Marico Analyst Rating
based on 38 analysts
76.32%
Buy
15.79%
Hold
7.89%
Sell
Based on 38 analysts offering long term price targets for Marico. An average target of ₹708.05
Source: S&P Global Market Intelligence
Marico Share analysis
Marico price forecast by 38 analysts
Upside of6.57%
High
₹823
Target
₹708.05
Low
₹482
Marico target price ₹708.05, a slight upside of 6.57% compared to current price of ₹664.4. According to 38 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Marico revenue growth forecast
Expected growth rate Q1, FY2027:17.34%
Forecast
Actual
Including amortisation and stock based compensations
Marico EPS growth forecast
EPS estimate Q1, FY2027:37.98%
Forecast
Actual
Source: S&P Global Market Intelligence
Marico Performance
Day's Low
Day's High
₹645.4Day's Price Range₹667.952 Week's Low
52 Week's High
₹486.352-Week Price Range₹719.85
| Returns % | |
| 1 Month Return | + 3.67 % |
| 3 Month Return | -0.73 % |
| 1 Year Return | + 26.67 % |
| Market Stats | |
| Previous Close | ₹652.60 |
| Open | ₹650.00 |
| Volume | 23.39L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹84,527.95Cr |
Marico Key Statistics
| P/E Ratio | 54.06 |
| PEG Ratio | 38.89 |
| Market Cap | ₹84,527.95 Cr |
| P/B Ratio | 17.82 |
| EPS | 11.64 |
| Dividend Yield | 1.91 |
| Sector | Edible Oil |
| ROE | 29.64 |
Marico Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹84,527.95 Cr | 18.39% | 0.53 | ₹1,502 Cr | ₹11,094 Cr | |
| HOLD | ₹72,145.55 Cr | 15.75% | 0.52 | NA | NA | |
| BUY | ₹1,17,604.98 Cr | 11.73% | 0.59 | -₹561 Cr | ₹14,096 Cr | |
| HOLD | ₹2,09,154.61 Cr | 8.76% | 0.75 | NA | NA | |
| BUY | ₹1,16,689.85 Cr | 11.21% | 0.69 | ₹2,134 Cr | ₹16,769 Cr |
Marico Mutual Fund Holdings
About Marico
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: ₹664.40 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹84,527.95Cr 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
| Organisation | Marico |
| Headquarters | Mumbai |
| Industry | Edible Oil |
| E-voting on shares | Click here to vote |
Key events for Marico Ltd
Marico Board to Discuss Dividend Amid Strong Performance - 16 Jan, 2025
Marico Limited's Board will meet on January 31, 2025, to consider an interim dividend. The company is also showing strong performance in the FMCG sector, suggesting a potential climb toward record-high levels.Marico Focuses on Rural Development Initiatives - 15 Jan, 2025
Saugata Gupta, CEO of Marico Ltd, emphasized the company's commitment to rural upliftment through investments in infrastructure, technology, and job creation, aiming to enhance rural distribution networks.Marico Stock Shows Strong Buy Signals and Targets - 14 Jan, 2025
Marico Ltd stock is experiencing bullish momentum with multiple buy recommendations. Analysts suggest targets ranging from ₹705 to ₹720, with stop losses set at ₹612 and ₹650.Marico Stock Shows Bullish Potential Amid Challenges - 13 Jan, 2025
Marico Ltd is experiencing consolidation due to margin pressures, but a buy recommendation suggests potential for a rally, targeting ₹695-705.Marico Ltd Stock Shows Strong Bullish Momentum - 11 Jan, 2025
Marico Ltd is outperforming frontline indices, trading above moving averages. Analysts recommend accumulating shares at Rs 680-670, targeting Rs 710 and Rs 730.Marico Receives Positive Ratings and Growth Outlook - 10 Jan, 2025
Marico Ltd is highlighted by Nomura and IIFL Securities with buy ratings and target prices, reflecting strong growth potential. The company reported significant turnover and maintains a diverse brand portfolio. Harsh Mariwala discusses employee work-life balance, emphasizing quality over hours worked.Marico Shares Decline Despite Strong Profit Growth - 08 Jan, 2025
Marico's share price fell 3% to Rs 625.6. Despite this, the company reported a 20.3% YoY net profit increase for Q2 FY24 and a 13.6% rise for FY24. However, revenue decreased by 1.1% for the fiscal year.Marico Reports Revenue Growth Amid Cost Challenges - 05 Jan, 2025
Marico Ltd anticipates modest operating profit growth due to rising input costs, while reporting mid-teen revenue growth, particularly strong in Bangladesh and MENA regions.Marico Reports Strong Revenue Growth Amid Challenges - 03 Jan, 2025
Marico Ltd achieved mid-teen revenue growth in Q3, supported by strong demand for Parachute and Saffola brands. However, the company anticipates margin contraction due to rising input costs.Marico's Digital Growth Strategy and Future Outlook - 01 Jan, 2025
Marico's MD, Saugata Gupta, emphasizes the company's shift towards digital brands, projecting significant revenue growth from new-age products. The focus remains on sustainable growth and profitability while leveraging synergies across its portfolio.Marico Expected to Outperform Peers in H2FY25 - 31 Dec, 2024
Marico's stock has risen 8% since mid-November, outperforming peers. Nuvama Research anticipates strong sales growth in H2FY25, driven by core brands and growth portfolio improvements.Marico CEO Addresses Temporary Consumption Slowdown - 27 Dec, 2024
Saugata Gupta, MD and CEO of Marico Ltd, noted that high food inflation is causing a temporary slowdown in urban FMCG consumption, which is expected to stabilize in a quarter or two.Marico Shares Rise Amid Positive Quarterly Results - 24 Dec, 2024
Marico Ltd. shares increased by 0.76% to Rs 641.35. The company reported a net profit of Rs 423 crore and consolidated sales of Rs 2746 crore for Q2 FY2024, reflecting growth from previous quarters and year-ago figures.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.
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.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 3 quarters, 2.29K Cr → 2.74K Cr (in ₹), with an average increase of 8.4% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 24.61% to 24.87% in Sep 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, MARICO stock has moved up by 3.9%
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, MARICO has outperformed top 5 stocks with highest market-cap in Personal Products
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, MARICO has outperformed top 5 stocks with highest market-cap in Personal Products
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 59.28% to 59.20% in Sep 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 5.04% to 4.92% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 4.69% to 4.61% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 464.0 Cr → 423.0 Cr (in ₹), with an average decrease of 8.8% per quarter
Marico Financials
Index Inclusions
Marico Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 59.2% | ||
| Foreign Institutions | 24.87% | 1.06 | |
| Mutual Funds | 4.92% | ||
| Retail Investors | 4.61% | ||
| Others | 6.4% | 0.44 |
Marico Key Indicators
Marico Valuation
Marico in the last 5 years
Lowest (25.23x)
March 23, 2020
Today (54.06x)
January 17, 2025
Industry (136.36x)
January 17, 2025
Highest (64.75x)
September 13, 2021
Marico 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 ResultsMarico Ltd Dividends February,2024
In the quarter ending December 2023, Marico Ltd has declared dividend of ₹6.50 - translating a dividend yield of 2.11%.
Read More about Dividends
Marico Technicals Summary
Bearish
Neutral
Bullish
Marico Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Marico Ltd
Marico Ltd share price today stands at ₹664.4, Open. ₹650 ; Previous Close. ₹652.6 ; High. ₹667.9 ; Low. ₹645.4 ; 52 Week High. ₹719.85 ; 52 Week Low: ₹486.3.
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Marico Ltd is listed on NSE
Marico Ltd is listed on BSE
- Today’s highest price of Marico Ltd is ₹667.9.
- Today’s lowest price of Marico Ltd is ₹645.4.
PE Ratio of Marico Ltd is 54.06
PE ratio = Marico Ltd Market price per share / Marico Ltd Earnings per share
Today’s traded volume of Marico Ltd(MARICO) is 23.39L.
Today’s market capitalisation of Marico Ltd(MARICO) is ₹84527.95Cr.
| Marico Ltd(MARICO | Price |
|---|---|
52 Week High | ₹719.85 |
52 Week Low | ₹486.3 |
Marico Ltd(MARICO) share price is ₹664.4. It is down -7.70% from its 52 Week High price of ₹719.85
Marico Ltd(MARICO) share price is ₹664.4. It is up 36.62% from its 52 Week Low price of ₹486.3
| Marico Ltd(MARICO | Returns |
|---|---|
1 Day Returns | 11.8% |
1 Month Returns | 3.67% |
3 Month Returns | -0.73% |
1 Year Returns | 26.67% |