Reliance Industries Annual Meeting: Consumer Products Division Aims for ₹1 Trillion Revenue by FY30

Reliance Industries Annual Meeting: Consumer Products Division Aims for ₹1 Trillion Revenue by FY30
Reliance Consumer Products Ltd. (RCPL) has achieved remarkable growth, doubling its gross revenue to ₹22,000 crore ($2.3 billion) in FY26. The company aspires to hit ₹1 lakh crore in revenue by FY30.

This achievement places RCPL among India’s fastest-growing FMCG companies, according to Isha Ambani Piramal, Whole-Time Director of Reliance Retail, during the company’s 49th Annual General Meeting (AGM).

What took many established FMCG giants decades to accomplish, RCPL has achieved in merely four years, becoming one of India’s leading consumer goods platforms and one of the fastest-growing consumer businesses in the world.
RCPL’s products are now available in over 40 countries through exports and franchise-led distribution, enhancing its stature as a global Indian consumer brand. Despite geopolitical uncertainties that raised raw material and packaging costs and disrupted global supply chains, the company successfully absorbed these cost pressures without passing them on to consumers.

Among its prominent brands, Campa generated gross sales exceeding ₹4,700 crore in FY26, making it India’s fourth-largest soft drink brand.

Looking to the future, RCPL intends to invest ₹30,000 crore in integrated food parks to broaden its manufacturing and consumer product offerings.

Deven Choksey, Managing Director at DRChoksey FinServ, mentioned that RCPL’s manufacturing and backward integration strategy could enhance profitability over time.

The company currently maintains EBITDA margins of around 7.5%-7.6% in its retail and consumer products operations, with potential for an additional 2-3 percentage point increase as manufacturing capacities expand.

Choksey also noted that RCPL’s extensive portfolio of over 3,500 brands across various geographies and categories positions it well for future growth as the company strives towards its ₹1 lakh crore revenue target by FY30.

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