Marico Limited

Sector: FMCG (Edible Oils, Personal Care, Foods)  |  HQ: Mumbai, Maharashtra  |  Founded: 1990  |  Employees: ~3,000

Listed as: NSE / BSE listed; Nifty 50 constituent  |  NSE / BSE  |  Ticker: MARICO.NS  |  Website →

Key people

• Harsh Mariwala (Chairman)
• Saugata Gupta (Managing Director and CEO)

Company overview

Marico Limited is one of India's leading FMCG companies, founded in 1990 by Harsh Mariwala. Headquartered in Mumbai, Marico is known for Parachute coconut oil (India's leading brand and a structural moat asset), Saffola (edible oils, oats, and the new Saffola Mealmaker), Hair & Care, Nihar, Livon, Set Wet, Mediker, and the international portfolio including Bangladesh, Egypt, Vietnam, South Africa. FY25 revenue approximately ₹10,500 crore.

Business model

India business (Parachute, Saffola, Hair & Care, Nihar, Livon, Set Wet, Mediker) and International business (Bangladesh, Egypt, Vietnam, South Africa, Middle East, and the True Elements and Beardo D2C acquisitions).

Operating segments

Recent developments

May 2026

Marico's leadership is actively steering the company toward an ambitious growth phase, with Saugata Gupta articulating a strategy poised to deliver double-digit revenue CAGR [3]. A core pillar of this vision is digital-first acquisitions targeting 33% of India revenues and INR 4,000 crore globally by FY 2030 [6]. To support this push, advertising spend rose 5% YoY in Q4FY26 [2], and the company appointed PHD India as its integrated media agency [7], signaling a consolidated marketing approach.

On the corporate front, Marico expanded its board with the appointment of Girish Paranjpe as Independent Director for a five-year term [10] and filed a Regulation 30 disclosure regarding a special window for physical share transfer and dematerialisation [4]. Meanwhile, Gupta's selection as Jury Chair for e4m IDMA 2026 [1] reflects industry recognition of Marico's strategic direction.

Sources (7)

1. Marico’s Saugata Gupta named Jury Chair for e4m IDMA 2026 - Exchange4Media · Exchange4Media · Tue, 19 May 2026
2. Marico Limited raises ad spend 5% YoY in Q4FY26 - PitchOnnet · PitchOnnet · Tue, 05 May 2026
3. 'Poised to deliver double-digit revenue CAGR': Saugata Gupta on Marico’s next growth phase - Storyboard18 · Storyboard18 · Thu, 07 May 2026
4. Marico Files Regulation 30 Disclosure on Special Window for Physical Share Transfer and Dematerialisation - scanx.trade · scanx.trade · Thu, 07 May 2026
5. MARICO: Digital-first acquisitions to drive 33% of India revenues and INR 4,000 crore globally by FY 2030 - TradingView · TradingView · Fri, 13 Feb 2026
6. Marico Appoints PHD India as Integrated Media Agency - IMPACT Magazine · IMPACT Magazine · Thu, 06 Nov 2025
7. Marico Limited Appoints Girish Paranjpe as Independent Director for Five-Year Term - scanx.trade · scanx.trade · Tue, 05 May 2026

Financial performance and recent trajectory

FY25 revenue ₹10,500 crore. EBITDA margin 19-21 percent supported by Parachute dominance.

Stock performance and shareholder context

Marico (NSE: MARICO, BSE: 531642) is Nifty 50 constituent. Mariwala family promoter holding approximately 59 percent.

12-month price trajectory

Monthly closes over the last 12 months. Source: Yahoo Finance.

Competitive position

Parachute is the dominant Indian coconut oil brand. Saffola competes with Fortune (Adani Wilmar), Sundrop, Sunflower. Hair-care competes with HUL (Dove, Sunsilk), Patanjali, Dabur.

Key risks

Copra (coconut) commodity price volatility; edible oil import dependency; new-category execution; D2C brand integration.

Outlook

D2C brand portfolio scale-up and international expansion.

KAMRIT point of view

Building or competing with Marico?

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Disclaimer: This profile is compiled by KAMRIT Financial Services LLP for educational and benchmarking purposes only. It is not investment advice, a recommendation to buy or sell securities, or a solicitation. Stock data is provided by Yahoo Finance and may be delayed by up to 20 minutes. Company financial commentary draws on publicly available filings, exchange disclosures, and KAMRIT industry research. Readers should consult a SEBI-registered investment adviser before making investment decisions. KAMRIT is a financial services and compliance firm, not a SEBI-registered investment adviser.