INSUBCONTINENT EXCLUSIVE:
Kunal Bothra has a buy call on GCPL with a target price of Rs 720
The current market price of GCPL is Rs 686
Kunal Bothra recommended to keep a stop loss at Rs 680.
GCPL key products/revenue segments include home care which contributed Rs 2,834.32
crore to sales value (49.90 per cent of total sales), personal care which contributed Rs 2,042.57 crore to sales value (35.96 per cent of
total sales), hair care which contributed Rs 679.90 crore to sales value (11.97 per cent of total sales), other operating revenue which
contributed Rs 122.52 crore to sales value (2.15 per cent of total sales) for the year ending 31 March, 2019
For the quarter ended 30-06-2019, the company has reported a consolidated sales of Rs 2,330.59 crore, down 4.08 per cent from last quarter
sales of Rs 2,429.68 crore and down 4.82 per cent from last year same quarter sales of Rs 2,448.52 crore
The company has reported a net profit after tax of Rs 407.43 crore in latest quarter
The company’s top management includes Adi Godrej, Aman Mehta, Jamshyd N Godrej, Nadir Godrej, Narendra Ambwani, Omkar Goswami, Pirojsha
Godrej, Sumeet Narang, Vivek Gambhir, Ireena Vittal, Ndidi Nwuneli, Nisaba Godrej, Pippa Tubman Armerding and Tanya Dubash
As on 30-06-2019, the company has a total of 1,022,166,096 shares outstanding.