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  4. /Bajaj Consumer Care Ltd
MomentumDeep Value

Bajaj Consumer Care Ltd: Why Is It Outperforming Nifty 500?

Active
RS +53.2%Very Strong12w Streak

In Week of May 10, 2026, Bajaj Consumer Care Ltd (FMCG - Personal Care) is outperforming Nifty 500 with +53.2% relative strength. Fundamentals: Very Strong. On a 12-week streak.

Bajaj Consumer Care Ltd Key Facts

PE Ratio
30.9x
Price/Book
7.28x
Market Cap
₹5,884 Cr
PAT Growth YoY
+107%
Revenue Growth YoY
+31%
OPM
23.0%
RS vs Nifty 500
+53.2%
PE: At PeakFull Momentum

What's Happening

🚀Both earnings and PE expanding — full momentum mode
🌐FII stake decreased 0.7% this quarter
🏛️DII reducing — stake down 5.4%
💰Trading 49% below estimated fair value — significant discount

Earnings Acceleration Triggers

1. Market Share Gains
OngoingHIGH
2. Geographical Expansion
FY26-FY30HIGH
3. Value Added Product Mix Shift
3 yearsMEDIUM

Key Risks

1. LLP prices in Q4 25-26 are significantly higher than Q3
MEDIUM
2. International business in GCC, Africa, and RoW remains weak
LOW

Sector-Specific Signals

ADHO Volume GrowthNear double-digit
A&P Spend as % of Sales15.6%+30 bps
Direct Outlet Reach6 lakh+10%
Rural Sales GrowthTwentiesStrong

Key Numbers

PAT Growth YoY
+107%
Accelerating
Revenue YoY
+31%
Stable
Operating Margin
23.0%
+1000 bps YoY
PE Ratio
30.9
PEG Ratio
0.00
EV/EBITDA
26.7
Current Price
₹450
Fundamental Score
82/100
Very Strong
3Y PAT CAGR
+11%
Market Cap
7.1K Cr
Valuation
Significantly Undervalued

12-Week Performance

Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.

12 weeks agoThis week

Why Are Bajaj Consumer Care Ltd's Earnings Accelerating?

Based on Q4 FY26 earnings • Updated Apr 18, 2026

Market Share Gains

Expected: OngoingHIGH confidence

What: ADHO Volume Growth: Near double-digit

“Volume market gains recorded both on L3M and MAT basis. ... brand recorded a near double digit volume growth.”

Geographical Expansion

Expected: FY26-FY30HIGH confidence

What: Direct Reach: 10% annual growth

“we want to expand around 10% coverage every year and do it year-on-year for the next 4 years to 5 years.”

Value Added Product Mix Shift

Expected: 3 yearsMEDIUM confidence

What: Growth Portfolio Sales: INR 225 Cr

Impact: INR 500 Cr target

“Within this the Coconut portfolio is the largest, followed by Banjara’s ... aspire to take this portfolio to Rs 500 Cr.”

Operating Leverage Inflection

Expected: Q4 FY26MEDIUM confidence

What: EBITDA Margin: 23.7%

Impact: +1040 bps YoY

“EBITDA on a stand-alone basis for Q3 grew by 99% ... Q4 EBITDA stood at INR 77.4 Crs, +135.2% YoY.”

New Product Or Brand Launch

Expected: Next 2-3 quartersLOW confidence

What: Innovation Pipeline: Calibrated launches

“We would also launch meaningful innovation over a period of time and build our capabilities to drive the next level of growth.”

Consolidated Revenue Growth of 32.3%

HIGH confidence

What: Consolidated Revenue Growth of 32.3%

“Almond Drop Hair Oil has delivered a very, very strong value growth on the back of double-digit volume growth.”

International Business guidance raised

HIGH confidence

What: Challenged/Weak → Sequential improvement expected

“With new leadership in place we expect IB to start improving sequentially over next 2 quarters.”

What Are the Key Risks for Bajaj Consumer Care Ltd?

Earnings deceleration risks from management commentary

LLP prices in Q4 25-26 are significantly higher than Q3

MEDIUM

Trigger: Market price trends for Light Liquid Paraffin are moving upwards.

Management view: Inventory position kept consumption level prices stable for the current quarter.

Monitor: commodity

International business in GCC, Africa, and RoW remains weak

LOW

Trigger: Unstable go-to-market issues and geopolitical impacts on revenue in markets like Nepal (previously).

Management view: New leadership and focus on Nepal/Bangladesh breakeven.

Monitor: geopolitical

What Is Bajaj Consumer Care Ltd's Management Saying?

Key quotes from recent conference calls

“our stated point of view has been that we want to expand around 10% coverage every year and do it year-on-year for the next 4 years to 5 years. [Previous Direct Distribution Expansion guidance]”
“Aarohan Extended to Phase 3 now .. Implementation in BH, JH, OD, PB. [Initiative: Aarohan Phase 3]”
“Q4 25-26 price is significantly higher than Q3, however at consumption level our prices were same due to inventory position. [Risk (commodity): MEDIUM]”
“RoW and GCC & Africa remained weak and declined in the quarter and for the year. [Risk (geopolitical): LOW]”

What Did Bajaj Consumer Care Ltd Report This Quarter?

Headline numbers from the latest earnings call

Revenue

INR 326.5 Cr

YoY +32.3%QoQ +6.6%

Why: Growth was driven by a 28.5% increase in standalone net sales and a recovery in the general trade channel, particularly in rural segments.

The company achieved its highest quarterly revenue of the fiscal year in Q4.

EBITDA

INR 77.4 Cr

YoY +135.2%Margin 23.7%

Why: Margin expansion was driven by an 800 basis point improvement in gross margins due to strategic pricing and mix improvement.

EBITDA margins saw a massive expansion from 13.3% in Q4 FY25 to 23.7% in Q4 FY26.

PAT

INR 63.6 Cr

YoY +105.2%QoQ +37.1%

Why: Profit growth followed the strong EBITDA performance and improved operational efficiencies across domestic and international focus markets.

PAT margins improved to 19.5% on a consolidated basis for the quarter.

Other Highlights

• Gross margin reached 63.6% in Q4, a 966 bps YoY improvement.

• Rural segment registered strong twenties growth in the final quarter.

• International business achieved breakeven in the Bangladesh market.

What Sector Metrics Matter for Bajaj Consumer Care Ltd?

Sub-sector-specific signals from the latest concall — each with management's stated reason for the change

ADHO Volume Growth

Near double-digit

Why: Driven by strong performance across pack groups and increased A&P spends.

A&P Spend as % of Sales

15.6%

YoY +30 bpsQoQ -20 bps

Why: Increased absolute spending to maintain SOV/SOM for the core ADHO brand.

Direct Outlet Reach

6 lakh

YoY +10%

Why: Strategic focus on building a solid direct distribution system through the Aarohan program.

Rural Sales Growth

Twenties

YoY Strong

Why: Recovery in the rural channel following changes in the coverage model.

Gross Margin

63.6%

YoY +966 bpsQoQ +380 bps

Why: Mix of strategic pricing, revenue management, and mix improvement.

Organized Trade Salience

30%

Why: Robust growth in E-commerce and Modern Trade channels.

Growth Portfolio Annual Sales

INR 225 Cr

Why: Scaling of Coconut and Banjara's brands.

Inventory Value

INR 66.1 Cr

YoY +20.6%

Why: Strategic inventory positioning to hedge against rising LLP costs.

What Is Bajaj Consumer Care Ltd's Management Guidance?

Forward-looking targets from management for 3 years

Revenue Outlook

INR 500 Cr

Margin Outlook

Aspire to improve margins from current levels

Volume

Confidence in double-digit growth

Management Tone: BULLISH

Guidance Changes

RAISED

International Business: Challenged/Weak → Sequential improvement expected

How Fast Is Bajaj Consumer Care Ltd Growing?

Revenue, profit and margin growth rates

MetricYoY3Y CAGRTrend
Revenue+31%+7%Stable
PAT (Net Profit)+107%+11%Accelerating
OPM23.0%+1000 bpsVolatile

The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Apr 18, 2026.

Other Top FMCG - Personal Care Stocks Beating Nifty 500

Marico Ltd
Weak
+11.8%
Zydus Wellness Ltd
Average • 7w streak
+34.5%
← Back to FMCG - Personal CareDashboard

Frequently Asked Questions: Bajaj Consumer Care Ltd

Based on publicly available financial data. This is educational research, not investment advice.

What were Bajaj Consumer Care Ltd's latest quarterly results?

Bajaj Consumer Care Ltd's latest quarterly results (Mar 2026) show

  • PAT Growth YoY: +106.5% (accelerating)
  • Revenue Growth YoY: +30.8%
  • Operating Margin: 23.0% (volatile)

Is Bajaj Consumer Care Ltd's profit growing or declining?

Bajaj Consumer Care Ltd's profit is growing with an accelerating trend.

  • PAT Growth YoY: +106.5% (latest quarter)
  • PAT Growth QoQ: +39.1% (sequential)
  • 3-Year PAT CAGR: +11.0%
  • Trend: Accelerating — latest quarter growth stronger than prior

What is Bajaj Consumer Care Ltd's revenue growth trend?

Bajaj Consumer Care Ltd's revenue growth trend is stable.

  • Revenue Growth YoY: +30.8%
  • Revenue Growth QoQ: +6.9% (sequential)
  • 3-Year Revenue CAGR: +6.6%

How is Bajaj Consumer Care Ltd's operating margin trending?

Bajaj Consumer Care Ltd's operating margin is volatile.

  • Current OPM: 23.0%
  • OPM Change YoY: +10.0% basis points
  • OPM Change QoQ: +5.0% basis points

What is Bajaj Consumer Care Ltd's 3-year profit and revenue CAGR?

Bajaj Consumer Care Ltd's long-term compounding rates

  • 3-Year Profit CAGR: +11.0%
  • 3-Year Revenue CAGR: +6.6%

Is Bajaj Consumer Care Ltd's growth accelerating or decelerating?

Bajaj Consumer Care Ltd's earnings growth is accelerating with positive momentum on a sequential basis.

  • YoY Acceleration: +16.0% bps
  • Sequential Acceleration: +29.6% bps

What is Bajaj Consumer Care Ltd's trailing twelve month (TTM) performance?

Bajaj Consumer Care Ltd's trailing twelve month (TTM) performance

  • TTM PAT: ₹190 Cr
  • TTM PAT Growth: +52.0% YoY
  • TTM Revenue: ₹1,000 Cr
  • TTM Revenue Growth: +20.9% YoY
  • TTM Operating Margin: 18.7%

Is Bajaj Consumer Care Ltd overvalued or undervalued?

Bajaj Consumer Care Ltd appears significantly undervalued based on our fair value analysis.

  • Valuation Signal: Significantly Undervalued
  • Current PE: 30.9x
  • Price-to-Book: 7.8x

What is Bajaj Consumer Care Ltd's current PE ratio?

Bajaj Consumer Care Ltd's current PE ratio is 30.9x.

  • Current PE: 30.9x
  • Market Cap: 5.9K Cr

How does Bajaj Consumer Care Ltd's valuation compare to its history?

Bajaj Consumer Care Ltd's current PE is 30.9x.

  • Current PE: 30.9x
  • Valuation Assessment: Significantly Undervalued

What is Bajaj Consumer Care Ltd's price-to-book ratio?

Bajaj Consumer Care Ltd's price-to-book ratio is 7.8x.

  • Price-to-Book (P/B): 7.8x
  • Book Value per Share: ₹58
  • Current Price: ₹450

Is Bajaj Consumer Care Ltd a fundamentally strong company?

Bajaj Consumer Care Ltd is rated Very Strong with a fundamental score of 81.92/100. This score is calculated from objective financial metrics

  • Revenue Growth YoY: +30.8% (10% weight)
  • PAT Growth YoY: +106.5% (10% weight)
  • PAT Growth QoQ: +39.1% (10% weight)
  • Earnings accelerating (5% weight)
  • Margins stable (10% weight)
  • PEG Ratio: 0.0x vs sector median (15% weight)
  • EV/EBITDA: 26.7x vs sector median (15% weight)

Is Bajaj Consumer Care Ltd debt free?

Bajaj Consumer Care Ltd has a debt-to-equity ratio of N/A.

  • Total Debt: ₹16 Cr

What is Bajaj Consumer Care Ltd's return on equity (ROE) and ROCE?

Bajaj Consumer Care Ltd's return ratios over recent years

  • FY2024: ROCE 23.0%
  • FY2025: ROCE 19.0%
  • FY2026: ROCE 31.0%

Is Bajaj Consumer Care Ltd's cash flow positive?

Bajaj Consumer Care Ltd's operating cash flow is positive (FY2026).

  • Cash from Operations (CFO): ₹197 Cr
  • Free Cash Flow (FCF): ₹183 Cr
  • CFO/PAT Ratio: 104% (strong cash conversion)

What is Bajaj Consumer Care Ltd's dividend yield?

Bajaj Consumer Care Ltd currently does not pay a significant dividend (yield 0.00%).

  • Dividend Yield: 0.00%
  • Current Price: ₹450

Who holds Bajaj Consumer Care Ltd shares — promoters, FII, DII?

Bajaj Consumer Care Ltd's shareholding pattern (Mar 2026)

  • Promoters: 43.0%
  • FII (Foreign): 16.6%
  • DII (Domestic): 14.3%
  • Public: 26.2%

Is promoter holding increasing or decreasing in Bajaj Consumer Care Ltd?

Bajaj Consumer Care Ltd's promoter holding has remained stable recently.

  • Current Promoter Holding: 43.0% (Mar 2026)
  • Previous Quarter: 43.0% (Dec 2025)
  • Change: 0.00% (stable)

How long has Bajaj Consumer Care Ltd been outperforming Nifty 500?

Bajaj Consumer Care Ltd has been outperforming Nifty 500 for 12 consecutive weeks, indicating strong sustained outperformance.

Is Bajaj Consumer Care Ltd a new momentum entry or an established outperformer?

Bajaj Consumer Care Ltd is an established outperformer with 12 weeks of consecutive Nifty 500 outperformance.

What are the growth catalysts for Bajaj Consumer Care Ltd?

Bajaj Consumer Care Ltd has 7 key growth catalysts identified from recent earnings analysis

  • Market Share Gains — Gaining share within the overall hair oil category through distribution expansion.
  • Geographical Expansion — Adding 10% direct outlets annually to the current 6 lakh base.
  • Value Added Product Mix Shift — Focusing on premiumizing the coconut portfolio and scaling Banjara's.
  • Operating Leverage Inflection — Fixed cost absorption and gross margin expansion dropping to the bottom line.

What are the key risks in Bajaj Consumer Care Ltd?

Bajaj Consumer Care Ltd has 2 key risks worth monitoring

  • [MEDIUM] LLP prices in Q4 25-26 are significantly higher than Q3 — Market price trends for Light Liquid Paraffin are moving upwards.
  • [LOW] International business in GCC, Africa, and RoW remains weak — Unstable go-to-market issues and geopolitical impacts on revenue in markets like Nepal (previously).

What did Bajaj Consumer Care Ltd's management say in the latest earnings call?

In Q4 FY26, Bajaj Consumer Care Ltd's management highlighted

  • "our stated point of view has been that we want to expand around 10% coverage every year and do it year-on-year for the next 4 years to 5 years. [Prev..."
  • "Aarohan Extended to Phase 3 now .. Implementation in BH, JH, OD, PB. [Initiative: Aarohan Phase 3]"
  • "Q4 25-26 price is significantly higher than Q3, however at consumption level our prices were same due to inventory position. [Risk (commodity): MEDIU..."

What is Bajaj Consumer Care Ltd's management guidance for growth?

Bajaj Consumer Care Ltd's management has provided the following forward guidance for 3 years

  • Revenue outlook: INR 500 Cr
  • Margin outlook: Aspire to improve margins from current levels
  • Management tone: bullish
  • Milestone: [RAISED] International Business: Challenged/Weak → Sequential improvement expected

What sector-specific metrics matter most for Bajaj Consumer Care Ltd?

Bajaj Consumer Care Ltd's most important sub-sector-specific KPIs from the latest concall

  • ADHO Volume Growth: Near double-digit — Driven by strong performance across pack groups and increased A&P spends.
  • A&P Spend as % of Sales: 15.6% (YoY +30 bps) (QoQ -20 bps) — Increased absolute spending to maintain SOV/SOM for the core ADHO brand.
  • Direct Outlet Reach: 6 lakh (YoY +10%) — Strategic focus on building a solid direct distribution system through the Aarohan program.
  • Rural Sales Growth: Twenties (YoY Strong) — Recovery in the rural channel following changes in the coverage model.
  • Gross Margin: 63.6% (YoY +966 bps) (QoQ +380 bps) — Mix of strategic pricing, revenue management, and mix improvement.
  • Organized Trade Salience: 30% — Robust growth in E-commerce and Modern Trade channels.

Is Bajaj Consumer Care Ltd worth studying for long term investment?

Based on quantitative research signals, here is why Bajaj Consumer Care Ltd may be worth studying

  • Earnings growth is accelerating — PAT YoY +106.5%
  • Valuation: appears significantly undervalued
  • Cash flow is positive — CFO ₹197 Cr

What is the investment thesis for Bajaj Consumer Care Ltd?

Bajaj Consumer Care Ltd investment thesis summary:

Research Signals (Bull Case)

  • Earnings accelerating — strongest growth trend
  • Revenue growing at +30.8% YoY
  • Appears significantly undervalued
  • Growth catalyst: Market Share Gains

Risk Factors (Bear Case)

  • Key risk: LLP prices in Q4 25-26 are significantly higher than Q3

What is the future outlook for Bajaj Consumer Care Ltd?

Bajaj Consumer Care Ltd's forward outlook based on current data signals

  • Earnings Trend: accelerating
  • Revenue Trend: stable
  • Margin Trend: volatile
  • Valuation: Significantly Undervalued
  • Key Catalyst: Market Share Gains
  • Key Risk: LLP prices in Q4 25-26 are significantly higher than Q3

The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.