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Buy Godrej Consumer Products Ltd For Target Rs.1,165 - JM Financial Institutional Securities Tracking well on numbers and even better on quality GCPL’s 1QFY24 report was healthier on quality overall. To quote CEO Sudhir Sitapati, EBITDA margin of the business is now slightly higher than four-year ago level even though gross margin is relatively lower and ad-spends in the business are higher. GCPL’s domestic A&P of 12.5% of sales is now higher vs any of its HPC peers including HUL – this speaks of the seriousness of its category development intent. Domestic or...
Buy Godrej Consumer Products Ltd For Target Rs.1,165 - JM Financial Institutional Securities
Buy Godrej Consumer Products Ltd For Target Rs.1,165 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities
18/08/2023 2:42:07 PM
Tech Stars : Berger Paints India Ltd And Godrej Consumer Products Ltd By Religare Broking Berger Paints India Ltd  TECHNICAL RATIONALE Berger Paints has been gradually inching higher after the trend reversal in May 2023. It has formed a higher base in the recent weeks with noticeable volumes which indicates accumulation. We expect the resumption of the up move soon. Traders should utilize this pause to create longs in the mentioned zone. Buy Berger Paints India Ltd  CMP: 695.50, Initiation Range 695-698, Stop Loss 678, Target 745 ...
Tech Stars : Berger Paints India Ltd And Godrej Consumer Products Ltd By Religare Broking
Tech Stars : Berger Paints India Ltd And Godrej Consumer Products Ltd By Religare Broking
Source: Religare Broking Ltd
16/08/2023 4:59:23 PM
Buy Godrej Consumer Products Ltd For Target Rs. R1,200 - Motilal Oswal Financial Services * GCPL’s consolidated revenue and operating profit were in line with estimates, whereas adj. PAT missed our estimate by 14.7%, affected by the currency depreciation in Nigeria. Reported PAT declined 7.6% YoY due to a stamp duty payment on the acquisition of the Raymond business. * GP margin expanded by 710bp YoY/80 bp QoQ to 53.7%. Notably, EBITDA margin improved 280bp YoY despite a 59% rise in consolidated ad-spends. * The RCCL business incurred an operating loss due to reducing ...
Buy Godrej Consumer Products Ltd For Target Rs. R1,200 - Motilal Oswal Financial Services
Buy Godrej Consumer Products Ltd For Target Rs. R1,200 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
12/08/2023 12:20:45 PM
India`s Raymond Q1 profit jumps on one-off gain from consumer business sale Indian textiles maker Raymond reported on Friday a multifold jump in first-quarter profit, helped by an exceptional gain from the sale of its consumer business. Raymond's consolidated profit was 10.65 billion rupees ($128.7 million) for the three months ended June 30, compared with 809 million rupees a year earlier. In April, Raymond agreed to sell its consumer business Raymond Consumer Care including brands such as Park Avenue deodorant and Kamasutra condoms to Godrej Consumer Prod...
India`s Raymond Q1 profit jumps on one-off gain from consumer business sale
India`s Raymond Q1 profit jumps on one-off gain from consumer business sale
Source: Reuters
11/08/2023 2:50:03 PM
Buy Godrej Consumer Products Ltd For Target Rs. R1,200 - Motilal Oswal Financial Services * GCPL’s consolidated revenue and operating profit were in line with estimates, whereas adj. PAT missed our estimate by 14.7%, affected by the currency depreciation in Nigeria. Reported PAT declined 7.6% YoY due to a stamp duty payment on the acquisition of the Raymond business. * GP margin expanded by 710bp YoY/80 bp QoQ to 53.7%. Notably, EBITDA margin improved 280bp YoY despite a 59% rise in consolidated ad-spends. * The RCCL business incurred an operating loss due to reducing ...
Buy Godrej Consumer Products Ltd For Target Rs. R1,200 - Motilal Oswal Financial Services
Buy Godrej Consumer Products Ltd For Target Rs. R1,200 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
11/08/2023 1:53:57 PM
Godrej Consumer Products to invest Rs 515 cr for new plant in Tamil Nadu Fast moving consumer goods company Godrej Consumer Products Ltd said it will set up a factory at an investment of Rs 515 crore in Tamil Nadu over the next five years. A Memorandum of Understanding (MoU) was signed between the company and the state government in this connection. The plant that will be set up in Thiruporur Taluk in Chengalpattu district will make products like soap, hair colours, mosquito repellants. Commenting on the investment, Nisaba Godrej, Executive Chairperson, G...
Godrej Consumer Products to invest Rs 515 cr for new plant in Tamil Nadu
Godrej Consumer Products to invest Rs 515 cr for new plant in Tamil Nadu
Source: IANS
10/08/2023 4:59:41 PM
Godrej Consumer Products rises on inking MoU with State Government of Tamil Nadu Godrej Consumer Products is currently trading at Rs. 1024.70, up by 5.80 points or 0.57% from its previous closing of Rs. 1018.90 on the BSE. The scrip opened at Rs. 1018.90 and has touched a high and low of Rs. 1032.00 and Rs. 1018.90 respectively. So far 15163 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1101.55 on 06-Jul-2023 and a 52 week low of Rs. 793.70 on 10-Nov-2022. Last one week high and low of the...
Godrej Consumer Products rises on inking MoU with State Government of Tamil Nadu
Godrej Consumer Products rises on inking MoU with State Government of Tamil Nadu
Source: Accord Fintech
10/08/2023 3:03:34 PM
Buy Godrej Consumer Products Ltd For Target Rs. 1,191- Religare Broking Revenue growth continues to be strong: Godrej Consumer for the yet another quarter reported strong growth. Its revenue came in at Rs 3,449cr, up by 10.4% YoY and underlying volume growth of 10% YoY while sequentially growth was at 7.8%. Overall it was a volume led growth and all its geographies as well as business segments contributed to the growth. Healthy margins improvement: Gross profit was at Rs 1,853cr, up by 27.3% YoY and 9.5% QoQ and margins improved by 715bps YoY and 84bps QoQ to ...
Buy Godrej Consumer Products Ltd For Target Rs. 1,191- Religare Broking
Buy Godrej Consumer Products Ltd For Target Rs. 1,191- Religare Broking
Source: Religare Broking Ltd
8/08/2023 3:12:14 PM
India's Godrej Consumer Products misses Q1 profit view as costs bite India's Godrej Consumer Products reported a lower-than-expected quarterly profit on Monday, hurt by mounting costs. Consolidated net profit fell nearly 8% to 3.19 billion rupees ($38.57 million) for the first quarter ended June 30, the owner of the Cinthol soap brand said in an exchange filing. Analysts, on average, had expected the company to report a profit of 4.77 billion rupees, according to Refinitiv data. Total sales for the company, which is known for its soap, hair and de...
India's Godrej Consumer Products misses Q1 profit view as costs bite
India's Godrej Consumer Products misses Q1 profit view as costs bite
Source: Reuters
7/08/2023 7:10:42 PM
India`s Marico expects June quarter revenue drop on sluggish rural demand  India's Marico said on Wednesday its consolidated revenue for the June quarter fell in the low-single digits percentage range, dragged by sluggish sales in rural markets and a move to cut prices of its Saffola edible oil. "Signs of improvement on a sequential basis were not clearly visible ... the anticipated pickup in rural demand remained elusive," Marico said in a statement. Marico saw sales rise 1.3% in the same quarter last year. The quarterly drop for the three...
India`s Marico expects June quarter revenue drop on sluggish rural demand
India`s Marico expects June quarter revenue drop on sluggish rural demand
Source: Reuters
5/07/2023 5:38:24 PM
Buy Godrej Consumer Products Ltd For Target Rs. 1178 - Religare Broking Healthy revenue performance on YoY basis: Godrej Consumer Products (GCPL) posted its Q4FY23 revenue growth of 9.8% YoY with an underlying volume growth of 6% while sequentially revenue de- was subdued and de-grew by 11%. The growth was largely driven by strong growth in India business and improving growth across international markets. In addition, robust traction and double digit growth in the home and personal care segment too helped growth. Gross margin saw decent improvement while EBITD...
Buy Godrej Consumer Products Ltd For Target Rs. 1178 - Religare Broking
Buy Godrej Consumer Products Ltd For Target Rs. 1178 - Religare Broking
Source: Religare Broking Ltd
17/05/2023 3:08:30 PM
Godrej Consumer Products jumps on reporting 24% rise in Q4 consolidated net profit Godrej Consumer Products is currently trading at Rs. 980.50, up by 17.90 points or 1.86% from its previous closing of Rs. 962.60 on the BSE. The scrip opened at Rs. 990.00 and has touched a high and low of Rs. 990.00 and Rs. 972.80 respectively. So far 50898 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 994.45 on 24-Apr-2023 and a 52 week low of Rs. 708.60 on 17-Jun-2022. Last one week high and low of the scri...
Godrej Consumer Products jumps on reporting 24% rise in Q4 consolidated net profit
Godrej Consumer Products jumps on reporting 24% rise in Q4 consolidated net profit
Source: Accord Fintech
11/05/2023 12:12:45 PM
Godrej Consumer Products rises on acquiring FMCG business of Raymond Consumer Care Godrej Consumer Products is currently trading at Rs. 951.10, up by 7.15 points or 0.76% from its previous closing of Rs. 943.95 on the BSE. The scrip opened at Rs. 944.00 and has touched a high and low of Rs. 955.00 and Rs. 941.90 respectively. So far 26836 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 994.45 on 24-Apr-2023 and a 52 week low of Rs. 708.60 on 17-Jun-2022. Last one week high and low of the scrip...
Godrej Consumer Products rises on acquiring FMCG business of Raymond Consumer Care
Godrej Consumer Products rises on acquiring FMCG business of Raymond Consumer Care
Source: Accord Fintech
9/05/2023 2:34:49 PM
Buy Godrej Consumer Products Ltd For Target Rs.1,050 - Motilal Oswal Financial GCPL acquires the FMCG business of Raymond Consumer Care Ltd About the deal: * Brief about the company: Established in 1969, RCCL specializes in the production and distribution of personal care and hygiene products. The company, based in Thane, Maharashtra, India, is primarily engaged in the manufacturing and marketing of personal care and grooming products, including deodorants, perfumes, and shaving products, under various brand names such as Park Avenue, KamaSutra. RCCL holds a dominant...
Buy Godrej Consumer Products Ltd For Target Rs.1,050 - Motilal Oswal Financial
Buy Godrej Consumer Products Ltd For Target Rs.1,050 - Motilal Oswal Financial
Source: Motilal Oswal Financial Services Ltd
2/05/2023 10:38:03 AM
Godrej Consumer to buy KamaSutra, Park Avenue brands from Raymond for Rs 2,825 crore Godrej Consumer Products Ltd will be buying the fast moving consumer goods (FMCG) business of Raymond Consumer Care Ltd for Rs 2,825 crore. The brands that Godrej Consumer would be acquiring from Raymond Consumer are: Park Avenue (for the FMCG category), KS, KamaSutra and Premium, through a slump sale. According to Godrej Consumer, for FY23, Raymond Consumer had reported a revenue of Rs 622 crore. "This acquisition allows us to complement our business portfolio and growth strate...
Godrej Consumer to buy KamaSutra, Park Avenue brands from Raymond for Rs 2,825 crore
Godrej Consumer to buy KamaSutra, Park Avenue brands from Raymond for Rs 2,825 crore
Source: IANS
28/04/2023 9:14:03 AM
India's Godrej to buy Raymond`s consumer business for $345 million India's Godrej Consumer Products Ltd said on Thursday it is acquiring the consumer goods business of Raymond Consumer Care Ltd for $345 million, bolstering its portfolio of brands in the country's fast-growing retail market. Raymond Ltd will sell its popular brands such as the Park Avenue deodorant and Kamasutra condoms to Godrej as part of the deal, which will turn it debt-free and reduce the number of business lines, its chairman Gautam Singhania said in a press conference. Th...
India's Godrej to buy Raymond`s consumer business for $345 million
India's Godrej to buy Raymond`s consumer business for $345 million
Source: Reuters
27/04/2023 6:00:36 PM
GCPL to invest Rs 100 cr in early-stage consumer startups in India Godrej Consumer Products Limited (GCPL) on Saturday said they will invest Rs 100 crore in Early Spring, a new Rs 300 crore early-stage consumer fund being set up by Spring Marketing Capital (Spring). GCPL said it will anchor the fund in addition to offering its expertise and experience to help founders build strong, sustainable companies. Spring's first fund of Rs 150 crore continues to invest in companies at Series A and beyond. The Early Spring Fund will invest Rs 5-Rs 20 crore in...
GCPL to invest Rs 100 cr in early-stage consumer startups in India
GCPL to invest Rs 100 cr in early-stage consumer startups in India
Source: IANS
7/04/2023 5:02:38 PM
India`s Godrej Consumer Products sees Q4 growth on personal, home care demand India's Godrej Consumer Products on Wednesday forecast double-digit sales growth on a consolidated basis in the fourth-quarter, led by demand for its home and personal care products in India.
India`s Godrej Consumer Products sees Q4 growth on personal, home care demand
India`s Godrej Consumer Products sees Q4 growth on personal, home care demand
Source: Reuters
5/04/2023 12:48:42 PM
Buy Godrej Consumer Ltd For Target Rs 1,080 - Motilal Oswal Financial Services Lower RM cost, GAUM turnaround to boost growth Godrej Consumer (GCPL) is one of our top pick from our Staples Coverage Universe over a one-year horizon. We present here our investment rationale: * Increasing traction in the domestic business should improve margins and return ratios. * The focus on profitability improvement in the African region (GCPL’s second largest sales contributor) and continued discipline in capital allocation will reduce the historical drag on the oversea...
Buy Godrej Consumer Ltd For Target Rs 1,080 - Motilal Oswal Financial Services
Buy Godrej Consumer Ltd For Target Rs 1,080 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
10/03/2023 10:35:47 AM
Buy Godrej Consumer Products Ltd For Target Rs. 1,080 - Motilal Oswal Financial Services Lower RM cost, GAUM turnaround to boost growth Godrej Consumer (GCPL) is one of our top pick from our Staples Coverage Universe over a one-year horizon. We present here our investment rationale: * Increasing traction in the domestic business should improve margins and return ratios. * The focus on profitability improvement in the African region (GCPL’s second largest sales contributor) and continued discipline in capital allocation will reduce the historical drag on the oversea...
Buy Godrej Consumer Products Ltd For Target Rs. 1,080 - Motilal Oswal Financial Services
Buy Godrej Consumer Products Ltd For Target Rs. 1,080 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
4/03/2023 11:19:01 AM
Indian consumer goods makers bet on rural recovery to lift profits  A nascent revival in rural demand is likely to prop profits at Indian consumer goods companies in the March quarter, as improving income and credit disbursal allow buyers to spend more on branded oils, tea, snacks and soaps. Cinthol soap-maker Godrej Consumer Products Ltd and Parachute oil manufacturer Marico Ltd are set to improve their earnings the most in two years when they report results for the fiscal fourth quarter, according to Refinitiv data. Graphic: Rural recovery to he...
Indian consumer goods makers bet on rural recovery to lift profits
Indian consumer goods makers bet on rural recovery to lift profits
Source: Reuters
16/02/2023 5:37:13 PM
India`s Godrej Consumer Products sales to jump on personal, home care demand CHENNAI - India's Godrej Consumer Products on Thursday forecast sales on a constant currency basis to increase in the mid-teens percentage range for the third quarter, benefiting from demand for its home and personal care products in India.
India`s Godrej Consumer Products sales to jump on personal, home care demand
India`s Godrej Consumer Products sales to jump on personal, home care demand
Source: Reuters
5/01/2023 11:12:41 AM
Tech Stars : Buy Mahindra and Mahindra Financial Services Limited and Godrej Consumer Products Limited By Religare Broking Mahindra and Mahindra Financial Services Limited Buy Mahindra and Mahindra Financial Services Limited @ 227-229 CMP 229.40 Stop Loss 218 Target 244   TECHNICAL RATIONALE – M&M Finance is among the top performing names in NBFC space. It has retraced marginally of late and retested the support zone of neckline (breakout) area of the triangle pattern. We expect marginal consolidation in near future, followed by resumption of the uptr...
Tech Stars : Buy Mahindra and Mahindra Financial Services Limited and Godrej Consumer Products Limited By Religare Broking
Tech Stars : Buy Mahindra and Mahindra Financial Services Limited and Godrej Consumer Products Limited By Religare Broking
Source: Religare Broking Ltd
27/12/2022 11:48:44 AM
Weekly Tech Picks: Larsen & Toubro Ltd,Godrej Consumer Products Ltd,Tube Investments of India Ltd,JK Lakshmi Cement Ltd By Axis Securities Larsen & Toubro Ltd. • L&T on the weekly time frame has decisively broken out above the “cup and handle” pattern as well as “multiple resistance zone” which was placed between 2100-2080 levels. • The breakout is accompanied with an increase in volume confirming participation at breakout level • The weekly “Bollinger band” generated a buy signal as stock closed above the upper Bollinger Band. • The weekly strength indi...
Weekly Tech Picks: Larsen & Toubro Ltd,Godrej Consumer Products Ltd,Tube Investments of India Ltd,JK Lakshmi Cement Ltd By Axis Securities
Weekly Tech Picks: Larsen & Toubro Ltd,Godrej Consumer Products Ltd,Tube Investments of India Ltd,JK Lakshmi Cement Ltd By Axis Securities
Source: Axis Securities Ltd
12/12/2022 1:01:52 PM
Add Godrej Consumer Products Ltd For Target Rs. 950 - ICICI Securities The wait (of turnaround) is getting longer We reiterate Godrej is staring at a long gestation turnaround. Measures of reducing complexity and category development are steps in the right direction, however, take time in yielding results (some part of consensus was expecting a quick turnaround). Higher investments and margin normalisation (over-earning in parts) is adding to the pain. It delivered a price-led growth in 2QFY23 (+7% YoY) with 5% decline in India volumes. Household Insectici...
Add Godrej Consumer Products Ltd For Target Rs. 950 - ICICI Securities
Add Godrej Consumer Products Ltd For Target Rs. 950 - ICICI Securities
Source: ICICI Securities Ltd
22/11/2022 12:52:47 PM
Buy Godrej Consumer Products Ltd For Target Rs.1,005 - Motilal Oswal Financial Result in line; material cost outlook improves notably * Godrej Consumer (GCPL) declared an in-line set of numbers in its 2QFY23 results. While there was some sequential gains on the gross margin front in 2QFY23, the steep ~50% fall in palm oil cost from peak will result in markedly higher gross margin gains in 2HFY23E and FY24E. The company is using part of the gains to bolster its ad-spends (up ~50% YoY in 2QFY23, bucking the trend of peers for the quarter) to boost medium-term revenue g...
Buy Godrej Consumer Products Ltd For Target Rs.1,005 - Motilal Oswal Financial
Buy Godrej Consumer Products Ltd For Target Rs.1,005 - Motilal Oswal Financial
Source: Motilal Oswal Financial Services Ltd
21/11/2022 10:18:47 AM
Buy Godrej Consumer Products Ltd For Target Rs.1,000 - JM Financial Institutional Securities Improved quality of performance GCPL’s 2Q report was overall as guided by management earlier but the construct is much better in terms of quality: 1) Marked improvement in gross margin (worst of inflation-hit likely behind) but significant resources deployed in A&P (upped 50%) to accelerate categorydevelopment which is the cornerstone of GCPL’s new playbook. 2) Cash from Operations grew c.70% in 1H despite double-digit decline in EBITDA – a function of better SKU mana...
Buy Godrej Consumer Products Ltd For Target Rs.1,000 - JM Financial Institutional Securities
Buy Godrej Consumer Products Ltd For Target Rs.1,000 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
12/11/2022 12:30:20 PM
India`s Godrej Consumer profit misses view on weak Indonesia sales India's Godrej Consumer Products on Tuesday reported a sharper-than-expected drop in second quarter profit, as expenses climbed, while Indonesia sales continued to decline. Profit for the three months ended Sept. 30 was 3.59 billion Indian rupees ($44.01 million), compared with 4.79 billion rupees a year ago, the company said in an exchange filing. Analysts on average had expected a profit of 4.11 billion rupees, according to IBES data from Refinitiv. Consumer goods makers across...
India`s Godrej Consumer profit misses view on weak Indonesia sales
India`s Godrej Consumer profit misses view on weak Indonesia sales
Source: Reuters
8/11/2022 5:57:40 PM
Buy Godrej Consumer Products Ltd For Target Rs.1,080 - Motilal Oswal Financial Sales momentum encouraging; RM worries receding * For GCPL, the improvement in sales growth trajectory is quite encouraging with the company now attaining double-digit three-year CAGR in sales. The management has maintained its double-digit sales growth guidance with mid-to-high single-digit volume growth. * Material cost pressures are likely to abate markedly in 2HFY23 but higher media spends, to aid innovation and deepen penetration over the long term, will result in more gradual EBIT...
Buy Godrej Consumer Products Ltd For Target Rs.1,080 - Motilal Oswal Financial
Buy Godrej Consumer Products Ltd For Target Rs.1,080 - Motilal Oswal Financial
Source: Motilal Oswal Financial Services Ltd
8/10/2022 12:57:09 PM
Update On: Godrej Consumer Products By Motilal Oswal Financial Services GCPL released its pre-quarterly update for 2QFY23. Here are the key highlights: Macros: * Rural markets’ growth momentum continued to be slower than urban markets. * Management expects consumption to improve in 2HFY23 aided by healthy monsoon (apart from a few states) and moderation in commodity prices. India business: * Sales growth to be in high-single digit; three-year CAGR would be close to double digits. * Volume to decline by mid-single digit; three-year CAGR to...
Update On: Godrej Consumer Products By Motilal Oswal Financial Services
Update On: Godrej Consumer Products By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
6/10/2022 12:13:45 PM
Buy Godrej Consumer Products Ltd For Target Rs.1,075 - Motilal Oswal Financial Improving prospects for the GAUM business GCPL organized a conference call, led by Mr. Dharnesh Gordhon (Business Head – Godrej Africa, USA & Middle East), to discuss its business performance and strategy for the GAUM region. Here are the key highlights:  Competitive intensity * Over the past one-year, big players emerged stronger in key geographies. * The management’s drive to improve product availability and boost distribution has already resulted in early g...
Buy Godrej Consumer Products Ltd For Target Rs.1,075 - Motilal Oswal Financial
Buy Godrej Consumer Products Ltd For Target Rs.1,075 - Motilal Oswal Financial
Source: Motilal Oswal Financial Services Ltd
29/09/2022 11:41:59 AM
Add Godrej Consumer Products Ltd For Target Rs. 950 - ICICI Securities A long gestation turnaround Godrej delivered a price-led growth quarter (+8% YoY) with 4% growth in India volumes (3-year CAGR; down 6% YoY though). HI had a weak quarter and price increases in personal wash impacted offtake. Hair Colors had a good quarter though. Margin trajectory further weakened (RM and also mix-led) but is likely to have bottomed out. In the international markets, the trajectory continues to be similar, with double-digit growth in GAUM while Indonesia continued to be i...
Add Godrej Consumer Products Ltd For Target Rs. 950 - ICICI Securities
Add Godrej Consumer Products Ltd For Target Rs. 950 - ICICI Securities
Source: ICICI Securities Ltd
21/09/2022 3:13:21 PM
Add Godrej Consumer Products Ltd For Target Rs.946 - Yes Securities Ltd Disappointing quarter due to volume decline and subdued Indonesia business; downgrade to ADD Our view GCPL reported a soft quarter both on growth and margin fronts led by a 4% decline in India-home care business, continued sluggishness in Indonesia business and sharp margin fall in international business especially in Latin America and SAARC. Soft growth in its key HI and 12% cc decline in Indonesia business dragged topline despite c.18% price hikes taken by the company. Key positives w...
Add Godrej Consumer Products Ltd For Target Rs.946 - Yes Securities Ltd
Add Godrej Consumer Products Ltd For Target Rs.946 - Yes Securities Ltd
Source: Yes Securities Ltd
18/08/2022 5:43:41 PM
Buy Godrej Consumer Ltd For Target Rs 1,080 - Motilal Oswal Financial Services Sales momentum encouraging; RM worries receding * For GCPL, the improvement in sales growth trajectory is quite encouraging with the company now attaining double-digit three-year CAGR in sales. The management has maintained its double-digit sales growth guidance with mid-to-high single-digit volume growth * Material cost pressures are likely to abate markedly in 2HFY23 but higher media spends, to aid innovation and deepen penetration over the long term, will result in more gradual EBITD...
Buy Godrej Consumer Ltd For Target Rs 1,080 - Motilal Oswal Financial Services
Buy Godrej Consumer Ltd For Target Rs 1,080 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
5/08/2022 3:19:28 PM
Buy Godrej Consumer Products Ltd For Target Rs.1,025 - JM Financial Institutional Securities Not many signs of a turnaround just yet but keeping the faith GCPL’s Jun-Q’s profitability was way lower than we anticipated. India HI, and Indonesia businesses remained very weak, which along with steep input-costs pressure (India far worse vs International) and sustained uplift in A&P spends impacted operational profitability for the quarter in quite a significant manner. Management had earlier alluded to costs-moderation in 2H driving margin expansion and that aspect is ...
Buy Godrej Consumer Products Ltd For Target Rs.1,025 - JM Financial Institutional Securities
Buy Godrej Consumer Products Ltd For Target Rs.1,025 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities
4/08/2022 2:53:32 PM
Stock Picks - Godrej Consumer Product Ltd and Ashok Leyland Ltd By ICICI Direct Godrej Consumer Product Ltd Buy Godrej Consumer Product Ltd @ 881.00-883.00 CMP 883.35 Stop Loss 873.70 Target 889.80/898.00   Ashok Leyland Ltd Buy Ashok Leyland Ltd  @  146.00-147.00 CMP 147.20 Stop Loss 144.80 Target 148.30/149.80   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content...
Stock Picks - Godrej Consumer Product Ltd and Ashok Leyland Ltd By ICICI Direct
Stock Picks - Godrej Consumer Product Ltd and Ashok Leyland Ltd By ICICI Direct
Source: ICICI Direct
25/07/2022 11:38:48 AM
Buy Godrej Consumer Products Ltd For Target Rs.920 - Religare Broking Religare Super Idea**   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.religareonline.com/disclaimer SEBI Registration number is INZ000174330   Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
Buy Godrej Consumer Products Ltd For Target Rs.920 - Religare Broking
Buy Godrej Consumer Products Ltd For Target Rs.920 - Religare Broking
Source: Religare Broking Ltd
14/07/2022 8:33:10 AM
Buy Godrej Consumer Products Ltd For Target Rs.975 - Motilal Oswal Financial Near double-digit India sales growth led by price hikes GCPL released its pre-quarterly update for 1QFY23. Here are the key highlights: * Macros: The Indian FMCG industry continued to remain soft, due to unprecedented commodity inflation, led by price hikes, which impacted volume. GCPL was also impacted by high commodity inflation and underperformance in the Indonesia business. Rural business grew slower than the urban business in 1QFY23. However, a recent correction in commodity prices...
Buy Godrej Consumer Products Ltd For Target Rs.975 - Motilal Oswal Financial
Buy Godrej Consumer Products Ltd For Target Rs.975 - Motilal Oswal Financial
Source: Motilal Oswal Financial Services Ltd
8/07/2022 1:09:16 PM
Large Cap : Buy Godrej Consumer Products Ltd For Target Rs.878 - Geojit Financial Services Price hike to counter inflation and margin pressure Godrej Consumer Products Ltd (GCPL) is one of India’s leading home-grown household & personal care company. It also has presence in other countries like Indonesia, Africa, US, Middle East, among others * Revenue grew 6.8% YoY to Rs. 2,916cr in Q4FY22 driven entirely by pricing. 3 * EBITDA margin declined -380bps YoY to 17.2% due to higher commodity inflation and weak performance in Indonesia. GCPL posted Q4FY22 PAT of...
Large Cap : Buy Godrej Consumer Products Ltd For Target Rs.878 - Geojit Financial Services
Large Cap : Buy Godrej Consumer Products Ltd For Target Rs.878 - Geojit Financial Services
Source: Geojit Financial Services Ltd
25/05/2022 11:45:38 AM
Buy Godrej Consumer Products Ltd For Target Rs.1030 - JM Financial Services Quite a lot of work still needs to be done GCPL’s Mar-Q report was weak with the entire disappointment vs our expectation emanating from a very weak margin profile in the Africa geo that had otherwise been remarkably steady so far. Indonesia remains a work-in-progress and management expects that 3QFY23 is when signs of recovery would be visible - this perhaps is a sign of the extent of the problem out there; the region appears to have totally ignored trade-related discipline (channel...
Buy Godrej Consumer Products Ltd For Target Rs.1030 - JM Financial Services
Buy Godrej Consumer Products Ltd For Target Rs.1030 - JM Financial Services
Source: JM Financial Services Ltd
23/05/2022 11:39:59 AM
Buy Godrej Consumer Products Ltd For Target Rs.946- Yes Securities Soft quarter but outlook remains stable; maintain BUY given multiple triggers amidst inexpensive valuations Our view GCPL reported a soft quarter both on growth and margin fronts led by a 7% decline in India‐home care business, continued sluggishness in Indonesia business and sharp margin fall in international business especially in South Africa. Soft growth in its key HI, Air freshener and Hair care category and 15% cc decline in Indonesia business dragged topline despite c.12% price h...
Buy Godrej Consumer Products Ltd For Target Rs.946- Yes Securities
Buy Godrej Consumer Products Ltd For Target Rs.946- Yes Securities
Source: Yes Securities Ltd
20/05/2022 12:11:48 PM
Godrej Consumer Products Q4 net profit jumps 66.55% at Rs 417.53 cr The company reported standalone net profit of Rs 417.53 crore for the quarter ended March 31, 2022 as compared to Rs 250.70 crore in the same period last year, registering a year-on-year growth of 66.55 per cent. Net revenue of the company rose moderately by 9.38 per cent at Rs 1,603.88 crore in January-March quarter of this fiscal as against Rs 1,466.36 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 7.45 per cent to Rs 1,249.12 cror...
Godrej Consumer Products Q4 net profit jumps 66.55% at Rs 417.53 cr
Godrej Consumer Products Q4 net profit jumps 66.55% at Rs 417.53 cr
Source: Dion Global Solutions Ltd
19/05/2022 4:31:28 PM
Buy Godrej Consumer Products Ltd For Target Rs.1,000 - Motilal Oswal Pricing leads to near double-digit India sales growth GCPL released its pre-quarterly update for 4QFY22. Here are the key highlights: * Macros: The Indian FMCG industry witnessed a slowdown in consumption over the past few months, led by unprecedented global commodity inflation that resulted in successive price hikes and which, in turn, impacted volumes. GCPL was also impacted by high commodity inflation and underperformance in the Indonesia business. * In India, GCPL expects to del...
Buy Godrej Consumer Products Ltd For Target Rs.1,000 - Motilal Oswal
Buy Godrej Consumer Products Ltd For Target Rs.1,000 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
9/04/2022 10:58:38 AM
Hold Godrej Consumer Products Ltd For Target Rs.910 - Emkay Global Weak margins drive earnings miss GCPL posted in-line sales growth of 8% to Rs33bn in Q3. EBITDA/PAT fell 1-2% and were 5-7% below our estimates. India sales rose 8%, but EBITDA fell 3%. Africa sales/EBITDA grew by 13%/18%. Indonesia reported flat sales and a 16% decline in EBITDA. Management plans to maintain its focus on category development for the next 12 months. It expects India volumes to improve ahead, with healthy gross margin expansion and moderate gains in EBITDA margin in FY23...
Hold Godrej Consumer Products Ltd For Target Rs.910 - Emkay Global
Hold Godrej Consumer Products Ltd For Target Rs.910 - Emkay Global
Source: Emkay Global Financial Services Ltd
28/03/2022 12:32:38 PM
Stock Picks - Container Corporation of India Ltd & Godrej Consumer Products Ltd By ICICI Direct Container Corporation of India Ltd Buy Container Corporation of India Ltd @612.00-614.00 CMP 615.40 Stop Loss 606.70 Target 618.80/625.00   Godrej Consumer Products Ltd Sell  Godrej Consumer Products Ltd @723.00-725.00 CMP 724.05 Stop Loss 730.30 Target 718.10/712.00   To Read Complete Report & Disclaimer Click Here   https://secure.icicidirect.com/Content/StaticData/Disclaimer.html ...
Stock Picks - Container Corporation of India Ltd & Godrej Consumer Products Ltd By ICICI Direct
Stock Picks - Container Corporation of India Ltd & Godrej Consumer Products Ltd By ICICI Direct
Source: ICICI Direct
22/03/2022 11:35:03 AM
Buy Godrej Consumer Ltd For Target Rs.1,150 - Motilal Oswal In-line results; sequential GM improvement trend to sustain * Godrej Consumer (GCPL)’s 3QFY22 results were in line with our estimates. * Market share gains in every segment of the domestic business are heartening. FY22 appears to be the second successive year of double-digit sales growth after the struggles seen in the latter part of the previous decade. This performance comes even before the initiatives undertaken by the new CEO have started to bear fruit. The sequentially improv...
Buy Godrej Consumer Ltd For Target Rs.1,150 - Motilal Oswal
Buy Godrej Consumer Ltd For Target Rs.1,150 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
9/02/2022 9:18:26 AM
Buy Godrej Consumer Ltd For Target Rs.1,150 - Motilal Oswal Investment rationale intact Godrej Consumer (GCPL) is our top pick from our Staples Coverage Universe from a oneyear horizon. We list some of our key investment arguments and aim to track the company’s progress in its segments thus far. * Recent sales growth momentum encouraging: After maintaining a Neutral view on GCPL for 10 years, we turned bullish on its prospects earlier this year, as highlighted in our upgrade note from May’21; we reiterated our view in our detailed no...
Buy Godrej Consumer Ltd For Target Rs.1,150 - Motilal Oswal
Buy Godrej Consumer Ltd For Target Rs.1,150 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
12/01/2022 9:26:58 AM
Buy Godrej Consumer Products Ltd For Target Rs.1,150 - Motilal Oswal Broad-based growth in domestic Home Care and Personal Care GCPL released its pre-quarterly update for 3QFY22. Here are the key highlights:   * Macros: Demand trends remained stable in GCPL’s categories and across the key countries that it operates in. The quarter saw high input cost inflation, with lower volume growth and higher price growth. * In India, GCPL expects to deliver near high single-digit sales growth (doubledigit two-year CAGR), mostly driven by price incre...
Buy Godrej Consumer Products Ltd For Target Rs.1,150 - Motilal Oswal
Buy Godrej Consumer Products Ltd For Target Rs.1,150 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
7/01/2022 9:37:51 AM