Godrej Consumer Products (GODREJCP) Q4 25/26 earnings summary

Executive summary

• Q4 FY2026 delivered 11% consolidated revenue growth and 10% EBITDA growth, with strong standalone and international performance, and 6% underlying volume growth year-over-year.

• Net profit after tax grew 10% year-over-year, with operating margin at 21.7% and EBITDA margin at 24.7% for the standalone business.

• Home Care led growth in India with 12% value growth and market share gains; Personal Care grew 3%, with soaps and fragrances performing well, though overall personal care growth was muted.

• Audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, were approved, with unmodified audit opinions from statutory auditors.

• Interim dividend of ₹5 per share declared for FY 2026-27, and leadership changes announced, including re-appointment of the CEO and retirement of a director.

Financial highlights

• Consolidated revenue for FY26 was ₹15,177.90 crore, up from ₹13,996.54 crore year-over-year; net profit after tax for FY26 was ₹1,861.47 crore.

• Standalone net sales reached ₹2,339 crore in Q4, up 10% year-over-year; Home Care and Personal Care contributed equally.

• Africa, USA & Middle East sales grew 20% year-over-year; Latin America & Others up 26%.

• Operating margin for FY26 was 22.1%, and net profit margin was 12.5%.

• Earnings per share (EPS) for FY26 stood at ₹18.19, up from ₹18.11 in FY25.

Outlook and guidance

• Entering FY 2027 with strong momentum; India expected to deliver calibrated growth at normative EBITDA margins, supported by demand trends and innovation.

• Indonesia expected to improve as pricing pressure abates; Africa/US/Middle East to continue double-digit revenue and profit growth.

• Management expects some margin pressure in the next two quarters due to crude oil inflation, but anticipates recovery as pricing actions take effect.

• The company continues to monitor regulatory changes, including the impact of new Labour Codes, and will adjust accounting as needed.

• Ongoing focus on strategic transformation and sustainable value creation in emerging markets.