Colgate - Another New Beginning, But Challenges Persist: Motilal Oswal

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Motilal Oswal Report.Colgate Palmolive India Ltd.’s new Chief Executive Officer Prabha Narasimhan unveiled her plans to drive growth in oral care, increase premiumisation in the category, and focus on the non-oral care business as part of its annual investor day. Key takeaways from the day include the following:India is one of the three key countries for Colgate globally, and thus, highly important from a global perspective. From a growth perspective, the company plans to focus on rural areas where 55% of the population do not brush daily and in urban areas where only about 20% of the households brush twice a day. Slower growth in the naturals category in the last couple of years where Colgate is relatively under-indexed also enables some stability to its plans.From a toothbrush perspective, the company’s focus will be on-1. hastening replacement of toothbrushes (from once in every six months in urban areas and from once every 15 months in rural areas); 2. gentle toothbrushes, and 3. powered toothbrushes, which is a nascent category..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Colgate - Another New Beginning, But Challenges Persist: Motilal Oswal

From a growth perspective, the company plans to focus on rural areas where 55% of the population do not brush daily.

Choose a plan