Ghodawat Consumer eyes 5X growth to ₹5,000 Cr by 2030

Ghodawat Consumer Limited (GCL) is set for significant growth, aiming to achieve ₹5,000 crore in revenue by 2030, a substantial increase from its current ₹1,200 crore. This expansion includes entering new product categories such as the breakfast segment and children's products, with plans to launch "Lunch Bites" beetroot chips for kids. The company is also focusing on premium offerings like Khapli wheat flour and Himalayan pink salt for health-conscious consumers.

A strategic shift towards an asset-light manufacturing model is underway, with GCL targeting a 60% outsourced and 40% in-house production split by 2030. This contrasts with its current 90% in-house production. The company is expanding its network of contract manufacturers while maintaining stringent quality control. GCL currently serves approximately 250,000 retail outlets across 120 cities and exports to over 17 countries.

GCL is exploring acquisitions in spices, sauces, and condiments to bolster its staples portfolio, which is expected to remain 70-80% of its revenue mix. The company anticipates a 10% EBITDA margin and 6-7% profit after tax by 2030. Additionally, GCL is considering an initial public offering within the next five years, though no firm plans have been established.