External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Colgate Palmolive (India) / Equity Bottom-Up

<ul><li>The company’s revenue grew by 13% YoY to Rs 1,486 Cr in Q1FY25, surpassing expectations.</li><li>This growth was primarily driven by high single-digit volume growth in toothpaste, which achieved double-digit revenue growth.</li><li>Domestic sales increased by 12.8% YoY in Q1FY25. Gross margin improved by 222 bps YoY to 70.4%, supported by a softening of raw material costs. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The company’s revenue grew by 13% YoY to Rs 1,486 Cr in Q1FY25, surpassing expectations.This growth was primarily driven by high single-digit volume growth in toothpaste, which achieved double-digit revenue growth.Domestic sales increased by 12.8% YoY in Q1FY25. Gross margin improved by 222 bps YoY to 70.4%, supported by a softening of raw material costs. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Colgate Palmolive (India) Ltd - All-Round Performance but Valuation Expensive; Maintain HOLD