In the second instalment of a four-part series on how some of the defining numbers in key sectors are springing back to the pre-pandemic level, Arnab Dutta looks at India's top FMCG players
Chaitanya Chitta's brand SLAY has a three-pronged strategy aimed at ushering a marked shift in coffee drinking from indulgence to habit among millenials, in much the same way as pizza
The company, which saw investors pull out of a fund raise as the pandemic struck, is now eyeing an annual revenue run rate of Rs 600 cr by this December
Unlock, good monsoon, better pace of vaccination and rural demand could galvanise recovery
Brokerage JM Financial expects PAT to decline 6.4 per cent YoY to Rs 3,554.9 crore during the quarter ended March 2021
Nestle shares were 0.2% higher at 0951 GMT, broadly in line with the European food sector.
If e-commerce sales are excluded, the sector growth stood at 9.3 per cent in the March quarter, 7.1 per cent in the December quarter, and 0.8 per cent in the September quarter
Indian FMCG industry has recorded a 9.4 per cent growth in the January-March quarter of 2021, helped by a consumption-led growth and value growth by increased prices of products
The maker of honey, chyawanprash, oils and juices had reported a net profit of Rs 281.6 crore last year
Second wave and weak sentiment are likely to impact consumption
With this, Parle hopes to find new ways to get its products to the consumer as the pandemic disrupts supply chain and mandates WFH for some employees
Valuations are, however, rich limiting the upside potential
Shares of Bajaj Consumer Care Ltd settled at Rs 311.20 apiece, up 1.90 per cent from the previous close.
Nestle Q1 preview: Raw material prices have started inching up, however, cost optimisation measures should aid Ebitda margin expansion of 120 bps YoY, said analysts at Edelweiss Financial
Demand for products such as honey, chawanprash and ayurvedic teas has jumped by 60 per cent in April.
Focus on fewer brands, smaller packs; inventory to be moved closer to target markets
FMCG firms such as ITC, Parle Products, Marico, Emami and CG Corp Global on Wednesday assured uninterrupted supply of their products
Formerly, known as Tata Global Beverages, Tata Consumer is currently undergoing a transformation to become a multi-category FMCG company from a food and beverage (F&B) company
During unlock, most consumer goods makers, including durables majors, turned their attention to small towns and rural areas
The company's new-found enthusiasm for the hinterlands is founded on its appetite for growth