Time to be honest, was very apprehensive about how Saugata Gupta (MD, CEO of Marico) would
approach this chat given my earlier interaction with him was limited only to
post Quarterly results, and I perceived him to be a reserved person.
However, that was also my biggest challenge. I really
loved this chat cos, towards the end, I’d managed to crack open the IIT, IIM
student side of Saugata Gupta and managed to get some really candid admissions
from him: “wishes to write a book some day, has learnt how to play the Keyboard
& how the Gupta family oils their hair every Sunday.” Though the fun ends,
at that.
When it comes to Biz, Saugata Gupta is razor sharp & knows exactly
where he wants Marico to go:
Here are a few key things he said about the Company going forward:
Focus Is On Innovation, Cost Management & IT
See A Higher Value Added Contribution In The Revenue In Next 4-5 Years
There Is Room For Growth In Rural Biz
Foods To Contribute `300-500 Cr In The Next 4-5 Years
Will See A Significant Contribution From Male Grooming Products
See Organisation Blended Margin At 18%
India Business Margins Seen At 20%
See M&A Opportunities In
International Business
Will See 15% Constant Currency Organic Growth In International Business
Immediate Target Is To Get Back
To 10% Volume Growth In India
See 14-15% Revenue Growth In India For The Next 4-5 Years
See Rs. 10,000 Cr Revenue In The Next 4 Years
Hope You enjoy the chat.
Keep The feedback Coming.
Much Love.
M
PS: Don't treat that as investment ideas; I personally Don't Invest/Trade.
Keep The feedback Coming.
Much Love.
M
PS: Don't treat that as investment ideas; I personally Don't Invest/Trade.
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