Goldman tips India's Godrej Consumer to be fastest growing among FMCGs

Godrej Consumer Products

18/03/2025 05:25

** Godrej Consumer shares GOCP.NS jump 3.3% to 1,086.5 rupees

** Goldman Sachs says GOCP to be the fastest growing Indian consumer company in FY26; keeps "buy" and 1,370 rupees PT

** Says growth in air freshener and fabric care products plus price hikes in soaps to boost earnings

** Says 31% stock slide in 6 months (vs 20% drop in FMCG index .NIFTYFMCG) makes an attractive entry point, with valuation now among cheapest

** GOCP's F12M PE of 35x is 2nd-lowest among 22 FMCG companies GS covers

** 32 analysts' avg rating on GOCP is "buy"; median PT 1,300 rupees -LSEG data

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))