Reliance’s fast-moving consumer goods (FMCG) business is likely to touch 20,000 crore in gross revenue by the end of FY26, surpassing companies such as Marico, Dabur , Godrej Consumer and Emami, sources in the know have told FE.
The business, under Reliance Consumer Products (RCPL), was demerged from Reliance Retail Ventures, the holding company of Reliance Retail, effective December 1, becoming a direct subsidiary of parent Reliance Industries (RIL).
The FMCG business, led by over1,000-crore brands such as Campa (beverages), Campa Energy (energy drinks), Independence (staples) and Good Life (food staples), has already touched 15,000 crore in gross revenue in the first nine months of FY26.
Doubled revenue
This is nearly double the revenue of 8,000 crore reported in the first nine months of FY25 by the company.
RCPL will now step up its focus on beauty, personal care, food and edible oils, sources in the know said, as it looks to grow its presence across FMCG categories.
In RIL’s analysts call on Friday, executives said that brands such as Brylcreem and Toni & Guy in hair care, Badedas and Matey in personal care, whose global rights had been acquired by RCPL, would be expanded in India and abroad in the coming months.
Udhaiyam’s ready-to-cook and staple products
In foods, the company is likely to take Udhaiyam’s ready-to-cook and staple products outside of southern India, something that rival Orkla India is doing with its MTR brand.
The company recently relaunched the SIL food brand, best-known for its sauces and jams, in select cities, adding instant noodles to the portfolio.
SIL was acquired a year ago from Food Service India. It has manufacturing facilities in Pune and Bengaluru and will be taken to markets across the country, sources said. The company’s edible oils portfolio, on the other hand, is seeing traction in markets such as Maharashtra.
While the company is pushing biscuits under Maliban, a Sri Lankan brand available here under a strategic partnership (with the Maliban Group). Chocolates and confectionery are being pushed under acquired brands Lotus (chocolates) and Toffeeman and Ravalgaon (both confectionary) each.
During the analysts call, executives said that RCPL would double its existing capacity in beverages for the upcoming summer season. It was adding several high-speed bottling lines across 12 states. The company also said that land to set up food parks had been allocated to it at several sites and that the first plant would become operational in March.