Page 2 - Colgate-palmolive India

Colgate investors may smile again on likely turnaround in toothpaste biz

Some recent reports by brokerages indicate an improvement in the company's market share, led by volume recovery

Colgate-Palmolive reports 5.1% decline in profit before tax to Rs 267.4 cr

Net sales increased 4.1% only to Rs 1,136.02 crore versus Rs 1091.63 crore last year

Colgate-Palmolive Q3 net up 3.64% at Rs 199 crore, income rises marginally

The company reported a net sales growth of 4.1% despite category headwinds in both rural and urban

Colgate-Palmolive dips 6% on disappointing Q3 nos; volume growth slips QoQ

Net profit after tax for the quarter grew 3.6 per cent to Rs 199 crore, as against a profit of Rs 192 crore in the year-ago quarter.

Colgate Palmolive rallies 6% in a weak market, trades near record high

In the past two months, post its June quarter (Q1FY20) results, Colgate Palmolive has outperformed the market by surging 17 per cent, as against a 5 per cent decline in the benchmark S&P BSE Sensex

Colgate-Palmolive Q3 net profit up 12.6% to Rs 192 cr on volume growth

Strong and focused efforts in the market resulted in a consistent topline growth driven by a healthy volume increase, says CPIL managing director

Colgate-Palmolive Q2 profit jumps 10% to Rs 1.96 bn; net sales up 7%

Total expenses were at Rs 8.78 bn as against Rs 8.23 bn in the year-ago period, up 6.69%

Colgate may get its smile back

Colgate-Palmolive India seems to have weathered the storm arising from rising popularity of peers, mainly Patanjali Ayurved. As feared earlier, it has not lost significant market share to competition. While demonetisation (note ban) had shifted some focus away from its naturals offering, Cibaca Vedshakti, experts believe this product will only aid Colgate in safeguarding its market share in an increasingly competitive toothpastes' category."While competition is not new to Colgate, we argue that No 2 (Hindustan Unilever) or No 3 (Dabur) market share companies are more at risk from rising competition," says Nitin Mathur, analyst at Jefferies. Colgate's strong lead over peers also provides comfort. In 2016, Colgate's market share stood at 55.4 per cent, much ahead of the next two peers that have market shares of about 20 per cent and 16 per cent. Colgate's market share has ranged 55-56 in the four quarters of 2016. Globally as well, Colgate has demonstrated its ability to protect its ...