Marico Limited
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.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Healthy return on equity of 30.0%
Concerns1
- Slow revenue growth of 3.6% CAGR over 5 years
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (₹ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (₹ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | ₹7.58 K Cr | — | ₹1.54 K Cr | — | — | 32.4% | 8.3% | 42.9% |
| Mar 2024 | ₹7.00 K Cr | — | ₹1.08 K Cr | — | — | 30.0% | -6.4% | -8.6% |
| Mar 2023 | ₹7.48 K Cr | — | ₹1.18 K Cr | — | — | 32.1% | -0.3% | 1.4% |
| Mar 2022 | ₹7.50 K Cr | — | ₹1.16 K Cr | — | — | 38.1% | 18.4% | 5.2% |
| Mar 2021 | ₹6.34 K Cr | — | ₹1.11 K Cr | — | — | 36.4% | 8.3% | 9.8% |
| Mar 2020 | ₹5.85 K Cr | — | ₹1.01 K Cr | — | — | 34.9% | -2.0% | -10.8% |
| Mar 2019 | ₹5.97 K Cr | — | ₹1.13 K Cr | — | — | 32.4% | 15.5% | 57.2% |
| Mar 2018 | ₹5.17 K Cr | — | ₹718.00 Cr | — | — | 23.6% | 6.6% | -14.8% |
| Mar 2017 | ₹4.85 K Cr | — | ₹843.00 Cr | — | — | 28.8% | -0.2% | 22.0% |
| Mar 2016 | ₹4.86 K Cr | — | ₹691.00 Cr | — | — | 27.2% | 3.8% | 26.8% |
Financial Statements
Income statement, balance sheet, and cash flow (₹ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 8,542 |
| Total Expenses | 7,061 |
| EBIT / Operating Profit | 1,481 |
| OPM % | 17% |
| Other Income | 918 |
| Finance Costs | 22 |
| Depreciation & Amortisation | 129 |
| Profit Before Tax | 2,248 |
| Tax % | - |
| Net Profit / PAT | 1,877 |
| EPS (₹) | 14.48 |
| Dividend Payout % | - |
Peer Comparison
Consumer Discretionary sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Marico Limitedthis co. | ₹98.15 K Cr | ₹7.58 K Cr | 52.30 | 19.38 | 63.51 | 8.3% |
| Titan Company Limited | ₹3.76 L Cr | ₹54.84 K Cr | 96.60 | 21.09 | 69.49 | 16.4% |
| Eternal Limited | ₹2.84 L Cr | ₹8.62 K Cr | 120.00 | 7.95 | 193.91 | 30.1% |
| Avenue Supermarts Limited | ₹2.49 L Cr | ₹57.79 K Cr | 79.80 | 10.46 | 57.86 | 16.7% |
| Trent Ltd [Lakme Ltd] | ₹1.39 L Cr | ₹16.67 K Cr | 82.40 | 21.09 | 49.02 | 39.8% |
| SWIGGY LIMITED | ₹96.87 K Cr | ₹8.80 K Cr | — | 7.26 | -63.92 | 38.0% |
| Indian Hotels Co. Ltd | ₹96.52 K Cr | ₹4.92 K Cr | 64.60 | 8.42 | 53.29 | 11.6% |
| Industry Average | — | ₹4.70 K Cr | 80.04 | 7.96 | 62.25 | 24.3% |