Marico Limited has announced an investor and analyst conference call scheduled for Tuesday, May 5, 2026, at 5:30 PM IST. The call will follow the company's Board of Directors meeting on the same day, where financial results for the quarter and year ended March 31, 2026, will be approved. Management will provide commentary on the financial performance and operational highlights during the session.

Conference Call Details

The earnings call will be led by senior leadership including Mr. Saugata Gupta – Managing Director & CEO, and Mr. Pawan Agrawal – Group CFO & CEO - International Business. Mr. Harsh Rungta, Head – Investor Relations, will serve as the call leader. Participants can join via multiple dial-in numbers or access the live webcast.

Access and Registration

Participants are advised to dial in at least 5-10 minutes before the scheduled time to ensure timely connection. To avoid waiting queues, investors can register through the Diamond pass link to receive a passcode for direct access. The audio recording and transcript of the conference call will be subsequently published on the company's website at marico.com/india/investors#quarterly.

Company Overview

Marico is one of India's leading consumer products companies operating in global beauty and wellness categories. During FY24-25, the company recorded a turnover of ₹ 108.3 billion (USD 1.3 billion) through products sold in India and selected markets in Asia and Africa. The company's portfolio includes brands such as Parachute, Saffola, Hair & Care, Livon, Beardo, and True Elements. The overseas consumer products business contributes approximately 25% of the Group's revenue.

Investor Contact

For further information or clarification regarding the conference call, investors may contact Mr. Harsh Rungta, Head – Investor Relations at Marico Limited, via telephone at +91-22-66480200 or email at harsh.rungta@marico.com .

Marico has received a positive assessment from Goldman Sachs, with the global investment bank maintaining its Buy rating and setting a target price of ₹860. The recommendation is backed by strong operational performance across multiple business segments and favorable market conditions.

Strong Revenue and Volume Performance

The company has demonstrated robust financial performance with revenue growth exceeding 20%. Goldman Sachs highlighted the company's ability to achieve high-single-digit volume growth in its India operations, indicating strong demand for its products in the domestic market.

Margin Enhancement Through Cost Benefits

A significant factor supporting Goldman Sachs' positive outlook is the substantial decline in copra prices, which have fallen by approximately 35%. This reduction in raw material costs is expected to provide meaningful margin support for Marico's operations, as copra is a key input for the company's hair oil products.

Product Segment Recovery and Growth

The investment bank noted positive developments across various product categories:

• Value-Added Hair Oil Segment: Achieving growth rates above 20%, demonstrating strong consumer acceptance and market penetration
• Foods Division: Showing signs of recovery after previous challenges
• Premium Personal Care: Experiencing renewed growth momentum

International Business Expansion

Marico's international operations have shown impressive performance, with Goldman Sachs highlighting strong growth in the high-teens on a constant currency basis. This international expansion provides the company with geographic diversification and additional growth avenues beyond the domestic market.

The combination of strong domestic performance, cost advantages from lower raw material prices, segment recovery, and international growth has reinforced Goldman Sachs' confidence in Marico's business prospects, leading to the maintained Buy rating with the ₹860 target price.