Personal care shines backed by Margo's Naturals' proposition After three quarters of muted growth, JLL's strategy to focus on naturals space has started yielding results with personal care segment outperforming other segments (13.3% growth YoY) in an otherwise lacklustre market. Through its brands Margo soap, Fa, Neem toothpaste, the company has a substantial presence in the naturals' category in a few southern states and West Bengal. With Margo growing at 18% CAGR in the last few years, we believe strong growth will continue due to the structural trend of Naturals'...