Colgate Palmolive (India) Limited CC-Mar24.pdf · 2024-05-15
Prabha, my first question is on margins actually. Apart from pricing and better mix, you mentioned there is a continuous cost -saving initiative that is improving the margins both on gross and on EBITDA level. How much more juice do you think we have that we can take out from the cost side which can keep taking these margin profiles higher? I'm sure we are quite an efficient Company and I'm sure there is a lot of zero -base budgeting that you guys will do. But for us to understand where the gross margins can really stack at somewhere from 69%, 70% levels maybe in the next few years’ time, where can it really settle down only from the costing side? I understand the premiumization side, but from that side maybe you can help us understand.
Second question, Prabha. I just want a clarification. You mentioned that 9.5% growth rate is a sustainable growth rate that we should assume on overall basis. Is that a correct understanding?