MAM
Muthoot Group celebrates ‘Blue Soch’ through special film
MUMBAI: Muthoot Pappachan Group (MPG), a diversified business conglomerate in the financial services industry and the title sponsor of Kerala Blasters Football Club (KBFC) in the Indian Super League (ISL), has launched a special film celebrating the Blue Soch of the Indian youth, passionate about football. With the theme of ‘play your passion to perfection’, the film communicates the group’s vision of empowering human ambitions and raising the quality of football in the country by nurturing the young talent in India.
MPG has been the title sponsor of the Kerala Blasters Football Club for the past five years now and is associated with the sport in more than one way. Muthoot Pappachan Group also nurtures a football academy by the name of Muthoot Football Academy (MFA) whose objective is to scout and train youngsters that have the passion and skills for football. Located in Kochi, MFA recognises the passion of talented kids and empowers them to achieve their dreams by providing international coaching and training facilities through a curriculum prepared by foreign coaches. All facilities provided to the students are free of cost.
Muthoot Pappachan group director Thomas Muthoot says, “Playing grounds are one of the very few platforms where all the differences of language, religion and culture remain neutral and nothing divides the true spirit of sportsmanship. MPG has always believed in and supported the Blue Soch of individuals who strive to surpass all hindrances to realise their dreams. This special film serves as an affirmation of our credo of ‘empowering human ambitions’. On the same lines, it remains our unwavering resolve to unearth the football talent from the grassroots of the country and assist them to produce the future stars of football for India.”
The film, shot in the untamed picturesque rural locations of Allepy, Kerala, depicts a young group of boys seeking innovative ways against all odds to play football, a sport that they feel so passionate about and are ready to go the extra mile for it.
The enthralling music and the scenic views of the two and a half minutes film take the viewers on a journey to the lush backwaters of the God’s own country. The film exemplifies the aspiration and talent that the Indian youth possesses for football. Seven students from Muthoot Football Academy have acted in the film after undergoing two weeks of rehearsals and training.
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Nestlé India posts Rs 45,641 crore profit before tax in FY26
Strong cash flow of Rs 50,475 crore offsets higher costs, payouts.
MUMBAI: If there’s one thing brewing stronger than coffee this year, it’s Nestlé India’s balance sheet. The FMCG major closed FY26 with a solid financial performance, serving up steady growth even as costs and cash outflows kept the pressure simmering. For the year ended March 31, 2026, the company reported a profit before tax of Rs 45,641 crore, up from Rs 43,161 crore in the previous year. The numbers reflect resilience in core operations, supported by a strong consumption backbone across domestic and export markets.
Cash, meanwhile, was anything but idle. Nestlé India generated Rs 50,475 crore in net cash from operating activities, a sharp jump from Rs 29,345 crore last year highlighting robust underlying demand and improved working capital efficiency. Inventory reductions alone contributed Rs 2,809 crore, while trade payables rose by Rs 5,878 crore, adding further liquidity support.
But it wasn’t all smooth sailing. On the investing side, the company deployed Rs 8,297 crore towards property, plant and equipment, even as overall investing cash outflow stood at Rs 6,236 crore. Financing activities saw a significant drain, with Rs 31,794 crore flowing out driven largely by dividend payouts of Rs 23,139 crore and repayment of short-term borrowings.
The balance sheet tells a story of expansion with caution. Total assets rose to Rs 1,31,824 crore from Rs 1,21,933 crore, while equity climbed to Rs 51,569 crore, reflecting improved reserves and retained earnings. Cash and cash equivalents surged to Rs 13,205 crore, a sharp rise from Rs 761 crore a year ago, underscoring stronger liquidity despite heavy outflows.
Operationally, depreciation and amortisation expenses increased to Rs 6,992 crore, while finance costs and provisions continued to shape the cost structure. At the same time, working capital movements especially in inventories and receivables played a key role in boosting cash generation.
The broader takeaway? Nestlé India’s FY26 performance is less about headline growth and more about financial muscle. With strong cash flows cushioning rising investments and payouts, the company appears to be balancing expansion with discipline keeping its books as carefully measured as its recipes.
