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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 13.07 % in the past year, substantial increase in net sales/revenue by 0.45 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 616.56 %. Marginal increase in other income during this quarter, up by 3.31%.
- Profit over the Year and quarter: Significant improvement in profitability for Colgate Palmolive (India) Limited. Notable increase of 32.99 % in net profit Year to Year, Colgate Palmolive (India) Limited’s profitability dropped by -4.17 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 33.00 % Year to Year. EPS decreased by -4.15 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1323.67 Cr | Rs. 1490.01 Cr | Rs. 1496.71 Cr | + 0.45 % | + 13.07 % |
Expenses | Rs. 905.55 Cr | Rs. 957.84 Cr | Rs. 988.37 Cr | + 3.19 % | + 9.15 % |
Operating Profit | Rs. 418.12 Cr | Rs. 532.17 Cr | Rs. 508.34 Cr | -4.48 % | + 21.58 % |
OPM % | 31.59 % | 35.72 % | 33.96 % | -1.76 % | + 2.37 % |
Other Income | Rs. -4.53 Cr | Rs. 22.65 Cr | Rs. 23.4 Cr | + 3.31 % | + 616.56 % |
Interest | Rs. 1.07 Cr | Rs. 1.36 Cr | Rs. 0.98 Cr | -27.94 % | -8.41 % |
Depreciation | Rs. 43.76 Cr | Rs. 42.1 Cr | Rs. 41.51 Cr | -1.4 % | -5.14 % |
Profit before tax | Rs. 368.76 Cr | Rs. 511.36 Cr | Rs. 489.25 Cr | -4.32 % | + 32.67 % |
Tax % | 25.78 % | 25.72 % | 25.6 % | -0.12 % | -0.18 % |
Net Profit | Rs. 273.68 Cr | Rs. 379.82 Cr | Rs. 363.98 Cr | -4.17 % | + 32.99 % |
EPS in Rs | Rs. 10.06 | Rs. 13.96 | Rs. 13.38 | -4.15 % | + 33 % |
Today, we’re looking at Colgate Palmolive (India) Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 13.07 %. However, it did see a marginal increase of 0.45 % from the previous quarter. Expenses ticked up slightly by 3.19 % quarter-on-quarter, aligning with the annual rise of 9.15 %. Operating profit, while up 21.58 % compared to last year, faced a quarter-on-quarter dip of -4.48 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.37 %, but a shrinkage of -1.76 % sequentially. Other income rose by 3.31 % compared to the last quarter, despite an annual growth of 616.56 %. Interest expenses dropped significantly by -27.94 % from the previous quarter, yet the year-over-year decrease remains at a moderate -8.41 %. Depreciation costs fell by -1.4 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -5.14 %. Profit before tax grew annually by 32.67 % but saw a reduction from the preceding quarter by -4.32 %.
Tax expenses as a percentage of profits decreased slightly by -0.18 % compared to last year, with a more notable quarter-on-quarter decrease of -0.12 %. Net profit rose by 32.99 % year-on-year but witnessed a -4.17 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 33 % but a quarterly fall of -4.15 %. In summary, Colgate Palmolive (India) Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1323.67 Cr | Rs. 1490.01 Cr | Rs. 1496.71 Cr | + 0.45 % | + 13.07 % |
Expenses | Rs. 905.55 Cr | Rs. 957.84 Cr | Rs. 988.37 Cr | + 3.19 % | + 9.15 % |
Operating Profit | Rs. 418.12 Cr | Rs. 532.17 Cr | Rs. 508.34 Cr | -4.48 % | + 21.58 % |
Net Profit | Rs. 273.68 Cr | Rs. 379.82 Cr | Rs. 363.98 Cr | -4.17 % | + 32.99 % |
EPS in Rs | Rs. 10.06 | Rs. 13.96 | Rs. 13.38 | -4.15 % | + 33 % |
In reviewing Colgate Palmolive (India) Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.07 % year-on-year growth, however, there was a minor increase of 0.45 % from the previous quarter. Expenses rose by 9.15 % compared to the previous year, with a 3.19 % increase quarter-on-quarter. Operating Profit surged by 21.58 % annually, and saw a -4.48 % decrease from the last quarter.
Net Profit showed yearly increase of 32.99 %, and experienced a -4.17 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 33 % annually, however dipped by -4.15 % compared to the last quarter. In essence, while Colgate Palmolive (India) Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.