Colgate-Palmolive India Declares Rs. 24 Dividend Amid FY26 Profit Dip

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AuthorIshaan Verma|Published at:
Colgate-Palmolive India Declares Rs. 24 Dividend Amid FY26 Profit Dip
Overview

Colgate-Palmolive India's board has approved an interim dividend of Rs. 24 per share for FY26, bringing the total for the year to Rs. 48. The company reported a 7.8% decline in full-year profit to Rs. 1,325 crore on flat net sales of Rs. 5,983 crore, with Q4 profit also down 8.8%.

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Colgate-Palmolive India announced its financial results for the fiscal year ending March 31, 2026, reporting a net profit of Rs. 1,325.31 crore, a decrease from Rs. 1,436.81 crore in the previous fiscal year. The company's net sales for the full year were flat at Rs. 5,983.57 crore.

Dividend and Leadership Update

The company declared a second interim dividend of Rs. 24 per equity share for FY26, making the total dividend payout for the year Rs. 48 per share. This dividend distribution amounts to Rs. 653 crore for FY26. Shareholders will begin receiving payments from June 17, 2026. Additionally, the board approved the re-appointment of Mr. Jacob Sebastian Madukkakuzy as Whole-time Director & Chief Financial Officer for a five-year term, effective October 28, 2026, pending shareholder approval.

Financial Performance Details

For the full fiscal year 2025-26, net sales were Rs. 5,98,357 lakh (₹5,983.57 crore), a slight decrease from Rs. 5,99,920 lakh (₹5,999.20 crore) in FY25. Net profit for the year declined to Rs. 1,32,531 lakh (₹1,325.31 crore) from Rs. 1,43,681 lakh (₹1,436.81 crore) in FY25. The fourth quarter saw net sales increase by 9.0% year-over-year to Rs. 1,582.77 crore, though net profit for the quarter decreased by 8.8% to Rs. 323.86 crore.

Company Status and Future Watchpoints

Colgate-Palmolive India confirmed it does not currently qualify as a 'Large Corporate' as of March 31, 2026. Investors will be monitoring the upcoming 85th Annual General Meeting on July 29, 2026, for shareholder approval of Mr. Madukkakuzy's reappointment and will look for future trends in sales performance and profitability. The company operates within the competitive FMCG sector, facing both domestic and international rivals in the oral care and personal hygiene markets.

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