Godrej eyes 50% growth in AC sales in FY26

With the early onset of summer time season, Godrej Enterprises Group is eyeing 50 per cent growth in air conditioner sales in the upcoming fiscal with an intention to turn out to be among the many prime three gamers in the phase. The corporate on Tuesday launched a brand new vary of merchandise together with sensible air-conditioners.

Kamal Nandi, Enterprise Head & EVP at Home equipment Enterprise of Godrej Enterprises Group stated, “ We have now been on a robust growth trajectory for the previous two years. Final yr, air-conditioner sales grew by 100 per cent plus which was 3 x of the trade. We have now additionally been gaining market share over the previous two years. In FY26, we anticipate to develop sales by 50-60 per cent and be among the many prime three gamers.”

He stated trade can be anticipated to develop at 30-35 per cent over earlier fiscal.

The group on Tuesday ramped up its AC portfolio, together with a premium vary of sensible ACs and in addition introduced its foray into the business AC phase with Cassette ACs and Tower Acs.

Godrej is focussing on its sensible AC phase with a number of new mannequin introductions equivalent to AI-powered know-how, IoT connectivity and WiFi-enabled controls, moreover pushing extra SKUs (Inventory Conserving Models) in the 5-star AC portfolio and excessive cooling capacities spanning to three and 4 ton and new designer fashions.The brand new sensible ACs from Godrej are priced ranging from Rs 42,900 and will probably be obtainable throughout India in authorised shops, and e-commerce platforms.

Godrej goals to general garner 30-35 per cent sales growth for the general equipment enterprise in FY26 with an intention to the touch over Rs 11,000 crore in revenues and count on about half of it to return from the AC enterprise, Nandi added. Its equipment enterprise will finish FY25 with revenues of about Rs 8500 crore.

“From AI powered machines to patented anti-leak know-how, distinctive wooden end ACs to driving Sensible ACs and highly effective business ACs, our endeavour is to fulfill the premium aspirations of our shoppers,” he added.