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Marico has signed definitive agreements to acquire a majority stake in digital-first wellness brand Cosmix Wellness, valuing the company at ₹375 crore and strengthening its health portfolio
Marico sees stable consumption, margin recovery and strong foods growth, with CEO Saugata Gupta bullish on premiumisation and the 4700 BC acquisition
Marico reported consolidated revenue growth of about 27 per cent year-on-year (Y-o-Y) in Q3FY26, broadly in line with expectations.
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In the third quarter of the current financial year, Marico recognised a one-time impact of ₹6 crore on gratuity and leave encashment liabilities due to the implementation of new Labour Codes
All-cash deal to be worth ₹226.8 crore
Leading multiplex operator PVR INOX on Monday said it has sold its premium snacking business operating under the 4700BC brand to home-grown FMCG major Marico in an all-cash deal, having a total consideration of Rs 226.8 crore. The board of PVR INOX, in a meeting on Monday, approved divesting its 93.27 per cent stake in Zea Maize Pvt Ltd (ZMPL), which owns the brand 4700BC, according to a regulatory update from the Bijli family-promoted entity. 4700BC is one of India's leading premium gourmet snacking brands, renowned for its popcorn and range of innovative snack offerings such as popped chips, makhana, crunchy corn, and nachos. "PVR INOX has monetised its entire investment in its subsidiary ZMPL to Marico Ltd in an all-cash transaction for a total consideration of Rs 226.8 crore," said a joint statement from PVR INOX and Marico. PVR INOX has entered into definitive agreements for the transfer of the said equity shares to Marico Ltd, it said. "We wish to inform you that a duly ...
In the latest note on the consumer goods sector, Emkay analysts Nitin Gupta and Mohit Dodeja estimated revenue growth of around 6% Y-o-Y & Ebitda growth of about 7% for listed FMCG players in Q3.
Nomura expects Marico's consolidated revenue to rise in the high twenties Y-o-Y in Q3FY26, estimating growth of around 27%, despite a broadly stable demand environment for the FMCG sector.
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FMCG major Marico said its domestic business is expected to post high single-digit volume growth in the October-December quarter, with consolidated revenue growth in the high twenties
Analysts at Choice remain bullish on Mahindra & Mahindra, Marico, and Hindustan Petroleum, assigning 'Buy' ratings to these stocks based on their strong long-term uptrend & solid technical indicators
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As outlined in Marico's FY25 annual report, the company is targeting low-to-mid-teens CAGR in revenue over the next five years, led by a blend of organic and inorganic growth
Nomura sees GCPL, Tata Consumer, Marico, and Britannia as the key near-term winners of the commodity downcycle.
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Marico's digital brands have crossed the Rs 1,000 crore annual recurring revenue mark, and the FMCG major expects food & premium personal care to contribute 25 per cent of its India revenue, its Managing Director and Chief Executive Officer Saugata Gupta said. Marico's digital brands -- including Studio X, Pure Sense, Beardo, and True Elements -- have a diversified portfolio, ranging from premium personal care products to food, and are on a high growth momentum and likely to continue their faster pace, he added. "Our digital brands have crossed Rs 1,000 crore in ARR (annual recurring revenue), and we expect the diversified portfolio...including premium personal care, to contribute at least 25 per cent to our overall India business, over the next three years," Gupta told PTI. Beardo, its men's grooming brand, has almost turned profitable, delivering a double-digit EBITDA, and its D2C wellness brand Plix has achieved break-even, he said. "Our objective is to immediately take it to a
Kunal Kamble, senior technical research analyst at Bonanza, is bullish on Angel One, FSN E-Commerce Ventures, and Marico
Strong top-line growth, resilient volumes, and sustained execution strength kept analysts confident about the company's medium-term outlook, with most brokerages maintaining a 'Buy' or 'Add' rating.