Gillette India Ltd logo

Gillette India Ltd

GILLETTE NSE

Key Fundamentals

SmallcapPersonal CareConsumer Goods
Market Cap
₹24,582 Cr
Volatility
Moderate
P/E Ratio
36.67
EBITDA
₹971 Cr
Return on Equity
69.13%
Debt to Equity
0
Book Value
₹290.41
EPS
₹118.9
52W High
₹10,740
52W Low
₹7,206

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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35 extracted metrics + investor summaries across FY17–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

5
  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 23.2% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 49.0%
  • Company has been maintaining a healthy dividend payout of 94.9%

Weaknesses

1
  • Stock is trading at 26.1 times its book value

Growth Rate

Revenue Growth
38.21%
Net Income Growth
56.64%
Cash Flow Change
85.04%
ROE
69.35%
ROCE
70.73%
EBITDA Margin (Avg.)
12.05%

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 5d ago
AI opinion · based on fundamentals
Risk medium

Gillette India Ltd is a debt-free consumer goods company with a market cap of Rs 24,810 Cr, trading at a PE of 37x and PB of 26.1x. The company has delivered 23% CAGR profit growth over 5 years with a 3-year ROE of 49%, but its stock has declined 28% over the past year despite continued operational growth.

Bull Case 8
  • Exceptional return on equity with 3-year average ROE of 49% and last year ROE of 67%, indicating highly efficient capital deployment
  • Strong profit compounding at 23% CAGR over 5 years and 31% CAGR over 3 years, significantly outpacing sales growth
  • Virtually debt-free balance sheet providing financial resilience and flexibility for future investments
  • Healthy dividend payout ratio of 94.9% with a current dividend yield of 3.16%, attractive for income-oriented investors in the consumer goods space
  • Consistent sales growth with 11% CAGR over 3 years and 13% CAGR over 5 years, reflecting demand resilience
  • TTM profit growth of 19% demonstrates continued earnings momentum even on a higher base
  • 10-year profit CAGR of 14% shows long-term structural earnings growth through multiple economic cycles
  • Backed by Procter & Gamble parentage providing global brand strength, R&D access, and product innovation pipeline
Bear Case 8
  • Stock trading at 26.1x book value is extremely expensive, leaving little margin of safety for investors
  • Stock price has declined 28% over the past 1 year, indicating significant de-rating by the market despite earnings growth
  • PE ratio of 37x is elevated for a company delivering only 8% TTM sales growth, suggesting stretched valuations relative to top-line momentum
  • 10-year stock CAGR of only 5% despite 14% profit CAGR over the same period suggests persistent valuation compression over long horizons
  • TTM sales growth of 8% is decelerating from the 5-year CAGR of 13%, pointing to potential volume or pricing headwinds
  • Limited diversification as a grooming-focused company in a niche consumer segment exposed to competitive disruption from D2C brands
  • 5-year stock CAGR of just 5% versus 23% profit CAGR indicates the market has been unwilling to sustain premium multiples
  • High payout ratio of 94.9% leaves minimal retained earnings for organic growth or acquisitions, constraining reinvestment capacity

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 17h ago
Positives 2
  • ₹60 dividend recommended for FY26 Aug 8

    Gillette India's FY26 Annual Report recommends a ₹60 final dividend per share, signaling strong cash generation and shareholder returns.

  • New executive director appointed Jul 30

    Robin Thadathil appointed as Additional (Executive) Director effective August 1, 2026, bringing 16+ years of global HR experience at P&G to strengthen leadership.

Neutral 1
  • FY26 BRSR report filed Aug 8

    Gillette India submitted its Business Responsibility & Sustainability Report for FY26, covering ESG metrics and governance disclosures for the period ended March 31, 2026.

TL;DR: Gillette India is delivering steady shareholder returns with a healthy ₹60 dividend and strengthening its leadership bench through experienced P&G talent. No visible headwinds in recent filings. The trend is stable with routine corporate governance actions suggesting business-as-usual confidence heading into FY27.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
619
668
639
681
645
782
686
767
707
811
790
792
783
Expenses
476
530
483
519
470
591
503
542
496
603
542
515
555
Operating Profit
144
138
157
161
176
190
183
226
210
208
248
277
228
OPM %
23%
21%
25%
24%
27%
24%
27%
29%
30%
26%
31%
35%
29%
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
PBT
124
125
139
143
155
177
167
210
195
193
232
260
214
Tax %
26%
26%
25%
31%
25%
25%
25%
24%
25%
25%
26%
26%
26%
Net Profit
92
93
104
99
116
133
126
159
146
144
172
193
159
EPS in Rs
28.16
28.45
31.9
30.41
35.59
40.82
38.66
48.7
44.71
44.08
52.93
59.08
48.93
Figures in ₹ Crores

Profit & Loss

  Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Mar 2025Mar 2026TTM
Sales
1,875
1,755
1,733
1,677
1,862
1,679
1,982
2,256
2,477
2,633
2,235
3,100
3,176
Expenses
1,684
1,448
1,348
1,290
1,478
1,319
1,522
1,773
1,937
1,995
1,635
2,156
2,215
Operating Profit
191
306
385
387
384
360
460
483
540
638
600
944
961
OPM %
10%
17%
22%
23%
21%
21%
23%
21%
22%
24%
27%
30%
30%
Other Income
68
50
34
8
11
11
32
7
22
20
27
27
26
Interest
5
6
7
7
8
5
5
11
8
13
9
12
12
Depreciation
39
30
38
42
48
51
58
68
81
83
64
79
76
PBT
215
320
374
345
339
314
429
411
473
562
554
880
899
Tax %
26%
33%
32%
34%
25%
27%
28%
30%
25%
27%
25%
26%
Net Profit
158
214
253
229
253
230
310
289
356
412
418
654
668
EPS in Rs
48.53
65.73
77.67
70.29
77.62
70.64
95.25
88.79
109
126
128
201
205
Div. Payout %
31%
60%
211%
33%
57%
69%
125%
78%
78%
103%
87%
120%
Figures in ₹ Crores

Balance Sheet

  Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Mar 2025Mar 2026
Equity Capital
33
33
33
33
33
33
33
33
33
33
33
33
Reserves
710
904
468
662
746
879
756
829
956
939
991
914
Borrowings
0
0
0
0
0
0
0
0
0
0
0
0
Other Liabilities
468
488
498
515
432
441
606
758
927
859
895
925
Total Liabilities
1,210
1,424
998
1,209
1,210
1,352
1,395
1,619
1,916
1,831
1,918
1,871
Fixed Assets
156
178
214
264
300
296
310
363
389
347
342
304
CWIP
63
88
63
40
25
21
72
65
32
26
17
33
Investments
0
0
0
0
0
0
0
0
0
0
0
0
Other Assets
991
1,158
721
904
886
1,034
1,013
1,191
1,494
1,458
1,558
1,534
Total Assets
1,210
1,424
998
1,209
1,210
1,352
1,395
1,619
1,916
1,831
1,918
1,871
Figures in ₹ Crores

Cash Flow

  Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Mar 2025Mar 2026
Operating
172
279
248
237
134
225
443
462
463
509
328
607
Investing
-103
155
14
-77
-65
-29
-79
-112
-67
-49
-27
-16
Financing
-58
-79
-684
-39
-165
-105
-430
-225
-231
-440
-358
-740
Net Cash Flow
12
356
-422
121
-95
91
-66
125
164
20
-58
-149
Free Cash Flow
116
213
190
156
59
190
353
345
384
442
284
564
CFO/OP
132
137
102
87
73
85
121
121
109
103
81
89
Figures in ₹ Crores

Ratios

  Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Mar 2025Mar 2026
Debtor Days
23
23
27
38
36
41
36
43
47
38
62
47
Inventory Days
87
104
103
105
104
136
152
130
127
131
181
167
Days Payable
116
137
150
173
126
138
169
193
209
212
260
215
Cash Conversion Cycle
-6
-10
-19
-30
15
40
19
-20
-35
-43
-17
-1
Working Capital Days
49
-10
-17
-18
15
35
14
0
-4
-7
13
21
ROCE %
35%
39%
54%
60%
48%
38%
51%
51%
52%
59%
56%
91%

Shareholding Pattern

As of Jun 2026
Promoters 75.00%
DIIs 8.76%
Public 7.16%
Others 4.74%
FIIs 4.33%
Government 0.01%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.61%
0.00%
0.71%
1.84%
3.26%
4.10%
4.33%
4.83%
5.01%
4.78%
4.36%
4.33%
DIIs
10.69%
10.68%
10.54%
10.48%
10.34%
10.43%
10.36%
10.16%
10.79%
11.30%
11.08%
10.95%
12.83%
12.08%
10.79%
9.95%
9.88%
9.59%
9.15%
8.88%
9.25%
8.76%
Government
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%
0.00%
0.00%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
Public
5.64%
5.71%
5.71%
5.76%
5.79%
5.69%
5.61%
5.69%
5.99%
6.25%
6.42%
6.27%
6.43%
6.23%
6.16%
6.21%
6.06%
5.90%
6.13%
6.60%
6.76%
7.16%
Others
8.67%
8.61%
8.76%
8.77%
8.87%
8.88%
9.04%
9.16%
8.23%
7.46%
6.89%
7.79%
5.03%
4.85%
4.79%
4.74%
4.72%
4.67%
4.71%
4.73%
4.62%
4.74%
No. of Shareholders
47,662
48,276
48,217
49,869
51,031
49,762
47,762
47,615
48,189
50,906
50,836
49,675
51,118
47,721
50,730
51,396
52,134
49,531
52,984
60,907
62,885
66,389

Documents

Frequently Asked Questions about Gillette India Ltd

What does Gillette India Ltd do?
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. Gillette sells razors and blades, shaving gel, shaving cream, and after shave through various modes like drug stores, departmen...
Where is Gillette India Ltd (GILLETTE) listed?
Gillette India Ltd is listed on the Indian stock exchanges. It is listed on NSE: GILLETTE and BSE: 507815. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Gillette India Ltd belong to?
Gillette India Ltd operates in the Consumer Goods sector within the Personal Care industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Gillette India Ltd?
Gillette India Ltd has a market capitalisation of approximately ₹24582.29 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Gillette India Ltd?
The Price-to-Earnings (PE) ratio of Gillette India Ltd is 36.67. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Gillette India Ltd?
Over the past 52 weeks, Gillette India Ltd has traded between a low of ₹7,206 and a high of ₹10,740. This range helps investors understand the stock's price volatility and recent trading levels.
Does Gillette India Ltd pay dividends?
Yes, Gillette India Ltd has a dividend yield of 3.17%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Gillette India Ltd?
Gillette India Ltd has a Return on Equity (ROE) of 69.13%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Gillette India Ltd on Tapetide?
On Tapetide, you can view Gillette India Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

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. Gillette sells razors and blades, shaving gel, shaving cream, and after shave through various modes like drug stores, departmental stores, grocery stores, mass merchandisers, membership club stores. [1]

Website pg.com/en_IN
CEO Mr. Kumar Venkatasubramanian
Employees 513
Listed 2003-07-30
Face Value ₹ 10
Issued Size 3,25,85,217

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