I have a interesting observation and I need your inputs.
Based on the annual reports and Investors presentation, both KRBL and LT Foods claim to have market share in branded basmati rice in the range of 30% to 35%
However, KRBL claims to have domestic sales ~3500 Cr (FY23) vs LT calims to have domestic sales of ~ 1750 Cr (FY23).
How is it possible for KRBL to have same market share as LT, but have double sales numbers?
One other question, which regions (North, East, West, South) or States do KRBL dominates in India?
Based on anecdotal evidences, I always see Dawaat dominating…
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