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 ₹ 35,056 Cr.
- Current Price ₹ 10,757
- High / Low ₹ 11,150 / 7,153
- Stock P/E 65.7
- Book Value ₹ 314
- Dividend Yield 0.60 %
- ROCE 58.9 %
- ROE 42.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.9%
- Company has been maintaining a healthy dividend payout of 86.2%
Cons
- Stock is trading at 34.6 times its book value
- The company has delivered a poor sales growth of 7.18% over past five years.
* 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 2013 | Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,424 | 1,662 | 1,875 | 1,755 | 1,733 | 1,677 | 1,862 | 1,679 | 1,982 | 2,256 | 2,477 | 2,633 | 2,880 | |
1,290 | 1,589 | 1,684 | 1,448 | 1,348 | 1,290 | 1,478 | 1,319 | 1,522 | 1,773 | 1,937 | 1,999 | 2,106 | |
Operating Profit | 134 | 73 | 191 | 306 | 385 | 387 | 384 | 360 | 460 | 483 | 540 | 634 | 774 |
OPM % | 9% | 4% | 10% | 17% | 22% | 23% | 21% | 21% | 23% | 21% | 22% | 24% | 27% |
36 | 38 | 68 | 50 | 34 | 8 | 11 | 11 | 32 | 7 | 22 | 20 | 33 | |
Interest | 0 | 0 | 5 | 6 | 7 | 7 | 8 | 5 | 5 | 11 | 8 | 9 | 12 |
Depreciation | 31 | 33 | 39 | 30 | 38 | 42 | 48 | 51 | 58 | 68 | 81 | 83 | 85 |
Profit before tax | 138 | 78 | 215 | 320 | 374 | 345 | 339 | 314 | 429 | 411 | 473 | 562 | 709 |
Tax % | 37% | 34% | 26% | 33% | 32% | 34% | 25% | 27% | 28% | 30% | 25% | 27% | |
87 | 51 | 158 | 214 | 253 | 229 | 253 | 230 | 310 | 289 | 356 | 412 | 534 | |
EPS in Rs | 26.75 | 15.78 | 48.53 | 65.73 | 77.67 | 70.29 | 77.62 | 70.64 | 95.25 | 88.79 | 109.15 | 126.35 | 163.77 |
Dividend Payout % | 56% | 95% | 31% | 60% | 211% | 33% | 57% | 69% | 125% | 78% | 78% | 103% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 7% |
3 Years: | 10% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 10% |
3 Years: | 10% |
TTM: | 38% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 16% |
3 Years: | 29% |
1 Year: | 49% |
Return on Equity | |
---|---|
10 Years: | 34% |
5 Years: | 36% |
3 Years: | 39% |
Last Year: | 42% |
Balance Sheet
Figures in Rs. Crores
Jun 2013 | Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 |
Reserves | 617 | 611 | 710 | 904 | 468 | 662 | 746 | 879 | 756 | 829 | 956 | 939 | 1,052 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
390 | 411 | 468 | 488 | 498 | 515 | 432 | 441 | 606 | 758 | 927 | 859 | 885 | |
Total Liabilities | 1,039 | 1,054 | 1,210 | 1,424 | 998 | 1,209 | 1,210 | 1,352 | 1,395 | 1,619 | 1,916 | 1,831 | 1,970 |
170 | 173 | 156 | 178 | 214 | 264 | 300 | 296 | 310 | 363 | 389 | 347 | 344 | |
CWIP | 30 | 61 | 63 | 88 | 63 | 40 | 25 | 21 | 72 | 65 | 32 | 26 | 35 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
839 | 821 | 991 | 1,158 | 721 | 904 | 886 | 1,034 | 1,013 | 1,191 | 1,494 | 1,458 | 1,591 | |
Total Assets | 1,039 | 1,054 | 1,210 | 1,424 | 998 | 1,209 | 1,210 | 1,352 | 1,395 | 1,619 | 1,916 | 1,831 | 1,970 |
Cash Flows
Figures in Rs. Crores
Jun 2013 | Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
29 | 96 | 172 | 279 | 248 | 237 | 134 | 225 | 443 | 462 | 463 | 509 | |
78 | -36 | -103 | 155 | 14 | -77 | -65 | -29 | -79 | -112 | -67 | -49 | |
-57 | -57 | -58 | -79 | -684 | -39 | -165 | -105 | -430 | -225 | -231 | -440 | |
Net Cash Flow | 51 | 3 | 12 | 356 | -422 | 121 | -95 | 91 | -66 | 125 | 164 | 20 |
Ratios
Figures in Rs. Crores
Jun 2013 | Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 24 | 20 | 23 | 23 | 27 | 38 | 36 | 41 | 36 | 43 | 47 | 38 |
Inventory Days | 131 | 104 | 87 | 104 | 103 | 105 | 104 | 136 | 152 | 130 | 127 | 131 |
Days Payable | 122 | 116 | 116 | 137 | 150 | 173 | 126 | 138 | 169 | 193 | 209 | 212 |
Cash Conversion Cycle | 33 | 9 | -6 | -10 | -19 | -30 | 15 | 40 | 19 | -20 | -35 | -43 |
Working Capital Days | 48 | 27 | 49 | -10 | -17 | -18 | 15 | 35 | 14 | -0 | -4 | -7 |
ROCE % | 22% | 12% | 35% | 39% | 54% | 60% | 48% | 38% | 51% | 51% | 52% | 59% |
Documents
Announcements
- Closure of Trading Window 27 Jun
-
Board Meeting Intimation for Consideration And Approval The Unaudited Financial Results For The Quarter Ended June 30, 2025.
27 Jun - Board meeting on July 31, 2025, to approve Q1 June 30, 2025 unaudited financial results.
-
Change In Senior Management Personnel
23 Jun - Gillette India appoints Jai Pankaj as new IT head from Sept 1, 2025; Nikunj Jain steps down June 30.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
12 Jun - Gillette India reports 12% sales and 40% profit growth; details strategy, innovations, and market outlook.
-
Analyst And Institutional Investors Meet - Presentation
12 Jun - Gillette India reports 12% sales and 40% PAT growth for 9-month fiscal year ending March 2025.
Annual reports
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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
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Financial Year 2011
from bse
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 2023TranscriptNotesPPT
Portfolio of well known Brands[1]
Gillette, Venus, Braun, Oral B