Kolkata: Emami expects Axiom to achieve a top line of Rs 180 crore in the current fiscal, up from a consolidated turnover of Rs 107 crore in 2024-25. The city-based FMCG major, which held a 26.5% stake in Axiom, has entered into a definitive agreement to acquire the remaining 73.5% for Rs 200 crore.
Harsha Vardhan Agarwal, vice-chairman & MD, Emami Ltd, said: "Our growth strategy is centred on building presence in emerging, high-opportunity categories that align with evolving consumer preferences, particularly in the health and wellness space. Our partnership with Axiom over the past two and half years has provided us with valuable insights and strengthened our conviction in this segment."
Axiom's portfolio includes AloFrut beverages, Axiom Jeevan Ras health juices and Mukti Gold beauty products. Apart from AloFrut, which constitutes its mainstay, the company offers mocktails, energy drinks and ayurvedic juices. AloFrut has a strong market presence across general trade and govt institutions.