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.
Key facts
- Current owner
- Marico Limited reported
- Owned since
- Not recorded
- Previous owner
- None recorded
- 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.
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Other brands owned by Marico
Latest news about Parachute
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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 6 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 6 September 2026.
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