Gillette India Limited (GIL) has announced a significant change in its senior management, appointing Kapil Sharma as the new Category Head - Grooming, effective August 1, 2025. This move comes as part of a broader leadership reshuffle within the Procter & Gamble (P&G) group.

Leadership Transition

Kapil Sharma will be taking over from Abhishek Desai, who has been promoted to a regional leadership role for Asia, Middle East, and Africa, based in Dubai. According to the company's official communication to the stock exchanges, Desai will step down from P&G India's leadership team on August 31, 2025, and relocate on September 1, 2025.

Kapil Sharma's Profile

Sharma brings a wealth of experience to his new role at Gillette India. He currently leads Global Digital Commerce and Superior Retail Execution for P&G in Cincinnati, USA. His career at P&G spans over two decades, having joined the company in 2001. Sharma's expertise includes:

• Digital transformation
• Omnichannel strategy
• P&L management
• Brand strategy
• Go-to-market execution
• Global sales across multiple regions including the United States, Asia Pacific, India, and MEA

Academically, Sharma holds an MBA from the S.P. Jain Institute of Management & Research, Mumbai, and a degree in Electrical Engineering from the Institute of Engineering & Technology, Lucknow.

Implications for Gillette India

This appointment comes at a time when digital commerce and retail execution are increasingly critical for consumer goods companies. Sharma's extensive experience in these areas, coupled with his global perspective, is likely to bring fresh insights to Gillette India's grooming category.

The seamless transition in leadership, with Desai moving to a larger regional role, also highlights the company's strong succession planning and talent development processes.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirement) Regulations, 2015, Gillette India Limited has duly informed the BSE Limited and the National Stock Exchange of India Limited about this change in senior management personnel.

As Gillette India Limited continues to navigate the dynamic personal care market in India, all eyes will be on how Kapil Sharma's leadership will shape the company's grooming category strategy in the coming years.

Gillette India has reported robust financial results for the third quarter, showcasing strong growth and exceeding market expectations. The company's performance has prompted Nirmal Bang to maintain its positive outlook on the stock.

Revenue Growth Outpaces Estimates

Gillette India announced a significant year-over-year revenue growth of 12.7% for the quarter, with total revenue reaching Rs 7.70 billion. This performance surpassed analyst estimates, indicating the company's strong market position and effective growth strategies.

EBITDA Sees Substantial Increase

The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) demonstrated even more impressive growth. EBITDA for the quarter jumped by 40% compared to the same period last year, reaching Rs 2.30 billion. This substantial increase in EBITDA suggests improved operational efficiency and profitability for Gillette India.

Analyst Outlook Remains Positive

In light of these strong results, Nirmal Bang, a prominent financial services firm, has reiterated its 'Buy' rating on Gillette India's stock. The brokerage firm has also raised its target price for the company's shares, citing a healthy outlook for the business.

Looking Ahead

The impressive quarterly results and the positive analyst sentiment suggest a promising future for Gillette India. The company's ability to exceed revenue estimates and significantly boost its EBITDA indicates effective management and strong market demand for its products.

Investors and market watchers will likely keep a close eye on Gillette India's performance in the coming quarters to see if this growth trajectory continues. The raised target price from Nirmal Bang could potentially influence investor sentiment and the stock's performance in the near term.