Who is Manish Anandani, Colgate-Palmolive India’s incoming MD & CEO?

Colgate-Palmolive India has appointed Manish Anandani as its next CEO, effective September 28, 2026. Anandani, currently at Kenvue, will replace Prabha Narasimhan, who is moving to a regional marketing role. The company's shares are down 19% year-over-year, underperforming the Nifty 50 index.

Colgate Palmolive India has named a Kenvue executive as its new Managing Director and CEO. The appointment is effective immediately, according to the company's announcement.

Colgate-Palmolive India appointed a former Kenvue executive as CEO, who previously worked at Colgate-Palmolive for nearly 13 years. The outgoing CEO will take a regional marketing role. During her tenure, the stock outperformed the Nifty FMCG index, but shares fell 1% after the announcement. The company's e-commerce sales are over 50% premium products, which can impact pricing and costs.

Colgate-Palmolive (CL) reported Q2 2026 revenues of $5.36B, up 4.9% YoY, with EPS of 99 cents and free cash flow up 18%. Organic sales rose in most divisions, led by emerging markets. Gross margin increased 100 bps YoY. Management expects more volume-driven growth in H2 as costs and tariffs rise.

Colgate-Palmolive reaffirmed its annual net sales forecast despite a quarterly rise, citing weak North America demand. In the quarter ended June 30, net sales rose 4.9% to $5.36 billion and adjusted EPS was 99 cents. North America organic sales fell 3%, with volumes down 3.9%. The company expects 2026 adjusted earnings growth in mid-single digits and warned tariffs could offset refunds.

Colgate-Palmolive reported Q2 2026 Base Business diluted EPS up 8% to $0.99 from $0.92, driven by 140 bps gross-margin expansion to 61.5% and higher organic sales. Reported diluted EPS fell 5% to $0.86 due to $129m pretax charges tied to its Strategic Growth and Productivity Program. Net sales rose 4.9% to $5.36b. Full-year organic outlook 1% to 4%; Base Business EPS expected mid-single-digit growth.