*Gillette India Ltd.* | *CMP* Rs. 9630 | *M Cap* Rs. 31380 Cr | *52 W H/L* 10699/6191 (Nirmal Bang Retail Research) *Result ahead of Expectation* Revenue from Operations came at Rs. 767.5 Cr (11.9% QoQ, 12.7% YoY) vs expectation of Rs. 746.5 Cr, QoQ Rs. 685.6 Cr, YoY Rs. 680.7 Cr EBIDTA came at Rs. 225.8 Cr (23.6% QoQ, 40.8% YoY) vs expectation of Rs. 187.2 Cr, QoQ Rs. 182.7 Cr, YoY Rs. 160.3 Cr EBITDA Margin came at 29.4% vs expectation of 25.1%, QoQ 26.7%, YoY 23.6% Adj. PAT came at Rs. 51.1 Cr vs expectation of Rs. 129.4 Cr, QoQ Rs. 126 Cr, YoY Rs. 99.1 Cr Quarter EPS is Rs. 15.7 Stock is trading at P/E of 57.8x FY26E EPS