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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 Limited is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
| currentRatio | 1.310000 |
|---|---|
| forwardPE | 43.982994 |
| debtToEquity | 12.394000 |
| earningsGrowth | 0.145000 |
| revenueGrowth | 0.221000 |
| grossMargins | 0.444640 |
| operatingMargins | 0.138310 |
| trailingEps | 13.590000 |
| forwardEps | 18.870930 |
Marico Limited's current ratio of 1.31 means the company has enough liquidity to meet its short-term debt obligations. With sufficient cash reserves and current assets, Marico Limited can comfortably cover its liabilities, reflecting a strong financial outlook.
MARICO's low Debt-to-Equity ratio suggests the company is minimally leveraged, with limited reliance on debt to finance its operations. This reduced financial risk positions the company for greater stability and financial health, appealing to investors who value conservative financial management.
MARICO's positive earnings and revenue growth reflect a strong outlook for the company's business expansion. The company is expected to continue growing, with increasing profitability and sales driving further growth in the near future.
With a forward EPS greater than its trailing EPS, Marico Limited is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.
Price projections:
The price of MARICO has consistently been close to the lower limit of expectations. This trend may point to challenges in the company's performance, leading to concerns about its future growth potential.
Recommendation changes over time:
Analysts' buy bias for Marico Limited signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to Marico Limited, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.
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