Prime Minister Narendra Modi's announcement about the rationalisation of GST rates and the simplification of the rate structure will further accelerate the consumption revival, believes Motilal Oswal
Marico Ltd, which is expanding into the healthy food segment with Saffola brand, expects its food business to surpass the edible oil vertical, said the company's Managing Director and Chief Executive Officer Saugata Gupta. Marico, whose foods business has crossed the Rs 900 crore-mark in FY25, is expanding in the segment by introducing Saffola oats, honey, and snacks, among other products, in the fast-growing wellness space. The home-grown FMCG major, which also operates with brands like 'True Elements' and the plant-based nutrition portfolio of Plix, sees a significant opportunity for expansion of TAM (Total Addressable Market), he said. "As far as Saffola is concerned, we continue to grow the foods franchise. And the food franchise is more profitable than the edible oil. The food business does involve a significant TAM expansion," Gupta told PTI. For Saffola oats and masala oats, there is a room to improve penetration, distribution, and it needs to be ramped up further with ...
Dabur, Britannia, and Marico cut or rationalised ad spends in Q1 to protect margins but plan higher investments ahead to boost brands, sales, and market presence
Despite the pressures on profitability most brokerages expect the company to post a double digit revenue growth and a gradual easing of cost inflation towards the end of the year
Marico shares slipped 1.8 per cent in trade, logging an intra-day low at ₹709.7 per share on BSE after posting Q1 results
With the 2025 monsoon tracking above normal and kharif sowing gaining momentum, the brokerage expects these FMCG names to benefit from a broad-based recovery in volumes.
Domestic volumes rose 9 per cent, led primarily by its Saffola brand cooking oils and hair oils
Q1 FY26 company results, Aug 4: Marico, Aditya Birla Capital, Ather Energy, Bosch, Delta Corp, Siemens Energy India, Godfrey Phillips, and Inox India will release their April-June quarter report
At 11:15 AM; BSE FMCG index, the sole gainer among sectoral indices, was up 1 per cent, as compared to 0.5 per cent decline in the BSE Sensex.
ITC Hotels, MRF, Marico, EID Parry and Deccan Cements have rallied up to 87% from their respective calendar year lows, these 5 stocks can potentially gain another 16% from here; suggest tech charts.
Capex to consumption: Emkay Global adjusts investment strategy amid shifting consumption trends across urban and rural India
FMCG major Marico aims to be a Rs 20,000 crore company by 2030 by growing its revenue two-fold in the next five years, says its Chairman Harsh Mariwala. The company, which owns popular brands as Saffola, Parachute, and Livon, crossed the Rs 10,000-crore revenue milestone in the last 2024-25 fiscal. Terming this as an achievement, Mariwala, in the latest annual report of the company, said it is a reflection of the strength of Marico's brands and innovations, which are a vital lever in the pursuit of purposeful growth. The company is now gearing up for the next phase of transformation, aiming to achieve the next Rs 10,000 crore in revenues over the next five years. Even as we celebrate this significant accomplishment, we remain sharply focused on our next horizonscaling towards Rs 20,000 crore in revenue by 2030 guided by a clear roadmap rooted in innovation, purposeful brand building and operational excellence, said Mariwala while addressing the shareholders. Marico, which was earl
Analysts at Religare Broking maintain a bullish stance and recommend continuing with a "buy on dips" strategy, with a strong emphasis on stock selection
The highlight of the quarter was volume growth recovering sequentially and expected to be at 9 per cent in Q1FY26, which is the strong start to the fiscal.
The consumer goods maker forecasts gross margin to remain under "incremental pressure" due to high costs of key raw materials such as copra