Marico Latest Results: High Teen Growth & Better EBITDA Margin Targeted by FY27
Marico has outlined expectations of high teen growth and better EBITDA margins by FY27. The company also anticipates double-digit volume growth in Q2. These targets reflect Marico's confidence in sustaining demand momentum and improving profitability over the near to medium term.
Marico is targeting ₹20,000 crore in annual revenue by 2030 with mid-teens EBITDA growth, while its digital portfolio aims to reach ₹4,000 crore with early to mid-teens EBITDA margins. In the near term, the company forecasts over ₹15,000 crore in annual revenue with a 20% EBITDA growth goal, high teens as the base case. Digital brands Beardo and Plix are showing strong profitability progress, and the international business is expected to deliver mid-teens constant currency growth for the year. Almond Oil is targeted to become a ₹100 crore+ annual franchise by FY28, with the premium personal care shampoo segment aiming for almost ₹100 crore in revenue this year.
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.