External broker reports(aggregated public sources), Sharekhan

Sharekhan

Sharekhan is India's leading broking house providing services from easy online trading, research to wide array of financial products. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

Godrej Consumer Products / Equity Bottom-Up

<ul><li>Sharekhan's research report onGodrej Consumer Products GCPL’s Q4FY2024 numbers were above our as well as street expectations due to better-than-expected OPM of 22.5%, leading to adjusted PAT growth of 22%; it achieved industry-leading organic volume growth of 9% (India business 7%).</li><li>GCPL met its target of high single-digit underlying volume growth and high-teen EBITDA growth for FY2024.</li><li>Management targets to achieve high single-digit volume growth for consolidated business with India and Indonesia business volumes growing in high single digits in the coming years.</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>

Sharekhan's research report onGodrej Consumer Products GCPL’s Q4FY2024 numbers were above our as well as street expectations due to better-than-expected OPM of 22.5%, leading to adjusted PAT growth of 22%; it achieved industry-leading organic volume growth of 9% (India business 7%).GCPL met its target of high single-digit underlying volume growth and high-teen EBITDA growth for FY2024.Management targets to achieve high single-digit volume growth for consolidated business with India and Indonesia business volumes growing in high single digits in the coming years.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.

Godrej Consumer Products Ltd - Q4 - Leading Volume Growth