Marico Limited (NSE:MARICO)

Marico Financials Overview

Financials in millions INR. Fiscal year is April - March.

Revenue & Profits

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Revenue Revenue Growth	147,940	136,110	108,310	96,530	97,640	95,120
Revenue Growth	20.62%	25.67%	12.20%	-1.14%	2.65%	18.19%
Gross Profit Gross Profit Growth	67,160	59,400	53,480	48,240	43,540	40,250
Operating Income Operating Income Growth	24,160	21,310	19,620	18,690	16,590	15,470
Net Income Net Income Growth	20,180	17,620	16,290	14,810	13,020	12,250
Earnings Per Share EPS Growth	15.55	13.59	12.56	11.43	10.05	9.49
EPS Growth	21.12%	8.20%	9.89%	13.73%	5.90%	4.52%

Revenue by Geography

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
India India Growth	111,290	103,480	81,100	71,320	73,510	73,330
Bangladesh Bangladesh Growth	-	14,740	10,650	11,030	11,590	11,390
Vietnam Vietnam Growth	-	6,530	4,410	6,260	5,930	4,950
Others Others Growth	-	11,360	12,150	7,920	6,610	5,450
Total Total Growth	147,940	136,110	108,310	96,530	97,640	95,120

Cash & Debt

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Investments Cash & Investments Growth	29,960	24,400	21,500	12,000	13,330	12,180
Total Debt Total Debt Growth	12,380	5,570	5,540	5,280	6,080	4,790
Net Cash (Debt) Net Cash Growth	17,580	18,830	15,960	6,720	7,250	7,390
Net Cash Growth	57.81%	17.98%	137.50%	-7.31%	-1.89%	-26.10%
Net Cash Per Share Net Cash Per Share Growth	13.55	14.52	12.31	5.19	5.60	5.72

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Operating Cash Flow Operating Cash Flow Growth	20,750	20,840	13,630	13,870	14,190	10,160
Capital Expenditures CapEx Growth	-4,210	-3,190	-1,610	-1,530	-1,820	-1,320
Free Cash Flow Free Cash Flow Growth	16,540	17,650	12,020	12,340	12,370	8,840
Free Cash Flow Growth	6.71%	46.84%	-2.59%	-0.24%	39.93%	-52.60%

Margins

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Gross Margin	45.40%	43.64%	49.38%	49.97%	44.59%	42.32%
Operating Margin	16.33%	15.66%	18.12%	19.36%	16.99%	16.26%
Pretax Margin	17.14%	16.73%	19.54%	20.07%	17.85%	16.83%
Profit Margin	13.64%	12.95%	15.04%	15.34%	13.33%	12.88%
FCF Margin	11.18%	12.97%	11.10%	12.78%	12.67%	9.29%

Dividends

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 11, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Dividend Per Share Dividend Per Share Growth	4.000	4.000	10.500	9.500	4.500	9.250
Dividend Per Share Growth	-61.90%	-61.91%	10.53%	111.11%	-51.35%	23.33%
Dividend Yield	0.44%	0.54%	1.61%	1.91%	0.94%	1.84%

Valuation

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 11, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
PE Ratio	58.33	54.24	51.81	43.42	47.64	53.15
P/FCF Ratio	70.65	54.15	70.21	52.11	50.15	73.66
PS Ratio	7.90	7.02	7.79	6.66	6.35	6.85

Data Source: S&P Global Market Intelligence Last updated: Nov 2, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 8, 2026

Data Sources Report a data error