+
Godrej Consumer to Acquire Muuchstac for Rs 4.49 Bllion in All-Cash Deal
ECONOMY & POLICY

Godrej Consumer to Acquire Muuchstac for Rs 4.49 Bllion in All-Cash Deal

Godrej Consumer Products Ltd (GCPL) has signed a definitive agreement to acquire the FMCG business under the ‘Muuchstac’ brand from Trilogy Solutions through a slump sale for approximately Rs 4.49 billion. The transaction will be completed in two tranches and is structured as an all-cash deal.
In the first tranche, GCPL will pay Rs 2.89 billion for an enterprise value of Rs 3.8 billion. The second tranche, due 12 months later, will be worth about Rs 1.60 billion at an enterprise value between Rs 4 billion and Rs 5 billion, the company said in its stock exchange filing.
Muuchstac is among India’s fastest-growing men’s grooming brands, holding a leading position in the men’s facewash segment. For the 12 months ending September 2025, the business reported revenues of approximately Rs 800 million and EBITDA of around Rs 300 million (adjusted for one-offs).
GCPL said the acquisition is a strategic move to strengthen its personal care portfolio and expand into high-growth, high-margin segments. “We are delighted to welcome Muuchstac to GCPL. The brand’s strong resonance among young consumers and its high profitability make it a powerful addition to our portfolio,” said Sudhir Sitapati, Managing Director and CEO, GCPL.
Founders Ronak Bagadia and Vishal Lohia expressed optimism about the brand’s growth under GCPL, stating they will continue to work closely with the company to expand Muuchstac’s presence in the men’s skincare market.
The Indian facewash market, valued at Rs 60–70 billion, is growing 15–20 per cent annually, driven by increasing skincare awareness and a shift from soaps to specialised cleansing products. Within this, the men’s facewash segment—worth about Rs 10 billion—is expanding at over 25 per cent annually.
In its July–September quarter, GCPL reported a consolidated net profit of Rs 4.593 billion, down 6.5 per cent year-on-year, while net sales rose 4.3 per cent to Rs 38.251 billion. Domestic volume growth stood at 3 per cent, despite the short-term impact of GST transition and inventory adjustments.
Sitapati noted that GCPL continues to gain market share across key categories and recently entered the Rs 30 billion toilet cleaner segment with its new brand ‘Godrej Spic’, launched in select southern states at Rs 79 for 500 ml.

Godrej Consumer Products Ltd (GCPL) has signed a definitive agreement to acquire the FMCG business under the ‘Muuchstac’ brand from Trilogy Solutions through a slump sale for approximately Rs 4.49 billion. The transaction will be completed in two tranches and is structured as an all-cash deal.In the first tranche, GCPL will pay Rs 2.89 billion for an enterprise value of Rs 3.8 billion. The second tranche, due 12 months later, will be worth about Rs 1.60 billion at an enterprise value between Rs 4 billion and Rs 5 billion, the company said in its stock exchange filing.Muuchstac is among India’s fastest-growing men’s grooming brands, holding a leading position in the men’s facewash segment. For the 12 months ending September 2025, the business reported revenues of approximately Rs 800 million and EBITDA of around Rs 300 million (adjusted for one-offs).GCPL said the acquisition is a strategic move to strengthen its personal care portfolio and expand into high-growth, high-margin segments. “We are delighted to welcome Muuchstac to GCPL. The brand’s strong resonance among young consumers and its high profitability make it a powerful addition to our portfolio,” said Sudhir Sitapati, Managing Director and CEO, GCPL.Founders Ronak Bagadia and Vishal Lohia expressed optimism about the brand’s growth under GCPL, stating they will continue to work closely with the company to expand Muuchstac’s presence in the men’s skincare market.The Indian facewash market, valued at Rs 60–70 billion, is growing 15–20 per cent annually, driven by increasing skincare awareness and a shift from soaps to specialised cleansing products. Within this, the men’s facewash segment—worth about Rs 10 billion—is expanding at over 25 per cent annually.In its July–September quarter, GCPL reported a consolidated net profit of Rs 4.593 billion, down 6.5 per cent year-on-year, while net sales rose 4.3 per cent to Rs 38.251 billion. Domestic volume growth stood at 3 per cent, despite the short-term impact of GST transition and inventory adjustments.Sitapati noted that GCPL continues to gain market share across key categories and recently entered the Rs 30 billion toilet cleaner segment with its new brand ‘Godrej Spic’, launched in select southern states at Rs 79 for 500 ml.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code