Page 15 - Fmcg Companies

FMCG, paint companies feel the pain as rupee slides to an all-time low

The rupee's free fall comes at a time when FMCG and paint companies have been battling higher raw material costs for over a year, and have been forced to go for multiple rounds of price hikes

Marico chief Harsh Mariwala is the EY Entrepreneur of the Year

Mariwala will represent India at the EY World Entrepreneur of the Year Award to be held in June

Indonesian palm oil export ban a concern but impact to be transitory: FMCGs

Indian FMCG players have said they are concerned about Indonesia's move to ban exports of palm oil, though some of them expect the decision is likely to have only transitory impacts

Weight of FMCG companies in Nifty50 lowest in a decade, shows data

Analysts attribute the poor showing by FMCG and auto stocks to a combination of demand slowdown and rising input costs

Analysts see more pain ahead for FMCG stocks amid rising input costs

Instead of a recovery in gross margins in fiscal 2022-23 (FY23), Jefferies now builds-in 50-200 basis point (bps) YoY decline, assuming crude stays closer to $100 a barrel and palm oil at $1,500/MT

Ukraine crisis: FMCG companies scramble to hike prices faster than planned

Crude palm oil is also at an all-time high of $1,854 per tonne

Price hikes drive FMCG revenues in Q3, but margins see some pressure

Volumes were also under pressure as consumers cut back spending on high inflation

Low rural offtake weighs as FMCG volumes shrink nearly 2% in Q3FY22

Value growth still higher due to price hikes

Marico Ltd plans to achieve net-zero emissions in global operations by 2040

The company will introduce multiple sustainability initiatives across its global operations with a view of curbing greenhouse gas (GHG) emissions and promoting a carbon-neutral business agenda

HUL Q3: Revenue may rise up to 12% YoY; margins to contract, analysts say

Analysts expect nearly 200 basis points year-on-year fall in HUL's gross margins for the December quarter due to high commodity prices.

FMCG firms take bigger bite out of smaller pack sizes amid Covid third wave

Consumer goods firms optimise pack sizes, expecting surge in at-home consumption

Beauty takes natural turn, demand for ayurveda products soars in India

A 2018 report by Research and Markets, which pegged the ayurveda market in India at Rs 300 billion, expects it to touch Rs 710.87 billion by 2024

Maharashtra distributors to stop supply of HUL products from Jan 1

By mid January, distributors have decided to stop supplying Rin products, which include detergent soap and powder

FMCG distributors may extend non-cooperation deadline as talks in progress

Distributors of fast-moving consumer goods (FMCG), ranging from biscuits to shampoos, are likely to delay the January 1 deadline they set to stop working with the consumer goods companies as talks over their demand for similar margins as given to organised distribution platforms continue, officials said. The All India Consumer Products Distributors Federation (AICPDF), a body that represents dealers and distributors, is in negotiation with several FMCG makers and this may stretch to next year, said an official. Earlier, AICPDF had put a deadline of January 1, 2022, to address the price disparity and had threatened to drop products from their portfolio. The federation had decided to call for a "non-cooperation" movement against FMCG companies from next year if B2B retailers, such as Jiomart, Walmart, Metro Cash & Carry, Booker, ElasticRun and udaan, continue to sell the products at lesser prices. According to an AICPDF official, talks with several companies are going on and in ...

From biscuits to shampoos, prices of FMCG goods to rise again in January

Firms say hike needed to cover high input costs

FMCG companies prepared to tackle logistics issues amid Covid surge

ITC has been taking stock of operations and monitoring market developments

Distributors write to FMCG companies for the second time on price parity

According to a distributor, Marico has proposed to sell different packs in the traditional trade and organised B2B trade channels

FMCG distributors warn firms of 'non-co-operation', seek price parity

A financial credit note is issued by companies on schemes offered to retailers and is facilitated by distributors

Urban FMCG sales down 6.3%, rural sales increase 17.9% in November

Overall FMCG sales in November increased by 10.2 per cent year-on-year

ITC, HUL, Britannia: Good time to buy FMCG stocks? Analysts weigh in

In the FMCG basket, Britannia, Colgate Palmolive, HUL are on the shopping list of A K Prabhakar, head of research at IDBI Capital