Gillette India Ltd

Financial performance

• Revenue from operations: ₹309.95 crore in FY26.
• PAT: ₹654.31 crore; PBT: ₹880.34 crore.
• Operating margin: 28%.
• EPS: ₹200.80 (basic and diluted).
• Cash from operations: ₹606.64 crore.
• Revenue growth: up 8% YoY; PAT up 23%.
• Total dividend for FY26: ₹240 per share (interim ₹180 incl ₹60 special; final ₹60).
• Equity share capital: ₹3,259 lakh; promoter holding 75%.

Operations and segments

• Grooming revenue: ₹254.32 crore; Oral Care: ₹55.64 crore; total ₹309.95 crore.
• Grooming leads blades/razors category; Guard 3-in-1 launched.
• Mach3 updates; Venus campaigns address female grooming myths.
• Oral Care growth; kids’ battery toothbrushes launched; expanded electric toothbrush penetration.
• Plants: two manufacturing sites (Bhiwadi, Baddi); pan-India presence in 28 states/8 UTs; 17 countries served.
• Exports constitute ~3% of turnover.
• Segment mix: Grooming ₹254.32 cr; Oral Care ₹55.64 cr; total ₹309.95 cr.

Capital deployment & dividends

• Total dividend paid in FY26: ₹739.68 crore (interim ₹586.53 cr; final ₹153.15 cr).
• Total equity: ₹94,643 lakh ( ↓ from ₹102,311 lakh).
• Net cash and investments reflect ₹26,682 lakh cash and equivalents.
• No borrowings during the year; debt-free balance sheet.
• Capital expenditure details reflect ongoing capex at PPE and CWIP.
• Dividend policy: long-term value creation through Integrated Growth Strategy.

Governance & board changes

• C. P. Gurnani resigned as Independent Director on 6 Jan 2026.
• Krishnamurthy Iyer appointed Independent Director from 1 Jun 2026.
• Ghanashyam Hegde appointed Non-Executive Director from 1 Jul 2026.
• Srinivas Maruthi Patnam ceased as Executive Director on 30 Oct 2025.
• Srividya Srinivasan appointed CFO from 1 Nov 2024.
• Rohini Venkateswaran ceased as Whole-time Director on 31 Jul 2026.
• Robin Thadathil appointed Whole-time Director from 1 Aug 2026; new MD remains.

Audits & internal controls

• Statutory Auditor: Kalyaniwalla & Mistry LLP; Secretarial Auditor: MK Saraf & Associates LLP.
• Internal Auditor: Ms. Pooja Bhutra.
• Audit Committee chaired by Sanjay Asher; four meetings in FY26.
• No qualifications or material weaknesses reported in auditors’ notes.
• Secretarial audit confirms compliance with applicable laws and SS-1/SS-2 standards.

Sustainability & ESG

• Total energy from non-renewables: 97,164 GJ; intensity 0.31 GJ per ₹ lakh turnover.
• Water withdrawal: 74,715 KL; consumption: 34,680 KL; discharge: 40,035 KL.
• GHG emissions: Scope 1 3,812 tCO2e; Scope 2 16,867 tCO2e; intensity 0.07 tCO2e per ₹ lakh turnover.
• Market-based Scope 2 GHG NIL due to RECs.
• Waste: total 1,616.24 MT; 1,515.50 MT recycled; landfill 97.74 MT.
• Plastic packaging waste managed under EPR; packaging recyclable/reusable.

CSR & social impact

• P&G Shiksha impacts over 1 crore children since 2005.
• CSR outlay: ₹10.60 crore (2% average net profit).
• CSR Committee: 4 members; 3 meetings in FY26.
• Projects include education infrastructure, remedial learning, and migrant learning centers.

Related party transactions

• Material RPT: Import of finished goods from Procter & Gamble International Operations S.A. ₹389 crore in FY26.
• Related party transactions reviewed by Audit Committee; ordinary resolutions approved previously.
• Significant cross-charges and services among P&G group entities disclosed in notes to financial statements.

Director appointment

• Robin Thadathil appointed Additional (Executive) Director, effective 01 Aug 2026; DIN 11862696 allotted by MCA 30 Jul 2026.

Financial highlights

• Sales ₹783 crore for the quarter, up 11% YoY.
• PAT ₹159 crore, up 9% YoY.

Governance & management

• Board approved unaudited results for quarter ended June 30, 2026.
• MD commentary underscores integrated growth strategy and expected future opportunities.

Appointment of Additional Executive Director

• Appointed Mr. Robin Thadathil as Additional (Executive) Director from 01 August 2026 until the ensuing 42nd AGM.
• Profile: 16+ years in P&G HR across Singapore, US, SE Asia.
• Recent role: led Malaysia, Singapore and Vietnam Olay business.
• Not debarred or disqualified by SEBI, MCA, or other authorities.
• Does not hold any shares in the company.
• Not related to any directors.

Financial results and audit

• Unaudited results for quarter ended June 30, 2026 approved by Board; Limited Review Report enclosed.
• Audit Committee reviewed the results prior to Board approval.
• Auditors' Limited Review found no material misstatement in the results.

Dematerialisation processing status

• Details of dematerialised securities for quarter ended 30 June 2026 were furnished to stock exchanges within prescribed time.
• Securities received from DP for dematerialisation during 01/04/2026 to 30/06/2026 were confirmed to the depositories within 15 days.
• Security certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository's name substituted in register of members within 15 days of receipt of security certificate.
• Updates communicated to depository and stock exchanges within the 15-day timeline.
• Register of Members updated accordingly.

AGM Details

• AGM rescheduled to Monday, August 31, 2026.
• Record date for AGM and dividend payments: Monday, August 24, 2026.
• Dividend, if approved at the AGM, will be paid by September 30, 2026.

Dividend TDS guidance and submission deadline

• Final dividend of Rs 60 per share for FY2025-26 is subject to AGM approval.
• Shareholders must submit requisite tax documents by 14 August 2026, 5:00 PM IST, to enable TDS.
• Submission options include MAS Portal or NSDL/CDSL Tax Service for Form 121 where applicable.

Senior management change

• Ghanashyam Hegde to move to regional P&G role as VP & Associate General Counsel, Market Operations.
• Ceases to be part of India leadership team effective June 30, 2026; new role July 1, 2026.
• Reason: internal transfer to P&G group function.

Management changes

• Appointment: Mr. Gopalakrishnan Kalianna named Sales Head, effective Aug 1, 2026; 2+ decades in GTM at P&G India.
• Change: Rohini Venkateswaran elevated to Senior Vice President-Korea, effective Aug 1, 2026.
• Resignation: Rohini Venkateswaran resigns as Whole-Time Director, effective Jul 31, 2026.