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Earnings Call

Marico Earnings Call: Key Takeaways

Marico delivered robust FY26 results with 26% revenue growth and 11% PAT growth (excl. one-offs). India volume grew 8%, while international business saw a stellar 20% constant currency growth.

Why this was an Alfa AlertNot a filter event. Results are strong but aligned with management's stated momentum and high-growth aspirations.
Highlights
Revenue growth26% YoY for FY26; 22% YoY for Q4FY26.
MarginsFY26 EBITDA margin at 17.1% (down from 19.7% YoY).
Demand visibilityStable trends; optimistic for gradual improvement.
Management confidenceHigh; targets ₹20k+ topline by 2030.

Growth

Q4FY26 revenue up 22% YoY (₹3,333 cr). FY26 revenue reached ₹13,611 cr with EBITDA growth at 9%.

Outlook

Aiming for ₹15,000 cr revenue in FY27 with double-digit growth and mid-teen EBITDA CAGR by FY30.

Risks

Geopolitical risks in the Middle East impacting costs/supply chains and monsoon trajectory affecting rural sentiment.

Source

Earnings Call filed with NSE, NSE: MARICO. Summary written with AI assistance from the document.

Read the document ↗

Marico Ltd: key numbers

Share price
₹819.00
Market cap
₹1,06,485 Cr
Revenue (annual)
₹13,611 Cr
Net profit (annual)
₹1,762 Cr
P/E (TTM)
56.4×Sector 43.4×
Promoter holding
58.91%-0.02% QoQ
FII holding
23.40%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Marico allotted 18,00,600 equity shares under its ESOP 2016 plan. This includes shares issued to the WEOMA Trust and an eligible employee.

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Marico Limited announced that CRISIL Ratings has reaffirmed its long-term bank loan facilities at CRISIL AAA/Stable and short-term bank loan facilities at CRISIL A1+.