Latest news with #ColgatePalmolive
Reuters
7 days ago
- Business
- Reuters
India's IndiGo names Vikram Singh Mehta as new chairman
May 28 (Reuters) - Indian airline IndiGo ( opens new tab appointed Vikram Singh Mehta as the chairman of its board, the low-cost carrier said on Wednesday. Mehta, an existing board member of IndiGo, will succeed Venkataramani Sumantran, who took charge as chairman three years ago at the start of a post-pandemic rebound in air travel. Mehta has previously worked at Shell and served on the boards of Colgate Palmolive (India) ( opens new tab, Mahindra & Mahindra ( opens new tab as well as Larsen and Toubro ( opens new tab.
Mint
7 days ago
- Business
- Mint
ITC, Colgate Palmolive (India), Kennametal India to trade ex-dividend today
Dividend Stocks: ITC, Colgate Palmolive (India), Kennametal India are among the key stocks that will trade ex-dividend today. The record date to identify list of eligible share holders to received dividend had been set by these companies as Wednesday, 28 May 2025. Check details below The record date implies that the investors who wished to reap the benefits from dividends announced and receive dividend had to buy the shares of ITC, Colgate Palmolive (India), Kennametal India, a day prior to the record date as per T+1 settlement procedure, for their names to appear in the list of eligible share holders to receive the dividend. ITC Ltd- At its meeting held on May 22, 2025, the company's board of directors approved and recommended a final dividend of ₹ 7.95 per ordinary share, which has a face value of Re 1. However, the dividend is contingent to members' approval at the company's 114th Annual General Meeting (or "AGM"), which is scheduled for Friday, July 25, 2025. If announced, the Final Dividend will be distributed to eligible members between Monday, July 28, 2025, and Thursday, July 31, 2025, as per ITC. This announced dividend together with am interim dividend of RS 6.50 per share of face value of Re 1/- announced by the Board of Directors of ITC on 6 February 2024 would mean that total dividend by the company announced for Financial year ending March 2025 comes to a total of ₹ 14.35 per Ordinary Share of Re 1/- each. Colgate-Palmolive (India) Limited- For the fiscal year 2024–2025, Colgate-Palmolive (India) Limited declared a second interim dividend of Rs. 27/- (Rupees Twenty Seven Only) per equity share of Re. 1/-each on May 21, 2025. Those shareholders whose names are listed in the Company's Register of Members as of the Record Date, which is May 28, 2025, will receive the aforementioned dividend on and from June 16, 2025. Kennametal India Ltd- For the fiscal year 2024–2025, the Board of Kennametal India Ltd. announced an Interim Dividend of ₹ 40/-per equity share of ₹ 10/-each (400% considering the face value of share) and set May 28, 2025, as the Record Date to determine if shareholders were eligible to receive the payment of the Interim Dividend. Given the company's present robust cash flows, the Board has decided to declare a higher dividend rate than in the prior year or years. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
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Business Standard
27-05-2025
- Business
- Business Standard
Dividend stocks: ITC, Colgate Palmolive, Kennametal to go ex-date on May 28
Shares of ITC, Colgate Palmolive (India), and Kennametal India are set to remain in focus today following their announcements of dividend rewards for their shareholders. A dividend is often viewed as a form of passive income, representing a portion of a company's profits distributed to shareholders as a reward for their investment. According to BSE data, these stocks are scheduled to trade ex-dividend on Wednesday, May 28, 2025. The ex-dividend date marks the day a stock begins trading without the right to receive the declared dividend, meaning investors must own the stock before this date to be eligible. The companies, however, finalise the list of eligible shareholders based on their records on the record date. Among the highlighted companies, industrial products maker Kennametal India has declared the highest dividend, announcing an interim dividend of ₹40 per share. The company has also set May 28, 2025, as the record date to ascertain the shareholders' eligibility for their participation in the dividend payout. This is followed by the fast-moving consumer goods (FMCG) company Colgate Palmolive (India), which has announced an interim dividend of ₹27 per share for its shareholders. The company has also set May 28, 2025, as the record date to ascertain the shareholders' eligibility for their participation in the dividend payout. Meanwhile, FMCG giant ITC has rewarded its shareholders with a final dividend of ₹7.85 per share, with the record date being fixed on May 28, 2025, for the same. Besides these, Markobenz Ventures will remain in focus today as the company's shares will trade ex-date on May 28 following the announcement of the rights issue. The company has informed the exchanges that its board has announced the Rights Issue of 4,80,00,000 fully paid-up equity shares aggregating to ₹48.96 crore at a rights issue price of ₹10.20 per share. Markobenz Ventures has fixed May 28, 2025, as the record date for the purpose of ascertaining the eligibility of shareholders entitled for issuance of 5 equity shares for every 2 fully paid-up equity shares held by the existing equity shareholders of the company on a rights basis.
Mint
24-05-2025
- Business
- Mint
Dividend Stocks: ITC, Bajaj Finance, Infosys, among others to trade ex-dividend next week; Full list
Dividend Stocks: Shares of major firms, including Bajaj Finance, ITC, Angel One, L&T Finance, Tata Consumer Products, Infosys, Colgate Palmolive (India), and Lloyds Metals and Energy, are among others that will trade ex-dividend in the week starting Monday, 26 May 2025. The ex-dividend date is when the equity share price adjusts to reflect the next dividend payout. This day, the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward. The dividend issue will be payable to all the shareholders whose names appear on the company's list by the end of the record date. According to BSE data, many companies also announced other corporate actions, including a bonus issue. Archean Chemical Industries Ltd will declare a final dividend of ₹ 3 per share on Monday, 26 May 2025. Black Rose Industries Ltd will declare a dividend of ₹ 0.5 per share on Monday, 26 May 2025. Lloyds Metals and Energy Ltd will declare a final dividend of Re 1 per share on Monday, 26 May 2025. Pearl Global Industries Ltd will declare an interim dividend of ₹ 6.5 per share on Monday, 26 May 2025. Man Infraconstruction Ltd will declare an interim dividend of ₹ 0.45 per share on Tuesday, 27 May 2025. L&T Finance Ltd will declare a final dividend of ₹ 2.75 per share on Tuesday, 27 May 2025. Trident Ltd will declare an interim dividend of ₹ 0.50 per share on Tuesday, 27 May 2025. Colgate Palmolive (India) Ltd will declare an interim dividend of ₹ 27 per share on Wednesday, 28 May 2025. ITC Ltd will declare a final dividend of ₹ 7.85 per share on Wednesday, 28 May 2025. Kennametal India Ltd will declare an interim dividend of ₹ 40 per share on Wednesday, 28 May 2025. Tata Consumer Products Ltd will declare a dividend of ₹ 8.25 on Thursday, 29 May 2025. Advani Hotels & Resorts (India) Ltd will declare an interim dividend of ₹ 0.9 per share on Friday, 30 May 2025. Angel One Ltd will declare a final dividend of ₹ 26 per share on Friday, 30 May 2025. Bajaj Finance Ltd will declare a final dividend of ₹ 44 per share on Friday, 30 May 2025. Caplin Point Laboratories Ltd will declare an interim dividend of ₹ 3 per share on Friday, 30 May 2025. GlaxoSmithKline Pharmaceuticals Ltd will declare a final dividend of ₹ 42 per share on Friday, 30 May 2025. Infosys Ltd will declare a final dividend of ₹ 22 per share on Friday, 30 May 2025. Jupiter Wagons Ltd will declare a dividend on Friday, 30 May 2025. Meghna Infracon Infrastructure Ltd will declare an interim dividend of ₹ 0.10 per share on Friday, 30 May 2025. Ponni Sugars (Erode) Ltd will declare a final dividend of ₹ 3 per share on Friday, 30 May 2025. S Chand and Company Ltd will declare an interim dividend of ₹ 4 per share on Friday, 30 May 2025. UNO Minda Ltd will declare a final dividend of ₹ 1.5 per share on Friday, 30 May 2025. Vimta Labs Ltd will declare a dividend of ₹ 2 on Friday, 30 May 2025 Ujaas Energy Ltd declared a bonus issue of shares at a ratio of 17:25. Shares will trade ex-bonus on Friday, 30 May 2025. A bonus issue is a corporate action that allows existing shareholders to subscribe for additional shares. Instead of increasing the dividend payout, companies offer to distribute additional shares to the shareholders. For example, the company may give out one bonus share for every ten shares held. Maple Infrastructure Trust: Income Distribution (InvIT) on Monday, 20 May 2025. Altius Telecom Infrastructure Trust: Income Distribution (InvIT) on Tuesday, 27 May 2025. Infobeans Technologies Ltd: Buyback of the shares on Tuesday, 27 May 2025. Markobenz Ventures Ltd: Right Issue of Equity Shares on Wednesday, 28 May. Powrgrid Infrastructure Investment Trust: Income Distribution (InvIT) on Thursday, 29 May 2025. Anzen India Energy Yield Plus Trust: Income Distribution (InvIT) on Friday, 30 May 2025. Bharat Bhushan Finance & Commodity Brokers Ltd: Right Issue of Equity Shares on Friday, 30 May 2025. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Yahoo
22-05-2025
- Business
- Yahoo
Colgate-Palmolive (India) Ltd (BOM:500830) Q4 2025 Earnings Call Highlights: Strong Rural ...
Release Date: May 21, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Colgate-Palmolive (India) Ltd (BOM:500830) reported a 6.5% growth in revenue for the financial year 2024-2025, driven by mid to high single-digit volume growth in the toothpaste category. The company maintained strong margins, with an EBITDA margin of 32.6%, supported by efficient cost management and brand investment. Significant brand investment of 822 crores was made, making Colgate one of the largest advertised FMCG brands in India. The company launched several successful products, including the Colgate Purple toothpaste, which has been the most successful innovation in the last decade. Rural growth outpaced urban growth for the third consecutive quarter, indicating strong performance in rural markets. Urban demand, particularly in the bottom 70% of urban India, has been soft, impacting overall volume growth. Competitive intensity in the market remains high, with significant trade spending by competitors affecting pricing and margins. Volume growth was flat in the last quarter, with pricing contributing negatively to growth. The company faces challenges in managing channel conflicts between general trade and emerging channels like e-commerce. Despite premiumization efforts, pricing mix growth was missing for the full year, indicating challenges in achieving desired price growth. Q: Can you elaborate on Colgate's strategy in the sensitive toothpaste segment and how it compares to competitors? A: Our focus is on driving gum health, as 46% of oral health issues are related to gums. We aim to offer a comprehensive range of products, including toothpaste, mouthwash, and toothbrushes, to address these concerns. Our long-standing partnership with dentists, supported by initiatives like the oral health movement, strengthens our position in this segment. (Respondent: Unidentified_3) Q: With high promotional intensity in the toothpaste market, when do you expect it to normalize? A: We increased promotional spending to drive distribution and sales gains. While there may be temporary fluctuations, we believe the focus will eventually shift back to brand preference and product superiority. Our investments in brand superiority and innovation will help maintain our competitive edge. (Respondent: Unidentified_8) Q: How is Colgate addressing the challenges in the mass market segment, particularly with the Colgate Strong Teeth variant? A: The mass market, especially the bottom 70% of urban India, is under pressure, impacting volumes. However, rural areas and the top 30% of urban consumers remain resilient. We expect the situation to improve, with rural growth continuing and urban demand recovering in the latter half of the year. (Respondent: Unidentified_3) Q: What is the outlook for gross and EBITA margins for FY26, considering competitive intensity and input costs? A: Our priority is to drive top-line growth while maintaining competitiveness in trade and product superiority. We do not target specific margin levels but focus on doing the right things to achieve sustainable growth. (Respondent: Unidentified_8) Q: How does Colgate manage channel conflicts between general trade and emerging channels like e-commerce? A: We ensure parity pricing across channels and focus on moving consumers to premium products in modern trade and e-commerce. Over half of our e-commerce portfolio now consists of premium products, which helps manage channel conflicts and drive growth. (Respondent: Unidentified_3) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
