Consumer Goods Sector in India Monthly Update May 2013

7/28/2019 Consumer Goods Sector in India Monthly Update May 2013

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Consumer Goods Sector in

India

Monthly Update

May 2013



Consumer Goods – Monthly Update

Top Story

HUL

to

roll

out

India’s

first

liquid

detergent

Hindustan Unilever will soon launch the country's first liquid laundry detergent, in

expectation that affluent consumers will pay a premium for a product that promises to maketheir laundry chores easier. At INR 230 for a liter, Surf Excel Liquid will be the most

expensive daily use detergent product. So far, liquids were sold only for woolen clothes or as

post‐wash whiteners and conditioners within the laundry category.

This move fits into HUL's strategy of ‘premiumization’ and filling up niche spaces in a

category which offers one of the lowest margins to manufacturers. With 90% penetration in

the core detergent space, Hindustan Unilever is trying to create newer consumptionopportunities in the over INR 150 bn laundry market.

News Update

General Decathlon allowed to start retail operations in India The world’s biggest retailer in sporting goods (including bikes) is investing INR 7.36 bn inopening up a retail chain in India. India’s Foreign Investment Promotion Board (FIPB)

cleared the proposal of Decathlon Sports recently. Decathlon takes this step as changes in

legislation now makes it possible for foreign companies to wholly own Indian subsidiaries.

It is already present in India as a cash‐and‐carry/wholesale operator. The sporting goods

giant has written to the Indian government proposing to open a chain of retail stores, similarto the 20 other countries that it conducts business in.

ITC to foray into oral care segment Cigarettes‐to‐hotels conglomerate major ITC is believed to be considering forays into various

new segments, including oral care. It is eyeing oral care as a growth prospect.

Former Paras co-promoter launches new personal care brand

Former ParasPharma co‐promoter Devendra Patel is back in the personal care market withhis new brand Layer'r. Layer'r will initially launch fragrance and eventually, diversify into

other skin and hair care products. ParasPharma has a legacy of brands like Moov, Itchquard,Livon and Dermicool.

ITC expands portfolio with India's first couple deodorant Engage

ITC expanded its deodorant portfolio it entered last year by venturing into a new sub‐

segment ‐ couple deodorant, under a new brand Engage. The company has launched three




pairs of deodorants under Engage ‐ Rush for male and Blush for female, Mate for male andSpell for female, and Urge (male) and Tease (female). Last fiscal, ITC forayed into the

deodorant segment with a brand under its Fiama Di Wills Men franchise.

Woodland launches innovative `cool' shirts with NASA technology

Footwear and apparel maker Woodland launched a range of shirts that will, keep wearers

cool under the collar, equipped as they will be with battery operated cooling panels that will

help lower the temperature. The technology has been provided by a US‐based, scientist fromNASA under a royalty agreement. The detachable cooling panels work for 6‐8 hours on a

single (rechargeable) battery charge, and are being made at Hyderabad under a third party

manufacturing agreement. The new products that cost between INR 6000 and INR 10,000will be available in a few other cities in addition to Pune.

P&G set to launch toothpaste under Oral-B

Procter & Gamble is finally launching its first toothpaste under the Oral‐B brand in India in amarket dominated by Colgate. The move comes after many years of speculation that it may

bring one of the world's largest oral care brands ‐ Crest ‐ to India.

Bata to launch sunglasses, scarves soon

Bata, a popular name in the footwear market, is diversifying its business in accessoriescategories such as sunglasses and scarves. These products will be introduced across Bata

stores. Bata has over 1,350 stores, including 1,000 company‐owned stores. It has recently

launched its new monsoon collection starting from INR 199.

Global diamond shortage set to push jewellery prices

Rough diamond prices have gone up by 12% in the last two months due to a global shortage,pushing up the prices of polished diamonds as well. The diamond trade indicates that selling

prices may go up in the domestic market by 4‐5% by the end of next month when demand for

diamond jewellery generally goes up.

News Update

Regulatory Plans Himachal

to

open

retail

market

to

Walmart,

Metro

Keeping in line with the growing modern retail market boom, Himachal Pradesh government has decided to allow leading corporate giants Walmart, Metro Cash and Carry to set up stores

in the major towns of the state, particularly Shimla. There could be others who are keen to

enter the market, but the government will see the response of the residents and then take a

call on permitting other firms.




News Update

Expansion Plans Foreign beauty companies queue up to enter India South Korea's Innisfree Corp, Italy's Officina and Canada‐based Faces Cosmetics are among a

group of beauty products makers that have lined up to capitalize on the growing market in

India. Indian women are splurging on beauty products, making it an attractive market forcosmetic brands from around the world.

Innisfree, Officina and Faces Cosmetics have approached the Foreign Investment Promotion

Board to invest in single‐brand retailing ventures in India. While Innisfree and Faces areopting for fully owned subsidiaries, Italian Officina has filed for a JV with New Delhi based

businessman Arjun Khurana.

Malabar Gold to open 220 stores across the globe

Kerala‐based jewellery retailer Malabar Gold plans to open 220 stores across the globe by2015 including South Asia and far East countries. The company intends to open 35

showrooms in Kerala itself by this time frame.

Tanishq to expand retail network India's largest jewellery retail chain Tanishq, part of Titan Industries, revealed that it will

invest more than INR 10 bn this fiscal in opening new stores across the country. Tanishq,which currently has 146 retail stores in the country, is planning to launch as many as 29 new

stores this fiscal. Among them, the firm will open 8 to 10 outlets in eastern India at

investment of about INR 2 bn. It currently has 20 retail stores in the region. It also unveiled aspecial edition of gold coins to pay tribute to Nobel laureate Rabindranath Tagore on his152nd birth anniversary.

Dabur India set to expand portfolio in Middle East region

Indian FMCG major, Dabur is set to broaden its current product portfolio in the Middle East

region, looking to expand geographically and increase its penetration across various ethnic

groups. This will be done through a strategic launch of a new face care range, natural haircolor crème and an innovative deodorant range for teenagers.

PC Jeweler invests INR 1750 mn to expand its retail outlets

PC Jeweler Ltd revealed that it has invested INR 1,750 mn since last month to buy gold anddiamond jewellery stocks for six new retail outlets, and will further infuse INR 2,250 mnmore next quarter on further expansion.

PC Jeweler, which has five jewellery manufacturing plants in Dehradun and Noida, had 30

retail stores till last fiscal and now it has gone up to 36. These new six jewellery stores arelocated at Ahmedabad, Vadodara, Hisar, Jabalpur, Shri Ganganagar and Delhi.




Tara Jewelers launch six new company managed stores Tara Jewelers is expanding its presence in India, after having launched its new format

showroom in 2010. Recently it opened six company managed stores in Bhatinda, Jalandhar,

Jaipur, Jodhpur, Ludhiana and Udaipur, brining its presence to a total of 36 stores in 25 citiesacross North, West and Central India. It intends to raise the number of its company managedstores to 50 across 37 cities in India.

Spencer’s Retail to focus on large format stores Kolkata‐based RP‐Sanjiv Goenka Group’s retail arm, Spencer’s Retail has chalked out an

aggressive strategy, which will see an overall investment of nearly INR 6 bn, to open nearly

12 such hyper stores by the end of this year, and over 50 more over the next few years. Theinvestment will come from internal accruals.

Industry Expert Speak

HUL to roll out India’s first liquid detergent – Priya Nair, VP and Category head, Laundry at HUL “As a market leader of the category, we have seen success in premium innovations and

upgradation over the years in laundry given the growth in affluence,”

Transactions (Mar

2013

– May

2013)

Date Buyer Target Deal Size (INR mn)

% stake Deal Status Type of

Transaction

29th May

2013

Walmart Stores

Inc.

Cedar Support

Service4558 49 Planned PE

2nd May

2013Unilever Plc.

Hindustan

Unilever292200 22.5 Completed PE

26th Apr

2013 Future Venture KFC Shoemaker N.A. 33 Completed PE

24th Apr

2013Baring PE India Zydus Wellness 350‐400 N.A. Completed PE

11th Apr

2013BabyOye Hoopos N.A. 100 Completed M&A




Hanung Toys and Textiles Ltd. 8,519.3 11,390.6 13,958.6 14,126.0

Havells India Ltd. 51,625.7 56,126.3 65,182.0 72,218.0

Hindustan Sanitaryware &Industries Ltd.

8,083.1 10,820.8 14,455.7 17,366.8

Hindustan Unilever Ltd. 180,319.3 200,225.5 234,363.3 263,171.5

ITC Ltd. 191,358.7 225,747.0 265,517.9 316,275.4

Jyothy Laboratories 5,982.2 6,196.3 9,127.6 11,041.5

Kajaria Ceramics Ltd. 7,362.8 9,532.5 13,130.3 16,119.8

Kansai Nerolac Paints Ltd. 17,063.8 21,320.0 25,916.2 28,518.7

Marico Ltd. 26,607.6 31,349.9 40,082.8 45,843.5

MW Unitexx Ltd. 29.5 8,716.7 10,197.9 9,215.0

Nilkamal Ltd. 10,950.0 13,180.6 15,165.2 16,931.0

Rajesh Exports Ltd. 184,115.9 205,356.8 257,240.7 318,739.6

Raymond Ltd. 25,078.3 30,475.5 36,489.1 40,691.6

S.Kumars Nationwide Ltd. 38,561.8 52,196.0 63,546.2 N.A.

Shrenuj & Co. Ltd 18,961.3 24,565.2 31,506.3 38,621.5

Siemens Ltd.* 96,272.4 119,718.1 124,657.9 118,303.8

Somany Ceramics Ltd. 5,423.1 7,162.4 8,761.3 10,499.3

Suashish Diamonds Ltd. 12,169.3 11,015.5 12,045.3 N.A.

Surya Roshni Ltd. 17,954.9 23,105.4 30,257.2 35,439.0

Tata Chemicals Ltd. 95,435.5 110,601.5 136,551.1 147,186.3

Titan Industries Ltd. 46,771.6 65,331.4 88,484.3 100,193.5




TTK Prestige Ltd. 5,079.4 7,592.0 10,969.8 13,584.8

Winsome Diamonds and

Jewellery Ltd.

34,051.3 48,458.0 56,831.2 62,004.9

Wipro Ltd. 271,115.0 309,535.0 370,766.0 372,879.0

* Change in Financial Year Ending

Annual Financial Results – Income (INR mn)

Companies FY ’10 FY ’11 FY ’12 FY’ 13

Akzo Nobel India Ltd. 1,593.0 1,766.0 2,018.0 2,188.3

Asian Paints Ltd. 8,356.4 8,432.4 9,887.3 11,138.8

Bajaj Electricals Ltd. 1,171.0 1,437.9 1,178.8 512.1

Berger Paints India Ltd. 1,203.9 1,501.0 1,801.0 2,184.0

Colgate Palmolive (India) Ltd. 4,232.6 4,025.8 4,464.7 4,967.5

Crompton Greaves Ltd. 8,598.7 8,886.7 3,735.9 (361.4)

Dabur India Ltd. 5,010.8 5,685.7 6,448.9 7,634.2

Emami Ltd. 1,697.3 2,287.2 2,588.4 3,147.4

Eveready Industries India Ltd. 1,272.3 (139.5) (880.6) N.A.

Gitanjali Gems Ltd. 2,001.7 3,548.1 4,872.5 5,916.9

Godrej Consumer Products

Ltd. 3,395.9 5,147.1 7,267.2 7,961.0

Hanung Toys and Textiles Ltd 897.8 1,195.7 1,505.4 1,082.4

Havells India Ltd. 695.6 3,035.7 3,699.2 5,814.3

Hindustan Sanitaryware &

Industries Ltd.436.5 781.5 935.5 820.5




Hindustan Unilever Ltd. 21,566.3 22,960.5 27,906.6 38,289.8

ITC Ltd. 41,681.8 50,179.3 62,581.4 76,080.7

Jyothy Laboratories 743.4 687.6 445.8 196.5

Kajaria Ceramics Ltd. 358.5 606.2 808.8 1,045.1

Kansai Nerolac Paints Ltd. 1,655.0 2,059.9 2,158.9 287.3

Marico Ltd. 2,316.7 2,864.4 3,171.1 3,958.6

MW Unitexx Ltd. (8.1) 125.5 191.8 (239.1)

Nilkamal Ltd. 515.0 534.1 611.1 371.4


Raymond Ltd. (459.5) 536.9 1,557.8 287.3


Shrenuj & Co. Ltd 507.7 568.5 703.4 733.8

Siemens Ltd.* 7,577.7 8,677.5 7,300.6 791.1

Somany Ceramics Ltd. 203.9 238.6 251.1 320.1

Suashish Diamonds Ltd. 826.9 680.1 375.1 N.A.

Surya Roshni Ltd. 451.7 674.7 523.1 734.6


Titan Industries Ltd. 2,513.0 4,331.2 6,013.6 7,253.8

TTK Prestige Ltd. 524.4 837.5 1,133.6 1,330.9

Winsome Diamonds andJewellery Ltd.

851.7 1,305.4 957.5 1,175.6

Wipro Ltd. 45,931.0 52,977.0 55,730.0 66,359.0




* Change in Financial Year Ending

Quarterly Financial Results – Revenue (INR mn)

Companies Apr-Jun

2012Jul-Sep

2012 Oct -Dec 2012

Jan -Mar 2013

Akzo Nobel India Ltd. 5,497.7 5,112.5 5,940.5 5,246.7

Asian Paints Ltd. 25,392.5 26,159.5 30,371.4 27,736.1

Bajaj Electricals Ltd. 6,639.7 7,327.0 8,721.2 11,121.3

Berger Paints India Ltd. 8,034.0 8,083.0 9,171.0 8,057.8


Crompton Greaves Ltd. 28,111.4 29,241.7 29,718.3 33,873.0

Dabur India Ltd. 14,620.0 15,372.2 16,307.2 15,310.9

Emami Ltd. 3,388.3 3,606.6 5,486.5 4,509.5

Eveready Industries India Ltd. N.A. N.A. N.A. N.A.



Ltd.13,886.4 15,953.3 16,913.1 17,155.1

Hanung Toys and Textiles Ltd N.A. N.A. N.A. N.A.

Havells India Ltd. 17,778.0 16,992.0 18,143.0 19,305.0


Industries Ltd. N.A. N.A. N.A. N.A.

Hindustan Unilever Ltd. N.A. N.A. N.A. N.A.

ITC Ltd. N.A. N.A. N.A. N.A.

Jyothy Laboratories N.A. N.A. N.A. N.A.




Kajaria Ceramics Ltd. 3,560.4 3,887.4 4,172.6 4,499.4

Kansai Nerolac Paints Ltd. 7,208.0 6,794.0 7,666.0 6,850.7

Marico Ltd. 12,672.1 11,558.9 11,639.9 9,972.6

MW Unitexx Ltd. 2,326.0 2,053.2 2,269.0 N.A.

Nilkamal Ltd. N.A. N.A. N.A. N.A.


Raymond Ltd. 8,369.4 11,141.5 10,490.6 10,690.2


Shrenuj & Co. Ltd 7,136.6 8,236.1 14,304.3 8,944.5

Siemens Ltd. 34,141.3 34,141.3 24,508.6 29,077.2

Somany Ceramics Ltd. N.A. N.A. N.A. N.A.

Suashish Diamonds Ltd. N.A. N.A. N.A. N.A.

Surya Roshni Ltd. N.A. N.A. N.A. N.A.


Titan Industries Ltd. N.A. N.A. N.A. N.A.

TTK Prestige Ltd. 3,025.3 3,355.5 4,371.3 2,832.7

Winsome Diamonds andJewellery Ltd.

N.A. N.A. N.A. N.A.

Wipro Ltd. 104,498.0 106,035.0 109,132.0 95,753.0




Quarterly Financial Results – Income (INR mn)

Companies

Apr-

Jun

2012 Jul-

Sep

2012 Oct -

Dec

2012 Jan

-

Mar

2013

Akzo Nobel India Ltd. 608.9 448.1 506.3 625.0

Asian Paints Ltd. 2,883.8 2,391.6 3,352.3 2,511.1

Bajaj Electricals Ltd. 119.8 269.2 116.8 6.3

Berger Paints India Ltd. 444.0 534.0 768.0 438.0


Crompton Greaves Ltd. 859.0 420.5 (1,893.6) 252.7

Dabur India Ltd. 1,494.0 2,023.7 2,111.1 2,005.5

Emami Ltd. 466.0 592.0 1,149.5 939.9

Eveready Industries India Ltd. N.A. N.A. N.A. N.A.



Ltd.1,304.6 1,593.1 1,722.0 3,341.4

Hanung Toys and Textiles Ltd N.A. N.A. N.A. N.A.

Havells India Ltd. 713.0 2,423.0 1,178.0 1,500.3


Industries Ltd.N.A. N.A. N.A. N.A.

Hindustan Unilever Ltd. N.A. N.A. N.A. N.A.

ITC Ltd. N.A. N.A. N.A. N.A.

Jyothy Laboratories N.A. N.A. N.A. N.A.

Kajaria Ceramics Ltd. 222.5 265.4 249.5 307.7

Kansai Nerolac Paints Ltd. 633.0 474.0 489.0 1,335.4




Marico Ltd. 1,238.4 858.7 1,022.9 838.6

MW Unitexx Ltd. (15.7) (38.6) (166.6) N.A.

Nilkamal Ltd. N.A. N.A. N.A. N.A.

Rajesh Exports Ltd. 982.7 1,124.5 1,314.7 1,109.3

Raymond Ltd. (349.8) 502.6 128.4 6.1

S.Kumars Nationwide Ltd. 645.3 114.9 104.5 N.A.

Shrenuj & Co. Ltd 127.2 190.0 212.2 297.4

Siemens Ltd. (157.6) (157.6) 730.7 299.5

Somany Ceramics Ltd. N.A. N.A. N.A. N.A.

Suashish Diamonds Ltd. N.A. N.A. N.A. N.A.

Surya Roshni Ltd. N.A. N.A. N.A. N.A.

Tata Chemicals Ltd. 1,075.9 2,567.7 2,240.7 (1,880.3)

Titan Industries Ltd. N.A. N.A. N.A. N.A.

TTK Prestige Ltd. 306.8 302.8 441.0 280.3

Winsome Diamonds and

Jewellery Ltd.N.A. N.A. N.A. N.A.

Wipro Ltd. 15,802.0 16,105.0 17,164.0 17,287.0




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Events Calendar

Mother Baby

&

Child

Expo

Date: 7th ‐ 9th June 2013Venue: Nehru Center

City: MumbaiContact Person: Mr. Ganpat ShelarContact No: +91‐22‐27717170

Health &

Beauty

Expo

Date: 21st ‐ 23rd June 2013Venue: Chennai Convention Center

City: ChennaiContact Person: Mr. M.K. SheeraamContact No: +91‐44‐24351955

Organizer: Sai Expo

Hyderabad Jewellery Pearl & Gem Fair Date: 7th ‐ 9th June 2013Venue: Hyderabad International Trade

Exposition CentreCity: Hyderabad

Contact Person: Ms. PriyankaContact No: +91‐22‐6612 2600Organizer: UBM India Pvt. Ltd.

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Consumer Goods Sector in India Monthly Update May 2013

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Transcript of Consumer Goods Sector in India Monthly Update May 2013