Marico profit jumps 31%, flags rising input costs amid West Asia woes
Marico moved higher in a quarterly results development for FY27.
· Economic Times Markets, ET Stocks
Marico has reported a 13% increase in consolidated revenue, driven by strong volume growth in India and international markets. The company highlighted challenges from rising input costs due to geopolitical tensions and adverse weather circumstances. Managing director Saugata Gupta expressed awareness of potential inflation effects, especially in rural areas.
Key facts
- Period
- FY27
The analysis
Marico reported ₹15,000 crore for FY27, with movement of 31%, 13% and -20% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +6.0% on the day at ₹846.80, and has returned -8.3% over three months. It sits 4% below its 52-week high. The fmcg sector has moved -8.7% over the same period, so Marico is running 0.4 points ahead of its peers.
For Marico, the question is how much of this is already reflected in the price and how much re-rates the fmcg peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- Rate decisions ripple straight into banks, NBFCs and every rate-sensitive sector — from real estate to autos.
Market context
- In focus: Marico (MARICO), in FMCG.
- Over three months: Marico -8.3% against FMCG -8.7% (0.4 points ahead).
- Trading well above normal today: Marico at 2.5 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| MaricoMARICO · FMCG | ₹846.80 | +6.0% | +2.2% | -8.3% | -4.4% | 2.5× | — |
FMCG
1M -2.4% · 3M -8.7%
Marico
Prices as of 3 Nov 2026, 09:42 IST. Sector moves are the average of the stocks we track in each sector.
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