Godrej Consumer buys out SCA from joint venture

Date: 17-06-2009

Godrej Consumer Products Ltd, the fast-moving consumer goods major, has bought out Sweden's SCA Hygiene Products firm from their equal-stake joint venture. Godrej SCA Hygiene Ltd will now become a wholly owned unit of Godrej Consumer Products Ltd. However financial details were not yet released.

 

Godrej SCA Hygiene is a maker of diapers and sanitary napkins. It's Snuggies brand has significant market share in Kerala and Tamil Nadu. The company's focus will be to strengthen the Snuggies brand, the business of which is showing by 15% year on year growth currently.

 

Godrej Consumer had formed the joint venture with SCA in March 2007. The company did launch a couple of products from the international partner's stable but they did not fare well locally.

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Latest Financials

Latest Financials

 - Godrej Consumer Products Ltd.

  Standalone Consolidated
TTM EPS (Rs) 17.17 22.91
TTM Sales (Rs. Cr.) 5,679 10,314
BVPS (Rs.)
The total value that a company will fetch upon liquidation (if it is closed down), after settling all obligations is called its Book Value. Book value of a company includes only tangible assets. Book value allocated to each outstanding share is called Book Value per share
48.19 71.09
Reserves (Rs. Cr.)
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4,824 7,165
P/BV
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12.84 8.70
PE
It is the ratio of market price and earnings per share. It shows what the market is willing to pay for the company's earnings. To get high returns it is advisable to invest in the company which satisfies all the criteria set by MoneyWorks4me and which has low price to earnings ratio as compared to the industry.
36.04 27.01
From the Market
52 Week High / Low (Rs) 979.33/615.00
All Time High / Low (Rs) 979.33/3.29
Volume Traded 23,391
Market Cap (Rs. Cr.) 63,241
Equity (Rs. Cr.) 102.22
Face Value (Rs) 1
Industry PE
Industry price to earnings per share tells on an average, what the market is willing to pay for overall earnings in that industry. It can be used as a benchmark price to earnings ratio for the companies in that industry.
52.86
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