Marico CEO predicts India FMCG rebound in FY26 on easing inflation, recovering demand
Saugata Gupta expects the FMCG sector to recover this fiscal year as retail inflation cools to 3.16% YoY and food inflation eases to 1.78% in April. With CPI under 4% for three months, Marico targets double-digit revenue growth and stays open to wellness-adjacency acquisitions amid steady rural and improving urban demand.
Marico CEO Saugata Gupta predicts India's FMCG sector will rebound this fiscal year on easing food inflation, steady rural demand and improving urban consumption. Marico targets double-digit revenue growth and remains open to wellness-adjacency acquisitions.
Why this matters
Follows Marico's framing of FMCG as a 'complex battleground' where small brands outpace giants, its push to build the largest D2C arm, and its bet on premium-plus, healthier portfolios alongside HUL.
Retail-company signals steady at 4,164 over the last 90 days.