Marico Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Published 25 Aug 2026 | Agricultural Food & other Products | Market Cap: ₹1.1L Cr

India business: Expected to deliver high single-digit volume growth; aiming for another double-digit volume growth quarter in the next 3 quarters. Marico aims to cross INR 15,000 crore in revenue for FY27.

From Marico's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Price

847

Market Cap

₹1.1L Cr

P/E Ratio

58.4

Revenue Rank

Rank 3

Margin Rank

Rank 2

How does Marico rank in Agricultural Food & other Products?

Compare Marico against every Agricultural Food & other Products company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 3Margin: Rank 2
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Marico — Quarterly revenue & net profit

Revenue Net Profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹3.3K Cr, net profit ₹408 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 3
  • India business: Expected to deliver high single-digit volume growth; aiming for another double-digit volume growth quarter in the next 3 quarters.
  • International business: Anticipated mid-teens constant currency growth.
  • Foods portfolio: Strong growth with 43% reported, core Saffola Foods aiming for mid-single-digit volume growth and pivoting more towards food products, which may become the larger part of the portfolio in a few years.
  • Premium Personal Care: Scaling well, with shampoos category targeting near INR100 crores revenue this year.
  • Digital-first portfolio (Beardo, Plix): Continued strong growth with focus on profitable growth and responsible scaling.
  • VAHO segment: Confident to maintain and possibly grow high-teen volume and value growth.
  • Overall revenue: Targeting to cross INR15,000 crores this year with double-digit revenue growth.
  • EBITDA growth: Aspirations of high-teens to 20% growth for the full year with margin expansion.

📈 Profitability & Margins

Rank 2
  • Marico aims to cross INR 15,000 crore in revenue for FY27.
  • The company targets 20% EBITDA growth for the full year, aspiring to hit this high-growth mark.
  • Full-year EBITDA margin expansion is expected around 140 to 150 basis points compared to last year.
  • India business forecasts high single-digit volume growth, while international business targets mid-teens constant currency growth.
  • Long-term vision (Vision 2030) envisions INR 20,000 crore revenues with mid-teens EBITDA CAGR.
  • High-teens EBITDA growth is base guidance, with ambitions to deliver double-digit EBITDA margin expansion.
  • Profit after tax has been compounding at 17% over the last two years.
  • Digital and food portfolios are expected to significantly contribute to profitability improvement.
  • The company remains confident in navigating macro challenges and delivering consistent, profitable, and sustainable value creation.

🏗️ Capital Expenditure Plans

Yes
  • Marico Limited is investing in expanding growth engines by strengthening core categories and wider portfolio participation across consumer cohorts, formats, and channels.
  • The company is actively driving a Go-To-Market (GTM) transformation via Project SETU in India and Vietnam to enhance distribution and execution capabilities.
  • Investments are being made behind technology, including AI analytics and automation, to improve decision-making, visibility, and operational discipline.
  • Significant investment continues in advertising and promotion (A&P), with a 25% growth in A&P in the recent quarter, supporting both core and new products like shampoo.
  • Marico acquired brands such as 4700BC, Cosmix, and overseas brands, with a strategic approach to integrate these under common platforms (BPC and foods) for shared resources and cost efficiencies.
  • The company aims for a INR4,000 crore EBITDA business from digital brands by 2030, indicating ongoing and future strategic capital deployment in digital and adjacent categories.

💰 Fundraising & Capital Structure

No information
  • The document does not mention any current or planned fundraising through debt or equity.
  • There is no indication of new capital raising or funding initiatives in the recent commentary or Q&A.
  • The focus highlighted is on profitable growth, disciplined execution, and leveraging existing resources.
  • Investments are primarily directed towards brand building, distribution expansion, digital initiatives, and tuck-in acquisitions.
  • The company emphasizes maintaining strong financial discipline and does not discuss external fundraising in the available pages.

📋 Order Book & Pipeline

No information
The provided pages from the Marico Limited August 04, 2026 earnings conference call transcript do not contain any specific information regarding the current or expected order book or pending orders. The discussion mainly revolves around: - Financial performance and growth outlook - Volume growth and market share - Supply chain and pricing strategies - Channel performance including general trade, modern trade, and quick commerce - Segment performance such as personal care, foods, and digital brands - Strategic priorities including profitable growth, premiumization, distribution, and digital initiatives - Cost outlook including input costs and tax guidance No references are made to order book status or pending order details in these excerpts. If you need insights on order book or pending orders, additional or specific company disclosures outside this transcript would be required.

Key Metrics

Revenue

Rank 3

Margin

Rank 2

Capex

Yes

Fundraise

No information

Order Book

No information

Frequently Asked Questions

What were Marico Q1 FY27 results?

India business: Expected to deliver high single-digit volume growth; aiming for another double-digit volume growth quarter in the next 3 quarters. Marico aims to cross INR 15,000 crore in revenue for FY27.

What is Marico share price analysis?

Marico currently shows a below-average growth signal. The stock trades at a P/E of 58.4 with a market cap of ₹110,266 Cr. Investors should review the full earnings analysis for detailed insights.

Is Marico planning capital expenditure?

Marico Limited is investing in expanding growth engines by strengthening core categories and wider portfolio participation across consumer cohorts, formats, and channels.

Keep Marico on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

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