Marico eyes Rs 15,000 cr revenue by FY27, Rs 20,000 cr by FY30 on premiumisation
Marico sets multi-year revenue targets, banking on premiumisation, digital-first brands, and foods expansion. FY26 revenue at Rs 13,611 cr up from Rs 10,831 cr in FY25. Foods crossed Rs 1,000 cr; digital-first run rate over Rs 1,100 cr; quick commerce ~5% and digital channels ~20% of India sales.
What happened
Marico targets Rs 15,000 crore revenue by FY27 and Rs 20,000 crore by FY30, driven by premiumisation, digital-first brands, foods expansion, and growing
Key facts
- Rs 15,000 crore FY27 revenue target
- Rs 20,000 crore FY30 target
- Rs 13,611 crore FY26 revenue
- Rs 10,831 crore FY25 revenue
- digital-first run rate over Rs 1,100 crore
- foods crossed Rs 1,000 crore
- quick commerce ~5%
- digital channels ~20%
- Foods & Premium Personal Care ~23% of India revenue
Why this matters
The foods expansion and digital-first portfolio ambitions signal appetite for bolt-on acquisitions in premium wellness and D2C brands to accelerate the FY30 revenue target.
What to watch
- Quarterly foods and digital-first run-rate updates vs Rs 1,000cr/Rs 1,100cr base
- Copra and edible-oil input cost trends affecting core margins
- Rural demand recovery and volume growth in Parachute/Saffola
- Q-commerce channel mix share moving beyond 5%
- EBITDA margin guidance and gross margin commentary each quarter
- Accelerate M&A/organic bets in foods and premium personal care to buttress FY30 path
- Increase A&P and influencer spend behind digital-first brands, watch EBITDA margin trajectory
- Negotiate q-commerce terms and build direct-to-consumer to protect margins
- Guide analysts on segment-level growth split (core vs foods vs digital)