24 Oct 2025 | 5 Mins Read
Colgate Palmolive target price set at Rs 2534 by Prabhudas Lilladher
Flipitmoney
Colgate Palmolive's 2Q26 revenue missed expectations, impacted by GST rationalization, competition, and urban demand pressure. However, a General Merchandise (GM) expansion of 80bps led to a Profit After Tax (PAT) beat, beating estimates. The near-term outlook is cautiously optimistic. We estimate 8.4% EPS CAGR over FY26-28, with a target of Rs 2534 and a 'Hold' rating.