Marico shares will be on investors’ radar as the FMCG firm on Thursday, July 2, said its consolidated revenue for the quarter ended June 30, 2026 (Q1 FY27), is expected to grow in the early twenties, driven by robust broad-based performance across core, digital and international businesses.
The homegrown FMCG company in a regulatory filing said the 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,” it added.
Overall, Marico expects a strong operating profit growth driven by robust business growth and softening in copra prices. The company said its India business further accelerated its growth trajectory, delivering double-digit underlying volume growth and reaching a multi-quarter high.
Among key inputs, the cost of crude-linked derivatives and vegetable oils rose sharply during the quarter, Marico said. Copra prices have corrected meaningfully, down ~45% from peak levels, although they remain above historical averages. Consequently, Marico expects gross margin to improve sequentially.
The company said its ASP investments accelerated substantially as it invested in brand-building initiatives to strengthen the long-term equity of our franchises and drive portfolio diversification.
The international business continued its strong growth momentum with mid-teens constant currency growth led by outperformance in Vietnam and MENA alongside positive contributions from all other markets.
Bangladesh experienced a transient moderation in growth due to price anniversarization and marginal demand softness amidst elevated inflation.
“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,” Marico said.
The company said it aims to deliver sustainable and profitable volume-led growth over the medium term, driven by stronger brand equity in its core franchises and the scaling up of new growth engines across markets.
Segment-wise updates
Its flagship Parachute Coconut Oil brand posted double-digit volume growth, the highest in several quarters, aided by strong brand equity, consumer trust and execution on the ground.
Saffola edible oils registered mid-single-digit revenue growth led by pricing, although volumes declined as the company rationalised supplies of select variants to maintain profitability.
Marico’s “Value Added Hair Oils delivered another robust quarter with revenue growth in the twenties supported by strategic focus on the mid and premium segments”, the company said.
Its Foods and Premium Personal Care portfolios, including digital-first brands, continued to scale up in line with the company’s diversification strategy.
Marico share price
On Thursday, Marico shares settled at ₹856 apiece on the National Stock Exchange, rising 0.59%.
Over the past week, shares of the company have climbed 4%, while they have gained 13% in the last six months. On a year-on-year basis, Marico shares have jumped 20%.
Shares of the firm had hit a 52-week high of ₹858.70 on July 2, 2026, and a 52-week low of ₹690.20 on July 28, 2025.
According to NSE data, as of July 2, 2026, Marico has a total market capitalisation of ₹1.11 lakh crore.