Colgate-Palmolive -4QFY21 by Mr. Amarjeet Maurya, Angel Broking
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Below are Views On Colgate-Palmolive -4QFY21 by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
During the 4QFY21, Colgate-Palmolive (India) Ltd (CPIL) reported revenue of ~Rs1,275cr (up ~20% YoY) due to healthy growth in volume. On the EBITDA front, the company has reported EBITDA margin at 33.1%, which is up by 840bps yoy due to overall improvement in gross margin. On the bottom-line front, PAT grew by ~54% to Rs315cr. The company will continuously spend higher advertisement and cost efficiency measures to improve the EBITDA level. Recently company has launched products like Colgate Toothpaste for Diabetics, Colgate Vedshakti Spray and Oil Pulling.Overall 4Q results were in line with expectation. Hence, we are positive on stock.
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