Quote on Colgate-Palmolive -2QFY22 - Result Update By Mr. Amarjeet Maurya, Angel One Ltd
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Below is quote on Colgate-Palmolive -2QFY22 - Result Update by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel One Ltd
During the 2QFY22, Colgate-Palmolive (India) Ltd (CPIL) reported revenue of ~Rs1,352cr (up ~5% YoY). Our overall growth momentum across our brands has shown a consistent trajectory with good recovery on volume growth trends quarter on quarter. On the EBITDA front, the company has reported an EBITDA margin at 30.1%, which is down by 231bps yoy due to overall increase in cost. On the bottom-line front, PAT de-grew by 2% to Rs269cr. CPIL’s recent innovations like Colgate Toothpaste for Diabetics, Vedshakti Mouthspray and the entire Gentle range of toothbrushes continue to gain traction with consumers across platforms. Overall 2Q results were slightly below our expectation.
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