This FMCG Major Hits an All-Time High as Company Reports Multi-Quarter High Domestic Volume Growth in Q1 FY27

On Friday, Indian benchmark indices traded higher, with the Nifty 50 index gaining 0.68 per cent to 24,339.85. Amid the broader market strength, Marico share price touched an all-time high of Rs 873 during Intraday trade before easing to Rs 841.40, down 1.50 per cent as of 12:05 PM. The stock witnessed strong investor participation, with 34.90 lakh shares changing hands compared with the 30-day average trading volume of 21.70 lakh shares, following the company's Q1 FY27 business update.

Marico Reports Strong Q1 FY27 Business Update

Marico informed the stock exchanges that its India business delivered double-digit underlying volume growth during the quarter ended June 30, 2026, marking a multi-quarter high. The company stated that detailed unaudited standalone and consolidated financial results will be announced after approval by its Board of Directors.

The company also guided for consolidated revenue growth in the early twenties during Q1 FY27, supported by healthy performance across its domestic business, digital brands and international operations.

Parachute, Saffola and Hair Oils Deliver Healthy Performance

Parachute Coconut Oil recorded double-digit volume growth, its highest in several quarters, driven by strong brand performance and execution.

Saffola Oils reported mid-single-digit revenue growth, supported primarily by pricing actions. The company rationalised the supply of selected variants during the quarter to improve profitability.

The Value Added Hair Oils portfolio continued its strong momentum, reporting revenue growth in the twenties, aided by Project SETU, expansion into premium product segments and new product launches. The Foods and Premium Personal Care portfolio also maintained steady growth during the quarter.
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Lower Copra Prices to Support Margins

Marico stated that copra prices have declined nearly 45 per cent from their peak, although they remain above historical average levels. The company expects the correction in copra prices to improve gross margins sequentially in the coming quarters.

While crude-linked derivatives and vegetable oil prices remained elevated during the quarter, the company expects overall operating profit growth to remain strong, supported by improved business momentum and easing copra costs.

Marico International Business

Marico's international business delivered mid-teens constant currency revenue growth during Q1 FY27, led by strong performances in Vietnam and the Middle East and North Africa (MENA) region. Most international markets reported healthy growth, while Bangladesh experienced a temporary slowdown due to pricing anniversarisation and softer consumer demand.

About Marico

Marico Limited is one of India's leading FMCG companies engaged in the manufacture and marketing of products across hair care, edible oils, healthy foods, skin care, male grooming and premium personal care categories. Its flagship brands include Parachute, Saffola, Nihar, Livon, Set Wet and Beardo.

The company operates in more than 25 countries across Asia and Africa and continues to expand its portfolio through digital-first brands and value-added food products.

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Disclaimer: The article is for informational purposes only and not investment advice.