Page 5 - Fmcgs

Crisis does not come with a calling card: Nestle MD Suresh Narayanan

An aspiring civil servant who became an accidental corporate executive and eventually Nestle's 'crisis man', Nestle India's outgoing Chairman and Managing Director Suresh Narayanan believes crisis does not come with a calling card and wants his successor to keep the organisation vigilant. In an interview with PTI before he hangs up his boots at the end of this month, Narayanan, who brought back Nestle India from an 'existential crisis' in 2015 after the Maggi fiasco to a thriving organisation, said there is opportunity even in crisis, and engaging with community, people and focusing on the goal of satisfying the consumer is a leadership he learnt from his varied experiences, including in Egypt. Having gone through crises, including leading Nestle Singapore during Lehman Brothers collapse, and Nestle Egypt during the Arab Spring, Narayanan quipped that once his "boss" asked him to consult his astrologer and check his horoscope. "The next crisis is always round the corner. So you cann

India is key driver of future growth for Nestle, says MD Suresh Narayanan

India will be a 'key driver of growth for the future' for Nestle which has "faith" in the market that offers a 'large consumption basket', according to Suresh Narayanan, the outgoing Chairman & Managing Director of its Indian arm. The economic and political stability offered by India coupled with 'high consumer resonance' of the company's brands make it an attractive market, he told PTI in an interview. The Swiss FMCG major, which had faced an existential crisis with the Maggi fiasco in 2015, has long left behind the chapter and is investing to enhance capacity, product innovations, expansion of sales network to digitisation for having a "value added journey", said Narayanan who will be retiring by end of July. "I can foresee that even if I am not there at the helm, but the market attraction, the levels of investment and the future of Nestle will continue to be bright in this country," he said when asked how he saw Nestle in the next five years in India. Elaborating, he said, "I ..

Bean to boom: India's artisanal chocolate revolution is gaining ground

The beans, cultivated over 3,000 acres of cacao farms by over 150 farmers, are the ones used to craft Manam's 300-plus products across 50 categories - from rich chocolate beverages to savoury bites

FMCG major Tata Consumer Products Q1 profit increases 15.1% to ₹334 crore

Driven by strong growth in tea, salt and Tata Sampann, Tata Consumer Products posted Rs 334 crore profit in Q1, with coffee up 67 per cent and foods revenue rising 14 per cent

Weak demand outlook to weigh on sales, margins of Colgate Palmolive

Sentiment for the stock, which has shed 15 per cent over the past three months, continues to remain bearish given the weak demand outlook

Geopolitical conflict, early monsoon impact Coca-Cola's India Q2 play

Coca-Cola reports a decline in India's Q2 volumes due to early monsoons and geopolitical disturbances, but remains optimistic about recovery through targeted marketing campaigns

Reliance Consumer Products on strong growth trajectory: Reliance Retail CFO

Reliance Consumer Products is rapidly expanding its capabilities and aims to become one of India's largest FMCG companies by 2030, with significant growth in revenue and market share

GCPL aims to scale Godrej Fab over 2-fold to hit ₹500 cr revenue in FY26

FMCG firm Godrej Consumer Products Ltd (GCPL) is aiming to scale its liquid detergent business Godrej Fab over two-fold and hit an annual revenue of Rs 500 crore in FY26, said its Managing Director and CEO Sudhir Sitapati. Besides, it is also working to deepen its rural presence, premiumise portfolio in household insecticides and other segments, and to build out its new pet care business, said the latest annual report of the company. The Godrej Industries Group's FMCG arm, which entered into the fast-growing liquid detergent segment almost a year ago, has "seen strong early success, and now the goal is to unlock the next level of growth", said Sitapati in the report. "Another key bet is scaling Godrej Fab our liquid detergent to Rs 500 crore. This will require sharper distribution, increased trials and more targeted communication," he said. In just over a year, Godrej Fab has hit Rs 250 crore in annualised revenue run-rate (ARR), which is a "big win" for GCPL, which entered into

Marico aims to be ₹20K cr FMCG firm by 2030, double revenue in next 5 years

FMCG major Marico aims to be a Rs 20,000 crore company by 2030 by growing its revenue two-fold in the next five years, says its Chairman Harsh Mariwala. The company, which owns popular brands as Saffola, Parachute, and Livon, crossed the Rs 10,000-crore revenue milestone in the last 2024-25 fiscal. Terming this as an achievement, Mariwala, in the latest annual report of the company, said it is a reflection of the strength of Marico's brands and innovations, which are a vital lever in the pursuit of purposeful growth. The company is now gearing up for the next phase of transformation, aiming to achieve the next Rs 10,000 crore in revenues over the next five years. Even as we celebrate this significant accomplishment, we remain sharply focused on our next horizonscaling towards Rs 20,000 crore in revenue by 2030 guided by a clear roadmap rooted in innovation, purposeful brand building and operational excellence, said Mariwala while addressing the shareholders. Marico, which was earl

Chhattisgarh boosts forest foods brand 'JashPure' for wider outreach

JashPure, which is named after Chief Minister Vishnu Deo Sai's home district of Jashpur, makes nutritious and preservative-free food products

Dabur India eyes double-digit CAGR by FY27-28 with wellness focus

Dabur to deepen bets on power brands, health and wellness, and rural expansion to achieve sustainable double-digit growth by FY27-28, says its annual report

Khetika bets big on clean-label food chain, looks to expand to 40 cities

The company has raised $18 million to expand tech-enabled farming platform that connects smallholders directly to consumers seeking chemical-free staples

FMCG makers see impact of erratic weather on topline growth in Q1FY26

Fast-moving consumer goods (FMCG) makers are expecting their topline growth to be impacted in the June quarter due to headwinds like unseasonal rains, a brief summer span and inflation pressure on key inputs. However, the FMCG industry witnessed a sequential recovery in demand during the quarter, with an uptick in volume growth, particularly in urban markets. Margins of FMCG majors such as Marico, Dabur, and Godrej Consumer remained below the normative level, and they expect a low-single-digit volume growth in the April-June period. Godrej Consumer Products expects its margin from the India business to stay below the 'normative range' in the June quarter, but is likely to deliver high-single-digit value growth aided by volume expansion. The company's volume growth, in its standalone business, has been strongly competitive and is sequentially improving, said the Godrej Industries Group FMCG arm in its quarterly updates. "Standalone EBITDA margin in Q1FY26 is likely to be below our

Results preview: Rising rural demand may reflect in FMCG firms' Q1 showing

Dabur, Marico and Godrej Consumer see improved trends; AWL flags muted demand

Marico estimates low-twenties percentage quarterly revenue growth

The consumer goods maker forecasts gross margin to remain under "incremental pressure" due to high costs of key raw materials such as copra

Early rainfall spoils FMCG's summer run, register mild Q1 recovery

Early monsoon dampened Q1 FY26 demand for summer-linked FMCG goods but modest volume growth and raw material easing could support a broader recovery from Q2

ITC's FMCG biz clocks in consumer spend of over ₹34,000 cr in FY25

Consumer spend on ITC's FMCG brands grew 4.6 per cent to over Rs 34,000 crore in FY25, with rural demand holding up despite muted growth across the broader sector

DS Group VC expects Pulse candy to become Rs 1K-cr brand in 2 yrs

Homegrown FMCG firm Dharampal Satyapal Group expects its Pulse candy to become a Rs 1,000-crore brand in the next two years, having crossed the Rs 750-crore mark in FY25, according to its Vice-Chairman Rajiv Kumar. Dharampal Satyapal (DS) group plans to develop Pulse candy into a multi-format, multi-occasion offering by moving into adjacent product categories, new formats, and introducing regional flavors, having already made it a leading Indian ethnic confectionery brand Kumar told PTI. In 2024-25, Pulse candy sold 750 crore units priced at Re 1 each translating into a revenue of Rs 750 crore. "We are the largest player of hard-boiled candy in the country with a market share of 19 per cent, growing at 15 per cent CAGR in the last three years, at a time when the industry growth in the overall hard-boiled candy segment is 9 per cent," Kumar said. The Indian hard boiled candy market size is estimated to be around Rs 4,000 crore. Asked when the group expects Pulse candy to become a R

FMCG majors reconnect with kiranas as quick-commerce squeeze deepens

ITC, Nestle, Tata, Dabur and Parle roll out new trade incentives to mend kirana ties and regain market share lost to fast-growing quick-commerce platforms

FMCG, power and consumer durables stocks bore brunt of FPI selling

FPIs were net sellers (buying-selling) of FMCG stocks worth Rs 3,626 crore, power stocks worth Rs 3,120 crore, and consumer durables shares worth Rs 1,893 crore