Marico share price
NSE: MARICOBSE: 531642Agricultural Food & other ProductsMid Cap
Share price at the NSE close on 29 Oct 2026. Previous close ₹769.65.
29 Oct: open ₹769.00, high ₹804.75, low ₹764.70
- Next results date: the board meets on 2 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹1,04,393 Cr110th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 55.29
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 24.80
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.50%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 46.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 47.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.08
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 33,93,73661.7% delivered
About Marico
Marico Limited makes and sells branded consumer products: coconut oil, edible oils, hair oils, hair conditioners, male grooming products and packaged foods.12 Its brands in India include Parachute, Saffola, Nihar Naturals, Livon and Set Wet, and it also sells in Bangladesh, Vietnam, the Middle East, Egypt and South Africa.345
It was incorporated in 1988 and is headquartered in Mumbai.62 Outside India its brands include Parachute Advansed, HairCode, Fiancée, Purité de Prôvence, Ôliv, Black Chic, X-Men and Thuan Phat.3 Its digital-first portfolio (brands built to sell mainly online) comprises Beardo, Just Herbs and the personal care range of Plix.7 Its products reach about 5.8 million retail outlets through more than 10,200 distributors and stockists, covering more than 60,000 villages and almost every Indian town with over 5,000 people.18 It took full ownership of HW Wellness Solutions, owner of the True Elements brand, in 2025.9
Marico's promoters and promoter group held 58.93% of the shares on 31 Mar 2026.10 Harsh Mariwala is chairman and Saugata Gupta is managing director and chief executive officer.11 Marico Bangladesh Limited, its one material subsidiary (a subsidiary large enough relative to the group for stock exchange rules to single it out), is 90% owned.1213
Marico key points
Results
- In the year to Mar 2026, consolidated revenue from operations rose 26% to ₹13,611 crore, the highest growth in 14 years, the company says.14
- Operating profit, which the company also reports as EBITDA (earnings before interest, tax, depreciation and amortisation), rose 9% to ₹2,328 crore; the operating margin fell about 265 basis points (hundredths of a percentage point) to 17.1%.1516
- Recurring consolidated net profit after tax and minority interest (profit for Marico's shareholders, excluding one-off gains of the earlier year) rose 11% to ₹1,762 crore; reported profit, also ₹1,762 crore, rose 8%.17
- In its exchange filing of 2 Jul 2026, the company said it expected consolidated revenue for the quarter to Jun 2026 to grow in the early twenties percent, with double-digit underlying volume growth (growth in quantity sold) in India.18
Market position
- Parachute Coconut Oil's volume market share rose to about 57% in the year to Mar 2026, while reported volumes of Parachute Rigids (blue bottle packs) fell nearly 2%.19
- Value-Added Hair Oils revenue grew 20% in the year to Mar 2026, and their value market share (share of sales in rupees) rose about 100 basis points to about 29%.20
- Marico says it has the largest or second-largest market share in categories making up more than 95% of its India business.21
Business segments
- India (76% of revenue). Revenue rose 28% to ₹10,348 crore in the year to Mar 2026, with underlying volume growth of 8%, the highest in 7 years; the operating margin was 17.1%, against 20.2% a year earlier.222324
- International (24% of revenue). Revenue rose 20% to ₹3,263 crore in the year to Mar 2026, and 20% in constant currency (exchange-rate changes removed), a 14-year high; the operating margin was 25.9%, against 27.9% a year earlier.252627
Revenue mix
- Foods and premium personal care, including digital-first brands, made up about 23% of India revenue in the year to Mar 2026. The foods business passed ₹1,000 crore of revenue.2829
- The digital-first portfolio ended the year to Mar 2026 with an annualised revenue run-rate (yearly revenue at the current pace) of more than ₹1,100 crore.30
- Quick commerce (delivery within minutes) made up about 5% of the India business, and digital channels including e-commerce and direct-to-consumer more than 20%.31
Where revenue comes from
- Customers in Bangladesh brought in ₹1,474 crore of revenue in the year to Mar 2026, against ₹1,065 crore a year earlier. Bangladesh was about 45% of international revenue.3233
- Constant currency growth by market343536
Item year to Mar 2026 Bangladesh 25% Middle East and North Africa 18% Vietnam 12% South Africa 7% New countries and exports 39%
Plants and capacity
- Marico has 6 manufacturing facilities in India (at Perundurai, Sanand, Puducherry and Jalgaon, and 2 at Guwahati) and 8 outside India.3738
- Puducherry and Perundurai make coconut oils, Sanand makes hair oils, creams, gels, serums, shampoo and oats, and Jalgaon makes edible oils and instant noodles.39
- Marico's capital spending was ₹319 crore in the year to Mar 2026, covering capacity expansion and upkeep of existing facilities.40
What the company expects
- In its exchange filing of 5 Oct 2026, the company said it expects consolidated revenue for the quarter to Sep 2026 to grow in double digits and operating profit in the mid-twenties percent, and that it is likely to surpass its near-term guidance.41
- The company said at its annual general meeting of 6 Aug 2026 that it aims for double-digit revenue growth and high-teen EBITDA growth in the year to Mar 2027, taking consolidated revenue past ₹15,000 crore.4243
- The company said at the same meeting that it aims for ₹20,000 crore of revenue by the year to Mar 2030 under its Vision 2030 plan, with EBITDA growing at a mid-teens compound annual rate.4445
- The company said at the same meeting that it expects foods and premium personal care to reach about 27% of India revenue in the year to Mar 2027 and about 33% by the year to Mar 2030.4647
Recent events
- On 5 Oct 2026 Marico raised its stake in Satiya Nutraceuticals, owner of the Plix brand, from 60% to 84.09% for ₹1,012.03 crore; it said the remaining 14.09% is to be bought in July 2027, subject to the terms of the definitive agreements.4849
- On 2 Apr 2026 a wholly owned Marico subsidiary bought 75% of Skinetiq Joint Stock Company in Vietnam, owner of the Candid skin care brand, for ₹262 crore.5051
- On 5 Feb 2026 Marico bought 60% of Cosmix Wellness, owner of the digital-first plant-based nutrition brand Cosmix, for ₹226 crore.52
- On 29 Jan 2026 Marico bought 93.27% of Zea Maize, owner of the 4700BC premium snacking brand, for ₹227 crore, and later raised its stake to 94.02%.53
Last updated
All 53 sources, each with its page
- 1. Annual report, 9 Jul 2026, page 144
- 2. Annual report, 9 Jul 2026, page 209
- 3. Annual report, 9 Jul 2026, page 209
- 4. Annual report, 9 Jul 2026, page 46
- 5. Annual report, 9 Jul 2026, page 57
- 6. Annual report, 9 Jul 2026, page 2
- 7. Annual report, 9 Jul 2026, page 134
- 8. Annual report, 9 Jul 2026, page 39
- 9. Annual report, 9 Jul 2026, page 168
- 10. Annual report, 9 Jul 2026, page 193
- 11. Annual report, 9 Jul 2026, page 194
- 12. Annual report, 9 Jul 2026, page 168
- 13. Earnings call, 6 Aug 2026, page 25
- 14. Annual report, 9 Jul 2026, page 133
- 15. Annual report, 9 Jul 2026, page 133
- 16. Annual report, 9 Jul 2026, page 39
- 17. Annual report, 9 Jul 2026, page 133
- 18. Exchange filing, 2 Jul 2026, page 2
- 19. Annual report, 9 Jul 2026, page 133
- 20. Annual report, 9 Jul 2026, page 133
- 21. Earnings call, 6 Aug 2026, page 21
- 22. Annual report, 9 Jul 2026, page 133
- 23. Annual report, 9 Jul 2026, page 168
- 24. Annual report, 9 Jul 2026, page 47
- 25. Annual report, 9 Jul 2026, page 134
- 26. Annual report, 9 Jul 2026, page 168
- 27. Annual report, 9 Jul 2026, page 133
- 28. Annual report, 9 Jul 2026, page 135
- 29. Earnings call, 6 Aug 2026, page 6
- 30. Earnings call, 6 Aug 2026, page 6
- 31. Annual report, 9 Jul 2026, page 134
- 32. Annual report, 9 Jul 2026, page 235
- 33. Annual report, 9 Jul 2026, page 135
- 34. Annual report, 9 Jul 2026, page 134
- 35. Annual report, 9 Jul 2026, page 134
- 36. Annual report, 9 Jul 2026, page 134
- 37. Annual report, 9 Jul 2026, page 39
- 38. Annual report, 9 Jul 2026, page 193
- 39. Annual report, 9 Jul 2026, page 163
- 40. Earnings call, 6 Aug 2026, page 24
- 41. Exchange filing, 5 Oct 2026, page 2
- 42. Earnings call, 6 Aug 2026, page 21
- 43. Earnings call, 6 Aug 2026, page 23
- 44. Earnings call, 6 Aug 2026, page 22
- 45. Annual report, 9 Jul 2026, page 135
- 46. Earnings call, 6 Aug 2026, page 23
- 47. Annual report, 9 Jul 2026, page 135
- 48. Exchange filing, 5 Oct 2026, page 1
- 49. Exchange filing, 5 Oct 2026, page 2
- 50. Annual report, 9 Jul 2026, page 244
- 51. Exchange filing, 2 Apr 2026, page 1
- 52. Annual report, 9 Jul 2026, page 244
- 53. Annual report, 9 Jul 2026, page 243
Results
Consolidated; ₹ crore.Marico quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +25.0%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +13.1%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹3,957 Crup 18.72%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹652 Crup 59.80%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 16.5%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,664 | 2,794 | 2,730 | 3,259 | 3,482 | 3,537 | 3,333 | 3,957 |
| Net profit | 433 | 406 | 345 | 513 | 432 | 460 | 408 | 652 |
| Net margin | 16.3% | 14.5% | 12.6% | 15.7% | 12.4% | 13.0% | 12.2% | 16.5% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹13,611 Crup 25.67%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,813 Crup 9.35%
- Net margin
- 13.3%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,936 | 6,333 | 7,334 | 7,315 | 8,048 | 9,512 | 9,764 | 9,653 | 10,831 | 13,611 |
| Net profit | 811 | 827 | 1,135 | 1,043 | 1,199 | 1,255 | 1,322 | 1,502 | 1,658 | 1,813 |
| Net margin | 13.7% | 13.1% | 15.5% | 14.3% | 14.9% | 13.2% | 13.5% | 15.6% | 15.3% | 13.3% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- IndiaIndia, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹10,348 Crup 27.60%76.0%
- InternationalInternational, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,263 Crup 19.92%24.0%
Valuation
Today, against the company's own history.Marico PE ratio and valuation
At or below today's level on 74% of 2,479 trading days over the last 10 years.
At or below today's level on 94% of 1,980 trading days since Nov 2018.
At or below today's level on 4% of 2,458 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +13.5% | +8.2% | +4.4% | 0.5% |
| 3 years | +16.7% | +10.6% | +4.3% | 1.4% |
| 5 years | +13.7% | +8.4% | +3.6% | 1.4% |
Mutual fund holdings
280 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 138 of the 166 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.All 280 funds holding Marico
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 3
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 5
- AddedAdded. Funds that held more shares than at the end of the month before.
- 105
- CutCut. Funds that held fewer shares than at the end of the month before.
- 61
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 104
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 7
| Fund | |||
|---|---|---|---|
| 3,06,76,407 | 2.37% | ₹2,411.2 Cr | |
| 67,50,608 | 1.58% | ₹530.6 Cr | |
| 48,00,948 | 2.07% | ₹377.4 Cr | |
| 47,01,724 | 1.92% | ₹369.6 Cr | |
| 33,00,000 | 1.87% | ₹259.4 Cr | |
| 32,97,600 | 0.34% | ₹259.2 Cr | |
| 30,04,000 | 1.05% | ₹236.1 Cr | |
| 26,13,979 | 0.68% | ₹205.5 Cr | |
| 19,00,000 | 2.55% | ₹149.3 Cr | |
| 18,30,000 | 0.57% | ₹143.8 Cr |
Promoter and insider buying and selling
Trades made since 30 Oct 2025.Marico insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade
- Others: no market trade
Marico competitors and peers
Edible Oil, 35 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Marico in market cap.FMCG companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 41,218 | 20.92 | 3.15 | +19.8% | +61.7% | 16.1% | 10.9% | 1.53% | |
| 21,307 | 18.52 | 1.96 | +18.0% | +6.3% | 11.1% | 14.2% | 0.61% | |
| 6,389 | 13.71 | 3.77 | +14.8% | +58.4% | 32.0% | 33.5% | 0.00% | |
| 2,679 | 8.31 | 1.24 | +58.3% | +245.4% | 15.6% | 13.2% | 0.00% | |
| 1,634 | 42.77 | 12.43 | +96.3% | +111.3% | 33.7% | – | 0.14% | |
| 463 | – | 1.20 | – | – | – | – | 0.00% | |
| 353 | 17.07 | 0.97 | +15.4% | +27.6% | 5.8% | 3.8% | 0.00% | |
| 339 | 10.59 | 1.90 | −6.6% | +63.2% | 19.3% | 5.4% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Marico dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 30 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹4.00 |
| 1 Aug 2025 | Final | ₹7.00 |
| 7 Feb 2025 | Interim | ₹3.50 |
| 6 Mar 2024 | Interim | ₹6.50 |
| 7 Nov 2023 | Interim | ₹3.00 |
| 8 Mar 2023 | Interim | ₹4.50 |
Latest announcements
Routine notices left out.Marico announcements
Oct 2026
1 Oct · Management
Sep 2026
Marico share price by year
Each calendar year to 2025.Marico share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 750.60 | +17.4% | 760.70 | 587.75 |
| 2024 | 639.50 | +16.6% | 709.00 | 490.05 |
| 2023 | 548.50 | +7.6% | 588.25 | 468.15 |
| 2022 | 509.85 | −0.5% | 549.45 | 463.25 |
| 2021 | 512.65 | +27.3% | 584.35 | 385.60 |
| 2020 | 402.65 | +17.9% | 414.95 | 240.20 |
| 2019 | 341.60 | −8.5% | 396.45 | 329.55 |
| 2018 | 373.40 | +15.8% | 394.20 | 294.60 |
| 2017 | 322.50 | +23.8% | 337.75 | 253.80 |
| 2016 | 260.45 | +15.2% | 300.85 | 213.15 |
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 773.00 | 776.50 | 762.25 | 769.65 | 771.16 | 8,32,409 | 64.6% |
| 27 Oct 2026 | 769.05 | 776.15 | 764.05 | 776.15 | 771.35 | 17,68,613 | 61.4% |
| 26 Oct 2026 | 762.60 | 775.15 | 758.00 | 775.15 | 765.90 | 12,57,960 | 64.5% |
| 23 Oct 2026 | 770.50 | 774.65 | 756.85 | 766.50 | 763.30 | 17,71,167 | 57.9% |
| 22 Oct 2026 | 767.20 | 775.00 | 757.35 | 775.00 | 764.16 | 12,58,348 | 57.9% |
| 21 Oct 2026 | 781.85 | 785.00 | 771.40 | 775.65 | 775.62 | 17,73,019 | 65.9% |
| 19 Oct 2026 | 790.00 | 791.85 | 776.10 | 778.00 | 780.97 | 12,97,998 | 66.7% |
| 16 Oct 2026 | 784.70 | 789.95 | 777.60 | 785.00 | 784.92 | 15,90,704 | 66.9% |
| 15 Oct 2026 | 786.25 | 796.95 | 782.35 | 788.25 | 789.63 | 26,87,126 | 67.6% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 22 Dec 2015 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 21 Feb 2007 | Split | 0.1000 | Each share became 10. |
Company details
- NSE symbol
- MARICO
- BSE code
- 531642
- ISIN
- INE196A01026
- Industry
- Agricultural Food & other Products
- Former symbols
- MARICOIND
- Website
- www.marico.com
- CIN
- L15140MH1988PLC049208
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1988
- Registered office
- 7th Floor, Grande Palladium, 175, CST Road, Kalina, Santacruz (East), Mumbai 400098, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments