Godrej Consumer Products Limited

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Godrej Consumer Products Limited
Quarterly update Q1 FY 2006-07 20 July 2006
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Contents

• Highlights (Consolidated)
• Announcements
• Business Highlights
• Acquisition Update
• Sales Highlights
• GCPL Financials Ratios (stand alone)

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Highlights Consolidated - Q1 FY 2006-07
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Highlights Consolidated - Q1 FY 2006-07
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Segmental data (Q1 FY 2006-07)
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Announcements

• Interim Dividend
• Stock Split

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Dividend (2006-07)

• First Interim Dividend announced
• Dividend per share Rs.3.00
• Dividend 75
• Total outlay (including tax on Rs.19.3 Cr
  distributed profits)
• Dividend till date for 2006-07 75
• Dividend payout YTD PAT 63
• (Standalone)

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Stock Split

• The Board has approved a proposal of sub
  division of face value of GCPLs equity share
  from Rs.4 each to 4 shares of Re.1 each.
• The proposal is subject to shareholders approval
  at the AGM on 20-Jul-2006

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GCPL Business Highlights 2006-07
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GCPL Business Highlights 2006-07

• Industry Scenario
• FMCG sector continues to grow
• Strong GDP growth good economic fundamentals
• Vegetable oil prices at reasonable levels but
  rising
• Rupee weakening vs the USD Euro
• Interest rate Inflation pressure building up

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GCPL Business Highlights

• Soap
• GCPL brands grew 21 in value terms
• GCPL outperforming industry
• Godrej No.1 continues to show excellent growth
• Godrej No.1 Lavender launched in Q4 2006 gets
  excellent response from consumers
• Higher advertising spend for brand building
  new product launches
• Capex plans for Malanpur and Katha on track

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GCPL Business Highlights

• Personal Care
• GCPL Hair colour registers growth of 10 in value
  terms
• New Godrej Renew gets excellent response in the
  market
• Shaving Cream continues to register good growth
• Talcum Powder the introduction of Godrej No.1
  B1G1F offer enabled significant growth
• Snuggy Diapers record healthy growth
• Work is progressing on proposed plant at Sikkim

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Acquisition Update
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Acquisition

• Rapidol, South Africa
• GCPL has entered into an agreement for the
  acquisition of Rapidol, U.K., as well as its
  subsidiary Rapidol International
• Acquisition proposed to be completed subject to
  certain regulatory approvals
• Rapidol owns strong ethnic hair colour brands
  INECTO and SOFLENE trademarks in 10 countries in
  addition to its present trademark rights through
  Keyline Brands Ltd.
• Has presence in South African Hair Care market
  and other African markets
• Opportunity to introduce GCPLs products in the
  African continent.

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Keyline Brands Limited Q1 2006-07 Performance
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Sales Highlights
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Sales Growth vs Industry Growth2006-07 vs 2005-06
All figures shown are for All India Value
MS Source AC Nielsen
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Market share
GCPL Standalone
All figures shown are for All India Value
MS Source AC Nielsen
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Category-wise Turnover Q1 2006-07
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GCPL Sales Mix FY - 2006-07

Liquid Detergent (Rs.1.0 cr) (1)
By-Products (Rs.3.7 cr) (2)
Toiletries (Rs.13.2cr) (7)
Godrej Brand Toilet Soaps (Rs.126.5 cr) (65)
Hair Colours (Rs.47.3 cr) (25)
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GCPL Financials Ratios (Stand alone)
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GCPL - Highlights Q1 FY 2006-07

• Figures for GCPL (Stand alone)

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Summarised Profit Loss Account
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Balance Sheet
Rs.Crore
Liabilities Assets
30-06-06 31-03-06
30-06-06 31-03-06 Equity Capital
22.6 22.6 Net Fixed Assets
79.3 79.9 Reserves
84.0 53.6 Cash Bank Bal
11.0 13.7 Debt 1.6 4.9
Sh Term Inv 6.3 1.0 Def Tax
Liability 6.5 6.6 Inv in
Subsidiaries 49.0 49.0
Net Current Assets (30.9)
(23.8) Dividend Payable
0.0 (32.2) Total
114.7 87.7 Total
114.7 87.7
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Funds Flow
Rs Crore Q1 06-07
SOURCES Internal Accruals 33.1
Working Capital Change 7.1
Total 40.2 APPLICATION Debt
Repayment 3.3 Capital
Expenditure 2.1 Change cash/ sh
term investments 2.5
Dividend 32.3
Total 40.2
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Cost Structure (Q1 2006-07)
Rs.Crore
Rs Crore Q1 06-07 of Sales
Q1 05-06 of sales
Materials cost 94.5
49.3 83.3 49.7 Staff Cost 10.3
5.4 9.8 5.8 Advtg
Publicity 18.1 9.4
12.3 7.3 Other Expenditure
33.1 17.3 29.3 17.5 Interest Financial
Charges 0.8 0.4 0.9
0.5 Depreciation 2.7 1.4
2.7 1.6 Provision for Taxation
3.7 1.9 2.7 1.6 PAT
29.2 15.2 27.1 16.2 Net Profit after adj
30.5 15.9
27.1 16.2 Sales 191.6
100.0 167.7 100.0 Other
Income 0.8 0.4 0.3 0.2
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GCPL Ratios
Q1 06-07 Q1 05-06 PBDIT / Sales
19.0 19.9 PBT / Sales 17.2
17.8 PAT / Sales 15.2 16.2
Net profit / Sales 15.9 16.2
(After tax adj)
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GCPL Ratios contd..
Q1 06-07 Q1 05-06 NWC / Sales
(days) (15) (20) Fixed Asset
T/o Ratio 9.7 6.8 ROCE
118 154 RONW
109 149 EPS (on Rs.4 Share) 21.6
19.2
All figures are annualised
On closing Capital Employed Closing Networth
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Thank You