share Price Performance

Over the last one year,BRITANNIA share price has moved up from Rs 3,109.2 to Rs 3,165.9, registering a Gain of Rs 56.7 or around 1.8%.

Overall, the S&P BSE SENSEX is up 10.5% over the year.

Current Valuations

At the current price of Rs 3,165.9, the price to earnings (P/E) ratio of BRITANNIA stands at 57.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 17.9 times.

Equitymaster requests your view! Post a comment on "BRITANNIA Announces Quarterly Results (3QFY20); Net Profit Up 22.9%". Click here!

  

Related Views on News

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.

BRITANNIA Announces Quarterly Results (4QFY20); Net Profit Up 26.4% (Quarterly Result Update)

Jun 5, 2020 | Updated on Jun 5, 2020

For the quarter ended March 2020, BRITANNIA has posted a net profit of Rs 4 bn (up 26.4% YoY). Sales on the other hand came in at Rs 29 bn (up 2.5% YoY). Read on for a complete analysis of BRITANNIA's quarterly results.

BRITANNIA Announces Quarterly Results (2QFY20); Net Profit Up 32.9% (Quarterly Result Update)

Nov 13, 2019 | Updated on Nov 13, 2019

For the quarter ended September 2019, BRITANNIA has posted a net profit of Rs 4 bn (up 32.9% YoY). Sales on the other hand came in at Rs 30 bn (up 6.2% YoY). Read on for a complete analysis of BRITANNIA's quarterly results.

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

These 5 Smallcaps Deserve a Place in Your Coffee Can Portfolio(Profit Hunter)

Jul 28, 2020

When it comes to quality stocks, doing less is more.

Before You Buy Your First Electric Vehicle Consider Buying this Stock(Profit Hunter)

Jul 29, 2020

As competition intensifies in the electric vehicle space, only few will create huge wealth over the years.

How to Buy Gold and Silver(Fast Profits Daily)

Jul 27, 2020

In this video I'll show you how to buy bullion the right way.

Elon Musk Gives Us a Trading Opportunity(Fast Profits Daily)

Jul 28, 2020

Elon Musk made a statement recently which I believe, gives us a fast profit trading opportunity.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

BRITANNIA SHARE PRICE


Aug 7, 2020 03:37 PM

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

BRITANNIA 8-QTR ANALYSIS

COMPARE BRITANNIA WITH

MARKET STATS