Gillette India Ltd - Stock Valuation and Financial Performance

BSE: 507815 | NSE: GILLETTE | Household & Personal Products | Small Cap

Gillette India Share Price

9,805.80 62.20 0.64%
as on 03-Dec'24 16:59

DeciZen - make an informed investing decision on Gillette India

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Gillette India stock performance -

mw4me loader
P/E Ratio (SA):
70.24
Market Cap:
31,749.7 Cr.
52-wk low:
5,949.5
52-wk high:
10,652.1

Is Gillette India Ltd an attractive stock to invest in?

1. Is Gillette India Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Gillette India Ltd is a good quality company.

2. Is Gillette India Ltd undervalued or overvalued?

The key valuation ratios of Gillette India Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Gillette India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Gillette India Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Gillette India:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Gillette India Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Jun'15Jun'16Jun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24TTM
ROCE % 23.3%37.1%53%58.9%47.1%37.8%51.1%51.1%52%58.3%-
Value Creation
Index
0.71.82.94.23.21.82.82.82.94.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,8751,7551,7341,6771,8621,6792,0092,2562,4772,6332,747
Sales YoY Gr.--6.4%-1.2%-3.3%11%-9.8%19.7%12.3%9.8%6.3%-
Adj EPS 36.162.678.573.177.771.696.390.1109.7128.9138.7
YoY Gr.-73.3%25.4%-6.8%6.3%-7.9%34.6%-6.5%21.8%17.5%-
BVPS (₹) 227.8286.8152.7211.8237.3277.5239.3260.3297.6291.1332
Adj Net
Profit
118204256238253233314293357420452
Cash Flow from Ops. 172279248237134225443462463509-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.9%7.2%9.4%6.3%
Adj EPS 15.2%10.6%10.2%17.5%
BVPS2.8%4.2%6.8%-2.2%
Share Price 11.3% 7.6% 22.1% 55.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Jun'15Jun'16Jun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24TTM
Return on
Equity %
1724.335.639.934.427.636.935.638.642.844.5
Op. Profit
Mgn %
9.917.822.223.520.521.623.221.621.824.324.8
Net Profit
Mgn %
6.311.614.814.213.613.915.61314.41616.5
Debt to
Equity
0000000000-
Working Cap
Days
14114512213513416214511511410982
Cash Conv.
Cycle
3-6-16-1811710-20-34-4031

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 44.50%

Net Profit is growing at healthy rate in last 3 years 10.18%

Sales growth has been subdued in last 3 years 9.43%

Sales growth is not so good in last 4 quarters at 8.66%

Latest Financials - Gillette India Ltd.

Standalone Consolidated
TTM EPS (₹) 138.7 -
TTM Sales (₹ Cr.) 2,747 -
BVPS (₹.) 332 -
Reserves (₹ Cr.) 1,049 -
P/BV 29.35 -
PE 70.24 -
From the Market
52 Week Low / High (₹) 5949.50 / 10652.10
All Time Low / High (₹) 40.00 / 10652.10
Market Cap (₹ Cr.) 31,750
Equity (₹ Cr.) 32.6
Face Value (₹) 10
Industry PE 63.9

Management X-Ray of Gillette India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Gillette India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSJun'15Jun'16Jun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24
Sales1,8751,7551,7341,6771,8621,6792,0092,2562,4772,633
Operating Expenses 1,7151,4501,3521,2951,4831,3201,5501,7751,9402,006
Manufacturing Costs8499106107116116118146158178
Material Costs8458547866938197628811,0491,1881,101
Employee Cost 114106110118108119143150170187
Other Costs 672391350377440323408430424539
Operating Profit 160306381382379359460481537627
Operating Profit Margin (%) 8.5%17.4%22.0%22.8%20.3%21.4%22.9%21.3%21.7%23.8%
Other Income 4036381316113392426
Interest 56778551189
Depreciation 39303842485158688183
Exceptional Items 0000000000
Profit Before Tax 156306374345339314429411473562
Tax 571061211168684119122117151
Profit After Tax 100199253229253230310289356412
PAT Margin (%) 5.3%11.4%14.6%13.7%13.6%13.7%15.4%12.8%14.4%15.6%
Adjusted EPS (₹)30.661.177.770.377.670.695.288.8109.1126.3
Dividend Payout Ratio (%)49%65%211%33%57%69%125%78%78%103%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSJun'15Jun'16Jun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24

Equity and Liabilities

Shareholders Fund 742935498690773904780848970949
Share Capital 33333333333333333333
Reserves 710902465658741872747816937916
Minority Interest0000000000
Debt0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables268321323329282287408555680639
Others Liabilities 192154159173123137179182220190
Total Liabilities 1,2021,4099791,1931,1781,3291,3671,5861,8701,777

Fixed Assets

Gross Block443197257374456503574695800834
Accumulated Depreciation2861943109156207264332411487
Net Fixed Assets156178214264300296310363389347
CWIP 63886340252172653226
Investments 0000000000
Inventories202245222200234284367373412396
Trade Receivables117110130176182191198267320274
Cash Equivalents 181537116237142232166291456476
Others Assets483252234275295304255226260259
Total Assets 1,2021,4099791,1931,1781,3291,3671,5861,8701,777

Cash Flow

(All Figures are in Crores.)
PARTICULARSJun'15Jun'16Jun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24
Cash Flow From Operating Activity 172279248237134225443462463509
PBT 246328374345339314429411473562
Adjustment 5051248445663778080
Changes in Working Capital -44856-55-104-6363973518
Tax Paid -80-139-145-101-146-81-112-124-126-151
Cash Flow From Investing Activity -10315514-77-65-29-79-112-67-49
Capex -56-66-58-81-75-36-90-116-79-67
Net Investments 0000000000
Others -462217141171141218
Cash Flow From Financing Activity -58-79-684-39-165-105-430-225-231-440
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -1-1-20000000
Dividend Paid -49-65-567-33-137-81-430-225-231-440
Others -8-13-115-7-28-240000
Net Cash Flow 12356-422121-9591-6612516420
PARTICULARSJun'15Jun'16Jun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24
Ratios
ROE (%)14.3723.7635.3438.5634.5627.4436.8635.5439.1342.92
ROCE (%)23.2537.0653.0358.9347.1237.8151.1351.1351.9658.25
Asset Turnover Ratio1.671.361.51.541.571.341.491.821.731.76
PAT to CFO Conversion(x)1.721.40.981.030.530.981.431.61.31.24
Working Capital Days
Receivable Days20232533354135323634
Inventory Days42464846435659504846
Payable Days113126149172136136144168190219

Gillette India Ltd Stock News

Gillette India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Gillette India on 03-Dec-2024 16:59 is ₹9,805.8.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Dec-2024 16:59 the market cap of Gillette India stood at ₹31,749.7.
The latest P/E ratio of Gillette India as of 03-Dec-2024 16:59 is 70.24.
The latest P/B ratio of Gillette India as of 03-Dec-2024 16:59 is 29.35.
The 52-week high of Gillette India is ₹10,652.1 and the 52-week low is ₹5,949.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Gillette India is ₹2,747 ( Cr.) .

About Gillette India Ltd

Gillette India Ltd. is a renowned player in FMCG industry. The company is in the business of manufacturing Blades and Razors and Oral care. The Company's manufacturing units are located at Bhiwadi in Rajasthan and Baddi in Himachal Pradesh. The   Company’s   products   have   a   national   presence   and  some  of  the  products  are  also  exported  to  other  countries.

Business area of the company

Gillette India is engaged in the manufacturing and sale of branded packaged fast moving consumer goods (FMCG) in the grooming, portable power and oral care businesses.  The Company's segments are Grooming and Oral Care. The Grooming segment includes shaving system and cartridges, blades, toiletries and components. The Oral Care segment includes tooth brushes, toothpaste and oral care products. Its geographical segments include Within India and Outside India.

Products of the company

It offers products, such as Razors, Trimmers & Blades, which include ProGlide Razors, Fusion Razors, MACH3 Razors, BODY Razors, Disposable Razors, Replacement Blades and Trimmers, and Pre and Post Shave products, including Shaving Creams, Gels & Foams, and Skin Care & Aftershaves. Its products are sold through mass merchandisers, grocery stores, membership club stores, drug stores, department stores and frequency stores.

Milestone

  • 1984- Company was incorporated as Indian Shaving Products.
  • 1990-91- In order to manufacture 7 O'clock Ejtek PII Twin Blade Shaving System, company expanded it capacity.
  • 1993- On February, company launched Gillette Shaving Products.
  • 1995-96- Gillette India introduced readyshaver under the brand name 7 O'clock Ready II.
  • 1995-96- Company entered into distribution agreement and launched internationally known brand Oral B.
  • 2000- Company rechristened as Gillette India after merger of Duracell (India) and Wilkinson Sword India with itself.
  • 2001- Company introduced product line namely Gillette Series Arctic Ice.The same year company launched the Gillette Series Satin Care for Women Wild Berry Line, the Cool Blue Mach 3 and Gillette Centennial Packs.
  • 2003-Gillette Vector Plus and Ultra M3AA batteries were launched.
  • 2004-Gillette Mach3 Turbo- triple blade shaving system was launched.
  • 2005-Gillette Company, USA was acquired by Procter & Gamble Company, USA. Gillette India became part of Procter & Gamble Company, USA.
  • 2006-07- In order to manufacture blades and razors, the company established a manufacturing unit at at Baddi in Himachal Pradesh.
  • 2014- Gillette changes the landscape of manscaping with the first razor built for the male terrain-Gillette Body.                                   
  • 2014- Gillette Fusion Proglide with FlexBall Technology Razor is the next evolution in the shaving revolution- a pivoting razor built to maximize contact with every contour of a man’s face.
  • 2016 - The company has launched next Innovation Venus Breeze, a 2 in 1 product with moisturizing gel bars to further accelerate this category
  • 2017 - The company has launched a new product ‘Simply Venus’, a 3-blade disposable razor, catering to the grooming needs of female consumers.
  • 2017 - The company has launched India’s first Neem infused toothbrush.
  • 2018 - The company has launched Gillette Mach 3 Start, an entry-level premium system razor.
  • 2018 - The company has launched the entry tier rechargeable electric toothbrush ‘Oral-B Vitality’.
  • 2019 - The company has launched Gillette SkinGuard, a premium system razor that provides the smoothest shave to consumers.
  • 2019 - The company has launched the rechargeable electric toothbrush for kids featuring Star Wars and Frozen characters.
  • 2020 - Gillette launched the ‘Gillette Barber Suraksha Program', to support the barber community get back on their feet.
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