Britannia Industries - Robust Performance in Challenging Times
BRIT Q3FY23 Results were robust, beating our/ street estimates on margins as lower raw material cost and better cost efficiency led to better-than...
363 Views
FMCG & Alco Bev (Q3FY23 Results Preview): Unchanged demand trend, some respite in margins
Our FMCG coverage universe is expected to deliver growth of 9/11% on YoY/three-year CAGR in revenue in Q3FY23 (vs 17/10% in Q3FY22 and 8/11% in...
471 Views
Britannia Industries - Beat on All Fronts; Material Cost Pressures Persist
BRIT performed significantly better than expected in 2QFY23. Despite an effective price increase of over 18% YoY, volumes were up by ~4%.
342 Views
Britannia Industries - Strong Set Of Numbers; Beat On Estimates – Upgrade to BUY
he company reported consolidated revenue of Rs 4,338 Cr, up 22% YoY (3-year CAGR of 13%), primarily led by a cumulative price growth of ~18% and...
139 Views
HSIE Results Daily: PGCIL, Britannia Industries, Cummins, Aditya Birla Capital
PGCIL: PGCIL’s consolidated asset capitalisation/Capex in Q2FY23 declined 76.6%/32.8% YoY to INR17.9bn/INR17.4bn, on a high YoY base
134 Views