On this page
ITC to make Yoga Bar maker Sproutlife Foods a subsidiary from April 1, 2026
Our read
Prepare for ITC's distribution muscle behind Yoga Bar from April 2026, meaning expanded shelf presence and tighter integration across health-food categories.
Watch
April 1, 2026 subsidiary effective date and consolidated reporting
The report,
ITC says Sproutlife Foods, maker of Yoga Bar, became its subsidiary effective April 1, 2026, after ITC gained the right to nominate a majority of Sproutlife's board; ITC holds 47.50% on a fully diluted basis. Sproutlife's turnover was Rs 200 crore in FY25, up from Rs 108 crore in FY24.
Why it matters to operators
Board nomination rights with a 47.50% stake show ITC taking control of Sproutlife ahead of full ownership, a template for staged health-food acquisitions.
What to watch next
- Senior management exits at Sproutlife signalling integration strain
- GST rate changes on packaged health foods affecting category pricing
- Competitor responses from Nestle/Mondelez and D2C nutrition brands
- Sproutlife revenue run-rate vs ITC's stated health-FMCG targets
Likely next moves
Our read of what comes next — analysis, not reported by the source.
- ITC consolidates Sproutlife financials and discloses revenue/margin contribution from Q1 FY27
- Cross-listing Yoga Bar SKUs on ITC e-Store and expanding GT placement
- Potential founder earn-out/lock-in clarifications and key-management retention plans
- New product launches in protein/healthy-snacking under ITC nutrition umbrella
The source
First seen