Company lists
The Maharashtra edition · 2026

Consumer goodscompanies in Maharashtra

FMCG & food, durable goods, apparel & footwear, jewellery & accessories, beauty & personal care and more: the companies building consumer goods in Maharashtra, with their founders, funding, team size and business models.

3,555 company profiles1,355 with reported revenue234 with recorded fundingSeptember 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent consumer goods business events in Maharashtra

Funding, M&A, contract wins and launches involving 4,103 consumer goods companies in Maharashtra, last 24 months: 202 M&A deals · 85 Contracts · 81 funding rounds · 42 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Completed

Legrand acquires Usystems

Legrand said acquiring USystems' entire portfolio, including its ColdLogik cooling technology, strengthens Legrand's position in providing added-value solutions in the data center market.

Cooling solutions
M&AAcquisition · Announced

Blue star acquires Blue Star Qatar W.L.L. (BSQ)

Blue Star Limited has announced its decision to acquire the remaining 51% shareholding in its subsidiary, Blue Star Qatar W.L.L. (BSQ), from Al Malki Trading & Contracting Co. (ATC).

Design, engineering, installation, maintenance, and contracts related to mechanical, electrical, and plumbing systems
M&AAcquisition · Announced

Smart services acquires Sharp india

In April 2026, Sharp Corporation Japan signed a share purchase agreement with Smart Services Private Limited to divest 1.94 crore shares in Sharp India at a transaction value of Rs 19.46…

Electronics
M&AAcquisition · Announced

Legrand acquires SRS Power Engineering

Legrand acquires SRS Power Engineering, enhancing its critical power infrastructure for Asian datacenters and industrial applications as part of its strategic growth plan.

Power Engineering
M&AAcquisition · Rumored

Aditya birla group acquires Crompton greaves consumer electricals

The Aditya Birla Group is among the parties in contention to acquire a majority stake in Crompton Greaves Consumer Electricals Limited, CNBC-TV18 reported on May 15, in what would…

Consumer Electricals
M&AAcquisition · Completed

Bajaj electricals acquires Morphy richards

Bajaj Electricals Limited has acquired the 'Morphy Richards' brand and its associated intellectual property rights from Glen Electric Limited, in India, Bhutan, Bangladesh, Nepal, Sri…

Consumer electricals and appliances
ContractSupply

Tanfac industries · client: Blue star

Tanfac Industries Limited has entered into a long‑term supply agreement with Blue Star Limited for the supply of key fluorinated products, marking a strategic step in strengthening its…

Specialty Chemicals
LaunchLiver Detox Tablets

Aayush Wellness

Aayush Wellness has launched its latest innovation, Liver Detox Tablets.

M&AAcquisition · Announced

Hindustan unilever acquires Oziva

Hindustan Unilever’s acquisition of the residual 49% stake in plant-based nutrition brand OZiva, valuing the D2C brand at about ₹1,682 crore.

Plant-based Nutrition
LaunchRR Signature kitchen appliances

Rr kabel

RR Kabel has launched mixer grinders, electric cooktops (induction and infra-red), and hand blenders under its RR Signature brand

Kitchen appliances
M&AAcquisition · Completed

Tcl acquires Sony's TV business

Recently, TCL acquired a majority stake in Sony's TV business

TV
M&AAcquisition · Announced

Euro pratik acquires Elements Trading Co (LLC)

Euro Pratik Sales Limited has announced the acquisition of a 51% stake in Elements Trading Co (LLC) through its wholly owned subsidiary, Euro Pratik Trade - FZCO.

Wall panels and laminates industry
Funding

Palmonas

Jewellery brand Palmonas raised $40 million.

Jewellery
Contract

Tcl · client: Sony

TCL investing $473 million for a 51% stake in the venture.

Television
ContractSupply

Welspun · client: US facility

Welspun Corp has secured a major order valued at around Rs 1,000 crore for the supply of pipes from its US operations.

Pipe manufacturing
Contract

Welspun Mauritius Holdings Ltd · client: Welspun

Separately, the company’s subsidiaries — Welspun Mauritius Holdings Ltd and Welspun Pipes Inc — completed an internal transfer of a 22% stake in East Pipes Integrated Company (EPIC).

M&AMerger · Completed

Polycab acquires Uniglobus Electricals and Electronics Private Limited

Polycab India Limited has announced the completion of its amalgamation with Uniglobus Electricals and Electronics Private Limited.

LaunchEnergion EA4150 AC Stabilizer

Crompton greaves consumer electricals

Crompton Greaves Consumer Electricals has announced the launch of its new product, the Energion EA4150 AC Stabilizer, aimed at the domestic market.

B2C Lighting
M&AAcquisition · Announced

Fonds de solidarité ftq acquires Blue star

Its Blue Star company stake now stands at 10% following the purchase of 244,000 shares since March 4, which cost the principal interested person close to $590,000.

M&AAcquisition · Completed

USV Private Ltd acquires Wellbeing nutrition

USV Private Ltd acquired around a 79% stake in nutraceutical firm Wellbeing Nutrition in an all-cash deal valuing the company at ₹1,583 crore in February.

Nutraceutical
M&AAcquisition · Completed

Welspun acquires Welspun Corporate Services Limited

Welspun Living Limited has completed the acquisition of a 35% equity stake in Welspun Corporate Services Limited (WCSL), formerly known as Welspun Home Textiles Limited.

M&AAcquisition · Announced

Euro pratik acquires Chawla Brothers

Euro Pratik Sales Limited, a leading player in the organised decorative wall panels and interior solutions industry, has announced the acquisition of a 51% stake in Chawla Brothers.

Decorative surfaces business
M&AAcquisition · Completed

Marico acquires Skinetiq

In a major milestone, Skinetiq sold a 75% equity stake to Marico Limited, in a deal valued at approximately $38 million.

Beauty
M&AAcquisition · Completed

USV acquires Wellbeing nutrition

pharmaceutical major USV acquired a 79% stake in Wellbeing Nutrition

Nutrition
M&AAcquisition · Announced

Bajaj electricals acquires Glen Electric Ltd

Shares of Bajaj Electricals Ltd, which had surged in early trading on Tuesday following the announcement of an agreement to acquire the Morphy Richards brand rights.

M&AAcquisition · Completed

Whirlpool of India acquires Elica PB Whirlpool Kitchen Appliances

Whirlpool of India has completed acquisition of additional equity shares of 3.18% of the issued and paid up share capital of Elica PB Whirlpool Kitchen Appliances (Elica India), taking…

M&AAcquisition · Completed

Nhc foods acquires Conquer Enterprises

NHC Foods on Tuesday said it has completed the acquisition of Hong Kong-based Conquer Enterprises, which will help strengthen its presence in key global markets.

Trading
M&AAcquisition · Announced

Reliance retail acquires Pahadi local

Reliance Retail Limited has acquired the brand Pahadi Local along with its business from Pahadi Goodness Private Limited.

Skincare and Wellness
FundingSeries A

Bonkers Corner

Omnichannel clothing brand Bonkers Corner has raised Rs 95 crore (approximately $10.5 million) in its Series A funding round, led by India SME Investment Fund, with participation from…

Investors India SME Investment Fund, Radhakrishna Ramnarain, Namita Thapar, Rajesh Raheja
Fashion
M&AAcquisition · Completed

Na acquires Hindustan unilever

The shares of Hindustan Unilever will remain in focus today after the FMCG major announced it has completed the sale of its entire 19.8% stake in Nutritionalab, the parent company of…

Consumer goods companies in Maharashtra, by revenue

Browse consumer goods companies in Maharashtra by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 1,355 consumer goods companies in Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Brand of icecream

Food & beverage products
₹61,092.00 crFY 2022-23
Not reported
352LinkedIn · Jul 2026
70 yr1956
0none in 3 months

Producer of FMCG, packaged food, and consumer goods

Beauty & personal care products
₹62,707.00 crFY 2023-24
Not reported
6,697recorded Mar 2023
93 yr1933
0none in 3 months

Connect with the fastest growing company in the Indian Cable Industry with consistent growth!

Household durables
₹18,260.32 crFY 2023-24
Not reported
4,811+7% 12 mo to Oct 2023recorded Oct 2023
58 yr1968
4postings · last posted Sep 2026

Manufacturer of food & beverages products

Food & beverage products
₹17,222.94 crFY 2022-23
Not reported
4,290+4% 12 mo to Aug 2024recorded Aug 2024
97 yr1929
3postings · last posted Aug 2026

Brand of tea, snacks, and other food products

Food & beverage products
₹15,451.47 crFY 2023-24
Not reported
1,530+3% 12 mo to Dec 2023recorded Dec 2023
62 yr1964
0none in 3 months · last posted Apr 2026

Traditional conglomerate with a diverse business portfolio

Household durables
₹14,818.38 crFY 2022-23
Not reported
1,365-1% 12 mo to Nov 2023recorded Nov 2023
129 yr1897
0none in 3 months

Manufacturer of household and personal care products

Beauty & personal care products
₹14,680.41 crFY 2024-25
+2%2024–2025
356-3% 12 mo to Sep 2024recorded Sep 2024
25 yr2001
3postings · last posted Sep 2026

Brand of air conditioners and coolers

Household durables
₹12,734.47 crFY 2023-24
Not reported
2,023+13% 12 mo to Aug 2024recorded Aug 2024
72 yr1954
0none in 3 months

Fine jewellery brand

Fashion accessories
₹10,124.94 crFY 2022-23
Not reported
179+9% 12 mo to Jul 2024LinkedIn · Jul 2026
194 yr1832
0none in 3 months

Brand of health, beauty and wellness

Beauty & personal care products
₹9,795.00 crFY 2023-24
Not reported
1,768-1% 12 mo to Feb 2024recorded Feb 2024
36 yr1990
5postings · last posted Sep 2026

Manufacturer of air conditioning, commercial refrigeration, and other home appliances

Household durables
₹9,732.78 crFY 2023-24
Not reported
10,404-10% 12 mo to Mar 2024LinkedIn · Jul 2026
83 yr1943
16postings · last posted Sep 2026

Brand of casual wear for men and women

Apparel brands
₹9,285.63 crFY 2023-24
Not reported
2,636-6% 12 mo to Feb 2024recorded Feb 2024
101 yr1925
0none in 3 months

Brand of cooking oil

Food & beverage products
₹8,919.59 crFY 2022-23
Not reported
1,166recorded
26 yr2000
0none in 3 months · last posted May 2026

Early life nutrition brand

Food & beverage products
₹8,811.32 crFY 2024-25
Not reported
2,985+2% 12 mo to Aug 2024recorded Aug 2024
16 yr2010
0none in 3 months

Brand of home textiles

Home furnishing products
₹8,215.10 crFY 2022-23
Not reported
164+1% 12 mo to Sep 2024recorded Sep 2024
41 yr1985
—No postings tracked

Manufacturer of alcoholic beverages

Alcoholic beverage products
₹8,094.02 crFY 2024-25
+5%2024–2025
1,531+6% 12 mo to Nov 2023LinkedIn · Jul 2026
40 yr1986
0none in 3 months

Natural diamond manufacturing and designing services

Contract manufacturers
₹7,589.18 crFY 2022-23
Not reported
427LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Manufacturer of wires, cables, and consumer electrical products

Household durables
₹7,669.35 crFY 2024-25
+15%2024–2025
2,085+14% 12 mo to Sep 2024LinkedIn · Jul 2026
24 yr2002
0none in 3 months · last posted Jun 2026

Manufacturer and supplier of electrical equipment for homes

Household durables
₹7,380.20 crFY 2023-24
Not reported
4,090+1% 12 mo to Jun 2024LinkedIn · Jul 2026
89 yr1937
0none in 3 months

Brand offering multi category oil, bakery and seasonings products

Food & beverage products
₹6,949.78 crFY 2024-25
+26%2024–2025
505LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Manufacturer and wholesaler of jewelry and fashion accessories

Fashion accessories
₹6,472.28 crFY 2022-23
Not reported
17-6% 12 mo to Sep 2024recorded Sep 2024
37 yr1989
—No postings tracked

Internet first brand offering multi natural skin & hair care products

Beauty & personal care products
₹5,979.16 crFY 2024-25
+5%2024–2025
—Not available
20 yr2006
0none in 3 months

Dermatologist-recommended skin care brand offering a range of products for healthier and beautiful skin.

Beauty & personal care products
₹5,216.77 crFY 2022-23
Not reported
1,112-50% 12 mo to Sep 2024recorded Sep 2024
96 yr1930
—No postings tracked

Manufacturer of electrical and telecommunication cables

Household durables
₹5,189.73 crFY 2023-24
Not reported
1,674+5% 12 mo to Aug 2024recorded Aug 2024
68 yr1958
—No postings tracked

Provider of professional hair care, color, styling, and texture products

Beauty & personal care products
₹4,993.62 crFY 2022-23
Not reported
5-76% 12 mo to Jan 2024recorded Jan 2024
46 yr1980
—No postings tracked
50 of 3,555 companies shown here · the full list is on Radar
Fliar Radar

Explore all 3,555 consumer goods companies in Maharashtra on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open consumer goods in Maharashtra on Radar
  • Every company, not just 50All 3,555 consumer goods companies in Maharashtra, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore consumer goods companies in Maharashtra by what you are looking for

Browse top consumer goods companies in Maharashtra, from fast moving consumer goods and food brands to apparel, beauty and durable consumer goods. Find consumer goods startups in Maharashtra and companies hiring now.

9 ways to explore consumer goods in Maharashtra

FMCG, food & beverage brandsDurable consumer goods & home appliance makersApparel, fashion & footwear brandsJewellery, watches & fashion accessories companiesBeauty, personal care & home care brandsHome furnishing, furniture & stationery brands

FMCG, food & beverage brands

Fast moving consumer goods, packaged food, snacks, beverages and grocery brands.

  1. Kwality Walls

    Brand of icecream

    Food & beverage products
    See in list
  2. Parle Products

    Manufacturer of food & beverages products

    Food & beverage products
    See in list
  3. Tata Consumer Products

    Brand of tea, snacks, and other food products

    Food & beverage products
    See in list
  4. Bunge India

    Brand of cooking oil

    Food & beverage products
    See in list
  5. Allied Blenders and Distillers

    Manufacturer of alcoholic beverages

    Alcoholic beverage products
    See in list

Durable consumer goods & home appliance makers

Manufacturers of home appliances, electrical goods and consumer electronics.

  1. Voltas

    Brand of air conditioners and coolers

    Household durables
    See in list
  2. Blue Star

    Manufacturer of air conditioning, commercial refrigeration, and other home appliances

    Household durables
    See in list
  3. RR Kabel

    Manufacturer of wires, cables, and consumer electrical products

    Household durables
    See in list
  4. Crompton

    Manufacturer and supplier of electrical equipment for homes

    Household durables
    See in list
  5. Aeroguard

    Provider of construction and real estate development services

    Household durables
    Website

Apparel, fashion & footwear brands

Clothing, ethnic wear, footwear and online fashion brands.

  1. Raymond

    Brand of casual wear for men and women

    Apparel brands
    See in list
  2. Metro Brands

    Retailers of footwear, footcare and accessories

    Footwear brands
    Website
  3. Siyaram

    Internet first brand of apparel for men

    Apparel brands
    Website
  4. Sudar Industries

    Contract manufacturer, distributor & exporter of garments and apparel

    Apparel brands
    Website
  5. Sudarshanjeans

    Manufacturer of cotton yarn, denim fabric, and terry towels

    Apparel brands
    Website

Jewellery, watches & fashion accessories companies

Jewellery makers and retailers, bags, luggage and other fashion accessories.

  1. PN Gadgil & Sons

    Fine jewellery brand

    Fashion accessories
    See in list
  2. Swarnshilp Chains & Jewellers

    Manufacturer and wholesaler of jewelry and fashion accessories

    Fashion accessories
    See in list
  3. Laxmi Diamond

    Manufacturer of fancy colour diamond

    Fashion accessories
    See in list
  4. Tumi

    Tumi is a retail store that sells luggage bags, laptop bags, and accessories.

    Fashion accessories
    Website
  5. Chandukaka Saraf & Sons

    Retailer of jewellery products for customers

    Fashion accessories
    See in list

Beauty, personal care & home care brands

Skin care, hair care, cosmetics, personal hygiene and home care product brands.

  1. HUL

    Producer of FMCG, packaged food, and consumer goods

    Beauty & personal care products
    See in list
  2. Godrej Consumer Products

    Manufacturer of household and personal care products

    Beauty & personal care products
    See in list
  3. Marico

    Brand of health, beauty and wellness

    Beauty & personal care products
    See in list
  4. Neutrogena

    Dermatologist-recommended skin care brand offering a range of products for healthier and beautiful skin.

    Beauty & personal care products
    See in list
  5. Matrix Professional

    Provider of professional hair care, color, styling, and texture products

    Beauty & personal care products
    See in list

Home furnishing, furniture & stationery brands

Home textiles, furniture, decor, stationery and gifting products.

  1. Welspun

    Brand of home textiles

    Home furnishing products
    See in list
  2. SPACES

    Internet first brand offering of bedding and towels

    Home furnishing products
    Website
  3. Indo Count

    Manufacturer of home textile products

    Home furnishing products
    See in list
  4. Nilkamal

    Moulded home furniture

    Home furnishing products
    See in list
  5. Bombay Dyeing

    Linens and Home Furnishing

    Home furnishing products
    Website

Consumer goods startups in Maharashtra

Recently founded consumer goods companies in Maharashtra.

  1. IVAS

    Provider of home makeover and interior needs, including modular kitchens, sanitaryware, tiles, bath fittings, electricals, and designer hardware

    Home furnishing products
    Website
  2. Indriya

    Brand of gold and diamond jewelry pieces

    Fashion accessories
    Website
  3. NR Gold

    Company specializing in the wholesale and manufacturing of gold-based jewelry products

    Fashion accessories
    Website
  4. Krishvi

    Luxury jewelry company specializing in customizable, lab-grown diamond jewelry, offering a range of products, including rings, earrings, and pendants

    Fashion accessories
    Website
  5. V Chains

    Internet first brand of jewellery products

    Fashion accessories
    Website
400 companies in Maharashtra

Consumer goods companies hiring in Maharashtra

Consumer goods companies in Maharashtra with open roles.

  1. Polycab

    Connect with the fastest growing company in the Indian Cable Industry with consistent growth!

    Household durables
    See in list
  2. Parle Products

    Manufacturer of food & beverages products

    Food & beverage products
    See in list
  3. Tata Consumer Products

    Brand of tea, snacks, and other food products

    Food & beverage products
    See in list
  4. Godrej Consumer Products

    Manufacturer of household and personal care products

    Beauty & personal care products
    See in list
  5. Marico

    Brand of health, beauty and wellness

    Beauty & personal care products
    See in list
40 companies in Maharashtra

Listed consumer goods companies in Maharashtra

Publicly listed consumer goods companies in Maharashtra.

  1. Kwality Walls

    Brand of icecream

    Food & beverage products
    See in list
  2. HUL

    Producer of FMCG, packaged food, and consumer goods

    Beauty & personal care products
    See in list
  3. Polycab

    Connect with the fastest growing company in the Indian Cable Industry with consistent growth!

    Household durables
    See in list
  4. Tata Consumer Products

    Brand of tea, snacks, and other food products

    Food & beverage products
    See in list
  5. Godrej Consumer Products

    Manufacturer of household and personal care products

    Beauty & personal care products
    See in list
113 companies in Maharashtra
Mobile reach

Top 10 consumer goods apps from Maharashtra

The most-installed Android apps published by consumer goods companies headquartered in Maharashtra — 150.2M installs between them. 174 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Browser TV Web - BrowseHere

by TCL

Installs69.3M
Rating4.54222K ratings
Installs, year on year+55%
Last updatedMay 2026
View on Google Play ↗
Browser TV Web - BrowseHere screenshot 1Browser TV Web - BrowseHere screenshot 2Browser TV Web - BrowseHere screenshot 3Browser TV Web - BrowseHere screenshot 4Browser TV Web - BrowseHere screenshot 5Browser TV Web - BrowseHere screenshot 6
2

Hopscotch - Kids Fashion Brand

by Hopscotch

Installs15.3M
Rating3.6691K ratings
Installs, year on year+20%
Last updatedMay 2026
View on Google Play ↗
Hopscotch - Kids Fashion Brand screenshot 1Hopscotch - Kids Fashion Brand screenshot 2Hopscotch - Kids Fashion Brand screenshot 3Hopscotch - Kids Fashion Brand screenshot 4Hopscotch - Kids Fashion Brand screenshot 5Hopscotch - Kids Fashion Brand screenshot 6
3

Traya: Hair Loss Solutions

by Traya

Installs13.7M
Rating4.67148K ratings
Last updatedMay 2026
View on Google Play ↗
Traya: Hair Loss Solutions screenshot 1Traya: Hair Loss Solutions screenshot 2Traya: Hair Loss Solutions screenshot 3Traya: Hair Loss Solutions screenshot 4Traya: Hair Loss Solutions screenshot 5Traya: Hair Loss Solutions screenshot 6
4

Mirraw: Online Shopping App

by Mirraw

Installs12.9M
Rating4.6432K ratings
Last updatedApr 2026
View on Google Play ↗
Mirraw: Online Shopping App screenshot 1Mirraw: Online Shopping App screenshot 2Mirraw: Online Shopping App screenshot 3Mirraw: Online Shopping App screenshot 4Mirraw: Online Shopping App screenshot 5Mirraw: Online Shopping App screenshot 6
5

The Souled Store: Shopping App

by The Souled Store

Installs10.1M
Rating4.85200K ratings
Installs, year on year+28%
Last updatedMay 2026
View on Google Play ↗
The Souled Store: Shopping App screenshot 1The Souled Store: Shopping App screenshot 2The Souled Store: Shopping App screenshot 3The Souled Store: Shopping App screenshot 4The Souled Store: Shopping App screenshot 5The Souled Store: Shopping App screenshot 6
6

My Forever India

by Forever Living

Installs9.3M
Rating4.5151K ratings
Last updatedApr 2026
View on Google Play ↗
My Forever India screenshot 1My Forever India screenshot 2My Forever India screenshot 3My Forever India screenshot 4My Forever India screenshot 5My Forever India screenshot 6
7

Peachmode Online Shopping

by PeachMode

Installs6.8M
Rating3.8968K ratings
Last updatedFeb 2026
View on Google Play ↗
Peachmode Online Shopping screenshot 1Peachmode Online Shopping screenshot 2Peachmode Online Shopping screenshot 3Peachmode Online Shopping screenshot 4Peachmode Online Shopping screenshot 5Peachmode Online Shopping screenshot 6
8

Man Matters: Hair, Beard, Skin

by Man Matters

Installs5.9M
Rating4.5974K ratings
Installs, year on year+31%
Last updatedMay 2026
View on Google Play ↗
Man Matters: Hair, Beard, Skin screenshot 1Man Matters: Hair, Beard, Skin screenshot 2Man Matters: Hair, Beard, Skin screenshot 3Man Matters: Hair, Beard, Skin screenshot 4Man Matters: Hair, Beard, Skin screenshot 5Man Matters: Hair, Beard, Skin screenshot 6
9

Eureka Forbes | Aquaguard

by Eureka Forbes

Installs3.8M
Rating4.37215K ratings
Installs, year on year+50%
Last updatedJun 2026
View on Google Play ↗
Eureka Forbes | Aquaguard screenshot 1Eureka Forbes | Aquaguard screenshot 2Eureka Forbes | Aquaguard screenshot 3Eureka Forbes | Aquaguard screenshot 4Eureka Forbes | Aquaguard screenshot 5Eureka Forbes | Aquaguard screenshot 6
10

Bisleri at Doorstep

by Bisleri

Installs3.1M
Rating—
Installs, year on year+17%
Last updatedMay 2026
View on Google Play ↗
Bisleri at Doorstep screenshot 1Bisleri at Doorstep screenshot 2Bisleri at Doorstep screenshot 3Bisleri at Doorstep screenshot 4Bisleri at Doorstep screenshot 5Bisleri at Doorstep screenshot 6
The business behind the activity

Consumer goods financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 1161 consumer goods companies in Maharashtra for FY24-25 — 1,437 of the 3,555 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 16% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹349,908.54 cr

1161 companies filing accounts

combined net profit₹25,433.21 cr

7.3% aggregate margin

are profitable65%

750 of 1161 companies

median revenue~₹18.2 cr

the typical company

median revenue growth+13%

into FY24-25

earned by the top five16%

revenue concentration

Six-year view

Combined revenue of filing companies

₹201,027.86 crFY19-20965 filers
₹192,920.11 crFY20-211058 filers
₹261,389.09 crFY21-221115 filers
₹307,683.65 crFY22-231175 filers
₹336,362.94 crFY23-241230 filers
₹349,908.54 crFY24-251161 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 1016 companies over three years

+17%
FY22-23₹284,780.16 cr₹13,688.89 cr net
FY23-24₹298,496.82 cr₹18,003.14 cr net
FY24-25₹331,784.01 cr₹24,707.51 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr19526% profitable
₹1–10 cr27948% profitable
₹10–100 cr38178% profitable
₹100–1,000 cr23886% profitable
Over ₹1,000 cr6893% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking325
0–20%326
20–50%210
50–100%111
Doubled+141

1113 companies with accounts for both years; median growth +13%.

Profitability

Profit is concentrated at the top

750profitable
408loss-making
7.3%aggregate margin
1.1%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Aakar InnovationsAAKAR INNOVATIONS PRIVATE LIMITED+964%₹22.95 cr
DemeDEMEBYGABRIELLA FASHION PRIVATE LIMITED+819%₹18.51 cr
EridaniEridani Fashions Private Limited₹12.81 cr
Kohira DiamondsVK PRECIOUS PRIVATE LIMITED+695%
ClaycoCLAYCO COSMETICS PRIVATE LIMITED+533%₹33.00 cr
VergoWE GROW ERGONOMIC SOLUTIONS PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
RaymondRAYMOND LIMITED4743.0%₹190.35 cr
Pushpam Foods & BeveragesCHERRY BLOSSOM VENTURES PRIVATE LIMITED147.8%₹25.07 cr
ICCTHE INDIAN CARD CLOTHING COMPANY LIMITED114.9%
Samvid InternationalPRISM INTERNATIONAL PRIVATE LIMITED₹26.77 cr
Parle ProductsPARLE PRODUCTS PRIVATE LIMITED49.1%₹681.45 cr
Subodhchandra JewellersSUBODHCHANDRA JEWELLERS PRIVATE LIMITED38.2%₹19.48 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Fashion accessories136₹76,608.90 cr~₹115.7 cr86%2.0%
Household durables67₹68,280.09 cr~₹70.6 cr87%4.8%
Food & beverage products282₹67,038.15 cr~₹16.2 cr61%5.3%
Beauty & personal care products116₹34,330.41 cr~₹7.0 cr53%12.4%
Alcoholic beverage products40₹19,715.22 cr~₹13.5 cr57%4.0%
Stationery & gifting products22₹18,418.58 cr~₹44.3 cr68%2.1%
Home furnishing products104₹17,325.03 cr~₹26.0 cr77%6.7%
Contract manufacturers29₹16,715.34 cr~₹80.0 cr79%3.4%
Leaders

Largest consumer goods companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Mondelez India FoodsMONDELEZ INDIA FOODS PRIVATE LIMITED₹12,601.65 cr-9%
VoltasVOLTAS LIMITED₹11,696.13 cr₹776.76 cr6.6%+30%
Blue StarBLUE STAR LIMITED₹11,387.33 cr₹484.90 cr4.3%+26%
Swarnshilp Chains & JewellersSWARN SHILP CHAINS & JEWELLERS PRIVATE LIMITED₹11,162.25 cr₹224.54 cr2.0%+36%
Godrej Consumer ProductsGODREJ CONSUMER PRODUCTS LIMITED₹9,170.50 cr₹1,350.52 cr14.7%+3%
PN Gadgil & SonsP. N. GADGIL & SONS LIMITED₹9,099.53 cr₹135.27 cr1.5%+8%
PediasureABBOTT HEALTHCARE PRIVATE LIMITED₹8,811.32 cr₹1,104.40 cr12.5%+3%
MaricoMARICO LIMITED₹8,172.00 cr₹1,541.00 cr18.9%+15%
Allied Blenders and DistillersAllied Blenders And Distillers Limited₹8,094.40 cr₹200.13 cr2.5%+5%
RR KabelR R KABEL LIMITED₹7,669.35 cr₹309.52 cr4.0%+15%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Consumer Goods Industry Landscape of India

The financials above are one chapter. The full consumer goods landscape of Maharashtra maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the consumer goods landscape of Maharashtra
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Consumer goods funding and M&A across India

3,248 recorded equity rounds have gone to 19,060 consumer goods companies in India — how much, at which stage, into which sub-sectors, from whom, and how Maharashtra compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months162

US$416.17m

equity rounds, last 24 months494

US$1.41bn

raised over five yearsUS$6.81bn

1,925 rounds in India

M&A deals, Maharashtra202

last 24 months

Capital by year

Equity funding into consumer goods in India

amount rounds
$567m2018173
$763m2019224
$470m2020200
$1.7bn2021336
$1.7bn2022423
$1.2bn2023364
$956m2024374
$948m2025325
$246m2026103

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$1.74bn across 336 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$105.27m380 rounds · median US$112k
SeedUS$817.27m1,036 rounds · median US$371k
Series AUS$1.21bn257 rounds · median US$3.50m
Series BUS$1.28bn126 rounds · median US$7.32m
Series CUS$1.18bn68 rounds · median US$14.46m
Series D+US$1.74bn46 rounds · median US$19.66m
Private equityUS$117.49m4 rounds · median US$25.71m
Where the money went · five years

Most-funded sub-sectors

Fashion techUS$1.12bn176 rounds · 78 companies
Online groceryUS$1.05bn247 rounds · 80 companies
Food & beverage productsUS$1.01bn476 rounds · 215 companies
Beauty techUS$703.50m186 rounds · 66 companies
Beauty & personal care productsUS$661.05m235 rounds · 99 companies
Alcoholic beverage productsUS$411.89m99 rounds · 42 companies
Apparel brandsUS$383.36m109 rounds · 61 companies
Corporate activity · last 24 months

M&A in Maharashtra

193Acquisition
7Merger
1Announced

Most active acquirers

  1. Marico19
  2. Tilaknagar industries19
  3. Hindustan unilever11
  4. Multiples Private Equity Fund11
  5. Legrand9

Most acquired or merged

  1. Vip industries14
  2. Wellbeing nutrition8
  3. Haldiram’s5
  4. Muuchstac4
  5. Haldiram'S4

Each deal appears in the events strip at the top of the page.

Go deeper in the consumer goods landscape reports:

Consumer Goods Industry Landscape of India

Consumer goods funding in Maharashtra

234 consumer goods companies in Maharashtra have recorded equity funding, US$1.88bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Maharashtra

Meet the people behind consumer goods companies in Maharashtra. 1,680 of 3,555 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra consumer goods companies by sub-sector

The most common specialisations among consumer goods companies in Maharashtra. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring consumer goods in India and nearby markets.

Coming soon