|
29 Sep 2025 |
Marico
|
Consensus Share Price Target
|
698.70 |
795.33 |
- |
13.83 |
buy
|
|
|
|
|
18 Feb 2023
|
Marico
|
ICICI Securities Limited
|
698.70
|
560.00
|
489.50
(42.74%)
|
Target met |
Accumulate
|
|
|
Consensus (including us) has four expectations from Marico – (1) drive market share gains led volume growth in coconut oil portfolio, (2) consistency in the performance of VAHO (value added hair oil) with expansion into premium segment, (3) drive penetration-led volume growth in Saffola edible oil, and (4) continued revenue momentum in Foods (to provide comfort on the expansion of Saffola franchise).
|
|
06 Feb 2023
|
Marico
|
ICICI Securities Limited
|
698.70
|
560.00
|
493.90
(41.47%)
|
Target met |
Accumulate
|
|
|
Positives in the result are (1) volume growth in Parachute (after three quarters of decline) led by market share gains, (2) continued traction in Saffola franchise (10% value growth, 13% volume growth) through aggressive new launches.
|
|
05 Feb 2023
|
Marico
|
ICICI Direct
|
698.70
|
555.00
|
493.90
(41.47%)
|
Target met |
Hold
|
|
|
|
|
04 Feb 2023
|
Marico
|
Motilal Oswal
|
698.70
|
580.00
|
493.90
(41.47%)
|
Target met |
Buy
|
|
|
|
|
03 Feb 2023
|
Marico
|
Prabhudas Lilladhar
|
698.70
|
532.00
|
493.90
(41.47%)
|
Target met |
Hold
|
|
|
|
|
10 Nov 2022
|
Marico
|
Geojit BNP Paribas
|
698.70
|
538.00
|
499.15
(39.98%)
|
Target met |
Hold
|
|
|
|
|
07 Nov 2022
|
Marico
|
ICICI Securities Limited
|
698.70
|
570.00
|
539.20
(29.58%)
|
Target met |
Accumulate
|
|
|
2Q overall performance was underwhelming with weak trajectory in Parachute and Value-Added Hair Oil. Overall volumes were up +3% YoY (+7% 3-year CAGR) with good performance in Saffola portfolio.
|
|
06 Nov 2022
|
Marico
|
ICICI Direct
|
698.70
|
560.00
|
539.20
(29.58%)
|
Target met |
Hold
|
|
|
|
|
05 Nov 2022
|
Marico
|
Prabhudas Lilladhar
|
698.70
|
543.00
|
504.90
(38.38%)
|
Target met |
Hold
|
|
|
|
|
05 Nov 2022
|
Marico
|
Motilal Oswal
|
698.70
|
620.00
|
539.20
(29.58%)
|
|
Buy
|
|
|
|