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PGHH - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.6

Last Updated Time : 19 Mar 26, 07:11 pm

Fundamental Rating: 3.6

Stock Code PGHH Market Cap 32,453 Cr. Current Price 10,001 ₹ High / Low 14,543 ₹
Stock P/E 37.8 Book Value 287 ₹ Dividend Yield 1.70 % ROCE 104 %
ROE 75.7 % Face Value 10.0 ₹ DMA 50 11,517 ₹ DMA 200 12,787 ₹
Chg in FII Hold -0.05 % Chg in DII Hold -0.02 % PAT Qtr 301 Cr. PAT Prev Qtr 210 Cr.
RSI 16.6 MACD -435 Volume 24,688 Avg Vol 1Wk 26,361
Low price 9,958 ₹ High price 14,543 ₹ PEG Ratio -45.0 Debt to equity 0.00
52w Index 0.94 % Qtr Profit Var 12.2 % EPS 265 ₹ Industry PE 43.1

📊 Core Financials

  • Revenue Growth: Quarterly PAT improved from ₹210 Cr to ₹301 Cr (+12.2%).
  • Profit Margins: Strong margins supported by consumer goods portfolio.
  • Debt Ratios: Debt-to-equity at 0.00 → debt-free balance sheet.
  • Cash Flows: Stable and strong, typical of FMCG companies.
  • Return Metrics: Exceptional ROCE (104%) and ROE (75.7%) → highly efficient capital utilization.

💹 Valuation Indicators

  • P/E Ratio: 37.8 vs Industry PE of 43.1 → slightly undervalued relative to peers.
  • P/B Ratio: ~34.8 (Price ₹10,001 / Book Value ₹287) → very high premium.
  • PEG Ratio: -45.0 → negative, reflecting weak earnings growth outlook.
  • Intrinsic Value: Current price moderately above fair value, but supported by strong fundamentals.

🏢 Business Model & Competitive Advantage

  • PGHH (Procter & Gamble Hygiene and Health Care) operates in FMCG, focusing on healthcare and hygiene products.
  • Competitive advantage lies in strong brand portfolio, global parent support, and leadership in consumer health products.
  • Debt-free status and high return ratios strengthen overall health.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive accumulation range between ₹9,800 – ₹10,200 (near current lows).
  • Long-Term Holding: Strong fundamentals and brand leadership make it a reliable long-term compounder, though growth outlook is modest.

✅ Positive

  • Debt-free balance sheet.
  • Exceptional ROCE (104%) and ROE (75.7%).
  • Strong brand presence in FMCG healthcare.
  • Dividend yield of 1.70% adds income support.

⚠️ Limitation

  • Extremely high P/B ratio (~34.8).
  • Negative PEG ratio (-45.0) indicates weak growth prospects.
  • Stock trading far below 52-week high (₹14,543 → ₹10,001).

📉 Company Negative News

  • Decline in FII (-0.05%) and DII (-0.02%) holdings.
  • Weak growth outlook despite strong profitability.

📈 Company Positive News

  • Quarterly PAT growth of 12.2%.
  • Debt-free status ensures financial resilience.
  • Strong dividend payout policy.

🏭 Industry

  • FMCG sector remains resilient with steady demand for healthcare and hygiene products.
  • Industry PE at 43.1, showing PGHH is slightly undervalued relative to peers.

🔎 Conclusion

PGHH combines debt-free stability with exceptional return ratios, making it a strong long-term holding in the FMCG healthcare space. While valuations are stretched on P/B and growth outlook is modest, its brand strength and profitability support steady compounding. Investors may accumulate near current levels for long-term exposure to resilient consumer demand.

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