Moneycontrol PRO

Gillette India: A defensive stock for long term

Being a leader in the grooming space, Gillette India has done some interesting product innovations

April 15, 2021 / 09:32 AM IST
Gillette India: A defensive stock for long term

Gillette India | The company reported higher profit at Rs 41.3 crore in December quarter 2020 against Rs 18.8 crore in December quarter 2019, revenue increased to Rs 520.4 crore from Rs 459.3 crore YoY.

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

In our discovery series, our focus today is on Gillette India (GIL, CMP: Rs 5,504; Market Capitalization: Rs 17,935 crore) that has some of the world’s leading brands like Gillette and Oral-B. The promoter (Procter & Gamble and its affiliated entities) holds a 75 per cent stake. Post half-yearly results of December 2020, GIL has declared an interim dividend of Rs 33 per share, which has resulted in a dividend payout of 60 per cent. In FY20 and FY19, GIL had...

  • PRO Panorama

    Moneycontrol Pro Panorama | Robinhood missed the mark on a bumper listing

    Jul 30, 2021 / 04:26 PM IST

    In today’s edition of Moneycontrol Pro Panorama:  Why Robinhood stumbled, the problem with IMF forecasts, the Immunity Tracker, Tech Mahindra’s growth appeal, Tactical Pick, the Indian startup rage, China pushes back on crypto and more  

    Read Now
  • PRO Weekender

    Moneycontrol Pro Weekender | The East is Red Again

    Jul 31, 2021 / 10:01 AM IST

    The market carnage spread from China’s e-commerce and fintech bigwigs such as Alibaba and Tencent to edtech companies and then to the property sector

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers