List of the best FMCG companies in India 2021: All our lives depend on FMCG (Fast Moving Consumer Goods) products that satisfy our basic needs. FMCG products are those that have a short shelf life that is produced in high volumes with low cost and are made for rapid consumption.

This industry includes household items, over-the-counter medicines, food, personal care items, stationery and consumer electronics, etc. The fast-moving consumer goods (FMCG) sector is India’s fourth-largest sector and has created employment for more than three million people.

Today, we take a look at the top 5 FMCG companies in India that are responsible for keeping over 1.3 billion Indians on their feet every day. Keep Reading!

Top 5 FMCG companies in India in 2021

1. Hindustan Unilever Limited (HUL)

Market cap: Rs 5,45,762.50 Cr / PE : 68.61

Hindustan Unilever best FMCG Shares

HUL is one of India’s oldest FMCG companies. It is a subsidiary of Unilever, a British-dutch company. The company was established in 1933 and has headquarters in Mumbai. HUL has served over 2 billion customers for over 87 years.

HUL has over 35 brands across 20 categories such as soaps, detergent, skincare, cosmetics, tea, toothpaste. The brand includes famous names like Surf, Excel, Dove, Lux, Lifebuoy, Clinic Plus, Wheel, Sunsilk, Knorr, Axe, etc.


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In April 2020, HUL also completed its merger with GlaxoSmithKline Consumer Healthcare (GSKCH India) for Rs 3,045 Crores. Apart from Horlicks, brands such as Boost, Maltova, and Viva are part of GlaxoSmithKline Consumer which has now come under HUL’s umbrella.

HUL Popular brands in India

2. ITC Limited

Market Cap: Rs 2,61,993.75 Cr/ PE : 20.10

itc top fmcg share in indiaITC Ltd. has flourished in the Indian markets for over 110 years giving them a deep understanding of the Indian Consumer. The ITC is known to guarantee a certain standard in production and packaging. They have broad distribution channels in India. This has allowed them to penetrate into even the most rural areas through several retail shops.

Their products include Bingo, Sunfeast, Aashirvaad, Fiama Di Wills, Vivel, Savlon soaps and handwash, Papercraft, and Classmate. ITC has 77% monopoly in the Indian Cigarettes market share and offers brands like Wills Navy Cut, Gold Flake Kings, Silk Cut, India Kings, Bristol, Gold Flake Super Star, Gold Flake Premium Lights, Classic Menthol, etc. In FY2020, ITC made a net profit after tax of Rs 15,300 Crores. 

Most valuable brands of ITC

3. Nestlé India

Market Cap: Rs 1,68,800.78  Cr / PE : 78.18

Nestle India top fmcg companies in India

Nestle is a transnational food and beverage company headquartered in Switzerland. Globally the company has been around for more than 150 years. In India, Nestle dates back to 1912 when it began operating as Nestle Anglo-Swiss Condensed Milk Company. They cater to the nutritional and wellness requirements of Indian consumers. 

Nestle sells a plethora of products including beverages, bottled water, milkshakes, breakfast cereals, instant foods, performance, and health care nutrition, etc. A few of the 2000 brands they currently own are Nescafe, Maggi, Milky Bar, Kit Kat, Bar One, Milkmaid, Nestea, etc. Further, Nestle Cerelac has an undisputed market share of 96.5% in infants 6 months and older as a supplement for breast milk, despite functioning in an open to all industry.

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How Nestle India Makes Money(1)

Quick Note: If you want to look into the financials and fundamentals of these companies, you can find it on our stock research and analysis portal here.

4. Britannia Industries

Market cap: Rs 82,414.29  Cr / PE : 46.83

britannia industries fmcg companies in India

Britannia Industries is one of the oldest food-producing companies in the country. It was established in 1892 in Kolkata with an initial investment of merely Rs. 295. Their products are available in more than 5 million retail outlets.

More than 50% of Indian households are proud users of their range of food items. The FMCG is known as the first Zero Trans Fat Business in the country. They have an extensive distribution network in India and 60 other countries. 

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Their products include Good Day, Tiger, Milk Bikis, Bourbon, Marie Gold, Cake, Cheese, Milk, and Yogurt. The company is the largest brand in the organized bread market.

5. Marico

Marketcap: Rs 60,816.91 Cr / PE : 54.99

marico fmcg company

Marico was established in 1990 in Mumbai. It began as a brand for coconut and refined edible oil and later expanded into various kinds of consumer goods. The majority of its success lies in its two brands ‘Saffola’ and ‘Parachute’. The company has come a long way in the segment despite being around for only 3 decades. Safola which competes in the premium refined edible oil segment has maintained its market leadership with a share of 73%. ‘Parachute’ on the other hand holds a market share of 59%. These also form up to 90% of their income. 

how marico makes money

It is currently operating in 25 countries in the emerging markets of Asia and Africa. They maintain their innovation in manufacturing and packaging to preserve the tagline “Make a difference”. 

Marico’s household brand includes Parachute, Saffola, Nihar, Livon, Set Wet, Mediker. Its global products include Parachute, Haircode, Caivil, Black Chic, Isoplus, Code 10, and X-men.

Financial Comparison – Top 5 FMCG companies in India

ParticularsHindustan UnileverITCNestle IndiaBritanniaMARICO
Market Cap (Rs Cr)5,45,762.52,61,993.751,68,800.7882,414.2960,816.91
PE68.6120.178.1846.8354.99
Price/BV11.514.2864.3924.8320.03
Div Yield1.744.771.141.811.43
ROE28.6925.66105.7635.9428.95
ROCE38.2231.55147.8841.4735.69
Price/Sales11.875.6112.47.7510.45
Current Ratio1.264.021.681.452.32
Debt To Equity000.020.280.03
Last 3 Yr Returns46.41%-21.70%83.73%18.26%47.90%
Last 5 Yr Returns171.75%-10.42%177.58%149.34%85.67%

(Updated till May 2021 | Source: Trade Brains Portal)

Closing Thoughts

With the ever-growing needs and constantly improving standards of living the FMCG’s play an even larger role. In order to fulfill these requirements, there are several other FMCG’s too that compete for a significant spot in this market. They include Colgate Palmolive, Parle Agro, P&G, The Godrej Group, Amul, Patanjali, Dabur, etc.

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In this highly competitive environment, the FMCG’s have managed to keep customers satisfied by reaching out to every nook and corner of the country making each and every FMCG an integral part of the economy.