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Colgate Palmolive (India) Limited (COLPAL)

Mid Cap

FMCG stocks · Mid cap · NSE

Colgate-Palmolive (India) Limited is a leading consumer goods company focused on oral care, including toothpaste and toothbrushes, and personal care products like hand and body wash. It emphasizes driving category consumption, premiumization, and strong brand health through extensive distribution and R&D.

₹1,741.1
-29.80 · -1.68%
Market cap ₹48,443 Cr
IndicesNifty 500
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am IST
Details
Quote21 Oct, 04:45 am IST
Base fundamentals16 Oct 2026 · screener
Latest result29 Jul, 05:18 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags15 Aug 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · FMCG P/E 37.8 (n=42)
Technical timing lens

Trend score and candlestick chart

23Bearish

full bear SMA stack · SMA20 -2.4% / mo · MACD + · near 52W low · sector -4.5pp vs Nifty 500 (3M)

Stock trend: 26
Sector RS: 18
Sector 3M: -10.2% vs Nifty 500 -5.6%
FMCG FPI tailwindNot confirmed

Latest mapped FPI equity flow was not positive. View sector evidence

Technical chart

COLPALD candles · FIT view-19.8%
Latest close ₹1741.10 on 2026-10-19
Bar
-1.7%
RSI
41
MACD hist
0.81
52W pos
4%
Visible chart range
Candle interval
2026-10-19O ₹1772.00H ₹1776.50L ₹1723.10C ₹1741.10Vol 5.3L sh
₹1.69k₹1.83k₹1.97k₹2.11k₹2.25k52L₹1741.102026-032026-06VolRSIMACD2026-042026-062026-082026-092026-11
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

COLPALNifty FMCGNifty 500
-20%-12%-4%+5%20 Jul1 Sept19 Oct19 Oct 2026COLPAL -17.6%Nifty FMCG -10.5%Nifty 500 -5.6%
COLPAL
-17.6%
Nifty 500
-5.6%
Nifty FMCG
-10.5%
Vs Nifty 500
-12.0 pp
Chart stats
19 Oct 2026
From 52W high
-25.3%
₹2,329.9
52W range position
4%
₹1,716.1 - ₹2,329.9
ATR (14)
2.9%
₹50.6
Volume vs 20D
0.95x
Latest completed session
Avg traded value
₹100 Cr
20-session average
20D price channel
₹1,716.1 - ₹1,903
32.9% annualized volatility
Research snapshot

What the evidence says now

Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.

Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE
50

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Bad
22

Revenue +11.8% · PAT +6.8% YoY

Technical
Bearish
23

Price trend and sector-relative-strength timing.

Valuation
Legacy model
-1253.5%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
85

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 30 Jun 2026

Bad · 22/100

margin compression · Rev +12% YoY · PAT +7% YoY

Filed 29 Jul 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹1,603 Cr+11.8%+0.5%
EBITDA₹483 Cr+6.6%-5.3%
Operating margin30.0%-200 bps-200 bps
PAT₹343 Cr+6.8%-2.8%
PAT margin21.4%-98 bps-73 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
112.00
P/B
147.19
EV/EBITDA
104.19
Market Cap
48443.00Cr

Profitability

ROE
158.00%
ROCE
179.00%
ROA
49.27%
Dividend Y
2.69%

Growth (CAGR)

Revenue 5Y
1.00%
EPS 5Y
1.00%
Revenue 3Y
15.00%
EPS 3Y
33.00%

Balance Sheet

Debt/Equity
0.02
Interest Coverage
217.00×
Altman Z
10.17
Book Value
12.10

Cash Flow

FCF Yield
0.89%
FCF Positive Y
5/5
OCF
404.00 Cr
EPS TTM
15.96

Shareholding

Promoter Hold
51.00%
Promoter Pledge
0.00%
Momentum 52W
11%

Financial History

Updated 20/10/2026

Revenue

₹ Cr
Latest: 6,035-0.1% vs prev
06040Mar 2017: 3,982Mar 2018: 4,188Mar 2019: 4,462Mar 2020: 4,525Mar 2021: 4,841Mar 2022: 5,100Mar 2023: 5,226Mar 2024: 5,680Mar 2025: 6,040Mar 2026: 6,035FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Net Profit

₹ Cr
Latest: 1,325-7.8% vs prev
01437Mar 2017: 577Mar 2018: 673Mar 2019: 776Mar 2020: 816Mar 2021: 1,035Mar 2022: 1,078Mar 2023: 1,047Mar 2024: 1,324Mar 2025: 1,437Mar 2026: 1,325FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Return on Equity

%
Latest: 83.7-3.1% vs prev
088.8Mar 2017: 45.3%Mar 2018: 44.2%Mar 2019: 53.6%Mar 2020: 51.2%Mar 2021: 88.8%Mar 2022: 62.2%Mar 2023: 61.0%Mar 2024: 70.7%Mar 2025: 86.4%Mar 2026: 83.7%FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Bearish setup

Trend is weak — long-term trend down. RSI 41.

  • Price < SMA20 < SMA50 < SMA200 — full bearish stack.
  • SMA20 falling (~2.4% over last month) — short-term momentum negative.
  • RSI(14) at 41 — sideways, no extreme reading.
  • MACD above signal but histogram contracting — bullish momentum cooling.
  • Within 5% of 52-week low — testing support.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Nifty 500 leadership

Relative Strength & Trend Stage

23
RS percentile
Stage 4 Downtrend
1M return
-9.2%
3M return
-17.6%
6M return
-17.8%
1Y return
-22.0%
RS 1D
-2
RS 20D
-7
Sector rank
#15
Industry rank
-
Stage evidence
  • Price is 12.0% below the 30-week proxy.
  • The 50-DMA is below the 30-week proxy and its slope is falling -2.1%.
  • Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
lagging
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 80.66-0.67%
78849096102Sept 25Feb 26Jun 26Oct 2681
RS vs Nifty 50081

Valuation & peers

U-Score 50 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies

50U-SCORE
Premium Compounder

Fundamental score breakdown

U band · FAIR VALUE
Valuation0/30
Growth7/25
Quality20/20
Balance Sheet11/15
Cash Flow6/10
Piotroski
8/9 (+5)
Penalties
1
Raw sum
50

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

50/100 · legacy band FAIR VALUE

Positive drivers

  • Piotroski is strong at 8/9.
  • Quality contributes 20/20 to the score.
  • Balance sheet contributes 11/15 to the score.

Main drags

  • Fair-value margin of safety is negative at -1253.5%.
  • Valuation is weaker at 0/30; verify the latest quarterly trend.
  • Growth is weaker at 7/25; verify the latest quarterly trend.
Sector valuation model

Consumer valuation: PE/PEG and brand-quality premium

Consumer franchises can deserve higher multiples, but only when growth quality supports them.

Consumer PE/PEG
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
112.0
PB
147.2
EV/EBITDA
104.2
ROE
158.0%
ROCE
179.0%
FCF Yield
0.9%
Debt/Equity
0.0
MoS
-1253.5%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
50
Previous: 50
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
-1253.5%
Previous: -1253.5%

Score history

12 stored score snapshots. Latest stored move: +0 points.

21 Oct 2026
v4.3-runtime-valuation
54
54
54
54
54
54
50
50
50
50
50
50

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹65.92
-2541.3% MoS
Growth-justified P/E
8.1
Growth-justified Value
₹128.64
-1253.5% MoS
PEG
70.00

Comparable companies

Peers

Business-comparable peers in FMCG — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
HONASA
Large
Honasa Consumer Limited
FMCG
match 108
43
59.0
15.7%
-28%
WATCHLIST
EMAMILTD
Large
Emami Limited
Consumer Goods
match 108
62
21.8
26.2%
+50%
UNDERVALUED
GODREJCP
Large
Godrej Consumer Products Limited
Consumer Goods
match 106
36
43.0
16.1%
-362%
WATCHLIST
GILLETTE
Large
Gillette India Limited
Consumer Goods
match 105
69
35.2
66.5%
+21%
UNDERVALUED
HINDUNILVR
Large
Hindustan Unilever Limited
Consumer Goods
match 97
61
40.3
31.0%
+35%
UNDERVALUED

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Where growth can come from, and what can break the case

Thesis intactReviewed 2026-06-14T07:24:47.776Z
Management commentary snapshot

Q4 FY26 domestic net sales grew 9.2% YoY, showing significant acceleration after a flat full year. Gross margins remained strong at 69.6%, with EBITDA at 32.2%, despite increased brand investments and commodity/currency headwinds.

COLPAL's Q4 performance indicates a positive shift, driven by premiumization and increased brand investments. While full-year growth was muted, the sequential improvement and resilient margins are encouraging. The focus on driving consumption and expanding distribution, coupled with AI adoption, positions the company for potential long-term growth, though rural demand trends need monitoring.

Growth engines

Oral Care Premiumization

Accelerated investments behind Premium portfolio (Colgate Total, Visible White, PerioGard) showing significant elasticity on advertising.

Toothbrush Category Growth

Significant growth opportunity in India, playing across value, mid-tier, premium, and kids segments, with new brushes launched.

Core Brand Competitive Growth

Relaunched Colgate Strong Teeth with superior formulation (arginine plus calcium boost), Max Fresh continues to be the fastest growing franchise.

Personal Care Business

Palmolive Hand Wash and Body Wash growing strongly, Moments Range innovation, and a new digital-first approach for Body Wash.

Tailwinds

Urban Market Recovery

Urban markets are now beginning to pick up in terms of growth, off a relatively soft base.

E-commerce Growth

E-commerce as a channel is growth-accretive, margin-accretive, share-accretive, and premiumization-accretive for the company.

Brand Investment Elasticity

Seeing significant elasticity behind increased brand investments, particularly on the Premium portfolio.

Headwinds

GST IDS Impact

The GST IDS impact will be an ongoing thing and will come through every quarter, affecting operating profit.

Commodity & Currency Challenges

Despite these headwinds, the company continues to deliver very good margins.

Rural Market Slowdown

There is a slight slowdown in rural growth, though it is still expected to grow faster than urban.

Risk radar

Market Distortion from GST

Value growth pickup in Nielsen will be quite distorted given that MRP pricing has actually gone down due to GST.

Translating Claimed Behavior

While claimed results for brushing habits are positive, only some of it will translate into actual behavior.

Management accountability

What management said, and what results must prove

Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.

Analyst reading lens
Compare BOTH

Q4 YoY growth shows recent acceleration, while full-year performance was flat due to earlier tough quarters. Sequential improvement in H2 over H1 indicates momentum, making both comparisons relevant to assess current trajectory and underlying business health.

Sector KPIs management disclosed

Net Sales Growth (Q4 Domestic)

Domestic growth now at 9.2% YoY for Q4 FY26.

Gross Margins

Gross margins continue to be strong at 69.6% for Q4 FY26 and 69.3% for the full year.

EBITDA Margins

EBITDA margins at 32.2% for Q4 FY26 (includes 160 bps GST IDS impact) and 31.2% for full year FY26 (includes 80 bps GST IDS impact).

Brand Investments

Brand investments just under Rs. 200 crores in Q4 FY26, representing a 10% increase from the same quarter previous year.

Management forward view

Renewed Optimism

Entering Calendar Year 2026 with a renewed sense of optimism and confidence in terms of what this business can deliver.

Drive Category Consumption

Focus continues to be to build category consumption and therefore drive volume.

Continued Premiumization

Transformatively accelerate Oral Care Premiumization, which has seen a step change.

Leveraging AI

Using Google AI technology to drive effectiveness, efficiency, and capability across the organization, with near universal adoption.

Thesis monitor

Numbers and claims to verify in the next filings

CheckpointCurrent evidenceWhat to verify next
Domestic Volume GrowthOverall market is flat-to-increasing.Need to continuously look at volume growth because value growth pickup in Nielsen will be distorted by GST impact on pricing.
Premiumization ContributionPremiumization mix is up 35% over two years.Monitor continued growth and margin accretion from the premium segment, especially with accelerated investments.
Rural Demand TrendsRural markets seeing a slight slowdown.Observe if rural growth picks up and converges with urban trends, and the effectiveness of rural consumption initiatives.
EBITDA Margin CalibrationEBITDA margin for Q4 FY26 is 32.2% (including 160 bps GST IDS impact).EBITDA will be calibrated depending on advertising support and response; watch for sustained industry-leading margins.

Verification checkpoints are IndiaPulse research interpretation, not investment advice.

Trust Score
85Limited evidence · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Limited evidence: Claim history is still being built. It ranks around the 98th percentile of the scored universe and 91st percentile within FMCG. No major sub-score weakness stands out.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 21 Oct 2026
management-trust-v1
70 docs text-extracted · 20 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
98th percentile

overall median 67 · FMCG: 91st pctile, median 79 · Mid: 93rd pctile, median 76

Evidence depth
Financial-only

70 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Limited evidence · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
78
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
98
strong · capital discipline
Results
75
strong · quarterly consistency

Trust positives

  • ▸Promoter pledge is zero.
  • ▸FCF yield is positive at 0.9%.
  • ▸5 years of positive FCF.
  • ▸Debt/equity is 0.02.

Trust risks

  • ▸No major Trust Lite risk flags.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

12 shown
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Oct - Please find attached herewith Newspaper Publication.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Press Release / Media Release 30 Sep - Colgate India screened 3,08,106 students across 547 schools in Tamil Nadu and Puducherry, setting a world record.

Source: Bse

Open source ↗
AnnouncementSep 2026

Sep 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 10 Sep - Colgate partners with KBC 18 on September 10, 2026 to promote oral health and nighttime brushing.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 17 Sep - Please find attached herewith Schedule of Analyst/Institutional Investor Meeting.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 7 Sep - Please find attached herewith Schedule of Analyst/Institutional Investor Meeting.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Press Release / Media Release 18 Aug - Colgate PerioGard becomes India's first gum care regimen to earn ISP Seal of Acceptance.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 18 Aug - Newspaper Publication given to the shareholders regarding transfer of dividend and shares to Investor Education and Protection Fund (IEPF) Authority and Special ....

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 Aug - Please find herewith enclosed Intimation of Schedule of Analyst/Institutional Investor Meeting.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Jul - Please find herewith attached Newspaper Publication for Unaudited Financial Results of the Company.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Jul - Please find herewith enclosed newspaper extracts of the public notice regarding the Notice of 85th Annual General Meeting and E-voting information of the Company.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 24 Jun - Please find herewith attached Newspaper Publication.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Jun - Please find herewith attached Newspaper Publication.

Source: Bse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.