
About Marico Limited
Data last updated:
Marico Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the hair care products segment of the FMCG sector. It was incorporated on 13 October 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L15140MH1988PLC049208. Its GSTIN is 27AAACM7493G1Z7 (Maharashtra). The company holds 43 GST registrations, of which 32 are active. Its shares are listed on BSE: 531642 and NSE: MARICO.
The company has an authorised share capital of ₹295 Cr and a paid-up capital of ₹129.84 Cr. It was formerly known as Marico Foods Limited. It is led by directors including Saugata Gupta (Managing Director) and Rishabh Harsh Mariwala.
Its last annual general meeting (AGM) was held on 08 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Marico Limited 7th Floor Grande Palladium 175 Cst Road Kalina Santacruz (East), Mumbai, Maharashtra, India – 400098.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹15,622 Cr, a growth of 24.5% compared to the previous year. For the same year it recorded a net profit of ₹1,752.09 Cr (net margin 11.2%) and EBITDA of ₹2,328 Cr (EBITDA margin 14.9%). The net worth stands at ₹4,210 Cr (up 5.9% YoY). Total assets are valued at ₹6,030 Cr (down 0.5% YoY).
The company has about 1,832 employees on its provident fund (EPFO) records. Its group structure includes 6 subsidiaries.
The company is associated with 7 brands, including Saffola Life, Parachute Advansed, Saffola, Beardo, Set Wet and others. As per MCA filings, the company has open charges of ₹2.3 Cr and satisfied charges of ₹765.79 Cr on record. Court records list 592 cases involving the company, including 466 filed by the company and 99 filed against it; 128 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marico.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressMarico Limited 7th Floor Grande Palladium 175 Cst Road Kalina Santacruz (East), Mumbai, Maharashtra, India – 400098
- IndustryFMCG, Hair Care Products
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
CIN History of Marico Limited
Marico has one previous CIN (Corporate Identification Number): U15140MH1988PLC049208. The current CIN is L15140MH1988PLC049208, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15140MH1988PLC049208 | Current |
| U15140MH1988PLC049208 | Previous |
Associated Brands with Marico Limited
Marico operates multiple associated brands including Saffola Life, Parachute Advansed, and Saffola. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces and distributes processed foods, including oil, oats, and salt. | saffolalife.com | |
| Sells natural ingredient-enriched hair oils to address common hair problems. | parachuteadvansed.com | |
| Edible oils, honey, and oats production for health-focused products. | saffola.in | |
| Men's grooming products are offered online by Beardo. | beardo.in | |
| Men's grooming products including hair gels and fragrances are offered. | setwet.com | |
| Health, beauty, and wellness consumer brands are manufactured. | marico.com | |
| Ayurvedic skin care products are manufactured and marketed. | justherbs.in |
Competitors & Alternatives of Marico Limited
Brands and companies operating in the same space as Marico Limited include Bombay Shaving, The Man Company, Man Matters and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
| | Online brand offering mens grooming products | Gurugram, India | 2015 |
| | Multi-category organic grooming products for men are offered online. | Gurugram, India | 2015 |
| | Internet first brand offering beauty and wellness products for men | Thane, India | 2020 |
| | Multi-category beauty care products are sold online by Arata. | Delhi, India | 2017 |
| | Provider of hair care products formulated for curly, wavy, and coily hair | Gurugram, India | 2019 |
| | Brand of organic packaged food, beverage, and cooking products | Hyderabad, India | 2004 |
| | Processor, marketer, and supplier of edible oils | Ahmedabad, India | 2014 |
| | Multi-category ayurvedic beauty and wellness products are offered online. | Gurugram, India | 2021 |
| | Online brand offering hair care products | Delhi, India | 2022 |
| | Men's grooming products are offered via an internet-first brand. | Gurugram, India | 2015 |
Business Activity of Marico Limited
The main business activity of Marico is manufacturing. In detail, this covers food, beverages and tobacco products and other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Marico Limited
Marico Limited is audited by B S R & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Marico Limited
Marico has 13 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saugata Gupta Also directs: Marico Innovation Foundation, Ashok Leyland Limited, The Advertising Standards Council of India and 1 more | Managing Director | 01 Apr 2014 | 12 Years 6 Months | Current |
| Rishabh Harsh Mariwala Also directs: Kaya Limited, Harsh Mariwala Enterprises LLP, Sharrp Ventures Capital Private Limited and 4 more | Director | 02 May 2017 | 9 Years 5 Months | Current |
| Ananth Sankaranarayanan Also directs: Bergwelt Capital LLP, Birlasoft Limited, Mensa Brand Technologies Private Limited and 5 more | Director | 26 Jun 2017 | 9 Years 3 Months | Current |
| Milind Gajanan Barve Also directs: Ask Investment Managers Limited | Director | 02 Aug 2021 | 5 Years 2 Months | Current |
| Rajeev Vasudeva Also directs: Pidilite Industries Limited | Director | 01 Nov 2021 | 4 Years 11 Months | Current |
| Apurva Purohit Also directs: Navin Fluorine International Limited, Leela Palaces Hotels & Resorts Limited, LTM Limited and 3 more | Director | 07 Apr 2022 | 4 Years 5 Months | Current |
Financials of Marico Limited FY 2025-26 filings available
Marico Limited reported revenue of ₹15,622 Cr (up 24.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 15,622 | 12,545 | 11,175 | 11,024 | 10,549 | 8,849 | 8,057 |
| Revenue growth | +24.5% | +12.3% | +1.4% | +4.5% | +19.2% | +9.8% | - |
| EBITDA | 2,328 | 2,139 | 2,026 | 1,810 | 1,681 | 1,589 | 1,440 |
| EBITDA margin | +14.9% | +17.1% | +18.1% | +16.4% | +15.9% | +18.0% | +17.9% |
| Profit before tax | 2,277 | 2,116 | 1,937 | 1,743 | 1,601 | 1,523 | 1,374 |
| Net profit | 1,752 | 1,604 | 1,469 | 1,281 | 1,225 | 1,162 | 1,043 |
| Net profit margin | +11.2% | +12.8% | +13.2% | +11.6% | +11.6% | +13.1% | +12.9% |
| EPS (₹) | 13.55 | 12.63 | 11.48 | 10.09 | 9.50 | 9.09 | 7.91 |
| Balance sheet | |||||||
| Total assets | 6,030 | 6,059 | 5,122 | 4,854 | 3,912 | 3,794 | 3,539 |
| Net worth | 4,210 | 3,975 | 3,832 | 3,799 | 3,348 | 3,240 | 3,023 |
| Total debt | 557 | 554 | 528 | 608 | 479 | 511 | 338 |
| Cash & bank | 493 | 777 | 943 | 756 | 579 | 944 | 279 |
| Net working capital | 241 | 1,677 | 1,724 | 1,328 | 1,099 | 1,076 | 1,096 |
| Cash flow | |||||||
| Cash from operations | 2,084 | 1,363 | 1,387 | 1,419 | 1,016 | 2,007 | 1,214 |
| Cash from investing | (722) | (621) | 176 | (928) | 441 | (933) | (22.00) |
| Cash from financing | (1,279) | (649) | (1,542) | (560) | (1,290) | (1,058) | (1,147) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,957 | 3,301 | 3,537 | 3,482 | 3,221 | 2,730 | 2,794 | 2,664 |
| Revenue growth (YoY) | +22.9% | +20.9% | +26.6% | +30.7% | +21.9% | - | - | - |
| Other income | 48.00 | 60.00 | 39.00 | 49.00 | 56.00 | 47.00 | 42.00 | 82.00 |
| EBITDA | 819 | 521 | 592 | 560 | 655 | 458 | 533 | 522 |
| EBITDA margin | +20.7% | +15.8% | +16.7% | +16.1% | +20.3% | +16.8% | +19.1% | +19.6% |
| Depreciation | 56.00 | 60.00 | 50.00 | 47.00 | 45.00 | 52.00 | 44.00 | 41.00 |
| Interest | 21.00 | 17.00 | 14.00 | 12.00 | 10.00 | 12.00 | 13.00 | 11.00 |
| Profit before tax | 790 | 504 | 567 | 550 | 656 | 441 | 518 | 552 |
| Tax | 138 | 96.00 | 107 | 118 | 143 | 96.00 | 112 | 119 |
| Net profit | 652 | 408 | 460 | 432 | 513 | 345 | 406 | 433 |
| EPS (₹) | 4.85 | 3.03 | 3.44 | 3.24 | 3.89 | 2.65 | 3.07 | 3.26 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 9,402 | 7,680 | 8,272 | 8,467 | 8,305 | 6,337 | 5,853 |
| Revenue growth | +22.4% | -7.2% | -2.3% | +2.0% | +31.1% | +8.3% | - |
| EBITDA | 1,441 | 1,425 | 1,406 | 1,309 | 1,183 | 1,094 | 1,101 |
| EBITDA margin | +15.3% | +18.6% | +17.0% | +15.5% | +14.2% | +17.3% | +18.8% |
| Profit before tax | 2,259 | 1,865 | 1,402 | 1,492 | 1,413 | 1,311 | 1,261 |
| Net profit | 1,939 | 1,495 | 1,066 | 1,179 | 1,163 | 1,155 | 1,022 |
| Net profit margin | +20.6% | +19.5% | +12.9% | +13.9% | +14.0% | +18.2% | +17.5% |
| EPS (₹) | 14.93 | 11.78 | 8.36 | 9.14 | 9.02 | 8.57 | 7.81 |
| Balance sheet | |||||||
| Total assets | 6,007 | 4,968 | 3,838 | 3,856 | 3,262 | 3,318 | 3,115 |
| Net worth | 5,808 | 4,676 | 3,597 | 3,677 | 3,049 | 3,035 | 2,888 |
| Total debt | 180 | 275 | 230 | 166 | 199 | 269 | 110 |
| Cash & bank | 113 | 128 | 36.00 | 149 | 295 | 711 | 80.00 |
| Net working capital | 892 | 1,272 | 1,204 | 1,066 | 929 | 1,017 | 999 |
| Cash flow | |||||||
| Cash from operations | 1,609 | 1,103 | 1,044 | 1,002 | 656 | 1,564 | 970 |
| Cash from investing | (534) | (631) | 167 | (346) | 626 | (583) | 128 |
| Cash from financing | (1,004) | (460) | (1,194) | (676) | (1,267) | (992) | (1,081) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,794 | 2,272 | 2,461 | 2,439 | 2,349 | 1,870 | 1,988 | 1,860 |
| Revenue growth (YoY) | +18.9% | +21.5% | +23.8% | +31.1% | +24.6% | - | - | - |
| Other income | 53.00 | 166 | 177 | 171 | 473 | 149 | 122 | 302 |
| Total expenses | 2,251 | 1,978 | 2,089 | 2,092 | 1,902 | 1,558 | 1,630 | 1,515 |
| EBITDA | 543 | 294 | 372 | 347 | 447 | 312 | 358 | 345 |
| EBITDA margin | +19.4% | +12.9% | +15.1% | +14.2% | +19.0% | +16.7% | +18.0% | +18.5% |
| Depreciation | 37.00 | 45.00 | 34.00 | 33.00 | 31.00 | 38.00 | 30.00 | 28.00 |
| Interest | 10.00 | 8.00 | 7.00 | 7.00 | 6.00 | 5.00 | 6.00 | 7.00 |
| Profit before tax | 549 | 407 | 508 | 478 | 883 | 418 | 444 | 612 |
| Tax | 89.00 | 63.00 | 67.00 | 83.00 | 110 | 93.00 | 75.00 | 83.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,957 | 3,301 | 3,537 | 3,482 | 3,221 | 2,730 | 2,794 | 2,664 |
| Revenue growth (YoY) | +22.9% | +20.9% | +26.6% | +30.7% | +21.9% | - | - | - |
| Other income | 48.00 | 60.00 | 39.00 | 49.00 | 56.00 | 47.00 | 42.00 | 82.00 |
| EBITDA | 819 | 521 | 592 | 560 | 655 | 458 | 533 | 522 |
| EBITDA margin | +20.7% | +15.8% | +16.7% | +16.1% | +20.3% | +16.8% | +19.1% | +19.6% |
| Depreciation | 56.00 | 60.00 | 50.00 | 47.00 | 45.00 | 52.00 | 44.00 | 41.00 |
| Interest | 21.00 | 17.00 | 14.00 | 12.00 | 10.00 | 12.00 | 13.00 | 11.00 |
| Profit before tax | 790 | 504 | 567 | 550 | 656 | 441 | 518 | 552 |
| Tax | 138 | 96.00 | 107 | 118 | 143 | 96.00 | 112 | 119 |
| Net profit | 652 | 408 | 460 | 432 | 513 | 345 | 406 | 433 |
| EPS (₹) | 4.85 | 3.03 | 3.44 | 3.24 | 3.89 | 2.65 | 3.07 | 3.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 15,622 | 12,545 | 11,175 | 11,024 | 10,549 | 8,849 | 8,057 |
| Revenue growth | +24.5% | +12.3% | +1.4% | +4.5% | +19.2% | +9.8% | - |
| Other income | 204 | 208 | 142 | 144 | 98.00 | 107 | 124 |
| Total expenses | 13,294 | 10,406 | 9,149 | 9,214 | 8,868 | 7,260 | 6,617 |
| Employee cost | 916 | 831 | 743 | 653 | 586 | 570 | 478 |
| EBITDA | 2,328 | 2,139 | 2,026 | 1,810 | 1,681 | 1,589 | 1,440 |
| EBITDA margin | +14.9% | +17.1% | +18.1% | +16.4% | +15.9% | +18.0% | +17.9% |
| Depreciation | 202 | 178 | 158 | 155 | 139 | 139 | 140 |
| Interest | 53.00 | 53.00 | 73.00 | 56.00 | 39.00 | 34.00 | 50.00 |
| Profit before tax | 2,277 | 2,116 | 1,937 | 1,743 | 1,601 | 1,523 | 1,374 |
| Tax | 464 | 458 | 435 | 421 | 346 | 324 | 331 |
| Net profit | 1,752 | 1,604 | 1,469 | 1,281 | 1,225 | 1,162 | 1,043 |
| Net profit margin | +11.2% | +12.8% | +13.2% | +11.6% | +11.6% | +13.1% | +12.9% |
| EPS (₹) | 13.55 | 12.63 | 11.48 | 10.09 | 9.50 | 9.09 | 7.91 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 130 | 129 | 129 | 129 | 129 | 129 | 129 |
| Reserves & surplus | 4,080 | 3,845 | 3,703 | 3,670 | 3,219 | 3,151 | 2,921 |
| Shareholders' funds (net worth) | 4,210 | 3,975 | 3,832 | 3,799 | 3,348 | 3,240 | 3,023 |
| Minority interest | 284 | 291 | 337 | 157 | 57.00 | 18.00 | 13.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 557 | 554 | 528 | 608 | 479 | 511 | 338 |
| Total debt | 557 | 554 | 528 | 608 | 479 | 511 | 338 |
| Total liabilities | 6,030 | 6,059 | 5,122 | 4,854 | 3,912 | 3,794 | 3,539 |
| Assets | |||||||
| Gross block | 4,560 | 3,536 | 3,584 | 3,015 | 2,523 | 2,204 | 1,940 |
| Net block | 3,633 | 2,758 | 2,724 | 2,246 | 1,760 | 1,612 | 1,396 |
| Capital work in progress | 85.00 | 40.00 | 44.00 | 67.00 | 39.00 | 24.00 | 58.00 |
| Investments | 2,083 | 1,590 | 602 | 1,096 | 828 | 854 | 733 |
| Inventories | 1,611 | 1,235 | 1,336 | 1,225 | 1,412 | 1,126 | 1,380 |
| Sundry debtors | 1,304 | 1,271 | 1,069 | 1,015 | 652 | 388 | 539 |
| Cash & bank balances | 493 | 777 | 943 | 756 | 579 | 944 | 279 |
| Loans & advances | 504 | 419 | 396 | 246 | 221 | 250 | 323 |
| Total current assets | 3,912 | 3,702 | 3,744 | 3,242 | 2,864 | 2,708 | 2,521 |
| Total current liabilities | 3,671 | 2,025 | 2,020 | 1,914 | 1,765 | 1,632 | 1,425 |
| Net working capital | 241 | 1,677 | 1,724 | 1,328 | 1,099 | 1,076 | 1,096 |
| Total assets | 6,030 | 6,059 | 5,122 | 4,854 | 3,912 | 3,794 | 3,539 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 321 | 228 | 207 | 276 | 109 | 93.00 | 48.00 |
| Net cash from operating activities | 2,084 | 1,363 | 1,387 | 1,419 | 1,016 | 2,007 | 1,214 |
| Net cash from investing activities | (722) | (621) | 176 | (928) | 441 | (933) | (22.00) |
| Net cash from financing activities | (1,279) | (649) | (1,542) | (560) | (1,290) | (1,058) | (1,147) |
| Net change in cash | 83.00 | 93.00 | 21.00 | (69.00) | 167 | 16.00 | 45.00 |
| Closing cash | 493 | 777 | 943 | 756 | 579 | 944 | 279 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +24.5% | +12.3% | +1.4% | +4.5% | +19.2% | +9.8% | - |
| EBITDA growth | +8.8% | +5.6% | +11.9% | +7.7% | +5.8% | +10.4% | - |
| PBT growth | +7.6% | +9.2% | +11.1% | +8.9% | +5.1% | +10.8% | +9.3% |
| Net income growth | +9.2% | +9.2% | +14.7% | +4.6% | +5.4% | +11.4% | - |
| Revenue CAGR (3Y) | +12.3% | +6.0% | +8.1% | +11.0% | +9.9% | +8.9% | +10.8% |
| EBITDA CAGR (3Y) | +8.8% | +8.4% | +8.4% | +7.9% | +8.3% | +11.8% | +7.5% |
| Profitability & leverage | |||||||
| Net income margin | +11.6% | +13.2% | +13.4% | +12.0% | +11.9% | +13.6% | +13.0% |
| Return on capital employed | +40.5% | +41.1% | +42.4% | +42.1% | +43.0% | +42.7% | +40.6% |
| Return on net worth | +44.3% | +42.5% | +39.4% | +37.0% | +38.1% | +38.3% | +34.8% |
| Debt / equity | 0.14 | 0.14 | 0.15 | 0.15 | 0.15 | 0.14 | 0.12 |
| Long-term debt / equity | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.00 |
| Interest cover | 2.49 | 2.70 | 3.91 | 3.38 | 2.53 | 2.34 | 3.85 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.86 | 3.52 | 3.39 | 3.98 | 4.46 | 4.27 | 4.39 |
| Inventory turnover | 10.98 | 9.76 | 8.73 | 8.36 | 8.31 | 7.06 | 5.77 |
| Debtors turnover | 12.13 | 10.72 | 10.72 | 13.23 | 20.29 | 19.09 | 15.26 |
| EPS (₹) | 13.55 | 12.63 | 11.48 | 10.09 | 9.50 | 9.09 | 7.91 |
| Dividend per share (₹) | 4.00 | 10.50 | 9.50 | 4.50 | 9.25 | 7.50 | 6.75 |
| Book value per share (₹) | 32.38 | 30.81 | 29.71 | 29.45 | 25.95 | 25.43 | 23.64 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,794 | 2,272 | 2,461 | 2,439 | 2,349 | 1,870 | 1,988 | 1,860 |
| Revenue growth (YoY) | +18.9% | +21.5% | +23.8% | +31.1% | +24.6% | - | - | - |
| Other income | 53.00 | 166 | 177 | 171 | 473 | 149 | 122 | 302 |
| Total expenses | 2,251 | 1,978 | 2,089 | 2,092 | 1,902 | 1,558 | 1,630 | 1,515 |
| EBITDA | 543 | 294 | 372 | 347 | 447 | 312 | 358 | 345 |
| EBITDA margin | +19.4% | +12.9% | +15.1% | +14.2% | +19.0% | +16.7% | +18.0% | +18.5% |
| Depreciation | 37.00 | 45.00 | 34.00 | 33.00 | 31.00 | 38.00 | 30.00 | 28.00 |
| Interest | 10.00 | 8.00 | 7.00 | 7.00 | 6.00 | 5.00 | 6.00 | 7.00 |
| Profit before tax | 549 | 407 | 508 | 478 | 883 | 418 | 444 | 612 |
| Tax | 89.00 | 63.00 | 67.00 | 83.00 | 110 | 93.00 | 75.00 | 83.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 9,402 | 7,680 | 8,272 | 8,467 | 8,305 | 6,337 | 5,853 |
| Revenue growth | +22.4% | -7.2% | -2.3% | +2.0% | +31.1% | +8.3% | - |
| Other income | 987 | 589 | 135 | 328 | 357 | 346 | 306 |
| Total expenses | 7,961 | 6,255 | 6,866 | 7,158 | 7,122 | 5,243 | 4,752 |
| Employee cost | 579 | 517 | 463 | 409 | 372 | 374 | 308 |
| EBITDA | 1,441 | 1,425 | 1,406 | 1,309 | 1,183 | 1,094 | 1,101 |
| EBITDA margin | +15.3% | +18.6% | +17.0% | +15.5% | +14.2% | +17.3% | +18.8% |
| Depreciation | 142 | 125 | 107 | 109 | 97.00 | 107 | 113 |
| Interest | 27.00 | 24.00 | 32.00 | 36.00 | 30.00 | 22.00 | 33.00 |
| Profit before tax | 2,259 | 1,865 | 1,402 | 1,492 | 1,413 | 1,311 | 1,261 |
| Tax | 318 | 346 | 324 | 313 | 250 | 205 | 254 |
| Net profit | 1,939 | 1,495 | 1,066 | 1,179 | 1,163 | 1,155 | 1,022 |
| Net profit margin | +20.6% | +19.5% | +12.9% | +13.9% | +14.0% | +18.2% | +17.5% |
| EPS (₹) | 14.93 | 11.78 | 8.36 | 9.14 | 9.02 | 8.57 | 7.81 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 130 | 129 | 129 | 129 | 129 | 129 | 129 |
| Reserves & surplus | 5,678 | 4,547 | 3,468 | 3,548 | 2,920 | 2,946 | 2,786 |
| Shareholders' funds (net worth) | 5,808 | 4,676 | 3,597 | 3,677 | 3,049 | 3,035 | 2,888 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 180 | 275 | 230 | 166 | 199 | 269 | 110 |
| Total debt | 180 | 275 | 230 | 166 | 199 | 269 | 110 |
| Total liabilities | 6,007 | 4,968 | 3,838 | 3,856 | 3,262 | 3,318 | 3,115 |
| Assets | |||||||
| Gross block | 1,583 | 1,414 | 1,353 | 1,261 | 1,239 | 1,109 | 1,118 |
| Net block | 946 | 868 | 736 | 704 | 667 | 669 | 701 |
| Capital work in progress | 78.00 | 33.00 | 38.00 | 32.00 | 27.00 | 14.00 | 55.00 |
| Investments | 3,716 | 2,543 | 1,617 | 1,825 | 1,372 | 1,343 | 1,093 |
| Inventories | 1,037 | 818 | 936 | 895 | 1,093 | 873 | 1,165 |
| Sundry debtors | 790 | 962 | 870 | 838 | 555 | 310 | 465 |
| Cash & bank balances | 113 | 128 | 36.00 | 149 | 295 | 711 | 80.00 |
| Loans & advances | 564 | 356 | 489 | 417 | 220 | 287 | 310 |
| Total current assets | 2,504 | 2,264 | 2,331 | 2,299 | 2,163 | 2,181 | 2,020 |
| Total current liabilities | 1,612 | 992 | 1,127 | 1,233 | 1,234 | 1,164 | 1,021 |
| Net working capital | 892 | 1,272 | 1,204 | 1,066 | 929 | 1,017 | 999 |
| Total assets | 6,007 | 4,968 | 3,838 | 3,856 | 3,262 | 3,318 | 3,115 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 41.00 | 29.00 | 11.00 | 31.00 | 16.00 | 27.00 | 10.00 |
| Net cash from operating activities | 1,609 | 1,103 | 1,044 | 1,002 | 656 | 1,564 | 970 |
| Net cash from investing activities | (534) | (631) | 167 | (346) | 626 | (583) | 128 |
| Net cash from financing activities | (1,004) | (460) | (1,194) | (676) | (1,267) | (992) | (1,081) |
| Net change in cash | 71.00 | 12.00 | 17.00 | (20.00) | 15.00 | (11.00) | 17.00 |
| Closing cash | 113 | 128 | 36.00 | 149 | 295 | 711 | 80.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +22.4% | -7.2% | -2.3% | +2.0% | +31.1% | +8.3% | - |
| EBITDA growth | +1.1% | +1.4% | +7.4% | +10.7% | +8.1% | -0.6% | - |
| PBT growth | +21.1% | +33.0% | -6.0% | +5.6% | +7.8% | +4.0% | +6.6% |
| Net income growth | +29.7% | +40.2% | -9.5% | +1.4% | +0.7% | +13.0% | - |
| Revenue CAGR (3Y) | +3.6% | -2.6% | +9.3% | +13.1% | +11.6% | +7.0% | +6.5% |
| EBITDA CAGR (3Y) | +3.3% | +6.4% | +8.7% | +5.9% | +5.4% | +10.5% | +4.8% |
| Profitability & leverage | |||||||
| Net income margin | +20.6% | +19.8% | +13.0% | +13.9% | +14.0% | +17.5% | +17.2% |
| Return on capital employed | +41.7% | +42.9% | +37.3% | +42.9% | +43.9% | +41.4% | +37.8% |
| Return on net worth | +37.0% | +36.7% | +29.6% | +35.1% | +38.2% | +37.4% | +31.6% |
| Debt / equity | 0.04 | 0.06 | 0.05 | 0.05 | 0.08 | 0.06 | 0.04 |
| Long-term debt / equity | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.00 |
| Interest cover | 2.08 | 1.85 | 2.46 | 3.00 | 2.76 | 2.23 | 3.34 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.27 | 5.55 | 6.33 | 6.77 | 7.07 | 5.69 | 5.61 |
| Inventory turnover | 10.14 | 8.76 | 9.04 | 8.52 | 8.45 | 6.22 | 4.88 |
| Debtors turnover | 10.73 | 8.38 | 9.69 | 12.16 | 19.20 | 16.35 | 13.08 |
| EPS (₹) | 14.93 | 11.78 | 8.36 | 9.14 | 9.02 | 8.57 | 7.81 |
| Dividend per share (₹) | 4.00 | 10.50 | 9.50 | 4.50 | 9.25 | 7.50 | 6.75 |
| Book value per share (₹) | 44.68 | 36.25 | 27.88 | 28.50 | 23.64 | 23.84 | 22.60 |
Shareholding Pattern of Marico Limited
Shareholding for the quarter ended Sep 2026: promoters hold 58.90%, foreign institutional investors hold 23.40%, domestic institutional investors hold 13.00% and retail and other public shareholders hold 4.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 58.90% | 58.90% | 58.90% | 58.90% |
| Public | 41.10% | 41.10% | 41.10% | 41.10% |
Group Structure of Marico Limited
Marico has 6 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Halite Personal Care India Private Limited | U24240MH2011PTC239427 | - |
| Hw Wellness Solutions Private Limited | U51900PN2013PTC149864 | - |
| Zed Lifestyle Private Limited | U74999GJ2016PTC091839 | - |
| Apcos Naturals Private Limited | U74999PB2018PTC048652 | - |
| Marico Innovation Foundation (Mif) | U93090MH2009NPL193455 | - |
| Parachute Kalpavriksha Foundation | U93090MH2018NPL318842 | - |
Showing major subsidiaries. Total: 6.
Charges & Borrowings of Marico Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2026 | Axis Bank Limited | ₹2.3 Cr | Open |
| 30 Jun 2011 | Hsbc Bank (Mauritius) Limited | ₹246.7 Cr | Satisfied |
| 06 Aug 2009 | Axis Trustee Services Limited | ₹30 Cr | Satisfied |
| 17 Sep 2008 | State Bank of India | ₹100 Cr | Satisfied |
| 23 Nov 2007 | Standard Chartered Bank | ₹60 Cr | Satisfied |
Total charge records: 14 View all charges
Employees and EPFO Compliance at Marico Limited
Marico Limited has a workforce of 1,832 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Marico Limited
Marico has 43 GST registrations: 32 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM7493G1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACM7493G2Z6 | Maharashtra | Active | 06 Jul 2017 |
| 02AAACM7493G2ZI | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAACM7493G1ZH | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Marico Limited
Marico Limited has 592 court cases on record: 466 filed by Marico, 99 filed against it, 27 where it is another party. 128 cases are pending and 464 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 464 | 67 | 104 |
| District courts | 125 | 30 | 24 |
| Supreme Court | 3 | 2 | 0 |
Cases on record (5 of 592)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against Sundrop Brands Limited | Pending |
| Bombay High Court | Court case (CRR) | Filed by the company against Manusona Industries Private Limited | Pending |
| Bombay High Court | Court case (CRR) | Filed by the company against My Recharge Private Limited | Pending |
| Bombay High Court | Court case (COMIP) | Filed by the company against K.L.F. Nirmal Industries Private Limited | Pending |
| Bombay High Court | Court case (COMIP) | Filed by the company against Essen Products India Limited | Pending |
Full case history
All 592 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit Ratings, Litigation & Regulatory Alerts for Marico Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Marico Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Marico Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Marico Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Marico Limited
Recent News on Marico Limited
Frequently Asked Questions about Marico Limited
Marico is an active public limited company based in Mumbai, Maharashtra, India. The company works in hair care products, within the FMCG industry. It was incorporated on 13 October 1988 (38+ years old) and is registered under CIN L15140MH1988PLC049208. Listed on BSE: 531642 and NSE: MARICO.
Marico reported revenue of ₹15,622 Cr for FY 2025-26 (up 24.5% YoY) based on consolidated financials.
Marico has 13 current directors:
- Saugata Gupta - Managing Director
- Rishabh Harsh Mariwala - Director
- Ananth Sankaranarayanan - Director
- Milind Gajanan Barve - Director
- Rajeev Vasudeva - Director
- Apurva Purohit - Director
- Harsh Charandas Mariwala - Director
- Rajendra Kishore Mariwala - Director
- Nikhil Khattau Nirvan - Director
- Nayantara Bali - Director
- Bhaskar Bhat - Director
- Rajan Bharti Mittal - Director
- Girish Srikrishna Paranjpe - Director
The GSTIN of Marico is 27AAACM7493G1Z7, registered in Maharashtra. The company has 43 GST registrations in all, of which 32 are active and 11 are cancelled or inactive. Other active GSTINs include 27AAACM7493G2Z6 (Maharashtra), 02AAACM7493G2ZI (Himachal Pradesh), 03AAACM7493G1ZH (Punjab).
The CIN (Corporate Identification Number) of Marico is L15140MH1988PLC049208. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Marico is listed on both BSE (code: 531642) and NSE (symbol: MARICO).
Marico has 592 court cases on record: 466 filed by the company and 99 filed against it. 128 are pending. Most are in the high courts.
Marico was incorporated on 13 October 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Marico can be reached through the website marico.com. Its registered office is in Mumbai, Maharashtra, India.