Colgate Q4 Review - Favorable Risk Reward: Prabhudas Lilladher
A Colgate-Palmolive Co. Colgate brand toothbrush. (Photographer: Daniel Acker/Bloomberg)

Colgate Q4 Review - Favorable Risk Reward: 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 increasing Colgate-Palmolive India Ltd.'s earnings per share estimates by 6.1%/6.4% for FY22/FY23 given the following factors:

  1. Comeback of premium segment in toothpastes

  2. Double digit growth across key categories

  3. Gain in market share across e-commerce/modern trade

  4. Opportunity to gain share in new segments which have sizeable opportunity and

  5. Lower tax rate than earlier estimates

Rural demand remains strong, urban demand has come back strongly.

Click on the attachment to read the full report:

Prabhudas Lilladher Colgate-Palmolive Q4FY21 Result Update.pdf

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