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Britannia Industries Limited
Buy, Hold or Sell?

Let's analyze Britannia together

I guess you are interested in Britannia Industries Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Britannia Industries Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Britannia (30 sec.)










What can you expect buying and holding a share of Britannia? (30 sec.)

How much money do you get?

How much money do you get?
INR2.69
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR146.73
Expected worth in 1 year
INR308.84
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR387.83
Return On Investment
6.5%

For what price can you sell your share?

Current Price per Share
INR5,946.65
Expected price per share
INR5,256 - INR
How sure are you?
50%
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1. Valuation of Britannia (5 min.)




Live pricePrice per Share (EOD)

INR5,946.65

Intrinsic Value Per Share

INR672.34 - INR863.88

Total Value Per Share

INR819.08 - INR1,010.61

2. Growth of Britannia (5 min.)




Is Britannia growing?

Current yearPrevious yearGrowGrow %
How rich?$420.5m$304.4m$116.1m27.6%

How much money is Britannia making?

Current yearPrevious yearGrowGrow %
Making money$276.2m$181.4m$94.8m34.3%
Net Profit Margin14.2%10.8%--

How much money comes from the company's main activities?

3. Financial Health of Britannia (5 min.)




4. Comparing to competitors in the Other industry (5 min.)




  Industry Rankings (Other)  


Richest
#111 / 386

Most Revenue
#51 / 386

Most Profit
#36 / 386
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What can you expect buying and holding a share of Britannia? (5 min.)

Welcome investor! Britannia's management wants to use your money to grow the business. In return you get a share of Britannia.

What can you expect buying and holding a share of Britannia?

First you should know what it really means to hold a share of Britannia. And how you can make/lose money.

Speculation

The Price per Share of Britannia is INR5,947. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Britannia.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Britannia, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR146.73. Based on the TTM, the Book Value Change Per Share is INR40.53 per quarter. Based on the YOY, the Book Value Change Per Share is INR-41.08 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR56.43 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Britannia.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps1.150.0%1.150.0%0.750.0%0.820.0%0.600.0%
Usd Book Value Change Per Share0.480.0%0.480.0%-0.490.0%0.010.0%0.170.0%
Usd Dividend Per Share0.670.0%0.670.0%1.230.0%0.740.0%0.420.0%
Usd Total Gains Per Share1.150.0%1.150.0%0.740.0%0.750.0%0.600.0%
Usd Price Per Share51.43-51.43-38.13-40.28-36.84-
Price to Earnings Ratio44.84-44.84-50.62-50.51-66.90-
Price-to-Total Gains Ratio44.58-44.58-51.62-62.73-69.15-
Price to Book Ratio29.46-29.46-30.17-23.29-27.97-
Price-to-Total Gains Ratio44.58-44.58-51.62-62.73-69.15-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share70.765135
Number of shares14
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.670.74
Usd Book Value Change Per Share0.480.01
Usd Total Gains Per Share1.150.75
Gains per Quarter (14 shares)16.1510.49
Gains per Year (14 shares)64.6141.96
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
138275541132
2755412082174
3113811851242116
41501082501653158
51881353152064200
62261623802474242
72631894452895284
83012165103306326
93382435753716368
103762706404127410

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%1.02.00.033.3%3.02.00.060.0%8.02.00.080.0%8.02.00.080.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
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Fundamentals of Britannia

About Britannia Industries Limited

Britannia Industries Limited manufactures and sells various food products primarily in India. The company offers bakery products, such as biscuit, bread, cake, and rusk; dairy products, including milk based beverages, cheese, dahi, and dairy whiteners; and cream wafers, center filled croissants, and salted snacks. It primarily offers its biscuits under the Good Day, Crackers, NutriChoice, Marie Gold, Tiger, Milk Bikis, Jim Jam + Treat, Bourbon, Little Hearts, Pure Magic, and Nice Time names; and cakes under the Gobbles, Tiffin Fun, Nut & Raisin, Muffills, Layerz, Rollyo, and fudgeit names, as well as center filled croissants under the Treat brand. The company also exports its products to approximately 79 countries worldwide. Britannia Industries Limited was founded in 1892 and is based in Bengaluru, India.

Fundamental data was last updated by Penke on 2024-07-15 01:50:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is very efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is overpriced.
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1.1. Profitability of Britannia Industries Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Britannia earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare¬†Britannia to the¬†Other industry mean.
  • A Net Profit Margin of 14.2%¬†means that¬†₹0.14 for each ₹1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Britannia Industries Limited:

  • The MRQ is 14.2%. The company is making a huge profit. +2
  • The TTM is 14.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ14.2%TTM14.2%0.0%
TTM14.2%YOY10.8%+3.5%
TTM14.2%5Y12.4%+1.9%
5Y12.4%10Y10.6%+1.8%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ14.2%5.6%+8.6%
TTM14.2%5.2%+9.0%
YOY10.8%5.8%+5.0%
5Y12.4%6.0%+6.4%
10Y10.6%6.1%+4.5%
1.1.2. Return on Assets

Shows how efficient Britannia is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Britannia to the¬†Other industry mean.
  • 24.8% Return on Assets means that¬†Britannia generated¬†₹0.25 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Britannia Industries Limited:

  • The MRQ is 24.8%. Using its assets, the company is very efficient in making profit. +2
  • The TTM is 24.8%. Using its assets, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ24.8%TTM24.8%0.0%
TTM24.8%YOY20.3%+4.6%
TTM24.8%5Y21.0%+3.9%
5Y21.0%10Y21.3%-0.3%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ24.8%1.1%+23.7%
TTM24.8%1.0%+23.8%
YOY20.3%1.4%+18.9%
5Y21.0%1.2%+19.8%
10Y21.3%1.4%+19.9%
1.1.3. Return on Equity

Shows how efficient Britannia is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Britannia to the¬†Other industry mean.
  • 65.7% Return on Equity means Britannia generated ₹0.66¬†for each¬†₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Britannia Industries Limited:

  • The MRQ is 65.7%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 65.7%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ65.7%TTM65.7%0.0%
TTM65.7%YOY59.6%+6.1%
TTM65.7%5Y47.4%+18.3%
5Y47.4%10Y44.3%+3.0%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ65.7%3.5%+62.2%
TTM65.7%3.3%+62.4%
YOY59.6%4.6%+55.0%
5Y47.4%3.7%+43.7%
10Y44.3%3.7%+40.6%
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1.2. Operating Efficiency of Britannia Industries Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Britannia is operating .

  • Measures how much profit Britannia makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Britannia to the¬†Other industry mean.
  • An Operating Margin of 0.0%¬†means the company generated ₹0.00 ¬†for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Britannia Industries Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y7.2%-7.2%
5Y7.2%10Y9.5%-2.3%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.5%-8.5%
TTM-9.5%-9.5%
YOY-8.1%-8.1%
5Y7.2%5.2%+2.0%
10Y9.5%6.8%+2.7%
1.2.2. Operating Ratio

Measures how efficient Britannia is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Other industry mean).
  • An Operation Ratio of 0.59 means that the operating costs are ₹0.59 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Britannia Industries Limited:

  • The MRQ is 0.591. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.591. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.591TTM0.5910.000
TTM0.591YOY0.623-0.031
TTM0.5915Y0.938-0.346
5Y0.93810Y1.221-0.283
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5911.231-0.640
TTM0.5911.253-0.662
YOY0.6231.242-0.619
5Y0.9381.264-0.326
10Y1.2211.363-0.142
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1.3. Liquidity of Britannia Industries Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Britannia is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Other industry mean).
  • A Current Ratio of 1.15¬†means the company has ₹1.15 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Britannia Industries Limited:

  • The MRQ is 1.148. The company is just able to pay all its short-term debts.
  • The TTM is 1.148. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.148TTM1.1480.000
TTM1.148YOY0.960+0.188
TTM1.1485Y1.334-0.186
5Y1.33410Y1.359-0.025
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1481.422-0.274
TTM1.1481.508-0.360
YOY0.9601.553-0.593
5Y1.3341.542-0.208
10Y1.3591.499-0.140
1.3.2. Quick Ratio

Measures if Britannia is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Britannia to the¬†Other industry mean.
  • A Quick Ratio of 1.01¬†means the company can pay off ₹1.01 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Britannia Industries Limited:

  • The MRQ is 1.013. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.013. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.013TTM1.0130.000
TTM1.013YOY0.543+0.470
TTM1.0135Y0.909+0.104
5Y0.90910Y0.777+0.132
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0130.564+0.449
TTM1.0130.576+0.437
YOY0.5430.578-0.035
5Y0.9090.604+0.305
10Y0.7770.603+0.174
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1.4. Solvency of Britannia Industries Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Britannia assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Britannia to Other industry mean.
  • A Debt to Asset Ratio of 0.62¬†means that Britannia assets are¬†financed with 62.2% credit (debt) and the remaining percentage (100% - 62.2%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Britannia Industries Limited:

  • The MRQ is 0.622. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.622. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.622TTM0.6220.000
TTM0.622YOY0.660-0.038
TTM0.6225Y0.519+0.103
5Y0.51910Y0.486+0.033
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6220.527+0.095
TTM0.6220.525+0.097
YOY0.6600.549+0.111
5Y0.5190.556-0.037
10Y0.4860.565-0.079
1.4.2. Debt to Equity Ratio

Measures if Britannia is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Britannia to the¬†Other industry mean.
  • A Debt to Equity ratio of 164.6% means that company has ₹1.65 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Britannia Industries Limited:

  • The MRQ is 1.646. The company is just able to pay all its debts with equity.
  • The TTM is 1.646. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.646TTM1.6460.000
TTM1.646YOY1.943-0.296
TTM1.6465Y1.219+0.427
5Y1.21910Y1.069+0.150
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6461.113+0.533
TTM1.6461.095+0.551
YOY1.9431.190+0.753
5Y1.2191.300-0.081
10Y1.0691.451-0.382
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2. Market Valuation of Britannia Industries Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every ₹1 in earnings Britannia generates.

  • Above 15 is considered overpriced but¬†always compare¬†Britannia to the¬†Other industry mean.
  • A PE ratio of 44.84 means the investor is paying ₹44.84¬†for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Britannia Industries Limited:

  • The EOD is 61.693. Based on the earnings, the company is expensive. -2
  • The MRQ is 44.838. Based on the earnings, the company is overpriced. -1
  • The TTM is 44.838. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD61.693MRQ44.838+16.855
MRQ44.838TTM44.8380.000
TTM44.838YOY50.617-5.779
TTM44.8385Y50.514-5.676
5Y50.51410Y66.898-16.384
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD61.69313.251+48.442
MRQ44.83811.870+32.968
TTM44.83811.033+33.805
YOY50.61711.330+39.287
5Y50.51411.874+38.640
10Y66.89812.710+54.188
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Britannia Industries Limited:

  • The EOD is 78.929. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 57.365. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 57.365. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD78.929MRQ57.365+21.564
MRQ57.365TTM57.3650.000
TTM57.365YOY102.999-45.634
TTM57.3655Y72.885-15.520
5Y72.88510Y174.775-101.891
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD78.9295.379+73.550
MRQ57.3655.065+52.300
TTM57.3654.265+53.100
YOY102.9991.958+101.041
5Y72.8852.492+70.393
10Y174.7753.557+171.218
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Britannia is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Other industry mean).
  • A PB ratio of 29.46 means the investor is paying ₹29.46¬†for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Britannia Industries Limited:

  • The EOD is 40.528. Based on the equity, the company is expensive. -2
  • The MRQ is 29.455. Based on the equity, the company is expensive. -2
  • The TTM is 29.455. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD40.528MRQ29.455+11.072
MRQ29.455TTM29.4550.000
TTM29.455YOY30.171-0.716
TTM29.4555Y23.286+6.170
5Y23.28610Y27.966-4.681
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD40.5281.641+38.887
MRQ29.4551.376+28.079
TTM29.4551.357+28.098
YOY30.1711.375+28.796
5Y23.2861.567+21.719
10Y27.9661.653+26.313
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Britannia Industries Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--40.52740.5270%-41.083+201%1.063+3712%14.673+176%
Book Value Per Share--146.730146.7300%106.203+38%151.918-3%118.482+24%
Current Ratio--1.1481.1480%0.960+20%1.334-14%1.359-16%
Debt To Asset Ratio--0.6220.6220%0.660-6%0.519+20%0.486+28%
Debt To Equity Ratio--1.6461.6460%1.943-15%1.219+35%1.069+54%
Dividend Per Share--56.43156.4310%103.163-45%61.899-9%35.513+59%
Eps--96.39296.3920%63.305+52%68.687+40%50.108+92%
Free Cash Flow Per Share--75.34275.3420%31.110+142%51.431+46%36.692+105%
Free Cash Flow To Equity Per Share--32.64832.6480%-62.129+290%3.177+928%7.119+359%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--863.877--------
Intrinsic Value_10Y_min--672.345--------
Intrinsic Value_1Y_max--64.390--------
Intrinsic Value_1Y_min--56.019--------
Intrinsic Value_3Y_max--210.367--------
Intrinsic Value_3Y_min--179.145--------
Intrinsic Value_5Y_max--376.722--------
Intrinsic Value_5Y_min--313.200--------
Market Cap1432357692200.000+27%1041032792600.0001041032792600.0000%771814293690.000+35%815387022864.000+28%745673467332.000+40%
Net Profit Margin--0.1420.1420%0.108+32%0.124+15%0.106+35%
Operating Margin----0%-0%0.072-100%0.095-100%
Operating Ratio--0.5910.5910%0.623-5%0.938-37%1.221-52%
Pb Ratio40.528+27%29.45529.4550%30.171-2%23.286+26%27.966+5%
Pe Ratio61.693+27%44.83844.8380%50.617-11%50.514-11%66.898-33%
Price Per Share5946.650+27%4322.0004322.0000%3204.300+35%3385.200+28%3095.775+40%
Price To Free Cash Flow Ratio78.929+27%57.36557.3650%102.999-44%72.885-21%174.775-67%
Price To Total Gains Ratio61.332+27%44.57644.5760%51.615-14%62.733-29%69.154-36%
Quick Ratio--1.0131.0130%0.543+87%0.909+11%0.777+30%
Return On Assets--0.2480.2480%0.203+23%0.210+18%0.213+17%
Return On Equity--0.6570.6570%0.596+10%0.474+39%0.443+48%
Total Gains Per Share--96.95896.9580%62.080+56%62.962+54%50.186+93%
Usd Book Value--420578130.000420578130.0000%304413900.000+38%435447418.000-3%339607793.000+24%
Usd Book Value Change Per Share--0.4820.4820%-0.489+201%0.013+3712%0.175+176%
Usd Book Value Per Share--1.7461.7460%1.264+38%1.808-3%1.410+24%
Usd Dividend Per Share--0.6720.6720%1.228-45%0.737-9%0.423+59%
Usd Eps--1.1471.1470%0.753+52%0.817+40%0.596+92%
Usd Free Cash Flow--215955250.000215955250.0000%89171460.000+142%147417914.000+46%105171724.000+105%
Usd Free Cash Flow Per Share--0.8970.8970%0.370+142%0.612+46%0.437+105%
Usd Free Cash Flow To Equity Per Share--0.3890.3890%-0.739+290%0.038+928%0.085+359%
Usd Market Cap17045056537.180+27%12388290231.94012388290231.9400%9184590094.911+35%9703105572.082+28%8873514261.251+40%
Usd Price Per Share70.765+27%51.43251.4320%38.131+35%40.284+28%36.840+40%
Usd Profit--276290630.000276290630.0000%181453580.000+52%196879312.000+40%143626693.000+92%
Usd Revenue--1939765450.0001939765450.0000%1682214940.000+15%1576206646.000+23%1294630036.000+50%
Usd Total Gains Per Share--1.1541.1540%0.739+56%0.749+54%0.597+93%
 EOD+4 -4MRQTTM+0 -0YOY+30 -45Y+23 -1210Y+28 -7

3.2. Fundamental Score

Let's check the fundamental score of Britannia Industries Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1561.693
Price to Book Ratio (EOD)Between0-140.528
Net Profit Margin (MRQ)Greater than00.142
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.013
Current Ratio (MRQ)Greater than11.148
Debt to Asset Ratio (MRQ)Less than10.622
Debt to Equity Ratio (MRQ)Less than11.646
Return on Equity (MRQ)Greater than0.150.657
Return on Assets (MRQ)Greater than0.050.248
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Britannia Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5081.341
Ma 20Greater thanMa 505,638.848
Ma 50Greater thanMa 1005,425.803
Ma 100Greater thanMa 2005,147.614
OpenGreater thanClose5,894.000
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets93,527,200
Total Liabilities58,184,500
Total Stockholder Equity35,342,700
 As reported
Total Liabilities 58,184,500
Total Stockholder Equity+ 35,342,700
Total Assets = 93,527,200

Assets

Total Assets93,527,200
Total Current Assets47,462,300
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 1,023,800
Short-term Investments 18,454,800
Net Receivables 3,943,000
Inventory 12,330,200
Other Current Assets 965,900
Total Current Assets  (as reported)47,462,300
Total Current Assets  (calculated)36,717,700
+/- 10,744,600
Long-term Assets
Property Plant Equipment 25,771,900
Goodwill 1,281,600
Intangible Assets 142,400
Long-term Assets  (as reported)0
Long-term Assets  (calculated)27,195,900
+/- 27,195,900

Liabilities & Shareholders' Equity

Total Current Liabilities41,344,000
Long-term Liabilities0
Total Stockholder Equity35,342,700
Total Current Liabilities
Short-term Debt 13,160,300
Total Current Liabilities  (as reported)41,344,000
Total Current Liabilities  (calculated)13,160,300
+/- 28,183,700
Long-term Liabilities
Long term Debt Total 15,661,600
Capital Lease Obligations Min Short Term Debt-13,160,300
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)2,501,300
+/- 2,501,300
Total Stockholder Equity
Common Stock240,900
Retained Earnings 32,302,900
Capital Surplus 2,449,800
Other Stockholders Equity 349,100
Total Stockholder Equity (as reported)35,342,700
Total Stockholder Equity (calculated)35,342,700
+/-0
Other
Cash And Equivalents956,000
Cash and Short Term Investments 19,478,600
Common Stock Shares Outstanding 240,868
Liabilities and Stockholders Equity 93,527,200
Net Working Capital 6,118,300



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
21,068,700
27,933,500
34,939,100
41,088,000
51,879,200
62,418,200
78,422,300
80,087,800
75,274,100
93,527,200
93,527,20075,274,10080,087,80078,422,30062,418,20051,879,20041,088,00034,939,10027,933,50021,068,700
   > Total Current Assets 
10,461,000
16,729,800
17,241,200
23,392,400
31,512,800
35,263,400
36,749,700
44,196,800
39,823,000
47,462,300
47,462,30039,823,00044,196,80036,749,70035,263,40031,512,80023,392,40017,241,20016,729,80010,461,000
       Cash And Cash Equivalents 
1,090,700
2,263,300
876,500
1,207,600
1,299,100
603,200
812,300
1,427,400
1,179,900
1,023,800
1,023,8001,179,9001,427,400812,300603,2001,299,1001,207,600876,5002,263,3001,090,700
       Short-term Investments 
1,663,400
4,445,600
0
2,394,500
9,078,900
7,867,400
10,357,300
14,316,700
8,615,500
18,454,800
18,454,8008,615,50014,316,70010,357,3007,867,4009,078,9002,394,50004,445,6001,663,400
       Net Receivables 
2,641,800
2,670,400
1,706,100
1,791,600
3,046,000
3,942,400
3,203,600
3,563,100
4,088,200
3,943,000
3,943,0004,088,2003,563,1003,203,6003,942,4003,046,0001,791,6001,706,1002,670,4002,641,800
       Inventory 
4,202,700
4,040,400
4,689,600
8,704,700
7,906,300
8,309,100
7,725,300
11,094,400
13,980,200
12,330,200
12,330,20013,980,20011,094,4007,725,3008,309,1007,906,3008,704,7004,689,6004,040,4004,202,700
       Other Current Assets 
862,400
3,310,100
45,500
49,200
54,200
126,400
484,400
347,200
512,500
965,900
965,900512,500347,200484,400126,40054,20049,20045,5003,310,100862,400
   > Long-term Assets 
0
0
0
17,695,600
20,366,400
27,154,800
41,672,600
0
0
0
00041,672,60027,154,80020,366,40017,695,600000
       Property Plant Equipment 
8,317,400
7,690,000
9,110,700
10,353,600
13,972,600
16,368,200
17,559,200
17,508,200
21,197,300
25,771,900
25,771,90021,197,30017,508,20017,559,20016,368,20013,972,60010,353,6009,110,7007,690,0008,317,400
       Goodwill 
1,070,100
1,106,800
1,159,100
1,278,400
1,282,000
1,303,700
1,389,700
1,359,000
1,396,100
1,281,600
1,281,6001,396,1001,359,0001,389,7001,303,7001,282,0001,278,4001,159,1001,106,8001,070,100
       Long Term Investments 
350,200
1,021,100
3,983,200
3,120,000
0
0
0
0
0
0
0000003,120,0003,983,2001,021,100350,200
       Intangible Assets 
159,300
127,600
133,300
116,100
79,700
76,200
83,700
85,400
156,000
142,400
142,400156,00085,40083,70076,20079,700116,100133,300127,600159,300
> Total Liabilities 
13,063,800
15,458,100
14,022,300
14,123,800
17,816,900
19,885,700
34,394,000
44,611,200
49,693,100
58,184,500
58,184,50049,693,10044,611,20034,394,00019,885,70017,816,90014,123,80014,022,30015,458,10013,063,800
   > Total Current Liabilities 
12,461,200
14,768,700
13,298,400
13,454,000
16,479,700
18,514,100
25,653,000
36,142,700
41,471,400
41,344,000
41,344,00041,471,40036,142,70025,653,00018,514,10016,479,70013,454,00013,298,40014,768,70012,461,200
       Short-term Debt 
1,548,700
1,580,200
861,300
843,100
936,500
761,000
7,479,900
13,394,200
10,198,700
13,160,300
13,160,30010,198,70013,394,2007,479,900761,000936,500843,100861,3001,580,2001,548,700
       Short Long Term Debt 
1,548,700
1,580,200
1,423,500
1,344,800
1,289,900
954,300
7,691,500
0
0
0
0007,691,500954,3001,289,9001,344,8001,423,5001,580,2001,548,700
       Accounts payable 
5,566,900
7,034,200
7,690,800
7,573,100
9,940,900
11,405,100
11,162,800
0
0
0
00011,162,80011,405,1009,940,9007,573,1007,690,8007,034,2005,566,900
       Other Current Liabilities 
4,995,000
5,855,900
2,888,800
3,062,700
3,957,600
4,805,500
4,600,100
0
0
0
0004,600,1004,805,5003,957,6003,062,7002,888,8005,855,9004,995,000
   > Long-term Liabilities 
0
0
0
643,800
1,205,800
1,044,800
8,384,500
0
0
0
0008,384,5001,044,8001,205,800643,800000
       Long term Debt Total 
0
0
376,800
314,000
845,700
619,200
7,818,700
7,623,200
7,207,500
15,661,600
15,661,6007,207,5007,623,2007,818,700619,200845,700314,000376,80000
       Capital Lease Obligations 
0
0
0
6,200
5,000
5,300
193,700
0
0
0
000193,7005,3005,0006,200000
       Long-term Liabilities Other 
0
0
0
22,700
19,400
0
0
0
0
0
0000019,40022,700000
> Total Stockholder Equity
7,981,100
12,451,100
20,916,800
26,964,200
34,062,300
42,532,500
44,028,300
35,476,600
25,581,000
35,342,700
35,342,70025,581,00035,476,60044,028,30042,532,50034,062,30026,964,20020,916,80012,451,1007,981,100
   Common Stock
239,900
239,900
240,000
240,000
240,100
240,200
240,300
240,500
240,900
240,900
240,900240,900240,500240,300240,200240,100240,000240,000239,900239,900
   Retained Earnings 
7,505,500
11,967,600
20,433,400
26,428,200
33,346,600
41,404,200
42,538,100
32,717,400
22,758,900
32,302,900
32,302,90022,758,90032,717,40042,538,10041,404,20033,346,60026,428,20020,433,40011,967,6007,505,500
   Capital Surplus 
0
0
225,100
300,000
481,700
855,700
1,166,200
2,449,800
2,449,800
2,449,800
2,449,8002,449,8002,449,8001,166,200855,700481,700300,000225,10000
   Treasury Stock0000000000
   Other Stockholders Equity 
64,200
72,100
18,300
-4,000
-6,100
32,300
83,500
68,500
131,400
349,100
349,100131,40068,50083,50032,300-6,100-4,00018,30072,10064,200



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue163,005,500
Cost of Revenue-96,416,300
Gross Profit66,589,20066,589,200
 
Operating Income (+$)
Gross Profit66,589,200
Operating Expense-0
Operating Income29,806,00066,589,200
 
Operating Expense (+$)
Research Development0
Selling General Administrative32,968,200
Selling And Marketing Expenses0
Operating Expense032,968,200
 
Net Interest Income (+$)
Interest Income485,400
Interest Expense-6,900
Other Finance Cost-478,500
Net Interest Income0
 
Pretax Income (+$)
Operating Income29,806,000
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)30,327,70029,806,000
EBIT - interestExpense = -6,900
23,217,700
23,224,600
Interest Expense6,900
Earnings Before Interest and Taxes (EBIT)030,334,600
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax30,327,700
Tax Provision-7,164,500
Net Income From Continuing Ops023,163,200
Net Income23,217,700
Net Income Applicable To Common Shares23,217,700
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Britannia
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Britannia. The general trend of Britannia is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Britannia's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Britannia Industries Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: .

The bearish price targets are: 5,726 > 5,300 > 5,256.

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Britannia Industries Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging¬†trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Britannia Industries Limited. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Britannia Industries Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a¬†lagging momentum¬†indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Britannia Industries Limited. The current macd is 151.54.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Britannia price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Britannia. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Britannia price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Britannia Industries Limited Daily Moving Average Convergence/Divergence (MACD) ChartBritannia Industries Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Britannia Industries Limited. The current adx is 40.61.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Britannia shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Britannia Industries Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows¬†the current trend.
  • Shows¬†potential entry signals.
  • Shows¬†¬†potential exit signals.
  • Can be used to place¬†trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Britannia Industries Limited. The current sar is 5,620.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Britannia Industries Limited Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Britannia Industries Limited. The current rsi is 81.34. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
Britannia Industries Limited Daily Relative Strength Index (RSI) ChartBritannia Industries Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading¬†momentum¬†indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges¬†between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Britannia Industries Limited. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Britannia price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Britannia Industries Limited Daily Stochastic Oscillator ChartBritannia Industries Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,¬†the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Britannia Industries Limited. The current cci is 107.20.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Britannia Industries Limited Daily Commodity Channel Index (CCI) ChartBritannia Industries Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Britannia Industries Limited. The current cmo is 76.58.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Britannia Industries Limited Daily Chande Momentum Oscillator (CMO) ChartBritannia Industries Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and¬†-100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Britannia Industries Limited. The current willr is -10.03273322.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Britannia Industries Limited Daily Williams %R ChartBritannia Industries Limited Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold¬†

Score

Let's take a look at the Bollinger Bands of Britannia Industries Limited.

Britannia Industries Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Britannia Industries Limited. The current atr is 106.35.

Britannia Industries Limited Daily Average True Range (ATR) ChartBritannia Industries Limited Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Britannia Industries Limited. The current obv is -16,919.

Britannia Industries Limited Daily On-Balance Volume (OBV) ChartBritannia Industries Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Britannia Industries Limited. The current mfi is 81.72.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Britannia Industries Limited Daily Money Flow Index (MFI) ChartBritannia Industries Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Britannia Industries Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-01CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-04-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-18STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-19BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-04-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-05-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-08MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-05-09RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-05-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-05-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-05-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-05-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-06-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-06-04STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-06-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-06-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-06-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-07-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-11STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-22MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-23STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside

6.3. Candlestick Patterns

Britannia Industries Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Britannia Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5081.341
Ma 20Greater thanMa 505,638.848
Ma 50Greater thanMa 1005,425.803
Ma 100Greater thanMa 2005,147.614
OpenGreater thanClose5,894.000
Total4/5 (80.0%)
Penke

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