Gillette India Ltd
Gillette India Limited is a public company incorporated under the provisions of the Companies Act 1956. The company is engaged in manufacturing and selling of packaged fast moving 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, department stores, grocery stores, mass merchandisers, membership club stores. [1]
- Market Cap ₹ 28,549 Cr.
- Current Price ₹ 8,760
- High / Low ₹ 11,505 / 7,412
- Stock P/E 46.0
- Book Value ₹ 357
- Dividend Yield 1.36 %
- ROCE 56.1 %
- ROE 41.6 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.6%
- Company has been maintaining a healthy dividend payout of 81.0%
Cons
- Stock is trading at 24.5 times its book value
- The company has delivered a poor sales growth of 3.72% over past five years.
- Debtor days have increased from 50.8 to 61.9 days.
* 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 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Mar 2025 9m | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,662 | 1,875 | 1,755 | 1,733 | 1,677 | 1,862 | 1,679 | 1,982 | 2,256 | 2,477 | 2,633 | 2,235 | 3,075 | |
| 1,589 | 1,684 | 1,448 | 1,348 | 1,290 | 1,478 | 1,319 | 1,522 | 1,773 | 1,937 | 1,995 | 1,635 | 2,183 | |
| Operating Profit | 73 | 191 | 306 | 385 | 387 | 384 | 360 | 460 | 483 | 540 | 638 | 600 | 892 |
| OPM % | 4% | 10% | 17% | 22% | 23% | 21% | 21% | 23% | 21% | 22% | 24% | 27% | 29% |
| 38 | 68 | 50 | 34 | 8 | 11 | 11 | 32 | 7 | 22 | 20 | 27 | 35 | |
| Interest | 0 | 5 | 6 | 7 | 7 | 8 | 5 | 5 | 11 | 8 | 13 | 9 | 12 |
| Depreciation | 33 | 39 | 30 | 38 | 42 | 48 | 51 | 58 | 68 | 81 | 83 | 64 | 84 |
| Profit before tax | 78 | 215 | 320 | 374 | 345 | 339 | 314 | 429 | 411 | 473 | 562 | 554 | 830 |
| Tax % | 34% | 26% | 33% | 32% | 34% | 25% | 27% | 28% | 30% | 25% | 27% | 25% | |
| 51 | 158 | 214 | 253 | 229 | 253 | 230 | 310 | 289 | 356 | 412 | 418 | 620 | |
| EPS in Rs | 15.78 | 48.53 | 65.73 | 77.67 | 70.29 | 77.62 | 70.64 | 95.25 | 88.79 | 109.15 | 126.35 | 128.17 | 190.42 |
| Dividend Payout % | 95% | 31% | 60% | 211% | 33% | 57% | 69% | 125% | 78% | 78% | 103% | 87% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 4% |
| 3 Years: | 4% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 10% |
| 3 Years: | 11% |
| TTM: | 31% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 9% |
| 3 Years: | 21% |
| 1 Year: | -2% |
| Return on Equity | |
|---|---|
| 10 Years: | 34% |
| 5 Years: | 36% |
| 3 Years: | 39% |
| Last Year: | 42% |
Balance Sheet
Figures in Rs. Crores
| Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 |
| Reserves | 611 | 710 | 904 | 468 | 662 | 746 | 879 | 756 | 829 | 956 | 939 | 991 | 1,130 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 411 | 468 | 488 | 498 | 515 | 432 | 441 | 606 | 758 | 927 | 859 | 895 | 987 | |
| Total Liabilities | 1,054 | 1,210 | 1,424 | 998 | 1,209 | 1,210 | 1,352 | 1,395 | 1,619 | 1,916 | 1,831 | 1,918 | 2,149 |
| 173 | 156 | 178 | 214 | 264 | 300 | 296 | 310 | 363 | 389 | 347 | 342 | 322 | |
| CWIP | 61 | 63 | 88 | 63 | 40 | 25 | 21 | 72 | 65 | 32 | 26 | 17 | 31 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 821 | 991 | 1,158 | 721 | 904 | 886 | 1,034 | 1,013 | 1,191 | 1,494 | 1,458 | 1,558 | 1,797 | |
| Total Assets | 1,054 | 1,210 | 1,424 | 998 | 1,209 | 1,210 | 1,352 | 1,395 | 1,619 | 1,916 | 1,831 | 1,918 | 2,149 |
Cash Flows
Figures in Rs. Crores
| Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 96 | 172 | 279 | 248 | 237 | 134 | 225 | 443 | 462 | 463 | 509 | 328 | |
| -36 | -103 | 155 | 14 | -77 | -65 | -29 | -79 | -112 | -67 | -49 | -27 | |
| -57 | -58 | -79 | -684 | -39 | -165 | -105 | -430 | -225 | -231 | -440 | -358 | |
| Net Cash Flow | 3 | 12 | 356 | -422 | 121 | -95 | 91 | -66 | 125 | 164 | 20 | -58 |
Ratios
Figures in Rs. Crores
| Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 20 | 23 | 23 | 27 | 38 | 36 | 41 | 36 | 43 | 47 | 38 | 62 |
| Inventory Days | 104 | 87 | 104 | 103 | 105 | 104 | 136 | 152 | 130 | 127 | 131 | 181 |
| Days Payable | 116 | 116 | 137 | 150 | 173 | 126 | 138 | 169 | 193 | 209 | 212 | 260 |
| Cash Conversion Cycle | 9 | -6 | -10 | -19 | -30 | 15 | 40 | 19 | -20 | -35 | -43 | -17 |
| Working Capital Days | 27 | 49 | -10 | -17 | -18 | 15 | 35 | 14 | -0 | -4 | -7 | 13 |
| ROCE % | 12% | 35% | 39% | 54% | 60% | 48% | 38% | 51% | 51% | 52% | 59% | 56% |
Documents
Announcements
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Communication In Respect Of Deduction Of Tax At Source (TDS) On The Amount Of Interim Dividend Income From Gillette India Limited (''The Company'') For FY 2025-26.
29 Jan - Board declared Rs.180 interim dividend per share (incl. Rs.60 special); record date Feb 4, 2026.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
29 Jan - Quarter ended Dec 31, 2025: Sales ₹790 crore (+15%), PAT ₹172 crore (+37%); interim dividend ₹180/share.
- Board Declares Record Date For Payment Of Interim Dividend 29 Jan
- Corporate Action-Board approves Dividend 29 Jan
-
Unaudited Financial Results For The Quarter Ended December 31, 2025
29 Jan - Q3 unaudited: PAT Rs17,246 lakh; interim dividend Rs180/share (Rs60 special); record date Feb 4; payment by Feb 26, 2026.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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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