Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹25,917Cr
Rev Gr TTM
Revenue Growth TTM
10.08%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

GILLETTE
VS
| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | 9.3 | 12.0 | 7.7 | 3.4 | 10.0 | 4.2 | 17.1 | 7.2 | 12.7 | 9.5 | 3.7 | 15.2 |
| 485 | 476 | 530 | 483 | 519 | 470 | 591 | 503 | 542 | 496 | 603 | 542 |
Operating Profit Operating ProfitCr |
| 21.6 | 23.2 | 20.6 | 24.5 | 23.7 | 27.2 | 24.4 | 26.6 | 29.4 | 29.8 | 25.6 | 31.4 |
Other Income Other IncomeCr | 12 | 5 | 9 | 7 | 6 | 5 | 7 | 9 | 12 | 7 | 9 | 8 |
Interest Expense Interest ExpenseCr | 1 | 3 | 1 | 4 | 4 | 4 | 1 | 4 | 3 | 1 | 4 | 4 |
Depreciation DepreciationCr | 22 | 22 | 20 | 21 | 21 | 21 | 19 | 21 | 25 | 20 | 20 | 19 |
| 123 | 124 | 125 | 139 | 143 | 155 | 177 | 167 | 210 | 195 | 193 | 232 |
| 20 | 32 | 32 | 35 | 44 | 39 | 44 | 41 | 51 | 50 | 49 | 60 |
|
Growth YoY PAT Growth YoY% | 48.2 | 35.7 | 6.8 | 39.6 | -3.5 | 26.4 | 43.5 | 21.2 | 60.1 | 25.6 | 8.0 | 36.9 |
| 16.6 | 14.8 | 13.9 | 16.3 | 14.6 | 18.0 | 17.0 | 18.4 | 20.7 | 20.6 | 17.7 | 21.8 |
| 31.5 | 28.1 | 28.4 | 31.9 | 30.4 | 35.6 | 40.8 | 38.7 | 48.7 | 44.7 | 44.1 | 52.9 |
| Financial Year | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Mar 2025 | TTM |
|---|
|
| 12.6 | -6.4 | -1.2 | -3.3 | 11.0 | -9.8 | 19.7 | 12.3 | 9.8 | 6.3 | | 37.6 |
| 1,710 | 1,450 | 1,352 | 1,295 | 1,481 | 1,320 | 1,549 | 1,774 | 1,938 | 2,002 | 1,636 | 2,183 |
Operating Profit Operating ProfitCr |
| 8.8 | 17.4 | 22.0 | 22.8 | 20.5 | 21.4 | 22.9 | 21.4 | 21.8 | 24.0 | 26.8 | 29.0 |
Other Income Other IncomeCr | 35 | 36 | 38 | 13 | 14 | 11 | 32 | 8 | 22 | 26 | 28 | 35 |
Interest Expense Interest ExpenseCr | 5 | 6 | 7 | 7 | 8 | 5 | 5 | 11 | 8 | 13 | 9 | 12 |
Depreciation DepreciationCr | 39 | 30 | 38 | 42 | 48 | 51 | 58 | 68 | 81 | 83 | 64 | 84 |
| 156 | 306 | 374 | 345 | 339 | 314 | 429 | 411 | 473 | 562 | 554 | 830 |
| 57 | 106 | 121 | 116 | 86 | 84 | 119 | 122 | 117 | 151 | 136 | 210 |
|
| 119.8 | 100.2 | 27.0 | -9.5 | 10.4 | -9.0 | 34.8 | -6.8 | 22.9 | 15.8 | | 48.6 |
| 5.3 | 11.3 | 14.6 | 13.7 | 13.6 | 13.7 | 15.4 | 12.8 | 14.4 | 15.6 | 18.7 | 20.2 |
| 48.5 | 65.7 | 77.7 | 70.3 | 77.6 | 70.6 | 95.3 | 88.8 | 109.2 | 126.3 | 128.2 | 190.4 |
| Financial Year | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 |
| 769 | 904 | 468 | 662 | 746 | 879 | 756 | 829 | 956 | 939 | 991 | 1,130 |
Current Liabilities Current LiabilitiesCr | 406 | 484 | 464 | 479 | 381 | 379 | 527 | 674 | 818 | 759 | 782 | 873 |
Non Current Liabilities Non Current LiabilitiesCr | 3 | 4 | 34 | 35 | 51 | 62 | 79 | 83 | 109 | 100 | 113 | 114 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 838 | 973 | 498 | 632 | 601 | 774 | 769 | 963 | 1,250 | 1,187 | 1,282 | 1,542 |
Non Current Assets Non Current AssetsCr | 372 | 451 | 500 | 577 | 609 | 578 | 626 | 656 | 666 | 644 | 635 | 607 |
Total Assets Total AssetsCr |
| Financial Year | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 172 | 279 | 248 | 237 | 134 | 225 | 443 | 462 | 463 | 509 | 328 |
Investing Cash Flow Investing Cash FlowCr | -103 | 155 | 14 | -77 | -65 | -29 | -79 | -112 | -67 | -49 | -27 |
Financing Cash Flow Financing Cash FlowCr | -58 | -79 | -684 | -39 | -165 | -105 | -430 | -225 | -231 | -440 | -358 |
|
Free Cash Flow Free Cash FlowCr | 172 | 213 | 190 | 156 | 59 | 190 | 353 | 345 | 384 | 442 | 284 |
| 172.7 | 140.2 | 98.0 | 103.5 | 53.0 | 97.8 | 142.8 | 159.5 | 130.1 | 123.6 | 78.5 |
CFO To EBITDA CFO To EBITDA% | 104.3 | 91.4 | 65.0 | 62.1 | 35.2 | 62.7 | 96.2 | 95.7 | 85.8 | 80.6 | 54.7 |
| Financial Year | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 14,879 | 14,909 | 16,651 | 20,991 | 24,373 | 16,227 | 18,509 | 16,324 | 16,563 | 23,608 | 26,138 |
Price To Earnings Price To Earnings | 100.4 | 69.6 | 65.8 | 91.7 | 96.4 | 70.5 | 59.6 | 56.4 | 46.6 | 57.3 | 46.9 |
Price To Sales Price To Sales | 7.9 | 8.5 | 9.6 | 12.5 | 13.1 | 9.7 | 9.2 | 7.2 | 6.7 | 9.0 | 11.7 |
Price To Book Price To Book | 20.0 | 15.9 | 33.3 | 30.2 | 31.3 | 17.8 | 23.5 | 19.0 | 16.8 | 24.3 | 25.6 |
| 89.1 | 47.0 | 43.3 | 54.4 | 63.6 | 44.5 | 39.8 | 33.2 | 29.9 | 36.6 | 42.9 |
Profitability Ratios Profitability Ratios |
| 54.9 | 51.3 | 54.7 | 58.7 | 56.0 | 54.6 | 56.2 | 53.5 | 52.0 | 58.2 | 59.0 |
| 8.8 | 17.4 | 22.0 | 22.8 | 20.5 | 21.4 | 22.9 | 21.4 | 21.8 | 24.0 | 26.8 |
| 5.3 | 11.3 | 14.6 | 13.7 | 13.6 | 13.7 | 15.4 | 12.8 | 14.4 | 15.6 | 18.7 |
| 20.1 | 33.2 | 76.1 | 50.7 | 44.6 | 35.0 | 55.1 | 49.0 | 48.6 | 59.2 | 55.0 |
| 12.4 | 21.3 | 50.5 | 33.0 | 32.5 | 25.3 | 39.3 | 33.6 | 36.0 | 42.4 | 40.8 |
| 8.2 | 14.0 | 25.4 | 18.9 | 20.9 | 17.0 | 22.3 | 17.9 | 18.6 | 22.5 | 21.8 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
Gillette India Ltd, a subsidiary of Procter & Gamble (P&G), continues to maintain its leadership position in India’s grooming and oral care markets. As of November 2025, the company is strategically focused on innovation, digital transformation, and inclusive growth—driving market share gains, expanding consumer access, and strengthening brand equity across both mass and premium segments.
The business is anchored in two core categories: **Grooming** (razors, blades, shaving foams, trimmers, and Braun appliances) and **Oral Care** (manual and electric toothbrushes under the Oral-B brand). Grooming remains the dominant segment, contributing approximately 80% of business salience, while oral care is growing rapidly—especially in the electric toothbrush segment.
---
### **Key Strategic Focus Areas (2023–2025)**
#### **1. Product Innovation & Portfolio Enhancement**
- **Oral Care Expansion (Launched Jun & Aug 2025):**
- Launched the **iO3 electric toothbrush**, delivering a premium power brushing experience at an affordable price point—aimed at bridging the gap between manual and advanced electric brushes.
- Introduced the **Vitality Pro Sensitive**, designed for consumers with sensitive teeth, featuring a one-touch start and gentle cleaning action, supporting smoother transition from manual brushing.
- These launches align with a broader trend: Oral-B’s electric toothbrush segment has **doubled in size over the past three years**, driven by targeted marketing and e-commerce strategies.
- **Grooming Leadership & Premiumization:**
- **Gillette Labs Razor**: A super-premium offering combining shaving with **gentle exfoliation**, supported by a lifetime handle warranty. Reinforces Gillette’s 115-year legacy of innovation.
- **Mach3 Enhancements**: Upgraded with **three anti-friction blades** and **facial adaptive technology** for a low-irritation, close shave that improves over multiple uses.
- **Gillette Guard Upgrade (launched Sep 2024 & Jun 2025):** Chrome-platinum coated blades for improved rust resistance, offering a **cut-free shave at ₹12 per blade**, gaining trust of over **5 million new consumers**.
- **Women-Centric Innovation:**
- **Venus Bikini Sensitive Razor**: Dermatologically tested with a **patented irritation-defence bar**, catering to intimate grooming needs.
- **Venus Swirl (Sep 2023)**: India’s first 5-blade rotating-head razor, targeting smoother glides and enhanced comfort.
- Venus has doubled its business over five years and now contributes **double-digit percentage revenue** within the grooming portfolio.
- **Beard Grooming Evolution:**
- Repositioned **Gillette Fusion** with **FlexBall Technology** as a styling tool for bearded consumers, addressing rising demand for facial hair shaping.
- Launched **King C Gillette beard care line** (Oct 2021), backed by over a century of R&D, to tap into premium beard grooming trends.
#### **2. Digital & E-commerce Strategy**
- E-commerce and quick commerce have become critical to consumer behavior. The company has:
- Expanded **distribution reach to over 1 million additional stores** in three years.
- Strengthened partnerships with key online platforms to ensure **right product, right place, right time**.
- Revamped **Gillette’s digital content** using consumer reviews and ratings, improving online conversion rates.
- Leveraged **targeted digital and social media campaigns**, especially for Venus, to educate and engage female consumers around pain-free grooming.
#### **3. Retail Execution & Distribution Excellence**
- Developed an AI-powered **“Smart Distribution” system** (launched Sep 2023) that enables **store-level customization** of product assortments based on hyper-local consumer behavior.
- Implemented **neighborhood-level demand planning**, shifting from cluster-based models—helping kirana stores optimize inventory and reduce stockouts.
- Focused on improving **in-store availability, merchandising, and pricing**, enhancing the shopper experience.
#### **4. Packaging & Consumer Communication**
- Redesigned packaging across key brands to communicate benefits clearly and improve point-of-sale decisions:
- **Gillette Fusion 5**: Premium 3D packaging highlighting the **“Perfect Shave, Perfect Shape”** value proposition.
- **Venus**: Clearer labeling of features, ingredients, and usage instructions.
- **Oral-B Kids’ Range**: Launched ‘**Chhota Bheem**’ and other character-based toothbrushes (e.g., Superhero, Tom & Jerry) to make brushing fun and build early brand loyalty.
#### **5. Technology & Supply Chain Transformation**
- **Supply Chain 3.0 Initiative** (Dec 2024):
- Integrated **AI, data analytics, and automation** to improve forecasting, production, and replenishment.
- Reduced supply chain touchpoints by **60%**, improving efficiency and speed to market.
- **AI-Driven Quality Control:**
- Deployed **real-time AI image recognition systems** in manufacturing for automated quality checks.
- Ensures consistent product quality while accelerating go-to-market timelines.
---
### **Financial & Market Performance (FY 2024–25)**
- Achieved **highest-ever market share in the Blades & Razors category**, despite a competitive landscape valued at ₹3,300 crores and growing at mid-single digits.
- Grooming segment delivered **strong revenue growth and margin expansion**, driven by:
- Product superiority
- Packaging innovation
- Effective consumer engagement
- Successful trial programs
- Braun appliances reported **healthy double-digit growth**, benefiting from integrated sales operations and premium appeal.
- Oral Care maintained stable performance with **strong double-digit growth in the Criss Cross Sensitive range**, while electric brush sales accelerated due to improved accessibility.
---
### **Consumer Insights & Behavioral Shifts**
- **49% of Indian consumers are dissatisfied** with their current brushing experience—creating a significant opportunity for Oral-B’s power toothbrushes.
- Men’s grooming preferences are evolving: increasing interest in **beards and styling**, driving demand for versatile tools like Fusion and trimmers.
- Women increasingly prefer **in-home, on-the-go hair removal**; Venus dominates this fast-growing segment with dermatologically safe, pain-free solutions.
- Youth (Gen-Z and adolescents) are a key focus—engaged through university programs, gaming partnerships, and gifting campaigns aligned with pop culture.
---
### **Sustainability, Inclusion & Social Impact**
- Gillette continues to promote **healthy grooming and oral hygiene habits** through initiatives like:
- Partnership with **Indian Dental Association** for the **Smile Suraksha Program**.
- Launch of **affordable, high-performance variants** (e.g., Gillette Guard, Complete Clean brush) to serve value-conscious and underserved consumers.
- Inclusivity embedded in brand messaging—e.g., **culturally resonant campaigns** in Hindi heartland using local celebrities and music.