Godrej Consumer Products Ltd

₹ 935 -0.50%
03 Feb - close price
About

Godrej Consumer Products is engaged in a fast moving consumer goods Company, manufacturing and marketing Household and Personal Care products.[1]

Key Points

Product Portfolio
The company has more than 10 brands that produce various products in various geographies. Its brands include:
GoodKnight- Mosquito Repellent Brand
Darling - Hair Extensions Business
No. 1 - Soap Brand
HIT - Pests killing products
Cinthol - Premium personal care products
Expert - Hair Color Brand
mitu - Babycare products
Stella - air freshener products
MR magic - liquid hand wash
Aer - air freshener products
The top 10 brands contribute ~70% of revenue. [1]

  • Market Cap 95,622 Cr.
  • Current Price 935
  • High / Low 956 / 660
  • Stock P/E 63.3
  • Book Value 83.2
  • Dividend Yield 0.00 %
  • ROCE 23.8 %
  • ROE 20.0 %
  • Face Value 1.00

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 11.2 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -9.89%
  • The company has delivered a poor sales growth of 7.92% 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 - Indian

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
1,524 1,114 1,381 1,679 1,695 1,500 1,661 1,838 1,817 1,635 1,849 1,985 2,010
1,083 811 1,004 1,212 1,223 1,163 1,227 1,386 1,359 1,254 1,435 1,557 1,465
Operating Profit 441 303 376 467 472 337 434 452 458 382 415 428 545
OPM % 29% 27% 27% 28% 28% 22% 26% 25% 25% 23% 22% 22% 27%
23 24 7 19 12 12 16 18 33 60 21 9 32
Interest 13 20 12 7 4 2 2 3 2 1 1 1 1
Depreciation 21 21 20 21 21 22 23 21 22 17 26 22 25
Profit before tax 430 286 351 459 459 326 425 445 468 424 410 415 551
Tax % 15% 16% 23% 24% 23% 23% 23% 20% 19% 2% 22% 21% 17%
Net Profit 365 240 272 351 351 251 325 356 380 418 320 328 458
EPS in Rs 3.57 2.35 2.66 3.43 3.44 2.45 3.18 3.48 3.72 4.08 3.12 3.21 4.48
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
2,469 2,980 3,581 4,080 4,430 4,554 4,748 5,261 5,679 5,474 6,254 6,952 7,480
1,970 2,421 2,946 3,331 3,588 3,556 3,612 3,931 4,167 4,027 4,602 5,223 5,711
Operating Profit 499 559 635 749 842 998 1,136 1,330 1,513 1,448 1,653 1,729 1,769
OPM % 20% 19% 18% 18% 19% 22% 24% 25% 27% 26% 26% 25% 24%
77 243 48 40 65 50 64 74 94 91 49 127 122
Interest 9 17 18 40 39 55 36 52 65 58 25 8 3
Depreciation 22 26 32 36 42 45 57 63 69 81 83 86 89
Profit before tax 545 759 633 713 827 948 1,107 1,289 1,473 1,400 1,594 1,762 1,799
Tax % 20% 20% 19% 21% 21% 24% 23% 22% -19% 16% 23% 16%
Net Profit 435 604 511 565 654 723 848 1,000 1,755 1,180 1,224 1,479 1,524
EPS in Rs 4.48 5.92 5.00 5.53 6.41 7.07 8.30 9.78 17.17 11.54 11.97 14.46 14.89
Dividend Payout % 33% 27% 33% 32% 29% 27% 60% 68% 58% 69% 0% 0%
Compounded Sales Growth
10 Years: 9%
5 Years: 8%
3 Years: 7%
TTM: 10%
Compounded Profit Growth
10 Years: 12%
5 Years: 11%
3 Years: -7%
TTM: 16%
Stock Price CAGR
10 Years: 14%
5 Years: 7%
3 Years: 13%
1 Year: 2%
Return on Equity
10 Years: 23%
5 Years: 24%
3 Years: 21%
Last Year: 20%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
32 34 34 34 34 34 34 68 102 102 102 102 102
Reserves 1,501 2,490 2,727 2,990 3,349 3,750 4,340 4,573 4,824 5,025 6,257 7,749 8,409
272 238 311 286 261 3 149 0 0 326 44 31 37
521 818 1,016 1,176 1,278 1,339 1,640 1,982 1,738 1,487 1,293 1,000 1,125
Total Liabilities 2,327 3,579 4,088 4,486 4,922 5,126 6,162 6,624 6,665 6,941 7,696 8,883 9,672
1,230 1,181 1,146 1,105 1,060 1,284 1,284 1,314 1,344 1,365 1,390 1,392 1,410
CWIP 8 12 121 148 179 13 39 52 32 37 37 78 114
Investments 362 1,193 1,570 2,167 2,300 2,612 3,655 3,902 3,425 3,593 4,568 5,201 6,242
728 1,192 1,251 1,066 1,383 1,217 1,184 1,355 1,864 1,945 1,700 2,212 1,906
Total Assets 2,327 3,579 4,088 4,486 4,922 5,126 6,162 6,624 6,665 6,941 7,696 8,883 9,672

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
258 688 573 750 783 512 1,177 1,235 1,082 920 1,374 961
-997 -1,005 -308 -553 -454 -100 -1,009 -302 460 -191 -1,019 -968
567 439 -151 -288 -309 -542 -121 -935 -1,548 -745 -356 -20
Net Cash Flow -173 122 113 -91 19 -129 47 -2 -6 -16 -1 -28

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 15 12 12 12 12 22 16 17 23 20 14 18
Inventory Days 99 107 111 93 89 102 100 97 97 107 95 85
Days Payable 80 131 138 150 146 156 200 243 230 202 108 67
Cash Conversion Cycle 34 -13 -14 -45 -46 -32 -83 -130 -110 -75 1 36
Working Capital Days -31 -26 -32 -63 -68 -16 -27 -36 -25 -4 -2 23
ROCE % 39% 26% 22% 23% 24% 27% 27% 29% 32% 28% 27% 24%

Shareholding Pattern

Numbers in percentages

1 recently
Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
63.24 63.24 63.23 63.23 63.23 63.23 63.22 63.22 63.22 63.22 63.22 63.22
26.34 26.79 26.77 26.77 26.61 26.97 26.21 25.63 24.16 24.03 24.43 24.04
3.11 3.19 3.07 3.09 3.05 1.23 4.60 5.02 5.93 6.05 6.47 6.74
7.32 6.78 6.93 6.91 7.11 8.58 5.97 6.13 6.69 6.70 5.87 6.01

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls