Should I buy Marico stock in 2025? All You Need to Know for India
Is Marico stock a buy right now?
ScoreMarico Limited stands out as a robust player in India’s dynamic Fast-Moving Consumer Goods (FMCG) sector. Trading at approximately ₹716.60 as of late May 2025, the stock’s liquidity is healthy, with a daily average volume nearing 2.5 million shares. Marico's track record of resilient financial performance continues, underlined by a 19.84% YoY increase in Q4 revenue and a net profit rise to ₹343 crore. Recent months saw notable success in its food segment, achieving 44% growth in Q4 and a solid expansion in premium personal care products. While sector peers have faced commodity headwinds, Marico’s diversified brand portfolio (Parachute, Saffola, Livon, Set Wet) and geographical reach into more than 25 countries confer notable stability. The scheduled participation at leading investor conferences signals strong engagement and confidence in its strategy. Despite a premium P/E multiple of 57.20 and manageable sectoral competition, market sentiment remains constructively optimistic: steady capital gains, consistent dividends (1.38% yield), and a rising top line all support this view. With analysts from over 33 national and international banks setting a consensus price target of ₹931, Marico’s foundations present investors with a compelling story of sustainable growth and sectoral leadership.
- ✅Strong 19.84% YoY quarterly revenue growth and consistent net profit increase.
- ✅Fast-growing food segment, now contributing over ₹900 crore in annual revenue.
- ✅Diverse, trusted portfolio of leading household brands across India.
- ✅Expanding international presence provides risk diversification and growth platforms.
- ✅Regular and stable dividend payments underline management's shareholder focus.
- ❌High P/E ratio may limit short-term upside for valuation-conscious investors.
- ❌Exposure to volatile commodity prices could affect profit margins selectively.
- ✅Strong 19.84% YoY quarterly revenue growth and consistent net profit increase.
- ✅Fast-growing food segment, now contributing over ₹900 crore in annual revenue.
- ✅Diverse, trusted portfolio of leading household brands across India.
- ✅Expanding international presence provides risk diversification and growth platforms.
- ✅Regular and stable dividend payments underline management's shareholder focus.
Is Marico stock a buy right now?
Score- ✅Strong 19.84% YoY quarterly revenue growth and consistent net profit increase.
- ✅Fast-growing food segment, now contributing over ₹900 crore in annual revenue.
- ✅Diverse, trusted portfolio of leading household brands across India.
- ✅Expanding international presence provides risk diversification and growth platforms.
- ✅Regular and stable dividend payments underline management's shareholder focus.
- ❌High P/E ratio may limit short-term upside for valuation-conscious investors.
- ❌Exposure to volatile commodity prices could affect profit margins selectively.
- ✅Strong 19.84% YoY quarterly revenue growth and consistent net profit increase.
- ✅Fast-growing food segment, now contributing over ₹900 crore in annual revenue.
- ✅Diverse, trusted portfolio of leading household brands across India.
- ✅Expanding international presence provides risk diversification and growth platforms.
- ✅Regular and stable dividend payments underline management's shareholder focus.
- What is Marico?
- How much is Marico stock?
- Our full analysis on Marico stock
- How to buy Marico stock in IN?
- Our 7 tips for buying Marico stock
- The latest news about Marico
- FAQ
- FAQ
What is Marico?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | India | Indian company with a strong presence in the domestic FMCG sector. |
| 💼 Market | NSE: MARICO | Listed on the National Stock Exchange; accessible and liquid for Indian investors. |
| 🏛️ ISIN code | INE196A01026 | Unique identification for tracking and compliance in Indian and global markets. |
| 👤 CEO | Saugata Gupta | Experienced leader credited with driving Marico’s diversification and growth. |
| 🏢 Market cap | ₹92,859 crore (~$11.1 billion) | Large-cap company; reflects investor confidence but signals premium valuation. |
| 📈 Revenue | ₹10,151 crore (FY2025 projected) | Strong YoY revenue growth, with food segment an emerging key driver. |
| 💹 EBITDA | ₹1,592 crore (FY2025 estimated) | Healthy operating margins, but raw material price volatility could impact profits. |
| 📊 P/E Ratio (Price/Earnings) | 57.20 | High valuation; future upside depends on sustained strong earnings growth. |
How much is Marico stock?
The price of Marico stock is falling this week. As of now, Marico shares are trading at ₹716.60, reflecting a 1.08% drop over the past 24 hours and a 2.91% decline for the week. The company’s market capitalization stands at ₹92,859 crore, with an average daily trading volume of 2,487,338 over the last three months.
| Metric | Value |
|---|---|
| P/E Ratio | 57.20 |
| Dividend Yield | 1.38% |
| Beta | Average volatility |
| Market Cap | ₹92,859 crore |
| Avg. Daily Volume (3 months) | 2,487,338 |
Marico currently trades at a premium valuation, but delivers steady performance. Investors should weigh these factors when considering their strategy.
Check out the best brokers in India!Compare brokersOur full analysis on Marico stock
Having carefully reviewed Marico Limited’s latest financials alongside its robust stock performance over the past three years, our in-depth analysis leverages an integrated approach via proprietary algorithms, combining fundamental indicators, technical signals, sectoral trends, and competitive benchmarking. Marico’s consistent earnings growth, emerging segment leadership, and dynamic market presence all point towards a stock on the cusp of potentially renewed momentum. So, why might Marico once again represent a strategic entry point for investors seeking resilient exposure to the fast-moving consumer goods (FMCG) sector in 2025?
Recent Performance and Market Context
Marico (NSE: MARICO) has continued to reinforce its position as a stalwart in the Indian FMCG space, demonstrating substantial resilience and agility in navigating evolving market currents. Over the past twelve months, Marico’s share price has not only weathered sector headwinds but has advanced by approximately 13.3%, handily surpassing the broader FMCG index’s return profile. Notably, the stock has delivered a 10% gain in the preceding six months, rebounding from the ₹650 range to currently trade at ₹716.60 as of May 20, 2025.
- Q4 FY2025 results revealed a near 20% YoY revenue surge to ₹2,730 crore and net profit growth of 7.86%—well in line with, if not slightly above, consensus forecasts.
- Segmental expansions in the high-growth food category (44% YoY in Q4, 30% FY25 overall) are increasingly offsetting cyclicality elsewhere in the portfolio.
- Robust dividend policy—Marico’s commitment to distribution is evidenced by a ₹10/share total annual payout and a healthy 1.38% yield, underscoring cash flow solidity.
- Institutional visibility—upcoming investor conferences (BofA, Morgan Stanley India), reinforce positive sentiment and sustained analyst interest in Marico’s growth story.
The Indian FMCG sector is poised for secular expansion, powered by urbanization, rising disposable incomes, premiumization in consumer choices, and a shift to branded, health-oriented offerings. Marico, with its diversified SKU base and adaptive business model, is uniquely positioned to capture these trends as consumption normalizes post-pandemic and as inflation headwinds recede.
Technical Analysis
A scrutiny of the technical landscape demonstrates that Marico’s stock is currently in a consolidation phase that could precede a renewed upward trajectory:
- Moving Averages:
- The current price of ₹716.60 is just below the 20-day simple moving average (SMA) of ₹717.54—a potential opportunity to accumulate at minor support.
- The price trades comfortably above the 50-day (₹671.98), 100-day (₹660.60), and 200-day (₹658.58) SMAs, confirming medium- to long-term bullish structure.
- Oscillator Insights:
- RSI (14) at 54.39 reflects a neutral stance—neither overbought nor oversold—suggesting balanced momentum and scope for further upside.
- MACD currently flashes a modest sell signal, typically interpreted as a consolidation or a pause within a larger uptrend.
- Stochastic %K sits at 55.51, again signalling equilibrium within a potential continuation pattern.
- Support and Resistance Levels:
- Strong support sits at ₹707.3 and the key pivot of ₹692.58—a zone where recent pullbacks have found buying interest.
- Immediate overhead resistance is ₹720.55, followed by ₹744.17. A decisive break above these levels could trigger a fresh bullish leg.
- Timeframe Ratings:
- While the daily outlook is neutral, buy signals on the weekly and monthly timeframes indicate that the intermediate- and long-term uptrend remains intact.
For investors deploying technical strategies, the current price zone appears to offer an attractive risk-reward configuration, characterized by stable support and well-defined upside triggers.
Fundamental Analysis
At a core operational level, Marico’s FY2025 performance powerfully validates its premium sector standing:
- Revenue and Profitability:
- FY2025 revenue and net profit rose 19.84% and 7.86% YoY, respectively, capped with ₹1,658 crore in consolidated net profit.
- The food segment’s meteoric expansion—now 44% higher YoY in Q4 and contributing ₹900+ crore annually—underscores aggressive and successful diversification.
- Profit Quality and Dividend Strength:
- Operating profit margins have remained robust, supported by a measured balance between raw material cost management and strategic pricing actions.
- Marico’s steady dividend history, now at ₹10/share, appeals to income-seeking investors and signals management’s confidence in sustainable cash generation.
- Valuation Appraisal:
- The price-earnings ratio stands at 57.20, reflecting a significant premium attributable to Marico’s high-quality growth, best-in-class brand equity, and reliable earnings trajectory.
- Price-to-book (23.61) and price-to-sales (8.64) ratios, while elevated, are characteristic of dominant players within mature FMCG verticals.
- Strategic Strengths:
- A portfolio crammed with household names—Parachute, Saffola, Livon, Set Wet—cements Marico’s unassailable consumer recall.
- Globally, Marico now operates in 25+ countries, offering vital hedges against local market cyclicality and access to emerging global consumption themes.
- Decisive investments in premium personal care and health-centric SKUs are building durable, higher-margin streams with secular demand tailwinds.
Marico’s consistently strong fundamentals, innovative track record, and strategic brand-driven moat justify renewed investor interest, even at premium multiples.
Volume and Liquidity
Market participants have continued to exhibit high confidence in Marico’s prospects, as evidenced by its robust liquidity profile:
- Average Daily Trading Volume has held firm at ~2.49 million shares (20-day average), facilitating efficient price discovery and seamless entry or exit for institutional and retail participants alike.
- Public Float remains significant, ensuring that liquidity is not unduly constrained—ideal for dynamic valuation and adaptability to changing fund flows.
This sustainment of active trading is a powerful signal of market conviction, reinforcing Marico’s standing as a liquid blue chip within NSE indices and an appealing candidate for both tactical and strategic allocations.
Catalysts and Positive Outlook
Looking ahead, Marico’s pathway to further value creation is shaped by several potent growth levers:
- Food Segment Momentum: The exceptional 44% YoY growth (Q4) in this segment clearly highlights both addressable market expansion and execution excellence. This business line now exceeds ₹900 crore, fast approaching scale akin to Marico’s legacy engine.
- Premium Personal Care: Management focus on high-margin, premium offerings within the personal care spectrum could significantly lift overall profitability and reduce commoditization risks.
- International Business: Continued robust performance in emerging markets across Asia and Africa insulates earnings from local market headwinds and supports multi-geography growth ambitions.
- ESG and Innovation: Marico’s commitment to sustainable sourcing and responsible governance aligns increasingly with institutional mandate preferences—likely to remain a magnet for ESG-conscious funds.
- Capital Market Visibility: Upcoming analyst and investor meetings (notably with BofA and Morgan Stanley India) could serve as critical sentiment-multipliers, particularly if management outlines positive outlooks or unveils new strategic initiatives.
These catalysts combine to create an environment ripe for further re-rating, with Marico at the vanguard of portfolio innovation and consumer preference shifts.
Investment Strategies
An analysis of the price action and underlying business momentum reveals several promising deployment approaches for different investor horizons:
- Short-Term: At a technical juncture just below the 20-day SMA and above multiple key supports, tactical buyers could benefit from rebound plays off the ₹707-₹717 zone, targeting an initial test of ₹720.55 and, on breakout, ₹744.17.
- Medium-Term: Investors with a 3–12 month perspective may find an optimal entry now—before Marico’s next round of potential segmental growth announcements or international expansion updates. The stable dividend augments total return potential.
- Long-Term: Those seeking core, resilient exposure within the Indian consumption story can leverage Marico’s proven leadership, innovation engine, and geographic footprint—benefiting from compounding results as premiumization and food diversification deliver margin accretion and topline stability.
Across the board, Marico’s risk-reward profile stands strengthened by the current technical setup and robust pipeline of fundamental drivers. Deploying capital at current or marginally lower levels may allow participants to capture an inflection phase ahead of market-wide recognition.
Is it the Right Time to Buy Marico?
Marico’s compelling mix of sector leadership, earnings reliability, and innovative growth orientation stands poised to reassert its status as a strategic cornerstone within the Indian FMCG basket. The company’s ability to expand its food and premium segments at double-digit rates, coupled with superior cash conversion and a prudent dividend policy, ensures an enviable total return proposition. Although valuation multiples reflect Marico’s quality and market expectations, the enduring nature of its brand, product pipeline, and adaptive international ambitions provide grounds for a constructive outlook.
For investors focused on sustainable growth, stable income, and resilience to volatility, Marico Limited seems to represent an excellent opportunity at current levels—backed by formidable business drivers and technical foundation. As we advance through 2025, the combination of defensible support, robust liquidity, and visible catalysts positions Marico as an attractive consideration for those intent on gaining premium exposure to the evolving Indian consumer landscape.
With these attributes at the forefront, Marico appears set to embark on a new bullish phase—reinforcing its place in portfolios seeking growth with quality at the heart of India’s consumption revolution.
How to buy Marico stock in IN?
Buying Marico Limited stock online is straightforward and secure when you use a regulated broker in India. Two main methods are available: spot buying, where you directly own shares, and CFD trading, where you speculate on price movements without owning the stock. Both approaches offer advantages for retail investors, depending on your investment goals and risk appetite. Understanding the differences is key before opening an account and placing your first order. To help you choose the right platform, you’ll find an updated broker comparison further down this page.
Spot Buying
A cash or spot purchase means you directly acquire Marico shares in your demat account via the Indian stock exchanges (NSE/BSE). Typically, Indian brokers charge a fixed commission per order, often ranging from ₹20 to ₹30 for online trades, plus minor exchange and statutory charges.
Example
Suppose Marico is trading at ₹716.60 per share and you want to invest $1,000 (about ₹83,600 at $1 = ₹83.60). Deducting a ₹400 (~$5) brokerage fee, you’ll have around ₹83,200 to invest.
- ₹83,200 ÷ ₹716.60 ≈ 116 shares
✔️ Gain scenario:
If Marico’s price rises by 10%, your shares are worth ₹91,520 (~$1,094).
Result: +$94 gross gain, i.e., +9.4% on your investment (excluding taxes).
Trading via CFD
CFD (Contract for Difference) trading means you don’t own Marico shares outright but take a position on their price movement. This is typically done via international brokers. You pay a spread (the difference between buy and sell prices) and, if you keep positions open overnight, an additional financing fee—costs vary depending on the broker.
Example
With $1,000 (≈₹83,600) and 5x leverage, you control a ₹418,000 ($5,000) position in Marico CFDs.
✔️ Gain scenario:
If the stock rises by 8%, your position gains 8% x 5 = 40%.
Result: +$400 gain on your $1,000 outlay (excluding spread and overnight costs).
Final Advice
It’s essential to compare brokerage fees, trading platforms, and account conditions before investing in Marico. Your best choice depends on whether you want long-term ownership (spot buying) or to seek greater flexibility and leverage (CFDs). Take advantage of our broker comparison below to find the solution that aligns with your goals and preferred trading style. Investing in Marico is accessible and, with a thoughtful approach, can be tailored to your financial objectives.
Check out the best brokers in India!Compare brokersOur 7 tips for buying Marico stock
| Step | Specific tip for Marico |
|---|---|
| Analyze the market | Evaluate Marico’s position in the FMCG sector, focusing on its expanding food and premium personal care segments, steady growth, and resilience in the Indian and international markets. |
| Choose the right trading platform | Use a trusted Indian brokerage platform that offers easy access to NSE stocks like Marico, with competitive fees and robust research tools to support your decision-making. |
| Define your investment budget | Set your investment amount based on your overall financial plan, considering Marico’s current premium valuation and diversifying across sectors to reduce individual stock risk. |
| Choose a strategy (short or long term) | Consider a long-term strategy to benefit from Marico’s steady dividend payouts, strong brand portfolio, and ongoing business diversification for potential compounding returns. |
| Monitor news and financial results | Regularly review Marico’s quarterly financial results, major product launches, management commentary, and sector news to stay updated on catalysts and risk factors affecting the stock. |
| Use risk management tools | Implement stop-loss orders or set target price alerts in your trading platform to protect your capital from unexpected volatility, especially around earnings or sector shifts. |
| Sell at the right time | Plan exit points around upcoming dividend record dates, major resistance levels, or if you see signs of underperformance, to maximise gains or limit losses on your Marico investment. |
The latest news about Marico
Marico reported robust Q4 FY2025 results with revenue up 19.84% year-on-year and net profit up 7.86%. This positive financial performance was driven by significant growth in both the core and emerging segments, reflecting resilience despite broader market volatility. Analysts highlighted that the results were in line with expectations, which reinforces confidence among institutional investors and signals operational strength in key categories like health, beauty, and wellness in India.
The food segment registered an exceptional YoY growth of 44% in Q4 and 30% for FY25, surpassing ₹900 crore in annual revenues. This development showcases Marico’s successful strategic diversification beyond its traditional product lines, with foods increasingly becoming a core pillar. The segment’s strong growth trajectory not only supports the company’s earnings profile but also offers additional insulation from competitive or price-pressured areas in the saturated FMCG market.
Premium personal care products have continued their strong quarterly performance, contributing to margin expansion and product mix improvement. This signifies Marico’s effective execution in high-margin categories, responding to evolving consumer preferences in India’s urban and premium segments. The pivot towards premiumization is expected to bolster profitability and maintain the company’s leadership in the fast-growing beauty and wellness market, affirming the management’s growth strategy.
Marico has announced a final dividend of ₹7.00 per share (record date August 1, 2025), consistent with its commitment to shareholder returns. With a total annual dividend of ₹10.00 per share and a yield of 1.38%, Marico remains a reliable income-generating stock within the Indian FMCG universe. The regular dividend payouts underscore stable cash flows and a strong capital return philosophy, further supporting investor sentiment in the domestic market.
The stock maintains a broadly positive technical outlook for medium and long-term timeframes, supported by 6-month gains of 10% and inclusion in key industry indices. Despite a neutral short-term rating, Marico’s current price remains above the 50-day, 100-day, and 200-day SMAs, indicating underlying strength. With institutional investors continuing to hold considerable stakes and the company participating in high-profile investor conferences in June 2025, both market sentiment and professional engagement with the stock remain strong in India.
FAQ
FAQ
What is the latest dividend for Marico stock?
Marico currently pays regular dividends. The latest dividend declared is a final dividend of ₹7.00 per share (record date: August 1, 2025, payment by September 7, 2025). Earlier this year, Marico paid an interim dividend of ₹3.50 per share, bringing the total for FY25 to ₹10.00 per share. Marico’s ongoing commitment to annual dividends reflects its stable cash flow and shareholder-friendly distribution policy, with a steady history of payouts.
What is the forecast for Marico stock in 2025, 2026, and 2027?
Based on current levels of ₹716.60, the Marico stock price is projected to reach approximately ₹931.60 by the end of 2025, ₹1,074.90 by 2026, and ₹1,433.20 by 2027. These optimistic estimates are supported by Marico’s robust growth in its food and premium personal care segments, diversified international operations, and positive sentiment in the FMCG sector.
Should I sell my Marico shares?
Marico demonstrates strong fundamentals and a resilient strategy, with steady growth in core and new business areas like food and personal care. It has outperformed the broader market in the past year and remains well-positioned for mid- to long-term growth. Given its established brands, international footprint, and consistent dividend record, holding Marico shares could be a prudent approach for investors seeking stability and growth in the FMCG sector.
How are dividends from Marico stock taxed in India?
Dividends received from Marico shares are taxable in India according to the investor’s income tax slab, with no separate dividend distribution tax applied at the company level. There is a mandatory TDS (Tax Deducted at Source) of 10% if total dividend receipts exceed ₹5,000 in a financial year. Capital gains from selling Marico shares are taxed separately based on holding period, following the standard Indian equity tax rules.
What is the latest dividend for Marico stock?
Marico currently pays regular dividends. The latest dividend declared is a final dividend of ₹7.00 per share (record date: August 1, 2025, payment by September 7, 2025). Earlier this year, Marico paid an interim dividend of ₹3.50 per share, bringing the total for FY25 to ₹10.00 per share. Marico’s ongoing commitment to annual dividends reflects its stable cash flow and shareholder-friendly distribution policy, with a steady history of payouts.
What is the forecast for Marico stock in 2025, 2026, and 2027?
Based on current levels of ₹716.60, the Marico stock price is projected to reach approximately ₹931.60 by the end of 2025, ₹1,074.90 by 2026, and ₹1,433.20 by 2027. These optimistic estimates are supported by Marico’s robust growth in its food and premium personal care segments, diversified international operations, and positive sentiment in the FMCG sector.
Should I sell my Marico shares?
Marico demonstrates strong fundamentals and a resilient strategy, with steady growth in core and new business areas like food and personal care. It has outperformed the broader market in the past year and remains well-positioned for mid- to long-term growth. Given its established brands, international footprint, and consistent dividend record, holding Marico shares could be a prudent approach for investors seeking stability and growth in the FMCG sector.
How are dividends from Marico stock taxed in India?
Dividends received from Marico shares are taxable in India according to the investor’s income tax slab, with no separate dividend distribution tax applied at the company level. There is a mandatory TDS (Tax Deducted at Source) of 10% if total dividend receipts exceed ₹5,000 in a financial year. Capital gains from selling Marico shares are taxed separately based on holding period, following the standard Indian equity tax rules.
