Buy Godrej Consumer Products, target price Rs 1350: Motilal Oswal

Motilal Oswal has buy call on Godrej Consumer Products with a target price of Rs 1350. The current market price of Godrej Consumer Products Ltd. is Rs 1286.55.

Godrej Consumer Products Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 130982.37 Crore) operating in FMCG sector.

Godrej Consumer Products Ltd. key Products/Revenue Segments include Personal Care and Other Operating Revenue for the year ending 31-Mar-2023.



Financials
For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 3729.72 Crore, up 1.69 % from last quarter Total Income of Rs 3667.88 Crore and up 2.41 % from last year same quarter Total Income of Rs 3642.07 Crore. Company reported net profit after tax of Rs 581.06 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 63.21 per cent stake in the company as of 31-Dec-2023, while FIIs owned 22.94 per cent, DIIs 8.38 per cent.