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BRITANNIA vs NESTLE - Comparison Results


Britannia is the leading biscuit manufacturer with a 33% market share of the overall biscuit market. Apart from the core business of biscuits that contributes a lion's share of 93%, the company has a presence in other food categories such as dairy, c... More


Nestle India is a 100-year old and second largest FMCG company dominating the noodle (Maggi) and the hot beverage (Nescafe) categories. Milk products & nutrition is the largest segment with a 44% sales share. This is followed by prepared dishes & coo... More


Current Valuations

P/E (TTM) x 75.9 71.1 106.7% View Chart
P/BV x 23.3 34.8 66.9% View Chart
Dividend Yield % 0.4 0.6 65.2%  


5-Yr Chart
Click to enlarge
High Rs5,0576,700 75.5%   
Low Rs3,3204,990 66.5%   
Sales per share (Unadj.) Rs825.8949.9 86.9%  
Earnings per share (Unadj.) Rs83.696.1 87.0%  
Cash flow per share (Unadj.) Rs95.5132.8 71.9%  
Dividends per share (Unadj.) Rs25.0063.00 39.7%  
Dividend yield (eoy) %0.61.1 55.4%  
Book value per share (Unadj.) Rs283.7312.4 90.8%  
Shares outstanding (eoy) m120.0696.42 124.5%   
Bonus/Rights/Conversions IS--  
Price / Sales ratio x5.16.2 82.4%   
Avg P/E ratio x50.160.8 82.4%  
P/CF ratio (eoy) x43.944.0 99.7%  
Price / Book Value ratio x14.818.7 78.9%  
Dividend payout %29.965.6 45.6%   
Avg Mkt Cap Rs m502,889563,575 89.2%   
No. of employees `0003.87.6 50.0%   
Total wages/salary Rs m4,0169,860 40.7%   
Avg. sales/employee Rs Th26,130.712,070.8 216.5%   
Avg. wages/employee Rs Th1,058.51,299.4 81.5%   
Avg. net profit/employee Rs Th2,646.21,221.1 216.7%   
Net Sales Rs m99,14091,593 108.2%  
Other income Rs m1,6641,494 111.4%   
Total revenues Rs m100,80493,087 108.3%   
Gross profit Rs m15,01717,114 87.7%  
Depreciation Rs m1,4213,536 40.2%   
Interest Rs m7635 216.2%   
Profit before tax Rs m15,18415,037 101.0%   
Minority Interest Rs m-20-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m0-621 0.0%   
Tax Rs m5,1425,150 99.8%   
Profit after tax Rs m10,0409,265 108.4%  
Gross profit margin %15.118.7 81.1%  
Effective tax rate %33.934.2 98.9%   
Net profit margin %10.110.1 100.1%  
Current assets Rs m31,51332,790 96.1%   
Current liabilities Rs m16,48016,327 100.9%   
Net working cap to sales %15.218.0 84.4%  
Current ratio x1.92.0 95.2%  
Inventory Days Days2438 63.9%  
Debtors Days Days114 287.4%  
Net fixed assets Rs m15,50429,176 53.1%   
Share capital Rs m240964 24.9%   
"Free" reserves Rs m33,82229,158 116.0%   
Net worth Rs m34,06230,123 113.1%   
Long term debt Rs m846332 255.1%   
Total assets Rs m51,87968,060 76.2%  
Interest coverage x201.0429.4 46.8%   
Debt to equity ratio x00 225.6%  
Sales to assets ratio x1.91.3 142.0%   
Return on assets %19.513.7 142.7%  
Return on equity %29.530.8 95.8%  
Return on capital %43.747.5 92.1%  
Exports to sales %05.2 0.0%   
Imports to sales %04.7 0.0%   
Exports (fob) Rs mNA4,773 0.0%   
Imports (cif) Rs mNA4,299 0.0%   
Fx inflow Rs m2,0216,557 30.8%   
Fx outflow Rs m1,6539,068 18.2%   
Net fx Rs m367-2,511 -14.6%   
From Operations Rs m12,48814,659 85.2%  
From Investments Rs m-9,563-1,274 750.5%  
From Financial Activity Rs m-2,318-6,666 34.8%  
Net Cashflow Rs m6086,720 9.0%  

Share Holding

Indian Promoters % 0.0 0.0 -  
Foreign collaborators % 50.8 62.8 80.9%  
Indian inst/Mut Fund % 8.5 4.5 188.2%  
FIIs % 20.5 12.5 164.0%  
ADR/GDR % 0.0 0.0 -  
Free float % 20.3 20.3 100.0%  
Shareholders   45,387 62,821 72.2%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster


Compare BRITANNIA With:   COCA COLA (US)  NESTLE (Switz.)  TIGER BRANDS (S. Africa)  AVI LTD. (S. Africa)  

Today's Market

Sensex Ends 284 Points Up; FMCG & Metal Stocks Top Gainers(Closing)

Indian share markets settled higher today taking cues from their Asian peers. At the closing bell, BSE Sensex ended up by 284 points.

Related Views on News

BRITANNIA 2017-18 Annual Report Analysis (Annual Result Update)

Aug 17, 2018 | Updated on Aug 17, 2018

Here's an analysis of the annual report of BRITANNIA for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of BRITANNIA. Also includes updates on the valuation of BRITANNIA.

DABUR at All Time High; BSE FMCG Index Up 1.8% (Market Updates)

Aug 17, 2018 | Updated on Aug 17, 2018

DABUR share price has hit an all time high at Rs 458 (up 2.4%). The BSE FMCG Index is up by 1.8%. Among the top gainers in the BSE FMCG Index today are DABUR (up 2.4%) and BRITANNIA (up 2.2%). The top losers include COLGATE (down 0.1%) and NESTLE (down 0.1%).

Bajaj Corp: Slow Recovery from GST Implementation (Quarterly Results Update - Detailed)

Nov 10, 2017

A slow recovery from GST implementation and strained wholesale volumes puts pressure on Bajaj Corp's revenues.

ITC: GST Cess Weighs on Cigarettes (Quarterly Results Update - Detailed)

Nov 7, 2017

Additional cess in the GST regime hurts ITC's cigarette business.

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Sep 21, 2017

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