Marico Ltd. (BSE: 531642, NSE: "MARICO") is one of India’s leading Consumer Products & Services companies operating in the Beauty and Wellness space. Empowered with freedom and opportunity, Marico works to make a difference to the lives of all its stakeholders its members, associates, consumers, investors and the society at large. During 2012-13, Marico recorded a turnover of Rs. 46 billion (~USD 851 Million) through its salesin 25 countries across emerging markets of Asia and Africa. Marico has nurtured over 25 trusted brands in the categories of hair care, skin care, health foods, male grooming and fabric care. Its India Business markets house hold brands such as Parachute Advansed, Saffola, Hair & Care, Nihar, Mediker, Revive, Manjal, Setwet, Zatak and Livon, that have added value to the lives of 1 in every 3 Indians. Every month, over 75 million consumer packs reach consumers through a widespread distribution network of more than 4 million outlets.Its International Businessoffers unique brands such as Parachute, HairCode, Fiancee, Caivil, Hercules, BlackChic, Code 10, Ingwe, X-Men, L'Ovite and Thuan Phatthat are localized to fulfill the lifestyle needs of its international consumers.
Across its portfolio, Marico’s sustainable growth story is manifest in a CAGR of 19% in Turnover and Profits over the past 5 years. This rests on an empowering work culture fostered byearly responsibility and independent decision making, that encouragesits members to take complete ownership and make a difference to its entire business ecosystem. As a result, Marico’s brands are not just bought by consumers; they add value to their lives by transforming the way they look and feel. The relationships formed with associates go beyond supply, distribution or retailing; they are win-win partnerships that maximize their potential and the company’s profits. The Marico Innovation Foundation doesn’t simply fund social enterprises; it enables them with innovative thinking and scaling of operations to widen their social impact.
It is this essence that is true to Marico’s culture and unique to its DNA. It is this belief that everyone at Marico lives by, and profits from, everyday. It is the spirit to make a difference. More Less