Marico (MARICO)₹902.00+0.98%Edible Oil
In the Jun 2026 quarter (consolidated), Marico reported sales of ₹3,943 Cr, up 22.8% from Jun 2025, and net profit of ₹653 Cr, up 27.2% year on year. For the year to Mar 2026, sales were ₹13,563 Cr and net profit ₹1,813 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,467 | 2,414 | 2,271 | 2,633 | 2,654 | 2,787 | 2,722 | 3,211 | 3,473 | 3,525 | 3,289 | 3,943 |
| Expenses | 1,981 | 1,909 | 1,836 | 2,018 | 2,141 | 2,262 | 2,271 | 2,568 | 2,924 | 2,947 | 2,780 | 3,139 |
| Operating Profit | 496 | 512 | 441 | 625 | 521 | 532 | 457 | 653 | 559 | 590 | 520 | 817 |
| OPM % | 19.9% | 21.0% | 18.9% | 23.9% | 19.9% | 19.0% | 17.0% | 20.0% | 15.9% | 16.9% | 15.9% | 20.9% |
| Other Income | 38.04 | 42.99 | 14.99 | 37.03 | 81.97 | 42.02 | 46.99 | 56.02 | 49.01 | 38.99 | 59.97 | 47.99 |
| Interest | 19.92 | 18.95 | 16.93 | 16.95 | 10.96 | 12.95 | 11.96 | 9.97 | 11.95 | 13.95 | 16.94 | 20.94 |
| Depreciation | 38.89 | 41.91 | 40.91 | 40.86 | 40.92 | 43.91 | 51.83 | 44.84 | 46.87 | 49.84 | 59.79 | 55.83 |
| Profit before tax | 474 | 493 | 398 | 603 | 550 | 516 | 439 | 654 | 548 | 564 | 502 | 787 |
| Tax % | 24.0% | 21.9% | 19.9% | 21.9% | 21.9% | 21.9% | 21.9% | 21.9% | 21.0% | 19.0% | 19.0% | 17.0% |
| Net Profit | 360 | 386 | 320 | 474 | 433 | 406 | 345 | 513 | 433 | 460 | 408 | 653 |
| EPS (Rs) | 2.72 | 2.95 | 2.45 | 3.57 | 3.26 | 3.07 | 2.64 | 3.88 | 3.23 | 3.43 | 3.00 | 4.84 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,999 | 5,897 | 6,302 | 7,306 | 7,292 | 8,024 | 9,483 | 9,741 | 9,623 | 10,799 | 13,563 | 14,231 |
| Expenses | 4,964 | 4,757 | 5,182 | 6,009 | 5,848 | 6,459 | 7,837 | 7,956 | 7,629 | 8,689 | 11,283 | 11,790 |
| Operating Profit | 1,048 | 1,156 | 1,135 | 1,322 | 1,465 | 1,585 | 1,679 | 1,805 | 2,022 | 2,135 | 2,323 | 2,486 |
| OPM % | 16.9% | 19.9% | 17.9% | 17.9% | 19.9% | 19.9% | 17.9% | 19.0% | 20.9% | 20.0% | 16.9% | 17.5% |
| Other Income | 93.04 | 95.96 | 85.03 | 103 | 95.03 | 107 | 98.04 | 144 | 142 | 208 | 204 | 196 |
| Interest | 20.94 | 16.93 | 15.93 | 39.87 | 49.86 | 33.89 | 38.87 | 55.83 | 72.69 | 52.81 | 52.80 | 63.78 |
| Depreciation | 94.67 | 89.70 | 88.82 | 131 | 140 | 139 | 139 | 155 | 158 | 177 | 201 | 212 |
| Profit before tax | 1,026 | 1,144 | 1,113 | 1,252 | 1,368 | 1,518 | 1,594 | 1,736 | 1,930 | 2,108 | 2,270 | 2,402 |
| Tax % | 29.9% | 28.9% | 26.0% | 10.0% | 24.0% | 20.9% | 22.0% | 24.0% | 21.9% | 21.9% | 20.0% | — |
| Exceptional items | 15.96 | 36.92 | 0.99 | 4.99 | −21.97 | 9.98 | 0.00 | 20.95 | 11.98 | 24.93 | 9.97 | — |
| Net Profit | 723 | 811 | 827 | 1,131 | 1,044 | 1,199 | 1,255 | 1,322 | 1,503 | 1,658 | 1,813 | 1,953 |
| EPS (Rs) | 5.50 | 6.18 | 6.30 | 8.61 | 7.89 | 9.06 | 9.46 | 10.05 | 11.41 | 12.54 | 13.54 | 14.50 |
| Dividend payout % | 77.1% | 57.1% | 67.1% | 55.1% | 85.1% | 83.0% | 97.1% | 45.1% | 83.1% | 83.1% | 30.1% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 64.01 | 129 | 129 | 129 | 129 | 129 | 129 | 129 | 129 | 129 | 129 | 130 |
| Reserves | 1,754 | 1,884 | 2,193 | 2,407 | 2,840 | 2,887 | 3,103 | 3,211 | 3,659 | 3,692 | 3,835 | 4,066 |
| Borrowings | 427 | 330 | 239 | 311 | 351 | 337 | 510 | 478 | 607 | 526 | 552 | 556 |
| Other Liabilities | 877 | 1,015 | 1,064 | 1,220 | 1,571 | 1,611 | 1,683 | 1,859 | 2,404 | 3,003 | 3,758 | 5,198 |
| Total Liabilities | 3,122 | 3,359 | 3,624 | 4,067 | 4,892 | 4,964 | 5,425 | 5,677 | 6,799 | 7,351 | 8,274 | 9,950 |
| Fixed Assets | 1,079 | 1,054 | 1,089 | 1,113 | 1,305 | 1,402 | 1,619 | 1,767 | 2,253 | 2,732 | 2,768 | 3,644 |
| CWIP | 2.99 | 36.97 | 10.99 | 26.97 | 44.94 | 57.89 | 23.97 | 38.92 | 66.88 | 43.90 | 39.92 | 84.81 |
| Investments | 285 | 546 | 610 | 544 | 451 | 735 | 856 | 831 | 1,099 | 604 | 1,593 | 2,088 |
| Other Assets | 1,756 | 1,722 | 1,914 | 2,383 | 3,090 | 2,770 | 2,926 | 3,040 | 3,382 | 3,971 | 3,873 | 4,133 |
| Inventories | 997 | 928 | 1,256 | 1,515 | 1,414 | 1,382 | 1,129 | 1,415 | 1,227 | 1,340 | 1,237 | 1,614 |
| Trade receivables | 177 | 251 | 246 | 339 | 516 | 538 | 387 | 651 | 1,012 | 1,067 | 1,268 | 1,300 |
| Cash & equivalents | 204 | 316 | 235 | 201 | 550 | 278 | 941 | 577 | 754 | 941 | 775 | 492 |
| Total Assets | 3,122 | 3,359 | 3,624 | 4,067 | 4,892 | 4,964 | 5,425 | 5,677 | 6,799 | 7,351 | 8,274 | 9,950 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 663 | 816 | 647 | 514 | 1,058 | 1,209 | 2,000 | 1,013 | 1,414 | 1,383 | 1,359 | 2,078 |
| Cash from investing activity | −186 | −202 | −125 | 58.87 | −366 | −21.95 | −931 | 440 | −926 | 176 | −619 | −720 |
| Cash from financing activity | −623 | −600 | −573 | −566 | −697 | −1,144 | −1,055 | −1,288 | −558 | −1,538 | −647 | −1,276 |
| Net cash flow | −147 | 13.95 | −50.84 | 7.98 | −2.99 | 44.84 | 15.95 | 166 | −68.75 | 20.94 | 92.63 | 82.67 |
| Capex | 59.18 | 101 | 87.36 | 133 | 163 | 189 | 142 | 132 | 183 | 153 | 162 | 320 |
| Free cash flow | 605 | 729 | 565 | 387 | 917 | 1,031 | 1,866 | 881 | 1,235 | 1,230 | 1,238 | 1,766 |
| CFO / OP % | 101.0% | 101.0% | 82.0% | 71.0% | 104.0% | 102.0% | 144.0% | 81.0% | 99.0% | 87.0% | 86.0% | 114.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 10 | 14 | 14 | 19 | 25 | 26 | 17 | 24 | 37 | 39 | 42 | 34 |
| Inventory days | 138 | 109 | 192 | 189 | 146 | 156 | 107 | 105 | 93 | 115 | 92 | 84 |
| Days payable | 80 | 81 | 108 | 104 | 99 | 109 | 110 | 102 | 113 | 138 | 104 | 109 |
| Cash conversion cycle | 70 | 45 | 100 | 105 | 73 | 75 | 16 | 29 | 19 | 18 | 32 | 11 |
| Working capital days | 17 | 0 | 22 | 36 | 26 | 23 | −12 | 4 | 1 | 13 | 15 | −19 |
| ROCE % | 38.0% | 44.0% | 45.0% | 42.0% | 42.0% | 43.0% | 43.0% | 43.0% | 42.0% | 43.0% | 45.0% | 47.0% |
For the Jun 2026 quarter, Marico reported sales of ₹3,943 Cr, up 22.8% year on year and net profit of ₹653 Cr, up 27.2% year on year. The operating margin was 20.9%.
Marico's sales for the year to Mar 2026 were ₹13,563 Cr; over the last twelve months they were ₹14,231 Cr.
Net profit for the year to Mar 2026 was ₹1,813 Cr, and ₹1,953 Cr over the last twelve months. Earnings per share over the same trailing period were ₹14.50.
Marico reported borrowings of ₹556 Cr at Mar 2026, against cash and equivalents of ₹492 Cr.
Cash from operations was ₹2,078 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹1,766 Cr.