Indian FMCG braces for fresh 3-7% price hikes as raw material costs surge in H1 FY27
Systematix Research flags 8-10% input cost inflation across Indian F&B and HPC players, driven by palm oil (+11%), Brent crude (+32%) and HDPE (+56%). Companies likely to deploy 3-7% price hikes and grammage cuts in H1 FY27 to defend margins, already down 50bps YoY and 30bps QoQ.
Systematix Research warns Indian F&B and HPC companies likely to push further price hikes and grammage cuts in H1 FY27 to offset 8-10% raw material inflation driven by palm oil, crude and HDPE packaging costs, pressuring gross margins.