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Marico

AHold / Watchlist
MARICO · NSE · Large Cap · FMCG Supplier
FMCG Supplier
Fetching live…
660
1D 0.4%1M 2.5%1Y 22%
Fundamental (RQ-100)
81
Technical (TQ-100)
52
Valuation
38
Market cap
₹85.0K Cr
Live decision ratingAHold
Fundamental score breakdown
81/100
Growth Quality
9.0 / 20
Rev 1Y 10.0%, 3Y CAGR 9.0%, 5Y CAGR 9.0%
Margin & Profitability
13.4 / 15
EBITDA 22.0%, PAT 16.0%
Return on Capital
20.0 / 20
ROCE 42.0%, ROE 38.0%
Cash Flow Quality
13.0 / 15
OCF/EBITDA 0.92
Leverage
10.0 / 10
ND/EBITDA -0.60
Reinvestment
5.0 / 8
Capex/Sales 2.0%
Accounting
7.0 / 7
Governance
4.0 / 5
Technical score breakdown
52/100
Trend Structure
8.0 / 20
↓ 200 · ↓ 50 · ↓ 20
Momentum
11.0 / 15
1Y 22.0%, 1M 2.5%
Volume Dynamics
8.0 / 15
Vol30 —%
Relative Strength
10.0 / 15
1Y 22.0%
MA Cluster
5.0 / 10
Extension
5.0 / 10
—% from 50DMA
Volatility
4.0 / 8
Price Action
1.0 / 7
-100.0% from 52W H

Business

What this company actually does

Parachute, Saffola, Livon. Strong q-comm penetration in food.

Stores
Dark stores
Cities
Listed status
Listed

Format exposure

How direct is this play?

Primary formatFMCG Supplier
Exposure typeMeaningful
Revenue visibilityHigh
Operating leverage stageMaturity
Policy beneficiaryNone
Data confidenceMedium

Financial snapshot

Live · green dot = live, falls back to curated

Revenue
₹10.0K Cr
Rev 1Y growth
10%
Rev 3Y CAGR
9%
EBITDA margin
22.0%
PAT margin
16.0%
ROE
38%
ROCE
42%
OCF/EBITDA
0.92
Net Debt/EBITDA
-0.6

Financial statements

Multi-year P&L, balance sheet, cash flow — scraped live from Screener.in

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Valuation

Live multiples + retail-specific (curated)

P/E
60
Forward P/E
51
EV/EBITDA
42
EV/Sales
8.5
P/B
22.0
FCF Yield
1.4%

Mid-range valuation. Watch incremental ROCE.

Investment thesis

AI-generated · always cite sources before acting

Bull
Best-in-class 42% ROCE with 0.92 OCF conversion. Long-runway TAM with structural tailwinds.
Base
Earnings growth of ~10% over the next 3 years assuming margins hold. Multiple compression risk if growth slows; multiple expansion possible if FMCG Supplier GMV outperforms.
Bear
Format-level risk: regulation, gig-cess, or competitive pressure compress contribution margin.
Variant perception
Consensus views Marico as a quality compounder. Our differentiated take: the cyclical pessimism in FMCG Supplier has overshot the long-term cash-flow potential.
Key monitorables
  • Quarterly EBITDA margin trajectory
  • Revenue growth vs management guidance
  • Capex vs store/dark-store adds
  • Promoter holding and ESOP dilution