MARICONSEMarico Limited· Personal CareMediumNeutral
Announced Tue, 12 May · 17:15 IST

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, copy of transcript of the earnings conference call held on Tuesday, May 5, 2026 on the audited financial results and operations of the Company for the quarter and financial year ended March 31, 2026, is enclosed. The said transcript is also available on the Company s website.

Mgmt Guided Margin ImprovementAnalyst Day Multiyear TargetsInvestor Communications View source PDF

MARICO · price

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AI summary

Marico Limited hosted its Q4 FY26 earnings call where MD & CEO Saugata Gupta and Group CFO Pawan Agrawal discussed strong performance. The company delivered multi-year highs in volume growth for India business and consolidated revenue. Parachute coconut oil showed resilience with low single-digit volume growth despite prior pricing pressures, as copra prices corrected ~35% from peak levels. Value Added Hair Oils delivered robust ~20% volume growth with market share gains, while the Foods portfolio crossed INR1,000 crores revenue. Premium Personal Care (digital-first brands) reached INR1,100+ crores ARR. For FY27, management guided for high single-digit volume growth in India, mid-teen constant currency growth internationally, targeting INR15,000 crores consolidated revenue and high-teen EBITDA growth. By FY30, the company aims to reach INR20,000 crores revenue with mid-teen EBITDA growth, while reducing commodity-linked business share from 70% to 50%.

Likely market impact

The earnings call reveals Marico's confident outlook with margin expansion guidance of ~150 bps operating margin improvement for FY27, backed by copra tailwinds and portfolio premiumization. Management sees competitive advantage over smaller players due to supply chain resilience amid geopolitical volatility.