Marico Limited (NSE:MARICO)
India flag India · Delayed Price · Currency is INR
907.10
+5.10 (0.57%)
Nov 11, 2026, 1:00 PM IST

Marico Stock Forecast

Stock Price Forecast

According to 39 analysts polled by S&P Global, Marico stock has a consensus rating of "Strong Buy" and an average price target of ₹959.18. The average 1-year stock price forecast is 5.74% higher than the current stock price, while the lowest is ₹737.00 (-18.75%) and the highest is ₹1,080 (+19.06%).

Price Target: ₹959.18 (+5.74%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹737.00₹959.18₹953.00₹1,080
Change-18.75%+5.74%+5.06%+19.06%

Analyst Ratings

The average analyst rating for Marico stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy242420202024
Buy111213131211
Hold225554
Sell222220
Strong Sell000000
Total394040403939

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹940.00
BuyMaintains₹940.00+3.63%Nov 5, 2026
Unknown Analyst
Motilal Oswal
No rating
Motilal Oswal
Buy
Maintains
₹975.00
BuyMaintains₹975.00+7.49%Nov 3, 2026
Jefferies
Jefferies
Buy
Maintains
₹960.00 → ₹1,000
BuyMaintains₹960.00 → ₹1,000+10.24%Aug 5, 2026

Financial Forecast

Revenue This Year
154.77B
from 136.11B
Increased by 13.71%
Revenue Next Year
172.40B
from 154.77B
Increased by 11.39%
EPS This Year
17.22
from 13.59
Increased by 26.73%
EPS Next Year
19.82
from 17.22
Increased by 15.08%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
95.12B97.64B96.53B108.31B136.11B154.77B
Revenue Growth
18.19%2.65%-1.14%12.20%25.67%13.71%
Gross Profit
40.25B43.54B48.24B53.48B59.40B73.27B
Gross Margin
42.31%44.59%49.97%49.38%43.64%47.34%
Operating Income
15.47B16.59B18.69B19.62B21.31B26.63B
Net Income
12.25B13.02B14.81B16.29B17.62B22.30B
EPS
----13.5917.22
EPS Growth
----8.20%26.73%
Forward PE
-----52.67
Dividend / Share
9.254.509.5010.504.0012.28
Dividend Growth
23.33%-51.35%111.11%10.53%-61.91%206.92%
Free Cash Flow
----17.65B21.43B
No. Analysts
-----37
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High159.3B
Avg154.8B
Low151.4B

Revenue Growth

Revenue Growth202720282029
High
17.1%
Avg
13.7%
Low
11.2%

EPS Forecast

EPS202720282029
High18.00
Avg17.22
Low16.40

EPS Growth

EPS Growth202720282029
High
32.5%
Avg
26.7%
Low
20.7%