P&G HYGIENE 2019-20 Annual Report Analysis

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?  

P&G HYGIENE 2019-20 Annual Report Analysis
Tue, 26 Oct

P&G HYGIENE has announced its results for the year ended June 2020. Let us have a look at the detailed performance review of the company during FY19-20.

P&G HYGIENE Income Statement Analysis

  • Operating income during the year rose 1.9% on a year-on-year (YoY) basis.
  • The company's operating profit decreased by 0.6% YoY during the fiscal. Operating profit margins witnessed a fall and stood at 20.1% in FY as against 20.6% in FY.
  • Depreciation charges decreased by 3.8% and finance costs increased by 10.8% YoY, respectively.
  • Other income declined by 20.0% YoY.
  • Net profit for the year grew by 3.3% YoY.
  • Net profit margins during the year grew from 14.0% in FY to 14.2% in FY.

P&G HYGIENE Income Statement 2019-20

No. of Mths Year Ending 12 Jun-19* 12 Jun-20* % Change
Net Sales Rs m 29,469 30,020 1.9%
Other income Rs m 552 441 -20.0%
Total Revenues Rs m 30,020 30,461 1.5%
Gross profit Rs m 6,074 6,037 -0.6%
Depreciation Rs m 498 479 -3.8%
Interest Rs m 55 61 10.8%
Profit before tax Rs m 6,073 5,939 -2.2%
Tax Rs m 1,882 1,608 -14.6%
Profit after tax Rs m 4,191 4,331 3.3%
Gross profit margin % 20.6 20.1
Effective tax rate % 31.0 27.1
Net profit margin % 14.0 14.2
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster



EV Stocks: Which is Tanushree's Top Pick?

P&G HYGIENE Balance Sheet Analysis

  • The company's current liabilities during FY down at Rs 6 billion as compared to Rs 6 billion in FY, thereby witnessing an decrease of -7.4%.
  • Current assets rose 22% and stood at Rs 13 billion, while fixed assets fell 4% and stood at Rs 5 billion in FY.
  • Overall, the total assets and liabilities for FY stood at Rs 18 billion as against Rs 16 billion during FY, thereby witnessing a growth of 14%.

P&G HYGIENE Balance Sheet as on June 2020

No. of Mths Year Ending 12 Jun-19* 12 Jun-20* % Change
Networth Rs m 8,916 11,351 27.3
 
Current Liabilities Rs m 6,425 5,951 -7.4
Long-term Debt Rs m 0 0 0.0
Total Liabilities Rs m 15,803 17,988 13.8
 
Current assets Rs m 10,901 13,284 21.9
Fixed Assets Rs m 4,902 4,704 -4.0
Total Assets Rs m 15,803 17,988 13.8
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster



P&G HYGIENE Cash Flow Statement Analysis

  • P&G HYGIENE's cash flow from operating activities (CFO) during FY stood at Rs 5 billion, an improvement of 14.8% on a YoY basis.
  • Cash flow from investing activities (CFI) during FY stood at Rs 747 million, an improvement of 117.7% on a YoY basis.
  • Cash flow from financial activities (CFF) during FY stood at Rs -2 billion, an improvement of 39% on a YoY basis.
  • Overall, net cash flows for the company during FY stood at Rs 4 billion from the Rs 1 billion net cash flows seen during FY.

P&G HYGIENE Cash Flow Statement 2019-20

Particulars No. of months 12 12 % Change
Year Ending Jun-19 Jun-20
Cash Flow from Operating Activities Rs m 4,130 4,741 14.8%
Cash Flow from Investing Activities Rs m 343 747 117.7%
Cash Flow from Financing Activities Rs m -3,137 -1,906 -
Net Cash Flow Rs m 1,336 3,581 168.2%
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster



Current Valuations for P&G HYGIENE

  • The trailing twelve-month earnings per share (EPS) of the company stands at Rs 133.4, an improvement from the EPS of Rs 129.1 recorded last year.
  • The price to earnings (P/E) ratio, at the current price of Rs 14,490.5, stands at 72.2 times its trailing twelve months earnings.
  • The price to book value (P/BV) ratio at current price levels stands at 30.3 times, while the price to sales ratio stands at 11.5 times.
  • The company's price to cash flow (P/CF) ratio stood at 97.8 times its end-of-year operating cash flow earnings.

Per Share Data/Valuations

No. of Mths Year Ending 12 Jun-19* 12 Jun-20*
Sales per share (Unadj.) Rs 907.8 924.8
TTM Earnings per share Rs 129.1 133.4
Diluted earnings per share Rs 129.1 133.4
Price to Cash Flow x 100.3 97.8
TTM P/E ratio x 72.2 72.2
Price / Book Value ratio x 36.2 30.3
Market Cap Rs m 470,372 470,372
Dividends per share (Unadj.) Rs 88.0 105.0
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster



Ratio Analysis for P&G HYGIENE

  • Solvency Ratios
  • Current Ratio: The company's current ratio improved and stood at 2.2x during FY, from 1.7x during FY. The current ratio measures the company's ability to pay short-term and long-term obligations.

    Interest Coverage Ratio: The company's interest coverage ratio deteriorated and stood at 98.8x during FY, from 111.8x during FY. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.

  • Profitability Ratios
  • Return on Equity (ROE): The ROE for the company declined and down at 38.2% during FY, from 47.0% during FY. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.

    Return on Capital Employed (ROCE): The ROCE for the company declined and down at 52.9% during FY, from 68.7% during FY. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.

    Return on Assets (ROA): The ROA of the company declined and down at 24.4% during FY, from 26.9% during FY. The ROA measures how efficiently the company uses its assets to generate earnings.

Key Ratio Analysis

No. of Mths Year Ending 12 Jun-19* 12 Jun-20*
Current ratio x 1.7 2.2
Debtors’ Days Days 225 202
Interest coverage x 111.8 98.8
Debt to equity ratio x 0.0 0.0
Return on assets % 26.9 24.4
Return on equity % 47.0 38.2
Return on capital employed % 68.7 52.9
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster



To see how P&G HYGIENE has performed over the last 5 years, please visit here.

P&G HYGIENE Share Price Performance

Over the last one year, P&G HYGIENE share price has moved up from Rs 10,389.9 to Rs 14,490.5, registering a gain of Rs 4,100.7 or around 39.5%.

Meanwhile, the S&P BSE FMCG Index is trading at Rs 14,247.3 (up 0.6%). Over the last one year it has moved up from 11,056.7 to 14,247.3, a gain of 3,191 points (up 28.9%).

Overall, the S&P BSE SENSEX is up 51.0% over the year.

(To know more, check out historical annual results for P&G HYGIENE and quarterly results for P&G HYGIENE)

Equitymaster requests your view! Post a comment on "P&G HYGIENE 2019-20 Annual Report Analysis". Click here!

  

Related Views on News

Bajaj Consumer Care Q4 Results: Net Profit Jumps Over Two-Fold (Company Info)

Apr 21, 2021

Key takeaways from Bajaj Consumer Care's March quarter results.

Nestle India Sees Double-Digit Growth Across Segments in March Quarter (Company Info)

Apr 21, 2021

Key takeaways from Nestle's March quarter (Q1CY21) results.

P&G HYGIENE Announces Quarterly Results (2QFY21); Net Profit Up 85.5% (Quarterly Result Update)

Nov 11, 2020 | Updated on Nov 11, 2020

For the quarter ended September 2020, P&G HYGIENE has posted a net profit of Rs 3 bn (up 85.5% YoY). Sales on the other hand came in at Rs 10 bn (up 18.5% YoY). Read on for a complete analysis of P&G HYGIENE's quarterly results.

P&G HYGIENE Announces Quarterly Results (3QFY20); Net Profit Up 9.5% (Quarterly Result Update)

Feb 17, 2020 | Updated on Feb 17, 2020

For the quarter ended December 2019, P&G HYGIENE has posted a net profit of Rs 1 bn (up 9.5% YoY). Sales on the other hand came in at Rs 9 bn (up 5.0% YoY). Read on for a complete analysis of P&G HYGIENE's quarterly results.

More Views on News

Most Popular

These 5 Penny Stocks are Held by Rakesh Jhunjhunwala. Worth a Look?(Views On News)

Jan 18, 2022

Rakesh Jhunjhunwala is holding these penny stocks in his portfolio for several years now.

Tech Mahindra's CTC Acquisition: Too Expensive?(Views On News)

Jan 18, 2022

Tech Mahindra's acquisition of European IT-company fails to excite investors.

5 Hidden Tata Group Companies to Add to Your Watchlist(Views On News)

Jan 18, 2022

Here's all you need to know about these five Tata group stocks that aren't as popular as the others.

Insiders are Buying into these 6 Stocks Aggressively. More Details here...(Views On News)

Jan 19, 2022

While promoter holding is an important parameter, it should not be the sole reason for buying a stock.

Top Indian Drone Companies to Watch Out for in 2022(Views On News)

Jan 21, 2022

Several companies are adopting drone technology for regular business operations.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

TRACK P&G HYGIENE

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

P&G HYGIENE 5-YR ANALYSIS

COMPARE P&G HYGIENE WITH

MARKET STATS