CompareFMCG
ITC vs Marico
ITC: 34 reports on results in 90 days, against 14 for Marico.
Latest behind it: FMCG Stocks Face Q2 Earnings Test as Valuations Sit 25% Below Five-Year Average; ITC Sales Seen Down 20%
- ITC
- 62 reports in 90 days
- 56 in the 90 days before; most on results (34)
- Marico
- 22 reports in 90 days
- 17 in the 90 days before; most on results (14)
Free account. New reports on either brand collect on your Following page as they publish.
Side by side
Counts are the reports we hold on each brand: one event counted once, phone and car launches and news outside retail left out. They show where each brand made news, not market share or store totals.
- 17 SeptITC · Kotak adds ITC to large-cap model portfolio, trims Apollo Hospitals and ICICI Bank
- 29 SeptITC acquires 13,445 additional shares in Sproutlife Foods
- 29 SeptITC takes Sproutlife ownership to 100% through secondary share purchase
- 29 SeptITC acquires remaining Yoga Bar stake for ₹645 crore
- 5 OctMarico lifts PLIX stake to 84% with ₹1,012 crore deal; remaining 14% expected in July 2027
- 7 OctMarico's Mariwala said on 28 September innovation and brand leverage built an 80% share of ₹400 crore masala oats
Moves to read first
- FMCG Stocks Face Q2 Earnings Test as Valuations Sit 25% Below Five-Year Average; ITC Sales Seen Down 20%
All-India FMCG volume growth fell to minus 4% in the June 2026 quarter from 6% a year earlier, per Nielsen data.
- Goldman Sachs picks Marico and Tata Consumer as safest FMCG bets ahead of Q2 results
Marico and Tata Consumer draw less than 30% of revenue from rural areas, leaving them less exposed to a monsoon 13% below the long-period average.
- ITC completes Sproutlife acquisition as brands expand into protein
ITC Limited · ITC completed its acquisition of Sproutlife Foods this week and introduced protein products under Aashirvaad and Sunfeast over the last 12 months.
- Marico lifts PLIX stake to 84% with ₹1,012 crore deal; remaining 14% expected in July 2027
Marico acquired a further 24.09% of PLIX parent Satiya Nutraceuticals for ₹1,012.03 crore on October 5, lifting its holding to 84.09%.
- ITC acquires remaining Yoga Bar stake for Rs 645 crore
ITC bought the remaining Yoga Bar stake for Rs 645 crore, taking full ownership of the brand. Moneycontrol reported the transaction on September 29, 2026.
- Marico's Mariwala said on 28 September innovation and brand leverage built an 80% share of Rs 400 crore masala oats
Marico Chairman Harsh Mariwala said at the CII National Leadership Summit in Mumbai that the company holds 80% of the Rs 400 crore masala oats category…
What to watch
ITC ·
Q2 FY27 results: EBITDA margin below Q1's 26.7% (Outlook Business, 31 Jul)What it would mean: Raw-material and packaging suppliers should expect tougher terms as ITC defends its margin.
Marico ·
Q2 FY27 results: EBITDA margin below Q1's 20.7% (NDTV Profit, 6 Oct)What it would mean: Raw-material and packaging suppliers should expect tougher terms as Marico defends its margin.
est. = estimated from how soon after quarter-end the brand's last results came.
Keep tracking them
Every report behind this page
ITC: 62 reports in the last 90 days
- FMCG Stocks Face Q2 Earnings Test as Valuations Sit 25% Below Five-Year Average; ITC Sales Seen Down 20%
- ITC hits 52-week low as Rs 9,437 crore block deal weighs; Citi says 75% of cigarette tax hike passed through
- ITC, Godfrey Phillips, VST seen rebuilding margins in Q2 FY27 as price hikes absorb the 40% GST slab
- Citi upgrades ITC to Buy with Rs 300 target, 17% upside, as cigarette tax hike is largely passed through in prices
- ITC uses AI to optimise about 7,000 campaign line items, built from just three SKUs, several times a day
- ITC shares fall 34% in 2026 as India FPI outflows top Rs 2.5 lakh crore
- ITC market cap falls to ₹3.32 lakh crore after 34% slide in 2026
- ITC completes Sproutlife acquisition as brands expand into protein
- ITC acquires remaining Yoga Bar stake for Rs 645 crore
- ITC takes Sproutlife ownership to 100% through secondary share purchase
- ITC acquires 13,445 additional shares in Sproutlife Foods
- ITC expands Aashirvaad fresh-dairy presence in Eastern India
- ITC expands Aashirvaad Svasti dairy footprint across East India
- ITC raises cigarette prices as excise hike drives downtrading signal
- ITC raises Gold Flake Premium price to ₹135 per 10-cigarette pack
- ITC recovery offers respite, but cigarette tax hike and weak Q1 keep pressure on outlook
- FMCG makers hold prices through festive season as they prioritise volume growth
- 360 ONE retains ITC Buy, sets ₹440 target implying 68% upside
- Kotak adds ITC to large-cap model portfolio, trims Apollo Hospitals and ICICI Bank
- ITC cigarette price hike signals pricing power; UPI fee change flags merchant-cost shift
- ITC shares rise after price hikes in select cigarette brands
- Kotak flags ITC valuation gap as large-cap investor apathy persists
- ITC’s cigarette-tax shock puts its diversification story back under scrutiny
- Systematix flags ITC cigarette volume pressure; prefers Marico, Bikaji and Dodla
- ITC readies fresh-food expansion to Mumbai and Delhi as festive demand stays resilient
- ITC’s ₹360 SoTP case rests on 19% FMCG EBIT CAGR through FY29
- Kotak flags ITC de-merger as a route to unlock value across tobacco and growth businesses
- FMCG brands shrink protein packs to widen affordability
- ITC and rivals push smaller protein packs to bring high-protein snacks below ₹100
- ITC sees steepest FY27 EPS cut among Nifty peers; Titan estimates rise 3%
- ITC pledges to exceed FSSAI norms as it manages cigarette-tax pressure and pursues hotel growth
- Delhi High Court stays FSSAI move to cancel ITC licence over Aashirvaad ‘100%’ claims
- Consumer majors’ export forex earnings rise 29%, outpacing import costs in FY26
- ITC and HUL hit 52-week lows as broker views split on recovery prospects
- JPMorgan sees volume-led consumer staples recovery as ITC weighs on Nifty
- ITC profit falls 22% as India Inc’s Q1 sales surge meets margin pressure
- ITC partners to adopt 100 Andhra Pradesh villages for integrated rural development
- ITC stays below ₹300 as cigarette-tax changes weigh on sentiment
- ITC completes ₹3,500 crore Century Pulp acquisition, lifts paper capacity over 50%
- ITC leans on FMCG and product launches as cigarette tax shock hits earnings
- ITC’s cigarette profit slumps 35% in Q1, while FMCG and packaging cushion the hit
- ITC’s Q1 rally puts FMCG’s near-term risks against India’s consumption upside
- ITC revenue rises 28% as profit falls 27%; shares gain on FMCG and cigarette optimism
- HUL’s Q1 growth outpaces ITC as brokerages weigh margin recovery and dividends
- HDFC Securities includes ITC in broad post-Q1FY27 coverage review
- ITC cigarette volumes hold up after tax hike, easing illicit-trade concerns
- ITC’s cigarette sales slump 22% as tax-led pricing hits volumes; FMCG grows 15%
- ITC, Ather and Urban Company among retail-facing names due to report Q1 results
- Motilal Oswal keeps ITC Neutral at Rs 300 after cigarette earnings miss
- Tax-led cigarette revenue surge masks weaker volumes and profits at India’s top makers
- Cigarette makers see volumes and profits fall in first full quarter after tax hike
- Higher tobacco taxes hit ITC, Godfrey Phillips and VST’s Q1 underlying sales
- ITC Q1 profit falls 16% YoY to ₹4,394 crore
- ITC, Swiggy, Raymond Lifestyle and retail peers enter Q1 FY27 earnings spotlight
- ITC Q1FY27 preview: FMCG growth may not offset cigarette tax-hit margins
- ITC to pay ₹8 final dividend per share between July 24 and 29
- ITC, HUL, Dabur, Swiggy and more line up for Q1FY27 earnings week
- ITC says non-tobacco FMCG revenue has crossed ₹24,000 crore
- ITC redesigns cigarette portfolio after tax hike, earmarks ₹20,000 crore for growth
- ITC agri business doubles revenue to ₹20,300 crore, targets 10 million farmers by 2030
- ITC reworks cigarette portfolio as tobacco taxes rise to about 70%
- ITC targets India’s Rs 8 lakh crore FMCG opportunity with Rs 20,000 crore manufacturing push
Marico: 22 reports in the last 90 days
- Goldman Sachs picks Marico and Tata Consumer as safest FMCG bets ahead of Q2 results
- Marico's Mariwala said on 28 September innovation and brand leverage built an 80% share of Rs 400 crore masala oats
- Marico's cheaper copra lifts margins, but 87% monsoon clouds FMCG's second-half outlook
- JPMorgan keeps Marico at overweight, Rs 915 target implies ~16% upside after Q2 update
- Marico lifts PLIX stake to 84% with ₹1,012 crore deal; remaining 14% expected in July 2027
- Marico launches Parachute Advansed Jasmine campaign on self-expression, with WPP, rolling out nationwide
- Marico expects double-digit Q2 FY27 revenue growth as core franchise volumes and lower copra costs support margins
- Nomura flags 2QFY27 margin pressure for Marico, Tata Consumer and ITC
- Premium edible oils gain buyers as Marico and Tata Consumer expand
- Nuvama retains Buy on Marico, sees 25% upside to ₹1,015
- Marico targets 50% premium portfolio mix by FY30 as foods and beauty scale
- Weak monsoon and West Asia risks cloud July–Sept FMCG demand
- Marico, Godrej and Berger flag manufacturing, R&D as India’s next consumer-growth advantage
- Digital-first portfolios become material FMCG growth engines for Marico, HUL and ITC
- Marico targets ₹15,000 crore revenue by FY27 as premium and digital brands scale
- Marico sees premium hair oils and Parachute pricing supporting FY26 growth
- Marico targets high-single-digit FY27 volume growth after strongest Q1 in five years
- Marico Q1 profit rises 25% to Rs 630 crore; shares slide over 3%
- Marico cuts low-margin Saffola oil supply as it prioritises profitable growth
- Marico flags quick-commerce surge as modern trade and marketplace growth moderates
- Marico, HUL turn digital-first acquisitions into wider retail-growth engines
- Marico targets ₹15,000 crore revenue by FY27, retains ₹20,000 crore Vision 2030 goal
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