Colgate-Palmolive (India) Ltd

Colgate-Palmolive (India) Ltd

₹ 1,501 -1.31%
24 Mar - close price
About

Colgate-Palmolive India Ltd is engaged in manufacturing/ trading of toothpaste, tooth powder, toothbrush, mouthwash and personal care products.[1]

Key Points

Product Offerings
The company's product portfolio includes various SKUs of toothpaste, tooth powder, toothbrush, mouthwash, and personal care products. [1] They are sold under its well-recognized brands i.e. Colgate and Palmolive. [2]

  • Market Cap 40,824 Cr.
  • Current Price 1,501
  • High / Low 1,696 / 1,435
  • Stock P/E 38.5
  • Book Value 60.7
  • Dividend Yield 2.66 %
  • ROCE 92.0 %
  • ROE 74.4 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 67.4%
  • Company has been maintaining a healthy dividend payout of 98.0%

Cons

  • Stock is trading at 24.7 times its book value
  • The company has delivered a poor sales growth of 5.07% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
1,147 1,071 1,041 1,285 1,232 1,283 1,166 1,352 1,280 1,301 1,197 1,387 1,291
831 808 733 876 861 861 811 952 900 872 871 979 930
Operating Profit 316 263 308 409 371 422 355 401 381 429 326 408 361
OPM % 28% 25% 30% 32% 30% 33% 30% 30% 30% 33% 27% 29% 28%
6 20 6 8 10 7 5 7 6 9 2 11 10
Interest 3 2 2 2 2 2 2 2 2 1 1 1 1
Depreciation 52 46 45 46 46 45 45 45 44 44 44 44 44
Profit before tax 267 234 267 369 333 381 314 361 341 393 282 374 327
Tax % 26% 13% 26% 26% 25% 17% 26% 25% 26% 18% 26% 26% 26%
Net Profit 199 204 198 274 248 315 233 269 252 324 210 278 243
EPS in Rs 7.32 7.51 7.29 10.08 9.13 11.57 8.58 9.90 9.28 11.90 7.71 10.22 8.94
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
2,285 2,693 3,164 3,579 3,982 3,868 3,982 4,188 4,462 4,525 4,841 5,100 5,177
1,770 2,115 2,505 2,915 3,159 2,929 3,038 3,074 3,226 3,323 3,331 3,534 3,652
Operating Profit 515 579 659 664 823 940 944 1,114 1,236 1,202 1,510 1,566 1,525
OPM % 23% 21% 21% 19% 21% 24% 24% 27% 28% 27% 31% 31% 29%
41 51 48 115 32 7 41 26 68 49 30 26 33
Interest 2 2 0 0 0 0 0 0 2 10 7 6 5
Depreciation 34 39 44 51 75 111 133 157 159 198 182 177 176
Profit before tax 520 588 663 728 780 835 851 983 1,143 1,043 1,350 1,409 1,377
Tax % 23% 24% 25% 26% 28% 30% 32% 32% 32% 22% 23% 23%
Net Profit 403 446 497 540 559 581 577 673 776 816 1,035 1,078 1,054
EPS in Rs 14.80 16.41 18.26 19.85 20.55 21.37 21.23 24.76 28.52 30.02 38.07 39.65 38.77
Dividend Payout % 74% 76% 77% 68% 58% 47% 47% 97% 81% 93% 100% 101%
Compounded Sales Growth
10 Years: 7%
5 Years: 5%
3 Years: 5%
TTM: 2%
Compounded Profit Growth
10 Years: 9%
5 Years: 13%
3 Years: 13%
TTM: -1%
Stock Price CAGR
10 Years: 9%
5 Years: 8%
3 Years: 10%
1 Year: -1%
Return on Equity
10 Years: 65%
5 Years: 60%
3 Years: 67%
Last Year: 74%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
14 14 14 14 14 27 27 27 27 27 27 27 27
Reserves 370 422 476 586 757 1,004 1,247 1,497 1,420 1,567 1,139 1,707 1,624
0 0 0 0 0 0 0 0 83 102 91 83 82
650 694 817 894 932 972 1,037 1,039 1,097 908 1,637 1,084 1,183
Total Liabilities 1,034 1,130 1,307 1,493 1,702 2,003 2,311 2,564 2,626 2,604 2,894 2,902 2,916
255 254 281 556 782 1,008 1,108 1,146 1,191 1,123 1,065 963 913
CWIP 8 69 102 142 141 78 167 159 199 190 145 122 122
Investments 39 47 47 37 37 31 31 31 31 19 19 0 0
732 759 877 759 742 885 1,005 1,228 1,206 1,272 1,666 1,817 1,881
Total Assets 1,034 1,130 1,307 1,493 1,702 2,003 2,311 2,564 2,626 2,604 2,894 2,902 2,916

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
358 403 615 457 638 689 688 694 983 930 784 1,626
60 -10 -47 -180 -272 -237 -342 -207 -96 -19 71 -108
-323 -398 -428 -422 -385 -391 -341 -380 -815 -891 -956 -1,091
Net Cash Flow 95 -5 140 -145 -18 61 5 107 73 20 -101 427

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 12 12 9 6 6 10 12 18 17 11 9 16
Inventory Days 64 76 54 59 63 72 72 56 58 69 79 78
Days Payable 158 128 136 130 128 136 148 152 144 142 179 169
Cash Conversion Cycle -82 -41 -73 -65 -59 -55 -63 -79 -68 -63 -91 -75
Working Capital Days -51 -34 -49 -47 -40 -43 -39 -33 -36 -21 -83 -24
ROCE % 146% 144% 144% 122% 114% 96% 74% 71% 73% 65% 92% 92%

Shareholding Pattern

Numbers in percentages

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
51.00 51.00 51.00 51.00 51.00 51.00 51.00 51.00 51.00 51.00 51.00 51.00
16.19 15.27 15.67 16.59 16.90 18.61 19.14 18.02 18.64 18.70 19.46 21.11
9.96 11.22 10.82 10.11 10.02 8.21 7.42 8.17 8.07 8.83 8.99 7.55
0.20 0.28 0.28 0.28 0.28 0.28 0.28 0.28 0.28 0.29 0.28 0.28
22.65 22.23 22.22 22.02 21.80 21.89 22.16 22.53 22.01 21.19 20.25 20.05

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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