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Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹10436 Cr.
Stock P/E
51.9
P/B
19.9
Current Price
₹6287
Book Value
₹ 316
Face Value
10
52W High
₹6701.4
52W Low
₹ 4699.7
Dividend Yield
3.26%

Procter&Gamble Healt Overview

Business

Procter & Gamble Health Ltd. (PGHL) is an Indian pharmaceutical company primarily focused on the consumer healthcare segment. The company develops, manufactures, and markets over-the-counter (OTC) medicines, vitamins, minerals, and supplements (VMS), and other health products. Its core business model revolves around leveraging strong, established brands to cater to common health needs, promoting self-care, and providing therapeutic solutions. The company makes money through the sale of these proprietary health products to consumers, distributed through pharmacies, doctors, and other retail channels across India.

Revenue Mix

PGHL's revenue is primarily derived from its diverse portfolio of consumer health products. While specific revenue percentages for sub-segments are not publicly detailed, its main product categories include:

Vitamins, Minerals, and Supplements (VMS): A significant contributor, with popular brands like Neurobion (B vitamins), Livogen (iron and folic acid), and Polybion (multivitamin).

Pain Management: Products addressing common aches and pains.

Digestive Health: Solutions for digestive issues.

Respiratory Health: Products like Nasivion (nasal decongestant).

Women's Health: Specific formulations catering to women's nutritional needs.

Bone Health: Products supporting bone strength.

The company benefits from a portfolio of well-recognized and trusted brands, many of which have a long-standing presence in the Indian market.

Industry

PGHL operates within the highly competitive Indian pharmaceutical market, specifically carving out a strong niche in the consumer health (OTC and VMS) segment. This segment is characterized by increasing consumer awareness, rising disposable incomes, and a growing trend towards self-medication and preventive healthcare. PGHL is positioned as a leading player in this space, leveraging the global Procter & Gamble legacy and its own heritage (from erstwhile Merck Consumer Health, and before that, Nicholas Piramal/Nicholas Laboratories). Its extensive distribution network and long-standing relationships with healthcare professionals and pharmacies provide a strong market presence against both large multinational corporations and agile domestic competitors.

MOAT

Strong Brand Equity: PGHL possesses a portfolio of highly trusted and recognized brands (e.g., Neurobion, Livogen, Nasivion) that have built significant consumer loyalty over decades. This strong brand recall reduces marketing costs and fosters repeat purchases.

Extensive Distribution Network: The company has a well-established and wide-reaching distribution network across India, ensuring product availability even in remote areas. This extensive reach is critical for consumer health products.

Parent Company Backing & R&D: Being part of the global Procter & Gamble organization provides access to global research and development, best practices in marketing, and supply chain efficiencies.

Doctor Trust & Prescription Legacy: Many of its key brands have a history of prescription endorsement by doctors before transitioning to OTC, lending them credibility and trust among consumers.

Growth Drivers

Rising Health Awareness & Self-Care: Increasing focus on wellness, preventive healthcare, and self-medication among Indian consumers.

Demographic Trends: A large and growing young population, along with an aging demographic, both contributing to demand for VMS and therapeutic products.

Increasing Disposable Incomes: Higher incomes allow consumers to spend more on health and wellness products.

Portfolio Expansion: Introduction of new products and line extensions within existing strong brands, as well as potential entry into new therapeutic areas within consumer health.

Digitalization & E-commerce: Leveraging online pharmacies and e-commerce channels to expand reach and accessibility.

Rural Market Penetration: Untapped potential in semi-urban and rural markets in India.

Risks

Intense Competition: The consumer health segment is highly competitive, with established players, new entrants, and the increasing popularity of Ayurvedic and natural product companies.

Regulatory Changes: Potential changes in drug pricing policies, advertising norms for OTC products, or product approval processes could impact profitability and operations.

Raw Material Price Volatility: Fluctuations in the cost of active pharmaceutical ingredients (APIs) and other raw materials can affect margins.

Brand Dilution & Innovation Lag: Failure to innovate or adapt to changing consumer preferences, or any adverse brand perception, could erode market share.

Counterfeit Products: Risk of counterfeit products impacting brand reputation and sales.

Economic Downturns: A significant economic slowdown could impact consumer discretionary spending on health products.

Management & Ownership

Procter & Gamble Health Ltd. is promoted by the Procter & Gamble group, a global leader in consumer goods. The ultimate parent company, Procter & Gamble, holds a majority stake in PGHL, ensuring strong corporate governance practices and a professional management approach typical of large multinational corporations. The management team typically comprises experienced professionals from the pharmaceutical and consumer goods sectors, benefiting from the global expertise and resources of the parent company. Public shareholders hold the remaining shares.

Outlook

Procter & Gamble Health Ltd. operates in an attractive and growing consumer health market in India, driven by increasing health awareness and disposable incomes. The company's strong brand portfolio, extensive distribution, and backing from a global consumer giant provide a solid foundation for continued performance. However, intense competition from both domestic and international players, coupled with potential regulatory changes, poses ongoing challenges. Future growth will likely hinge on its ability to innovate within existing categories, effectively expand its product portfolio, and adapt to evolving consumer preferences and digital distribution channels, while maintaining the trust and strong brand equity it has built over the years.

Procter&Gamble Healt Share Price

Live · BSE / NSE · Inception: 1967
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Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Procter&Gamble Healt Quarterly Results

#(Fig in Cr.) Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Net Sales 310 252 284 313 310 311 339 325 374 370
Other Income 5 2 2 3 4 3 4 5 4 4
Total Income 315 255 286 317 314 314 343 330 378 374
Total Expenditure 208 185 236 199 186 230 248 205 263 235
Operating Profit 107 70 50 117 127 84 94 125 115 140
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 7 7 7 6 6 5 5 6 6 6
Exceptional Income / Expenses 0 0 -20 0 0 0 0 0 0 0
Profit Before Tax 100 63 23 111 122 79 89 119 109 133
Provision for Tax 28 16 6 29 31 17 23 30 31 39
Profit After Tax 72 47 17 82 91 61 66 89 78 95
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 72 47 17 82 91 61 66 89 78 95
Adjusted Earnings Per Share 43.4 28 10.1 49.6 54.8 36.9 39.9 53.3 46.7 57

Procter&Gamble Healt Profit & Loss

#(Fig in Cr.) Dec 2015 Dec 2016 Dec 2017 Dec 2018 Jun 2020 Jun 2021 Jun 2022 Jun 2023 Mar 2024 Jun 2024 Mar 2025 TTM
Net Sales 940 993 698 849 1356 1009 1114 1230 1151 1151 934 1408
Other Income 23 24 30 28 70 18 13 18 16 16 10 17
Total Income 963 1017 729 877 1426 1027 1128 1248 1167 1167 945 1425
Total Expenditure 856 877 628 705 1042 763 847 905 845 845 616 951
Operating Profit 107 140 101 173 384 264 281 343 322 322 329 474
Interest 0 0 0 0 0 1 0 1 1 1 0 0
Depreciation 23 25 19 21 29 30 27 28 27 27 17 23
Exceptional Income / Expenses 0 0 17 7 0 0 0 0 -20 -20 0 0
Profit Before Tax 83 115 99 158 355 233 253 314 273 273 312 450
Provision for Tax 30 36 38 56 101 56 61 85 72 72 77 123
Profit After Tax 54 79 61 102 254 177 193 229 201 201 234 328
Adjustments 0 0 33 737 0 0 0 0 0 0 0 0
Profit After Adjustments 54 79 94 839 254 177 193 229 201 201 234 328
Adjusted Earnings Per Share 32.3 47.7 36.8 61.3 153.1 106.5 116 138.2 121.1 121.1 141.2 196.9

Procter&Gamble Healt Balance Sheet

#(Fig in Cr.) Dec 2015 Dec 2016 Dec 2017 Dec 2018 Jun 2020 Jun 2021 Jun 2022 Jun 2023 Mar 2024 Jun 2024 Mar 2025
Shareholder's Funds 592 664 733 1540 906 704 616 751 538 538 537
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 395 399 431 495 667 723 714 803 0 4 7
Total Current Liabilities 539 301 352 548 539 551 608 679 0 219 215
Total Liabilities 1525 1363 1516 2583 2112 1978 1938 2233 0 761 759
Fixed Assets 132 111 115 100 98 101 109 142 127 127 112
Other Non-Current Assets 448 502 522 594 749 838 845 920 -127 110 121
Total Current Assets 946 741 879 1889 1265 1039 984 1171 0 524 526
Total Assets 1525 1363 1516 2583 2112 1978 1938 2233 0 761 759

Procter&Gamble Healt Cash Flow

#(Fig in Cr.) Dec 2015 Dec 2016 Dec 2017 Dec 2018 Jun 2020 Jun 2021 Jun 2022 Jun 2023 Mar 2024 Jun 2024 Mar 2025
Opening Cash & Cash Equivalents 5 9 26 10 1119 636 464 319 435 435 239
Cash Flow from Operating Activities 83 107 54 -130 235 247 170 236 228 228 169
Cash Flow from Investing Activities -68 -75 -48 1270 165 -32 -26 -22 -7 -7 10
Cash Flow from Financing Activities -12 -15 -22 -30 -883 -387 -289 -98 -418 -418 -235
Net Cash Inflow / Outflow 4 17 -16 1109 -483 -172 -145 116 -197 -197 -56
Closing Cash & Cash Equivalent 9 26 10 1119 636 464 319 435 239 239 182

Procter&Gamble Healt Ratios

# Dec 2015 Dec 2016 Dec 2017 Dec 2018 Jun 2020 Jun 2021 Jun 2022 Jun 2023 Mar 2024 Jun 2024 Mar 2025
Earnings Per Share (Rs) 32.27 47.67 36.77 61.29 153.06 106.51 115.98 138.23 121.07 121.07 141.21
CEPS(Rs) 46.37 62.61 48.29 74.01 170.8 124.6 132.29 155.16 137.58 137.58 151.27
DPS(Rs) 7.5 11 15 440 230 130 52.5 95 260 260 125
Book NAV/Share(Rs) 356.36 399.89 441.72 927.78 544.82 421.59 366.99 447.62 319.1 319.1 320.52
Core EBITDA Margin(%) 8.57 11.22 9.93 16.98 23.18 24.39 22.73 24.44 24.3 24.3 30.94
EBIT Margin(%) 8.56 11.18 13.9 18.61 26.17 23.21 21.55 23.71 21.76 21.76 30.32
Pre Tax Margin(%) 8.56 11.18 13.9 18.61 26.17 23.13 21.51 23.66 21.71 21.71 30.28
PAT Margin (%) 5.5 7.68 8.58 11.98 18.74 17.53 16.35 17.28 15.96 15.96 22.78
Cash Profit Margin (%) 7.9 10.09 11.27 14.47 20.91 20.51 18.64 19.39 18.14 18.14 24.4
ROA(%) 3.92 5.48 4.24 4.96 10.82 8.65 9.83 11 13.43 13.43 30.85
ROE(%) 9.35 12.61 8.74 8.95 20.79 22.04 29.41 33.94 31.58 31.58 44.15
ROCE(%) 14.54 18.35 14.16 13.9 29.01 29.08 38.45 46.07 42.52 42.52 58.05
Receivable days 43.3 41.4 58.92 40.59 21.73 28.06 22.2 27.36 29.14 29.14 40.92
Inventory Days 64.49 58.63 82.51 58.27 33.31 45.68 36.19 34.37 35.37 35.37 38.75
Payable days 44.71 61.19 118.32 116.16 90.99 177.09 188.51 206.35 223.07 223.07 235.41
PER(x) 24.14 20.93 35.05 50.32 26.57 52.52 36.1 37.97 38.87 41.71 36.42
Price/Book(x) 2.19 2.49 2.92 3.32 7.47 13.27 11.41 11.73 14.75 15.83 16.04
Dividend Yield(%) 0.96 1.1 1.16 14.27 5.65 2.32 1.25 1.81 5.52 5.15 2.43
EV/Net Sales(x) 1.18 1.39 2.67 4.57 4.51 8.74 5.95 6.73 6.57 7.07 8.94
EV/Core EBITDA(x) 10.35 9.83 18.42 22.47 15.91 33.38 23.59 24.12 23.53 25.3 25.39
Net Sales Growth(%) 8.3 5.65 -29.66 21.61 59.7 -25.6 10.48 10.34 -6.37 -6.37 -18.86
EBIT Growth(%) 25.2 38.21 -14.11 59.7 124.62 -34.03 8.42 24.11 -12.99 -12.99 13.87
PAT Growth(%) 23.92 47.74 -22.86 66.68 149.73 -30.42 8.89 19.19 -12.42 -12.42 16.63
EPS Growth(%) 23.92 47.74 -22.86 66.68 149.73 -30.42 8.89 19.19 -12.42 -12.42 16.63
Debt/Equity(x) 0 0 0 0 0 0 0 0 0 0 0
Current Ratio(x) 1.76 2.47 2.5 3.45 2.35 1.89 1.62 1.72 2.39 2.39 2.44
Quick Ratio(x) 1.45 1.92 2.05 3.24 2.1 1.67 1.43 1.53 1.9 1.9 1.94
Interest Cover(x) 0 0 0 0 0 292.6 604.26 409.05 380.61 380.61 725.7
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -19% -9% -2% 0%
Operating Profit CAGR +2% -1% +5% +12%
PAT CAGR +16% +1% +6% +16%
Share Price CAGR +8% +8% +2% +24%
ROE Average +44% +36% +34% +23%
ROCE Average +58% +48% +46% +32%

Procter&Gamble Healt Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 51.82 %
FII 6.2 %
DII (MF + Insurance) 13.67 %
Public (retail) 48.18 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 51.8251.8251.8251.8251.8251.8251.8251.8251.8251.82
FII 7.596.246.46.617.016.876.997.246.976.2
DII 12.6713.7314.5614.8414.7114.2114.1613.9113.8413.67
Public 48.1848.1848.1848.1848.1848.1848.1848.1848.1848.18
Others 0000000000
Total 100100100100100100100100100100

Procter&Gamble Healt Peer Comparison

Pharmaceuticals & Drugs Edit Columns

Procter&Gamble Healt Quarterly Price

10-year quarterly close · BSE
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News & Updates

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Procter&Gamble Healt Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 36%
  • Company is almost debt free.

Cons

  • Debtor days have increased from 223.07 to 235.41days.
  • Stock is trading at 19.9 times its book value.
  • The company has delivered a poor profit growth of 5% over past five years.
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