MarketFriction

GlaxoSmithkline Consumer Healthcare Ltd(Merged)

NSE GSKCONS · Packaged Foods
₹10,732.60 +4.85%
NSE close2020-04-15
Market cap₹45,141 Cr.
P/E39.1
Merged or delisted Delivery 63.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019
Sales1,1039861,1121,0391,1801,1071,2721,1171,2861,1941,3451,159
Expenses885819853832930877918878968914949887
Operating Profit218167259208250230354239318280396272
OPM %20%17%23%20%21%21%28%21%25%23%29%23%
Other Income7055576184968912412312778116
Interest111010000221
Depreciation181718151515151615202019
Profit before tax269204298253319312427347426386452367
Tax %35%35%35%35%34%36%36%36%33%36%24%25%
Net Profit176132192164212200275221286248345277
EPS in Rs41.7831.4145.7038.8750.3147.6165.4452.5167.8958.9382.0265.71
Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Mar 2014 15mMar 2015Mar 2016Mar 2017Mar 2018Mar 2019TTM
Sales1,5421,9212,3062,7653,1874,8694,3084,1363,9914,3174,7824,984
Expenses1,3081,6111,9322,2612,6143,9963,5693,2983,1533,4333,6413,718
Operating Profit2343103745045738737398388388831,1411,267
OPM %15%16%16%18%18%18%17%20%21%20%24%25%
Other Income988912085114207213278239257433444
Interest543321123215
Depreciation424240463663625764646074
Profit before tax2843544525406491,0168891,0561,0101,0741,5121,631
Tax %34%34%34%34%33%34%34%35%35%35%35%
Net Profit1882333003554376755846876577009831,156
EPS in Rs44.7355.2971.2284.37103.74160.27138.62163.25155.98166.29233.44274.55
Dividend Payout %34%33%70%41%43%28%40%43%45%45%45%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth12%0%5%7%
Compounded Profit Growth18%8%13%27%
Stock Price CAGR6%%%%
Return on Equity28%25%23%26%
Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Sep 2019
Equity Capital424242424242424242424242
Reserves7198639181,1021,3191,7712,0712,7573,0813,4434,0534,120
Borrowings0000000138000
Other Liabilities3195118009381,1941,5991,9071,6841,8241,9281,9731,981
Total Liabilities1,0791,4161,7602,0822,5553,4114,0204,4954,9555,4136,0686,143
Fixed Assets210194202201194340492481487476462503
CWIP163810814919738425158381815
Investments000000000000
Other Assets8531,1841,4501,7332,1633,0333,4863,9634,4104,8995,5885,625
Total Assets1,0791,4161,7602,0822,5553,4114,0204,4954,9555,4136,0686,143
Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Cash from Operating Activity188135400326391554644611573603723671
Cash from Investing Activity-2119-22-79-125-377-271331-152-602-446-335
Cash from Financing Activity-63-55-30-91-248-175-223-222-286-361-363-377
Net Cash Flow10499349156172150720136-361-87-41
Free Cash Flow163105355218295472477506521537674638
CFO/OP110%102%174%130%113%136%112%123%110%122%135%103%
Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Debtor Days810681313222731292429
Inventory Days222238178170171148108114125160127148
Days Payable164148191194166192178185213303312303
Cash Conversion Cycle66100-7-1618-31-48-45-57-114-161-125
Working Capital Days817-30-56-42-60-39-57-36-50-65-49
ROCE %42%41%43%48%52%52%64%46%43%34%33%40%
Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019
Promoters72.46%72.46%72.46%72.46%72.46%72.46%72.46%72.46%72.46%72.46%72.46%72.46%
FIIs4.37%4.15%3.95%4.10%4.54%3.96%4.00%4.68%4.27%4.20%4.37%4.58%
DIIs8.39%8.64%8.91%8.69%8.20%8.43%8.29%7.33%7.22%6.92%6.92%6.56%
Public14.78%14.75%14.68%14.76%14.80%15.15%15.26%15.54%16.05%16.42%16.26%16.40%
No. of Shareholders41,91641,17840,92839,61245,71247,74951,50453,86354,86754,62654,33353,936

Fundamentals

Market Cap₹ 45,141 Cr.
Current Price₹ 10,733
Stock P/E39.1
Book Value₹ 989
ROCE39.9 %
ROE25.9 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)7%
Compounded Profit Growth (TTM)27%
Standalone figures.
Valuation
Market capRs 45,137 Cr
Enterprise valueRs 41,039 Cr
P/E (TTM)39.05x
Price to book11.02x
Price to sales9.06x
EV / EBITDA23.99x
EV / EBIT25.08x
EV / sales8.23x
Price to cash flow67.26x
Earnings yield2.56%
Dividend yield0.98%
P/E, 3-year average33.56x
P/B, 3-year average7.25x
P/E, 5-year average36.60x
P/B, 5-year average8.67x
Profitability
Operating margin (excl. other income)23.86%
Operating margin (incl. other income)32.91%
EBITDA margin34.32%
Pre-tax margin32.73%
Net profit margin23.19%
Net margin, latest quarter23.87%
ROE25.93%
ROCE39.92%
ROA17.12%
ROE, 3-year average23.10%
ROCE, 3-year average35.52%
ROA, 3-year average14.84%
ROE, 5-year average25.40%
ROCE, 5-year average38.97%
ROA, 5-year average15.28%
Tax rate35.01%
Other income / net worth10.56%
Growth
Sales growth (latest year)10.78%
Profit growth (latest year)40.38%
Sales CAGR, 3 years4.95%
Sales CAGR, 5 years-0.36%
Profit CAGR, 3 years12.66%
Profit CAGR, 5 years7.81%
Sales growth QoQ-13.85%
Profit growth QoQ-19.89%
Sales growth YoY (latest quarter)3.76%
Profit growth YoY (latest quarter)25.14%
Per share
EPS (TTM)Rs 274.83
EPS (latest year)Rs 233.69
EPS (latest quarter)Rs 65.78
EPS, 3-year averageRs 185.44
EPS, 5-year averageRs 171.70
Book value per shareRs 973.65
Sales per shareRs 1,185.18
Cash flow per shareRs 159.57
Free cash flow per shareRs 151.70
Dividend per share (latest year)Rs 105.01
Dividend per share, 3-year averageRs 83.34
Dividend per share, 5-year averageRs 75.01
Dividends
Dividend payout44.94%
Dividend payout, 3-year average44.94%
Dividend payout, 5-year average43.46%
Efficiency
Asset turnover0.79x
Fixed asset turnover10.35x
Inventory turnover3.37x
Inventory days108 days
Debtor days29 days
Debtors turnover12.40x
Creditor days303 days
Cash conversion cycle-125 days
Working capital days-49 days
Leverage
Cash and bankRs 4,097 Cr
Net debtRs -4,097 Cr
Net debt / EBITDA-2.40x
Interest coverage316.51x
Owners' fund to total sources67.48%
Cash flow
Cash from Operating Activity (latest year)Rs 671 Cr
Cash from Investing Activity (latest year)Rs -335 Cr
Cash from Financing Activity (latest year)Rs -377 Cr
Net Cash Flow (latest year)Rs -41 Cr
Free cash flow (latest year)Rs 638 Cr
Cash from ops / profit, 5 years0.88x
Sales to cash flow7.13x
Statement figures
Net sales (TTM)Rs 4,984 Cr
Net sales (latest year)Rs 4,782 Cr
Sales (latest quarter)Rs 1,159 Cr
Operating profit excl. other income (latest year)Rs 1,141 Cr
Operating profit (latest quarter)Rs 272 Cr
Other income (TTM)Rs 444 Cr
EBITDA (TTM)Rs 1,710 Cr
PBDT (TTM)Rs 1,705 Cr
Profit before tax (TTM)Rs 1,631 Cr
Tax (latest year)Rs 529 Cr
Net profit (TTM)Rs 1,156 Cr
Net profit (latest year)Rs 983 Cr
Net profit (latest quarter)Rs 277 Cr
Depreciation (TTM)Rs 74 Cr
Depreciation (latest quarter)Rs 19 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 1,567 Cr
Total expenditure (latest year)Rs 3,641 Cr
Total income (latest year)Rs 5,215 Cr
Share capitalRs 42 Cr
ReservesRs 4,053 Cr
Shareholders' fundsRs 4,095 Cr
Total assetsRs 6,068 Cr
Net blockRs 462 Cr
Capital work in progressRs 18 Cr
ReceivablesRs 386 Cr
InventoryRs 465 Cr
Other liabilitiesRs 1,973 Cr
Shares outstanding (crore)4.21
Ownership
Promoter holding72.46% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 39.0 is at the 77th percentile of its own 3.6-year range (median 34.4, low 30.6, high 42.9).
P/B 11.02 is at the 98th percentile (median 8.53).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodGSKCONSNifty 50Difference
1 week+14.7%-2.8% +17.5 pts
1 month+14.9%-6.8% +21.7 pts
3 months+27.9%-7.6% +35.5 pts
6 months+29.1%+0.4% +28.7 pts
1 year+51.9%-9.9% +61.8 pts
2 years+75.9%-13.6% +89.5 pts
3 years+102.6%+14.2% +88.4 pts
5 years+68.3%+27.9% +40.4 pts

Red flags

F-score 6 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Dec 2019
Sales ₹1,159 Cr +3.8% vs Dec 2018. Net profit ₹277 Cr +25.3%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2019-07-25 Annual General Meeting/Dividend - Rs 105 Per Share
2018-07-31 Annual General Meeting / Dividend- Rs 75 Per Share
2017-08-02 Annual General Meeting/Dividend - Rs 70/- Per Share
2016-07-26 Annual General Meeting/ Dividend - Rs 70/- Per Share
2015-07-27Annual General Meeting/Dividend - Rs. 55/- Per Share
2014-07-28Annual General Meeting / Dividend - Rs 45/- Per Share (Bc Start Date Revised)
2013-03-19Annual General Meeting/Dividend Rs 45 Per Share
2012-03-09Annual General Meeting And Dividend Rs.35/- Per Share
2011-03-11Annual General Meeting And Dividend Rs.50/- Per Share (Special Dividend Rs.25/- Per Share And Final Dividend Rs.25/- Per Share)
2010-04-09Agm/Div-Rs.18/- Per Share
2009-04-13Agm/Div-Rs.5 Per Share
2008-10-29Int Div - Rs. 10/- Per Shpurpose Revised
2008-04-15Annual General Meeting
2007-10-29Int Div-Rs.12.00 Per Sh Purpose Revised
2007-04-16Agm
2006-10-31Int Div-Rs.10/- Per Sh Purpose Revised
2006-04-18Agm
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of GlaxoSmithkline Consumer Healthcare Ltd(Merged)?

GlaxoSmithkline Consumer Healthcare Ltd(Merged) (GSKCONS) has a market capitalisation of Rs 45,141 Cr. at the 2020-04-15 close.

What is the P/E ratio of GlaxoSmithkline Consumer Healthcare Ltd(Merged)?

GlaxoSmithkline Consumer Healthcare Ltd(Merged) trades at a P/E of 39.1 on trailing twelve-month profit, at the 2020-04-15 close.

What were GlaxoSmithkline Consumer Healthcare Ltd(Merged)'s latest quarterly results?

In the Dec 2019 quarter, GlaxoSmithkline Consumer Healthcare Ltd(Merged) sales was Rs 1,159 Cr (+3.8% vs Dec 2018) and net profit was Rs 277 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03