India's Godrej Consumer rises; analysts pin hopes on strong H2 FY26

Godrej Consumer Products

03/11/2025 05:25

** Godrej Consumer GOCP.NS rises 4.4% to 1,167.8 rupees

** Analysts point to signs of improving H2 FY26 after Q2 profit declines on sales disruptions due to GST cuts

** PhillipCapital says H2 should see strong rebound in volumes, margin as soap business improves on stabilising palm oil

** Emkay Global says co enhancing execution, expanding into high-growth segments, benefits of which will show when macro volatility eases

** Centrum says, "We believe there are early signs of tailwinds," adding 400 bps of negative impact on growth due to GST transition implies high-single digit growth on normalised basis, "decent performance"

** Notes that as palm oil price volatility improves, margins will see recovery

** Stock rated "buy" on avg; median PT is 1,400 rupees, per data compiled by LSEG

** YTD, GOCP gains ~8%

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))