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What is the story about?
Shares of Marico
Ltd. were trading about 2% lower on Tuesday, May 5, after the company reported a mixed set of March quarter results.
Domestic volume growth came in at 9%, in line with the upper end of the CNBC-TV18 poll estimate of 8-9%.
Net profit rose 13% year-on-year to ₹391 crore from ₹345 crore, slightly ahead of the poll estimate of ₹386 crore. Revenue increased 22% YoY to ₹3,333 crore, compared to ₹2,730 crore last year, also marginally above the poll expectation of ₹3,325 crore.
EBITDA grew 14% YoY to ₹521 crore from ₹458 crore. However, EBITDA margin contracted to 15.6% from 16.8% a year ago, coming in below the CNBC-TV18 poll estimate of 15.8%.
On the outlook, the company said its India business sustained high single-digit underlying volume growth in Q4 and expressed confidence in maintaining similar momentum in FY27.
Marico expects to deliver healthy volume-led revenue growth, targeting double-digit topline expansion to cross ₹15,000 crore in FY27, along with high-teen EBITDA growth.
The company also recommended a final equity dividend for the financial year 2025-26 of ₹4. The record date for the same has been fixed as July 30, 2026. The dividend, if approved by shareholders will be paid on or before
September 5.
Domestic volume growth came in at 9%, in line with the upper end of the CNBC-TV18 poll estimate of 8-9%.
Net profit rose 13% year-on-year to ₹391 crore from ₹345 crore, slightly ahead of the poll estimate of ₹386 crore. Revenue increased 22% YoY to ₹3,333 crore, compared to ₹2,730 crore last year, also marginally above the poll expectation of ₹3,325 crore.
EBITDA grew 14% YoY to ₹521 crore from ₹458 crore. However, EBITDA margin contracted to 15.6% from 16.8% a year ago, coming in below the CNBC-TV18 poll estimate of 15.8%.
On the outlook, the company said its India business sustained high single-digit underlying volume growth in Q4 and expressed confidence in maintaining similar momentum in FY27.
Marico expects to deliver healthy volume-led revenue growth, targeting double-digit topline expansion to cross ₹15,000 crore in FY27, along with high-teen EBITDA growth.
The company also recommended a final equity dividend for the financial year 2025-26 of ₹4. The record date for the same has been fixed as July 30, 2026. The dividend, if approved by shareholders will be paid on or before
September 5.
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