Colgate-Palmolive (India) Ltd

Colgate-Palmolive (India) is engaged in manufacturing/trading of toothpaste, tooth powder, toothbrush, mouth wash and personal care products.

Pros:
Company is virtually debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 53.94%
Company has been maintaining a healthy dividend payout of 63.62%
Cons:
Stock is trading at 22.06 times its book value
The company has delivered a poor growth of 5.77% over past five years.
Company might be capitalizing the interest cost
** Remarks:
Return on equity is exceptional

Peer Comparison Sector: FMCG // Industry: Personal Care - Multinational

Loading peers table ...

Quarterly Results Standalone Figures in Rs. Crores / View Consolidated

Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019
1,057 875 1,038 978 1,085 1,033 1,092 1,041 1,168 1,099 1,154 1,085
782 661 795 756 784 750 784 760 838 785 843 785
Operating Profit 275 214 243 222 301 283 308 282 330 314 310 300
OPM % 26% 24% 23% 23% 28% 27% 28% 27% 28% 29% 27% 28%
Other Income 11 11 9 12 9 9 -3 43 9 8 8 15
Interest 0 0 0 0 0 0 0 0 0 0 2 2
Depreciation 33 34 34 37 39 40 40 39 40 41 39 50
Profit before tax 253 191 218 197 270 252 264 285 298 282 277 263
Tax % 28% 33% 35% 31% 34% 32% 28% 34% 34% 32% 29% 36%
Net Profit 181 128 143 136 178 171 189 190 196 192 198 169
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 TTM
1,290 1,470 1,694 1,962 2,285 2,693 3,164 3,579 3,982 3,868 3,982 4,188 4,506
1,090 1,241 1,433 1,537 1,770 2,115 2,505 2,915 3,159 2,929 3,038 3,075 3,252
Operating Profit 200 229 262 425 515 579 659 664 823 940 944 1,113 1,254
OPM % 16% 16% 15% 22% 23% 21% 21% 19% 21% 24% 24% 27% 28%
Other Income 17 85 108 98 41 51 48 115 33 7 41 27 40
Interest 1 1 1 2 2 2 0 0 0 0 0 0 5
Depreciation 15 20 23 38 34 39 44 51 75 111 133 157 170
Profit before tax 202 292 345 485 520 588 663 728 780 835 851 983 1,120
Tax % 21% 21% 16% 13% 23% 24% 25% 26% 28% 30% 32% 32%
Net Profit 160 232 290 423 403 446 497 540 559 581 577 673 755
EPS in Rs 5.20 6.65 9.41 13.88 12.97 14.39 16.00 17.55 18.27 19.33 21.23 24.76
Dividend Payout % 81% 76% 70% 64% 74% 76% 77% 68% 58% 47% 47% 97%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:11.04%
5 Years:5.77%
3 Years:1.70%
TTM:5.99%
Compounded Profit Growth
10 Years:11.38%
5 Years:6.46%
3 Years:6.79%
TTM:3.95%
Return on Equity
10 Years:77.98%
5 Years:62.22%
3 Years:53.94%
Last Year:48.67%

Balance Sheet Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
136 14 14 14 14 14 14 14 14 27 27 27 27
Reserves 145 149 203 313 370 422 476 586 757 1,004 1,247 1,497 1,420
Borrowings 4 5 5 5 0 0 0 0 0 0 0 0 78
435 550 569 571 668 711 835 918 963 1,008 1,037 1,039 1,102
Total Liabilities 720 716 790 901 1,052 1,147 1,325 1,518 1,733 2,039 2,311 2,564 2,626
168 191 174 247 255 254 281 556 782 1,008 1,108 1,146 1,191
CWIP 24 8 5 6 8 69 102 142 141 78 167 159 199
Investments 133 73 38 21 39 47 47 37 37 31 31 31 31
394 445 573 627 750 776 895 784 773 921 1,005 1,228 1,206
Total Assets 720 716 790 901 1,052 1,147 1,325 1,518 1,733 2,039 2,311 2,564 2,626

Cash Flows Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
154 281 319 397 358 403 615 457 638 689 688 694
6 26 43 37 60 -10 -47 -180 -272 -237 -342 -207
-136 -275 -255 -337 -323 -398 -428 -422 -385 -391 -341 -380
Net Cash Flow 24 33 107 96 95 -5 140 -145 -18 61 5 107

Ratios Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
ROCE % 90% 130% 176% 175% 146% 144% 144% 122% 114% 96% 74% 71%
Debtor Days 3 2 2 2 12 12 9 6 6 10 12 18
Inventory Turnover 16.68 18.85 21.44 20.34 17.29 14.50 15.70 17.41 16.66 14.23 13.63 16.13