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Company Profile

COLGATE-PALMOLIVE (INDIA) LTD.

NSE : COLPALBSE : 500830ISIN CODE : INE259A01022Industry : Household & Personal ProductsHouse : Colgate-Palmolive - MNC
BSE2809.00-50.65 (-1.77 % )
PREV CLOSE (Rs.) 2859.65
OPEN PRICE (Rs.) 2866.80
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 18541
TODAY'S LOW / HIGH (Rs.)2801.15 2887.05
52 WK LOW / HIGH (Rs.)1567.65 2961.15
NSE2819.95 -39.4 (-1.38 % )
PREV CLOSE(Rs.) 2859.35
OPEN PRICE (Rs.) 2867.90
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 2819.95 (410 )
VOLUME 326009
TODAY'S LOW / HIGH(Rs.) 2800.00 2888.45
52 WK LOW / HIGH (Rs.)1568 2960.9

Company News

Date Heading Details
30-Apr-2024 Colgate Palmolive's personal care brand launches body wash campaign <p style="text-align: justify;">Palmolive, the personal care brand from Colgate-Palmolive (India), has launched its first-ever mega campaign featuring its body wash range. In this campaign, Palmolive showcases its hero Aroma range comprising 5 variants, including the 3 newly launched variants, each crafted with unique fragrances Absolute Relax, Morning Boost, Forever Happy, Sweet Delight, Alluring Love. Infused with extracts of rich, natural ingredients, Palmolive body washes are crafted to transform daily showers into an aromatic, sensorial experience.</p><p style="text-align: justify;">Palmolive defines an elevated category code with this campaign, using the contrast of the chaos of urban life intersecting with dreamy shower moments. Amidst the rushedness of city living, the protagonist finds a moment to slow down with the aromas of Palmolive body wash.&nbsp;</p><p style="text-align: justify;">Colgate Palmolive (India) has trusted brands for dental care, personal care, home care and professional oral care. The company is the fastest growing and one of the oldest companies catering to the personal care products.</p><div style="text-align: justify;"><br></div>
30-Apr-2024 Colgate Palmolive rises on the BSE <p style="text-align: justify;">Colgate-Palmolive (India) is currently trading at Rs. 2853.30, up by 26.80 points or 0.95% from its previous closing of Rs. 2826.50 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 2820.05 and has touched a high and low of Rs. 2861.80 and Rs. 2756.00 respectively. So far 24697 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2875.00 on 29-Apr-2024 and a 52 week low of Rs. 1562.40 on 05-May-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 2875.00 and Rs. 2680.40 respectively. The current market cap of the company is Rs. 77632.86 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 51.00%, while Institutions and Non-Institutions held 30.61% and 18.39% respectively.</p><p style="text-align: justify;">Palmolive, the personal care brand from Colgate-Palmolive (India), has launched its first-ever mega campaign featuring its body wash range. In this campaign, Palmolive showcases its hero Aroma range comprising 5 variants, including the 3 newly launched variants, each crafted with unique fragrances Absolute Relax, Morning Boost, Forever Happy, Sweet Delight, Alluring Love. Infused with extracts of rich, natural ingredients, Palmolive body washes are crafted to transform daily showers into an aromatic, sensorial experience.</p><p style="text-align: justify;">Palmolive defines an elevated category code with this campaign, using the contrast of the chaos of urban life intersecting with dreamy shower moments. Amidst the rushedness of city living, the protagonist finds a moment to slow down with the aromas of Palmolive body wash.&nbsp;</p><p style="text-align: justify;">Colgate Palmolive (India) has trusted brands for dental care, personal care, home care and professional oral care. The company is the fastest growing and one of the oldest companies catering to the personal care products.</p>
03-Apr-2024 Quick Heal Technologies, Sunteck Realty and Mahindra Finance to see some action today <p style="text-align: justify;"><b>Quick Heal Technologies</b>' enterprise arm -- Seqrite has entered into a strategic partnership with M. Tech Solutions (India), appointing them as its Value-Added Distributor (VAD) for the Indian market. This collaboration aims to significantly expand Seqrite's presence in India and solidify its position further in the crucial Enterprise and Government segments.</p><p style="text-align: justify;"><b>Sunteck Realty</b> (SRL) is expanding its annuity income business of its commercial portfolio as it enters a long term understanding/ agreement of its second premium commercial building at BKC Junction, Sunteck Icon, to Bennett, Coleman &amp; Co.&nbsp; The built-up area of Sunteck Icon is approximately 2 lakh square feet with an approximate rental of Rs 300 per Sq. Ft. per month on carpet area basis. This will allow the company to generate a revenue of close to Rs 2,000 crore over the tenure of 29 years.&nbsp;&nbsp;</p><p style="text-align: justify;"><b>Mahindra &amp; Mahindra Financial Services</b> (Mahindra Finance) has reported overall disbursement at around Rs 6,100 crore in March 2024, delivering a 9% growth over March 2023. The Q4FY24 disbursements at about Rs 15,300 crore registered a growth of 11% Year-on-Year (Y-o-Y) and for the full year disbursement at around Rs 56,200 crore registered a growth of 13% Y-o-Y.</p><p style="text-align: justify;"><b>Jammu &amp; Kashmir Bank</b> has signed Corporate Agency Agreement with New India Assurance Company for servicing and soliciting their insurance products through its Branch Network. The said agreement shall be operational/effective from April 02, 2024.&nbsp;&nbsp;</p><p style="text-align: justify;"><b>Colgate-Palmolive (India) </b>has launched the renewed Colgate Active Salt, setting a new benchmark in oral hygiene solutions with an improved formula that tackles oral problems right at their inception. Since 2005, Colgate Active Salt has served the nation by addressing early oral concerns, leveraging the unique benefits of salt ingrained in Indian oral care traditions. It is also Colgate's number 1 brand in Tamil Nadu. Building upon this legacy, the all new Colgate Active Salt introduces an improved and more potent formula to nip oral problems in the bud.</p><p style="text-align: justify;"><b>Maiden Forgings</b> (MFL) is one of the leading manufacturers of wide range of Bright Steel bars and wires from past 35 years has successfully acquired land nearly double the size of its current facilities, spanning about 4 acres. This aims to combine two of its current facilities into one and promptly acquire additional machinery to increase its capacity. Presently, the company currently operates plants at three distinct locations within Ghaziabad city. The company intends to get the new manufacturing facility operational by October this year. Following the completion of the transaction within this year, the company aims to enhance its operational efficiencies, decrease costs, and lower its overall debt. MFL anticipates being completely free of gross debt by the end of the FY 2024-25 after finalizing the transaction. This transaction allows the company to significantly increase both its gross and net profit margins, while also enhancing its gross sales in the upcoming financial years.</p><p style="text-align: justify;"><b>EPACK Durable </b>has received its 1st incentive under PLI Scheme for White Goods, from Government of India. The Company had made requisite investments as per terms of PLI approval, in the Target Segment of manufacturing of RAC Components during the Financial Year 2021-22 and subsequently, after audits and due diligence carried out by the nodal agencies appointed by the Government of India, the Company has received its 1st incentive of Rs 15 crore for the Financial year 2022-23, under the said Scheme.</p>
02-Apr-2024 Colgate-Palmolive launches renewed Colgate Active Salt <p style="text-align: justify;">Colgate-Palmolive (India) has launched the renewed Colgate Active Salt, setting a new benchmark in oral hygiene solutions with an improved formula that tackles oral problems right at their inception.</p><p style="text-align: justify;">Since 2005, Colgate Active Salt has served the nation by addressing early oral concerns, leveraging the unique benefits of salt ingrained in Indian oral care traditions. It is also Colgate's number 1 brand in Tamil Nadu. Building upon this legacy, the all new Colgate Active Salt introduces an improved and more potent formula to nip oral problems in the bud.</p><p style="text-align: justify;">Colgate Palmolive (India) has trusted brands for dental care, personal care, home care and professional oral care. The company is the fastest growing and one of the oldest companies catering to the personal care products.</p><div style="text-align: justify;"><br></div>
13-Mar-2024 Colgate-Palmolive (India) informs about investor presentation <div style="text-align: justify;">In furtherance to letter dated March 08, 2024 regarding intimation of Investor/Analyst meet to be held today i.e. March 13, 2024 at 09:30 am (IST), Colgate-Palmolive (India) has enclosed a presentation to be made by the Company at the said Analyst/Investor meet.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
13-Feb-2024 Colgate-Palmolive (India) informs about investor presentation <div style="text-align: justify;">In furtherance to letter dated February 7, 2024 regarding intimation of Investor/Analyst meet to be held today i.e. February 13, 2024 at 11.00 am (IST), Colgate-Palmolive (India) has enclosed a presentation to be made by the Company at the said Analyst/Investor meet.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
22-Jan-2024 Colgate Palmolive (India) reports 36% rise in Q3 net profit <p style="text-align: justify;">Colgate Palmolive (India) has reported results for third quarter ended December 31, 2023 (Q3FY24).&nbsp;</p><p style="text-align: justify;">The company has reported 35.71% rise in net profit at Rs 330.11 crore for the quarter ended December 31, 2023 as compared to Rs 243.24 crore for the same quarter in the previous year. Total income of the company increased by 8.59% at Rs 1413.54 crore for Q3FY24 as compared Rs 1301.68 crore for corresponding quarter of the previous year.</p><p style="text-align: justify;">Colgate Palmolive (India) has trusted brands for dental care, personal care, home care and professional oral care. The company is the fastest growing and one of the oldest companies catering to the personal care products.</p>
22-Jan-2024 Colgate-Palmolive (India) informs about outcome of board meeting <div style="text-align: justify;">Colgate-Palmolive (India) has informed that the Board of Directors at their meeting held today January 22, 2024, has approved the Unaudited Financial Results for the third quarter and nine months ended December 31, 2023. It enclosed the following: Unaudited Financial Results for the first quarter ended December 31, 2023; Company's Statement on the above Financial Results; and - Limited Review Report of the Auditors; approved the appointment of Sanjay Gupta (DIN: 05100297) as an Additional Director designated as Non-Executive, Independent Director, not liable to retire by rotation, for a first term of 5 (five) consecutive years with effect from January 22, 2024 till January 21, 2029, subject to the approval of the Members of the Company.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
31-Oct-2023 Colgate Palmolive gets Rs 170 crore transfer pricing order from Income Tax authorities <p style="text-align: justify;">Colgate Palmolive (India) has received a Rs 170 crore Transfer Pricing Order from Income Tax authorities disallowing 'certain' international transactions. The Transfer Pricing Order is for the financial year 2021-22. Transfer Pricing refers to the pricing of cross-border transactions between two related entities. The company will take this before the 'Dispute Resolution Panel' and is awaiting completion of the assessment proceedings.</p><p style="text-align: justify;">The company is awaiting completion of the Draft Assessment proceedings and post the same, an application will be made before the Dispute Resolution Panel (DRP). The Assessing Authority has disallowed certain international transactions of the company</p><p style="text-align: justify;">There is no impact on the financial, operation or other activities of the company due to this Transfer Pricing Order. The Dispute Resolution Panel is an Alternative Dispute Resolution (ADR) mechanism for resolving disputes related to Transfer Pricing in international transactions.</p><p style="text-align: justify;">Colgate Palmolive (India) has trusted brands for dental care, personal care, home care and professional oral care. The company is the fastest growing and one of the oldest companies catering to the personal care products.</p>
27-Oct-2023 Colgate-Palmolive jumps on reporting 22% rise in Q2 net profit <p style="text-align: justify;">Colgate-Palmolive (India) is currently trading at Rs. 2076.10, up by 43.60 points or 2.15% from its previous closing of Rs. 2032.50 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 2038.15 and has touched a high and low of Rs. 2088.30 and Rs. 2003.65 respectively. So far 20629 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2128.85 on 20-Oct-2023 and a 52 week low of Rs. 1434.60 on 30-Jan-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 2112.10 and Rs. 2003.65 respectively. The current market cap of the company is Rs. 56341.82 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 51.00%, while Institutions and Non-Institutions held 29.95% and 19.04% respectively.</p><p style="text-align: justify;">Colgate-Palmolive (India) has reported results for second quarter ended September 30, 2023 (Q2FY24).&nbsp;</p><p style="text-align: justify;">The company has reported 22.31% rise in its net profit at Rs 340.05 crore for Q2FY24 as compared to Rs 278.02 crore for the same quarter in the previous year. Total income of the company increased by 6.67% at Rs 1492.10 crore for Q2FY24 as compared Rs 1398.76 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">Colgate Palmolive (India) has trusted brands for dental care, personal care, home care and professional oral care. The company is the fastest growing and one of the oldest companies catering to the personal care products.&nbsp;</p>