Marico Ltd

NSE: MARICO BSE: 531642

₹766.50

-8.50 (1.10%)

Wed, 28 Oct 2026, 08:15 pm

MTF 5xInvest in Marico Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)99348.58

PE Ratio52.72

Dividend0.52

Consumer Non-Durables

Household/Personal Care

24.5K

Marico Income Statement

Income Statement Balance Sheet Cashflow

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total revenue	11.32B	15.41B	18.90B	23.66B	26.42B	31.17B	39.97B	45.84B	46.76B	57.26B	60.12B	59.07B	62.98B	72.84B	72.61B	80.00B	94.61B	97.00B	95.84B	107.50B
Gross profit	1.12B	5.77B	7.25B	8.44B	9.58B	9.98B	12.62B	16.14B	16.60B	19.13B	21.87B	22.65B	21.04B	22.77B	25.41B	26.87B	29.52B	31.99B	35.83B	39.59B
Operating expenses (excl. COGS)	-212.30M	-4.33B	-5.14B	-6.01B	-6.33B	-6.54B	-8.59B	-10.78B	-9.86B	-11.08B	-11.52B	-11.66B	-10.69B	-11.32B	-12.64B	-12.84B	-14.59B	-16.07B	-17.83B	-20.79B
Selling/general/admin expenses, total	—	-4.29B	-5.09B	-3.97B	-5.93B	-6.52B	-8.24B	-10.31B	-9.42B	-10.57B	-11.19B	-11.35B	-10.61B	-11.21B	-12.67B	-12.79B	-14.51B	-16.07B	-17.83B	-20.77B
Research & development	-32.80M	-37.40M	-48.70M	-57.30M	-80.40M	-75.30M	-63.70M	-59.50M	-165.70M	-191.90M	-250.50M	-298.50M	-298.80M	-310.00M	-310.00M	-290.00M	-290.00M	-320.00M	-450.00M	-456.20M
Selling/general/admin expenses, other	—	-4.26B	-5.04B	-3.91B	-5.85B	-6.45B	-8.18B	-10.25B	-9.26B	-10.38B	-10.94B	-11.05B	-10.31B	-10.90B	-12.36B	-12.50B	-14.22B	-15.75B	-17.38B	-20.31B
Other operating expenses, total	-212.30M	-40.30M	-52.00M	-2.04B	-404.90M	-17.50M	-351.60M	-471.00M	-442.80M	-509.00M	-332.60M	-312.50M	-80.20M	-110.00M	30.00M	-50.00M	-80.00M	0	0	-20.00M
Operating income	903.29M	1.44B	2.12B	2.43B	3.24B	3.44B	4.03B	5.36B	6.74B	8.05B	10.35B	10.98B	10.35B	11.45B	12.77B	14.03B	14.93B	15.92B	18.00B	18.80B
Non-operating income, total	52.01M	28.60M	-105.40M	-153.90M	-263.00M	323.10M	-26.20M	161.30M	210.20M	166.20M	-53.30M	503.50M	820.50M	1.13B	970.00M	1.22B	1.08B	1.51B	1.37B	2.36B
Interest expense, net of interest capitalized	-61.79M	-238.70M	-252.60M	-285.80M	-173.30M	-213.30M	-423.90M	-580.20M	-344.50M	-229.50M	-214.00M	-120.80M	-153.00M	-400.00M	-500.00M	-340.00M	-390.00M	-560.00M	-730.00M	-530.00M
Interest capitalized	0	0	0	0	0	5.60M	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non-operating income, excl. interest expenses	44.80M	134.20M	149.10M	282.20M	47.50M	576.40M	423.70M	477.20M	652.30M	381.70M	202.70M	439.70M	852.30M	1.53B	1.78B	2.06B	1.47B	2.07B	2.10B	2.89B
Non-operating interest income	13.20M	32.60M	28.80M	59.60M	110.70M	162.10M	175.50M	229.10M	374.20M	190.60M	323.60M	363.20M	336.10M	540.00M	720.00M	590.00M	590.00M	490.00M	770.00M	770.00M
Miscellaneous non-operating expense	31.60M	101.60M	120.30M	222.60M	-63.20M	414.30M	248.20M	248.10M	278.10M	191.10M	-120.90M	86.50M	517.40M	990.00M	1.06B	1.47B	880.00M	1.58B	1.33B	2.12B
Unusual income/expense	69.00M	133.10M	-1.90M	-150.30M	-137.20M	-40.00M	-26.00M	264.30M	-97.60M	14.00M	-42.00M	184.60M	121.20M	0	-310.00M	-500.00M	0	0	0	0
Pretax income	955.30M	1.47B	2.01B	2.27B	2.98B	3.76B	4.00B	5.52B	6.95B	8.22B	10.29B	11.49B	11.17B	12.58B	13.74B	15.25B	16.01B	17.43B	19.37B	21.16B
Taxes	-86.50M	-339.00M	-319.70M	-385.20M	-643.40M	-849.80M	-782.50M	-1.46B	-1.90B	-2.37B	-3.05B	-3.38B	-2.90B	-1.26B	-3.31B	-3.24B	-3.46B	-4.21B	-4.35B	-4.58B
Non-controlling/minority interest	0	0	-1.00M	100.00K	-18.70M	-50.10M	-49.50M	-98.30M	-187.20M	-114.30M	-118.50M	-123.80M	-129.60M	-170.00M	-220.00M	-270.00M	-300.00M	-200.00M	-210.00M	-290.00M
After tax other income/expense	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net income before discontinued operations	868.80M	1.13B	1.69B	1.89B	2.32B	2.86B	3.17B	3.96B	4.85B	5.73B	7.11B	7.99B	8.14B	11.14B	10.21B	11.72B	12.25B	13.02B	14.81B	16.29B
Net income	868.80M	1.13B	1.69B	1.89B	2.32B	2.86B	3.17B	3.96B	4.85B	5.73B	7.11B	7.99B	8.14B	11.14B	10.21B	11.72B	12.25B	13.02B	14.81B	16.29B
Dilution adjustment	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred dividends	0	18.80M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Diluted net income available to common stockholders	868.80M	1.11B	1.69B	1.89B	2.32B	2.86B	3.17B	3.96B	4.85B	5.73B	7.11B	7.99B	8.14B	11.14B	10.21B	11.72B	12.25B	13.02B	14.81B	16.29B
Basic earnings per share (Basic EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share (Diluted EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	1.33B	1.95B	2.42B	2.78B	3.79B	4.15B	4.75B	6.21B	7.41B	8.91B	11.21B	11.88B	11.20B	12.76B	14.15B	15.41B	16.29B	17.46B	19.57B	20.58B
EBIT	903.29M	1.44B	2.12B	2.43B	3.24B	3.44B	4.03B	5.36B	6.74B	8.05B	10.35B	10.98B	10.35B	11.45B	12.77B	14.03B	14.93B	15.92B	18.00B	18.80B
Total operating expenses	-10.41B	-13.97B	-16.79B	-21.23B	-23.17B	-27.73B	-35.94B	-40.49B	-40.03B	-49.21B	-49.78B	-48.09B	-52.63B	-61.39B	-59.84B	-65.97B	-79.68B	-81.08B	-77.84B	-88.70B
Prepaid expenses	7.10M	4.10M	5.10M	4.70M	13.70M	5.50M	3.67B	4.91B	86.30M	103.50M	151.00M	136.80M	138.50M	160.00M	150.00M	140.00M	140.00M	190.00M	250.00M	270.00M
Deferred income, current	—	—	—	—	—	—	—	—	174.90M	301.20M	269.20M	244.10M	238.20M	300.00M	200.00M	410.00M	270.00M	460.00M	300.00M	590.00M
Capital and operating lease obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	1.44B	1.22B	1.22B	910.00M	910.00M	1.24B	1.24B
Operating lease liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Deferred tax liabilities	121.20M	41.30M	32.40M	91.60M	53.30M	139.00M	217.40M	428.80M	422.90M	447.10M	653.00M	624.10M	678.20M	460.00M	420.00M	1.10B	1.83B	2.66B	4.05B	4.02B
Deferred income, non-current	0	0	0	0	—	—	—	—	—	0	0	0	0	—	—	—	—	—	—	—
Minority interest	0	100.00K	1.20M	0	125.30M	218.80M	249.00M	351.40M	357.90M	136.50M	143.10M	133.40M	125.10M	120.00M	130.00M	180.00M	570.00M	1.57B	3.37B	2.91B
Change in accrued expenses	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	50.00M	50.00M	—
Common dividends paid	-393.80M	-455.70M	-324.90M	-477.20M	-472.10M	-470.60M	-469.90M	-670.10M	-1.42B	-3.00B	-5.02B	-5.09B	-6.36B	-6.82B	-10.26B	-10.29B	-11.95B	-5.82B	-12.29B	-4.53B
Preferred dividends paid	0	-18.80M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total revenue	11.32B	15.41B	18.90B	23.66B	26.42B	31.17B	39.97B	45.84B	46.76B	57.26B	60.12B	59.07B	62.98B	72.84B	72.61B	80.00B	94.61B	97.00B	95.84B	107.50B
Gross profit	1.12B	5.77B	7.25B	8.44B	9.58B	9.98B	12.62B	16.14B	16.60B	19.13B	21.87B	22.65B	21.04B	22.77B	25.41B	26.87B	29.52B	31.99B	35.83B	39.59B
Operating expenses (excl. COGS)	-212.30M	-4.33B	-5.14B	-6.01B	-6.33B	-6.54B	-8.59B	-10.78B	-9.86B	-11.08B	-11.52B	-11.66B	-10.69B	-11.32B	-12.64B	-12.84B	-14.59B	-16.07B	-17.83B	-20.79B
Selling/general/admin expenses, total	—	-4.29B	-5.09B	-3.97B	-5.93B	-6.52B	-8.24B	-10.31B	-9.42B	-10.57B	-11.19B	-11.35B	-10.61B	-11.21B	-12.67B	-12.79B	-14.51B	-16.07B	-17.83B	-20.77B
Research & development	-32.80M	-37.40M	-48.70M	-57.30M	-80.40M	-75.30M	-63.70M	-59.50M	-165.70M	-191.90M	-250.50M	-298.50M	-298.80M	-310.00M	-310.00M	-290.00M	-290.00M	-320.00M	-450.00M	-456.20M
Selling/general/admin expenses, other	—	-4.26B	-5.04B	-3.91B	-5.85B	-6.45B	-8.18B	-10.25B	-9.26B	-10.38B	-10.94B	-11.05B	-10.31B	-10.90B	-12.36B	-12.50B	-14.22B	-15.75B	-17.38B	-20.31B
Other operating expenses, total	-212.30M	-40.30M	-52.00M	-2.04B	-404.90M	-17.50M	-351.60M	-471.00M	-442.80M	-509.00M	-332.60M	-312.50M	-80.20M	-110.00M	30.00M	-50.00M	-80.00M	0	0	-20.00M
Operating income	903.29M	1.44B	2.12B	2.43B	3.24B	3.44B	4.03B	5.36B	6.74B	8.05B	10.35B	10.98B	10.35B	11.45B	12.77B	14.03B	14.93B	15.92B	18.00B	18.80B
Non-operating income, total	52.01M	28.60M	-105.40M	-153.90M	-263.00M	323.10M	-26.20M	161.30M	210.20M	166.20M	-53.30M	503.50M	820.50M	1.13B	970.00M	1.22B	1.08B	1.51B	1.37B	2.36B
Interest expense, net of interest capitalized	-61.79M	-238.70M	-252.60M	-285.80M	-173.30M	-213.30M	-423.90M	-580.20M	-344.50M	-229.50M	-214.00M	-120.80M	-153.00M	-400.00M	-500.00M	-340.00M	-390.00M	-560.00M	-730.00M	-530.00M
Interest capitalized	0	0	0	0	0	5.60M	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non-operating income, excl. interest expenses	44.80M	134.20M	149.10M	282.20M	47.50M	576.40M	423.70M	477.20M	652.30M	381.70M	202.70M	439.70M	852.30M	1.53B	1.78B	2.06B	1.47B	2.07B	2.10B	2.89B
Non-operating interest income	13.20M	32.60M	28.80M	59.60M	110.70M	162.10M	175.50M	229.10M	374.20M	190.60M	323.60M	363.20M	336.10M	540.00M	720.00M	590.00M	590.00M	490.00M	770.00M	770.00M
Miscellaneous non-operating expense	31.60M	101.60M	120.30M	222.60M	-63.20M	414.30M	248.20M	248.10M	278.10M	191.10M	-120.90M	86.50M	517.40M	990.00M	1.06B	1.47B	880.00M	1.58B	1.33B	2.12B
Unusual income/expense	69.00M	133.10M	-1.90M	-150.30M	-137.20M	-40.00M	-26.00M	264.30M	-97.60M	14.00M	-42.00M	184.60M	121.20M	0	-310.00M	-500.00M	0	0	0	0
Pretax income	955.30M	1.47B	2.01B	2.27B	2.98B	3.76B	4.00B	5.52B	6.95B	8.22B	10.29B	11.49B	11.17B	12.58B	13.74B	15.25B	16.01B	17.43B	19.37B	21.16B
Taxes	-86.50M	-339.00M	-319.70M	-385.20M	-643.40M	-849.80M	-782.50M	-1.46B	-1.90B	-2.37B	-3.05B	-3.38B	-2.90B	-1.26B	-3.31B	-3.24B	-3.46B	-4.21B	-4.35B	-4.58B
Non-controlling/minority interest	0	0	-1.00M	100.00K	-18.70M	-50.10M	-49.50M	-98.30M	-187.20M	-114.30M	-118.50M	-123.80M	-129.60M	-170.00M	-220.00M	-270.00M	-300.00M	-200.00M	-210.00M	-290.00M
After tax other income/expense	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net income before discontinued operations	868.80M	1.13B	1.69B	1.89B	2.32B	2.86B	3.17B	3.96B	4.85B	5.73B	7.11B	7.99B	8.14B	11.14B	10.21B	11.72B	12.25B	13.02B	14.81B	16.29B
Net income	868.80M	1.13B	1.69B	1.89B	2.32B	2.86B	3.17B	3.96B	4.85B	5.73B	7.11B	7.99B	8.14B	11.14B	10.21B	11.72B	12.25B	13.02B	14.81B	16.29B
Dilution adjustment	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred dividends	0	18.80M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Diluted net income available to common stockholders	868.80M	1.11B	1.69B	1.89B	2.32B	2.86B	3.17B	3.96B	4.85B	5.73B	7.11B	7.99B	8.14B	11.14B	10.21B	11.72B	12.25B	13.02B	14.81B	16.29B
Basic earnings per share (Basic EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share (Diluted EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	1.33B	1.95B	2.42B	2.78B	3.79B	4.15B	4.75B	6.21B	7.41B	8.91B	11.21B	11.88B	11.20B	12.76B	14.15B	15.41B	16.29B	17.46B	19.57B	20.58B
EBIT	903.29M	1.44B	2.12B	2.43B	3.24B	3.44B	4.03B	5.36B	6.74B	8.05B	10.35B	10.98B	10.35B	11.45B	12.77B	14.03B	14.93B	15.92B	18.00B	18.80B
Total operating expenses	-10.41B	-13.97B	-16.79B	-21.23B	-23.17B	-27.73B	-35.94B	-40.49B	-40.03B	-49.21B	-49.78B	-48.09B	-52.63B	-61.39B	-59.84B	-65.97B	-79.68B	-81.08B	-77.84B	-88.70B
Prepaid expenses	7.10M	4.10M	5.10M	4.70M	13.70M	5.50M	3.67B	4.91B	86.30M	103.50M	151.00M	136.80M	138.50M	160.00M	150.00M	140.00M	140.00M	190.00M	250.00M	270.00M
Deferred income, current	—	—	—	—	—	—	—	—	174.90M	301.20M	269.20M	244.10M	238.20M	300.00M	200.00M	410.00M	270.00M	460.00M	300.00M	590.00M
Capital and operating lease obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	1.44B	1.22B	1.22B	910.00M	910.00M	1.24B	1.24B
Operating lease liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Deferred tax liabilities	121.20M	41.30M	32.40M	91.60M	53.30M	139.00M	217.40M	428.80M	422.90M	447.10M	653.00M	624.10M	678.20M	460.00M	420.00M	1.10B	1.83B	2.66B	4.05B	4.02B
Deferred income, non-current	0	0	0	0	—	—	—	—	—	0	0	0	0	—	—	—	—	—	—	—
Minority interest	0	100.00K	1.20M	0	125.30M	218.80M	249.00M	351.40M	357.90M	136.50M	143.10M	133.40M	125.10M	120.00M	130.00M	180.00M	570.00M	1.57B	3.37B	2.91B
Change in accrued expenses	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	50.00M	50.00M	—
Common dividends paid	-393.80M	-455.70M	-324.90M	-477.20M	-472.10M	-470.60M	-469.90M	-670.10M	-1.42B	-3.00B	-5.02B	-5.09B	-6.36B	-6.82B	-10.26B	-10.29B	-11.95B	-5.82B	-12.29B	-4.53B
Preferred dividends paid	0	-18.80M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0