Marico Q1 Results Preview: Analysts Project 21% Revenue Growth Led by Parachute and Saffola
Marico Ltd. is scheduled to release its quarterly financial results on Monday. Analysts project significant growth with revenue expected to reach Rs 3,198.00 crore (21% growth), net profit of Rs 488.00 crore (3% growth), and EBITDA of Rs 650.60 crore (4% growth). The hair oil segment, particularly Parachute coconut oil, and the edible oil segment with Saffola are anticipated to be key growth drivers. Multiple brokerages maintain 'Buy' ratings with target prices ranging from Rs 810.00 to Rs 820.00. However, margin pressure due to high copra prices remains a potential challenge.

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Marico Ltd. , a leading FMCG company, is set to announce its quarterly financial results on Monday, with analysts expressing optimism about the company's performance. The market is eagerly anticipating the results, which are expected to show significant growth in key financial metrics.
Projected Financial Performance
According to Bloomberg estimates, Marico is expected to deliver impressive numbers:
Metric | Projected Value | Growth |
---|---|---|
Revenue | Rs 3,198.00 crore | 21.00% |
Net Profit | Rs 488.00 crore | 3.00% |
EBITDA | Rs 650.60 crore | 4.00% |
EBITDA Margin | 20.30% | - |
Analyst Ratings and Target Prices
Multiple brokerages have maintained a positive outlook on Marico:
- Nuvama, HSBC, and Emkay Global have all issued 'Buy' ratings for the stock.
- Target prices range from Rs 810.00 to Rs 820.00, indicating potential upside.
Growth Drivers
The company's growth is expected to be primarily driven by two key segments:
Hair Oil Segment
- Parachute coconut oil is projected to be a major contributor.
- Nuvama estimates a 26% annual growth in Parachute oil sales.
- Emkay Global is even more optimistic, expecting 29% growth for Parachute with a 33% price growth.
Edible Oil Segment
- Saffola edible oils are anticipated to boost the company's performance.
Potential Challenges
Despite the positive outlook, some challenges may persist:
- Margin pressure could continue due to elevated copra prices, which may impact profitability.
FMCG Sector Outlook
The overall FMCG demand environment is showing signs of recovery, which bodes well for companies like Marico. In fact, Marico has emerged as a top pick among brokerages in the consumer sector, reflecting confidence in its growth prospects and market position.
As investors and analysts await the official announcement, all eyes will be on Marico's ability to meet or exceed these projections, particularly in its key product segments. The results will not only provide insights into Marico's performance but also offer a glimpse into the broader FMCG sector's health in the current economic climate.
Historical Stock Returns for Marico
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.20% | +2.49% | -0.85% | +2.45% | +5.38% | +95.98% |