The Company had set aggressive growth targets in 2022, that never materialized due to it’s over bullishness and industry headwinds. It had later gave up various expansion plans as well as withdrew from loss making international operations. Now once again, Company (BRL) seems to be hopeful of a brighter future; atleast in the short term. … Read more
Pirojsha Godrej is taking control of the Godrej Industries group. He will succeed Nadir Godrej as Chairperson of the Godrej Industries Group and Godrej Industries Limited, effective August 14, 2026. Pirojsha will also continue to serve as Chairperson of Godrej Properties, Godrej Capital, and Godrej Ventures. With this change, there is general expectation of an aggressive growth … Read more
Key points mentioned by the management included: Target of 1.5X revenues over current levels and hence crossing Rs 1 lakh crore milestone by FY2030 This is just 50% revenue growth over next 5 years Targets upto 30% export contribution by 2030 (against 27% currently) Launch of luxury segment brand Genesis in India by 2027 26 … Read more
In it’s Annual Report for FY 2025, the Chairman Harsh Mariwala has said that the Company aims Rs 20,000 cr of revenues by FY 2030. In FY 2025, Marico reported revenues of Rs 10,831 cr. Rs 20,000 cr in next 5 years therefore imply a CAGR of 13%. Compared with this, the Company in the … Read more
During it’s Q4 earnings call, the management has made aggressive business predictions. ABFRL will target a three-time revenue increase and a two-times margin expansion over the next five years. ABFRL includes brands like Pantaloons and Style Up; an ethnic wear portfolio comprising Jaypore, Tasva and TCNS brands, along with designer brands Shantnu & Nikhil, Tarun … Read more
Kansai Paint Co Ltd. the parent held a India strategy briefing. Key highlights included – Given the increasing competitive pressures in the decorative paints market, the Indian business to sharpen its focus on the industrial paints segment to drive growth. The goal: to become India’s second-largest coatings company by 2030. It aims to maintain its … Read more
Premiumisation in liquor is an ongoing trend in the Indian market. Encouraged by the same, Radico’s MD Abhishek Khaitan has shared the following. Target of Rs 500 cr of revenues from it’s luxury brands in FY 26 During 9 months ended December 31, 2024, it stood at Rs 250 cr and during Q3 itself it … Read more
EMS (Electronics Manufacturing Services) is currently part of the company’s Customer Support Services division (CCS). CCS currently accounts for about 30% of TVS’s revenues and balance 70% is contributed by Products and Solutions division (PAS). EMS currently is a very small contributor to TVS’s business (details not provided). Company wants to grow EMS as big … Read more
Sona currently relies heavily on North America and Europe for 66% of its revenue. India contributes 28%. It’s current focus regions in the West (America and Europe) are plateauing and hence the Company is looking to expand into China, Japan, and South Korea. The targets are all 3 segments – electric, hybrid as well as … Read more