Britannia Industries Ltd., incorporated in the year 1918, is a Large Cap company (having a market cap of Rs 89547.61 Crore) operating in FMCG sector.
Britannia Industries Ltd. key Products/Revenue Segments include Food Products, Other Operating Revenue, Scrap, Royalty Income, Other Services for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company has reported a Consolidated Total Income of Rs 3660.77 Crore, up 5.68 % from last quarter Total Income of Rs 3463.93 Crore and up 4.81 % from last year same quarter Total Income of Rs 3492.61 Crore. Company has reported net profit after tax of Rs 381.62 Crore in latest quarter.
Investment Rationale
While lower ad-spends in FY21 have driven higher profit growth vs revenue growth, FY22 is likely to be a low-profit-growth year. Approach on price increases (inflationary RM) will be key. REDUCE rating (a case of fundamentals vs rest) stays, for now.
Promoter/FII Holdings
Promoters held 50.55 per cent stake in the company as of 30-Sep-2021, while FIIs owned 17.65 per cent, DIIs 11.52 per cent.
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