Godrej Consumer Products Share Price

Godrej Consumer Products Limited is an Indian MNC headquartered in Mumbai. The company engages in manufacturing fast-moving consumer products. The company’s main products are soaps, hair colourants, toiletries and liquid detergents. Godrej Consumer Products Limited was founded following the separation of the consumer products business from Godrej Soaps Limited.

Godrej Consumer Products Limited is part of the Godrej group which was founded by Ardeshir Godrej in 1897 as part of India’s Swadeshi movement with the first venture to manufacture Godrej locks. It is one of the premium brands in that segment to date.

In 1918, it made a significant stride in the consumer goods market by launching Chavi, the first soap crafted from vegetable oil. In 1923, the company diversified its portfolio by venturing into the furniture business, and later, in 1958, it expanded further by entering the home appliances sector.

The market capitalisation of Godrej Consumer Products stood close to ₹1,19,000 crores as of January 24, 2024. Godrej Consumer share price has moved by over 45% in the last three years.

Business operations

Godrej Consumer Products is a leading player among India's fast-moving consumer goods (FMCG) companies, specialising in household and personal care products. The company offers a diverse range of products including soaps and talc, featuring well-known brands such as Cinthol, Fair Glow and Evita. The company also has the largest market share in the insecticide and hair colourant business and the second largest in the soap category in the country.

In the hair care category, Godrej Consumer Products has introduced various hair color products like Colour Soft, Anoop, Renew, Godrej Expert and Kesh Kala. In the household and fabric care segment, the company has products such as Godrej Dish Wash, Glossy and Ezee.

The company operates through its manufacturing facilities in 7 locations spread across India in the states of Madhya Pradesh, Himachal Pradesh, Assam, Sikkim, Pondicherry and Tamil Nadu.

Godrej Consumer Products Limited has established itself as a global player with a vast reach by operating in more than 85 countries. It serves a customer base exceeding 1.2 billion. Over 75% of its revenue is generated through the success of its top 11 brands. GCPL has a leading presence in key markets across Asia, Africa and Latin America.

The company operates across a network of locations including plants and offices. In India, it operates 18 plants and 4 offices. Internationally, the company extends its operations to 22 plants and 1 office. In terms of market reach, the company serves a substantial customer base across 17 markets. Domestically, it operates in 28 states and globally, and the company reaches customers in 17 different countries.

In the international business segment, the company focuses on e-commerce in the USA. This constitutes approximately 6% of the overall business. In the fiscal year 2012-13, 44% of the company's overall revenue came from international businesses. In the fiscal year 2022-23, it remained at 44%.

Financial highlights

Godrej Consumer Products reported revenue for FY23 at ₹13,316 crores as against the value of ₹12,276.5 crores reported during the previous year. The company’s profit after tax for FY23 was reported at ₹1,702.5 Crores as against the value of ₹1,783.4 Crores reported during FY22. The earnings per share was reported at ₹16.65 per share over the previous year's value of ₹17.44 per share. As of March 31, 2023, 56% of shares of the company are owned by the promoters, whereas the FIIs, DIIs and public holds 5%, 4%, and 35% shares in the company respectively.