Marico, incorporated in the year 1988, is a Large Cap company (having a market cap of Rs 67363.09 Crore) operating in FMCG sector.
Marico key Products/Revenue Segments include Edible Oil, Others, Personal Care, Export Incentives, Scrap for the year ending 31-Mar-2022.
Financials
The company’s top management includes Mr.Harsh Mariwala, Mr.Apurva Purohit, Mr.Milind Barve, Mr.Ananth Sankaranarayanan, Mr.Nayantara Bali, Ms.Hema Ravichandar, Mr.Nikhil Khattau, Mr.Rishabh Mariwala, Mr.Rajendra Mariwala, Mr.Saugata Gupta, Mr.Rajeev Vasudeva. Company has B S R & Co. LLP as its auditors. As on 30-09-2022, the company has a total of 129 Crore shares outstanding.
Investment Rationale
After achieving ~6% sales CAGR over FY15–20, MRCO's sales momentum has improved with double-digit sales CAGR expected over FY20–24. This is likely to sustain beyond FY24 as well, propelled by: a) the ongoing topline growth momentum in each of MRCO’s core segments, b) significantly higher growth rates as well as targets in the Foods portfolio, and c) the INR4.5–5b targeted from its 'digital first' range of products.
Promoter/FII Holdings
Promoters held 59.48 per cent stake in the company as of 30-Sep-2022, while FIIs owned 25.16 per cent, DIIs 9.71 per cent.
Download The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Read More News on
Download The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price