Bajaj Consumer Care Latest Updates

Recent Business Developments Acquisition of Vishal Personal Care: The company completed the acquisition of a 100% stake in Vishal Personal Care Pvt. Ltd., which owns the "Banjaras" brand. This acquisition, for an estimated value of ₹120 crore, is aimed at expanding Bajaj Consumer Care's presence in South India and leveraging the growing demand for natural and Ayurvedic personal care products. The company plans to introduce the Banjara's brand in Hindi-speaking markets as well. Leadership Change: Naveen Pandey was appointed as the new Managing Director of Bajaj Consumer Care, effective July 1, 2025. He replaced Jaideep Nandi, whose five-year tenure concluded on June 30, 2025. Financial Performance Q1 FY26 Results: The company reported a profit of ₹37.93 crore in the first quarter of fiscal year 2025-26, showing a marginal increase of 2.18% year-on-year. Revenue from operations for the quarter stood at ₹266.69 crore, an 8.44% increase compared to the same period in the previous fiscal year. Product Performance: The flagship product, Almond Drops Hair Oil (ADHO), saw a 4% growth in Q1 FY26, with small packs and sachets showing particularly strong performance. The company's Bajaj 100% Pure Coconut Oil also recorded growth of over 20%. Corporate Actions Share Buyback: The company has approved a share buyback program to acquire up to 64.34 lakh equity shares, representing 4.69% of its total paid-up capital. The buyback will be conducted through a tender offer route at a price of ₹290 per share, with a maximum outlay of ₹186.60 crore. The record date for the buyback was set as September 5, 2025. The promoters have stated their intention not to participate in the buyback.