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Bajaj Consumer Care (BAJAJCON) investor relations material
Bajaj Consumer Care Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Consolidated Q3 FY26 revenue reached INR 306.1 Cr, up 32.7% year-over-year, with standalone revenue at INR 286.7 Cr, up 27.1% year-over-year; gross margin improved to 60.0% and PAT rose 83.2% year-over-year.
Standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025, were reviewed and approved by the Board on January 21, 2026.
Statutory auditors issued unmodified (clean) review reports for both standalone and consolidated results.
Volume-led growth observed in both urban and rural segments, with urban channels and organized trade (modern trade, e-commerce) showing strong double-digit growth.
International business remained weak, declining mid-single digits year-over-year, but Nepal and Bangladesh showed sequential improvement.
Financial highlights
Standalone EBITDA for Q3 FY26 was INR 58.4 Cr, up 99.1% year-over-year, with margin at 20.4%; consolidated EBITDA was INR 56.9 Cr, up 109.5%, with margin at 18.6%.
Standalone revenue from operations for Q3 FY26 was ₹28,687 lakh, up from ₹22,928 lakh in Q3 FY25; consolidated revenue was ₹30,609 lakh, up from ₹23,442 lakh.
Standalone net profit for Q3 FY26 was ₹4,760 lakh, up from ₹2,752 lakh in Q3 FY25; consolidated net profit was ₹4,637 lakh, up from ₹2,706 lakh.
General trade channel recovered strongly, and modern trade/e-commerce continued robust growth.
Almond Drops Hair Oil (ADHO) delivered strong double-digit volume and value growth; A&SP spend increased 37% year-over-year.
Outlook and guidance
Management aspires to sustain higher growth rates than in the past, with gradual margin improvement expected.
Distribution expansion to continue, targeting 10% annual increase in direct coverage for the next 4-5 years.
Focus remains on core brands (ADHO and coconut oil), with innovation and portfolio optimization planned over the next 2-3 quarters.
Easing inflation, supportive policy, and strong agricultural outlook are expected to drive further consumption growth.
Rural demand, previously sluggish, is showing signs of recovery and is expected to improve sequentially.
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