&w=3840&q=100)
Marico hits record high, zooms 21% in 2 months; analysts see more upside
Share price of Marico today
Shares of Marico hit a record high of ₹ 737.40, gaining 2.4 per cent on the BSE in Wednesday's intra-day trade amid heavy volumes owing to earnings improvement.
The stock price of the edible oil company surpassed its previous high of ₹ 736.10 touched on February 1, 2025. In the past one month, the stock has rallied 11 per cent, and, in the past two months it surged 21 per cent.
At 02:55 pm; Marico was trading 2 per cent higher at ₹ 735.90, as compared to the 0.1 per cent gain on the BSE Sensex. The average trading volumes on the counter jumped over three-fold. A combined 3.2 million equity shares changed hands on the NSE and BSE.
Marico Q4 results
Homegrown FMCG firm Marico on Friday, May 2, 2025 reported a 7.81 per cent rise in consolidated net profit at ₹ 345 crore in the March 2025 quarter (Q4FY25), driven by volume and revenue growth in India, along with robust international business.
Consolidated revenue from operations grew 20 per cent year-on-year at ₹ 2,730 crore, with underlying volume growth of 7 per cent in the India business and constant currency growth (CCG) of 16 per cent in the international business. India volume and revenue growth were at 14 quarter high.
Outlook
With retail and food inflation moderating, it bodes well for the overall consumption in FY26. Government schemes, rise in MSPs and healthy monsoon forecasts to aid ongoing rural recovery.
Marico expects gradually improving growth trends in the core categories on the back of moderating trends in retail and food inflation as well as the promise of a healthy monsoon season. This will be further aided by our ongoing initiatives to support select General Trade (GT) channel partners and transformative expansion in its direct reach footprint under Project SETU. Despite transient input cost headwinds in the near term, the company expects to sustain the double-digit revenue growth momentum and will strive to deliver double-digit operating profit growth in FY26.
Brokerage view – Yes Securities
Volume pick-up in domestic core, strong price growth in Parachute & Saffola edible oils in H1FY26, likely bottoming-out of value added hair oils (VAHO), distribution expansion through Project SETU, continued strong momentum in newer domestic businesses and healthy International business CCG should lead to double -digit topline growth in FY26. Based on ~50x multiple on FY27E EPS the brokerage firm said that they now get a slightly revised target price of ₹ 830 (₹ 800 earlier).
Brokerage view – Elara Capital
The brokerage firm maintains a constructive view on Marico, underpinned by its strong medium term potential to deliver double-digit sales growth. This optimism is driven by a combination of strategic price increases, enhanced direct distribution capabilities, and robust momentum in its foods and premium personal care segments.
'Additionally, as its new business verticals continue to scale, we expect upside to margin in the long term, further reinforcing our positive stance. We reiterate our Accumulate rating with a higher target price of ₹ 785 on 50x FY27E P/E,' analysts said in the Q4 result update.
About Marico
Marico is one of India's leading consumer goods companies operating in the global beauty and wellness categories. In FY 2023-24, Marico recorded a turnover of $1.2 billion through its products sold in India and chosen markets in Asia and Africa.
Marico touches the lives of 1 out of every 3 Indians, through its portfolio of brands such as Parachute, Saffola, Hair & Care, Parachute Advansed, Nihar Naturals, Mediker, Pure Sense, Coco Soul, Revive, Set Wet, Livon, Beardo, Just Herbs, True Elements and Plix. The international consumer products portfolio contributes to about 26 per cent of the Group's revenue, with brands like Parachute, Parachute Advansed, HairCode, Fiancée, Purité de Prôvence, Ôliv, Caivil, Hercules, Black Chic, Code 10, Ingwe, X-Men, Thuan Phat and Isoplus.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India Gazette
4 hours ago
- India Gazette
EasyMyTrip launches 'EMT Invest' to back profitable businesses to scale
New Delhi [India], June 7 (ANI): Online travel platform EaseMyTrip has launched 'EMT Invest' to partner with profitable, founder-led businesses that are ready to scale. In a statement, the company said that it is looking to partner with businesses that report a minimum profit before tax (PBT) of Rs 5 crore, have strong unit economics and scalable models, and operate in any high-growth sector. A key criterion is that these businesses must be promoter-led with full operational control and a clear need for growth capital over the next three to five years. To initiate the engagement, EMT Invest has invited interested companies to share their last two years of audited financials, cash flow statement, cap table, and a detailed 3-5 year business plan. EMT Invest's typical investment model involves acquiring a strategic minority stake of up to 49 percent, ensuring that promoters retain full control. 'Our goal is to create long-term value and prepare the company for significant milestones such as IPOs or secondary exits,' the company said. Investment structure and terms will be finalised during the second phase based on mutual understanding and regulatory compliance, according to the statement. Earlier on June 1, Founder and Chairman of the company Nishant Pitti said EaseMyTrip 2.0 story will be about growth in India's next big businesses. Taking to his social media handle X, EaseMyTrip Founder and Chairman posted that the company is 'looking for founders who need working capital to grow and where the popular travel platform can take up to 49 per cent equity.' The equity stake in such companies will come with a clear objective of helping scale using EaseMyTrip's 3+ crore customer base, brand trust, and digital infrastructure, Pitti said. EaseMyTrip says it is India's fastest-growing and the only profitable Online Travel aggregator, which is 100 per cent bootstrapped and listed on NSE and BSE. EaseMyTrip commenced its operations in 2008 by focusing on the B2B2C (business to business to customer) distribution channel and providing travel agents access to its website to book domestic travel airline tickets in order to cater to the offline travel market in India. Subsequently, by leveraging its B2B2C channel, the company commenced operations in the B2C (business to customer) distribution channel in 2011 by primarily focusing on the growing Indian middle class population's travel requirements. It later commenced operations in the B2E (business to enterprise) distribution channel in 2013 with the aim of providing end-to-end travel solutions to corporates. (ANI)
Economic Times
4 hours ago
- Economic Times
Real estate stocks deliver rocket returns this week as BSE Realty eclipses sectoral peers with 10% rally
The real estate sector has emerged as a powerhouse, with the BSE Realty index recording substantial weekly gains. This momentum can be traced back to the Reserve Bank of India's repo rate cut, which has sparked renewed interest in property investments. Leading the charge is Sobha, whose stock has taken off, joined by gains in Financial Services and Metal sectors. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The realty sector eclipsed its sectoral peers as the BSE Realty index delivered near double-digit weekly gains with significant impetus coming from the Reserve Bank of India's (RBI's) 50 bps points repo rate cut on Friday, unleashing the property 10-stock index ended the week with 9.7% returns while rising by 5% on the stocks that rallied most, Sobha 's 18% uptick towered over others. Prestige Estates Projects and Brigade Enterprises were up 17%, like the DLF Macrotech Developers (Lodha), Signatureglobal (India), The Phoenix Mills and Anant Raj closed with weekly gains of 10% and 3%.Others including BSE Financial Services (1.8%), BSE Metal (1.7%), BSE Auto (1.5%) and BSE Healthcare (1.4%) trailed significantly. The headline index BSE Sensex closed with 1% major laggards were BSE Information Technology and BSE Capital Goods, which were down 0.15% and 0.41%, respectively, on a weekly broader markets also showed good momentum with the BSE Smallcap rising by 2% during the week while the BSE Midcap gain by nearly as which is an interest rate sensitive sector is expected to benefit from the rate cut. RBI has so far cut the policy rate by 100 bps, bringing it to 5.5%. This was a third cut in a row and under the leadership of Governor Sanjay Malhotra who took over the reins from Shaktikanta the EMIs of potential home buyers will likely come down, the industry will also benefit from cheaper cost of on the development, Krishna Appala, Fund Manager, Capitalmind PMS said that rate-sensitive sectors stand to benefit — especially financials, real estate, and manufacturing, though she conceded that the transmission could be slower, given muted credit offtake."Despite abundant liquidity, both corporate borrowing and bank lending remain subdued," Appala said, adding that overall, this policy reinforces India's macro stability while attempting to reignite demand in a measured, credible Read: Bank, NBFC stocks cheer RBI's 50 bps bonanza, but are rate cuts delivering?
Time of India
4 hours ago
- Time of India
Real estate stocks deliver rocket returns this week as BSE Realty eclipses sectoral peers with 10% rally
The real estate sector has emerged as a powerhouse, with the BSE Realty index recording substantial weekly gains. This momentum can be traced back to the Reserve Bank of India's repo rate cut, which has sparked renewed interest in property investments. Leading the charge is Sobha, whose stock has taken off, joined by gains in Financial Services and Metal sectors. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The realty sector eclipsed its sectoral peers as the BSE Realty index delivered near double-digit weekly gains with significant impetus coming from the Reserve Bank of India's (RBI's) 50 bps points repo rate cut on Friday, unleashing the property 10-stock index ended the week with 9.7% returns while rising by 5% on the stocks that rallied most, Sobha 's 18% uptick towered over others. Prestige Estates Projects and Brigade Enterprises were up 17%, like the DLF Macrotech Developers (Lodha), Signatureglobal (India), The Phoenix Mills and Anant Raj closed with weekly gains of 10% and 3%.Others including BSE Financial Services (1.8%), BSE Metal (1.7%), BSE Auto (1.5%) and BSE Healthcare (1.4%) trailed significantly. The headline index BSE Sensex closed with 1% major laggards were BSE Information Technology and BSE Capital Goods, which were down 0.15% and 0.41%, respectively, on a weekly broader markets also showed good momentum with the BSE Smallcap rising by 2% during the week while the BSE Midcap gain by nearly as which is an interest rate sensitive sector is expected to benefit from the rate cut. RBI has so far cut the policy rate by 100 bps, bringing it to 5.5%. This was a third cut in a row and under the leadership of Governor Sanjay Malhotra who took over the reins from Shaktikanta the EMIs of potential home buyers will likely come down, the industry will also benefit from cheaper cost of on the development, Krishna Appala, Fund Manager, Capitalmind PMS said that rate-sensitive sectors stand to benefit — especially financials, real estate, and manufacturing, though she conceded that the transmission could be slower, given muted credit offtake."Despite abundant liquidity, both corporate borrowing and bank lending remain subdued," Appala said, adding that overall, this policy reinforces India's macro stability while attempting to reignite demand in a measured, credible Read: Bank, NBFC stocks cheer RBI's 50 bps bonanza, but are rate cuts delivering?
