Amul Annual Report Takeaways - Vision Of Long-Term Growth: ICICI Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Securities Report.Amul delivered revenue growth of ~2% in FY21 – slowest YoY growth in the past decade. However, most consumer products’ revenue grew in double digits, and we believe Amul has gained market share in almost all its segments. The company continues to strengthen its business moats: Amul brand and sub brands like EPIC, Kool, Amulya, and tru,distribution network of one million outlets, strong connect with 3.64 million farmers and 87 milk processing units pan-India. Management estimates organised industry share to increase from 27% currently to 40% in the next decade. It also believes the next wave of growth will be from ‘out of home’ consumption, and Amul has undertaken multiple initiatives to capture the share of the next wave of growth..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Amul Annual Report Takeaways - Vision Of Long-Term Growth: ICICI Securities

Amul Annual Report Takeaways - Vision Of Long-Term Growth: ICICI Securities

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