Godrej Consumer Products Limited

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Godrej Consumer Products Limited
29 April 2002Quarterly update Q4 2001-02
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Contents

• Highlights
• Announcements
• Business Performance
• Financials
• Key Ratios

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Highlights Q4 01-02
Rs.Crore Q4 01-02 01-02 Sales
124.2 514.2 Sales (own Brands)
109.9 442.9 Sales Growth (own Brands) 6
9 (01-02 vs 00-01) PBT
15.2 63.2 EVA 8.0 30.1
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Announcements

• Second Interim Dividend
• Second Buyback of Shares

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Interim Dividend

• Div Div per share
• 1st Interim Dividend 50.0 2.00
• 2nd Interim Dividend 87.5 3.50
• (on face value of Rs.4 Share)

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Shares Buyback

• Status update on ongoing shares buyback
• Maximum outlay - Rs.9.3 Cr
• Shares bought back (as on date)
• Number of cap Amt utilised Avg price
• 1229945 2.1 Rs.7.4 Cr Rs.60

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Shares Buyback

• Second shares buyback
• To commence after conclusion of ongoing buyback
• Maximum outlay - Rs.10Cr
• Buyback from open market (BSE NSE) at market
  price
• Maximum price of Rs.100 per share of face value
  of Rs.4/-
• Buyback for both Demat as well as physical
  shares

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Category Highlights

• Personal Care
• Toilet soaps grew by 8 while Industry degrew by
  6
• Market share increased from 5.6 to 5.8
• Godrej No.1 grew by 200
• CINTHOL repositioned for the new Indian woman
• New variant CINTHOL SKIN FRESH launched
• Entry into deodorants with CINTHOL Deodorant
• CINTHOL Talc relaunched with synergistic packaging

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Category Highlights (contd . . )

• Hair Care
• Sales growth of 17 while Industry grew at 10
• Market share touched all time high at 45.5
• Powder Hair Dye sachet crossed 1.1 million outlet
  distribution
• COLOURSOFT became the largest selling hair colour
  by volume
• New Salon initiative planned

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Sales Growth vs Industry Growth 02 vs 01
Category GCPL GCPL
(ORG Offtake) (ORG Offtake)
(Shipment) Toilet Soaps (6) (2)
8 Hair Colour 10
16 17 Liquid Detergents (11)
(4) 10 Fairness Cream 3
68 (23) Shaving Cream 1
3 19 Talcum Powder
7 (20) (7)
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Market Shares
2001-02 2000-01 Toilet
Soaps 5.8 5.6 Hair Colour
44.6 42.1 Liquid
Detergents 81.9 75.9 Fairness Cream 3.4
2.1 Shaving
Cream 10.5 10.3
Talcum Powder 1.3
1.7
Source ORG Data All figures shown are for All
India Value MS
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Category-wise Turnover Q4
Rs Crore Q4 01-02 Q4 00-01
Growth Toilet Soaps 65.2 61.8
5 Hair Colour 30.0 27.1 11 Liquid
Detergents 5.7 5.4
5 Toiletries 9.1 9.7
(7) Total Godrej Brands 109.9
104.0 6 Contract Mfg
7.7 21.0 (64) Sale of
by-products/others 6.5 0.0
- Total Sales 124.2
125.0 (1)
As a part of Godrej Soaps Limited due to
change from sales to processing contract sale
of by-products/other sales have been regrouped
from Other operating income
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Sales-Mix Q4- 2001-02

Toiletries (Rs. 9.1 cr)
Godrej Brand Toilet Soaps (Rs.65.2 cr)
Hair Colour (Rs.30.0 cr)
Liquid Detergent (Rs.5.7 cr)
Contract Mfg (Rs.7.7 cr)
By-Products/Others (Rs.6.5 cr)
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Category-wise Turnover 2001-02
Rs Crore 01-02
00-01 Growth Toilet Soaps 268.1 248.2
8 Hair Colour 107.5 91.9
17 Liquid Detergents 31.1 28.2
10 Toiletries 36.3 38.3
(5) Total Godrej Brands 442.9
406.6 9 Contract Mfg
54.1 61.8 (13) Sale of
by-products/others 17.2 0.0
- Total Sales 514.2 468.4 10
As a part of Godrej Soaps Limited due to
change from sales to processing contract sale
of by-products/other sales have been regrouped
from Other operating income
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Sales-Mix - 2001-02

Toiletries (Rs. 36.3 cr)
Godrej Brand Toilet Soaps (Rs.268.1 cr)
Hair Colour (Rs.107.5 cr)
Liquid Detergent (Rs.31.1 cr)
Contract Mfg (Rs.54.1 cr)
By-Products/Others (Rs.17.2 cr)
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• Exports(directly serviced markets)
• 36 directly serviced markets
• Maiden exports to USA, Mexico, Ethiopia
• Q4 01-02
• Total exports revenue - 3.0
  7.9 (Rs. Crore)

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Financials
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Summarised Profit Loss Account
Rs Crore Q4 01-02
01-02 Sales 124.2 514.2 Other Operating
Income 1.2 6.3 Other Income
0.9 1.6 Expenditure 107.8 445.0 PBDIT
18.5 77.1 Depreciation 2.4
9.4 Interest 0.9 4.5 PBT
15.2 63.2
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Balance Sheet
Rs.Crore
Liabilities Assets
1-4-01 31-03-02
1-4-01 31-03-02 Equity
Capital 23.9 23.6 Net Fixed
Assets 99.1 93.5 Reserves
25.1 29.5 Cash, Bank
12.2 18.2 Debt 69.5
22.5 short term deployments
Net Current Assets 7.2 (15.6)
Dividend payable
- (20.5) Total 118.5
75.6 Total
118.5 75.6
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Funds Flow
Rs Crore Q4 01-02
01-02 SOURCES Internal Accruals 12.3
51.4 Total APPLICATION Debt
Reduction 4.0 47.0 Capital Expenditure
1.3 3.8 Change in Current Assets
1.9 (17.7) Dividend Payout
- 13.2 Buyback of shares 5.1 5.1
Total
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Cost Structure
Rs Crore Q4 of
Sales 01-02 of
Sales Materials cost 55.1 44.4
224.3 43.6 Staff Cost 6.5 5.2
22.2 4.3 Excise Duties 13.9
11.2 55.6 10.8 Advtg Sales Promotion
15.7 12.6 66.8 13.0 Other
Expenditure 16.5 13.3 76.2
14.8 Interest Financial Charges
0.9 0.7 4.5 0.9 Depreciation
2.4 1.9 9.4
1.8 Provision for Taxation 5.4
4.3 21.3 4.1 PAT 9.9
8.0 42.0 8.2 Sales 124.2
100.0 514.2 100.0 Other
Operating Income 1.2 1.0
6.3 1.2 Other Income 0.9 0.7
1.6 0.3 Note The above
figures do not include provision for dividend tax
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Key Ratios
Rs Crore Q4 01-02 01-02 PBDIT / Sales
14.9 15.0 PBT / Sales 12.3 12.3 PAT /
Sales 7.9 8.2 Interest / Sales 0.7
0.9
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Key Ratios contd..
Q4 01-02
01-02 NWC / Sales (days) (11) (11) Fixed
Asset T/o Ratio 5.3 5.5 Total Asset T/o
Ratio 6.6 6.8 ROCE 85.1
89.6 RONW 74.2 79.1 EPS (on Rs.4
Share) 6.6 7.0
All figures are annualised
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Thank You