Bajaj Consumer Care Ltd

Bajaj Consumer Care Limited reported Q2 FY27 results with revenue of INR233 crores, a 2.7% year-over-year growth, and EBITDA of INR53 crores (25% margin) and PAT of INR70 crores (21% margin). For the first half of FY27, revenue grew 28% to INR674 crores, with EBITDA up 85% to INR167 crores and PAT up 75% to INR141 crores. The company highlighted strong performance of Almond Drops Hair Oil, which delivered double-digit unit volume growth across pack sizes, particularly in small and medium packs. Marketing efforts, including a new TV campaign, were intensified with a 360-degree approach. The growth portfolio, including coconut and amla oil brands, showed strong volume growth, with product upgrades and new launches. Distribution expansion under Project Aarohan added over 1 lakh outlets and reduced fixed S&D costs. International operations saw growth, with improved profitability despite challenges in Bangladesh. Management noted ongoing raw material price volatility but emphasized cost-saving measures and planned price increases in Q3 to offset inflation. Forward-looking guidance included aspirations for mid-teens growth in FY27 and double-digit growth in FY28, though specific targets were not provided. Risks included consumer behavior shifts and inflationary pressures, but management expressed confidence in maintaining growth trajectories through brand strengthening and distribution expansion.

The document emphasizes strong revenue and margin growth, successful brand initiatives, and confidence in future performance despite challenges.