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58% Buy

Marico Share Price

MARICO

₹505.30-₹1.10 (-0.22%) Past YearLast updated on 19 Apr, 2024 | 03:40 PM IST
₹502.00₹508.00
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Company overview

About

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Market cap

Market Cap Switch₹65,391 Cr

Open

₹503.85

Close

₹506.40

Circuit range

₹557.00 - ₹455.80

Day range

₹502.00 - ₹508.00

Year range

₹462.70 - ₹595.00

Volume

10,90,283

Avg. traded

₹504.94

Revenue (12m)

₹9,615 Cr

Marico

Marico Limited is involved in the trade of branded consumer goods and services. Founded in 1990, it is headquartered in Mumbai.

As of March 31, 2023, close to 59% of shares of the company are owned by the promoters, whereas the FIIs, DIIs and public hold 25%, 10% and 6% shares in the company respectively.

The market capitalisation of Marico Limited is over ₹68,500 crore as of January 11, 2024. Marico share price has gained over 23% in the last three years.

Business operations

Marico Limited operates across two segments: Consumer Products and Others. The consumer products segment includes items such as coconut oils, various edible oils, hair oils, male grooming products, fabric care products, healthy foods, soaps, health care products and female beauty care products.

The Others segment primarily focuses on skin care. Marico Limited has more than 20 brands, showcasing a diverse and expansive portfolio.

In India, the company manufactures and markets products under well-known brands including Parachute, Nihar and Saffola. Internationally, its portfolio has brands such as Fiancee, HairCode, Camelia and Caivil. In its skincare solutions business, the company operates under the brand name Kaya in both the Indian and international markets and under the brand Derma Rx in Singapore and Malaysia.

Marico Limited has a distribution network comprising over 7,500 distributors. It has a reach of more than 5.6 million retail outlets across both urban and rural India. The company holds a significant presence in key modern trade chains and e-commerce platforms.

This extensive network enables Marico to connect with over 59,000 villages in India and virtually every town with a population exceeding 5,000. The distribution channel is supported by six manufacturing plants, 25 warehouses and four redistribution centres.

Domestically, the company operates seven plants and five offices, totalling12 locations. The factories in India are situated in Puducherry, Tamil Nadu’s Perundurai, Baddi in Himachal Pradesh, Guwahati in Assam, Jalgaon and Sanand in Maharashtra. On the international front, Marico’s footprint extends to six plants and 10 offices, totalling 16 locations globally. In terms of market coverage, Marico serves all states and Union Territories within India. Internationally, the company reaches customers in 49 different countries.

Marico’s markets include regions such as South and Sub-Saharan Africa, the Middle East and North Africa, South East Asia and South Asia. In South and Sub-Saharan Africa, Marico has a notable presence in South Africa. The company has also established its footprint in the Middle East with operations in Egypt and other Middle Eastern countries. In Southeast Asia, Marico extends its reach to Vietnam and Myanmar. It has a strong presence in Bangladesh within the South Asian region, apart from India.

In the fiscal year 2023, Marico had a sale of over 2 billion packs. The company witnessed 11 patents granted and the introduction of 14 new products during this period.

Financial highlights

– Marico’s revenue from operations for FY23 stood at ₹9,764 crore, up by 2.65% compared to ₹9,512 crore in FY22. – The net profit after tax for FY23 was ₹1,322 crore compared to ₹1,255 crore during the previous year. – In FY23, the earnings before interest, tax, depreciation and amortisation (EBITDA) increased to ₹1,810 crore from the previous year's ₹1,681 crore. – The company's earnings per share (EPS) stood at ₹10.1 in FY23 compared to ₹9.5 in the previous financial year.

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Marico Key indicators

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52 week high

₹595.00

52 week low

₹462.70

P/E ratio

44.6

P/B ratio

14.2

ROE

35.43%

ROCE

44.42%

Dividend yield

0.89%

Debt/Equity ratio

0.02

EPS

9.14

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Investment checklist: (3/6)

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Equity returns

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Dividend returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

58%

Hold

31%

Sell

11%

This analysis is based on the reviews of 38 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

19.33%

Net profit margin

13.92%

ROE

35.43%

ROA

25.36%

ROCE

44.42%

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Marico Shareholder returns

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1 day

-0.22%

1 week

-1.92%

1 month

+3.11%

3 months

-4.71%

1 year

+7.94%

3 years

+20.34%

5 years

+38.02%

Revenue statement

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Cash flow

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Balance sheet

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Marico Share Price history

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DayOpenCloseDay’s change
Fri, Apr 19 2024
₹503.85
₹505.30
+0.29%
Thu, Apr 18 2024
₹512.80
₹506.40
-1.26%
Tue, Apr 16 2024
₹506.70
₹508.15
+0.29%
Mon, Apr 15 2024
₹510.15
₹509.25
-0.18%
Fri, Apr 12 2024
₹516.70
₹514.55
-0.42%
Wed, Apr 10 2024
₹513.20
₹515.20
+0.39%
Tue, Apr 9 2024
₹518.80
₹509.55
-1.82%
Mon, Apr 8 2024
₹511.50
₹519.00
+1.45%

Shareholding info

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Promoters (59.34%)

Mutual Funds (3.12%)

Retail and other (5.24%)

Foreign institutions-FII (25.55%)

Other domestic institutions (6.75%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹6.5/share

    Ex date 06 Mar 2024

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  • Dividend • ₹3/share

    Ex date 07 Nov 2023

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  • Dividend • ₹4.5/share

    Ex date 08 Mar 2023

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  • Dividend • ₹6.25/share

    Ex date 04 Feb 2022

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  • Dividend • ₹3/share

    Ex date 08 Nov 2021

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Frequently asked questions