Marico Industries : Parachute Oil Story

This is yet another GOOD STOCK for Tough Times. To know more about the reason why we chose this stock for this investing currently, Click Here:

- Market Leader into Branded coconut oil market with market share of 55.2% (Parachut & Nihar)
- Super premium sunflower oil Safolla maintains its market leadership with 58.2%
- International sales in Bangladesh, MENA (Middle East, North African), South AFrica and South East Asia contributes 24% of sales turnover.
- Acquired 85% equity stake in International consumer products in Vietnam in Feb 2011.
- Acquired personal care business of Paras Pharma from Reckitt Benckiser in all cash deal for Rs.740 Cr in Feb 2012. This provides access to top three brands in hair gel, male deodorant and male grooming categories. This could be viewed strategic to reduce dependence on hair and edible oil.
- Another diversification has been : Skin Care Solutions - KAYA Clinic - has turnover of 279 cr with 107 clinics, of which 82 are in India spread over 26 cities.