Marico Margins

Marico to acquire 100% stake in Vietnamese personal care brand Beauty X

To pay Rs 172 cr under the deal, which is expected to be completed by March 31

Near-term growth concerns, further price cuts to cap returns for Marico

Further price cuts, higher advertising costs to weigh on margins

Marico's India business volume declines in mid-single-digits in Q1

The company's Parachute coconut oil also recorded a marginal volume decline in the quarter

Uncertain growth outlook may be a drag on Marico in the near term

Stable price outlook for inputs such as copra, however, is a positive

Uncertain growth outlook across key categories may be a drag on Marico

However, some brokerages are cautious about growth trends though the company is better placed than peers on the raw material front

Marico better placed than peers on costs amid commodity surge

Lower copra costs and price cuts to aid volumes and margins

Weak Q3 may keep Marico's stock under pressure, muted consumption weighs

Brokerages are however positive on medium term growth outlook for core and new areas

Margin pressures may ease in Q3 as Marico puts up steady show in Sept qtr

Valuations, however, cap upsides in the near term

Input costs and demand concerns may impact Marico in the near term

March quarter performance is expected to be strong on low base, price hikes

Marico fails to maintain volume growth in Q2 on poor offtake; stock down 6%

Stock tanks on flat top line in the September quarter, even as benign copra prices save the day, leading to a 16 per cent rise in pre-tax profit

Marico stocks surge 11% as falling input cost prices aid margins

Copra prices have come down by 32% in the current year