Marico Ltd

Marico Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Marico Ltd

₹ 832 2.13%
07 May - close price
marico.com BSE: 531642 NSE: MARICO
About

Marico Limited is one of India's leading consumer goods companies operating in global beauty and wellness categories. It is present in over 25 countries across emerging markets of Asia and Africa. It nurtures leading brands across categories of hair care, skin care, edible oils, healthy foods, male grooming and fabric care.[1]

Key Points

Product Portfolio
Below are all the product categories that the company caters to in the domestic market and the brands of the company :
1. Coconut Oil - Parachute, Nihar Naturals.
2. Super-premium Refined edible oils - Saffola.
3. Value added hair oils - Parachute advansed, Nihar naturals, Hair & Care.
4. Healthy foods - Saffola oats, Coco Soul. Coconut oil, Saffola FITTIFY Gourmet Range.
5. Premium Hair Nourishment - Livon Serums, Hair & Care.
6. Male Grooming & Styling - Set Wet, Beardo, Parachute.
7. Skin Care - Kaya Youth, Parachute advansed.
8. Hygiene - Mediker, Veggie Clean.
9. Breakfast - True Elements[1][2][3]

Market Share Q3FY24[4]
1 Coconut Oils : MS - 62%, Rank #1
2 Parachute Rigids : MS - 52%, Rank #1
3 Saffola Oats: MS - 41%, Rank #1
4 Value Added Hair Oils : MS - 27%, Rank #1
5 Leave-on Serums : MS - 53%, Rank #1
6 Hair Gels/Waxes/Creams: MS - 52%, Rank #1

Website BSE NSE
  • Market Cap ₹ 1,08,039 Cr.
  • Current Price ₹ 832
  • High / Low ₹ 843 / 680
  • Stock P/E 61.3
  • Book Value ₹ 32.4
  • Dividend Yield 1.26 %
  • ROCE 47.2 %
  • ROE 43.0 %
  • Face Value ₹ 1.00
Edit ratios

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 41.0%
  • Company has been maintaining a healthy dividend payout of 65.1%

Cons

  • Stock is trading at 25.7 times its book value
  • The company has delivered a poor sales growth of 11.1% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Fast Moving Consumer Goods Fast Moving Consumer Goods Agricultural Food & other Products Edible Oil

Part of BSE 500 BSE Fast Moving Consumer Goods BSE 100 BSE 200 BSE Dollex 200

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
2,240 2,477 2,476 2,422 2,278 2,643 2,664 2,794 2,730 3,259 3,482 3,537 3,333
1,847 1,903 1,979 1,909 1,836 2,017 2,142 2,261 2,272 2,604 2,922 2,945 2,812
Operating Profit 393 574 497 513 442 626 522 533 458 655 560 592 521
OPM % 18% 23% 20% 21% 19% 24% 20% 19% 17% 20% 16% 17% 16%
68 46 38 43 15 37 82 42 47 56 49 39 60
Interest 17 17 20 19 17 17 11 13 12 10 12 14 17
Depreciation 43 36 39 42 41 41 41 44 52 45 47 50 60
Profit before tax 401 567 476 495 399 605 552 518 441 656 550 567 504
Tax % 24% 23% 24% 22% 20% 22% 22% 22% 22% 22% 21% 19% 19%
305 436 360 386 320 474 433 406 345 513 432 460 408
EPS in Rs 2.34 3.30 2.73 2.96 2.46 3.58 3.27 3.08 2.65 3.89 3.24 3.44 3.01
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
5,733 6,017 5,918 6,322 7,334 7,315 8,048 9,512 9,764 9,653 10,831 13,611
4,863 4,966 4,759 5,185 6,009 5,846 6,459 7,831 7,954 7,627 8,692 11,283
Operating Profit 870 1,051 1,159 1,137 1,325 1,469 1,589 1,681 1,810 2,026 2,139 2,328
OPM % 15% 17% 20% 18% 18% 20% 20% 18% 19% 21% 20% 17%
59 93 96 85 103 95 107 98 144 142 208 204
Interest 23 21 17 16 40 50 34 39 56 73 53 53
Depreciation 84 95 90 89 131 140 139 139 155 158 178 202
Profit before tax 822 1,029 1,149 1,117 1,257 1,374 1,523 1,601 1,743 1,937 2,116 2,277
Tax % 29% 30% 29% 26% 10% 24% 21% 22% 24% 22% 22% 20%
585 723 811 827 1,131 1,043 1,199 1,255 1,322 1,502 1,658 1,813
EPS in Rs 4.45 5.51 6.19 6.31 8.63 7.91 9.08 9.48 10.07 11.44 12.57 13.57
Dividend Payout % 28% 77% 57% 67% 55% 85% 83% 97% 45% 83% 83% 30%
Compounded Sales Growth
10 Years: 9%
5 Years: 11%
3 Years: 12%
TTM: 26%
Compounded Profit Growth
10 Years: 10%
5 Years: 9%
3 Years: 11%
TTM: 9%
Stock Price CAGR
10 Years: 13%
5 Years: 12%
3 Years: 16%
1 Year: 13%
Return on Equity
10 Years: 38%
5 Years: 39%
3 Years: 41%
Last Year: 43%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 64 129 129 129 129 129 129 129 129 129 129 130
Reserves 1,760 1,888 2,197 2,414 2,846 2,894 3,111 3,219 3,670 3,703 3,846 4,080
428 331 239 312 352 338 511 479 608 528 554 557
873 1,010 1,059 1,217 1,569 1,603 1,675 1,850 2,393 2,993 3,752 5,308
Total Liabilities 3,125 3,358 3,623 4,072 4,896 4,964 5,426 5,677 6,800 7,353 8,281 10,075
1,076 1,050 1,085 1,110 1,300 1,396 1,612 1,760 2,246 2,724 2,758 3,633
CWIP 3 37 11 27 45 58 24 39 67 44 40 85
Investments 284 544 608 543 450 733 854 828 1,096 602 1,590 2,083
1,763 1,727 1,919 2,392 3,101 2,777 2,936 3,050 3,391 3,983 3,893 4,274
Total Assets 3,125 3,358 3,623 4,072 4,896 4,964 5,426 5,677 6,800 7,353 8,281 10,075

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
665 818 649 516 1,062 1,214 2,007 1,016 1,419 1,387 1,363 2,084
-186 -203 -125 59 -367 -22 -933 441 -928 176 -621 -722
-625 -601 -574 -567 -698 -1,147 -1,058 -1,290 -560 -1,542 -649 -1,279
Net Cash Flow -147 14 -51 8 -3 45 16 167 -69 21 93 83
Free Cash Flow 607 731 567 388 919 1,034 1,870 884 1,237 1,234 1,202 1,772
CFO/OP 101% 101% 82% 71% 104% 102% 144% 81% 99% 87% 86% 114%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 11 15 15 20 26 27 18 25 38 40 43 35
Inventory Days 139 110 193 190 147 157 108 106 94 116 93 78
Days Payable 79 80 107 103 98 108 109 101 112 137 103 79
Cash Conversion Cycle 71 46 101 106 74 76 17 30 20 19 33 34
Working Capital Days 18 0 23 37 27 24 -11 5 2 14 16 34
ROCE % 38% 44% 45% 42% 42% 43% 43% 43% 42% 43% 45% 47%

Insights

In beta
Mar 2015 Mar 2018 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Mar 2027 (P)
Coconut Oil Volume Market Share
% ・Standalone data

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India Business Underlying Volume Growth
% ・Standalone data
Value Added Hair Oils Value Market Share
% ・Standalone data
Parachute Coconut Oil Volume Growth
% ・Standalone data
Direct Reach
Lakh Outlets
International Business Constant Currency Growth
%
Total Retail Reach
Lakh Outlets
Foods Portfolio Scaling vs FY20
Multiplier
Digital-First Portfolio Exit ARR
INR Crores
Project SETU Phased Plan (Relative Direct Reach)
Multiplier ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
59.41% 59.40% 59.38% 59.34% 59.28% 59.20% 59.11% 59.05% 59.03% 58.94% 58.93% 58.93%
24.96% 25.91% 25.69% 25.55% 24.61% 24.87% 23.35% 22.09% 23.62% 24.21% 24.02% 24.08%
10.20% 9.50% 9.63% 9.78% 11.10% 11.12% 12.76% 14.12% 12.61% 11.88% 12.23% 12.17%
0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.11% 0.11% 0.13%
5.20% 4.99% 5.12% 5.13% 4.80% 4.61% 4.61% 4.53% 4.51% 4.58% 4.49% 4.49%
0.11% 0.11% 0.08% 0.11% 0.11% 0.11% 0.08% 0.12% 0.12% 0.26% 0.22% 0.19%
No. of Shareholders 3,30,9073,08,0253,16,5793,18,5562,99,1543,02,1833,00,8052,86,7702,88,2182,89,1522,82,2092,87,764

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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