Nuvama's Roy flags 3-4% pricing revival as FMCG Q4 cushion; Marico, Nestle, Britannia called safer bets

Abneesh Roy expects steady Q4 FMCG updates with 3-4% pricing growth aiding revenue, but warns input costs and demand destruction remain risks. Retail names may outperform staples on store expansion, while Marico, Tata Consumer, Nestle and Britannia screen as safer picks versus Dabur and Emami.

— FiledThu, 14 May, 2026, 06:49 IST·First seen Thu, 14 May, 2026, 06:37 IST·Source CNBC-TV18 · Retail

What happened

Marico · Nuvama's Abneesh Roy sees steady Q4 FMCG updates with 3-4% pricing revival supporting revenue, though input costs and demand destruction remain risks.

Key facts

  • 3-4% price growth

Why this matters

Weaker demand and margin pressure at Dabur/Emami versus resilient peers could open selective bolt-on or portfolio-reshaping opportunities in mid-tier staples.