Procter & Gamble Hygiene and Health Care Ltd

Procter & Gamble Hygiene and Health Care Ltd

P&G Hygiene and Health Care is one of India's fastest growing Fast Moving Consumer Goods Companies incorporated on 20th July 1964. Earlier known as Richardson Hindustan (RHL), in 1964 company received 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.

Later in the year 1967 RHL introduced CLEARASIL, back then America's number one pimple cream. In 1985 RHL became affiliate of The Procter & Gamble Company, USA.

In 1989 the name of the company was changed to Procter & Gamble India and launched sanitary napkin under the name Whisper bringing a sudden change in Indian feminine hygiene category.

In June 2002, Procter & Gamble Hygiene & Health Care announced the launch of New Improved Vicks VapoRub – India’s Number One Cold Rub – that provides multi-symptom relief from the six symptoms of a child’s cold, namely – blocked nose, cough, body ache, headache, muscle-stiffness and breathing difficulty.

In July 2002, Procter & Gamble announced the launch of Vicks Action500+ Night tablets, a specially designed cold medicine that gives consumers multi-symptom relief from bothersome cold symptoms like headache and breathing difficulty, hence allowing restful sleep at night.

In October 2002, India’s number one cough and cold brand – Vicks – celebrated its 50th Year in India and launched Dual Golden Jubilee Offers to reward Indian consumers for 50 Years of trust and loyalty.

Globally Procter & Gamble owns brands like Duracell, Olay, Tide, Gillette, Braun, Pringles, Lacoste, Puma, Oral-B, HUGO, Mr.Clean, Cover Girl, Pantene Pampers ,Old spice are amongst others. Currently P&G Hygiene and Health has portfolio of brands such as Vicks & Whisper.

Products

Vicks- It is India’s No.1 Cough and Cold Brand. It created the cold & cough over-the-counter (OTC) category in India way back in 1952 and has led the category till date. Under this brand it has introduced products namely Vicks Action500+, Vicks VapoRub, Vicks Cough Drops, Vicks Formula 44 Cough Syrup and Vicks Inhaler.

Whisper- Under this it has introduced products for feminine hygiene. It has introduced products such as Whisper Maxi Regular, Whisper Maxi XL Wings, Whisper Ultra with Wings and Whisper Choice.

Awards and recognition

Vicks was rated as ‘India’s Most Trusted Brand’ by the ‘Advertising & Marketing’ Magazine

P&G Hygiene and Health Care was voted India's Best Employer 2003 in a survey of 200 companies conducted by International HR Consultancy Hewitt Associates in association with Business Today magazine.

Market Cap: 32,337 Cr.
Current Price: 9,962
52 weeks High / Low 11000.00 / 8714.00
Book Value: 248.15
Stock P/E: 80.21
Dividend Yield: 0.40 %
ROCE: 89.10 %
ROE: 56.85 %
Sales Growth (3Yrs): 1.71 %
Listed on BSE and NSE
Company Website
Face Value: 10.00


Industry PBV:
EPS: 124.19
Graham: 832.71
Debt to equity: 0.00
Book value: 248.15
Price to Earning: 80.21
PEG Ratio: 6.27
Earning Power: 43.79 %
Return on equity: 56.85 %
Pledged percentage: 0.00 %
Intrinsic Value: 12,452
Industry PE:
Piotroski score: 8.00
Volume: 1,198
Market cap to quarterly profit: 224.39
Market Capitalization: 32,337 Cr.
Price to book value: 40.15
Return on assets: 52.87 %
Debt: 0.00 Cr.
Interest Coverage Ratio: 118.20
Promoter holding: 70.64 %
Unpledged promoter holding: 70.64 %
Sales last year: 2,455 Cr.

Pfizer

Pfizer

Pfizer came to India in 1950 through a company named Dumex. Its first production unit was set up at Darukhanna in Mumbai. It manufactured products like Protinex, Isonex, Becosules and Corex.In the year 1960, the company set up one more plant at Thane, near Mumbai for manufacturing and conducting product research. In 1965 Pfizer entered into a licence agreement with Pfizer Corporation for the use of Pfizer’s processes, technical know-how, etc to manufacture its existing products. Later in the year 1992, Dumex was amalgamated with Pfizer.

In India, Pfizer instituted the first ever Disease Management Programme -- Healthy Heart in Cardio Vascular Disease (Hypertension, Chronic Stable Angina and Dyslipidemia), in partnership with Apollo Hospital, Hyderabad and Apollo Hospital, Chennai 

Six Pfizer brands feature among the Top 100 pharmaceutical brands in India, while two of Pfizer India's brands -- Corex (Cough Formulation) and Becosules (Multivitamin) -- continue to rank among the Top 15 pharmaceutical drug brands

The company’s manufacturing plant was ISO 14001 certified for its Environment Management System awarded by DNV Certification B.V, Netherlands.

In 2013 Pfizer Ltd and Wyeth Ltd decided to merge, creating a single Pfizer Brand.

Products

Prescription Drugs- Pfizer manufactures prescription drugs such as Viagra, Lyrica, Viagra, Dolonex Gel, Ponstan, Citralka Liquid, and many more.

Consumer Health- It produces over the counter formulations and drugs such as Benadryl cough, Coolmint Listerine Mouthwash, Rashfree, Caladryl, Sloans Balm, etc.

Animal Health- It manufactures products for animal care namely Amoxisol, Vanguard 5/L, Stafac, Furea, Qualidrops, Catosal, Bayrocin, Nutrimilk, etc.

Awards

In March 2011 Pfizer ranked first in the medicine and health care industry in an annual ranking conducted by Antal International, a global executive search firm.

In 2010 December Pfizer France Wins Oncology Medical Affairs Best Practice Award.

In a survey conducted by Ernst & Young on customer satisfaction, Pfizer was ranked HIGH in terms of Overall Satisfaction with the Services and Interactions.

The company was acknowledged for its product Exubera with 'Innovative Products of the Year' at Pharma Excellence Awards 2006

It received the Silver Award for its printing advertising on Gelusil brand at the ABBY-All India Awards for Creative Excellence.

Market Cap: 12,189 Cr.
Current Price: 2,664
52 weeks High / Low 3840.00 / 2050.60
Book Value: 604.61
Stock P/E: 32.13
Dividend Yield: 0.75 %
ROCE: 21.48 %
ROE: 14.11 %
Sales Growth (3Yrs): 2.04 %
Listed on BSE and NSE
Company Website
Face Value: 10.00


Industry PBV:
EPS: 82.92
Graham: 1,062
Debt to equity: 0.00
Book value: 604.61
Price to Earning: 32.13
PEG Ratio: 2.71
Earning Power: 15.30 %
Return on equity: 14.11 %
Pledged percentage: 0.00 %
Intrinsic Value: 3,597
Industry PE:
Piotroski score: 6.00
Volume: 9,777
Market cap to quarterly profit: 127.24
Market Capitalization: 12,189 Cr.
Price to book value: 4.41
Return on assets: 13.87 %
Debt: 2.50 Cr.
Interest Coverage Ratio: 1,226
Promoter holding: 63.92 %
Unpledged promoter holding: 63.92 %
Sales last year: 1,969 Cr.

Glaxosmithkline Pharmaceuticals Ltd.

GlaxoSmithKline Pharmaceuticals Ltd.

Established in the year 1924 in India, GlaxoSmithKline Pharmaceuticals Ltd. (GSK Rx India) is one of the oldest pharmaceuticals company and employs over 3,500 people. Globally, the company is a £28.4 billion, leading, research-based healthcare and pharmaceutical company. In India, it is one of the market leaders with a turnover of Rs 2080 crore and a share of 5.1%. GlaxoSmithKline - one of the world's leading research-based pharmaceutical and healthcare companies - is committed to improving the quality of human life by enabling people to do more, feel better and live longer.

The company leads in several therapeutic segments - dermatology, anti-helmentics, and hormones. It has 7 products in the top 50 brands, and the top five GSK products are Augmentin, Calpol, Ceftum, Phexin, and Betnesol. The company's vaccines division is ranked first in a fast-growing vaccines market. Some leading products in India are Havrix, Varilrix, Rotarix, Hiberix and Cervarix.

GSK India's R&D centres at Thane and Nashik have been granted recognition by the Department of Scientific and Industrial Research, Government of India. The number of clinical studies conducted in India is rapidly growing across a range of therapy areas. The company's social responsibility programmes focus on development of under developed villages, women, children and aged, specifically in the areas of healthcare and education.

The GSK India product portfolio includes prescription medicines and vaccines. Our prescription medicines range across therapeutic areas such as anti-infectives, dermatology, gynaecology, diabetes, oncology, cardiovascular disease and respiratory diseases. The company is the market leader in most of the therapeutic categories in which it operates. GSK also offers a range of vaccines, for the prevention of hepatitis A, hepatitis B, invasive disease caused by H, influenzae, chickenpox, diphtheria, pertussis, tetanus, rotavirus, cervical cancer and others.

The company's best-in-class field force, backed by a nation-wide network of stockists, ensures that the Company's products are readily available across the nation. The company has two manufacturing units in India, located at Nashik and Thane as well as a clinical development centre in Bangalore. The state of art plant at Nashik makes formulations while bulk drugs and the active pharmaceutical ingredients are manufactured at Thane.

Products

Prescription medicines

The GSK India product portfolio includes prescription medicines and vaccines. The company is a market leader in most of the prescription medicines.

·      Analgesic

·      Anti-Infective

·      Anti-Inflammatory

·      Anti-Parasitic

·      Cardiovascular

·      Dermatology

·      Diabetes

·      Endocrine

·      Gastrointestinal

·      Gynaecology

·      Immunosupressants

·      Nutritional

·      Respiratory

·      CNS

·      Oncology

Vaccines

The company's vaccines division is the leader in fast growing vaccine market. It provides vaccines for prevention of hepatitis A, hepatitis B, invasive disease caused by H, influenzae, chickenpox, diphtheria, pertussis, tetanus and others. Brands like Engerix-B, Havrix, Priorix, Twinrix are some vaccines created by GSK India.

The company was awarded  for the “Multi Cultural Diversity Award” from GlaxoSmithKline Consumer Healthcare, US as an appreciation for the ‘Famili Vaccines’ Programme. The company in 2008 launched two vaccines for dphtheria, ttanus and acellular prtussis (DTP) namely Boostrix and Infanrix. DTP vaccines are part of the routine immunization in over 100 developed and developing countries.

Infanrix is used for childhood immunization against Diphtheria, Tetanus and Pertussis for newborns from the sixth week of age. Boostrix is used for children above seven years of age, adolescents and adults and will boost the waning immunity against Diphtheria, Tetanus and Pertussis.

Milestones

1919 - Trading links with India established

1924 - H J Foster & Co appointed sole agents

1926 - Foster's becomes wholly-owned subsidiary of Joseph Nathan

1947 - Secondary manufacture commences after war

1950

·      Name changed to Glaxo Laboratories

·      SmithKline & French appoints its first medical representative

1956 - Primary production of vaccines begins at Worli

1960's

·      Infant foods manufactured at milk drying plant at Aligarh

·      Manufacturing facility for pharmaceuticals opened in Mumbai

1961 - Vitamin A and betamethasone manufactured at new plant at Thane using imported raw materials

1968 - Registered as a limited company. Animal health products introduced

1969 - Indian shareholders acquire 25 per cent of the company's equity

1971

·      Research and development laboratory built at Thane

·      Relocation of the SmithKline and French plant from Mumbai to Bangalore

1983 - Glaxo Group equity reduced from 75 per cent to 40 per cent Nashik factory commissioned

1984 - SmithKline & Beecham becomes a public limited company under the new name of Eskayef Limited. Plant set up in Mysore for manufacture of bulk drugs

1985 - The company's second basic drugs factory was inaugurated at Ankleshwar, Gujarat

1986 - Joint venture projects Vegepro Foods and Feeds Limited and K G Gluco Biols were launched with equity participation of around 24 per cent by Glaxo India

1987 - The company's name changed to Glindia Limited

1988

·      Production of bulk drug Ranitidine commenced at Ankleshwar

·      Hindustan Foods Limited, a joint venture project for the manufacture of extruded foods, was commissioned at Usgao, Goa with equity participation of 20 per cent by Glaxo and its subsidiaries

1989

·      Production of Zinetac at Nashik commenced

·      The company's name changed to Glaxo India Limited

1990

·      Production of the bulk drug, cephalexin, commenced at Ankleshwar and the salbutamol inhalers at Nashik

·      Glaxo rated amongst the first five of India's most respected companies (4th place), in a survey by Businessworld magazine

1991

·      An agreement was signed with the Council of Scientific and Industrial Research

·      Production of the bulk drug Griseofulvin commenced at Ankleshwar

·      Facilities commissioned at Nashik for the sterile dry filling of the injectable cephalosporins cefuroxime sodium and ceftazidime pentahydrate

1992

·      Liquid injectables block commissioned at Nashik

·      The company's trade investment in Vegepro and Feeds Limited was sold

1993

·      Glaxo Group raised its equity from 40 per cent to 51 per cent

·      The company sold its investment in Hindustan Foods Limited and Dempo Dairy Industries Limited

·      Cetzine, a second generation anti-histamine, and research product of UCB Pharma (Belgium), was launched under a co-marketing agreement

·      The company launched two anti-TB products - Zucox and Rizap

·      Manufacture of Beclomethasone inhalers commenced at Nashik

·      Thane Factory's new fermentation plan was inaugurated, making this site the largest Betamethasone producer in Glaxo Group

·      The company received recognition from the Ministry of Commerce as an export house

1994

·      Glaxo - Ankleshwar wins the Chief Executive's Trophy for Health Safety and Environment Management

·      Glaxo rated as India's 44th most valuable company in a survey conducted by Business Today

·      The company sold its Family Products Division to H J Heinz for a sum of Rs 210 crores. A formal agreement between the companies was signed and transaction was completed in October

1995

·      Glaxo - Thane won the Chief Executive's Trophy for Health Safety and Environmental Management

·      The company declares a Bonus in the ratio of 1:1

·      Voluntary Retirement Scheme introduced for Management Staff 1996 - 175 per cent record dividend declared

·      Change in distribution system - a Voluntary Retirement Scheme introduced at Branches and Depots

·      Government approved state-of-the-art Pharmacy Research & Development Centre (PR&D) inaugurated at Thane to cater to the unmet medical needs and to exploit local commercial opportunities

·      Glaxo rated amongst the top ten of India's most respected companies (8th place) in the Business World - Marg survey

·      Glaxo wins 'Marketing Company of the Year' award from the Institute of Marketing & Management (IMM)

·      Glaxo wins 'The Analyst' award from Chartered Analyst magazine as an investor rewarding company.

·      SmithKline Beechams Bangalore plant awarded the ISO 9002 certification

1997

·      Voluntary Retirement Scheme introduced for workmen at Worli and Thane

·      Glaxo acquires Biddle Sawyer Group of Companies subject to statutory approvals

1998

·      Biddle Sawyer acquisition is completed

·      Worli factory completes two million man-hours free from lost time accident

·      Gramin Arogya Vikas Sanstha - a rural development programme initiated in Nashik

·      Glaxo ranks 21st in Business Today's list of 500 most valuable companies

1999

·      Glaxo India completes 75 years of its operations in India

·      Glaxo India ranked as India's Most Respected Company by BusinessWorld. Glaxo took the top honour from amongst 229 companies surveyed by BusinessWorld - Indica Research

·      Glaxo India wins two Chairman's Awards for the year 1998 (announced in 1999) - The company's Community Support Programme won the Chairman's Award for 'Excellence in Corporate Citizenship' and Glaxo India's Nashik Factory was chosen for the Health, Safety and Environmental Management Award

·      Nashik factory completes three million man-hours free from lost time accidents

·      Winner of the 1999 IMM (Institute of Marketing and Management) Award for Excellence as Marketing Company (organised sector)

·      The company's HIV / AIDS campaign in Press wins the first prize for the best 'Social Responsibility Communication', awarded by the Association of Business Communicators of India (ABCI)

·      The Positive People Campaign entitled 'Real Friendships Don't Die with HIV' also wins the Global Award from the New York Festivals

2000

·      Agrivet Farm Care (AFC) tied up with Merial, the world's largest Animal Health Company, to market poultry vaccines

·      Glaxo India ranked 6th in 'Business Today' - Stern Stewart & Co. listing of India's best Wealth Creator Companies

·      Launches Seretide for Asthma

2001

·      Merger of SmithKline Beecham Pharmaceuticals (India) Limited into Glaxo India Limited. The name of the company changed to GlaxoSmithKline Pharmaceuticals Limited in India

2002

·      J P Garnier inaugurates GSK House

·      VRS at the Ankleshwar site and sale of Ankleshwar property to Glenmark Pharmaceuticals Limited

2003

·      GlaxoSmithKline named as India's most respected Pharmaceutical Company in a survey conducted by BusinessWorld and the Indian Market Research Bureau (IMRB)

·      Launches Cetzine (cetirizine; anti-histamine), Zimig (terbinafine; anti-infective), CCM (calcium citrate maleate; nutritional), Cobadex CZS (multivitamin with trace elements)

2004

·      Augmentin becomes the No. 1 pharmaceutical brand, as rated by IMS

·      Launches Priorix (measles, mumps, rubella vaccine)

·      Receives prestigious Multi Cultural Diversity Award from GlaxoSmithKline Consumer Healthcare Limited, U.S. for the Famili Vaccines programme, selected from 83 entries received from markets world-wide

2005

·      Foundation stone laid for GSK vaccines plant at Nashik

·      Launch of oral contraceptives: Elogen (desogestrel and ethinylestradiol) and Zerogen (progesterone only pill)

·      Enters the diabetes therapeutic segment with the launch of Windia (rosiglitazone) and Windamet (rosiglitazone and metformin)

2006

·      Augmentin grows to a Rs. 100 crore brand

·      In-licensing alliance with Eisai Pharmaceuticals, Japan and launch of Parit (rabeprazole; gastrointestinal therapy area)

·      GlaxoSmithKline divests its Agrivet Farm Care (AFC) Business

2007

·      Launches Carzec (carvedilol) and Zemetril (cefprozil)

·      GlaxoSmithKline divests its Qualigens Fine Chemicals (QFC) Business

·      Launches Arixtra (fondaparinux sodium), an antithrombotic drug used in treating Deep Vein Thromb sis (DVT) and Acute Coronary Syndrome (ACS)

2008

·      Launches Boostrix (Tetanus Toxoid, Reduced Diphtheria Toxoid and Acellular Pertussis Vaccine, Adsorbed), Infanrix (Diphtheria and Tetanus Toxoids and Acellular Pertussis Vaccine, Adsorbed) and Rotarix (Human Rotavirus Vaccine, Live Attenuated) vaccines

·      Launches Tykerb, a drug in combination with capecitabine, is indicated for the treatment of patients with advanced or metastatic breast cancer whose tumours overexpress HER2+/neu (ErbB2+) and who have failed on prior therapy including trastuzumab

·  Launches Benitec (Olmersartan) and Benitec-H (Olmesartan + Hydrochlorothiazide) an anti-hypertensive drug in-licensed from Daiichi Sankyo Company Limited, Japan

2009

• Launches Cervarix [Human Papillomavirus (Types 16 and 18)] vaccine
• Launches Dermocalm for treatment of Dry Itchy skin
• Commences Albendazole production in Nashik to treat Lymphatic Filariasis

2010

• Launches Mycamine an injectible antifungal drug in-licensed from Astellas, Japan
• Andrew Witty dedicates the Albendazole facility at Nashik to WHO to eliminate Lymphatic FilariasisCertificate of Merit awarded to Ankleshwar Factory for 'Excellence in Energy Conservation' by the Federation of Gujarat Mills and Industries (FGMI)
• Voluntary Retirement Scheme introduced for Glaxo workmen
• Eskayef Limited renamed SmithKline Beecham Pharmaceuticals India Ltd,
• The Mysore plant receives ISO 9002 certification
• The new Iodex plant inaugurated in Bangalore

2011

• Most Respected Company Award - Business World
• Launches Votrientâ„¢ indicated for the treatment of advanced renal cell carcinoma (RCC)
• Launches Revoladeâ„¢ indicated for the treatment of thrombocytopenia (reduced platelet count) in adults with the blood disorder chronic immune (idiopathic) thrombocytopenic purpura (ITP)
• Vaccine Market Company of the Year award - Frost & Sullivan
• Special Commendation - Good Corporate Citizen Award 2011 - Bombay Chamber of Commerce
• Pharma / Life - Science Supply Chain Excellence Award presented at the 5thExpress, Logistics and Supply Chain Conclave
  Unveils Synflorix - a vaccine against invasive pneumococcal disease

2012

• Launches Altargoâ„¢ used to treat bacterial infections affecting small areas of skin
• Introduces Volibris (Ambrisentan), a non-sulphonamide class endothelin receptor antagonist (ERA) used to treat pulmonary arterial hypertension (PAH) indicated for WHO Functional Class II & III patients in India. Volibris® is a trademark of GlaxoSmithKline. Ambrisentan has been licensed to GlaxoSmithKline by Gilead Sciences Inc.
• GSK India named as India's most admired company in Pharmaceutical space by HAY Group and Fortune Magazine.
• Awarded the Paediatrician's Award for the Best Vaccine Company of the Year by Frost & Sullivan.
• Received the Dr. H. R. Nanji Memorial Marketing Excellence Award for CCM in the 'Existing Pharmaceuticals Product' category from OPPI (Organisation of Pharmaceutical Producers of India)

2013

• Fourth CII National HR Excellence Award 2013 for 'Significant achievement in HR Excellence'
• GSK India named as one of 'India's Most Admired Companies' by Fortune India & HAY Group
• Business Today survey in partnership with PeopleStrong HR Services named GSK India as one of the 'Best Companies to work for'

Market Cap: 24,017 Cr.
Current Price: 1,418
52 weeks High / Low 1812.00 / 1020.00
Book Value: 112.86
Stock P/E: 60.42
Dividend Yield: 1.23 %
ROCE: 25.61 %
ROE: 16.67 %
Sales Growth (3Yrs): -4.41 %
Listed on BSE and NSE
Company Website
Face Value: 10.00


Industry PBV:
EPS: 22.70
Graham: 240.09
Debt to equity: 0.00
Book value: 112.86
Price to Earning: 60.42
PEG Ratio: -4.77
Earning Power: 15.56 %
Return on equity: 16.67 %
Pledged percentage: 0.00 %
Intrinsic Value: -1,733.38
Industry PE:
Piotroski score: 7.00
Volume: 6,566
Market cap to quarterly profit: 221.62
Market Capitalization: 24,017 Cr.
Price to book value: 12.56
Return on assets: 14.65 %
Debt: 0.99 Cr.
Interest Coverage Ratio: 1,015
Promoter holding: 75.00 %
Unpledged promoter holding: 75.00 %