GODREJ CONSUMER PRODUCTS has highlighted a flat domestic UVG (underlying volume growth) for Q3FY25E in its mid-quarter update, marking a significant slowdown from the 7-8% growth seen in 1HFY25. The deceleration is attributed to a weak home insecticides (HI) season and inflationary pressures in soaps. The company now expects India business EBITDA margins to fall below 24%, compared to the earlier guidance of 24-25%, indicating margin pressures.
In response, we have revised down FY2025-27E EPS estimates by 4% and adjusted the fair value (FV) to ₹1,365, valuing Godrej Consumers at 50x Dec 2026E PE. While near-term challenges persist, we remain positive on the companies' long-term prospects and will monitor the progress of RNF LV (ready-to-use natural formats in liquid vaporisers) and market share trends in soaps through 1HCY25.
Denne historien er fra December 10, 2024-utgaven av Financial Express Kolkata.
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Denne historien er fra December 10, 2024-utgaven av Financial Express Kolkata.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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'Had fun but it's time': Ashwin bows out of internationals with shock retirement call
RASHWIN STOOD in the corridor outside the press conference room after the third Test ended in a draw. Captain Rohit Sharma, walking just ahead of him, gestured to the waiting journalists. \"Sab pata chalega abhi (everything will be known now),\" he said with a laugh, perhaps in reference to the buzz in the press box and on social media about the possible retirement of a \"big player\".
US announces H-1B visa overhaul, Indian techies to benefit
TO TAKE EFFECT IN MID-JANUARY
Navy boat hits ferry off Mumbai coast, 13 dead
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Free healthcare for senior citizens: Kejriwal
AHEAD OF DELHI Assembly elections next year, AAP national convener and former CM Arvind Kejriwal announced that all citizens of Delhi aged above 60 will get free medical care in government and private hospitals if his party returns to power. The scheme, called Sanjeevani, will not have an income cap for eligibility, he said.
Trump threatens to impose reciprocal tariffs on India
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Opposition seeks Shah's resignation
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Drones deliver new hope to farmers
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Walmart has a tough battle ahead in India
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