Marico Ltd

The company expects strong momentum through the rest of FY27 after its best domestic volume growth in 20 quarters, aided by easing input costs and improving monsoon conditions.

Calibrated price hikes have helped Indian FMCG companies navigate cost volatility without adversely affecting sales volumes

Marico is targeting ₹15,000 crore revenue by FY27 and ₹20,000 crore by FY30, driven by premiumisation, packaged foods, and global expansion. Strong volume growth, wellness trends, and digital-led plays in markets like Vietnam are key to its next phase of growth.

A 35% drop in copra prices boosts margins and earnings visibility, even as price cuts may weigh on sales growth.

Margins are set to recover sequentially as falling copra prices ease cost pressures, but year-on-year pressure and volatile copra prices could cap gains.

Marico expects demand to rise as GST cuts lift urban packaged-food sales and rural markets stay steady, said MD & CEO Saugata Gupta. GST disruption and high input costs affected the quarter, but easing copra prices and stable volumes support a firmer outlook.

Marico is focused on accelerating growth, after emerging from last year's intense competition made worse by high commodity prices. To tide over these challenges, the FMCG company bolstered its presence among mom-and-pop stores and concentrated on fewer, faster-selling items.