Marico MD Saugata Gupta says the company is on track for double digit revenue growth, aiming to reach Rs 15,000 crore by FY27. He points to Parachute’s continued resilience even as prices rose and input costs eased. Value added hair oils and foods are driving diversification, while Saffola’s premium push targets profitable growth as Marico keeps a close watch on El Nino risks.
Marico MD and CEO Saugata Gupta says large consumer goods firms are better equipped to ride out current market volatility, while smaller rivals face steeper pressure. He expects supply shocks and inflation cycles to further widen this competitive gap, even if overall demand stays steady. Premiumisation, he adds, should help sustain strong volume and revenue growth.
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Marico posted a strong March-quarter performance with 22% revenue growth and 14% profit rising to Rs 391 crore, powered by healthy India volumes and international traction. Despite the top-line surge, margins narrowed due to elevated input costs. The board also declared a Rs 4 dividend, as full-year growth reached a multi-year high.
Marico is retooling its growth strategy, shifting from familiar coconut oil strength toward premium and digital brands. The company is targeting double-digit revenue growth and aims to cross ₹15,000 crore by FY27, supported by higher-margin categories. It expects demand to recover steadily, plans stronger international growth, and is expanding and upgrading its distribution network to carry the momentum.
Marico’s Parachute brand is under pressure after copra prices, the key ingredient for Parachute oil, jumped over 120% in a year. With Parachute contributing about 36% of Marico’s revenue, the spike has created what the company calls its biggest squeeze in history, squeezing margins and raising cost risks across the product line.
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