Godrej Consumer Products Limited has informed the Exchange about Transcript
GODREJCP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Godrej Consumer Products reported Q1 FY26 results showing consolidated revenue growth of 10% in INR terms with 8% underlying volume growth, but EBITDA declined 3%. India business grew 8% in revenue and 5% in volume, while EBITDA fell 6% due to weakness in soaps from sharp grammage cuts (~40% of portfolio) and a poor May season. Excluding soaps, the India business delivered a strong mid-teens volume growth, with household insecticides (especially Electrics), air fresheners, and laundry liquids performing well. Internationally, Africa stood out with 30% sales growth and 15% EBITDA growth, Latin America stayed in double-digit EBITDA margins, while Indonesia was pressured by macro headwinds and competitive pricing.
Short-term: H1 FY26 standalone EBITDA margins are expected to stay below the normal range, and Indonesia margins remain under pressure. Positive for shareholders: management has clearly guided for sequential margin recovery in H2 FY26, targeting close to normative margins, driven by palm oil cost benefits, 150-200 bps A&P savings, and recovery in soaps — supporting full-year double-digit consolidated EBITDA growth.