Marico closed FY26 on a strong note, reporting a 22% year-on-year rise in consolidated revenue to Rs 3,333 crore for Q4 – its highest growth in 14 years. For the full year, revenue stood at Rs 13,611 crore, up 26%, driven by broad-based momentum across both domestic and international markets.
Advertising and promotion spends rose 5% year-on-year in the quarter, reaching Rs 320 crore against Rs 305 crore in Q4 FY25. On an annual basis, the company invested Rs 1,300 crore in A&P – up 15% from Rs 1,128 crore the previous year – signalling sustained confidence in brand-building even as margin pressures persisted. EBITDA grew 14% in Q4, though EBITDA margin dipped to 15.6% year-on-year, reflecting a challenging cost environment.
The India business delivered 21% revenue growth in the quarter, with 9% underlying volume growth. E-commerce and quick commerce continued to outpace other channels, while traditional trade showed meaningful recovery on the back of consistent investment. Value-added hair oils led category performance with 26% growth. The foods portfolio grew 16% and crossed Rs 1,000 crore in annual revenues – a milestone the company had been building toward.
Premium personal care and digital-first brands continued to scale, with Marico’s digital portfolio exiting the year at an annualised revenue run rate of over Rs 1,100 crore.
International operations delivered 19% constant currency growth in Q4 and 20% for the full year, with broad-based gains across markets.
MD & CEO Saugata Gupta attributed the performance to disciplined execution across core categories alongside the accelerating scale of its premium and digital bets.
