Marico Ltd stock : A Lucrative Investment Choice – Strong Financial Performance, Dividends & Shareholding

Marico Ltd stock : A Lucrative Investment Choice – Strong Financial Performance, Dividends & Shareholding
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Marico Ltd : Strong Quarterly Financial Performance (in crore)

Robust Revenue Growth: June ’23: Achieved Total Income of ₹2,523.00, indicating strong growth. March ’23: Reported Total Income at ₹2,308.00, showing consistent progress.

Impressive Income Growth: June ’23: Total Income Growth Percentage stood at an impressive 19.32%. March ’23: Total Income Growth Percentage demonstrated healthy growth at 8.05%.

Effective Cost Management: June ’23: Managed Total Expenses efficiently, totaling ₹1,939.00. March ’23: Controlled Total Expenses well at ₹1,890.00, showcasing prudent financial management.

Significant Earnings: June ’23: Achieved a noteworthy EBIT (Earnings Before Interest and Taxes) of ₹584.00, reflecting strong profitability. March ’23: Reported EBIT of ₹418.00, indicating positive financial performance.

Earnings Growth: June ’23: EBIT Growth Percentage surged impressively by 39.71%. March ’23: EBIT Growth Percentage continued to grow healthily at 8.53%.

Profit After Tax Surge: June ’23: Recorded a substantial PAT (Profit After Tax) of ₹427.00, highlighting a highly profitable quarter. March ’23: Achieved PAT of ₹302.00, showcasing positive financial results.

Improved Margins: June ’23: Demonstrated a strong EBIT Margin Percentage of 23.15%. March ’23: Maintained a healthy EBIT Margin Percentage at 18.11%, ensuring steady margins.

Enhanced Profitability: June ’23: Achieved a Net Profit Margin Percentage of 16.92%. March ’23: Demonstrated positive profitability with a Net Profit Margin Percentage of 13.08%.

Positive Earnings Per Share: June ’23: Reported a solid Basic EPS (Earnings Per Share) of ₹3.30, highlighting robust per-share earnings. March ’23: Achieved a Basic EPS of ₹2.34, indicating positive earnings growth.

These impressive financial results underscore Marico Ltd.’s strong performance, with significant growth in income, profitability, and earnings per share during the specified quarters.

Marico Ltd Dividend Announcements: Rewarding Shareholders Confidence

February 17, 2023: Announced a generous dividend of 450%. Ex-Date for this dividend was on March 08, 2023.

January 11, 2022: Demonstrated commitment to shareholders with a substantial dividend of 625%. Shareholders enjoyed the dividend’s benefits starting from the Ex-Date on February 04, 2022.

October 13, 2021: Showed appreciation for investor trust by declaring a dividend of 300%. The Ex-Date for this dividend was on November 08, 2021.

February 17, 2021: Consistently rewarding shareholders with a dividend payout of 450%. Shareholders benefited from this dividend starting on March 10, 2021.

October 13, 2020: Maintaining a commitment to shareholder value with a dividend of 300%. Investors received the dividend beginning from the Ex-Date on November 05, 2020.

These dividend announcements reflect Marico Ltd.’s dedication to sharing its success with shareholders and fostering trust and loyalty among its investors.

Marico Ltd Shareholding Breakdown:

Promoter Ownership:

Marico Ltd promoters hold a significant stake, with 76,83,77,740 shares, accounting for an impressive 59.42% ownership.

Foreign Institutional Investors (FII):

FII investors have a substantial presence, with a shareholding of 32,27,28,888 shares, equivalent to 24.96% of the company.

Domestic Institutional Investors (DII):

DII investors also show strong support, with 13,19,71,884 shares, representing a solid 10.20% ownership.

Mutual Funds (MF):

Mutual funds have invested in Marico Ltd with 4,25,84,602 shares, contributing positively with a 3.29% ownership stake.

Other Investors:

Marico Ltd stock is also favored by other investors, who collectively hold 7,00,98,856 shares, totaling 5.42% ownership.

Current Stock Performance: Marico Ltd. On NSE and BSE – Prices, Changes & More

Marico Ltd. Stock Performance on NSE (National Stock Exchange)

Current Stock Price: Marico Ltd. Is currently trading at Rs. 574.50.

Change: The stock has seen a negative change of Rs. 7.50, representing a 1.28% decrease.

Trading Time: This data was recorded as of 03:50 pm IST.

Sector: Marico operates in the Fast-Moving Consumer Goods (FMCG) sector.

Industry: The company specializes in the Personal Care industry.

Price Performance for the Day (1D)

Opening Price: The stock opened at Rs. 582.00.

Previous Close: The previous day’s closing price was also Rs. 582.00.

Intraday High: The highest price reached during the day was Rs. 584.85.

Intraday Low: The lowest price recorded was Rs. 571.85.

Volume Traded: A total of 15,38,962 shares were traded.

Volume-Weighted Average Price (VWAP): The VWAP is calculated at Rs. 576.08.

Marico Ltd. Stock Performance on BSE (Bombay Stock Exchange)

Current Stock Price: As of the latest data available, Marico Ltd.’s stock is priced at Rs. 573.75.

Change: The stock has experienced a decrease of Rs. 8.00, representing a 1.37% decline from the previous close.

Trading Time: This data was last updated at 03:31 pm IST.

Sector: Marico Ltd. Operates in the Fast-Moving Consumer Goods (FMCG) sector.

Industry: The company specializes in the Personal Care industry.

Price Performance for the Day (1D)

Opening Price: The stock opened the trading day at Rs. 578.35.

Previous Close: The closing price of the previous trading session stood at Rs. 581.75.

Intraday High: The stock reached its highest point of Rs. 584.35 during the trading session.

Intraday Low: The lowest price recorded for the day was Rs. 572.00.

Trading Volume: A total of 24,333 shares of Marico Ltd. Were traded.

Volume-Weighted Average Price (VWAP): The VWAP for the day is calculated at Rs. 577.47.

Marico Ltd Stock: A Bright Future Beckons for Investors

Robust Financial Performance:

Marico Ltd consistently delivers strong financial results, marked by impressive revenue growth, prudent cost management, and significant earnings. This financial strength provides a solid foundation for future endeavors.

Innovation and Product Portfolio:

The company is renowned for its innovative product offerings in the FMCG and Personal Care sectors. A commitment to research and development ensures a continuous stream of new, consumer-centric products, keeping Marico at the forefront of industry trends.

Market Leadership:

Marico Ltd is a leader in its sector, with a strong market presence and brand recognition. This market leadership position allows the company to capture a substantial share of consumer demand.

Global Expansion:

Marico has expanded its global footprint, tapping into international markets and diversifying its revenue streams. This global presence not only mitigates risks but also opens doors to new growth opportunities.

Sustainability and ESG Commitment:

Marico Ltd places a high value on sustainability and environmental, social, and governance (ESG) practices. This commitment aligns with evolving consumer preferences and regulatory trends, ensuring long-term relevance.

Dividend History:

Marico consistently rewards shareholders with generous dividends, reflecting its dedication to sharing success with investors. This commitment fosters trust and loyalty among its shareholder base.

Inclusive and Agile Culture:

A culture of inclusivity and agility empowers employees to drive innovation and adapt to changing market dynamics swiftly. This adaptability is crucial in an ever-evolving business landscape.

Long-Term Vision:

Marico Ltd has a clear long-term vision and strategy in place, ensuring that it remains competitive and resilient in the face of challenges while capitalizing on emerging opportunities.

Investing in Marico Ltd Stock is not just a financial decision; it’s a commitment to a company with a proven track record, a forward-looking vision, and a dedication to sustainable growth. As Marico continues to innovate, expand, and maintain its financial strength, it stands as an attractive prospect for investors seeking a bright and prosperous future in the FMCG and Personal Care industry.

FAQs :

What was Marico Ltd Total Income in June ’23, and how does it compare to March ’23?

In June ’23, Marico Ltd achieved a Total Income of ₹2,523.00 crore, indicating strong growth compared to March ’23 when it reported ₹2,308.00 crore, showing consistent progress.

What is the Total Income Growth Percentage for June ’23 and March ’23?

The Total Income Growth Percentage for June ’23 stands at an impressive 19.32%, while for March ’23, it demonstrated healthy growth at 8.05%.

What were the Earnings Before Interest and Taxes (EBIT) for June ’23 and March ’23, and how did they change?

In June ’23, Marico Ltd achieved a noteworthy EBIT of ₹584.00 crore, reflecting strong profitability. In March ’23, it reported EBIT of ₹418.00 crore, indicating positive financial performance, with a surge in EBIT Growth Percentage.

What is the Net Profit Margin Percentage for June ’23 and March ’23, and how do they compare?

In June ’23, Marico Ltd demonstrated a strong Net Profit Margin Percentage of 16.92%, while in March ’23, it maintained a healthy Net Profit Margin Percentage at 13.08%, showcasing positive profitability.

How has Marico Ltd stock price on NSE and BSE performed on the latest trading day, and what was the trading volume?

Marico Ltd stock price on NSE was Rs. 574.50 with a 1.28% decrease, and on BSE, it was Rs. 573.75 with a 1.37% decline as of the latest data. The trading volume on NSE was 15,38,962 shares, and on BSE, it was 24,333 shares.

Disclaimer:

The information provided in this blog is for general informational purposes only and should not be considered as professional financial or investment advice. Always conduct thorough research and seek advice from a qualified financial advisor before making any investment decisions. The blog author and publisher are not responsible for any actions taken based on the information provided in this blog. Any reliance on the content is at your own risk. Remember that the financial markets can be volatile, and past performance is not indicative of future results. The company mentioned in the blog may have undergone changes or developments that are not reflected here. Please verify the information with credible sources before making any financial decisions.

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