Bajaj Consumer Care (BAJAJCON) Q4 25/26 earnings summary

Executive summary

• Achieved record annual consolidated revenue of INR 1,153.4 crore, up 21.4% year-over-year, with gross margin at 60.1% and EBITDA at INR 224.4 crore; PAT increased 51.8% to INR 190.2 crore.

• Q4 FY26 consolidated revenue reached INR 326.5 crore, up 32.3% YoY, with gross margin at 63.6% and EBITDA at INR 77.4 crore, up 135.2%; PAT rose 105.2% to INR 63.6 crore.

• Auditors issued an unmodified opinion on both standalone and consolidated financial results for the year ended March 31, 2026.

• Delivered strong growth across all segments and channels, driven by brand strength, strategic execution, and channel/portfolio diversification.

• Vishal Personal Care Limited became a wholly owned subsidiary in May 2025, impacting comparability with prior periods.

Financial highlights

• FY26 consolidated revenue was INR 1,153.4 crore, up 21.4% YoY; Q4 consolidated revenue was INR 326.5 crore, up 32.3% YoY.

• FY26 consolidated gross margin was 60.1%; Q4 gross margin was 63.6%.

• FY26 consolidated EBITDA was INR 224.4 crore (19.5% margin); Q4 EBITDA was INR 77.4 crore (23.7% margin).

• FY26 consolidated PAT was INR 190.2 crore (16.5% margin); Q4 PAT was INR 63.6 crore (19.5% margin).

• Standalone FY26 revenue was INR 1,080.9 crore, up 16.5% YoY; standalone PAT was INR 19,373.06 lakh.

Outlook and guidance

• Growth portfolio aims to reach INR 500 crore in annual sales over the next three years, up from INR 225 crore currently.

• Expects to maintain EBITDA margins in the low- to mid-20s range, despite input cost volatility.

• Board approved a Scheme of Arrangement for the demerger of VPCL's manufacturing and distribution, with NCLT approval received in April 2026; effectiveness pending ROC filing.

• International business expected to improve sequentially over the next two quarters with new leadership.

• Plans continued investment in advertising and digital initiatives to support brand growth.