The company, which owns popular brands as Saffola, Parachute, and Livon, crossed the Rs. 10,000-crore revenue milestone in the last 2024-25 financial year.

Terming this as an achievement, Mariwala, in the latest annual report of the company, said it is a reflection of the strength of Marico’s brands and innovations, which are a vital lever in the pursuit of purposeful growth.

The company is now gearing up for the next phase of transformation, aiming to achieve the next Rs. 10,000 crore in revenues over the next five years. Even as we celebrate this significant accomplishment, we remain sharply focused on our next horizonscaling towards Rs. 20,000 crore in revenue by 2030 guided by a clear roadmap rooted in innovation, purposeful brand building and operational excellence, said Mariwala while addressing the shareholders. Marico, which was earlier known for edible oils and hair care products, has progressively expanded beyond its traditional strongholds.

Now Marico’s overarching objective is to build and strengthen consumer centric portfolios to cater for the evolving aspirations of a diverse and dynamic demographic, said its Managing Director & Chief Executive Officer, Saugata Gupta. Marico is scaling up its profitable emerging businesses, where it has made strategic investments. It has cultivated a vibrant new-age digital-first portfolio that is progressively stepping up its contribution to both the topline and bottom line each year, said Gupta. With this strategic framework in place, we aspire to be a globally admired digital FMCG company, while reinforcing the competitive moat of our scaled efficiency-led core businesses, he said.

Marico’s foods business, which is primarily under the Saffola brand, and sells oats, honey, noodles, peanut butter, mayonnaise, and ready-to-eat healthy snacks, has surpassed the ₹900 crore mark in FY’25, reaching five times of the FY’20 scale.

“We remain confident of sustaining over 25 per cent growth over the medium term, which would take the business to approximately 8x its FY20 scale, as we continue to enhance profitability within the category,” said Gupta. Marico has structurally expanded gross margins by ~1,000 bps over FY’24 and FY’25, on a cumulative basis, and expects gradual margin expansion as the business scales in the medium term, he said.

Marico’s premium personal care, which includes brands like Beardo, Just Herbs etc, and the personal care portfolio of Plix, also maintained strong momentum in FY’25, driven by the scale-up of our digital-first brands.

Its digital-first portfolio exited FY25 with an annualised revenue run-rate of Rs. 750 crore and now Marico expect this figure to reach 2.5x of the FY24 exit run-rate by FY27, said Gupta.

The composite revenue share of Foods and Premium Personal Care in Marico’s India business stood at 22 per cent in FY’25, with a combined ARR of ~ Rs. 2,000 Crore.We will continue to aggressively diversify the portfolio through these portfolios in line with our medium-term strategic priorities and expect these portfolios to expand to ~25 per cent of domestic revenue by FY27, said Gupta.

These new businesses continue to deliver higher gross margins compared to our core categories, thereby bearing the potential for margin accretion as they scale further.

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Godrej Consumer Products Ltd (GCPL) expects high single-digit value growth for the quarter, driven by volume expansion in its India business. However, the company said its standalone EBITDA margin will likely remain below its normative range. Godrej’s standalone volume growth has been described as “strongly competitive” and sequentially improving. Internationally, its GAUM (Godrej Africa, USA, Middle East) business is expected to post strong double-digit value and volume growth for the second consecutive quarter, while performance in Indonesia may be “flattish” due to intensified competitive pricing.

Dabur India anticipates low-single-digit consolidated revenue growth for Q1, largely impacted by a decline in its beverages portfolio, hit hard by unseasonal rains and a shortened summer season. Operating profit growth is expected to marginally lag revenue growth. However, Dabur’s Home and Personal Care (HPC) segment is expected to perform well, with strong growth projected for brands such as Dabur Red Toothpaste, Odonil, Odomos, and Gulabari, alongside double-digit growth in healthcare products including Dabur Honey, Hajmola, Honitus, and Health Juices. Dabur’s international business is also expected to deliver double-digit constant currency growth.

Marico Ltd, owner of brands such as Saffola, Parachute, Hair & Care, Nihar, and Livon, anticipates modest operating profit growth, citing sequential inflation in raw material costs—particularly copra—which was further impacted by erratic rainfall. While vegetable oil prices eased due to a cut in import duties and crude derivatives remained stable, gross margins remain under pressure due to a high base and a pricing-led high denominator effect. The company noted consistent demand patterns, with rural markets showing signs of recovery and urban demand staying steady. Marico’s international business delivered high-teens constant currency growth, with broad-based gains across markets.

Despite near-term challenges, FMCG companies remain cautiously optimistic. Marico noted that a favourable monsoon, easing inflation, and policy support could help drive recovery in the coming quarters. Meanwhile, organised retail channels, including e-commerce, modern trade, and quick commerce, continued to show robust growth momentum during Q1 FY26.

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