Marico Limited, together with its subsidiaries, manufactures and markets consumer products.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹574.45|
|52 Week High||₹336.75|
|52 Week Low||₹606.00|
|1 Month Change||2.56%|
|3 Month Change||8.41%|
|1 Year Change||56.31%|
|3 Year Change||83.65%|
|5 Year Change||101.77%|
|Change since IPO||11,390.44%|
Recent News & Updates
|531642||IN Personal Products||IN Market|
Return vs Industry: 531642 exceeded the Indian Personal Products industry which returned 33.5% over the past year.
Return vs Market: 531642 underperformed the Indian Market which returned 68.3% over the past year.
Stable Share Price: 531642 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 531642's weekly volatility (3%) has been stable over the past year.
About the Company
Marico Limited, together with its subsidiaries, manufactures and markets consumer products. The company offers coconut oils, hair oils, refined edible oils, anti-lice treatments, fabric care, health foods, hair waxes and gels, hair serums, shampoos, after showers, hair creams and conditioners, deodorants, hand sanitizers, body lotion and gels, shower gels, hair relaxers and straighteners, body oils, baby care, and other skin care and male grooming products, as well as hygiene products. It markets its products under the Parachute, Parachute Advansed, Nihar, Nihar Naturals, Saffola, Hair & Care, Revive, Mediker, Livon, and Set-wet brand names in India; and under the Parachute, Parachute Advansed, Fiancée, Hair Code, Caivil, Hercules, Black Chic, Code 10, Ingwe, X-men, and Thuan Phat brand names internationally.
Marico Fundamentals Summary
|531642 fundamental statistics|
Is 531642 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|531642 income statement (TTM)|
|Cost of Revenue||₹47.70b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 28, 2021
|Earnings per share (EPS)||8.88|
|Net Profit Margin||13.26%|
How did 531642 perform over the long term?See historical performance and comparison
1.3%Current Dividend Yield
Is Marico undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 531642 (₹574.45) is trading above our estimate of fair value (₹192.31)
Significantly Below Fair Value: 531642 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 531642 is poor value based on its PE Ratio (64.7x) compared to the Indian Personal Products industry average (48.7x).
PE vs Market: 531642 is poor value based on its PE Ratio (64.7x) compared to the Indian market (22.2x).
Price to Earnings Growth Ratio
PEG Ratio: 531642 is poor value based on its PEG Ratio (4.4x)
Price to Book Ratio
PB vs Industry: 531642 is overvalued based on its PB Ratio (22.9x) compared to the IN Personal Products industry average (3.4x).
How is Marico forecast to perform in the next 1 to 3 years based on estimates from 33 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 531642's forecast earnings growth (14.8% per year) is above the savings rate (6.7%).
Earnings vs Market: 531642's earnings (14.8% per year) are forecast to grow slower than the Indian market (19.1% per year).
High Growth Earnings: 531642's earnings are forecast to grow, but not significantly.
Revenue vs Market: 531642's revenue (10.4% per year) is forecast to grow slower than the Indian market (12.8% per year).
High Growth Revenue: 531642's revenue (10.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 531642's Return on Equity is forecast to be very high in 3 years time (40.5%).
How has Marico performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 531642 has high quality earnings.
Growing Profit Margin: 531642's current net profit margins (13.3%) are lower than last year (15.5%).
Past Earnings Growth Analysis
Earnings Trend: 531642's earnings have grown by 10.4% per year over the past 5 years.
Accelerating Growth: 531642's earnings growth over the past year (4.8%) is below its 5-year average (10.4% per year).
Earnings vs Industry: 531642 earnings growth over the past year (4.8%) underperformed the Personal Products industry 26.6%.
Return on Equity
High ROE: 531642's Return on Equity (36.1%) is considered high.
How is Marico's financial position?
Financial Position Analysis
Short Term Liabilities: 531642's short term assets (₹33.4B) exceed its short term liabilities (₹20.1B).
Long Term Liabilities: 531642's short term assets (₹33.4B) exceed its long term liabilities (₹2.4B).
Debt to Equity History and Analysis
Debt Level: 531642's debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: 531642's debt to equity ratio has reduced from 16.2% to 14.4% over the past 5 years.
Debt Coverage: 531642's debt is well covered by operating cash flow (440%).
Interest Coverage: 531642's interest payments on its debt are well covered by EBIT (44.5x coverage).
What is Marico current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 531642's dividend (1.31%) is higher than the bottom 25% of dividend payers in the Indian market (0.33%).
High Dividend: 531642's dividend (1.31%) is low compared to the top 25% of dividend payers in the Indian market (1.36%).
Stability and Growth of Payments
Stable Dividend: 531642's dividend payments have been volatile in the past 10 years.
Growing Dividend: 531642's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (84.4%), 531642's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 531642's dividends in 3 years are forecast to be covered by earnings (72.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Saugata Gupta (53 yo)
Mr. Saugata Gupta has been the Chief Executive Officer of Marico Limited since April 2013 and also has been its Managing Director since March 31, 2014. Mr. Gupta serves as an Independent Director at Delhiv...
CEO Compensation Analysis
Compensation vs Market: Saugata's total compensation ($USD1.86M) is above average for companies of similar size in the Indian market ($USD1.05M).
Compensation vs Earnings: Saugata's compensation has been consistent with company performance over the past year.
Experienced Management: 531642's management team is considered experienced (3.1 years average tenure).
Experienced Board: 531642's board of directors are considered experienced (7.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 531642 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Marico Limited's employee growth, exchange listings and data sources
- Name: Marico Limited
- Ticker: 531642
- Exchange: BSE
- Founded: 1988
- Industry: Personal Products
- Sector: Household
- Market Cap: ₹742.157b
- Shares outstanding: 1.29b
- Website: https://marico.com
Number of Employees
- Marico Limited
- Grande Palladium
- 7th Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:31|
|End of Day Share Price||2021/10/19 00:00|
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 here.