Financial Statement Analysis of Godrej Consumer Products Ltd

GCPL was incorporated as a public limited company in November 2000 by its promoters, Godrej Boyce Manufacturing Company. The company was formed by the transfer of the assets and liabilities of the consumer product division of Godrej Soaps Limited along with 2 factories (at Malanpur and Silvassa, India) and the marketing, selling, and distribution related facilities. During the FY 2001–02, GCPL set up a new manufacturing facility at Guwahati (North East India) to manufacture hair color and toiletries. During the FY 2002–03, GCPL launched Godrej No. 1, an Ayurvedic soap, and Godrej FairGlow Saffron in the southern states of Karnataka and Andhra Pradesh. The company also entered into the unbranded mehendi (henna) powder market with the launch of a 100 per cent natural mehendi branded 'Godrej Nupur'..