Marico Balance Sheet Health
Financial Health criteria checks 6/6
Marico has a total shareholder equity of ₹42.7B and total debt of ₹3.8B, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are ₹83.4B and ₹40.7B respectively. Marico's EBIT is ₹19.6B making its interest coverage ratio 37. It has cash and short-term investments of ₹21.5B.
Key information
8.88%
Debt to equity ratio
₹3.79b
Debt
| Interest coverage ratio | 37x |
| Cash | ₹21.52b |
| Equity | ₹42.66b |
| Total liabilities | ₹40.72b |
| Total assets | ₹83.38b |
Recent financial health updates
Does Marico (NSE:MARICO) Have A Healthy Balance Sheet?
Mar 24
Here's Why Marico (NSE:MARICO) Can Manage Its Debt Responsibly
Nov 13Recent updates
Marico Limited (NSE:MARICO) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?
May 06Marico Limited (NSE:MARICO) Investors Are Less Pessimistic Than Expected
Apr 14Does Marico (NSE:MARICO) Have A Healthy Balance Sheet?
Mar 24Is Now The Time To Put Marico (NSE:MARICO) On Your Watchlist?
Mar 06Marico (NSE:MARICO) Is Aiming To Keep Up Its Impressive Returns
Feb 19Pinning Down Marico Limited's (NSE:MARICO) P/E Is Difficult Right Now
Jan 13Here's Why We Think Marico (NSE:MARICO) Might Deserve Your Attention Today
Nov 28Here's Why Marico (NSE:MARICO) Can Manage Its Debt Responsibly
Nov 13Earnings Update: Here's Why Analysts Just Lifted Their Marico Limited (NSE:MARICO) Price Target To ₹696
Aug 08We Think Some Shareholders May Hesitate To Increase Marico Limited's (NSE:MARICO) CEO Compensation
Aug 03Does Marico (NSE:MARICO) Deserve A Spot On Your Watchlist?
Jul 03Many Would Be Envious Of Marico's (NSE:MARICO) Excellent Returns On Capital
Jun 18Earnings Not Telling The Story For Marico Limited (NSE:MARICO)
Jun 05Financial Position Analysis
Short Term Liabilities: MARICO's short term assets (₹50.8B) exceed its short term liabilities (₹24.6B).
Long Term Liabilities: MARICO's short term assets (₹50.8B) exceed its long term liabilities (₹16.1B).
Debt to Equity History and Analysis
Debt Level: MARICO has more cash than its total debt.
Reducing Debt: MARICO's debt to equity ratio has reduced from 12% to 8.9% over the past 5 years.
Debt Coverage: MARICO's debt is well covered by operating cash flow (359.6%).
Interest Coverage: MARICO's interest payments on its debt are well covered by EBIT (37x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/14 02:32 |
| End of Day Share Price | 2025/05/14 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Marico Limited is covered by 75 analysts. 38 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nihal Jham | Ambit Capital |
| Sanket Gharat | Ambit Capital |
| Nitin Bhasin | Ambit Capital |