Marico Limited (NSE:MARICO)
India flag India · Delayed Price · Currency is INR
776.25
-1.75 (-0.22%)
Oct 21, 2026, 11:50 AM IST

Marico Stock Forecast

Stock Price Forecast

According to 39 analysts polled by S&P Global, Marico stock has a consensus rating of "Buy" and an average price target of ₹956.58. The average 1-year stock price forecast is 23.23% higher than the current stock price, while the lowest is ₹703.00 (-9.44%) and the highest is ₹1,050 (+35.27%).

Price Target: ₹956.58 (+23.23%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹703.00₹956.58₹961.00₹1,050
Change-9.44%+23.23%+23.80%+35.27%
* Price targets were last updated on Sep 17, 2026.

Analyst Ratings

The average analyst rating for Marico stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy242424202020
Buy111112131312
Hold222555
Sell222222
Strong Sell000000
Total393940404039

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹915.00
BuyMaintains₹915.00+17.87%Sep 17, 2026
Jefferies
Jefferies
Buy
Maintains
₹960.00 → ₹1,000
BuyMaintains₹960.00 → ₹1,000+28.82%Aug 5, 2026

Financial Forecast

Revenue This Year
153.55B
from 136.11B
Increased by 12.81%
Revenue Next Year
170.53B
from 153.55B
Increased by 11.06%
EPS This Year
17.00
from 13.59
Increased by 25.09%
EPS Next Year
19.50
from 17.00
Increased by 14.69%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
95.12B97.64B96.53B108.31B136.11B153.55B
Revenue Growth
18.19%2.65%-1.14%12.20%25.67%12.81%
Gross Profit
40.25B43.54B48.24B53.48B59.40B71.58B
Gross Margin
42.31%44.59%49.97%49.38%43.64%46.62%
Operating Income
15.47B16.59B18.69B19.62B21.31B26.13B
Net Income
12.25B13.02B14.81B16.29B17.62B21.97B
EPS
----13.5917.00
EPS Growth
----8.20%25.09%
Forward PE
-----45.66
Dividend / Share
9.254.509.5010.504.0012.17
Dividend Growth
23.33%-51.35%111.11%10.53%-61.91%204.17%
Free Cash Flow
----17.65B20.57B
No. Analysts
-----38
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High160.3B
Avg153.5B
Low150.0B

Revenue Growth

Revenue Growth202720282029
High
17.8%
Avg
12.8%
Low
10.2%

EPS Forecast

EPS202720282029
High19.30
Avg17.00
Low16.00

EPS Growth

EPS Growth202720282029
High
42.0%
Avg
25.1%
Low
17.7%