COLPALNSEColgate Palmolive (India) Limited· Personal CareHighPositive
Announced Fri, 22 May · 17:02 IST

Colgate Palmolive (India) Limited has informed the Exchange that Board of Directors at its meeting held on May 22, 2026, declared Interim Dividend of Rs. 24 per equity share.

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Price reaction · full curve 14 horizons · vs prior close
-3.2%1-day move
₹2158.90
prior close
₹2185.70
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AI summary

Colgate-Palmolive (India) declared a Second Interim Dividend of Rs. 24 per share for FY26 (bringing total FY26 dividend to Rs. 48 per share), payable from June 17, 2026 to shareholders on record June 1, 2026. Q4 FY26 showed strong 9% year-on-year net sales growth to Rs. 1,583 Crore, with net profit at Rs. 353 Crore. For the full year, net sales were flat at Rs. 5,984 Crore, while net profit declined to Rs. 1,325 Crore from Rs. 1,437 Crore in FY25, impacted by inverted duty structure charges due to GST changes. The Board also approved re-appointment of CFO Jacob Sebastian Madukkakuzy as Whole-time Director & CFO for 5 years from October 2026, and scheduled the 85th AGM for July 29, 2026.

Likely market impact

The dividend of Rs. 48 per share for FY26 signals strong cash generation and shareholder returns, though full-year net profit decline reflects cost and tax headwinds. The Q4 sales acceleration is a positive indicator for business momentum heading into FY27.