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Marico Ltd

MARICO

Marico Ltd

MARICO
Consumer StaplesFMCG - Personal Products
MidcapWith a market cap of ₹89,965 cr, stock is ranked 121
Low RiskStock is 1.82x as volatile as Nifty
690.201.27% (-8.85)
690.201.27% (-8.85)

Price Chart

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Consumer StaplesFMCG - Personal Products
MidcapWith a market cap of ₹89,965 cr, stock is ranked 121
Low RiskStock is 1.82x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer StaplesFMCG - Personal Products
MidcapWith a market cap of ₹89,965 cr, stock is ranked 121
Low RiskStock is 1.82x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
59.2721.581.36%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
58.2611.561.23%

Forecast & Ratings

Detailed Forecast 
75%
Analysts have suggested that investors can buy this stock

from 36 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 6.91%, vs industry avg of 6.72%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 19.51% to 19.02%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 5.86%, vs industry avg of -2.34%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue6,110.126,014.106,944.008,044.008,181.008,956.0010,647.0011,168.0011,236.009,952.00
Raw Materialssubtract3,010.452,430.113,129.003,627.003,072.003,756.004,992.004,579.004,149.007,741.00
Power & Fuel Costsubtract31.0629.3234.0037.0036.0027.0032.0035.0037.00
Employee Costsubtract373.40404.18422.00466.00478.00570.00586.00653.00743.00
Selling & Administrative Expensessubtract1,120.871,160.751,556.001,701.001,931.001,960.002,364.002,715.003,034.00
Operating & Other expensessubtract430.16734.16581.00785.001,100.00947.00894.001,232.001,105.00
Depreciation/Amortizationsubtract94.8690.3089.00131.00140.00139.00139.00155.00158.00163.00
Interest & Other Itemssubtract20.6216.5816.0040.0050.0034.0039.0056.0073.0073.00
Taxes & Other Itemssubtract317.22350.11303.00143.00353.00351.00376.00441.00456.00457.00
EPS5.526.196.318.637.919.089.4910.0911.4711.76
DPS4.253.504.254.756.757.509.254.509.509.50
Payout ratio0.770.570.670.550.850.830.970.450.830.81

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
Consumer StaplesFMCG - Personal Products

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Marico Ltd60.7521.581.36%
Godrej Consumer Products Ltd-253.7711.290.72%
Dabur India Ltd59.6410.670.89%
Colgate-Palmolive (India) Ltd78.6355.531.12%

Price Comparison

Compare MARICO with any stock or ETF
Compare MARICO with any stock or ETF
MARICO
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding59.28%5.04%6.26%24.61%4.80%

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Shareholding History

MarJunSepDec '23MarJun24.97%25.05%25.91%25.69%25.54%24.61%

Mutual Funds Holding Trend

Increased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

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)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan

Growth
0.8193%0.98%0.24%38/76 (+7)
Quant Mid Cap Fund - Growth - Direct Plan

Growth
0.5760%5.53%5.53%13/43 (+26)
Franklin India Flexi Cap Fund - Growth - Direct Plan

Growth
0.2949%1.49%-0.02%23/61 (-3)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

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

Dividends are the portion of earnings that a company distributes to all its shareholders every year

MARICO has shown inconsistent dividend trend over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.36%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹13.63 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateMar 6, 2024

Interim 2
Interim 2 | Div/Share: ₹6.50

Dividend/Share

₹6.50

Ex DateEx Date

Mar 6, 2024

Cash Dividend

Ex DateEx DateNov 7, 2023

Interim
Interim | Div/Share: ₹3.00

Dividend/Share

₹3.00

Ex DateEx Date

Nov 7, 2023

Cash Dividend

Ex DateEx DateMar 8, 2023

Interim
Interim | Div/Share: ₹4.50

Dividend/Share

₹4.50

Ex DateEx Date

Mar 8, 2023

Cash Dividend

Ex DateEx DateFeb 4, 2022

Interim 2
Interim 2 | Div/Share: ₹6.25

Dividend/Share

₹6.25

Ex DateEx Date

Feb 4, 2022

Cash Dividend

Ex DateEx DateNov 8, 2021

Interim
Interim | Div/Share: ₹3.00

Dividend/Share

₹3.00

Ex DateEx Date

Nov 8, 2021

News & Opinions
Corporate
Marico to declare Quarterly Result

Marico will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live

3 days agoCapital Market - Live
Live Market Update
Indices trade with major losses; private banks tumble

The leading equity indices continued to trade with deep cuts in mid-afternoon trade amid mixed cues from global markets and fears of full fledged war between Iran and Israel. The fall was also triggered by SEBI's new F&O rules. The Nifty traded below the 25,350 mark. The Nifty traded below the 25,250 mark. Private bank shares extended losses for the fourth trading session. At 14:30 IST, the barometer index, the S&P BSE Sensex slumped 1,797.29 points or 2.31% to 82,469. The Nifty 50 index tumbled 552.10 points or 2.41% to 25,234.90. In the broader market, the S&P BSE Mid-Cap index slipped 2.42% and the S&P BSE Small-Cap index declined 2.04%. The market breadth was weak. On the BSE, 952 shares rose and 2,996 shares fell. A total of 104 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, zoomed 9.57% to 13.14. SEBI's new F&O rules: The Securities and Exchange Board of India's (SEBI) introduced a six-step plan to curtail retail participation in speculative index derivatives. This could result in a significant decline in trading volumes. New regulations require traders to maintain higher margins, potentially hindering their ability to take on larger leveraged positions. Moreover, the reduction of weekly options expiries to one per exchange could lead to decreased revenues for exchanges and brokers. This change means that each exchange will only offer weekly contracts for one benchmark index instead of the current two to four. These measures are designed to reduce excessive speculation in the futures and options (F&O) segment, where retail investors often find themselves on the losing end of trades. Buzzing Index: The Nifty Private Bank index fell 2.68% to 25,761.80. The index slipped 5.43% in four trading sessions. Axis Bank (down 3.74%), Bandhan Bank (down 3.46%), Kotak Mahindra Bank (down 3.06%), HDFC Bank (down 2.45%), City Union Bank (down 2.39%), IDFC First Bank (down 2.3%), Federal Bank (down 2.29%), RBL Bank (down 2.14%), ICICI Bank (down 1.86%) and IndusInd Bank (down 1.6%) edged higher. Numbers to Track: The yield on India's 10-year benchmark federal paper advanced 2.15% to 6.877 as compared with previous close 6.732. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 83.9625, compared with its close of 83.8275 during the previous trading session. MCX Gold futures for 5 December 2024 settlement fell 0.66% to Rs 76,369. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.15% to 101.82. The United States 10-year bond yield added 0.59% to 3.810. In the commodities market, Brent crude for November 2024 settlement added 86 cents or 1.16% to $74.76 a barrel. Stocks in spotlight: Marico rose 0.45%. The company informed that its domestic business posted mid-single digit volume growth, exhibiting improvement on a sequential basis. REC slipped 3.21%. The company's said that it has disbursed loans amounting to Rs 47,303 crore in Q2 FY24-25, which is higher by 13.71% as compared with Rs 41,598 crore disbursed in Q2 FY23-24. NBCC (India) tumbled 4.65%. The company informed that it has received orders from Small Industrial Development Bank of India (SIDBI) and Ministry of Textiles, aggregating to Rs 47.04 crore. Powered by Capital Market - Live

3 days agoCapital Market - Live
Spotlight
Marico Ltd soars 1.41%

Marico Ltd is up for a third straight session in a row. The stock is quoting at Rs 706.85, up 1.41% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.53% on the day, quoting at 25803.45. The Sensex is at 84485.2, up 1.56%. Marico Ltd has risen around 4.06% in last one month. Meanwhile, Nifty FMCG index of which Marico Ltd is a constituent, has risen around 4.27% in last one month and is currently quoting at 64975.8, up 1.25% on the day. The volume in the stock stood at 13.12 lakh shares today, compared to the daily average of 25.1 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 706.35, up 1.11% on the day. Marico Ltd is up 23.01% in last one year as compared to a 30.7% spurt in NIFTY and a 27.32% spurt in the Nifty FMCG index.The PE of the stock is 83.39 based on TTM earnings ending June 24.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Marico allots 5,636 equity shares under ESOP

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

2 weeks agoCapital Market - Live
Spotlight
Marico Ltd soars 0.67%, up for fifth straight session

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

3 weeks agoCapital Market - Live
Corporate
Marico allots 46,920 equity shares under ESOP

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

1 month agoCapital Market - Live
Corporate
Marico launches new flavours of Saffola Masala Millets

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

1 month agoCapital Market - Live
Corporate
Marico launches Hair & Care Oil in Serum

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

1 month agoCapital Market - Live
Corporate
Marico allots 55,504 equity shares under ESOP

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

1 month agoCapital Market - Live
Earnings
Marico consolidated net profit rises 8.67% in the June 2024 quarter

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

1 month agoCapital Market - Live