research on india_consumer goods sector in india monthly update_july 2012

Consumer Goods Sector in India

Monthly Update

July 2012

Top Story

Groupe Auchan SA forays into Indian retail sector French retail giant Groupe Auchan SA has nearly completed the formalities to form a joint venture with retail tycoon Micky Jagtiani’s Landmark Group. The former plans to open 85 stores in India over the next six years. Auchan will have the choice of having a 50% stake n the JV depending on Indian government's decision to allow FDI in multi‐brand iretailing. The Auchan group will be the first international retail giant to enter India after global rivals Wal‐Mart, Tesco and Carrefour stepped into the growing Indian organized retail market through JVs a few years ago. The deal was pushed forward after the Landmark

t ways wGroup’s decision to par ith Dutch retail chain Spar by this year end. This will surely boost the currently sagging investor confidence and economic growth scenario in India. Retail giants may still look towards India to invest in spite of the FDI in Multi brand retail logjam. Maybe JV’s is the only way forward for growth in the retail sector. News Update

General ‘The Body Shop’ unveils its new promotional strategy British cosmetics and toiletries retailer The Body Shop has launched an innovative store format ‘Pulse’, at the Ambience Mall in Gurgaon. The store will showcase ethically sourced and manufactured products. This move was made to woo younger consumers as customers are demanding fair trade products. The Body Shop also plans to extend its tore count to 100 by the year end. Presently it has more than 80 stores spread over 30 scities in India. The company has also unveiled its global campaign named ‘Beauty with Heart’, the initiative to create a holistic core identity of being something more than just a beauty brand through its social campaigns and activist movements.. Archies undergoes a logo change Greeting cards and gifting giant, Archies Ltd. has revealed its new logo to make the brand more attractive amongst the target group of consumers ranging from early teens to mid 40s. The logo change will also involve a change in its store decor and retail experience. However, there will be no change involved in the brand's tagline of 'the most special way to say you care'.

Consumer Goods – Monthly Update

he new logo has both the colour red and the heart, which the company says will help hem acquaint better with consumers. Tt PE infused into Lifestyle International Promoters Mukesh and Renuka Jagtiani of the Jagtiani family which owns the Dubai ased Landmark Group has decided to infuse fresh capital into Lifestyle International. bThe equity will be to the tune of INR 900 mn. Lifestyle International plans to add 29 big‐box outlets in the next three years. In the last couple of years, promoters and a few directors had infused equity worth INR 50 mn to help open more stores. The department store has also incrementally increased ts borrowing limit by INR 450 mn. 8i Sehwag steps into Fila’s shoes Fila, the Italian footwear, apparels and accessories brand appointed Indian ace cricketer Virender Sehwag as their first ever brand ambassador in India. On the occasion of Fila completing their 100 years globally, the brand is now trying to grow in Indian subcontinent. This contract will last for three years. Sehwag will be seen wearing Fila’s prints. Sehwag will be a part of Fila’s marketing communication strategy across print scampaigns, radio ads, television commercials, in store branding online. The company also disclosed expansion plans in India. Fila India will be opening another 5 to 30 franchised stores and 700 more multi brand stores all across India. At present ila is present in around 1800 locations in the country and has 35 exclusive stores. 2F Planet Retail to launch UK’s Monsoon in India Planet Retail, owned by NRI V P Sharma and Samsonite’s Ramesh Tainwala has recently signed a franchisee agreement with UK fashion group Monsoon Accessorize. The 39 year ld, UK based bohemian, women’s casual wear brand Monsoon will soon be launched by oPlanet Retail in India. Monsoon operates in 1,300 stores across 62 countries. The brand sees only Esprit and ara as close competition, in terms of dresses and tops for women along with Indian rands like Mango and Vero Moda. Zb Big Bazaar to spread customized services Next time someone wants to buy vegetables and get it cut and diced or even cooked, at no additional cost all under the same roof, Big Bazaar is the place to shop. Big Bazaar aunched this concept, Seva, in March in a new store in Bangalore’s Rajajinagar that it alls a family centre. Seva is now ready to be rolled out nationally. lc


Pantaloon runs 162 Big Bazaar stores of which 15 are so‐called family centres. It is also in alks to outsource the running of a centralized kitchen as it hopes to offer freshly repared curries, vegetables and dessert in future at these ‘Seva’ outlets. tp Reliance Retail, Tihar jail join hands to sell TJ’s brand Reliance Retail has entered into an unique partnership with Tihar Jail, Delhi to sell bakery and confectionery products manufactured by in‐house prisoners. As of now, the products would be available at 26 Reliance Fresh stores in Delhi. Their range of products also nclude handloom and textile, apparel, furniture, mustard oil, stationery paper products iand even phenyl for household use among others. TJ’s started in 1995 as a modest initiative to reform jail inmates with inmates making a ange of products such as bakery items, spices, stationery, furniture, blankets, garments nd detergent resulting in the evolution of the brand TJ’s. ra H&R Johnson rebrands its bathfittings and sanitaryware segment H&R Johnson (India), the leading ceramic tile company, has rebranded its bath‐fittings & sanitaryware business as ‘Johnson Bathrooms’. This move of rebranding is part of the ompany's efforts to ramp‐up the Johnson Bathrooms business by investing in capacities cand market reach. The total investment is valued at INR 400 mn for increasing manufacturing capacities. Johnson Bathroom's overall capacity to manufacture bathroom products and accessories has crossed 1.5 mn pieces per annum with the setting up of its second unit in Jammu. &R Johnson has also doubled its manufacturing capacity at its Baddi unit in Himachal radesh. HP Reliance Brands in franchise pact with fashion retailer SuperGroup SuperGroup and Reliance Brands have joined hands to bring British fashion brand, Superdry to India. The brand range includes T‐shirts, jeans, sweaters, joggers, shirts, rugby shirts, polo shirts, bags, and accessories. The brand claims to be worn by celebrities rom David Beckham and Ben Stiller to Ewan McGregor, Jamie Oliver, Shakira, Mariah arey, Pixie Lott, and Helena Christensen. fC News Update

Expansion Plans


Colgate Palmolive announces expansion plans in India Oral care products manufacturing giant Colgate and Palmolive has recently revealed plans of expansion in the Indian market. This comes after the delay by Procter and Gamble to enter into the Indian toothpaste market yet again. Colgate and Palmolive will

bIe investing around INR 1.14 bn to fund the opening of its fifth production facility in ndia. Colgate has a market share of around 54% in the oral care category in India. Bharti Walmart to fuel expansion Wholesale retailer Bharti Walmart plans to invest INR 1.04 bn this year in expanding its outlets across the country. Bharti Walmart the JV between US retail chain Walmart and New Delhi‐based Bharti Enterprises currently have about 17 stores across the country. hey have doubled their store count to ten outlets in 2011 and added two stores in the Tlast six months. Investments in logistics and improving its back‐end supply chain system are also underway. Meanwhile Bharti Walmart has also raised about INR 5 bn in short‐term loans from banks including Citibank, BNP Paribas, HSBC. Gitanjali gems marks its presence in Dubai Gitanjali Group, a INR 1.4 bn global conglomerate, opened its first multi‐brand store in Meena Bazaar, Dubai. It will offer an elaborate range of jewellery keeping in with the preferences of international clientele in Dubai. The 2,000 sq feet store is attuned perfectly to attract Asians with an impressive display of renowned jewellery brands such as Asmi, Nakshatra, Nizam, Gili, Adler & Roth. The store showcases an exquisite and glamorous range of diamond jewellery as well as 22k gold jewellery adorned with precious and emi‐precious stones and lustrous polki uncut diamonds, thus offering a piece for every soccasion. Gitanjali Gems Ltd., is the flagship company of the Gitanjali Group. Today the group owns nd distributes four out of the top five jewellery brands in India including Gili, Nakshatra, smi and D'Damas and boasts of over 4000 points of sale. aA Godrej enters air freshener segment again FMCG major Godrej Consumer Products has recently launched a range of car and home air fresheners under the brand 'aer'. It will be accompanied with an elaborate communication campaign, which will include commercial, digital media promotion and n‐ground consumer initiatives. The aerosol can has been priced at INR 110, while the odiffuser and dashboard perfumes for cars are priced at INR 225 and INR 299 respectively. This is Godrej Consumer's re‐entry into the segment, which it had exited two years back. Godrej was selling air freshener brand Ambi Pur through a JV with US‐based Sara Lee which it later sold to Procter and Gamble.


Barbie reveals expansion plans in India Barbie, the cult kidswear brand, is planning to extend its footprint of exclusive brand outlets (EBOs) in India to 70‐80, over the next couple of years. The brand plans to capitalize on the growing demand from tier II and III cities in India. At present, Barbie’s product range include T‐shirts, vests, spagetti's, woven blouses, shirts and tunics in top

wear; skirts, shorts, skorts, jeans, trousers and capris and leggings in bottom wear; and sweaters, padded jackets , pullovers and hoodies in winter wear; in addition to jackets, hrugs, gilletes and pullovers. It also offers couture and casual dresses, pinnys and umpsuits. Barbie currently caters to baby girls in the age range of 2‐12 years. sj Amway India to set up new manufacturing facility FMCG major Amway India has formally announced the setting up of its new manufacturing facility. The total investment needed for this project is INR 4 bn. The plant will initially produce nutrition and beauty brands and later expand to other products. The pecifics on the location of the plant were withheld but it was announced that the plant swill be operational within 2‐3 years. Currently, almost 97 % of the products sold in India by Amway are manufactured within the country by seven different third‐party contract manufacturers. The company also announced a new brand logo for "Amway Home", representing the home care segment. RAK Ceramics forays into India RAK Ceramics, the world’s largest ceramic tiles and bathware manufacturing company have announced their entry into the ceramic tiles segment in India. The RAK Ceramics’ collections of tiles are available under the brand name called Venezia. This new division ill have two variants of ceramic tiles in normal print and digital print consisting of an w

exclusive range of vibrant colors and contemporary designs for home interiors. he launch will be initially through 200 dealers across India. Wall tiles will be priced at NR 52/ sq. feet onwards while floor tiles will be priced at INR 63/ sq. feet onwards. TI Multibrand watch retailer Helios increases footprint in Delhi India’s finest multi‐brand watch retailer, Helios, owned by Titan Industries, has opened its 6th store in Lajpat Nagar, New Delhi. The store offers an unmatched range of the latest designs across several luxury international brands like Tag Heuer, Movado, Emporio rmani, Guess, Seiko,Tommy Hilfiger, FCUK, Citizen, Fossil, Diesel, DKNY, Kenneth Cole

l NAand Titan’s own brands like Xy ys, ebula, Octane and Raga. The latest store is Helios’ is 26th store in India, spanning across cities like Mumbai, handigarh, Hyderabad, Bangalore, Chennai, Guwahati, Pune and Ahmedabad and is pread across 1600 sq. feet. Cs Turtle expands into Italian territory East India‐based menswear and accessories retailer Turtle has opened a pilot store in osenza, Italy. The total investment for this expansion is said to be around INR 0.8‐1 mn. hese investments will be done through internal accruals. CT


The success of this tore might prompt the company for further expansion in other Italian cities. Currently, the company is aiming to expand in Middle East, Bangladesh, Sri Lanka and the U.K. Me n Moms debuts in Andhra Pradesh Kidswear and accessories retail chain Me n Moms has opened its first franchise store in the country in Andhra Pradesh. The store is spread across 1,000 sq. ft., the outlet stocks products like footwear, furniture, toys, baby playtime and bath time accessories under seven categories along with maternity pre‐natal and post‐natal care products. The store as claimed to offer tailor‐made products for expecting and new mothers. It currently has 2 exclusive stores and has 11 distribution offices across India. h1 Industry Expert Speak Godrej enters air freshener segment again – Sunil Kataria, EVP, Marketing and Sales, Godrej Consumer Products "Air care is an exciting category which has been witnessing growth in excess of 20% per annum. The growth in the air care category has been driven by an increasing consciousness amongst consumers to enhance their lifestyle and personal image. aer is an outcome of intense market research, consumer insights and design led innovation. We are confident that consumers will lap up the aer experience." Amway India to set up new manufacturing facility – Mr William S Pinckney, MD and CEO, Amway India "At present we are seventh largest affiliate in the world. By 2020 we will be top three markets in the world for Amway." Transactions (May – Jul 2012)

Date Buyer Target Deal Size (INR mn) % stake Deal Status

Type of Transaction

23rd Jul 2012 Sashi Chimala LuxeYard Inc. 55.1853 N.A. Planned Venture Capital

1st Jul 2012 Arvind

Next and Debenhams N.A. N.A. Planned M&A


2 8th Jun2012 N.A. Infiniti Retail 1500 11.45% Expected Private Equity

1 st Jun2012 Vanguard

Godrej Consumer

Products Ltd. 1277 1% Completed Private Equity

28th May 2012

Small Industries Development Ba ia nk of Ind

Timbor Home Ltd 60 N.A. Completed Private Equity

3 rd May2012

Bennett Coleman & Co

Ltd

Pantaloon Retail (India) 2000 7.7% Completed Private Equity

Annual Financial Results – Revenue (INR mn)

Company FY ‘09 FY ‘10 FY ‘11 FY ‘12

Adidas AG* 690,479.7 717,149.1 919,908.2 942,818.8

Akzo Nobel India Ltd. 9,001.0 9,471.0 10,876.0 19,685.0

Archies Ltd. 1,386.184 1,560.809 1,877.978 2,011.312

Asian Granito India Ltd. 3,329.3 4,075.5 5,041.4 6,221.9

Asian Paints Ltd. 54,664.5 66,832.9 77,251.2 96,352.7

Avon Products Inc.* 473,623.3 484,535.2 599,188.8 572,009.1

Bajaj Electricals Ltd. 17,686.4 22,286.3 27,413.5 30,989.6

Bata India Ltd. 10,923.9 12,757.7 15,486.0 N.A.

Beiersdorf AG* 382,321.3 333,214.2 388,327.6 390,833.8

Bell Ceramics Limited* 1,888.087 1,533.019 1,420.241 1,727.466

Berger Paints India Ltd. 16,403.1 19,060.7 23,407.0 29,477.0


Bloom Dekor Ltd. 340.157 414.117 431.835 N.A

Cera Sanitaryware ltd 1,595.5 1,914.1 2,430.1 N.A.

Classic Diamonds India Ltd. 6,772.2 6,517.2 5,023.2 2,255.5

Colgate Palmolive (India) Ltd. 17,512.4 20,209.2 22,861.2 26,932.3

Crompton Greaves Ltd. 87,372.6 91,408.7 100,051.1 112,485.8

Dabur India Ltd. 28,122.4 33,958.0 41,045.1 53,054.2

Emami Ltd. 7,489.3 10,217.1 12,470.7 14,535.1

Estee Lauder Companies Inc.* 352,824.1 361,998.0 393,807.0 484,720.7

Euro Ceramics Ltd. 2,629.5 2,360.4 4,169.3 N.A.

Eveready Industries India Ltd. 8,573.3 11,041.6 10,738.7 11,000.6

FIEM Industries Ltd. 2,198.9 2,965.3 4,276.0 N.A.

Finolex Cables Ltd. 13,415.1 16,187.2 20,357.5 20,384.7

Flawless Diamond (India) Ltd. 6,152.7 6,104.9 3,314.4 N.A.

Gitanjali Gems Ltd. 50,906.9 65,277.8 94,593.7 124,982.8

Godrej Consumer Products Ltd. 13,969.1 20,436.9 36,936.0 48,661.6

Golkunda Diamonds & Jewellery Ltd. 559.746 816.398 1,020.714 N.A

Halonix Ltd. 3,840.6 4,369.4 4,187.9 4,538.5

Hanung Toys and Textiles Ltd 6,520.6 8,519.3 11,390.6 N.A.

Havells India Ltd. 54,774.9 51,625.7 56,126.3 65,182.0

Henkel India Ltd 5,922.8 5,339.0 4,267.1 N.A

Hindustan Sanitaryware & Industries Ltd. 6,167.6 8,083.1 10,820.8 14,455.7


Hindustan Unilever Ltd. 166,639.8 180,319.3 200,225.5 234,363.3

IFB Industries Ltd. 4,431.7 5,339.5 6,641.7 7,831.7

Ion Exchange (India) Ltd. 4,932.3 5,227.6 6,068.3 N.A.

ITC Ltd. 165,561.4 191,358.7 225,747.0 265,517.9

Jenson & Nicholson Ltd. 374.744 365.32 444.543 528.984

Johnson & Johnson 2,885,328.7 2,747,088.2 3,450,816.9 3,525,577.5

Jyothy Laboratories 4,848.0 5,982.2 6,196.3 9,127.6

Kajaria Ceramics Ltd. 6,658.8 7,362.8 9,532.5 13,130.3

Kansai Nerolac Paints Ltd. 13,745.2 17,063.8 21,320.0 25,916.2

Karuturi Global Ltd. 4,485.5 5,401.1 6,436.7 5,541.8

L'Oreal SA 1,162,168.9 1,166,088.1 1,402,412.0 N.A.

Liberty Shoes Ltd. 2,604.4 2,690.0 3,108.7 N.A.

Mafatlal Industries* 1,357.7 1,367.5 6,311.1 N.A.

Marico Ltd. 23,884.2 26,607.6 31,349.9 40,082.8

MIC Electronics Ltd.* 2,962.49 2,807.661 2,338.327 1,126.027

Mirza International 3,610.3 3,788.9 4,728.5 5,534.7

MW Unitexx Limited 41.4 29.5 8,716.7 10,197.9

Murudeshwar Ceramics Limited 1,800.998 1,300.847 1,725.888 1,787.035

Nagarjuna Agri Tech Ltd. 22.047 19.159 16.882 18.006

Neha International Ltd.* 490.253 557.141 879.472 891.176

Nestle india Ltd.* 51,395.5 62,609.4 74,994.6 77,409.0


Nike Inc. 905,203.1 881,584.1 942,545.2 1,353,218.9

Nilkamal 9,513.3 10,950.0 13,180.6 15,165.2

Nirma Limited 46,383.9 46,806.4 48,047.0 N.A.

Nitco Limited 6,675.1 4,515.6 7,134.9 8,400.6

Ok Play India Ltd 370.995 482.404 382.372 415.86

Omega Ag Seeds (Punjab) Ltd.* N.A. N.A. N.A. 22.626

Orient Bell Limited 2,241.6 2,539.9 3,329.2 5,444.9

Pochiraju Industries Ltd. 357.635 433.354 554.395 724.32

Procter & Gamble Co.* 3,694,733.5 3,665,486.0 3,690,387.2 4,345,536.7

Rajesh Exports Ltd. 119,497.1 184,115.9 205,356.8 257,240.7

Raymond Ltd. 25,594.9 25,078.3 30,475.5 36,489.1

Reckitt Benckiser Group Plc 581,240.2 588,720.5 783,440.8 N.A.

Regency Ceramics Limited 1,603.225 1,686.118 1,946.612 1,657.926

Relaxo Footwears Ltd. 4,092.6 5,569.0 6,904.6 8,604.0

Restile Ceramics Ltd. 369.288 438.73 287.145 N.A.

Revlon Inc.* 60,142.7 58,941.0 73,304.0 77,029.5

S.Kumars Nationwide Ltd. 22,647.0 38,561.8 52,196.0 63,546.2

Shalimar Paints Ltd. 3,317.3 3,668.9 4,075.6 4,865.0

Shantivijay Jewels Ltd. 723.395 611.937 717.396 721.798

Shrenuj & Co. Ltd 14,625.7 18,961.3 24,565.2 31,506.3

Siemens Ltd.* 93,070.2 96,272.4 119,718.1 124,657.9


SIP Industries Ltd.* 10.32 11.801 9.426 6.271

Skechers USA Inc.* 66,742.0 89,720.1 85,624.3 79,987.9

Somany Ceramics Ltd. 4,462.5 5,423.1 7,162.4 8,761.3

Suashish Diamonds Ltd. 8,346.5 12,169.3 11,015.5 N.A.

Surya Roshni Ltd. 14,890.8 17,954.9 23,105.4 30,257.2

Tata Chemicals Ltd. 127,725.7 95,435.5 110,601.5 136,551.1

Timex Group 1,301.081 1,355.853 1,731.8 1,838.1

Titan Industries Ltd. 38,326.4 46,771.6 65,331.4 88,484.3

TTK Prestige Ltd. 4,012.7 5,079.4 7,592.0 10,969.8

Vaibhav Gems Ltd. 6,003.5 3,432.1 5,372.1 6,465.0

Vintage Cards & Creations 20.748 9.227 1.685 0.055

VIP Industries Ltd. 5,651.7 6,449.6 7,589.9 8,542.0

Whirlpool of India Ltd. 17,191.6 22,148.8 27,028.0 26,579.4

White Diamond Industries Ltd. 118.011 74.133 158.61 89.101

Winsome Diamonds and Jewellery Limited

26,421.7 34,051.3 48,458.0 N.A.

Wipro Ltd. 255,837.0 271,115.0 309,535.0 370,766.0

Annual Financial Results – Income (INR mn)

Company FY ‘09 FY ‘10 FY ‘11 FY ‘12

Adidas AG* 16,295.9 33,913.6 46,257.4 50,957.7



Archies Ltd. (10.867) 88.021 108.274 95.015

Asian Granito India Ltd. 250.1 190.4 200.9 182.5

Asian Paints Ltd. 3,978.4 8,356.4 8,432.4 9,887.3

Avon Products Inc.* 29,043.4 27,044.0 27,254.2 20,181.9

Bajaj Electricals Ltd. 891.3 1,171.0 1,437.9 1,178.8

Bata India Ltd. 625.8 883.7 2,588.6 N.A.

Beiersdorf AG* 24,876.2 19,020.3 17,234.5 16,963.3

Bell Ceramics Limited* 3.33 (63.733) (103.058) 13.264

Berger Paints India Ltd. 828.4 1,203.9 1,501.0 1,801.0

Bloom Dekor Ltd. 3.094 10.151 (5.635) N.A.

Cera Sanitaryware ltd 131.1 196.1 265.4

Classic Diamonds India Ltd. 35.7 174.2 60.0 (303.9)



Dabur India Ltd. 3,905.0 5,010.8 5,685.7 6,448.9

Emami Ltd. 918.6 1,697.3 2,287.2 2,588.4

Estee Lauder Companies Inc.* 10,521.4 22,209.9 31,325.8 43,102.1

Euro Ceramics Ltd. (301.6) (414.7) 285.7 N.A.

Eveready Industries India Ltd. 194.0 1,272.3 (139.5) (880.6)

FIEM Industries Ltd. 46.1 105.7 110.6 N.A.


Finolex Cables Ltd. (354.9) 576.3 867.8 981.9

Flawless Diamond (India) Ltd. 133.3 147.0 (19.5) N.A.



Golkunda Diamonds & Jewellery Ltd.

15.801 5.118 10.203 N.A.

Halonix Ltd. 16.3 (199.8) (101.1) 57.0

Hanung Toys and Textiles Ltd 644.5 897.8 1,195.7 N.A.

Havells India Ltd. (1,601.6) 695.6 3,035.7 3,699.2

Henkel India Ltd (576.0) (518.4) (70.9) N.A.

Hindustan Sanitaryware & Industries Ltd. 317.3 436.5 781.5 935.5

Hindustan Unilever Ltd. 20,036.1 21,566.3 22,960.5 27,906.6

IFB Industries Ltd. 3,150.8 537.6 503.1 305.4

Ion Exchange (India) Ltd. 16.5 41.3 83.7 N.A.

ITC Ltd. 33,245.9 41,681.8 50,179.3 62,581.4

Jenson & Nicholson Ltd. (76.135) (38.731) (40.143) 6.932

Johnson & Johnson 571,779.6 594,763.1 513,244.7 474,866.6

Jyothy Laboratories 511.5 743.4 687.6 445.8

Kajaria Ceramics Ltd. 89.0 358.5 606.2 808.8

Kansai Nerolac Paints Ltd. 985.9 1,655.0 2,059.9 2,158.9


L'Oreal SA 119,206.0 133,961.5 168,098.3 N.A.


Liberty Shoes Ltd. (52.7) 43.4 61.8 N.A.

Mafatlal Industries* 3,375.9 453.5 3,455.6 N.A.

Marico Ltd. 1,887.2 2,316.7 2,864.4 3,171.1

MIC Electronics Ltd.* 658.916 553.791 263.562 (591.838)

Mirza International 53.6 187.8 391.8 353.1

MW Unitexx Limited 0.5 (8.1) 125.5 191.8

Murudeshwar Ceramics Limited 1.808 (153.077) 52.956 31.664

Nagarjuna Agri Tech Ltd. (2.738) (4.966) (16.464) (1.791)

Neha International Ltd.* 40.454 122.959 178.126 121.238

Nestle india Ltd.* 6,550.0 8,186.6 9,615.5 9,815.7

Nike Inc. 70,193.8 88,418.1 96,368.9 124,677.0

Nilkamal 107.0 515.0 534.1 611.1

Nirma Limited 1,330.0 2,493.3 949.2 N.A.

Nitco Limited 251.1 (88.0) 247.8 (554.5)

Ok Play India Ltd (103.562) 47.081 (30.782) (73.637)

Omega Ag Seeds (Punjab) Ltd.* 0.045 0.237 (0.269) 1.261

Orient Bell Limited 63.7 114.6 63.4 134.5


Procter & Gamble Co.* 647,279.3 591,396.2 527,325.9 490,421.5

Rajesh Exports Ltd. 873.8 1,934.0 2,479.9 4,071.5

Raymond Ltd. (2,278.8) (459.5) 536.9 1,557.8



Regency Ceramics Limited (148.311) (133.782) (154.392) (218.698)

Relaxo Footwears Ltd. 142.3 377.6 267.9 399.1

Restile Ceramics Ltd. (98.03) (49.828) (167.182) N.A.

Revlon Inc.* 2,264.8 14,599.2 2,833.7 3,120.6


Shalimar Paints Ltd. 35.6 100.0 116.7 144.6


Shrenuj & Co. Ltd 237.2 507.7 568.5 703.4

Siemens Ltd.* 7,046.0 7,577.7 8,677.5 7,300.6

SIP Industries Ltd.* (0.051) (0.47) (13.917) (16.995)

Skechers USA Inc.* 2,538.6 6,072.9 (3,581.0) (3,049.6)

Somany Ceramics Ltd. 87.6 203.9 238.6 251.1

Suashish Diamonds Ltd. (465.0) 826.9 680.1 N.A.

Surya Roshni Ltd. 215.4 451.7 674.7 523.1


Timex Group 74.541 46.233 140.1 45.3

Titan Industries Ltd. 1,639.2 2,513.0 4,331.2 6,013.6

TTK Prestige Ltd. 223.8 524.4 837.5 1,133.6

Vaibhav Gems Ltd. (2,403.5) (680.1) 431.0 685.1

Vintage Cards & Creations (29.991) (16.133) (0.429) (62.485)


VIP Industries Ltd. (143.0) 483.9 887.2 672.0

Whirlpool of India Ltd. 705.2 1,450.2 1,660.3 1,237.3

White Diamond Industries Ltd. 38.441 (2.539) 1.784 3.351

Winsome Diamonds and Jewellery Limited 391.8 851.7 1,305.4 N.A.

Wipro Ltd. 38,761.0 45,931.0 52,977.0 55,730.0

*change in financial year Quarterly Financial Results – Revenue (INR mn)

Company AprJun 2011

JulSep 2011

OctDec 2011

Jan Mar 2012

Adidas AG 198,854.2 247,074.3 224,944.6 259,470.2


Archies Ltd. 415.137 486.18 567.556 543.55

Asian Granito India Ltd. 1,329.1 1,441.7 3,225.1 1,859.7

Asian Paints Ltd. 22,603.7 22,507.8 25,605.3 25,635.9

Avon Products Inc. 127,681.1 135,564.8 161,513.9 131,087.9

Bajaj Electricals Ltd. 5,440.7 6,986.2 7,936.4 10,626.3

Beiersdorf AG 97,025.8 90,673.1 93,617.8 104,018.8

Berger Paints India Ltd. 6,931.2 7,198.7 7,813.7 N.A.

Bloom Dekor Ltd. 103.695 157.5 129.908 N.A.

Cera Sanitaryware ltd 646.4 732.9 824.8 1,002.2

Classic Diamonds India Ltd. 1,243.8 827.8 1,361.8 34.3




Dabur India Ltd. 12,045.8 12,623.3 14,526.8 13,858.3

Emami Ltd. 2,999.1 3,104.3 4,572.6 3,859.1

Estee Lauder Companies Inc. 92,108.8 121,544.1 145,265.4 114,433.4

Euro Ceramics Ltd. 572.0 376.9 N.A. N.A.

Eveready Industries India Ltd. 2,458.1 N.A. 2,555.0 N.A.

FIEM Industries Ltd. N.A. N.A. 1,373.3 N.A.

Finolex Cables Ltd. 4,510.6 4,933.4 4,929.0 5,967.3




383.905 229.454 236.244 N.A.

Halonix Ltd. 1,092.4 N.A. 1,215.6 N.A.

Hanung Toys and Textiles Ltd 2,835.4 N.A. 3,457.8 N.A.

Havells India Ltd. 14,959.0 15,850.0 16,596.0 17,777.0

Henkel India Ltd 1,231.1 1,074.6 769.3 N.A.

Hindustan Sanitaryware & Industries Ltd.

N.A. 2,990.5 3,423.1 N.A.

Hindustan Unilever Ltd. N.A. 56,104.8 N.A. N.A.

IFB Industries Ltd. 1,542.4 1,984.0 2,301.0 2,004.3

ITC Ltd. 58,601.8 N.A. 62,478.4 N.A.

Jenson & Nicholson Ltd. 128.97 125.65 137.114 137.25


Jyothy Laboratories 1,229.9 N.A. 1,665.8 N.A.

Kajaria Ceramics Ltd. 2,713.1 3,172.8 3,503.2 3,741.2

Kansai Nerolac Paints Ltd. 6,516.6 6,156.4 6,655.2 6,588.0


L'Oreal SA 344,753.2 346,244.4 346,244.4 N.A.

Liberty Shoes Ltd. 721.2 N.A. 841.4 N.A

Mafatlal Industries N.A. N.A. 546.7 N.A

Marico Ltd. 10,486.2 9,744.5 10,578.2 9,273.9

MIC Electronics Ltd. 167.327 403.4 210.5 251.4

Mirza International 1,220.2 1,554.1 1,473.6 1,283.6

MW Unitexx Limited 12.8 N.A. N.A. 2,476.1

Murudeshwar Ceramics Limited 504.55 487.179 444.348 383.89

Nagarjuna Agri Tech Ltd. 2.907 3.523 N.A 7.151

Neha International Ltd. 321.794 129.755 252.98 186.647

Nestle india Ltd. 17,630.5 19,631.0 19,633.2 20,558.7

Nike Inc. 319,811.2 337,282.7 317,869.9 324,248.4

Nilkamal N.A 3,522.1 3,456.2 N.A.

Nirma Limited N.A. N.A. 10,018.3 N.A.

Nitco Limited 1,854.9 N.A. N.A. N.A.

Ok Play India Ltd N.A. 93.974 87.451 137.32

Omega Ag Seeds (Punjab) Ltd. N.A. N.A. 4.098 18.528


Orient Bell Limited N.A. N.A. 904.2 N.A.


Procter & Gamble Co 1,156,999.9 1,215,626.4 N.A. 1,120,060.2

Rajesh Exports Ltd. 47,235.5 57,670.3 65,182.3 87,112.3

Raymond Ltd. N.A. 9,779.2 9,520.8 9,559.9


Regency Ceramics Limited 484.786 495.73 495.23 182.183

Relaxo Footwears Ltd. 2,147.3 1,992.6 2,041.5 2,416.9

Restile Ceramics Ltd. 63.754 59.813 48.419 N.A.

Revlon Inc 19,479.3 18,702.8 19,956.3 18,342.3


Shalimar Paints Ltd. N.A. 1,104.2 1,251.5 1,501.8


Shrenuj & Co. Ltd 6,761.1 7,672.4 8,945.2 8,127.5

Siemens Ltd. N.A. N.A. N.A. 37,601.4

SIP Industries Ltd. 1.79 1.017 1.304 2.16

Skechers USA Inc. 24,167.6 22,939.7 15,883.8 19,546.4

Somany Ceramics Ltd. N.A. N.A. 2,174.6 N.A.

Suashish Diamonds Ltd. 2,624.0 N.A. N.A. N.A.

Surya Roshni Ltd. 5,876.9 N.A. N.A. N.A.



Timex Group 431.005 496.808 N.A. 465.325

Titan Industries Ltd. N.A. 20,965.0 N.A. N.A.

TTK Prestige Ltd. 2,331.4 3,034.8 3,343.3 2,260.3

Vaibhav Gems Ltd. 1,331.4 1,249.1 2,035.0 1,849.4

Vintage Cards & Creations 1.33 N.A. 0.025 0.033

VIP Industries Ltd. 2,814.0 1,736.0 2,237.0 1,797.0

Whirlpool of India Ltd. 7,905.1 5,514.0 5,929.9 7,230.5



11,311.0 N.A. 14,642.8 N.A.

Wipro Ltd. 84,673.0 89,769.0 98,488.0 97,836.0

Quarterly Financial Results – Income (INR mn)

Company AprJun 2011

JulSep 2011

OctDec 2011

Jan Mar 2012

Adidas AG 9,086.0 19,995.6 1,309.8 19,609.5

Akzo Nobel India Ltd. 679.8 263.1 292.5 782.6

Archies Ltd. 12.001 15.77 36.26 30.984

Asian Granito India Ltd. 50.3 48.4 93.6 37.1

Asian Paints Ltd. 2,636.6 2,087.3 2,568.6 2,594.8

Avon Products Inc. 9,217.1 8,058.1 (21.2) 1,348.9

Bajaj Electricals Ltd. 110.6 249.9 328.4 489.9


Beiersdorf AG 8,501.9 5,015.4 (5,515.0) 8,345.9

Berger Paints India Ltd. 371.6 492.7 490.9 N.A.

Bloom Dekor Ltd. (2.842) 5.564 (1.59) N.A.

Cera Sanitaryware ltd 69.0 76.5 79.5 92.9

Classic Diamonds India Ltd. 1.0 (17.5) (214.7) (103.3)

Colgate Palmolive (India) Ltd. 1,004.4 996.8 1,155.8 1,307.7

Crompton Greaves Ltd. 794.7 1,166.6 771.4 1,003.2

Dabur India Ltd. 1,277.4 1,738.6 1,728.2 1,705.1

Emami Ltd. 415.0 506.4 944.9 722.0

Estee Lauder Companies Inc. 1,837.2 13,672.3 21,050.9 6,637.4

Euro Ceramics Ltd. (169.1) (277.3) N.A. N.A.

Eveready Industries India Ltd. 79.7 N.A. (48.4) N.A.

FIEM Industries Ltd. N.A. N.A. 50.5 N.A.

Finolex Cables Ltd. 202.1 197.3 137.0 445.6




5.002 3.628 3.081 N.A.

Halonix Ltd. 15.8 N.A. 27.9 N.A.

Hanung Toys and Textiles Ltd 276.0 N.A. 211.4 N.A.

Havells India Ltd. 797.0 808.0 886.0 1,208.2

Henkel India Ltd 251.8 (27.6) (111.8) N.A.


Hindustan Sanitaryware & Industries Ltd. N.A. 230.0 258.5 N.A.

Hindustan Unilever Ltd. N.A. 6,889.2 N.A. N.A.

IFB Industries Ltd. 91.4 63.1 107.6 43.3

ITC Ltd. 13,327.2 N.A. 17,009.8 N.A.

Jenson & Nicholson Ltd. (11.542) (15.871) (5.757) 40.102

Jyothy Laboratories 140.2 N.A. 290.8 N.A.

Kajaria Ceramics Ltd. 170.7 192.6 210.6 234.9

Kansai Nerolac Paints Ltd. 612.3 571.1 526.8 448.7

Karuturi Global Ltd. 103.5 177.9 425.1 811.5

L'Oreal SA 49,816.3 33,009.3 33,009.3 N.A.

Liberty Shoes Ltd. 11.8 N.A. 25.2 N.A.

Mafatlal Industries N.A. N.A. (530.5) N.A.

Marico Ltd. 850.0 783.0 841.2 697.0

MIC Electronics Ltd. (85.638) 24.6 0.4 (504.2)

Mirza International 68.7 112.7 130.9 40.9

MW Unitexx Limited 0.3 N.A. N.A. (17.8)

Murudeshwar Ceramics Limited 8.376 4.119 3.786 15.383

Nagarjuna Agri Tech Ltd. (1.865) (0.966) N.A. 1.394

Neha International Ltd. 41.098 30.763 30.316 19.061

Nestle india Ltd. 2,138.3 2,611.8 2,308.3 2,757.3

Nike Inc. 32,946.2 35,774.9 26,013.1 31,060.4


Nilkamal N.A. 154.2 135.7 N.A.

Nirma Limited N.A. N.A. 796.0 N.A.

Nitco Limited 63.9 N.A. N.A. N.A.

Ok Play India Ltd N.A. (41.43) (53.151) 35.809

Omega Ag Seeds (Punjab) Ltd. N.A. N.A. 0.173 0.786

Orient Bell Limited N.A. N.A. 16.1 N.A.


Procter & Gamble Co 139,217.1 167,726.2 N.A. 133,726.1

Rajesh Exports Ltd. 951.2 1,070.8 1,147.7 901.9

Raymond Ltd. N.A. 809.6 608.9 31.8


Regency Ceramics Limited (32.124) (37.47) (72.81) (76.295)

Relaxo Footwears Ltd. 107.9 43.0 60.2 187.9

Restile Ceramics Ltd. (36.899) (32.153) (23.447) N.A.

Revlon Inc 360.5 5.5 2,018.9 471.5

S.Kumars Nationwide Ltd. 879.4 853.6 1,822.4 1,305.2

Shalimar Paints Ltd. N.A. 23.6 37.9 60.0


Shrenuj & Co. Ltd 191.7 193.1 187.1 131.6

Siemens Ltd. N.A. N.A. N.A. 3,040.0

SIP Industries Ltd. (1.14) (13.504) (1.651) (0.7)


Skechers USA Inc. (1,659.3) 459.5 (3,198.2) (203.3)

Somany Ceramics Ltd. N.A. N.A. 47.3 N.A.

Suashish Diamonds Ltd. 137.1 N.A. N.A. N.A.

Surya Roshni Ltd. 97.7 N.A. N.A. N.A.


Timex Group 15.312 (6.161) N.A. 41.198

Titan Industries Ltd. N.A. 1,482.0 N.A. N.A.

TTK Prestige Ltd. 253.4 337.1 345.7 197.4

Vaibhav Gems Ltd. 0.5 145.0 309.8 430.8

Vintage Cards & Creations (32.293) (15.017) (12.636) (2.411)

VIP Industries Ltd. 384.0 109.0 102.0 78.0

Whirlpool of India Ltd. 510.5 143.6 211.7 371.5



258.1 N.A. 297.8 N.A.

Wipro Ltd. 13,349.0 13,009.0 14,564.0 14,809.0


Events Calendar

India International Jewellery Show (IIJS) 2012 Date: 23rd – 27th Aug, 2012

tion & Exhibition ai– 400 063

Venue: Bombay ConvenCentre Goregaon, MumbWebsite: www.iijs.org

Massm rize: The pe remier Retail & FMCG Conference Date: 7th Aug, 2012

ndheri Kurli Road, Venue: The Leela, Sahar, AMumbai‐ 400059 Website: www.ficci.com

FRO 2012 Indore National Franchise & Retail Show Date: 11th – 12th Aug, 2012

ey, Vijay Venue: Sayaji Hotel, Bhamori Dubagar, Indore‐ 452 010 ebsite:

NW www.franchiseindia.net


http://www.ficci.com/

http://www.iijs.org/

http://www.franchiseindia.net/

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