Gillette India Ltd
Gillette India Limited is engaged in the manufacturing and selling of packaged fast moving consumer goods under its various brands in the grooming and oral care segment.
Gillette sells razors and blades, shaving gel, shaving cream, and after shave through various modes like drug stores, departmental stores, grocery stores, mass merchandisers, membership club stores. [1]
- Market Cap ₹ 25,252 Cr.
- Current Price ₹ 7,745
- High / Low ₹ 11,505 / 7,206
- Stock P/E 38.6
- Book Value ₹ 290
- Dividend Yield 1.55 %
- ROCE 90.6 %
- ROE 66.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 23.2% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 49.0%
- Company has been maintaining a healthy dividend payout of 65.0%
Cons
- Stock is trading at 26.7 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Mar 2025 9m | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,875 | 1,755 | 1,733 | 1,677 | 1,862 | 1,679 | 1,982 | 2,256 | 2,477 | 2,633 | 2,235 | 3,100 | |
| 1,684 | 1,448 | 1,348 | 1,290 | 1,478 | 1,319 | 1,522 | 1,773 | 1,937 | 1,995 | 1,635 | 2,156 | |
| Operating Profit | 191 | 306 | 385 | 387 | 384 | 360 | 460 | 483 | 540 | 638 | 600 | 943 |
| OPM % | 10% | 17% | 22% | 23% | 21% | 21% | 23% | 21% | 22% | 24% | 27% | 30% |
| 68 | 50 | 34 | 8 | 11 | 11 | 32 | 7 | 22 | 20 | 27 | 28 | |
| Interest | 5 | 6 | 7 | 7 | 8 | 5 | 5 | 11 | 8 | 13 | 9 | 12 |
| Depreciation | 39 | 30 | 38 | 42 | 48 | 51 | 58 | 68 | 81 | 83 | 64 | 79 |
| Profit before tax | 215 | 320 | 374 | 345 | 339 | 314 | 429 | 411 | 473 | 562 | 554 | 880 |
| Tax % | 26% | 33% | 32% | 34% | 25% | 27% | 28% | 30% | 25% | 27% | 25% | 26% |
| 158 | 214 | 253 | 229 | 253 | 230 | 310 | 289 | 356 | 412 | 418 | 654 | |
| EPS in Rs | 48.53 | 65.73 | 77.67 | 70.29 | 77.62 | 70.64 | 95.25 | 88.79 | 109.15 | 126.35 | 128.17 | 200.80 |
| Dividend Payout % | 31% | 60% | 211% | 33% | 57% | 69% | 125% | 78% | 78% | 103% | 87% | 30% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 13% |
| 3 Years: | 11% |
| TTM: | 39% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 23% |
| 3 Years: | 31% |
| TTM: | 56% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 7% |
| 3 Years: | 20% |
| 1 Year: | -18% |
| Return on Equity | |
|---|---|
| 10 Years: | 39% |
| 5 Years: | 44% |
| 3 Years: | 49% |
| Last Year: | 66% |
Balance Sheet
Figures in Rs. Crores
| Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 |
| Reserves | 710 | 904 | 468 | 662 | 746 | 879 | 756 | 829 | 956 | 939 | 991 | 914 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 468 | 488 | 498 | 515 | 432 | 441 | 606 | 758 | 927 | 859 | 895 | 925 | |
| Total Liabilities | 1,210 | 1,424 | 998 | 1,209 | 1,210 | 1,352 | 1,395 | 1,619 | 1,916 | 1,831 | 1,918 | 1,871 |
| 156 | 178 | 214 | 264 | 300 | 296 | 310 | 363 | 389 | 347 | 342 | 304 | |
| CWIP | 63 | 88 | 63 | 40 | 25 | 21 | 72 | 65 | 32 | 26 | 17 | 33 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 991 | 1,158 | 721 | 904 | 886 | 1,034 | 1,013 | 1,191 | 1,494 | 1,458 | 1,558 | 1,534 | |
| Total Assets | 1,210 | 1,424 | 998 | 1,209 | 1,210 | 1,352 | 1,395 | 1,619 | 1,916 | 1,831 | 1,918 | 1,871 |
Cash Flows
Figures in Rs. Crores
| Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 172 | 279 | 248 | 237 | 134 | 225 | 443 | 462 | 463 | 509 | 328 | 607 | |
| -103 | 155 | 14 | -77 | -65 | -29 | -79 | -112 | -67 | -49 | -27 | -16 | |
| -58 | -79 | -684 | -39 | -165 | -105 | -430 | -225 | -231 | -440 | -358 | -740 | |
| Net Cash Flow | 12 | 356 | -422 | 121 | -95 | 91 | -66 | 125 | 164 | 20 | -58 | -149 |
| Free Cash Flow | 116 | 213 | 190 | 156 | 59 | 190 | 353 | 345 | 384 | 442 | 284 | 564 |
| CFO/OP | 132% | 137% | 102% | 87% | 73% | 85% | 121% | 121% | 109% | 103% | 81% | 89% |
Ratios
Figures in Rs. Crores
| Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 23 | 23 | 27 | 38 | 36 | 41 | 36 | 43 | 47 | 38 | 62 | 47 |
| Inventory Days | 87 | 104 | 103 | 105 | 104 | 136 | 152 | 130 | 127 | 131 | 181 | 167 |
| Days Payable | 116 | 137 | 150 | 173 | 126 | 138 | 169 | 193 | 209 | 212 | 260 | 215 |
| Cash Conversion Cycle | -6 | -10 | -19 | -30 | 15 | 40 | 19 | -20 | -35 | -43 | -17 | -1 |
| Working Capital Days | 49 | -10 | -17 | -18 | 15 | 35 | 14 | -0 | -4 | -7 | 13 | 21 |
| ROCE % | 35% | 39% | 54% | 60% | 48% | 38% | 51% | 51% | 52% | 59% | 56% | 91% |
Insights
In beta| Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Grooming Segment Market Leadership Status Qualitative |
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| Distribution Centers/Depots Number |
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| Distribution Reach (Number of stores/outlets) Million Stores |
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| Productivity Savings INR Crores |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
29 May - Gillette India resubmits FY26 audited results press release; board recommends Rs60/share final dividend, subject to approval.
-
Record Date For Purpose Of Dividend
27 May - Gillette India reported FY26 sales of ₹3,100 crore, PAT ₹654 crore; recommended final dividend ₹60 per share.
- Record Date For Dividend 27 May
-
Corporate Action-Board approves Dividend
27 May - Gillette India approved FY26 audited results and recommended Rs.60 final dividend, payable by September 18, 2026.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
27 May - Gillette India appoints Krishnamurthy Iyer and Ghanashyam Hegde; Srividya Srinivasan resigns as CFO June 30, 2026, Ashwath Rao appointed July 1.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Concalls
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Jun 2025Transcript PPT
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Sep 2024Transcript PPT
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Sep 2023Transcript PPT
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May 2023TranscriptAI SummaryPPT
Portfolio of well known Brands[1]
Gillette, Venus, Braun, Oral B