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{{Notability|Companies|date=September 2020}}
{{Short description|Indian multinational skincare, haircare, and bodycare treatment provider}}
{{Use dmy dates|date=June 2022}}
{{Use Indian English|date=June 2022}}
{{Infobox company
{{Infobox company
| name = Kaya Limited
| name = Kaya Limited
| former_name = Kaya Skin Clinic
| former_name = Marico Kaya Enterprises<ref>{{cite news |title=Changing Kaya's positioning was a mistake, says Marico Chairman Harsh Mariwala |url=https://www.businesstoday.in/opinion/interviews/story/harsh-mariwala-marico-chairman-changing-kaya-position-was-a-mistake-136165-2014-09-05 |access-date=8 February 2023 |work=Business Today |date=5 September 2014 |language=en}}</ref>
| logo = Kaya_Clinic_logo.png
| logo = Kaya_Clinic_logo.png
| logo_size = 175px
| logo_size = 175px
| logo_caption = Kaya Clinic
| logo_caption = Kaya Clinic
| traded_as = {{NSE|KAYA}}
| traded_as = {{NSE|KAYA}}<br>{{BSE|539276}}
| founder = [[Harsh Mariwala]]
| founder = [[Harsh Mariwala]]
| key_people = Rajiv Nair <small> (Group CEO)</small><br />Bhairavie Puri <small>(COO)</small><br /> Nivedita Nanda<small>(CHRO)</small><br /> Saurabh Shah <small>(CFO)</small><br /> Pooja Sahgal <small>(CMO)</small><br /> Dr. Sangeeta Velaskar<br />Vikas Agarwal <small> (CEO Middle East)</small><br />
| | key_people = Harsh Mariwala <small>(Chairman and MD)</small><br />Rajiv Suri <small>(Global CEO)</small><ref>{{cite news |title=Kaya appoints former Shoppers Stop MD Rajiv Suri as global CEO |url=https://www.livemint.com/companies/people/kaya-appoints-former-shoppers-stop-md-rajiv-suri-as-global-ceo-11632723245089.html |access-date=8 February 2023 |work=mint |date=27 September 2021 |language=en}}</ref><br />Arihant Dhariwal <small>(CFO)</small>
| revenue = {{increase}} {{INR}}410.3 crore<ref>{{cite web |url=http://www.kaya.in/investors/pdf/KAYA%20AR%202017.pdf |title=Annual report |date= 2017|website=www.kaya.in |format=PDF|access-date=2021-04-14}}</ref>
| revenue = {{increase}} {{INR}}410.3 crore<ref>{{cite web |url=http://www.kaya.in/investors/pdf/KAYA%20AR%202017.pdf |title=Annual report |date= 2017|website=www.kaya.in |access-date=2021-04-14}}</ref>
| revenue_year = 2017
| revenue_year = 2017
| area_served = [[India]]<br /> [[Middle East]]
| area_served = [[India]]<br /> [[Middle East]]
| industry = [[Skin Care]]
| industry = [[Skincare]]<ref>{{cite news |last1=Iyer |first1=Byravee |title=Kaya's new face |url=https://www.business-standard.com/article/management/kaya-s-new-face-109120700032_1.html |access-date=8 February 2023 |work=Business Standard India |date=7 December 2009}}</ref>
| parent = [[Marico]]
| services = [[Skincare]]<br /> [[Haircare]]<br /> [[Personal care]]<br /> [[Beauty services]]
| products = [[Skin care]]<br /> [[Hair care]]<br /> [[Personal care]]<br /> [[Beauty services]]
| website = {{URL|https://www.kaya.in}}<BR>{{URL|https://www.kayaskinclinic.com}}
| website =  
| foundation = {{Start date and age|2003}}
| foundation = {{Start date and age|2003}}
| location = [[Mumbai]], [[India]]
| location = [[Mumbai]], [[Maharashtra]], India
}}
}}


'''Kaya Clinic''' (also known as '''Kaya Skin Clinic''') is a provider of [[skincare]], [[haircare]], and bodycare treatments. It was founded in 2003 by Harsh Mariwala.<ref>{{cite news|title=S. Subramanian, CEO, Marico Kaya Enterprise Limited|url=http://www.indiainfoline.com/article/news-top-story/s-subramanian-ceo-marico-kaya-enterprise-limited-114122000027_1.html|accessdate=20 December 2014|publisher=IndiaInfoline}}</ref>
'''Kaya Clinic''' (also known as '''Kaya Skin Clinic''') is an Indian multinational [[skincare]], [[haircare]], and bodycare treatment provider.<ref>{{Cite web |date=2023-10-18 |title=Why Harsh Mariwala Has Failed To Find Cure For His Lacklustre Kaya Clinic |url=https://www.outlookbusiness.com/corporate/why-harsh-mariwala-has-failed-to-find-cure-for-his-lacklustre-kaya-clinics |access-date=2025-06-27 |website=Outlook Business |language=en}}</ref> It was founded in 2003 by [[Harsh Mariwala]], the chairman of [[Marico]].<ref>{{cite news |title=Why Marico shed its Kaya skin |url=https://www.thehindubusinessline.com/companies/why-marico-shed-its-kaya-skin/article62259484.ece |access-date=8 February 2023 |work=The Hindu Businessline |date=10 February 2013 |language=en}}</ref><ref>{{cite news |last1=Agarwal |first1=Sapna |title=Kaya to go back to original specialist skincare positioning |url=https://www.livemint.com/Companies/vMRfNNSavhWcC5yUVyrNdN/Kaya-exitssalon-business.html |access-date=8 February 2023 |work=mint |date=19 February 2014 |language=en}}</ref>


Harsh Mariwala, the chairman of Marico Limited, conceptualized the prototype of Kaya Skin Clinic at Marico's corporate office in 2002.
There are more than 75 Kaya Clinics across 26 cities in India. Kaya also has 23 clinics across 3 countries in [[West Asia]] and [[e-commerce]] portals in India & [[Middle East]].<ref>{{Cite web|url=http://www.wellnessindia.com/interview/beauty-and-wellness/aesthetics/We-have-elaborate-yearly-expansion-plans-in-India-Middle-East-Kaya-CEO.i99/|title=We have elaborate yearly expansion plans in India & Middle East: Kaya CEO|website=www.wellnessindia.com|access-date=2016-03-18}}</ref><ref name="BSE-India">{{cite web |url=http://www.bseindia.com/downloads/ipo/2015812104855Kaya%20-%20Final%20IM.pdf |title=Company info|website=www.bseindia.com |access-date=2021-04-14}}</ref>


==History==
==History==
Harsh Mariwala conceptualized the prototype of Kaya Skin Clinic at Marico's corporate office in 2002.<ref>{{cite news |last1=Tewari |first1=Saumya |title=Kaya undergoes brand revamp to target young consumers |url=https://www.livemint.com/Companies/7v3uQaaeSdhX72cndvZwyI/Kaya-undergoes-brand-revamp-to-target-young-consumers.html |access-date=8 February 2023 |work=mint |date=23 November 2018 |language=en}}</ref> The company was incorporated on 27 March 2003 as part of Marico Limited.<ref>{{cite web |title=Information Memorandum |url=https://www.kaya.in/investors/pdf/Information%20Memorandum.pdf |publisher=Kaya.in}}</ref>


The company was incorporated on 27 March 2003 as part of Marico Limited.<ref>{{cite web |title=Information Memorandum |url=https://www.kaya.in/investors/pdf/Information%20Memorandum.pdf |publisher=Kaya.in}}</ref> It was demerged from Marico in September 2013 to become an independent entity and is currently traded on the National Stock Exchange as KAYA.<ref>{{cite web |title=Marico to demerge Kaya into a separate listed company |url=https://in.reuters.com/article/marico-to-demerge-kaya-into-a-separate-l/marico-to-demerge-kaya-into-a-separate-listed-company-idINDEE90704M20130108 |website=IN |publisher=Reuters |language=en-IN}}</ref><ref>{{cite web |title=Kaya Share Price Live, Kaya Stock Price Today |url=https://economictimes.indiatimes.com/kaya-ltd/stocks/companyid-21946.cms |website=The Economic Times}}</ref>
In 2010, Kaya Limited acquired Singapore-based company Derma Rx, which they later divested to KV Asia Capital in December 2013.<ref>{{cite news|title=Marico's skincare unit buys Singapore's Derma Rx|url=http://www.livemint.com/Companies/DGJFMNEx5rkaszn3zlW9IK/Marico8217s-skincare-unit-buys-Singapore8217s-Derma-Rx.html|publisher=Live Mint}}</ref>


There are more than 70 Kaya Clinics across 26 cities in India.<ref name=about>{{Cite web|url=http://www.kaya.in/about-us|title=About Us {{!}} kaya|website=www.kaya.in|access-date=2016-03-18}}</ref> Kaya also has 23 clinics across 3 countries in the [[Middle East]] and [[e-commerce]] portals in India & Middle East.<ref>{{Cite web|url=http://www.wellnessindia.com/interview/beauty-and-wellness/aesthetics/We-have-elaborate-yearly-expansion-plans-in-India-Middle-East-Kaya-CEO.i99/|title=We have elaborate yearly expansion plans in India & Middle East: Kaya CEO|website=www.wellnessindia.com|access-date=2016-03-18}}</ref><ref name="BSE-India">{{cite web |url=http://www.bseindia.com/downloads/ipo/2015812104855Kaya%20-%20Final%20IM.pdf |title=Company info|website=www.bseindia.com |format=PDF|access-date=2021-04-14}}</ref>
It was demerged from Marico in September 2013 to become an independent entity called Marico Kaya Enterprises and its shares began trading on NSE and BSE in July 2014.<ref>{{cite web |title=Marico to demerge Kaya into a separate listed company |url=https://in.reuters.com/article/marico-to-demerge-kaya-into-a-separate-l/marico-to-demerge-kaya-into-a-separate-listed-company-idINDEE90704M20130108 |archive-url=https://web.archive.org/web/20170907090253/http://in.reuters.com/article/marico-to-demerge-kaya-into-a-separate-l/marico-to-demerge-kaya-into-a-separate-listed-company-idINDEE90704M20130108 |url-status=dead |archive-date=7 September 2017 |website=IN |publisher=Reuters |language=en-IN}}</ref><ref>{{cite news |last1=Agarwal |first1=Sapna |title=Marico to demerge, list Kaya business |url=https://www.livemint.com/Companies/zmL8Wg6hyQIJRqcMLlp4BO/Marico-to-demerge-list-Kaya-business.html |access-date=8 February 2023 |work=mint |date=7 January 2013 |language=en}}</ref> In May 2015, as a result of a [[scheme of arrangement]], Marico Kaya shares were suspended from trading, and shareholders were allotted equal number of Kaya Limited shares, which got listed on the exchanges in August 2015.<ref>{{cite news |title=Marico group's Kaya Limited to be listed on Friday |url=https://economictimes.indiatimes.com/markets/stocks/news/marico-groups-kaya-limited-to-be-listed-on-friday/articleshow/48472962.cms |access-date=8 February 2023 |work=The Economic Times |date=13 August 2015}}</ref>


In 2010, Kaya Limited acquired Singapore-based company Derma Rx, which they later divested to KV Asia Capital in December 2013.<ref>{{cite news|title=Marico's skincare unit buys Singapore's Derma Rx|url=http://www.livemint.com/Companies/DGJFMNEx5rkaszn3zlW9IK/Marico8217s-skincare-unit-buys-Singapore8217s-Derma-Rx.html|publisher=Live Mint}}</ref><ref>{{Cite web|url=https://www.livemint.com/Companies/DGJFMNEx5rkaszn3zlW9IK/Marico8217s-skincare-unit-buys-Singapore8217s-Derma-Rx.html|title=Marico's skincare unit buys Singapore's Derma Rx|date=May 25, 2010|website=mint}}</ref> In the same year, Marico demerged its specialty beauty solutions chain Kaya into a separate company, Kaya Limited.<ref>{{Cite web|url=https://www.reuters.com/article/marico-to-demerge-kaya-into-a-separate-l-idINDEE90704M20130108|title=Marico to demerge Kaya into a separate listed company|date=January 8, 2013|via=www.reuters.com}}</ref>
In 2016, Kaya rebranded itself as Kaya Clinic.<ref>{{Cite web|url=https://economictimes.indiatimes.com/kaya-ltd/chairmanspeech/companyid-21946.cms|title=Kaya Chairman Speech {{pipe}} Latest speech by Chairman of Kaya - The Economic Times|website=economictimes.indiatimes.com}}</ref>


In 2016, Kaya's advanced solutions for hair-related concerns were launched, thereby rebranding itself as Kaya Clinic.<ref>{{Cite web|url=https://economictimes.indiatimes.com/kaya-ltd/chairmanspeech/companyid-21946.cms|title=Kaya Chairman Speech {{pipe}} Latest speech by Chairman of Kaya - The Economic Times|website=economictimes.indiatimes.com}}</ref>
==Shareholding==


==Business==
The majority of the Kaya Limited's shares (60.70%) are held by the promoters group. The rest is divided between the individual public (20.93%), foreign institutions (6.30%), Mutual Funds (3.63%), Body Corporate (5.65%) and others as on 7 August 2015.<ref>{{cite news|title=Marico Kaya Stock Details|url=http://www.moneycontrol.com/india/stockpricequote/miscellaneous/maricokayaenterprises/MKE01|publisher=Money Control}}</ref>


===Kaya Skin Clinic===
Indian investor and fund manager [[Porinju Veliyath]], on behalf of his portfolio management firm Equity Intelligence India Ltd, bought a 5% stake in Kaya Limited on 8 June 2017.<ref>{{cite web|title=Staking it high in the stock markets|url=http://www.newindianexpress.com/cities/kochi/2017/jun/24/staking-it-high-in-the-stock-markets-1620192--1.html|archive-url=https://web.archive.org/web/20170627041313/http://www.newindianexpress.com/cities/kochi/2017/jun/24/staking-it-high-in-the-stock-markets-1620192--1.html|url-status=dead|archive-date=27 June 2017|website=New Indian Express|accessdate=11 July 2017}}</ref>
There are 73 clinics spread across 26 cities in India and 23 clinics, spread across 3 countries and 9 cities, in the Middle East. It is the largest international chain of skincare clinics in the Middle East with presence across [[UAE]], [[Saudi Arabia]], & [[Oman]]. Kaya offers dermatological solutions across [[laser hair removal]], anti-ageing, [[acne]], [[pigmentation]], scars, [[hair loss|hair, body contouring]], for both women and men.<ref>{{cite news|title=Kaya Skin Bar Launches 17th Outlet In India|url=http://www.siliconcitynews.com/?p=18595|publisher=Silicon City News}}</ref>
 
===Kaya Skin Bar===
In 2013, Kaya introduced Kaya Skin Bar in India to tap the large skin and hair concern market. Kaya Skin Bars are shop-in-shop outlets across Shoppers Stop, Lifestyle, Health & Glow and other such chains.<ref>{{Cite web|url=https://timesofindia.indiatimes.com/kaya-skin-clinic-has-launched-kaya-skin-bar-a-new-retail-format-and-18-new-specialized-products-/articleshow/17478291.cms|title=Kaya Skin Clinic has launched Kaya skin bar, a new retail format and 18 new specialized products. -- - Times of India|website=The Times of India}}</ref><ref>{{Cite web|url=https://www.business-standard.com/article/management/kaya-first-cure-then-care-114090700751_1.html|title=Kaya: First cure, then care|first=Vishal|last=Chhabria|date=September 7, 2014|via=Business Standard}}</ref>
 
===Kaya E-Commerce===
Kaya also launched its own e-commerce platform both in India & Middle East.<ref>{{Cite web|last=Products|first=Kaya Skin|title=Buy Skin, Hair and Body Care Products Online|url=https://kayaskinproducts.com/|access-date=2020-10-20|website=Kaya Skin Products|language=en}}</ref>
Kaya's products are also available at other online portals like [[Nykaa]], [[Amazon (company)|Amazon]], [[Jabong.com|Jabong]], [[Myntra]], [[Flipkart]], [[Bigbasket|Big Basket]], [https://www.karaskinandhairclinic.com/ Groffers] etc. in India, and Amazon, Noon in the Middle East.<ref>{{cite news|title=Kaya to tie up with online player Ebay|url=http://www.thehindubusinessline.com/companies/kaya-skin-clinic-partners-with-ebay-to-expand-its-ecommerce-presence/article6412767.ece|publisher=The Hindu Business Line}}</ref><ref>{{Cite web|url=http://www.kaya.in/investors/|title=Kaya|website=www.kaya.in|access-date=2016-04-01}}</ref>
 
==Corporate affairs==
 
The majority of the Kaya Limited's shares (60.70%) are held by the promoters group. The rest is divided between the individual public (20.93%), foreign institutions (6.30%), Mutual Funds (3.63%), Body Corporate (5.65%) and others as on August 7, 2015.<ref>{{cite news|title=Marico Kaya Stock Details|url=http://www.moneycontrol.com/india/stockpricequote/miscellaneous/maricokayaenterprises/MKE01|publisher=Money Control}}</ref>
 
[[Porinju Veliyath]] – the noted Indian Value Investor and Fund Manager on behalf of his portfolio management firm Equity Intelligence India Ltd bought 5 percent of Kaya Limited on June 8, 2017.<ref>{{cite web|title=Staking it high in the stock markets|url=http://www.newindianexpress.com/cities/kochi/2017/jun/24/staking-it-high-in-the-stock-markets-1620192--1.html|website=New Indian Express|publisher=New Indian Express|accessdate=11 July 2017}}</ref>


== References ==
== References ==
{{reflist}}
{{Reflist}}


[[Category:Indian companies established in 2003]]
[[Category:Indian companies established in 2003]]
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[[Category:2003 establishments in Maharashtra]]
[[Category:2003 establishments in Maharashtra]]
[[Category:Manufacturing companies established in 2003]]
[[Category:Manufacturing companies established in 2003]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Latest revision as of 15:37, 27 June 2025


Kaya Limited
Formerly
Marico Kaya Enterprises[1]
Traded asNSEKAYA
BSE539276
IndustrySkincare[2]
Founded2003; 23 years ago (2003)
Founder(s)Harsh Mariwala
HeadquartersMumbai, Maharashtra, India
Area served
India
Middle East
Key people
Harsh Mariwala (Chairman and MD)
Rajiv Suri (Global CEO)[3]
Arihant Dhariwal (CFO)
ServicesSkincare
Haircare
Personal care
Beauty services
RevenueIncrease 410.3 crore[4] (2017)
Websitewww.kaya.in
www.kayaskinclinic.com

Kaya Clinic (also known as Kaya Skin Clinic) is an Indian multinational skincare, haircare, and bodycare treatment provider.[5] It was founded in 2003 by Harsh Mariwala, the chairman of Marico.[6][7]

There are more than 75 Kaya Clinics across 26 cities in India. Kaya also has 23 clinics across 3 countries in West Asia and e-commerce portals in India & Middle East.[8][9]

History[edit | edit source]

Harsh Mariwala conceptualized the prototype of Kaya Skin Clinic at Marico's corporate office in 2002.[10] The company was incorporated on 27 March 2003 as part of Marico Limited.[11]

In 2010, Kaya Limited acquired Singapore-based company Derma Rx, which they later divested to KV Asia Capital in December 2013.[12]

It was demerged from Marico in September 2013 to become an independent entity called Marico Kaya Enterprises and its shares began trading on NSE and BSE in July 2014.[13][14] In May 2015, as a result of a scheme of arrangement, Marico Kaya shares were suspended from trading, and shareholders were allotted equal number of Kaya Limited shares, which got listed on the exchanges in August 2015.[15]

In 2016, Kaya rebranded itself as Kaya Clinic.[16]

Shareholding[edit | edit source]

The majority of the Kaya Limited's shares (60.70%) are held by the promoters group. The rest is divided between the individual public (20.93%), foreign institutions (6.30%), Mutual Funds (3.63%), Body Corporate (5.65%) and others as on 7 August 2015.[17]

Indian investor and fund manager Porinju Veliyath, on behalf of his portfolio management firm Equity Intelligence India Ltd, bought a 5% stake in Kaya Limited on 8 June 2017.[18]

References[edit | edit source]

  1. "Changing Kaya's positioning was a mistake, says Marico Chairman Harsh Mariwala". Business Today. 5 September 2014. Retrieved 8 February 2023.
  2. Iyer, Byravee (7 December 2009). "Kaya's new face". Business Standard India. Retrieved 8 February 2023.
  3. "Kaya appoints former Shoppers Stop MD Rajiv Suri as global CEO". mint. 27 September 2021. Retrieved 8 February 2023.
  4. "Annual report" (PDF). www.kaya.in. 2017. Retrieved 14 April 2021.
  5. "Why Harsh Mariwala Has Failed To Find Cure For His Lacklustre Kaya Clinic". Outlook Business. 18 October 2023. Retrieved 27 June 2025.
  6. "Why Marico shed its Kaya skin". The Hindu Businessline. 10 February 2013. Retrieved 8 February 2023.
  7. Agarwal, Sapna (19 February 2014). "Kaya to go back to original specialist skincare positioning". mint. Retrieved 8 February 2023.
  8. "We have elaborate yearly expansion plans in India & Middle East: Kaya CEO". www.wellnessindia.com. Retrieved 18 March 2016.
  9. "Company info" (PDF). www.bseindia.com. Retrieved 14 April 2021.
  10. Tewari, Saumya (23 November 2018). "Kaya undergoes brand revamp to target young consumers". mint. Retrieved 8 February 2023.
  11. "Information Memorandum" (PDF). Kaya.in.
  12. "Marico's skincare unit buys Singapore's Derma Rx". Live Mint.
  13. "Marico to demerge Kaya into a separate listed company". IN. Reuters. Archived from the original on 7 September 2017.
  14. Agarwal, Sapna (7 January 2013). "Marico to demerge, list Kaya business". mint. Retrieved 8 February 2023.
  15. "Marico group's Kaya Limited to be listed on Friday". The Economic Times. 13 August 2015. Retrieved 8 February 2023.
  16. "Kaya Chairman Speech | Latest speech by Chairman of Kaya - The Economic Times". economictimes.indiatimes.com.
  17. "Marico Kaya Stock Details". Money Control.
  18. "Staking it high in the stock markets". New Indian Express. Archived from the original on 27 June 2017. Retrieved 11 July 2017.