Stories
FMCG Demand Expected To Stay Strong Despite El Nino Weather Concerns
C
CNBC TV18•13-10-2026, 12:06
FMCG Demand Expected To Stay Strong Despite El Nino Weather Concerns
- •FMCG companies are projected to deliver another strong quarter driven by market share gains, formalisation, and resilient rural demand despite El Nino concerns.
- •Bajaj Consumer is expected to report around 25 percent revenue growth and 46 percent EBITDA growth, while Nestle India anticipates growth in the 20 percent range.
- •Organised FMCG companies continue to benefit as tighter GST compliance and inflation force smaller regional players out of the market.
- •Historical data shows no significant negative correlation between El Nino rainfall deficits and FMCG volume growth over the past decade.
- •Higher agricultural input costs and lower milk output in Maharashtra may put margin pressure on specific food and dairy companies.
Key Questions Answered
Fast-moving consumer goods companies are expected to deliver a strong quarter supported by market share gains, GST-led formalisation, and resilient rural demand, with historical data showing no significant high correlation between El Niño rainfall deficits and FMCG volume growth.
Organised companies continue to capture market share as inflation, currency weakness, and strict GST compliance force smaller regional players out of the market.
Bajaj Consumer is expected to report around 25% revenue growth and 46% EBITDA growth, while Nestlé India is projected to post revenue and EBITDA growth in the 20% range.
