- Marico’s 1Q Net Income: 4.64 billion rupees, an increase of 8.7% year-over-year. This met the estimate of 4.61 billion rupees.
- Revenue for the quarter: 26.43 billion rupees, up by 6.6% year-over-year. This was slightly below the estimate of 26.59 billion rupees.
- Total costs for the quarter: 20.75 billion rupees, a 5.9% increase year-over-year.
- Other income decreased by 20% year-over-year to 370 million rupees.
- Marico shares increased by 2.6%, reaching 679.40 rupees, with 6.4 million shares traded.
- Analyst recommendations: 32 buys, 6 holds, and 4 sells.
- Comparisons are based on values reported from the company’s original disclosures.
A look at Marico Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Marico Ltd, a company that specializes in consumer products and services in the beauty and wellness sector, appears to have a mixed long-term outlook based on the Smartkarma Smart Scores. The company scores highest in Dividend, indicating a strong commitment to rewarding shareholders. Additionally, Marico scores well in Resilience and Momentum, which suggests a stable and growing business with positive market momentum. However, the company lags in terms of Value and Growth scores, indicating potential challenges in terms of valuation and future growth prospects.
Overall, Marico Ltd‘s profile showcases a company deeply rooted in the beauty and wellness industry. With a diverse product portfolio spanning from Coconut Oil to Fabric Care, and even Skin Care Services through Kaya Skin Clinics, Marico demonstrates a solid presence in various consumer categories. While the company excels in certain aspects like dividends and resilience, areas such as valuation and growth may require further attention for long-term success and sustainability.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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