Bajaj Consumer Care Targets ₹500 Crore Growth Portfolio Amid Rising Costs
Bajaj Consumer doubles down on growth brands with ₹500 crore target
Mint
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Bajaj Consumer Care Ltd aims to expand its growth portfolio to ₹500 crore over the next three years, focusing on existing brands like coconut oil and amla oil. Despite rising input costs, the company reported a net profit of ₹63.6 crore in Q4FY26, with a 30.4% increase in revenue year-on-year.
- 01Bajaj Consumer Care plans to grow its portfolio to ₹500 crore in three years.
- 02The growth portfolio currently generates ₹225 crore in annual revenue.
- 03Net profit for Q4FY26 more than doubled to ₹63.6 crore.
- 04The company faces input cost pressures, prompting price hikes and cost optimization.
- 05Bajaj's stock has surged over 170% in the past year, outperforming the broader market.
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Bajaj Consumer Care Ltd, based in Mumbai, is set to grow its 'growth portfolio' to ₹500 crore over the next three years, focusing on brands such as coconut oil and amla oil. The current revenue from this portfolio stands at ₹225 crore. Despite challenges from rising input costs, which have increased by 20% to 50% across categories, the company reported a net profit of ₹63.6 crore for Q4FY26, a significant increase from the previous year. Revenue from operations rose by 30.4% to ₹326.65 crore, and EBITDA surged 135% to ₹77 crore, resulting in a consolidated EBITDA margin of 23.7%. The company has also seen a substantial increase in its stock value, rising over 170% in the past year. Recent leadership changes and the merger with Vishal Personal Care are expected to enhance its market presence, particularly in southern India. Analysts have noted improved performance under the new management, attributing it to better execution and benefits from GST rate rationalization.
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The company's growth strategy may lead to more product offerings and potentially better pricing for consumers, despite rising costs.
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