Gillette: To be or notů - 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?  

Gillette: To be or notů

Dec 22, 2003

Shaving products major, Gillette India, has had a strong run on the bourses in recent times. The company's stock price has almost doubled over the last one year. The investor interest in the company is not surprising, owing to the fact that Gillette is now reaping the benefits of the restructuring it had been undergoing over the past 3 years. We have a look at the company's recent performance and our take on its prospects.

(Rs m) 3QFY03 3QFY04 Change 9mFY03 9mFY04 Change
Net Sales 1,068 925 -13.3% 2,909 2,736 -5.9%
Other Income 9 42 367.8% 57 101 76.9%
Expenditure 889 644 -27.6% 2,584 1,953 -24.5%
Operating Profit (EBDIT) 179 281 57.6% 325 784 141.3%
Operating Profit Margin (%) 16.7% 30.4%   11.2% 28.6%  
Interest 11 - -100.0% 39 0 -99.7%
Depreciation 47 46 -3.8% 149 132 -11.4%
Profit before Tax 130 278 114.5% 195 753 286.6%
Extraordinary items - - - - -21  
Tax 49 108 122.2% 97 293 201.9%
Profit after Tax/(Loss) 81 170 109.9% 98 440 349.0%
Net profit margin (%) 7.6% 18.4%   3.4% 16.1%  
No. of Shares (eoy) (m) 32.6 32.6   32.6 32.6  
Diluted Earnings per share (Rs)* 9.9 20.9   4.0 18.0  
P/E ratio (x)   35.5     41.1  
*(annualised)            

To Read the Full Story, Subscribe or Sign In
To Read the Full Story, Subscribe or Sign In


Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

GILLETTE INDIA SHARE PRICE


Sep 18, 2020 (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 8-QTR ANALYSIS

COMPARE GILLETTE INDIA WITH

MARKET STATS