GCPL

Nomura sees GCPL, Tata Consumer, Marico, and Britannia as the key near-term winners of the commodity downcycle.

FMCG major Godrej Consumer Products Ltd (GCPL) has completed the acquisition of Muuchstac in a Rs 450-crore deal and its promoters would continue to be in the driving seat, running the business. GCPL Managing Director and CEO Sudhir Sitapati, in a post on social media platform LinkedIn, said its founders "Vishal and Ronak will continue to run this business with GCPL supporting them". Moreover, GCPL, which is increasing its investment in high-margin categories, is looking for more new-age D2C businesses as Muuchstac. "If anyone else knows of a new-age D2C business with numbers as good as this one, please write a comment or DM me," said Sitapati. Last month, GCPL had announced the signing of a definitive agreement to acquire the FMCG business of Triology Solutions, operating primarily in the male grooming category with 'Muuchstac' brand via slump sale to "drive profitable growth". Muuchstac was founded in 2017 by two boys from Bhayander -- Vishal Lohia and Ronak Bagadia. "On 10 Nov

Analysts see short-term pain from GST disruption but expect recovery in H2FY26 as palm oil costs ease, home care stays strong, and new categories drive growth

Implementation of new GST slabs to lower the duty has resulted in some short-term adjustments across trade in the domestic market, Godrej Consumer Products Ltd (GCPL) said while projecting a 'low-single digit' volume growth on a standalone basis in the September quarter. The GST rate reductions have resulted in some short-term adjustments across trade channels, as distributors and retailers focused on liquidating existing inventories, said Godrej Consumer in its quarterly updates. This has delayed the flow of new orders and temporarily deferred consumer purchases, impacting both growth and profitability, the FMCG business of Godrje Industries Group added. "Consequently, our Standalone business is expected to deliver mid-single digit value growth, supported by low-single digit UVG," it said. However, GCPL, which markets brands as Cinthol, Godrej No1, Good Knight and HIT, said the government's recent GST reforms represent an 'encouraging step' towards strengthening consumer ...

This storage facility is spread across 2.84 lakh square feet

Nifty 50 has corrected 10 per cent from its peak in September 2024, Goldman Sachs said, driven by cuts in EPS growth following a slower macro as well as a sharp correction in valuation multiples

In the near term, GCPL's India profitability may continue to face pressure given modest volume growth and higher input cost

Godrej Consumer believes that due to an increase in soap prices, unseasonal rainfall, and slowdown in sales of its home insecticides (HI) segment a 'flattish' underlying volume growth

Stocks to Watch, Dec 9: Here is a list of stocks from Adani group shares to GCPL that will remain in focus today

GCPL said it expects a "flattish" earnings growth in the domestic market in the September quarter as higher palm oil prices added to input costs

The fall in the stock price came after the company's June quarter (Q1FY25) numbers missed the street estimates.

FMCG major Godrej Consumer's advertising investment shot up by 47 per cent to Rs 1,011 crore in FY24 in the domestic market, even as it has reduced SKUs by around 30 per cent through a rationalisation process. Godrej Consumer Products Ltd (GCPL), which aims for double-digit volume growth, is spending more on brands, automation and SKU rationalisation with a "keen focus on simplification", according to the latest annual report of the company. "In line with our strategy of category development, we have made significant investments in advertising. We were the fifth largest advertiser in India in 2023, from being number 17 in 2021. We are adding to this with investments in distribution," GCPL Managing Director and CEO Sudhir Sitapati said. GCPL's spending on 'Advertising and Publicity' was Rs 1,011 crore for the financial year ended March 2024. This was 47 per cent higher than Rs 687.34 crore a year before. "In India, we are now spending over Rs 1,000 crore in advertising, from Rs 350-

One-time costs related to loss on sale of subsidiaries, employee severance

Consumers are spending more on a variety of the company's offerings, from Cinthol soap to Godrej Expert hair colour

FMCG major Godrej Consumer Products Ltd on Wednesday reported a 6.35 per cent increase in consolidated net profit to Rs 581.06 crore in the December quarter, aided by volume growth in the domestic market. It had posted a net profit of Rs 546.34 crore in the year-ago period, said Godrej Consumer Products Ltd (GCPL) in a BSE filing. Revenue from the sale of products of the Godrej group's FMCG arm was up 1.54 per cent to Rs 3,622.80 crore in the third quarter of the ongoing fiscal. It was Rs 3,567.72 crore in the corresponding period of the last fiscal. GCPL's total expenses in the December quarter was down 1 per cent at Rs 2,939.39 crore. Total revenue of GCPL during the quarter was Rs 3,729.72 crore, up 2.4 per cent. GCPL Managing Director and CEO Sudhir Sitapati said, "We continued to deliver steady performance in the third quarter despite challenging market conditions." "Our consolidated volumes grew 8 per cent, led by the India business growing volumes at 12 per cent and Indone

FMCG maker Godrej Consumer Products Ltd (GCPL) on Friday said the devaluation of the Argentine Peso by the recently elected government in Argentina has resulted in a "negative mid-single digit impact" on its consolidated sales for the December quarter. The new Argentinian government is taking various measures to improve the economic conditions and one of them was to devalue the Argentine Peso to the US Dollar. In December 2023, the Argentine Peso to the US Dollar was devalued from 361 to 808, as the Argentinian economy is facing hyperinflationary pressures. The IndAS 29 (Indian accounting standards) mandates the YTD statement of Profit and Loss to be translated at the closing rate for presentation in consolidated financial statements, said the Godrej Group FMCG arm in a regulatory statement. It mandates all amounts to be restated into the measuring unit at the end of the reporting period by applying a general price index. "Hence, the impact of the devaluation of the Argentine Peso

FMCG major Godrej Consumer Products Ltd (GCPL) on Wednesday reported a 20.6 per cent increase in consolidated net profit to Rs 432.77 crore in the second quarter ended September, helped by double-digit volume growth and improved margins. The company posted a net profit of Rs 358.86 crore in the July-September period last year, according to a regulatory filing. Revenue from the sale of products of Godrej group's FMCG arm was up 6.06 per cent at Rs 3,568.36 crore during the second quarter of the current fiscal. In the year-ago period, the same stood at Rs 3,364.45 crore. The consolidated sales growth of 6 per cent is "led by volume growth of 10 per cent," said an earnings statement from GPCL, which owns brands such as Good Knight, Cinthol and HIT. Similarly, its revenue from operations was also up 6.19 per cent in the September quarter to Rs 3,601.95 crore. GCPL's total expenses during the quarter under review rose 2.86 per cent to Rs 3,035.97 crore. The total income of GCPL in the

FMCG major Godrej Consumer Products Ltd (GCPL) on Wednesday reported a 20.6 per cent increase in consolidated net profit to Rs 432.77 crore for the second quarter ended September. The company had posted a net profit of Rs 358.86 crore in the July-September period last year, according to a regulatory filing. Revenue from the sale of products of Godrej group's FMCG arm was up 6.06 per cent at Rs 3,568.36 crore during the second quarter of the current fiscal. In the year-ago period, the same stood at Rs 3,364.45 crore. Similarly, its revenue from operations was up 6.19 per cent in the September quarter to Rs 3,601.95 crore. GCPL's total expenses during the quarter under review rose 2.86 per cent to Rs 3,035.97 crore. Total income of GCPL in the September quarter was at Rs 3,667.88 crore, up 6.87 per cent compared to the year-ago period. Shares of the company declined 1.68 per cent to close at Rs 975.90 on the BSE.

GCPL's total market capitalisation is around Rs 1.08 lakh crore, as per information available on BSE

'This acquisition allows us to complement our business portfolio and growth strategy with the under-penetrated categories'