Godrej Consumer Products Limited (GCPL) has successfully completed its acquisition of the FMCG business of Trilogy Solutions Private Limited (TSPL), marking a significant move in the male grooming sector. The acquisition, which was executed through a slump sale on a going concern basis, was finalized on November 10, 2025, following the initial announcement made on October 31, 2025.

Acquisition Details

TSPL, an Indian FMCG company, is primarily known for its operations in the male grooming category under the Muuchstac brand. This strategic acquisition aligns with GCPL's efforts to strengthen its position in the personal care segment.

Regulatory Compliance

In accordance with regulatory requirements, GCPL has promptly disclosed this development to the stock exchanges. The company filed the necessary information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Market Impact

While specific financial details of the acquisition were not disclosed, this move is expected to enhance GCPL's product portfolio in the competitive male grooming market. The acquisition of the Muuchstac brand could potentially provide GCPL with new avenues for growth and market expansion.

Corporate Communication

The completion of the acquisition was officially announced through a regulatory filing signed by Tejal Jariwala, Company Secretary & Compliance Officer of Godrej Consumer Products Limited. This prompt disclosure demonstrates GCPL's commitment to transparency and compliance with stock market regulations.

This acquisition represents a strategic step for Godrej Consumer Products Limited as it continues to evolve and strengthen its market presence in the FMCG sector, particularly in the male grooming category.

Godrej Consumer Products Limited (GCPL) demonstrated resilience in its Q2 FY26 performance, navigating through GST transition challenges in India and macroeconomic headwinds in Indonesia. The company reported a consolidated revenue growth of 4% in INR terms, supported by a 3% underlying volume growth.

India Business Performance

GCPL's India business grew by 4% in sales and 3% in volumes, despite facing GST-related trade disruptions that particularly impacted soaps and hair color categories. The company's Managing Director and CEO, Sudhir Sitapati, noted that excluding soaps, the India business delivered double-digit underlying volume growth, reflecting the strength of its core portfolio and execution.

International Business

The company's international portfolio presented a mixed picture:

• Indonesia faced macro and pricing pressures, delivering 2% volume growth but negative 7% revenue growth.
• Africa, USA, and Middle East businesses showed robust performance with 25% sales growth in INR terms and 15% in constant currency.

Financial Highlights

Category Performance

1. Home Care: Delivered 6% growth, led by strong performance in Air fresheners and fabric care.
2. Personal Care: Declined by 2%, largely reflecting the GST-related impact on soaps.

New Launches and Acquisitions

GCPL continues to focus on innovation and expansion:

• New launches like Godrej Fab, Goodnight Agarbatti, Air Plug Amazon Woods 4X, and Kama Sutra INR 99 have met or exceeded launch expectations.
• The company entered the toilet cleaning category with the launch of Godrej Spic in select South Indian states.
• GCPL announced the acquisition of men's grooming brand Muuchstac for approximately INR 300.00 crores, which generated INR 80.00 crores revenue and INR 30.00 crores EBITDA in the last 12 months.

Future Outlook

Despite short-term challenges, GCPL remains confident in its strategy and the resilience of its portfolio. The company expects:

• High single-digit underlying volume growth in its standalone business
• High single-digit revenue growth at a consolidated level
• Double-digit EBITDA growth for the full year in India standalone and GAUM businesses

Sudhir Sitapati commented, "We remain firmly confident in our strategy, the resilience of our portfolio, and the strength of our brands. With disciplined execution and continued focus on innovation and operational excellence, we are well positioned to deliver sustainable and profitable growth in the periods ahead."

As GCPL navigates through the current challenges, the company's focus on innovation, cost management, and strategic acquisitions appears to be setting the stage for improved performance in the coming quarters.