NSE:MARICO management interview: Marico’s Next Growth Engine? Saugata Gupta Reveals The Premiumisation & Quick Commerce Play | ET Now
ET Now, 2026-09-04. Video: https://www.youtube.com/watch?v=Xjjt5aAlP9I
- Core portfolio recovery: After copra costs declined 25% to 30% from peak levels, Marico implemented price reductions that returned Parachute to volume growth alongside steady expansion in value-added hair oils and international markets.
- Quick commerce expansion: Growing at over 50%, quick commerce is being leveraged for innovation and premiumisation, with Marico deploying channel-specific SKUs to ensure growth remains incremental rather than cannibalistic.
- Digital brand strategy: Operating under an "Engine 2" model, Marico acquires and incubates digital-first food and personal care brands, partnering with founders for three to four years to build agility and digital capabilities.
- Input cost management: Marico is navigating persistent raw material volatility and crude prices around $90 per barrel through aggressive cost-efficiency programmes while maintaining consistent investments behind brands and talent.
- Portfolio transformation outlook: Over the next three to four years, Marico expects to complete the decommoditisation of its portfolio by expanding penetration in packaged foods and premium personal care.