Britannia · Analyst questions, management answers, and the quality of the response where the ledger is available.
ConCallIQ research layer
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Questions audited
12
Answered directly
63%
Numeric claims
2
Consistency
mixed
Question ledger
Abneesh Roy · Nuvama Wealth Management
partialI think the fact that we are able to drive the adjacency businesses, which we talked about, at 3x should also be looked at positively because the fact is these are also more relatively novel for the consumers, and we have upped the investment.
Abneesh Roy · Nuvama Wealth Management
directIt's more or less at the same level. So it's not that in some categories, maybe we are slightly less. In some categories, we are a bit better. But if you take a look at the overall portfolio, I don't think there is anything significant which is different.
Abneesh Roy · Nuvama Wealth Management
directOctober was a transition month where we saw a bit of a dip. But I think in November, December, I don't think there is any impact of channel filling. This is routine business based on sellout and consumption, which has kind of stabilized.
Abneesh Roy · Nuvama Wealth Management
partialThe truth is that there are pockets of regional competition in regions apart from East also, and they are all operating like small, active small units. I think our plan is to address that in a focused manner.
Mihir Shah · Nomura
partialIf you take a look, the overall value growth we have, so obviously, it is a mix of volume, and it's also a mix of the higher value realization because of the GST difference that has happened.
Mihir Shah · Nomura
declinedMihir, we don't give forward-looking estimates.
Vivek Maheshwari · Jefferies India
partialWe will be rolling out a strategic plan which would address both the near term and medium term. Maybe at the moment, I would want to highlight on the following things...
Vivek Maheshwari · Jefferies India
partialWe also believe where we have not taken off the blocks is that there are maybe attractive opportunities on the inorganic side. And Britannia would be justifiably evaluating them.
Arnab Mitra · Goldman Sachs
directSo yes, against national players, we are holding shares. In fact, over a two-year period, we've actually gained share over national players.
Arnab Mitra · Goldman Sachs
partialYes, that will require more funds. We are committed to invest that. ... What happens to our margin profile? Like I said, we will always keep it balanced under the check.
Arnab Mitra · Goldman Sachs
partialThe incentive that we got from the state of Bihar is something that accrued in this quarter. And therefore, it's very specific to this quarter. However, having said that, we also have, as you may have seen, provided for the labor code impact in this quarter to the tune of INR 48 crore. So in some sense, they neutralize each other.
Percy Panthaki · IIFL Capital
directThe 9.5% growth, I said, is broken down both into volume growth and growth coming because of GST. ... So about half-half, 50/50, has come from volume. And half has come from value because of GST.
