Marico Ltd.

NSE: MARICO BSE: 531642 SECTOR: Consumer Food  351k   4k   903

512.70
+1.10 (0.22%)
NSE: Today, 04:04 PM

Price Summary

Today's High

₹ 517.55

Today's Low

₹ 510.75

52 Week High

₹ 607.7

52 Week Low

₹ 455.65

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.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

66288.36 Cr.

Enterprise Value

65719.36 Cr.

No. of Shares

129.29 Cr.

P/E

51.51

P/B

19.44

Face Value

₹ 1

Div. Yield

1.81 %

Book Value (TTM)

₹  26.37

CASH

711 Cr.

DEBT

142 Cr.

Promoter Holding

59.48 %

EPS (TTM)

₹  9.95

Sales Growth

8.27%

ROE

37.69 %

ROCE

43.17%

Profit Growth

9.83 %

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

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Brands

These are the brands of Marico Ltd.

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

Index Presence

The company is present in 35 Indices.

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. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year18.35%
3 Year7.9%
5 Year9.11%

Profit Growth

1 Year5.15%
3 Year0.99%
5 Year6.66%

ROE%

1 Year38.59%
3 Year36.03%
5 Year33.39%

ROCE %

1 Year45.66%
3 Year42.65%
5 Year38.92%

Debt/Equity

0.0314

Price to Cash Flow

39.41

Interest Cover Ratio

60.5909090909091

CFO/PAT (5 Yr. Avg.)

0.898800674620526

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2022 59.48 0
Mar 2022 59.49 0
Dec 2021 59.51 0
Sep 2021 59.52 0
Jun 2021 59.61 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 15.489781824865% for the Past 3 years.
  • Company has been maintaining healthy ROE of 36.0259416495598% over the past 3 years.
  • Company has been maintaining healthy ROCE of 42.6456305666135% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 60.5909090909091.
  • The company has an efficient Cash Conversion Cycle of -11.6921714421252 days.
  • Company has a healthy liquidity position with current ratio of 2.10885885885886.
  • The company has a high promoter holding of 59.49%.

 Limitations

  • The company has shown a poor revenue growth of 7.01986234154108% for the Past 3 years.
  • The company is trading at a high PE of 51.51.
  • The company is trading at a high EV/EBITDA of 39.1604.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
Net Sales 2043 1916 1855 1686 1976
Total Expenditure 1702 1620 1556 1439 1594
Operating Profit 341 296 299 247 382
Other Income 29 128 74 126 132
Interest 6 8 8 8 8
Depreciation 24 23 26 24 25
Exceptional Items 0 0 0 0 0
Profit Before Tax 340 393 339 341 481
Tax 77 64 61 48 94
Profit After Tax 263 329 278 293 387
Adjusted EPS (Rs) 2.04 2.55 2.16 2.27 3

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 5170 5971 5853 6337 7500
Total Expenditure 4257 4961 4736 5186 6317
Operating Profit 913 1010 1117 1151 1183
Other Income 218 301 309 349 357
Interest 8 24 33 22 30
Depreciation 65 104 113 107 97
Exceptional Items -104 0 -19 -60 0
Profit Before Tax 954 1183 1261 1311 1413
Tax 236 54 254 205 250
Net Profit 718 1129 1007 1106 1163
Adjusted EPS (Rs.) 5.57 8.75 7.81 8.57 9.02

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 129 129 129 129 129
Total Reserves 2912 3360 2759 2906 2920
Borrowings 0 0 0 0 0
Other N/C liabilities 28 -72 -31 -61 -82
Current liabilities 951 1153 1131 1332 1358
Total Liabilities 4020 4570 3988 4306 4325
Assets
Net Block 486 632 690 658 646
Capital WIP 25 42 55 14 27
Intangible WIP 0 0 0 0 0
Investments 1080 1071 476 726 752
Loans & Advances 93 110 106 97 94
Other N/C Assets 1 1 13 2 2
Current Assets 2335 2714 2648 2809 2804
Total Assets 4020 4570 3988 4306 4325
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 954 1183 1261 1311 1413
Adjustment 0 -125 -120 -115 -177
Changes in Assets & Liabilities -304 -14 50 611 -327
Tax Paid -241 -259 -221 -243 -253
Operating Cash Flow 409 785 970 1564 656
Investing Cash Flow 188 -79 128 -583 626
Financing Cash Flow -603 -704 -1081 -992 -1267
Net Cash Flow -6 2 17 -11 15

Corporate Actions

Investors Details

PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Promoters 59.61 59.52 59.51 59.49 59.48
harsh c mariwala 1.54 2.18 2.17 2.17 2.17
harsh c mariwala w... - 11.14 11.13 11.13 11.13
harsh c mariwala w... 11.50 11.14 11.13 11.13 11.13
harsh c mariwala w... 11.50 11.14 11.13 11.13 11.13
harsh c mariwala w... 11.50 11.14 11.13 11.13 11.13
harsh c mariwala ... 11.50 - - - -
rajvi h mariwala 2.20 2.20 2.20 2.20 2.20
rishabh h mariwala 1.93 1.93 1.93 1.93 1.93
archana h mariwala 1.82 1.31 1.31 1.31 1.31
ravindra.k.mariwala - 1.59 1.59 1.59 1.73
the bombay oil pri... 1.42 1.42 1.42 1.42 1.42
ravindra k mariwala 1.08 - - - -
anjali r mariwala 0.57 0.92 0.92 0.92 1.10
paula r mariwala 0.56 0.81 0.81 0.81 0.96
harshraj c mariwal... 0.95 - - - -
rajen k mariwala 0.43 0.59 0.59 0.59 0.59
hema k mariwala 0.59 0.59 0.59 0.59 -
rishabh mariwala w... - 0.42 0.42 0.42 0.42
rishabh mariwala ... - 0.42 0.42 0.42 0.42
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 ... 0.14 0.14 0.14 0.14 0.14
preeti gautam shah 0.14 0.08 0.08 0.08 0.08
anandita rajen mar... - 0.02 0.02 0.02 0.08
taarika rajen mari... - 0.02 0.02 0.02 0.08
PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Investors 40.39 40.48 40.49 40.51 40.52
life insurance cor... 2.84 3.41 3.71 3.69 3.97
first sentier inve... - 4.06 4.06 4.06 4.24
first state invest... 3.64 - - - -
cartica capital ltd - - - - -
arisaig india fund... 2.22 - - - -
kuwait investment ... 1.26 - - - -
prazim trading and... - - - - -
kuwait investment ... - - - - -
uti flexi cap fund - - 1.06 1.17 1.17

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Marico informs about updates8 Aug 2022, 12:15PM Marico reports marginal rise in Q1 consolidated net profit8 Aug 2022, 10:10AM Marico informs about board meeting6 Aug 2022, 3:54PM Marico - Quaterly Results6 Aug 2022, 2:18PM Marico - Quaterly Results6 Aug 2022, 2:18PM Marico - Quaterly Results6 Aug 2022, 2:18PM Marico reports decline in India business volume in Q1 FY236 Jul 2022, 2:57PM Marico acquires additional stake of 4.14% in Apcos Naturals5 Jul 2022, 9:11AM Marico unveils Sustainability 2.04 Jun 2022, 12:48PM Marico informs about analyst meet3 Jun 2022, 4:43PM Marico acquires 53.98% stake in HW Wellness Solutions 23 May 2022, 5:33PM Marico informs about annual secretarial compliance report17 May 2022, 1:22PM Marico informs about transcript of earnings conference call12 May 2022, 4:21PM Marico reports 13% rise in Q4 consolidated net profit5 May 2022, 4:31PM Marico - Quaterly Results5 May 2022, 3:40PM Marico - Quaterly Results5 May 2022, 3:40PM Marico - Quaterly Results5 May 2022, 3:40PM Marico informs about conference call 26 Apr 2022, 5:04PM Marico informs about details of loss of certificate21 Apr 2022, 4:41PM Marico informs about compliance certificate20 Apr 2022, 5:06PM Marico informs about newspaper publication14 Apr 2022, 4:28PM Marico informs about outcome of board meeting7 Apr 2022, 5:05PM Marico to witness marginal growth in profits in Q4 6 Apr 2022, 3:06PM Marico informs about cessation of director 1 Apr 2022, 12:24PM Marico planning to achieve net-zero emissions in global operations by 20404 Feb 2022, 11:27AM Marico’s consolidated revenue grows in low teens during October-December4 Jan 2022, 4:21PM Marico informs about analyst meet 16 Nov 2021, 11:33AM Marico collaborates with actress Priya Mani to highlight superior purity of Saffola Honey 12 Nov 2021, 11:37AM Marico informs about appointment of CS cum CO28 Oct 2021, 4:46PM Marico reports 17% rise in Q2 consolidated net profit28 Oct 2021, 4:07PM Marico informs about outcome of board meeting28 Oct 2021, 3:05PM Marico informs about loss of share certificate25 Oct 2021, 11:55AM Marico informs about issuance of duplicate share certificate25 Oct 2021, 10:03AM Marico informs about board meeting14 Oct 2021, 9:51AM Marico extends healthy foods portfolio29 Sep 2021, 12:45PM Marico informs about AGM proceedings31 Aug 2021, 4:13PM Marico aims 13-15% revenue growth in medium term28 Aug 2021, 10:33AM Marico informs about newspaper publication7 Aug 2021, 4:42PM Marico reports 7% fall in Q1 consolidated net profit30 Jul 2021, 4:50PM 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 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 51.505897008298 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 26.6698818422956 % 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 2.10885885885886 .

  • 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 37.6895552905095 % .(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 0.0472 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 6.83415112855741 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Marico has reported revenue growth of 8.26926362549121 % 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 18.16316869181 %.

  • 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 7.5 and the yield is 1.8073 %.

Brief about Marico

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