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Targets Rs 20,000 crore revenue in the next four to five years
The Dharampal Satyapal Group (DS Group), a leading FMCG conglomerate and multi-business corporation, has achieved a significant milestone by surpassing Rs 10,000 crore in revenue for FY 2024-25 making it into the list of top 15 FMCG companies in India. The milestone is primarily driven by its F&B segment, which contributes 42 per cent to total revenue, followed by the Mouth Freshener segment at 38 per cent, hospitality at 3 per cent, and the other businesses together contributing to the rest with tobacco being less than 10 per cent.
The Group has witnessed a consistent upward trajectory with a CAGR of 16 per cent in the last three years through organic growth, reinforcing its market leadership and commitment to expansion. The food and beverage (F&B) segment has demonstrated a CAGR of 19 per cent over the last three years.
The DS Group’s sustained market leadership is a testament to its unwavering commitment to meeting a delightful experience for consumers. This commitment is built upon a foundation of deep expertise in flavours and fragrances, a keen understanding of evolving consumer preferences, and a robust distribution network.
Rajiv Kumar, Vice Chairman, DS Group, stated, “Surpassing the Rs 10,000 crore revenue milestone is more than just a financial achievement; it signifies our integral role as a significant contributor to India’s evolving growth story. The DS Group has been a vital contributor to the FMCG sector’s expansion, driven by our diverse portfolio, dedicated focus on quality and innovation and one of the largest distribution networks in the FMCG segment in the country. The F&B segment has been on an accelerated growth in the last three years and this milestone reflects the trust placed on us by Indian consumers, whose evolving needs have constantly pushed us to remain agile and relevant. The dedication of our employees and partners is the foundation of our journey and looking ahead, we aspire to achieve the Rs 20,000 crore milestone by our centenary year with a commitment to further fuelling India’s FMCG sector. Our robust pipeline of innovative products will continue to generate excitement and drive growth embodying the ‘Create What is Worth Creating’ spirit. We will continue to further expand our distribution network, ensuring our products reach every corner of the nation as well as global markets, thereby strengthening the Indian FMCG sector’s overall reach and impact.”