Conference Call with Marico Ltd. Management and Analysts on Q1FY27 Performance and Outlook. Listen to the full earnings transcript.
Personal Products company Marico announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: In Q1FY27, consolidated revenue from operations stood at Rs 3,957 crore, reflecting a YoY growth of 22.85% from Rs 3,221 crore in Q1FY26 and a QoQ increase of 19.87% from Rs 3,301 crore in Q4FY26. Total Income: The company reported a total income of Rs 4,005 crore for Q1FY27, up 22.22% YoY from Rs 3,277 crore in Q1FY26. It registered a QoQ growth of 19.16% compared to Rs 3,361 crore in Q4FY26. Profit Before Tax (PBT): PBT for Q1FY27 was Rs 790 crore, representing an increase of 20.43% YoY from Rs 656 crore in Q1FY26. On a QoQ basis, PBT surged by 56.75% from Rs 504 crore in Q4FY26. Net Profit for the period: Consolidated net profit reached Rs 652 crore in Q1FY27, marking a YoY growth of 27.09% from Rs 513 crore in Q1FY26 and a QoQ growth of 59.80% from Rs 408 crore in Q4FY26. Total Comprehensive Income: For Q1FY27, total comprehensive income was Rs 665 crore, compared to Rs 499 crore in Q1FY26 and Rs 439 crore in Q4FY26. Earnings Per Share (EPS): Basic and diluted EPS for Q1FY27 stood at Rs 4.86 and Rs 4.85, respectively, compared to Rs 3.90 and Rs 3.89 in Q1FY26. Standalone Financial Highlights: Revenue from Operations: Standalone revenue for Q1FY27 was Rs 2,794 crore, a YoY growth of 18.94% from Rs 2,349 crore in Q1FY26 and a QoQ increase of 22.98% from Rs 2,272 crore in Q4FY26. Total Income: Standalone total income stood at Rs 2,847 crore in Q1FY27, recording a marginal YoY growth of 0.89% from Rs 2,822 crore in Q1FY26 and a QoQ growth of 16.78% from Rs 2,438 crore in Q4FY26. Net Profit for the period: The company achieved a standalone net profit of Rs 460 crore in Q1FY27, which was a YoY decline of 40.49% from Rs 773 crore in Q1FY26, but a QoQ growth of 33.72% from Rs 344 crore in Q4FY26. Business Highlights: Segment Performance: India: Revenue for the India segment reached Rs 3,003 crore in Q1FY27, up from Rs 2,483 crore in Q1FY26. Segment results (profit before tax and interest) stood at Rs 580 crore. International: Revenue from international operations was Rs 954 crore in Q1FY27, compared to Rs 738 crore in Q1FY26. Segment results reached Rs 257 crore. Accounting Policy Change: The company has changed its accounting policy to reclassify customer-related advertisement and promotional expenses. These amounts, previously included in expenses, are now netted off from Revenue from Operations. This change has been applied retrospectively across all reported periods. Acquisition of Skinetiq: Effective April 2, 2026, Marico South East Asia Corporation (MSEA) acquired a 75% stake in Skinetiq Joint Stock Company, an entity incorporated in Vietnam. Intra-group Restructuring: The company integrated the business undertakings of its wholly-owned subsidiaries, Apcos Naturals Private Limited ("Just Herbs") and Zed Lifestyle Private Limited ("Beardo"), effective October 1, 2025, and June 29, 2026, respectively. Operations Summary: As of FY26, Marico recorded a turnover of Rs 136.1 billion (USD 1.5 billion). The company touches the lives of 1 out of every 3 Indians through its portfolio of brands, including Parachute, Saffola, Nihar Naturals, and Set Wet. Result PDF