MARICO
Marico is one of the leading fast-moving consumer goods (FMCG) company dealing in the health, beauty and wellness space. The company have its geographical footprints in over 25 countries across Asia and Africa. Marico has well-known trusted brands such as Parachute, Livon, Set Wet, Saffola, Kaya Youth, Beardo, Mediker and many more. The company have almost 8 production factories across India.
The shareholding pattern of Marico is as follows: promoters with 59.61%, foreign institutional investors with 24.04%, domestic institutional investors with 10.06%, public with 6.01%, government with 0.18% and others with 0.10%.
The Board of directors concluded declaring a second interim dividend of Rs. 4.50 per equity share. Simultaneously, the Q4 results released showed a hike in the revenue from operations by 33% at Rs. 2,012 Cr. against Rs. 1, 496 Cr. in the previous year Q4 while the company made a profit of Rs. 227 Cr. this quarter marking a growth of 14.1%. Consequently, EBITDA grew by 13.1% to Rs. 319 Cr. against Rs. 282 Cr. previous year in Q4 while EBITDA margin declined by 300bps.
The Q4 results of Marico were on fleek.
