BSECompany Update4d ago · 4 Aug 2026, 03:49 pm
Please find enclosed the Information Update along with an earnings presentation on the un-audited consolidated financial results of the Company for the quarter ended June 30, 2026
Marico Ltd · 531642
✦ AI Summary▲ PositiveResults
Marico Ltd has announced its Q1 FY27 results, showing a strong all-round performance with multi-quarter high volume growth, highest in 20 quarters. Domestic Volume Growth was 11%, International CCG Consolidated Revenue Growth was 25%, and Consolidated PAT grew 17% YoY. The company also reported double-digit volume growth in Parachute and strong momentum in VAHO.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Marico Ltd - 531642 - Information Update For The Quarter Ended June 30, 2026
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August 4, 2026
The Secretary, The Manager,
Listing Department, Listing Department,
BSE Limited, National Stock Exchange of India Limited,
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block G,
Dalal Street, Bandra Kurla Complex, Bandra (East),
Mumbai – 400 001 Mumbai – 400 051
Scrip Code: 531642 Scrip Symbol: MARICO
Sub: Information Update for the quarter ended June 30, 2026
Dear Sir/Madam,
Please find enclosed the Information Update along with an earnings presentation on the un-audited
consolidated financial results of the Company (i.e. Marico Limited and its Subsidiaries) for the quarter ended
June 30, 2026.
The same is being made available on the website of the Company at:
https://marico.com/india/investors#quarterly.
This is for your information and records.
Thank you.
For Marico Limited
Vinay M A
Company Secretary & Compliance Officer
Encl.: As above
Marico Information classification: Official
Q1 FY27 Results
August 2026
Safe Harbour Statement
This Release / Communication, except for the historical information, may contain statements, including the words or phrases such as ‘expects,
anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should’ and similar expressions
or variations of these expressions or negatives of these terms indicating future performance or results, financial or otherwise, which are forward
looking statements. These forward looking statements are based on certain expectations, assumptions, anticipated developments and other
factors which are not limited to, risk and uncertainties regarding fluctuations in earnings, market growth, intense competition and the pricing
environment in the market, consumption level, ability to maintain and manage key customer relationship and supply chain sources and those
factors which may affect our ability to implement business strategies successfully, namely changes in regulatory environments, political
instability, change in international oil prices and input costs and new or changed priorities of the trade. The Company, therefore, cannot
guarantee that the forward-looking statements made herein shall be realized. The Company, based on changes as stated above, may alter,
amend, modify or make necessary corrective changes in any manner to any such forward looking statement contained herein or make written or
oral forward-looking statements as may be required from time to time on the basis of subsequent developments and events. The Company does
not undertake any obligation to update forward looking statements that may be made from time to time by or on behalf of the Company to
reflect the events or circumstances after the date hereof.
Index
01 02 03 04
Operating Performance Outlook Financials
Environment Highlights
Operating Environment
Real GDP Growth Rates (%) Consumer Inflation % Monsoon Trends
10% 6%
1000
5% 800
4% 1%
4 4 4 4 5 5 5 5 6 6 6 6
2 2 2 2 2 2 2 2 2 2 2 2 0%
Y Y Y Y Y Y Y Y Y Y Y Y 700
F F F F F F F F F F F F
1 2 3 4 1 2 3 4 1 2 3 4 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26
Q Q Q Q Q Q Q Q Q Q Q Q -1% 2020 2021 2022 2023 2024 20252026E
Real GDP Actual Rainfall mm
CPI Food Inflation Transport Inflation
Domestic economic activity
Global supply chain disruptions Progression of monsoon remains a
remains resilient supported by
drive uptick in inflation key monitorable
private consumption
Source: MoSPI and IMD
Index
01 02 03 04
Operating Performance Outlook Financials
Environment Highlights
Strong all-round performance; India delivers multi-quarter high volume growth
11% 15% 23%
Highest in 20 quarters
Domestic Volume Growth International CCG Consolidated Revenue Growth
25% 25% 20.7% 25%
Consolidated A&P Consolidated EBITDA Consolidated EBITDA Consolidated PAT
Spends Growth Growth Margin Growth
Highest in 28 quarters Highest in 28 quarters
India Business Revenues up 21% YoY | International Business Revenues up 29% YoY (in INR terms)
2-year CAGR: Volume, Revenue and PAT grew 10%, 23% and 17% respectively
Delivering strong growth consistently, while transforming for tomorrow
India Volume Growth Consolidated Revenue Growth Portfolio Transformation
FY20 FY26 Q1FY27
23% 23%
22% Contribution of Foods & PPC* to India revenues
9% 9% 20%
7% 7%
15% 11% 23% 24%
Contribution from non-Bangladesh portfolio to
International Business revenues
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
50% 55% 59%
FY25 FY25 FY25 FY25 FY26 FY26 FY26 FY26 FY27 FY25 FY25 FY25 FY25 FY26 FY26 FY26 FY26 FY27
*PPC - Premium Personal Care including Digital-first brands
Double-digit volume growth in Parachute; Strong momentum in VAHO
Parachute Coconut Oil Saffola Edible Oils Value Added Hair Oils
(35% of India Revenues) (16% of India Revenues) (18% of India Revenues)
10% 23% High Single 7% 80 bps 22%
Digit Volume
Q1 Volume Growth Q1 Value Growth Q1 Value Growth MAT Value MS Gain Q1 Value Growth
Decline
Highest in 20 quarters
Portfolio contribution is based on TTM
Double-digit growth in Saffola Foods| New acquisitions started on a strong note
₹ 1300+ Crore
Q1 Annualised Revenue Run-rate
Q1 Value Growth
Premium Personal Care (incl. Digital-First) delivers strong performance
Premium Personal Care Digital-First Premium Personal Care
₹ 450+ Crore ₹ 1100+ Crore
Q1 Annualised Revenue Run-rate Q1 Annualised Revenue Run-rate
Project SETU: Driving direct reach, better assortment and sharper execution
FY24 3-Year Phased Plan FY27
1.5x
Direct Reach
Direct Reach
01 02 03
Fit-for-purpose and Better Assortment aiding Drive profitable growth and
fit-for-future GTM Model diversification & premiumization competitive advantage
Visible positive outcomes across Targeted urban expansion across Pan-India rural expansion to drive
urban GT and mid & premium VAHO chemist, cosmetic and specialty food market share growth and
segments outlets penetration
International business sustains growth momentum despite transient headwinds
Bangladesh Vietnam MENA South Africa
4% 27% 24% 8%
Q1 CCG Q1 CCG Q1 CCG Q1 CCG
Strong traction in both male and
Pricing anniversarization and
female personal care | GTM Strong Performance in both Gulf Hair Care continues to lead
transient demand softness due to
transformation, E-Com and Egypt growth
inflation
acceleration
International business delivers 15% CCG in Q1
Index
01 02 03 04
Operating Performance Outlook Financials
Environment Highlights
Near term: Consistently deliver top quartile outcomes across key performance metrics…
India Volume Growth (%) International Business CCG (%)
Mid-Teens
FY25 FY26 FY27E
FY25 FY26 FY27E
Expect to sustain high single-digit (HSD) volume growth in FY27 Expect to deliver mid-teens CCG in FY27
Consolidated Revenue Growth (%) Consolidated EBITDA Growth (%)
Teens CAGR Teens CAGR
FY25 FY27E FY25 FY27E
Expect to achieve double-digit revenue growth to cross Expect to deliver High-teen EBITDA growth in FY27
₹15,000 Cr. in FY27
…backed by sharp execution, strong capabilities and strategic clarity
Copra tailwinds Supply Chain & Higher profit uplift Scaling Premium Institutionalized
Pricing Power of
alleviating other Back-end driven by Foods & Categories in Cost Management
Core Brands
input cost inflation Capabilities PPC* scale-up Overseas Markets Program
Leveraging strong Softening copra Robust sourcing in Tapping synergies Driving scale Structural cost
equity of our prices to mitigate core commodities and economies of across markets savings driven
market leader crude-linked cost & supply chain scale through premium through ‘MarVal’
brands inflation intelligence categories program
*PPC - Premium Personal Care including Digital-first brands
Medium term: Accelerating towards the 20K+ Crore topline Vision by 2030…
Consolidated Revenue Growth (%) Consolidated EBITDA Growth (%)
Mid-teen CAGR
Double-digit CAGR
FY26 FY30E FY26 FY30E
Poised to deliver double-digit revenue CAGR, top-quartile Aspire for mid-teen EBITDA CAGR, driven by operating leverage,
volume growth in India and teens CCG in the International profitable sca
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