Ab dekho, Mother Sparsh FY25 mein ₹150 crore ka revenue cross kar chuka hai, aur FY26 mein 40-50% growth chahiye, matlab lagbhag ₹200-225 crore ka business! Is growth ka sabse bada reason hai ITC Limited. Pehle jo stake 26.5% tha, ab 49.3% ho gaya hai. ITC plan kar raha hai ki agle 2-3 saal mein isko fully acquire kar lega. Matlab, Mother Sparsh ko ab financial support aur ITC ke R&D ka bhi fayda milega.
Ye brand baby care mein premium niche pakad ke baitha hai. Ye log fancy ya startup nahi, balki "hardcore FMCG" hain jo fundamentals par believe karte hain. Apne baby wipes, jo cotton aur water jaise hain, 2X thicker aur 100% natural fabric se bane hain, ye normal brands se 3 guna zyada mehnge hain. Inhone 2.5 million se zyada samples bhi distribute kiye hain logon ko educate karne ke liye.
India ka baby care market bhi kamal ka hai, 2025 mein USD 4.82 billion tha aur 2034 tak USD 10.62 billion ho jayega, matlab 9.17% ke CAGR se badhega. Yahaan Johnson & Johnson, Himalaya jaise bade players hain, aur Mamaearth jaise naye brands bhi. Par Mother Sparsh natural aur safe products par focus kar raha hai.
Financials ki baat karein toh, Mother Sparsh profit mein chal raha hai aur uska revenue 30-35% grow kar raha hai. Unka premium wipes business lagbhag ₹100 crore tak pahunch gaya hai, aur ab wo baby skincare par zyada dhyan de rahe hain. Future mein 35% revenue offline channels se aane ka target hai, jo abhi 15-20% hai.
ITC ki baat karein toh, unka market cap lagbhag ₹399,172 crore hai aur P/E ratio 11.40 hai. Unka Q3 FY26 ka net revenue ₹18,017.14 crore tha. Haan, cigarette tax increase ka thoda pressure hai, but ITC ke digital brands, jisme Mother Sparsh bhi hai, woh 60% YoY grow kar rahe hain. Overall, Mother Sparsh ke liye aage kaafi opportunities hain.