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Fundamentals for Marico Limited
Business Operations:
Sector: Consumer DefensiveIndustry: Household & Personal Products
Marico Limited, together with its subsidiaries, manufactures and sells consumer products in India. It offers coconut oils, refined edible oils, hair oils, anti-lice treatments, fabric care, functional and other processed foods, hair creams and gels, hair serums, shampoos, shower gels, shower gels, hair relaxers and straighteners, deodorants, fabric care, female personal care, baby care, skin care, male grooming and styling, health care, and hygiene products, as well as conditioners. The company markets its products under the Parachute, Saffola, Saffola FITTIFY Gourmet, Saffola ImmuniVeda, Saffola Mealmaker, Hair & Care, Parachute Advansed, Nihar Naturals, Mediker, Pure Sense, Coco Soul, Revive, Set Wet, Livon, Just Herbs, True Elements, Beardo, and Plix brand names in India; and under the Parachute, Parachute Advansed, HairCode, Fiancée, Purité de Prôvence, Ôliv, Lashe', Caivil, Hercules, Black Chic, Code 10, Ingwe, X-Men, Thuan Phat and Isoplus brand names internationally. Its distribution network comprises regional offices, carrying and forwarding agents, redistribution centers, and distributors. The company was incorporated in 1988 and is headquartered in Mumbai, India.
Revenue projections:
MARICO's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.
Financial Ratios:
| currentRatio | 1.90100 |
|---|---|
| forwardPE | 45.31164 |
| debtToEquity | 13.67100 |
| earningsGrowth | -0.00600 |
| revenueGrowth | 0.30700 |
| grossMargins | 0.45887 |
| operatingMargins | 0.14733 |
| trailingEps | 12.82000 |
| forwardEps | 16.35231 |
The current ratio for MARICO is 1.901, indicating that the company can service its short-term debt using available cash and assets. This suggests MARICO has strong liquidity, with more than enough resources to meet its immediate financial commitments.
MARICO's low Debt-to-Equity ratio highlights its minimal reliance on debt, showing that the company is not over-leveraged. This contributes to lower financial risk and greater stability, giving MARICO a stronger position in managing its financial obligations.
MARICO's forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in MARICO's earnings potential, with forecasts indicating better financial performance than in the prior year.
Price projections:
Price projections for MARICO have gradually risen over time, signaling increased optimism about the company's future prospects. This steady upward revision reflects growing confidence in MARICO's market potential.
Recommendation changes over time:
Recent analysis shows a strong buy bias for MARICO, encouraging investors to view it as a solid investment option. The positive sentiment surrounding MARICO suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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