Marico Ltd
NSE:MARICO

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Marico Ltd
NSE:MARICO
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Price: 633.35 INR Market Closed
Market Cap: 819.4B INR
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Marico Ltd?
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Income Statement

Earnings Waterfall
Marico Ltd

Revenue
100.1B INR
Cost of Revenue
-48.6B INR
Gross Profit
51.5B INR
Operating Expenses
-32.1B INR
Operating Income
19.4B INR
Other Expenses
-3.5B INR
Net Income
15.9B INR

Income Statement
Marico Ltd

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Income Statement
Currency: INR
Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
53 271
N/A
55 788
+5%
57 330
+3%
58 599
+2%
58 823
+0%
59 602
+1%
60 245
+1%
60 216
0%
60 108
0%
58 972
-2%
59 359
+1%
58 559
-1%
59 494
+2%
61 570
+3%
63 331
+3%
66 675
+5%
69 680
+5%
72 051
+3%
73 340
+2%
74 732
+2%
74 654
0%
74 280
-1%
73 150
-2%
70 740
-3%
72 340
+2%
75 320
+4%
80 480
+7%
86 480
+7%
90 780
+5%
93 630
+3%
95 120
+2%
95 450
+0%
96 220
+1%
96 850
+1%
97 640
+1%
96 830
-1%
96 630
0%
96 150
0%
96 530
+0%
98 190
+2%
100 070
+2%
Gross Profit
Cost of Revenue
(28 676)
(30 393)
(33 646)
(31 942)
(31 561)
(31 164)
(33 155)
(29 462)
(28 714)
(28 047)
(30 874)
(28 781)
(30 078)
(31 907)
(36 177)
(36 412)
(38 555)
(39 864)
(40 170)
(39 844)
(38 767)
(38 050)
(38 040)
(35 920)
(37 050)
(39 040)
(43 150)
(47 690)
(51 270)
(53 550)
(54 860)
(53 530)
(53 680)
(53 730)
(54 060)
(51 840)
(50 030)
(48 230)
(48 040)
(47 710)
(48 560)
Gross Profit
24 594
N/A
25 395
+3%
23 684
-7%
26 658
+13%
27 263
+2%
28 438
+4%
27 089
-5%
30 753
+14%
31 393
+2%
30 925
-1%
28 486
-8%
29 779
+5%
29 417
-1%
29 664
+1%
27 154
-8%
30 264
+11%
31 126
+3%
32 187
+3%
33 170
+3%
34 888
+5%
35 887
+3%
36 230
+1%
35 110
-3%
34 820
-1%
35 290
+1%
36 280
+3%
37 330
+3%
38 790
+4%
39 510
+2%
40 080
+1%
40 260
+0%
41 920
+4%
42 540
+1%
43 120
+1%
43 580
+1%
44 990
+3%
46 600
+4%
47 920
+3%
48 490
+1%
50 480
+4%
51 510
+2%
Operating Income
Operating Expenses
(17 249)
(17 726)
(15 702)
(18 269)
(18 554)
(19 193)
(16 823)
(20 652)
(21 039)
(20 730)
(17 441)
(19 593)
(19 196)
(19 147)
(16 617)
(19 483)
(19 985)
(20 525)
(21 210)
(21 993)
(22 528)
(22 790)
(21 790)
(21 460)
(21 550)
(22 180)
(22 790)
(24 110)
(24 490)
(24 880)
(24 800)
(26 060)
(26 620)
(26 980)
(27 010)
(27 980)
(28 970)
(29 750)
(29 790)
(31 330)
(32 130)
Selling, General & Administrative
(9 176)
(9 469)
(14 019)
(9 665)
(9 916)
(10 256)
(14 990)
(11 113)
(11 297)
(11 111)
(15 240)
(10 191)
(9 929)
(9 928)
(14 415)
(10 168)
(10 396)
(10 783)
(11 250)
(11 907)
(12 243)
(12 400)
(19 580)
(11 310)
(11 330)
(11 730)
(20 190)
(13 210)
(13 420)
(13 680)
(22 220)
(14 120)
(14 440)
(15 110)
(24 070)
(13 990)
(14 750)
(14 760)
(26 670)
(17 450)
(17 930)
Research & Development
0
0
0
0
0
0
(52)
0
0
0
(73)
0
0
0
(56)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Depreciation & Amortization
(845)
(873)
(855)
(828)
(844)
(838)
(867)
(969)
(957)
(941)
(894)
(906)
(932)
(932)
(853)
(903)
(892)
(1 171)
(1 320)
(1 446)
(1 572)
(1 400)
(1 380)
(1 390)
(1 370)
(1 410)
(1 380)
(1 380)
(1 380)
(1 380)
(1 360)
(1 420)
(1 460)
(1 490)
(1 540)
(1 550)
(1 570)
(1 600)
(1 570)
(1 630)
(1 650)
Other Operating Expenses
(7 228)
(7 384)
(827)
(7 776)
(7 794)
(8 099)
(914)
(8 570)
(8 784)
(8 678)
(1 234)
(8 495)
(8 334)
(8 286)
(1 292)
(8 412)
(8 698)
(8 572)
(8 640)
(8 641)
(8 714)
(8 990)
(830)
(8 760)
(8 850)
(9 040)
(1 220)
(9 520)
(9 690)
(9 820)
(1 220)
(10 520)
(10 720)
(10 380)
(1 400)
(12 440)
(12 650)
(13 390)
(1 550)
(12 250)
(12 550)
Operating Income
7 346
N/A
7 669
+4%
7 982
+4%
8 387
+5%
8 707
+4%
9 244
+6%
10 267
+11%
10 103
-2%
10 356
+3%
10 196
-2%
11 044
+8%
10 185
-8%
10 220
+0%
10 516
+3%
10 537
+0%
10 780
+2%
11 141
+3%
11 663
+5%
11 960
+3%
12 896
+8%
13 359
+4%
13 440
+1%
13 320
-1%
13 360
+0%
13 740
+3%
14 100
+3%
14 540
+3%
14 680
+1%
15 020
+2%
15 200
+1%
15 460
+2%
15 860
+3%
15 920
+0%
16 140
+1%
16 570
+3%
17 010
+3%
17 630
+4%
18 170
+3%
18 700
+3%
19 150
+2%
19 380
+1%
Pre-Tax Income
Interest Income Expense
(261)
(240)
130
(204)
(190)
(195)
(142)
(221)
(205)
(192)
369
(157)
(177)
(173)
635
(178)
(187)
(317)
(410)
(480)
(550)
(500)
780
(490)
(450)
(400)
540
(330)
(350)
(380)
640
(410)
(460)
(500)
700
(630)
(680)
(730)
680
(730)
(640)
Non-Reccuring Items
0
0
14
0
0
0
(64)
0
0
0
(5)
0
0
0
(33)
0
0
0
0
(190)
(190)
(190)
(310)
540
210
210
120
(510)
(180)
(180)
0
0
0
0
0
0
0
0
0
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
192
0
0
0
28
0
0
0
20
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
280
0
0
0
150
0
0
Total Other Income
611
532
91
725
782
843
34
891
964
1 035
52
932
899
840
11
857
935
979
1 030
1 070
1 128
1 200
(50)
1 150
1 070
1 020
30
1 010
990
970
(90)
880
820
1 000
(120)
1 730
1 920
1 950
(160)
1 330
1 770
Pre-Tax Income
7 695
N/A
7 961
+3%
8 217
+3%
8 908
+8%
9 301
+4%
9 893
+6%
10 287
+4%
10 773
+5%
11 115
+3%
11 039
-1%
11 487
+4%
10 960
-5%
10 941
0%
11 182
+2%
11 170
0%
11 458
+3%
11 888
+4%
12 324
+4%
12 580
+2%
13 296
+6%
13 747
+3%
13 950
+1%
13 740
-2%
14 560
+6%
14 570
+0%
14 930
+2%
15 230
+2%
14 850
-2%
15 480
+4%
15 610
+1%
16 010
+3%
16 330
+2%
16 280
0%
16 640
+2%
17 430
+5%
18 110
+4%
18 870
+4%
19 390
+3%
19 370
0%
19 750
+2%
20 510
+4%
Net Income
Tax Provision
(2 251)
(2 312)
(2 368)
(2 671)
(2 748)
(2 903)
(3 054)
(3 143)
(3 207)
(3 271)
(3 377)
(3 171)
(3 110)
(3 038)
(2 896)
(2 943)
(3 040)
(3 222)
(1 260)
(1 427)
(1 531)
(1 460)
(3 310)
(3 400)
(3 210)
(3 210)
(3 240)
(3 090)
(3 290)
(3 370)
(3 460)
(3 660)
(3 700)
(3 900)
(4 210)
(4 300)
(4 530)
(4 520)
(4 350)
(4 350)
(4 380)
Income from Continuing Operations
5 444
5 649
5 849
6 237
6 553
6 989
7 233
7 629
7 906
7 767
8 110
7 788
7 831
8 145
8 275
8 516
8 849
9 102
11 320
11 869
12 216
12 490
10 430
11 160
11 360
11 720
11 990
11 760
12 190
12 240
12 550
12 670
12 580
12 740
13 220
13 810
14 340
14 870
15 020
15 400
16 130
Income to Minority Interest
(166)
(126)
(114)
(107)
(110)
(114)
(119)
(120)
(122)
(122)
(124)
(125)
(125)
(126)
(130)
(134)
(138)
(155)
(170)
(195)
(215)
(210)
(220)
(220)
(250)
(260)
(270)
(290)
(270)
(290)
(300)
(270)
(260)
(240)
(200)
(230)
(240)
(220)
(210)
(220)
(250)
Equity Earnings Affiliates
0
0
0
0
0
(2)
0
(2)
(4)
(4)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
5 278
N/A
5 523
+5%
5 735
+4%
6 131
+7%
6 444
+5%
6 875
+7%
7 115
+3%
7 508
+6%
7 781
+4%
7 640
-2%
7 986
+5%
7 665
-4%
7 710
+1%
8 026
+4%
8 145
+1%
8 382
+3%
8 710
+4%
8 946
+3%
11 150
+25%
11 673
+5%
12 001
+3%
12 280
+2%
10 210
-17%
10 940
+7%
11 110
+2%
11 460
+3%
11 720
+2%
11 470
-2%
11 920
+4%
11 950
+0%
12 250
+3%
12 400
+1%
12 320
-1%
12 500
+1%
13 020
+4%
13 580
+4%
14 100
+4%
14 650
+4%
14 810
+1%
15 180
+2%
15 880
+5%
EPS (Diluted)
4.04
N/A
4.29
+6%
4.44
+3%
4.82
+9%
5.12
+6%
5.41
+6%
5.53
+2%
5.91
+7%
6.15
+4%
6.02
-2%
6.2
+3%
5.94
-4%
5.97
+1%
6.22
+4%
6.32
+2%
6.5
+3%
6.75
+4%
6.88
+2%
8.64
+26%
9.04
+5%
9.33
+3%
9.5
+2%
7.91
-17%
8.46
+7%
8.62
+2%
8.87
+3%
9.08
+2%
8.89
-2%
9.23
+4%
9.25
+0%
9.48
+2%
9.6
+1%
9.49
-1%
9.66
+2%
10.05
+4%
10.49
+4%
10.9
+4%
11.33
+4%
11.43
+1%
11.73
+3%
12.23
+4%

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