Bajaj Consumer Care posts record Q1 FY27; stock hits 52-week high on ~150% YTD surge
Net sales rose 28.3% to ₹341.4 cr and PAT jumped 84.8% to ₹70.7 cr, with EBITDA more than doubling (+101.2%) to ₹84.4 cr as margins expanded to 24.7% from 15.8%. Almond Drops grew 30%+ and the Banjara's integration completed. Stock hit a 52-week high of ₹692, taking market cap to ~₹8,679 cr.
What happened
Bajaj Consumer Care posted record Q1 FY27 with net sales up 28.3% to ₹341.4 cr and PAT up 84.8%. Almond Drops grew 30%+, Banjara's integration completed; stock
Key facts
- net sales +28.3% to ₹341.4 cr
- EBITDA +101.2% to ₹84.4 cr
- margin 24.7% vs 15.8%
- PAT +84.8% to ₹70.7 cr
- gross margin 61.8%
- stock 52-week high ₹692
- YTD return ~150%
- market cap ~₹8,679 cr
Why this matters
The completed Banjara's integration is already contributing to growth, validating bolt-on M&A as a lever—scout adjacent personal-care and heritage brands to extend beyond the Almond Drops concentration.
What to watch
- Q2 FY27 gross-margin trajectory vs Q1 24.7% peak (input-cost reversion signal)
- Almond Drops volume vs value growth split (pricing-led vs real demand)
- Banjara's revenue contribution and integration synergy disclosures
- Rural/urban FMCG demand commentary and monsoon impact
- Promoter holding changes and delivery-volume spikes signaling distribution
- Watch for sell-side initiation/upgrade notes anchoring FY27-28 EPS to the new margin base
- Company likely to step up A&P and new-launch cadence to justify premium multiple
- Distributors and modern-trade channels ramp Banjara's SKUs into Almond Drops network
- Potential secondary interest from mid/small-cap funds chasing the momentum leg