Marico Targets ₹20,000 Crore Revenue by FY30 on Premium and Digital Push

Marico has outlined an ambitious growth plan to achieve ₹15,000 crore in revenue by FY27 and ₹20,000 crore by FY30, supported by premiumisation, digital-first brands and technology-led expansion.

In its FY26 Annual Report, the Parachute and Saffola maker said it expects its total addressable market to triple by FY30 through portfolio diversification and entry into larger, faster-growing consumer categories.

Marico reported consolidated revenue of ₹13,611 crore in FY26, up from ₹10,831 crore in FY25. The company aims to maintain strong domestic volume growth, deliver double-digit consolidated revenue growth and achieve a mid-teens CAGR in EBITDA.

Digital-first brands are central to its Vision 2030 strategy. The digital portfolio crossed an annualised revenue run rate of ₹1,100 crore in FY26, with brands such as Beardo and Plix turning profitable. Marico expects the portfolio to deliver EBITDA margins in the teens by FY30.

The foods business also crossed ₹1,000 crore in revenue during FY26 and is expected to grow to nearly 15 times its FY20 size by the end of the decade.

Foods and Premium Personal Care currently contribute about 23% of Marico’s India business, with their share expected to increase to nearly one-third by FY30.

Digital commerce is also gaining importance, with quick commerce contributing around 5% and broader digital channels accounting for nearly 20% of domestic sales. Marico said digital is increasingly being used across consumer engagement, innovation and distribution, rather than being viewed only as a sales channel.