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5316

MaricoBSE:531642 Stock Report

Market Cap

₹742.2b

7D

-1.7%

1Y

56.3%

Updated

19 Oct, 2021

Data

Company Financials +
531642 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
Dividends4/6

531642 Overview

Marico Limited, together with its subsidiaries, manufactures and markets consumer products.

Price History & Performance

Summary of all time highs, changes and price drops for Marico
Historical stock prices
Current Share Price₹574.45
52 Week High₹336.75
52 Week Low₹606.00
Beta0.28
1 Month Change2.56%
3 Month Change8.41%
1 Year Change56.31%
3 Year Change83.65%
5 Year Change101.77%
Change since IPO11,390.44%

Recent News & Updates

Shareholder Returns

531642IN Personal ProductsIN Market
7D-1.7%-1.4%1.2%
1Y56.3%31.4%65.9%

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.

Price Volatility

Is 531642's price volatile compared to industry and market?
531642 volatility
531642 Beta0.28
Industry Beta0.30
Market Beta1

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

FoundedEmployeesCEOWebsite
19881,629Saugata Guptahttps://marico.com

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

How do Marico's earnings and revenue compare to its market cap?
531642 fundamental statistics
Market Cap₹742.16b
Earnings (TTM)₹11.47b
Revenue (TTM)₹86.48b

64.7x

P/E Ratio

8.6x

P/S Ratio


Dividends

1.3%

Current Dividend Yield

84%

Payout Ratio

Valuation

Is Marico undervalued compared to its fair value and its price relative to the market?

64.7x

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).


Future Growth

How is Marico forecast to perform in the next 1 to 3 years based on estimates from 33 analysts?

14.8%

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%).


Past Performance

How has Marico performed over the past 5 years?

10.4%

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.


Financial Health

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).


Balance Sheet


Dividend

What is Marico current dividend yield, its reliability and sustainability?

1.31%

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).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Saugata Gupta (53 yo)

14.75yrs

Tenure

₹140,297,138

Compensation

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.


Leadership Team

Experienced Management: 531642's management team is considered experienced (3.1 years average tenure).


Board Members

Experienced Board: 531642's board of directors are considered experienced (7.5 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Marico Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Marico Limited
  • Grande Palladium
  • 7th Floor
  • Mumbai
  • Maharashtra
  • 400098
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 15:31
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.