Latest news with #Colgate
Time of India
13 hours ago
- Business
- 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
19 hours ago
- Business
- 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.
Yahoo
2 days ago
- Business
- Yahoo
Colgate University Announces Lower Campus Initiative, $105M in New Gifts for the Student Experience
HAMILTON, N.Y., June 2, 2025 /PRNewswire/ -- The most significant campus expansion in history at Colgate University is now underway. Through the support of a number of significant new gifts, Colgate has announced the launch of a project to create a cohesive Lower Campus along Broad Street. Among the contributions to the project is a gift of $50 million to The Campaign for the Third Century from Peter Kellner '65 — the largest single gift ever made to Colgate. Jean-Pierre L. Conte '85 has given a remarkable $25 million gift to name the building that will anchor Lower Campus. Additional leadership support for this Lower Campus initiative brings total investments to $105 million, with gifts of $10 million from Becky Hurley '81 and Christopher Hurley '81, Robert Fox '59, and Stephen Sprague '72. "I offer profound gratitude for these gifts," says President Brian W. Casey. "Colgate intends to offer the strongest residential liberal arts education in America, and the Lower Campus initiative is key to achieving that vision." Colgate's Third-Century Plan, launched during the University's Bicentennial celebration in 2019, includes the completion of the Residential Commons system and the Lower Campus as initial priorities. Currently, first- and second-year students reside in one of four Residential Commons on top of the hill. Extending that residential life experience for juniors and seniors — ensuring that their living spaces provide the opportunity for community and for the development of independence that will serve them well after graduation — is the vital next step. "When President Casey began working with the faculty, administration, and trustees on the Third-Century Plan, that really grabbed me — recognizing that it's not going to be done overnight," says Kellner, reflecting on his gift and the change he hopes it will bring to Colgate. "I wanted to do something that really would have an impact on the University." A re-envisioned Broad Street will demand extensive new construction. New residential units will be added to this part of the campus. Among the new residential units will be Fox House at 70 Broad Street and Hurley House. The Social Center, named Conte House, will draw the community to Lower Campus for events, activities, and other programming. "My Colgate experience helped me achieve my personal and professional dreams, as both a first-generation student and the son of immigrants, by providing me with an education that continues to serve me today," Conte says. "The new Conte House will be a vital gathering place for students of all backgrounds, and supporting future generations in this way is nothing short of an honor for me and my family." Buildings in the Lower Campus will be designed by Robert A.M. Stern Architects (RAMSA) and other architects, and landscapes will be designed by Michael Van Valkenburgh Associates (MVVA). Both firms have worked extensively with Colgate: MVVA is completing initial work on Peter's Glen, also funded through a gift from Kellner, and RAMSA most recently completed Bernstein Hall, which opened in fall 2024. Once construction and renovations are complete, juniors and seniors will move into Lower Campus theme houses, fraternity houses, sorority houses, apartments, and townhouses. This renovation and construction work will ensure all future seniors will have the option to live in single rooms, if they so choose, and approximately half of the junior class will also have the option to live in singles. "Residential life at Colgate plays an important part in the education of our students," says Vice President and Dean of the College Paul McLoughlin. "In their first and second years, they build community with their classmates. In their junior and senior years, we want that experience to continue even as they build the skills to live independently and to be good citizens after they graduate. I am so grateful for the gifts that have made it possible for Colgate to achieve this vision." Now in its sixth year, the Third-Century Plan is just beginning to guide the University's long-term development and secure its place as a leading national liberal arts institution. To support initial priorities within the Plan, Colgate launched The Campaign for the Third Century in 2022, setting a goal of $1 billion — the largest fundraising effort by a liberal arts university of Colgate's size. "This moment is of great significance for Colgate, and will allow us to complete a two-hundred-year-old campus," Casey says. "These projects — and the creation of a new part of the historic campus at Colgate — will set the trajectory of Colgate for decades to come." Contact:Kristin Putman395983@ View original content to download multimedia: SOURCE Colgate University
Business Wire
2 days ago
- Business
- Business Wire
Colgate-Palmolive Webcasts Fireside Chat at the Fifth Annual Evercore ISI Consumer and Retail Conference
NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive (NYSE:CL) President, Latin America, Juan Pablo Zamorano and Chief Investor Relations Officer and EVP, M&A, John Faucher will participate in a fireside chat at the Fifth Annual Evercore ISI Consumer and Retail Conference on Tuesday, June 10, 2025 at 1:00 p.m. ET. Investors may access a live webcast of this fireside chat on Colgate's website at For those unable to participate during the live webcast, a recorded version of the webcast will be made available through the Investor Center section of Colgate's website. * * * Colgate-Palmolive Company is a caring, innovative growth company that is reimagining a healthier future for all people, their pets and our planet. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition, we sell our products in more than 200 countries and territories under brands such as Colgate, Palmolive, elmex, hello, meridol, Sorriso, Tom's of Maine, EltaMD, Filorga, Irish Spring, Lady Speed Stick, PCA SKIN, Protex, Sanex, Softsoap, Speed Stick, Ajax, Axion, Fabuloso, Murphy, Soupline and Suavitel, as well as Hill's Science Diet and Hill's Prescription Diet. We are recognized for our leadership and innovation in promoting sustainability and community wellbeing, including our achievements in decreasing plastic waste and promoting recyclability, saving water, conserving natural resources and improving children's oral health through the Colgate Bright Smiles, Bright Futures program, which has reached approximately 1.8 billion children and their families since 1991. For more information about Colgate's global business and how we are building a future to smile about, visit CL-C
Evening Standard
6 days ago
- Automotive
- Evening Standard
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.
