Marico Ltd is in the FMCG sector with the Market Capitalization of worth Rs. 67,675.24 crores, it is incorporated in the year 1990. It has reported consolidated sales of Rs. 2525.0 crores in June’2021. The company is also listed in the Bombay Stock Exchange (BSE) with the code 531642 and listed in the National Stock Exchange (NSE) with the code MARICO.
Marico Ltd, one of India’s leading consumer goods suppliers, provides its customers with health, beauty, and wellness products and services. Its headquarter is situated in Mumbai, and it also has eight manufacturing units around the country located in Pondicherry, Perundurai, Kanjikode, Jalgaon, Paldhi, Dehradun, Baddi, and Paonta Sahib. Marico is present in around 25 countries across two continents, Asia and Africa. It is believed that Marico touches the life of every third Indian through its brands such as Parachute, Saffola, Hair and Care, Nihar naturals Mediker, etc. Harsh Mariwala is the chairman of Marico Ltd and Saugata Gupta is the Managing Director and Chief Executive Officer of this company. The promoters of the company own 59.61% of the stake in the company, Foreign Institutional Investors (FII) own 24.98%, Domestic Institutional Investors (DII) own 9.66% of the stake, and others (such as public and retail investors) hold the balance of 5.75%.
In June 2021, quarterly net revenue was Rs. 2,043.0 crores, which has increased by approximately 34.76 % from Rs. 1,516.0 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 263.0 crores, which has seen an increase by nearly 3.14% from a net profit of Rs. 255.0 crores in June 2020. In June 2021, the reported operating profit was at Rs. 1787.0 crores, which is also increased by 38.21% as compared to an operating profit of Rs. 1,293.0 crores for the quarter ending in June 2020. From Rs. 1.87 in June 2020, the EPS of Marico Ltd has increased and reached Rs. 2.04 per share in June 2021. Marico’s stock closed at Rs. 520.45 on 17th August’2021 (NSE) and has returned 25.88% in the last six months and 41.64% in the previous year.
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