🚀 VC round data is live in beta, check it out!
- Public Comps
- Marico
Marico Valuation Multiples
Discover revenue and EBITDA valuation multiples for Marico and similar public comparables like Unicharm, APR Co., JM Smucker, BUA Foods and more.
Marico Overview
About Marico
Marico Ltd is an Indian consumer goods company. The company provides products across the health, beauty, and wellness category. It manufactures hair care, male grooming, skin care, edible oils, health foods, and fabric care products. Locally, 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.
Founded
1988
HQ

Employees
1.9K
Website
Financials (LTM)
EV
$10B
Marico Financials
Marico reported last 12-month revenue of $1B and EBITDA of $254M.
In the same LTM period, Marico generated $652M in gross profit, $254M in EBITDA, and $192M in net income.
Revenue (LTM)
Marico P&L
In the most recent fiscal year, Marico reported revenue of $1B and EBITDA of $254M.
Marico expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | $652M | XXX | $545M | XXX | XXX | XXX |
| Gross Margin | 45% | XXX | 43% | XXX | XXX | XXX |
| EBITDA | $254M | XXX | $254M | XXX | XXX | XXX |
| EBITDA Margin | 17% | XXX | 20% | XXX | XXX | XXX |
| EBIT Margin | 16% | XXX | 18% | XXX | XXX | XXX |
| Net Profit | $192M | XXX | $192M | XXX | XXX | XXX |
| Net Margin | 13% | XXX | 15% | XXX | XXX | XXX |
| Net Debt | — | — | $6M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Marico Stock Performance
Marico has current market cap of $11B, and enterprise value of $10B.
Market Cap Evolution
Marico's stock price is $8.18.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $10B | $11B | 0.5% | XXX | XXX | XXX | $0.15 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialMarico Valuation Multiples
Marico trades at 7.2x EV/Revenue multiple, and 41.2x EV/EBITDA.
EV / Revenue (LTM)
Marico Financial Valuation Multiples
As of April 20, 2026, Marico has market cap of $11B and EV of $10B.
Equity research analysts estimate Marico's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Marico has a P/E ratio of 55.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $11B | XXX | $11B | XXX | XXX | XXX |
| EV (current) | $10B | XXX | $10B | XXX | XXX | XXX |
| EV/Revenue | 7.2x | XXX | 8.2x | XXX | XXX | XXX |
| EV/EBITDA | 41.2x | XXX | 41.3x | XXX | XXX | XXX |
| EV/EBIT | 44.1x | XXX | 44.5x | XXX | XXX | XXX |
| EV/Gross Profit | 16.1x | XXX | 19.2x | XXX | XXX | XXX |
| P/E | 55.2x | XXX | 55.1x | XXX | XXX | XXX |
| EV/FCF | 60.7x | XXX | 70.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Marico Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Marico Margins & Growth Rates
Marico's revenue in the last 12 month grew by 9%.
Marico's revenue per employee in the last FY averaged $0.7M, while opex per employee averaged $0.2M for the same period.
Marico's rule of 40 is 31% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Marico's rule of X is 50% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Marico Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 9% | XXX | 14% | XXX | XXX | XXX |
| EBITDA Margin | 17% | XXX | 20% | XXX | XXX | XXX |
| EBITDA Growth | 18% | XXX | (1%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 31% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 50% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.7M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 10% | XXX | 13% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 26% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Marico Public Comps
See public comps and valuation multiples for other Health & Beauty and Food & Beverages comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Marico | XXX | XXX | XXX | XXX | XXX | XXX |
| Unicharm | XXX | XXX | XXX | XXX | XXX | XXX |
| APR Co. | XXX | XXX | XXX | XXX | XXX | XXX |
| JM Smucker | XXX | XXX | XXX | XXX | XXX | XXX |
| BUA Foods | XXX | XXX | XXX | XXX | XXX | XXX |
| Lenskart | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Marico M&A Activity
Marico acquired XXX companies to date.
Last acquisition by Marico was on XXXXXXXX, XXXXX. Marico acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Marico
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialMarico Investment Activity
Marico invested in XXX companies to date.
Marico made its latest investment on XXXXXXXX, XXXXX. Marico invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Marico
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Marico
| When was Marico founded? | Marico was founded in 1988. |
| Where is Marico headquartered? | Marico is headquartered in India. |
| How many employees does Marico have? | As of today, Marico has over 1K employees. |
| Who is the CEO of Marico? | Marico's CEO is Saugata Gupta. |
| Is Marico publicly listed? | Yes, Marico is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of Marico? | Marico trades under MARICO ticker. |
| When did Marico go public? | Marico went public in 1996. |
| Who are competitors of Marico? | Marico main competitors are Unicharm, APR Co., JM Smucker, BUA Foods. |
| What is the current market cap of Marico? | Marico's current market cap is $11B. |
| What is the current revenue of Marico? | Marico's last 12 months revenue is $1B. |
| What is the current revenue growth of Marico? | Marico revenue growth (NTM/LTM) is 9%. |
| What is the current EV/Revenue multiple of Marico? | Current revenue multiple of Marico is 7.2x. |
| Is Marico profitable? | Yes, Marico is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Marico? | Marico's last 12 months EBITDA is $254M. |
| What is Marico's EBITDA margin? | Marico's last 12 months EBITDA margin is 17%. |
| What is the current EV/EBITDA multiple of Marico? | Current EBITDA multiple of Marico is 41.2x. |
| What is the current FCF of Marico? | Marico's last 12 months FCF is $173M. |
| What is Marico's FCF margin? | Marico's last 12 months FCF margin is 12%. |
| What is the current EV/FCF multiple of Marico? | Current FCF multiple of Marico is 60.7x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.