NSE:MARICO management interview: Marico Q1 Beats Estimates | MD Saugata Gupta Decodes Growth, Margins & FMCG Demand
Business Today, 2026-08-05. Video: https://www.youtube.com/watch?v=PJ4qo-oUuQk
- Financial and volume performance: Profit grew 27% to ₹652 crore and revenue increased 23% year-on-year in Q1 FY27, supported by an 11% underlying volume growth in India, the highest in roughly 20 quarters.
- Margin and growth outlook: Management expects high single-digit growth for the remainder of the year and EBITDA margins above 20%, aided by copra prices stabilizing 30–35% below their peak.
- Digital brand profitability: The digital portfolio is transitioning into two syndicated platforms (beauty/personal care and food/wellness), targeting 25–30% profitable growth with Beardo achieving double-digit EBITDA and acquisitions like Kosmix and KinTick being margin-accretive.
- International expansion strategy: Following the acquisition of a 75% stake in Vietnam-based KinTick, Marico plans to replicate its digital playbook in emerging e-commerce markets with strong personal care demand, including Vietnam, the UAE, and Saudi Arabia.