Today, we’re going on a journey to explore the estimated Marico Share Price Target for the years 2023 to 2050. We will use our Research and the company’s growth prospects to make a prediction. By the end of our journey, you will have a better understanding of the expected Marico Share Price Target.
Marico is a leading Indian consumer products company in the beauty and wellness space. The company was founded in 1990 and has since grown to become a well-known brand in India and internationally.
Marico’s portfolio includes market-leading brands such as Parachute, Saffola, Hair & Care, Nihar, and Livon, among others. The company has a strong presence in India and has expanded its international business to over 25 countries across Asia and Africa.
Overview of Marico
| Name | Marico Limited |
|---|---|
| Symbol | MARICO |
| Industry | Consumer Goods |
| Founded | 1990 |
| CEO | Saugata Gupta |
| Headquarters | Mumbai, India |
| Exchange | NSE, BSE |
| Country | India |
| Locations | India, Bangladesh, Vietnam, Middle East, South Africa |
| Website | marico.com |
| Profile | Marico |
Marico is a prominent figure in India’s consumer products landscape, particularly in the global beauty and wellness sector. In the fiscal year 2021-22, Marico reported a turnover of approximately INR 95 billion (USD 1.3 billion) from its product sales in India and select markets in Asia and Africa.
The company has a significant impact on the Indian population, with 1 out of every 3 Indians coming into contact with its diverse brand portfolio. Some of the renowned brands under Marico’s umbrella include Parachute, Saffola, Hair & Care, Parachute Advansed, Nihar Naturals, Mediker, and many more. Internationally, Marico’s consumer products contribute to nearly 23% of the Group’s revenue.
The company boasts a range of international brands such as Parachute Advansed, HairCode, and X-Men, to name a few. With its headquarters in Mumbai, Marico has a presence in over 25 countries across the emerging markets of Asia and Africa.
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Marico Share price target for 2023, 2025, 2030 to 2050.
Keep an eye on Marico’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Marico’s stock price. we will also take into analyst recommendations from various brokerage firms at the end of the article.
Above, the chart presents historical prices for Marico stock, illustrating its trending behavior. Below, the table provides detailed data on the stock’s open, high, low, and close prices, offering a comprehensive perspective for stock analysis.
Brokerage Firms
An effective method for evaluating the Marico share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms. Please find the latest research reports available on Marico.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 31 OCT 2023 | HDFC Securities | 650.00 |
Accum.
|
| 31 OCT 2023 | ICICI Securities Limited | 650.00 |
Buy
|
| 31 OCT 2023 | Motilal Oswal | 640.00 |
Buy
|
| 09 AUG 2023 | Hem Securities | 667.00 |
Buy
|
| 31 JUL 2023 | BOB Capital Markets Ltd. | 646.00 |
Buy
|
| 30 JUL 2023 | Motilal Oswal | 690.00 |
Buy
|
| 29 JUL 2023 | HDFC Securities | 585.00 |
Accum.
|
| 29 JUL 2023 | ICICI Securities Limited | 610.00 |
Accum.
|
| 28 JUL 2023 | Sharekhan | 645.00 |
Buy
|
Fundamentals of Marico
The fundamental analysis of Marico Limited focuses on key factors to better understand the company’s valuation.
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Marico price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2023 | Rs. 600 | Rs. 650 |
| 2024 | Rs. 700 | Rs. 750 |
| 2025 | Rs. 800 | Rs. 850 |
| 2026 | Rs. 900 | Rs. 950 |
| 2027 | Rs. 1000 | Rs. 1050 |
| 2030 | Rs. 1500 | Rs. 1600 |
| 2035 | Rs. 2000 | Rs. 2200 |
| 2040 | Rs. 2500 | Rs. 2700 |
| 2050 | Rs. 3500 | Rs. 4000 |
Our minimum target for Marico’s share price in 2023 is Rs. 600, while the maximum target is Rs. 650. This is based on the company’s strong financial performance in recent years, with a revenue growth rate of 15% and a net profit growth rate of 20% in FY23. Marico’s international business has also been growing steadily, with a share of 25% in the company’s total revenues. The company’s focus on innovation, brand building, and cost optimization is expected to drive its growth in the coming years.
Looking ahead to 2024, we expect Marico’s share price to continue its upward trajectory. Our minimum target for 2024 is Rs. 700, while the maximum target is Rs. 750. This is based on the company’s strong fundamentals, including its market-leading brands, diversified product portfolio, and robust distribution network. Marico’s focus on digital transformation and e-commerce is also expected to drive its growth in the coming years.
By 2025, we expect Marico’s share price to reach new heights. Our minimum target for 2025 is Rs. 800, while the maximum target is Rs. 850. This is based on the company’s long-term growth prospects, including its expansion into new geographies, categories, and channels. Marico’s focus on sustainability, innovation, and customer-centricity is also expected to drive its growth in the coming years.
By 2027, we expect Marico’s share price to reach the Rs. 1000 mark. Our minimum target for 2027 is Rs. 1000, while the maximum target is Rs. 1050. This is based on the company’s continued focus on innovation, brand building, and customer-centricity, as well as its expansion into new geographies and categories. Marico’s strong financial position and commitment to sustainability and ESG is also expected to drive its growth in the coming years.
Looking ahead to 2030, we expect Marico’s share price to continue its upward trajectory. Our minimum target for 2030 is Rs. 1500, while the maximum target is Rs. 1600. This is based on the company’s long-term growth prospects, including its expansion into new markets and categories, as well as its focus on digital transformation and innovation. Marico’s strong brand equity, diversified product portfolio, and robust distribution network is also expected to drive its growth in the coming years.
By 2035, we expect Marico’s share price to reach the Rs. 2000 mark. Our minimum target for 2035 is Rs. 2000, while the maximum target is Rs. 2200. This is based on the company’s continued focus on innovation, sustainability, and customer-centricity, as well as its expansion into new geographies and categories. Marico’s strong financial position and commitment to ESG is also expected to drive its growth in the coming years.
Looking ahead to 2040, we expect Marico’s share price to continue its upward trend. Our minimum target for 2040 is Rs. 2500, while the maximum target is Rs. 2700. This is based on the company’s long-term growth prospects, including its expansion into new markets and categories, as well as its focus on digital transformation, innovation, and sustainability. Marico’s strong brand equity, diversified product portfolio, and robust distribution network is also expected to drive its growth in the coming years.
Looking ahead to 2050, we expect Marico’s share price to reach new heights. Our minimum target for 2050 is Rs. 3500, while the maximum target is Rs. 4000. This is based on the company’s long-term growth prospects, including its expansion into new geographies, categories, and channels, as well as its focus on innovation, sustainability, and customer-centricity. Marico’s strong financial position and commitment to ESG is also expected to drive its growth in the coming years.
Competitors of Marico
| Name | P/E | Mar Cap Rs.Cr. |
|---|---|---|
| Godrej Consumer | 56.28 | 99740.59 |
| Dabur India | 53.44 | 91658.10 |
| Marico | 48.88 | 68916.99 |
| Emami | 32.48 | 22460.81 |
| Jyothy Labs | 47.22 | 13298.45 |
| Bajaj Consumer | 21.99 | 3331.77 |
Analyst Recommendations
Marico Buy or Sell
Daily Low / High
How to Buy Marico Stock
- Click on the “Open an Account“
- Fill in the required details
- Complete the verifying your identity
- Login to Your Account
- Search for Marico
- Place an Order.
| Telegram Channel | 👉 Click Here |
| WhatsApp Channel | 👉 Click Here |
– According to Google historical data, the price of Marico on 6 July 2001 was ₹2.81.
– As of 1 November 2023, the current share price of Marico is ₹535.05 Check out today’s current share price.
– Based on our analysis, the maximum share price target for Marico in 2023 could be ₹650.
To stay updated with the latest information related to the stock market and receive live stock market updates, follow Sharedhan and stay connected with us. Check out Today’s Share Market Open or Closed India.
I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices. My purpose is only educational, and I am using AI to see what the future of the stock might look like.
Disclaimer– These Share Price Targets for “Marico Share Price Target” are only provided for informational purposes only. It does not constitute a recommendation to buy, sell, or hold Marico stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
