BAJAJCON

Bajaj Consumer Care share price & financials

Price
₹625.25
Market cap
₹7.2k Cr
Sector
Fast Moving Consumer Goods
Calls analysed
6
Latest concall · Q1 FY27 · call held 13 Jul 2026

Bajaj Consumer Care Limited Q1 FY27

Revenue ₹341 cr +28%EBITDA ₹84.4 cr +100%EBITDA Margin 24.7% PAT ₹70.7 cr

What went well

  • Revenue grew by over 28% to ₹341 crores despite a dynamic environment.
  • EBITDA doubled to ₹84.4 crores, resulting in a strong margin of 24.7%.
  • PAT stood at ₹70.7 crores, achieving a margin of 20.7%.

What to watch

  • Gross margins dropped sequentially from 63% in Q4 to 61.8% in Q1 due to unprecedented raw material price volatility.
  • Management anticipates gross margins to be under further stress in Q2 FY27.
Read the full call →

What Bajaj Consumer Care Limited does

Bajaj Consumer Care manufactures and markets personal-care products spanning hair oils, skin care, coconut oil and ethnic/herbal ranges, sold through general trade, organized trade (modern trade, e-commerce, quick commerce, CSD/CPC) and international markets. Its flagship brand, Bajaj Almond Drops Hair Oil, is the market leader in India's Light Hair Oil category. The company manufactures at its own plants in Guwahati (Assam) and Paonta Sahib (Himachal Pradesh), and completed acquisition of Vishal Personal Care Private Limited (owner of the Banjara's natural/Ayurvedic personal-care brand) in FY25 to expand into herbal skincare and haircare. Products reach consumers in India and 30+ countries, including Nepal, Bangladesh and the GCC & Africa region.

Segments

  • Domestic (India) business
  • International Business (IB)
Category position
No. 1 player in India's Light Hair Oil category (Bajaj Almond Drops Hair Oil)
Retail outlets reached
43 lakh+ (~4.3 million)
Consumer base
Over six crore (60 million+) consumers
Countries where products are sold
30+
Manufacturing plants
2 (Guwahati, Assam; Paonta Sahib, Himachal Pradesh)
Subsidiary
Wholly owns Vishal Personal Care Private Limited, owner of the Banjara's brand
Headquarters Mumbai, Maharashtra (registered office: Udaipur, Rajasthan) Company website

Guidance record · Q1 FY27

what the last two calls moved 11 tracked 4 delivered 0 missed 7 open
  • EBITDA Margin on track said Q4 FY26 Promised: Maintain EBITDA margins in the low to mid 20s range Q1 FY27: EBITDA margin was 24.7%, well within the guided 'low to mid 20s' range. Management reiterated this aspiration for the long-term.
  • M&A Integration delivered said Q1 FY26 Promised: Complete distribution integration of Vishal Personal Care in 4-5 quarters Q4 FY26: VPC is now referred to as 'integrated' and contributing to consolidated revenues for its first full year.

All 11 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 25.3%, net profit up 86.8% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue234 234 250 273 265 +13%306 +31%327 +31%342 +25%
EBITDA33 26 32 41 48 +45%56 +115%77 +141%83 +102%
Net profit32 25 31 38 42 +31%46 +84%64 +106%71 +87%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +134.4% 1Y

₹200₹300₹400₹500₹600₹700Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q3 FY26 — 21 Jan 2026Q4 FY26 — 17 Apr 2026Q1 FY27 — 13 Jul 2026

1Y: ₹222.01 on 10 Sept 2025 → ₹520.5. High ₹670.25 (10 Jul 2026), low ₹222.01 (10 Sept 2025).

How the price took the results

close before → close after

Q1 FY27
−1.5%
13 Jul
Q4 FY26
+9.6%
17 Apr
Q3 FY26
−5.1%
21 Jan

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 6.8% a year over 3 years, FY23 to FY26. Operating margin widened to 19.0%.

Year endingFY23FY24FY25FY26
Revenue₹960 Cr₹984 Cr₹964 Cr₹1.2k Cr
Operating profit₹141 Cr₹156 Cr₹128 Cr₹222 Cr
Operating margin14.7%15.9%13.3%19.0%
Interest₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Depreciation₹8 Cr₹10 Cr₹11 Cr₹16 Cr
Net profit₹139 Cr₹155 Cr₹125 Cr₹190 Cr
Net margin14.5%15.8%13.0%16.2%
ROCE21.0%23.0%19.0%30.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹15 Cr₹15 Cr₹14 Cr₹14 Cr₹13 Cr₹13 Cr
Reserves₹742 Cr₹795 Cr₹775 Cr₹816 Cr₹632 Cr₹742 Cr
Borrowings₹5 Cr₹0 Cr₹9 Cr₹9 Cr₹18 Cr₹16 Cr
Other liabilities₹132 Cr₹122 Cr₹125 Cr₹144 Cr₹182 Cr₹174 Cr
Total liabilities₹894 Cr₹931 Cr₹924 Cr₹984 Cr₹845 Cr₹945 Cr
Fixed assets₹149 Cr₹152 Cr₹160 Cr₹158 Cr₹298 Cr₹298 Cr
Capital work in progress₹25 Cr₹28 Cr₹28 Cr₹28 Cr₹28 Cr₹27 Cr
Investments₹585 Cr₹612 Cr₹575 Cr₹586 Cr₹230 Cr₹367 Cr
Other assets₹135 Cr₹140 Cr₹161 Cr₹212 Cr₹288 Cr₹253 Cr
Total assets₹894 Cr₹931 Cr₹924 Cr₹984 Cr₹845 Cr₹945 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public trimmed −5.29 pp while FIIs added +5.16 pp. The shareholder count shrank 13% to 1,22,807.

Promoters
43.0%
FIIs
16.1%
DIIs
14.9%
Public
26.0%

Since Jun 2025

  • Public −5.29 pp
  • FIIs +5.16 pp
  • Promoters +2.02 pp

How it drifted, 12 quarters

Over this window promoters went from 39.4% to 43.0% — +3.6 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 39.4%, FIIs 14.8%, DIIs 17.4%, Public 28.5%.Dec '23: Promoters 39.4%, FIIs 14.4%, DIIs 17.2%, Public 29.1%.Mar '24: Promoters 39.3%, FIIs 14.1%, DIIs 17.5%, Public 29.1%.Jun '24: Promoters 39.3%, FIIs 14.2%, DIIs 17.5%, Public 29.1%.Sep '24: Promoters 41.0%, FIIs 10.8%, DIIs 20.7%, Public 27.5%.Dec '24: Promoters 41.0%, FIIs 10.5%, DIIs 20.2%, Public 28.3%.Mar '25: Promoters 41.0%, FIIs 10.6%, DIIs 18.5%, Public 29.9%.Jun '25: Promoters 41.0%, FIIs 10.9%, DIIs 16.8%, Public 31.3%.Sep '25: Promoters 41.0%, FIIs 10.1%, DIIs 15.3%, Public 33.7%.Dec '25: Promoters 43.0%, FIIs 9.7%, DIIs 15.8%, Public 31.6%.Mar '26: Promoters 43.0%, FIIs 16.6%, DIIs 14.3%, Public 26.2%.Jun '26: Promoters 43.0%, FIIs 16.1%, DIIs 14.9%, Public 26.0%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 2 holders trimming and 2 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Bajaj Consumer Care Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Bajaj Resources Pvt. Ltd 42.96%unchanged
HDFC Mutual Fund - HDFC Multi Cap Fund Mutual fund6.47%newly disclosed
Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund Mutual fund5.58%−0.31 pp
Hill Fort India Fund Lp FPI fund3.02%+0.06 pp
360 One Focused Equity Fund Mutual fund1.56%newly disclosed
Jupiter India Fund Global fund house1.09%−0.08 pp
Acadian Emerging Markets Small Cap Equity Fund, Llc Global fund house1.04%unchanged
Deepak Bhagnani 1.02%unchanged
KNB Enterprises LLP 0.01%unchanged
Mr. Shishir Bajaj 0.00%unchanged
Mr. Apoorv Bajaj 0.00%unchanged
SKB Roop Commercial LLP 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Expensive

To justify its price of ₹520, this stock must grow earnings at 21% every year for 7 years. Our analysis caps realistic growth at ~15%. At that growth it is worth ₹378 — downside of 27%.

Growth the price implies
21.2% a year
for 7 years, fading to 4%
It has actually compounded at
11.0% a year
net profit, FY23–FY26 · EPS 15.0%
The gap
0.1 pp
-27% downside if it only repeats history
Price today ₹520.5 Value at the reference growth ₹377.74

Change the assumptions yourself →

All earnings calls (6)

Read the Q1 FY27 call →

Learn to analyse Bajaj Consumer Care Limited

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