Marico Advances Purpose-Led Growth, ESG Roadmap and Community Impact in FY26

Marico’s FY26 report highlights strong revenue growth, digital-first brand momentum, ESG progress, water conservation, circular economy and community impact.

MUMBAI (India CSR): Marico Limited has reported a strong year of purpose-led growth in FY26, combining business performance with deeper investments in sustainability, digital transformation, responsible sourcing and community development. The company said its progress during the year reflected resilience, agility and a long-term commitment to creating value for consumers, communities, investors and other stakeholders.

Strong FY26 Performance

In its Integrated Annual Report 2025-26, Marico said FY26 marked an important milestone in its growth journey. The company delivered consolidated turnover of Rs. 13,611 crore, up 26% year-on-year, while recurring consolidated net profit after tax and minority interest stood at Rs. 1,762 crore, up 11%. Operating margin stood at 17.1%, while return on capital employed was 49.1% and return on equity was 43%.

Marico Chairman Harsh Mariwala said the company’s performance reaffirmed its resilience and clarity of purpose despite input cost volatility and geopolitical developments. He noted that Marico continued to strengthen its core franchises, expand into adjacent categories and build capabilities that improve the quality and sustainability of growth.

Vision 2030 Focus

Marico is advancing towards its Vision 2030 ambition with a focus on strengthening core franchises, scaling high-growth adjacencies, building future-ready digital brands and deepening technological capabilities. The company said it remains guided by its “Fewer, Bigger, Bolder, Faster” philosophy, which aims to sharpen portfolio choices and accelerate profitable growth.

The company is targeting Rs. 20,000 crore in revenue by FY30. Its strategic priorities include growing the core business, expanding foods and premium personal care, scaling digital-first brands, strengthening distribution and embedding AI, analytics and automation into decision-making.

Building a business is not defined by scale alone, but by the clarity of its purpose, the courage to continuously evolve, and the conviction to stay the course with resilience
and responsibility. At Marico, these enduring values are not just anchors, they are catalysts that propel us towards the future. As we delivered a strong performance in FY26, we remained steadfast in shaping a business that is future-ready, purpose-led, and committed to creating sustainable, long-term value for all our stakeholders. – Harsh Mariwala, Chairman

Digital Brands Scale

Marico’s digital-first portfolio continued to gain momentum during the year. The annual report said the portfolio exited FY26 with an annualised revenue run-rate of more than Rs. 1,100 crore, ahead of initial estimates. Beardo and Plix have already turned profitable, and the company expects its total digital-first portfolio to achieve teens EBITDA margin by FY30.

The company said digital is no longer being viewed only as a sales channel. Instead, it is becoming a core capability across demand generation, innovation, go-to-market execution and consumer engagement.

ESG Roadmap Progress

Sustainability remained central to Marico’s FY26 strategy. The company reported meaningful progress against its ESG 2030 Roadmap, which is anchored in climate action, circularity, responsible sourcing, people well-being and governance.

In climate action, Marico achieved an 89.3% reduction in operational greenhouse gas emissions intensity for Scope 1 and Scope 2 emissions against its FY13 baseline. Renewable energy accounted for 77.3% of total energy consumption. Two manufacturing units, Perundurai and Jalgaon, achieved carbon neutrality.

Water Stewardship Gains

Water stewardship remained a major pillar of Marico’s sustainability agenda. The company said it achieved 100% operational water footprint offset through conservation initiatives, cumulatively generating more than 547 crore litres of water conservation potential.

Marico also ensured 100% recycling and reuse of effluents. Two manufacturing units are now Zero Liquid Discharge-certified. Its Jalashay programme created 103 crore litres of water conservation potential in FY26 alone, taking the cumulative total to 547 crore litres.

Circular Economy Push

Marico also advanced its circular economy efforts. The company said 95% of its packaging is now recyclable. It achieved 100% EPR compliance and managed 27,191 metric tonnes of post-consumer plastic waste through certified EPR channels in FY26. PVC content in its packaging portfolio remained below 1%.

The company said its packaging strategy is focused on reducing material intensity, increasing recyclability, using recycled content and supporting scalable recovery systems.

Responsible Sourcing Strengthened

Responsible sourcing also saw significant progress. Marico said 88% of critical suppliers by spend completed Level 1 of its SAMYUT responsible sourcing framework, while 43% completed Level 2 external evaluation. Around 92% of procurement by spend came from local or indigenous sources.

The company also improved traceability of agricultural raw materials by spend from 24% in FY25 to 50% in FY26, helping strengthen climate risk assessment, deforestation-free sourcing and long-term supply chain integrity.

Community Impact Expanded

Marico’s community initiatives continued to focus on farmer empowerment, education, nutrition, livelihood generation and public health. Through the Parachute Kalpavriksha Foundation, the company supported over 2.05 lakh farmers and brought 4.97 lakh acres of farmland under its programmes. The initiative promotes scientific farming practices, soil health, water management and pest control.

Nihar Shanti Pathshala Funwala supported quality education for 2.12 lakh students and 63,498 active teachers in FY26. Marico’s broader community sustenance efforts have positively impacted 3.86 lakh beneficiaries cumulatively.

Purpose-Led Future

Marico said its long-term vision remains focused on profitable growth, stakeholder value creation and meaningful societal impact. The company believes sustainability is not a parallel agenda but a core business imperative.

As it moves towards FY27 and Vision 2030, Marico aims to strengthen growth engines, deepen innovation, expand digital-first brands and accelerate ESG-linked transformation while staying true to its purpose of “Making a Difference.”