Britannia industries ltd

Introduction
The company is well focused on bringing innovations in current products, launch new,
differentiated products and packaging, upgrade existing offerings and explore new
ingredients and processes. Its brand portfolio includes Tiger, Marie Gold, Good Day, 50:50,
Treat and Nutri Choice.

Period
The analysis of the Britannia industries is done on the basis of last two years of
financial statement of Britannia industries ltd

Profit and loss Interpretation

Profitability has been increased since excise duty is exempt and there were no major
expenses.

Cost of material consumed has increased which is not a good sign of company’s
efficiency.

Operating revenue has increased slightly which resulted in increase in total revenue
which show the better performance of the company comparing last year
performance.

Balance sheet interpretation

By using a common size tool, company’s interpretation is as follows:

The company’s net worth has increased due to the increase in profit from march
2018 to march 2019,which shows the company’s financial position is good.

Debt has been decreased from march 2018 to march 2019 due to which there is
slight increase in the reserves and surplus which means company can think of
further investments

Due to the increase in the current asset working capital has been increased which
shows the better liquidity position of the company.