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Last Updated on: 24 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Godrej Consumer Products Ltd

About the Company - Godrej Consumer Products Ltd

Godrej Consumer Products Ltd. is a Public Limited Listed company incorporated on 29/11/2000 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24246MH2000PLC129806 and registration number is 129806. Currently company belongs to the Industry of Personal Care. Company’s Total Operating Revenue is Rs. 6951.56 Cr. and Equity Capital is Rs. 102.26 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Personal CareGodrej One, 4th Floor, Mumbai Maharashtra 400079investor.relations@godrejcp.com
http://www.godrejcp.com
Management
NamePosition Held
Ms. Nisaba GodrejExecutive Chairperson
Mr. Sudhir SitapatiManaging Director & CEO
Ms. Tanya DubashNon Executive Director
Mr. Pirojsha GodrejNon Executive Director
Mr. Nadir GodrejNon Executive Director
Mr. Jamshyd N GodrejNon Executive Director
Mr. Narendra AmbwaniIndependent Director
Mr. Omkar GoswamiIndependent Director
Ms. Ndidi NwuneliIndependent Director
Mr. Sumeet NarangIndependent Director
Ms. Pippa Tubman ArmerdingIndependent Director
Ms. Ireena VittalLead Independent Director

Godrej Consumer Products Ltd. Share Price Update

Share PriceValue
Today₹1,199.30
Previous Day₹1,198.40

Basic Stock Data of Godrej Consumer Products Ltd

Market Cap 1,28,755 Cr.
Current Price 1,259
High / Low1,314/894
Stock P/E68.8
Book Value 142
Dividend Yield0.40 %
ROCE16.5 %
ROE13.5 %
Face Value 1.00

Data Source: screener.in

Godrej Consumer Products Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales2,9153,0552,7312,8943,1643,3032,9163,1253,3923,5993,2003,4493,602
Expenses2,2422,3622,1822,2932,5042,6352,4532,6042,8502,8722,5592,8062,898
Operating Profit673693549602660668463521542727641643704
OPM %23%23%20%21%21%20%16%17%16%20%20%19%20%
Other Income1422-47192136326173636-1353
Interest31242327252633354840537477
Depreciation51495453515450575357697661
Profit before tax604642424541606625384454458665556480619
Tax %24%22%14%24%21%16%5%24%22%18%19%34%30%
Net Profit458502366414479528363345359546452319433
EPS in Rs4.484.913.584.054.685.163.553.373.515.344.423.124.23

Godrej Consumer Products Ltd Quarterly Chart

Godrej Consumer Products Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales4,8536,4127,5998,2738,4249,2689,84710,3149,91111,02912,27613,31613,850
Expenses3,9915,4176,4306,8946,7667,3617,7638,1837,7578,6299,86710,87311,135
Operating Profit8639951,1691,3791,6571,9072,0842,1322,1542,3992,4092,4432,715
OPM %18%16%15%17%20%21%21%21%22%22%20%18%20%
Other Income2521946273-26276283362322378114112
Interest7387120112128154173238228138122188244
Depreciation64778291101142156170197204210236263
Profit before tax9771,0251,0301,2491,1671,6872,0392,0851,7602,0802,1552,1332,320
Tax %23%17%20%22%29%22%20%-12%15%17%17%20%
Net Profit7518458199768311,3081,6342,3421,4971,7211,7831,7021,750
EPS in Rs7.127.807.448.888.1012.7615.9922.9114.6416.8317.4416.6517.11
Dividend Payout %22%22%24%21%24%39%42%44%55%0%0%0%

Godrej Consumer Products Ltd Profit & Loss Yearly Chart

Godrej Consumer Products Ltd Growth

Compounded Sales Growth
10 Years:8%
5 Years:6%
3 Years:10%
TTM:7%
Compounded Profit Growth
10 Years:10%
5 Years:3%
3 Years:3%
TTM:13%
Stock Price CAGR
10 Years:18%
5 Years:13%
3 Years:19%
1 Year:32%
Return on Equity
10 Years:21%
5 Years:19%
3 Years:16%
Last Year:13%

Godrej Consumer Products Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital34343434343468102102102102102102
Reserves2,7703,2793,7414,2774,2335,2686,1907,1657,7969,33711,45413,69214,398
Borrowings1,8772,4562,3732,7172,8914,0013,5083,3823,5751,8641,7041,1303,275
Other Liabilities1,3171,9262,1712,0972,5213,6374,0983,4453,4072,9412,8222,5132,844
Total Liabilities5,9987,6958,3209,1259,67912,94013,86414,09414,88014,24416,08217,43720,619
Fixed Assets3,6924,4965,1215,5515,9318,0838,3158,6709,2318,9059,2199,93412,669
CWIP381411672254497845257571164555
Investments01211361861909349975166726791,0153,0293,008
Other Assets2,2692,9372,8953,1643,5143,8264,4684,8554,9204,6025,7314,4294,887
Total Assets5,9987,6958,3209,1259,67912,94013,86414,09414,88014,24416,08217,43720,619

Godrej Consumer Products Ltd Reserves and Borrowings Chart

Godrej Consumer Products Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 1,0998201,1161,0278471,8601,7231,7291,5882,0301,4512,151
Cash from Investing Activity -856-865-494-1,236-622-2,243-336274-552-292-844-1,754
Cash from Financing Activity -7282-620-12-202665-1,384-2,039-1,295-1,816-380-794
Net Cash Flow2352371-221232823-36-259-79227-398

Godrej Consumer Products Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days364135364841464643333334
Inventory Days12412611110212312513512514612712884
Days Payable12112512710314015220120421214913099
Cash Conversion Cycle384320343213-20-33-24113119
Working Capital Days-10-12-28-182-13-25-11-22113022
ROCE %20%18%18%20%23%22%21%20%19%20%19%17%

Godrej Consumer Products Ltd Financial Efficiency Indicators Chart

Godrej Consumer Products Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters63.23%63.23%63.23%63.22%63.22%63.22%63.22%63.22%63.22%63.22%63.22%63.21%
FIIs26.77%26.61%26.97%26.21%25.63%24.16%24.03%24.43%24.04%23.72%23.53%23.51%
DIIs3.09%3.05%1.23%4.60%5.02%5.93%6.05%6.47%6.74%7.11%7.37%7.65%
Public6.91%7.11%8.58%5.97%6.13%6.69%6.70%5.87%6.01%5.95%5.87%5.62%
No. of Shareholders1,74,3751,84,1181,84,9801,88,4812,08,8832,47,8092,42,9292,26,9492,23,8192,08,9672,00,5031,98,741

Godrej Consumer Products Ltd Shareholding Pattern Chart

No. of Godrej Consumer Products Ltd Shareholders

Godrej Consumer Products Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Aditya Birla Sun Life Frontline Equity Fund25913771.12257.03
Kotak Flexicap Fund - Regular Plan25000000.63247.96
Franklin India Bluechip Fund - Dividend20000002.98198.37
Franklin India Bluechip Fund - Growth20000002.98198.37
UTI Large Cap Fund17039401.53169.01
Kotak Balanced Advantage Fund13013850.88129.08
Kotak Equity Arbitrage Fund - Regular Plan12960000.44128.54
Axis Bluechip Fund12021790.39119.24
Bandhan Sterling Value Fund10000001.4999.19
Nippon India Large Cap Fund10000000.699.19

Godrej Consumer Products Ltd ROCE Trend

Godrej Consumer Products Ltd EPS Trend

Godrej Consumer Products Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)16.6517.4416.8314.6422.91
Diluted EPS (Rs.)16.6517.4416.8314.6422.90
Cash EPS (Rs.)18.9619.4918.8216.5624.56
Book Value[Excl.RevalReserv]/Share (Rs.)134.88113.0192.3177.2671.09
Book Value[Incl.RevalReserv]/Share (Rs.)134.88113.0192.3177.2671.09
Revenue From Operations / Share (Rs.)130.20120.05107.8696.95100.90
PBDIT / Share (Rs.)25.4124.3024.0122.0621.78
PBIT / Share (Rs.)23.1022.2522.0220.1320.12
PBT / Share (Rs.)20.8521.0720.3517.2120.39
Net Profit / Share (Rs.)16.6517.4416.8314.6322.90
NP After MI And SOA / Share (Rs.)16.6517.4416.8314.6422.91
PBDIT Margin (%)19.5120.2422.2622.7521.58
PBIT Margin (%)17.7418.5320.4120.7619.93
PBT Margin (%)16.0117.5518.8617.7520.21
Net Profit Margin (%)12.7814.5215.6015.0922.69
NP After MI And SOA Margin (%)12.7814.5215.6015.1022.70
Return on Networth / Equity (%)12.3415.4318.2318.9432.22
Return on Capital Employeed (%)16.6218.7022.1819.7620.00
Return On Assets (%)9.7211.0512.0410.0016.52
Long Term Debt / Equity (X)0.010.030.050.270.35
Total Debt / Equity (X)0.070.130.080.330.39
Asset Turnover Ratio (%)0.570.600.550.510.55
Current Ratio (X)1.761.431.081.061.20
Quick Ratio (X)1.300.890.660.680.80
Inventory Turnover Ratio (X)2.472.441.991.841.85
Dividend Payout Ratio (NP) (%)0.000.000.0054.6452.38
Dividend Payout Ratio (CP) (%)0.000.000.0048.2848.83
Earning Retention Ratio (%)0.000.000.0045.3647.62
Cash Earning Retention Ratio (%)0.000.000.0051.7251.17
Interest Coverage Ratio (X)14.7922.5619.3910.379.93
Interest Coverage Ratio (Post Tax) (X)11.0017.2714.948.2510.31
Enterprise Value (Cr.)99676.3976903.4574602.0055119.6372221.47
EV / Net Operating Revenue (X)7.496.266.765.567.00
EV / EBITDA (X)38.3530.9530.3824.4432.44
MarketCap / Net Operating Revenue (X)7.446.226.765.376.81
Retention Ratios (%)0.000.000.0045.3547.61
Price / BV (X)7.186.617.896.749.67
Price / Net Operating Revenue (X)7.446.226.765.376.81
EarningsYield0.010.020.020.020.03

Godrej Consumer Products Ltd Profitability Ratios (%)

Godrej Consumer Products Ltd Liquidity Ratios

Godrej Consumer Products Ltd Liquidity Ratios (%)

Godrej Consumer Products Ltd Interest Coverage Ratios (%)

Godrej Consumer Products Ltd Valuation Ratios

Fair Value of Godrej Consumer Products Ltd Stock

Fair Value: ₹1324.17

The stock is undervalued by 5.18% compared to the current price ₹1259

*Investments are subject to market risks

Strength and Weakness of Godrej Consumer Products Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 19.75%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -6.17, which is a positive sign.
  3. The company has higher reserves (7,200.00 cr) compared to borrowings (2,673.31 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (9.15 cr) and profit (76.54 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 21.52 and average Dividend Yield of 19.47%.
  2. The stock has a high average Cash Conversion Cycle of 13.67, which may not be favorable.

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 Godrej Consumer Products 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