Britannia Q1 Review - Positive Surprise In Revenue: Dolat Capital

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Dolat Capital Report.Britannia Industries Ltd.'s Q1 FY22 results exceed our estimate – as the company was able to replicate Q1 FY21 revenue performance against our estimate of slowdown in sales. The company has been consistently gaining market share over the last several quarters. Majority of the gains are from Hindi belt. Ebitda margin contracted by 470 basis points to 16.3% primarily due to gross margin contraction and increase in operating costs. Delayed price hikes have hampered the gross margin during the quarter.Going ahead, we believe that Britannia would take calibrated price hikes, in line with the industry..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Britannia Q1 Review - Positive Surprise In Revenue: Dolat Capital

Britannia Q1 Review - Positive Surprise In Revenue: Dolat Capital

Choose a plan