Automobile, and fast-moving consumer goods (FMCG) companies are expected to post a mixed performance in the first quarter of FY27, with healthy demand offset by margin pressure from higher input costs
Aamar Deo Singh of Angel One said that it is still early to turn decisively bullish on FMCG and that "investors should wait for the monsoon outcome and further confirmation of a sustained recovery."
HUL chairman says higher commodity costs following the West Asia conflict will weigh on Q1, but expects easing ahead and says the company remains well placed to manage short-term volatility
India remains the world's fastest-growing major economy despite a challenging global environment, and sustaining high growth will require continued reforms, investments and execution, HUL Chairman Nitin Paranjpe said on Tuesday. Addressing shareholders at the 93rd AGM, India has demonstrated "structural resilience" at a time when global economies are grappling with geopolitical conflicts, climate volatility, tightening financial conditions and shifting consumer behaviour. "While growth expectations have moderated, India continues to be the fastest-growing major economy," he said. India's long-term growth prospects are supported by "three drivers", which are favourable demographics, digital public infrastructure and a proactive policy environment. According to Paranjpe, India's young population can become a force multiplier for consumption, productivity and innovation, while the country's digital public infrastructure has created a unique foundation for commerce, credit and financia
According to a recent India Meteorological Department (IMD) release, India recorded 45.6 mm of rainfall by June 20 against the seasonal normal of 84.4 mm, resulting in a 46 per cent shortfall.
Despite global uncertainties, subpar monsoon outlook and volatile commodity prices, FMCG firms have given resilient outlook for FY27 with H2FY27 expected to be better versus H1FY27, say analysts.
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HUL Chairman Nitin Paranjpe says strong domestic demand, structural reforms and digital transformation continue to underpin India's long-term growth prospects
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In the past one month, the FMCG index has underperformed the market, by falling 5 per cent, as against 2.3 per cent decline in Nifty 50.
While companies have started to pass input cost rise to consumers, inflation, according to G Chokkalingam, founder and head of research at Equinomics Research has not become a major issue yet.
While the bulk of foreign selling is likely over after the outflows over the recent months, Goldman Sachs does not see foreign investors returning to Indian shores in a hurry, even if oil prices dip.
For the entire FY26, HUL clocked a profit of ₹15,059 crore, up 41 per cent Y-o-Y. Its total income in the fiscal year grew by 4.6 per cent to ₹65,219 crore.
The board of HUL has approved a final dividend of ₹22 per share of Re 1 face value for FY26.
For the entire FY26, HUL reported a profit of ₹15,059 crore, which was helped by the divestment of Nutritionalab. Total income rose 4.6 per cent to ₹65,219 crore
Q4FY26 company results: Firms including Dr Lal PathLabs, Central Bank of India, Edelweiss Financial Services, and IDBI Bank are also to release their January-March earnings today
Thus far in the month of April, the FMCG index has surged 11.73 per cent, as against a 7.4 per cent gain in the benchmark index
HUL Q4 earnings preview, dividend announcement: HUL is set to announce its March quarter results on Thursday. HUL could also recommend a final dividend for its shareholders.
Kunal Shah Senior Technical Analyst at Mirae Asset Sharekhan believes that Nestle India has given a decisive breakout on the weekly chart, and could potentially rally to ₹1,500-mark on the upside.
As early signs of commodity inflation return to the FMCG basket, analysts at ICICI Securities believe HUL is structurally better positioned to navigate the cycle.