Godrej Consumer Products Ltd

₹ 873 2.18%
05 Aug - 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 which produces various products in various geographies. Its brands include :-[1]
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[2]

  • Market Cap 89,285 Cr.
  • Current Price 873
  • High / Low 1,138 / 660
  • Stock P/E 62.6
  • Book Value 76.8
  • Dividend Yield 0.00 %
  • ROCE 23.8 %
  • ROE 20.0 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 11.4 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
1,315 1,521 1,524 1,114 1,381 1,679 1,695 1,500 1,661 1,838 1,817 1,635 1,849
1,009 1,124 1,083 811 1,004 1,212 1,223 1,163 1,227 1,386 1,359 1,254 1,435
Operating Profit 307 397 441 303 376 467 472 337 434 452 458 382 415
OPM % 23% 26% 29% 27% 27% 28% 28% 22% 26% 25% 25% 23% 22%
20 25 23 24 7 19 12 12 16 18 33 60 21
Interest 11 14 13 20 12 7 4 2 2 3 2 1 1
Depreciation 19 20 21 21 20 21 21 22 23 21 22 17 26
Profit before tax 297 387 430 286 351 459 459 326 425 445 468 424 410
Tax % 19% 14% 15% 16% 23% 24% 23% 23% 23% 20% 19% 2% 22%
Net Profit 240 335 365 240 272 351 351 251 325 356 380 418 320
EPS in Rs 2.35 3.27 3.57 2.35 2.66 3.43 3.44 2.45 3.18 3.48 3.72 4.08 3.12

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 7,140
1,970 2,421 2,946 3,331 3,588 3,556 3,612 3,931 4,167 4,027 4,602 5,223 5,434
Operating Profit 499 559 635 749 842 998 1,136 1,330 1,513 1,448 1,653 1,729 1,706
OPM % 20% 19% 18% 18% 19% 22% 24% 25% 27% 26% 26% 25% 24%
77 243 48 40 65 50 64 74 94 91 49 127 133
Interest 9 17 18 40 39 55 36 52 65 58 25 8 7
Depreciation 22 26 32 36 42 45 57 63 69 81 83 86 86
Profit before tax 545 759 633 713 827 948 1,107 1,289 1,473 1,400 1,594 1,762 1,747
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 1,473
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 14.40
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: 9%
Compounded Profit Growth
10 Years: 12%
5 Years: 11%
3 Years: -7%
TTM: 12%
Stock Price CAGR
10 Years: 16%
5 Years: 7%
3 Years: 10%
1 Year: -10%
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
32 34 34 34 34 34 34 68 102 102 102 102
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
272 238 311 286 261 3 149 -0 -0 326 44 31
521 818 1,016 1,176 1,278 1,339 1,640 1,982 1,738 1,487 1,293 1,000
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
1,230 1,181 1,146 1,105 1,060 1,284 1,284 1,314 1,344 1,365 1,390 1,392
CWIP 8 12 121 148 179 13 39 52 32 37 37 78
Investments 362 1,193 1,570 2,167 2,300 2,612 3,655 3,902 3,425 3,593 4,568 5,201
728 1,192 1,251 1,066 1,383 1,217 1,184 1,355 1,864 1,945 1,700 2,212
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

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

10 recently
Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
63.24 63.24 63.24 63.24 63.23 63.23 63.23 63.23 63.22 63.22 63.22 63.22
27.78 27.74 26.34 26.79 26.77 26.77 26.61 26.97 26.21 25.63 24.16 24.03
2.24 2.22 3.11 3.19 3.07 3.09 3.05 1.23 4.60 5.02 5.93 6.05
6.74 6.80 7.32 6.78 6.93 6.91 7.11 8.58 5.97 6.13 6.69 6.70

Documents

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