Revenue from q Peration has been Rs 3,259 crore compared to Rs 2,643 crore in 23% Yoy Q1fy25, which marks strong topline expansion despite margin pressure.
However, on the operating petting front, EBITDA increased 5% to 655 million, while EBITDA margin has dropped from 23.7% to 20.1% due to elevated input costs, especially in raw materials.
On Monday, Marico’s shares rose 1.8% on BSE to Rs. Closed at 723.15.
After the company’s Q1 results, here is what various brokerage companies said:
Motilal Oswal: Buy | Target Price: 825 rupees
Motilal Oswal has maintained a ‘buy’ rating on Marico with a target price of Rs 825.
The company’s growth scorecard is intact, though the margin redovery is slightly delayed. Rising input costs can affect nearby -term margins, but the view of the second half of the financial year 26 remains positive. Revenue outperformance is ongoing, supported by 9% volume growth. The purpose of Marico is to receive a double-digit stomach CAGR in the next two years and is estimated to deliver 11% PAT CAGR between the financial year 25 and the financial year 28. However, the recent Copra inflation estimates the fiscal year 26 EPS, while the financial year 27 and the financial year 28 EPS estimates are maintained.
Avedus: Buy | Target Price: 832 rupees
Avendes has maintained a ‘bye’ rating on Marico, which has reduced the target price of 810 to Rs 832.
Pay FIRM has improved its revenue estimates for FY 26 and FY 27 by 5%. View factors of nearby tails from priced actions, re-recovery in the wow segment, and continuous traction in non-oil portfolio. Despite the basis of expanding income, the prices of high raw materials are expected to keep the margin under the financial year 26. The EBITDA growth topline is expected to surpass the FY 26, but about 20% of the sharp margins are estimated by the rebound FY27.
Also Read: Tata Investment announces the first -time stock split in a 1:10 ratio; Check the details on the record date
(Connection: The recommendations, suggestions, opinions and opinions provided by experts have their own. This does not represent opinions of economic time)
(Now you can subscribe to our Etmarkets WhatsApp channel)