Earnings Alerts

Colgate Palmolive (India) (CLGT) Earnings: 1Q Net Income Surges 33%, Beats Estimates

  • Colgate India reported a net income of 3.64 billion rupees for Q1, a 33% increase year-over-year, surpassing the estimated 3.31 billion rupees.
  • The company’s revenue for the quarter was 14.9 billion rupees, marking a 13% growth year-over-year, surpassing the expected 14.29 billion rupees.
  • Total costs rose to 10.3 billion rupees, which is an 8.4% increase from the previous year.
  • Other income registered 234 million rupees, showing a substantial increase of 56% year-over-year.
  • There was high-single digit volume growth in toothpaste sales.
  • Rural markets saw a continued demand pickup, outpacing growth in urban markets for the second consecutive quarter.
  • Current analyst ratings: 7 buys, 12 holds, and 16 sells.

A look at Colgate Palmolive (India) Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analyzing the Smartkarma Smart Scores for Colgate Palmolive (India), the company portrays a promising long-term outlook. With a high Dividend score of 5 and Resilience score of 5, Colgate Palmolive (India) demonstrates strong stability and commitment to rewarding its investors. Additionally, the company showcases a respectable Momentum score of 4, signifying a positive trend in its stock performance. Although the Value score is moderate at 2 and Growth score at 3, Colgate Palmolive (India) maintains a steady position in the market.

Colgate-Palmolive (India) Ltd., a manufacturer of consumer products in oral care and body care, offers a diverse range of products including soaps, cosmetics, toothpaste, and grooming essentials. The company’s robust Dividend and Resilience scores, along with a notable Momentum score, indicate a solid foundation for future growth and shareholder value. With a focus on longevity and stability, Colgate Palmolive (India) appears well-equipped to navigate market fluctuations and provide consistent returns to its investors.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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