GlaxoSmithkline Consumer Healthcare (Delisted) share price

BSE: 500676

GlaxoSmithkline Consumer Healthcare Ltd. · Formerly Smithkline Beecham Consumer Healthcare · Face value ₹10 · Listed Apr 1979

Last traded ₹10,732.60 on 15 Apr 2020

Delisted on 24 Jun 2021.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.

Share price history

Daily closes since Jan 2007, BSE closes Jan 2007 to Jul 2007, Jul 2007 to Feb 2008, Feb 2008 to May 2008 and May 2008 to Jul 2010, adjusted for splits and bonuses

Daily close, ₹ per share

Dividend

Q3 results, quarter to Dec 2019

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹1,159 Cr+3.8% on a year ago · −13.8% on the quarter before
Operating profit
₹272 Cr+14.1% on a year ago · −31.3% on the quarter before
Net profit
₹277 Cr+25.1% on a year ago · −19.9% on the quarter before
Earnings per share
₹65.77+25.1% on a year ago · −19.9% on the quarter before
Operating margin
23.5%
Net margin
23.9%

From revenue to net profit, ₹ crore

  1. Revenue1,159
  2. Materials and goods−354
  3. Employee costs−152
  4. Other expenses−381
  5. Operating profit272
  6. Depreciation−19
  7. Other income+116
  8. Finance costs−1.5
  9. Profit before tax367
  10. Tax−91
  11. Net profit277

GlaxoSmithkline Consumer Healthcare results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2019. Results for the quarter to Mar 2020 were due by 30 May 2020, 60 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
1,209176Mar 171,046132Jun 171,115192Sep 171,035164Dec 171,180212Mar 181,107200Jun 181,272275Sep 181,117221Dec 181,286286Mar 191,194248Jun 191,345345Sep 191,159277Dec 19
Peak revenue ₹1,345 Cr, quarter to Sep 2019; lowest ₹1,035 Cr, quarter to Dec 2017

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
29.4%12.6%18.0%15.9%23.4%19.7%21.2%20.8%27.8%21.4%24.8%23.5%29.4%23.5%14.6%12.6%17.3%15.8%18.0%18.1%21.7%19.8%22.2%20.8%25.7%23.9%Mar 17Sep 17Mar 18Sep 18Mar 19Sep 19Dec 19
₹ croreMar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Filed 6 Feb
Revenue from operations1,2161,0451,1261,0291,1091,0591,1939601,2091,0461,1151,0351,1801,1071,2721,1171,2861,1941,3451,159
952846888869874855947792992880854831930877918878968914949887
Materials and goods bought395321373304346276367277376343394322374337386327386359395354
Employee costs–––––––––––––168155157165184159152
Other expenses–––––––––––––372377394416371395381
Operating profit before depreciation264199238160234204246168217166261204250230354239318280396272
Operating margin21.7%19.1%21.1%15.5%21.1%19.3%20.6%17.5%18.0%15.9%23.4%19.7%21.2%20.8%27.8%21.4%24.8%23.5%29.4%23.5%
Depreciation and amortisation2515141415151517181718151515151615202019
Other income59555757585958567156556484968912412312778116
Finance costs00000111111010000221
Profit before one-off items and tax298238281203277247288206269204298253319312427347426386452367
One-off items––56––––––––––0000000
Profit before tax298238337203277247288206269204298253319312427347426386452367
101831187197871047094721068910711115212614013810791
Tax rate34.0%34.9%34.9%34.9%34.8%35.1%36.1%33.8%34.7%35.3%35.5%35.3%33.6%35.7%35.5%36.2%32.9%35.7%23.6%24.7%
Net profit197155219132181161184136176132192164212200275221286248345277
Other comprehensive income–––––––––––––472−6243
Total comprehensive income–––––––––––––204282223280250350280
Net margin16.2%14.8%19.5%12.8%16.3%15.2%15.4%14.2%14.6%12.6%17.3%15.8%18.0%18.1%21.7%19.8%22.2%20.8%25.7%23.9%
Earnings per share––––––––₹41.82₹31.44₹45.75₹38.91₹50.36₹47.66₹65.50₹52.56₹67.95₹58.98₹82.10₹65.77
Earnings per share in rupees, restated for later splits and bonuses.

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to December, then March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
1,984233Dec 092,374300Dec 102,771355Dec 113,188437Dec 12Mar 144,308584Mar 154,309687Mar 164,421657Mar 174,377700Mar 184,7829830Mar 19
Peak revenue ₹4,782 Cr, year to Mar 2019; lowest ₹1,984 Cr, year to Dec 2009

Operating and net margin, per cent

  • Operating margin
  • Net margin
23.9%11.7%18.1%17.0%19.4%18.9%20.2%23.9%11.7%12.6%12.8%13.7%13.5%15.9%14.9%16.0%20.6%Dec 09Dec 11Mar 14Mar 16Mar 18Mar 19

The company moved its year end from December to March: its last year to December on record ended in Dec 2012, its first year to March in Mar 2015.

Results for the year to Mar 2019

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue4,782
  2. Materials and goods−1,436
  3. Employee costs−645
  4. Other expenses−1,560
  5. Operating profit1,141
  6. Depreciation−61
  7. Other income+433
  8. One-off items0.0
  9. Finance costs−0.8
  10. Profit before tax1,512
  11. Tax−529
  12. Net profit983

What the company owns

  • Cash and bank₹4,097 Cr
  • Plant, investments and other assets₹1,120 Cr
  • Inventory₹465 Cr
  • Receivables₹386 Cr

What pays for it: net worth and liabilities

  • Net worth₹4,095 Cr
  • Other liabilities₹1,021 Cr
  • Owed to suppliers₹953 Cr

Profit and loss

Standalone, ₹ crore, years to December, then March. No results on record for the year to Mar 2014. The last column is the twelve months to Dec 2019, the latest four quarters added.

₹ croreDec 2009Dec 2010Dec 2011Dec 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Dec 2019Twelve monthsFiled 6 Feb
Revenue from operations1,9842,3742,7713,188–4,3084,3094,4214,3774,7824,984
–––2,612–3,5773,4733,5883,4943,6413,718
Materials and goods bought5416727911,152–1,4991,3441,2971,4331,4361,494
Employee costs–––––––––645660
Other expenses–––––––––1,5601,564
Operating profit before depreciation–––576–7318368338831,1411,267
Operating margin–––18.1%–17.0%19.4%18.9%20.2%23.9%25.4%
Materials, % of revenue–––––––––30.0%30.0%
Employee costs, % of revenue–––––––––13.5%13.2%
Other expenses, % of revenue–––––––––32.6%31.4%
Depreciation and amortisation–––36–625764646174
Operating profit after depreciation–––540–6697787698191,0801,193
Other income275080114–222279244257433444
Finance costs4332–113215
One-off items–––––––––00
Profit before tax354452540649–8891,0551,0101,0741,5121,631
121152185212–306368354374529475
Net profit233300355437–5846876577009831,156
Other comprehensive income–––––––––74
Total comprehensive income–––––––––9901,159
Net margin11.7%12.6%12.8%13.7%–13.5%15.9%14.9%16.0%20.6%23.2%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Dec 2012, Mar 2015, Mar 2016, Mar 2017 and Mar 2018 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Dec 2009, Dec 2010 and Dec 2011: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 December, then 31 March.

₹ croreMar 2019
4,095
Share capital42
Reserves4,053
Borrowings0
1,814
159
Total assets6,068
801
5,267
Net debt−4,097
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Dec 2009, Dec 2010, Dec 2011, Dec 2012, Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Per share

Standalone, ₹ per share, years to December, then March.

₹ per shareMar 2017Mar 2018Mar 2019
Earnings per share₹156.15₹166.47₹233.69
Diluted earnings per share₹156.15₹166.47₹233.69
Book value per share––₹973.54
Market cap at the year end (₹ crore)––30,480

Ratios

Standalone, years to December, then March.

RatioDec 2009Dec 2010Dec 2011Dec 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue growth24.6%19.6%16.7%15.0%––0.0%2.6%−1.0%9.3%
Operating profit growth––––––14.3%−0.3%6.0%29.2%
Net profit growth23.6%28.8%18.5%23.0%––17.7%−4.4%6.6%40.4%
Earnings per share growth––––––––6.6%40.4%
Return on equity–––––––––24.0%
Return on capital employed–––––––––26.4%
Interest cover–––223.0–903.7985.1276.7403.41,385.2
Debt to equity–––––––––0.00
Receivable days–––––––––29
Inventory days–––––––––118
Payable days–––––––––242
Cash conversion cycle, days–––––––––−94
Working capital days–––––––––−49
Asset turnover–––––––––0.79
Assets per rupee of net worth–––––––––1.48
Sales per rupee of plant–––––––––10.35
Plant being built, % of plant in use–––––––––2.7%
No balance sheet is on record for the years to Dec 2009, Dec 2010, Dec 2011, Dec 2012, Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2019.

Return on assets, latest year
16.2%
Measure5 years3 years
Revenue growth, yearly rate–3.5%
Profit growth, yearly rate–12.7%
Operating margin, average19.9%21.0%
Net margin, average16.2%17.1%
Interest cover, average790.8688.5

Accounting checks

Standalone, years to December, then March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckDec 2009Dec 2010Dec 2011Dec 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Altman Z-scorePublished threshold 1.1–––––––––9.76
Effective tax ratePublished threshold 17.16 per cent34.2233.6334.2532.67–34.3634.9135.0134.8435.01
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2019 the company reports one business segment, Nutrition, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2019, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+18.8%+40.4%−15.4%0.0%
3 years+6.3%––0.0%
5 years+11.0%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

GlaxoSmithkline Consumer Healthcare share price by year

Each calendar year to 2020.

YearClose at year endChangeHighest closeLowest close
202010,732.60+29.2%10,732.608,008.90
20198,308.90+8.7%9,256.206,924.30
20187,645.25+16.9%7,807.505,842.40
20176,538.00+30.7%6,599.254,909.05
20165,003.35−21.9%6,675.704,901.75
20156,406.20+9.2%6,787.055,598.20
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2020 close is its last trade, on 15 Apr 2020.

Recent sessions

The 10 trading days to 15 Apr 2020, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
15 Apr 202010,310.0010,850.0010,310.0010,732.6010,667.141,99,724
13 Apr 202010,450.0010,566.4010,120.0010,236.3010,231.5641,955
9 Apr 202010,878.0010,878.0010,141.1510,356.0510,366.6853,417
8 Apr 202010,590.0011,296.3010,504.5510,639.3010,946.2897,773
7 Apr 20209,660.0010,700.009,660.0010,593.4010,220.5887,649
3 Apr 20209,600.009,773.759,270.009,356.209,418.2977,269
1 Apr 202010,029.0010,084.309,420.559,548.559,650.3053,600
31 Mar 20209,600.0010,020.009,461.509,974.259,817.6223,989
30 Mar 20209,300.009,522.509,163.859,449.909,385.2152,255
27 Mar 20209,845.009,854.259,223.009,374.859,466.2238,730
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
500676
ISIN
INE264A01014
Former symbols
GSKCONS, SMITKLBECH
CIN
L24231PB1958PLC002257
Corporate identity number, the registrar of companies' code for it
Incorporated
1958
Registered office
Patiala Road, Nabha 147201, Punjab
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments