Colgate-Palmolive (India) Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:59 am

Market Cap	74,819 Cr.
Current Price	2,751
High / Low	3,893/2,379
Stock P/E	50.9
Book Value	60.8
Dividend Yield	1.74 %
ROCE	96.8 %
ROE	74.5 %
Face Value	1.00
PEG Ratio	7.03

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Honasa Consumer Ltd	8,436 Cr.	260	547/222	112	35.5	0.00 %	17.1 %	%	10.0
Ambica Agarbathies Aroma & Industries Ltd	53.2 Cr.	31.0	43.2/23.2	35.5	60.6	0.00 %	5.07 %	3.65 %	10.0
Ador Multi Products Ltd	14.5 Cr.	31.0	45.9/27.6		23.2	0.00 %	33.6 %	26.7 %	10.0
Kaya Ltd	485 Cr.	370	702/267		106	0.00 %	80.4 %	%	10.0
Jyothy Labs Ltd	13,803 Cr.	376	596/367	36.7	51.4	0.93 %	27.0 %	21.2 %	1.00
Industry Average	70,915.79 Cr	2,141.78		53.05	103.86	0.72%	36.43%	29.37%	4.94

All Competitor Stocks of

Quarterly Result

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Sales	1,352	1,280	1,301	1,197	1,387	1,291	1,351	1,324	1,471	1,396	1,490	1,497	1,619
Expenses	952	900	872	871	979	930	899	906	989	927	958	988	1,122
Operating Profit	401	381	429	326	408	361	452	418	482	468	532	508	497
OPM %	30%	30%	33%	27%	29%	28%	33%	32%	33%	34%	36%	34%	31%
Other Income	7	6	9	2	11	10	18	-5	21	18	23	23	76
Interest	2	2	1	1	1	1	1	1	1	2	1	1	1
Depreciation	45	44	44	44	44	44	43	44	44	41	42	42	42
Profit before tax	361	341	393	282	374	327	426	369	458	443	511	489	530
Tax %	25%	26%	18%	26%	26%	26%	26%	26%	26%	26%	26%	26%	26%
Net Profit	269	252	324	210	278	243	316	274	340	330	380	364	395
EPS in Rs	9.90	9.28	11.90	7.71	10.22	8.94	11.63	10.06	12.50	12.14	13.96	13.38	14.52

Last Updated: October 26, 2024, 2:56 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 26, 2024, 2:56 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	3,164	3,579	3,982	3,868	3,982	4,188	4,462	4,525	4,841	5,100	5,226	5,680	6,001
Expenses	2,505	2,915	3,159	2,929	3,038	3,074	3,226	3,323	3,331	3,534	3,679	3,779	3,995
Operating Profit	659	664	823	940	944	1,114	1,236	1,202	1,510	1,566	1,547	1,901	2,006
OPM %	21%	19%	21%	24%	24%	27%	28%	27%	31%	31%	30%	33%	33%
Other Income	48	115	32	7	41	26	68	49	30	26	42	57	140
Interest	0	0	0	0	0	0	2	10	7	6	5	5	5
Depreciation	44	51	75	111	133	157	159	198	182	177	175	172	167
Profit before tax	663	728	780	835	851	983	1,143	1,043	1,350	1,409	1,410	1,781	1,974
Tax %	25%	26%	28%	30%	32%	32%	32%	22%	23%	23%	26%	26%
Net Profit	497	540	559	581	577	673	776	816	1,035	1,078	1,047	1,324	1,469
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	54.00
Dividend Payout %	77%	68%	58%	47%	47%	97%	81%	93%	100%	101%	101%	119%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	8.65%	3.52%	3.94%	-0.69%	16.64%	15.30%	5.15%	26.84%	4.15%	-2.88%	26.46%
Change in YoY Net Profit Growth (%)	0.00%	-5.13%	0.42%	-4.62%	17.33%	-1.33%	-10.15%	21.68%	-22.68%	-7.03%	29.33%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	5%
5 Years:	5%
3 Years:	5%
TTM:	10%

Compounded Profit Growth
10 Years:	11%
5 Years:	12%
3 Years:	9%
TTM:	24%

Stock Price CAGR
10 Years:	12%
5 Years:	13%
3 Years:	23%
1 Year:	14%

Return on Equity
10 Years:	63%
5 Years:	68%
3 Years:	70%
Last Year:	75%

Last Updated: Unknown

Balance Sheet

Last Updated: October 26, 2024, 2:57 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	14	14	14	27	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	1,626
Borrowings	0	0	0	0	0	0	83	102	91	83	69	72	70
Other Liabilities	817	894	932	972	1,037	1,039	1,097	908	1,637	1,084	1,098	1,250	1,525
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	3,248
Fixed Assets	281	556	782	1,008	1,108	1,146	1,191	1,123	1,065	963	862	794	822
CWIP	102	142	141	78	167	159	199	190	145	122	114	110	31
Investments	47	37	37	31	31	31	31	19	19	0	0	0	0
Other Assets	877	759	742	885	1,005	1,228	1,206	1,272	1,666	1,817	1,907	2,292	2,395
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	3,248

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	615	457	638	689	688	694	983	930	784	1,626	1,176	1,199
Cash from Investing Activity +	-47	-180	-272	-237	-342	-207	-96	-19	71	-108	-8	79
Cash from Financing Activity +	-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

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	659.00	664.00	823.00	940.00	944.00	1.00	-82.00	-101.00	-90.00	-82.00	-68.00	-71.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	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%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	51.00%	51.00%	51.00%	51.00%	51.00%	51.00%	51.00%	51.00%	51.00%	51.00%	51.00%	51.00%
FIIs	18.02%	18.64%	18.70%	19.46%	21.11%	21.50%	21.80%	24.08%	24.62%	24.51%	24.44%	24.94%
DIIs	8.17%	8.07%	8.83%	8.99%	7.55%	7.34%	7.52%	5.59%	5.60%	5.82%	5.72%	5.55%
Government	0.28%	0.28%	0.29%	0.28%	0.28%	0.28%	0.28%	0.28%	0.28%	0.28%	0.28%	0.28%
Public	22.53%	22.01%	21.19%	20.25%	20.05%	19.87%	19.41%	19.03%	18.50%	18.38%	18.54%	18.22%
No. of Shareholders	3,07,101	3,07,586	2,84,849	2,75,524	2,72,862	2,66,827	2,52,955	2,37,907	2,38,200	2,31,061	2,48,801	2,39,193

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India Multi Cap Fund	500,473	0.49	135.65	341,321	2024-12-21	46.63%
Nippon India Large Cap Fund	497,594	0.55	134.87	341,321	2024-12-21	45.78%
Franklin India Prima Fund	450,000	1.21	121.97	341,321	2024-12-21	31.84%
NJ Balanced Advantage Fund	345,381	2.36	93.61	341,321	2024-12-21	1.19%
Nippon India ETF Nifty Next 50 Junior BeES	341,321	1.98	92.51	341,321	2024-12-21	0%
NJ Flexi Cap Fund	187,246	4.68	50.75	341,321	2024-12-21	-45.14%
Franklin India Equity Advantage Fund	169,458	1.46	45.93	341,321	2024-12-21	-50.35%
Axis Growth Opportunities Fund	123,167	0.28	33.38	341,321	2024-12-21	-63.91%
Baroda BNP Paribas Midcap Fund	105,000	1.59	28.46	341,321	2024-12-21	-69.24%
Templeton India Equity Income Fund	100,000	1.31	27.1	341,321	2024-12-21	-70.7%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	48.67	38.50	39.65	38.07	30.02
Diluted EPS (Rs.)	48.67	38.50	39.65	38.07	30.02
Cash EPS (Rs.)	54.97	44.93	46.16	44.78	37.30
Book Value[Excl.RevalReserv]/Share (Rs.)	68.91	63.11	63.78	42.86	58.61
Book Value[Incl.RevalReserv]/Share (Rs.)	68.91	63.11	63.78	42.86	58.61
Dividend / Share (Rs.)	58.00	39.00	40.00	38.00	28.00
Revenue From Operations / Share (Rs.)	208.85	192.15	187.50	178.00	166.37
PBDIT / Share (Rs.)	72.70	58.85	58.54	56.62	45.99
PBIT / Share (Rs.)	66.39	52.42	52.02	49.91	38.71
PBT / Share (Rs.)	65.49	51.83	51.80	49.64	38.36
Net Profit / Share (Rs.)	48.67	38.50	39.65	38.07	30.02
PBDIT Margin (%)	34.80	30.62	31.22	31.80	27.64
PBIT Margin (%)	31.79	27.28	27.74	28.04	23.26
PBT Margin (%)	31.35	26.97	27.62	27.89	23.05
Net Profit Margin (%)	23.30	20.03	21.14	21.38	18.04
Return on Networth / Equity (%)	70.61	61.00	62.16	88.80	51.21
Return on Capital Employeed (%)	92.26	79.28	77.76	106.38	60.73
Return On Assets (%)	41.40	36.32	37.15	35.77	31.35
Asset Turnover Ratio (%)	1.87	1.81	1.76	1.76	1.73
Current Ratio (X)	1.54	1.43	1.37	0.84	1.16
Quick Ratio (X)	1.30	1.12	1.04	0.64	0.82
Inventory Turnover Ratio (X)	4.61	4.31	3.95	3.95	4.95
Dividend Payout Ratio (NP) (%)	88.35	101.29	47.92	141.85	66.62
Dividend Payout Ratio (CP) (%)	78.22	86.80	41.15	120.59	53.62
Earning Retention Ratio (%)	11.65	-1.29	52.08	-41.85	33.38
Cash Earning Retention Ratio (%)	21.78	13.20	58.85	-20.59	46.38
Interest Coverage Ratio (X)	395.76	325.74	270.10	212.15	130.09
Interest Coverage Ratio (Post Tax) (X)	269.83	216.38	183.92	143.63	85.91
Enterprise Value (Cr.)	72358.90	40063.94	41171.93	41551.30	33657.22
EV / Net Operating Revenue (X)	12.74	7.67	8.07	8.58	7.44
EV / EBITDA (X)	36.59	25.03	25.86	26.98	26.91
MarketCap / Net Operating Revenue (X)	12.98	7.84	8.22	8.76	7.53
Retention Ratios (%)	11.64	-1.29	52.07	-41.85	33.37
Price / BV (X)	39.34	23.88	24.17	36.38	21.38
Price / Net Operating Revenue (X)	12.98	7.84	8.22	8.76	7.53
EarningsYield	0.01	0.02	0.02	0.02	0.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 2,345.68

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 22, 2024, is Overvalued by 14.73% compared to the current share price 2,751.00

Intrinsic Value of as of December 22, 2024 is: 2,515.54

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Overvalued by 8.56% compared to the current share price 2,751.00

Last 5 Year EPS CAGR: 7.24%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 93.25%, which is a positive sign. The stock has a low average Working Capital Days of -40.92, which is a positive sign. The stock has a low average Cash Conversion Cycle of -73.33, which is a positive sign. The company has higher reserves (1,274.00 cr) compared to borrowings (43.85 cr), indicating strong financial stability. The company has shown consistent growth in sales (4.00 cr) and profit (372.85 cr) over the years.

Strength

Weakness

The stock has a high average ROCE of 93.25%, which is a positive sign.
The stock has a low average Working Capital Days of -40.92, which is a positive sign.
The stock has a low average Cash Conversion Cycle of -73.33, which is a positive sign.
The company has higher reserves (1,274.00 cr) compared to borrowings (43.85 cr), indicating strong financial stability.
The company has shown consistent growth in sales (4.00 cr) and profit (372.85 cr) over the years.

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
1. Net Profit Margin: 23.3%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 92.26% (Industry Average ROCE: 36.43%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 70.61% (Industry Average ROE: 29.37%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 269.83
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.3
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 50.9 (Industry average Stock P/E: 53.05)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Colgate-Palmolive (India) Ltd. is a Public Limited Listed company incorporated on 23/09/1937 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24200MH1937PLC002700 and registration number is 002700. Currently Company is involved in the business activities of Manufacture of other chemical products. Company’s Total Operating Revenue is Rs. 5099.78 Cr. and Equity Capital is Rs. 27.20 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Personal Care	Colgate Research Centre, Main Street, Mumbai Maharashtra 400076	investors_grievance@colpal.com http://www.colgatepalmolive.co.in

Management
Name	Position Held
Mr. Mukul Deoras	Chairman
Ms. Prabha Narasimhan	Managing Director & CEO
Mr. M S Jacob	WholeTime Director & CFO
Mr. Surender Sharma	Whole Time Director
Mr. Sekhar Natarajan	Ind. Non-Executive Director
Ms. Gopika Pant	Ind. Non-Executive Director
Dr. Indu Bhushan	Ind. Non-Executive Director
Mr. Sanjay Gupta	Ind. Non-Executive Director
Ms. Sukanya Kripalu	Ind. Non-Executive Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹2345.68, which is 14.73% lower than the current market price of ₹2,751.00. The stock has a market capitalization of 74,819 Cr. and recorded a high/low of 3,893/2,379 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,626 Cr and total liabilities of ₹3,248 Cr.

What is the Market Cap of ?

The Market Cap of is 74,819 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 2,751.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 3,893/2,379.

What is the Stock P/E of ?

The Stock P/E of is 50.9.

What is the Book Value of ?

The Book Value of is 60.8.

What is the Dividend Yield of ?

The Dividend Yield of is 1.74 %.

What is the ROCE of ?

The ROCE of is 96.8 %.

What is the ROE of ?

The ROE of is 74.5 %.

What is the Face Value of ?

The Face Value of is 1.00.