24 Oct 2025 | 3 Mins Read
Motilal Oswal recommends buying Colgate with a target of Rs 2850
Flipitmoney
Colgate's (CLGT) 2QFY26 revenue fell 6% YoY to INR15.2b due to GST-led transition and weak volume growth of ~5%. However, premium portfolio delivered better revenue growth and gross margin expanded 100bp YoY to 69.5%. EBITDA margin remained flat, but Colgate is expected to recover. Motilal Oswal recommends buying Colgate with a target of Rs 2850.