Marico shares spurt 6% on robust Q2 earnings, positive revision in guidance
Marico reported results for FY27.
· Business Standard Mkts
Marico reported a 29.16 per cent rise in consolidated net profit to ₹558 crore in the September quarter of FY27, led by strong volume growth in the domestic market.
Key facts
- Period
- FY27
The analysis
Marico reported ₹558 crore for FY27, with movement of 6% and 29.16% 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 +8.0% on the day at ₹862.05, and has returned -8.3% over three months. It is trading close to its 52-week high, so expectations were already elevated going in. 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.
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 4.6 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| MaricoMARICO · FMCG | ₹862.05 | +8.0% | +2.2% | -8.3% | -2.6% | 4.6× | — |
FMCG
1M -2.4% · 3M -8.7%
Marico
Prices as of 3 Nov 2026, 10:42 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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