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Godrej Consumer Products Ltd share Price Today

Company details

1,298.60
1,326.45
959.80
1,372.95
6M Return 29.63%
1Y Return 29.01%
Mkt Cap.(Cr) 134,025.22
Volume 1,227,461
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 1,227,461

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Personal products company Godrej Consumer Products announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Q4FY24 Consolidated volume grew at 12%, sales grew by 6% in Rs terms impacted by devaluation, constant currency growth of 30% YoY
  • India business volume grew by 15%, sales grew by 12% YoY
  • Indonesia volume grew by 12%, sales grew by 15% in Rs terms and 17% in constant currency terms, YoY
  • Africa, USA, and Middle East sales grew by 16% in constant currency terms but declined by 23% in Rs terms, YoY
  • Latin America and SAARC sales grew in constant currency and Rs terms, by 41%, YoY
  • Q4FY24 Consolidated EBITDA grew by 18% YoY

FY24 Financial Highlights:

  • FY24 Consolidated volume grew at 10%, sales grew by 6% in Rs terms impacted by devaluation, constant currency growth of 21% YoY
  • India business volume grew by 13%, sales grew by 10% YoY
  • Indonesia volume grew by 11%, sales grew by 14% in Rs terms and 13% in constant currency terms, YoY
  • Africa, USA, and Middle East sales grew by 16% in constant currency terms but declined by 7% in Rs terms, YoY
  • Latin America and SAARC sales grew in constant currency and Rs terms, by 5%, YoY
  • FY24 Consolidated EBITDA grew by 21% YoY

Commenting on the business performance, Sudhir Sitapati, Managing Director, and CEO, GCPL, said: "We delivered a strong performance for all four quarters in FY 2024, despite challenging conditions across markets. Our Consolidated organic volumes for Q4FY24 grew by 9%, led by the India business growing volumes at 7% and Indonesia growing volumes at 12%. This led to strong full-year organic volume growth delivery at 7% for our consolidated business, 6% for India, and 11% for Indonesia. Our Consolidated reported revenue growth for Q4 and FY 2024 both stood at 6%.

Our quality of profit was good, on the back of superior growth in higher margin countries and categories. Our reported Consolidated gross margin in Q4 improved sharply by 340 bps year-on-year. Our EBITDA margin, too, improved by 225 bps year-on-year post step up in media investments, which increased by 50% year-on-year. This resulted in an annual growth in EBITDA* of 21%.

We continue to remain focused on driving volume-led growth along with healthy investments in our brands and improvement in profitability. We are launching new products in accordance with our purpose to bring the goodness of health and beauty to consumers. (1) Cinthol Foam Bodywash, has been launched in select markets in India in April at Rs 120. This product targets the fast-growing Bodywash segment that is currently ~Rs 700 crore and growing at more than 20% per annum. (2) Stella Electric Diffuser, which will be launched in Indonesia at IDR 35,000, is aimed at rapidly expanding the penetration of the Air Freshener category. This is the first of its kind product in Indonesia.

We continue to improve the strength of our balance sheet. We have completed the re- organization in our East-Africa business. We are happy to report that there will be a positive impact on PAT of ~Rs 50 crore per annum despite the negative impact on revenue of ~Rs 470 crore per annum. We have taken an exceptional accounting charge of ~Rs 72,378 crore in our consolidated P&L statement. The impact of this charge is cash positive.

We are on track in our journey to reduce wasted cost and are deploying this to drive profitable and sustainable volume growth across our portfolio through category development.

Based on the recommendation of the Nomination & Remuneration Committee, the Board has appointed Mr. Aditya Sehgal (DIN: 09693332) as the Non-Executive Independent Director of the Company for a period of five years with effect from July 15, 2024, subject to the approval of the shareholders in the ensuing Annual General Meeting. A short profile is attached herewith.

We remain committed to our purpose of bringing the goodness of health and beauty to consumers in emeraina markets.

Result PDF

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Godrej Consumer Products Ltd shares SWOT Analysis

Strengths (5)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with Low Debt
  • FII / FPI or Institutions increasing their shareholding

Weakness (4)

  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years
  • Annual net profit declining for last 2 years

Opportunity (2)

  • Stock with Low PE (PE < = 10)
  • RSI indicating price strength

Threats (0)

Data not found

Resistance and support

R1 1,325.0
R2 1,339.7
R3 1,352.9
Pivot

1,311.80

S1 1,297.2
S2 1,284.0
S3 1,269.3
EMA SMA
1,286.0
1,252.1
1,209.6
1,144.4
1,287.6
1,240.7
1,219.6
1,115.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
THE RBOS PLC AS DEP OF FIRST ST GEM SUS FDA SF OF FIST INICVC Block Purchase 2023-07-17 1062.95 125027 NSE
THE RBOS PLC AS DEP OF FIRST ST GEM LE FDA SFD OF FIST INICVC Block Purchase 2023-07-17 1062.95 60585 NSE
THE RBOS PLC AS DEP OF FIRST ST GE MT FDA SFD OF FIST IN ICVC Block Sell 2023-07-17 1062.95 125027 NSE
Name Category Shares
GODREJ SEEDS & GENETICS LIMITED PROMOTER 27.42%
GODREJ INDUSTRIES LIMITED PROMOTER 23.74%
GODREJ & BOYCE MANUFACTURING CO. LTD. PROMOTER 7.33%
RISHAD KAIKHUSHRU NAOROJI & OTHERS (PARTNERS OF RKN ENTERPRISES) PROMOTER 1.31%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
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Profit after Tax
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P BV

Godrej Consumer Products Ltd Stocks COMPARISON

Financials( in Cr) Godrej Consumer Products Ltd Hindustan Unilever Ltd Nestle India Ltd Varun Beverages Ltd Britannia Industries Ltd
Price 1,310.35 2,369.05 2,467.75 1,498.30 5,240.70
% Change -0.73 -0.56 -0.26 -0.27 -0.77
Mcap Cr 134,025.22 556,629.86 237,929.84 194,689.70 126,231.69
Revenue TTM Cr 13,315.97 61,896.00 17,423.38 16,042.58 16,300.55
Net Profit TTM Cr 1,702.46 10,282.00 2,390.52 2,101.81 2,316.32
PE TTM 69.92 54.21 74.60 89.94 58.96
1 Year Return 29.01 -9.86 15.30 92.60 15.90
ROCE 16.35 25.00 59.47 27.83 48.18
ROE 13.43 20.26 108.52 34.92 66.62
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 13,794.23 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,248.28 -22,040.96
LAST 3M 102,638.29 -30,717.76
LAST 6M 167,920.74 50,623.85
LAST 12M 262,867.28 126,756.31
Godrej Consumer Products Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 22, 2024 l NSE Announcement

Godrej Consumer Products Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 21, 2024 l NSE Announcement

Date Action Type Ratio
May 14, 2024 Dividend 1000
Nov 09, 2023 Dividend 500

Godrej Consumer Products Ltd Information

Stock PE (TTM)
69.92
Promoter Holding
63.21%
Book Value
123.1748
ROCE
16.35%
ROE
13.43%
Description
  • Godrej Consumers, a subsidiary of the 124 years old Godrej Group, is a noted brand in the consumer staples industry. The company is classified as a large-cap company, with a market capitalization of Rs 70,340 crores. The company was founded in 2001, and it has its headquarters in Mumbai. Its founding members include Adi Godrej and Nisaba Godrej. In the financial year 2020-21, Godrej Consumers Product Ltd. has reported a strong net profit of Rs. 1,720.82 crores. The Godrej Consumer Product shares are listed on the Bombay Stock Exchange as well as the National Stock Exchange with a scrip name of GODREJCP.

    The company currently deals in five product categories. It offers soaps, liquid detergents, household insecticides, air fresheners, and hair colours. The company has manufacturing facilities at Namchi, Guwahati, Malanpur, and Baddi to serve the large population. The Godrej Consumer business is not only limited to India; it also serves customers all over the world. It is the second-largest player in the Indonesian market for household insecticides. Since its inception, the company has acquired and ventured with various entities to expand its presence. This is all about the company's brief intro; let's take a look at its financials. 

    For the last five years, Godrej Consumer Products' net profit has been much better than its industry average. The company's quarter-on-quarter earnings also improved in the financial year 2021-22. The company posted a net income of Rs. 527.60 crores in the third quarter of the current financial year. This company reported 5.18 earnings per share for the December quarter. In the context of the balance sheet, the company has kept its total liabilities under control.

    On 29th March 2022, Godrej Consumer Product share price made an intraday high of Rs. 699.35. However, the 52-week high and low of the Godrej Consumer share price were Rs. 1,138 and Rs. 660.5, respectively. Given the company's overall financial health and price chart, investing in this company's stock is considered moderate risk. Godrej Consumer Product Ltd is facing fierce competition from Marico Ltd., Dabur India Ltd., and Procter & Gamble Hygiene and Healthcare Ltd. 

    Disclaimer:- ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

Godrej One 4 Flr Pirojshanagar, Eastern Exp Highway Vikhroli-E, Mumbai, Maharashtra, 400079

Tel : 91-22-25188010/25188020/25188030
Email : investor.relations:godrejcp.com
Website : http://www.godrejcp.com
Registrar

Computech Sharecap Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 532424
NSE Code : GODREJCP
Book Closure Date (Month) : Aug
BSE Group : A
ISIN : INE102D01028

FAQ’s on Godrej Consumer Products Ltd Shares

You can buy Godrej Consumer Products Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Godrej Consumer Products Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 24, 2024 03:50 PM the closing price of Godrej Consumer Products Ltd was Rs.1,310.35.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 24, 2024 03:50 PM, the market cap of Godrej Consumer Products Ltd stood at Rs. 134,025.22.

The latest PE ratio of Godrej Consumer Products Ltd as of May 24, 2024 03:50 PM is 69.92

The latest PB ratio of Godrej Consumer Products Ltd as of May 24, 2024 03:50 PM is 0.09

The 52-week high of Godrej Consumer Products Ltd share price is Rs. 1,372.95 while the 52-week low is Rs. 959.80

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