Marico Eyes Rs 15,000 Cr Revenue by FY27

Marico's Managing Director, Saugata Gupta, is confident that the company will reach its target of Rs 15,000 crore in revenue by FY27, a substantial increase of Rs 5,000 crore in just two years.

The flagship Parachute brand achieved a notable feat by maintaining volume growth despite a 60% price surge caused by a 100% increase in copra prices. This resilience highlights the brand's strong consumer trust and market equity.

With copra prices now decreasing by approximately 30-32%, Marico expects Parachute to resume its typical low to mid-single-digit volume growth in FY27. The company also holds a competitive advantage as smaller rivals face supply chain and working capital challenges.

Marico's strategic focus includes moderate growth for Saffola, emphasizing premium products and cold-pressed oils. The foods and digital segments are also anticipated to achieve profitable growth and expand their market presence.

Potential challenges, such as the impact of El Nino on agricultural output and commodity prices in the second half of FY27, are being closely monitored by the company.

Overall, Marico is well-positioned for FY27, with recovering volumes, reduced input costs, and a clear strategy to meet its revenue objectives.