Colgate Palmolive (India)500830Dividend news update
Board approves First Interim Dividend of Rs. 24/- per share for FY 2026-27
Board declared a First Interim Dividend of Rs. 24/- per equity share (face value Re. 1/-) for FY 2026-27.
By ScoutQuest · · 2 min read
Rs. 1,692 Crore+12.3%
2025Rs. 1,507 Crore2026Rs. 1,692 Crore
- Dividend per share
- First Interim Dividend of Rs. 24/- per equity share (face value Re. 1/-) for FY 2026-27
- Record date
- November 2, 2026
- Total payout
- Rs. 65,277 Lakhs
Dividend declared
- The Board declared a First Interim Dividend of Rs. 24/- per equity share of face value Re. 1/- each for the Financial Year 2026-27.
- Record date is November 2, 2026: shareholders whose names appear in the Register of Members on that date are eligible.
- The dividend will be paid on and from November 19, 2026.
- Total payout: Rs. 65,277 Lakhs, described in the company's release as Rs. 653 Crore.
Q2 FY27 results in brief
- Net sales Rs. 1,692 Crore, up 12.2% from Rs. 1,507 Crore in the same period last year.
- Net profit after tax Rs. 342 Crore, against Rs. 328 Crore a year earlier. Excluding one-offs and exceptional items, net profit after tax grew 5.5%.
- Gross margin 69.6%, up 40 bps year-on-year, which the company links to its cost savings and pricing actions.
- Management commentary cites a second consecutive quarter of double-digit domestic growth, with high-single-digit volume expansion in toothpaste led by the premium range and Colgate MaxFresh, and continued investment in brand building.
Other board decisions
- Ms. Ragini Gajaria appointed Internal Auditor with effect from October 22, 2026, on the Audit Committee's recommendation.
- Resignation of Mr. Gunjit Jain as Executive Vice President - Marketing noted, effective close of business on November 30, 2026, to pursue a professional growth opportunity outside the company.
- Mr. Akash Parekh, currently Senior Director, Marketing - Asia Pacific (APAC), approved as Executive Vice President - Marketing effective December 1, 2026, in succession to Mr. Gunjit Jain.
- Members' approval for Mr. Manish Anandani as Managing Director & CEO is to be sought through a postal ballot, with the cut-off date of October 23, 2026.
What this means for retail investors
- The dividend is the headline action: Rs. 24/- per equity share, with November 2, 2026 as the record date for eligibility and payment from November 19, 2026.
- The quarter shows double-digit sales growth, while profit growth excluding one-offs was 5.5%; the two figures together show how sales growth and profitability moved at different paces.
- A senior marketing role changes hands on stated dates with a named successor, so the transition is spelled out rather than left open.
Also from Colgate Palmolive (India)
Dividend tax email: Rs. 24 per share First Interim Dividend, TDS at 10% or 20%, documents by November 2
23 Oct 2026
Newsletter: Q2 net sales up 12.2%, first interim dividend of Rs. 24 per share
23 Oct 2026
Colgate shares fell 5% after results, with Jefferies cutting earnings estimates for the stock
23 Oct 2026
More numbers
- First Interim Dividend per equity shareRs. 24/-
- Total dividend payoutRs. 65,277 Lakhs
- Net sales for the quarter ended September 30, 2026Rs. 1,692 Crore
- Net sales for the quarter ended September 30, 2025Rs. 1,507 Crore
- Net profit after tax for the quarter ended September 30, 2026Rs. 342 Crore
- Year-on-year net sales growth12.2%
- Net profit after tax growth excluding one-offs5.5%
- Gross margin69.6%
Source: BSE · 22 Oct 2026
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