Godrej Consumer Products Ltd - Stock Valuation and Financial Performance

BSE: 532424 | NSE: GODREJCP | Household & Personal Products | Large Cap

Godrej Consumer Prod Share Price

1,207 -34.55 -2.78%
as on 19-Mar'24 12:55

DeciZen - make an informed investing decision on Godrej Consumer Prod

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Godrej Consumer Products stock performance -

mw4me loader
P/E Ratio (CD):
71.15
Market Cap:
1,26,988.3 Cr.
52-wk low:
896.9
52-wk high:
1,299.9

Is Godrej Consumer Products Ltd an attractive stock to invest in?

1. Is Godrej Consumer Products Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Godrej Consumer Products Ltd is a good quality company.

2. Is Godrej Consumer Products Ltd undervalued or overvalued?

The key valuation ratios of Godrej Consumer Products Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Godrej Consumer Products Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Godrej Consumer Products Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Godrej Consumer Prod:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Godrej Consumer Products Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 13.7%13.8%15.6%17%18.5%24.1%14.9%16.4%15.6%13.5%-
Value Creation
Index
0.20.20.40.50.71.10.30.50.40.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 7,6028,2768,4249,2689,84710,3149,91111,02912,27713,31613,781
Sales YoY Gr.-8.9%1.8%10%6.3%4.7%-3.9%11.3%11.3%8.5%-
Adj EPS 7.58.410.112.716.122.414.517.217.817.217.5
YoY Gr.-12.7%19.6%25.7%27.1%39.3%-35.2%18.4%3.3%-3.3%-
BVPS (₹) 36.942.141.751.861.17177.192.2112.9134.7147.4
Adj Net
Profit
7638601,0291,2931,6442,2911,4861,7601,8171,7571,785
Cash Flow from Ops. 1,1161,0278471,8601,7231,7291,5882,0301,4512,151-
Debt/CF from Ops. 2.12.73.42.2222.20.91.10.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.4%6.2%10.4%8.5%
Adj EPS 9.7%1.3%5.7%-3.3%
BVPS15.5%17.1%20.4%19.3%
Share Price 16.9% 11.2% 21.5% 27.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
21.521.3242728.533.919.620.317.313.912.4
Op. Profit
Mgn %
15.716.719.720.721.520.821.722.320.419.221.6
Net Profit
Mgn %
10.811.212.31416.722.2151614.813.213
Debt to
Equity
0.60.60.70.80.60.50.50.20.10.1-
Working Cap
Days
135132125108118111118104999380
Cash Conv.
Cycle
16151811-5-27-25-132619

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 10.35%

Return on Equity has declined versus last 3 years average to 12.40%

Net Profit has been subdued in last 3 years 5.74%

Sales growth is not so good in last 4 quarters at 6.92%

Latest Financials - Godrej Consumer Products Ltd.

Standalone Consolidated
TTM EPS (₹) 17.2 17.5
TTM Sales (₹ Cr.) 8,050 13,781
BVPS (₹.) 105.1 147.4
Reserves (₹ Cr.) 10,646 14,979
P/BV 11.81 8.42
PE 72.34 71.15
From the Market
52 Week Low / High (₹) 896.85 / 1299.90
All Time Low / High (₹) 3.29 / 1299.90
Market Cap (₹ Cr.) 1,26,988
Equity (₹ Cr.) 102.3
Face Value (₹) 1
Industry PE 56.5

Management X-Ray of Godrej Consumer Prod:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.660.660.660.660.660.660.660.660.660.66
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Godrej Consumer Prod

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales7,6028,2768,4249,2689,84710,3149,91111,02912,27713,316
Operating Expenses 6,4336,8996,7797,3617,7768,1837,7578,6299,86910,873
Manufacturing Costs283316348394421454500504565594
Material Costs3,5713,8613,8674,1334,2744,5544,2624,9296,0756,703
Employee Cost 7427779449881,0571,0681,0191,1231,1041,111
Other Costs 1,8371,9451,6201,8472,0232,1061,9762,0722,1252,464
Operating Profit 1,1691,3781,6451,9072,0712,1322,1542,3992,4072,443
Operating Profit Margin (%) 15.4%16.6%19.5%20.6%21.0%20.7%21.7%21.8%19.6%18.3%
Other Income 639284751161091126790168
Interest 120112128154173238228138122188
Depreciation 8291101142156170197204210236
Exceptional Items -1-17-3340180253-81-44-10-54
Profit Before Tax 1,0301,2491,1671,6872,0392,0851,7602,0802,1552,133
Tax 210272336379405-256264360372430
Profit After Tax 8199768311,3081,6342,3421,4971,7211,7831,702
PAT Margin (%) 10.8%11.8%9.9%14.1%16.6%22.7%15.1%15.6%14.5%12.8%
Adjusted EPS (₹)7.48.98.112.816.022.914.616.817.416.7
Dividend Payout Ratio (%)24%21%24%39%63%65%55%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 3,7704,3024,2595,2926,2477,2557,8869,43111,54313,771
Share Capital 3434343468102102102102102
Reserves 3,7364,2684,2255,2586,1797,1527,7839,32911,44113,668
Minority Interest225162100000000
Debt1,7022,1702,6313,3412,5352,8762,6647601,220811
Long Term Debt1,5912,0232,4493,1082,3802,6052,145480381189
Short Term Debt111147182233154271519279839622
Trade Payables1,2341,0881,4851,7242,3532,5402,4802,0122,1631,823
Others Liabilities 2,1652,3661,2942,5832,7299511,2801,403477391
Total Liabilities 9,09710,0889,67912,94013,86413,62114,31013,60615,40316,796

Fixed Assets

Gross Block5,8046,3336,0248,2918,6749,1279,8929,79110,34711,290
Accumulated Depreciation682782932083594576618861,1271,356
Net Fixed Assets5,1215,5515,9318,0838,3158,6709,2318,9059,2199,934
CWIP 16722544978452575711645
Investments 1361861909349975166726791,0153,029
Inventories1,0821,0721,3071,4131,5781,5591,7031,7162,1301,537
Trade Receivables7328051,1181,0291,2461,2931,1571,0051,1161,245
Cash Equivalents 7058947549139608957706721,108391
Others Assets1,1541,356335472684636719572697615
Total Assets 9,09710,0889,67912,94013,86413,62114,31013,60615,40316,796

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1,1161,0278471,8601,7231,7291,5882,0301,4512,151
PBT 1,0301,2661,5001,6871,8591,8331,7602,0802,1552,133
Adjustment 168116169260288349425392279343
Changes in Working Capital 156-72-465341-161-253-45-53693
Tax Paid -238-257-336-407-393-435-344-397-448-418
Cash Flow From Investing Activity -495-1,236-602-2,170-340252-533-316-864-1,758
Capex -133-213-208-180-311-208-152-16438
Net Investments 40-45092-599-95365-263-211-1,005-1,877
Others -402-574-486-1,3916694-11859138111
Cash Flow From Financing Activity -620-12-202665-1,384-2,039-1,295-1,816-380-794
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 00000000-755-411
Interest Paid -100-119-119-124-158-215-156-166-119-119
Dividend Paid -170-179-187-196-613-1,227-818000
Others -350286104984-613-598-322-1,651495-264
Net Cash Flow 1-221433550-58-240-102207-402
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)23.1524.1919.4127.3928.3234.6919.7719.8717.0113.45
ROCE (%)19.2920.6618.2522.3723.222.7618.0219.6118.6916.58
Asset Turnover Ratio0.90.890.890.850.740.840.780.860.920.9
PAT to CFO Conversion(x)1.361.051.021.421.050.741.061.180.811.26
Working Capital Days
Receivable Days34334041424041332930
Inventory Days50465052555055525346
Payable Days116110121142174196215166125109

Godrej Consumer Products Ltd Stock News

Godrej Consumer Products Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Godrej Consumer Prod on 19-Mar-2024 12:55 is ₹1,207.
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 19-Mar-2024 12:55 the market cap of Godrej Consumer Prod stood at ₹1,26,988.3.
The latest P/E ratio of Godrej Consumer Prod as of 19-Mar-2024 12:55 is 72.34.
The latest P/B ratio of Godrej Consumer Prod as of 19-Mar-2024 12:55 is 11.81.
The 52-week high of Godrej Consumer Prod is ₹1,299.9 and the 52-week low is ₹896.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Godrej Consumer Prod is ₹8,050 ( Cr.) .

About Godrej Consumer Products Ltd

Godrej Consumer Products Ltd. (GCPL) is a leading emerging markets company. As part of the over 123-year young Godrej Group, it is fortunate to have a proud legacy built on the strong values of trust, integrity and respect for others. At the same time, it is growing fast and has exciting, ambitious aspirations. GCPL is a leader among India’s Fast Moving Consumer Goods (FMCG) companies, with leading Household and Personal Care Products. The company’s brands, which include Good Knight, Cinthol, Godrej No. 1, Expert, Hit, Jet, Fairglow, Ezee, Protekt and Snuggy, among others, are household names across the country. The company is one of the largest marketers of toilet soaps in the country and is also leaders in hair colours and household insecticides. Registered Office of the company is Godrej One, 4th floor, Pirojshanagar Eastern Express Highway, Vikhroli East Mumbai - 400079.

Business area of company

Godrej Consumer Products Limited manufactures personal care, hair care, household care and fabric care products. The Company's products include toilet soaps, cosmetics, shaving creams, talcum powder, household cleaners and fabric detergents.

Products

Soaps and Talc- it has created brands like Cinthol, Fair Glow, Evita, and Vigil. Hair Care- Under this it has introduced various hair colour products such Colour Soft, Anoop, Renew, Godrej Expert and Kesh Kala. Household and Fabric Care- In this segment it has introduced products like Godrej Dish wash, Glossy and Ezee. Rapidol- GCPL acquired South African business Rapidol that has brands like Inecto and Soflene. It had acquired Brian Boyce and Vicki Dryden Wyatt Keyline Brands namely Cuticura, Aapri, Erasmic, Inecto and Nulon.

Awards

  • Thana unit received the ‘National Safety Council appreciation certificate’. 
  • Par excellence award for 7 teams and excellence award for 9 teams during NCQC 2019. 
  • 5S Award from QCFI and Union of Japanese Scientist Engineers (JUSE), received by the MMN unit.
  • The CONSO unit, which won the QCFI JUSE 5S Award last year, successfully completed the surveillance audit by the official team.
  • South cluster won the Godrej Safety Awards 2019 for the best celebration of National Road Safety Week in 2019.

Milestones

2013

  • GCPL launches Good knight Fast Card.
  • Cinthol fortifies its presence in personal care category with all new packaging and launch of shower gel.
  • GCPL to acquire 30% stake in Bhabani Blunt Hair Dressing.

2014

  • Godrej Launches Protekt Range of Personal Care Products.
  • Cinthol Confidence+ 'a complete health soap', is a new entrant in the 3000 crore  health soap segment that completely redefines the health soap category.

2015

  • Godrej Consumer Products has entered into an agreement with the Darling Group.
  • Godrej Consumer Products has completed the acquisition of 100% of the business of Frika Hair (Pty) Limited in South Africa.
  • Godrej Consumer Product has completed the acquisition of balance 40 percent stake in Cosmetica Nacional.

2016

  • Godrej Consumer Products has Acquisition of 100% equity stake in Strength of Nature LLC.
  • Godrej Consumer Products awarded the Porter Prize for Creating Shared Value 2016.
  • GCPL ranks among the best companies to work for in India by the Great Place to Work Institute.
  • GCPL acquires majority stake in Canon Chemicals in Kenya.
  • Godrej Consumer Products Limited ranks among the Best Large Workplaces in Asia by the Great Place to Work institute.

2017

  • Godrej partners UN for the global release of LGBTI anti-discrimination standards.

2019

  • Godrej Consumer Products has introduced ‘Godrej aer smart matic air fresheners.

2020

  • Godrej Consumer Products’ wholly-owned subsidiary -- Godrej East Africa Holdings has acquired balance 25 percent stake in Kenya-based Canon Chemicals for an undisclosed sum.
  • Godrej Consumer Products has tied up with Home Insect Control Association (HICA), an industry body to give impetus to the country's home Insecticides sector.
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