Marico Ltd
NSE: MARICO BSE: 531642
â‚ą766.50
-8.50 (1.10%)
Wed, 28 Oct 2026, 10:37 pm
Market Cap (in Cr)99348.58
PE Ratio52.72
Dividend0.52
Consumer Non-Durables
Household/Personal Care
24.5KMarico Analysis
dividend
- Dividends per share have increased over the past 10 years.
- Dividends paid are covered by earnings (1.2x coverage).
- Dividends after 3 years are expected to be covered by earnings (1.5x coverage).
- Marico's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- Marico's dividend is below the markets top 25% of dividend payers in India (3.08%).
future
- Marico's earnings growth is expected to exceed the low risk savings rate of 7.2%.
- Marico's earnings are expected to increase by more than the low risk growth rate in 3 years time.
- Marico is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
- Performance (ROE) is expected to be above the current IN Personal Products industry average.
- An improvement in Marico's performance (ROE) is expected over the next 3 years.
- Cash flow for Marico is expected to increase but not above the 50% threshold in 2 years time.
- Marico's earnings are expected to grow by 9.4% yearly, however this is not considered high growth (20% yearly).
- Marico's earnings growth is positive but not above the India market average.
- Marico's earnings are expected to increase but not above the low risk growth rate next year.
- Marico's net income is expected to increase but not above the 50% threshold in 2 years time.
- Marico's revenue is expected to increase but not above the 50% threshold in 2 years time.
- Marico's revenue is expected to grow by 6.6% yearly, however this is not considered high growth (20% yearly).
- Marico's revenue growth is positive but not above the India market average.
health
- Marico is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Marico is profitable, therefore cash runway is not a concern.
- Marico is profitable, therefore cash runway is not a concern.
- Debt is well covered by operating cash flow (363.6%, greater than 20% of total debt).
- Debt is covered by short term assets, assets are 9.5x debt.
- Marico's cash and other short term assets cover its long term commitments.
- The level of debt compared to net worth has been reduced over the past 5 years (23.5% vs 11% today).
- Interest payments on debt are well covered by earnings (EBIT is 26.6x coverage).
- Marico's level of debt (11%) compared to net worth is satisfactory (less than 40%).
- High level of physical assets or inventory.
management
- The tenure for the Marico board of directors is about average.
- Saugata's remuneration is about average for companies of similar size in India.
- Saugata's compensation has been consistent with company performance over the past year, both up more than 20%.
- More shares have been bought than sold by Marico individual insiders in the past 3 months.
- The tenure for the Marico management team is about average.
misc
- Marico has significant price volatility in the past 3 months.
past
- Marico's year on year earnings growth rate has been positive over the past 5 years.
- Marico used its assets more efficiently than the IN Personal Products industry average last year based on Return on Assets.
- Marico has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
- Marico's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Marico's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
- Marico's 1-year earnings growth is negative, it can't be compared to the IN Personal Products industry average.
value
- 531642 outperformed the Market in India which returned -14.5% over the past year.
- BSE:531642 is up 4.4% along with the Personal Products industry (3.7%) over the past month.
- Marico's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
- Marico's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
- Marico is overvalued based on assets compared to the IN Personal Products industry average.
- Marico is poor value based on expected growth next year.
- Marico is overvalued based on earnings compared to the IN Personal Products industry average.
- Marico is overvalued based on earnings compared to the India market.
- 531642 underperformed the Personal Products industry which returned -5.3% over the past year.
- BSE:531642 is up 4.4% underperforming the market in India which returned 8% over the past month.
