How has Marico Ltd. (MARICO) been performing? We dig into revenue, profitability, valuation, and ownership trends.
Marico Revenue Trend
A 12.7% jump in revenue took Marico Ltd.'s top line to ₹11,039 Cr in FY2025.
Looking at the longer trend, Marico Ltd.'s revenue grew from ₹5,733 Cr to ₹11,039 Cr at a 6.8% CAGR — moderate, consistent growth.
At ₹11,039 Cr in annual revenue, Marico Ltd. is one of the major players in the personal care space.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹11,039 Cr | +12.7% |
| FY2024 | ₹9,795 Cr | -1.1% |
| FY2023 | ₹9,908 Cr | +3.1% |
| FY2022 | ₹9,610 Cr | +19.4% |
| FY2021 | ₹8,048 Cr | — |
View Marico Ltd.'s full 10-year revenue trend with CAGR analysis →
Marico Profitability
Earnings came in strong at ₹1,658 Cr for FY2025, marking a 10.4% gain over the ₹1,502 Cr posted in FY2024.
Not much change on the margin front — net profit margin held at roughly 15.0% in FY2025.
Diluted EPS came in at ₹12.56 for FY2025, up from ₹11.43 a year earlier.
Is Marico Undervalued
Per the P/E Ratio model, Marico Ltd. has an estimated intrinsic value of ₹698 (13.9% downside).
Marico Ltd. shares are currently trading at ₹811.25.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹698 | 13.9% downside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Marico Ltd. with detailed assumptions →
Marico Shareholding Pattern
At 58.9%, the promoter stake has been flat for the past 4 quarters.
FII holding stands at 24.1%, up from 23.6% in the year-ago quarter.
Domestic institutional investors (DIIs) held 12.3% as of March 2026, down from 12.7% a year ago.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 58.9% | 24.1% | 12.3% | 4.5% |
| Dec 2025 | 58.9% | 24.0% | 12.3% | 4.5% |
| Sep 2025 | 58.9% | 24.2% | 12.0% | 4.6% |
| Jun 2025 | 59.0% | 23.6% | 12.7% | 4.5% |
Track quarterly shareholding changes for Marico Ltd. →
Marico Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
FY2025 total assets: ₹83.38B (up 12.4% YoY from ₹74.21B).
Top categories: Intangibles & Goodwill (21.6%), Cash & ST Investments (20.3%), Other Assets (16.4%).
Of the ₹83.38B in liabilities and equity, 51.2% is shareholder equity, 6.6% is interest-bearing debt, and 42.2% is operating liabilities. Over the year, debt is up 4.9% and equity is up 2.3%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 16.96B |
| Receivables | 12.71B |
| Inventories | 12.35B |
| Property, Plant & Equipment | 7.50B |
| Investments | 2.15B |
| Intangibles & Goodwill | 18.03B |
| Other Assets | 13.68B |
| Category | Value |
|---|---|
| Equity | 42.66B |
| Short-term Debt | 4.30B |
| Long-term Debt | 1.24B |
| Trade Payables | 13.63B |
| Other Liabilities | 21.55B |
Marico at a Glance
To sum up Marico Ltd.'s financial position: the data paints a clear picture for investors evaluating this personal care stock.
Revenue of ₹11,039 Cr in FY2025, up 12.7% year-over-year.
Long-term revenue has been compounding at 6.8% annually over 10 years.
The company is profitable, with a net margin of 15.0% and net income of ₹1,658 Cr.
The P/E Ratio model implies 13.9% downside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
Get the complete view of Marico Ltd. on Craytheon — 10 years of financials, three valuation models, and institutional holding trends.