Dolat Capital: Godrej Consumer Q2 Review - Majority Portfolio Posted Double Digit Growth
A man examines an insect repellent manufactured by Godrej Consumer Products at a store. (Source: Godrej Consumer Products)

Dolat Capital: Godrej Consumer Q2 Review - Majority Portfolio Posted Double Digit Growth

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.

Dolat Capital Report

Godrej Consumer Products Ltd.’s net sales and Ebitda came in line while adjusted profit after tax was below our estimates.

The company has reported a 5% volume growth in the domestic market. 83% of the company’s portfolio, related to health, hygiene and value for money, delivered 17% sales growth during the quarter.

Household insecticides category posted a mere 4% growth, was a negative surprise, especially considering 22% growth reported by Jyothy Laboratories Ltd. in the same segment.

Click on the attachment to read the full report:

Dolat Capital Godrej Consumer Products Q2FY21 Result Update.pdf

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