Marico Limited is one of India’s leading consumer goods companies operating globally. The company serves a variety of products including edible oils, hair care products, immunity boosters, skincare and male grooming products, to name a few. During the financial year 2020-21, Marico witnessed a turnover of about INR 80.5 billion through revenue generated by their products sold in the country and select markets in Africa and Asia.
Marico share is one of the most desired choices for investors interested in long term investments. However, it is salient to make wise decisions as stock investments are subject to market risk.
This blog will walk you through to better understand Marico’s share price target, history, NSE, and BSE. So that you can know what the company’s share price has in store for you.
Table of contents
- Marico Limited Company Information
- Marico Share Price History
- Marico Company Performance
- Marico Stock Returns in 2020 and 2021
- Management of Marico
- Marico Company Location
- Performance of Marico Share Price
- Marico Share Price NSE
- Marico Share Price BSE
- Marico Limited Stock Price Forecast for 2022
- Marico Listings and Indices
- Marico Forms a Part of the Following:
- Should You Invest in Marico?
- FAQ’s about Marico Share Price
Marico Limited Company Information
Marico Limited is an Indian business of consumer goods. The company is currently working in two segments: Consumer Services and Consumer Goods. The areas in which Marico Limited deals are beauty, health and wellness. It owns brands in health foods, hair care, fabric care, skincare, edible oils and male grooming. The consumer products are as follows:
- Parachute
- Saffola
- Nihar
- Hair & Care
- Shanti
- Manjal
- Oil of MalabarRevive
- Mediker
Marico has also built its international portfolio, including brands such as Aromatic, Black Chic, Fiancée, L’ovite, HariCode, Caivil, Code 10, Hercules and Camelia. The company presents skincare solutions under national and international markets with Kaya and Derma Rx. In 2012, the company acquired HPC (Halite Personal Care India Pvt. Ltd), which was a huge boost for the company.
Marico Share Price History
The performance data of Marico stocks price from 2017 to 2019, is mentioned in the table below:
Date | Price in INR | Open Price in INR | High Price in INR | Low Price in INR | Volume | Charge % |
November 2019 | ₹ 359.90 | ₹ 367.10 | ₹ 375.00 | ₹ 348.30 | 37.58M | -1.63% |
October 2019 | ₹ 365.85 | ₹ 394.00 | ₹ 400.90 | ₹ 362.25 | 41.26M | -7.20% |
September 2019 | ₹ 394.25 | ₹ 391.50 | ₹ 404.00 | ₹ 369.00 | 36.25M | 0.81% |
August 2019E | ₹ 391.10 | ₹ 366.65 | ₹ 401.75 | ₹ 350.40 | 50.23M | 6.62% |
July 2019 | ₹ 366.80 | ₹ 371.15 | ₹ 382.70 | ₹ 354.85 | 26.84M | -1.01% |
June 2019 | ₹ 370.55 | ₹ 374.00 | ₹ 380.45 | ₹ 360.60 | 22.57M | -0.38% |
May 2019 | ₹ 371.95 | ₹ 360.20 | ₹ 375.00 | ₹ 337.55 | 63.80M | 3.49% |
April 2019 | ₹ 359.40 | ₹ 347.35 | ₹ 369.30 | ₹ 344.45 | 31.06M | 3.68% |
March 2019 | ₹ 346.65 | ₹ 342.00 | ₹ 353.00 | ₹ 330.50 | 35.04M | 2.05% |
February 2019 | ₹ 339.70 | ₹ 367.50 | ₹ 384.65 | ₹ 324.25 | 35.18M | -7.38% |
January 2019 | ₹ 366.75 | ₹ 375.40 | ₹ 391.40 | ₹ 358.00 | 33.94M | -1.78% |
December 2018 | ₹ 373.40 | ₹ 358.00 | ₹ 396.60 | ₹ 344.45 | 34.16M | 4.67% |
November 2018 E | ₹ 356.75 | ₹ 324.70 | ₹ 369.25 | ₹ 317.60 | 39.52M | 11.03% |
October 2018 | ₹ 321.30 | ₹ 334.00 | ₹ 341.90 | ₹ 282.95 | 46.06M | -3.53% |
September 2018 | ₹ 333.05 | ₹ 373.10 | ₹ 374.70 | ₹ 320.00 | 32.80M | -9.85% |
August 2018 | ₹ 369.45 | ₹ 365.50 | ₹ 387.85 | ₹ 345.30 | 44.03M | 1.47% |
July 2018 | ₹ 364.10 | ₹ 331.65 | ₹ 374.75 | ₹ 330.00 | 44.82M | 9.78% |
June 2018 | ₹ 331.65 | ₹ 323.50 | ₹ 352.90 | ₹ 319.80 | 27.81M | 3.04% |
May 2018 | ₹ 321.85 | ₹ 333.00 | ₹ 347.80 | ₹ 304.55 | 42.51M | -3.22% |
April 2018 | ₹ 332.55 | ₹ 327.25 | ₹ 334.35 | ₹ 313.20 | 25.31M | 1.99% |
March 2018 | ₹ 326.05 | ₹ 308.25 | ₹ 333.80 | ₹ 299.55 | 25.29M | 5.81% |
February 2018 | ₹ 308.15 | ₹ 307.75 | ₹ 319.00 | ₹ 284.15 | 25.06M | -0.40% |
January 2018 | ₹ 309.40 | ₹ 322.50 | ₹ 328.00 | ₹ 304.40 | 20.36M | -4.06% |
December 2017 | ₹ 322.50 | ₹ 307.00 | ₹ 325.30 | ₹ 293.05 | 14.11M | 5.39% |
November 2017 | ₹ 306.00 | ₹ 317.00 | ₹ 318.20 | ₹ 288.25 | 20.82M | -2.93% |
October 2017 | ₹ 315.25 | ₹ 315.00 | ₹ 323.90 | ₹ 307.50 | 14.93M | 1.45% |
September 2017 | ₹ 310.75 | ₹ 315.90 | ₹ 348.70 | ₹ 307.40 | 24.08M | -1.49% |
August 2017 E | ₹ 315.45 | ₹ 334.70 | ₹ 337.85 | ₹ 309.70 | 39.17M | -5.75% |
July 2017 | ₹ 334.70 | ₹ 314.00 | ₹ 335.90 | ₹ 312.80 | 16.01M | 6.47% |
June 2017 | ₹ 314.35 | ₹ 313.75 | ₹ 326.05 | ₹ 304.50 | 19.82M | 0.11% |
May 2017 | ₹ 314.00 | ₹ 316.00 | ₹ 328.00 | ₹ 301.00 | 29.52M | -0.38% |
April 2017 | ₹ 315.20 | ₹ 296.45 | ₹ 325.30 | ₹ 293.05 | 19.71M | 6.90% |
March 2017 | ₹ 294.85 | ₹ 281.00 | ₹ 299.95 | ₹ 276.25 | 24.91M | 4.85% |
February 2017 | ₹ 281.20 | 257.10 | ₹ 282.80 | ₹ 252.55 | 29.36M | 9.31% |
January 2017 | ₹ 257.25 | 260.00 | ₹ 264.50 | ₹ 252.65 | 22.07M | -1.23% |
Summary of Marico Share Price History from Year 2017-19
- Highest Price in INR: 404
- Lowest Price in INR: 252.55
- Difference: 151.45
- Average: 336.06
- Change Percentage: 38.18
Marico Company Performance
The table below provides an insight into the companies overall performance between 2018-2022:
March 2022 | March 2021 | March 2020 | March 2019 | March 2018 | |
For 12 Months | For 12 Months | For 12 Months | For 12 Months | For 12 Months | |
INCOME: | |||||
Sales Turnover | 7500.00 | 6337.00 | 5853.00 | 5971.00 | 5181.32 |
Excise Duty | .00 | .00 | .00 | .00 | 10.91 |
NET SALES | 7500.00 | 6337.00 | 5853.00 | 5971.00 | 5170.41 |
Other Income | 357.0000 | 346.0000 | 306.0000 | 301.0000 | 217.2200 |
TOTAL INCOME | 7857.00 | 6683.00 | 6159.00 | 6272.00 | 5387.63 |
EXPENDITURE: | |||||
Manufacturing Expenses | .00 | 22.00 | 33.00 | 33.00 | 30.22 |
Material Consumed | 4691.00 | 3688.00 | 3224.00 | 3489.00 | 2886.38 |
Personal Expenses | 372.00 | 374.00 | 308.00 | 307.00 | 274.27 |
Selling Expenses | 467.00 | 416.00 | 502.00 | 482.00 | 437.44 |
Administrative Expenses | 787.00 | 683.00 | 666.00 | 650.00 | 627.14 |
Expenses Capitalised | .00 | .00 | .00 | .00 | .00 |
Provisions Made | .00 | .00 | .00 | .00 | .00 |
TOTAL EXPENDITURE | 6317.00 | 5183.00 | 4733.00 | 4961.00 | 4255.45 |
Operating Profit | 1183.00 | 1154.00 | 1120.00 | 1010.00 | 914.96 |
EBITDA | 1540.00 | 1500.00 | 1426.00 | 1311.00 | 1132.18 |
Depreciation | 97.00 | 107.00 | 113.00 | 104.00 | 66.90 |
Other Write-offs | .00 | .00 | .00 | .00 | .00 |
EBIT | 1443.00 | 1393.00 | 1313.00 | 1207.00 | 1065.28 |
Interest | 30.00 | 22.00 | 33.00 | 24.00 | 7.55 |
EBT | 1413.00 | 1371.00 | 1280.00 | 1183.00 | 1057.73 |
Taxes | 250.00 | 205.00 | 254.00 | 54.00 | 235.50 |
Profit and Loss for the Year | 1163.00 | 1166.00 | 1026.00 | 1129.00 | 822.23 |
Non Recurring Items | .00 | -59.00 | -20.00 | -1.00 | -104.48 |
Other Non Cash Adjustments | .00 | .00 | .00 | .00 | .00 |
Other Adjustments | .00 | -1.00 | 1.00 | 1.00 | .48 |
REPORTED PAT | 1163.00 | 1106.00 | 1007.00 | 1129.00 | 718.23 |
KEY ITEMS | |||||
Preference Dividend | .00 | .00 | .00 | .00 | .00 |
Equity Dividend | .00 | 968.00 | 998.40 | 516.00 | 635.84 |
Equity Dividend (%) | .00 | 750.39 | 773.95 | 400.00 | 492.56 |
Shares in Issue (Lakhs) | 12900.00 | 12913.50 | 12910.18 | 12908.64 | 12908.64 |
EPS – Annualised (Rs) | 9.02 | 8.56 | 7.80 | 8.75 | 5.56 |
Marico Stock Returns in 2020 and 2021
The below-mentioned table shows the performance of Marico share price in the year 2020 and 2021:
Date | Price in INR | Open Price in INR | High Price in INR | Low Price in INR | Volume | Change % |
December 2021 | ₹ 512.65 | ₹ 538.00 | ₹ 538.50 | ₹ 488.55 | 25.00M | -4.77% |
November 2021 | ₹ 538.35 | ₹ 571.00 | ₹ 577.40 | ₹ 526.50 | 31.59M | -5.30% |
October 2021 | ₹ 568.45 | ₹ 545.00 | ₹ 607.70 | ₹ 541.05 | 43.91M | 3.83% |
September 2021 | ₹ 547.50 | ₹ 549.35 | ₹ 587.35 | ₹ 541.00 | 61.32M | 0.56% |
August 2021 | ₹ 544.45 | ₹ 550.00 | ₹ 552.15 | ₹ 511.00 | 58.00M | -0.41% |
July 2021 | ₹ 546.70 | ₹ 532.00 | ₹ 553.20 | ₹ 517.65 | 45.78M | 3.00% |
June 2021 | ₹ 530.80 | ₹ 475.50 | ₹ 543.80 | ₹ 474.00 | 52.13M | 11.70% |
May 2021 | ₹ 475.20 | ₹ 420.05 | ₹ 487.60 | ₹ 416.10 | 80.21M | 15.49% |
April 2021 | ₹ 411.45 | ₹ 411.30 | ₹ 427.60 | ₹ 399.00 | 31.62M | 0.04% |
March 2021 | ₹ 411.30 | ₹ 400.90 | ₹ 412.45 | ₹ 379.10 | 39.04M | 3.46% |
February 2021 | ₹ 397.55 | ₹ 416.90 | ₹ 433.95 | ₹ 390.70 | 51.67M | -4.34% |
January 2021 | ₹ 415.60 | ₹ 403.60 | ₹ 432.50 | ₹ 401.80 | 53.80M | 3.22% |
December 2020 | ₹ 402.65 | ₹ 370.95 | ₹ 420.80 | ₹ 362.50 | 62.23M | 9.51% |
November 2020 | ₹ 367.70 | ₹ 359.90 | ₹ 389.75 | ₹ 357.10 | 63.09M | 3.10% |
Oct 2020 | ₹ 356.65 | ₹ 363.00 | ₹ 379.45 | ₹ 345.75 | 83.45M | -1.75% |
Sep 2020 | ₹ 363.00 | ₹ 368.90 | ₹ 382.80 | ₹ 333.00 | 55.27M | -1.60% |
Aug 2020 | ₹ 368.90 | ₹ 363.40 | ₹ 380.70 | ₹ 361.10 | 53.20M | 1.50% |
Jul 2020 | ₹ 363.45 | ₹ 355.00 | ₹ 368.90 | ₹ 338.75 | 69.27M | 3.28% |
Jun 2020 | ₹ 351.90 | ₹ 345.50 | ₹ 354.65 | ₹ 315.00 | 65.12M | 2.36% |
May 2020 | ₹ 343.80 | ₹ 280.95 | ₹ 349.50 | ₹ 277.10 | 87.79M | 19.79% |
Apr 2020 | ₹ 287.00 | ₹ 277.05 | ₹ 315.55 | ₹ 257.00 | 73.78M | 4.42% |
Mar 2020 | ₹ 274.85 | ₹ 302.00 | ₹ 311.40 | ₹ 234.00 | 77.03M | -8.00% |
Feb 2020 | ₹ 298.75 | ₹ 316.00 | ₹ 321.00 | ₹ 292.15 | 63.86M | -5.26% |
Jan 2020 | ₹ 315.35 | ₹ 341.85 | ₹ 353.95 | ₹ 313.00 | 42.79M | -7.68% |
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Management of Marico
With its headquarters based in Mumbai, India and its presence in over 25 countries across Asia and Africa, the company has created a mark within the consumer products industry. The management and key figures behind the company are mentioned below:
Designation | Name |
Exe. VP & Head of Business | Amit Bhasin |
Chief Human Resource Officer | Amit Prakash |
Independent Director | Ananth Sankaranarayanan |
Managing Director and Chief Executive Officer | Saugata Gupta |
Independent Director | BS Nagesh |
Chairman & Non-Exe.Director | Harsh Mariwala |
Independent Director | Hema Ravichandar |
Co. Secretary & Compl. Officer | Hemangi Ghag |
Chief Operating Officer | Jitendra Mahajan |
Chief Marketing Officer | Koshy George |
Independent Director | Milind Barve |
Independent Director | Nikhil Khattau |
Chief Financial Officer | Pawan Agrawal |
Chief Executive Officer | Ashish Goupal |
Non Executive Director | Rajendra Mariwala |
Non Executive Director | Rishabh Mariwala |
Chief Operating Officer | Sanjay Mishra |
Managing Director & CEO | Saugata Gupta |
Chief Technology Officer | Sudhakar Mhaskar |
Marico Company Location
Registered address of Marico is mentioned below:
7th Floor, Grande Palladium, 175, CST Road, Kalina
City: Mumbai
State: Maharashtra
Pincode: 400098
Mail ID: investor@marico[dot]com
Website: http://marico[dot]com
Marico Share Price as on 23/05/2022
- Market Cap – INR 68,254 crore
- P/E ratio (TTM) – 55.64
- P/B Ratio – 20.39
- Industry P/E – 20.62
- Debt to Equity – 0.14
- ROE –37.19%
- EPS (TTM) – 9.50
- Dividend Yield –1.75%
- Book Value – 25.93
- Face Value – 1
Performance of Marico Share Price
Open Price INR | Previous Close INR | Volume | Value in INR |
533.80 | 528.55 | 15,01,546 | INR 79.83 Crore |
Note: The above data of Marico share price today is mentioned as per the data available on 23rd May 2022
Marico Share Price NSE
Live Marico Share Price NSE – ₹ 530.25
Previous Close – ₹ 528.55
Opening Price – ₹ 533.80
High – ₹ 539.90
Low – ₹ 528.55
Marico Share Price BSE
Live BSE Share Price BSE – ₹ 531.40
Previous Close – ₹ 528.35
Opening Price – ₹ 539.00
High – ₹ 539.65
Low – ₹ 529.00
Marico Limited Stock Price Forecast for 2022
Marico share price forecast is subject to market change in accordance with the performance of the stocks. The below-tabulated data features the Marico share price forecast on the basis of May 2022 data.
Date | Opening Price in INR | Closing Price in INR | Minimum Price in INR | Maximum Price in INR | Change % |
June 2022 | 528.963 | 542.878 | 528.963 | 542.878 | 2.56 % ▲ |
July 2022 | 543.242 | 554.382 | 543.242 | 554.382 | 2.01 % ▲ |
August 2022 | 555.864 | 561.276 | 555.834 | 561.319 | 0.96 % ▲ |
September 2022 | 561.702 | 563.119 | 561.702 | 563.788 | 0.25 % ▲ |
October 2022 | 563.568 | 568.716 | 563.255 | 568.716 | 0.91 % ▲ |
November 2022 | 568.389 | 575.890 | 568.389 | 575.890 | 1.3 % ▲ |
December 2022 | 576.349 | 565.164 | 565.164 | 576.825 | -1.98 %▼ |
Marico Listings and Indices
Important Dates
Incorporation – Date 13/10/1988
Public Issue – Date 21/03/1996
Year Ending – Month March
AGM Month – August
Listing Information
Face Value: 1.0
Market Lot Of Equity Shares: 1
BSE Code: 531642
BSE Group -A
Marico Forms a Part of the Following:
- Nifty 100
- Nifty 100 Low Volatility 30
- Nifty 200
- Nifty 500
- NIFTY 500 Multicap 50:25:25 Index
- Nifty Alpha Low Volatility 30
- Nifty FMCG
- Nifty India Consumption
- Nifty LargeMidcap 250
- Nifty Low Volatility 50
- Nifty Next 50
- Nifty Total Market
- Nifty100 Equal-Weight
- NIFTY100 Quality 30
- NIFTY200 Quality 30
- S&P BSE 100
- S&P BSE 100 ESG Index
- S&P BSE 100 LargeCap TMC Index
- S&P BSE 200
- S&P BSE 250 LargeMidCap Index
- S&P BSE 500
- S&P BSE AllCap
- S&P BSE Carbonex
- S&P BSE Dividend Stability Index
- S&P BSE Dollex – 200
- S&P BSE Fast Moving Consumer Goods
- S&P BSE LargeCap
- S&P BSE LargeMidCap
- S&P BSE Low Volatility
- S&P BSE Quality
- S&P BSE SENSEX Next 50
Listed On:
Cochin Stock Exchange Ltd
MCX Stock Exchange
National Stock Exchange of India Ltd
Over The Counter Exchange Of India Ltd
The Mumbai Stock Exchange
Should You Invest in Marico?
Investment is subject to market risk. One should do all the required research before making a related financial decision. Marico is growing exponentially and is expected to post a 9% growth in revenue, led by 26.5% and 4.6% in international and domestic business, respectively. However, not every segment of Marico is about to witness growth as expected. The brand, Parachute may witness small degrowth, whereas Vaho is very likely to witness a low single-digit value. Furthermore, Saffola is showing a good ROI as it has seen strong growth due to sharp price hikes taken last year to pass on steep inflation in vegetable oil.
FAQ’s about Marico Share Price
Q1. Is Marico a good buy?
Yes, Marico is good to buy as the company is witnessing growth at an exponential rate. The revenue is expected to grow at 9%, leading by a further 26.5% and 4.6% in international and domestic markets, respectively.
Q2. Is Marico debt free?
Yes, Marico is virtually debt-free. It has achieved a growth in profits of 15.49% and maintained a healthy ROE of 34.74% over the past three years.
Q3. What is the future of Marico's share?
Marico is expected to witness a 13-15% revenue growth in the medium term, backed by an 8 to 10% rise in volume. The company will also continue to invest in brand building to propel its growth further.
Q4. Does Marico give dividends?
Yes, for the year ending March 2022, Marico has declared an equity dividend of 925%, amounting to INR 9.25 per share. The company has a decent track report and has consistently declared dividends for the last five years.