Gillette India Limited Earnings Summary — Q1 FY2027
Gillette India Reports Robust 11% Revenue Growth in Q1 as Oral Care Segment Momentum Builds
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue declined 1.1% sequentially in Q1 FY2027.
- Revenue of ₹783 Cr is 10.8% higher year-on-year.
- Revenue has compounded at 6.4% annualised over the last 10 quarters.
- Net profit of ₹159 Cr is 9.4% above the same quarter last year.
- Profit growth is trailing revenue growth this quarter.
- Net profit has compounded at 23.5% annualised across the period.
- Operating margin stands at 29.1% in Q1 FY2027.
- Operating margin compressed by 66 bps year-on-year.
- Over the last two years operating margin has expanded by 189 bps.
- PBT margin is 27.3%.
- Expenses grew 11.8% against revenue growth of 10.8%.
- Operating profit of ₹228 Cr is 8.3% higher year-on-year.
- Operating leverage has been under pressure recently.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 68/100 (Healthy) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Stable | 783 | 792 | 790 | 811 | 707 | 767 | 686 | 782 | 645 | 681 |
| Expenses | Stable | 555 | 515 | 542 | 603 | 496 | 542 | 503 | 591 | 470 | 519 |
| Operating Profit | Improving | 228 | 277 | 248 | 208 | 210 | 226 | 183 | 190 | 176 | 161 |
| Operating Margin | Improving | 29.1% | 35.0% | 31.4% | 25.6% | 29.8% | 29.4% | 26.6% | 24.4% | 27.2% | 23.7% |
| Other Income | Improving | 5 | 5 | 8 | 9 | 7 | 12 | 9 | 7 | 5 | 6 |
| Interest | Volatile | 1 | 3 | 4 | 4 | 1 | 3 | 4 | 1 | 4 | 4 |
| Depreciation | Stable | 18 | 19 | 19 | 20 | 20 | 25 | 21 | 19 | 21 | 21 |
| Profit Before Tax | Improving | 214 | 260 | 232 | 193 | 195 | 210 | 167 | 177 | 155 | 143 |
| Tax | Improving | 55 | 68 | 60 | 49 | 50 | 51 | 41 | 44 | 39 | 44 |
| Net Profit | Improving | 159 | 193 | 172 | 144 | 146 | 159 | 126 | 133 | 116 | 99 |
| Net Margin | Improving | 20.4% | 24.3% | 21.8% | 17.7% | 20.6% | 20.7% | 18.4% | 17.0% | 18.0% | 14.6% |
Key Takeaways
- Revenue grew by 11% YoY to ₹783 Cr, driven by strong performance across Grooming and Oral Care segments.
- The Oral Care segment demonstrated significant top-line growth, increasing 19% YoY to ₹154 Cr.
- Grooming remains the dominant segment contributing ₹629 Cr to revenue, up 9% from the same quarter last year.
- Net Profit rose 9% YoY to ₹159 Cr, supported by revenue growth despite higher advertising and sales promotion spends.
- Advertising and sales promotion expenses increased significantly to ₹103 Cr compared to ₹86 Cr in the preceding quarter.
- The company maintains a high-quality balance sheet with zero debt and robust segment results before finance costs.
- Segment profit for Oral Care remained stable at ₹37.7 Cr despite the sharp revenue increase, suggesting higher marketing reinvestment.
Management Guidance
Management continues to focus on a strategy of premiumization and expanding distribution depth to drive recurring revenue through the 'razor-and-blade' business model.
Sentiment Shift
Stable
Year-on-year growth remains healthy across all segments, though sequential profitability was affected by a planned increase in advertising expenditure and cost of materials.
Outlook
Gillette India is positioned as a high-quality compounder, leveraging its dominant market share and P&G's global supply chain to navigate inflationary pressures while protecting long-term margins.
From the Annual Report (Key Quotes)
“The Unaudited Financial Results for the quarter ended June 30, 2026 were approved.”
“Grooming segment produces and sells shaving system and cartridges, blades, toiletries and components.”
“Oral Care segment produces and sells tooth brushes and oral care products.”
Official Quarterly Documents
Ask AI about this quarter
This summary is AI-generated from Gillette India Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.