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Marico Ltd Share Price (MARICO)


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Q1 '23 Results
News and Events

Overview of Marico Ltd

Key events for Marico Ltd

  • Mixed Sentiments for Marico Ltd Stock - 28 Sep, 2023

    Traders take bearish bets on Marico while it is also named as a TTC compounder 100-bagger. Mixed sentiments observed.

  • Marico Ltd Stock Shows Potential for Upside Movement - 27 Sep, 2023

    Marico Ltd's stock is showing a gradual up move with a higher low series on the daily chart and has formed a Cup and Handle chart pattern, indicating potential for further upside movement.

  • Mutual Funds Trim Exposure in Marico Ltd - 13 Sep, 2023

    Marico Ltd was one of the largecap stocks where mutual funds trimmed their exposures in August.

  • Top-Level Changes Announced at Marico Ltd - 12 Sep, 2023

    FMCG products maker Marico announced top-level changes after the resignation of its COO and CEO. Vaibhav Bhanchawat will take over as COO for India & Foods Business.

  • Marico COO Sanjay Mishra Steps Down, Vaibhav Bhanchawat to Take Over as India COO - 11 Sep, 2023

    Sanjay Mishra, the Chief Operating Officer of Marico's India business and CEO of new business, is stepping down. Vaibhav Bhanchawat will take over as COO of India business from October 1. Ashish Goupal will be designated as CEO of international business.

  • Marico Promoters' Combined Net Worth Increases by 5.38% - 04 Sep, 2023

    Harsh Mariwala and Kishore Mariwala, promoters of Marico Ltd, witnessed a 5.38% increase in their combined net worth to ₹41,459 crore due to the company's focus on optimizing its food portfolio and D2C brands.

  • Marico Ltd's Insiders Hold Significant Stake in the Company - 03 Sep, 2023

    Private companies hold 45% of Marico Ltd's shares, while institutions account for 28%. The company's insiders maintain a meaningful ₹94b stake in this ₹735b business. The general public holds a 13% stake.

  • FMCG Companies Acquiring D2C Businesses - 23 Aug, 2023

    Hindustan Unilever, Marico, ITC, and Tata Consumer Products have been actively acquiring food and non-food direct-to-consumer businesses.

  • Marico Acquires Stake in Plix and Reports Rise in Net Profit - 21 Aug, 2023

    Marico Ltd acquires a majority stake in plant-based nutrition brand Plix and reports a rise in net profit despite a slip in revenue. Hedonova CIO recommends Marico as a top pick.

  • Marico Reports Rise in Net Profit Despite Revenue Drop - 20 Aug, 2023

    Marico Ltd reported a 15.64% increase in its consolidated net profit to Rs 436 crore, while revenue from operations fell by 3.16% due to pricing drops in key domestic portfolios and currency headwinds in international markets.

  • Marico Q1 Profit Up 15.6% YoY - 19 Aug, 2023

    Marico Ltd posted a fiscal first-quarter profit of Rs 436 crore, up 15.6% YoY, with gross margin expanding ahead of internal expectations due to softer input costs. The food business continued its healthy scale-up with 244% value growth YoY.

  • Marico's Steady Growth in Per-Share Earnings - 18 Aug, 2023

    Marico Ltd has shown steady growth in per-share earnings, with positive analyst forecasts for future profits.

  • FMCG Companies Focus on Volume Growth as Commodity Inflation Moderates - 17 Aug, 2023

    Companies like Marico, HUL, Godrej Consumer and Dabur are cutting prices by 5-10% in the June quarter to boost volume growth.

  • Marico Acquires Part Ownership in Plix Amidst Growing Competition from Local Brands - 10 Aug, 2023

    Marico Ltd invests Rs 369 crore in Plix amidst growing competition from local brands. Market research shows local companies grew 13% while regional brands fell 2%.

  • Mixed Results for Marico Ltd in Q1 - 03 Aug, 2023

    Marico Ltd's Q1 results show a fall in revenue due to sluggish rural demand, but profit rose on a drop in input costs. Analysts recommend a buy call with a target price of Rs 610.

  • Marico Reports Rise in Quarterly Profit Despite Revenue Fall - 02 Aug, 2023

    Marico Ltd reported a bigger-than-expected rise in quarterly profit despite a fall in revenue due to sluggish rural demand. Sharrp Ventures, Marico's family office, has invested around $40 million in the start-up ecosystem. Marico's ROCE of 38% outpaces industry average.

  • Marico Sees Optimistic Recovery Outlook Despite Slow Rural Growth - 01 Aug, 2023

    Marico Ltd reports slower rural recovery than expected, but sees positive revenue growth in H2 with gross margin expansion. Confirms higher demand in rural India due to government spending on infrastructure.

  • Mixed Results for Marico Ltd in Q1 FY24 - 31 Jul, 2023

    Marico Ltd reported mixed results for Q1 FY24, with consolidated net profit rising 15-16%, but revenue falling 3.2%. Brokerages remain largely positive, expecting improvement in sales from H2 FY24.

  • Marico Aims for Revenue Growth Through Personal Care Business - 30 Jul, 2023

    Marico aims to reduce its dependence on volatile edible oil market and focus on personal care and food portfolio. The company expects significant growth in its premium personal care business and digital-first portfolio.

  • Marico Beats Estimates with Strong Q1 Results - 28 Jul, 2023

    Marico Ltd reported a strong Q1 performance, beating analyst estimates with a consolidated net profit ranging from Rs 427-436 crore and revenue from operations slipping 3.16-3.2% YoY.

Analyst Rating for Marico Ltd stock

based on 37 analysts


Based on 37 analysts offering long term price targets for Marico Ltd. An average target of ₹606.68

Source: S&P Global Market Intelligence

Marico Ltd share Performance

  • ₹558.25
    downward going graph



    Day's Volatility:5.09%



    downward going graph
  • ₹462.7
    downward going graph



    52 Weeks Volatility:23.05%



    downward going graph
1 Month Return4.34 %
3 Month Return11.36 %
1 Year Return6.39 %
Previous Close₹583.80
Market Cap₹75,513.64Cr

Marico Ltd Company Information

Marico Ltd is a leading Indian consumer products company, incorporated in 1988 by Harsh Mariwala. The company operates in various lines of business including health and beauty, food and beverages, and home and personal care. It has a presence in over 25 countries across Asia, Africa, and the Middle East.

Marico's top products include edible oils, hair oils, skin care, health supplements, and food products. Its popular brands include Parachute, Saffola, Hair & Care, Nihar, Livon, Set Wet, and Mediker. The company has also launched several innovative products, such as Saffola Fittify Gourmet, which is a range of healthy and nutritious food products.

Share Price: ₹559.80 per share as on 28 Sep, 2023 04:01 PM
Market Capitalisation: ₹75,513.64Cr as of today
Revenue: ₹2,308.00Cr as on March 2023 (Q1 23)
Net Profit: ₹302.00Cr as on March 2023 (Q1 23)
Listing date: 01 May, 1996
Chairperson Name: Harsh Mariwala
OrganisationMarico Ltd
E-voting on sharesClick here to vote

Fundamentals of Marico Ltd

Insights on Marico Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.


    Price Rise

    In the last 3 years, MARICO stock has moved up by 61.5%


    Best in 3 Years

    In the last 3 years, MARICO has outperformed top 5 stocks with highest market-cap in Personal Products


    MF Holding Up

    Mutual Funds have increased holdings from 3.17% to 3.29% in Jun 2023 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    Promoters holdings remained unchanged at 59.42% of holdings in Jun 2023 quarter

  • imgNO EFFECT

    Against Peers

    In the last 1 year, Godrej Consumer Products Ltd has given 10.6% return, outperforming this stock by 4.2%


    Profit Down

    Netprofit is down for the last 2 quarters, 328.0 Cr → 302.0 Cr (in ₹), with an average decrease of 7.9% per quarter


    Revenue Fall

    Revenue is down for the last 4 quarters, 2.57K Cr → 2.30K Cr (in ₹), with an average decrease of 3.5% per quarter


    Retail Holding Down

    Retail Investor have decreased holdings from 5.08% to 4.97% in Jun 2023 quarter


    FII Holding Down

    Foreign Institutions have decreased holdings from 24.97% to 24.96% in Jun 2023 quarter

Marico Ltd share Valuation

Marico Ltd in the last 5 years

  • Overview

  • Trends

Lowest (25.23x)

March 23, 2020

Today (55.52x)

September 26, 2023

Industry (65.45x)

September 26, 2023

Highest (64.75x)

September 13, 2021


Mutual Fund Holdings

Funds Holdings
UTI Flexi Cap Fund - Growth Option - DirectUTI Flexi Cap Fund - Growth Option - Direct1.3%
Franklin India Flexi Cap Fund Direct GrowthFranklin India Flexi Cap Fund Direct Growth1.94%
DSP Tax Saver Fund Direct Plan GrowthDSP Tax Saver Fund Direct Plan Growth1.02%
Nippon India Large Cap Fund - Direct Plan - Growth PlanNippon India Large Cap Fund - Direct Plan - Growth Plan0.72%
Franklin India Bluechip Fund Direct GrowthFranklin India Bluechip Fund Direct Growth1.68%

Marico Ltd Shareholding Pattern

InvestorsHoldings %Prev. 2 periods3M change
Promoter Holdings
Foreign Institutions
Mutual Funds
Retail Investors

Technicals of Marico Ltd share

News & Events of Marico Ltd

Frequently Asked Questions

Marico Ltd (MARICO) share price today is ₹559.8

  • Today’s highest price of Marico Ltd is ₹586.75.
  • Today’s lowest price of Marico Ltd is ₹558.25.

Today’s traded volume of Marico Ltd(MARICO) is 21.74L.

Today’s market capitalisation of Marico Ltd(MARICO) is ₹75513.64Cr.

Marico Ltd(MARICOPrice
52 Week High
52 Week Low

Marico Ltd(MARICO) share price is ₹559.8. It is down -5.40% from its 52 Week High price of ₹591.75

Marico Ltd(MARICO) share price is ₹559.8. It is up 20.99% from its 52 Week Low price of ₹462.7

Marico Ltd(MARICOReturns
1 Day Returns
1 Month Returns
3 Month Returns
1 Year Returns