Colgate-Palmolive India Q2FY27 revenue up 12%, PAT rises 4%

Colgate-Palmolive (India) Limited (COLPAL) has reported its Q2FY27 results. Total revenue stood at ₹1,705.79 crore, up 12.26% YoY and 6.39% QoQ. Total revenue was ₹1,705.79 crore versus ₹1,519.50 crore. EBITDA was ₹473.48 crore versus ₹465.43 crore (+1.73% YoY, -1.96% QoQ). EBITDA margin contracted to 27.76% from 30.63% YoY and 30.12% QoQ. PBT (excluding exceptional items) was ₹460.22 crore versus ₹442.28 crore (+4.06% YoY, -1.14% QoQ). PAT was ₹341.57 crore versus ₹327.51 crore (+4.29% YoY, -0.44% QoQ). Other income was ₹21.71 crore versus ₹15.03 crore YoY. The toothpaste portfolio delivered high-single-digit volume expansion, led by the Premium Toothpaste range and strong performance in Colgate MaxFresh. The board also declared an interim dividend of ₹24 per share. The key triggers are double-digit revenue growth and high-single-digit volume expansion in the toothpaste portfolio, though margin contraction limited profit growth. This reflects volume-led momentum supported by premiumisation, offset by higher brand investments. Peers in the oral care and personal care space such as Hindustan Unilever, Dabur, and Godrej Consumer Products may face comparison on volume growth and margin trends. Near-term prices could see a mixed reaction, with topline strength positive but margin pressure a watchpoint. Risks include sustained margin pressure from higher advertising spends or input costs, and slower volume growth in subsequent quarters. Competitors listed: Hindustan Unilever, Dabur, Godrej Consumer Products.