Marico logo

Marico share price

NSE: MARICOBSE: 531642Agricultural Food & other ProductsMid Cap

Formerly Marico Industries
Last close ₹766.50down ₹8.50 (1.10%)BSE ₹764.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹775.00.

52-week range of traded prices to 23 Oct 2026
₹705.80Low, 7 Nov 2025₹889.10High, 30 Jul 2026
Market cap
₹99,661 Cr110th largest listed
P/E
52.8
P/B
23.7
Dividend yield
0.52%
ROE
46.1%
ROCE
47.0%
Debt to equity
0.08
Volume, NSE
17,71,16757.9% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+5.8%over a year

Results20-session average 16,09,163 shares a day, 61.6% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 4 Aug

Revenue
₹3,957 Crup 18.72%
Net profit
₹652 Crup 59.80%
Net margin
16.5%

Revenue by year

Peak revenue ₹13,611 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 31 OctDec 2024Filed 31 JanMar 2025Filed 6 FebJun 2025Filed 4 AugSep 2025Filed 14 NovDec 2025Filed 27 JanMar 2026Filed 5 MayJun 2026Filed 4 Aug
Revenue2,6642,7942,7303,2593,4823,5373,3333,957
Net profit433406345513432460408652
Net margin16.3%14.5%12.6%15.7%12.4%13.0%12.2%16.5%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • India₹10,348 Crup 27.60%76.0%
  • International₹3,263 Crup 19.92%24.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 56% of 2,480 trading days over the last 10 years.

LowestHighest
Its median52.1Industry median15.7
Price to book

At or below today's level on 88% of 1,976 trading days since Nov 2018.

LowestHighest
Its median17.6Industry median1.1
EV to EBITDA39.9

At or below today's level on 64% of 1,976 trading days since Nov 2018.

LowestHighest
Its median38.3Industry median8.8
Dividend yield

At or below today's level on 6% of 2,459 trading days over the last 10 years.

LowestHighest
Its median1.35%Industry median0.59%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend 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%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters58.83%
  • Foreign institutions22.26%
  • Indian institutions14.10%
  • Individuals and others4.52%
  • Employee trusts0.29%
Holder
Harsh C Mariwala with Rajen K Mariwala for Aquarius Family TrustPromoter11.07%
Harsh C Mariwala with Rajen K Mariwala for Valentine Family TrustPromoter11.07%
Harsh C Mariwala with Ravindra K Mariwala for Gemini Family TrustPromoter11.07%
Harsh C Mariwala with Ravindra K Mariwala for Taurus Family TrustPromoter11.07%
Rajvi H MariwalaPromoter2.18%
Harsh C MariwalaPromoter2.16%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

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.Mutual fund holdings

Bought for the first time
3
Bought again
5
Added
105
Cut
61
Held unchanged
104
Sold out
7
Fund
HDFC Mutual Fund logoHDFC Mid Cap FundHDFC Mutual Fund3,06,76,4072.37%₹2,411.2 Cr
Axis Mutual Fund logoAxis Midcap FundAxis Mutual Fund67,50,6081.58%₹530.6 Cr
Franklin Templeton Mutual Fund logoFranklin India Flexi Cap FundFranklin Templeton Mutual Fund48,00,9482.07%₹377.4 Cr
Edelweiss Mutual Fund logoEdelweiss Mid Cap FundEdelweiss Mutual Fund47,01,7241.92%₹369.6 Cr
Sundaram Mutual Fund logoSundaram Mid Cap FundSundaram Mutual Fund33,00,0001.87%₹259.4 Cr
Kotak Mahindra Mutual Fund logoKotak Arbitrage FundKotak Mahindra Mutual Fund32,97,6000.34%₹259.2 Cr
UTI Mutual Fund logoUTI Flexi Cap FundUTI Mutual Fund30,04,0001.05%₹236.1 Cr
Axis Mutual Fund logoAxis ELSS Tax Saver FundAxis Mutual Fund26,13,9790.68%₹205.5 Cr
Tata Mutual Fund logoTata Mid Cap FundTata Mutual Fund19,00,0002.55%₹149.3 Cr
HDFC Mutual Fund logoHDFC Arbitrage FundHDFC Mutual Fund18,30,0000.57%₹143.8 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Edible Oil, 33 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Marico in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Patanjali Foods logoPatanjali FoodsPATANJALI38,05719.32.920.3+19.8%+61.7%16.1%10.9%1.66%
AWL Agri Business logoAWL Agri BusinessAWL22,49719.52.28.8+16.7%+0.7%11.6%17.7%0.58%
Gokul Agro Resources logoGokul Agro ResourcesGOKULAGRO5,78913.74.17.8+21.0%+59.3%34.2%34.5%0.00%
CIAN Agro Industries & Infrastructure logoCIAN Agro Industries & InfrastructureCIANAGRO2,3057.21.16.2+58.3%+245.4%15.6%13.2%0.00%
Shri Venkatesh Refineries logoShri Venkatesh RefineriesSVRL1,67243.812.7–+96.3%+111.3%33.7%–0.13%
KN Agri Resources logoKN Agri ResourcesKNAGRI458–1.2–––––0.00%
Kriti Nutrients logoKriti NutrientsKRITINUT33510.11.56.5––15.1%16.1%4.48%
Gokul Refoils and Solvent logoGokul Refoils and SolventGOKUL33516.20.915.6+15.4%+27.6%5.8%3.8%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹10.50 a share, year to Mar 2025.
Ex-dateTypePer share
30 Jul 2026Final₹4.00
1 Aug 2025Final₹7.00
7 Feb 2025Interim₹3.50
6 Mar 2024Interim₹6.50
7 Nov 2023Interim₹3.00
8 Mar 2023Interim₹4.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Marico share price by year

Each calendar year to 2025.Marico share price history

YearClose at year endChangeHighest closeLowest close
2025750.60+17.4%760.70587.75
2024639.50+16.6%709.00490.05
2023548.50+7.6%588.25468.15
2022509.85−0.5%549.45463.25
2021512.65+27.3%584.35385.60
2020402.65+17.9%414.95240.20
2019341.60−8.5%396.45329.55
2018373.40+15.8%394.20294.60
2017322.50+23.8%337.75253.80
2016260.45+15.2%300.85213.15
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026770.50774.65756.85766.50763.3017,71,16757.9%
22 Oct 2026767.20775.00757.35775.00764.1612,58,34857.9%
21 Oct 2026781.85785.00771.40775.65775.6217,73,01965.9%
19 Oct 2026790.00791.85776.10778.00780.9712,97,99866.7%
16 Oct 2026784.70789.95777.60785.00784.9215,90,70466.9%
15 Oct 2026786.25796.95782.35788.25789.6326,87,12667.6%
14 Oct 2026777.10790.00774.30790.00784.1427,00,35068.7%
13 Oct 2026780.85784.80772.95782.80777.8423,63,41964.4%
12 Oct 2026786.15791.65774.20782.40779.7510,39,98864.0%
9 Oct 2026781.10791.20781.10786.15786.989,33,93756.4%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
22 Dec 2015Bonus0.5000Holders received 1 bonus share for every 1 held.
21 Feb 2007Split0.1000Each share became 10.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About Marico

Marico Limited is an Indian consumer goods company that operates in the beauty and wellness categories. It sells its products in India and in chosen markets abroad. In India it owns more than 20 brands, including Parachute, Saffola, Hair & Care, Parachute Advansed and Nihar Naturals. It employs 1,944 people, and its corporate office and research centre are in Mumbai.

The India business covers coconut oil, value-added hair oils, edible oils, foods, and premium personal care that includes digital-first brands. Marico also has exclusive rights to sell and market Kaya's personal care products outside Kaya's clinics. Its key international markets are Bangladesh, Vietnam, South Africa, Egypt and the Middle East, where it sells brands such as Parachute, Parachute Advansed and HairCode. It has ten international offices.

Marico has six manufacturing facilities in India, at Perundurai in Tamil Nadu, Sanand in Gujarat, Puducherry, Jalgaon in Maharashtra and two in Guwahati in Assam. It has eight manufacturing facilities outside India. In India it uses 24 depots and warehouses and five domestic offices, and its products have touched 60,000 villages. Its research and development team has 117 members.

Marico was incorporated in 1988. It has acquired Cosmix and 4700BC. Harsh Mariwala, its chairman and a non-executive director, is a promoter. A promoter is the person or group that set up a company or controls it. Rajendra Mariwala, also a non-executive director, is a member of the promoter group.

Legal name
Marico Limited
NSE symbol
MARICO
BSE code
531642
ISIN
INE196A01026
Industry
Agricultural Food & other Products
Listed
May 1996
Face value
₹1
Former symbols
MARICOIND
CIN
L15140MH1988PLC049208
Corporate identity number, the registrar of companies' code for it
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