Indian Shaving Products' admirable topline growth - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Indian Shaving Products' admirable topline growth

Jul 27, 2000

Indian Shaving Products Ltd. (ISPL) has recorded a remarkable growth of 43% in its topline in the 2QFY01. However the profit margins of the company declined due to more than 100% increase in its promotional expenditure. Further higher trading purchase contributed to the drop in OPM.

(Rs m) 2QFY00 2QFY01 Change
Sales 580 828 42.7%
Other Income 10 46 374.2%
Expenditure 477 739 55.0%
Operating Profit (EBDIT) 104 90 -13.4%
Operating Profit Margin (%) 17.9% 10.9%  
Interest 11 17 47.8%
Depreciation 26 27 2.3%
Profit before Tax 76 93 21.5%
Tax 29 41 41.3%
Profit after Tax/(Loss) 47 51 9.2%
Net profit margin (%) 8.1% 6.2%  
No. of Shares (eoy) (m) 13 13  
Diluted number of shares 13 13  
Diluted Earnings per share* 14.6 15.9  
*(annualised)      

The above results are excluding the merger effect of Duracell (India) Pvt. Ltd. and Wilkinson Sword India Ltd.

ISPL is trading near to its 52 week low price of Rs 792 which translates a P/E multiple of 50 times. In the past the company's P/E was in the range of 100-130 times.

Equitymaster requests your view! Post a comment on "Indian Shaving Products' admirable topline growth ". Click here!

  

More Views on News

GILLETTE INDIA Announces Quarterly Results (3QFY21); Net Profit Up 15.2% (Quarterly Result Update)

Feb 10, 2021 | Updated on Feb 10, 2021

For the quarter ended December 2020, GILLETTE INDIA has posted a net profit of Rs 819 m (up 15.2% YoY). Sales on the other hand came in at Rs 5 bn (up 13.3% YoY). Read on for a complete analysis of GILLETTE INDIA's quarterly results.

GILLETTE INDIA Announces Quarterly Results (2QFY21); Net Profit Up 54.3% (Quarterly Result Update)

Nov 11, 2020 | Updated on Nov 11, 2020

For the quarter ended September 2020, GILLETTE INDIA has posted a net profit of Rs 953 m (up 54.3% YoY). Sales on the other hand came in at Rs 5 bn (up 11.7% YoY). Read on for a complete analysis of GILLETTE INDIA's quarterly results.

Key Points to Know Before Applying to Dodla Dairy's Public Issue (Views On News)

Jun 14, 2021

What you should know before applying to Dodla Dairy's IPO.

Bata India Rises 6% Despite Fall in Net Profit (Views On News)

Jun 10, 2021

Here's why shares of the company rose even as profits declined 23.3%.

ITC Shares Fall as Company Reports a Decline in Net Profit (Views On News)

Jun 2, 2021

The company's results show that it is yet to recover from the economic slowdown.

More Views on News

Most Popular

Hotel Stocks Will Reward Investors (Fast Profits Daily)

Jun 8, 2021

This is why I'm bullish on the hotel and hospitality sector.

My 'Unlock' Investments (Fast Profits Daily)

Jun 11, 2021

The best unlock investments you can make in the market.

The Most Visible Sign of India's Revival is on Two Wheels (Profit Hunter)

Jun 9, 2021

Investing in the best stocks could result in wealth compounding on a massive scale.

How I Discovered a 400-Year-Old Open Secret to Extreme Wealth (Profit Hunter)

Jun 11, 2021

Charlie Munger's open secret about investing success.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

GILLETTE INDIA SHARE PRICE


Jun 18, 2021 (Close)

TRACK GILLETTE INDIA

  • Track your investment in GILLETTE INDIA with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON GILLETTE INDIA

GILLETTE INDIA - VIP INDUSTRIES COMPARISON

COMPARE GILLETTE INDIA WITH

MARKET STATS