Marico Ltd’s fundamental analysis highlights key financial metrics including market capitalisation of ₹87,018.87 crore, PE ratio of 58.76, debt-to-equity ratio of 12.66, and return on equity of 36.46%. These figures reflect the company’s financial health and current market valuation.
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Marico Ltd Overview
Marico Ltd is an Indian consumer goods company specializing in beauty and wellness products. It operates in various product categories including coconut oil, edible oils, hair care, male grooming, and packaged foods.
The company has a market capitalisation of ₹87,018.87 crore and is listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Currently, the stock is trading 2.8% below its 52-week high and 38.22% above its 52-week low.
Marico Financial Results
Marico Ltd showed steady growth from FY 22 to FY 24, with sales rising from ₹9,512 crore to ₹9,653 crore and net profit increasing from ₹1,255 crore to ₹1,502 crore. The company maintained a stable OPM and improved EPS over the years.
1. Revenue Trend: Sales increased from ₹9,512 crore in FY 22 to ₹9,764 crore in FY 23, and slightly decreased to ₹9,653 crore in FY 24, indicating overall steady revenue.
2. Equity and Liabilities: Detailed equity and liabilities aren’t provided, but rising interest expenses from ₹39 crore in FY 22 to ₹73 crore in FY 24 suggest increased financial liabilities or borrowing.
3. Profitability: Operating Profit Margin (OPM) improved from 18% in FY 22 to 19% in FY 23, and further to 21% in FY 24, reflecting enhanced operational efficiency.
4. Earnings per Share (EPS): EPS increased from ₹9.5 in FY 22 to ₹10.08 in FY 23, and further to ₹11.46 in FY 24, indicating strong profit growth per share.
5. Financial Position: The company’s financial position strengthened with EBITDA increasing from ₹1,779 crore in FY 22 to ₹2,168 crore in FY 24, despite rising interest and depreciation expenses, showcasing robust financial health and management.
Marico Financial Analysis
| FY 24 | FY 23 | FY 22 | |
| Sales | 9,653.00 | 9,764 | 9,512 |
| Expenses | 7,627.00 | 7,954 | 7,831 |
| Operating Profit | 2,026.00 | 1,810 | 1,681 |
| OPM % | 21.00 | 19 | 18 |
| Other Income | 142.00 | 144 | 98 |
| EBITDA | 2,168.00 | 1,954 | 1,779 |
| Interest | 73.00 | 56 | 39 |
| Depreciation | 158.00 | 155 | 139 |
| Profit Before Tax | 1,937 | 1,743 | 1,601 |
| Tax % | 22.46 | 24.15 | 21.61 |
| Net Profit | 1,502 | 1,322 | 1,255 |
| EPS | 11.46 | 10.08 | 9.5 |
| Dividend Payout % | 82.9 | 44.64 | 97.37 |
* Consolidated Figures in Rs. Crores
Marico Company Metrics
Marico’s market capitalization is ₹87,018.87 crore, with a book value of ₹29.6 per share and a face value of ₹1 per share. The asset turnover ratio is 1.59, total debt is ₹528 crore, ROE is 36.46%, quarterly EBITDA is ₹663 crore, and the dividend yield is 1.41%.
Market Capitalization: Market Capitalization represents the total market value of Marico’s outstanding shares, amounting to ₹87,018.87 crore.
Book Value: The book value per share of Marico is ₹29.6 indicating the value of the company’s net assets divided by its shares outstanding.
Face Value: The face value of Marico’s shares is ₹1, which is the nominal value of each share as stated on the share certificate.
Asset Turnover Ratio: The Asset Turnover Ratio of 1.59 measures how efficiently Marico uses its assets to generate sales revenue or sales income.
Total Debt: The Total Debt of Marico stands at ₹528 crore, representing the total amount of money the company owes to creditors.
Return on Equity (ROE): The ROE of 36.46% measures Marico’s profitability by revealing how much profit the company generates with the money shareholders have invested.
EBITDA (Q): The quarterly EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of Marico is ₹663 crore, indicating the company’s operating performance.
Dividend Yield: The dividend yield of 1.41% shows the annual dividend payment as a percentage of Marico’s current share price, indicating the return on investment from dividends alone.
Marico Stock Performance
Marico Ltd delivered returns of 13.2% in one year, 7.85% over three years, and 10.7% over five years, indicating steady growth. This performance showcases the company’s ability to provide consistent returns to its investors across various investment periods, reflecting its stable financial health.
| Period | Return on Investment (%) |
| 1 Year | 13.2 |
| 3 Years | 7.85 |
| 5 Years | 10.7 |
Example: If an investor had invested ₹1,000 in Marico’s stock:
1 year ago, the investment would be worth ₹1,132.
3 years ago, their investment would have grown to ₹1,079.
5 years ago, their investment would have increased to approximately ₹1,107.
Marico Limited Peer Comparison
Marico Ltd, with a CMP of ₹653 and a P/E ratio of 55.64, has a market cap of ₹84,468.42 Cr and a one-year return of 13.2%. Compared to peers like Patanjali Foods (36% return) and Gokul Agro (80.99% return), Marico demonstrates steady performance within the FMCG sector.
| Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | 1Yr return % | Vol 1d | 1mth return % | From 52w high | Down % | 6mth return % |
| Marico | 653 | 55.64 | 84468.42 | 13.2 | 1267974 | 1.07 | 0.95 | 5.5 | 25.42 |
| Patanjali Foods | 1,800 | 69 | 65,237 | 36 | 4,09,165 | 10 | 1 | 2.1 | 12.26 |
| Adani Wilmar | 385 | 73 | 50,064 | 3 | 48,44,145 | 15 | 1 | 6.18 | 11.65 |
| Guj. Ambuja Exp | 129 | 17 | 5,943 | 7 | 4,36,917 | -4 | 1 | 38.53 | -29.96 |
| Gokul Agro | 211.31 | 18.99 | 3124.82 | 80.99 | 356137 | 25.63 | 0.92 | 7.95 | 80.30 |
| BCL Industries | 60.36 | 19.66 | 1,782 | 28 | 16,47,221 | 16.17 | 0.7 | 30.06 | -18.82 |
| Kriti Nutrients | 129 | 14 | 644 | 57 | 1,35,959 | 9 | 1 | 6.45 | 12.95 |
Marico Shareholding Pattern
Marico Ltd’s shareholding pattern showed slight variations from December 2023 to June 2024. Promoter holdings decreased slightly from 59% to 59.28%. FII holdings fell from 25.69% to 24.61%, while DII holdings increased from 9.96% to 11.3%. Retail and others’ shares slightly decreased from 4.97% to 4.81%.
| Jun-24 | Mar-24 | Dec-23 | |
| Promoters | 59.28 | 59.35 | 59 |
| FII | 24.61 | 25.55 | 25.69 |
| DII | 11.3 | 10.09 | 9.96 |
| Retail & others | 4.81 | 5.03 | 4.97 |
Marico Ltd History
Marico Limited is a prominent Indian consumer goods company with a strong focus on beauty and wellness products. The company has established itself as a leader in various product categories, including coconut oil, refined edible oils, value-added hair oils, and male grooming products.
Marico’s brand portfolio is diverse and includes well-known names such as Parachute, Saffola, Nihar Naturals, Set Wet, and Mediker. These brands cater to different consumer segments and needs, ranging from hair care and skin care to healthy cooking oils and male grooming products. The company has also expanded into packaged foods, further diversifying its product offerings.
Internationally, Marico has a significant presence with brands like Parachute, HairCode, Fiancee, and X-Men. The company operates in approximately 50 countries, demonstrating its global reach. Marico’s manufacturing footprint includes seven factories in India, located across various states, supporting its production capabilities and market presence.
How To Invest In Marico Ltd Share?
To invest in Marico Ltd shares, begin by opening a demat account with Alice Blue. Complete the necessary KYC process and fund your account with the desired investment amount.
Research the company’s fundamentals, financial performance, and market trends before making an investment decision. Use the trading platform provided by the broker to place a buy order for Marico shares at your preferred price.
Monitor your investment regularly and stay informed about company news and market developments. Consider setting up a systematic investment plan (SIP) for long-term investing in the stock if it aligns with your financial goals.
Marico Limited Fundamental Analysis – FAQs
Fundamental analysis of Marico examines key financial metrics: Market Cap (₹87,018.87 crore), PE Ratio (58.76), Debt to Equity (12.66), and Return on Equity (36.46%). These indicators provide insights into the company’s financial health, market valuation, and overall performance in the consumer goods sector.
The market capitalization of Marico Ltd is ₹87,018.87 crore. This figure represents the total value of the company’s outstanding shares in the stock market, calculated by multiplying the current share price by the total number of shares outstanding.
Marico Limited is an Indian consumer goods company specializing in beauty and wellness products. It offers a wide range of products including coconut oil, edible oils, hair care items, and male grooming products. Marico operates both in India and internationally with a diverse brand portfolio.
Marico was founded by Harsh Mariwala, who played a key role in its growth. While the Mariwala family holds a significant stake, Marico is a public limited company with multiple shareholders. The company is professionally managed, with the founder serving as the chairman.
The main shareholders of Marico Limited typically include the Mariwala family (promoter group), institutional investors (both domestic and foreign), mutual funds, and public shareholders. For the most current and accurate information on major shareholders, refer to the latest shareholding pattern disclosed by the company.
Marico operates in the Fast-Moving Consumer Goods (FMCG) industry. It specializes in beauty and wellness products, including hair care, skin care, edible oils, and male grooming items. The company is a key player in the Indian consumer goods sector with a growing international presence.
To invest in Marico shares, open a demat account with Alice Blue. Complete the KYC process and fund your account. Research the company thoroughly, then use the trading platform to place a buy order for the desired number of shares at your preferred price.
Determining if Marico is overvalued or undervalued requires a comprehensive analysis of its financials, growth prospects, industry trends, and market conditions. Investors should consider metrics like the P/E ratio and PEG ratio, and compare them with industry peers and historical values for a balanced assessment.
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