Marico Limited

Leading consumer goods company specializing in coconut oil, hair oils, and edible oils.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated:

Marico Profile

Key Indicators

  • Authorised Capital ₹ 295.00 Cr
  • Paid Up Capital ₹ 129.52 Cr
  • Company Age 36 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 765.79 Cr
  • Revenue Growth -0.65%
  • Profit Growth 1.38%
  • Ebitda 10.65%
  • Net Worth 20.60%
  • Total Assets 13.19%

About Marico

Marico Limited (ML) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 October 1988 and has a history of 36 years and six months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531642 and on the National Stock Exchange(NSE) under MARICO.

The Corporate was formerly known as Marico Foods Limited. The Company is engaged in the Fmcg Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 295.00 Cr and a paid-up capital of Rs 129.52 Cr.

The company has closed loans amounting to ₹765.79 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Marico Limited India are Pawan Agrawal as CFO and Vinay Anandampillai as Company Secretary. Saugata Gupta, Apurva Purohit, Nikhil Nirvan, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L15140MH1988PLC049208

  • Company No.

    049208

  • Stock Symbol

    BSE : 531642 NSE : MARICO

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Oct 1988

  • Date of AGM

    09 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

FMCG
Food and Beverages

What products or services does Marico Limited offer?

Marico Limited offers a wide range of products and services, including Cosmetics, Hair & Beauty Products, Hair Oil, Hair Shampoo, Herbal Shampoo, Hair Care Cosmetics, Refined Oil, Saffola Oil, Body Care Products, Body Lotions, Drinking Glasses.

Company report

Marico Limited

Explore comprehensive data for Marico Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Marico?

Executive Team (3)

NameDesignationAppointment DateStatus
Saugata Gupta Country flag representing In Managing Director01-Apr-2014Current
Pawan Agrawal Country flag representing In CFO10-Sep-2020Current
Vinay Anandampillai Company Secretary28-Oct-2021Current

Board Members (10)

NameDesignationAppointment DateStatus
Apurva Purohit Country flag representing In Director 07-Apr-2022Current
Nikhil Nirvan Country flag representing In Director 18-Jul-2002Current
Milind Barve Country flag representing In Director 02-Aug-2021Current
Harsh Mariwala Country flag representing In Director 13-Oct-1988Current
Rajeev Vasudeva Country flag representing In Director 01-Nov-2021Current
Rishabh Mariwala Country flag representing In Director 02-May-2017Current

Financial Performance of Marico.

Marico Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.65% decrease. The company also saw a slight improvement in profitability, with a 1.38% increase in profit. The company's net worth Soared by an impressive increase of 20.6%.

Marico revenue growth over time
Marico profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-0.65%
Revenue from Operations
-0.29%
Total Assets
13.19%
Profit or Loss
1.38%
Net Worth
20.60%
EBITDA
10.65%

What is the Ownership and Shareholding Structure of Marico?

In 2022, Marico had a promoter holding of 59.49% and a public holding of 40.52%. The company had 5 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹765.79 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 393.00 Cr
  • Hsbc Bank (Mauritius) Limited : 246.70 Cr
  • Standard Chartered Bank : 60.00 Cr
  • Axis Trustee Services Limited : 30.00 Cr
  • State Bank Of Saurashtra : 21.19 Cr
  • Others : 14.90 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2011Hsbc Bank (Mauritius) Limited₹246.70 CrSatisfied
06 Aug 2009Axis Trustee Services Limited₹30.00 CrSatisfied
17 Sep 2008State Bank Of India₹100.00 CrSatisfied
23 Nov 2007Standard Chartered Bank₹60.00 CrSatisfied
31 Aug 2006State Bank Of India₹293.00 CrSatisfied

How Many Employees Work at Marico?

Marico has a workforce of 1832 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Marico Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Marico, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Marico's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Marico

Recent activity within the organization

  • Annual General Meeting

    Marico Limited last Annual general meeting of members was held on 09 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Marico Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Rajan Bharti Mittal was appointed as a Director was appointed as a Director on 01 Jul 2023 & has been associated with this company since 1 year 9 months .

  • Director Appointment

    Apurva Purohit was appointed as a Director was appointed as a Director on 07 Apr 2022 & has been associated with this company since 3 years 7 days .

  • Director Appointment

    Nayantara Bali was appointed as a Director was appointed as a Director on 07 Apr 2022 & has been associated with this company since 3 years 7 days .

  • Director Appointment

    Rajeev Vasudeva was appointed as a Director was appointed as a Director on 01 Nov 2021 & has been associated with this company since 3 years 5 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Marico Limited?

    Marico Limited was incorporated on 13 Oct 1988.

  • What is authorized share capital and paid-up capital of Marico Limited?

    The authorized share capital of Marico Limited is ₹ 295.00 Cr and paid-up capital is ₹ 129.52 Cr.

  • Who are the current board members & directors of Marico Limited?

    Currently 13 directors are associated with Marico Limited.

    • Saugata Gupta
    • Apurva Purohit
    • Nikhil Khattau Nirvan
    • Milind Gajanan Barve
    • Harsh Charandas Mariwala
    • Rajeev Vasudeva
    • Rishabh Harsh Mariwala
    • Nayantara Bali
    • Ananth Sankaranarayanan
    • Pawan Agrawal
    • Vinay Mandyam Anandampillai
    • Rajendra Kishore Mariwala
    • Rajan Bharti Mittal
  • What is the registered address of Marico Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Marico Limited is Marico Limited 7Th Floor Grande Palladium 175 Cst Road Kalina, Santacruz (East) India, Mumbai, Maharashtra, 400098.

  • What is the corporate identification number (CIN) and company number of Marico Limited?

    The corporate identification number (CIN) of Marico Limited is L15140MH1988PLC049208 and the company number is 049208 as per Ministry of Corporate Affairs (MCA).

  • Is Marico Limited registered with any stock exchange in India?

    Yes, Marico Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MARICO.

  • What is the official website of Marico Limited?

    The Official website of Marico Limited is https://www.marico.com

  • What has been the recent revenue trend for Marico Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Marico Limited has fallen by -0.65%.

  • How many employees does Marico Limited currently have?

    As Per 2023 financial reports, 1832 employees are currently employed by Marico Limited.

  • What change has been observed in the net worth of Marico Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Marico Limited has experienced an upsurge of 20.60%.

  • When was the last Balance Sheet of Marico Limited filed with the ROC?

    The most recent Balance Sheet for Marico Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Edible Oils & Cooking Fats