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.
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.
Stocks to Watch Today, November 17, 2025: Marico, Glenmark Pharma, FirstCry, Siemens, Dish TV, Alembic Pharma, Cyient, and Websol Energy System are among the top stocks to remain in focus today
Marico reported a slight dip in Q2FY26 net profit despite healthy revenue growth, steady India demand, and strong international business performance
Homegrown FMCG major Marico Ltd on Friday reported a marginal decline in consolidated net profit to Rs 432 crore for the September quarter of this fiscal, as gross margin contracted, on account of high base and inflation in key commodities. It had posted a net profit of Rs 433 crore in the July-September quarter a year ago, according to a regulatory filing by Marico. However, Marico's consolidated revenue from operations rose 30.7 per cent to Rs 3,482 crore in the September quarter of FY'26. It was at Rs 2,664 crore in the corresponding period a year ago. "In Q2FY26, revenue from operations was at Rs 3,482 crore, up 31 per cent year-on-year, with underlying volume growth of 7 per cent in the India business and constant currency growth of 20 per cent in the international business. "Consolidated and India revenue growth stood at multi-quarter highs," Marico said in its earnings statement. Total expenses of Marico increased 35.87 per cent in the September quarter to Rs 2,981 ...
Q2FY26 company results: Firms including Exide Industries, MRF, Siemens, Glenmark Pharma, and Inox Wind are also to release their July-September earnings reports today
Once the go-to safe havens for investors, India’s defensive sectors, FMCG, IT, and Pharma, have stumbled badly this year. But with valuations cooling and earnings stabilising,
Stocks to watch on October 20: Dixon Tech, PNB and IndusInd Bank are among tother top stocks to track today.
Marico's domestic business logged a volume growth of high single digit in the second quarter of the current fiscal, despite facing a transitory impact from the disruption created by the implementation of new GST slabs. However, Marico "expects modest operating profit growth on a year-on-year basis" as it extended discounts on the pipeline inventory to its channel partners during the two weeks leading up to the effective date of the GST rate changes and high commodity prices, the company said in its latest quarter updates. The government announced the Next-Generation (GST 2.0) reforms on September 4, lowering tax on most daily essentials, including food and personal care products, which took effect from September 22. The GST rationalisation has benefited 30 per cent of its India business, which will stimulate demand and help in long-term growth in the FMCG sector, said Marico. "In line with the intent of the government's measures, we have passed on the benefits of revised GST rates
Marico's India volumes are projected to grow 7 per cent Y-o-Y, while domestic pricing gains are estimated at 26 per cent.
It also said that consolidated revenue growth on a year-on-year basis will touch the thirties on the back of pricing interventions and mix improvement, which will help Marico close the first half
In the year-to-date (Y-T-D) period, the Nifty FMCG index has lost 3 per cent, as compared to a rise of around 4 per cent in the Nifty 50, Bloomberg data shows
Heavy rains in Q2FY26 adversely affected seasonal categories such as carbonated drinks, ready-to-drink juices, beer, ice creams, and hair/skin summer care products.
Technical charts show that FMCG shares - ITC, HUL, Nestle India, Colgate-Palmolive and Marico were trading near key support levels; a downside breakout can trigger a fall up to 13% from here.
The Income Tax Department on Wednesday conducted a survey operation at various business premises of the Marico group on charges of tax evasion, official sources said. The action is being undertaken by the Mumbai investigation wing of the department. The tax department teams are scrutinising financial documents and transactions of the company as part of a tax evasion probe, they said. The company could not be contacted immediately for a comment on the I-T action. Marico is one of India's leading consumer goods companies operating in the global beauty and wellness categories. As per a company statement, during the 2024-25 fiscal it recorded a turnover of USD 1.3 billion through its products sold in India and chosen markets in Asia and Africa. As part of a survey operation, the tax department makes a surprise visit at the business premises of the entity under investigation.
Stocks to watch on September 12: M&M, JSW Energy, GMR Power, Marico, JBM Auto, NLC India and JTL Industries among other stocks to track today.
Motilal Oswal continues to favour leading staples companies, including HUL, GCPL and Marico, as beneficiaries of renewed consumption momentum.