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Marico Limited

Consumer Defensive IN MARICO

816.8INR
5.55(0.68%)

Last update at 2026-06-04T09:47:00Z

Day Range

805.45826.55
LowHigh

52 Week Range

572.15780.00
LowHigh

Fundamentals

  • Previous Close 811.25
  • Market Cap982425.53M
  • Volume1774332
  • P/E Ratio59.05
  • Dividend Yield0.90%
  • EBITDA21490.00M
  • Revenue TTM122650.00M
  • Revenue Per Share TTM94.78
  • Gross Profit TTM 56280.00M
  • Diluted EPS TTM12.85

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Income before tax 21160.00M 19370.00M 17430.00M 16010.00M 15230.00M
Minority interest -290.00000M -210.00000M -200.00000M -300.00000M 180.00M
Net income 16290.00M 14810.00M 13020.00M 12250.00M 11720.00M
Selling general administrative 8310.00M 7430.00M 1010.00M 730.00M 610.00M
Selling and marketing expenses 11280.00M 9520.00M 8420.00M 7960.00M 6980.00M
Gross profit 54430.00M 45630.00M 44130.00M 37470.00M 34630.00M
Reconciled depreciation 1780.00M 1580.00M 1550.00M 1390.00M 1390.00M
Ebit 19610.00M 20090.00M 17990.00M 15900.00M 15110.00M
Ebitda 21390.00M 21670.00M 19540.00M 17290.00M 16500.00M
Depreciation and amortization 1780.00M 1580.00M 1550.00M 1390.00M 1390.00M
Non operating income net other - - - - -
Operating income 34840.00M 18000.00M 16590.00M 15470.00M 14535.00M
Other operating expenses 73470.00M 77050.00M 81090.00M 79110.00M 65380.00M
Interest expense 530.00M 730.00M 560.00M 190.00M 240.00M
Tax provision 4580.00M 4350.00M 4210.00M 3460.00M 3240.00M
Interest income 1240.00M 770.00M 560.00M 390.00M 360.00M
Net interest income -530.00000M -730.00000M -560.00000M -390.00000M -340.00000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 4580.00M 4350.00M 4210.00M 3460.00M 3240.00M
Total revenue 108310.00M 95730.00M 97640.00M 94520.00M 79910.00M
Total operating expenses 19590.00M 17830.00M 27580.00M 22060.00M 20100.00M
Cost of revenue 53880.00M 50100.00M 53510.00M 57050.00M 45280.00M
Total other income expense net -13680.00000M 1370.00M 840.00M 540.00M 695.00M
Discontinued operations - - - - -
Net income from continuing ops 16580.00M 15020.00M 13220.00M 12550.00M 11990.00M
Net income applicable to common shares 16290.00M 14810.00M 13020.00M 12250.00M 11720.00M
Preferred stock and other adjustments - - - - -
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Total assets 83380.00M 74210.00M 69460.00M 57860.00M 55100.00M
Intangible assets 9460.00M 9370.00M 5600.00M 3060.00M 2300.00M
Earning assets - - - - -
Other current assets 4170.00M 2870.00M 2290.00M 2130.00M 10.00M
Total liab 40720.00M 32520.00M 29900.00M 23810.00M 22520.00M
Total stockholder equity 39750.00M 38320.00M 37990.00M 33480.00M 32400.00M
Deferred long term liab - - - - -
Other current liab 6090.00M 3560.00M 2170.00M 2240.00M 50.00M
Common stock 1290.00M 1290.00M 1290.00M 1290.00M 1290.00M
Capital stock 1290.00M 1290.00M 1290.00M 1290.00M 1290.00M
Retained earnings 36990.00M 38610.00M 35260.00M 30720.00M 30380.00M
Other liab - - - 1370.00M 1090.00M
Good will 8570.00M 8630.00M 8620.00M 6540.00M 6130.00M
Other assets 800.00M 930.00M 1670.00M 3170.00M 3020.00M
Cash 3200.00M 2280.00M 2070.00M 2760.00M 1080.00M
Cash and equivalents 280.00M 270.00M 110.00M 1630.00M 550.00M
Total current liabilities 24610.00M 24440.00M 24290.00M 21530.00M 20130.00M
Current deferred revenue 590.00M 830.00M 2450.00M 1970.00M 4940.00M
Net debt -2230.00000M 3000.00M 4010.00M 2030.00M 4020.00M
Short term debt 4300.00M 4240.00M 5150.00M 3880.00M 3800.00M
Short long term debt 3790.00M 3830.00M 4730.00M 3450.00M 3400.00M
Short long term debt total 5540.00M 5280.00M 6080.00M 4790.00M 5100.00M
Other stockholder equity 1470.00M 4740.00M 1440.00M 1470.00M 730.00M
Property plant equipment 9800.00M 9530.00M 8750.00M 8170.00M 7760.00M
Total current assets 50830.00M 40030.00M 38200.00M 35050.00M 33360.00M
Long term investments - - - - -
Net tangible assets - - - 23880.00M 23970.00M
Short term investments 18290.00M 9730.00M 11310.00M 9420.00M 13990.00M
Net receivables 12790.00M 11790.00M 10280.00M 6620.00M 7020.00M
Long term debt 0.00000M 0.00000M 20.00M 0.00000M 80.00M
Inventory 12350.00M 13360.00M 12250.00M 14120.00M 11260.00M
Accounts payable 13630.00M 15810.00M 14520.00M 13440.00M 11340.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 38460.00M -6320.00000M - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 2340.00M 2230.00M 1490.00M 1300.00M 1190.00M
Deferred long term asset charges - - - - -
Non current assets total 32550.00M 34180.00M 31260.00M 22810.00M 21740.00M
Capital lease obligations 1750.00M 1450.00M 1330.00M 1340.00M 1600.00M
Long term debt total 1240.00M 1040.00M 930.00M 910.00M 1300.00M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Investments -6210.00000M 1760.00M -9290.00000M 3370.00M -4260.00000M
Change to liabilities - - - 2100.00M 1840.00M
Total cashflows from investing activities -6210.00000M 1760.00M -9290.00000M 4280.00M -9380.00000M
Net borrowings -50.00000M -910.00000M - -670.00000M -310.00000M
Total cash from financing activities -6490.00000M -15420.00000M -5600.00000M -12900.00000M -11190.00000M
Change to operating activities - - - 60.00M 1480.00M
Net income 16290.00M 14810.00M 17430.00M 16010.00M 15230.00M
Change in cash 930.00M 210.00M -690.00000M 1670.00M 160.00M
Begin period cash flow 2280.00M 2070.00M 2760.00M 1090.00M 930.00M
End period cash flow 3210.00M 2280.00M 2070.00M 2760.00M 1090.00M
Total cash from operating activities 13630.00M 14360.00M 14190.00M 10160.00M 20680.00M
Issuance of capital stock 460.00M 340.00M 90.00M 410.00M 60.00M
Depreciation 1780.00M 1580.00M 1550.00M 1390.00M 1390.00M
Other cashflows from investing activities 1400.00M 840.00M -7470.00000M 2720.00M -2430.00000M
Dividends paid 4530.00M 12290.00M -5820.00000M -11950.00000M -10290.00000M
Change to inventory 1010.00M -1010.00000M 1910.00M -2860.00000M 2510.00M
Change to account receivables -2050.00000M -430.00000M -3600.00000M -2720.00000M 1470.00M
Sale purchase of stock 460.00M 340.00M 90.00M 410.00M 60.00M
Other cashflows from financing activities -2370.00000M -2560.00000M 130.00M -1360.00000M -960.00000M
Change to netincome - - - -60.00000M 270.00M
Capital expenditures 1610.00M 1530.00M 1820.00M 1320.00M 1420.00M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -2930.00000M -2260.00000M -590.00000M -3420.00000M 7300.00M
Stock based compensation 430.00M 390.00M 190.00M 100.00M 60.00M
Other non cash items -1940.00000M -160.00000M 70.00M -200.00000M -250.00000M
Free cash flow 12020.00M 12830.00M 12370.00M 8840.00M 19260.00M

Peer Comparison

Sector: Consumer Defensive Industry: Household & Personal Products

Company Change (INR) Price (INR) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
MARICO
Marico Limited
5.55 0.68% 816.80 59.05 41.32 8.01 24.73 8.14 41.58
HINDUNILVR
Hindustan Unilever Limited
-9.1 0.44% 2081.50 51.54 52.91 8.73 11.57 8.75 34.49
GODREJCP
Godrej Consumer Products Limited
8.50 0.86% 995.00 69.69 42.73 8.56 10.50 8.74 41.33
DABUR
Dabur India Limited
6.50 1.56% 424.35 51.13 50.76 7.21 8.43 7.07 30.75
COLPAL
Colgate Palmolive (India) Limited
-16.7 0.83% 2001.90 41.94 42.02 9.48 35.69 9.46 28.41

Reports Covered

Stock Research & News

Profile

Marico Limited, together with its subsidiaries, manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally. It offers coconut oils, refined edible oils, hair oils, anti-lice treatments, fabric care, functional and other processed food, hair creams and gels, hair serums, shampoos, shower gels, shower gels, hair relaxers and straighteners, deodorants, female personal care, baby care, skin care, male grooming and hair styling, packaged food, health care, and hygiene products, as well as conditioners. The company markets its products under the Parachute, Saffola, Saffola FITTIFY, Hair & Care, Parachute Advansed, Nihar Naturals, Mediker, Pure Sense, Coco Soul, Revive, Set Wet, Livon, Just Herbs, True Elements, Beardo, and Plix brand names in India; and under the Parachute, Parachute Advansed, HairCode, Fiancée, Purité de Prôvence, Ôliv, Lashe', Caivil, Hercules, Black Chic, Code 10, Ingwe, X-Men, Studio X, Thuan Phat and Isoplus brand names internationally. It sells its products through distribution network, including regional offices, carrying and forwarding agents, redistribution centers, and distributors. Marico Limited was incorporated in 1988 and is headquartered in Mumbai, India.

Marico Limited

Grande Palladium, Mumbai, India, 400098

Key Executives

Name Title Year Born
Mr. Saugata Gupta MD, CEO & Exec. Director 1967
Mr. Pawan Agrawal CFO, Exec. VP, Head of Fin. & Investor Relations NA
Mr. Vinay M. A. Company Sec. & Compliance Officer NA
Dr. Harshraj Charandas Mariwala Founder & Non- Exec. Chairman 1951
Dr. Shilpa Vora Chief Technology Officer NA
Mr. Vrijesh Nagathan Chief Information & Digital Technology Officer NA
Mr. Amit Bhasin Chief Legal Officer & Group Gen. Counsel NA
Ms. Somasree Bose Awasthi Chief Marketing Officer 1978
Mr. Amit Prakash Chief Human Resource Officer NA
Mr. John Mason Exec. VP & MD of Marico South Africa Pty. Limited NA

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