Earnings Alerts

Colgate Palmolive (India) (CLGT) Earnings Exceed Expectations with 20% Y/Y Increase in 4Q Net Income

  • Colgate India has reported a net income of 3.8 billion rupees for the 4th quarter, which is a 20% increase year on year. This beats the estimated net income of 3.6 billion rupees.
  • The revenue calculated is 14.8 billion rupees, that is a positive 10% increase year on year, overcoming the estimated revenue of 14.68 billion rupees.
  • Total costs for Colgate India stands at 10 billion rupees, turning out to be a 6% increase year on year.
  • Meanwhile, the company reported an other income of 226.5 million rupees, an increase of 11% year on year.
  • The dividend per share is designated at 26 rupees.
  • Also, a special Interim Dividend of INR 10 per share has been reported.
  • CEO Prabha Narasimhan confirmed a faster growth in the rural business than the urban areas as well as a strong performance from Modern Trade and eCommerce platforms.
  • Looking at the market recovery, the CEO is optimistic about strengthening their brand and a sturdy innovation pipeline in the coming year.
  • The current standing of the firm lays at 10 buys, 11 holds and 14 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

Colgate Palmolive (India) is positioned well for the long term with promising Smart Scores across key factors. The company’s Dividend and Resilience scores are particularly strong, indicating a healthy payout to investors and a robust ability to weather market uncertainties. Coupled with a solid Momentum score, Colgate Palmolive (India) shows positive growth prospects and market momentum that is likely to drive future performance.

While the Value and Growth scores are not as high as the other factors, Colgate Palmolive (India) remains a stable investment option due to its established presence in the consumer products sector, focusing on oral care and body care products. With a range of popular products including toothpaste, soaps, and cosmetics, the company maintains a steady performance outlook for investors seeking reliable returns.


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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