DS Group Achieves Landmark Revenue of INR 10,000 Crore, F & B the Largest Contributor
NewsVoir
New Delhi [India], May 29: The Dharampal Satyapal Group (DS Group), a leading FMCG conglomerateand 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. This milestone is primarily driven by its F & B segment, which contributes 42% to total revenue, followed by Mouth Freshener segment at 38%, Hospitality at 3%, and the other businesses together contribute to the rest with tobacco being less than 10%. The Group has witnessed consistent upward trajectory with a CAGR of 16% in the last 3 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 percent 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. Together, all businesses account for more than 150 super stockists, over 5000 distributors reaching out to over 15 lakh retail shops directly and over 35 lakh indirectly, pan India. With the changing consumer buying behaviour, DS Group has thoroughly studied and capitalized on the evolving trends in modern trade, e-commerce including quick commerce to its advantage. Continuing to focus on artificial intelligence, automation and other future-focused technologies has enabled the organization to maintain its relevance within the industry while simultaneously driving value for consumers.
Speaking on the occasion, 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. Food and Beverage 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.
I also firmly believe that philanthropy and CSR, when integrated into core business operations, drives triple-bottom-line success: people, profit, planet. In alignment with our dedication to sustainable growth, the DS Group is actively pursuing ambitious green initiatives. These include advancing carbon and water neutrality goals, implementing green manufacturing practices, and strengthening our Environmental, Social, and Governance (ESG) framework, thereby reinforcing our commitment to responsible and ethical business practices," he added.
Today DS Group is a leading name in the Indian food and beverage industry. It has consistently demonstrated a commitment to innovation, establishing itself as a pioneer across multiple product categories. The Catch brand offers a comprehensive range of table-top and culinary ingredients, including a variety of salts and sprinklers, spices, cooking pastes, and gravies. It introduced India's first free-flowing salt and pepper in sprinklers in 1987. Catch further solidified its position as an industry leader in the spice segment by pioneering low-temperature grinding technology in India and later the advanced cryogenic grinding technology, a process designed to preserve the essential oils, aromas, and flavors of spices. The Group's beverage division, under Catch, provides a diverse selection of products, including water, flavored water, carbonated drinks and juices. DS Group's history of pioneering innovations includes being the first to bottle natural spring water at 5000 feet above sea level from the Himalayas in 1999. Beyond these technological advancements, Catch also holds global recognition for its patented technology used in the production of 100% vegetarian pure gold and silver foils (warq). Using advanced technology and mechanized processes, DS Group ensures that the gold and silver leaves are completely free from animal interface and comply with FSSAI guidelines.
In the confectionery sector, DS Group has established itself as the second-largest player in the Indian non-chocolate confectionery market, driven by a series of innovative product launches. Pass Pass, introduced in 1999, holds the distinction of being the first organized Indian ethnic confectionery brand in India. Coupled with Silver Pearls, DS Group is the largest player in the Indian Ethnic confectionery market. The rapid success of Pulse, a market leader in the hard-boiled candy segment since the last 9 years, highlights the Group's ability to create highly successful consumer products. The recent launch of Pulse Golmol, a tangy, tamarind flavoured soft chew , demonstrates DS Group's continued focus on innovation and its ability to connect with consumers through nostalgic flavors. The Group's confectionery portfolio also includes well-known brands such as Chingles, Fru, and Luvit.
DS Group's presence extends to the dairy segment, where it operates the Ksheer brand, offering a range of fresh and ambient products. In addition, Ovino, a premium D2C brand, specializes in high-quality, single-origin milk sourced directly from the Group's farms. In the premium Mouth Fresheners' category, Rajnigandha is an undisputed leader in the premium mouth fresheners market. The Group's overall strategy is rooted in a deep understanding of Indian consumer preferences, leveraging cultural marketing, and utilizing its expertise in flavors and fragrances to create market-leading brands.
The DS Group has been in the hospitality business since 2000. Presently, its hospitality portfolio encompasses six distinguished properties which include The Namah Nainital in Nainital and Namah in Jim Corbett National Park, which are both members of Radisson Individuals. With a strategic focus on key Indian markets, the projected investment in the hospitality division for the next few years is approximately INR 1000 crores, with a goal of establishing 10-12 hotels within the next three years. The other business also include Agriculture, Luxury Retail which includes food and fashion, and other investments.
The Group aspires to be not just a market leader but also a great workplace, committed to sustainability, water neutrality, and environmental consciousness.
The DS Group (Dharampal Satyapal Group) is a one of the leading FMCG conglomerates and a Multi-Business Corporation with a strong Indian and International presence. Founded in the year 1929, it is an inspiring and successful business story that blends a remarkable history and legacy with visionary growth. It has an extensive and diverse portfolio with presence in Food and Beverage, Confectionery, Mouth Freshener, Hospitality, Agri, Luxury Retail businesses, and other investments. Catch, Pulse, Pass Pass, Silver Pearls, Ksheer, Rajnigandha, Ovino, L'Opera, Le Marche, Society Of Salad, Birthright, LuvIt, Chingles, Golmol, Namah are some of the leading brands, the Group proudly shelters today.
As a corporate, DS Group is guided by a clear set of values that are built on a strong foundation of collective good to give back to society and protect the planet. The DS Headquarters has been awarded Leadership in Energy and Environmental Design (LEED) Platinum certification, under the USGBC (US Green Building Council) existing building O & M (Operation and Maintenance) program version 4.0. The DS Headquarters has also received LEED Zero Carbon Certification, by the USGBC.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
30 minutes ago
- Time of India
Rs 67 crore plot allotted to KVIC for training centre in Ahmedabad cancelled
Ahmedabad: A prime piece of land on Sola-Science City Road, once earmarked for a training centre by the central govt's Khadi and Village Industries Commission (KVIC), is now back on the market. The Ahmedabad Municipal Corporation (AMC) had valued the 3,974 sq m plot at Rs 1.75 lakh per square metre, bringing the total to Rs 69.54 crore. However, KVIC failed to deposit this substantial amount within the stipulated timeframe, prompting the AMC to cancel the land allocation. This decision is set for final approval at the standing committee meeting on June 12. The journey to this cancellation began on Feb 22, 2024, when the standing committee initially approved the allocation of Final Plot Number 171, reserved for commercial use in Sola-Hebatpur's TP Scheme No. 41. Following this approval, the AMC's land disposal and price-fixing committee set the price. Despite an intimation letter sent to KVIC, the payment never materialized by the deadline, leading to the current situation. This is not an isolated incident for the AMC. Recently, on June 5, the corporation cancelled the allocation of a 6,495 sq m commercial plot in Gota's TP Scheme No. 32 to the Directorate General of Goods and Services Tax (Intelligent Zonal Unit, Ahmedabad). Approved on Jan 18 last year, this land was valued at Rs 1.61 lakh per sq m, totalling Rs 104.56 crore. The GST department, too, failed to deposit the amount for a year after receiving an intimation letter. Consequently, the allocation was cancelled in a standing committee meeting held on June 5. In a contrasting move, the AMC is set to recover a record-breaking Rs 209.58 crore from the National Highway Authority of India (NHAI). About a year ago, the AMC handed over 20,958 sq m of land from two service roads under different TP schemes to the NHAI. In Dec 2024, the land price and fixing committee fixed the price at Rs 1 lakh per sq m. The corporation's estate department will soon issue a demand letter to the NHAI for this significant sum, marking the first time such a large amount will be recovered for land from the authority. A proposal for this recovery will also be presented to the Standing Committee shortly.
Time of India
31 minutes ago
- Time of India
Upper Bhavani Project Has Minimum Impact on Environment- Expert Panel
Chennai: An expert committee of the Union ministry of environment, forest and climate change, after a field visit, observed that the proposed 1000MW Upper Bhavani Pumped Storage Project would have "minimum impact on environment". The project, undertaken by NTPC Tamil Nadu Energy Company Limited, aims to utilise existing reservoirs in The Nilgiris and received preliminary approval in April for an environmental impact assessment study and public hearing. The project is estimated to cost Rs 5,005.52 crore. The committee, led by chairman G J Chakrapani, conducted the site visit to assess the ecological, geological and environmental characteristics before considering environmental clearance. A report on the site visit indicated that the project area, from upper to lower intake, would have minimal impact on forest and environment due to majority of project components being underground. Geotechnical investigations are underway, involving drilling operations to evaluate rock mass characteristics and subsurface conditions. "The rock is favourable for tunnelling and underground work with minimal risk of instability," the report said. NTPC Tamil Nadu Energy Company Limited is a joint venture of NTPC Limited and Tangedco. The project utilises Upper Bhavani and Avalanche reservoirs, and there is no construction of new reservoirs. "This project may prove to be a model project that strikes a balance between development and environmental conservation due to its location in the ecological hotspot of The Nilgiris. Going by the selection and design of the project, this is going to have minimum impact on the environment," the committee said. The committee examined various parameters of the existing reservoirs and different water levels considered for the pumped storage project. The availability of abundant water during the monsoon season is expected to provide additional benefits. "The committee was apprised by the project proponent that the alignment was finalised avoiding the Shola Forest. These forests act as water towers of the region, and their protection was noted as a positive decision while planning the alignment," the report said. The location of the powerhouse was assessed, and EAC members expressed the view that the underground work would not affect the surface environment or create significant noise after the project's commissioning.
Time of India
31 minutes ago
- Time of India
Nashik Municipal Corporation to levy entry fees for four large gardens
Nashik: The civic administration is set to introduce entry fees for the four large gardens in the city to boost revenue and offset maintenance costs. The four gardens are Goda Park on the bank of Godavari river near Ramwadi, Somani Garden in the Nashik Road area, Pelican Park in the Cidco area and Late Balasaheb Thackeray Adventure Sports Park along Gangapur Road. "These parks are to be managed and operated by private agencies, which will also pay a royalty or some amount collected through the sale of entry tickets," an official said. The selected agency will be responsible for operating and managing the facilities, as well as organising and managing small events like cultural activities, fitness programmes and community gatherings. "This will contribute to both the vibrancy of the parks and the engagement of the community, ensuring the parks are active, run efficiently and enhance the overall user experience," the official said. Nashik Municipal Corporation (NMC) has already floated a bid for the deployment of the agency to operate and manage Goda Park. "The bids to operate and manage the other three gardens are to be floated shortly. The agencies deployed for the four gardens will also be tasked with overseeing bookings, providing customer service and handling all other operational aspects," another civic official said. "We have started a tender process to deploy a private agency to operate and manage Goda Park. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dermatologist Says "Throw Away Your Regular Bedsheets Right Now, Here's Why" Miracle Sheets Learn More Undo We want to deploy an agency for the overall operation of the park, food court, sitting area, three types of fountains, children's play area, viewing deck, and access to the boating facility at Goda Park," the official said. The Goda Park project, developed on the bank of the Godavari River near Ramwadi, includes children's play areas, an amphitheatre, a fountain, an open gym, a rose garden and an open restaurant, among other features. A floating jetty was also developed for boat rides on the bank of Godavari river. The project was developed at Rs 17 crore. Nashik city houses 539 small and large gardens and 44 jogging tracks.
