Marico Limited — Investor Meet, 12-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Marico concluded FY26 on a strong note, achieving multi-year highs in India volume growth, International constant currency growth, and consolidated revenue. The Foods business crossed ₹1,000 Cr, and digital-first Premium Personal Care reached ₹1,100 Cr ARR.

Management anticipates a gradual improvement in consumption, guiding for double-digit consolidated revenue (targeting over ₹15,000 Cr) and high-teen EBITDA growth in FY27. Copra prices have corrected significantly, leading to selective pricing actions for Parachute. Value Added Hair Oils posted over 20% volume growth in Q4, expected to sustain double-digit expansion. New acquisitions contribute profitably, with digital brands like Plix improving margins towards double-digits. Marico views current supply chain challenges as a competitive advantage over smaller players.

Sentiment: Management is confident in strategic diversification, operational efficiency, and new businesses driving consistent profitable growth.