Stock MARICO MARICO LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials Marico Limited NSE India S.E.

Equities

MARICO

INE196A01026

Food Processing

Delayed NSE India S.E.
Other stock markets
 07:43:48 2024-04-26 am EDT 		5-day change 1st Jan Change
517.8 INR +1.51% Intraday chart for Marico Limited +2.48% -5.59%
Apr. 22 PREVIEW-India's consumer goods makers to see more delays in recovery RE
Apr. 05 Indian Equities Close Lower on Friday as Central Bank Leaves Key Interest Rates Steady MT

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 445,671 354,836 531,391 651,112 620,293 669,957 - -
Enterprise Value (EV) 1 439,691 349,086 519,101 641,862 613,033 655,316 649,970 644,146
P/E ratio 39.8 x 34.7 x 45.3 x 53.1 x 47.7 x 45 x 41 x 36.7 x
Yield 1.38% 2.46% 1.82% 1.84% - 1.68% 1.87% 2.05%
Capitalization / Revenue 6.08 x 4.85 x 6.6 x 6.85 x 6.35 x 6.9 x 6.26 x 5.68 x
EV / Revenue 6 x 4.77 x 6.45 x 6.75 x 6.28 x 6.75 x 6.07 x 5.46 x
EV / EBITDA 34.3 x 23.8 x 32.7 x 38.2 x 33.9 x 32 x 28.8 x 25.8 x
EV / FCF 51.4 x 34.1 x 27 x 72.6 x 49.6 x 43.7 x 41 x 36.4 x
FCF Yield 1.95% 2.93% 3.71% 1.38% 2.02% 2.29% 2.44% 2.75%
Price to Book 14.9 x 11.7 x 16.4 x 19.4 x 16.3 x 15.7 x 14.4 x 12.9 x
Nbr of stocks (in thousands) 1,290,864 1,291,018 1,291,350 1,292,787 1,293,084 1,294,102 - -
Reference price 2 345.2 274.8 411.5 503.6 479.7 517.7 517.7 517.7
Announcement Date 5/6/19 5/4/20 4/30/21 5/5/22 5/5/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 73,340 73,150 80,480 95,120 97,640 97,050 106,999 117,989
EBITDA 1 12,810 14,690 15,890 16,810 18,100 20,467 22,536 25,009
EBIT 1 11,850 13,290 14,500 15,420 16,550 18,973 20,904 23,296
Operating Margin 16.16% 18.17% 18.02% 16.21% 16.95% 19.55% 19.54% 19.74%
Earnings before Tax (EBT) 1 12,640 13,740 15,230 16,010 17,430 19,751 21,946 24,514
Net income 1 11,180 10,210 11,720 12,250 13,020 14,809 16,352 18,241
Net margin 15.24% 13.96% 14.56% 12.88% 13.33% 15.26% 15.28% 15.46%
EPS 2 8.670 7.910 9.080 9.490 10.05 11.50 12.63 14.12
Free Cash Flow 1 8,560 10,240 19,260 8,840 12,370 15,004 15,868 17,707
FCF margin 11.67% 14% 23.93% 9.29% 12.67% 15.46% 14.83% 15.01%
FCF Conversion (EBITDA) 66.82% 69.71% 121.21% 52.59% 68.34% 73.3% 70.41% 70.8%
FCF Conversion (Net income) 76.57% 100.29% 164.33% 72.16% 95.01% 101.32% 97.04% 97.08%
Dividend per Share 2 4.750 6.750 7.500 9.250 - 8.699 9.684 10.61
Announcement Date 5/6/19 5/4/20 4/30/21 5/5/22 5/5/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 21,220 20,120 25,250 24,190 24,070 21,610 25,580 24,960 24,700 22,400 24,770 24,779 24,497 22,844 -
EBITDA 1 4,130 3,190 4,810 4,230 4,310 3,460 5,280 4,330 4,560 3,930 5,740 4,903 5,093 4,440 -
EBIT 1 3,770 2,830 4,480 3,900 3,950 3,090 4,920 3,960 4,170 3,500 5,380 4,542 4,682 4,122 -
Operating Margin 17.77% 14.07% 17.74% 16.12% 16.41% 14.3% 19.23% 15.87% 16.88% 15.62% 21.72% 18.33% 19.11% 18.04% -
Earnings before Tax (EBT) 1 3,940 2,830 4,670 4,050 4,070 3,220 4,990 4,000 4,430 4,010 5,670 4,755 4,939 4,287 -
Net income 1 3,070 2,190 3,560 3,090 3,100 2,510 3,710 3,010 3,280 3,020 4,270 3,564 3,667 3,270 -
Net margin 14.47% 10.88% 14.1% 12.77% 12.88% 11.61% 14.5% 12.06% 13.28% 13.48% 17.24% 14.38% 14.97% 14.32% -
EPS 2 2.380 1.700 2.760 2.390 2.400 1.950 2.870 2.320 2.530 2.340 3.300 2.806 2.840 2.563 -
Dividend per Share 2 - 4.500 - 3.000 - 6.250 - - - - - - - 9.289 -
Announcement Date 1/27/21 4/30/21 7/30/21 10/28/21 1/28/22 5/5/22 8/6/22 11/4/22 2/3/23 5/5/23 7/28/23 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 5,980 5,750 12,290 9,250 7,260 14,640 19,986 25,811
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 8,560 10,240 19,260 8,840 12,370 15,004 15,868 17,707
ROE (net income / shareholders' equity) 40.3% 35.3% 37.4% 38.1% 36.4% 36.6% 37% 38.2%
ROA (Net income/ Total Assets) 25.3% 21.8% 22.4% 22.2% 20.5% 20.6% 21.8% 23.2%
Assets 1 44,115 46,795 52,400 55,130 63,660 71,914 75,044 78,715
Book Value Per Share 2 23.20 23.40 25.10 26.00 29.40 32.90 35.90 40.10
Cash Flow per Share 2 7.890 9.440 16.00 7.880 11.00 13.10 13.40 14.80
Capex 1 1,620 1,940 1,420 1,320 1,820 1,948 1,899 1,937
Capex / Sales 2.21% 2.65% 1.76% 1.39% 1.86% 2.01% 1.78% 1.64%
Announcement Date 5/6/19 5/4/20 4/30/21 5/5/22 5/5/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Marico Limited

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
39
Last Close Price
517.7 INR
Average target price
576 INR
Spread / Average Target
+11.26%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Food Processing

1st Jan change Capi.
NESTLÉ S.A. Stock Nestlé S.A.
-4.93% 266B
MONDELEZ INTERNATIONAL, INC. Stock Mondelez International, Inc.
-2.51% 94.98B
KRAFT HEINZ Stock Kraft Heinz
+3.19% 46.39B
GENERAL MILLS, INC. Stock General Mills, Inc.
+8.74% 39.99B
DANONE Stock Danone
-0.65% 39.95B
THE HERSHEY COMPANY Stock The Hershey Company
-0.15% 38.02B
ARCHER-DANIELS-MIDLAND COMPANY Stock Archer-Daniels-Midland Company
-16.78% 30.16B
NESTLÉ INDIA LIMITED Stock Nestlé India Limited
-6.61% 28.72B
ASSOCIATED BRITISH FOODS PLC Stock Associated British Foods plc
+11.32% 24.54B
Other Food Processing
  1. Stock Market
  2. Equities
  3. MARICO Stock
  4. MARICO Stock
  5. Financials Marico Limited