No explanation is needed for Indian's about Britannia .Company having about 35 % market share in organised biscuit market and about 15 % in overall market.They are also in Ghee,milk powder ,cake ..etc.
Its major brands include Marie, Arrowroot, Bourbon, Milk-bikis, Nice, Snax, Coconut Crunchies,Pure Magic, Snax, Cream Treat Good Day, Jim-Jam , Chekkers ,Tiger. ,Digestive,Thinlite and Cream Cracker.In addition to this company now aggressively promoting baked wheat snack called Time Pass which is free from trans fat, MSG and cholesterol.Strong brand and timely introduction of new products backed by good R & D helping the company to face competition from unorganized sector and other biggies.After a decade long fight for management control and uncertainty which affected company's performance earlier but now under the able leadership of India's one of the most respected woman CEO Vinita Bali company is now back to growth path.Higher production of wheat in India will help the company to reduce the cost its main raw material.For the latest quarter ended December company posted a 15 % growth in sales and 45 % growth in its net profit.This is one stock to be included in your core portfolio with a long term view .CMP is Rs.493/-
Dear Sir,
ReplyDeleteI am very thankful to you that I have made money on several of your recommendations. Vikram Thermo is one of the case in this point.
Thank you very much.
Regards
Jagat
Clearly you suspect some foulplay behind Mr. Rajan
ReplyDeletePillai's death. Care to share what you think
happened with him? Who are these "masterminds"
you talk about?
with the current pe of 33 and operating profit margin of 5 is it advisable to buy this stock
ReplyDeleteHi,
ReplyDeleteI dont know much about the history of this company. I knew Rajan Pillai had a trageic death at tihar jail.
What was all about all this. Did not know much about whole incident. If you can throi some light then that woulkd be great to know.
Regards
Jagat
PLEASE COMMENT ON HONDA SIEL , ZICOM RESULTS OF THIS Q3.
ReplyDeleteHey VP,
ReplyDeleteNice choice of stocks out there. especially Cochin mineral and rutile.
Do you track Ashiana Housing and Panama Petrochem?
Ashiana seems to be only real estate company without debt.
Sir wt will u suggest abt Surya chakra power at cmp
ReplyDeleteDear guhan
ReplyDeleteI don't think companies with good brands especially in FMCG sector will come cheap
To know more about Rajan Pillai , a book written by his brother will help - ' A WASTED DEATH'
ReplyDeleteDear KM
ReplyDeleteHold Honda Siel,Zicom not upto expectation
Daer Rabbatat
ReplyDeleteNot tracking currently
SIR, REVIVAL IN ALPHA GEO IS POSSIBLE OR NOT FOR LONG TERM VIEW ? RESULT OF THIS QUARTER IS IMPROVED.
ReplyDeleteExpected to revive with Industry trend which may happen with improvement in oil price.
ReplyDelete