GILLETTE
Large CapGillette India Limited
Consumer
Gillette India Limited is a consumer goods company operating in the Grooming and Oral Care segments. It focuses on product superiority, retail execution, and productivity to drive brand choice and deliver integrated growth across its portfolio.
One read, four checks
75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.
Strong fundamentals, management trust is supportive, but price trend argues for patience. Suitable for staggered entry or watchlist confirmation rather than aggressive buying.
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
low confidence · 0/0 claims checked
Timing lens: price trend and sector relative strength.
Rolling lens: recent quarterly delivery, not the latest single-result score.
Quarter ended 31 Mar 2026
Good · 60/100Rev +3% YoY · PAT +21% YoY · margin expansion · operating leverage
| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹792 Cr | +3.3% | +0.3% |
| EBITDA | ₹277 Cr | +22.6% | +11.7% |
| Operating margin | 35.0% | +600 bps | +400 bps |
| PAT | ₹193 Cr | +21.4% | +12.2% |
| PAT margin | 24.4% | +364 bps | +260 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Where growth can come from, and what can break the case
Gillette India reports strong 9-month fiscal performance with 12% sales growth and 40% PAT increase, driven by its integrated growth strategy.
The company delivered robust financial results for the 9-month fiscal, indicating effective execution of its integrated growth strategy. Focus on product superiority, productivity, and constructive disruption appears to be yielding positive outcomes despite soft urban demand.
Superiority to Win with Consumers
Driving brand choice through superior product, packaging, communication, and retail execution.
Productivity to Fuel Investments
Delivering INR 40 crores in productivity savings for FY 24/25 by optimizing materials, manufacturing, ad spend, and working capital.
Constructive Disruption
Implementing AI/ML-supported in-house models for curated by-store assortment and continuous supply chain optimization.
India GDP Growth
India's GDP growth continues to outpace global markets (2025 forecast: 6.5% vs. USA 2.2%, Euro Area 1.3%).
Economic Indicators
Stable economic indicators and investment by government.
Rural Consumption Recovery
Rural recovery is observed behind monsoons.
Evolving Global Trade Policy
Global trade policy is on the watchlist.
Soft Urban Demand
Urban consumption continues to be soft, and revival will need time.
Global Trade Policy
Evolving Global Trade Policy is identified as a factor on the watchlist.
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
The company changed its financial year to April 1 – March 31, making FY24-25 a 9-month period (July 1, 2024, to March 31, 2025). Performance is indexed versus the comparable 9-month period in the last year (July 1, 2023, to March 31, 2024) for accurate comparison.
Sales Growth
+12% Sales for the 9-month fiscal FY24-25 versus comparable 9-month period last year.
PAT Growth
+40% PAT for the 9-month fiscal FY24-25 versus comparable 9-month period last year.
Rural Demand
Pickup in Rural consumption behind monsoons.
Urban Demand
Urban continues to be soft; urban revival will need time.
Integrated Growth Strategy
Management is focused on an 'Integrated Growth Strategy' encompassing portfolio performance, superiority, productivity, constructive disruption, and an empowered organization.
Strong Performance
Management states the company 'Delivered a strong year' for FY 2024-25.
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Sales Growth | +12% (9-month FY24-25) | Sustained double-digit sales growth in subsequent periods. |
| PAT Growth | +40% (9-month FY24-25) | Continued PAT expansion, supported by productivity gains and operating leverage. |
| Rural Demand Recovery | Pickup in rural consumption | Evidence of sustained and accelerating rural demand growth. |
| Urban Demand Revival | Urban continues to be soft | Signs of improvement and positive momentum in urban consumption trends. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trend score and candlestick chart
42NeutralSMA20 -4.8% / mo · near 52W low
Technical chart
GILLETTEdaily · 1Y-7.6%Technical trend read
Bearish setupTrend is weak — long-term trend unclear. RSI 42.
- SMA20 falling (~2.0% over last month) — short-term momentum negative.
- RSI(14) at 42 — sideways, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 16% off 52W high · 6% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation, score drivers, trust methodology, financials, and peers
Use these sections after reviewing the decision summary, latest result, thesis, management accountability, and technical timing above.
Fundamental score breakdown
DEEP VALUEWhy this score?
Top U-Score contributors and drags from the latest stored fundamentals.
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 51.0%.
- Quality contributes 20/20 to the score.
Main drags
- Valuation is weaker at 11/30; verify the latest quarterly trend.
- Growth is weaker at 18/25; verify the latest quarterly trend.
- Balance sheet is weaker at 12/15; verify the latest quarterly trend.
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Score history
12 stored score snapshots. Latest stored move: +0 points.
Factor attribution
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
High Trust: Claim history is still being built. It ranks around the 100th percentile of the scored universe and 100th percentile within Consumer. No major sub-score weakness stands out.
High Trust Lite: Promoter holding is 75%.
Management behaviour ranks as unusually reliable. Still verify valuation and cycle risk.
overall median 67 · Consumer: 100th pctile, median 67 · Large: 100th pctile, median 74
18 documents indexed, but claim history is not strong enough yet.
0 claims extracted · No contradicted claim yet
How to read this Trust Score
High Trust · low confidenceRead Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Trust positives
- ▸Promoter holding is 75%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 2.3%.
- ▸12 years of positive FCF.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Intrinsic value
Fundamentals
Valuation
- P/E
- 38.70
- P/B
- 26.77
- EV/EBITDA
- 24.76
- Market Cap
- 25300.00Cr
Profitability
- ROE
- 66.40%
- ROCE
- 90.60%
- ROA
- 34.95%
- Dividend Y
- 1.55%
Growth (CAGR)
- Revenue 5Y
- 13.00%
- EPS 5Y
- 23.00%
- Revenue 3Y
- 11.00%
- EPS 3Y
- 31.00%
Balance Sheet
- Debt/Equity
- 0.00
- Interest Coverage
- 78.58×
- Altman Z
- 10.17
- Book Value
- 290.00
Cash Flow
- FCF Yield
- 2.34%
- FCF Positive Y
- 12/5
- OCF
- 607.00 Cr
- EPS TTM
- 200.80
Shareholding
- Promoter Hold
- 75.00%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 13%
Financial History
Updated 9/6/2026
Revenue
₹ CrNet Profit
₹ CrReturn on Equity
%Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.