• Chart
  • F&O
  • Rating
  • Financials
  • Technicals
  • Volume
  • Result
  • Synopsis
  • Corp Action
  • MF Shareholding
  • Similar Stocks
  • FAQs
    1. Home
    2. Stocks
    3. Marico Share Price

    Marico Share PriceMarico

    Large Cap 9.5k Result
    ₹573.9
    -0.75 (-0.13%)
    As on 22 September, 2023 | 23:47 BSE: 531642 NSE: MARICOISIN: INE196A01026

    Marico Performance

    Day Range

    • Low 571.55
    • High 575.45
    573.9

    52 Week Range

    • Low 462.7
    • High 591.75
    573.9
    • Open Price574.25
    • Previous Close574.65
    • Volume871842

    Start SIP in Marico

    Start SIP

    Marico Share Price

    • Over 1 Month 2.7%
    • Over 3 Month 9.47%
    • Over 6 Month 18.61%
    • Over 1 Year 4.45%

    Marico Key Statistics

    P/E Ratio 54.7
    PEG Ratio 5.8
    Market Cap Cr 74,240
    Price to Book Ratio 18.7
    EPS 9.1
    Dividend 0.8
    Relative Strength Index 50.97
    Money Flow Index 48.79
    MACD Signal 5.64
    Average True Range 9.81

    Marico F&O

    Marico Futures
    Marico Option Chain

    Marico Investment Rating

    • Master Rating:

    • Marico has an operating revenue of Rs. 9,683.00 Cr. on a trailing 12-month basis. An annual revenue growth of 3% is not great, Pre-tax margin of 18% is great, ROE of 34% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 9% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around 2% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 77 which is a FAIR score but needs to improve its earnings, a RS Rating of 44 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 165 indicates it belongs to a poor industry group of Cosmetics/Personal Care and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

    EPS Strength

    Price Strength

    Buyer Demand

    Group Rank

    Marico Financials
    IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 1,8411,7021,8911,9091,9761,686
    Operating Expenses Qtr Cr 1,4381,4231,5511,6011,5941,439
    Operating Profit Qtr Cr 403279340308382247
    Depreciation Qtr Cr 253128252524
    Interest Qtr Cr 7991088
    Tax Qtr Cr 1016584709448
    Net Profit Qtr Cr 307204254334387293
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 7,8067,857
    Operating Expenses Annual Cr 6,1696,317
    Operating Profit Annual in Cr 1,3091,183
    Depreciation Cr 10997
    Interest Annual Cr 3630
    Tax Annual Cr 313250
    Net Profit Annual Cr 1,1791,163
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 1,002656
    Cash from Investing Activity Annual Cr -346626
    Cash from Financing Annual Activity Cr -676-1,267
    Net Cash Flow Annual Cr -2015
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 3,6773,049
    Fixed Assets Annual Cr 736694
    Total Non Current Assets Annual Cr 2,2151,692
    Total Current Assets Annual Cr 2,8742,804
    Total Assets Annual Cr 5,0894,496
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 2924
    ROE Annual % 3238
    ROCE Annual % 4146
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 2221
    IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 2,4772,2402,4702,4962,5582,161
    Operating Expenses Qtr Cr 1,9031,8472,0142,0632,0301,815
    Operating Profit Qtr Cr 574393456433528346
    Depreciation Qtr Cr 364339373637
    Interest Qtr Cr 171714151011
    Tax Qtr Cr 131961109312265
    Net Profit Qtr Cr 427302328301371251
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 9,9089,610
    Operating Expenses Annual Cr 7,9547,831
    Operating Profit Annual in Cr 1,8101,681
    Depreciation Cr 155139
    Interest Annual Cr 5639
    Tax Annual Cr 421346
    Net Profit Annual Cr 1,3021,225
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 1,4191,016
    Cash from Investing Activity Annual Cr -929428
    Cash from Financing Annual Activity Cr -560-1,290
    Net Cash Flow Annual Cr -70154
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 3,7993,348
    Fixed Assets Annual Cr 1,4511,145
    Total Non Current Assets Annual Cr 3,1262,281
    Total Current Assets Annual Cr 3,8203,505
    Total Assets Annual Cr 6,9465,786
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 3126
    ROE Annual % 3437
    ROCE Annual % 4045
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 2019

    Marico Technicals

    EMA & SMA

    Current Price
    ₹573.9
    -0.75 (-0.13%)
    • Bullish Moving Average
    • ___
    • 9
    • Bearish Moving Average
    • ___
    • 7
    • 20 Day
    • ₹575.37
    • 50 Day
    • ₹564.54
    • 100 Day
    • ₹549.62
    • 200 Day
    • ₹534.02
    • 20 Day
    • ₹576.03
    • 50 Day
    • ₹563.84
    • 100 Day
    • ₹548.52
    • 200 Day
    • ₹523.38

    Marico Resistance and Support

    PIVOT
    ₹573.64
    Resistance
    First Resistance ₹575.72
    Second Resistance ₹577.54
    Third Resistance ₹579.62
    RSI 50.97
    MFI 48.79
    MACD Single Line 5.64
    MACD 4.08
    Support
    First Resistance ₹571.82
    Second Resistance ₹569.74
    Third Resistance ₹567.92

    Marico Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 879,028 61,549,541 70.02
    Week 1,216,317 75,289,991 61.9
    1 Month 1,606,043 101,534,047 63.22
    6 Month 1,590,931 92,655,795 58.24

    Marico Result Highlights

    Marico Synopsis

    NSE-Cosmetics/Personal Care

    Marico Ltd. is involved in the business activities of Manufacture of vegetable oils and fats excluding corn oil. Company’s Total Operating Revenue is Rs. 7478.00 Cr. and Equity Capital is Rs. 129.00 Cr. for the Year ended 31/03/2023. Marico Ltd. is a Public Limited Listed company incorporated on 13/10/1988 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L15140MH1988PLC049208 and registration number is 049208.
    Market Cap 74,173
    Sales 7,343
    Shares in Float 53.04
    No of funds 810
    Yield 0.78
    Book Value 20.16
    U/D Vol ratio 1.2
    LTDebt / Equity
    Alpha
    Beta 0.37

    Marico

    Owner NameJun-23Mar-23Dec-22Sep-22
    Promoters 59.42%59.42%59.48%59.48%
    Mutual Funds 3.29%3.17%2.88%2.91%
    Insurance Companies 5.61%5.48%5.63%5.79%
    Foreign Portfolio Investors 24.96%24.97%25.07%25%
    Financial Institutions/ Banks 0.12%0.12%0.14%
    Individual Investors 4.14%4.24%4.23%4.23%
    Others 2.58%2.6%2.59%2.45%

    Marico Management

    Name Designation
    Mr. Harsh Mariwala Chairman & Non-Exe.Director
    Mr. Saugata Gupta Managing Director & CEO
    Mr. Rajendra Mariwala Non Executive Director
    Mr. Rishabh Mariwala Non Executive Director
    Mr. Nikhil Khattau Lead Independent Director
    Ms. Hema Ravichandar Independent Director
    Mr. Nayantara Bali Independent Director
    Mr. Ananth Sankaranarayanan Independent Director
    Mr. Milind Barve Independent Director
    Mr. Apurva Purohit Independent Director
    Mr. Rajeev Vasudeva Independent Director
    Mr. Rajan Bharti Mittal Independent Director

    Marico Forecast

    Price Estimates

    2,000(9.8%)
    1,758(-3.5%)
    1,590(-12.7%)

    Other Analyst Rating

    Marico Corporate Action

    Date Purpose Remarks
    2023-07-28 Quarterly Results
    2023-05-05 Audited Results
    2023-02-27 Interim Dividend
    2023-02-03 Quarterly Results
    2022-11-04 Quarterly Results
    Date Purpose Remarks
    2023-03-08 INTERIM Rs.4.50 per share(450%)Interim Dividend
    2022-02-07 INTERIM Rs.6.25 per share(625%)Second Interim Dividend
    2021-11-09 INTERIM Rs.3.00 per share(300%)Interim Dividend
    2021-03-12 INTERIM Rs.4.50 per share(450%)Second Interim Dividend

    Marico MF Shareholding

    Name Amount(cr)
    HDFC Balanced Advantage Fund Growth 61599
    ICICI Prudential Balanced Advantage Fund Growth 49102
    Kotak Equity Arbitrage Fund Growth 25860
    UTI Flexi Cap Fund Regular Plan Growth 25612
    ICICI Prudential Multi-Asset Fund Growth 22631
    • Company Name
    • CMP
    • Chg(%)
    • Company Name
    • CMP
    • Chg(%)

    About Marico

    Marico is one of India’s leading names in the FMCG sector. The company holds multiple brands in the categories of hair care, skin care, edible oils, health foods, male grooming, and fabric care. Its brands such as Parachute, Saffola, Hair & Care, Nihar, Livon, Mediker, etc. add value to the life of 1 in every 3 Indians. Its international portfolio includes brands such as Fiancée, Caivil, Hercules, Black Chic, Isoplus, Code 10, Ingwe, X-Men and Thuan Phat. These products are localized to fulfil the lifestyle needs of international consumers. It operates across 25 countries globally, including Bangladesh, Vietnam, Malaysia, Egypt, South Africa and the Middle East.

    Business Verticals

    Listed below are Marico’s product categories and some famous brands associated with them:

    1. Coconut Oil - Parachute, Nihar Naturals.
    2. Super-premium refined edible oils - Saffola.
    3. Value-added hair oils - Parachute Advanced, Nihar Naturals, Hair & Care.
    4. Healthy foods - Saffola oats, Coco Soul. Coconut oil, Saffola FITTIFY Gourmet Range.
    5. Premium Hair Nourishment - Livon, Hair & Care, Caivil, Black Chic, Isoplus, Detangler, etc.
    6. Male Grooming & Styling - Set Wet, Beardo, Parachute.
    7. Skin Care - Kaya Youth, Parachute Advanced.
    8. Hygiene - Mediker, Veggie Clean.
     

    Company History

    In 1971, Harsh Mariwala, then a young graduate, joined his family business by the name of Bombay Oil Industries. In 1974, he introduced the iconic Parachute coconut oil, and in 1990, the brand Marico was born. Currently, 95% of the company's brands are leading players in their market, i.e. either a No. 1 or No. 2 spot in terms of market share.

    Over the last 14 years, the company has completed 13 acquisitions of brands such as Fiancee, Caivil, X-Men, Set-wet, and Livon.

    Milestones

    1971 - Harsh Mariwala joins the family business - Bombay Oil Industries.

    1974 - Harsh sets up a national distribution network for Parachute, and the infamous blue bottle makes its first appearance.

    1980 - Plastic packs replaced the traditional tin packs, pioneering an industry-wide shift.

    1990 - The 3Ps of Marico are co-created by the leadership in its first Corporate Mission and Values document.

    1991 - Marico launches Hair & Care hair oil. Sweekar sunflower oil was launched.

    1993 - Marico sets up its first overseas office in Dubai.

    1996 - Marico gets listed on the Indian Stock Exchange.

    1999 - It faced threat from an international giant and to protect its turf it goes on the offensive with ‘Parachute ki Kasam’.

    1999 - The company expanded with its first overseas manufacturing facility in Bangladesh. Marico acquired Mediker in the same year.

    2002 - Marico ventured into the skin care solutionswith India’s first unisex dermatology-led clinics. 

    2003 - Sets up copra collection centre to produce directly from framers increasing their margins and thereby improving their lives.

    2007 - Marico acquires Fiancée and hair code in Egypt and Caivil, Balck Chic and Hercules in South Africa.

    2009 - Marico publicly offers equity in Bangladesh for one of its overseas subsidiaries.

    2010 - Started its South East Asia journey with code 10 male grooming in Malaysia and Derma Rx Skincare solutions in Singapore. Launched Saffola breakfast Masala oats, yet another innovation from Marico.

    2011 - Parachute Advanced entered the skincare category with the launch of Parachute Advanced Body Lotion (PABL).

    2011 - Parachute Gold Hair Cream was launched in the Middle East market targeted to women and today has great equity amongst the consumer. Marico strengthens its presence in S.E. Asia through male grooming, skincare and food portfolio acquired in Vietnam.

    2012 - Get SetWet and Go. India’s Gen Next is styled by Marico.

    2013 - Kaya Skin Care business demerged from Marico. Establishes itself as a separate entity.

    2014 - Marico group turnover crosses Rs 5000 crores.

    2015 - Marico’s Market Cap tops Rs 25,000 crores.

    2020 - Marico partners with Swiggy, Zomato; launches hand sanitiser under the Mediker brand, KeepSafe, a range of premium personal and out-of-home hygiene products along with surface disinfectant sprays, strengthening its portfolio into the fast-growing segment of safety and hygiene after COVID-19.

    Marico FAQs

    What is Share Price of Marico ?

    Marico share price is ₹573 As on 22 September, 2023 | 23:33

    What is the Market Cap of Marico ?

    The Market Cap of Marico is ₹74239.5 Cr As on 22 September, 2023 | 23:33

    What is the P/E ratio of Marico ?

    The P/E ratio of Marico is 54.7 As on 22 September, 2023 | 23:33

    What is the PB ratio of Marico ?

    The PB ratio of Marico is 18.7 As on 22 September, 2023 | 23:33

    What were the company's reported sales and net income in 2022?

    Marico reported consolidated sales of INR 9512 crores and a net income of INR 1225 crores for the FY 2021-22. Its standalone sales and net profit for the same period were INR 7500 crores and INR 1163 crores respectively.
     

    What is the future of Marico Limited's shares?

    Most analysts hold a positive view of Marico’s performance. It maintains a good profit growth, good liquidity position and reasonably high promoter holding.

    How to buy Marico Limited’s shares?

    You can easily buy Marico’s shares by creating a Demat account with 5Paisa.

    Q2FY23

    More Information

    CIN: L67190MH2007PLC289249 | Stock Broker SEBI Regn.: INZ000010231 | SEBI RA Regn.: INH000004680 | SEBI Depository Regn.: IN DP CDSL: IN-DP-192-2016 | AMFI REGN No.: ARN-104096 | NSE Member id: 14300 | BSE Member id: 6363 | MCX Member ID: 55945 | Investment Adviser Regn No: INA000014252 | Registered Address - IIFL House, Sun Infotech Park, Road no. 16V, Plot no. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra - 400604

    *Brokerage will be levied flat fee/executed order basis and not on a percentage basis. Flat fee of Rs. 10/order is available with Power Investor & Ultra Trader Packs. Investment in securities market are subject to market risk, read all related documents carefully before investing. Digital account would be opened after all procedure relating to IPV and client due diligence is completed. If sale/ purchase value of share of Rs.10/- or less, a maximum brokerage of 25 paisa per share may be collected. Brokerage will not exceed the SEBI prescribed limit.

    Compliance Officer: Ms. Namita Godbole, Email: support@5paisa.com, Support desk helpline: 8976689766

    Contact Us

    Enter Mobile Number

    Attention Investors

    • 1. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.
    • 2. Message from Exchange(s): Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of investors.
    • 3. Message from Depositories: a) Prevent Unauthorized Transactions in your demat account --> Update your mobile number with your Depository Participant. Receive alerts on your registered mobile for all debit and other important transactions in your demat account directly from CDSL on the same day issued in the interest of investors. b) KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
    ©2023, 5Paisa Capital Ltd. All Rights Reserved.
    We are ISO 27001:2013 Certified.