Colgate Palmolive Q4 Review - More Of The Same: ICICI Securities
Colgate-Palmolive Co. Colgate brand oral care products are arranged for a photograph in Tiskilwa, Illinois, U.S. (Photographer: Daniel Acker/Bloomberg)  

Colgate Palmolive Q4 Review - More Of The Same: ICICI Securities

BQ Blue’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 BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

Colgate-Palmolive India Ltd.'s domestic revenue growth of 20% (two year compound annual growth rate of 5%) was in-line.

Volume growth was ~16% (our estimate).

Focus towards the naturals category (gained market shares), increasing brand visibility and step-up in innovations are positives. \

We believe the company is continuing to benefit from-

  1. a largely ‘essential’ portfolio,

  2. presence across the price-benefit pyramid – helps capture any impact of downtrading,

  3. strong distribution reach and

  4. premiumisation driven by differentiated products with focus on modern trade and e-commerce.

Click on the attachment to read the full report:

ICICI Securities Colgate Q4FY21 Results Update.pdf

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This report is authored by an external party. BloombergQuint 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 BloombergQuint.

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