Latest news with #Marico
Time of India
8 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.
Business Standard
8 hours ago
- Business
- Business Standard
Marico forays into cold pressed oil segment
Marico announced its foray into the Cold Pressed Oils segment with the launch of the new Saffola Cold Pressed Oils range. This launch marks a strategic expansion of the Saffola Oils portfolio. With a legacy of over five decades in supporting heart health, Saffola's entry into the growing Cold Pressed Oils category is a natural extension of its expertise. Cold pressed oils are in growing demand as they retain the natural flavour, aroma, and nutrients of the seed due to their low-temperature extraction process, making them a wholesome addition to everyday meals. By leveraging its experience in multi-source edible oils, Saffola brings both single seed and dual seed cold-pressed variants to the market, carving a distinct space in this evolving category. The new Saffola Cold Pressed Oils range delivers a balanced blend of innovation and authentic taste with its Single Seed and Dual Seed options: Dual Seed Cold Pressed Oils: Groundnut & Sesame and Groundnut & Safflower blended to provide a good fatty acid balance while preserving rich flavour. Single Seed Cold Pressed Oils: 100% Groundnut, 100% Sesame, and 100% Mustard rich in essential fatty acids, and delivers authentic seed taste. Cold-pressed to preserve flavour, the range offers a balanced composition of monounsaturated (MUFA) and polyunsaturated (PUFA) fatty acids supporting everyday cooking that aligns with long term wellness and contains essential nutrients that support cholesterol management
Time of India
13 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.
News18
27-05-2025
- Health
- News18
Why Sunscreen Is A Year-Round Essential; Not Just a Summer Staple
Last Updated: This National Sunscreen Day, remember: come rain, shine, or screen time, don't forget your SPF When we think of skincare must-haves, moisturizers and serums often take centre stage. Yet, experts agree that sunscreen is the most crucial—and commonly neglected—step in your daily skincare routine. As we mark National Sunscreen Day, two leading voices in dermatological science, Dr. Shilpa Vora, Chief Research & Development Officer, Marico, and Dipak Shah, Senior Scientist, Himalaya Wellness Company, share their insights into why this humble skincare product is a non-negotiable in every season. 'Wearing a sunscreen is one of the most overlooked steps in a skincare routine," says Dr. Vora. 'However, it's the most important part of maintaining healthy skin. Exposure to the sun even indoors or on cloudy days, can cause redness, premature aging, dark spots, and even skin cancer." Dipak Shah echoes this, explaining that both UVA and UVB rays pose significant threats. 'UVA rays penetrate deeply and accelerate skin aging, while UVB rays are the primary cause of sunburn. A broad-spectrum SPF not only helps prevent photoaging and pigmentation but also plays a role in lowering the risk of skin cancer." Is Morning Application Enough? Many assume that one morning application is sufficient—but that's a myth. 'While the morning application is critical, sunscreen should be reapplied every two hours, especially if you're outdoors, sweating, or exposed to water," advises Shah. 'Even indoors, UV rays can penetrate through windows." Dr. Vora recommends a similar approach: 'If you have a long day ahead, reapply sunscreen throughout the day. Even during sunset hours, if you anticipate sun exposure, it's wise to add a protective layer." One of the biggest misconceptions? That sunscreen is just for summer. 'Even on overcast days, up to 80% of the sun's UV rays can penetrate through clouds," explains Shah. 'Monsoons don't mean a break from sun protection. UVA rays, in particular, can pass through both clouds and glass windows." 'Sunscreen is a year-long skin essential," Dr. Vora emphasizes. 'It's not just for the beach—it's for daily protection, no matter the weather or your location." Are You Applying It Right? Choosing the right sunscreen for your skin type is only half the job. Proper application makes all the difference. 'Use the two-finger rule—squeeze sunscreen along the length of two fingers for each application area," suggests Dr. Vora. 'Don't forget commonly overlooked areas like your ears, neck, and hands." Shah adds, 'As per the American Academy of Dermatology, most adults need about 1 ounce (a shot glass full) to adequately cover exposed skin. And always apply it 15 minutes before sun exposure for it to bind effectively." Finding the Right Formula for You Dr. Vora recommends different formulations based on skin type and need: Kaya Youth Protect Sunscreen SPF 50 PA++++: Ideal for youthful, nourished skin with added antioxidants. Kaya Daily Moisturizing Sunscreen SPF 30: A balanced daily-use formula that blends skincare with sun protection. Sunscreen isn't just a summer fling—it's a lifelong relationship. From battling pollution and free radicals to protecting against premature aging and cancer, sunscreen stands as your skin's first line of defense. So this National Sunscreen Day, remember: come rain, shine, or screen time, don't forget your SPF.
Time of India
26-05-2025
- Business
- Time of India
Top stocks to buy: Stock recommendations for the week starting May 26, 2025
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting May 26, 2025) are Kaynes Technology and Marico. Let's take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Kaynes Technology 6025 7300 21% Marico 702 800 14% Kaynes Technology KAYNES is poised for strong FY26 growth with a revenue target of INR45b, driven by higher-margin new orders, operating leverage, and expansion across key verticals such as automotive, aerospace, industrial, and medical. HDI PCB & OSAT commercialization is planned for 4QFY26. Chennai PCB facility targets ~30% margin (global clients) while OSAT is expected to deliver ~20%. Combined revenue target is ₹25B in FY27, doubling to ₹50B by FY28. KAYNES targets USD 1B revenue by FY28. Recent acquisitions have enhanced its global presence & opened new growth opportunities, with future focus on high-margin ODMs & expansion in South Asia & Europe. We estimate a CAGR of 57%/61%/70% in revenue/EBITDA/adj. PAT over FY25-FY27. Marico Marico (MRCO) reported 4QFY25 revenue growth of 20% YoY, with domestic revenue up 23% driven by strong core category performance and new growth drivers. International revenue grew 11%. Ad spends rose 35%, leading to a 260bp YoY contraction in EBITDA margin to 16.8%, while EBITDA grew 4% (vs. 7% estimate). Revenue growth is expected to remain in double digits in FY26, driven by pricing, expanded reach, and strong performance in Foods and Premium Personal Care. Despite rising input costs, the margin outlook for 2HFY26 is positive. We forecast 11%/13% revenue and EBITDA CAGR over FY25-27, reiterating a BUY. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
