Who owns Parachute?
Parachute is owned by Marico (India, NSE: MARICO).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Marico Limited Annual Report 2024-25, 12 June 2025. Last checked .
Key facts
- Current owner
- Marico Limited reported
- Owner HQ
- 🇮🇳 India, Mumbai
- Origin
- 🇮🇳 India
- Founded
- 1948
- Category
- Personal care & beauty › Hair care › Shampoo & conditioner
- Parent ticker
- NSE: MARICO
- Last verified
- · 1 sources
About Parachute
Parachute is the largest coconut hair oil brand in India, and its blue plastic bottle replaced the loose oil that households had bought from local mills for generations. Coconut oil for hair is a daily routine across most of South Asia, and the brand effectively created the packaged category.
Ownership timeline of Parachute
Where Parachute sits in Marico
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Marico ownership tree →
See the full Marico brand portfolio (4) →
Other brands owned by Marico
Marico controls 4 brands on Brandtree, 3 of them in personal care & beauty.
Also in personal care & beauty
- Livon (2001)
- Nihar Naturals (1988)
Other brands in shampoo & conditioner, and who owns them
The 56 brands in shampoo & conditioner on Brandtree belong to 31 owners. The largest is Unilever, with 7; Marico has 2.
About the owner: Marico
Marico is a publicly listed company headquartered in Mumbai, India, founded in 1990. Brandtree records 4 brands under its control, and it is listed as NSE: MARICO.
Marico was spun out of a Mumbai commodity trading house in 1990 and built its business on branding two products Indian households had always bought loose: coconut oil and edible oil. It is now one of the largest personal care and foods companies in India and sells across South Asia, the Middle East and Africa.
🇮🇳 Parachute and other Indian brands
Brandtree records a controlling owner for 279 brands that began in India. 9 of them (3%) are now controlled by a company headquartered in another country; Parachute is not one of them.
- Aqualogica — Honasa 🇮🇳
- Astaberry — Cipla 🇮🇳
- BoroPlus — Emami 🇮🇳
- Cinthol — Godrej Consumer 🇮🇳
- Dabur Red Paste — Dabur 🇮🇳
- Episoft — Glenmark 🇮🇳
Frequently asked questions
Who is the parent company of Parachute?
The parent company of Parachute is Marico, a publicly listed company headquartered in India.
Is Parachute Indian?
Yes. Parachute originated in India in 1948 and its owner, Marico, is also headquartered in India.
Is Parachute still owned by Marico?
Yes. As of 16 September 2026, Parachute is still owned by Marico. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Marico Limited Annual Report 2024-25 — Marico Limited, Annual report, published 12 June 2025; retrieved 16 September 2026.
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