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About Colgate-Palmolive (India)
History of Colgate-Palmolive (India) Limited
Colgate-Palmolive (India) Limited, a subsidiary of Colgate-Palmolive, USA, started its operations in India in 1937. The company is one of the leading providers of oral care products in India. They provide various oral care and personal care products under their brands, Colgate and Palmolive. All these products are scientifically proven. In India, the company launched its first product, Colgate Dental Cream, in 1937. Since then, they have been introducing several oral and personal care products like Halo Shampoo, Palmolive Shave Foam, Palmolive Extra Care Soap, Colgate Extra Clean Gum Care toothbrush, Colgate MaxFresh Cool Clove mouthwash, etc. In 1978, the company released its IPO. The company has manufacturing facilities in India in Andhra Pradesh, Himachal Pradesh, Goa and Gujarat. These plants are about 3,64,600 square meters in size, and 2.7 MW of green energy is installed. The company has partnered with about 2,200 suppliers for raw materials, logistic support, packaging materials, marketing, and many other offerings. As of March 2023, the company has reached 1.7 million homes. The company also works towards creating oral hygiene awareness through its Colgate Bright Smiles, Bright Futures programme. In India, as of March 2023, the company reached out to more than 171 million children aged 6-12 years.Business Segments of Colgate-Palmolive (India) Limited
The company operates only in one business segment, Personal Care. Personal Care: This segment also includes oral care. They offer products such as toothpaste, mouthwash, toothbrushes, shaving foams, etc. They even offer exclusive products for kids and adults. Colgate-Palmolive (India) Limited also offers science-led innovative products, such as KEEP Toothbrush, which is a sustainable product, Advanced Electric Toothbrush, Visible White O2 Toothbrush, etc. As of March 31, 2023, there are no subsidiary companies under Colgate-Palmolive (India) Limited.Key Personalities of Colgate-Palmolive (India) Limited
Prabha Narasimhan, Managing Director and Chief Executive Officer (CEO) Prabha Narasimhan, the Managing Director and CEO of Colgate-Palmolive (India) Limited, joined the company in 2022. Previously, she worked at Hindustan Unilever (HUL) as Executive Director and a HUL Leadership Team member. Prabha Narasimhan has a vast experience of about 25 years in consumer marketing, innovation, and customer development. She has experience across various regions and multiple categories, such as personal care, skin care, foods and home care.Corporate Actions of Colgate-Palmolive (India) Limited
Colgate-Palmolive (India) Limited announced a bonus share with a 1:1 ratio, and the record date was September 24, 2015.SWOT Analysis of Colgate-Palmolive (India) Limited
Strengths- Possess a strong brand recognition.
- Offers various oral care products catering to various age groups of customers.
- Has a strong distribution network, where the products are supplied to both urban and rural regions.
- The business model can be easily imitated by the competitors.
- There is an increased opportunity for natural products without chemicals.
- Acquisition of small players can reduce competition.
- Increase the usage of green energy to reduce carbon footprint.
- Water is an important resource in manufacturing units, and water scarcity can delay operations.
- Bad waste management may result in violations of legal waste disposal regulations.
Parent Organisation
MNC Associate
Managing Director
Mukul Deoras
Founded
1937
NSE Symbol
COLPAL
Community Discussion
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10th July, 2024
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Colgate Palmolive India Ltd FAQs
What is the share price of Colgate Palmolive India Ltd (COLPAL) shares?
Colgate Palmolive India Ltd (COLPAL) share price as of October 11, 2024, on NSE is Rs 3689.65 (NSE) and Rs 3689.65 (BSE) on BSE.
Can I buy Colgate Palmolive India Ltd (COLPAL) from Angel One?
Yes, You can buy Colgate Palmolive India Ltd (COLPAL) shares by opening a Demat account with Angel One.
How do I buy Colgate Palmolive India Ltd (COLPAL) from Angel One?
Colgate Palmolive India Ltd (COLPAL) share can be bought through the following modes:
1. Direct investment: You can buy Colgate Palmolive India Ltd (COLPAL) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Colgate Palmolive India Ltd (COLPAL) shares.
1. Direct investment: You can buy Colgate Palmolive India Ltd (COLPAL) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Colgate Palmolive India Ltd (COLPAL) shares.
What is the main business of Colgate?
The main business of Colgate is to manufacture and trade in personal healthcare products, especially scientifically proven oral care products. Colgate’s product range includes toothpaste, tooth powder, toothbrush and mouthwash. Colgate was incorporated in 1937 in India.
Who are the promoters of Colgate?
The two key promoters of Colgate are Colgate-Palmolive Company and Colgate-Palmolive (Asia) Pte Ltd.
What is the market share of colgate in toothpaste industry?
The market share of Colgate in the toothpaste industry approximates 50% as of May 2022.
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