The company is engaged in manufacturing and selling packaged fast-moving goods under its various brands in the grooming and oral care segment. The company markets its brands under the names Fusion5, SkinGuard Sensitive, MACH3, Guard3, Styler & Presto.
The company operates in two segments, namely Personal Grooming and Oral Care. The personal Grooming segment includes blades, razors, and toiletries.
Gillette sells razors and blades, shaving gel, shaving cream, and after-shave through various modes like department stores, grocery stores, mass merchandisers, and membership club stores. The Procter & Gamble Company USA is the ultimate holding company of Gillette India Ltd, holding a 75% stake in the company.
Gillette has dominated the market share in the razor blade market, with a market share of 54% in India, and the company has a presence in over 200 countries around the world.
Gillette India shares have gained 17 percent in the last six months and 33 percent in a year. On Thursday, Gillette India shares closed at ₹6,506.20 apiece, down 0.31 percent on the exchange. The company has a market capitalization of ₹21,201 crores.
The company’s revenue has increased by 8 percent yearly, from Rs 620 crore in Q2FY23 to Rs 668 crore in Q2FY24. During the same period, net profit increased by 7 percent from Rs 87 crore to Rs 93 crore.
Gillette sells their products through various retail channels including mass merchandisers, grocery stores, membership club stores, drug stores, department stores, and high-frequency stores.
The company owns and operates manufacturing facilities in Bhiwadi, Rajasthan, and Baddi, Himachal Pradesh, India. Gillette is headquartered in Mumbai, Maharashtra, India.
The company’s receives 8% of its revenue from outside the Indian market, and the rest of the revenue(92%) comes from the Indian market.
As per the recent financial year, the company reported a net profit margin of 14.35 percent and a gross profit margin of 22.66 percent.
The company has strong profitability numbers, with a return on equity of 35.96 percent and a return on capital employed of 43.68 percent.
As of the recent shareholding pattern, the company promoter holds a 75 percent stake in the company, while domestic institutional investors hold an 11.22 percent stake and retail investors hold a 13.15 percent stake in the company.
Written by Omkar Chitnis
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