o Bombay Oil Industries Ltd.(BOIL) specialized in coconut
oil extraction, vegetable oil refinery and chemical manufacturing. o BOIL separated its marketing division under the name Marico. o In October, 1988 Marico was incorporated under the name Marico Foods Ltd. o Which was later renamed as Marico Industries Ltd. Marico Today o Year 2009-2010 o Turnover Rs. 2661cr o Net Profit Rs. 232cr o 1 out of every 4 Indians is a Marico consumer. o Marico distribution network covers over 33lac retail outlets o In short Marico is a leading Indian group in consumer products and services in the global beauty and wellness space. Harsh C. Mariwala: Chairman & Managing Director (Promoter) o He has transformed a traditional commodity driven business into a leading Consumer Products & Services Company, in the Beauty and Wellness space. o Under Harsh's leadership, Marico has achieved several other recognitions such as the Best in Class Award(second highest) for the Large manufacturing category by the Asia Pacific Quality Organization. o Also Talent Management Award at the CNBC TV18 India Business Leader Awards 2009. o And NDTV Profit Business Leadership Award 2009 for Best Business Leadership in the FMCG (Personal Hygiene) category. Products / Services Products / Services Hair Care Market Heart Care Market Skin Care Market Mediker Parachute Hair & Care Nihar Shanti Badam Amla Parachute Oil Parachute Advansed Parachute Jasmine Parachute Therapy Parachute Aftershower Parachute Hot Oil Sweekar Hair & Care Silk N Shine Saffola Oil Salt Plus Arise Functional Foods Manjal Soap Kaya Clinic PRODUCT MIX BRANDS TARGETED CUSTOMER'S PARACHUTE Primary Target Women Of All Age's PARACHUTE ADVANCED Young Girls (College & School Going) HAIR & CARE Appealing To Both Men & Women of All Age's SHANTI AMLA Customer Looking for Value for Money (H.OIL+ Badam) SILK & SHINE Primary Target Female Of age 18 34 MEDIKER Young Children Age Group 3-13 (Lice Problem) SWEEKAR Primary Target Housewives SAFFOLA All Health Conscious People(Heart Patient's) REVIVE Housewives of Urban Area (Higher & Middle Class).
Domestic Business Brands Category Market share range % Rank Parachute, Oil Of Malabar, Nihar Coconut Oil 55-57 1 Hair Oil (Hair & Care, Parachute Jasmine, Hair Oils 22 Parachute Advansed, Shanti Badam Amla, Nihar) Hair Oils 14-17 2 Saffola Refined Safflower oil 16-18 2 Mediker Anti-lice Treatment 100 1 Revive Instant fabric starch 100 1 Maricos Market Shares in Various Product Categories Major Competitors o Hindustan Unilever Ltd. o Nihar and Coco care were major competitors for Marico's parachute.
o Procter & Gamble Hygiene & Healthcare Ltd.
o Dabur India Ltd.
o ITC
o Jyothy Laboratories Ltd.
o Godrej Consumer Products Ltd.
Strength Understanding of Indian consumer behavior in the hair oil segment
Weakness Not strong within the shampoo segment
Opportunities Large Domestic Market Entry into beauty and healthcare market Untapped rural market
Threats Intense competition from global brands in international market