Marico Management Guidance Tracker

8 forward-looking guidance items tracked across 2 quarters.

Revenue

Q3 FY26Digital brands revenue target of ₹4,000 Cr by FY30Tracked

All digital-first brands globally to collectively achieve at least ₹4,000 crore top line by FY30.

Q3 FY26Food revenue to reach 9x FY20 levels next yearTracked

Food portfolio revenue expected to be 9 times FY20 levels in FY27.

Q4 FY26FY27 consolidated revenue target of ₹15,000 croreTracked

Management expects double-digit revenue growth to reach approximately ₹15,000 crore in FY27, driven by high single-digit volume growth in India and mid-teens constant currency growth in international business.

Margins

Q3 FY26Digital-first PPC EBITDA margin to reach double-digit by FY27, teens by FY30Tracked

The digital-first personal care portfolio is expected to achieve double-digit EBITDA margins by FY27 and teens by FY30.

Q3 FY264700 BC to become EBITDA positive in 12-18 monthsTracked

4700 BC is targeting EBITDA breakeven within 12-18 months, then mid-to-high single digit margins.

Q4 FY26High-teen EBITDA growth in FY27Tracked

Subject to stable macros, Marico aims to deliver high-teen EBITDA growth, implying ~150 bps operating margin expansion, with gross margin expansion of 300-400 bps.

Q4 FY26Digital business to exit FY27 at double-digit EBITDA marginsTracked

The digital-first portfolio (including Plix, Beardo) is expected to achieve double-digit EBITDA margins by FY27, progressing towards mid-teen margins by FY30.

Growth

Q4 FY26New businesses share to reach 27% of India business by FY27Tracked

The combined revenue share of foods and premium personal care (including digital-first brands) is expected to expand to about 27% in FY27, up from 23% in FY26.