Marico Ltd
MARICOMarico Ltd
MARICO
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 59.30 | 21.59 | 1.36% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 57.65 | 11.45 | 1.25% |
Forecast & Ratings
Detailed Forecast from 35 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Marico Limited is a consumer products company operating in the beauty and wellness space. The Company's principal products include edible oils and value added hair oils. Company's brands include Parachute, Nihar, Saffola, Hair & Care and Livon.
Peers
Compare with peersGodrej Consumer Products Ltd
Dabur India Ltd
Colgate-Palmolive (India) Ltd
Procter & Gamble Hygiene and Health Care Ltd
Emami Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 6,110.12 | 6,014.10 | 6,944.00 | 8,044.00 | 8,181.00 | 8,956.00 | 10,647.00 | 11,168.00 | 11,236.00 | 9,952.00 | ||||||||||
Raw Materials | 3,010.45 | 2,430.11 | 3,129.00 | 3,627.00 | 3,072.00 | 3,756.00 | 4,992.00 | 4,579.00 | 4,149.00 | 7,741.00 | ||||||||||
| Power & Fuel Cost | 31.06 | 29.32 | 34.00 | 37.00 | 36.00 | 27.00 | 32.00 | 35.00 | 37.00 | |||||||||||
| Employee Cost | 373.40 | 404.18 | 422.00 | 466.00 | 478.00 | 570.00 | 586.00 | 653.00 | 743.00 | |||||||||||
| Selling & Administrative Expenses | 1,120.87 | 1,160.75 | 1,556.00 | 1,701.00 | 1,931.00 | 1,960.00 | 2,364.00 | 2,715.00 | 3,034.00 | |||||||||||
| Operating & Other expenses | 430.16 | 734.16 | 581.00 | 785.00 | 1,100.00 | 947.00 | 894.00 | 1,232.00 | 1,105.00 | |||||||||||
EBITDA | 1,144.18 | 1,255.58 | 1,222.00 | 1,428.00 | 1,564.00 | 1,696.00 | 1,779.00 | 1,954.00 | 2,168.00 | 2,211.00 | ||||||||||
| Depreciation/Amortization | 94.86 | 90.30 | 89.00 | 131.00 | 140.00 | 139.00 | 139.00 | 155.00 | 158.00 | 163.00 | ||||||||||
| PBIT | 1,049.32 | 1,165.28 | 1,133.00 | 1,297.00 | 1,424.00 | 1,557.00 | 1,640.00 | 1,799.00 | 2,010.00 | 2,048.00 | ||||||||||
| Interest & Other Items | 20.62 | 16.58 | 16.00 | 40.00 | 50.00 | 34.00 | 39.00 | 56.00 | 73.00 | 73.00 | ||||||||||
| PBT | 1,028.70 | 1,148.70 | 1,117.00 | 1,257.00 | 1,374.00 | 1,523.00 | 1,601.00 | 1,743.00 | 1,937.00 | 1,975.00 | ||||||||||
| Taxes & Other Items | 317.22 | 350.11 | 303.00 | 143.00 | 353.00 | 351.00 | 376.00 | 441.00 | 456.00 | 457.00 | ||||||||||
| Net Income | 711.48 | 798.59 | 814.00 | 1,114.00 | 1,021.00 | 1,172.00 | 1,225.00 | 1,302.00 | 1,481.00 | 1,518.00 | ||||||||||
| EPS | 5.52 | 6.19 | 6.31 | 8.63 | 7.91 | 9.08 | 9.49 | 10.09 | 11.47 | 11.76 | ||||||||||
| DPS | 4.25 | 3.50 | 4.25 | 4.75 | 6.75 | 7.50 | 9.25 | 4.50 | 9.50 | 9.50 | ||||||||||
| Payout ratio | 0.77 | 0.57 | 0.67 | 0.55 | 0.85 | 0.83 | 0.97 | 0.45 | 0.83 | 0.81 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
Consumer StaplesFMCG - Personal Products
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Marico Ltd | 60.79 | 21.59 | 1.36% |
| Godrej Consumer Products Ltd | -261.34 | 11.63 | 0.70% |
| Dabur India Ltd | 62.94 | 11.26 | 0.84% |
| Colgate-Palmolive (India) Ltd | 74.69 | 52.74 | 1.18% |
Price Comparison
Compare MARICO with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 1.92%
Top 5 Mutual Funds holding Marico Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.8197% | Percentage of the fund’s portfolio invested in the stock 0.98% | Change in the portfolio weight of the stock over the last 3 months 0.24% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 38/76 (+7) |
Quant Mid Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.5704% | Percentage of the fund’s portfolio invested in the stock 5.53% | Change in the portfolio weight of the stock over the last 3 months 5.53% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 13/43 (+26) |
Franklin India Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2877% | Percentage of the fund’s portfolio invested in the stock 1.49% | Change in the portfolio weight of the stock over the last 3 months -0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 23/61 (-3) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Marico Ltd
Events
Dividend Trend
No Trend In Dividends
MARICO has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 1.36%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹13.62 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateMar 6, 2024
Dividend/Share
₹6.50
Ex DateEx Date
Mar 6, 2024
Cash Dividend
Ex DateEx DateNov 7, 2023
Dividend/Share
₹3.00
Ex DateEx Date
Nov 7, 2023
Cash Dividend
Ex DateEx DateMar 8, 2023
Dividend/Share
₹4.50
Ex DateEx Date
Mar 8, 2023
Cash Dividend
Ex DateEx DateFeb 4, 2022
Dividend/Share
₹6.25
Ex DateEx Date
Feb 4, 2022
Cash Dividend
Ex DateEx DateNov 8, 2021
Dividend/Share
₹3.00
Ex DateEx Date
Nov 8, 2021
Marico has allotted 5,636 equity shares under ESOP on 17 September 2024. With this allotment, the paid up equity share capital has increased to 1,29,47,42,723 equity shares of Re. 1 each aggregating to Rs.1,29,47,42,723/-. Powered by Capital Market - Live
Marico Ltd gained for a fifth straight session today. The stock is quoting at Rs 685, up 0.67% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.34% on the day, quoting at 25003.7. The Sensex is at 81679.08, up 0.19%. Marico Ltd has risen around 3.7% in last one month. Meanwhile, Nifty FMCG index of which Marico Ltd is a constituent, has risen around 5.5% in last one month and is currently quoting at 64768.15, up 0.17% on the day. The volume in the stock stood at 6.56 lakh shares today, compared to the daily average of 26.74 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 684.85, up 0.35% on the day. Marico Ltd is up 17.42% in last one year as compared to a 24.58% spurt in NIFTY and a 24.23% spurt in the Nifty FMCG index.The PE of the stock is 81.38 based on TTM earnings ending June 24.Powered by Capital Market - Live
Marico has allotted 46,920 equity shares under ESOP on 06 September 2024. Consequently, the paid up equity share capital has increased to 1,29,47,37,087 equity shares of Re. 1 each aggregating to Rs.1,29,47,37,087/- Powered by Capital Market - Live
Marico announced the launch of its latest innovation - Saffola Masala Millets in two new exciting flavours - Masala Delight and Tomato Delight. This new product line capitalizes on the brand's expertise in democratizing healthy grains, offering a nutritious and flavorful option that aligns with contemporary dietary trends. The new category expands the marque brand Saffola's millet portfolio, reinforcing its commitment to promoting nutritious yet taste-forward 'better for you' products. Saffola Masala Millets come in a convenient 35g pack, priced affordably at just Rs 20/-, making them accessible to a wide range of consumers who are seeking Nutritious and tasty food. Saffola Masala Millets are also available on leading Modern Trade chains such as Reliance and DMart storePowered by Capital Market - Live
Marico announced the launch of innovative Hair & Care Oil in Serum. Speaking on the launch, Somasree Bose Awasthi, Chief Marketing Officer, Marico Ltd. said, 'Women enjoy the beauty that comes with leaving their hair open, but frizz and tangles can often stand in the way of achieving that perfect look. That's why we've introduced Hair & Care Oil in Serum'an innovative product that brings together the styling benefits of a serum and the nourishing goodness of almond oil. Understanding that serums are often seen as costly, we've ensured that Hair & Care Oil in Serum is an affordable, value-for-money option, offering premium hair care at just Rs 2 per use. At Marico, we are committed to delivering innovative solutions that enhance beauty routines, and this new launch is a clear reflection of that dedication.' Hair & Care Oil in Serum is now available at all leading retail outlets across West Bengal, Orissa, Punjab, and the Northeast region.Powered by Capital Market - Live
Marico has allotted 55,504 equity shares under ESOP on 13 August 2024. With this allotment, the paid up equity share capital has increased to 1,29,46,90,167 equity shares of Re. 1 each aggregating to Rs. 1,29,46,90,167. Powered by Capital Market - Live
Net profit of Marico rose 8.67% to Rs 464.00 crore in the quarter ended June 2024 as against Rs 427.00 crore during the previous quarter ended June 2023. Sales rose 6.70% to Rs 2643.00 crore in the quarter ended June 2024 as against Rs 2477.00 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales2643.002477.00 7 OPM %23.6923.17 - PBDT646.00603.00 7 PBT605.00567.00 7 NP464.00427.00 9 Powered by Capital Market - Live
Bangladesh unrest: Will it hurt Marico’s Q2 results? Here are share price targets
Bharti Airtel, Marico among 5 stocks with short buildup - Short Buildup
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 6.91%, vs industry avg of 6.72%
Decreasing Market Share
Over the last 5 years, market share decreased from 19.51% to 19.02%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 5.86%, vs industry avg of -2.34%