{"id":130641,"date":"2022-06-15T04:23:58","date_gmt":"2022-06-15T08:23:58","guid":{"rendered":"https:\/\/44.250.171.167\/?p=130641"},"modified":"2022-10-06T04:24:22","modified_gmt":"2022-10-06T08:24:22","slug":"godrej-consumer-products-limited-q4-fy22-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/godrej-consumer-products-limited-q4-fy22-earnings-conference-call-insights\/","title":{"rendered":"Godrej Consumer Products Limited Q4 FY22 Earnings Conference Call Insights"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Godrej Consumer Products Limited Q4 FY22 Earnings Concall\" width=\"500\" height=\"375\" src=\"https:\/\/www.youtube.com\/embed\/oAOL3KUYgXY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong>Key highlights from Godrej Consumer Products Limited (<a href=\"https:\/\/44.250.171.167\/symbol\/GODREJCP\/\">GODREJCP<\/a>) Q4 FY22 Earnings Concall<\/strong><\/p>\n<p><strong>Management Update:<\/strong><\/p>\n<ul>\n<li>For FY23, GODREJCP expects double-digit top line growth with low-single digit volume growth. But added that if the palm oil costs moderate by about 7-8%, the company should see some margin expansion, especially in 2H2.<\/li>\n<\/ul>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>Abneesh Roy from Edelweiss asked about Africa business margins in the near term and medium term. Sameer Shah CFO answered that, looking at the overall margins, the company doesn\u2019t expect any margin deterioration in FY23. However, if it happens, GODREJCP should continue to be on the trajectory of gradual margin expansion on a Y-o-Y basis even in FY23.<\/li>\n<\/ul>\n<ul>\n<li>Percy Panthaki of IIFL enquired about incense stick market share, if it\u2019s reached pre-COVID levels. Sudhir Sitapati MD replied that it\u2019s roughly where it was pre-COVID around 13-14%. However, it\u2019s not growing at the rapid pace that it was growing pre-COVID, at least in the post-COVID space.<\/li>\n<\/ul>\n<ul>\n<li>Priyam Daga from VT Capital asked what the company has done to turnaround the Indonesia business. Sudhir Sitapati MD answered that the big change made from Nov. or Dec. was to increase the media support. The strategy is to increase ATL, which is done. In terms of market share, GODREJCP is seeing some movement, but will take a couple of quarters to show this in sales.<\/li>\n<\/ul>\n<ul>\n<li>Abhijeet Kundu with Antique Stock Broking asked about the categories benefiting from the intense summer in FY23. Sudhir Sitapati MD replied that the soap category does benefit. But household insecticide doesn\u2019t work in favor of hot periods.<\/li>\n<\/ul>\n<ul>\n<li>Trilok of Dymon Asia asked about company\u2019s priority on margin improvement vs. penetration on its segments. Sudhir Sitapati MD answered that GODREJCP\u2019s objective is primarily to get category volume growth first. So GM is important, but volume growth and category development are more important.<\/li>\n<\/ul>\n<ul>\n<li>Krishnan Sambamoorthy from Motilal Oswal enquired on Indonesia, if the margin trajectory will mirror the sales trajectory. Sudhir Sitapati MD clarified that it will happen. It may take two quarters. So because of judicious price increases and as growth comes back, GODREJCP will get back its leverage.<\/li>\n<\/ul>\n<ul>\n<li>Gaurang Kakkad from Haitong Securities asked about the growth in urban and rural areas in the India business. \u00a0Sudhir Sitapati MD answered that since GODREJCP has been under-indexed in rural, rural growth have been higher in terms of demand trends. But looking at full year, nothing much has changed.<\/li>\n<\/ul>\n<ul>\n<li>Gaurang Kakkad from Haitong Securities enquired if the company is on track for the guidance of premiumization, product mix improvement, and cost efficiencies and if it can be achieved in FY26-27. Sudhir Sitapati MD answered that 4Q22 was a miss but GODREJCP is on track to steadily increase margins.<\/li>\n<\/ul>\n<ul>\n<li>Aniket Sethi from ICICI Securities \u00a0asked in which areas the company has lost market share. Sudhir Sitapati MD said the company has lost in liquid detergent mainly because of the definition of liquid detergents. There is a big movement in main wash to move from powders to liquids, and Ezee doesn&#8217;t participate in main wash in detergents.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Godrej Consumer Products Limited (GODREJCP) Q4 FY22 Earnings Concall Management Update: For FY23, GODREJCP expects double-digit top line growth with low-single digit volume growth. But added that if the palm oil costs moderate by about 7-8%, the company should see some margin expansion, especially in 2H2. Q&amp;A Highlights: Abneesh Roy from Edelweiss [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,6351,392],"tags":[9163],"class_list":["post-130641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-consumer-stocks","category-earnings","tag-consumer-products"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":170386,"url":"https:\/\/alphastreet.com\/india\/godrej-cp-q1-fy26-earnings-results\/","url_meta":{"origin":130641,"position":0},"title":"Godrej CP Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 20, 2025","format":false,"excerpt":"Godrej Consumer Products Limited is a fast-moving consumer goods (FMCG) company specializing in manufacturing and marketing household and personal care products. Presenting below are its Q1 FY26 Earnings Results Q1 FY26 Earnings Results Revenue: \u20b93,662 crore, up 9.9% year-on-year (YoY) from \u20b93,332 crore in Q1 FY25. Total Expenses: \u20b93,112 crore,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"GODREJCP Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/GODREJJ.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/GODREJJ.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/GODREJJ.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/GODREJJ.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/GODREJJ.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/GODREJJ.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":141801,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-godrej-consumer-products-limited-for-q3-fy23\/","url_meta":{"origin":130641,"position":1},"title":"Earnings Summary Of Godrej Consumer Products Limited For Q3 FY23","author":"Hardik Bhandare","date":"February 15, 2023","format":false,"excerpt":"Godrej Consumer Products Limited (NSE: GODREJCP) is a leading Indian consumer goods company, with a diverse portfolio of brands across several categories, including personal care, home care, hair care, and insecticides. GCPL's personal care portfolio includes several leading brands such as Cinthol, Godrej No.1, and Protekt, which offer a range\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-10.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-10.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-10.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-10.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-10.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-10.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":129942,"url":"https:\/\/alphastreet.com\/india\/infographic-all-you-need-to-know-about-godrej-consumer-products-q4-performance\/","url_meta":{"origin":130641,"position":2},"title":"Infographic: All you need to know about Godrej Consumer Products Q4 performance","author":"Nishad","date":"May 23, 2022","format":false,"excerpt":"Godrej Consumer Products(NSE:\u00a0GODREJCP) posted its fourth-quarter 2022 earnings results. The company posted consolidated revenue of\u00a0\u20b92,939 with a growth of 7% year on year. Godrej consumer products had a net profit of\u00a0\u20b9512 crores or\u00a0\u20b93.55 per share compared to\u00a0\u20b9269 crores or\u00a0\u20b93.58 per share in the same quarter of the previous year.","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/05\/Godrej-Consumer-ProductsQ422.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/05\/Godrej-Consumer-ProductsQ422.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/05\/Godrej-Consumer-ProductsQ422.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/05\/Godrej-Consumer-ProductsQ422.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/05\/Godrej-Consumer-ProductsQ422.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":139606,"url":"https:\/\/alphastreet.com\/india\/infographicgodrej-consumer-products-ltd-nse-godrejcpq3-fy23-results-outtotal-income-rises-6-15-qoq\/","url_meta":{"origin":130641,"position":3},"title":"Infographic|Godrej Consumer Products Ltd.(NSE: GODREJCP)|Q3 FY23 Results Out|Total Income rises +6.15% qoq","author":"Divyansh_Kasana","date":"January 31, 2023","format":false,"excerpt":"Godrej Consumer Products Limited (NSE:GODREJCP) is an Indian multinational consumer goods company based in Mumbai. It was founded in 2001 and is a subsidiary of the Godrej Group. GCPL offers a range of consumer goods including personal care, home care, and fabric care products. The company operates in several countries\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/ca1bf8ff-81a8-4464-82de-9758e9380543-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/ca1bf8ff-81a8-4464-82de-9758e9380543-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/ca1bf8ff-81a8-4464-82de-9758e9380543-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/ca1bf8ff-81a8-4464-82de-9758e9380543-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/ca1bf8ff-81a8-4464-82de-9758e9380543-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/ca1bf8ff-81a8-4464-82de-9758e9380543-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":125447,"url":"https:\/\/alphastreet.com\/india\/earnings-godrej-consumer-products-posts-q2-2022-results\/","url_meta":{"origin":130641,"position":4},"title":"Earnings: Godrej Consumer Products posts Q2 2022 results","author":"Nishad","date":"November 11, 2021","format":false,"excerpt":"Godrej Consumer Products Limited (NSE: GODREJCP) reported its second-quarter 2022 results today. The company\u2019s profit increased by 4.6% to \u20b9479 crores as compared to \u20b9458 crores in the same quarter a year-ago period. While its revenue grew by 8.5% to \u20b93163.6 crores as against \u20b92915.1 crores in the corresponding quarter\u2026","rel":"","context":"In &quot;Consumer&quot;","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":126165,"url":"https:\/\/alphastreet.com\/india\/infographic-all-you-need-to-know-about-godrej-consumer-products-q2-performance\/","url_meta":{"origin":130641,"position":5},"title":"Infographic: All you need to know about Godrej Consumer Products Q2 performance","author":"Nishad","date":"December 16, 2021","format":false,"excerpt":"Godrej Consumer Products(NSE:\u00a0GODREJCP) posted its second-quarter 2022 earnings results The company posted consolidated revenue of \u20b93,186 with a growth of 9% year on year. Godrej consumer products had a net profit of \u20b9448 or \u20b94.68 per share compared to \u20b9285 crores or \u20b94.48 per share in the same quarter of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/12\/Godrej-Consumer-ProductsQ222.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/12\/Godrej-Consumer-ProductsQ222.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/12\/Godrej-Consumer-ProductsQ222.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/12\/Godrej-Consumer-ProductsQ222.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/12\/Godrej-Consumer-ProductsQ222.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/130641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=130641"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/130641\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=130641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=130641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=130641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}