COLGATE(I) = Q1 FY 11 RESULTS = NET PROFIT UP 18.7% = FY11 PROMISING

COLGATE POLMOLIVE(I) LIMITED

Q1 FY 11

COMPARISON

Colgate has produced good numbers of performance in Q1 FY11. These are compared below with the preceding quarters.

Net Sales   has increased by 2.4% in Q1 FY11 to Rs.529 Cr – compared to Rs.517 Cr in Q4 FY10 -  and by 13% compared to corresponding quarter of Q1 FY10 Of  Rs.468 Cr. .These figures compare very well with last year’s actual of Rs.1962 Cr.

Profit from Operations has improved by 23% to Rs.152 Cr in Q1 FY11 – compared to Rs.124 Cr in Q4 FY10 – and by 30% compared to Rs.117 Cr in Q1 FY10. Last year’s actual were Rs.461 Cr.

Net Profit has gone up by 6.6% to Rs.122 Cr in Q1 FY11 – compared to Rs.114 Cr in Q4 FY10 – and by 18.7% compared to Q1 FY10 Of Rs.103 Cr. Last year’s Net profit was Rs.423 Cr. Thus there is a good improvement sequentially over previous quarters and Previous year.

Basic EPS in Q1 FY11 has gone up to Rs.8.97 from last Quarter’s Rs.8.41and compared to Rs.7.56 in Q1 FY10.. Last year EPS was Rs.31.12. Hence, current year EPS could see a good rise to 35-37 levels easily.

At current price of Rs.845, the PE ratio on the FY11 estimated earnings comes to  24.

In 2009, Colgate-Palmolive (India) was adjudged as the Best Value Creator (Mid Cap Category) in the 2009 Outlook Money NDTV Profits Awards.

HIGH LIGHTS

OF LAST YEAR FY 2009

a) Sales increased by 16 per cent to Rs. 1,962 crore;

b) Toothpaste business registered an impressive volume growth of 14 per cent;

c) Profit after tax grew by 46 per cent to Rs. 423 crore;

d) Earnings per share registered a robust growth of 46 per cent;

e) Strong cash generation of Rs.397 crore.

Considering the Company’s impressive business performance and strong cash generation, the Board declared a dividend of Rs. 20 per share for the year 2009-10 as against Rs.15 per share in the previous year – an increase of 33 per cent.

Results in figures :

COLGATEPALMOLIVE	Jun-10	Mar-10	Dif%1	Jun-09	dif%2	FY10
Net Sales	52882	51660	2.4	46799	13	196246
Other Operating Income	2090	1939	7.8	1741	20	7274
SIT & WIP	-225	-48	368.8	-31	625.8	-1143
Raw Materials	15419	10285	49.9	9881	56	62952
Traded Goods	4464	5195	-14.1	10646	-58.1	15875
Employees Cost	4436	4210	5.4	3907	13.5	15907
Depreciation	794	2060	-61.5	563	41	3757
Other Expenditure	14887	19546	-23.8	11880	25.3	60082
Total Expenditure	39775	41248	-3.6	36846	7.9	157430
Profit.Operations	15197	12351	23	11694	30	46090
Other Income5	539	279	93.2	858	-37.2	2540
P B T	15702	12590	24.7	12507	25.5	48480
Tax expense	3504	1151	204.4	2229	57.2	6154
Net Profit	12198	11439	6.6	10278	18.7	42326
Dividend (%)	-	-		-		2000
Face Value.Rs	1	1	1	1	0	1
Paid Up Equity	1360	1360	0	1360	0	1360
Reserves	-	-		-		31251
Basic EPS A EI	8.97	8.41	6.7	7.56	18.7	31.12
Public Holding.%	49	49	0	49	0	49

ANNOUNCEMENTS

TO THE EXCHANGE

15-07-2010        Colgate Palmolive (India) Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2010 as follows: Net Sales of Rs. 52882 lacs for quarter ending on 30-JUN-2010 against Rs. 51660 lacs for the quarter ending on 31-MAR-2010. Net Profit / (Loss) of Rs. 12198 lacs for the quarter ending on 30-JUN-2010 against Rs. 11439 lacs for the quarter ending on 31-MAR-2010.       -

27-05-2010        Colgate Palmolive (India) Limited has informed the Exchange regarding a press release dated May 27, 2010 , titled "Colgate's 4Q net sales up 13%, net profit up 48% Colgate's full year net sales up 16%, net profit up 46%".

27-05-2010        Colgate Palmolive (India) Limited has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2010 as follows: Net Sales of Rs. 196246 lacs for year ending on 31-MAR-2010 against Rs. 169481 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 42326 lacs for the year ending on 31-MAR-2010 against Rs. 29022 lacs for the year ending on 31-MAR-2009.       -

27-05-2010        Colgate Palmolive (India) Limited has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2010 as follows: Net Sales of Rs. 196246 lacs for year ending on 31-MAR-2010 against Rs. 169521 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 43410 lacs for the year ending on 31-MAR-2010 against Rs. 28578 lacs for the year ending on 31-MAR-2009.       -

03-05-2010        Colgate Palmolive (India) Limited has informed the Exchange that : "Professional Oral care Products Private Limited, a wholly owned subsidiary of the Company, had applied to the High Court of Bombay at Goa for sanctioning of the Scheme of Amalgamation of Professional Oral Care Products Private Limited with the Company. The High Court by its order dated April 16, 2010 has sanctioned the said Scheme of Amalgamation. The said amalgamation has become finally effective on May 01, 2010, being the date on which the High Court's order has been filed with the Registrar of Companies, Goa".

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