Godrej Consumer Q4 Review - Expect Recovery In Volume Growth: Dolat Capital

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..Dolat Capital Report.Godrej Consumer Products Ltd.’s Q4 FY22 revenue and adjusted profit after tax was in line with our estimate. The company reported 3% volume decline in India business. Margin expansion in domestic business was encouraging. Godrej Consumer targets low double digits topline growth and low single digit volume growth in FY23E Home care segment reported 2% sales de-growth primarily led by fabric care (15% growth on two year compound annual growth rate). Air fresheners witnessed steady growth, however, household insecticide performance was relatively soft. The Indonesia business continues to witness pressure, reported 16% constant currency decline during the quarter. Significant 1,380 basis points contraction in Ebitda margin in Indonesia business was a negative surprise..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.

Godrej Consumer Q4 Review - Expect Recovery In Volume Growth: Dolat Capital

Godrej Consumer Q4 Review - Expect Recovery In Volume Growth: Dolat Capital

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