Best headlight restoration kits to revive your vehicle's shine
There's an old story that you can shine up your headlights with the strenuous application of toothpaste, and in theory, this makes a bit of sense. The contents of a tube of Colgate are abrasive and can be used to buff scratches out of a DVD if you're careful and don't go too deep. In reality, though, headlight plastic is a bit tougher and thicker than the surface of a shiny video disc, and if you attempt to restore them with toothpaste, you'll be doing a lot of work for little gain.
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Time of India
6 hours ago
- Time of India
Colgate brushes up plan to woo the great Indian middle class
India will account for probably the biggest contribution to the middle class in the world over the next decade, said Noel Wallace, global chief executive officer at Colgate-Palmolive , adding that the country is its top priority. "Middle class is everything to our businesses. That drives premiumisation. That drives penetration in the categories. That drives per capita consumption. So, long term, we are very bold on India," he said, addressing the dbAccess Global Consumer Conference. "We have seen a little bit of a slowdown in urban (areas). But long term, a huge middle class opportunity. We are well-positioned to go after that, and I think we've got some very clear strategies in place on the ground to deliver on it." The company behind the eponymous toothpaste brand controls half the oral care segment in the country and has seen slowing demand in India. Colgate-Palmolive reported a 2% year-on-year fall in its revenue for the quarter to March, while its net profit declined 7%. Demand for daily groceries and other household and personal products plunged to a two-year low during the March quarter, indicating delayed turnaround for India's fast-moving consumer goods (FMCG) sector. Kantar said FMCG volume sales growth in the January-March quarter was 3.5%, slowest since the 2023 March quarter. A year ago, the market had grown 5.5% during the quarter. "We have seen some slowdown in the urban markets as of late, but the rural market seems to be performing well. We have an outstanding team on the ground that's very digitally forward thinking about where the future is going in that market in terms of both our distribution mechanisms as well as our marketing mechanisms, and we think executing very, very well," said Wallace. Last month, Colgate India said more than two-thirds of urban Indian consumers are facing financial stress , leading to a slowdown in overall consumer demand , including for oral care products while 30% urban consumers are resilient. Earlier this year, Colgate had said India was the most prominent market globally to experience fierce competition among consumer goods companies, marked by steep discounting to attract urban shoppers, indicating sluggish urban demand was forcing companies to engage in bleeding price wars. While most companies keep product prices intact across markets, channels such as ecommerce and modern trade often use their sourcing clout to drive deep discounting. Rivals have been cutting prices or giving promotional offers occasionally at select channels for short-term market share and sales gains. "While Colgate has been able to drive growth in its premium range, reviving growth in core brands remains critical. While the management's guidance entailed a recovery anticipated in the second half of this fiscal, we expect competitive intensity to remain elevated, which should keep margins under pressure," said a report by InCred Equities.
Time of India
2 days ago
- Time of India
Colgate, HUL, Marico bank on demand revival to turn around their fortunes
Colgate-Palmolive (India) declined nearly 7 per cent in eight trading sessions after reporting a lacklustre set of numbers for the March quarter. The performance of the oral healthcare company was hit by flat sales volume and urban softness though rural markets and premium products offered some support. The management has guided for a gradual revival in demand from the second half of FY26, as macro pressures ease and premium offerings gain ground. The country's rural parts continued to outperform urban markets for the third straight quarter. According to the company management, the bottom 70 per cent of the urban consumer base was under stress while premiumisation continued to be strong. The company launched new products such as Colgate Max Fresh Sensorials, Total Plaque Release, and the reformulated Strong Teeth, to strengthen its premium segment. Colgate's revenue and net profit declined by 1.9 per cent and 6.5 per cent to Rs 1,452 crore and Rs 355 crore, on year-on-year basis in the March quarter. Volume growth was flat, marking a sharp deceleration from the previous three quarters of mid-single-digit growth. The operating margin before depreciation and amortisation (Ebitda margin) slipped by 164 basis points year-on-year to 34.3 per cent . Despite the muted fourth-quarter numbers, Colgate closed FY25 on a stable note. Revenue from operations for the year rose 6.3 per cent to Rs 5,999 crore while net profit grew 8.5 per cent to Rs 1,437 crore. Ebitda margin dropped to 32.6 per cent from 35.9 per cent , a year ago. The other major consumer companies including Hindustan Unilever (HUL) and Marico also reported pressure on margins for the March quarter. HUL's revenue and net profit recorded near flat growth whereas margin remained range-bound at around 23 per cent . Marico's consolidated revenue and net profit grew 20 per cent and 8 per cent year-on-year, but Ebitda margin fell by 260 basis points to a 12-quarter low of 16.8 per cent . The FMCG companies expect a revival in the current fiscal year given the expectation of a normal monsoon and income tax relief, which are expected to improve consumer spend. HUL expects business momentum to gradually improve with the first half of FY26 likely to be better than the second half of the previous fiscal year. Marico expects the next fiscal year to be better. Analysts expect demand weakness to persist in the near term. Emkay Global Financial Services has maintained a 'sell' rating on Colgate with a target price of Rs 2,000, citing weak growth visibility and limited room for margin expansion. While Axis Securities has reduced the target price by 4 per cent to Rs 2,830, the brokerage has retained a 'buy' rating on the stock noting that the recent fall in its price offers a strong margin of safety.
Time of India
2 days ago
- Time of India
Colgate, HUL, Marico bank on demand revival to turn around their fortunes
ET Intelligence Group: Colgate-Palmolive (India) declined nearly 7% in eight trading sessions after reporting a lacklustre set of numbers for the March quarter. The performance of the oral healthcare company was hit by flat sales volume and urban softness though rural markets and premium products offered some support. The management has guided for a gradual revival in demand from the second half of FY26, as macro pressures ease and premium offerings gain ground. The country's rural parts continued to outperform urban markets for the third straight quarter. According to the company management, the bottom 70% of the urban consumer base was under stress while premiumisation continued to be strong. The company launched new products such as Colgate Max Fresh Sensorials, Total Plaque Release, and the reformulated Strong Teeth, to strengthen its premium segment. Colgate's revenue and net profit declined by 1.9% and 6.5% to ₹1,452 crore and ₹355 crore, on year-on-year basis in the March quarter. Volume growth was flat, marking a sharp deceleration from the previous three quarters of mid-single-digit growth. The operating margin before depreciation and amortisation (Ebitda margin) slipped by 164 basis points year-on-year to 34.3%. Despite the muted fourth-quarter numbers, Colgate closed FY25 on a stable note. Revenue from operations for the year rose 6.3% to ₹5,999 crore while net profit grew 8.5% to ₹1,437 crore. Ebitda margin dropped to 32.6% from 35.9%, a year ago. The other major consumer companies including Hindustan Unilever (HUL) and Marico also reported pressure on margins for the March quarter. HUL's revenue and net profit recorded near flat growth whereas margin remained range-bound at around 23%. Marico's consolidated revenue and net profit grew 20% and 8% year-on-year, but Ebitda margin fell by 260 basis points to a 12-quarter low of 16.8%. The FMCG companies expect a revival in the current fiscal year given the expectation of a normal monsoon and income tax relief, which are expected to improve consumer spend. HUL expects business momentum to gradually improve with the first half of FY26 likely to be better than the second half of the previous fiscal year. Marico expects the next fiscal year to be better. Analysts expect demand weakness to persist in the near term. Emkay Global Financial Services has maintained a 'sell' rating on Colgate with a target price of ₹2,000, citing weak growth visibility and limited room for margin expansion. While Axis Securities has reduced the target price by 4% to ₹2,830, the brokerage has retained a 'buy' rating on the stock noting that the recent fall in its price offers a strong margin of safety.
