Britannia · Analyst questions, management answers, and the quality of the response where the ledger is available.
ConCallIQ research layer
Use the controls below to narrow the view, then follow the evidence into the next layer of context.
Questions audited
12
Answered directly
50%
Numeric claims
1
Consistency
contradicted
Question ledger
Mir Sha · Namora
partialSo like we said we did not have manufacturing issues in West Asia. We manufactured but we were not able to dispatch. ... the west Asia impact hit us in March. ... close to 60 65% of the biscuits that we sell are at 5 rupees and 10 rupees and the price transition on that because of some dual pricing in the market has caused some challenges in our rural channels and in our wholesale channels.
Anish Roy · Noama
evasiveYes, selectively we will have to take price increases and this includes both gramage adjustment and some of the packs which are above 10 rupees some kind of a price increase. So both of them are factory.
Kunal Wara · BNP Pariba
partialfrom a value share point of view if you look at that I don't think it would make much of a difference and our own workings on a value share says that the difference is not there but yes it could be from transactions point of view some wholesalers and rural markets would probably want to stop that more because they see an opportunistic moment where they can make a higher margin.
AI Mata · Mcquaryy Capital
evasiveWe are quite confident that we will be able to generate demand and have a good year. ... the team is extremely confident that we will be able to manage the demand environment and come out on top.
Siddesh Deshmuk · Capital
evasiveNow it is hypothetical for us to say whether it impacted by 200 or 300 or 400 basis point. But yes it did have an impact.
Percy (from Siddesh Deshmuk's line) · Capital
directSo you know like we said we are gradually also upping the investment in brand and uh advertising. Uh so one of the reasons for that is that we have upped our advertising expenses from last quarter and we will be investing uh more vigorously in our brands.
Anand (from Access Capital) · Access Capital
directNo Anand I think you misread what we said. Uh the impact of the dual pricing has existed through January, February and March. In March we have to add the specific challenge coming from West Asia.
Arnamitra · Goldman Sachs
partialNo. Also I think biscuits is also a bit impulsive and is also a bit bland purchase. So if you are giving a bit more biscuit or a bit less biscuit I don't think from a consumer transaction point of view it has a bigger impact because it's a part of routine shopping basket.
Arnamitra · Goldman Sachs
evasiveSo while yes the operating environment is tough the fuel inflation the laminate inflation is there for us but the team is confidently that within a certain band we'll be able to manage it
Nihajam · HSBC
directSo like we said the domestic business was growing at more or less close to 99 9 and a half% which we have said and the small pressure that we had in the month of March was only because of West Asia
Vive Meshwari · Jeffrey's India
directYes. So if you look at you know price point packs 65% and you know the fact that GST rate was cut quite a bit that itself would have given like more like 7 and a half 8%. So in terms of number of packs basically there would be a reasonable decline in this quarter. Is that fair?
Les Sha · Aventar
partialThe relentless focus on cost and efficiency is now ingrained in the DNA and even this year we have a very aggressive plan to do that. But we also realize that we have to create new pillars for growth and this includes again investing in our brands
