BRITANNIA Announces Quarterly Results (4QFY21); Net Profit Down 3.4%

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 (4QFY21); Net Profit Down 3.4%
Fri, 9 Jul

BRITANNIA has announced its results for the quarter ended March 2021. Here is a detailed performance review of the same:

BRITANNIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-20*
3
Dec-20*
3
Mar-21*
QoQ ChangeYoY Change
Net SalesRs m28,67731,65631,308-1.1%9.2%
Other incomeRs m786826632-23.5%-19.6%
TurnoverRs m29,46332,48231,939-1.7%8.4%
ExpensesRs m24,13425,54126,2542.8%8.8%
Gross profitRs m4,5406,1155,054-17.4%11.3%
DepreciationRs m4854865288.7%9.0%
InterestRs m270318237-25.5%-12.2%
Profit before taxRs m4,5726,1374,921-19.8%7.6%
TaxRs m8491,6111,326-17.7%56.1%
Profit after taxRs m3,7224,5263,595-20.6%-3.4%
Gross profit margin%15.819.316.1
Effective tax rate%18.626.226.9
Net profit margin%12.613.911.3
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 9.2% on a year-on-year (YoY) basis. The expenses were up by 8.8% YoY during the same period.
  • The company's operating profit increased by 11.3% YoY during the quarter. Consequently, operating profit margins remained same and stood at 16.1% in 4QFY21.
  • Depreciation charges increased by 9.0% and finance costs declined by 12.2% YoY, respectively.
  • Other income declined by 19.6% YoY during the quarter.
  • Net profit for the quarter declined by 3.4% YoY. Net profit margins during the quarter declined from 12.6% in 4QFY20 to 11.3% in 4QFY21.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 1.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 2.8% QoQ during the same period.
  • The company's operating profit declined by 17.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 16.1% in 4QFY21 as against 19.3% in 3QFY20.
  • Net profit for the quarter declined by 20.6% QoQ, while net profit margins declined from 13.9% in 3QFY20 to 11.3% in 4QFY21.

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

Find Out: How to Profit from 21st Century's BIGGEST Revolution

BRITANNIA Share Price Performance

Over the last one year, BRITANNIA share price has moved down from Rs 3,674.9 to Rs 3,475.5, registering a Loss of Rs 199.4 or around 5.4%.

Overall, the S&P BSE SENSEX is up 42.8% over the year.

Current Valuations

At the current price of Rs 3,475.5, the price to earnings (P/E) ratio of BRITANNIA stands at 45.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 19.2 times.

Equitymaster requests your view! Post a comment on "BRITANNIA Announces Quarterly Results (4QFY21); Net Profit Down 3.4%". Click here!

  

Related 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.

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 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.

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.

Top 5 'Digital India' Stocks(Views On News)

Oct 6, 2021

These companies are leading the Government's US$1 tn 'Digital India' initiative.

5 Exciting 'Unlisted' Companies and How to Play Them(Views On News)

Oct 7, 2021

Here's how you can invest in some of the most exciting start-ups of the decade.

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

BRITANNIA SHARE PRICE


Oct 19, 2021 03:36 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