Colgate-Palmolive (India) Ltd

Colgate-Palmolive (India) Ltd

₹ 3,128 0.99%
16 Jul - 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 85,073 Cr.
  • Current Price 3,128
  • High / Low 3,155 / 1,820
  • Stock P/E 63.6
  • Book Value 68.9
  • Dividend Yield 1.53 %
  • ROCE 96.8 %
  • ROE 74.5 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 69.8%
  • Company has been maintaining a healthy dividend payout of 96.8%

Cons

  • Stock is trading at 45.4 times its book value
  • The company has delivered a poor sales growth of 4.95% 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.

Peer comparison

Sector: FMCG Industry: Personal Care - Multinational

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
1,283 1,166 1,352 1,280 1,301 1,197 1,387 1,291 1,351 1,324 1,471 1,396 1,490
861 811 952 900 872 871 979 930 899 906 989 927 958
Operating Profit 422 355 401 381 429 326 408 361 452 418 482 468 532
OPM % 33% 30% 30% 30% 33% 27% 29% 28% 33% 32% 33% 34% 36%
7 5 7 6 9 2 11 10 18 -5 21 18 23
Interest 2 2 2 2 1 1 1 1 1 1 1 2 1
Depreciation 45 45 45 44 44 44 44 44 43 44 44 41 42
Profit before tax 381 314 361 341 393 282 374 327 426 369 458 443 511
Tax % 17% 26% 25% 26% 18% 26% 26% 26% 26% 26% 26% 26% 26%
315 233 269 252 324 210 278 243 316 274 340 330 380
EPS in Rs 11.57 8.58 9.90 9.28 11.90 7.71 10.22 8.94 11.63 10.06 12.50 12.14 13.96
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3,164 3,579 3,982 3,868 3,982 4,188 4,462 4,525 4,841 5,100 5,226 5,680
2,505 2,915 3,159 2,929 3,038 3,074 3,226 3,323 3,331 3,534 3,679 3,779
Operating Profit 659 664 823 940 944 1,114 1,236 1,202 1,510 1,566 1,547 1,901
OPM % 21% 19% 21% 24% 24% 27% 28% 27% 31% 31% 30% 33%
48 115 32 7 41 26 68 49 30 26 42 57
Interest 0 0 0 0 0 0 2 10 7 6 5 5
Depreciation 44 51 75 111 133 157 159 198 182 177 175 172
Profit before tax 663 728 780 835 851 983 1,143 1,043 1,350 1,409 1,410 1,781
Tax % 25% 26% 28% 30% 32% 32% 32% 22% 23% 23% 26% 26%
497 540 559 581 577 673 776 816 1,035 1,078 1,047 1,324
EPS in Rs 18.26 19.85 20.55 21.37 21.23 24.76 28.52 30.02 38.07 39.65 38.50 48.67
Dividend Payout % 77% 68% 58% 47% 47% 97% 81% 93% 100% 101% 101% 88%
Compounded Sales Growth
10 Years: 5%
5 Years: 5%
3 Years: 5%
TTM: 9%
Compounded Profit Growth
10 Years: 11%
5 Years: 12%
3 Years: 9%
TTM: 27%
Stock Price CAGR
10 Years: 14%
5 Years: 22%
3 Years: 21%
1 Year: 70%
Return on Equity
10 Years: 63%
5 Years: 68%
3 Years: 70%
Last Year: 75%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 14 14 14 27 27 27 27 27 27 27 27 27
Reserves 476 586 757 1,004 1,247 1,497 1,420 1,567 1,139 1,707 1,689 1,847
0 0 0 0 0 0 83 102 91 83 69 72
817 894 932 972 1,037 1,039 1,097 908 1,637 1,084 1,098 1,250
Total Liabilities 1,307 1,493 1,702 2,003 2,311 2,564 2,626 2,604 2,894 2,902 2,883 3,197
281 556 782 1,008 1,108 1,146 1,191 1,123 1,065 963 862 794
CWIP 102 142 141 78 167 159 199 190 145 122 114 110
Investments 47 37 37 31 31 31 31 19 19 0 0 0
877 759 742 885 1,005 1,228 1,206 1,272 1,666 1,817 1,907 2,292
Total Assets 1,307 1,493 1,702 2,003 2,311 2,564 2,626 2,604 2,894 2,902 2,883 3,197

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
615 457 638 689 688 694 983 930 784 1,626 1,176 1,199
-47 -180 -272 -237 -342 -207 -96 -19 71 -108 -8 79
-428 -422 -385 -391 -341 -380 -815 -891 -956 -1,091 -1,087 -1,195
Net Cash Flow 140 -145 -18 61 5 107 73 20 -101 427 82 83

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 9 6 6 10 12 18 17 11 9 16 11 11
Inventory Days 54 59 63 72 72 56 58 69 79 78 68 63
Days Payable 136 130 128 136 148 152 144 142 179 169 155 187
Cash Conversion Cycle -73 -65 -59 -55 -63 -79 -68 -63 -91 -75 -76 -113
Working Capital Days -49 -47 -40 -43 -39 -33 -36 -21 -83 -24 -31 -45
ROCE % 144% 122% 114% 96% 74% 71% 73% 65% 92% 92% 79% 97%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
51.00% 51.00% 51.00% 51.00% 51.00% 51.00% 51.00% 51.00% 51.00% 51.00% 51.00% 51.00%
18.61% 19.14% 18.02% 18.64% 18.70% 19.46% 21.11% 21.50% 21.80% 24.08% 24.62% 24.51%
8.21% 7.42% 8.17% 8.07% 8.83% 8.99% 7.55% 7.34% 7.52% 5.59% 5.60% 5.82%
0.28% 0.28% 0.28% 0.28% 0.29% 0.28% 0.28% 0.28% 0.28% 0.28% 0.28% 0.28%
21.89% 22.16% 22.53% 22.01% 21.19% 20.25% 20.05% 19.87% 19.41% 19.03% 18.50% 18.38%
No. of Shareholders 2,36,6842,54,9333,07,1013,07,5862,84,8492,75,5242,72,8622,66,8272,52,9552,37,9072,38,2002,31,061

* 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.

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Documents

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