Close
x
  • SMC open account icon Open an A/C
    • Open an A/C
    • CHOOSE YOUR OPTION(S)
    • Trading A/c
    • Mutual Fund A/c
    • NBFC A/c
    • NPS A/c
  • SENSEX Jan 21 2022 12:00
    59,037.18 -427.44 (-0.72%)
  • NIFTY Jan 21 2022 12:00
    17,617.15 -139.85 (-0.79%)
  • SENSEX Jan 21 2022 12:00
    59,037.18 -427.44 (-0.72%)
  • NIFTY Jan 21 2022 12:00
    17,617.15 -139.85 (-0.79%)
  • Nasdaq Jan 21 2022 04:30
    14,154.02 -186.24 (-1.30%)
  • DJIA Jan 21 2022 04:30
    34,715.39 -313.26 (-0.89%)
  • S&P 500 Jan 21 2022 04:30
    4,482.73 -50.03 (-1.10%)
  • Hang Seng Jan 21 2022 02:10
    24,965.55 +13.20 ( +0.05%)
  • Crude Oil Jan 21 2022 11:37
    6,314.00 -83.00 (-1.30%)
  • Gold Jan 21 2022 11:37
    48,250.00 -130.00 (-0.27%)
  • Silver Jan 21 2022 11:37
    64,777.00 -602.00 (-0.92%)
  • Copper Jan 21 2022 11:37
    752.45 -8.65 (-1.14%)
  • Pound / Rupee Dec 23 2016 22:30
    101.21 -0.08 (-0.08%)
  • Dollar / Rupee Dec 23 2016 22:30
    74.30 -0.09 (-0.13%)
  • Euro / Rupee Dec 23 2016 22:30
    84.25 -0.10 (-0.12%)
  • Yen / Rupee Dec 23 2016 22:30
    0.65 0.00 ( +0.03%)

Procter & Gamble Hygiene and Health Care Ltd

BSE Code : 500459 | NSE Symbol : PGHH | ISIN:INE179A01014| SECTOR : FMCG |

NSE BSE
 
SMC down arrow

15,867.65

-121.30 (-0.76%) Volume 280564

21-Jan-2022 EOD

Prev. Close

15,988.95

Open Price

16,096.75

Bid Price (QTY)

0.00(0)

Offer Price (QTY)

0.00(0)

 

Today’s High/Low 16,195.00 - 15,801.20

52 wk High/Low 16,448.70 - 11,100.00

Key Stats

MARKET CAP (RS CR) 51411.96
P/E 83.43
BOOK VALUE (RS) 220.0414482
DIV (%) 3150
MARKET LOT 1
EPS (TTM) 189.84
PRICE/BOOK 71.9782574126869
DIV YIELD.(%) 1.99
FACE VALUE (RS) 10
DELIVERABLES (%) 56.54
4

News & Announcements

18-Jan-2022

Procter & Gamble Hygiene &Healthcare to convene board meeting

17-Jan-2022

Procter & Gamble Hygiene and Health Care Ltd - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

17-Jan-2022

Procter & Gamble Hygiene and Health Care Ltd - Procter & Gamble Hygiene and Health Care Limited - Loss of Share Certificates

10-Jan-2022

Procter & Gamble Hygiene and Health Care Ltd jumps around 2%

18-Jan-2022

Procter & Gamble Hygiene &Healthcare to convene board meeting

09-Oct-2021

Procter & Gamble Hygiene &Healthcare schedules board meeting

21-Sep-2021

Procter & Gamble Hygiene &Healthcare to convene AGM

26-Aug-2021

Board of Procter & Gamble Hygiene &Healthcare recommends Final Dividend

Corporate Actions

Bonus
Splits
Dividends
Rights
Capital Structure
Book Closure
Board Meeting
AGM
EGM
 

Financials

Income Statement

Standalone
Consolidated
 

Peers Comparsion

Select Company Name BSE Code NSE Symbol
Colgate-Palmolive (India) Ltd 500830 COLPAL
Gillette India Ltd 507815 GILLETTE
Hindustan Unilever Ltd 500696 HINDUNILVR
Jyothy Consumer Products Ltd(Merged) 532671
Ponds (India) Ltd (Merged) 530015 PONDS
Rayban Sun Optics India Ltd 500044 BAUSCHLOMB
Reckitt Benckiser (I) Ltd 500750 RECKCOLMAN

Share Holding

Category No. of shares Percentage
Total Foreign 1028068 3.17
Total Institutions 4373984 13.48
Total Govt Holding 0 0.00
Total Non Promoter Corporate Holding 559910 1.73
Total Promoters 22929773 70.64
Total Public & others 3569001 10.99
Total 32460736 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

About Procter & Gamble Hygiene and Health Care Ltd

Procter & Gamble Hygiene and Health Care Limited (P&GHHCL) is one of India's fastest growing Fast Moving Consumer Goods (FMCG) Companies that has in its portfolio WHISPER - India's leading Feminine Hygiene brand, and VICKS - India's No.1 Health Care brand and Old Spice. The company has its manufacturing locations at Goa and Baddi in Himachal Pradesh, apart from third party manufacturing locations spread across India. P&GHHCL is the Indian subsidiary of The Procter & Gamble Company, USA. The company was incorporated on 20th July 1964 at Mumbai. The Company's saga dates way back to the establishment of Richardson Hindustan Limited (RHL), which obtained an Industrial License to undertake manufacture of Menthol and de mentholised peppermint oil and VICKS range of products such as Vicks VapoRub, Vicks Cough Drops and Vicks Inhaler. The premier product of the company, Vicks Action 500 was launched in the year 1979 and in 1984; an Ayurvedic Research Laboratory was gone to live. In October of the year 1985, RHL became an affiliate of The Procter & Gamble Company, USA. In 1989, Procter & Gamble India (after change in name from RHL) launched Whisper, the breakthrough technology sanitary napkin at first time. In 1991, the company had launched Ariel detergent and also in the same year the Mandideep (Bhopal) Factory started its operations. During the year 1993, P&G had divested the Detergents business to Procter & Gamble Home Products. Goa Honda Factory of the company was started its operations in the year 1996 for manufacture the Vicks Vaporub. After two years, in 1998, Goa Kundiam Factory started its operations for manufacture the Whisper pads. During the year 1999, the company changed its name from Procter & Gamble India Limited to Procter & Gamble Hygiene and Health Care Limited and also in the identical year, Mediker Shampoo business was divested to Marico Industries. In 2000, the company had introduced Whisper Ultra, Vicks Plus Medicated Lozenges and re launched Vicks Action 500+. To make Indian consumers affordable, the company had reduced its prices on Whisper in the year 2001. P&G had launched New Improved Vicks VapoRub in the year 2002, India's number one Cold Rub that provides multi-symptom relief from the six symptoms of a child's cold and also in the same year launched Vicks Action500+ Night tablets. Vicks Formula 44 Cough Syrup, which was introduced by the company in the year of 2003 to provide safe, effective and long lasting relief for up to eight hours from tough persistent coughs due to colds. P&G had commenced test marketing of economically priced and competitively superior performing, Whisper Choice pads in the southern states of Karnataka, Tamil Nadu, Andhra Pradesh and Kerala during the year 2004. After a year, in 2005, the company had launched Whisper Choice National in Indian market and also acquired Gillette globally. Building the brand equity of Whisper and what's more, has won the Bronze Lion Award at the Cannes International Advertising Festival 2006. During 2007-08, the company entered into a Public Private Partnership with the National Rural Health Mission, Rajasthan, to provide women in Rajasthan with a better option of sanitary protection and by consequence, a healthier, more productive life. On 16 March 2016, Procter & Gamble Hygiene and Health Care announced that the Delhi High Court has granted interim injunction suspending Government notification prohibiting the manufacture for sale, sale and distribution for Fixed Dose Combination drugs (Paracetamol + Phenylephrine + Caffeine) till the next hearing. Accordingly, the company will resume manufacture and sale of Vicks Action 500 Extra. On 1 April 2017, promoter shareholder of Procter & Gamble Hygiene and Health Care, viz., Rosemount LLC transferred 10.88 lakh shares (3.35% of shareholding) held in the company to another promoter group company, Procter & Gamble Overseas India B.V., the Netherlands. The Board of Directors of Procter & Gamble Hygiene and Health Care at its meeting held on 5 May 2017 declared special interim dividend of Rs 362 per share from accumulated surplus from profits of earlier years and the current year. The dividend demonstrates the company's intent to reward shareholders for strong results in a competitive market environment.

Procter & Gamble Hygiene and Health Care Ltd Chairman Speech

The last fiscal was one of the most challenging in our history with the pandemic having a significant impact on every aspect of life, business and economy. Despite the challenges, your Company remained agile and committed to serving Indian consumers and delivered strong double-digit growth during the fiscal year. In addition, the Company continued to prioritize employee-health and well-being and stepped up as a force for good to help Communities in need during these unprecedented times.

Your Company has built citizenship into its way of doing business and in response to the pandemic, we launched the‘P&G Suraksha India' program to step up as a force for good. Through this program, as P&G group, we contributed towards vaccine doses in India. We also donated oxygen concentrators, masks and sanitizers for the protection of frontline workers and underprivileged communities. We continued to leverage the voice of our brands on mass media to create awareness about preventive measures to combat the spread of COVID-19. Since the outbreak of the pandemic, we have also donated more than 30 lakh Whisper sanitary pads to support women and girls from underprivileged backgrounds. To extend our support to India's healthcare infrastructure, we are partnering with TATA Trusts to support hospital capacity expansion in various locations.

In addition, your company continued its focus on educating underprivileged children in India through the ‘P&G Shiksha' program. Through this CSR program, the P&G group in India has supported thousands of schools that will impact the lives of lakhs of children.P&G Shiksha's efforts are focused on three main areas – improving learning outcomes, empowering marginalized girls through education and improving educational infrastructure. During the pandemic, as schools remain closed, P&G Shikshacontinued to provide online education and has reached out to thousands of children during this time.

While the near-term outlook remains uncertain, we will continue to focus on our strategy to drive superiority and improve productivity to drive balanced growth, while prioritizing the health and safety of our people.

Lastly, I would also like to express my gratitude to all our employees, customers, consumers, business partners and YOU, our valued Shareholders for your support during this tough year. We will continue to innovate and bring superior products to consumers and sustainably grow the business.

   

Procter & Gamble Hygiene and Health Care Ltd Company History

Procter & Gamble Hygiene and Health Care Limited (P&GHHCL) is one of India's fastest growing Fast Moving Consumer Goods (FMCG) Companies that has in its portfolio WHISPER - India's leading Feminine Hygiene brand, and VICKS - India's No.1 Health Care brand and Old Spice. The company has its manufacturing locations at Goa and Baddi in Himachal Pradesh, apart from third party manufacturing locations spread across India. P&GHHCL is the Indian subsidiary of The Procter & Gamble Company, USA. The company was incorporated on 20th July 1964 at Mumbai. The Company's saga dates way back to the establishment of Richardson Hindustan Limited (RHL), which obtained an Industrial License to undertake manufacture of Menthol and de mentholised peppermint oil and VICKS range of products such as Vicks VapoRub, Vicks Cough Drops and Vicks Inhaler. The premier product of the company, Vicks Action 500 was launched in the year 1979 and in 1984; an Ayurvedic Research Laboratory was gone to live. In October of the year 1985, RHL became an affiliate of The Procter & Gamble Company, USA. In 1989, Procter & Gamble India (after change in name from RHL) launched Whisper, the breakthrough technology sanitary napkin at first time. In 1991, the company had launched Ariel detergent and also in the same year the Mandideep (Bhopal) Factory started its operations. During the year 1993, P&G had divested the Detergents business to Procter & Gamble Home Products. Goa Honda Factory of the company was started its operations in the year 1996 for manufacture the Vicks Vaporub. After two years, in 1998, Goa Kundiam Factory started its operations for manufacture the Whisper pads. During the year 1999, the company changed its name from Procter & Gamble India Limited to Procter & Gamble Hygiene and Health Care Limited and also in the identical year, Mediker Shampoo business was divested to Marico Industries. In 2000, the company had introduced Whisper Ultra, Vicks Plus Medicated Lozenges and re launched Vicks Action 500+. To make Indian consumers affordable, the company had reduced its prices on Whisper in the year 2001. P&G had launched New Improved Vicks VapoRub in the year 2002, India's number one Cold Rub that provides multi-symptom relief from the six symptoms of a child's cold and also in the same year launched Vicks Action500+ Night tablets. Vicks Formula 44 Cough Syrup, which was introduced by the company in the year of 2003 to provide safe, effective and long lasting relief for up to eight hours from tough persistent coughs due to colds. P&G had commenced test marketing of economically priced and competitively superior performing, Whisper Choice pads in the southern states of Karnataka, Tamil Nadu, Andhra Pradesh and Kerala during the year 2004. After a year, in 2005, the company had launched Whisper Choice National in Indian market and also acquired Gillette globally. Building the brand equity of Whisper and what's more, has won the Bronze Lion Award at the Cannes International Advertising Festival 2006. During 2007-08, the company entered into a Public Private Partnership with the National Rural Health Mission, Rajasthan, to provide women in Rajasthan with a better option of sanitary protection and by consequence, a healthier, more productive life. On 16 March 2016, Procter & Gamble Hygiene and Health Care announced that the Delhi High Court has granted interim injunction suspending Government notification prohibiting the manufacture for sale, sale and distribution for Fixed Dose Combination drugs (Paracetamol + Phenylephrine + Caffeine) till the next hearing. Accordingly, the company will resume manufacture and sale of Vicks Action 500 Extra. On 1 April 2017, promoter shareholder of Procter & Gamble Hygiene and Health Care, viz., Rosemount LLC transferred 10.88 lakh shares (3.35% of shareholding) held in the company to another promoter group company, Procter & Gamble Overseas India B.V., the Netherlands. The Board of Directors of Procter & Gamble Hygiene and Health Care at its meeting held on 5 May 2017 declared special interim dividend of Rs 362 per share from accumulated surplus from profits of earlier years and the current year. The dividend demonstrates the company's intent to reward shareholders for strong results in a competitive market environment.

Procter & Gamble Hygiene and Health Care Ltd Directors Reports

Your Directors have the pleasure of presenting the 57th Annual Report and the Audited Financial Statements of your Company for the Financial Year ended June 30, 2021.

FINANCIAL RESULTS

2020-21 2019-20
Revenue from operations 3,574 3,002
Profit before tax 870 594
Profit after tax 652 433

FINANCIAL YEAR

The Company's Financial Year is July 1st to June 30th.

DIVIDEND

During the Financial Year, the Board of Directors declared an interim dividend of Rs.85 per Equity Share and a special dividend of Rs.150 per Equity Share. The payment of the said interim dividend and special dividend to the Shareholders was completed on

February 25, 2021 and May 27, 2021 respectively. Your Directors are pleased to recommend a dividend of Rs.80 per Equity Share for the Financial

Year ended June 30, 2021. This final dividend is subject to approval of the Members at the ensuing 57th Annual General Meeting.

BUSINESS PERFORMANCE

During the Financial Year, business operations were disrupted across the country following the nationwide lockdown imposed to contain the spread of COVID-19. In this unprecedented environment, your Company delivered a resilient performance for the Financial Year with sales of Rs.3,574 crores, up 19% vs year agoandProfitAfter Tax of Rs.652 crores, up 51% vs year ago.

Feminine Care Business

In the feminine care business, Whisper continued to hold its position as the market leader. We continue to delight our consumers with strong innovation across the portfolio. We strengthened our position in the emerging Premium Nights segment while playing actively in our base Ultra & Choice portfolios.

We ran the second version of Whisper #KeepGirlsInSchool campaign this year, to raise awareness about the issue of girls dropping out of school when they attain puberty and how to address the same. We stepped up the drive this year with the

 

Period Of Pride Partnership with a major media house. Whisper continues to bring transformational change in the community. Through our Whisper School program and other consumer touchpoints, last year we actively supported 40,000+ schools educating about 60 lakh adolescent girls on the importance of menstrual hygiene.

Health Care Business

Your Company's health care sales posted super strong growth this Financial Year, despite external challenges due to COVID-19 pandemic. Your Company continued to win externally and grow share in the Cough & Cold category with strong offtake growth behind the strength of our portfolio, which includes

 

Vicks VapoRub, Vicks Throat Drops, Vicks Action 500 Advanced, Vicks Inhaler and Vicks BabyRub.

With world-class communication, all our sub-brands continue to grow share which was further strengthened by strong innovation with the launch of

 

Vicks Roll-On Inhaler. Superior go-to-market strategy enabled enhanced presence in stores with more visibility touchpoints per store.

Apart from strong business results, the brand received external recognition for Superior Brand Building- Gold at Sabres South Asia, Bronze at ET

Kaleido Awards and Gold at Fulcrum.

While we continue to grow business, we continue to be a force for good, with your Company launching

 

#Vicks Touch of Care 3.0 campaign spreading the message of care and honoring our front liners during these unprecedented times. We backed up our words with action via helping build a hospital in the memory of late Dr. Bhosale who lost his life while caring for others during the pandemic.

Overall, your Company continued to focus on driving consumer meaningful innovations backed by distribution expansion and strong advertising thereby delivering consistent growth.

Old Spice

Old Spice after shave lotion has demonstrated double digit growth and the newly launched 0% Gas deodorants are strengthening its foothold in the category.

FINANCIAL RATIOS

2020-21 2019-20 Change Explanation for changes over 25% in the ratios, if any
Debtors turnover 23.2 17.3 34% Debtors turnover has improved due to faster collection of receivables.
Inventory turnover 15.7 14.7 7% -
Interest coverage ratio 143.4 98.8 45% Interest Coverage ratio has increased due to strong profit growth while interest expense has been largely flat.
Current ratio 1.3 2.2 -40% Current assets have reduced due to reduction in cash driven by payment of special dividend during the year.
Debt equity ratio - - - -
Operating profit margin 25% 20% 23% -
Net profit margin margins have increased due to Profit 18% 14% 26% productivity and scale savings.
Return on Networth 70% 42% 66% Return on Networth has increased due to strong profitgrowth.

BUSINESS RESPONSIBILITY REPORT

A separate report on Business Responsibility has been appended as Annexure I to this Report.

CORPORATE SOCIAL RESPONSIBILITY & CITIZENSHIP EFFORTS

Since its foundation, giving back to the communities has been an integral part of your Company's purpose and values. Our CSR strategy is supported by three pillars – P&G Shiksha, P&G Suraksha India and Timely Disaster Relief.P&G Shikshaprovides access to holistic education for underprivileged children through a 360-degree educational intervention. In response to the COVID-19 pandemic, the Company launched the ‘#PGSurakshaIndia ' program through which we have been positively impacting communities in partnership with the government and relief organization. Your

Company's disaster relief aims to provide comforts to those affected by natural disasters.

P&G Shiksha

Your Company's signature corporate social responsibility program P&G Shiksha has focused on three main areas – improving education infrastructure, empowering marginalized girls through education and improving learning outcomes. Till date, the P&G group in India has supported over 2,500 schools (+200 since last year) across the country that will impact the lives of over 23 lakh (+300,000 since last year) children. Along with our NGO partner Round Table India (RTI), we have focused on building and refurbishing school buildings, constructing classrooms, building playgrounds and improving health and hygiene facilities for children at schools. In line with the Sustainable Development

Goals (SDGs) and in partnership with NGO Save the Children, we are providing quality education to girls by enhancing the education infrastructure and the quality of education available to them.

A key area that we have focused on is ‘improving learning outcomes in children'. Within this, we have concentrated our efforts in bridging learning gaps through software-based adaptive learning solutions across government schools, on-ground remedial learning interventions and strengthening early childhood education.

 

P&G Shiksha also partnered with Educational Initiatives (EI) to implement Mindspark, a computer-based adaptive learning tool to remediate learning gaps in students across schools in Rajasthan, Himachal Pradesh, Maharashtra, Madhya Pradesh and Andhra Pradesh. The tool integrates pedagogy, teacher instruction and a learning management system to assess a student's learning level and develop a customized learning path for each one of them. During the pandemic-related lockdown, we upgraded the tool to make it available on smartphones and enabled more than 60,000 children to continue learning at home. Despite school closure, the learning levels of all students engaged in the program were sustained or improved. We also set up a helpline wherein students who didn't have access to smartphones could learn via a phone call.

Along with our NGO partner Pratham Education

Foundation, we are bridging the expected and existing learning gaps in children through on-ground remedial learning interventions. During the lockdown, we shared simple project-based activities with children focused on language, math, and science to enable them to continue learning. We leveraged WhatsApp, phone calls and SMSs to share a series of curated messages in text, audio and video formats. With the easing of the lockdown, we adapted our approach to conduct learning activities for children not just remotely but within the communities through identified and trained volunteers. During the year, we reached out to more than 30,000 children via

ENVIRONMENTAL SUSTAINABILITY AND CONSERVATION OF ENERGY

Environmental sustainability is embedded in our

 

Purpose, Values, Principles, and our business. We are committed to improving lives, now and for generations to come by ensuring that our products, packaging and operations are safe for employees, consumers and the environment. We ensure this by focusing on technologies, processes and improvements that matter for the environment.

Within our operations, we strive to grow responsibly and continuously improve our efficiency while reducing our carbon footprint. Our manufacturing plant in Goa is a ‘zero waste to means that there is no manufacturing discharge into the environment.

In the last 10 years, the Goa plant has reduced its carbon emission by 90% and has reduced its energy consumption by nearly 30%. The plant is leveraging technology, experts, employees and renewable sources of energy to reduce our overall carbon footprint, improve energy and water make our operations more sustainable.

We are committed flow to of help reduce the plastic by making changes now and bringing long-term solutions. In India, we have put in place a system to recover and recycle multi-layered plastic packaging waste. We are working with various waste management companies and the industry to collect, segregate and recycle multi-layered plastic packaging waste.

We're building partnerships with external organizations to combat some of the challenges and issues we are facing today on sustainability.

In 2019, as P&G India group, we had set up an

‘Environmental Sustainability Fund,' to collaborate with external partners offering environmentally sustainable business solutions. Through this fund, our goal is to identify and implement step-changing environmentally sustainable solutions like packaging innovations, renewable sources of energy and reducing carbon footprint.

Certain measures taken by our Plant sites for conservation of energy are given below:

Water savings initiatives: Following initiatives led to significant water savings:

Optimization of use of water resources;

Reclaim and use of circular water;

Use of rainwater vs. ground water for cooling towers; and

Use of air conditioning drains for recharging earthing pits.

Energy savings initiatives: Certain initiatives undertaken for saving energy are given below:

Use of energy efficient compressors;

Monitoring of air consumption and arresting and controlling air leakages;

Monthly energy monitoring by Energy Management System and benchmarking;

Installation of energy efficient pumps and fans for cooling towers; and

Installationsite, which of variable-frequency drives

(VFDs) for compressors and sequencing of efficien cy. VFDsforenergy Capital investment of approximately Rs.70 lakhs was incurred on energy conservation equipment such as energy efficient pumps & fans for cooling towers, energy efficient compressor and variable-frequency drives. and

TECHNOLOGY ABSORPTION AND RESEARCH & DEVELOPMENT

Your Company has the advantage of availing advanced technology and continuous upgradation thereof from The Procter & Gamble Company, USA and its subsidiaries (Procter & Gamble group). This is an unmatched competitive advantage that helps the

Company deliver strong business results. Your Company benefits from the Procter & Gamble group's research and development efforts and activities across the globe. Technology absorption and adaptation is a continuous process. The products manufactured / sold by the Company are a result of the imported technology received on an ongoing basis from the Procter & Gamble group.

Initiatives are constantly undertaken for innovation of products, new product development, improvement of packaging, enhancement of product quality and application of best information technology to automate, simplify and generate efficiencies in various business processes.

The Company, having ongoing access to cutting-edge technology, derives benefits such as product development, consistent superior product quality, process efficiencies, cost effectiveness and energy efficiency.

As the Company availsbenefitsof research and development of the Procter & Gamble group across the globe, your Company has not incurred any expenditure on research and development during the

Financial Year.

FOREIGN EXCHANGE EARNINGS & OUTGO

The details of foreign exchange earnings and outgo as required under Section 134 of the Companies Act, 2013 and Rule 8(3) of the Companies (Accounts)

Rules, 2014 are mentioned below:

For the Financial Year ended June 30, 2021 For the Financial Year ended June 30, 2020
Foreign Exchange earnings 4,598 3,753
Foreign Exchange outgo 55,029 59,385

RELATED PARTY TRANSACTIONS

Your Company has formulated a policy on related party transactions which is also available on Company's website at https://in.pg.com/india-governance-and-policies/pghh/terms-and-policies/#policies. This policy deals with the review and approval of related party transactions. All related party transactions are placed before the Audit Committee for review and approval. Prior omnibus approval is obtained for related party transactions which are of repetitive nature and entered in the ordinary course of business and at arm's length. All related party transactions are subjected to independent review by chartered accountant firm to confirm with the requirements under the Companies

Act, 2013 and the Securities and Exchange Board of India (Listing Obligations and Disclosure

Requirements) Regulations, 2015.

No material related party transactions were entered during the Financial Year by your Company. All related party transactions entered during the Financial

Year were in ordinary course of the business and on arm's length basis. Accordingly, the disclosure of related party transactions as required under Section 134(3)(h) of the Companies Act, 2013 in Form AOC-2 is not applicable to your Company.

LOANS AND GUARANTEES GIVEN AND INVESTMENTS MADE

Your Company has not given any loans, guarantees or made any investments during the Financial Year.

PUBLIC DEPOSITS

Your Company has not accepted any Public Deposits under Chapter V of the Companies Act, 2013, during the Financial Year.

PREVENTION OF SEXUAL HARASSMENT AT WORKPLACE

As per the requirement of the Sexual Harassment of Women at Workplace (Prevention, Prohibition &

Redressal) Act, 2013 and Rules made thereunder, your Company has constituted an Internal Complaints Committees. During the Financial Year, no complaints with allegation of sexual harassment were filed with the Company.

DIRECTORS' RESPONSIBILITY STATEMENT

Pursuant to the requirement under Sections 134(3) (c) of the Companies Act, 2013, with respect to the

Directors' Responsibilities Statement, it is hereby confirmed: i. that in the preparation of the Annual Accounts for the Financial Year ended June 30, 2021, the applicable accounting standards had been followed along with proper explanation relating to material departures; ii. that the Directors had selected such accounting policies and applied them consistently and made judgments and estimates that were reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the Financial Year and of the profit or loss of the

Company for the Financial Year under review; iii. that the Directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 2013, for compliance safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities; iv. that the Directors had prepared the accounts for the Financial Year ended June 30, 2021, on a

"going concern" basis; v. that the Directors had laid down internal financial controls to be followed by the Company and such internal financial and were operating effectively; and vi. that the Directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

CORPORATE GOVERNANCE

A separate report on Corporate Governance along with the Auditors' Certificate on its compliance is annexed to this Annual Report.

ANNUAL RETURN

The Annual Return for Financial Year 2020-21, as required under Section 92(3) of the Companies Act,

2013 and Rule 12 of the Companies (Management and Administration) Rules, 2014 is available on the website of the Company at https://in.pg.com/india-investors/pghh/shareholder-info/info/.

MANAGEMENT & PERSONNEL

The strength of business over the past few years and resilience in this particular year, due to COVID-19 pandemic & multiple economic headwinds in the country, demonstrates the core strength of our employees to stay innovative, reality based and influence the course of business. Financial Year

2020-21 was a year of unprecedented challenges, yet our focus on delivering superiority, fueled by productivity via an empowered organization helped us deliver business results in these tough times.

The statement of disclosure of remuneration under Section 197 of the Companies Act, 2013 and Rule 5 (1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is appended as

Annexure III to this Report.

The information as per Rule 5 (2) of the Companies

(Appointment and Remuneration of Managerial

Personnel) Rules, 2014 forms part of this Report. As per the provisions of first proviso to Section 136(1) of the Companies Act, 2013, the Report and Financial

Statements are being sent to the Members of the Company excluding the statement of particulars of employees under Rule 5 (2) of the Companies

(Appointment and Remuneration of Managerial Personnel) Rules, 2014. Any Member interested in obtaining a copy of the said statement may write to the Company Secretary at investorpghh.im@pg.com.

DIRECTORS AND KEY MANAGERIAL PERSONNEL

Mr. Rajendra A. Shah ceased to be Director of the Company, and Chairperson of the Board and

Mr. Bansidhar S. Mehta ceased to be Director of the Company on September 23, 2020, on completion of their tenure as Independent Directors. Mr. Shah and Mr. Mehta, being stalwarts in the legal and taxation profession respectively, and having deep knowledge about business in India, have been instrumental in the

Company's sustained growth through their guidance and counsel to the Company over the decades. The

P&G Management and the Board of Directors of the Company express their deepest gratitude for the valuable guidance, leadership, direction and counsel provided during their respective tenures and wish them all the very best on their retirement.

During the year, Mr. Chittranjan Dua and Mr.

Krishnamurthy Iyer were appointed as Independent Directors of the Company for a period of 5 years effective August 25, 2020 and December 1, 2020 respectively. Mr. Chittranjan Dua was appointed as the Chairman of the Board with effect from September 24, 2020.

Ms. Flavia Machado shall cease to be Company Secretary of the Company effective August 31, 2021. Mr. Ghanashyam Hegde has been appointed as Company Secretary and Compliance Officer of the Company effective September 1, 2021. He is also appointed as Executive Director of the Company for a period of five years effective September 1, 2021. The said appointment as Executive Director is subject to approval of Shareholders of the Company at ensuing 57th Annual General Meeting of the Company. Mr. Karthik Natarajan and Mr. Pramod Agarwal, Directors retire by rotation and being eligible, offer themselves for re-appointment at the ensuing 57th

Annual General Meeting of the Company. Brief profileof Directors proposed to be appointed/ re-appointed at the ensuing 57th Annual General

Meeting and the details of the Directorships held by them in other companies are provided under the

Corporate Governance section of the Report. Appropriate resolutions for the appointment/reappointment of the aforesaid Directors are being moved at the ensuing 57th Annual General Meeting, which the Board recommends for approval of the Shareholders of the Company.

The Independent Directors of your Company have given declaration to your Company stating that they meet the criteria of Independence as mentioned under the Companies Act, 2013 and the SEBI

(Listing Obligations and Disclosure Requirements)

Regulations, 2015.

The Board is of the opinion that all the Independent Directors of the Company possess integrity, have relevant expertise and experience and fulfill the conditions specifiedunder the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015. The details of the familiarization programme and Annual Board Evaluation process for Directors have been provided under the Corporate Governance section of the Annual Report.

NUMBER OF MEETINGS OF BOARD OF DIRECTORS

Four (4) meetings of the Board of Directors of the Company were held during the Financial Year. For further details on meetings of the Board of Directors and its Committees, please refer to the Corporate Governance section of the Annual Report.

POLICIES

Your Company has adopted policies on related party transactions, corporate social responsibility, vigil mechanism, nomination and remuneration, materiality of events and dividend distribution, which are available on the website of the Company at https://in.pg.com/india-governance-and-policies/ pghh/terms-and-policies/#policies.

AUDITORS

Kalyaniwalla & Mistry LLP, Chartered Accountants were appointed as Statutory Auditors of your Company at the 53rd Annual General Meeting held on November 16, 2017 foratermoffiveconsecutive years.

The Report given by the Statutory Auditors on the financial statements of the Company for the Financial

Year ended June 30, 2021 is part of the Report. There has been no qualification, reservation or adverse remark given by the Auditors in their Report.

COST AUDITORS

Ashwin Solanki & Associates, Cost Accountants carried out the cost audit for applicable business during the Financial Year 2020-21. The Board of Directors has re-appointed Ashwin Solanki & Associates. Cost Accountants as cost auditors for the Financial Year 2021-22.

SECRETARIAL AUDIT

Secretarial Audit was carried out by Dholakia

& Associates LLP, Company Secretaries for the

Financial Year 2020-21. There were no reservation or adverse remarks given by the

Secretarial Auditors of the Company. The Secretarial

Audit report has been appended as Annexure IV to this Report.

SECRETARIAL STANDARDS

During the Financial Year, your Company has complied with the mandatory Secretarial Standards issued by the Institute of Company Secretaries of India.

ACKNOWLEDGEMENT

We are grateful to The Procter & Gamble Company, USA and its subsidiaries for their invaluable support in terms of access to the latest information and knowledgeinthefieldof research & development for products, ingredients and technologies, exceptional marketing strategies, and the goodwill of its world-renowned Trademarks and superior brands. We are proud to acknowledge this unstinted association that has vastlybenefitedthe Company.

Your Directors place on record its deep appreciation for the co-operation and support of the government authorities, distributors, wholesalers, retailers, suppliers, clearing and forwarding agents, business associates, bankers, consumers, employees and shareholders and look forward to their continued support on the journey ahead.

On behalf of the Board of Directors
Chittranjan Dua
Mumbai, August 25, 2021 Chairman

   

Procter & Gamble Hygiene and Health Care Ltd Company Background

Chittranjan DuaMadhusudan Gopalan
Incorporation Year1964
Registered OfficeP & G Plaza Chakala,Cardinal Gracias Rd Andheri(E)
Mumbai,Maharashtra-400099
Telephone91-22-28266000,Managing Director
Fax91-22-28267303
Company Secretary
AuditorKalyaniwalla & Mistry LLP
Face Value10
Market Lot1
ListingBSE,MSEI ,NSE,
RegistrarLink Intime India Pvt Ltd
C-101 247 Park ,L B S Marg ,Vikhroli West ,Mumbai-400083

Procter & Gamble Hygiene and Health Care Ltd Company Management

Director NameDirector DesignationYear
A K Gupta Independent Director 2021
Sonali Dhawan Director 2021
Karthik Natarajan Director 2021
Pramod Agarwal Director 2021
Madhusudan Gopalan Managing Director 2021
Gagan Sawhney Non Executive Director 2021
MEENA GANESH Independent Director 2021
Ghanashyam Hedge Addtnl Non-Executive Director 2021
Chittranjan Dua Chairman & Independent Directo 2021
Krishnamurthy N Iyer Independent Director 2021

Procter & Gamble Hygiene and Health Care Ltd Listing Information

Listing Information
BSE_500
BSE_FMCG
BSE_200
BSEDOLLEX
NIFTYJR
CNX500
BSEMID
CNX100
CNX_MNC
CNX_FMCG
CNX200
NFT100EQWT
BSEALLCAP
LMI250
BSE100LTMC
NFTYLM250
NF500M5025

Procter & Gamble Hygiene and Health Care Ltd Finished Product

Product NameUnit Installed
Capacity
Production
Quantity
Sales
Quantity
Sales
Value
OthersNA0002045.17
Ointment & CreamsMT000567.17
Cough DropsMT000320.29
TabletsNo00065.91
Scrap SalesNA0003.45
License FeesNA0000
MentholMT0000
Other Operating RevenueNA0000
LiquidsKL0000
Peppermint Oil-DemontholisedMT0000
Cosmetics/Toilet PreparationsKL0000
Cosmetics/Toilet PreparationsMT0000
Pers.prod/Toilet Preparat.-TraNA0000
PowdersMT0000
Soaps & DetergentsMT0000
Soaps & DetergentsPcs0000

Contact us Contact us