More about Britannia Industries Limited
Fundamentals for Britannia Industries Limited
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Fundamentals for Britannia Industries Limited
Business Operations:
Sector: Consumer DefensiveIndustry: Packaged Foods
Britannia Industries Limited manufactures and sells various food products in India and internationally. The company offers biscuits under the Good Day, Marie Gold, NutriChoice, Milk Bikis, Tiger, 50-50, Jim Jam, Britannia Bourbon, Treat, Little Hearts, Pure Magic, Nice Time, and Biscafe brand names; cakes under the Muffills, Fudge It, Gobbles, Layerz, Tiffin Fun, Rollyo, and Nut & Raisin Romance Cake brand names; rusks under the Toastea brand; center filled croissants under the Treat Croissant brand; wafers under Treat Creme Wafers brand; and Snacks under Time Pass brand. It also offers dairy products, such as cheese and dairy whitener, as well as gourmet, wheat flour, and white breads under Britannia brand; milkshakes, lassi, and flavored milk under Winkin' Cow brand; Paneer and Dahi under Come Alive brand; and nutritious bars under Be You Protein Bars brand name. The company exports its products to approximately 80 countries worldwide. Britannia Industries Limited was founded in 1892 and is based in Bengaluru, India.
Revenue projections:
With BRITANNIA's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
| currentRatio | 0.00000 |
|---|---|
| forwardPE | 50.23734 |
| debtToEquity | 58.42400 |
| earningsGrowth | 0.16900 |
| revenueGrowth | 0.08200 |
| grossMargins | 0.40690 |
| operatingMargins | 0.18018 |
| trailingEps | 100.02000 |
| forwardEps | 121.39377 |
BRITANNIA's high forward PE ratio indicates potential overvaluation, which could restrict future price growth and increase the risk of a correction. It's crucial to consider this metric in tandem with other fundamental data to fully assess the stock's outlook.
BRITANNIA's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.
Price projections:
Price projections for BRITANNIA have been revised upward over time, signaling increasing optimism about the company's future. This steady increase reflects a positive outlook for BRITANNIA's growth and market performance.
Recommendation changes over time:
Analysts have maintained a buy bias for BRITANNIA, which could prompt investors to consider the stock as a viable investment. With this positive outlook, BRITANNIA is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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