Colgate Q4 Review - Market Share Gains Hold Key To Re-Rating: Prabhudas Lilladher

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..Prabhudas Lilladher Report.We are increasing earnings per share estimates by 2.5%/2.6% for FY23/FY24 due to strong margin strength in Q4 in inflationary environment and stable market share. Colgate-Palmolive India Ltd. has increased focus sustaining growth in the core segments and incremental growth from innovations in oral care, body wash and Face cleansing products. Bounce back in family toothpaste segment and slight moderation in growth rates of naturals segment augurs well for sustaining share in highly penetrated toothpaste category. We expect rural demand to recover given favorable monsoons, higher crop prices, revival in housing and Government capex which would boost demand. Colgate is focusing on accelerating growth led by-ramping up innovations (Colgate Gum Expert, Colgate Visible White),increasing promotion intensity,entry into premium face cleansing category (foams, scrubs and masques under Palmolive brand)..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 Q4 Review - Market Share Gains Hold Key To Re-Rating: Prabhudas Lilladher

Colgate Q4 Review - Market Share Gains Hold Key To Re-Rating: Prabhudas Lilladher

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