DS Group Reaches Remarkable Revenue Figure of INR 10,000 Crore, Food and Beverage Sector Leads the Way
Dharampal Satyapal Group Aims to Reach Rs. 20,000 Crore Revenue Mark in the Next 4-5 Years, Fueled by Growth in Food & Beverage Sector
The Dharampal Satyapal Group (DS Group), a leading FMCG conglomerate, has reported a significant milestone with revenue exceeding Rs. 10,000 crore in FY 2024-25, securing its place among India's top 15 FMCG companies. The impressive growth is primarily due to the thriving Food & Beverage (F&B) segment, which accounts for 42% of the group's total revenue.
The F&B segment's success has been bolstered by a consistent CAGR of 19% over the last three years, while the company maintains a CAGR of 16% across all segments. The Mouth Freshener segment comes in second, contributing 38%, followed by the Hospitality sector at 3%, and various other businesses accounting for the remaining percentage, with tobacco accounting for less than 10%.
DS Group's unwavering commitment to consumer delight and innovation forms the cornerstone of its market leadership. This commitment is grounded in deep expertise in flavors and fragrances, a keen understanding of emerging consumer preferences, and a robust distribution network. The group's expansive reach encompasses over 150 super stockists, more than 5,000 distributors, and outreach to over 15 lakh retail shops directly and over 35 lakh shops indirectly, pan India.
In response to the evolving consumer buying behavior, the group has meticulously studied and capitalized on the latest trends in modern trade, e-commerce, and quick commerce. This shifting focus on technology has enabled the organization to stay relevant within the industry while concurrently driving value for consumers.
Mr. Rajiv Kumar, Vice Chairman of DS Group, noted that surpassing the Rs. 10,000 crore revenue milestone is not merely a financial achievement but a testament to its role as a significant contributor to India's growing economy. He also highlighted the group's focus on innovation, quality, and sustainability as the key drivers of this growth.
Looking ahead, DS Group plans to achieve the Rs. 20,000 crore revenue milestone by their centenary year. The group's commitment to innovation, coupled with an expanded distribution network, aims to make their products accessible to every corner of the nation and international markets, thereby strengthening India's FMCG sector's overall reach and impact.
In line with their dedication to sustainable growth, the group is actively pursuing green initiatives, such as carbon and water neutrality goals, green manufacturing practices, and strengthening their Environmental, Social, and Governance (ESG) framework. Their goal is to reinforce their commitment to responsible and ethical business practices.
DS Group's success in the Indian food and beverage industry is a result of a consistent commitment to innovation. The group's portfolio includes pioneering brands such as Catch, Pulse, Pass Pass, Silver Pearls, Ksheer, Rajnigandha, and Ovino. In the confectionery sector, DS Group has become the second-largest player in the Indian non-chocolate confectionery market, gaining ground with innovative product launches such as Pass Pass, the first organized Indian ethnic confectionery brand, and the market-leading hard-boiled candy segment's premium player, Pulse.
DS Group's presence extends to the dairy segment through Ksheer brand offerings and Ovino, a premium D2C brand specializing in high-quality, single-origin milk. In the premium Mouth Freshener category, Rajnigandha ranks as an undisputed leader, while the group's overall strategy emphasizes a deep understanding of Indian consumer preferences, leveraging cultural marketing, and utilizing their knowledge in flavors and fragrances to create market-leading brands.
Despite their success, the DS Group seeks to be more than just a market leader; they aspire to be a great workplace, committed to sustainability, water neutrality, and environmental consciousness. By integrating sustainability into their core operations and building a robust ESG framework, the DS Group continues to pave the way for responsible and ethical business practices in India's thriving FMCG sector.
About DS Group
The Dharampal Satyapal Group (DS Group) is a prominent FMCG conglomerate with a strong Indian and international presence. Established in 1929, the Group boasts a rich history, exceptional legacy, and visionary growth. With an extensive and diverse portfolio across Food & Beverage, Confectionery, Mouth Freshener, Hospitality, Agri, Luxury Retail businesses, and other investments, the DS Group continues to set the stage for innovation and market leadership in India.
- The Dharampal Satyapal Group, a leading player in India's top 15 FMCG companies, aims to reach a revenue mark of Rs. 20,000 crore in the next 4-5 years, driven by growth in the Food & Beverage sector.
- The Group's success in the Food & Beverage segment has been fueled by a consistent growth of 19% over the last three years, with the Mouth Freshener segment coming in second, contributing 38%.
- DS Group's growth strategy focuses on innovation, grounded in deep expertise in flavors and fragrances, understanding of emerging consumer preferences, and a robust distribution network.
- The Group is expanding its reach by shifting focus on technology, staying relevant within the industry while driving value for consumers, through modern trade, e-commerce, and quick commerce.
- DS Group's future plans include growing their portfolio internationally, making their products accessible to every corner, and reinforcing their commitment to sustainable practices like carbon and water neutrality, green initiatives, and a strong ESG framework.
- The DS Group seeks to be more than just a market leader; they aspire to be a great workplace, committed to sustainability, water neutrality, and environmental consciousness, thus paving the way for responsible and ethical business practices in India's FMCG sector.
