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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's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.
Financial Ratios:
| currentRatio | 1.310000 |
|---|---|
| forwardPE | 43.754513 |
| debtToEquity | 12.394000 |
| earningsGrowth | 0.145000 |
| revenueGrowth | 0.221000 |
| grossMargins | 0.444640 |
| operatingMargins | 0.138310 |
| trailingEps | 13.630000 |
| forwardEps | 18.889480 |
Marico Limited's current ratio of 1.31 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. Marico Limited's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.
Marico Limited's low Debt-to-Equity ratio means the company is not highly leveraged. This suggests a sound financial position with minimal reliance on debt, reducing risk and ensuring greater financial flexibility, making it a more stable option for investors.
Marico Limited's positive earnings and revenue growth signal that the company is expected to expand its business. The company's increasing profits and sales reflect strong financial health, suggesting continued growth and success in the coming periods.
MARICO's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.
Price projections:
Throughout its recent performance, MARICO's price has been consistently close to the lower range of projected values. This suggests that the company may face challenges in achieving higher valuations in the eyes of investors.
Recommendation changes over time:
Analysts' buy bias toward Marico Limited suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, Marico Limited is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.
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