Marico targets Rs 15,000 cr revenue by FY27, Rs 20,000 cr by FY30 on premiumisation
Marico maps a growth path from Rs 10,831 cr in FY25 to Rs 20,000 cr by FY30, leaning on premiumisation, a Rs 1,000 cr foods business and digital-first brands Beardo and Plix. Quick commerce contributes ~5%, digital ~20%, with foods and premium personal care already at ~23% of India revenue.
What happened
Marico targets Rs 15,000 crore revenue in FY27 and Rs 20,000 crore by FY30, driven by premiumisation, foods expansion, digital-first brands (Beardo, Plix) and
Key facts
- Rs 15,000 crore FY27
- Rs 20,000 crore FY30
- Rs 10,831 crore FY25
- Rs 13,611 crore FY26
- Rs 1,100 crore digital-first run rate
- Rs 1,000 crore foods business
- quick commerce ~5%
- digital ~20%
- Foods+Premium Personal Care ~23%
Why this matters
The Rs 1,000 cr foods business plus digital-first acquisitions Beardo and Plix signal continued appetite for premium, high-growth brand M&A to accelerate the FY30 doubling target.
What to watch
- Quarterly foods revenue run-rate vs Rs 1,000 cr milestone
- Domestic volume growth prints and rural demand recovery
- Copra and crude/edible oil input cost trends affecting gross margin
- Digital + quick commerce contribution moving above 25% combined
- EBITDA margin trajectory amid premiumisation mix shift
- Accelerate M&A/tuck-ins in foods and premium personal care to fill Rs 1,000 cr foods gap
- Expand quick-commerce assortment and dedicated smaller packs to lift QC contribution beyond 5%
- Increase A&P behind Beardo/Plix to scale digital brands toward profitability
- Reduce core VAHO/coconut oil dependence share of mix through new launches