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 ₹ 25,380 Cr.
- Current Price ₹ 7,788
- High / Low ₹ 8,099 / 5,402
- Stock P/E 65.5
- Book Value ₹ 316
- Dividend Yield 1.09 %
- ROCE 52.0 %
- ROE 38.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 36.7%
- Company has been maintaining a healthy dividend payout of 93.5%
Cons
- Stock is trading at 24.6 times its book value
- The company has delivered a poor sales growth of 8.12% 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.
Peer comparison
Sector: FMCG Industry: Personal Care - Multinational
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,220 | 1,424 | 1,662 | 1,875 | 1,755 | 1,733 | 1,677 | 1,862 | 1,679 | 1,982 | 2,256 | 2,477 | 2,607 | |
1,112 | 1,290 | 1,589 | 1,684 | 1,448 | 1,348 | 1,290 | 1,478 | 1,319 | 1,522 | 1,773 | 1,937 | 2,011 | |
Operating Profit | 108 | 134 | 73 | 191 | 306 | 385 | 387 | 384 | 360 | 460 | 483 | 540 | 597 |
OPM % | 9% | 9% | 4% | 10% | 17% | 22% | 23% | 21% | 21% | 23% | 21% | 22% | 23% |
33 | 36 | 38 | 68 | 50 | 34 | 8 | 11 | 11 | 32 | 7 | 22 | 26 | |
Interest | 0 | 0 | 0 | 5 | 6 | 7 | 7 | 8 | 5 | 5 | 11 | 8 | 9 |
Depreciation | 24 | 31 | 33 | 39 | 30 | 38 | 42 | 48 | 51 | 58 | 68 | 81 | 83 |
Profit before tax | 117 | 138 | 78 | 215 | 320 | 374 | 345 | 339 | 314 | 429 | 411 | 473 | 531 |
Tax % | 35% | 37% | 34% | 26% | 33% | 32% | 34% | 25% | 27% | 28% | 30% | 25% | |
76 | 87 | 51 | 158 | 214 | 253 | 229 | 253 | 230 | 310 | 289 | 356 | 387 | |
EPS in Rs | 23.24 | 26.75 | 15.78 | 48.53 | 65.73 | 77.67 | 70.29 | 77.62 | 70.64 | 95.25 | 88.79 | 109.15 | 118.92 |
Dividend Payout % | 65% | 56% | 95% | 31% | 60% | 211% | 33% | 57% | 69% | 125% | 78% | 78% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 8% |
3 Years: | 14% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 9% |
3 Years: | 16% |
TTM: | 17% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 2% |
3 Years: | 9% |
1 Year: | 36% |
Return on Equity | |
---|---|
10 Years: | 31% |
5 Years: | 34% |
3 Years: | 37% |
Last Year: | 38% |
Balance Sheet
Figures in Rs. Crores
Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Dec 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 |
Reserves | 587 | 617 | 611 | 710 | 904 | 468 | 662 | 746 | 879 | 756 | 829 | 956 | 998 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
424 | 390 | 411 | 468 | 488 | 498 | 515 | 432 | 441 | 606 | 758 | 927 | 780 | |
Total Liabilities | 1,043 | 1,039 | 1,054 | 1,210 | 1,424 | 998 | 1,209 | 1,210 | 1,352 | 1,395 | 1,619 | 1,916 | 1,811 |
151 | 170 | 173 | 156 | 178 | 214 | 264 | 300 | 296 | 310 | 363 | 389 | 375 | |
CWIP | 38 | 30 | 61 | 63 | 88 | 63 | 40 | 25 | 21 | 72 | 65 | 32 | 26 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
854 | 839 | 821 | 991 | 1,158 | 721 | 904 | 886 | 1,034 | 1,013 | 1,191 | 1,494 | 1,410 | |
Total Assets | 1,043 | 1,039 | 1,054 | 1,210 | 1,424 | 998 | 1,209 | 1,210 | 1,352 | 1,395 | 1,619 | 1,916 | 1,811 |
Cash Flows
Figures in Rs. Crores
Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
141 | 29 | 96 | 172 | 279 | 248 | 237 | 134 | 225 | 443 | 462 | 463 | |
-42 | 78 | -36 | -103 | 155 | 14 | -77 | -65 | -29 | -79 | -112 | -67 | |
-57 | -57 | -57 | -58 | -79 | -684 | -39 | -165 | -105 | -430 | -225 | -231 | |
Net Cash Flow | 42 | 51 | 3 | 12 | 356 | -422 | 121 | -95 | 91 | -66 | 125 | 164 |
Ratios
Figures in Rs. Crores
Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 21 | 24 | 20 | 23 | 23 | 27 | 38 | 36 | 41 | 36 | 43 | 47 |
Inventory Days | 140 | 131 | 104 | 87 | 104 | 103 | 105 | 104 | 136 | 152 | 130 | 127 |
Days Payable | 189 | 122 | 116 | 116 | 137 | 150 | 173 | 126 | 138 | 169 | 193 | 209 |
Cash Conversion Cycle | -28 | 33 | 9 | -6 | -10 | -19 | -30 | 15 | 40 | 19 | -20 | -35 |
Working Capital Days | 67 | 48 | 27 | 49 | -10 | -17 | -18 | 15 | 35 | 14 | -0 | -3 |
ROCE % | 19% | 22% | 12% | 35% | 39% | 54% | 60% | 48% | 38% | 51% | 51% | 52% |
Documents
Announcements
-
Certificate Under Reg 40(9) Of SEBI (LODR) Regulations 2015
2d - Find enclosed the certificate under Reg 40(9) of SEBI (LODR) Regulations 2015 for the year ended June 30,2024
- Compliance Certificate As Per Reg. 7(3) Of The SEBI (LODR) Regulations, 2015 18 Jul
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Jul - Find enclosed the certificate under regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended June 30,2024
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Update on board meeting
15 Jul - With reference to the announcement dated June 27,2024 and As per Regulation 29 of the SEBI (LODR), Regulations, 2015, we would like to inform you …
- Appointment Of Kumar Venkatasubramanian (DIN 08144200) As A Director And Managing Director Of The Company For A Period Of Five Years, Effective May 1, 2024 5 Jul
Annual reports
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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
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Financial Year 2010
from bse
Concalls
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Sep 2023Transcript PPT
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May 2023TranscriptNotesPPT
Portfolio of well known Brands
Gillette has a bouquete of well recognised brands under which it sells its various products. Fusion5, SkinGuard Sensitive, MACH3, Guard3, Styler & Presto. [1]