Colgate Palmolive - First Cut - Microsec

Colgate Palmolive announced its Q3 FY13 results on 30 Jan 2013. The company's Net Sales increased by 14% YOY to INR763 crore but its EBITDA remain flat at 150 crore YOY. EBITDA Margin of the company decreased from 21.6% to 19.1% YOY. PAT of the company decreased by 4% YOY to INR111 crore. Result of the company was below market expectation.

At the CMP of INR1384, the stock discounts its FY13E EPS of INR38 by 36.4x.

Source : Equity Bulls

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