Marico Share Price Target 2025, 2026, 2027, 2028, 2029, 2030

By Suraj Sharma

Updated on:

Marico Share Price Target

Here, we are going to discuss Marico Share Price Target 2025, 2026, 2027, 2028, 2030, 2035, 2040 on the basis of its fundamental and technical analysis.

Marico Limited is a leading Indian consumer goods company that has made a significant impact in the health, beauty, and wellness sectors.

Established in 1990, Marico has grown into one of India’s most trusted and recognizable brands, with a strong presence in over 25 countries across Asia and Africa.

The company’s portfolio includes market-leading products in the categories of edible oils, hair care, skincare, and grooming.

Marico Share Key Information

Company NameMarico Ltd
HeadquartersMumbai
SectorsConsumer Foods
Market Cap₹ 88,560.02 Cr.
No. of Shares129.47 Cr.
Book Value₹23.73
Dividend Yield1.39%
ROCE38.47%
ROE30.10%
Face Value₹1
Debt to Equity0.03%

Marico Business Sectors

Marico operates primarily in the FMCG (Fast-Moving Consumer Goods) sector, focusing on two key areas:

Consumer Products: This includes a range of well-known brands across categories such as hair care, skincare, edible oils, and personal care.

Hair Care: Brands like Parachute (coconut oil), Hair & Care, and Livon dominate the market.

Skincare: Marico offers products under the Kaya Skin Clinic and Nihar Naturals brands.

Edible Oils: Saffola, a popular brand of healthy cooking oils, is one of the company’s flagship products, known for its focus on heart health.

Grooming: In the male grooming segment, Marico offers Set Wet and Beardo, which cater to a younger, style-conscious demographic.

International Business: Marico has expanded its footprint beyond India to markets such as Bangladesh, Middle East, and South Africa, with brands like Parachute and HairCode gaining popularity.

Marico Share Quarterly Results

PARTICULARSMar 2024Jun 2024
Net Sales 1,6371,886
Total Expenditure 1,3401,458
Operating Profit 297428
Other Income 2818
Interest 75
Depreciation 2728
Exceptional Items 00
Profit Before Tax 291413
Tax 62102
Profit After Tax 229311
Adjusted EPS (Rs) 1.782.41

Marico Profits and Losses

PARTICULARSMar 2023Mar 2024
Net Sales 7,4787,002
Total Expenditure 6,1745,610
Operating Profit 1,3041,392
Other Income 333149
Interest 3632
Depreciation 109107
Exceptional Items 00
Profit Before Tax 1,4921,402
Tax 313324
Net Profit 1,1791,078
Adjusted EPS (Rs.) 9.148.36

Marico Share Price Target 2025-2030

YearInitial TargetYear-End Target
2025₹665.95₹691.20
2026₹692.20₹717.85
2027₹718.60₹744.15
2028₹745.10₹770.40
2029₹771.50₹816.50
2030₹821.50₹926.50

Marico Share Price Target 2025

January 2025 665.95
February 2025 661.05
March 2025 658.75
April 2025 667.90
May 2025 686.40
June 2025 689.10
July 2025 703.20
August 2025 703.50
September 2025 703.40
October 2025 694.35
November 2025 689.55
December 2025 691.20

Marico Share Price Target 2026

January 2026 692.20
February 2026 687.35
March 2026 685.60
April 2026 694.45
May 2026 712.45
June 2026 715.55
July 2026 729.30
August 2026 729.90
September 2026 729.90
October 2026 721.05
November 2026 716.25
December 2026 717.85

Marico Share Price Target 2027

January 2027 718.60
February 2027 713.75
March 2027 712.45
April 2027 720.45
May 2027 739.25
June 2027 741.90
July 2027 755.45
August 2027 756.25
September 2027 756.40
October 2027 747.25
November 2027 742.90
December 2027 744.15

Marico Share Price Target 2028

January 2028 745.10
February 2028 740.30
March 2028 738.75
April 2028 746.50
May 2028 766.05
June 2028 768.50
July 2028 781.95
August 2028 782.80
September 2028 782.50
October 2028 773.05
November 2028 769.30
December 2028 770.40

Marico Share Price Target 2029

January 2029 771.50
February 2029 766.80
March 2029 765.45
April 2029 773.35
May 2029 792.55
June 2029 794.55
July 2029 808.40
August 2029 809.20
September 2029 808.70
October 2029810.15
November 2029812.30
December 2029816.50

Marico Share Price Target 2030

January 2030 821.50
February 2030 826.80
March 2030 836.45
April 2030 833.35
May 2030 842.55
June 2030 854.55
July 2030 858.40
August 2030 869.20
September 2030 878.70
October 2030890.15
November 2030912.30
December 2030926.50

Marico Share Holdings Pattern

TermsJun 2023Jun 2024
Promoters59.41%59.28%
FIIs24.96%24.61%
DIIs10.20%11.10%
Government0.10%0.10%
Public5.20%4.80%
No. of Shareholders3,30,9072,99,154

Competitors of Marico Ltd

  • Nestle
  • Varun Beverages
  • Jubilant FoodWorks
  • Devyani International
  • Zydus Wellness

Reasons to Invest in Marico Share for Future

Company Performance: Marico is a leading consumer goods company in India with a strong presence in sectors like personal care, hair oils, skincare, and edible oils. Popular brands include Parachute, Saffola, and Set Wet. Its consistent revenue growth and profitability over the years make it an attractive stock for long-term investors.

Growth Potential:

  • Expansion in International Markets: Marico has been expanding its footprint in emerging markets such as Southeast Asia, Middle East, and Africa. This global presence reduces its reliance on the Indian market alone.
  • Diversification: It is investing in health and wellness categories like oats and honey through the Saffola brand, which taps into the growing demand for healthy food options.

Financial Stability: Marico has shown consistent profitability, with low debt and a healthy dividend yield. Its revenue from FMCG products provides stability even during economic downturns, making it a good defensive stock.

Stock Price Trend: Based on stock forecasts, Marico’s share price is expected to gradually increase over the coming years, with projections indicating growth until 2030.

Risks to Consider:

  • Competitive Market: The Indian FMCG market is highly competitive, with both domestic and international players.
  • Inflation and Raw Material Costs: Rising costs of raw materials, particularly edible oils, can impact profit margins.
  • Regulatory Risks: Changes in government regulations, especially related to health and safety in the food sector, could affect certain product categories.

Should You Invest?

If you are looking for steady long-term growth, Marico can be a good investment due to its strong brand portfolio, consistent financials, and expansion plans. However, like any investment, it’s important to consider your risk tolerance and investment horizon. You may want to diversify your portfolio to mitigate risks.

It’s always advisable to consult with a financial advisor before making any investment decisions based on your specific financial goals.

Marico Share Price Target: FAQ

What will be the target of Marico Share for the year 2025?

By the end of the year 2025, its share price can reach ₹691.20.

What will be the target of Marico Share for the year 2026?

By the end of the year 2026, its share price can reach ₹717.85.

What will be the target of Marico Share for the year 2027?

By the end of the year 2027, its share price can reach ₹744.15.

What will be the target of Marico Share for the year 2028?

By the end of the year 2028, its share price can reach ₹770.40.

What will be the target of Marico Share for the year 2029?

By the end of the year 2029, its share price can reach ₹816.50.

What will be the target of Marico Share for the year 2030?

By the end of the year 2030 its share price can reach ₹926.50.

What is the Current market cap of Marico company?

At present the market cap of this company is ₹ 88,560.02 Cr.

What is the NSE symbol of Marico company?

The symbol of this company in NSE exchange is MARICO.

What is the BSE symbol of Marico company?

The symbol of this company in BSE exchange is 531642.

Suraj Sharma

SK Sharma is a senior content writer with 5 years of experience, having worked with top media outlets like Network 18 and Dainik Bhaskar. He holds a Post Graduate Diploma in English Journalism and currently writes full-time for Techiesk.

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