Colgate-Palmolive India Dividend Alert: Q2 Payout Announced, Stock Down 30% In 1 Year; Check Record Date

Colgate-Palmolive India Yesterday announced its earnings for the July to September quarter, where the company reported a sharp 17% decline in profit. Colgate-Palmolive India's share price today traded in the red because of this reason.

Share Price Update

Colgate-Palmolive India shares opened at Rs. 2,245 on October 24 and closed at Rs. 2,240.10, down Rs. 46.80, or 2.05%, during the trading session. In the last six months, Colgate-Palmolive India shares have fallen 18% and 30% in the 12 months of trading.

Q2 FY26 Financial Highlights

Net Profit: Rs. 327.5 crore, down 17.1% from Rs. 395.1 crore in Q2 FY25.

Revenue: Rs. 1,519.5 crore, down 6.2% from Rs. 1,619 crore a year ago.

EBITDA: Rs. 464.5 crore, down 6.6% from Rs. 497.4 crore, while operating margins remained steady at 30.6%.

Sequential Growth: Net sales rose 6.1% from the previous quarter, signalling early signs of recovery.

Results Analysis

According to Yes Securities, Colgate Palmolive India's topline missed expectations due to temporary disruptions at distributors and retailers caused by the recent GST rate revision.

"There was a large decline in revenue due to the transitory disruption at distributors and retailers across channels caused by GST rate revision, but compression on margins was higher than we had anticipated. The premium portfolio continued strong momentum led by Colgate Visible White Purple. Management has maintained their expectation of demand to recover gradually in 2HFY26. This, along with some pricing components, is expected to contribute to growth starting in 3QFY26. Margins remain resilient, driven by the Funding the Growth programme, despite prioritising brand investments. A negative base in the second half will lead to double-digit EBITDA growth in 2HFY26." the broking said in its report.

Brokerage View & Target Price:

Yes, Securities revised its earnings estimate slightly, reducing FY26E/FY27E. Earning per share by 2.2%/1.5% to account for near-term revenue and margin pressures. They also upgraded their rating to ADD from NEUTRAL.

According to the report, "There is a 2.2%/1.5% cut in our FY26E/FY27E EPS largely to bake in near-term topline and margin pressure as CLGT is prioritising investments, leveraging its healthy profit margins to remain competitive. We assign ~42x (close to its 5-year average) on Sep'27E EPS, giving us a revised target price (TP) of Rs2,580 (Rs2,555 earlier). We thus upgrade our rating to ADD from NEUTRAL. Category recovery and updates on diversification being explored in personal care will aid in building a constructive view on the stock."

Dividend Record Date:

Alongside the results, the Board of Directors declared a first interim dividend of Rs. 24 per equity share (of face value Re. 1 each) for the financial year 2025-26. The record date to determine shareholder eligibility is Monday, November 3, 2025, and the dividend payment will be made on or from November 19, 2025.

About Colgate-Palmolive India

Colgate Palmolive India Ltd, a subsidiary of the global Colgate-Palmolive Company, is one of India's leading consumer goods firms, renowned for its oral care and personal hygiene products. Its popular brands, including Colgate, Palmolive, and Colgate Visible White, dominate the toothpaste and personal care markets across urban and rural India.

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