Overall Fundamental outlook

Business Operations:

Sector: Consumer Defensive
Industry: 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:

Revenue projections for MARICO
Revenue projections for MARICO

Investors may react cautiously to news that MARICO's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

Financial Ratios:

currentRatio 2.065000
forwardPE 43.345688
debtToEquity 12.986000
earningsGrowth 0.083000
revenueGrowth 0.198000
grossMargins 0.502540
operatingMargins 0.148720
trailingEps 12.550000
forwardEps 14.150000

MARICO's current ratio 2.065, suggesting the company has sufficient liquidity to service its short-term debt. With its cash reserves and current assets in good shape, MARICO can comfortably meet its immediate liabilities, reflecting a healthy financial standing.
MARICO's low Debt-to-Equity ratio demonstrates that the company is not over-leveraged. This means it maintains a healthy balance between debt and equity, lowering financial risk and contributing to overall financial stability, which could attract risk-averse investors.
MARICO's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that MARICO is likely to outperform its previous year's financial performance.

Price projections:

Price projections for MARICO
Price projections for MARICO

Marico Limited's price projections have gradually risen, indicating growing confidence in the company's prospects. This upward trend suggests that analysts expect Marico Limited to continue performing well in the future.

Recommendation changes over time:

Recommendations trend for MARICO
Recommendations trend for MARICO


Marico Limited has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view Marico Limited as a reliable choice for their money, offering a promising avenue for future growth and financial gains.