Market cap, ratios, CAGR and revenue: company table snapshot as of 30 Oct 2026 (the same figures on every page). Price: snapshot as of 30 Oct 2026. Not investment advice.
Where it fits
Makes and distributes everyday household products. ITC and Hindustan Unilever dominate the group, which is a mid-sized defensive block of the index.
Why it matters
Staples are where investors hide when growth slows. Their volume growth is the cleanest read on mass-market and rural spending.
Where the value pool sits
Strong brands and deep distribution give high returns on capital and steady cash flow. Growth is now contested by quick-commerce, D2C brands and regional players, and by input-cost swings (palm oil, tea, coffee, wheat).
Key drivers
Rural demand after a good monsoon
GST cuts on everyday items (Sep 2025)
Premium products and new channels
Potential bottlenecks
Slow urban mass-market demand
Input inflation in edible oils, tea, coffee and cocoa