India's Godrej Consumer falls after broker notes margin pressure, cuts target price

Godrej Consumer Products

07/05/2026 05:33

** Shares of Godrej Consumer Products GOCP.NS fall about 5% to 1,041.7 rupees; Nifty FMCG  .NIFTYFMCG down 0.7%

** CLSA ("Underperform"; cuts PT to 821 rupees from 885 rupees) says co took mid-single digit price hikes across soap, detergent segments in April

** Notes management's expectation EBITDA margin pressure during H1FY27 due to inflation in crude-linked derivatives and palm oil prices

** Soap and detergent maker Q4 profit rose 9.7% on strong volume growth in its India business, momentum in international markets

** Stock rated "Buy" on average by 34 analysts; median PT at 1,347 rupees - data compiled by LSEG

** YTD, stock down 15%; Nifty FMCG decline about 8%

(Reporting by Mridula Kumar in Bengaluru)

((Mridula.Kumar@thomsonreuters.com;))