Analyst Rating
based on 38 analysts
68.42%
Buy
15.79%
Hold
15.79%
Sell
Based on 38 analysts offering long term price targets for Marico Ltd. An average target of ₹698
Source: S&P Global Market Intelligence
Marico Ltd Share analysis
Marico Ltd price forecast by 38 analysts
Upside of0.87%
High
₹821
Target
₹698.00
Low
₹470
Marico Ltd target price ₹698, a slight upside of 0.87% compared to current price of ₹695.3. According to 38 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Marico Ltd revenue growth forecast
Expected growth rate Q1, FY2026:6.36%
Forecast
Actual
Including amortisation and stock based compensations
Marico Ltd EPS growth forecast
EPS estimate Q1, FY2026:26.05%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹686.55₹696.352 Week's Low
52 Week's High
₹486.3₹697.4
| Returns % | |
| 1 Month Return | + 3.41 % |
| 3 Month Return | + 10.99 % |
| 1 Year Return | + 18.9 % |
| Market Stats | |
| Previous Close | ₹692.00 |
| Open | ₹693.00 |
| Volume | 9.72L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹89,595.81Cr |
Key Statistics
| P/E Ratio | 58.84 |
| PEG Ratio | 46.33 |
| Market Cap | ₹89,595.81 Cr |
| P/B Ratio | 17.82 |
| EPS | 11.64 |
| Dividend Yield | 1.91 |
| Sector | Edible Oil |
| ROE | 29.64 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹89,595.81 Cr | 16.43% | 0.53 | ₹1,502 Cr | ₹11,094 Cr | |
| HOLD | ₹99,262.52 Cr | 35.41% | 0.52 | NA | NA | |
| BUY | ₹1,49,281.29 Cr | 24.96% | 0.59 | -₹561 Cr | ₹14,096 Cr | |
| HOLD | ₹2,45,556.37 Cr | 19.58% | 0.75 | NA | NA | |
| BUY | ₹1,47,195.82 Cr | 26.76% | 0.69 | ₹2,134 Cr | ₹16,769 Cr |
Mutual Fund Holdings
Company Information
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: ₹695.30 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹89,595.81Cr as of today
Revenue: ₹2,643.00Cr as on June 2024 (Q2 24)
Net Profit: ₹474.00Cr as on June 2024 (Q2 24)
Listing date: 01 May, 1996
Chairperson Name: Harsh Mariwala
| Organisation | Marico Ltd |
| Headquarters | Mumbai |
| Industry | Edible Oil |
| E-voting on shares | Click here to vote |
Key events for Marico Ltd
Marico Reports Strong Q1 Performance and Optimistic Outlook - 17 Sep, 2024
Marico announced a nearly 9% rise in net profit and a 7% increase in revenue for Q1 FY25. The company anticipates improved FMCG demand driven by stable inflation and government support for the rural economy, aiming for a significant rise in its foods and premium personal care segments by FY27.
Marico Reports Strong Q1 Growth Amid Challenges - 13 Sep, 2024
Marico Ltd reported a 6.7% increase in revenue and an 11.5% rise in net profit for Q1 FY25, despite concerns regarding its exposure to Bangladesh. The company is focusing on expanding its food business and adjusting pricing strategies to sustain profitability.
Marico Anticipates Strong Growth Amid Challenges - 12 Sep, 2024
Marico's management projects double-digit revenue growth in H2FY2025, despite concerns over Bangladesh exposure. The company aims to increase its food and premium personal care segments significantly.
Marico Launches Ambitious Plastics Recycling Initiative - 10 Sep, 2024
Marico Ltd, through the Marico Innovation Foundation, is launching a plastics recycling project in Hyderabad and Raipur, targeting significant waste processing and CO2 reduction while creating jobs.
Marico Expands Stake in Apcos Naturals - 09 Sep, 2024
Marico Ltd plans to acquire the remaining 40% stake in Apcos Naturals for Rs. 70 crores, aiming to strengthen its presence in the premium beauty market. The company reported a 6.7% YoY revenue growth and an 8.7% increase in net profit for Q1 FY25, with shares rising 1.8% to Rs. 678.2.
Marico Shares Rise Despite Market Challenges - 06 Sep, 2024
Marico shares gained 4.5% on heavy trading volumes, outperforming the Nifty 50 index. Analysts suggest bullish momentum, with potential targets of Rs 691-727. However, CLSA maintains an Underperform rating, citing risks in the FMCG sector.
CLSA Adjusts Marico Target Price Amid Challenges - 04 Sep, 2024
CLSA maintains an Underperform rating on Marico, raising its target price from Rs 460 to Rs 470. While Parachute remains strong, Saffola faces increasing competition, particularly from quick commerce and private brands, making growth challenging.
Marico Faces Challenges Amid New Product Launch - 03 Sep, 2024
Marico Ltd launched Saffola Masala Millets to expand its health-focused offerings. However, CLSA maintains an Underperform rating, citing competition and eroding distribution advantages.
Marico Reports Positive Rural Demand Growth - 30 Aug, 2024
Saugata Gupta, MD & CEO of Marico, highlighted a gradual improvement in rural demand, indicating that rural growth has outpaced urban growth in the June quarter.
Marico Targets ₹1,000-Crore Digital Business Growth - 29 Aug, 2024
Marico aims to grow its digital-first brands, Beardo and Plix, to ₹1,000 crore in three years. Despite global challenges, the company reports strong volume growth and a resilient outlook, expecting double-digit revenue growth from FY25's second half. The food segment has seen significant expansion, and management remains optimistic about rural market recovery.
Marico Launches Direct Distribution Initiative - 26 Aug, 2024
Marico's MD & CEO, Saugata Gupta, announced the launch of Phase 1 of Project Setu, focusing on direct distribution to enhance market share in rural areas. The company plans to invest Rs 80-100 crore over three years to boost direct distribution by 50%.
Marico Plans Expansion and Market Share Growth - 22 Aug, 2024
Post Q1 results, Marico aims to scale up Phase 1 markets and enter new states with Project SETU, enhancing distribution and market share in urban and rural segments.
Marico Aims for FMCG Leadership and Digital Growth - 19 Aug, 2024
Marico's CEO Saugata Gupta outlines a growth strategy focusing on premium personal care, digital-first brands, and food diversification. The company aims to significantly expand its revenue and market presence over the next five years, with positive signs of recovery in rural consumption and improved margins in the food segment.
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 IMPACTProfit Spike
Netprofit is up for the last 2 quarters, 318.0 Cr → 464.0 Cr (in ₹), with an average increase of 31.5% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 2.29K Cr → 2.68K Cr (in ₹), with an average increase of 14.4% per quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, MARICO stock has moved up by 22.0%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 3.12% to 5.04% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Colgate-Palmolive India Ltd has given 111.4% return, outperforming this stock by 89.4%
- NO EFFECT
Against Peers
In the last 1 year, Colgate-Palmolive India Ltd has given 82.9% return, outperforming this stock by 64.0%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 59.35% to 59.28% in Jun 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 25.54% to 24.61% in Jun 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 4.91% to 4.69% in Jun 2024 quarter
Marico Ltd Infographics
Marico Ltd Q1 FY2024-2025 Results: Key Insights
Marico reported a 8.7% profit growth driven by domestic business growth.
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 59.28% | ||
| Foreign Institutions | 24.61% | ||
| Mutual Funds | 5.04% | 61.50 | |
| Retail Investors | 4.69% | ||
| Others | 6.37% |
Key Indicators
Marico Ltd Valuation
Marico Ltd in the last 5 years
Lowest (25.23x)
March 23, 2020
Today (58.84x)
September 17, 2024
Industry (146.70x)
September 17, 2024
Highest (64.75x)
September 13, 2021
Earnings and Dividends
Marico Ltd Earnings Results
Marico Ltd’s net profit jumped 8.67% since last year same period to ₹464Cr in the Q1 2024-2025. On a quarterly growth basis, Marico Ltd has generated 45.91% jump 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 2.02%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Marico Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Marico Ltd (MARICO) share price today is ₹695.3
Marico Ltd is listed on NSE
Marico Ltd is listed on BSE
- Today’s highest price of Marico Ltd is ₹696.3.
- Today’s lowest price of Marico Ltd is ₹686.55.
PE Ratio of Marico Ltd is 58.84
PE ratio = Marico Ltd Market price per share / Marico Ltd Earnings per share
Today’s traded volume of Marico Ltd(MARICO) is 9.72L.
Today’s market capitalisation of Marico Ltd(MARICO) is ₹89595.81Cr.
| Marico Ltd(MARICO | Price |
|---|---|
52 Week High | ₹697.4 |
52 Week Low | ₹486.3 |
Marico Ltd(MARICO) share price is ₹695.3. It is down -0.30% from its 52 Week High price of ₹697.4
Marico Ltd(MARICO) share price is ₹695.3. It is up 42.98% from its 52 Week Low price of ₹486.3
| Marico Ltd(MARICO | Returns |
|---|---|
1 Day Returns | 3.3% |
1 Month Returns | 3.41% |
3 Month Returns | 10.99% |
1 Year Returns | 18.9% |