P&G Hygiene and Health Care Q1 Results: 250% jump in net profit

Procter & Gamble Hygiene and Health Care Ltd is actively involved in the manufacturing and sales of branded consumer goods within the feminine care and healthcare sectors. Their portfolio comprises WHISPER, India’s top Feminine Hygiene brand, VICKS, India’s leading Health Care brand, and Old Spice. In the Hygiene sector, WHISPER continues to maintain its leadership position. The company introduced Whisper Choice Aloe vera in the “Comfort & Soft segment” and upgraded the Ultra & Choice portfolio.

Within the Health care business, the company boasts a strong presence with brands like Oral B, Vicks, Olay, and Old Spice. New additions like Vicks 3-in-1 throat lozenges have driven growth. In terms of product-wise revenue breakdown, Ointments account for 18.9%, Cough drops for 10.7%, Tablets for 2.2%, and Other Hygiene products for 68.2%.

Procter & Gamble Hygiene and Health Care Ltd recently announced their Q1FY24 results in which sales of the company surged by 9.9% and stood at Rs 853 crore as compared to Q1FY23 while the operating profit of the company has surged significantly by 220% and reached Rs 215 crore as against to Q1FY23. Similarly, the net profit of the company jumped by 251% and stood at Rs 151 crore as against Q1FY23. Furthermore, the company has been able to grow its sales by 10% (CAGR) over the past 5 years and net profit has grown by 12% (CAGR) for the same period.

The company has delivered returns of 14.4% over the past year and returns of 58.8% over the past 3 years. Additionally, the company has an excellent ROCE of 101% and an ROE of 80.6%. Moreover, the company has been maintaining a healthy dividend payout ratio of 112%.

On Friday, shares of the company surged by 0.6% and made an intraday high of Rs 16,064.95.

Investors should keep a close eye on this trending stock.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet, and is subject to changes. Please consult an expert before making related decisions.