Mangalam Maloo Profile picture
May 26 10 tweets 7 min read Twitter logo Read on Twitter
FMCG Index at record high

Here are 8 recent conversations that you should watch to understand the opportunity in India

They're with Nestle, Britannia, Asian Paints, Titan, Tata Consumer, Marico, Dominos and Pidilite

They're all *heart*
#Thread #FMCGisLife @CNBCTV18Live

1/n
NESTLE

Suresh Narayanan spoke about growth coming through infrastructure changes

Easier distribution has improved aspirations of vast areas of our population

@Nestle

2/n
ASIAN PAINTS

Amit Syngle spoke about the nature of demand in paint industry and how everyone is eyeing this space now.

A lovely lesson on industry leadership and growth from them

@asianpaints

3/n
BRITANNIA

Rockstar @realvarunberry spells out the growth strategy through diversification and through new products and categories

@BritanniaIndLtd
4/n
TITAN

A shift from unorganized to organized is another big trigger for growth in India

The demand for Jewellery as investment and adornment is both intact

New categories like smart watches, sarees and fragrances are strong too

@TitanCompanyLtd
5/n

TATA CONSUMER

Branding commoditized businesses, achieving goals earlier than promised and growing through categories of the future is what I learnt from Sunil Dsouza

@TataConsumer
6/n
JUBILANT FOOD

Hear from @dominos global CEO and @dominos_india's @KhetarpalSameer on growth opportunities in India through technology, product innovation and superior delivery

The QSR opportunity in India is still largely untapped.

7/n
MARICO

Saugata Gupta spoke about the process of creating a company of the future and nurturing talent

The culture of growing from an oil trading company to one that is the best partner for digital first brands

@hcmariwala @Marico_News

8/n

PIDILITE & BRAND INDIA

Saved my favorite for the end

Piyush Pandey & Bharat Puri decode the idea, opportunities and the potential of India through brands and business stories

@Ogilvy @StuckByFevicol #IndiaAt75 9/n

Finally!

If you've reached till here, then thank you

Do save it, binge over the weekend or whenever you feel glum about India

If you like it - Share it!

If you don't - Please share your feedback with me

Will strive to bring out the best from this space!
#FMCGisLife 10/10

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More from @blitzkreigm

Feb 27
Soft Drinks and Their Brand Ambassadors

Just creating a quick #Thread from memory

Feel free to add

Aamir Khan has endorsed both Pepsi & Coke

#FMCGisLife #Pepsi #CocaCola #Advertising

1/n
Aishwarya Rai too has endorsed both!

Was a model in the Pepsi Ad with Aamir Khan named Sanjana (a phenomenon that increased the number of girls named Sanjana in India)

afaqs.com/news/guest-art…

Also endorsed Coke with Aamir, later

2/n
Salman Khan

Can never forget the Pepsi vs Thums Up Ads of our childhood.

Taste tests and Thums Up's positioning as the Man's drink vs Boys.

Turns out, the boy eventually turned to Pepsi when he became a man.

3/n
Read 8 tweets
Jan 19
I don’t think one person’s opinion matters on this, and least of all mine.

But for what it’s worth - I personally think it’s unfair on minority shareholders for Unilever to ask for a higher royalty. You’d rather increase the pie than increase your share of it.

1/n
I also think HUL delivers a lot of value to Unilever anyway.

They’re 11% of their global sales but 2/3rd of Global Market cap.

Unilever PLC trades at 18X forward earnings & HUL at 60X

HUL has aspirations to be the top contributor to Global sales as well

2/n
So for all the value, brand usage and technical expertise that Unilever provides to HUL, they get enough in return for their investment already.

Bigger absolute sales and higher valuation > increase in Royalty %

3/n
Read 7 tweets
Oct 27, 2021
ITC Q2FY22: Thread
- Slightly Shy of Expectations, nothing worrisome
- Cigarettes Largely in Line, FMCG Rev below est
- Appears Cig. Volume largely in line with 9-10% est
- Strong 10% EBITDA Margins in FMCG
- Strong Bounce-back by Hotels, Good growth in Paper
#FMCGisLife #ITC 1/n
ITC Q2FY22
Revenue at 12731 Cr vs Poll 12785 Cr
EBITDA at 4615 Cr vs Poll 4680 Cr
Margins at 36.3% vs Poll 36.3%
PAT at 3697 Cr vs Poll 3725 Cr
#FMCGisLife @ITCCorpCom #ITC @CNBCTV18Live
2/n
ITC Q2FY22
SEGMENTS REVENUE POLL
Tobacco +10% 11-12%
FMCG +3% 7-8%
Hotels +260% 150-200%
Paper +25% 15%
#FMCGisLife #ITC @CNBCTV18Live
3/n
Read 5 tweets
Oct 13, 2021
TATA GROUP: A Thread
- Last 4 years have been phenomenal for the group
- Since N Chandra took over in 2017, the group has been on a golden path
- Market cap of major listed Cos of the group has increased by ~11 Lakh Crore
#Thread #Tata @TataCompanies @RNTata2000 (1/n)
TATA GROUP
Steps taken by N Chandra
- Key Mgmnt Changes in group Cos
- Restructuring of Tata Consumer & Chemicals
- Repairing Balance Sheets of Tata Steel & Hotels
- Restructuring announced in Metal Cos
- Global Metals Rally
#Thread #Tata @TataCompanies @RNTata2000 (2/n)
TATA GROUP
Share Price Moves Since the start of 2020
TCS +69%
Tata Steel +182%
Tata Consumer +154%
Tata Motors +127%
Titan +110%
#Thread #Tata @TataCompanies @RNTata2000 (3/n)
Read 6 tweets
Jun 1, 2021
Thoughts on the Nestle story
#Thread #NESTLE @Nestle

Context:
- FT accessed an internal presentation of the Company

- >60% of mainstream F&B drinks pdts don’t meet health stds

- 37% of Co’s products achieve star rating of 3.5 under Australia’s health star rating system
1/n
.@Nestle to @CNBCTV18Live
- Assessing part of F&B portfolio to be measured against external nutrition profiling systems

- About half of our sales, infant nutrition, specialized health products etc, not covered by these systems

(So only 30% of overall pdts “unhealthy”)

(2/n)
Impact on @NestleIndia?

- Not much, in my opinion as India portfolio is much smaller than overall global portfolio

- Co has been working towards reducing Sodium & Sugar in their products over the last 7 years or so

3/n
Read 6 tweets
Jun 1, 2021
ITC Q4FY21: Appears Largely in Line
Sharp Bump Up in Revenue Led By Agri Business
Revenue 13295 Cr vs Poll 12200 Cr
EBITDA 4473 Cr vs Poll 4585 Cr
PAT 3748 Cr vs Poll 3765 Cr

Cigarette Rev +14.2%, EBIT +7.7%
Volumes largely in line b/w 7-8%
FMCG Revenue +15.8%
#FMCGisLife #ITC
ITC Q4FY21 YoY
Tobacco, FMCG & Hotels Largely As Expected
Co announces 5.75/sh as Dividend
#FMCGisLife #ITC
TOBACCO BUSINESS
Cigarette Volume Appears in Line with 7-8% Est; Exact Number Awaited
Tobacco EBIT +7.7%, below expectations of >10% Growth
Tobacco EBIT Margins slip 300 Bps YoY
#FMCGisLife #ITC
Read 10 tweets

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