Biscuits

Competition from regional, local players eating away growth

Costliest biscuit ever: ITC ordered to pay Rs 1 lakh over one less biscuit in packet

ITC Limited has been asked to pay Rs 1 lakh to customer for packing one biscuit less than advertised on a packet of Sunfeast Marie Light.

Britannia: Volume growth takes focus

Growth from adjacent categories will drive revenue growth while premium products will lend a hand to profitability

Britannia Industries: Margins at peak levels, adjacent categories in the spotlight

Growth from adjacent categories will drive revenue growth and premiumisation will drive profitability

Move over, biscuits. Youngsters in UK prefer samosa with tea, finds survey

Dr Sharon Hall of United Kingdom Tea & Infusions Association (UKTIA) suggested younger people likely preferred "nutty or spicy flavours" as they evoked memories of dishes eaten on gap years while travelling around the world.

Breads, Biscuits, Rotis may get costlier as flour prices high, govt scheme not announced yet

Wheat flour’s all-India average retail price stood at Rs 32.78 per kg on Saturday, 9.15 per cent higher than the price (Rs 30.03 per kg) a year ago, according to data reported by the state civil supplies departments to the Union Ministry of Consumer Affairs, Food and Public Distribution.

Mrs Bectors Food: What should investors do, post the bumper listing?

Investors with a long-term view should track the quarterly numbers of Mrs Bectors Food and see whether growth is gradually coming back

This is how ITC's Choco Fills became 'the batman of biscuits'

With Choco Fills, ITC was not only taking the fight to the leader but also fighting on its own terms with an innovative product.

Almost two-thirds of Indian consumers ate healthy biscuits in last 6 months: Mintel survey

Even before the pandemic, the research highlighted that almost one-third (30%) of consumers said they find biscuits/cookies that improve immunity to be appealing.

Demand for biscuits in lockdown pushes up Britannia’s profit up 117% in Q1

For Britannia, 70-80 percent of revenue comes from biscuits.

Parle-G’s success shows in tough times consumers choose comfort foods

Parle-G wears many shirts, from being a gauge of the economic slowdown to beating hunger. What this means for its maker.

Here's why Parle-G biscuits logged 'record' sales during COVID-19 lockdown

The company has gained a market share of around 5 percent in the highly competitive biscuit segment, helped by Parle-G biscuits, which was proffered by the people while stocking pantry during the pandemic.

GST Council to finalise rates on gold, textiles tomorrow

The Council, chaired by Finance Minister Arun Jaitley and comprising state counterparts, could also consider a review in tax rates of some goods, besides clearing the rules to be followed for proforma of forms to be filled up once Goods and Services Tax (GST) kicks in.

Parle eyes bigger bite of premium biscuit segment

Biscuits and confectionery maker Parle Products is aiming to increase its market share in the premium biscuits category to around 20 per cent in 2017-18 from 15 per cent now.

Britannia Q2 net likely to grow 10%; margins, volume seen stable

During the quarter, EBITDA is seen growing 10.3 percent at Rs 358 crore against Rs 325 crore while margins may stand at 14.7 percent versus 14.7 percent year-on-year (YoY).

Parle enters luxury chocolate segment with Friberg brand

The launch of the new chocolate brand is inspired by the growing demand for luxury chocolate offerings and changing consumer preferences from traditional sweets to premium chocolates as gifting options during the festive season.

HC reserves verdict in Britannia-ITC biscuit pack dispute

Delhi High court today reserved its verdict on Britannia Industries Ltd's plea challenging a single judge's order restraining them from using the packaging of its 'Nutri Choice Digestive Zero' biscuits in its present form.

Britannia Q1 net seen up 7%; volume growth likely at 8-9%

During the period, EBITDA is seen up 6.1 percent at Rs 306 crore versus Rs 288.4 crore while margins may slip 50 basis points at 13.8 percent versus 14.3 percent year-on-year.

Goldman Sachs sees 26% upside in Britannia stock, rates it a buy

According to Goldman, biscuits, despite being available at similar price levels as basic personal care products like soaps and toothpastes, are underpenetrated in India. The brokerage believes penetration levels can move higher to 90 percent plus levels driven by the rise in urban income levels

ITC Q4 net profit up 6%, revenue grows 9%; cigarette biz steady

Its cigarette revenue in Q4 jumped 10.2 percent at Rs 4639 crore from Rs 4211 crore while EBIT also increased 11.5 percent at Rs 3019 crore against Rs 2706 crore (YoY).

Britannia Q4 net seen up 30%; volume, price hike may aid revenue

Gross margin is likely to flat due to rising input costs especially in sugar and flour prices. Robust advertising spends may also slightly mitigate expansion. Cost saving measures, however will continue to aid margins.

Britannia up 3%; Nomura bullish on its leadership position

According to estimates, Indian biscuit market is set to deliver a CAGR of 13 percent in next 5 years mainly driven by the low per capita consumption, which is set to rise given rising incomes, favourable demographics and increasing urbanisation.

Britannia Q1 beats street; net soars 67% to Rs 190 cr

Revenue, too, jumped 13 percent to Rs 2003 crore in the quarter ended 30 June, 2015 against against Rs 1787 crore in year-ago period.

Biscuit, bread raw material prices to fall by 10%: Sources

Other noodle makers are reducing their orders and mills now have flour surplus to the tune of 1 million tonne.

Britannia Q4 net seen up 38%, volume growth in biscuits key

Key issues to watch out are volume growth in biscuits, outlook on raw material scenario and performance of subsidiaries.