
Marico Ltd
Past performance
About Marico Ltd Marico Limited, based in Mumbai, is a prominent player in the Fast Moving Consumer Goods (FMCG) sector, specializing in branded consumer products. Founded in 1988, Marico offers a diverse range of products under brands like Parachute, Saffola, Livon, and Set Wet, distributing them through an extensive network across India. Over the years, Marico has strategically expanded its portfolio and market presence through acquisitions, such as the 2011 stake in Vietnam's International Consumer Products Corporation and the 2022 acquisition of HW Wellness Solutions.
The company has consistently innovated, launching new products like Parachute Advanced Body Lotion and Saffola Masala Oats, and venturing into international markets, including South Africa and Southeast Asia. Despite challenges like the COVID-19 pandemic, Marico has maintained a strong market position, underpinned by its dominant presence in the coconut and value-added hair oil segments. Recent expansions include increasing its stake in Apcos Naturals Private Limited and launching 14 new products in FY23, highlighting its commitment to growth and diversification.
Performance overview
