Bajaj Consumer Care Ltd

Bajaj Consumer Care Limited closes trading window from October 1, 2026 till 48 hours after the unaudited Q2/H1 results for the quarter ending September 30, 2026

Bajaj Consumer Care Ltd – Reg 29(2) Disclosure

• Target company: Bajaj Consumer Care Limited.
• Disclosing party: HDFC Mutual Fund schemes (non-promoter) via HDFC Trustee Company Limited.
• Pre-transaction holding: 95,58,005 voting rights (7.32%); encumbrances: 0.
• Disposal of 37,65,581 equity shares (2.88%) via open market.
• Post-transaction holding: 57,92,424 voting rights (4.43%).
• Date of transaction: September 18, 2026; mode: Open Market.
• Equity share capital before/after: Rs 13,06,18,321.

Meeting Details

• Date and time: Tue, Sep 8, 2026, 9:00 AM–1:00 PM IST
• Type/Mode: One-on-one and group meetings; physical
• Conference: Avendus Spark INDX Conferences 2026
• Location: 3rd Floor, Platina, BKC, Mumbai

Participants

• Role: Company Secretary & Compliance Officer

Purpose

• Purpose: Investor conference participation and general investor interaction

Resignation of SMP: Head Supply Chain

• Rajesh Menon resigns as Head Supply Chain, Operations & IT (SMP).
• Resignation effective August 21, 2026 (closing business hours); accepted by the Company.
• Reason: to pursue opportunities outside the organization.
• Brief profile: Not applicable.

AGM details

• Date and time: 5 August 2026 at 10:30 AM; physical meeting with remote e-voting.
• Voting rights cut-off date: 29 July 2026.

Key resolutions

• Ordinary: Adopt standalone and consolidated financial statements; passed.
• Ordinary: Re-appointment of director retiring by rotation; passed.
• Special: Continuation of remuneration to non-executive director; passed.

Voting results

• Resolution 1: assent 99.9998%, dissent 0.0002; passed.
• Resolution 2: assent 89.8752%, dissent 10.1248; passed.
• Resolution 3: assent 89.3271%, dissent 10.6729; passed.

Dividend

• Dividend not proposed or declared.

Director changes

• Director re-appointment approved; retires by rotation.

Auditors / accounting

• Auditors continued; no change in appointment.

Material related party transactions

• No material related party transactions approved.

Other material approvals

• Remuneration continuation for a non-executive director approved.

AGM details

• AGM held in-person with remote e-voting option.
• Venue located in Rajasthan; attendance by members and proxies.

Key resolutions

• Adoption of standalone and consolidated financial statements for the year.
• Reappointment of director by rotation.
• Continuation of remuneration to a non-executive director for one year.

Voting results

• All resolutions passed with requisite majority.

Directors

• Reappointment of director by rotation approved.
• Remuneration continuation for a non-executive director approved.

Auditors

• Statutory auditors remained unchanged.

Other material approvals

• No material related party transactions disclosed.

Financial Performance

• Revenue for Q1 FY27: INR 341 crores, up 28% year-on-year.
• Gross margin 61.8% in Q1, down from 63% last quarter; 510 bps vs FY26 Q1.
• EBITDA: INR 84.4 crores; EBITDA margin 24.7%.
• PAT: INR 70.7 crores; margin 20.7%.
• Advertising spend 14.6% of revenue; 600 bps savings vs FY26 Q1.

Volume and Mix

• ADHO volume growth in Q1: low-teens; prior quarters: mid-single-digits.
• Non-ADHO ~15% of sales; coconut dominates growth portfolio; Banjara's prioritized.
• Almond Drop Hair Oil remains strong; MLH-adjusted volume growth in low-teens; small packs drive growth.
• Growth portfolio up high-single to low-teens sequentially; coconut pricing corrections noted.
• Banjara's revamp underway; pilots for disruptive growth; growth pillar status.

Margins and Costs

• Q2 gross margins expected to be under more stress than Q1.
• Pricing actions not planned; focus on cost control and operating leverage.
• No significant one-offs in this quarter.

Aarohan and Distribution

• Aarohan rollout in four large states; one-time delta of 200-300 bps.
• Aarohan aims at long-term distribution expansion and direct outlets.
• INR 500 crores growth portfolio: no disclosure; updates annually.

Advertising and Brand Investment

• Advertising spend around 15-16% of revenue; spending prioritized.
• Banjara's contribution to revenue is around 5% in this quarter.

Growth Portfolio and M&A Outlook

• Long-term aspiration: growth portfolio in high-20s; near-term guidance not provided.
• No updates on acquisitions; will disclose if any.