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Marico Ltd

(MARICO)

₹627.952.03%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Marico Ltd Analyst Rating

based on 38 analysts

BUY

73.68%

Buy

15.79%

Hold

10.53%

Sell

Based on 38 analysts offering long term price targets for Marico Ltd. An average target of ₹706.55

Source: S&P Global Market Intelligence

Marico Ltd Share analysis

Marico Ltd price forecast by 38 analysts

Upside of10.23%

High

₹823

Target

₹706.55

Low

₹482

Marico Ltd target price ₹706.55, a slight upside of 10.23% compared to current price of ₹627.95. According to 38 analysts rating.

Source: S&P Global Market Intelligence

Marico Ltd Performance

  • Day's Low

    Day's High

    ₹626
    Day's Price Range
    ₹647.5
  • 52 Week's Low

    52 Week's High

    ₹486.3
    52-Week Price Range
    ₹719.85
1 Month Return+ 8.44 %
3 Month Return-8.76 %
1 Year Return+ 21.65 %
Previous Close₹640.95
Open₹641.85
Volume17.57L
Upper Circuit-
Lower Circuit-
Market Cap₹83,004.09Cr

Marico Ltd Key Statistics

P/E Ratio52.15
PEG Ratio37.52
Market Cap₹83,004.09 Cr
P/B Ratio17.82
EPS11.64
Dividend Yield1.91
SectorEdible Oil
ROE29.64

Marico Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹83,004.09 Cr18.08%0.53₹1,502 Cr₹11,094 Cr
HOLD₹75,515.45 Cr17.69%0.52NANA
BUY₹1,11,686.88 Cr10.88%0.59-₹561 Cr₹14,096 Cr
HOLD₹2,10,962.41 Cr9.73%0.75NANA
HOLD₹1,15,198.88 Cr10.96%0.69₹2,134 Cr₹16,769 Cr

About Marico Ltd

Marico Ltd is a leading Indian consumer products company, incorporated in 1988 by Harsh Mariwala. The company operates in various lines of business including health and beauty, food and beverages, and home and personal care. It has a presence in over 25 countries across Asia, Africa, and the Middle East.

Marico's top products include edible oils, hair oils, skin care, health supplements, and food products. Its popular brands include Parachute, Saffola, Hair & Care, Nihar, Livon, Set Wet, and Mediker. The company has also launched several innovative products, such as Saffola Fittify Gourmet, which is a range of healthy and nutritious food products.

Share Price: ₹627.95 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹83,004.09Cr as of today
Revenue: ₹2,664.00Cr as on September 2024 (Q3 24)
Net Profit: ₹433.00Cr as on September 2024 (Q3 24)
Listing date: 01 May, 1996
Chairperson Name: Harsh Mariwala
OrganisationMarico Ltd
HeadquartersMumbai
IndustryEdible Oil
E-voting on sharesClick here to vote
Mediker Share Price
Saffola Share Price
Set Wet Share Price
Parachute Share Price
Livon Share Price
Parachute Hair Oil Share Price

Key events for Marico Ltd

  • Supreme Court Ruling Benefits Marico on Coconut Oil - 18 Dec, 2024

    The Supreme Court has ruled that coconut oil sold in small packages is classified as edible oil, benefiting Marico Ltd and resolving a long-standing tax dispute.
  • Marico Ltd Shares Experience Minor Decline - 17 Dec, 2024

    Marico Ltd shares fell 1.03% to Rs 638.8. The stock has risen 19.46% over the past year. The latest quarter reported a net profit of Rs 423 crore.
  • Marico Ltd Shares Experience Minor Fluctuation - 13 Dec, 2024

    Marico Ltd shares traded at Rs 633.00, down 0.52% from the previous close. The stock has a market value of Rs 81,698.27 crore, with a P/E ratio of 51.45. Promoters hold 59.2% of the company, while institutional investors own 29.79%. The stock's performance indicates a potential upward trend as it trades below both the 50-DMA and 200-DMA.
  • Marico Ltd Achieves Sustainability Milestone and Stock Gains - 12 Dec, 2024

    Marico Ltd announced a 67% renewable energy milestone and aims for net-zero emissions by 2030. Nuvama maintains an outperform rating with a target price of Rs 750. The stock rose 1.22% to Rs 640.65, reflecting an 18.68% annual increase.
  • Marico Reports Sales Growth Amid Share Price Rise - 10 Dec, 2024

    Marico Ltd's shares increased by 0.62% to Rs 611.00. The company reported consolidated sales of Rs 2746 crore for Q2 FY2024, reflecting growth.
  • Marico Stock Shows Positive Chart Indicators - 09 Dec, 2024

    Marico Ltd's current price is Rs 605, with an upside potential of 18.2%. The stock is testing support at Rs 603, with key resistance at Rs 660. A sustained trade above Rs 660 could trigger a rally towards Rs 715, indicating a positive long-term bias as long as it remains above Rs 570.
  • Marico COO Vaibhav Bhanchawat Resigns - 05 Dec, 2024

    Marico's COO Vaibhav Bhanchawat has resigned after less than 14 months in the role, effective March 31, 2025. Ashish Goupal will succeed him as COO of India Core Business, effective April 1, 2025. Bhanchawat cited pursuing career opportunities outside the organization as his reason for leaving.
  • Marico Reports Strong Revenue and Profit Growth - 29 Nov, 2024

    Marico reported a revenue of ₹5,307 crore, marking a 7% YoY growth, with a 14% increase in PAT to ₹887 crore. The company shows strong financial metrics, including a RoCE of 43.1% and a low net debt-to-equity ratio of 0.11, indicating robust financial health.
  • Goldman Sachs Reaffirms Buy Rating for Marico - 28 Nov, 2024

    Goldman Sachs maintains a Buy rating on Marico with a target price of ₹720, citing strong performance and market share gains. CEO Gupta expects urban demand recovery as food inflation stabilizes. Marico reported a 20% increase in net profit for the September quarter, with trading volumes surging, indicating positive investor sentiment.
  • Marico Ltd Continues Upward Trend with Gains - 27 Nov, 2024

    Marico Ltd has gained for the fifth consecutive session, rising 2.87% to Rs 646.4. The stock has increased 23.09% over the past year, outperforming both NIFTY and Nifty FMCG indices. The stock's volume today was 23.32 lakh shares, below the monthly average. The PE ratio stands at 60.15 based on TTM earnings.
  • Marico Shares Climb Following Positive Performance - 26 Nov, 2024

    Marico Ltd shares increased by 1.85% to Rs 619.00. The company reported a net profit of Rs 423 crore and a sales increase of 2.46% for Q3 2024.
  • Marico CEO Forecasts Slow Urban Consumption Recovery - 21 Nov, 2024

    Marico's CEO anticipates a six-month timeline for urban consumption recovery due to high food inflation. The company's international business is expanding, despite challenges in Bangladesh.
  • Marico Reports Profit Growth Amid Downgrade - 20 Nov, 2024

    Marico's Q2 profit rose 20.27% to ₹433 crore, but Geojit downgraded the stock to Accumulate, citing rising input costs and international uncertainties.

Insights on Marico Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, MARICO has outperformed top 5 stocks with highest market-cap in Personal Products

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, MARICO has outperformed top 5 stocks with highest market-cap in Personal Products

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 2.29K Cr → 2.74K Cr (in ₹), with an average increase of 8.4% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, MARICO stock has moved up by 29.4%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 24.61% to 24.87% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 59.28% to 59.20% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 464.0 Cr → 423.0 Cr (in ₹), with an average decrease of 8.8% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 5.04% to 4.92% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 4.69% to 4.61% in Sep 2024 quarter

Marico Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹2,476.00Cr (-)₹2,422.00Cr (↓2.18%)₹2,278.00Cr (↓5.95%)₹2,643.00Cr (↑16.02%)₹2,664.00Cr (↑0.79%)
Net Income₹360.00Cr (-)₹386.00Cr (↑7.22%)₹320.00Cr (↓17.10%)₹474.00Cr (↑48.13%)₹433.00Cr (↓8.65%)
Net Profit Margin14.54% (-)15.94% (↑9.63%)14.05% (↓11.86%)17.93% (↑27.62%)16.25% (↓9.37%)
Value in ₹ crore
Details2021202220232024
Total Assets₹4,508.00Cr (-)₹4,532.00Cr (↑0.53%)₹5,133.00Cr (↑13.26%)₹5,028.00Cr (↓2.05%)
Total Liabilities₹1,473.00Cr (-)₹1,483.00Cr (↑0.68%)₹1,456.00Cr (↓1.82%)₹1,431.00Cr (↓1.72%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹970.00Cr (-)₹1,564.00Cr (↑61.24%)₹656.00Cr (↓58.06%)₹1,002.00Cr (↑52.74%)₹1,044.00Cr (↑4.19%)

Index Inclusions

Nifty100 Quality

₹5,527.35

-1.73 (-97.4%)

BSE 100

₹25,006.81

-1.76 (-448.2%)

Nifty Midcap 100

₹56,906.75

-2.82 (-1649.5%)

Nifty Midcap 150

₹21,050.60

-2.41 (-520.7%)

S&P BSE Dividend Stability

₹986.07

-1.98 (-19.95%)

Nifty Midcap 50

₹15,881.10

-2.71 (-441.65%)

S&P BSE 100 ESG

₹392.41

-1.54 (-6.13%)

S&P BSE Quality

₹1,783.85

-1.83 (-33.34%)

Nifty 200

₹13,373.90

-1.94 (-264.25%)

BSE 200

₹10,905.86

-1.89 (-210.17%)

S&P BSE SEN. N50

₹81,296.27

-2.61 (-2178.77%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

Nifty FMCG

₹55,600.80

-0.99 (-557.1%)

S&P BSE Largecap

₹9,171.23

-1.78 (-165.83%)

S&P BSE 250 LargeMidCap

₹10,353.28

-1.89 (-199.23%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

S&P BSE 400 MidSmallCap

₹12,101.72

-2.24 (-276.79%)

Nifty LargeMidcap 250

₹15,666.00

-2.09 (-334.75%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE FMCG Sector

₹20,359.31

-1.13 (-231.65%)

S&P BSE 150 MidCap

₹15,862.89

-2.35 (-381.58%)

Nifty MidSmallcap 400

₹19,899.40

-2.27 (-461.95%)

Marico Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
59.2%
-0.14
Foreign Institutions
24.87%
1.06
Mutual Funds
4.92%
-2.46
Retail Investors
4.61%
-1.77
Others
6.4%
0.44

Marico Ltd Key Indicators

Details20202021202220232024
Return On Equity %31.5837.3538.2335.0629.64
Details20202021202220232024
Return On Assets %24.482627.0325.3729.46
Details20202021202220232024
Book Value Per Share (₹)23.6425.4325.9529.4529.71
Details20202021202220232024
Earning Per Share (₹)8.099.299.7310.2511.64

Marico Ltd Valuation

Marico Ltd in the last 5 years

  • Overview

  • Trends

Lowest (25.23x)

March 23, 2020

Today (52.15x)

December 19, 2024

Industry (136.97x)

December 19, 2024

Highest (64.75x)

September 13, 2021

LowHigh

Marico Ltd Earnings and Dividends

  • Marico Ltd Earnings Results

    Marico Ltd’s net profit jumped 19.83% since last year same period to ₹423Cr in the Q2 2024-2025. On a quarterly growth basis, Marico Ltd has generated -8.84% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Marico Ltd Dividends February,2024

    In the quarter ending December 2023, Marico Ltd has declared dividend of ₹6.50 - translating a dividend yield of 2.23%.

    Read More about Dividends

Marico Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Marico Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Marico Ltd

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Marico Ltd (MARICO) share price today is ₹627.95

Marico Ltd is listed on NSE

Marico Ltd is listed on BSE

  • Today’s highest price of Marico Ltd is ₹647.5.
  • Today’s lowest price of Marico Ltd is ₹626.

PE Ratio of Marico Ltd is 52.15

PE ratio = Marico Ltd Market price per share / Marico Ltd Earnings per share

Today’s traded volume of Marico Ltd(MARICO) is 17.57L.

Today’s market capitalisation of Marico Ltd(MARICO) is ₹83004.09Cr.

Marico Ltd(MARICOPrice
52 Week High
₹719.85
52 Week Low
₹486.3

Marico Ltd(MARICO) share price is ₹627.95. It is down -12.77% from its 52 Week High price of ₹719.85

Marico Ltd(MARICO) share price is ₹627.95. It is up 29.13% from its 52 Week Low price of ₹486.3

Marico Ltd(MARICOReturns
1 Day Returns
-13%
1 Month Returns
8.44%
3 Month Returns
-8.76%
1 Year Returns
21.65%