MUMBAI: When it comes to FMCG bigwigs, Marico isn’t just oiling the wheels, it’s flying on full throttle. Marico has closed FY25 with a consolidated net profit of Rs 1,658 crore, marking a 10 per cent rise over last year’s Rs 1,502 crore. The standalone numbers weren’t far behind either, with net profit at Rs 1,541 crore, reflecting a hefty 43 per cent jump from Rs 1,078 crore in FY24.
Revenue from operations touched Rs 10,831 crore, up from Rs 9,653 crore a year earlier, while other income surged to Rs 208 crore from Rs 142 crore. That’s a total income of Rs 11,039 crore, served up with a generous side of operational efficiency.
The Board, clearly in a generous mood, has recommended a final dividend of Rs 7 per share, bringing the total payout for the year to Rs 10.5 per equity share, including the interim Rs 3.5 disbursed in January.
A major ingredient in this profitable recipe? Cost control. Despite global macro headwinds and raw material volatility, Marico kept total annual expenses at Rs 8,923 crore, managing margins smartly. Advertisement and promotion spends stood at Rs 1,128 crore, a modest increase from Rs 952 crore last year, showing the brand is still playing to win.
Its international business, now contributing about 25 per cent to overall revenue, continues to ride strong tailwinds from Asia and Africa. On the domestic front, flagship brands like Parachute and Saffola, along with digital-first acquisitions like Just Herbs and Plix, helped widen the consumer base and deepen wallet share.
The company also saw major movement on the investment and acquisition front completing the buyout of Apcos Naturals and increasing its stake in Satiya Nutraceuticals (Plix) to 51.38 per cent, transforming it into a majority-owned unit. Marico closed the year with Rs 321 crore in cash and equivalents, up from Rs 228 crore.
Meanwhile, FMCG patriarch Harsh Mariwala, who turns 75 next year, will continue as a Non-Executive Director, with the board approving his continuation under SEBI’s age-related norms. Also onboard for the long haul is Dr K.R. Chandratre, appointed Secretarial Auditor for the next five years.
With strong financials, smart acquisitions and a dividend that’s clearly keeping shareholders happy, Marico seems to have struck the perfect balance between tradition and transformation. In a market often running on fumes, this coconut oil kingpin is proving it’s still very much in its prime.
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