NSE/MARICO

MARICOMarico Ltd

Consumer Goods · NSE

₹757.3+1.73%

52-wk low52-WEEK RANGE52-wk high

₹686.85+10.3% from low ·-6.5% from high₹810.35

Price chart · 1M–10Y · daily-close

NSE bhavcopy + 10Y historical

MARICO+9.21% · 1Y

Range high ₹813.5Range low ₹675.5Latest ₹757.3252 bars · daily-close · NSE bhavcopy + 10Y history

Consumer GoodsLargecap

Stock scorecard

Auto-computed from latest ratios + sector context · not a buy/sell signal

Composite50/100

Performance

—

Not enough price history to score.

Valuation

High

Looks expensive vs the sector.

· P/E 57.3 — 26% above sector median 45.4
· P/B 24.30 above sector median

Growth

Medium

Steady but not standout growth.

· Revenue YoY +12.2%

Profitability

High

Showing good signs of profitability & efficiency.

· Net margin 15.0% — strong pricing power

DVM composite · Durability · Valuation · Momentum

Trendlyne-style 3-axis composite · all drivers shown below · not a buy/sell signal

CompositeC(57/100)

Durability

A+

90/100

Financially resilient — strong quality + solvency profile.

Show 3 drivers

Piotroski F-score6/8 (75pt)
Altman Z" score5.48 (100pt)
Debt/Equity0.14 (100pt)

Valuation

24/100

Richly valued on most axes; limited margin of safety.

Show 4 drivers

P/E vs sector (57.3 / 45.4)126% (44pt)
P/B24.30 (3pt)
Dividend yield1.39% (35pt)
EV/EBITDA44.1 (0pt)

Momentum

56/100

Constructive setup — momentum building, not extended.

Show 4 drivers

DMA-trend alignmentsideways (50pt)
RSI (14)51.2 (60pt)
Price vs 200-DMA+2.8% (50pt)
MACD regimebullish (75pt)

Valuation positioning

Current ratio vs sector peer distribution

P/E (TTM)57.32

OVERVALUED

CheapestP/E 57.3 at 85th %ile — pricier than 85% of peers.Most expensive

P/B24.30

OVERVALUED

CheapestP/B 24.30 at 75th %ile of sector.Most expensive

EV/EBITDA44.13

OVERVALUED

Monthly seasonality

Avg monthly return over 10 years · historical — not a forecast

Best: May +5.89% · Worst: Jan -2.14%

Jan

-2.1%

20% win

Feb

-0.6%

30% win

Mar

-0.2%

40% win

Apr

+4.3%

100% win

May

+5.9%

70% win

Jun

+1.4%

Monthly return distribution

Distribution of 120 monthly returns

Mean

+1.05%

Median

+0.81%

Std dev

5.58%

Best

+19.8%

Worst

-10.4%

% positive

56%

SWOT analysis

Auto-derived from ratios + sector context + forensics · research only, not a recommendation

STRENGTHS · 3

Lean balance sheet (D/E 0.14)
Low leverage means earnings are less sensitive to rate cycles
Strong net margin (15.0%)
High margin indicates pricing power + operating efficiency
Bankruptcy risk low (Altman Z″ 5.48)
Z″ above 2.60 sits squarely in the 'safe' zone

WEAKNESSES · 1

Premium to sector on P/E (+26%)
P/E 57.3 vs Consumer Goods median 45.4

OPPORTUNITIES · 0

No strong near-term catalysts visible

THREATS · 0

No immediate threats from the data

RETURNS · DAILY-CLOSE BASED

3Y+ shown as CAGR

+1.7%

-0.8%

+0.7%

-0.2%

+7.9%

+11.7%

+15.8%

+13.2%

10Y

+11.6%

Fundamentals

VALUATION

Market cap

₹98,411 Cr

P/E (TTM)

57.3

P/E (fwd)

—

next 12m

P/B

24.30

EV/EBITDA

44.1

Book value

—

per share

PROFITABILITY · QUALITY

ROE

—

ROCE

—

Net margin

15.0%

Op margin

—

Gross margin

—

D/E

0.14

GROWTH · MARKET

Rev YoY

+12.2%

Profit YoY

+10.0%

Div yield

1.39%

Payout

—

52w change

—

Beta

—

Pros and cons

Auto-derived from ratios · not a buy/sell recommendation

PROS · 1

+Nearly debt-free (D/E 0.14)Low financial risk — funds growth from internal accruals, resilient in downturns

CONS · 1

−Trades at a premium to sector on P/EP/E 57.3 vs Consumer Goods median 45.4 — priced for more growth than peers

Sector-relative context

Consumer Goods · 20 peers

P/E (TTM)

This stock

57.32

Sector median

45.41

Rank 17/20 (20th %ile)

ROE

This stock

—

Sector median

18.8%

—

P/B

This stock

24.30

Sector median

8.55

Rank 15/20 (30th %ile)

Quality score · Piotroski F-score

6 / 8

Decent quality — clears Piotroski bar

✓Profitable (positive net income)· Most basic check — company makes money
✓Positive return on assets· Assets generate returns
✓Positive operating cash flow· Profits are backed by real cash, not accruals
✗Operating CF exceeds net profit· Healthy cash conversion — no aggressive revenue recognition
✓Long-term debt decreased YoY· Deleveraging — lower refinancing risk
✓ROA improved YoY· Getting more productive with the asset base
✗Operating margin expanded YoY· Pricing power or cost discipline
✓

Forensic score · Altman Z″ (emerging markets)

Bankruptcy-risk predictor · 1995 Altman emerging-market revision

SAFE5.48

Z″ = 5.48 — well inside the SAFE zone. Low bankruptcy risk signal across liquidity, profitability and solvency inputs.

Component	Ratio	Weight	Contribution
Working Capital / Total Assets (A)	0.100	×6.56	0.656
Retained Earnings / Total Assets (B)	0.531	×3.26	1.731
EBIT / Total Assets (C)	0.266	×6.72	1.790
Book Equity / Total Liabilities (D)	1.238	×1.05	1.300

Zones: Z″ ≥ 2.60 safe · 1.10–2.60 grey · < 1.10 distress. Working capital proxied from reported cash + 10% buffer (exact 'current assets − current liabilities' line not ingested). Treat as directional.

Quarterly results

Last 6 quarters · ₹ Cr (Screener.in-grade depth)

Metric	2024-Q3	2024-Q4	2025-Q1	2025-Q2	2025-Q3	2025-Q4
Revenue	—	2,794	2,632	3,259	3,482	3,537
Operating profit	—	489	409	610	513	542
OPM %	—	17.5%	15.5%	18.7%	14.7%	15.3%

Annual P&L

Last 4 years · ₹ Cr · all line items

Metric	2022-FY	2023-FY	2024-FY	2025-FY
Revenue	9,452	9,689	9,573	10,733
Operating profit	1,541	1,656	1,868	1,964
OPM %	16.3%	17.1%	19.5%	18.3%
Interest	19	32	48	35

Peer	Last close	1Y change	Mcap ₹Cr	P/E	P/B	ROE	D/E	Rev YoY
MARICOTHIS Marico Limited	₹757.3	+8.9%	98,411	57.3	24.30	—	0.14	+12.2%
HINDUNILVR Hindustan Unilever Limited	₹2,240.8	-4.7%	5,24,387	51.9	10.76	20.7%	0.04	+3.9%
ITC ITC Limited	₹306.8	-27.4%	3,82,149	18.8	5.38	28.7%	0.01	+6.7%
NESTLEIND Nestle India Limited	₹1,285.6	-46.4%	2,48,058	75.8	55.94	73.8%	0.11	+18.6%
ASIANPAINT Asian Paints Limited	₹2,464	+0.8%	2,41,259	62.7	12.32	19.6%	0.18	+3.7%
BRITANNIA Britannia Industries Limited	₹5,735.5	+6.3%	1,37,295	56.8	36.77	64.8%	0.58	+8.2%
GODREJCP Godrej Consumer Products Limited	₹1,109.4	-8.6%	1,13,048	61.9	9.29	15.0%	0.34	+8.8%
DABUR Dabur India Limited	₹442.85	-6.9%	78,344	42.4	7.15	16.9%	0.12	+6.1%
COLPAL Colgate Palmolive (India) Limited	₹2,106	-17.2%	57,906	43.6	36.60	84.0%	0.04	+1.7%

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Research tool · not investment advice.

Axel Markets is an information + analytics product. We are not a SEBI-registered Research Analyst (RA) or Investment Adviser (IA). Nothing on this page is a buy, sell, or hold recommendation. Past performance is not indicative of future returns. Verify all data against the authoritative source (NSE, BSE, AMFI, SEBI, company RHP / factsheet) before acting. Daily OHLCV sourced primarily from our NSE bhavcopy ingest (public sec_bhavdata_full CSV), with Stooq as a fallback for historical gaps. Split + bonus adjusted. Excludes dividends. Not a recommendation. Past performance does not predict future returns. For authoritative live quotes see NSE / BSE directly.

Quarter	EPS estimate	EPS actual	Surprise %
-1q	3.41	3.44	+0.8%
-2q	3.36	3.24	-3.7%
-3q	3.76	3.89	+3.5%
-4q	2.62	2.65	+1.1%

Date	Amount
2025-08-01	₹7.00
2025-02-07	₹3.50
2024-03-06	₹6.50
2023-11-07	₹3.00
2023-03-08	₹4.50
2022-02-04	₹6.25
2021-11-08	₹3.00
2021-03-10	₹4.50
2020-11-05	₹3.00
2020-03-16	₹0.75
2020-02-06	₹3.25
2019-11-04	₹2.75
2019-02-12	₹2.75
2018-11-12	₹2.00
2018-02-16	₹2.50
2017-11-06	₹1.75
2017-02-09	₹2.00
2016-11-16	₹1.50

Metric	2022-FY	2023-FY	2024-FY	2025-FY
Equity capital	129	129	129	129
Reserves	3,072	3,526	3,561	3,699
Borrowings	479	608	528	554
Total liabilities	5,786	6,946	7,421	8,338
Fixed assets	832	901	968	1,007
CWIP	54	94	59	66
Investments	189	484	425	219
Other assets	30	1	40	-4
Total assets	5,786	6,946	7,421	8,338

Metric	2022-FY	2023-FY	2024-FY	2025-FY
CF Operating	1,016	1,419	1,387	1,363
CF Investing	425	-865	176	-621
CF Financing	-1,290	-560	-1,542	-649
Net cash flow	167	-69	21	93
Free cash flow	884	1,237	1,234	1,202

Metric	2025-FY	2024-FY	2023-FY	2022-FY
OPM %	18.3%	19.5%	17.1%	16.3%
Net margin %	15.2%	15.5%	13.4%	13.0%
ROE %	43.3%	40.3%	38.0%	38.3%
ROCE %	50.0%	46.8%	44.7%	44.0%
Debt / Equity	0.14	0.14	0.17	0.15
Interest coverage	61.5×	41.4×	55.5×	85.3×
Revenue growth YoY	+12.1%	-1.2%	+2.5%	—
Profit growth YoY	+10.0%	+13.7%	+6.3%	—

MARICOMarico Ltd

Price chart · 1M–10Y · daily-close

Stock scorecard

DVM composite · Durability · Valuation · Momentum

Valuation positioning

Monthly seasonality

Monthly return distribution

SWOT analysis

Fundamentals

Pros and cons

Sector-relative context

Quality score · Piotroski F-score

Forensic score · Altman Z″ (emerging markets)

Quarterly results

Annual P&L

Peer comparison · Consumer Goods

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Technical snapshot

Earnings history + surprises

Dividends + splits history

Recent news

Stock scorecard

SWOT analysis

DVM composite · Durability · Valuation · Momentum

Valuation positioning

Monthly seasonality

Monthly return distribution

Fundamentals

Pros and cons

Sector-relative context

Quality score · Piotroski F-score

Forensic score · Altman Z″ (emerging markets)

Quarterly results

Annual P&L

Balance sheet

Cash flow statement

Ratios

Peer comparison · Consumer Goods