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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:
With MARICO's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.
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 |
MARICO's current ratio of 1.901, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as MARICO has enough cash and current assets to handle its immediate liabilities comfortably.
MARICO's low Debt-to-Equity ratio indicates the company is not over-leveraged. This suggests a balanced financial structure with limited reliance on debt, which reduces financial risk and enhances its stability, making MARICO's financial position more secure and appealing to investors.
MARICO's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that MARICO is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.
Price projections:
The steady upward revision of MARICO's price projections indicates growing confidence in the company's future. Analysts are increasingly optimistic about MARICO's potential to deliver strong results and increased market value.
Recommendation changes over time:
A recent buy bias from analysts toward MARICO may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that MARICO might be an appealing option for those looking to grow their wealth through stock market investments.
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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