MARICO

Marico Share Price

₹592.25 -4.95 (-0.83%)

18 Nov, 2024 02:07

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Performance

  • Low
  • ₹592
  • High
  • ₹601
  • 52 Week Low
  • ₹486
  • 52 Week High
  • ₹720
  • Open Price₹600
  • Previous Close₹597
  • Volume855,697

Investment Returns

  • Over 1 Month -12.85%
  • Over 3 Month -10.41%
  • Over 6 Month + 0.17%
  • Over 1 Year + 14.54%
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Marico Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 48.3
  • PEG Ratio
  • 3.8
  • Market Cap Cr
  • 76,684
  • P/B Ratio
  • 18.3
  • Average True Range
  • 17.6
  • EPS
  • 12.26
  • Dividend Yield
  • 1.1
  • MACD Signal
  • -14.23
  • RSI
  • 28.93
  • MFI
  • 38.4

Marico Financials

Marico Technicals

EMA & SMA

Current Price
₹592.25
-4.95 (-0.83%)
pointer
  • stock-down_img
  • Bullish Moving Average 0
  • stock-up_img
  • Bearish Moving Average 16
  • 20 Day
  • ₹633.06
  • 50 Day
  • ₹651.34
  • 100 Day
  • ₹645.91
  • 200 Day
  • ₹619.36

Resistance and Support

594.93 Pivot Speed
  • R3 607.62
  • R2 604.28
  • R1 598.27
  • S1 588.92
  • S2 585.58
  • S3 579.57

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Marico Ltd. is a leading Indian consumer goods company specializing in beauty, wellness, and personal care products. Its popular brands, such as Parachute, Saffola, and Livon, cater to domestic and global markets, focusing on health, hygiene, and nutrition.

Marico has an operating revenue of Rs. 10,007.00 Cr. on a trailing 12-month basis. An annual revenue de-growth of -1% needs improvement, Pre-tax margin of 20% is great, ROE of 38% 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 below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 67 which is a FAIR score but needs to improve its earnings, a RS Rating of 40 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 114 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.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Marico Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-10-29 Quarterly Results
2024-08-05 Quarterly Results
2024-05-06 Audited Results
2024-01-29 Quarterly Results
2023-10-30 Quarterly Results & Interim Dividend
Date Purpose Remarks
2024-03-06 INTERIM Rs.6.50 per share(650%)Second Interim Dividend
2023-11-07 INTERIM Rs.3.00 per share(300%)Interim Dividend
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

Marico F&O

Marico Shareholding Pattern

59.2%
4.92%
5.8%
24.87%
0.1%
3.72%
1.39%

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 ₹5,000 crores.

2015 - Marico’s Market Cap tops ₹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.

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  • NSE Symbol
  • MARICO
  • BSE Symbol
  • 531642
  • Managing Director & CEO
  • Mr. Saugata Gupta
  • ISIN
  • INE196A01026

Similar Stocks to Marico

Marico FAQs

Marico share price is ₹592 As on 18 November, 2024 | 01:53

The Market Cap of Marico is ₹76683.8 Cr As on 18 November, 2024 | 01:53

The P/E ratio of Marico is 48.3 As on 18 November, 2024 | 01:53

The PB ratio of Marico is 18.3 As on 18 November, 2024 | 01:53

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.
 

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

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Q2FY23