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Gillette India Ltd

NSE: GILLETTE BSE: 507815FMCG

Gillette India Limited is engaged in the manufacturing and selling of packaged fast moving consumer goods under its various brands in the grooming and oral care segment.

7,696
52W: ₹7206 — ₹11505
PE 40.4 · Book ₹357 · +2056% vs book
Market Cap₹25,081 Cr
Stock P/E40.4Price to Earnings
ROCE56.1%Return on Capital
ROE41.6%Return on Equity
Div. Yield1.57%Face Value ₹10

Strengths

  • +Company is almost debt free.
  • +Company has a good return on equity (ROE) track record: 3 Years ROE 38.6%
  • +Company has been maintaining a healthy dividend payout of 81.0%

Weaknesses

  • Stock is trading at 21.6 times its book value
  • The company has delivered a poor sales growth of 3.72% over past five years.
  • Debtor days have increased from 50.8 to 61.9 days.

Shareholding Pattern

Promoters75%
FIIs4.36%
DIIs9.25%
Public11.39%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters75%75%75%75%75%75%75%75%
FIIs1.84%3.27%1.44.11%0.84.33%0.24.82%0.55.01%0.24.77%0.24.36%0.4
DIIs12.08%10.79%1.39.95%0.89.89%0.19.6%0.39.15%0.48.89%0.39.25%0.4
Public11.08%10.96%0.110.94%0.010.78%0.210.58%0.210.83%0.311.33%0.511.39%0.1

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales668639681645782686767707811790
Expenses530483519470591503542496603542
Operating Profit138157161176190183226210208248
OPM %21%25%24%27%24%27%29%30%26%31%
Net Profit9310499116133126159146144172
EPS ₹28.4531.930.4135.5940.8238.6648.744.7144.0852.93

AI Insights

Revenue Trend

TTM revenue at ₹3,075Cr, up 37.6% YoY. OPM at 29%.

Debt Position

Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.

Capex Cycle

CWIP at ₹31Cr (10% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 9.25% (-2.04pp change). FIIs: 4.36% (+3.70pp change). Promoters hold 75%.

Margin & Efficiency

ROCE improving from 12% (Jun 2014) to 56% (Mar 2025). Working capital days: 13.

Valuation

PE 40.4x with 56.1% ROCE. Price is 2056% above book value of ₹357. Dividend yield: 1.57%.

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