Gillette India Q4 FY26 Share Price & Earnings Call Analysis

₹7,077.00-1.35% today
Market cap
₹23,064 Cr
P/E
34.52
ROE
66.50%
PEG
1.11
Price to sales
7.27
Debt to equity
0.00
52W high / low
₹9,104 / ₹6,899
Sales growth (5Y)
13.04%
EBITDA margin
30.25%
Net profit margin
21.13%
Promoter holding
75.00%
Sales (last year)
₹3,176 Cr

Gillette India Limited is engaged in the manufacturing and selling of packaged fast moving consumer goods under its various brands in the grooming and oral care segment.

Guidance scorecard · Q4 FY26 call

What Gillette India's management guided
and where it ranks in Personal Products

RevenueQ4 FY26 call

10–20%
  • Gillette India anticipates balanced, sustained growth through its Integrated Growth Strategy.
  • The male grooming category is expected to grow around 12% with Gillette aiming to outpace this growth and expand the category.
  • Female grooming is growing upwards of 20%, with continued investment to drive category expansion, especially through Venus.
  • Oral Care shows high single-digit growth in manual toothbrushes and double-digit growth in powered oral care, expected to continue.
  • Innovation is a key driver, with new products launched steadily (e.g., 4 new Oral B Power Oral Care products in 2 years).
  • Distribution is expanding, including offline channel reach and e-commerce presence, supporting volume growth.
  • Gillette plans to grow faster than the trimmers category, which is expected to develop at early double-digit rates.

2 more points from Gillette India's call on revenue

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Full Q4 FY26 analysis

MarginsQ4 FY26 call

Flat

See what Gillette India said on margins — free account, 30 seconds.

Full Q4 FY26 analysis

CapexQ4 FY26 call

  • There is a strong emphasis on investment in innovation and product development across categories to attract new users and address evolving consumer needs.
  • The company highlights continuous investment in making current products better, alongside launching new products.
  • Significant investments are implied in supply chain robustness, productivity, and technology to maintain product availability and efficiency.
  • Focus on integrated growth strategy suggests continued financial commitment to brand communication, retail execution, and innovation pipelines.

2 more points from Gillette India's call on capex

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Full Q4 FY26 analysis

FundraisingQ4 FY26 call

See what Gillette India said on fundraising — free account, 30 seconds.

Full Q4 FY26 analysis

Order bookQ4 FY26 call

  • Innovation pipeline and new product development
  • Growth strategies and market outlook
  • Impact of macro-economic volatility on raw material costs
  • Margin sustainability and productivity programs
  • Category-specific growth like oral care, grooming, and female grooming

2 more points from Gillette India's call on the order book

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Full Q4 FY26 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Personal Products
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. 3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Personal Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹2,041 Cr61.0
240%+Flat₹400 Cr35.6
3Honasa Consumer Ltd20–40%Up 0–2%₹14,745 Cr58.4
410–20%Flat₹87,493 Cr42.1
510–20%Flat₹68,298 Cr34.4
610–20%Flat₹16,419 Cr21.7

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Pro shows every company guiding 40%+ revenue growth →Full Personal Products ranking

Financials of Gillette India

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Gillette India

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +619619668639681645782686767707811790792
Expenses +485476530483519470591503542496603542515
Operating Profit134144138157161176190183226210208248277
OPM %22%23%21%25%24%27%24%27%29%30%26%31%35%
Other Income +125976579127985
Interest1314441431443
Depreciation22222021212119212520201919
Profit before tax123124125139143155177167210195193232260
Tax %16%26%26%25%31%25%25%25%24%25%25%26%26%
Net Profit +103929310499116133126159146144172193
EPS in Rs31.5228.1628.4531.9030.4135.5940.8238.6648.7044.7144.0852.9359.08

Financials of Gillette India

Profit & Loss

Annual income statement trend

Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Mar 2025 9mMar 2026
Sales +1,8751,7551,7331,6771,8621,6791,9822,2562,4772,6332,2353,100
Expenses +1,6841,4481,3481,2901,4781,3191,5221,7731,9371,9951,6352,156
Operating Profit191306385387384360460483540638600943
OPM %10%17%22%23%21%21%23%21%22%24%27%30%
Other Income +6850348111132722202728
Interest567785511813912
Depreciation393038424851586881836479
Profit before tax215320374345339314429411473562554880
Tax %26%33%32%34%25%27%28%30%25%27%25%26%
Net Profit +158214253229253230310289356412418654
EPS in Rs48.5365.7377.6770.2977.6270.6495.2588.79109.15126.35128.17200.80
Dividend Payout %31%60%211%33%57%69%125%78%78%103%87%30%

Financials of Gillette India

Balance Sheet

Capital structure and asset base

Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Mar 2025Mar 2026
Equity Capital333333333333333333333333
Reserves710904468662746879756829956939991914
Borrowings +000000000000
Other Liabilities +468488498515432441606758927859895925
Total Liabilities1,2101,4249981,2091,2101,3521,3951,6191,9161,8311,9181,871
Fixed Assets +156178214264300296310363389347342304
CWIP638863402521726532261733
Investments000000000000
Other Assets +9911,1587219048861,0341,0131,1911,4941,4581,5581,534
Total Assets1,2101,4249981,2091,2101,3521,3951,6191,9161,8311,9181,871

Financials of Gillette India

Cash Flows

Operating, investing and financing cash movement

Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Mar 2025Mar 2026
Cash from Operating Activity +172279248237134225443462463509328
Cash from Investing Activity +-10315514-77-65-29-79-112-67-49-27
Cash from Financing Activity +-58-79-684-39-165-105-430-225-231-440-358
Net Cash Flow12356-422121-9591-6612516420-58
Free Cash Flow11621319015659190353345384442284
CFO/OP132%137%102%87%73%85%121%121%109%103%81%

Financials of Gillette India

Ratios

Working capital efficiency and return ratios

Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Mar 2025Mar 2026
Debtor Days232327383641364347386247
Inventory Days87104103105104136152130127131181167
Days Payable116137150173126138169193209212260215
Cash Conversion Cycle-6-10-19-30154019-20-35-43-17-1
Working Capital Days49-10-17-18153514-0-4-71321
ROCE %35%39%54%60%48%38%51%51%52%59%56%91%

Guidance history

How Gillette India's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q4 FY26 call →10–20%Flat———
Q4 FY25 call →10–20%Flat———
Q1 FY24 call →10–20%FlatPlanned—Rising

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

20out of 100

Momentum score · price trend

20 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−22.3%35%
Last 6 months−11.0%37%
Last 3 months−7.2%52%

The price is 37.1% below its all-time high of ₹11,258 (18 Jul 2025). Stocks more than 20% below their peak have their score halved, so 39 became 20.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Gillette India: 0.4 × 35 + 0.4 × 37 + 0.2 × 52 = 39, halved to 20 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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