
Marico

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About Marico

Marico (BSE: 531642, NSE: “MARICO”) is one of India’s leading consumer goods companies operating in global beauty and wellness categories. During FY23-24, Marico recorded a turnover of INR 96.5 billion (USD 1.2 billion) through its products sold in India and chosen markets in Asia and Africa. Marico touches the lives of 1 out of every 3 Indians, through its portfolio of brands such as Parachute, Saffola, Saffola FITTIFY, Hair & Care, Parachute Advansed, Nihar Naturals, Mediker, Pure Sense, Coco Soul, Revive, Set Wet, Livon, Beardo, Just Herbs, True Elements and Plix. The overseas consumer products portfolio contributes to about 26% of the Group’s revenue, with brands like Parachute, Parachute Advansed, HairCode, Fiancée, Purité de Prôvence, Ôliv, Caivil, Hercules, Black Chic, Code 10, Ingwe, X-Men, Thuan Phat and Isoplus.

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![]() | ![]() Change Company | ![]() Change Company | ![]() Change Company | |
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Overall Rating | 3.9/5 based on 1.4k reviews | 3.9/5 based on 2.3k reviews | 3.9/5 based on 3.2k reviews | 4.0/5 based on 2.4k reviews |
Highly Rated for | Salary Skill development Job security | Work-life balance | Salary Job security | Job security Skill development |
Critically Rated for | Promotions | Promotions | ![]() No critically rated category | ![]() No critically rated category |
Primary Work Policy | Work from office 56% employees reported | Work from office 65% employees reported | Work from office 63% employees reported | Work from office 63% employees reported |
Rating by Women Employees | 3.5 Good rated by 105 women | 4.1 Good rated by 166 women | 3.6 Good rated by 187 women | 3.8 Good rated by 190 women |
Rating by Men Employees | 3.9 Good rated by 1.2k men | 3.9 Good rated by 1.9k men | 3.9 Good rated by 2.9k men | 4.0 Good rated by 2.1k men |
Job security | 3.8 Good | 3.7 Good | 3.8 Good | 4.0 Good |
Marico Salaries
Territory Sales Executive

Teritory Sales Officer

Production Officer

Area Sales Manager

Sales Executive

Area Development Executive

Supply Chain Executive

Senior Production Officer

PSR

Senior Officer

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Improving trends in rural and stable urban sentiment, expect gradual improvement : Marico Q1 FY26 update
- Marico reported improving trends in rural and stable urban sentiment during the first quarter of FY26, with a multi-quarter high in volume growth driven by core franchises and new businesses.
- The company aims for sustainable and profitable volume-led growth in the medium term, despite expected gross margin pressures due to factors like copra price inflation and pricing conditions.
- While Parachute saw a slight decrease in volumes, Saffola Oils experienced strong revenue growth, and Value Added Hair Oils showed growth in low double digits.
- Marico's International business achieved high-teens growth, with Bangladesh displaying high-teen growth. Overall revenue growth stood in the low twenties, signaling a strong start towards double-digit growth for the full year.

Open for acquisitions in domestic and international markets; keen on digital-first brands: Marico
- Marico is observing stable consumer sentiment, with good rural demand and improving urban trends, supported by income tax relief benefit in FY26.
- They are confident of exceeding FY25 performance across key strategic imperatives in FY26, aiming for double-digit revenue and profit growth.
- Rural consumption surpassing urban trends, with expectations of gradual recovery in middle-class consumption.
- Marico's food business revenue crossed ₹900 crore in FY26, targeting 25% growth and expansion in newer categories.
- The company is open to acquisitions, focusing on digital-first brands and categories where Saffola has the right to win.
- Margin pressure from raw materials expected to ease in H2, aiming for healthy growth and double-digit profit growth.
- No plans for further price increases if raw material prices decrease as anticipated.
- Mid-to-premium segments showing growth, with expectations of bottom-of-the-pyramid products participating as inflation decreases.
- Marico's digital-first brands aiming for sustainable and profitable growth, focusing on break-even EBITDA margins.
- Continued double-digit growth in quick commerce, with international business growing in double digits and potential for strategic acquisitions in existing markets.
'Add' Marico Shares Maintains ICICI Securities, Sees Double-Digit Revenue Growth Ahead
- Marico shares maintained by ICICI Securities despite a broader consumption slowdown driven by inflation.
- Marico's investments and innovations in various categories have produced strong results.
- Marico strategically expanded into the direct-to-consumer segment through partnerships and acquisitions of brands like Beardo, Just Herbs, True Elements, and Plix.

Marico targets ₹20,000 crore revenue by 2030
- Marico targets to achieve ₹20,000 crore revenue by 2030 through organic and inorganic growth strategies.
- The company's food business crossed ₹900 crore in revenue in FY25, with expectations of 25% growth over the medium term.
- Marico's digital-first portfolio reached ₹750 crore ARR in FY25 and is expected to reach 2.5x of FY24 ARR in FY27.
- Marico is positive about FMCG demand in FY25 and plans to invest in advertising and promotion to drive brand-building and growth.

FMCG companies hiked prices in Q4FY25 to mitigate inflation, expect consumption recovery in FY26
- FMCG companies such as Dabur India and Britannia hiked prices in Q4FY25 to combat inflationary pressures, with Dabur averaging a 3.5% price increase across its product categories.
- India reduced coal imports by 9.2% between April to February 2025, resulting in a Forex savings of ₹53,138 crore.
- Dabur India expects consumption to recover in FY26 with improving macroeconomic conditions, income tax cuts, easing food inflation, and a positive monsoon forecast.
- Marico Ltd also faced margin pressures in Q4FY25 due to input cost inflation but remains optimistic about stable consumer sentiment supported by rural demand and is encouraged by easing food inflation for future consumption trends.

Marico: What should investors do
- Marico stock has delivered decent returns over the last few years but underperformed the Nifty 50 index.
- Trading at 51.4 times its FY26 earnings, Marico faces a premium valuation, prompting a reassessment of risk-reward.
- Strengths of Marico include the nearing profitability of its D2C stable, growth in premium segments, and market share gains.
- In FY25, Parachute coconut oil, Saffola edible oil, and value-added hair oils were top contributors to Marico's revenue.
- Marico's Indian business saw a revenue boost from the food segment, with a significant increase in revenue from packaged foods.
- Geographically, Marico's domestic business contributes around 75% of revenue, with Bangladesh being the largest international contributor.
- Marico's distribution strategy focuses on general trade, with efforts to enhance profitability and channel-specific SKUs.
- Financially, Marico saw revenue and EBITDA growth in FY25, despite margin pressures from input costs and advertising expenses.
- Marico's digital-first brands are working towards achieving double-digit EBITDA levels by FY27, showing growth potential.
- Growth in premium personal care and food segments is expected to bolster Marico's revenue, offsetting demand concerns in mass-market segments.
- Softening input prices may aid gross margin recovery in FY26, but entry at current premium valuation levels suggests a hold rating for investors.

Stocks To Buy Today: Tata Motors, Marico, Federal Bank, Biocon, Aditya Birla Fashion
- Analysts recommend buying Tata Motors, Marico, Federal Bank, Biocon, and Aditya Birla Fashion stocks on Thursday.
- Tata Motors has a buy recommendation with a target price of Rs 759 and a stop loss of Rs 633.
- Marico is advised as a buy at Rs 730, with a target of Rs 783 and a stop loss of Rs 694.
- Federal Bank, Biocon, and Aditya Birla Fashion also have buy recommendations with target prices of Rs 210, Rs 375, and Rs 296 respectively.

Marico Aims To Sustain 7% Volume Growth In FY26
- Marico Ltd. aims to sustain a 7% volume growth in the current financial year, focusing on core portfolio strength, expansion into food and digital businesses, and effective cost management.
- The company's net profit increased by 8% to Rs 343 crore in the quarter ended March, in line with analysts' estimates, despite facing high input cost inflation.
- Marico highlights strong momentum in newer segments like food and digital businesses, with plans to scale up operations and achieve significant contributions by fiscal 2027.
- The outlook for FY26 includes expectations of revenue growth driven by pricing in the first half, while the margin is predicted to improve in the second half with softening input costs and focus on digital and food businesses.

Marico Share Price Jumps As Q4 Meets Estimates, Brokerages Raise Targets
- Marico Ltd.'s share price rose over 5% after posting an 8% rise in fourth-quarter profit, meeting analysts' expectations.
- Brokerages like Jefferies, Goldman Sachs, and Macquarie raised target prices for Marico stock, citing strong execution and growth potential.
- Marico recommended a final dividend of Rs 7 per share for FY2024–25 with a record date set for August 1.
- Analysts are optimistic about Marico's performance, with 31 out of 42 analysts giving a 'buy' rating on the stock, expecting an upside of 3.8%.

Marico Q4 Results Review: Inline; Near Term Ebitda Pressure Likely; Nirmal Bang Maintains 'Hold'
- Marico's Q4 results were in line with expectations, with near-term EBITDA pressure likely.
- Nirmal Bang maintains a 'Hold' rating on Marico and awaits a better entry point.
- Marico reported a 12.2% growth in consolidated revenue in FY25, led by strong performance in Parachute and Saffola Edible Oils.
- Domestic revenue for Marico increased by 23% YoY, with 7% YoY growth in volumes, while international sales grew by 10.7% YoY.


Marico Subsidiaries

Kaya Skin Clinic

Beardo

Sundari
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