Gillette India Ltd.
•2026-08-21
PROS
- Company is almost debt free
- Working capital cycle has improved - days down from 67 to 42
- Offers a healthy dividend yield of 3.2%
- Company converts assets efficiently - asset turnover of 2.1x
CONS
- Contingent liabilities are large at 120.6% of net worth
- Stock is trading at 25.4x its book value
- Dividend payout exceeds earnings (119.5%) - may be unsustainable
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | HINDUNILVR | 2016.00 | 31.67 | 473677.60 | 2.03 | 2680.00 | -3.18 | 17341.00 | 6.24 | 28.98 | 22.76 |
| 2. | GODREJCP | 930.00 | 49.73 | 95167.36 | 2.15 | 504.52 | 11.51 | 4225.47 | 16.02 | 17.96 | 18.96 |
| 3. | DABUR | 398.50 | 35.85 | 70692.19 | 2.07 | 586.16 | 15.32 | 3764.39 | 10.57 | 21.37 | 19.68 |
| 4. | COLPAL | 1876.00 | 117.54 | 51024.50 | 2.56 | 3430.80 | 970.05 | 16033.00 | 1018.01 | 110.06 | 30.12 |
| 5. | CUPID | 284.30 | 278.28 | 38228.70 | 0.00 | 441.49 | 2841.89 | 1569.80 | 2524.64 | 17.04 | 39.70 |
| 6. | PGHH | 8238.40 | 0.00 | 26742.45 | 3.10 | 126.27 | -34.25 | 891.46 | -4.67 | 157.81 | 19.08 |
| 7. | GILLETTE | 7505.55 | 0.00 | 24457.00 | 3.20 | 159.45 | 9.44 | 783.02 | 10.80 | 90.62 | 29.09 |
| 8. | EMAMILTD | 400.80 | 23.38 | 17494.92 | 2.50 | 138.94 | -15.41 | 1039.21 | 14.95 | 29.54 | 21.61 |
| 9. | GALAXYSURF | 2361.50 | 23.66 | 8372.64 | 0.93 | 165.92 | 108.73 | 1781.90 | 39.44 | 13.39 | 13.99 |
| 10. | JYOTHYLAB | 207.80 | 20.60 | 7630.72 | 1.68 | 76.27 | -2.41 | 666.96 | 1.06 | 30.71 | 15.49 |
| 11. | SFL | 678.00 | 34.52 | 7403.98 | 0.15 | 62.34 | 770.67 | 1031.94 | 25.63 | 6.76 | 10.85 |
| 12. | SAFARI | 1481.95 | 43.99 | 7261.16 | 0.27 | 47.75 | -5.43 | 588.58 | 11.51 | 21.55 | 12.81 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 619 | 668 | 639 | 681 | 645 | 782 | 686 | 767 | 707 | 811 | 790 | 792 | 783 | |
| 476 | 530 | 483 | 519 | 470 | 591 | 503 | 542 | 496 | 603 | 542 | 515 | 574 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 5 | 9 | 7 | 6 | 5 | 7 | 9 | 12 | 7 | 9 | 8 | 5 | 5 |
| Interest | 3 | 1 | 4 | 4 | 4 | 1 | 4 | 3 | 1 | 4 | 4 | 3 | 1 |
| Depreciation | 22 | 20 | 21 | 21 | 21 | 19 | 21 | 25 | 20 | 20 | 19 | 19 | 18 |
| 124 | 125 | 139 | 143 | 155 | 177 | 167 | 210 | 195 | 193 | 232 | 260 | 214 | |
| Tax % | 25.79% | 25.94% | 25.24% | 30.62% | 25.29% | 24.96% | 24.63% | 24.35% | 25.45% | 25.46% | 25.71% | 25.97% | 25.50% |
| Net Profit | 92 | 93 | 104 | 99 | 116 | 133 | 126 | 159 | 146 | 144 | 172 | 193 | 159 |
| 28 | 28 | 32 | 30 | 36 | 41 | 39 | 49 | 45 | 44 | 53 | 59 | 5 | |
| Equity Capital | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
- 619
- 476
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 3
- Depreciation
- 22
- 124
- Tax %
- 25.79%
- Net Profit
- 92
- 28
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 668
- 530
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 1
- Depreciation
- 20
- 125
- Tax %
- 25.94%
- Net Profit
- 93
- 28
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 639
- 483
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 4
- Depreciation
- 21
- 139
- Tax %
- 25.24%
- Net Profit
- 104
- 32
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 681
- 519
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 4
- Depreciation
- 21
- 143
- Tax %
- 30.62%
- Net Profit
- 99
- 30
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 645
- 470
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 4
- Depreciation
- 21
- 155
- Tax %
- 25.29%
- Net Profit
- 116
- 36
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 782
- 591
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 1
- Depreciation
- 19
- 177
- Tax %
- 24.96%
- Net Profit
- 133
- 41
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 686
- 503
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 4
- Depreciation
- 21
- 167
- Tax %
- 24.63%
- Net Profit
- 126
- 39
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 767
- 542
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 3
- Depreciation
- 25
- 210
- Tax %
- 24.35%
- Net Profit
- 159
- 49
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 707
- 496
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 1
- Depreciation
- 20
- 195
- Tax %
- 25.45%
- Net Profit
- 146
- 45
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 811
- 603
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 4
- Depreciation
- 20
- 193
- Tax %
- 25.46%
- Net Profit
- 144
- 44
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 790
- 542
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 4
- Depreciation
- 19
- 232
- Tax %
- 25.71%
- Net Profit
- 172
- 53
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 792
- 515
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 3
- Depreciation
- 19
- 260
- Tax %
- 25.97%
- Net Profit
- 193
- 59
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 783
- 574
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 1
- Depreciation
- 18
- 214
- Tax %
- 25.50%
- Net Profit
- 159
- 5
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|
| 2,235 | 3,100 | 3,176 | |
| 1,636 | 2,157 | 2,234 | |
| Operating Profit | 627 | 971 | — |
| OPM % | 28 | 31 | — |
| Other Income | 28 | 28 | 26 |
| Interest | 9 | 12 | 12 |
| Depreciation | 64 | 79 | 76 |
| 554 | 880 | 899 | |
| Tax % | 25 | 26 | 26 |
| Net Profit | 418 | 654 | 668 |
| EPS | 128 | 201 | — |
| Dividend Payout % | 87 | 120 | — |
| Minority Interest | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 |
| Adjusted EPS | 128 | 201 | — |
| Minority Interest | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 |
| Adjusted EPS | 128 | 201 | — |
- 2,235
- 1,636
- Operating Profit
- 627
- OPM %
- 28
- Other Income
- 28
- Interest
- 9
- Depreciation
- 64
- 554
- Tax %
- 25
- Net Profit
- 418
- EPS
- 128
- Dividend Payout %
- 87
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 128
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 128
- 3,100
- 2,157
- Operating Profit
- 971
- OPM %
- 31
- Other Income
- 28
- Interest
- 12
- Depreciation
- 79
- 880
- Tax %
- 26
- Net Profit
- 654
- EPS
- 201
- Dividend Payout %
- 120
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 201
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 201
- 3,176
- 2,234
- Operating Profit
- —
- OPM %
- —
- Other Income
- 26
- Interest
- 12
- Depreciation
- 76
- 899
- Tax %
- 26
- Net Profit
- 668
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- 5%
- 5 Years:
- 5%
- 3 Years:
- 11%
- 1 Year:
- -29%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- Last Year:
- 68%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2025 | Mar 2026 | |
|---|---|---|
| LIABILITIES | - | - |
| Equity Capital | 33 | 33 |
| 974 | 898 | |
| Trade Payables | 651 | 669 |
| 195 | 203 | |
| Total Liabilities | 1,853 | 1,803 |
| ASSETS | - | - |
| 342 | 304 | |
| Capital Work in Progress | 17 | 33 |
| 453 | 520 | |
| 379 | 398 | |
| Cash & Bank | 419 | 269 |
| 242 | 279 | |
| Total Assets | 1,853 | 1,803 |
| Total Debt | 0 | 0 |
| Net Working Capital | 501 | 444 |
| Contingent Liabilities | 2,349 | 1,141 |
| Book Value per Share | 308.95 | 285.64 |
| Face Value | 10.00 | 10.00 |
| Total Debt | 0 | 0 |
| Net Working Capital | 501 | 444 |
| Contingent Liabilities | 2,349 | 1,141 |
| Book Value per Share | 308.95 | 285.64 |
| Face Value | 10.00 | 10.00 |
- Equity Capital
- 33
- 974
- Trade Payables
- 651
- 195
- Total Liabilities
- 1,853
- 342
- Capital Work in Progress
- 17
- 453
- 379
- Cash & Bank
- 419
- 242
- Total Assets
- 1,853
- Total Debt
- 0
- Net Working Capital
- 501
- Contingent Liabilities
- 2,349
- Book Value per Share
- 308.95
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 501
- Contingent Liabilities
- 2,349
- Book Value per Share
- 308.95
- Face Value
- 10.00
- Equity Capital
- 33
- 898
- Trade Payables
- 669
- 203
- Total Liabilities
- 1,803
- 304
- Capital Work in Progress
- 33
- 520
- 398
- Cash & Bank
- 269
- 279
- Total Assets
- 1,803
- Total Debt
- 0
- Net Working Capital
- 444
- Contingent Liabilities
- 1,141
- Book Value per Share
- 285.64
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 444
- Contingent Liabilities
- 1,141
- Book Value per Share
- 285.64
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 328 | 607 | |
| Cash from Investing | -27 | -16 |
| Cash from Financing | -358 | -740 |
| -58 | -149 | |
| Free Cash Flow | 328 | 553 |
| OCF / Net Profit | 0.78 | 0.93 |
| Cumulative 5-Year FCF | 0 | 0 |
| OCF / Net Profit | 0.78 | 0.93 |
| Cumulative 5-Year FCF | 0 | 0 |
- 328
- Cash from Investing
- -27
- Cash from Financing
- -358
- -58
- Free Cash Flow
- 328
- OCF / Net Profit
- 0.78
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.78
- Cumulative 5-Year FCF
- 0
- 607
- Cash from Investing
- -16
- Cash from Financing
- -740
- -149
- Free Cash Flow
- 553
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2025 | Mar 2026 | |
|---|---|---|
| PER SHARE | - | - |
| EPS (₹) | 128.16 | 200.77 |
| Book Value (₹) | 308.95 | 285.64 |
| Dividend per Share (₹) | 112.00 | 240.00 |
| Cash EPS (₹) | 147.88 | 224.87 |
| PROFITABILITY | - | - |
| Operating Margin % | 21.88% | 24.39% |
| Net Margin % | 15.26% | 16.93% |
| ROE % | 42.71% | 67.53% |
| ROCE % | 56.42% | 90.62% |
| 23.01% | 35.79% | |
| EFFICIENCY | - | - |
| Debtor Days | 44 | 37 |
| Inventory Days | 57 | 46 |
| Payable Days | 257 | 212 |
| -157 | -130 | |
| FINANCIAL HEALTH | - | - |
| Debt to Equity (x) | 0.00x | 0.00x |
| Interest Coverage (x) | 66.12x | 74.00x |
| 1.64x | 1.54x | |
| GROWTH | - | - |
| Revenue Growth % | -15.12% | 38.69% |
| Operating Profit Growth % | -4.65% | 54.87% |
| Net Profit Growth % | 1.45% | 56.66% |
| 1.45% | 56.66% | |
| VALUATION | - | - |
| P/E (x) | 62.58x | 36.11x |
| P/B (x) | 25.96x | 25.38x |
| Dividend Yield % | 1.40% | 3.31% |
| 41.02x | 24.06x |
- EPS (₹)
- 128.16
- Book Value (₹)
- 308.95
- Dividend per Share (₹)
- 112.00
- Cash EPS (₹)
- 147.88
- Operating Margin %
- 21.88%
- Net Margin %
- 15.26%
- ROE %
- 42.71%
- ROCE %
- 56.42%
- 23.01%
- Debtor Days
- 44
- Inventory Days
- 57
- Payable Days
- 257
- -157
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 66.12x
- 1.64x
- Revenue Growth %
- -15.12%
- Operating Profit Growth %
- -4.65%
- Net Profit Growth %
- 1.45%
- 1.45%
- P/E (x)
- 62.58x
- P/B (x)
- 25.96x
- Dividend Yield %
- 1.40%
- 41.02x
- EPS (₹)
- 200.77
- Book Value (₹)
- 285.64
- Dividend per Share (₹)
- 240.00
- Cash EPS (₹)
- 224.87
- Operating Margin %
- 24.39%
- Net Margin %
- 16.93%
- ROE %
- 67.53%
- ROCE %
- 90.62%
- 35.79%
- Debtor Days
- 37
- Inventory Days
- 46
- Payable Days
- 212
- -130
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 74.00x
- 1.54x
- Revenue Growth %
- 38.69%
- Operating Profit Growth %
- 54.87%
- Net Profit Growth %
- 56.66%
- 56.66%
- P/E (x)
- 36.11x
- P/B (x)
- 25.38x
- Dividend Yield %
- 3.31%
- 24.06x
Documents
Announcements
- General Updates
2026-08-08 - Gillette India Limited has informed the Exchange about the Business Responsibility and Sustainability Report for the Financial Year 2025-26
- Shareholders meeting
2026-08-08 - Gillette India Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 31, 2026, as attached.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jun 2026
Jun 2025
Sep 2024

