Latest news with #DharampalSatyapalGroup
Business Standard
29-05-2025
- Business
- Business Standard
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.
Fashion Value Chain
29-05-2025
- Business
- Fashion Value Chain
DS Group Achieves Landmark Revenue of INR 10,000 Crore, F&B the Largest Contributor
Food & Beverage (F&B) segment is the largest contributor at 42%. Targets Rs. 20,000 crore revenue in the next 4-5 years 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 Groups 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. Mr. Rajiv Kumar, Vice Chairman, DS Group Speaking on the occasion, Mr. 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 Indias evolving growth story. The DS Group has been a vital contributor to the FMCG sectors 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 Indias 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 sectors 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 Indias 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 Groups beverage division, under Catch, provides a diverse selection of products, including water, flavored water, carbonated drinks and juices. DS Groups 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 Groups ability to create highly successful consumer products. The recent launch of Pulse Golmol, a tangy, tamarind flavoured soft chew , demonstrates DS Groups continued focus on innovation and its ability to connect with consumers through nostalgic flavors. The Groups confectionery portfolio also includes well-known brands such as Chingles, Fru, and Luvit. DS Groups 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 Groups farms. In the premium Mouth Fresheners' category, Rajnigandha is an undisputed leader in the premium mouth fresheners market. The Groups 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. About DS Group 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.
Time of India
24-04-2025
- Business
- Time of India
DS Group aims to double turnover to Rs 20k cr by 2029, Rs 3k cr investment on anvil
Homegrown FMCG firm Dharampal Satyapal Group is looking to double its turnover to Rs 20,000 crore by 2029, when it completes 100 years, for which it will make a cumulative minimum investment of up to Rs 3,000 crore, according to its Vice-Chairman Rajiv Kumar. Hospitality, and food and beverages (F&B) wherein acquisition opportunities are being explored, are the focus areas for expansion of the group as it looks to meet the 2029 target, Kumar told PTI in an interview. Dharampal Satyapal (DS) group, earlier known for its chewing tobacco products, expects the segment's contribution, which was less than 10 per cent of its overall turnover of Rs 10,000 crore in 2024-25, to remain small but won't exit it totally, he added. "We just closed 2024-25 with a turnover of Rs 10,000 crore plus. We are now among the top 10 to 15 FMCG companies in India . In the next five years, by 2029 when we complete 100 years, we are setting a target for ourselves to make it Rs 20,000 crore," he said. In FY25, out of the Rs 10,000 crore turnover, 42 per cent is from food and beverages, 38 per cent from mouth fresheners with the tobacco segment accounting for less than 10 per cent, which was almost 100 per cent three decades back, Kumar said, adding the hospitality segment's contribution was at 3 per cent. When asked about the key focus areas for expansion in the next four to five years, he said, "Our focus is hospitality. Today we have six hotels with around 1,000 rooms. In the next three years, we plan to double this room number and make it to 2,000 with around 10 to 12 hotels." The second area is food and beverages, which has a lot of scope, Kumar said, adding "we are coming out with multiple products in the spice and confectionery categories". The group currently has brands such as Catch, Pulse, Pass Pass, Silver Pearls, Ksheer, Rajnigandha, Ovino, L'Opera, Le Marche, Society Of Salad, Birthright, LuvIt, Chingles, Golmol, Namah playing in different segments. Asked how much investment DS Group is planning to make in the next four to five years to fulfil its 2029 ambition, Kumar said it is difficult to project an exact number but the group has already announced plans to invest Rs 1,000 crore in the hospitality segment in the next three years to double room capacity. "We are also investing more into sales, marketing and distribution... around Rs 2,000 crore (investment) is expected on the marketing side," Kumar said. The group currently has 50 manufacturing sites, including those of third party outsourcers, some of which exclusively make products for it, Kumar said, adding investment on manufacturing will not be that significant as compared to sales, marketing and distribution. On whether the group will exit from the tobacco segment as it looks to establish itself as a leading full-fledged FMCG firm in the country, Kumar said, "We are not planning to exit but our focus is more on the F&B side and hence the contribution of tobacco will automatically come down in terms of percentage."
Time of India
24-04-2025
- Business
- Time of India
DS Group aims to double revenue
New Delhi: Dharampal Satyapal Group (DS Group), which owns brands such as Pulse candy, and Catch Spices, doubled its turnover to Rs 10,000 crore in 2024-25 over five-year period. It plans to double the revenue to Rs 20,000 crore in its centenary year 2029. The Rs 10,000-crore milestone has been mainly driven by F&B category, which accounts for 42% of total revenue. tnn Stay informed with the latest business news, updates on bank holidays and public holidays . Master Value & Valuation with ET! Learn to invest smartly & decode financials. Limited seats at 33% off – Enroll now!
Mint
23-04-2025
- Business
- Mint
The Catch spice maker aims to double revenue to ₹20,000 crore by 2029
The DS Group (Dharampal Satyapal Group) aims to double its revenue by 2029 to ₹ 20,000 crore, from ₹ 10,000 crore reported in 2024-25, on the back of new product launches and distribution network expansion, Rajiv Kumar, the company's vice-chairman, told Mint on Wednesday. "The food and beverage segment has seen an accelerated growth in the last three years. We will continue to expand our distribution network, ensuring our products reach every corner of the nation as well as global markets," Kumar said. It is set to launch more spices, confectionery, and dairy products, focusing on rural areas and tier-II and -III cities. It has also entered categories such as gravies and packaged ghee. In 2024, the seller of Catch spices said it planned to double its spices business from ₹ 1,000 crore to ₹ 2,000 crore in the next two to three years. The food and beverage division, which has expanded at a 19% compound annual growth rate over the past three years, is the largest contributor to the company's revenue, accounting for 42% of sales in 2024-25. The mouth freshener segment contributes 38%, tobacco less than 10%, and hospitality approximately 3%. Overall, the company's revenue rose 16% year-on-year in 2024-25. Several major Indian and international food and beverage companies have announced plans to expand in India. These plans involve both the introduction of new products and the acquisition of businesses to tap into specific niche markets. For example, in 2025, ITC acquired the frozen food brand Prasuma and the organic staples brand 24 Mantra Organic. In 2024, Tata Consumer Products acquired Organic India and Capital Foods to strengthen its presence in the Indian kitchen segment. The Indian food and beverage market was estimated at $334 billion in 2023. The DS Group, which owns brands like Catch, Pulse, Pass Pass, Rajnigandha, department store chain Le Marche and dessert outlet L'Opera, also operates six hotels. And in the next three years, it plans to invest ₹ 1,000 crore in the hotel business and add another five to six properties. In March, the DS Group and Patanjali Ayurved jointly announced plans to acquire Magma General Insurance from Sanoti Properties LLP at a valuation of ₹ 4,500 crore. "The decision was more of an investment and not a diversification. We remain focused on the overall consumer and foods and beverages business," said Kumar. In 2023, the DS Group acquired a confectionery company The Good Stuff Pvt. Ltd, backed by Goldman Sachs and Mitsui Ventures.
