Marico Ltd
NSE: MARICO BSE: 531642
₹766.50
-8.50 (1.10%)
Wed, 28 Oct 2026, 09:58 pm
Market Cap (in Cr)99348.58
PE Ratio52.72
Dividend0.52
Consumer Non-Durables
Household/Personal Care
24.5KMarico Ltd Company History
1988
- Incorporated as Marico Foods Ltd on 13th October.
- Obtained Certificate of commencement of business on 22nd November.
1989
- Changed name to Marico Industries Limited effective 31st October.
- Entered agreement to purchase unit at Jalgaon from Rasoi Industries.
1990
- Entered Registered Users Agreement with BOIL for Parachute and Saffola brands.
1993
- Established plant at Kanjikode, Palghat with 24,000 tons capacity; began operations in May.
- Saffola won Most Outstanding Brand of the Year Award.
1994
- Signed agreements with BOIL for Parachute and Saffola trademarks.
1995
- Acquired SIL brand from KFL for Rs 3 crores.
1996
- Signed MoU with Karvy Consultants as Registrars to the Issue.
- Issued 10,00,000 equity shares and promoters offered 26,25,000 for sale.
- Launched Parachute Herbal.
1997
- Extended Sweekar to cotton seed and mustard oil.
- Set up factories near Jalgaon and Jaipur.
- Launched Sweekar Orange.
- Extended Parachute as umbrella brand for hair care.
- Launched Parachute light oil, Nutra Sheen liquid and creme.
- Selected as Top Performing Global Growth Company by World Economic Forum.
1998
- Launched Sweekar Refined Soya Oil.
- Launched Sona sunflower oil.
- Launched Revive ColourFix.
- Extended Parachute to Lite and Nutra-Sheen.
1999
- Reached understanding with BOIL to assign Parachute and Saffola brands.
- ICRA retained A1+ rating for commercial paper programme.
2000
- Launched Parachute Dandruff Solution Coconut Hair Oil.
- Launched branded coconut oil in tamper proof pack with flip top cap.
- Tied up with International Association of Trichologists.
2001
- Launched Revive Anti-Bacteria starch.
2002
- Approved 1:1 bonus redeemable preference shares and increased authorised capital.
2003
- Appointed Erehwon consultancy for marketing and management innovation.
- Acquired controlling interest in Sundari LLC.
2004
- Saffola launched new advertising campaign.
- High Court approved amalgamation of trading companies with Marico.
- Announced 1:1 bonus issue.
- Launched Saffola Gold blend of Ricebran and Kardi oils.
- Launched Silk-n-Shine post-wash haircare product.
2005
- MBL acquired soap brand Aromatic.
- Introduced Mediker Plus in southern market.
- Arm acquired toilet soap brand in Bangladesh.
- Changed name to Marico Ltd.
2006
- Acquired Nihar brand from Hindustan Lever Ltd.
- Acquired Manjal Herbal Bath Soap brand.
- Entered Egypt and acquired Fiancee haircare brand.
2007
- Appointed Mr. Anand Kripalu as Additional Non-Executive Director.
- Split face value from Rs.10 to Rs.1.
- Uncommon Sense Campaign won Gold EFFIE; Nihar Naturals and Saffola won Bronze.
2008
- Appointed Ms. Rachana Lodaya as Company Secretary.
- Marico Jalgaon awarded CII National Water Management Award.
- Ranked 2nd in Sourcing Platform Benchmarking Program.
2009
- Won Best in Class Award from APQO in Large Manufacturing category.
- Won Greentech Environment Excellence Award in Silver category.
2010
- Harsh Mariwala awarded Ernst & Young Entrepreneur of the Year in Manufacturing.
2011
- Entered Vietnam through investment in ICR.
- Appointed Ms. Hemangi Ghag as Company Secretary.
- Planned Rs 37 crore investment for Bangladesh facility.
2012
- Acquired Paras personal care business from Reckitt.
- Completed acquisition of Halite Personal Care.
2013
- Established Dehradun Plant at Camp Road.
- Demerged Kaya Skin Care into Marico Kaya Enterprises.
- Launched Parachute Advansed Butter Smooth.
- Shifted registered office to Grande Palladium, Mumbai.
2014
- Livon launched Cream Conditioning Cream Color.
2015
- Launched new campaign for Parachute Advansed skin care.
- Launched campaign for next-generation Livon Serum.
- Allotted 1:1 bonus shares.
2016
- Commercial production of value added hair oils commenced in Guwahati, Assam.
- Livon hair serum launched multimedia marketing campaign.
2017
- Saffola Masala Oats launched new campaign.
2018
- Launched True Roots Botanical Hair Tonic.
- Launched digital exclusive brand Studio X.
- Made strategic investment in Revolutionary Fitness Private Ltd.
2019
- Signed MoU with Rajasthan Government for Nihar Shanti Paathshala.
- Partnered with Future Retail for Plastic Recycling Program.
- Created 660 million litres water capacity in Jalgaon with Maharashtra Government.
- Introduced Saffola FITTIFY Gourmet.
- Launched Coco Soul range.
2020
- Entered plant-based protein category with Saffola Mealmaker Soya Chunks.
- Launched Saffola Arogyam Chyawan Amrut Awaleha.
- Launched Ayurvedic Products.
- Entered vegetable and fruit hygiene category with Veggie Clean.
- Collaborated with Swiggy and Zomato for essential food delivery.
2021
- Onboarded Priya Mani for Saffola Honey campaign.
- Launched MaricoGreenFootprints planting one tree per member.
- Launched Saffola Oodles entering instant noodles category.
- Implemented Eat Right Campus with FSSAI at Gandhinagar Vidhan Sabha.
- Ranked highest among FMCG companies in CRISIL ESG report.
2022
- Unveiled Sustainability 2.0 with goals until 2030.
- Launched Saffola Soya Bhurji.
- Committed to net-zero emissions by 2040.
2024
- Celebrated Farmer’s Day in Jalgaon and inaugurated Solar Polyhouse Dryer.
- Introduced Saffola Masala Millets.
- Saffola launched four new gourmet flavours.
