Status: Pending

Age: New (14/08/2025)

TRACK
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ICICI Securities Recommends Buy on Bajaj Consumer with Target of ₹300


Brokerage

ICICI Securities

Analyst

Brokerage Team

Position

Bullish

Start Date

14/08/2025

Horizon

Medium Term


Target Price and Expected Returns

Start Price

₹225.68

Target Price

₹300

Expected Returns

32.08%

Summary

ICICI Securities has recommended a buy rating on Bajaj Consumer Care with a target price of ₹300, expecting a positive outlook on the stock.

ICICI Securities's justification for Bajaj Consumer Care target price prediction

  • The renewed focus on ADHO for volume growth and increased A&P spends should improve margins.
  • Lower commodity prices and better mix will help drive margins.
  • Execution levers such as Project Aarohan Phase 2 rollout and management transition improvements are key.
  • Maintained revenue and EBITDA/CAGR estimates over FY25-27E.
  • DCF-based valuation supports the target price.
Maintain BUY with a DCF-based target price of INR 300.

Sources:

(https://www.moneycontrol.com/news/business/earnings/buy-bajaj-consumer-care-target-of-rs-300-icici-securities-13426291.html)

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