Colgate Q3 Review - Market Share Gains Remain Key: Prabhudas Lilladher 
Colgate toothpaste is displayed in a shop window in Mumbai. (Photographer: Sebastian D’souza/Bloomberg News.)

Colgate Q3 Review - Market Share Gains Remain Key: Prabhudas Lilladher 

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.

Prabhudas Lilladher Report

We are changing earning per share estimates by down 0.4%/2.6% and 5.2% for FY21, FY22 and FY23 due to superior sales mix, comeback of premium segment in toothpastes and improving traction in Palmolive handwash and shower gel.

Domestic volume and value growth has been 5% while decline in exports has impacted overall sales growth. Toothbrush sales grew in high single digits.

Rural demand remains strong although toothpaste remains highly competitive and penetrated category.

Click on the attachment to read the full report:

Prabhudas Lilladher Colgate Palmolive Q3FY21 Result Update.pdf


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