| Contract Manufacturing | Manufacturing services across FMCG including home care, personal care, foods, beverages, healthcare, and footwear. | Strong client relationships, diversified manufacturing capabilities, regulatory certifications and geographic footprint. | Primarily B2B serving large FMCG companies and emerging brands in India and overseas markets. | Healthcare, personal care and footwear segments show higher profitability margins. | 773 | 22 | Revenue from long-term manufacturing contracts and supply agreements with major FMCG brands. | Contract based pricing, typically fixed or volume-based contracts with milestone productions. | Rising outsourcing of manufacturing by FMCG brands, capacity expansions and strategic acquisitions. | Kurkure, Bonny Mix, Cnergy (own brand) |
| Others (Proprietary Products and Miscellaneous) | Manufacture and marketing of own brands in food and personal care; some packaging and job work services. | Own brand presence supports margin improvement and brand equity. | Retail consumers for proprietary products; B2B for packaging services. | Proprietary personal care brands. | 0 | 0 | Product sales and packaging fees. | Sales revenue model. | Brand launches, local market penetration and new product development. | Cnergy, Bonny Mix (local market) |
