Alembic Group

Alembic Group
BSE: 506235
NSE: ALEMBICLTD[1]
IndustryConglomerate
Founded1907; 117 years ago (1907)
FounderProf. T. K. Gajjar
Prof. A. S. Kotibhasker
B. D. Amin
HeadquartersVadodara, Gujarat, India[2]
Area served
Worldwide
Key people
Chirayu Amin (Chairman)
Malika C. Amin (MD)
Udit Amin (Director)
Products
RevenueIncrease ₹ 1524.06 million (2015-2016)[3]
Increase ₹ 246.7 million (2015-2016)[3]
Number of employees
319,000[1]
Subsidiaries
Websitewww.alembiclimited.com

Alembic Group is an Indian conglomerate headquartered in Vadodara. It was founded in 1907[5] and was initially known as Alembic Chemical Works Company Ltd. The company was founded by Prof. T.K. Gajjar, Prof. A.S. Kotibhasker and B.D. Amin.[6] It is one of the oldest industrial houses in India and has a diversified portfolio of business.[2] Their major businesses include, pharmaceuticals, healthcare, engineering, chemicals[1] and glassware production. In 2014–2015, the market cap of Alembic Group was ₹9,578 crore while its turnover was ₹2,200 crore.[2]

  1. ^ a b c "Alembic Ltd, ALEMBICLTD:NSI profile - FT.com". markets.ft.com. Retrieved 24 December 2021.
  2. ^ a b c "Alembic launches realty project in Bengaluru – Business Standard". 14 November 2014. Retrieved 28 March 2017.
  3. ^ a b "Annual Report 2015-2016" (PDF). Retrieved 28 March 2017.
  4. ^ "Real Estate Builders In Bangalore, Vadodara | Alembic Real Estate". Retrieved 28 January 2023.
  5. ^ "Alembic Pharmaceuticals Ltd. History Information". Business Standard India. Retrieved 24 December 2021.
  6. ^ "Alembic History | Alembic Information". The Economic Times. Retrieved 24 December 2021.