Summary

  • Procter & Gamble Hygiene and Health Care Limited was incorporated in 1964. The company is one of India's fastest growing Fast Moving Consumer Goods (FMCG) company.
  • In year 1999 the company changed its name from Procter & Gamble India Limited to Procter & Gamble Hygiene and Health Care Limited.
  • The company own WHISPER - India's leading Feminine Hygiene brand, and VICKS - India's No.1 Health Care brand and Old Spice.

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Company Overview

Procter & Gamble Hygiene and Health Care Limited (NSE:PGHH) was incorporated in 1964. The company is one of India's fastest growing Fast Moving Consumer Goods (FMCG) company. The company is engaged in the manufacturing and selling of branded packaged fast moving consumer goods in the femcare and healthcare businesses.  The company own WHISPER - India's leading Feminine Hygiene brand, and VICKS - India's No.1 Health Care brand and Old Spice. In year 1999 the company changed its name from Procter & Gamble India Limited to Procter & Gamble Hygiene and Health Care Limited.

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Plant locations

  • Kundaim, Goa
  • Baddi,Solan Himachal Pradesh

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Brands

The company's brands are trusted in millions of living rooms, kitchens, laundry rooms, and bathrooms—and have been passed down from generation to generation. Over the course of 181 year, they’ve challenged convention, led innovation, and helped shape culture.1

Baby Care

  • Pampers
  • Nappies,
  • Pants and
  • Baby Wipes

Fabric Care

  • Ariel
  • Tide

Feminine Care

  • Whisper

Grooming

  • Gillette

Hair Care

  • Head & Shoulders
  • Herbal Essences
  • Pantene

Home Care

  • Ambi Pur

Oral Care

  • Oral-B

Personal Health Care

  • Vicks

Skin and Personal Care

  • Olay
  • Old Spice

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Business Overview

Last Financial Year ended June 30, 2021, the company delivered sales of ₹3,574 crores, up 19% vs year ago and Profit After Tax was ₹ 652 crores, up 51% vs year ago. This strong performance is a testament to the strength of its product portfolio and strategic choices to drive meaningful superiority across products, packaging, communication, retail execution and value. The company's strategy is fueled by driving productivity in everything the company do and a more empowered, agile and accountable organization.2

In the Feminine Care business, Whisper continues to be the market leader and the company strengthened its position across the portfolio. In the Healthcare business, Vicks continued to delight consumers with product innovations backed by a superior go-to-market muscle that fueled an increase in penetration and share

Despite challenges and uncertainty in the short term, the FMCG sector continues to be an essential contributor to the economy. As the market recovers, the company will continue to focus on its unwavering strategy which has consistently enabled it to deliver balanced growth, drive superiority, fuel productivity and strengthen the organization.

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Feminine Care Business

In the feminine care business, Whisper continued to hold its position as the market leader. The company continue to delight its consumers with strong innovation across the portfolio. The company strengthened its position in the emerging Premium Nights segment while playing actively in its base Ultra & Choice portfolios.

The company ran the second version of Whisper #KeepGirlsInSchool campaign this year, to raise awareness about the issue of girls dropping out of school when they attain puberty and how to address the same. The company stepped up the drive this year with the Period Of Pride Partnership with a major media house. Whisper continues to bring transformational change in the community. Through its Whisper School program and other consumer touchpoints, last year the company actively supported 40,000+ schools educating about 60 lakh adolescent girls on the importance of menstrual hygiene.

Health Care Business

The company’s health care sales posted super strong growth this Financial Year, despite external challenges due to COVID-19 pandemic. The company continued to win externally and grow share in the Cough & Cold category with strong offtake growth behind the strength of its portfolio, which includes Vicks VapoRub, Vicks Throat Drops, Vicks Action 500 Advanced, Vicks Inhaler and Vicks BabyRub.

With world-class communication, all its subbrands continue to grow share which was further strengthened by strong innovation with the launch of Vicks Roll-On Inhaler. Superior go-to-market strategy enabled enhanced presence in stores with more visibility touchpoints per store.

Apart from strong business results, the brand received external recognition for Superior Brand Building- Gold at Sabres South Asia, Bronze at ET Kaleido Awards and Gold at Fulcrum.

While the company continue to grow business, the company continue to be a force for good, with the company launching #Vicks Touch of Care 3.0 campaign spreading the message of care and honoring its front liners during these unprecedented times. The company backed up its words with action – via helping build a hospital in the memory of late Dr. Bhosale who lost his life while caring for others during the pandemic.

Overall, the company continued to focus on driving consumer meaningful innovations backed by distribution expansion and strong advertising thereby delivering consistent growth.

Old Spice

Old Spice after shave lotion has demonstrated double digit growth and the newly launched 0% Gas deodorants are strengthening its foothold in the category.

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Recent developments

P and G Standalone September 2021 Net Sales at Rs 1,058.30 crore, up 4.84% Y-o-Y3

November 03, 2021; Reported Standalone quarterly numbers for Procter and Gamble Hygiene and Health Care are:

Reported Standalone quarterly numbers for Procter and Gamble Hygiene and Health Care are:

Net Sales at Rs 1,058.30 crore in September 2021 up 4.84% from Rs. 1,009.45 crore in September 2020.

Quarterly Net Profit at Rs. 218.29 crore in September 2021 down 14.01% from Rs. 253.86 crore in September 2020.

EBITDA stands at Rs. 307.12 crore in September 2021 down 11.71% from Rs. 347.86 crore in September 2020.

P and G EPS has decreased to Rs. 67.25 in September 2021 from Rs. 78.21 in September 2020.

Net Sales at Rs 1,058.30 crore in September 2021 up 4.84% from Rs. 1,009.45 crore in September 2020.

Quarterly Net Profit at Rs. 218.29 crore in September 2021 down 14.01% from Rs. 253.86 crore in September 2020.

EBITDA stands at Rs. 307.12 crore in September 2021 down 11.71% from Rs. 347.86 crore in September 2020.

P and G EPS has decreased to Rs. 67.25 in September 2021 from Rs. 78.21 in September 2020.

P&G hikes prices by 4-11% across the product portfolio 4

October 27, 2021; Fast-moving consumer goods (FMCG) major Procter & Gamble Hygiene and Health has hiked the prices of most of its products by 4-11 percent as it battles inflation in key raw materials.

According to a retail intelligence platform, the company has raised prices of larger pack sizes of detergent powder brands Ariel and Tide by 4-5 percent since July, while its personal care brands Pantene and Head & Shoulders have seen a price uptick of as much as 10-11 percent in the period. The development was also confirmed by distributors of the company.

Moneycontrol reached out to the company for a confirmation on the development but it declined to comment citing a silent period ahead of its second-quarter results.

P&G has undertaken similar price hikes globally. Last week, the company announced it is increasing the price of its grooming, oral and skincare products on account of higher freight and raw material costs. This is the second price hike by the company in the country after the mid-to-high digit price increase earlier.

Of late, several FMCG companies such as Hindustan Unilever Ltd (HUL), Godrej Consumer Products (GCPL), Marico and Dabur India have increased the prices of their products to offset the impact on their margins due to higher input costs.

References

  1. ^ https://in.pg.com/brands/
  2. ^ https://www.industowers.com/about/?var=35
  3. ^ https://www.moneycontrol.com/news/business/earnings/p-and-g-standalone-september-2021-net-sales-at-rs-1058-30-crore-up-4-84-y-o-y-7672531.html
  4. ^ https://www.moneycontrol.com/news/business/companies/pg-hikes-prices-by-4-11-across-the-product-portfolio-7637331.html
Tags: IN:PGHH
Created by Asif Farooqui on 2021/12/01 17:10
     

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