Consumer Staples

Tata Consumer is seeing tea volumes bounce back in the second half, with volumes growing 2 per cent YOY in the March quarter but its value market share in tea declined by 40 basis points, or 0.4 percentage points, compared to the same period a year. 

FMCG firms to see weak volume, value growth on muted urban demand, GCPL top bet: Kotak Institutional Equities

Volume and value growth for consumer staples companies is likely to be weak for the next few quarters, as urban demand remains muted, weighing on sales.

Nifty FMCG jumps 4% after Finance Minister announces no income tax up to Rs 12 lakh in Budget 2025; ITC, Trent, Godrej Consumer stocks rally 7%

Experts said that consumer demand has been sluggish, slowing volume growth for FMCG firms, as seen so far in the Q3 earnings show.

Britannia, Nestle, Colgate most vulnerable to India's new PWM norms, say Kotak analysts

Analysts believe that India's new plastic waste management norms are likely to impact the revenues of consumer staple companies such as Britannia, Nestle, and Colgate in FY25 as their packaging costs are set to rise

Weak sentiment to keep consumer staples' volume growth under 5% in Q4: Jefferies

Demand trend in the quarter will be largely similar to the last few quarters, with subdued operating environment and volume traction at an overall level, wrote Jefferies' analysts

Consumer staples to recover gradually from H2, aided by likely normal monsoon: Nuvama

The Lok Sabha elections may create a temporary surge in demand, with incremental sales of 6-8 percent in Q1FY25 for small packs of snacks and biscuits, Nuvama has said

Consumer staple firms pin hopes on festive season for volume growth: Jefferies

Gross margins for consumer staples players also saw an improvement, as input prices of raw materials turned benign

Chart of the Day: Consumer firms’ ad spends rise but still below pre-Covid levels

As margins start recovering, companies are reinvesting the margin benefits partly in ad spends

Which are Jefferies’s top stock ideas for this June?

The highest weightage is for financials and the top ideas include two companies that are seeing a turnaround.

After a year of struggle for consumer staples, 2023 looks promising for FMCG

While rural demand is expected to look up on better crop yields and realisations, volumes will recover on lower inflation, which in turn will help improve the margins

Is consumer staples production really at the same level as it was five years ago?

If the IIP numbers are correct, industrial production growth is vastly at odds with the upbeat picture of a robust recovery painted by the Reserve Bank of India and government agencies 

Britannia Inds Q3 PAT seen up 12.1% YoY to Rs. 414.2 cr: Yes Securities

Net Sales are expected to increase by 9 percent Y-o-Y (down 4.9 percent Q-o-Q) to Rs. 3,251.1 crore, according to Yes Securities.

Hind. Unilever Q3 PAT seen up 24.6% YoY to Rs. 2.136.5 cr: Yes Securities

Net Sales are expected to increase by 19 percent Y-o-Y (up 2 percent Q-o-Q) to Rs. 11,671.5 crore, according to Yes Securities.

Dixon Tech Q3 PAT seen up 52.1% YoY to Rs. 40 cr: Yes Securities

Net Sales are expected to increase by 37.3 percent Y-o-Y (down 16.8 percent Q-o-Q) to Rs. 1,364.1 crore, according to Yes Securities.

Nestle India Q3 PAT seen up 18.1% YoY to Rs. 558 cr: Yes Securities

Net Sales are expected to increase by 11 percent Y-o-Y (down 1.3 percent Q-o-Q) to Rs. 3,495.7 crore, according to Yes Securities.

V‐Mart Retail Q3 PAT may dip 28.9% YoY to Rs. 41.4 cr: Yes Securities

Net Sales are expected to decrease by 10 percent Y-o-Y (up 188.3 percent Q-o-Q) to Rs. 505.9 crore, according to Yes Securities.

Page Industries Q3 PAT seen up 33% YoY to Rs. 115.7 cr: Yes Securities

Net Sales are expected to increase by 10 percent Y-o-Y (up 18 percent Q-o-Q) to Rs. 873.2 crore, according to Yes Securities.

Tata Consumer Q3 PAT seen up 43.6% YoY to Rs. 266.3 cr: Yes Securities

Net Sales are expected to increase by 14.3 percent Y-o-Y (up 2.4 percent Q-o-Q) to Rs. 2,848.8 crore, according to Yes Securities.

CCL Products Q3 PAT seen up 11.1% YoY to Rs. 52.2 cr: Yes Securities

Net Sales are expected to increase by 8 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 326.9 crore, according to Yes Securities.

United Spirits Q2 PAT seen up 36.2% YoY to Rs. 352.3 cr: Kotak

Net Sales are expected to increase by 8.4 percent Y-o-Y (up 8.8 percent Q-o-Q) to Rs. 2,414.5 crore, according to Kotak.

United Breweries Q2 PAT seen up 13.8% YoY to Rs. 186.4 cr: Kotak

Net Sales are expected to increase by 9.3 percent Y-o-Y (down 18.6 percent Q-o-Q) to Rs. 1668.4 crore, according to Kotak.

Tata Global Beverages Q2 PAT may dip 3.4% YoY to Rs. 170.4 cr: Kotak

Net Sales are expected to increase by 6 percent Y-o-Y (down 1.6 percent Q-o-Q) to Rs. 1,866.5 crore, according to Kotak.

Nestle India Q2 PAT seen up 31.7% YoY to Rs. 609.8 cr: Kotak

Net Sales are expected to increase by 10.1 percent Y-o-Y (up 7.9 percent Q-o-Q) to Rs. 3237.3 crore, according to Kotak.

Marico Q2 PAT seen up 17.2% YoY to Rs. 251.1 cr: Kotak

Net Sales are expected to increase by 7.2 percent Y-o-Y (down 9.1 percent Q-o-Q) to Rs. 1,969.8 crore, according to Kotak.

Jyothy Laboratories Q2 PAT may dip 0.1% YoY to Rs. 45.3 cr: Kotak

Net Sales are expected to increase by 6.5 percent Y-o-Y (up 10.7 percent Q-o-Q) to Rs. 455.5 crore, according to Kotak.