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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Bajaj Consumer Care Ltd

About the Company - Bajaj Consumer Care Ltd

Bajaj Consumer Care Ltd. is a Public Limited Listed company incorporated on 25/04/2006 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L01110RJ2006PLC047173 and registration number is 047173. Currently Company is involved in the business activities of Manufacture of hair oil, shampoo, hair dye etc. (includes manufacture of shampoos, hair sprays, hair fixers, hair oils, hair creams, hair dyes and bleaches and preparations for permanent waving or straightening of the hair etc.). Company’s Total Operating Revenue is Rs. 878.37 Cr. and Equity Capital is Rs. 14.75 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Personal CareOld Station Road, Sevashram Chouaha, Udaipur Rajasthan 313001complianceofficer@bajajconsumer.com
http://www.bajajconsumercare.com
Management
NamePosition Held
Mr. Kushagra Nayan BajajNon Executive Chairman
Mr. Jaideep NandiManaging Director
Mr. Sumit MalhotraNon Exe.Non Ind.Director
Ms. Lilian Jessie PaulIndependent Director
Mr. Gaurav DalmiaIndependent Director
Mr. Dilip CherianIndependent Director
Mr. Aditya Vikram Ramesh SomaniIndependent Director

Basic Stock Data of Bajaj Consumer Care Ltd

Last Updated: April 9, 2024, 9:16 pm

Market Cap 3,274 Cr.
Current Price 229
High / Low263/151
Stock P/E20.4
Book Value 56.2
Dividend Yield2.18 %
ROCE21.0 %
ROE17.3 %
Face Value 1.00
PEG Ratio-9.26

Bajaj Consumer Care Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales227248249217216229218249232230249270235
Expenses164186187164168190184213202197208222198
Operating Profit62626252483935363132424837
OPM %28%25%25%24%22%17%16%15%13%14%17%18%16%
Other Income896810101171010101111
Interest0000100000000
Depreciation2221111222222
Profit before tax69706659564744413840495645
Tax %18%18%17%17%18%18%18%17%17%18%18%17%18%
Net Profit57575549473836343233404637
EPS in Rs3.863.883.713.313.152.602.432.302.152.252.803.242.61

Bajaj Consumer Care Ltd Quarterly Chart

Bajaj Consumer Care Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales468600665817800797828918852922880961994
Expenses351428479578526533575644647678706820831
Operating Profit117172186239274264254274205243174141162
OPM %25%29%28%29%34%33%31%30%24%26%20%15%16%
Other Income374012-15-182124173035393743
Interest0060011141111
Depreciation34455577665910
Profit before tax151208187219250278270283225270206169195
Tax %21%20%20%21%22%22%22%22%18%17%18%18%
Net Profit120166149173196218211222185223170139160
EPS in Rs8.1411.2710.1011.7113.3214.8014.3115.0212.5215.1211.509.6311.20
Dividend Payout %49%58%64%98%86%78%84%93%16%66%70%51%

Bajaj Consumer Care Ltd Profit & Loss Yearly Chart

Bajaj Consumer Care Ltd Growth

Compounded Sales Growth
10 Years:4%
5 Years:1%
3 Years:2%
TTM:2%
Compounded Profit Growth
10 Years:-1%
5 Years:-7%
3 Years:-11%
TTM:12%
Stock Price CAGR
10 Years:0%
5 Years:-7%
3 Years:-6%
1 Year:31%
Return on Equity
10 Years:32%
5 Years:24%
3 Years:19%
Last Year:19%

Last Updated: April 9, 2024, 9:16 pm

Bajaj Consumer Care Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital15151515151515151515151414
Reserves413468504474466479478453638742795775787
Borrowings-0-0-0-010151325205-0911
Other Liabilities667360797580102113141132122125146
Total Liabilities494555579568566590608605815894931924958
Fixed Assets82121236185139162158154151149152160162
CWIP-01111015222725282828
Investments313183157184275339307251446585612575547
Other Assets10025018619915190127178191135140161222
Total Assets494555579568566590608605815894931924958

Bajaj Consumer Care Ltd Reserves and Borrowings Chart

Bajaj Consumer Care Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 90123126207193212180176179237129101
Cash from Investing Activity -42-103-196-153768-173-106064
Cash from Financing Activity -101-111-112-204-194-200-216-238-9-134-124-163
Net Cash Flow-54217-165-316-3-352

Bajaj Consumer Care Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days465612131415119812
Inventory Days1625182726158637384485743
Days Payable12370849553559287108764537
Cash Conversion Cycle43-132-162016-151-13-201917
Working Capital Days5-7-2-72-241914-416
ROCE %44%43%52%60%57%53%58%39%38%26%21%

Bajaj Consumer Care Ltd Financial Efficiency Indicators Chart

Bajaj Consumer Care Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters38.04%38.04%38.04%38.04%38.04%38.04%38.04%39.16%39.35%39.35%39.35%39.30%
FIIs25.39%24.44%18.83%17.55%14.82%12.08%11.31%11.71%12.75%14.76%14.41%14.10%
DIIs16.12%13.83%14.67%12.62%12.92%17.46%18.62%19.47%16.97%17.42%17.17%17.47%
Public20.45%23.69%28.46%31.79%34.22%32.43%32.03%29.66%30.95%28.47%29.06%29.12%
No. of Shareholders97,3591,25,2751,57,3241,71,9291,82,2771,81,1481,76,4181,63,3591,55,4571,39,1941,40,5111,37,158

Bajaj Consumer Care Ltd Shareholding Pattern Chart

No. of Bajaj Consumer Care Ltd Shareholders

Bajaj Consumer Care Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
HDFC Small Cap Fund - Regular Plan94326350.91212.42
Nippon India Small Cap Fund66812670.4150.46
Nippon India Multi Cap Fund27121830.2961.08
HDFC Multi Cap Fund11648690.326.23
ICICI Prudential FMCG Fund - Dividend3646680.578.21
ICICI Prudential FMCG Fund - Growth3646680.578.21
Bandhan Hybrid Equity Fund2000000.724.5
LIC MF Focused 30 Equity Fund1109581.972.5
LIC MF Dividend Yield Fund830262.071.87
Motilal Oswal Nifty Microcap 250 Index Fund722320.421.63

Bajaj Consumer Care Ltd ROCE Trend

Bajaj Consumer Care Ltd EPS Trend

Bajaj Consumer Care Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)9.4811.5015.1212.5215.02
Diluted EPS (Rs.)9.4711.4915.1212.5215.02
Cash EPS (Rs.)10.3611.8415.5512.9215.50
Book Value[Excl.RevalReserv]/Share (Rs.)55.3654.8851.3244.2731.69
Book Value[Incl.RevalReserv]/Share (Rs.)55.3654.8851.3244.2731.69
Revenue From Operations / Share (Rs.)67.3659.6462.4857.7662.27
PBDIT / Share (Rs.)12.5014.4118.8415.9319.76
PBIT / Share (Rs.)11.9014.0618.4215.5419.28
PBT / Share (Rs.)11.8313.9918.3215.2519.20
Net Profit / Share (Rs.)9.7611.5015.1212.5215.02
NP After MI And SOA / Share (Rs.)9.7611.5015.1212.5215.02
PBDIT Margin (%)18.5524.1530.1527.5831.72
PBIT Margin (%)17.6623.5729.4726.8930.95
PBT Margin (%)17.5623.4629.3226.4030.82
Net Profit Margin (%)14.4819.2724.2021.6824.12
NP After MI And SOA Margin (%)14.4819.2724.2021.6824.12
Return on Networth / Equity (%)17.6220.9529.4728.2847.41
Return on Capital Employeed (%)21.2325.5135.8335.0960.81
Return On Assets (%)15.0618.2124.9622.6836.61
Total Debt / Equity (X)0.000.000.010.030.05
Asset Turnover Ratio (%)1.010.951.061.171.48
Current Ratio (X)5.866.325.293.923.09
Quick Ratio (X)5.455.844.973.532.65
Inventory Turnover Ratio (X)4.734.984.424.365.61
Dividend Payout Ratio (NP) (%)42.3969.5852.890.0093.18
Dividend Payout Ratio (CP) (%)39.9467.5651.450.0090.30
Earning Retention Ratio (%)57.6130.4247.110.006.82
Cash Earning Retention Ratio (%)60.0632.4448.550.009.70
Interest Coverage Ratio (X)183.14210.59202.1155.35248.87
Interest Coverage Ratio (Post Tax) (X)144.01169.07163.2344.51190.25
Enterprise Value (Cr.)2147.602394.143829.741967.364584.65
EV / Net Operating Revenue (X)2.232.724.152.314.99
EV / EBITDA (X)12.0511.2613.788.3715.73
MarketCap / Net Operating Revenue (X)2.252.744.162.304.98
Retention Ratios (%)57.6030.4147.100.006.81
Price / BV (X)2.742.975.063.009.79
Price / Net Operating Revenue (X)2.252.744.162.304.98
EarningsYield0.060.070.050.090.04

Bajaj Consumer Care Ltd Profitability Ratios (%)

Bajaj Consumer Care Ltd Liquidity Ratios

Bajaj Consumer Care Ltd Liquidity Ratios (%)

Bajaj Consumer Care Ltd Interest Coverage Ratios (%)

Bajaj Consumer Care Ltd Valuation Ratios

Fair Value

Fair Value: ₹202.66

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Overvalued: 11.50% compared to the current price ₹229

Intrinsic Value: ₹198.20

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 13.45% compared to the current price ₹229

Last 5 Year EPS CAGR: -2.20%

*Investments are subject to market risks

Strength and Weakness of Bajaj Consumer Care Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 40.92%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 2.42, which is a positive sign.
  3. The company has higher reserves (574.77 cr) compared to borrowings (8.31 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (807.85 cr) and profit (223.92 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 3.42, which may not be favorable.

FAQ

What is the latest fair value of Bajaj Consumer Care Ltd?

The latest fair value of Bajaj Consumer Care Ltd is 202.66.

What is the Market Cap of Bajaj Consumer Care Ltd?

The Market Cap of Bajaj Consumer Care Ltd is 3,274 Cr..

What is the current Stock Price of Bajaj Consumer Care Ltd as on 13 April 2024?

The current stock price of Bajaj Consumer Care Ltd as on 13 April 2024 is 229.

What is the High / Low of Bajaj Consumer Care Ltd stocks in FY 2024?

In FY 2024, the High / Low of Bajaj Consumer Care Ltd stocks is ₹263/151.

What is the Stock P/E of Bajaj Consumer Care Ltd?

The Stock P/E of Bajaj Consumer Care Ltd is 20.4.

What is the Book Value of Bajaj Consumer Care Ltd?

The Book Value of Bajaj Consumer Care Ltd is 56.2.

What is the Dividend Yield of Bajaj Consumer Care Ltd?

The Dividend Yield of Bajaj Consumer Care Ltd is 2.18 %.

What is the ROCE of Bajaj Consumer Care Ltd?

The ROCE of Bajaj Consumer Care Ltd is 21.0 %.

What is the ROE of Bajaj Consumer Care Ltd?

The ROE of Bajaj Consumer Care Ltd is 17.3 %.

What is the Face Value of Bajaj Consumer Care Ltd?

The Face Value of Bajaj Consumer Care Ltd is 1.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Bajaj Consumer Care Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE