Anand Rathi sees strong Q1FY27 for FMCG; HUL, Marico top picks on lower crude, GST cuts
Anand Rathi expects FMCG to deliver a strong Q1FY27 driven by premiumisation, GST cuts and softer crude oil prices aiding margins. Top picks include HUL (TP ₹2,700), Marico (TP ₹865), GCPL (TP ₹1,400) and Mrs. Bector (TP ₹250). Sector seen posting 10% revenue and 14% earnings CAGR over FY26-28.
Anand Rathi expects strong Q1FY27 for FMCG on premiumisation, GST cuts and lower crude aiding margins. Top picks include HUL, Marico, GCPL, Mrs. Bector Foods; paints and alco-beverages segments also resilient with double-digit growth.