NSEGeneral Updates2 Jul 2026 · 2 Jul 2026, 04:07 pm

General Updates

Marico Limited · MARICO

✦ AI Summary▲ PositiveResults

Marico Limited has released a quarterly update for Q1 FY 2026-27, highlighting steady demand trends, robust business growth, and a strong operating profit growth driven by investments in brand building initiatives and softening copra prices. The company expects a consolidated revenue growth in early twenties, driven by broad-based performance across its core, digital, and international businesses.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Please find enclosed an update on the operating performance and demand trends witnessed during the quarter ended June 30, 2026.

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marico_02072026160431_seint.pdf

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July 2, 2026 The Secretary, The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange of India Limited, 1st Floor, Phiroze Jeejeebhoy Tower, Exchange Plaza, C-1 Block G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400001 Mumbai – 400051 Scrip Code: 531642 Scrip Symbol: MARICO Sub: Quarterly Update – Q1 FY 2026-27 Dear Sir/Madam, Please find enclosed an update on the operating performance and demand trends witnessed during the quarter ended June 30, 2026. The same will also be made available on the website of the Company shortly. This will be followed by a detailed Information Update once the Board of Directors of the Company approves the un-audited consolidated and standalone financial results for the quarter ended June 30, 2026. Thank you. Yours faithfully, For Marico Limited Vinay M A Company Secretary & Compliance Officer Encl.: As above Quarterly Update: Q1 FY27 This update seeks to provide an overall summary of the operating performance and demand trends witnessed during the quarter ended 30th June 2026. A detailed Information Update will follow this once the Board approves the financial results for Q1 FY27. Demand trends during the quarter remained steady, supported by resilient economic activity. Looking ahead, we remain optimistic about consumption trends, while closely monitoring the evolving inflationary conditions and the impact of El Niño on the monsoon. The India business further accelerated its growth trajectory, delivering double-digit underlying volume growth and reaching multi-quarter high. Parachute Coconut Oil delivered a robust performance touching double-digit volume growth, its highest in several quarters. The brand’s outperformance is reflective of its formidable equity, consumer trust and our sharp execution. Saffola Oils recorded mid-single digit price-led revenue growth, however, volumes declined as we rationalised supply of select variants to maintain threshold profitability in the trade-off with volume growth. Value Added Hair Oils delivered another robust quarter with revenue growth in twenties supported by strategic focus on the mid and premium segments, enhanced direct reach driven by Project SETU and differentiated innovations. Foods and Premium Personal Care (including digital-first brands) continued to scale-up in line with our aspirations, reinforcing the acceleration of our diversification journey. International business continued its strong growth momentum with mid-teens constant currency growth led by outperformance in Vietnam and MENA alongside positive contribution from all other markets. Bangladesh experienced a transient moderation in growth due to pricing anniversarization and marginal demand softness amidst elevated inflation. Consolidated revenue is expected to grow in early twenties, driven by robust broad-based performance across our core, digital and international businesses. Among key inputs, the cost of crude-linked derivatives and vegetable oils rose sharply during the quarter. Copra prices have corrected meaningfully, down ~45% from peak levels, although they remain above historical averages. Consequently, gross margin is expected to improve sequentially. ASP investments accelerated substantially as we invested in brand building initiatives to strengthen the long-term equity of our franchises and drive portfolio diversification. Overall, we expect a strong operating profit growth driven by robust business growth and softening in copra prices. The solid start to the year underscores strategic clarity, strength of our business model and execution rigor - reaffirming our confidence to achieve our full year aspirations. The Company maintains its aspiration of delivering sustainable and profitable volume-led growth over the medium term, enabled by the strengthening brand equity of its core franchises and scale-up of new growth engines across markets. Marico Information classification: Official About Marico: Marico (BSE: 531642, NSE: “MARICO”) is one of India’s leading consumer products companies operating in the global beauty and wellness categories. During FY 2025-26, Marico recorded a turnover of ₹136.1 billion (USD 1.5 billion) through its products sold in India and chosen markets globally. Marico touches the lives of 1 out of every 3 Indians, through its portfolio of brands such as Parachute, Saffola, Hair & Care, Parachute Advansed, Nihar Naturals, Mediker, Pure Sense, Coco Soul, Revive, Set Wet, Livon, Beardo, Just Herbs, True Elements, Plix, Cosmix and 4700BC. The overseas consumer products portfolio contributes to about 24% of the Group’s revenue, with brands like Parachute, Parachute Advansed, HairCode, Fiancée, Herbsindia, Purité de Prôvence, Ôliv, LASHE Superfood, Candid, Caivil, Hercules, Black Chic, Code 10, Ingwe, X-Men, Thuan Phat and Isoplus. Marico Limited Reg Office: 7th floor, Grande Palladium, 175, CST Road, Kalina, Santacruz (East), Mumbai - 400 098 Tel: (91-22) 6648 0480 Fax: (91-22) 2650 0159 Website: www.marico.com E-mail: investor@marico.com CIN: L15140MH1988PLC049208 Websites: www.marico.com, www.maricoinnovationfoundation.org, www.parachuteadvansed.com, www.niharnaturals.com, www.saffola.in, www.setwet.com, www.mylivonmysalon.com, www.beardo.in, www.true-elements.com, www.justherbs.in, www.plixlife.com, www.cosmix.in, www.4700bc.com, www.parachutekalpavriksha.org Marico Information classification: Official