Marico

Mumbai, India Founded: 1990 • Age: 36 yrs
Health, beauty, and wellness consumer brands are manufactured.
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About Marico

Marico is a company based in Mumbai (India) founded in 1990.. The company has 1,920 employees as of March 31, 2024. Marico has completed 9 acquisitions, including Beardo, BeautyX and Icpvn. Marico offers products and services including Parachute Coconut Oil, Saffola, Hair & Care, and Livon. Marico operates in a competitive market with competitors including Henkel, Arata, BBLUNT, Fix My Curls and Moxie Beauty, among others.

  • Headquarter Mumbai, India
  • Employees 1920 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Marico Limited
Operational Areas
Consumer → Beauty, Personal & Household Care
Key Metrics
  • Annual Revenue
    $1.26 B (USD)
    12.17
    as on Mar 31, 2024
  • Net Profit
    $190.3 M (USD)
    9.99
    as on Mar 31, 2024
  • EBITDA
    $240.42 M (USD)
    5.16
    as on Mar 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    1920

    as on Mar 31, 2024

  • Investments & Acquisitions
    Beardo

    & 8 more

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IPO & Listings of Marico

Marico is a publicly listed company on the NSE with ticker symbol MARICO in India, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: MARICO . Sector: Consumer non-durables · India

Products & Services of Marico

Marico offers a comprehensive portfolio of products and services, including Parachute Coconut Oil, Saffola, Hair & Care, and Livon. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Pure coconut oil for hair nourishment and cooking purposes.

Health-focused oils and oats for daily consumption.

Hair oil for styling and nourishment anytime.

Serum and tonic for hair conditioning and growth.

People of Marico
Headcount 1000-5000
Employee Profiles 284
Board Members and Advisors 10
Employee Profiles
People
Siddhesh Ajgaonkar
Head HR – Middle East & Africa And Learning & Development
People
Madhav Kamat
Associate Manager - Trade Marketing & Channel Development
People
Ankit Lal
Sales Manager
People
Ayush Dixit
Brand Executive

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Board Members and Advisors
people
Harsh Mariwala
Chairman
people
Ananth Sankaranarayanan
Director
people
Apurva Purohit
Independent Director
people
Nikhil Khattau
Director

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Funding Insights of Marico

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Marico

Marico has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Beardo, BeautyX and Icpvn. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Nutritional supplements are offered online by Plix using plant-based ingredients.
2018
Men's grooming products are offered online by Beardo.
2015
Online platform for booking appointments at beauty salons
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Marico

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Marico Comparisons

Employees
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Competitors of Marico

Marico operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Henkel, Arata, BBLUNT, Fix My Curls and Moxie Beauty, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Consumer goods are produced by Henkel in the global industry.
domain founded_year HQ Location
Multi-category beauty care products are sold online by Arata.
domain founded_year HQ Location
Hair care products are offered through an internet-first brand.
domain founded_year HQ Location
Provider of hair care products formulated for curly, wavy, and coily hair
domain founded_year HQ Location
Online brand offering hair care products
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Marico

Frequently Asked Questions about Marico

When was Marico founded?

Marico was founded in 1990.

Where is Marico located?

Marico is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Who is the current CEO of Marico?

Saugata Gupta is the current CEO of Marico.

How many employees does Marico have?

As of Mar 31, 2024, the latest employee count at Marico is 1,920.

What is the annual revenue of Marico?

Annual revenue of Marico is $1.26B as on Mar 31, 2024.

What does Marico do?

Marico was founded in 1990 and is headquartered in Mumbai, India. Consumer brands in the health, beauty, and wellness sectors are manufactured and distributed by the company. Operations center on fast-moving consumer goods, with products including Parachute Advanced, Saffola Gourmet, Nihar Naturals, Livon, Set Wet, Studio X Range, Coco Soul, Kaya Youth O2, Mediker, and Revive. The focus remains on the Indian market.

Who are the top competitors of Marico?

Marico's top competitors include Arata, Fix My Curls and Moxie Beauty.

What products or services does Marico offer?

Marico offers Parachute Coconut Oil, Saffola, Hair & Care, and Livon.

Is Marico publicly traded?

Yes, Marico is publicly traded on NSE under the ticker symbol MARICO.

How many acquisitions has Marico made?

Marico has made 9 acquisitions, including Beardo, BeautyX, and Icpvn.

What is Marico's ticker symbol?

The ticker symbol of Marico is MARICO on NSE.

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