Declared Dividend • May 30
Final dividend of ₹60.00 announced Shareholders will receive a dividend of ₹60.00. Ex-date: 19th August 2026 Payment date: 18th September 2026 Dividend yield will be 3.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio) nor is it covered by cash flows (104% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1.3% to bring the payout ratio under control, which is less than the 15% EPS growth achieved over the last 5 years. Reported Earnings • May 28
Full year 2026 earnings released: EPS: ₹201 (vs ₹164 in FY 2025) Full year 2026 results: EPS: ₹201 (up from ₹164 in FY 2025). Revenue: ₹31.3b (up 8.6% from FY 2025). Net income: ₹6.54b (up 23% from FY 2025). Profit margin: 21% (up from 19% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 23% per year. Announcement • May 27
Gillette India Limited, Annual General Meeting, Aug 26, 2026 Gillette India Limited, Annual General Meeting, Aug 26, 2026. Announcement • Mar 27
Gillette India Limited to Report Fiscal Year 2026 Results on May 27, 2026 Gillette India Limited announced that they will report fiscal year 2026 results at 12:15 PM, Indian Standard Time on May 27, 2026 Reported Earnings • Jan 30
Third quarter 2026 earnings released: EPS: ₹52.93 (vs ₹38.66 in 3Q 2025) Third quarter 2026 results: EPS: ₹52.93 (up from ₹38.66 in 3Q 2025). Revenue: ₹7.98b (up 15% from 3Q 2025). Net income: ₹1.72b (up 37% from 3Q 2025). Profit margin: 22% (up from 18% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 21% per year. Announcement • Jan 09
Gillette India Limited Announces Resignation of Independent Director C P Gurnani, Effective January 6, 2026 Gillette India Limited announced that Mr. C P Gurnani has tendered his resignation as an Independent Director of the Company effective January 6, 2026, due to personal reasons and his increasing professional commitments. Mr. C P Gurnani held directorships in Mahindra Holidays & Resorts India Limited, where he was involved in several committees including Stakeholders Relationship Committee (Chairperson), Risk Management Committee (Member), Corporate Social Responsibility Committee (Member), and Inventory Approval Committee (Chairperson). Mr. C P Gurnani has confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter. Announcement • Dec 26
Gillette India Limited to Report Q3, 2026 Results on Jan 29, 2026 Gillette India Limited announced that they will report Q3, 2026 results on Jan 29, 2026 Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: ₹44.08 (vs ₹40.82 in 2Q 2025) Second quarter 2026 results: EPS: ₹44.08 (up from ₹40.82 in 2Q 2025). Revenue: ₹8.20b (up 3.9% from 2Q 2025). Net income: ₹1.44b (up 8.0% from 2Q 2025). Profit margin: 18% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 21% per year. Announcement • Sep 29
Gillette India Limited to Report Q2, 2026 Results on Oct 30, 2025 Gillette India Limited announced that they will report Q2, 2026 results on Oct 30, 2025 Upcoming Dividend • Aug 19
Upcoming dividend of ₹47.00 per share Eligible shareholders must have bought the stock before 26 August 2025. Payment date: 02 October 2025. Payout ratio and cash payout ratio are on the higher end at 91% and 96% respectively. Trailing yield: 1.1%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (1.6%). Announcement • Jun 27
Gillette India Limited to Report Q1, 2026 Results on Jul 31, 2025 Gillette India Limited announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • May 29
Third quarter 2025 earnings released: EPS: ₹48.70 (vs ₹30.41 in 3Q 2024) Third quarter 2025 results: EPS: ₹48.70 (up from ₹30.41 in 3Q 2024). Revenue: ₹7.67b (up 13% from 3Q 2024). Net income: ₹1.59b (up 60% from 3Q 2024). Profit margin: 21% (up from 15% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 24% per year. Announcement • May 27
Gillette India Limited, Annual General Meeting, Sep 02, 2025 Gillette India Limited, Annual General Meeting, Sep 02, 2025. Announcement • Mar 26
Gillette India Limited to Report Fiscal Year 2025 Results on May 26, 2025 Gillette India Limited announced that they will report fiscal year 2025 results on May 26, 2025 Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹7,452, the stock trades at a trailing P/E ratio of 51.2x. Average trailing P/E is 51x in the Personal Products industry in India. Total returns to shareholders of 53% over the past three years. Declared Dividend • Feb 12
First half dividend of ₹65.00 announced Shareholders will receive a dividend of ₹65.00. Ex-date: 18th February 2025 Payment date: 7th March 2025 Dividend yield will be 1.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 11
Second quarter 2025 earnings released: EPS: ₹38.66 (vs ₹31.91 in 2Q 2024) Second quarter 2025 results: EPS: ₹38.66 (up from ₹31.91 in 2Q 2024). Revenue: ₹6.86b (up 7.2% from 2Q 2024). Net income: ₹1.26b (up 21% from 2Q 2024). Profit margin: 18% (up from 16% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 19% per year. Announcement • Feb 10
Gillette India Limited Declares Interim Dividend for the Financial Year 2024-25, Payable on or Before March 7, 2025 Gillette India Limited at its board of directors meeting held on February 10, 2025, declared an interim dividend for the financial year 2024-25 of INR 65 per Equity Share (Face Value of INR 10.00 each). The dividend shall be paid on or before March 7, 2025. As informed earlier dated January 31, 2025, record date for the purpose of eligibility for payment of said Interim Dividend shall be February 19, 2025. Announcement • Dec 27
Gillette India Limited to Report Q3, 2025 Results on Feb 10, 2025 Gillette India Limited announced that they will report Q3, 2025 results on Feb 10, 2025 Announcement • Dec 04
Gillette India Limited Approves Appointment of Non-Executive Independent Directors Gillette India Limited at its Annual General Meeting held on December 3, 2024, approved appointment of Mr. Sanjay Asher as a Non-Executive Independent Director of Company for a term of five years, not liable to retire by rotation and appointment of Mr. Chander Prakash Gurnani as a Non-Executive Independent Director of the Company for a term of five years, not liable to retire by rotation. Upcoming Dividend • Nov 19
Upcoming dividend of ₹45.00 per share Eligible shareholders must have bought the stock before 26 November 2024. Payment date: 02 January 2025. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹9,961, the stock trades at a trailing P/E ratio of 71.8x. Average trailing P/E is 57x in the Personal Products industry in India. Total returns to shareholders of 81% over the past three years. Reported Earnings • Oct 29
First quarter 2025 earnings released: EPS: ₹40.82 (vs ₹28.44 in 1Q 2024) First quarter 2025 results: EPS: ₹40.82 (up from ₹28.44 in 1Q 2024). Revenue: ₹7.89b (up 18% from 1Q 2024). Net income: ₹1.33b (up 44% from 1Q 2024). Profit margin: 17% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 14% per year. Announcement • Sep 28
Gillette India Limited to Report Q1, 2025 Results on Oct 28, 2024 Gillette India Limited announced that they will report Q1, 2025 results on Oct 28, 2024 Announcement • Sep 25
Gillette India Limited Announces Directors Resignation Gillette India Limited announced that Ms. Sonali Dhawan, Non- Executive Director and Mr. Gagan Sawhney, Non-Executive Director have submitted their resignations from the Board as the Non-Executive Directors of the Company effective close of business hours of September 25, 2024, due to other professional commitments. Reported Earnings • Aug 30
Full year 2024 earnings released: EPS: ₹126 (vs ₹109 in FY 2023) Full year 2024 results: EPS: ₹126 (up from ₹109 in FY 2023). Revenue: ₹26.6b (up 7.4% from FY 2023). Net income: ₹4.12b (up 16% from FY 2023). Profit margin: 16% (up from 14% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 15% per year. Announcement • Jun 28
Gillette India Limited to Report Fiscal Year 2024 Results on Aug 28, 2024 Gillette India Limited announced that they will report fiscal year 2024 results on Aug 28, 2024 Reported Earnings • Apr 30
Third quarter 2024 earnings released: EPS: ₹30.41 (vs ₹31.52 in 3Q 2023) Third quarter 2024 results: EPS: ₹30.41 (down from ₹31.52 in 3Q 2023). Revenue: ₹6.86b (up 11% from 3Q 2023). Net income: ₹990.9m (down 3.5% from 3Q 2023). Profit margin: 14% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 7% per year. Announcement • Mar 28
Gillette India Limited to Report Q3, 2024 Results on Apr 29, 2024 Gillette India Limited announced that they will report Q3, 2024 results on Apr 29, 2024 Reported Earnings • Jan 31
Second quarter 2024 earnings released: EPS: ₹31.91 (vs ₹22.85 in 2Q 2023) Second quarter 2024 results: EPS: ₹31.91 (up from ₹22.85 in 2Q 2023). Revenue: ₹6.47b (up 4.5% from 2Q 2023). Net income: ₹1.04b (up 40% from 2Q 2023). Profit margin: 16% (up from 12% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year. Announcement • Jan 13
Gillette India Limited to Report Q2, 2024 Results on Jan 30, 2024 Gillette India Limited announced that they will report Q2, 2024 results on Jan 30, 2024 Upcoming Dividend • Nov 14
Upcoming dividend of ₹50.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 21 November 2023. Payment date: 26 December 2023. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 1.3%. Within top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (1.5%). Announcement • Nov 05
Gillette India Limited, Annual General Meeting, Nov 28, 2023 Gillette India Limited, Annual General Meeting, Nov 28, 2023, at 11:00 Indian Standard Time. Location: P&G Plaza, Cardinal Gracias Road Chakala,Andheri East Mumbai India Agenda: To consider and adopt the Audited Balance Sheet as at June 30, 2023 and the Statement of Profit and Loss for the Financial Year ended on that date, together with the Reports of the Auditors and Directors thereon; to confirm the payment of interim dividend and to declare final dividend for the Financial Year ended June 30, 2023; to consider re-election of directors; and to consider other business issues. Reported Earnings • Nov 02
First quarter 2024 earnings released: EPS: ₹28.44 (vs ₹26.63 in 1Q 2023) First quarter 2024 results: EPS: ₹28.44 (up from ₹26.63 in 1Q 2023). Revenue: ₹6.68b (up 7.7% from 1Q 2023). Net income: ₹926.9m (up 6.8% from 1Q 2023). Profit margin: 14% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year. Announcement • Sep 28
Gillette India Limited to Report Q2, 2024 Results on Oct 31, 2023 Gillette India Limited announced that they will report Q2, 2024 results on Oct 31, 2023 Announcement • Sep 02
Gillette India Limited Announces Resignation of Sharath Verma as Chief Marketing Officer Gillette India Limited announced the resignation of Mr. Sharath Verma, Chief Marketing Officer,effective close of business hours of August 31, 2023, due a change in his assignment at P&G. Reported Earnings • Aug 31
Full year 2023 earnings released: EPS: ₹109 (vs ₹88.79 in FY 2022) Full year 2023 results: EPS: ₹109 (up from ₹88.79 in FY 2022). Revenue: ₹25.0b (up 11% from FY 2022). Net income: ₹3.56b (up 23% from FY 2022). Profit margin: 14% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Aug 30
Gillette India Limited Recommends Dividend for the Financial Year Ended June 30, 2023, Payable Between November 30, 2023 to December 26, 2023 Gillette India Limited at its board meeting held on August 29, 2023, recommended a dividend of INR 50.00 per Equity Share (Nominal Value of INR 10.00 each), for the Financial Year ended June 30, 2023. The dividend shall be paid between November 30, 2023 to December 26, 2023, on approval of the Members at the 39th Annual General Meeting. Announcement • Aug 29
Gillette India Limited Announces Chief Marketing Officer Changes Gillette India Limited announced that Mr. Sharath Verma, shall cease to be Company's Chief Marketing Officer effective August 31, 2023, due a change in his assignment at P&G. Ms. Mukta Maheshwari will be appointed as Company's Chief Marketing Officer effective September 1, 2023. Ms. Mukta Maheshwari is an Aerospace Engineer from Indian Institute of Technology and has completed her MBA from Indian Institute of Management, Calcutta. Ms. Maheshwari has an experience of over 23 years, of which she has spent the last 16 years with Procter & Gamble working across multiple geographies, including Philippines and Singapore. Her experience in P&G includes her role as Associate Brand Manager, leading P&G's ASEAN laundry business from Singapore and thereafter, 3 years as regional Brand Vice President for ASEAN Downy Fabric Enhancer - biggest P&G brand in ASEAN countries. Announcement • Jul 18
Gillette India Limited to Report Q1, 2024 Results on Aug 29, 2023 Gillette India Limited announced that they will report Q1, 2024 results on Aug 29, 2023 Reported Earnings • May 12
Third quarter 2023 earnings released: EPS: ₹31.52 (vs ₹21.27 in 3Q 2022) Third quarter 2023 results: EPS: ₹31.52 (up from ₹21.27 in 3Q 2022). Revenue: ₹6.31b (up 11% from 3Q 2022). Net income: ₹1.03b (up 48% from 3Q 2022). Profit margin: 16% (up from 12% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 03
Second quarter 2023 earnings released: EPS: ₹22.85 (vs ₹21.64 in 2Q 2022) Second quarter 2023 results: EPS: ₹22.85 (up from ₹21.64 in 2Q 2022). Revenue: ₹6.22b (up 10% from 2Q 2022). Net income: ₹744.5m (up 5.6% from 2Q 2022). Profit margin: 12% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Feb 02
Gillette India Limited Recommends Interim Dividend for the Financial Year 2022-2023, Payable on or Before February 28, 2023 The Board of Directors of the Gillette India Limited at its meeting held on February 1, 2023 inter alia, have recommended an Interim Dividend for the Financial Year 2022-2023 of INR 35 per Equity Share (Face Value of INR 10/- each). The dividend shall be paid on or before February 28, 2023. As informed earlier in its letter dated January 09, 2023, record date for the purpose of eligibility for payment of said Interim Dividend shall be February 09, 2023. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Non-Executive Independent Director Anjuly Duggal was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 03
Upcoming dividend of ₹36.00 per share Eligible shareholders must have bought the stock before 10 November 2022. Payment date: 16 December 2022. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Indian dividend payers (1.6%). In line with average of industry peers (1.4%). Reported Earnings • Oct 23
Full year 2022 earnings released: EPS: ₹88.79 (vs ₹95.25 in FY 2021) Full year 2022 results: EPS: ₹88.79 (down from ₹95.25 in FY 2021). Revenue: ₹22.6b (up 12% from FY 2021). Net income: ₹2.89b (down 6.8% from FY 2021). Profit margin: 13% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 23
Full year 2022 earnings released: EPS: ₹88.79 (vs ₹95.25 in FY 2021) Full year 2022 results: EPS: ₹88.79 (down from ₹95.25 in FY 2021). Revenue: ₹22.6b (up 13% from FY 2021). Net income: ₹2.89b (down 6.8% from FY 2021). Profit margin: 13% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • May 01
Third quarter 2022 earnings released: EPS: ₹21.27 (vs ₹32.42 in 3Q 2021) Third quarter 2022 results: EPS: ₹21.27 (down from ₹32.42 in 3Q 2021). Revenue: ₹5.68b (up 5.8% from 3Q 2021). Net income: ₹693.1m (down 34% from 3Q 2021). Profit margin: 12% (down from 20% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Non-Executive Independent Director Anjuly Duggal was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 03
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ₹21.64 (down from ₹25.14 in 2Q 2021). Revenue: ₹5.65b (up 8.6% from 2Q 2021). Net income: ₹705.0m (down 14% from 2Q 2021). Profit margin: 13% (down from 16% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Upcoming Dividend • Nov 08
Upcoming dividend of ₹36.00 per share Eligible shareholders must have bought the stock before 15 November 2021. Payment date: 17 December 2021. Trailing yield: 1.2%. Lower than top quartile of Indian dividend payers (1.4%). In line with average of industry peers (1.3%). Reported Earnings • Nov 03
First quarter 2022 earnings released: EPS ₹25.14 (vs ₹29.24 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: ₹5.77b (up 12% from 1Q 2021). Net income: ₹819.3m (down 14% from 1Q 2021). Profit margin: 14% (down from 19% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Executive Departure • Aug 31
Company Secretary & Compliance Officer Ghanashyam Hegde has left the company On the 31st of August, Ghanashyam Hegde's tenure as Company Secretary & Compliance Officer ended after 3.0 years in the role. We don't have any record of a personal shareholding under Ghanashyam's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.08 years. Reported Earnings • Aug 26
Full year 2021 earnings released: EPS ₹95.25 (vs ₹70.64 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹20.4b (up 22% from FY 2020). Net income: ₹3.10b (up 35% from FY 2020). Profit margin: 15% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • May 07
Third quarter 2021 earnings released: EPS ₹32.42 (vs ₹16.07 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹5.58b (up 37% from 3Q 2020). Net income: ₹1.06b (up 102% from 3Q 2020). Profit margin: 19% (up from 13% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.