News

India's P&G Hygiene and Health Care posts drop in Q3 sales on muted demand India's Procter & Gamble Hygiene and Health Care Ltd reported a dip in quarterly sales on Wednesday, as a pandemic-driven demand for healthcare products waned with new COVID cases dropping across the country. The company said sale of its products, ranging from Vicks inhaler to Whisper sanitary napkin, fell about 1% to 8.81 billion rupees ($107.73 million) in the January-March quarter. Sales surge in the comparable quarter a year earlier was Omicron-driven, the company said in an...
India's P&G Hygiene and Health Care posts drop in Q3 sales on muted demand
India's P&G Hygiene and Health Care posts drop in Q3 sales on muted demand
Source: Reuters
11/05/2023 9:14:33 AM
Neutral P&G Hygiene and Healthcare For Target Rs .14,250 - Motilal Oswal Financial Services Here are the key takeaways from P&G Hygiene and Healthcare (PGHH)’s FY22 Annual Report: * Healthcare segment drives growth: PGHH does not share segmental sales details in the quarterly results, and so, annual report is the only source for its segmental results. The Healthcare segment (34% of sales in FY22) was the key driver of sales for the year, growing by 12.3% YoY. This was despite its extremely high sales base (up 24.1% YoY in FY21), which had been partly aided by Covid-led ...
Neutral P&G Hygiene and Healthcare For Target Rs .14,250 - Motilal Oswal Financial Services
Neutral P&G Hygiene and Healthcare For Target Rs .14,250 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
25/11/2022 1:58:42 PM
Neutral P&G Hygiene and Healthcare For Target Rs.14,250 - Motilal Oswal Financial Services Weak result and uncertain pace of recovery lead to a rating downgrade * P&G Hygiene and Healthcare (PGHH) declared a weak set of numbers in its 1QFY23 result (June year-end). PGHH reported flattish sales v/s our expectation of 11% growth. High CPI inflation appears to be severely affecting the conversion from cloth to sanitary napkins, the key driver of its sales growth. While the company does not share segmental data in its quarterly results, there may also have been a high base of Vi...
Neutral P&G Hygiene and Healthcare For Target Rs.14,250 - Motilal Oswal Financial Services
Neutral P&G Hygiene and Healthcare For Target Rs.14,250 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
3/11/2022 12:54:11 PM
Indian yoga guru eyes stock market debut of 4 group firms  Indian consumer group Patanjali, co-founded by a well-known yoga guru, said on Friday it plans to list four group companies as part of its vision for 2027, as the producer of affordable, local-made goods takes on bigger rivals like Unilever and P&G. Baba Ramdev, a household name whose TV yoga shows are watched by millions, has been the public face of Patanjali since it was set up in 2006 and remains its brand ambassador - his bearded face smiles down from ubiquitous billboards an...
Indian yoga guru eyes stock market debut of 4 group firms
Indian yoga guru eyes stock market debut of 4 group firms
Source: Reuters
16/09/2022 1:25:41 PM
Buy Procter & Gamble Hygiene & Healthcare Ltd For Target Rs.17,450 - Motilal Oswal Strong broad-based topline growth; ad spends to stabilize at lower levels Here are the key takeaways from P&G Hygiene and Healthcare (PGHH)’s FY21 Annual Report: * Feminine Hygiene and Healthcare segments report strong growth: PGHH continued to strengthen its brand fundamentals with innovation, product launches, distribution expansion, and superior communication and execution. Sales grew 19.1% YoY in FY21, led by the Feminine Hygiene (66% of sales; up 16.7% YoY) and Healthcare...
Buy Procter & Gamble Hygiene & Healthcare Ltd For Target Rs.17,450 - Motilal Oswal
Buy Procter & Gamble Hygiene & Healthcare Ltd For Target Rs.17,450 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
12/11/2021 11:42:21 AM
Buy P&G Hygiene and Healthcare Ltd For Target Rs.15,530 - Motilal Oswal Topline momentum healthy; increase in ad spends affects quarterly margin * P&G Hygiene and Healthcare (PGHH) ended FY21 (June year-end company) with 19.1% sales growth – this is the second year in the preceding three years that it has reported topline growth of over 19%. Thus, after losing momentum in the three years between FY16 and FY18, after the CEO change, the company seems to be back at the 19–20% topline CAGR trajectory seen over FY08–15. For a non-discretiona...
Buy P&G Hygiene and Healthcare Ltd For Target Rs.15,530 - Motilal Oswal
Buy P&G Hygiene and Healthcare Ltd For Target Rs.15,530 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
18/09/2021 12:30:55 PM
Buy P&G Hygiene and Healthcare Ltd For Target Rs.15,900 - Motilal Oswal Topline below our expectations; increase in ad spends augurs well *  P&G Hygiene & Health Care’s (PGHH) 3QFY21 sales growth, while healthy at 15.8% YoY, was lower than our expectations, considering: a) the strong momentum in recent quarters; and b) a favorable base, with a 6.2% sales decline in 3QFY20 (June year-ending company). * There was a steep increase of 73% YoY in advertising spends, translating to ad spends coming in at 17.1% of sales in 3QFY21, much higher t...
Buy P&G Hygiene and Healthcare Ltd For Target Rs.15,900 - Motilal Oswal
Buy P&G Hygiene and Healthcare Ltd For Target Rs.15,900 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
22/05/2021 10:28:21 AM
P&G Health Q3 net profit down 66.06% at Rs 15.77 cr The company reported standalone net profit of Rs 15.77 crore for the quarter ended March 31, 2021 as compared to Rs 46.46 crore in the same period last year, registering a year-on-year decline of 66.06 per cent. Net revenue of the company declined marginally by 3.93 per cent at Rs 219.15 crore in January-March quarter of this fiscal as against Rs 228.11 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 11.25 per cent to Rs 188.42 cro...
P&G Health Q3 net profit down 66.06% at Rs 15.77 cr
P&G Health Q3 net profit down 66.06% at Rs 15.77 cr
Source: Dion Global Solutions Ltd
7/05/2021 10:53:41 AM
P&G Hygiene&Health Q3 net profit up 7.94% at Rs 98.33 cr The company reported standalone net profit of Rs 98.33 crore for the quarter ended March 31, 2021 as compared to Rs 91.10 crore in the same period last year, registering a year-on-year growth of 7.94 per cent. Net revenue of the company rose moderately by 15.79 per cent at Rs 759.66 crore in January-March quarter of this fiscal as against Rs 656.05 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 18.71 per cent to Rs 630.97 crore fr...
P&G Hygiene&Health Q3 net profit up 7.94% at Rs 98.33 cr
P&G Hygiene&Health Q3 net profit up 7.94% at Rs 98.33 cr
Source: Dion Global Solutions Ltd
5/05/2021 12:20:35 PM
Procter & Gamble Hygiene`s January-March net profit up 8% Procter & Gamble Hygiene and Health Care Ltd on Tuesday reported an 8 per cent increase on a year-on-year in its net profit for the January-March quarter at Rs 98 crore. In a statement, the company said that during the period under review, it delivered sales of Rs 760 crore, up 16 per cent compared to the same period a year ago. Both the feminine care and health care business delivered strong double-digit sales growth in the quarter, it said. Further, the Board of Directors decla...
Procter & Gamble Hygiene`s January-March net profit up 8%
Procter & Gamble Hygiene`s January-March net profit up 8%
Source: IANS
5/05/2021 9:27:48 AM
Buy P&G Hygiene and Healthcare Ltd For Target Rs.14,000 - Motilal Oswal Stellar performance continues; upgrade to Buy * For the second consecutive quarter, PGHH reported an 18.5% YoY topline growth. If one takes into account flattish sales growth in 4QFY20 (June quarter, when most peers posted a sharp sales decline), it has been three quarters of impressive topline performance. Unlike 1QFY21, when growth was led largely by the Feminine Hygiene segment, performance in 2Q was broad based with Feminine Hygiene and Healthcare posting strong doubledigit growth. Ma...
Buy P&G Hygiene and Healthcare Ltd For Target Rs.14,000 - Motilal Oswal
Buy P&G Hygiene and Healthcare Ltd For Target Rs.14,000 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
11/02/2021 12:40:59 PM