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Marico projects strong 25% revenue growth in FY26 as demand strengthens across key categories
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Wednesday, 19 November, 2025, 14 : 00 PM [IST]
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Our Bureau, Mumbai
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FMCG major Marico Ltd is projecting a robust 25% revenue growth in FY26, driven by strong momentum across its core brands, expanding premium portfolios, and rising rural consumption. The upbeat outlook comes at a time when the FMCG sector is gradually recovering from inflation-led sluggishness and margin pressures seen over the past two years.
According to senior company executives, Marico expects broad-based growth across its flagship categories — hair oils, edible oils, and personal care — aided by improved consumer sentiment, stable commodity prices, and strategic innovations. The company has intensified its focus on premiumisation, modern trade, and digital-first brands, which are expected to contribute significantly to its top line.
Analysts say Marico’s confidence stems from steady recovery in rural markets, which account for a significant share of its sales. Government spending on rural development, favourable monsoon distribution, and easing inflation have supported consumption revival in semi-urban and rural pockets. Urban demand remains strong, particularly in value-added hair care and healthy food segments.
Marico’s digital-first brands, including those acquired under its startup investment strategy, are also set to play a larger role in FY26. The company aims to scale brands in categories such as male grooming, skincare, and nutrition, leveraging e-commerce growth and omnichannel expansion.
On the operational front, Marico is expected to benefit from moderated input costs, particularly in key commodities like copra and edible oils. Stable raw material prices are likely to support margin expansion and strengthen cash flows during the year.
Industry experts believe the FMCG player is well-positioned to maintain its growth trajectory. “A 25% revenue projection signals strong confidence, especially in a competitive market,” said a sector analyst. “Marico’s ability to balance value and premium offerings while scaling new-age brands will be crucial.”
With its category leadership, widening distribution network, and renewed consumer demand, Marico is gearing up for one of its strongest financial years in recent times.
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