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Godrej Consumer guides high-teens Q2 FY27 revenue growth; Nomura retains Buy, target price Rs 1,110
Godrej Consumer Products guided high-teens revenue growth for Q2 FY27 in its business update, despite a 100-150 basis point hit from trade inventory correction. Nomura retained Buy with a Rs 1,110 target price, expecting around 17% consolidated revenue growth.
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What we verified
Checked against the other reports of this story.
- Standalone trade inventory correction impact: 100-150 basis point — Moneycontrol and Financial Express agree.
Why it matters to operators and investors
Godrej Consumer's guide of high-teens Q2 growth despite a 100-150 bps standalone drag from trade inventory correction shows demand is outrunning the channel destocking, and Nomura's split of about 7% volume and 6% pricing suggests price increases are sticking, so peers and retail partners should watch distributor stock levels and pricing pass-through.
Updates
Each later report on this story, newest first. Earlier entries are never edited; a correction is a new entry.
Godrej Consumer Products guides for high-teens revenue growth in Q2FY27, with high-single-digit volume growth
On the record
Earlier Godrej Consumer Products reports on RetailIntel, newest first.
The numbers
Figures from Moneycontrol
| Nomura Q2 FY27 EBITDA growth estimate: | around 12.5% |
|---|---|
| Nomura India sales growth estimate: | around 13% |
| Nomura India volume growth estimate: | 7% |
| Pricing growth in Q2: | 6% |