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:
Revenue projections for BRITANNIA Investors are expected to be cautious with BRITANNIA, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.
Financial Ratios:
currentRatio
1.082000
forwardPE
49.167076
debtToEquity
28.451000
earningsGrowth
0.040000
revenueGrowth
0.103000
grossMargins
0.409000
operatingMargins
0.163400
trailingEps
90.610000
forwardEps
81.370000
With a current ratio 1.082, BRITANNIA demonstrates the ability to service its short-term debt without difficulty. The company's strong cash reserves and current assets ensure that it can meet its liabilities, reflecting financial stability and healthy liquidity. BRITANNIA's low Debt-to-Equity ratio means the company is not over-leveraged, highlighting its conservative use of debt. This suggests reduced financial risk and a stable balance sheet, making BRITANNIA a financially resilient company with lower exposure to debt-related pressures. BRITANNIA's forward EPS is less than its trailing EPS, signaling that the company's profitability is expected to shrink. This points to a potential downturn in earnings compared to last year.
Price projections:
Price projections for BRITANNIA BRITANNIA's price projections have gradually increased over time, indicating that analysts are becoming more optimistic about the company's prospects. This suggests confidence in BRITANNIA's ability to achieve future growth.
Recommendation changes over time:
Recommendations trend for BRITANNIA
Analysts are favoring Britannia Industries Limited with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider Britannia Industries Limited as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.
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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