About the Company:
Procter & Gamble Hygiene & Health Care Ltd is one of India`s fastest growing Fast Moving Consumer Goods Companies. Globally Procter & Gamble owns brands like Duracell, Olay, Tide, Gillette, Braun, Pringles, Lacoste, Puma, Oral-B, HUGO, Mr. Clean, Cover Girl, Pantene Pampers ,Old spice are amongst others. Currently P&G Hygiene and Health has portfolio of brands such as Vicks & Whisper. The product range of the company includes Vicks- It is India’s No.1 Cough and Cold Brand. They created the cold & cough over-the-counter (OTC) category in India way back in 1952 and has led the category till date. Under this brand they have introduced products namely Vicks Action50.
QoQ & YoY Performance:
India’s one of the leading consumer products company has declared the results for the fourth quarter of fiscal year ending March 2020.
- QoQ Performance: Consolidated Net sales/ revenue of the company recorded to Rs.65,605 lakhs, down by 23.65% in the March quarter of FY20. Total expenditure (excluding interest and depreciation expenses) are Rs.53,152 lakhs, is decreased by 20.97%. EBITDA numbers down by 28.95%.
- YoY Performance: The Company has reported a 6.19% decrease in sales/revenue while expenditure (excluding interest and depreciation expenses) of the company have declined by 4.35%.
- Profitability of the company: Net Profit of the company landed to Rs.9,110 lakh, declined by 32.98% QoQ and up by 1.10% YoY.
View: As per Lokesh Sethia, SEBI Registered Analyst, the stock was closed at Rs.10,033.75 per share, the company sales is declined by 6% at 656 lakh while the Profit After Tax was up by 1% year-on-year at 91 lakh. The company was forecasting high single digit sales growth for the quarter before the lockdown. But due the nationwide lockdown, the business operations were severely disrupted; So we will suggest you to “BUY” the stock for the target of Rs. 11,033.