About This Report

This Annual & ESG Report provides detailed information about Colgate-Palmolive (India)’s progress and highlights for the year ended March 31, 2023. This is the primary report to our stakeholders in which we aim to provide a balanced and accurate reflection of our value creation methodology, materiality assessment and stakeholder engagement, through the deployment of ESG framework as well as our future roadmap.

Scope and Boundary

This report covers the business activities of ColgatePalmolive (India) Limited, which will be referred to as “we”, “our”, “us”, “CPIL”, “Colgate-Palmolive (India)” and “the Company”. The performance of all four manufacturing sites and our headquarters in Mumbai are covered in the report. Our parent company, Colgate-Palmolive is headquartered in New York, USA, and has its presence across more than 80 countries with products marketed in more than 200 countries and territories.

Reporting Standards and Frameworks

This Annual & ESG report FY 2022-23 complies with/ reports on/references to the following:

  • Business Responsibility and Sustainability Reporting (BRSR) based on the National Guidelines for Responsible Business Conduct (NGRBC)
  • The Companies Act, 2013;
  • Indian Accounting Standards
  • The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • The Secretarial Standards on Board and General Meetings

The ESG section of this report has been prepared in accordance with the GRI (Global Reporting Initiative) Standards 2021 and further complies with/reports on/ references to the following:

  • United Nations Sustainable Development Goals (SDGs)

Forward-Looking Statement

This communication, except for the historical data, may contain the forward-looking statements, including words, phrases, numbers that set forth anticipated results based on management’s current plans and assumptions. These statements are made on the basis of the Company’s views and assumptions as of this time. The Company does not, nor does any other person, assume responsibility for the accuracy and completeness of those statements.

The Company cautions investors that any such forwardlooking statements are not guarantees of future performance and that actual events or results may differ materially from those statements because of factors that affect international businesses and global economic conditions, as well as matters specific to the Company and the markets it serves.

The Company based on any of the above factors is free to modify, amend, alter or take necessary corrective changes in such manner that the forward-looking statements contained herein may alter, and the Company undertakes no obligation to update these statements whether as a result of new information, future events or otherwise, except as required by law or by the rules and regulations.


Our commitment to listening to our stakeholders is unwavering, and we welcome your feedback on our report. Please feel free to contact us at feedbackesg@colpal.com for any comments or clarifications.

Reporting cycle

The information presented in this report pertains to the period from April 01, 2022 to March 31, 2023.

FY 2022- 23 at a glance

₹ 5,188 Cr

Net sales

₹ 39


65.4% Cr

Gross Margin

₹ 1,176 Cr

Net cash generated from operations

₹ 1,547 Cr


₹ 1,689 Cr

Reserves & surplus

₹ 38.5



Return on Capital employed

* Dividend per share
** Earnings before interest, taxes, depreciation, and amortization
***Earnings per share