Marico share price jumps 4.5% after Q4 FY26 results

Share price spikes and marks new highs

Marico Ltd shares jumped sharply in trade after the FMCG company reported a strong March-quarter performance for FY26. In Wednesday’s session, the stock surged around 4.5% and touched a record high on the NSE. The stock opened 2.3% higher at ₹826.20 before climbing to an intraday and record high of ₹843.15. At 10:20 AM, Marico was still trading higher, up 2.1% at ₹824.60. Trading activity was also heavy, with about 2.5 million shares changing hands.

Marico outperforms the FMCG pack despite a sector dip

The rally in Marico stood out against a weaker sector tape. Marico was the top gainer in the Nifty FMCG pack even as the index declined 0.4% during the session. The broader market was stronger, with the Nifty 50 up 152 points or 0.63% at 24,184. The divergence highlighted stock-specific buying following earnings.

Q4 FY26 results: profit and revenue growth in focus

For the March quarter of FY26, the company reported an 18.26% year-on-year rise in consolidated net profit to ₹408 crore, compared with ₹345 crore in the same quarter of the previous fiscal. Consolidated revenue from operations in the quarter stood at ₹3,333 crore, up from ₹2,730 crore a year earlier. Separately, another results summary in the provided material stated consolidated net profit rose 33.3% year-on-year to ₹460 crore in Q4 FY26 from ₹345 crore, while revenue from operations increased 22.1% year-on-year to ₹3,333 crore. The same summary also put total income at ₹3,393 crore versus ₹2,777 crore, and profit before tax at ₹504 crore compared with ₹441 crore.

Full-year FY26 numbers show higher scale

For the full year FY26, Marico reported consolidated net profit of ₹1,813 crore versus ₹1,658 crore in FY25. Consolidated revenue from operations for FY26 was ₹13,611 crore compared with ₹10,831 crore in the preceding fiscal. These full-year figures were part of the earnings context cited alongside the share price move.

How the move played out in another trading session

A separate market update dated May 5, 2026 described Marico shares rising over 3% after quarterly results were announced during market hours. In that session, the stock hit an intraday high of around ₹810 and was last cited near ₹807, up about ₹21 or 2.7% from Friday’s close of ₹785.8. The same update said the stock opened around ₹790-₹793 and traded between ₹788 and ₹796 through the late morning to early afternoon window. It also cited a recovery from ₹776.1 at the end of April to about ₹785.8 by Friday, May 4.

Brokerage view: Motilal Oswal keeps ‘Buy’ and raises the bar

Post results, Motilal Oswal Financial Services Ltd (MOFSL) maintained a ‘Buy’ rating on Marico with a target price of ₹950. The brokerage said the target is based on 50x March 28E EPS, and that it implies a 15% upside from the current market price cited in the report. MOFSL also noted Marico’s Q4 performance was in line and pointed to volume growth of 9%. The brokerage added that Marico’s sustained growth trajectory, diversification of revenue streams, and focus on total addressable market (TAM) expansion support its premium valuation.

Dividend timeline: record date, AGM and payout window

Marico said the record date for determining shareholders eligible for the final dividend will be Thursday, July 30, 2026. The company added that the dividend, if approved by shareholders, will be paid on or before Saturday, September 5, 2026. Another update in the provided text stated the Board recommended a final equity dividend of ₹4.00 per equity share (face value ₹1 each) for FY 2025-26, subject to shareholder approval at the 38th Annual General Meeting scheduled for August 6, 2026.

Key numbers at a glance

Financial snapshot from the provided reports

Market impact and what investors are tracking

The immediate trigger for the record high was the quarterly earnings update and the associated jump in profitability and revenue compared with the year-ago quarter. The strong move also coincided with heavy volumes and relative strength versus the Nifty FMCG index, which was down on the day. Investors are also monitoring the dividend calendar, with the record date, AGM date, and payout timeline already communicated. On the Street, the MOFSL target price and its stated upside from the prevailing price provided an additional support point in the narrative around the stock.

Conclusion

Marico’s stock moved to fresh highs on the back of reported Q4 FY26 growth in profit and revenue, while also attracting attention through a clear dividend timetable. The next key dates in focus are the record date on July 30, 2026 and the AGM on August 6, 2026, with dividend payment due by September 5, 2026 if shareholders approve it.