Latest news with #GeneralTrade
Business Standard
5 days ago
- Business
- Business Standard
Honasa Consumer appoints Yatish Bhargava as CBO
Honasa Consumer has announced the appointment of Yatish Bhargava as chief business officer (CBO), designated as senior management personnel, with effect from 17 June 2025. Yatish has over 17 years of experience in P&L management and leading large-scale teams across General Trade, Modern Trade and e-commerce. Prior to joining Honasa, Yatish held key leadership roles at Flipkart and Hindustan Unilever. Bhargava has led category transformation, built scalable go-to-market strategies and driven sustained growth across diverse consumer businesses. Yatish holds an MBA from the Indian Institute of Management, Lucknow. The companys consolidated net profit slipped 18% to Rs 24.98 crore despite 13.3% rise in revenue from operations to Rs 533.56 crore in Q4 FY25 over Q4 FY24. Honasa Consumer is Indias largest digital-first beauty and personal care company, with a diverse portfolio of six brands. Shares of Honasa Consumer fell 2.50% to Rs 301.60 on the BSE.
Entrepreneur
11-06-2025
- Business
- Entrepreneur
Dabur Aims Double Digit CAGR By FY28
You're reading Entrepreneur India, an international franchise of Entrepreneur Media. FMCG company Dabur India recently unveiled its refreshed strategic vision to achieve sustainable double-digit CAGR in both topline and bottomline by FY 2027-28. "Our renewed strategy is designed to harness the strength of our core while unlocking future-ready engines of value creation. It represents a fine balance between stability and disruption, scale and agility, and heritage and modernity. With new product formats, enhanced supply chain capabilities, and a renewed focus on customer-centricity, we are confident that our General Trade partners will continue to thrive alongside us as we steer Dabur into the next growth orbit," said Dabur India CEO, Mohit Malhotra. The company is reaffirming its presence in general trade with its new vision strategy and intends to work with partners to not only tap the emerging opportunities but also ensuring that partners' RoI is protected and enhanced. The company will also invest in tools and programmes to empower the stockiest partners, ranging from predictive analytics for demand planning to simplified onboarding and claims processing systems. These initiatives are designed to make doing business with Dabur easier, faster, and more rewarding. "As we look to the future, our message is simple: we are with you, we value you, and we grow with you," said Malhotra
Mint
20-05-2025
- Business
- Mint
Livpure Achieves Strong Turnaround with 389% EBITDA Surge, Announces Strategic Investments and Bold Market Expansions
India, May 20, 2025: Livpure, one of India's leading and most trusted customer-centric brands dedicated to consumer well-being, has reported a robust 39% year-on-year revenue growth in the Appliances and Service Business, led by strong consumer demand, expanded product lines, and deeper market penetration. The company's exceptional performance has resulted in a remarkable 389% surge in EBITDA, signifying a successful business turnaround. Livpure's strong performance was reflected across both product categories and sales channels. The Water Purifier segment grew by 17%, while Kitchen Appliances saw a phenomenal surge of 248%, and Air Coolers recorded a remarkable 100% increase. The brand experienced robust growth across all key channels, General Trade rose by 55%, Modern Trade by 66%, E-commerce saw a 44% uptick, and the company's innovative Water-as-a-Service (WAAS) model grew by an impressive 49%. Taking a recap of the announcements that contributed to the company's growth—Livpure had secured INR 208 crore in funding from M&G Investments through its Catalyst investment strategy, along with INR 25 crore from Ncubate Capital Partners. This strategic investment marked a significant milestone for Livpure, enabling the brand to accelerate category expansion, drive innovation through R&D, and enhance the overall consumer experience in the home wellness category. Commenting on this milestone, Rakesh Kaul, Managing Director, Livpure, said: 'A 389% surge in EBITDA and 39% revenue growth in Livpure Appliances and Service Business in FY 25 over the previous year are not just numbers—they're markers of a profound transformation. At Livpure, we've redefined what it means to be a home wellness brand by putting innovation, trust, and long-term value at the center of everything we do. This milestone is a result of our bold decisions to disrupt traditional models, anticipate evolving consumer needs, and invest in sustainable growth. As we look ahead, we're driven by a larger vision—to make wellness effortless and accessible in every Indian home.' In a major move to enhance consumer experience, Livpure recently launched India's largest range of maintenance-free water purifiers with the relaunch of its popular campaign 'Hathi Mat Palo'. The commercial is airing on Star Sports during Indian Premier League (IPL) and across major national and regional channels. The company is offering up to 30 months of embedded maintenance services on its premium models, including Allura, Allura Premia, Sereno, Eterna, and Eterna Premia, delivering a hassle-free ownership experience like never before. Further strengthening its presence in the sports and youth marketing space, Livpure had partnered with Gujarat Titans as the Exclusive Water Purifier and Kitchen Appliance Partner for IPL 2025. With strong growth, strategic investments, disruptive product innovations, and meaningful partnerships, Livpure had firmly cemented its leadership in India's home wellness and consumer appliances segment. Note to readers: This article is part of Mint's paid consumer connect Initiative. Mint assumes no editorial involvement or responsibility for errors, omissions, or content accuracy. Want to get your story featured as above? click here!
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Business Standard
07-05-2025
- Business
- Business Standard
Marico hits record high, zooms 21% in 2 months; analysts see more upside
Share price of Marico today Shares of Marico hit a record high of ₹ 737.40, gaining 2.4 per cent on the BSE in Wednesday's intra-day trade amid heavy volumes owing to earnings improvement. The stock price of the edible oil company surpassed its previous high of ₹ 736.10 touched on February 1, 2025. In the past one month, the stock has rallied 11 per cent, and, in the past two months it surged 21 per cent. At 02:55 pm; Marico was trading 2 per cent higher at ₹ 735.90, as compared to the 0.1 per cent gain on the BSE Sensex. The average trading volumes on the counter jumped over three-fold. A combined 3.2 million equity shares changed hands on the NSE and BSE. Marico Q4 results Homegrown FMCG firm Marico on Friday, May 2, 2025 reported a 7.81 per cent rise in consolidated net profit at ₹ 345 crore in the March 2025 quarter (Q4FY25), driven by volume and revenue growth in India, along with robust international business. Consolidated revenue from operations grew 20 per cent year-on-year at ₹ 2,730 crore, with underlying volume growth of 7 per cent in the India business and constant currency growth (CCG) of 16 per cent in the international business. India volume and revenue growth were at 14 quarter high. Outlook With retail and food inflation moderating, it bodes well for the overall consumption in FY26. Government schemes, rise in MSPs and healthy monsoon forecasts to aid ongoing rural recovery. Marico expects gradually improving growth trends in the core categories on the back of moderating trends in retail and food inflation as well as the promise of a healthy monsoon season. This will be further aided by our ongoing initiatives to support select General Trade (GT) channel partners and transformative expansion in its direct reach footprint under Project SETU. Despite transient input cost headwinds in the near term, the company expects to sustain the double-digit revenue growth momentum and will strive to deliver double-digit operating profit growth in FY26. Brokerage view – Yes Securities Volume pick-up in domestic core, strong price growth in Parachute & Saffola edible oils in H1FY26, likely bottoming-out of value added hair oils (VAHO), distribution expansion through Project SETU, continued strong momentum in newer domestic businesses and healthy International business CCG should lead to double -digit topline growth in FY26. Based on ~50x multiple on FY27E EPS the brokerage firm said that they now get a slightly revised target price of ₹ 830 (₹ 800 earlier). Brokerage view – Elara Capital The brokerage firm maintains a constructive view on Marico, underpinned by its strong medium term potential to deliver double-digit sales growth. This optimism is driven by a combination of strategic price increases, enhanced direct distribution capabilities, and robust momentum in its foods and premium personal care segments. 'Additionally, as its new business verticals continue to scale, we expect upside to margin in the long term, further reinforcing our positive stance. We reiterate our Accumulate rating with a higher target price of ₹ 785 on 50x FY27E P/E,' analysts said in the Q4 result update. About Marico Marico is one of India's leading consumer goods companies operating in the global beauty and wellness categories. In FY 2023-24, Marico recorded a turnover of $1.2 billion through its products sold in India and chosen markets in Asia and Africa. Marico touches the lives of 1 out of every 3 Indians, through its portfolio of brands such as Parachute, Saffola, Hair & Care, Parachute Advansed, Nihar Naturals, Mediker, Pure Sense, Coco Soul, Revive, Set Wet, Livon, Beardo, Just Herbs, True Elements and Plix. The international consumer products portfolio contributes to about 26 per cent of the Group's revenue, with brands like Parachute, Parachute Advansed, HairCode, Fiancée, Purité de Prôvence, Ôliv, Caivil, Hercules, Black Chic, Code 10, Ingwe, X-Men, Thuan Phat and Isoplus.
Business Standard
05-05-2025
- Business
- Business Standard
Marico gains after Q4 PAT rises 8% YoY to Rs 343 cr
Marico rallied 3.81% to Rs 724.10 after the company reported a 7.86% jump in consolidated net profit to Rs 343 crore in Q4 FY25 as compared with Rs 318 crore in Q4 FY24. Revenue from operations increased 19.84% to Rs 2,730 crore during the quarter as compared with Rs 2,278 crore in Q4 FY24, with underlying volume growth of 7% in the India business and constant currency growth of 16% in the international business. Profit before tax (PBT) rose 10.53% YoY to Rs 441 crore in Q4 FY25. EBITDA stood at Rs 458 crore, recording growth of 4% YoY. EBITDA margin fell 260 bps to 16.8% in Q4 FY25. During Q4, consumer sentiment remained stable amidst improving demand in rural and mixed trends among mass and premium urban segments. Both HPC and Foods segments exhibited steady growth vis-vis the preceding quarter. India revenues stood at 2,068 crore, up 23% YoY, aided by price hikes in core portfolios in response to elevated input costs. Alternate channels continued to gain salience vis-vis General Trade. On international business front, Bangladesh sustained its strong momentum, posting double-digit constant currency growth. Vietnam was muted amidst sluggishness in some of the key categories. MENA and South Africa continued their high-paced growth trajectory. The business charted a resilient topline and profitability performance despite the impact of currency headwinds in key markets (translating to ~2% impact on consolidated EBITDA in FY25). Gross margin contracted by ~300 bps YoY, primarily impacted by the rise in copra and vegetable oil prices, which was partly offset by pricing interventions in key portfolios. A&P spends were up 35% YoY in Q4. On the outlook front, the company expects gradually improving growth trends in the core categories on the back of moderating trends in retail and food inflation as well as promise of a healthy monsoon season. This will be further aided by its ongoing initiatives to support select General Trade (GT) channel partners and transformative expansion in its direct reach footprint under Project SETU. The company aims to grow Foods at 25%+ CAGR to around 8x of FY20 revenues (~2x of FY24 revenues) in FY27. The Digital-first portfolio clocked ARR of Rs 750 crore on exit basis in FY25, The company expects to scale this portfolio to ~2.5x of FY24 ARR (earlier ~2x of FY24 ARR) in FY27. Consequently, it expects the India revenue share of the foods and premium personal care portfolios to expand to ~25% by FY27. The company expects gradual improvement in gross and operating margins of the Food portfolio as we scale up over the medium term. Among Digital-first brands, Beardo closed in on double-digit EBITDA margin this year. Plix delivered low single digit EBITDA margin this year. It aims to replicate this playbook and achieve double-digit EBITDA margin in the portfolio in FY27. The company aims to expand into premium personal care categories such shampoos, skin care, hair styling/ care (ex-hair oils) and baby care. These portfolios have scaled at 24% CAGR over FY21-25 period and it aims to deliver 25%+ growth in the medium term. We will continue to invest aggressively towards diversifying the portfolio, expanding the total addressable market and driving market share gains in each of the markets. We aim to maintain the double-digit constant currency growth momentum in the International business over the medium term, the company added in exchange filing. Despite transient input cost headwinds in the near term, the FMCG company expects to sustain the double-digit revenue growth momentum and will strive to deliver double-digit operating profit growth in FY26. It also expects operating margin to inch up over the medium term with leverage benefits as well as premiumisation of the portfolios across both the India and International businesses. Saugata Gupta, MD & CEO commented, said, The fiscal year 2024-25 has closed on a momentous note with consolidated revenues crossing the 10,000 cr. mark. As set out at the start of the year, we have met our double-digit revenue growth aspiration, backed by top quartile volume growth in the India business and robust growth in the International business. While the core portfolio continued to garner market share and penetration gains, the scale-up momentum in Foods and Digital-first brands continued to have a markedly positive impact on topline and bottomline growth. In the International business, we have made visible strides towards building presence in premium personal care categories across markets, which is leading to broad-basing of the business. While we expect elevated input costs to be transient headwinds in the near term, we remain focused on leveraging the building blocks in place to deliver industry leading growth in FY26. Meanwhile the companys board recommended final dividend of Rs 7 per equity share of Re 1 each, subject to approval of shareholders at the ensuing 37th Annual General Meeting (AGM). The record date was fixed as Friday, 1 August 2025. The said dividend, if approved by shareholders will be paid on or before Sunday, September 7, 2025. Marico is one of India's leading consumer products companies, in the global beauty and wellness space. It sells products under brands such as Parachute, Saffola, Hair & Care, Parachute Advansed, Nihar Naturals, Mediker, Pure Sense, Coco Soul, Revive, Set Wet, Livon, Beardo, Just Herbs etc.
