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Procter & Gamble Health Ltd (PGHL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500126 NSE: PGHL Pharmaceuticals & Drugs | Small Cap | Procter&Gamble Healt Share Price

₹5,933.70 11.30 (0.19%)

As on 14-Aug'26 16:59

Procter & Gamble Health Ltd (PGHL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500126 NSE: PGHL Pharmaceuticals & Drugs | Small Cap | Procter&Gamble Healt Share Price

₹5,933.70 11.30 (0.19%)

As on 14-Aug'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹9,850 Cr.
Current Price
₹5,933.7
52-Week Low / High
₹4,700 / 6,955
TTM EPS
₹215
TTM Sales
₹1,433 Cr.
Book Value per Share
₹370.9
P/E Ratio
27.60
Lower than its 5-year historical median
Industry PE
53.5
Price to Book (P/B)
16.00
Higher than its 5-year historical median
Price to Sales (P/S)
6.87
In line with its 5-year historical median
EV/EBITDA
20.00
Lower than its 5-year historical median
Dividend Yield
3.45%
Profitability Efficiency
Return on Equity (ROE)
62.18%
Outperforms industry median
Return on Capital Employed (ROCE)
84.86%
Outperforms industry median
Return on Assets (ROA)
41.65%
Operating Profit Margin
32.3%
Net Profit Margin
23.22%
Gross Profit Margin
30.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
13.04%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
42.27%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
39.46%
Asset Quality
Promoter Holding
51.82%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹599 Cr.
Equity
₹16.6 Cr.
Face Value
₹10
All Time Low / High
₹114.00 / 7499.95

Procter & Gamble Health stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Procter & Gamble Health Ltd a good quality company?
Procter & Gamble Health Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Procter & Gamble Health Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Procter & Gamble Health Ltd vs industry peers?
Procter & Gamble Health Ltd revenue CAGR is 4.79%, compared to the industry median CAGR of 5.75%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Procter & Gamble Health Ltd?
Promoters hold 51.82% of the Procter & Gamble Health Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Procter & Gamble Health Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 23.7% based on the current price.

10 Year X-Ray : Login to view analysis.

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.
Procter & Gamble Health Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Dec'17Dec'18Jun'20Jun'21Jun'22Jun'23Mar'24Jun'24Mar'25Mar'26TTM
ROCE % 14.2%13.9%29%29.1%38.5%46.1%0%42.5%58.1%84.9%-
Value Creation
Index
0.00.01.21.21.92.4NA2.23.35.3-

Growth Parameters

Sales 6988499041,0091,1141,2301,1511,1511,2461,4081,433
Sales YoY Gr.-21.6%6.5%11.6%10.5%10.3%-6.4%0%8.2%13%-
Adj EPS 28.858.1102.2107.1116.5137.8129.7129.7188.5197.1215
YoY Gr.-102.1%75.9%4.8%8.8%18.3%-5.9%0%45.3%4.6%-
BVPS (₹) 441.7927.8363.2421.6367447.6319.1319.1427.4312.9370.9
Adj Net
Profit
47.896.5170178193229215215313327357
Cash Flow from Ops. 53.7-130157247170236228228225338-
Debt/CF from Ops. 0000000000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 8.1%4.8%6.9%13%
Adj EPS 23.9%11.1%15%4.6%
BVPS-3.8%-3.1%-0.7%-26.8%
Share Price 23.7% 1.6% 3.9% -5.6%

Key Financial Parameters

Dec'17Dec'18Jun'20Jun'21Jun'22Jun'23Mar'24Jun'24Mar'25Mar'26TTM
Return on
Equity %
6.88.520.822.129.333.533.433.443.661.762.9
Op. Profit
Mgn %
10.11723.424.524.126.426.626.634.132.332.5
Net Profit
Mgn %
6.811.418.817.617.418.618.718.725.123.224.9
Debt to
Equity
0000000000-
Working Cap
Days
50048634649143842329029014611178
Cash Conv.
Cycle
884912-3-22-31-33-33-36-1247

Valuation of Procter&Gamble Healt - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSDec'16Dec'17Dec'18Jun'20Jun'21Jun'22Jun'23Jun'24Mar'25Mar'26
Sales9936988491,3561,0091,1141,2301,1519341,408
Operating Expenses + 8776287051,042763847905845616955
Manufacturing Costs73818514013914713912287150
Material Costs412237269431312340362331263365
Employee Cost 154110131183154168206215142223
Other Costs 238200220287158193198178124217
Operating Profit 11671144314246268325306318453
Operating Profit Margin (%) 11.6%10.1%17.0%23.2%24.4%24.0%26.4%26.6%34.1%32.2%
Other Income + 24302870181318161021
Exceptional Items 01770000-2000
Interest 0000101101
Depreciation 25192129302728271724
Profit Before Tax 11599158355233253314273312450
Tax 3638561015661857277123
Profit After Tax 7961102254177193229201234327
PAT Margin (%) 8.0%8.7%12.0%18.7%17.5%17.3%18.7%17.5%25.1%23.2%
Adjusted EPS (₹)47.736.861.3153.1106.5116.0138.2121.1141.2196.9
Dividend Payout Ratio (%)23.10%40.80%717.90%150.30%122.10%45.30%68.70%214.80%88.50%104.10%
PARTICULARSDec'16Dec'17Dec'18Jun'20Jun'21Jun'22Jun'23Jun'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 6647331,540904700609743530532519
Share Capital 17171717171717171717
Reserves 6477171,524888683593726513515503
Debt +0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Minority Interest0000000000
Trade Payables758391124179172237167172192
Others Liabilities 6246999511,0841,0991,1571,253645599
Total Liabilities 1,3631,5162,5832,1121,9781,9382,233761759811

Fixed Assets

Net Fixed Assets +11914012498101110142127112100
Gross Block144192186200215241263223222231
Accumulated Depreciation25516110211413112197110132
CWIP 309172139413261114
Investments 287000000000
Inventories164158113134118115135109109137
Trade Receivables1071236695608311685145164
Cash Equivalents 2792781,243639469325440244189185
Others Assets 6367381,0181,1241,1911,2641,368189193211
Total Assets 1,3631,5162,5832,1121,9781,9382,233761759811
PARTICULARSDec'16Dec'17Dec'18Jun'20Jun'21Jun'22Jun'23Jun'24Mar'25Mar'26
Cash Flow From Operating Activity + 10754-130235247170236228169338
PBT 1151521,138355233253314273312450
Adjustment 158-914-12412741521215
Changes in Working Capital 30-47-50-641-47-30-12-74-23
Tax Paid -53-60-304-102-68-64-90-85-81-104
Cash Flow From Investing Activity + -75-481,270165-32-26-22-7101
Capex -32-10-19-23-51-38-38-22-1-14
Net Investments -59-57214124000000
Others 16201,07564191216151016
Cash Flow From Financing Activity + -15-22-30-883-387-289-98-418-235-344
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid -12-18-25-733-382-284-94-415-232-340
Others -3-4-5-150-5-5-5-3-2-4
Net Cash Flow 17-161,109-483-172-145116-197-56-5
PARTICULARSDec'16Dec'17Dec'18Jun'20Jun'21Jun'22Jun'23Jun'24Mar'25Mar'26
Ratios
ROE (%)12.618.748.9520.7922.0429.4133.9431.5844.1562.18
ROCE (%)18.3514.1613.929.0129.0838.4546.0742.5258.0584.86
Asset Turnover Ratio0.710.490.410.580.490.60.640.841.352
PAT to CFO Conversion(x)1.350.89-1.270.931.40.881.031.130.721.03
Working Capital Days
Receivable Days41.4058.9040.6021.7028.1022.2027.4029.1040.9036.10
Inventory Days58.6082.5058.3033.3045.7036.2034.4035.4038.8028.70
Payable Days61.20118.30116.2091177.10188.50206.40223.10235.40181.90

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Procter & Gamble Health Ltd FAQs

The current trading price of Procter&Gamble Healt on 14-Aug-2026 16:59 is ₹5,933.7.

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 13-Aug-2026 the market cap of Procter&Gamble Healt stood at ₹9,849.6 Cr

The latest P/E ratio of Procter&Gamble Healt as of 13-Aug-2026 is 27.60.

The latest P/B ratio of Procter&Gamble Healt as of 13-Aug-2026 is 16.00.

The 52-week high of Procter&Gamble Healt is ₹6,955 and the 52-week low is ₹4,699.7.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Procter&Gamble Healt is ₹1,433 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Procter & Gamble Health Ltd is a good quality company.

The key valuation ratios of Procter & Gamble Health Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Procter & Gamble Health Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Procter & Gamble Health Ltd

Procter & Gamble Health Limited (formerly Merck Limited) was set up in India as one of Merck’s Asian subsidiaries in 1967.  It was also the first Merck Group Company to go public in the year 1981.  Till 2018, the Company was operating in all businesses included in the pharmaceuticals and chemicals businesses in the country.

On December 1st, 2018, P&G successfully completed the acquisition of Merck’s Consumer Health business further to approval of all relevant regulatory authorities and the fulfilment of other customary closing conditions. Procter & Gamble Overseas India B.V. now holds 51.81% of the share capital in Merck Limited, while the remaining 48.19% is traded on the Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd.

Currently, Procter & Gamble Health Limited (formerly Merck Limited) is one of India’s largest VMS Companies manufacturing and marketing over-the-counter products, vitamins, minerals, and supplements products for a healthy lifestyle and improved quality of life. Its trusted products are household names in India protecting and supporting millions of people at every stage of life. With a strong portfolio of brands backed by science and trusted by doctors, pharmacists and consumers, Procter & Gamble Health Limited combines the best of P&G and Legacy Merck’s Consumer Health capabilities and cultures. Together we are working towards leveraging our combined expertise to develop categories and brands that meet today’s needs and tomorrow’s opportunities.

Situated at Usgaon, Goa, the company’s Manufacturing Site has grown from a small Vitamin E producing unit to a big composite plant manufacturing pharma and chemical products.

Business area of the company

Till 2018, the Company was operating in all businesses included in the pharmaceuticals and chemicals businesses in the country. The company is one of India’s largest VMS Companies manufacturing and marketing over-the-counter products, vitamins, minerals, and supplements products for a healthy lifestyle and improved quality of life. Its trusted products are household names in India protecting and supporting millions of people at every stage of life.

Brands of the company

  • Neurobion
  • Evion
  • Seven Seas
  • Nasivion
  • Polybion
  • Livogen

Awards and achievements

  • 2015-16: Merck Goa plant was awarded 1st prize in safety called “Gomant Sarvochcha Suraksha Puraskar”. This is consecutive 2nd time Merck Goa plant bagged 1st prize in safety. Prior to that Merck Goa plant bagged 2nd prize in safety “Gomant Uchcha Suraksha Puraskar” for two consecutive years.
  • 2016-17: Consumer activation done for Neurobion under ‘True Heroes’ campaign won laurels at the Global level to receive President’s Award in 2017.
  • 2017-18: Nasivion continued to be the Doctors’ trusted No. 1 Nasal Decongestant.
  • 2019-20: Neurobion bagged three awards viz. Nicholas Hall Marketing Excellence Award; CIMS Trusted Brand of the Year; and ABP News Brand Excellence Award.
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