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Gillette India Limited (GILLETTE)

₹7,226.50 +2.47% last close, 16 Oct

📊 NSE: GILLETTE 🏢 Personal Care - Multinational 📢 Latest filing: 07 Oct 2026 📝 Analysis written: 13 Dec 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Gillette India's revenue was ₹783 Cr (+10.8% year on year, -1.1% on the previous quarter), and net profit ₹159 Cr (+9.2% year on year); the operating margin was 29.1%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹783	+10.8%	-1.1%
Operating profit	₹228	+8.5%	-17.8%
Net profit	₹159	+9.2%	-17.4%
EPS (₹)	48.93	+9.4%	-17.2%
Operating margin	29.1%	—	—

Full quarterly financials → Results calendar →

GILLETTE delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 51.04% of the GILLETTE shares traded on NSE were taken to delivery, against the stock's own 20-session average of 58.0%. That is close to its usual level.

51.04%Delivery, 16 Oct

58.0%Own 20-session average

0.8×Volume vs its average

₹7,226.50NSE close · +2.47%

Delivery in the last 5 sessions: 46.3% · 52.0% · 46.8% · 52.6% · 51.0%

Delivery across the market →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Gillette India Submits Dematerialisation Certificate for Quarter Ended September 30, 2026

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 07 Oct 2026, 11:18 AM

Gillette India Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the period July 1, 2026, to September 30, 2026. The confirmation letter from Registrar and Transfer Agent MAS Services Limited confirms that dematerialisation requests received during the quarter were processed within the mandated 15-day window. The certificates of securities received were mutilated, cancelled, and the register of members was updated accordingly. This is a standard quarterly administrative filing with no financial impact.

Regulation 74(5) compliance confirmed for the period from 01/07/2026 to 30/09/2026.
Dematerialisation requests confirmed or rejected within the mandated 15-day timeline.
RTA confirmation provided by MAS Services Limited on October 06, 2026.

💡 This is a routine administrative compliance filing; no action is required from investors. Continue tracking upcoming quarterly financial results for operational updates.

Gillette India: SEBI Extends Physical Share Transfer Window to Feb 4, 2027

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 18 Sep 2026, 06:08 PM

Gillette India informed stock exchanges about SEBI's decision to extend the special window for re-lodgement of transfer requests for physical shares until February 4, 2027. This applies strictly to transfer deeds lodged before the April 1, 2019 deadline that were previously rejected or returned due to deficiencies. Shareholders holding eligible physical shares can submit documents to the RTA, MAS Services Limited, or apply online. This is purely a procedural compliance update for physical share dematerialization and has no financial or operational impact on the company.

SEBI extended the physical share transfer re-lodgement deadline to February 4, 2027
Applies exclusively to transfer deeds lodged prior to April 1, 2019, that were rejected or returned
Newspaper advertisements regarding the update were published on September 18, 2026
Submissions accepted via RTA MAS Services Limited in New Delhi or online via their portal

💡 Eligible investors holding physical shares rejected prior to April 2019 should submit required documents to MAS Services before February 4, 2027. No operational action is needed for modern demat holders.

Gillette India Shareholders Approve Appointments of Three Directors at 42nd AGM

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 02 Sep 2026, 12:18 PM

Gillette India Limited announced that shareholders approved the appointment of three directors at its 42nd Annual General Meeting (AGM) held on August 31, 2026. Mr. Ghanashyam Hegde was approved as a Non-Executive Director effective July 1, 2026. Mr. Krishnamurthy Iyer was appointed as an Independent Director for a 5-year term starting June 1, 2026. Mr. Robin Thadathil was confirmed as an Executive Director for a 5-year term starting August 1, 2026.

Shareholders approved director appointments at the 42nd AGM held on August 31, 2026.
Mr. Krishnamurthy Iyer appointed as Independent Director for a 5-year tenure effective June 1, 2026.
Mr. Robin Thadathil confirmed as Executive Director for a 5-year term effective August 1, 2026.
Mr. Ghanashyam Hegde approved as Non-Executive Director effective July 1, 2026.

💡 Track upcoming quarterly governance disclosures and general board execution updates. No operational or financial action is triggered by this routine AGM confirmation.

Gillette India Shareholders Approve FY26 Dividend and Director Appointments at 42nd AGM

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 01 Sep 2026, 02:42 PM

Gillette India Limited has submitted the voting results and Scrutinizer's Report for its 42nd Annual General Meeting held on August 31, 2026. Shareholders approved all agenda items, including the adoption of FY26 financial statements, declaration of final dividend, and appointment of key directors. Total votes polled represented approximately 86.75% of total outstanding shares across 69,841 record-date shareholders.

42nd AGM held on August 31, 2026; 86.75% of total outstanding shares voted across resolutions
Confirmation of interim and declaration of final dividend for FY26 approved with 99.39% votes in favour
Appointment of Mr. Krishnamurthy Iyer as Independent Director approved via Special Resolution with 94.74% votes in favour
Appointment of Mr. Robin Thadathil as Whole-time Director approved with 98.05% votes in favour
Total number of registered shareholders on record date (August 24, 2026) stood at 69,841

💡 Track the upcoming dividend dispatch timeline and monitor Gillette's upcoming quarterly results for updates on grooming product demand and margin trends.

Gillette India 42nd AGM: FY26 Sales At ₹3,094 Cr, PAT Up 23% To ₹654 Cr

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 31 Aug 2026, 07:49 PM

Gillette India Limited conducted its 42nd Annual General Meeting on August 31, 2026, where shareholders considered financial statements and ordinary/special business resolutions. In the management presentation, the company highlighted FY 2025-26 net sales of ₹3,094 crore (up 8% on a comparable 12-month basis) and profit after tax of ₹654 crore (up 23%). The company also delivered ₹38 crore in productivity savings during FY 25/26 while noting a 5-year sales CAGR of 10% and PAT CAGR of 17%.

FY 2025-26 Net Sales reached ₹3,094 crore, representing an 8% growth on a comparable 12-month basis
Profit After Tax (PAT) grew 23% to ₹654 crore for FY 2025-26
Achieved ₹38 crore in productivity savings across operations during FY 2025-26
5-year performance delivered a 10% Net Sales CAGR and 17% PAT CAGR with a 2x increase in ROE

💡 Track voting results to be submitted within 2 working days and monitor subsequent quarterly earnings for volume growth and margins.

82.05% Revenue from Grooming: Gillette India Releases FY26 Sustainability Report

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 08 Aug 2026, 05:47 PM

Gillette India Limited has released its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26. The report confirms that the Grooming segment (Blades, Razors, and Toiletries) remains the primary revenue driver, accounting for 82.05% of total turnover, while Oral Care contributes 17.95%. The company maintains a debt-free balance sheet with a paid-up capital of ₹32.59 Crores. Sustainability efforts are highlighted through the P&G Shiksha program, which has impacted over 1 crore children since its inception in 2005.

Grooming segment (Blades & Razors) accounts for 82.05% of total turnover for FY 2025-26
Oral Care segment contributes 17.95% to the total turnover
Paid-up capital of the company stands at ₹32.59 Crores as of March 31, 2026
P&G Shiksha CSR program has impacted over 1 crore children since 2005
Reasonable assurance obtained for BRSR Core sections from Kalyaniwalla & Mistry LLP

💡 Monitor the full Annual Report for management commentary on premiumization trends and market share stability in the grooming segment, which faces risks from changing consumer beard preferences.

Rs 200.80 FY26 EPS Reported; Gillette India Schedules 42nd AGM for Aug 31, 2026

🟡 NEUTRAL ⭐ 4/10

ROUTINE 📅 08 Aug 2026, 05:29 PM

Gillette India has released its Annual Report for FY 2025-26 and scheduled its 42nd Annual General Meeting for August 31, 2026. The company reported a full-year profit of Rs 654.31 crore, yielding a basic EPS of Rs 200.80, a significant increase from the Rs 128.17 reported in the previous 9-month period. The filing confirms key leadership changes, including Kumar Venkatasubramanian as Managing Director and Ashwath Rao as CFO. The company continues to operate with zero debt and a high ROCE of 91.0%.

Full-year FY26 profit after tax stood at Rs 654.31 crore (Rs 65,431 lakhs)
Basic and Diluted Earnings Per Share (EPS) for FY26 reached Rs 200.80
42nd Annual General Meeting scheduled for August 31, 2026, via electronic mode
Ashwath Rao appointed as Chief Financial Officer effective July 1, 2026
Kumar Venkatasubramanian confirmed as Managing Director following his tenure as CEO of P&G Australia

💡 Investors should review the 'Integrated Growth Strategy' section of the Annual Report to understand how the company plans to mitigate the risk of consumers shifting away from clean-shaving, which impacts 83% of revenue.

DIN 11862696 Allotted to New Executive Director Robin Thadathil at Gillette India

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 30 Jul 2026, 04:40 PM

Gillette India Limited has announced the allotment of Director Identification Number (DIN) 11862696 to Mr. Robin Thadathil by the Ministry of Corporate Affairs. This follows his appointment as an Additional (Executive) Director, which is scheduled to become effective on August 01, 2026. The company, which boasts a high ROCE of 91.0% and zero debt, is completing this regulatory requirement as part of its leadership transition. This filing is a procedural follow-up to the initial appointment intimation made earlier on the same day.

Appointment of Mr. Robin Thadathil as Additional (Executive) Director effective August 01, 2026.
Allotment of DIN 11862696 by the Ministry of Corporate Affairs on July 30, 2026.
Company maintains a strong 75.0% promoter holding as of June 2026.
Gillette India operates with zero debt and a net worth of Rs 947 Cr.

💡 This is a routine administrative update; investors should monitor future filings for any shifts in the company's 'Integrated Growth Strategy' under the new executive leadership.

11% Sales Growth: Gillette India Reports ₹783 Cr Revenue and ₹159 Cr PAT for June Quarter

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 30 Jul 2026, 11:43 AM

Gillette India reported a steady performance for the quarter ended June 30, 2026, with revenue growing 11% YoY to ₹783 crore. Profit After Tax (PAT) increased by 9% YoY to ₹159 crore, supported by productivity initiatives and a strong product portfolio. The company continues to exhibit superior financial health with zero debt and a high ROCE of 91.0%. This growth is anchored in their integrated strategy focusing on product superiority and retail execution across channels.

Quarterly sales reached ₹783 crore, representing an 11% increase compared to the previous year.
Profit After Tax (PAT) stood at ₹159 crore, up 9% YoY driven by topline growth and productivity initiatives.
The company maintains a high ROCE of 91.0% and a debt-free balance sheet.
Promoter holding remains stable at 75.0% as of the June 2026 quarter.
Blades and Razors category continues to lead the market, contributing significantly to the ₹783 crore revenue.

💡 Monitor the company's ability to sustain double-digit topline growth and the success of its premiumization strategy (moving users from Gillette Guard to Mach 3/Fusion) in upcoming quarters.

16+ Years Experience: Robin Thadathil Appointed as Executive Director of Gillette India

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 30 Jul 2026, 11:41 AM

Gillette India Limited has appointed Mr. Robin Thadathil as an Additional (Executive) Director, effective August 01, 2026. Mr. Thadathil brings over 16 years of experience within the P&G group, having held leadership roles in Human Resources and business operations across Singapore, the US, and Southeast Asia. Most recently, he managed P&G's businesses in Malaysia, Singapore, and Vietnam, as well as the Olay brand regionally. This appointment is subject to approval at the upcoming 42nd Annual General Meeting.

Appointment of Mr. Robin Thadathil as Executive Director effective August 01, 2026
Candidate brings 16+ years of global experience within the P&G ecosystem
Previously managed regional businesses across 3 countries: Malaysia, Singapore, and Vietnam
The appointee holds 0 shares in Gillette India Limited as of the announcement date
Term of appointment lasts until the ensuing 42nd Annual General Meeting

💡 Investors should monitor if this leadership addition impacts the company's 'Integrated Growth Strategy' or its focus on organizational agility and productivity interventions.

9.4% PAT Growth: Gillette India Reports Q1 FY27 Revenue of ₹783 Cr

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 30 Jul 2026, 11:39 AM

Gillette India reported a steady performance for the quarter ended June 30, 2026, with revenue from operations growing 10.8% YoY to ₹783.02 Cr. Net profit (PAT) increased by 9.4% YoY to ₹159.45 Cr, although it saw a sequential decline from ₹192.51 Cr in the preceding March quarter. The Grooming segment continues to dominate, contributing 80.3% of total revenue, while the Oral Care segment showed robust YoY growth of 18.9%. Operating expenses were pressured by a 25% YoY increase in employee benefit costs, partially offset by a reduction in advertising spend.

Revenue from operations increased 10.8% YoY to ₹783.02 Cr from ₹706.72 Cr.
Net Profit (PAT) grew 9.4% YoY to ₹159.45 Cr compared to ₹145.69 Cr in the same quarter last year.
Oral Care segment revenue grew significantly by 18.9% YoY to ₹154.37 Cr.
Advertising and sales promotion expenses were reduced to ₹103.32 Cr from ₹136.37 Cr YoY.
Employee benefit expenses rose 25.1% YoY to ₹61.17 Cr from ₹48.89 Cr.

💡 Investors should monitor the sustainability of the double-digit growth in the Oral Care segment and observe if the reduction in advertising spend impacts market share in the premium grooming category in future quarters.

Gillette India Completes Routine Q1 FY27 Share Dematerialization Compliance

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 10 Jul 2026, 02:03 PM

Gillette India Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The filing confirms that for the quarter ended June 30, 2026, all physical share certificates received for dematerialization were processed within the mandatory 15-day window. This administrative task was managed by the Registrar and Transfer Agent, MAS Services Limited. The filing is a standard procedural requirement and has no impact on the company's financial health or business strategy.

Compliance certificate issued for the quarter ended June 30, 2026
Securities dematerialized were confirmed or rejected within a 15-day timeline
Registrar and Transfer Agent (RTA) MAS Services Limited confirmed the cancellation of physical certificates
Register of members updated to reflect the Depository as the registered owner within 15 days

💡 No action is required as this is a routine regulatory filing. Investors should continue to monitor the company's quarterly earnings reports for operational performance updates.

Gillette India Reschedules 42nd AGM to Aug 31, 2026; Sets Aug 24 as Dividend Record Date

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 10 Jul 2026, 02:01 PM

Gillette India has announced the rescheduling of its 42nd Annual General Meeting (AGM) to August 31, 2026. In conjunction with this, the company has fixed August 24, 2026, as the record date for determining shareholder eligibility for the final dividend. If approved at the AGM, the dividend will be paid to eligible members by September 30, 2026. This update follows a previous communication dated May 27, 2026, and is a standard procedural requirement for the company.

42nd Annual General Meeting (AGM) rescheduled to August 31, 2026
Record date for dividend eligibility established as August 24, 2026
Dividend payment deadline set for September 30, 2026, pending shareholder approval
Company maintains a high ROCE of 91.0% and zero debt as per latest context

💡 Investors should mark August 24, 2026, as the record date for dividend eligibility. Watch for the AGM proceedings on August 31 for management commentary on the 'Integrated Growth Strategy' and premiumization trends.

Revised Record Date: August 24, 2026 for 42nd AGM and Dividend Payment

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 10 Jul 2026, 01:43 PM

Gillette India Limited has revised the record date for its 42nd Annual General Meeting (AGM) and subsequent dividend payment from August 19 to August 24, 2026. The AGM is scheduled for August 31, 2026, where the dividend will be put to shareholder vote. If approved, the company intends to complete the dividend payout to eligible members by September 30, 2026. This is a procedural adjustment to the corporate calendar and does not impact the company's operational fundamentals.

Revised Record Date set for August 24, 2026, for dividend eligibility
42nd Annual General Meeting (AGM) rescheduled to August 31, 2026
Dividend payment deadline established as September 30, 2026, subject to approval
Original record date was previously intimated as August 19, 2026

💡 Investors should note the new record date of August 24, 2026, to ensure they are on the register for any declared dividend; monitor for the specific dividend amount announcement if not already disclosed.

₹60 Final Dividend: Gillette India Issues TDS Documentation Guidelines for Shareholders

🟡 NEUTRAL ⭐ 4/10

DIVIDEND 📅 03 Jul 2026, 02:00 PM

Gillette India has issued an addendum regarding the ₹60 per share final dividend declared for FY 2025-26. Shareholders are required to submit relevant tax documents by August 14, 2026, to ensure appropriate Tax Deducted at Source (TDS) is applied. The dividend, proposed by the Board on May 27, 2026, is subject to shareholder approval at the upcoming Annual General Meeting. Documentation can be submitted digitally via the MAS Services portal or through NSDL/CDSL platforms.

Final dividend declared at ₹60 per equity share of face value ₹10 each for FY 2025-26
Submission deadline for tax-related documents is August 14, 2026, by 5:00 PM IST
Board of Directors originally declared the dividend at their meeting held on May 27, 2026
Digital submission enabled via MAS Portal and NSDL/CDSL (Form 121) for resident individuals
Maximum file size for document uploads on the RTA portal is limited to 10 MB

💡 Shareholders should verify their tax status and submit necessary forms (like 15G/15H or TRC) via the MAS portal or their DP before the August 14 deadline to avoid higher TDS rates.

View All GILLETTE Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

The Grooming segment accounts for 83.41% of revenue, while Oral Care contributes 16.59%. For the 9-month period ending March 31, 2025, total sales reached INR 2,235 Cr, representing a 12% increase compared to the same period in the previous year. In the quarter ended September 30, 2025, sales were INR 811 Cr, up 4% YoY.

Geographic Revenue Split

Gillette India maintains a pan-India presence across 28 states and 8 Union Territories. Additionally, the company exported products to 15 countries during the 2024-25 financial year.

Profitability Margins

Operating profit margin improved to 25% in FY 2024-25 from 22% in FY 2023-24, a 15% relative increase. Net profit margin rose to 19% from 16% in the previous year, a 20% relative increase. PAT for the 9-month fiscal was INR 418 Cr, up 40% YoY.

EBITDA Margin

Operating profit margin stands at 25% for the 9-month period ending March 31, 2025, driven by productivity interventions and strong topline growth. PAT margin for the quarter ended September 30, 2025, was approximately 17.7% (INR 144 Cr on INR 811 Cr sales).

Capital Expenditure

Not disclosed in absolute INR Cr in the available documents.

Credit Rating & Borrowing

The company reported zero borrowings during the financial year, making interest coverage and debt-equity ratios not applicable. This indicates a highly liquid, debt-free balance sheet.

⚙️ Operational Drivers

Raw Materials

Specific raw materials include components for shaving systems, cartridges, blades, toiletries, and toothbrushes. Exact percentage of total cost for each is not disclosed.

Import Sources

Not specifically disclosed, though the company operates two domestic plants in Rajasthan and Himachal Pradesh.

Capacity Expansion

The company operates 2 manufacturing plants located at Bhiwadi (Rajasthan) and Baddi (Himachal Pradesh). Specific capacity expansion figures in units or MT were not disclosed.

Raw Material Costs

Productivity interventions across the value chain are used to manage costs. While specific YoY cost changes for raw materials are not provided, productivity efforts contributed to an 8% PAT growth in the September 2025 quarter.

Manufacturing Efficiency

Manufacturing efficiency is driven by 'deliberate productivity interventions' to fuel portfolio superiority. Specific utilization percentages are not disclosed.

📈 Strategic Growth

Expected Growth Rate

12%

Growth Strategy

Growth is pursued through an 'Integrated Growth Strategy' involving five pillars: a superior product portfolio, superiority in packaging and communication, productivity interventions, constructive disruption, and an agile organization. The company focuses on transitioning consumers from double-edged blades to premium systems like Mach 3 and Fusion 5.

Products & Services

Shaving systems, cartridges, blades, toiletries, shaving foams, toothbrushes, and oral care products.

Brand Portfolio

Gillette, Oral-B, Braun, Gillette Guard, Gillette Labs, Gillette Mach 3, Gillette Fusion, and Gillette Venus.

New Products/Services

Recent innovations include the revamped Gillette Fusion 5 packaging for 'Perfect Shave, Perfect Shape' and the elevation of the Mach 3 range with anti-friction blades and facial adaptive technology.

Market Expansion

Market expansion is targeted through pan-India retail execution and increasing household penetration. The company also exports to 15 international markets.

Market Share & Ranking

Gillette continues to lead and has strengthened its leadership in the Blades and Razors category in India.

Strategic Alliances

The company operates under a common service agreement with P&G group entities for compensation and services.

🌍 External Factors

Industry Trends

The industry is seeing a trend toward premiumization and personalization. Consumers are moving from traditional double-edged blades to high-tech shaving systems. Gillette is positioning itself by offering a range from affordable entry-level products to premium propositions like Gillette Labs.

Competitive Landscape

Gillette competes in the FMCG grooming and oral care sectors, maintaining leadership in blades and razors through brand choice driven by performance.

Competitive Moat

The moat is built on brand superiority and market leadership in the grooming segment. This is sustained through continuous innovation (e.g., anti-friction blades) and a robust distribution network of 20 depots across India.

Macro Economic Sensitivity

The business is sensitive to global economic conditions and international business factors as noted in their forward-looking cautionary statements.

Consumer Behavior

Shift toward personalized grooming and beard styling; the company has adapted by offering tools for both clean shaving and beard shaping.

Geopolitical Risks

The company acknowledges risks related to international business and global economic conditions that may cause results to differ materially.

⚖️ Regulatory & Governance

Industry Regulations

Operations are governed by the Companies Act, 2013 and SEBI (LODR) Regulations. Related party transactions are reviewed by an independent Chartered Accountant firm to ensure arm's length compliance.

Environmental Compliance

The company operates zero-manufacturing-waste-to-landfill sites at Baddi and Bhiwadi, contributing to P&G's global sustainability ambitions.

Taxation Policy Impact

Not specifically disclosed, but the company follows Indian Accounting Standards (Ind AS).

⚠️ Risk Analysis

Key Uncertainties

The change in the financial year (from July-June to April-March) creates non-comparable reporting periods. Global P&G market-level plans are yet to be developed, which may impact future local strategy.

Geographic Concentration Risk

While pan-India, the company relies on two specific manufacturing locations (Rajasthan and Himachal Pradesh) for its entire production output.

Third Party Dependencies

The company depends on P&G Group for certain common services and brand licensing, with a compensation cap of INR 5 Cr per annum for certain senior management roles.