Motilal Oswal
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Earnings

Marico Q3 results today: Income growth seen at around 14%

Updated : February 05, 2019 08:52 AM IST

From the consumer goods space, Marico will be reporting its third-quarter results on Tuesday. At Rs 367, the stock trades at around 43 times FY20 earnings.

  • Marico, just like Titan Company, also have a cheat sheet; The company came up with their quarterly update. So total income growth is seen at around 14 percent.

  • Rs 1850 crore is what the street is expecting on the topline.

  • Margins likely to expand by a bit because the EBITDA growth is seen at 17.2 percent that means a margin expansion of nearly 50 bps; 19.1 percent is what the street is factoring in.
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