Marico Executive Flags Modest Slowdown in Modern Trade, Eyes Stable Gross Margins
A Marico executive reported a small slowdown in the modern trade channel, highlighting a shift in near-term distribution dynamics. Simultaneously, the executive indicated an aim to sustain gross margins at levels comparable to the previous year in the short term. These remarks reflect the company's focus on balancing channel performance with margin stability. The developments point to a cautious but steady operational stance from the company's leadership.
Marico Records ₹44.33 Crore Block Trade on BSE at ₹866.50 Per Share
Marico recorded a block trade on the BSE involving approximately 511612 shares at ₹866.50 per share, amounting to a total transaction value of ₹44.33 crore. Block trades of this nature typically reflect institutional-level buying or selling activity executed outside the regular exchange order book. The transaction highlights notable volume activity in Marico shares on the BSE.
Marico Targets ₹15,000 Crore Revenue by FY27, Reaffirms ₹20,000 Crore Goal for 2030 with Premium and Digital Push
Marico has announced a revenue target of ₹15,000 crore by FY27 and reaffirmed its ₹20,000 crore goal for 2030. The company is increasingly focusing on premium and digital brands as key growth drivers. These targets reflect Marico's structured approach to scaling its business over the medium and long term.
Marico Records ₹25.30 Crore Block Trade on NSE at ₹829.85 Per Share
Marico Ltd. recorded a block trade on the National Stock Exchange involving approximately 304,855 shares at ₹829.85 per share, aggregating to ₹25.30 crores. Block trades of this nature are typically executed by institutional investors or significant market participants outside the regular order book to minimise market impact.
FSSAI Sends Alerts to Marico for Possible Breaches of Food Safety and Labeling Rules
FSSAI has issued alerts to Marico for possible breaches of food safety and labeling rules, as reported by the Economic Times. The alerts from India's apex food regulatory authority indicate potential compliance concerns for the consumer goods company. The specific products or categories involved and the extent of the alleged violations have not been detailed in the available information. No further regulatory outcomes or company responses have been disclosed at this stage.
Marico Records Rs. 25.44 Crore Block Trade on NSE at Rs. 810.75 Per Share
Marico recorded a block trade on the NSE involving approximately 313,739 shares at Rs. 810.75 per share, with the total transaction valued at Rs. 25.44 crores. Block trades of this scale are typically associated with institutional investors and are publicly disclosed by exchanges to maintain market transparency.
Marico Records ₹57.04 Crore Block Trade on NSE at ₹809.10 Per Share
Marico recorded a block trade on the NSE involving approximately 705,011 shares at ₹809.10 per share, aggregating to a total transaction value of ₹57.04 crores. Block deals of this size are generally associated with institutional participation and are regarded as key indicators of large-scale market activity.
Marico Records ₹46.29 Crore Block Trade on NSE at ₹825.00 Per Share
Marico recorded a block trade on the NSE involving approximately 5,61,094 shares at a price of ₹825.00 per share. The total value of the transaction stood at ₹46.29 crores. Block trades of this nature are generally executed between institutional participants through a dedicated exchange window, separate from the regular order book.
Goldman Sachs Maintains Buy Rating on Marico with ₹860 Target Price
Goldman Sachs maintains its Buy rating on Marico with a ₹860 target price, citing revenue growth above 20% and high-single-digit India volume growth. The brokerage highlighted strong performance in value-added hair oil segment with growth exceeding 20%, while a 35% decline in copra prices is expected to support margins. Recovery in foods and premium personal care segments, combined with strong international growth in high-teens on constant currency basis, supports the positive outlook.
06Apr 26
HSBC Maintains Buy Rating on Marico with Target Price of ₹940
HSBC has maintained its Buy rating on Marico with a target price of ₹940, driven by the company's strong operational performance across key segments. The brokerage highlighted high-single-digit India volume growth, double-digit operating profit growth, and resilient Parachute brand performance with margin recovery. The VAHO segment's impressive growth above 20% YoY and the foods segment's high-teens recovery further strengthen the investment case, making Marico a preferred pick in the consumer staples sector.
Marico Reports Strong Performance Across Domestic and International Operations
Marico reports comprehensive growth across its business portfolio, with domestic India operations delivering strong high single-digit growth and sequential quarterly improvement, while international business sustains strong momentum with high-teen constant currency growth, demonstrating effective diversified operational strategy.
02Apr 26
Marico Expects Gradual Volume Growth Pickup Through FY27
Marico has expressed expectations for a gradual pickup in volume growth continuing through fiscal year 2027. This outlook demonstrates the company's confidence in its medium-term growth prospects and strategic market positioning for sustained business expansion.
A block trade of approximately 442,711 shares of Marico Ltd. was executed on the National Stock Exchange at Rs. 690.00 per share, totaling Rs. 30.55 crores. This transaction highlights substantial investor activity in the FMCG company's stock and may indicate changing positions of large institutional investors or shifts in market sentiment towards Marico.
16Jun 25
Marico Faces Potential Challenges as Global Coconut Oil Prices Surge
Marico Limited, a leading Indian consumer goods company, may face challenges due to a significant rise in global coconut oil prices. Indonesia, the world's top exporter, has seen prices increase by over 10% month-on-month and nearly double year-on-year, reaching $2,741.50 per metric ton. This surge could impact Marico's profit margins, necessitate pricing strategy adjustments, and require supply chain optimization. The company may need to reevaluate its product portfolio and explore alternative sourcing options to mitigate the effects of rising costs.
11Jun 25
Marico Ltd. Sees Significant Block Trade: 501,638 Shares Change Hands
A significant block trade of approximately 501,638 Marico Ltd. shares occurred on the National Stock Exchange. The transaction was executed at Rs. 699.20 per share, totaling Rs. 35.07 crores. This large-scale trade indicates substantial investor activity in Marico's stock, potentially reflecting institutional interest or shifts in large investor holdings. The specific reasons for the trade and the parties involved were not disclosed.
04Jun 25
Marico Expands Portfolio with Saffola Cold Pressed Oils Launch
Marico Limited is launching a new range of cold pressed oils under its Saffola brand, marking its entry into the premium, health-focused segment of the edible oils market. This strategic move aims to meet growing consumer demand for healthier, less processed cooking oils. The expansion is expected to strengthen Marico's position in the premium oils segment, cater to health-conscious consumers, and potentially increase competition in the cold pressed oils market.
05May 25
Marico Sets Ambitious Growth Targets: Double-Digit Revenue and Profit Expansion on the Horizon
Marico Limited has announced strategic growth plans, targeting double-digit revenue and operating profit growth in the upcoming year. The company aims to double its revenue from Rs 10,000 crore to Rs 20,000 crore, although no specific timeline was provided. This ambitious plan suggests Marico may pursue aggressive expansion strategies, including product line expansion, increased market penetration, exploration of new markets, and potential mergers and acquisitions.