AMSEC initiates coverage on Godrej Consumer with 'buy', shares muted

Godrej Consumer Products

10/06/2025 09:31

** Godrej Consumer Products shares GOCP.NS down 0.1% to 1,216.5 rupees

** Brokerage AMSEC starts coverage with "buy" rating and 1,410 rupees PT, a 16% premium on last close

** Highlights GOCP projected to deliver 10% revenue CAGR over FY25-27, boosted by hair colour segment growth, fabric care business expansion and international ops turnaround

** Notes reasonable valuations, strong earnings trajectory, focus on product development, and global portfolio gains

** AMSEC anticipates re-rating stock after margins recover; maintains positive medium-term view

** Expects Raymond's RYMD.NS consumer business revenue and margins to benefit co by FY26

** GOCP acquired RYMD's consumer business in Oct 2023

** GOCP rated "buy" on avg, median PT 1,387 rupees - data compiled by LSEG

** YTD, GOCP up 12%

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))