Page 10 - Fmcgs

Reliance Retail to transfer FMCG brands to RCPL, plans for major expansion

Reliance Retail will transfer its FMCG brands, including Campa and private labels, to its new arm RCPL to accelerate business expansion with a dedicated focus

Mrs. Bectors Food Specialities rallies 10%; stock surges 30% over QIP price

Mrs. Bectors Food on Tuesday, September 10, informed that the company has allotted 2.58 million equity shares to eligible qualified institutional buyers (QIBs) at a price of Rs 1,550 per share.

From Parle Products to Dabur, consumer firms load up for festival blitz

Mobilise production, inventory to ride seasonal wave

Looking to invest in 8 to 10 strong brands: Emami V-C, MD Harsha V Agarwal

Agarwal talks about the plans to make The Man Company a Rs 1,000 crore brand, and the focus going ahead

Adani Wilmar eyes FMCG expansion, sets aside $1 billion for 3 acquisitions

Adani Wilmar is planning to purchase at least three brands specialising in spices, ready-to-cook foods, and packaged edibles

FMCG major Emami to acquire remaining 49.6% stake in 'The Man Company'

Home-grown FMCG major Emami on Saturday announced the acquisition of the remaining 49.6 per cent stake in Helios Lifestyle, which owns male grooming brand The Man Company'. Helios Lifestyle is already a subsidiary of Emami with 50.4 per cent shareholding, according to a statement from Emami. "The completion of the acquisition of Helios by Emami will strengthen its presence in the fast-growing digital-first premium male grooming segment," it said. Emami had previously acquired 33.09 per cent equity stake in Helios in two tranches -- one in December 2017 and the other in February 2019. Later, it increased the stake to 50.4 per cent in 2022. The Man Company, a digital-first lifestyle brand, offers premium men's grooming products in categories including fragrances, skin care, hair care, body care and beard management. "The segment offers huge potential for innovation & growth. Emami is already an active player in the male grooming segment through its brand Fair and Handsome," the ...

Committed to double-digit growth in FY25, exploring opportunities: Emami

Home-grown FMCG major Emami is looking for double-digit growth in the current fiscal year and will keep exploring inorganic and strategic opportunities to enter into new product categories, its Chairman R S Goenka said. Emami's focus will be to grow revenues with robust margins, generating adequate cash flows to reinvest in the business and strengthening sustainability, he said while addressing the AGM of the company. The company remains "optimistic about future growth" supported by a favourable economic landscape, forecast of a normal monsoon, anticipated rural market recovery, government initiatives, and promising macroeconomic factors, contributing to a "confident outlook", Goenka added. "We are committed to achieve double-digit growth in the new financial year," he said. Besides, Emami which has made some acquisitions in the past -- AloFrut, Creme21 and Zandu, will continue to explore such growth opportunities allowing it to enter into a new segment and expand its play area. "

FMCG distributors raise concern over unregulated growth of 'quick commerce'

FMCG distributors have raised concerns over the "rapid and unregulated growth" of quick commerce platforms, saying it needs immediate scrutiny. In a letter written to Commerce & Industry Minister Piyush Goyal, FMCG distributors' body AICPDF said this unchecked expansion of quick commerce platforms, which typically deliver goods within 10 to 30 minutes, is creating an "uneven playing field", threatening the livelihoods of millions of small retailers and distributors who have been the backbone of India's retail sector for decades. The All India Consumer Products Distributors Federation (AICPDF) also suspected potential violations of FDI regulations by these quick-commerce companies and sought an immediate investigation into the operational models of these platforms. The rapid growth of quick commerce platforms like Blinkit, Zepto and Instamart has posed significant challenges to the traditional retail sector and the established fast-moving consumer goods (FMCG) distribution ...

Quick commerce's growth disrupting retail, say FMCG distributors

FMCG association writes to govt seeking redressal

India only country to deliver double-digit sales growth of FMCG: Report

India is the only country in the Asia-Pacific region, where sales of FMCG and tech durable sectors from modern trade channels are consistently delivering double-digit growth, helped by premiumisation and festive period sales, data analytics firm NielsenIQ said in a report. India has a dominant position in the Asia Pacific region in modern trade sales, where the premium-plus pricing segment accounts for nearly 40 per cent of FMCG sales and 30 per cent of tech durables sales, according to the findings of the report. "India emerges as the only market consistently delivering double-digit growth in both the FMCG and tech & durables sectors, underscoring the resilience and evolving preferences of Indian consumers," said NielsenIQ report titled 'Full View of Modern Trade Retail Trends'. Though online channels continue to grow rapidly in India, modern trade channels remain a preferred channel, it added. Modern trade involves selling goods through large, organised stores like supermarkets,

Colgate, Pidilite, Britannia among Nuvama's top consumer bets; here's why

According to Nielsen, the consumer sector grew 4% Y-o-Y in Q1FY25, down from 6.6% in Q4FY24. Pricing saw a marginal increase of approximately 0.2 per cent, while volumes rose 3.8% Y-o-Y.

FMCG players expect volume trends to sustain as demand rises in rural mkts

Fast-moving consumer goods (FMCG) companies expect to sustain volume growth in the coming quarters, buoyed by recovery of demand in rural markets and good monsoon, despite concerns over growing food inflation. FMCG majors, including HUL, ITC, Dabur, Britannia, Nestle and Emami, in their June quarter earnings have reported 'green shoots' from the rural markets and strong growth from e-commerce channels, particularly from quick-commerce platforms. The industry had around 6.6 per cent volume growth in the April-June period of this fiscal. However, companies are worried about elevated food inflation as coffee and cocoa prices have gone up unprecedently. Amid expectations of an increase in cereals and grains prices, some of the players have even indicated price hikes. Dabur CEO Mohit Malhotra said, "Going forward, the volume will increase on the back of rural inching up for us. So I expect the subsequent quarters to be better than our existing quarters, but definitely not worse." He ...

IMF's Gita Gopinath says India could become 3rd largest economy by 2027

India's growth was much better than IMF expectations the last fiscal year and those carryover effects are affecting our forecast for this year, said Gita Gopinath

Mars, maker of M&M's and Snickers, to buy Kellanova for nearly $30 billion

M&M's maker Mars is buying Kellanova, the maker of Cheez-Its and Pop-Tarts for nearly USD 30 billion, vastly expanding the number of household-name brands under one roof. Kellanova was created last year when the Kellogg Co. split into three companies. Kellanova sells many of the former company's most profitable brands, including Pringles, Eggo, Town House, MorningStar Farms and Rice Krispies Treats. It had net sales of more than USD 13 billion last year and has approximately 23,000 employees. Mars Inc. said Wednesday that it will pay USD 83.50 per share in cash. The company put the total value of the transaction at USD 35.9 billion, including debt. It is the biggest deal in the sector since J.M. Smucker bought Hostess for USD 5.6 billion last year, and among the largest of 2024, coming in second to Exxon Mobil's USD 60 billion acquistion of Pioneer Natural Resources. Mars' purchase of Kellanova is expected to close in the first half of next year. Once it's complete, Kellanova will

From PepsiCo to P&G, India becomes next big FMCG growth bet as China lags

With India's economy expanding at the fastest pace among major emerging markets, companies are trying to serve its diverse palette

FMCG sector growth at 4% in Apr-June on relaxed consumption: NielsenIQ data

Industry growth steady and reflects resilience and adaptability, says consumer research firm NielsenIQ

Shoes in 10-minutes: Footwear major Bata wants to join quick-commerce race

The quick-commerce space is becoming an attractive business opportunity, witnessing increased interest from investors. Big guns like Reliance and Walmart want to enter the sector too

From Dabur to Britannia, FMCG firms begin to see volumes growth revival

Companies expect the trend of rural outpacing urban to continue

Back in biz: Equity investors turn aggressive on red-hot defensive stocks

Most of the rise in the defensive sector weightage in the index has so far been led by pharmaceutical manufacturers but FMCG and IT Services companies out-perform the broader market in July

Adani Wilmar shares jump 10% as Adani Enterprises to demerge food-FMCG biz

With this, the existing shareholders of AEL will hold shares directly in Adani Wilmar