Changes for page Marico Ltd

Last modified by Asif Farooqui on 2021/03/01 05:37

From version < 5.3 >

edited by Asif Farooqui
on 2021/02/16 18:49

To version < 6.1

edited by Asif Farooqui
on 2021/03/01 05:37

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+20,6 @@
  * Baddi
  * Paonta Sahib.
--
  In Bangladesh, Marico operates through Marico Bangladesh Limited, a wholly owned subsidiary. Its manufacturing facility is located at Shirirchala, in Dhaka Division.
@@ -55,7
+55,6 @@
  * Set Wet
--
  [[image:MARICO2.png]]
@@ -62,28
+62,28 @@
  == Company History ==
--| |**Milestones In Marico's Journey**
--|1971|Harsh Mariwala, a young graduate, joins the family business
--|1974|Harsh envisions a branded FMCC market for coconut and refined edible oils
--|1980|Harsh discovers the ubiquitous Parachute blue bottle
--|1990|2nd April 1990 — Marico is born
--|1991|Marico launches Hair & Care, non- sticky hair oil
--|1996|Marico lists on the Indian Stock Exchanges
--|1999|First overseas manufacturing facility in Bangladesh
--|2002|Marico enters Skin Care solutions – Kaya is born
--|2006|Nihar enters Marico’s fold
--|2006-07|Marico enters Egypt and South Africa through acquisitions
--|2009|Marico Bangladesh lists on Dhaka Stock Exchange
--|2010|Marico introduces Saffola Breakfast
--|2011|Marico enters Vietnam through acquisition of ICP
--|2012|Marico acquires Livon & Set Wet
--|2013|Kaya Skin Care demerged
--|2014|Harsh steps down as MD and Saugata Gupta takes over
--|2017-18|Investment in Startup Ecosystem - Beardo
--|2018-19|Marico launched Saffola FITTIFY, Coco Soul, Kaya Youth O2
--|2020|Acquisition of 100% stake in Beardo. Marico enters the Hygiene segment. Saffola Honey launched
++(% style="width:725px" %)
++| |(% style="width:590px" %)**Milestones In Marico's Journey**
++|1971|(% style="width:590px" %)Harsh Mariwala, a young graduate, joins the family business
++|1974|(% style="width:590px" %)Harsh envisions a branded FMCC market for coconut and refined edible oils
++|1980|(% style="width:590px" %)Harsh discovers the ubiquitous Parachute blue bottle
++|1990|(% style="width:590px" %)2nd April 1990 — Marico is born
++|1991|(% style="width:590px" %)Marico launches Hair & Care, non- sticky hair oil
++|1996|(% style="width:590px" %)Marico lists on the Indian Stock Exchanges
++|1999|(% style="width:590px" %)First overseas manufacturing facility in Bangladesh
++|2002|(% style="width:590px" %)Marico enters Skin Care solutions – Kaya is born
++|2006|(% style="width:590px" %)Nihar enters Marico’s fold
++|2006-07|(% style="width:590px" %)Marico enters Egypt and South Africa through acquisitions
++|2009|(% style="width:590px" %)Marico Bangladesh lists on Dhaka Stock Exchange
++|2010|(% style="width:590px" %)Marico introduces Saffola Breakfast
++|2011|(% style="width:590px" %)Marico enters Vietnam through acquisition of ICP
++|2012|(% style="width:590px" %)Marico acquires Livon & Set Wet
++|2013|(% style="width:590px" %)Kaya Skin Care demerged
++|2014|(% style="width:590px" %)Harsh steps down as MD and Saugata Gupta takes over
++|2017-18|(% style="width:590px" %)Investment in Startup Ecosystem - Beardo
++|2018-19|(% style="width:590px" %)Marico launched Saffola FITTIFY, Coco Soul, Kaya Youth O2
++|2020|(% style="width:590px" %)Acquisition of 100% stake in Beardo. Marico enters the Hygiene segment. Saffola Honey launched
--
  = Industry Overview =
  == Fast-Moving Consumer Goods (FMCG) sector in India ==
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+133,9 @@
  Within Premium Hair Nourishment, Livon Serums posted high single-digit volume growth in FY20. While the growth in the bottle packs was led by new age channels of Modern Trade and Ecommerce, the 2.5 ml sachet pack (priced at C) played its role as the key trial pack by expanding the brand's reach in General Trade.
--=== Foray into the Hygiene segment: Mediker Hand ===
++=== Foray into the Hygiene segment ===
--**Sanitizer and Veggie Clean launched**
++**Mediker Hand San**itizer and Veggie Clean launched
  With the rising consciousness among consumers about personal health and hygiene, the Company introduced Mediker Hand Sanitizer in April '20. The hand sanitizer packs have 70% v/v alcohol content that is sufficient to kill 99.9% germs without water, ensuring effective protection on-the-go from disease-causing germs. Marico has launched three SKUs— 90 ml, 200 ml, 500 ml and are ramping up distribution across all channels.
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+151,9 @@
  === Bangladesh ===
--(49% ofthe International Business)
++(49% of the International Business)
++
  The business in Bangladesh grew by 12% in FY20 in constant currency terms, thereby delivering double-digit constant currency growth for the third year in a row. Parachute Coconut Oil posted 5% constant currency growth in FY20. With the category having matured in this market, the Company expect to grow this franchise in mid-single digits on a constant currency basis over the medium-term on the back of its dominant market share, distributive strength and consumption growth.
  The non-Coconut oil in Bangladesh grew by 29% in FY20, in constant currency terms. Consequent to the consistent high double digit growth in Value Added Hair Oils, the Company retained market leadership in value terms on MAT basis and also attained leadership in volume terms on P3M (past 3 months) basis in Q4.
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+179,7 @@
  === Middle East and North Africa (MENA) ===
--(12% ofthe International Business)
++(12% of the International Business)
  The MENA business declined by 18% in constant currency terms, further accentuated by supply chain disruptions in March 20 due to the COVID-19 outbreak. The recent crash in oil prices and volatile macro environment keeps it cautiously optimistic about the medium term outlook ofthese markets. The company remain cautious about Egypt at this stage and will be aggressive on cost management to give the business a fighting chance to survive and thrive.
@@ -188,7
+188,7 @@
  (7% of the International Business)
--The South Africa business declined by 5% in constant currency terms, due to continued macro headwinds coupled with social distancing and other restrictions enforced to contain the outbreak of COVID-19 in the region during Q4 FY20. In Q4 FY20, the Company has recognised an impairment loss of Crore towards Goodwill arising out of South African Hair styling brand ISOPIus, which was acquired in 2017. The same is disclosed under 'Exceptional items' in the Consolidated Statement of Profit and Loss. The macros in the region continue to be weak. The company expect some revival in this business over the medium term on the back of a pi#line of new products.
++The South Africa business declined by 5% in constant currency terms, due to continued macro headwinds coupled with social distancing and other restrictions enforced to contain the outbreak of COVID-19 in the region during Q4 FY20. In Q4 FY20, the Company has recognised an impairment loss of Crore towards Goodwill arising out of South African Hair styling brand ISOPIus, which was acquired in 2017. The same is disclosed under 'Exceptional items' in the Consolidated Statement of Profit and Loss. The macros in the region continue to be weak. The company expect some revival in this business over the medium term on the back of a pipeline of new products.
  === New Country Development & Exports ===
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+232,6 @@
  According to a Mint report, Marico Chief Executive Officer Saugata Gupta said Saffola honey is "ramping up very well", ahead of the company's launch estimates.
--Also read: Marico Q3 net profit rises 13% to Rs 312 crore
--
  "The company's aspiration is to touch the Rs 100 crore mark in revenues by next year, which will make it one of the fastest Rs 100 crore journey in the mid-sized foods category, considering that the company extended this brand nationally only in November-December 2020," Gupta said in an earnings call, as quoted by the paper.
  "Looking at offtake trends, its growth was limited by supply-led capacity constraints, which the company plan to overcome in the next few quarters," he added.