India pet food market projected at $884M in 2025 with 39M pets, growing 25% annually. Royal Canin India clocked Rs 473.84 cr revenue in FY25 as Godrej, Reliance, Nestle-backed Drools and Wipro crowd into the category.

Mint · 5/29/2026, 9:48:40 AM

Mars Petcare's premium arm is growing 25% annually in India, clocking Rs 473.84 cr in FY25 revenue (+5% YoY) though net profit fell 75% to Rs 2.21 cr. India's pet market, now $884.4M with ~39M pets, is set to scale to Rs 35,000 cr as Godrej, Reliance, Nestle-Drools and Wipro intensify competition.

Mint · Companies · 5/29/2026, 9:41:58 AM

MD flags India as priority market growing 25% annually, with pet population near 39M and category sizing from $690M (2023) to $884M (2025). Royal Canin India revenue hit Rs 474 cr in FY25 (+5%) but profit fell 75% as Godrej, Reliance, Nestle-Drools and Wipro crowd the aisle.

Mint · 5/29/2026, 9:41:38 AM

LVMH-backed PE firm L Catterton is negotiating a minority investment in Andhra-cuisine chain Nandhana Palace, which runs 27 outlets and posted ₹316.1 cr revenue with ₹28.2 cr profit in FY25. The deal underscores intensifying PE appetite for Indian restaurant and QSR chains within an $80 bn food services market growing at 10-11% CAGR.

Mint · 5/18/2026, 7:37:45 AM