Marico

FMCG woes: HUL, Dabur, Godrej Consumer risk up to 15% downside; show charts

As FMCG shares led by Godrej Consumer fell up to 11% on Monday post the volume growth concern; the Nifty FMCG index slipped below its 20-DMA after a two-week struggle; chart hints at further 4.5% dip.

Food inflation to recede, expect double-digit revenue growth in H2: Marico

FMCG major Marico is looking for double-digit growth in the second half of FY25 and expects the prevailing high food inflation to moderate in the next two quarters, which will help revive urban consumption, its MD & CEO Saugata Gupta said. The company, which has already gone for a price hike for its Saffola range, expects a similar action from other FMCG players as prices of raw materials such as coffee, cocoa, and palm oil have gone up. "In the sector, there will be some price increases. If you look at some other input costs for other players, there has been a globally significant increase in the prices of coffee, and cocoa, So there is a little bit of inflation situation and now you are seeing a significant increase in palm oil prices. "So across the sector, there will be some price increase," Gupta told PTI. However, he also pointed out that most of the big-scale FMCG manufacturers would try to absorb a portion of the increase in the commodity prices through various cost ...

Healthy growth outlook, market share gains positive for Marico stock

Parachute coconut oil posted 10 per cent Y-o-Y growth in value with 4 per cent Y-o-Y growth in volume

Marico share rallies 9% as Q2 results beat estimates; profit zooms 20% YoY

The Marico share price rallied after the company posted stronger-than-expected Q2FY25 results, which beat street estimates

Marico Q2 result: Net profit rises 20% to Rs 433 cr, revenue at Rs 2,664 cr

Homegrown FMCG major Marico Ltd on Tuesday reported an increase of 20.27 per cent in consolidated net profit to Rs 433 crore for the September quarter. It had posted a net profit of Rs 360 crore in the July-September quarter a year ago, Marico said in a regulatory filing. Its consolidated revenue from operations was up 7.6 per cent to Rs 2,664 crore during the quarter under review. It was at Rs 2,476 crore a year ago. Total expenses of Marico, which owns popular brands like Saffola, Parachute, Livon, etc, increased 7.65 per cent in the September quarter to Rs 2,194 crore. Marico's total income, which includes other income, was up 9.22 per cent to Rs 2,746 crore. Domestic revenue of the Harsh Mariwala-led company was up 8.02 per cent to Rs 1,979 crore. Similarly, its revenue from the international market was up 6.36 per cent to Rs 685 crore. There is a "sequential uptick in growth in the domestic business" and the "international business continues robust show", said Marico in it

Marico gains 4%; hits new high in weak market on stable volume growth in Q2

Marico said consolidated revenue growth remained in high single digits, as higher realisations in the domestic business was offset by incremental currency headwinds in some overseas markets.

Consolidated revenue growth in Q2 remained in high single-digits: Marico

FMCG firm Marico Ltd on Wednesday said its consolidated revenue growth in the July-September quarter remained in high single-digits, as higher realisations in the domestic business was offset by incremental currency headwinds in some overseas markets during the second quarter of the ongoing fiscal. In its update for the second quarter filed on bourses, Marico said the sector witnessed stable demand trends with rural outperforming urban on a year-on-year basis for the third quarter in a row. "Consolidated revenue growth remained in high single-digits, as higher realisations in the domestic business was offset by incremental currency headwinds in some overseas markets. We expect consolidated revenue growth to move into double-digits in the second half of the year," the company said. Marico said it expects to "deliver double-digit revenue growth in this year". "In view of the higher-than anticipated degree of inflation in copra prices, sharp import duty hike in vegetable oils and ...

Osho Krishan of Angel One recommends buying Marico & JSW Energy on Sept 23

Marico has showcased a strong resurgence from the pivotal support of the previous breakout on the daily time frame chart and has soared to record-high levels.

Double digit growth and rural revival positive for Marico's stock

Marico's Q1FY25 consolidated revenue grew 6.7 per cent Y-o-Y to Rs 2,640 crore, while operating profit rose 9.1 per cent Y-o-Y to Rs 630 crore

Marico resumes normal manufacturing ops at Bangladesh plants; stock up 3%

Marico Bangladesh update news: Marico said the manufacturing operations in the country resumed at normal scale on Monday

Indian firms resuming operations in Bangladesh after protest disruptions

Here are some details of what Indian companies have said about their activities in Bangladesh, where many products made by India-based firms are household names

Majority of retail distributors resume ops in Bangladesh, says Marico

The 'Parachute' hair oil maker gets 44 per cent of its international revenues from the country, where it has a distribution network of more than 770,000 outlets

LIC Housing, Marico among 4 stocks with short buildup; key levels to track

LIC Housing, Marico, JK Cement and Motherso Sumi have shed up to 15% in the last four days alongside up to 15% increase in open interest, thus suggesting short buildup at these counters.

Adani Power to Hero MotoCorp: India Inc cautious with Bangladesh on boil

Several Indian cos have exposure to riot-hit country

Marico stock dips 4% on profit booking post Q1 results; Bangladesh unrest

Despite of today's decline, in the past six months, Marico has outperformed the market by surging 25%, againsts 10% rise in BSE Sensex and 14% rally in BSE FMCG index.

Crisis in Dhaka: Strategies for stocks of companies related to Bangladesh

Analysts believe, Indian textiles companies are likely to benefit from the Bangladesh turmoil, while that of FMCG and auto may take a hit. Here's a technical outlook on key stocks from these sectors.

Marico Q1 result: Profit rises 8.7% to Rs 464 cr on hair oil demand

Total revenue from operations increased 6.7 per cent to Rs 2,643 crore, marking its biggest growth in more than two years

Foods, premium personal care to contribute 25% revenue by FY27: Marico

FMCG major Marico, which is diversifying its portfolio, expects one-fourth of the domestic revenue to come from foods and premium personal care segments in the next two years by 2026-27, according to its annual report. Besides, Marico expects a "gradual uptick" in the growth of its core categories, helped by improving macro-indicators and the forecast of a normal monsoon. It expects "domestic revenue growth to outpace volume growth from Q1FY25, in light of the upward bias in prices of some of the key commodities". Marico's consolidated revenue growth has moved into "positive territory in Q4 and is expected to trend upwards during the course of FY25", said the company which owns brands such as Sffola, Parachute, Hair & Care, Nihar and Livon etc. For the financial year ended on March 31, 2024, Marico's consolidated turnover was at Rs 9,653 crore, down 1 per cent. Its domestic revenue was Rs 7,132 crore, 3 per cent lower than the last year. As per the strategy, the Mariwala ...

Marico, Apollo Tyres among top picks by Chandan Taparia of MOFSL

The 14 period RSI indicator has turned up from the centreline which indicates upward momentum and the Marico stock has space to move up.

Robust FY25 volume outlook to sustain gains for consumer major Marico

While the company indicated that consolidated revenue growth would be in high single digits, brokerages peg the same at around 7-8 per cent