- Brittania Industries reported a net income of 5.82 billion rupees for the third quarter, exceeding market estimates of 5.17 billion rupees.
- Total revenue was 45.93 billion rupees, surpassing expectations of 45.05 billion rupees.
- Revenue from the sale of goods came in at 44.63 billion rupees, slightly below the projected 45.27 billion rupees.
- Other operating revenue was recorded at 1.29 billion rupees, outperforming the estimate of 891.3 million rupees.
- Total costs for the quarter amounted to 38.75 billion rupees.
- The company earned other income totaling 624.6 million rupees.
- Market analyst recommendations include 19 buys, 13 holds, and 6 sells for Britannia.
A look at Britannia Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Britannia Industries Limited, a renowned manufacturer of bakery products, has received a mix of Smart Scores indicating its long-term outlook. With a top score of 5 in Dividend, it suggests strong returns to shareholders. This is complemented by scores of 3 in Growth, Resilience, and Momentum, pointing towards a steady performance and adaptability in the market. However, with a Value score of 2, there might be some considerations regarding the company’s valuation. Overall, Britannia Industries seems poised for sustained growth and stability in the future, bolstered by its diverse product portfolio.
Britannia Industries Limited, a key player in the bakery industry, has garnered promising Smart Scores reflecting its future potential. Noteworthy is the highest score of 5 in Dividend, indicating the company’s commitment to rewarding its investors. Coupled with scores of 3 in Growth, Resilience, and Momentum, the company showcases a solid foundation for long-term success. While the Value score of 2 may raise some valuation concerns, Britannia Industries‘ reputation as a manufacturer of a wide range of quality products like biscuits, bread, cakes, and export goods positions it well for sustained growth and market resilience.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
