RIL FMCG Arm Eyes ₹20,000 Crore Revenue, Set to Overtake Rivals

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AuthorVihaan Mehta|Published at:
RIL FMCG Arm Eyes ₹20,000 Crore Revenue, Set to Overtake Rivals
Overview

Reliance Industries' fast-moving consumer goods arm, Reliance Consumer Products (RCPL), is set to reach ₹20,000 crore in gross revenue by FY26. This aggressive growth trajectory, fueled by brand acquisitions and portfolio expansion, positions RCPL to surpass established players like Marico and Dabur. The business already achieved ₹15,000 crore in the first nine months of FY26, nearly doubling its revenue from FY25, signaling a rapid ascent.

Reliance Consumer Products (RCPL) is on a rapid ascent, projected to achieve ₹20,000 crore in gross revenue by the end of FY26. This ambitious target would see Reliance's FMCG venture outstrip established industry giants such as Marico, Dabur India, Godrej Consumer Products, and Emami. The business, now operating as a direct subsidiary of Reliance Industries (RIL) following its demerger effective December 1, has already posted a formidable ₹15,000 crore in revenue during the first nine months of FY26. This represents a near doubling from the ₹8,000 crore recorded in the corresponding period of FY25.

Aggressive Growth Strategy

RCPL's surge is driven by a strategic focus on expanding its footprint across key consumer categories, including beauty, personal care, food, and edible oils. The company is actively acquiring global brands to bolster its portfolio. Executives highlighted during a recent analysts call that brands like Brylcreem and Toni & Guy in hair care, alongside Badedas and Matey in personal care, whose global rights RCPL has acquired, will see significant expansion both domestically and internationally.

Portfolio Diversification and Expansion

In the food segment, RCPL aims to broaden the reach of Udhaiyam's ready-to-cook and staple products beyond Southern India, emulating strategies seen with competitor Orkla India's MTR brand. The company has also relaunched the SIL food brand, known for sauces and jams, introducing instant noodles to its offerings. Acquired a year ago, SIL's manufacturing facilities in Pune and Bengaluru will support national distribution. Edible oils are also gaining traction, particularly in Maharashtra. Further diversification includes biscuits under a partnership with Sri Lanka's Maliban Group, and chocolates and confectionery brands such as Lotus, Toffeeman, and Ravalgaon.

Capacity and Infrastructure Boost

To support this rapid expansion, RCPL plans to significantly enhance its production capabilities. The company will double its existing beverage capacity for the upcoming summer season, installing multiple high-speed bottling lines across 12 states. Additionally, land has been allocated for food parks, with the first plant slated to become operational in March. This robust investment in infrastructure underscores RIL's commitment to establishing a dominant presence in the Indian FMCG market.

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