Marico Ltd.

NSE: MARICO BSE: 531642 SECTOR: Consumer Food

535.2
-1.8 (-0.34%)
NSE: Today, 03:53 PM

Price Summary

Today's High

₹ 540.35

Today's Low

₹ 531.5

52 Week High

₹ 549.6

52 Week Low

₹ 333

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.

Company Essentials

Market Cap

69115.14 Cr.

Enterprise Value

69145.14 Cr.

No. of Shares

129.14 Cr.

P/E

62.49

P/B

22.76

Face Value

₹ 1

Div. Yield

1.27%

Book Value (TTM)

₹  23.51

CASH

80 Cr.

DEBT

110 Cr.

Promoter Holding

59.61%

EPS (TTM)

₹  8.56

Sales Growth

-1.98%

ROE

28.95 %

ROCE

35.69 %

Profit Growth

-10.89 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Brands

Parachute Saffola Hair & Care LIVON NIHAR Naturals Mediker REVIVE Veggie CLEAN Studio X Kaya Youth true roots Saffola FITTIFY Gourmet SET WET keepsafe

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Ratios

Sales Growth

1 Year-1.98%
3 Year6.46%
5 Year4.57%

Profit Growth

1 Year-10.89%
3 Year6.08%
5 Year13.04%

ROE%

1 Year28.95%
3 Year29.28%
5 Year29.43%

ROCE %

1 Year35.69%
3 Year34.11%
5 Year35.57%

Debt/Equity

0.0316

Price to Cash Flow

71.33

Interest Cover Ratio

39.1212121212121

CFO/PAT (5 Yr. Avg.)

0.743722304283604

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2021 59.61 0
Mar 2021 59.61 0
Dec 2020 59.61 0
Sep 2020 59.61 0
Jun 2020 59.62 0
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROE of 29.2801329332444% over the past 3 years.
  • Company has been maintaining healthy ROCE of 34.1115931252311% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 39.1212121212121.
  • The company has an efficient Cash Conversion Cycle of 37.4204323042661 days.
  • Company has a healthy liquidity position with current ratio of 2.31643356643357.
  • The company has a high promoter holding of 59.61%.

 Limitations

  • The company has shown a poor profit growth of 6.08199101769116% for the Past 3 years.
  • The company has shown a poor revenue growth of 6.46083723561544% for the Past 3 years.
  • The company is trading at a high EV/EBITDA of 45.9203.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
Net Sales 1188 1516 1550 1667 1604
Total Expenditure 969 1184 1271 1363 1370
Operating Profit 219 332 279 304 234
Other Income 102 19 145 77 108
Interest 9 6 5 5 6
Depreciation 30 26 26 27 28
Exceptional Items 0 0 -33 0 -27
Profit Before Tax 282 319 360 349 281
Tax 58 64 47 56 37
Profit After Tax 224 255 313 293 244
Adjusted EPS (Rs) 1.74 1.98 2.43 2.27 1.89

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Net Sales 4860.86 4850.75 5170 5971 5853
Total Expenditure 4038.81 3894.43 4257 4961 4741
Operating Profit 822.05 956.32 913 1010 1112
Other Income 191.34 262.25 218 301 311
Interest 15.95 12.98 8 24 33
Depreciation 61.7 63.87 65 104 113
Exceptional Items 0 0 -104 0 -19
Profit Before Tax 935.74 1141.72 954 1183 1258
Tax 244.48 299.02 236 54 252
Net Profit 691.26 842.7 718 1129 1006
Adjusted EPS (Rs.) 5.36 6.53 5.57 8.75 7.8

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 129.02 129.05 129 129 129
Total Reserves 2409.25 2795.2 2912 3360 3375
Borrowings 0 0 0 0 0
Other N/C liabilities -51.61 22.83 28 -72 -31
Current liabilities 1094.5 816.14 951 1153 1144
Total Liabilities 3581.16 3763.22 4020 4570 4617
Assets
Net Block 459.56 495.49 486 632 690
Capital WIP 36.54 7.94 25 42 55
Intangible WIP 0 0 0 0 0
Investments 1156.37 1186.62 1080 1071 1117
Loans & Advances 56.22 68.45 93 110 103
Other N/C Assets 1.69 1.29 1 1 2
Current Assets 1870.78 2003.43 2335 2714 2650
Total Assets 3581.16 3763.22 4020 4570 4617
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Profit from operations 935.74 1141.72 954 1183 1258
Adjustment -81.96 -148.28 0 -125 -123
Changes in Assets & Liabilities -25.7 -282.19 -304 -14 53
Tax Paid -199.07 -240.58 -241 -259 -219
Operating Cash Flow 629.01 470.67 409 785 969
Investing Cash Flow -85.91 87.48 188 -79 128
Financing Cash Flow -549.48 -560.01 -603 -704 -1080
Net Cash Flow -6.38 -1.86 -6 2 17

Corporate Actions

Investors Details

PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Promoters 59.62 59.61 59.61 59.61 59.61
anjali r mariwala 0.54 0.54 0.54 0.54 0.54
archana h mariwala 1.31 1.31 1.31 1.31 1.31
harsh c mariwala 2.18 2.18 2.18 2.18 2.18
harsh c mariwala with kis... 11.5 11.5 11.5 11.5 11.5
harsh c mariwala with kis... 11.5 11.5 11.5 11.5 11.5
harsh c mariwala with kis... 11.5 11.5 11.5 11.5 11.5
hema k mariwala 0.59 0.59 0.59 0.59 0.59
kishore v mariwala 0.19 0.19 0.19 0.19 0.19
malika chirayu amin 0.14 0.14 0.14 0.14 0.14
pallavi jaikishan panchal... 0.14 0.14 0.14 0.14 0.14
paula r mariwala 0.57 0.57 0.57 0.57 0.57
preeti gautam shah 0.14 0.14 0.14 0.14 0.14
rajen k mariwala 0.31 0.31 0.31 0.31 0.31
rajvi h mariwala 2.2 2.2 2.2 2.2 2.2
ravindra.k.mariwala 1.12 0 0 0 1.12
rishabh h mariwala 1.93 1.93 1.93 1.93 1.93
the bombay oil private li... 1.42 1.42 1.42 1.42 1.42
ravindra k mariwala 0 1.12 1.12 1.12 0
rishabh harsh mariwala 0 0 0 0 0
rishabh mariwala 0 0 0 0 0
harsh c mariwala with kis... 11.5 11.5 11.5 11.5 11.5
rishabh mariwala with pri... 0.42 0.42 0.42 0.42 0.42
rishabh harsh mariwala wi... 0.42 0 0 0 0
rishabh mariwala with pr... 0 0.42 0.42 0.42 0.42
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Public 6.6 6.21 5.95 6.1 5.76
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
FII/DII 33.47 33.74 33.97 34.1 34.55
arisaig india fund limite... 1.27 0 0 0 0
first state investments i... 3.99 3.99 3.99 4.06 0
life insurance corporatio... 3.66 4.8 4.84 5.29 5.25
first state investments i... 3.99 3.99 3.99 4.06 0
first sentier investors i... 0 0 0 0 4.06

Ratings & Research Reports

Company Presentations

Company News

Marico acquires 60% stake in Apcos Naturals15 Jul 2021, 9:15AM Marico’s domestic business witnesses over 30% growth in April-June quarter3 Jul 2021, 11:27AM Marico ranks highest amongst FMCG companies in the recent ESG report by CRISIL3 Jul 2021, 10:55AM Marico informs about quarterly update2 Jul 2021, 2:50PM Marico informs about analysts meet8 Jun 2021, 12:04PM Marico informs about virtual conference4 Jun 2021, 2:33PM Marico submits newspaper publication 14 Apr 2021, 12:03PM Marico launches communication campaign for latest launch ‘Saffola Oodles’9 Apr 2021, 1:09PM Marico expects to deliver low double-digit bottomline growth in Q45 Apr 2021, 4:56PM Marico informs about outcome of board meeting3 Mar 2021, 1:21PM Marico expecting to deliver mid-teen growth in volume terms in next couple of quarters 22 Feb 2021, 12:38PM Marico launches ‘Saffola Oodles’20 Feb 2021, 11:57AM Marico to hold board meeting18 Feb 2021, 9:28AM Marico informs about outcome of board meeting27 Jan 2021, 3:28PM Marico informs about updates27 Jan 2021, 3:07PM Marico’s premium hair-nourishment brand launches unique campaign18 Jan 2021, 2:40PM Marico forays into plant-based protein category 4 Dec 2020, 2:22PM Marico launches Saffola Arogyam Chyawan Amrut Awaleha21 Oct 2020, 12:29PM Marico divests stake in Revofit25 Sep 2020, 11:30AM Marico forays into Ayurveda products through brand Saffola17 Sep 2020, 8:49AM Marico informs about proceedings of 32nd AGM29 Aug 2020, 10:28AM Marico launches protect range of surface disinfectant sprays7 Aug 2020, 2:51PM Marico informs about compliance certificate25 Jul 2020, 10:34AM Marico acquires balance stake of 55% in Zed Lifestyle1 Jul 2020, 9:11AM Marico launches KeepSafe18 Jun 2020, 1:54PM Marico launches hand sanitiser under Mediker brand17 Apr 2020, 10:44AM Marico expects decline in revenue due to COVID-19 lockdown9 Apr 2020, 12:56PM Marico partners with Swiggy, Zomato 4 Apr 2020, 10:54AM

Marico Stock Price Analysis and Quick Research Report. Is Marico an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a LOW P/E are undervalued (it depends on other factors too). Marico has a PE ratio of 62.7014151604316 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Marico has ROA of 21.9005115924676 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Marico has a Current ratio of 2.31643356643357 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Marico has a ROE of 28.9538063030652 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Marico has a D/E ratio of 0.0316 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Marico has an Inventory turnover ratio of 5.27803251354731 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Marico has reported revenue growth of -1.97621838887958 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Marico for the current financial year is 18.9988040321203 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Marico is Rs 6.75 and the yield is 1.2582 %.

Brief about Marico

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