Marico sells its products through brands such as Parachute, Parachute Advansed, Nihar, Nihar Naturals, Saffola, Hair & Care, Livon, Set Wet, Mediker, and Revive. Geographically, the company has two segments; India which derives key revenue; and International. The company is pursuing strategic acquisitions including recent deals in D2C wellness brands to expand its portfolio.
Cyborg Score Rationale
Marico reported a 12.03% increase in consolidated net profit to Rs 447 crore in Q3 FY26, compared with Rs 399 crore in Q3 FY25. The company maintains strong profitability with healthy EBITDA margins and continues strategic acquisitions. However, valuation appears elevated relative to market conditions.
Top Insights
Recent acquisition of 93.27% of 4700BC brand from PVR INOX strengthens premium snacking portfolio
Q3 FY26 net profit growth of 12% driven by strong revenue growth and operational efficiency
Dividend yield of 1.36-1.61% with consistent payouts reflecting shareholder-friendly capital allocation
PE ratio of 48.22 (TTM) indicates premium valuation relative to sector peers
Named Competitors
Parachute — Leading coconut oil and hair care brand
Saffola — Premium refined edible oils and health foods
Clinique — Premium skincare and beauty products
HUL Beauty — Diversified beauty and personal care
Recent Developments
(February 2026) Acquisition of 60% stake in D2C wellness brand Cosmix for Rs 226 crore
(December 2025) Completed acquisition of 93.27% of Zea Maize (4700BC brand) from PVR INOX
(January 2026) Q3 FY26 results showed 12.03% net profit growth to Rs 447 crore
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