loader2
Login Open ICICI 3-in-1 Account
Text Size
Text to Speech
Color Contrast
Pause Animations

Open ICICI
3-in-1 Account

Manage your Savings, Demat and Trading Account conveniently at one place

+91

BLOG

FMCG: healthy performance, food companies to outpace home & personal care space

ICICIdirect Research 17 Apr 2026 DISCLAIMER

FMCG universe is expected to post high single digit revenue growth in Q4FY26. Improved demand post GST transition and stable rural demand will lead to uptick in the domestic business volume growth of most of the FMCG companies during the quarter.

The companies having large presence in the Middle-East/GCC countries will witness moderation in the international business growth affecting the overall revenue growth.

Q4 will be yet another quarter of food companies’ growth outpacing the home & personal care companies. Liquor companies will continue to post strong performance with prestige & above brands continue to post double digit revenue growth on strong traction.

Stable commodity prices will lead to better YoY EBIDTA margins for most in Q4FY26 (EBIDTA growth will be in-line or better than revenue growth). However, profitability trend will reverse in Q1FY27.

Stocks Preferred – Nestle, Marico, Tata Consumer

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere