Marico (MARICO.NS) Stock Price

Marico Price

NSE·CLOSED
863.50INR+1.50 (+0.17 %)
Market closed

Revenue has compounded at 12.6% per year over the past 19 years to 108.31 B INR. Earnings per share have grown at 16.0% per year over the last 19 years. Marico's net margin stands at 15.0%, broadly stable from 14.6% several years earlier. Marico currently offers a dividend yield of about 1.22%. The payout ratio is around 84% of earnings. The dividend has grown at 2.4% per year over the past 19 years. Analysts set a median price target of 871.08 INR, implying 0.9% above the current price. Of 42 analysts, 31 rate the stock a buy — an overall Buy consensus. The stock trades about 24% above its 52-week low.

Marico stock price

Volume
Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Marico over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Marico stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Marico's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Marico Stock Price History
DateMarico Price
8/10/2026863.50 INR
8/7/2026862.00 INR
8/6/2026860.00 INR
8/5/2026852.00 INR
8/4/2026878.20 INR
7/31/2026870.65 INR
7/30/2026885.70 INR
7/28/2026868.90 INR
7/24/2026855.60 INR
7/23/2026851.70 INR
7/22/2026862.65 INR
7/21/2026853.55 INR
7/20/2026855.30 INR
7/17/2026836.75 INR
7/15/2026844.45 INR
7/14/2026848.25 INR
7/13/2026846.75 INR
7/10/2026852.50 INR
7/9/2026860.05 INR
7/8/2026840.10 INR
7/7/2026847.65 INR
7/6/2026838.10 INR
7/3/2026839.90 INR
7/2/2026856.00 INR
7/1/2026851.00 INR
6/30/2026836.25 INR
6/29/2026839.95 INR
6/25/2026825.80 INR
6/24/2026819.45 INR
6/23/2026821.05 INR
6/22/2026812.45 INR
6/19/2026817.05 INR
6/18/2026820.75 INR
6/17/2026805.00 INR
6/16/2026808.45 INR
6/15/2026810.85 INR
6/12/2026819.05 INR
6/11/2026810.80 INR
6/10/2026822.40 INR
6/9/2026813.20 INR
6/8/2026809.00 INR
6/5/2026810.65 INR
6/4/2026816.85 INR
6/3/2026811.25 INR
6/2/2026810.95 INR
6/1/2026805.70 INR
5/29/2026821.70 INR
5/27/2026833.80 INR
5/26/2026830.00 INR
5/25/2026823.35 INR
5/22/2026824.45 INR
5/21/2026831.85 INR
5/20/2026831.60 INR
5/19/2026831.45 INR
5/18/2026833.75 INR
5/15/2026841.15 INR
5/14/2026835.00 INR
5/13/2026833.40 INR
5/12/2026830.00 INR
5/11/2026842.55 INR
5/8/2026831.30 INR
5/7/2026832.15 INR
5/6/2026814.80 INR
5/5/2026807.20 INR
5/4/2026784.55 INR
5/1/2026775.00 INR
4/30/2026775.00 INR
4/29/2026779.30 INR
4/28/2026780.85 INR
4/27/2026787.00 INR
4/24/2026783.30 INR
4/23/2026778.90 INR
4/22/2026772.50 INR
4/21/2026762.50 INR
4/20/2026760.70 INR
4/17/2026757.30 INR
4/16/2026744.40 INR
4/15/2026755.55 INR
4/13/2026753.10 INR
4/10/2026763.25 INR
4/9/2026747.35 INR
4/8/2026747.45 INR
4/7/2026753.25 INR
4/6/2026750.55 INR
4/2/2026761.35 INR
4/1/2026742.55 INR
3/30/2026732.00 INR
3/27/2026742.45 INR
3/25/2026755.00 INR
3/24/2026743.00 INR
3/23/2026725.00 INR
3/20/2026744.75 INR
3/19/2026741.25 INR
3/18/2026752.85 INR
3/17/2026756.85 INR
3/16/2026750.00 INR
3/13/2026757.80 INR
3/12/2026760.85 INR
3/11/2026760.00 INR
3/10/2026792.00 INR
3/9/2026774.00 INR
3/6/2026785.25 INR
3/5/2026778.85 INR
2/27/2026788.65 INR
2/26/2026805.30 INR
2/25/2026810.00 INR
2/23/2026801.15 INR
2/20/2026787.35 INR
2/19/2026777.00 INR
2/18/2026798.00 INR
2/17/2026774.65 INR
2/16/2026772.00 INR
2/13/2026760.40 INR
2/12/2026770.65 INR
2/11/2026770.40 INR
2/10/2026762.60 INR
2/9/2026753.00 INR
2/6/2026752.45 INR
2/5/2026748.30 INR
2/4/2026733.40 INR
2/3/2026729.55 INR
2/2/2026722.40 INR
1/30/2026730.00 INR
1/29/2026730.00 INR
1/28/2026736.65 INR
1/27/2026745.80 INR
1/23/2026740.95 INR
1/22/2026751.05 INR
1/21/2026747.00 INR
1/20/2026750.90 INR
1/19/2026759.75 INR
1/16/2026760.15 INR
1/14/2026749.00 INR
1/13/2026754.20 INR
1/12/2026757.00 INR
1/9/2026753.00 INR
1/8/2026758.80 INR
1/7/2026772.00 INR
1/6/2026779.95 INR
1/5/2026773.05 INR
1/2/2026758.00 INR
1/1/2026760.45 INR
12/31/2025750.70 INR
12/30/2025739.10 INR
12/29/2025753.10 INR
12/26/2025743.50 INR
12/24/2025734.00 INR
12/23/2025735.60 INR
12/22/2025738.15 INR
12/19/2025736.75 INR
12/18/2025742.00 INR
12/17/2025736.55 INR
12/16/2025738.80 INR
12/15/2025738.00 INR
12/12/2025725.95 INR
12/11/2025724.70 INR
12/10/2025722.70 INR
12/9/2025730.50 INR
12/8/2025727.15 INR
12/5/2025736.65 INR
12/4/2025714.95 INR
12/3/2025709.70 INR
12/2/2025715.65 INR
12/1/2025718.95 INR
11/28/2025716.30 INR
11/27/2025727.00 INR
11/26/2025736.60 INR
11/25/2025728.00 INR
11/24/2025734.00 INR
11/21/2025736.10 INR
11/20/2025737.00 INR
11/19/2025752.00 INR
11/18/2025756.45 INR
11/17/2025758.80 INR
11/14/2025738.70 INR
11/13/2025722.50 INR
11/12/2025720.95 INR
11/11/2025713.00 INR
11/10/2025719.25 INR
11/7/2025711.60 INR
11/6/2025712.65 INR
11/4/2025718.95 INR
11/3/2025722.65 INR
10/31/2025722.00 INR
10/30/2025723.80 INR
10/29/2025721.50 INR
10/28/2025719.20 INR
10/27/2025723.00 INR
10/24/2025725.95 INR
10/23/2025722.10 INR
10/21/2025722.05 INR
10/20/2025727.35 INR
10/17/2025736.00 INR
10/16/2025725.70 INR
10/15/2025710.20 INR
10/14/2025707.00 INR
10/13/2025712.90 INR
10/10/2025714.30 INR
10/9/2025715.85 INR
10/8/2025710.00 INR
10/7/2025714.95 INR
10/6/2025715.55 INR
10/3/2025710.95 INR
10/1/2025704.00 INR
9/30/2025697.00 INR
9/29/2025698.70 INR
9/26/2025698.50 INR
9/25/2025703.60 INR
9/24/2025707.55 INR
9/23/2025705.25 INR
9/22/2025716.85 INR
9/19/2025722.00 INR
9/18/2025719.75 INR
9/17/2025713.80 INR
9/16/2025723.90 INR
9/15/2025728.00 INR
9/12/2025735.70 INR
9/11/2025733.10 INR
9/10/2025734.55 INR
9/9/2025734.00 INR
9/8/2025730.60 INR
9/5/2025731.75 INR
9/4/2025738.50 INR
9/3/2025733.05 INR
9/2/2025741.90 INR
9/1/2025731.40 INR
8/29/2025725.85 INR
8/28/2025714.05 INR
8/26/2025717.75 INR
8/25/2025722.40 INR
8/22/2025731.70 INR
8/21/2025739.65 INR
8/20/2025753.00 INR
8/19/2025727.95 INR
8/18/2025720.15 INR
8/14/2025710.50 INR
8/13/2025710.25 INR
8/12/2025707.70 INR
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Marico Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
97.64 B INR
16.57 B INR
13.02 B INR
Jan 1, 2024
96.53 B INR
18.70 B INR
14.81 B INR
Jan 1, 2025
108.31 B INR
19.62 B INR
16.29 B INR
Jan 1, 2026 (e)
135.47 B INR
25.29 B INR
17.89 B INR
Jan 1, 2027 (e)
151.20 B INR
28.23 B INR
21.61 B INR
Jan 1, 2028 (e)
167.84 B INR
31.34 B INR
24.84 B INR
Jan 1, 2029 (e)
184.19 B INR
34.39 B INR
27.96 B INR
Jan 1, 2030 (e)
201.79 B INR
37.68 B INR
31.38 B INR

Marico Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 12, 2026, 10:33 AM
 
REVENUEB INR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB INR
EBITB INR
EBIT MARGIN%
NET INCOMEB INR
NET INCOME GROWTH%
DIV.INR
DIV. GROWTH%
SHARESB
20162017201820192020202120222023202420252026e2027e2028e2029e2030e2031e
60.2559.3663.3373.3473.1580.4895.1297.6496.53108.31135.47151.20167.84184.19201.79212.06
5.08-1.476.6915.80-0.2610.0218.192.65-1.1412.2025.0711.6111.019.749.555.09
44.9647.9942.8845.2348.0046.3842.3344.6350.2349.6649.6649.6649.6649.6649.6649.66
27.0928.4927.1533.1735.1137.3340.2643.5848.4953.7967.2875.0983.3591.47100.21105.31
10.2711.0410.5411.9613.3214.5415.4616.5718.7019.6225.2928.2331.3434.3937.6839.59
17.0418.6116.6416.3118.2118.0716.2516.9719.3718.1118.6718.6718.6718.6718.6718.67
7.127.998.1511.1510.2111.7212.2513.0214.8116.2917.8921.6124.8427.9631.38–
24.0612.241.9936.89-8.4314.794.526.2913.759.999.8320.7614.9512.5812.21–
4.005.254.507.139.0011.2513.8818.0019.007.0014.0016.8020.16–––
112.7731.25-14.2958.4426.2325.0023.3829.685.56-63.16100.0020.0020.00–––
1.291.291.291.291.291.291.291.301.301.301.301.301.301.301.301.30
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Marico generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Marico retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Marico's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Marico has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Marico's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Marico stock margins

The Marico margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Marico. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Marico.

  • 3 Years

  • 5 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
46.38 %
18.07 %
14.56 %
Jan 1, 2022
42.33 %
16.25 %
12.88 %
Jan 1, 2023
44.63 %
16.97 %
13.33 %
Jan 1, 2024
50.23 %
19.37 %
15.34 %
Jan 1, 2025
49.66 %
18.11 %
15.04 %
Jan 1, 2026 (e)
49.66 %
18.67 %
13.21 %
Jan 1, 2027 (e)
49.66 %
18.67 %
14.29 %
Jan 1, 2028 (e)
49.66 %
18.67 %
14.80 %

Marico Stock Revenue, EBIT, Earnings per Share

The Marico earnings per share therefore indicates how much revenue Marico has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
62.34 INR
11.26 INR
9.08 INR
Jan 1, 2022
73.62 INR
11.97 INR
9.48 INR
Jan 1, 2023
75.37 INR
12.79 INR
10.05 INR
Jan 1, 2024
74.52 INR
14.44 INR
11.43 INR
Jan 1, 2025
83.53 INR
15.13 INR
12.56 INR
Jan 1, 2026 (e)
104.48 INR
19.51 INR
13.80 INR
Jan 1, 2027 (e)
116.61 INR
21.77 INR
16.66 INR
Jan 1, 2028 (e)
129.45 INR
24.17 INR
19.16 INR

Marico business model & stock analysis

Marico Ltd is an Indian company that was founded in 1990 and is headquartered in Mumbai. The company operates in various business sectors, including consumer goods, beauty and wellness products, and nutritional supplements. Marico is known for its strong presence in India but also for its international expansion. The company was founded by Harsh Mariwala, who previously worked for his father-in-law's family-owned company in blades and razors. Mariwala noticed an opportunity to focus on vegetable oils, as the market for it in India was relatively untapped. The name Marico combines Mariwala's name with his father's. Marico's history began with the production of Parachute Coconut Oil, which is now one of India's most well-known hair oils. The company started with a relatively simple business model of purchasing coconut oil in bulk, processing it, and bottling it. It expanded its product range to include a variety of hair care items and nutritional supplements, including food and energy drinks. Today, Marico is one of the largest consumer goods manufacturers in India. It is a multinational company with products sold in more than 25 countries. The company has also successfully established joint ventures, including a partnership with the world's largest food manufacturer, Nestlé. Marico's core business is still the production of vegetable oils. Parachute Coconut Oil remains the company's best-selling product and has a strong brand presence that is highly popular in India. The company has expanded its offerings and now also markets other oils like safflower, sesame, and olive oil. Another important product line for Marico is hair care products, including shampoos, conditioners, hair oils, and styling products. Livon and Set Wet are among the most well-known brands. The Saffola brand is another important product line targeting high-quality and healthy oils, particularly suitable for low-cholesterol diets. In addition to its core products, Marico invests in new business sectors to ensure future growth and expansion. In this regard, the company has established a division for beauty and wellness products. This includes brands like Mediker, Kaya, and Revive, which focus on various beauty and body care routines. Kaya is a chain of beauty clinics offering a wide range of services. Revive specializes in herbal and Ayurvedic products. Additionally, the company also sells nutritional supplements under the Saffola Fittify brand. Marico has a strong commitment to sustainability and social engagement. One of its major projects is collaborating with several Indian farmers who supply the raw materials. Marico supports farmers in adopting sustainable agricultural practices, thereby improving their living conditions and creating employment opportunities. As part of its social engagement, the company has implemented numerous programs to promote education, nutrition, and health in the community. Overall, Marico has established itself as a strong and fast-growing company in the consumer goods sector, with a robust product portfolio, a strong presence in the Indian market, a diversified business strategy, and a strong focus on sustainability.

Marico SWOT Analysis

Strengths

Marico Ltd possesses several strengths which contribute to its success in the market. These include:

  • Diverse product portfolio: Marico offers a wide range of consumer products in the categories of hair care, skin care, and edible oils, enabling it to cater to different customer segments.
  • Strong brand image: The company has established a strong brand presence over the years, leading to high brand recognition and customer loyalty.
  • Innovation and R&D capabilities: Marico places a strong emphasis on innovation and has a dedicated R&D team that constantly develops new products, enhancing its competitive position.
  • Extensive distribution network: The company has a well-established distribution network that enables it to reach a large customer base across various geographies.

Weaknesses

Despite its strengths, Marico Ltd also faces certain weaknesses that may hinder its growth and profitability. These weaknesses include:

  • Dependence on a few key markets: Marico generates a significant portion of its revenue from a few key markets, making it vulnerable to economic fluctuations or regulatory changes in those regions.
  • Reliance on raw material prices: Fluctuations in the prices of raw materials, such as coconut oil and other edible oils, can impact the company's profitability and margins.

Opportunities

Marico Ltd has several opportunities that it can capitalize on to further expand its business and achieve sustainable growth. These opportunities include:

  • Expanding global footprint: Marico can explore and enter new international markets to reduce its dependence on specific regions and tap into new customer segments.
  • Rising demand for organic and natural products: With the increasing consumer preference for organic and natural products, Marico can develop and promote such offerings to cater to this growing market segment.
  • Growing middle class and urbanization: As disposable incomes rise and urbanization continues, Marico can target the expanding middle-class population in emerging economies that seek quality personal care and wellness products.

Threats

Marico Ltd also faces certain threats that could negatively impact its business operations and market position. These threats include:

  • Intense competition: The personal care industry is highly competitive, with numerous established and emerging players. Marico must continually innovate and differentiate itself to withstand competition.
  • Changes in consumer preferences: Shifts in consumer preferences, such as a move towards natural or organic products, may require Marico to adapt its product offerings and marketing strategies accordingly.
  • Regulatory and compliance risks: Changes in regulations relating to product quality, labeling, or manufacturing processes could pose compliance challenges for Marico and impact its business operations.

Marico Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Marico historical P/E ratio, EBIT multiple, and P/S ratio

Marico annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Marico shares outstanding

The number of shares of Marico was 1.3 B in 2025. This indicates how many shares Marico is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
1.29 B Stocks
Jan 1, 2022
1.29 B Stocks
Jan 1, 2023
1.30 B Stocks
Jan 1, 2024
1.30 B Stocks
Jan 1, 2025
1.30 B Stocks
Jan 1, 2026 (e)
1.30 B Stocks
Jan 1, 2027 (e)
1.30 B Stocks
Jan 1, 2028 (e)
1.30 B Stocks

Marico stock splits

In Marico's history, there have been no stock splits.

Marico Dividend History

31 years of dividend payments

YearAnnual DividendYoY ChangePayments
20264.00INRYTD—1×
Jul 30, 20264.00INR↓ 42.9%1/1
202510.50INR↑ 61.5%2×
Feb 7, 20253.50INR↓ 46.2%1/2
Aug 1, 20257.00INR↑ 100.0%2/2
20246.50INR↓ 13.3%1×
20237.50INR↑ 20.0%2×
20226.25INR↓ 16.7%1×
20217.50INR↑ 7.1%2×
20207.00INR↑ 27.3%3×
20195.50INR↑ 22.2%2×
20184.50INR↑ 20.0%2×
20173.75INR↓ 6.3%2×

Marico dividend history and estimates

In 2025, Marico paid a dividend amounting to 10.50 INR. Dividend means that Marico distributes a portion of its profits to its owners.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2021 (e)
7.50 INR
3.75 INR
0.00 INR
Jan 1, 2022 (e)
6.25 INR
7.63 INR
0.00 INR
Jan 1, 2023 (e)
7.50 INR
10.50 INR
0.00 INR
Jan 1, 2024 (e)
6.50 INR
12.50 INR
0.00 INR
Jan 1, 2025 (e)
10.50 INR
-3.50 INR
0.00 INR
Jan 1, 2026 (e)
7.00 INR
7.00 INR
0.00 INR
Jan 1, 2027 (e)
0.00 INR
16.80 INR
0.00 INR
Jan 1, 2028 (e)
0.00 INR
20.16 INR
0.00 INR

Marico dividend payout ratio

In 2025, Marico had a payout ratio of 83.57%. The payout ratio indicates the percentage of the company's profits that Marico distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
82.60 %
Jan 1, 2022
65.93 %
Jan 1, 2023
74.62 %
Jan 1, 2024
56.85 %
Jan 1, 2025
83.57 %
Jan 1, 2026 (e)
101.45 %
Jan 1, 2027 (e)
100.81 %
Jan 1, 2028 (e)
105.24 %

Current Marico forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
1.55 %
Buy
73.81 % (31)
Hold
19.05 % (8)
Sell
7.14 % (3)
12M Price Target
871.08
Last Price
863.50
Currency
INR
12M Return Potential
0.88 %
LTM Return
0 %

Marico Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
5/3/20242.54INR-24.69 BINR-2024 Q4
2/1/20242.96INR-26.99 BINR-2024 Q3

EESG©

Eulerpool ESG Scorecard© for the Marico stock

91/100
99
Environment
99
Social
75
Governance
E

Environment

20
Scope 1 - Direct Emissions1,053
Scope 2 - Indirect emissions from purchased energy9,712
Scope 3 - Indirect emissions within the value chain560,753.4
Total CO₂ emissions10,765
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees18.17
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Marico shareholder structure

% Name
11.09761%
Taurus Family Trust
Taurus Family Trust
11.09727%
Gemini Family Trust
Gemini Family Trust
11.09716%
Valentine Family Trust
Valentine Family Trust
11.09616%
Aquarius Family Trust
Aquarius Family Trust
2.68837%
Life Insurance Corporation of India
Life Insurance Corporation of India
2.19097%
Mariwala (Rajvi Harsh)
Mariwala (Rajvi Harsh)
...

Marico Beneficial Ownership Filings (SEC 13D/G)

Free Float
42.6%
Float Shares
-
Shares Outstanding
-

Marico Executives and Management Board

21 members · avg. age 60 · 19 % women

SG

Mr. Saugata Gupta (57)

Chief Executive Officer, Managing Director, Executive Director

237.10 M INR

Management

PA

Mr. Pawan Agrawal

Chief Financial Officer

27.50 M INR
VA

Mr. Vinay M. A.

Compliance Officer, Company Secretary

2.66 M INR
AG

Mr. Ashish Goupal

Chief Executive Officer - International Business

–
AP

Mr. Amit Prakash

Chief Human Resource Officer

–
VN

Mr. Vrijesh Nagathan

Chief Information and Digital Technology Officer

–
SA

Ms. Somasree Awasthi

Chief Marketing Officer

–

Board of Directors

HM

Mr. Harsh Mariwala (73)

Non-Executive Chairman of the Board · since 1980

12.65 M INR
NK

Mr. Nikhil Khattau

Additional Non-Executive Director

8.78 M INR
AP

Ms. Apurva Purohit (57)

Independent Non-Executive Director

5.10 M INR
AS

Mr. Ananth Sankaranarayanan

Independent Non-Executive Director

5.00 M INR
MB

Mr. Milind Barve (65)

Lead Non-Executive Independent Director

4.90 M INR
SV

Shri. Rajeev Vasudeva (65)

Independent Non-Executive Director

4.85 M INR

Frequently asked questions about Marico

The business model of Marico Ltd revolves around consumer goods and is focused on providing a wide range of products in the health, wellness, and beauty space. Marico operates through two major business segments, namely Consumer Products and International Business. The company manufactures and markets various products such as hair care, skincare, edible oils, and health foods. Marico emphasizes innovation, quality, and market leadership to cater to the evolving needs of its customers. With a strong presence in both domestic and international markets, Marico continues to expand its product portfolio, enhance distribution networks, and maintain a customer-centric approach to drive growth and profitability.

Marico Ltd is primarily active in the consumer goods industry.

The main competitors of Marico Ltd in the market are Hindustan Unilever Limited (HUL), Dabur India Limited, and Emami Limited.

Marico Ltd is a renowned Indian company specializing in consumer goods. With a rich history dating back to 1990, Marico has grown into a trusted name in the FMCG sector. The company initially started with a single product, parachute coconut oil, and expanded its portfolio over the years. Marico has successfully ventured into various sectors, including hair care, skincare, edible oils, and health foods. With a strong focus on innovation and customer satisfaction, Marico has become a market leader and has established a strong presence both nationally and internationally. Marico Ltd continues to thrive in the competitive market, offering high-quality products that cater to the diverse needs of consumers.

Marico Ltd, a leading consumer goods company, has attained several significant milestones throughout its journey. Over the years, Marico has expanded its portfolio, established a strong footprint, and successfully penetrated new markets. The company has consistently delivered innovative products that resonate with consumers, enabling it to gain a substantial market share. Marico's accomplishments include achieving consistent revenue growth, exploring international opportunities, and forging strategic partnerships. With a focus on sustainability and consumer-centric offerings, Marico has emerged as a trusted brand in the FMCG sector. Through its dedication to excellence and continuous evolution, Marico Ltd continues to propel its success and make a lasting impact in the industry.

Marico Ltd is primarily present in India, where it has established a strong presence in the consumer goods sector. With its headquarters in Mumbai, the company operates throughout the country, catering to a diverse market. Marico Ltd also has a significant presence in other regions, including South Africa, Bangladesh, and ASEAN countries. Through strategic expansions and partnerships, Marico Ltd has managed to extend its reach internationally, making it a key player in the FMCG industry across different countries and regions.

Marico Ltd represents a set of core values and a strong corporate philosophy. With a focus on consumer-centricity, the company aims to provide quality and innovative products to enhance the lives of its customers. Marico believes in creating value for all stakeholders, fostering a culture of integrity, and promoting sustainable practices. The company's corporate philosophy revolves around continuous improvement, accountability, and learning from mistakes. Marico's commitment to excellence, adaptability, and passion drives its growth and success in the FMCG industry.

Analysts currently set an average price target of 858.89 INR for the Marico stock (median: 871.08 INR), implying -0.5 % versus the latest price. The consensus is based on 42 analyst ratings.

Marico Analyst Price Targets 2026

42 analysts currently rate the Marico stock: 31 recommend buying, 8 holding and 3 selling. For 2026, analysts expect Marico to generate revenue of 135.47 B INR and earnings per share of 13.80 INR.

Marico Analyst Price Targets 2026

Converted at the current exchange rate, the Marico share trades at 7.84 EUR (863.50 INR).

Marico Limited is an Indian company that produces and distributes consumer goods in the health and wellness, beauty and skincare, and food products sectors. The company was founded in 1987 and is headquartered in Mumbai, India.

The expected revenue of Marico is 135.47 B INR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Marico is 17.89 B INR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Marico is currently 62.57. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Marico stock.

The price-to-sales ratio (P/S) of Marico is currently 8.26. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Marico stock.

The Eulerpool Quality Score for Marico is 7/10.

The ISIN of Marico is INE196A01026. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Marico is MARICO.NS. The ticker symbol is used to trade Marico shares on the stock exchange.

Over the past 12 months, Marico paid a dividend of 10.50 INR . This corresponds to a dividend yield of about 1.22 %. For the coming 12 months, Marico is expected to pay a dividend of 16.80 INR.

The current dividend yield of Marico is 1.22 %.

Marico pays a dividend, distributed in the months of , , , .

Marico paid dividends every year for the past 30 years.

For the upcoming 12 months, dividends amounting to 16.80 INR are expected. This corresponds to a dividend yield of 1.95 %.

Marico is assigned to the 'Non-cyclical consumption' sector.

In the year 2025, Marico distributed 9.5 INR as dividends.

The dividends of Marico are distributed in INR.

All fundamentals and in-depth analysis of Marico

Our stock analysis for Marico stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Marico. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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