Marico Q4 Results FY26: PAT Rs 391 Crore, Revenue Rs 3333 Crore Up 22 Percent, Dividend Up 30 Percent

Marico Q4 results FY26 reported consolidated net profit of Rs 391 crore for the quarter ended March 31, 2026, up 14 percent year on year from Rs 343 crore in Q4 FY25. The Marico Q4 results revenue from operations grew 22 percent year on year to Rs 3,333 crore, significantly ahead of analyst estimates, driven by a sharp recovery in domestic FMCG volumes, strong Hair Oils performance, and international market resilience despite the Middle East supply chain disruptions caused by the Iran-UAE conflict.

The Marico Q4 results management team, led by Group CFO Amarjyoti Barua, highlighted PAT growth of over 30 percent for the full FY26 fiscal year, reinforcing the company’s position as one of India’s most consistent FMCG earnings compounders. The Marico Q4 results board announced a 30 percent increase in the final dividend, signalling strong FY26 free cash flow generation and continued commitment to shareholder returns.

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Marico Q4 FY26 Results at a Glance

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Key Highlights from Marico Q4 results

22 Percent Revenue Growth Ahead of Street in Marico Q4 Results

Marico Q4 results revenue of Rs 3,333 crore surpassing analyst consensus estimates of approximately Rs 3,100 crore was the key beat in the Marico Q4 results quarter. The revenue acceleration was driven by pricing recovery in Parachute coconut oil as copra prices stayed range-bound, strong off-take in Value Added Hair Oils including Nihar Naturals and Parachute Advansed Jasmine, and new product category gains in Foods and Premium Personal Care. Marico Q4 results domestic volume growth was confirmed at mid-to-high single digits, ahead of the broader FMCG sector average.

Full Year FY26 PAT Growth Over 30 Percent Confirmed in Marico Q4 Results

Marico Q4 results management commentary confirmed that FY26 full-year PAT growth exceeded 30 percent year on year, a materially stronger outcome than the guidance of 15 to 20 percent growth provided at the start of FY26. This reflects operating leverage from fixed cost discipline, rural FMCG demand recovery starting Q2 FY26, and international business volume rerouting despite geopolitical headwinds. The Marico Q4 results cap a fiscal year of consistent earnings beats across all four quarters.

What Drove Marico Q4 FY26 Performance

The Marico Q4 results performance was driven by domestic FMCG demand recovery across the Hair Oils, Value Added Hair Oils, and Foods categories. Copra input cost trends remained manageable, supporting Parachute margin expansion. The Saffola and Foods segment benefited from premiumisation-led ASP growth. International markets, particularly Bangladesh and the Middle East, showed resilience with management rerouting volumes from disrupted channels. Digital-first brands under the new venture portfolio also contributed incremental revenue in Marico Q4 results.

Dividend and Capital Allocation

The Marico Q4 results board announced a 30 percent increase in the final dividend for FY26 versus the FY25 payout. This reflects strong operating cash flow generation of Rs 1,200-plus crore in FY26 and management’s confidence in continuing to grow dividends in line with earnings. Marico has been a consistent dividend compounder over the past decade, and the Marico Q4 results dividend announcement reinforces that capital return track record.

Outlook for FY27

Following the Marico Q4 results, FY27 outlook is positive with continued domestic FMCG volume recovery expected to sustain high single-digit growth. International business exposure to Bangladesh and the Middle East remains a watch item given geopolitical volatility, but management has demonstrated effective rerouting capability. New category investments in Skin Care, True Roots, and Foods are expected to contribute incrementally. Analyst consensus targets for Marico following Q4 results range between Rs 650 and Rs 750, implying moderate upside from the current price around Rs 800.

Conclusion

The Marico Q4 results FY26 confirm 14 percent PAT growth to Rs 391 crore, 22 percent revenue growth to Rs 3,333 crore, and a 30 percent dividend increase. Full-year FY26 PAT growth of over 30 percent positions Marico as one of India’s top FMCG performers. The Marico Q4 results demonstrate sustainable revenue and profit growth driven by category leadership in Hair Oils, digital-first brand investment, and international resilience. Track live Marico Q4 results data on the Univest Screener.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Consult a SEBI-registered financial advisor before making investment decisions.

Frequently Asked Questions

What was the Marico Q4 results FY26 net profit?

Marico Q4 results FY26 reported consolidated PAT of Rs 391 crore, up 14 percent year on year from Rs 343 crore in Q4 FY25. FY26 full-year PAT grew over 30 percent, confirming a strong earnings compounding year. The Marico Q4 results board also declared a 30 percent higher final dividend.

What was the Marico Q4 results FY26 revenue?

Marico Q4 results FY26 revenue from operations was Rs 3,333 crore, up 22 percent year on year, driven by Hair Oils, Value Added Hair Oils, Foods, and international business. This was ahead of street estimates and reflects strong domestic FMCG volume recovery.

What dividend did Marico declare in Q4 results FY26?

The Marico Q4 results board announced a 30 percent increase in the final dividend for FY26 compared to FY25, reflecting strong free cash flow generation and management confidence in FY27 earnings growth.

What is the outlook after Marico Q4 results FY26?

Following Marico Q4 results, FY27 outlook remains positive with continued domestic FMCG recovery, new category investments in Skin Care and Foods, and improving international business conditions. Analyst targets post Marico Q4 results range between Rs 650 and Rs 750.

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