New Delhi, July 23 -- Colgate Palmolive (India) Ltd's shares plunged to a new 52-week low of Rs.2,291 apiece on Wednesday after analysts slashed their earnings estimates following miserable June quarter results (Q1FY26) and dull near-term growth prospects.

So, what is the oral care company's problem? It is simple. The base is high, especially after a strong show in the first half of FY25 when total operating revenue growth was 11.5% year-on-year. While this was expected to cap growth to an extent this year, the 4% drop in Q1FY26 revenue to Rs.1,434 crore is worse than anticipated. In Q1FY25, revenue growth was 13%.

Colgate said it faced persistent headwinds last quarter owing to subdued urban demand and elevated competition intensity. Q...