Colgate Q1 PAT may rise 9.1% at Rs 128.1 cr: Emkay
Emkay Equity Advisory expects Colgate Palmolive (India) to report a 3.9 percent growth quarter-on-quarter (growth of 9.1 percent year-on-year) in net profit at Rs 128.1 crore.
July 29, 2013 / 11:26 IST
Emkay Equity Advisory has come out with its first quarter (April-June) earnings estimates for the consumer goods sector. The brokerage house expects Colgate Palmolive (India) to report a 3.9 percent growth quarter-on-quarter (growth of 9.1 percent year-on-year) in net profit at Rs 128.1 crore.
Revenues are expected to increase by 3.7 percent Q-o-Q (up 14.4 percent Y-o-Y) to Rs 841.7 crore, according to Emkay Equity Advisory.Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.2 percent Q-o-Q (up 17.2 percent Y-o-Y) to Rs 166.9 crore.EBITDA margin is likely to be at 19.8 percent in June quarter as against 18.3 percent in March quarter and 19.4 percent in a year ago period.Emkay Equity Advisory report on Colgate Pamolive (India)Expect volume growth of 10 percent and price growth of 4 percent Y-o-Y. With competition increasing owing to launch of P&G in toothpaste, we expect media activity to rise and thus ad spends for Colgate is expected to increase. Key matrix (1) Revenue growth of 14 percent Y-o-Y to Rs 8.4 billion (2) EBITDA growth at 17 percent Y-o-Y to Rs 1.7 billion and (3) Apat growth at 9 percent Y-o-Y to Rs 1.3 billion due to lower other income. Expect EBIDTA margins to rise 40bps Y-o-Y to 19.8 percent. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!