Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹22481 Cr.
Stock P/E
34.4
P/B
20.6
Current Price
₹6899
Book Value
₹ 334.6
Face Value
10
52W High
₹9700
52W Low
₹ 6860
Dividend Yield
3.48%

Gillette India Overview

Business

Gillette India Ltd. is a subsidiary of Procter & Gamble (P&G), a global consumer goods major. The company is primarily engaged in the manufacturing and marketing of consumer products in two main categories: grooming (shaving products) and oral care. Its core business model revolves around selling high-quality branded personal care products through an extensive retail distribution network across India, including general trade, modern trade, and e-commerce platforms, thereby generating revenue from product sales to consumers.

Revenue Mix

Gillette India operates principally in two product categories:

Grooming: This segment includes razors, blades, shaving creams, foams, gels, and aftershaves under the Gillette brand. This is historically its flagship and dominant segment.

Oral Care: This segment includes toothbrushes and oral hygiene products, primarily under the Oral-B brand (though P&G manages Oral-B globally, Gillette India has historically been involved in its distribution in India).

While specific revenue contributions are not publicly detailed by the company, grooming products are widely considered to be the primary revenue driver, given the company's brand heritage.

Industry

Gillette India operates within the highly competitive Fast-Moving Consumer Goods (FMCG) sector, specifically in Household & Personal Products. The Indian personal care market is characterized by a mix of organized and unorganized players, intense competition, and a strong presence of both domestic and multinational corporations. Gillette India holds a strong, often leadership, position in the men's grooming (shaving) category due to its iconic brand and established market presence. In oral care, it competes with major players like Colgate-Palmolive (India), Hindustan Unilever, and other local brands, where it holds a comparatively smaller but significant position.

MOAT

Brand Strength: Gillette is a globally recognized, premium brand synonymous with shaving, enjoying high consumer trust and loyalty.

Innovation & R&D: Access to P&G's extensive global research and development capabilities allows for continuous product innovation and technological advancements in shaving systems.

Distribution Network: Leverages P&G's deep and wide distribution network across urban, semi-urban, and rural India, ensuring broad product availability.

Scale: Benefits from the vast manufacturing and procurement scale of its parent company, P&G, offering cost efficiencies.

Growth Drivers

Premiumization: Shifting consumers towards higher-value, multi-blade razors and advanced grooming solutions.

Market Penetration: Expanding reach into underserved semi-urban and rural markets in India.

E-commerce & Digital Channels: Capitalizing on the rapid growth of online retail to reach a wider consumer base.

Demographic Trends: A large and young population entering the shaving age bracket.

Product Innovation: Introduction of new products and upgrades to existing lines in both grooming and oral care segments.

Risks

Intense Competition: Aggressive competition from both established domestic and international players, as well as new direct-to-consumer (D2C) brands offering subscription models or lower-cost alternatives.

Raw Material Price Volatility: Fluctuations in prices of key raw materials like plastics, steel, and packaging materials can impact margins.

Changing Consumer Preferences: Potential shift away from traditional wet shaving towards electric shavers or simpler grooming routines, and increased price sensitivity.

Counterfeiting: Risk of counterfeit products impacting brand reputation and sales.

Regulatory and Taxation Changes: Any changes in government policies, tariffs, or taxation can affect profitability and operations.

Management & Ownership

Gillette India Ltd. is majority-owned by Procter & Gamble (P&G), making P&G the promoter of the company. The management team typically comprises experienced professionals, often with a background in P&G's global operations, ensuring alignment with international best practices in corporate governance and strategic execution. The strong ownership by a global FMCG giant implies robust oversight and access to global resources and expertise.

Outlook

Gillette India holds a strong market position, especially in the grooming segment, backed by an iconic brand and P&G's global innovation and distribution prowess. The company is poised to benefit from premiumization trends and expanding consumer base in India. However, the market remains highly competitive, with increasing pressure from aggressive local players and new D2C models. Maintaining market share and driving profitable growth will depend on its ability to innovate continuously, adapt to evolving consumer preferences, and effectively manage competition, while also navigating potential raw material cost pressures and economic fluctuations.

Gillette India Share Price

Live · BSE / NSE · Inception: 1984
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Gillette India Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Gillette India Profit & Loss

#(Fig in Cr.) Jun 2021 Jun 2022 TTM
Net Sales 2009 2256
Other Income 33 9
Total Income 2042 2265
Total Expenditure 1550 1775
Operating Profit 492 490
Interest 5 11
Depreciation 58 68
Exceptional Income / Expenses 0 0
Profit Before Tax 429 411
Provision for Tax 119 122
Profit After Tax 310 289
Adjustments 0 0
Profit After Adjustments 310 289
Adjusted Earnings Per Share 95.2 88.8

Gillette India Balance Sheet

#(Fig in Cr.) Jun 2021 Jun 2022
Shareholder's Funds 789 861
Minority's Interest 0 0
Borrowings 0 0
Other Non-Current Liabilities 51 50
Total Current Liabilities 527 664
Total Liabilities 1367 1575
Fixed Assets 310 363
Other Non-Current Assets 288 260
Total Current Assets 769 952
Total Assets 1367 1575

Gillette India Cash Flow

#(Fig in Cr.) Jun 2021 Jun 2022
Opening Cash & Cash Equivalents 231 164
Cash Flow from Operating Activities 443 462
Cash Flow from Investing Activities -79 -112
Cash Flow from Financing Activities -430 -225
Net Cash Inflow / Outflow -66 125
Closing Cash & Cash Equivalent 164 289

Gillette India Ratios

# Jun 2021 Jun 2022
Earnings Per Share (Rs) 0 0
CEPS(Rs) 0 0
DPS(Rs) 0 0
Book NAV/Share(Rs) 0 0
Core EBITDA Margin(%) 0 0
EBIT Margin(%) 0 0
Pre Tax Margin(%) 0 0
PAT Margin (%) 0 0
Cash Profit Margin (%) 0 0
ROA(%) 0 0
ROE(%) 0 0
ROCE(%) 0 0
Receivable days 0 0
Inventory Days 0 0
Payable days 0 0
PER(x) 0 0
Price/Book(x) 0 0
Dividend Yield(%) 0 0
EV/Net Sales(x) 0 0
EV/Core EBITDA(x) 0 0
Net Sales Growth(%) 0 0
EBIT Growth(%) 0 0
PAT Growth(%) 0 0
EPS Growth(%) 0 0
Debt/Equity(x) 0 0
Current Ratio(x) 0 0
Quick Ratio(x) 0 0
Interest Cover(x) 0 0
Total Debt/Mcap(x) 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +12% — — —
Operating Profit CAGR 0% — — —
PAT CAGR -7% — — —
Share Price CAGR -28% +4% +3% +5%
ROE Average — — — —
ROCE Average — — — —

Gillette India Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 75 %
FII 4.33 %
DII (MF + Insurance) 8.77 %
Public (retail) 11.91 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 75757575757575757575
FII 0.711.843.254.094.324.835.014.784.364.33
DII 12.8212.0810.89.979.99.69.158.899.258.77
Public 11.4711.0810.9610.9510.7910.5810.8411.3411.3911.91
Others 0000000000
Total 100100100100100100100100100100

Gillette India Peer Comparison

Household & Personal Products Edit Columns

Gillette India Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

See more…

Gillette India Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 0% over the last 3 years.
  • Stock is trading at 20.6 times its book value.
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