Marico targets 2x revenue to Rs 200 billion by FY30 on foods and digital-brand push
Marico aims to double FY25 topline of Rs 108 billion to Rs 200 billion by FY30, driven by VAHO recovery via Project SETU, 25% foods CAGR (oats, honey, millets) and digital-first brands like Beardo, Plix and Just Herbs. GT expansion reaches 1 million direct outlets; Nuvama maintains BUY with Rs 815 target.
Marico targets doubling revenue to Rs 200 billion by FY30, driven by VAHO recovery via Project SETU, foods growth (oats, honey, millets), and digital-first brands. GT expansion reaches 1 million outlets; Nuvama maintains BUY.
Why this matters
Reinforces Marico's stated FY30 doubling ambition seen in recent signals on premium, foods and digital-first bets, building on Harsh Mariwala's Rs 1 lakh crore FMCG empire.
Retail-company signals accelerating at +563400% QoQ.