fmcg

Marico

MARICO · Nifty 50

805

Price 2026-06-17

BROAD EXPANSION73% confidence

At a Glance

Sector Positionfmcg sector. Flow: neutral. is not among current leaders. Regime: BROAD EXPANSION (73%).
Fundamental Score80/100 (STRONG). 1 positive flags, 2 concerns.
Historical Context29 similar technical setups. Average outcome: -5.0% decline. 0% positive.

Fundamental

80/100

STRONG

Trust

95/100

Verification

Coverage

44/100

LIMITED

Quick Take

Marico scores 80/100 on fundamentals (strong). Marico: BROAD EXPANSION regime.

Fundamental Score: 80/100 · STRONG · 0 signals detected

DuPont Analysis

ROE 41.9% broken into three drivers. Each shows how efficiently the company generates returns.

ROE41.9%=
13.0%Net Margin
×
1.4xTurnover
×
2.4xLeverage

ROE of 41.87% is strong efficiency-driven and stable. Net margin of 13.0% × asset turnover of 1.35x × leverage of 2.4x.

What This Means

Net margin of 13.0% means the company keeps ₹13.0 as profit for every ₹100 of revenue. This is a healthy margin. Asset turnover of 1.35x means the company efficiently uses its assets to generate revenue. Leverage of 2.4x means the company uses moderate debt. Returns are primarily driven by operations, not borrowing.

Margin Structure

Gross

44.5%

Operating

17.1%

Net

13.0%

declining

Gross margin 44.5% → operating margin 17.1% → net margin 13.0%. Margins are DECLINING. Check if input costs are rising or competition is pressuring pricing.

Financial Health

Earnings Quality

ADEQUATE

Cash flow covers net income 1.2x — earnings are ADEQUATE quality. Cash conversion is reasonable.

Debt Sustainability

COMFORTABLE

Interest covered 44.0x — very comfortable. Debt service is not a concern. Debt/EBITDA at 0.2x is low — balance sheet has capacity.

Free Cash Flow

STRONG

FCF margin at 13.0% — strong cash generation. Business is self-funding.

Peer Comparison

Marico is compared against 10 peers in the fmcg sector.

Key Watchpoints

🟢

Breaks above ₹845 (+5%)

Trend reversal confirmation

🔴

Breaks below ₹765 (-5%)

Further downside risk

🟢

Fmcg sector entering leadership

Sector rotation signal

Risk Flags

🔴 1 Critical⚠️ 1 Warning1 Positive3 total flags
🔴Cash covers only 10% of current liabilities
Balance Sheet

Liquidity squeeze. Company may struggle to meet short-term obligations without refinancing.

⚠️64% of debt is short-term
Balance Sheet

High refinancing risk. Company needs to roll over debt frequently. Vulnerable to credit market freezes.

High promoter holding: 59%
Governance

Strong insider alignment. Promoters have significant skin in the game.

⚠️ 1 critical + 1 warning flags. Exercise caution.

Data Quality

95/100All ratios self-computed from verified sources. 🟢 5 years of financial data — sufficient for trend analysis

News Correlation

margin pressure (4)management outlook (4)
Our margin analysis (declining) matches news reports of cost/margin pressure

50 articles scanned for fundamental themes

Facts

P/E Ratio
60.2UNAVAILABLE
P/B Ratio
25.0HIGH
Market Cap
₹10613856.0L CrHIGH
From 52W High
95% of high
Sector Peers
10
Marico Stock Analysis, Valuation, Fundamentals & Intelligence | FynSight