Toll Free No: 1800-103-7212


GODREJCP- How A 120 Year Old Company Is Aiming To Grow 10 Fold In Next 10 Years

GODREJCP- How A 120 Year Old Company Is Aiming To Grow 10 Fold In Next 10 Years
Research Digest | May 30, 2017

GodrejCP - known for Good Knight, HIT, Cinthol, Ezee and many more, is a part of 120 year old Godrej Goup and has presence and dominance in India as well as in Emerging Countries, precisely in Indonesia, Africa, Latin America and Europe.

For its major product categories, the company is

Largest in India, Second largest in Indonesia for - Household Insecticide

Number One In india, Number One in Sub-Saharan Africa, Leading Player in Latin America for - Hair Care

Some key factors that makes GodrejCP a must have in portfolio are:

1. Fair management practices
2. Year after year stellar Annual Numbers. Revenues growing at a CAGR of 15% for last 5 years
3. Group aiming to grow revenues 10-fold in the next 10 years
4. Margin expansion going forward due to better product mix
5. Better dividend policy going forward
6. Debt reduction Plans

Most importantly, timely and successful implementation of the transformative Goods & Service Tax (GST) will spur stronger growth for the sector in the second half of fiscal year 2018. There is enormous growth potential in India and emerging markets, given the low penetration and consumption rates in Company’s core categories, Godrej Cp though 120 year old still looks young. The Company is presently trading at 9.3 times P/B of FY19E. We recommend HOLD.

No Comments Found
leave your comment
Debanjali SenguptaContent

Content Writer

avatar-dummy.jpgAkash BachhawatResearch Analyst
avatar-dummy.jpgDhwanik ShahResearch
Romit_Barat_Romit_Barat.jpgRomit BaratVice President & Sales Head - PMS
Debanjali_Sengupta_debanjali.JPGDebanjali SenguptaContent Writer
Kamal_Kasera_Kamal_Kasera.pngKamal KaseraFixed Income and Currency Researcher
Shailendra_Kumar_Shailendra_Kumar.pngShailendra KumarCo-Founder & CIO
Naveen_Kumar_Dubey_Naveen.jpgNaveen Kumar DubeyFundamental research analyst
Anurag_Arora_Anurag.jpgAnurag AroraFundamental research analyst
Rubi_Burman_Rubi.jpgRubi BurmanNews and IPO Analyst
Krishna_Narnolia_2c2593de-0dc8-4a2a-947b-7bb05917f5da.jpgKrishna NarnoliaCMD & founder of Narnolia Group
Deepak_Kumar_Deepak.jpgDeepak KumarFundamental research analyst
Prakash_Modi_Prakash_Sir.jpegPrakash ModiAVP- Advisory
Vineeta_Sharma_Vineeta_mam.jpgVineeta SharmaHead of Equity Research
Atul_Mishra_Atul.jpgAtul MishraAdvanced Market Researcher
Pratik_Poddar_Pratik.jpgPratik PoddarFundamental Research Analyst
Sandip_Jabuani_Sandip.jpgSandip JabuaniFundamental research analyst
Sakina_Mandsaurwala_Sakina.jpgSakina MandsaurwalaAdvance Market Researcher
avatar-dummy.jpgKK MishraResearcher


current IPO
  • --
upcoming IPO
  • --
Narnolia Research & Advisory Narnolia Trading Platforms Narnolia Online | media Room