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Godrej Consumer Products (GODREJCP) investor relations material

Godrej Consumer Products Q2 25/26 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 25/26 earnings summary31 Oct, 2025

Executive summary

  • Q2 FY26 saw resilient performance amid GST transition in India and macro challenges in Indonesia, with consolidated revenue up 4% year-over-year and EBITDA up 4%, while net profit declined due to GST impacts and macro headwinds.

  • India (ex-soaps) delivered double-digit volume growth, with Home Care leading at 6% growth and Personal Care declining 2% due to GST impact.

  • International business was mixed: Africa, USA & Middle East grew 25% in sales and 20% in EBITDA, while Indonesia sales declined 7% but gained market share.

  • Unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, were approved with an unmodified auditor's review opinion.

  • Acquisition of Muuchstac, a leading men's face wash brand, strengthens the personal care portfolio and expands presence in the male grooming category.

Financial highlights

  • Consolidated revenue grew 4% in INR terms, with underlying volume growth of 3% and EBITDA margin at 19.3%.

  • Net profit before exceptionals declined by 2% year-over-year to ₹487 crore; consolidated net profit after tax for H1 FY26 was ₹911.79 crore.

  • India EBITDA margin guidance remains at 24%-26% for H2, likely at the lower end.

  • Africa, USA, and Middle East delivered 20% EBITDA growth; Indonesia revenue declined 7% due to pricing and distributor changes.

  • Basic EPS for H1 FY26 was ₹8.91, slightly down from ₹9.21 in H1 FY25.

Outlook and guidance

  • Expect high single-digit underlying volume growth in India and consolidated high single-digit revenue growth for FY26.

  • India and GAUM businesses are expected to deliver double-digit EBITDA growth for the full year.

  • Margin improvement expected in H2 as GST-related disruptions subside and cost savings materialize.

  • Board expects continued growth with strategic acquisitions and ongoing restructuring in international markets.

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Q3 25/2623 Jan, 2026

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Frequently asked questions

Godrej Consumer Products Limited is an India-based consumer goods company specializing in personal care, hair care, home care, and hygiene products. The company offers a range of products, including soaps, hair color, household insecticides, and air care items, targeting various consumer needs. Serving markets across Asia, Africa, and Latin America, Godrej Consumer Products operates with a focus on emerging markets and leverages its extensive distribution network to reach a broad customer base. The company is headquartered in Mumbai, India, and its shares are listed on the BSE and NSE.

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