GODREJ CONSUMER PRODUCTS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,350 INR | +2.11% |
|
+10.73% | +19.37% |
| May. 08 | Jefferies Adjusts Godrej Consumer Products’ Price Target to INR1,580 From INR1,520, Keeps at Buy | MT |
| May. 07 | INDIA STOCKS-Indian shares give up early gains; volatility at 15-month high | RE |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 701,206 | 532,473 | 746,057 | 764,175 | 990,122 | 1,381,114 | - | - |
| Enterprise Value (EV) 1 | 716,528 | 543,959 | 747,180 | 769,174 | 996,555 | 1,280,366 | 1,386,600 | 1,369,104 |
| P/E ratio | 30 x | 35.6 x | 43.4 x | 42.8 x | 58.1 x | -228 x | 58 x | 47.6 x |
| Yield | 1.36% | 1.15% | - | - | - | 0.64% | 0.85% | 1.01% |
| Capitalization / Revenue | 6.8 x | 5.37 x | 6.76 x | 6.22 x | 7.44 x | 9.08 x | 8.96 x | 8.08 x |
| EV / Revenue | 6.95 x | 5.49 x | 6.77 x | 6.27 x | 7.48 x | 9.08 x | 8.99 x | 8.01 x |
| EV / EBITDA | 33.8 x | 25.4 x | 31.3 x | 32.1 x | 41 x | 43.5 x | 40.2 x | 34.6 x |
| EV / FCF | 47.1 x | 37.9 x | 40 x | 65.5 x | 51.6 x | 63.6 x | 63 x | 52.1 x |
| FCF Yield | 2.12% | 2.64% | 2.5% | 1.53% | 1.94% | 1.57% | 1.59% | 1.92% |
| Price to Book | 9.65 x | 6.74 x | 7.9 x | 6.61 x | 7.18 x | 9.26 x | 9.26 x | 8.17 x |
| Nbr of stocks (in thousands) | 1,022,166 | 1,022,316 | 1,022,486 | 1,022,581 | 1,022,695 | 1,022,820 | - | - |
| Reference price 2 | 686.0 | 520.8 | 729.6 | 747.3 | 968.2 | 1,350 | 1,350 | 1,350 |
| Announcement Date | 5/3/19 | 5/13/20 | 5/11/21 | 5/19/22 | 5/10/23 | 5/6/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 103,143 | 99,108 | 110,286 | 122,765 | 133,160 | 140,961 | 154,199 | 171,013 |
| EBITDA 1 | 21,176 | 21,430 | 23,882 | 23,951 | 24,305 | 29,435 | 34,530 | 39,544 |
| EBIT 1 | 19,476 | 19,458 | 21,844 | 21,852 | 21,942 | 27,025 | 31,941 | 36,860 |
| Operating Margin | 18.88% | 19.63% | 19.81% | 17.8% | 16.48% | 19.17% | 20.71% | 21.55% |
| Earnings before Tax (EBT) 1 | 20,847 | 17,596 | 20,804 | 21,553 | 21,327 | 26,648 | 32,433 | 38,181 |
| Net income 1 | 23,415 | 14,966 | 17,208 | 17,834 | 17,025 | -5,606 | 23,962 | 29,127 |
| Net margin | 22.7% | 15.1% | 15.6% | 14.53% | 12.79% | -3.98% | 15.54% | 17.03% |
| EPS 2 | 22.90 | 14.64 | 16.83 | 17.44 | 16.65 | -5.480 | 23.30 | 28.36 |
| Free Cash Flow 1 | 15,211 | 14,361 | 18,658 | 11,741 | 19,309 | 22,020 | 22,004 | 26,294 |
| FCF margin | 14.75% | 14.49% | 16.92% | 9.56% | 14.5% | 15.52% | 14.27% | 15.38% |
| FCF Conversion (EBITDA) | 71.83% | 67.01% | 78.12% | 49.02% | 79.45% | 74.28% | 63.72% | 66.49% |
| FCF Conversion (Net income) | 64.96% | 95.96% | 108.42% | 65.84% | 113.42% | 111.73% | 91.83% | 90.27% |
| Dividend per Share 2 | 9.330 | 6.000 | - | - | - | 8.708 | 11.46 | 13.62 |
| Announcement Date | 5/3/19 | 5/13/20 | 5/11/21 | 5/19/22 | 5/10/23 | 5/6/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 30,554 | 27,307 | 28,944 | 31,636 | 33,026 | 29,158 | 31,250 | 33,919 | 35,989 | 32,002 | 34,489 | 35,809 | 36,974 | 33,728 | 36,554 |
| EBITDA 1 | 6,934 | 5,490 | 6,000 | 6,596 | 6,680 | 4,676 | 5,208 | 5,421 | 7,266 | 6,409 | 6,428 | 6,896 | 8,134 | 7,339 | 8,247 |
| EBIT 1 | 6,444 | 4,945 | 5,491 | 6,087 | 6,138 | 4,136 | 4,637 | 4,888 | 6,693 | 5,723 | 5,666 | 6,207 | 7,782 | 6,643 | 7,601 |
| Operating Margin | 21.09% | 18.11% | 18.97% | 19.24% | 18.59% | 14.18% | 14.84% | 14.41% | 18.6% | 17.88% | 16.43% | 17.33% | 21.05% | 19.7% | 20.79% |
| Earnings before Tax (EBT) | 6,420 | 4,244 | 5,409 | 6,056 | 6,248 | 3,840 | 4,544 | 4,577 | 6,651 | 5,555 | 4,799 | 5,887 | 7,076 | 7,043 | - |
| Net income 1 | 5,021 | 3,658 | 4,137 | 4,789 | 5,276 | 3,632 | 3,451 | 3,589 | 5,463 | 4,521 | 3,188 | 4,439 | 5,602 | 5,008 | 5,524 |
| Net margin | 16.43% | 13.4% | 14.29% | 15.14% | 15.98% | 12.46% | 11.04% | 10.58% | 15.18% | 14.13% | 9.24% | 12.4% | 15.15% | 14.85% | 15.11% |
| EPS 2 | 4.910 | 3.580 | 4.050 | 4.680 | 5.160 | 3.550 | 3.370 | 3.510 | 5.340 | 4.420 | 3.120 | 4.285 | 5.505 | 5.883 | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.990 | - |
| Announcement Date | 2/8/21 | 5/11/21 | 8/4/21 | 11/11/21 | 2/8/22 | 5/19/22 | 8/3/22 | 11/8/22 | 1/31/23 | 5/10/23 | 8/7/23 | - | - | - | - |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 15,322 | 11,485 | 1,123 | 4,999 | 6,432 | 19,413 | 5,486 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | 12,011 |
| Leverage (Debt/EBITDA) | 0.7236 x | 0.5359 x | 0.047 x | 0.2087 x | 0.2647 x | 0.6549 x | 0.1589 x | - |
| Free Cash Flow 1 | 15,211 | 14,361 | 18,658 | 11,741 | 19,309 | 22,020 | 22,004 | 26,294 |
| ROE (net income / shareholders' equity) | 23.3% | 21% | 20.3% | 17% | 13.4% | 13.6% | 17.5% | 18.6% |
| ROA (Net income/ Total Assets) | 11.2% | 10.9% | 12% | 11.7% | 10.1% | 11% | 13.4% | 14.9% |
| Assets 1 | 208,620 | 137,176 | 143,139 | 152,085 | 168,164 | 178,786 | 178,930 | 195,721 |
| Book Value Per Share 2 | 71.10 | 77.30 | 92.30 | 113.0 | 135.0 | 146.0 | 146.0 | 165.0 |
| Cash Flow per Share 2 | 16.90 | 9.000 | 19.80 | 14.20 | 21.00 | 20.60 | 25.10 | 29.90 |
| Capex 1 | 2,077 | 1,520 | 1,639 | 2,765 | 2,197 | 3,916 | 4,125 | 3,936 |
| Capex / Sales | 2.01% | 1.53% | 1.49% | 2.25% | 1.65% | 2.76% | 2.68% | 2.3% |
| Announcement Date | 5/3/19 | 5/13/20 | 5/11/21 | 5/19/22 | 5/10/23 | 5/6/24 | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
36
Last Close Price
1,350
INR
Average target price
1,356
INR
Spread / Average Target
+0.39%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +19.37% | 16.21B | |
| +12.65% | 391B | |
| +11.29% | 132B | |
| +17.26% | 77.19B | |
| -12.13% | 67B | |
| -11.43% | 46.43B | |
| -5.02% | 38.45B | |
| +6.37% | 34.77B | |
| +11.04% | 18.02B | |
| -0.11% | 11.86B |
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- GODREJCP Stock
- Financials Godrej Consumer Products Limited