BAJAJ CONSUMER (TRADE/INVESTMENT IDEA ON DAILY CHART)
Bajaj Consumer Care Ltd.
Results Snapshot:
Q4FY23 Quarterly & FY23 Annual Result Announced for Bajaj Consumer Care Ltd.
Personal Products company Bajaj Consumer Care announced Q4FY23 & FY23 results:
Volume growth of 9.9% in Q4FY23 and 5.6% in FY23 YoY
Value growth of 11.7% in Q4FY23 and 8.4% in FY23 YoY, Hair oil grew by 11.9% in Q4FY23 and by 8.1% in FY23
NPDs grew by 2.1X in FY23 to Rs 113 crore from Rs 53 crore in FY22
On Consolidated basis, value growth of 9.5% in FY 23 with IB growth of 56%
Gross Margins in Q4FY23 – 54.1% v/s Q4FY22 – 56.2%, sequential improvement over Q3FY23 by 110 bps
Gross margin in FY23 – 53.4% v/s FY22 – 57.3%
Inflation in RM prices impacted margins on YoY basis
EBITDA in Q4FY23 margins at 17.9% same as Q4FY22, in absolute terms at Rs 43.3 crore higher by 12% YoY
FY23 – 15.6% of sales (-570 bps) on account of increased investments in A&P ( 160 bps) and reduction in Gross margins (-390 bps)
Bajaj Hair oil market share (Value) in THO remains flat at 10.4% in Q4FY23 v/s Q4FY22
Share Holdings :
Promoter Shareholding
39.35%
FII Shareholding
14.41%
DII Shareholding
17.18%
Public Shareholding
29.06%
Bajaj Resources Private Limited PROMOTER
Goldman Sachs Funds - Goldman Sachs India Equity Portfolio FII
Jupiter India Fund FII
Icici Lombard General Insurance Company Ltd PUBLIC
Huf PUBLIC
Hdfc Mutual Fund - Hdfc Multi Cap Fund DII
Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund DII
Thats all for now.
N.B: I wanted to emphasize that the views I express are strictly personal and should not be construed as advice. It is crucial to consult with your financial advisor before making any trades or investment decisions. The complexity and unpredictability of financial markets underscore the importance of seeking professional guidance tailored to your individual financial circumstances and goals.
Results Snapshot:
Q4FY23 Quarterly & FY23 Annual Result Announced for Bajaj Consumer Care Ltd.
Personal Products company Bajaj Consumer Care announced Q4FY23 & FY23 results:
Volume growth of 9.9% in Q4FY23 and 5.6% in FY23 YoY
Value growth of 11.7% in Q4FY23 and 8.4% in FY23 YoY, Hair oil grew by 11.9% in Q4FY23 and by 8.1% in FY23
NPDs grew by 2.1X in FY23 to Rs 113 crore from Rs 53 crore in FY22
On Consolidated basis, value growth of 9.5% in FY 23 with IB growth of 56%
Gross Margins in Q4FY23 – 54.1% v/s Q4FY22 – 56.2%, sequential improvement over Q3FY23 by 110 bps
Gross margin in FY23 – 53.4% v/s FY22 – 57.3%
Inflation in RM prices impacted margins on YoY basis
EBITDA in Q4FY23 margins at 17.9% same as Q4FY22, in absolute terms at Rs 43.3 crore higher by 12% YoY
FY23 – 15.6% of sales (-570 bps) on account of increased investments in A&P ( 160 bps) and reduction in Gross margins (-390 bps)
Bajaj Hair oil market share (Value) in THO remains flat at 10.4% in Q4FY23 v/s Q4FY22
Share Holdings :
Promoter Shareholding
39.35%
FII Shareholding
14.41%
DII Shareholding
17.18%
Public Shareholding
29.06%
Bajaj Resources Private Limited PROMOTER
Goldman Sachs Funds - Goldman Sachs India Equity Portfolio FII
Jupiter India Fund FII
Icici Lombard General Insurance Company Ltd PUBLIC
Huf PUBLIC
Hdfc Mutual Fund - Hdfc Multi Cap Fund DII
Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund DII
Thats all for now.
N.B: I wanted to emphasize that the views I express are strictly personal and should not be construed as advice. It is crucial to consult with your financial advisor before making any trades or investment decisions. The complexity and unpredictability of financial markets underscore the importance of seeking professional guidance tailored to your individual financial circumstances and goals.
Trade active:
bought at cmp
Trade active