I am too looking at adding FMCG to my Portfolio.
You already have Marico, JLL and GCPL and Emami in your Portfolio and I have read your views and Annual Reports of these companies.
One Stock I would like to know your views on is Britannia Industries.
It has shwon Significant Margin Improvement off late and it occupies quite a Bit of Shelf Space in Stores.
There are 3 big Players in this Segment PARLE,ITC and Britannia.
Britannia seems to be most focused and gaining Market Share Continously although it has risen quite a bit and trades at high valuation but for FMCG part of Portfolio i am looking for at least 3-5 years holding period and expecting 12-15% return + Dividends.
From their Investor Presentation I can make out that now they are looking to expand their operations in international Market plus will focusing on Rusk,Cakes and Dairy Business. (Basically want to be a Complete Food Company).
With the Pepsi Cola leaders at the helm it does look interesting to me.
Would love to know your views on it.
Thanks and Regards,