• SENSEX
    NIFTY 50
VIDEOS
Business

Godrej Consumer Q2 results preview: Stable margins, profit growth likely

Updated : November 02, 2018 09:22 AM IST

Godrej Consumer Products will report its second-quarter earnings later in the day and the street is expecting stability in margins, with a net profit growth of about 12 percent.

Here's what one needs to watch out for:
  • The stock of Godrej Consumer Products has corrected a fair bit from the top, so still trades at about 30 times two year forward earnings.
  • Important to watch out for the India business. This is one of those FMCG companies where half of the revenue comes from India and the other half comes from international markets. The total income on a consolidated basis seen at around 8.5 percent growth – Rs 2700 crore odd on the topline is expected, EBITDA growth of about 8 percent that means the margins are more or less likely to be stable. A net profit growth of 11.5 percent, a number of Rs 405 crore is on the cards.
  • The India domestic volume growth is seen anywhere between zero to 5 percent – that is what majority of the street is expecting, there is a fair amount of divergence out the.

 

Have you signed up for Primo, our daily newsletter? It has all the stories and data on the market, business, economy and tech that you need to know. 
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you

Advertisement