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{{Short description|Indian conglomerate: pharmaceuticals, healthcare, engineering, chemicals}}
{{Use dmy dates|date=June 2022}}
{{Use Indian English|date=June 2022}}
{{Infobox company
{{Infobox company
| name = Alembic Group
| name = Alembic Group
| logo = Alembic_Pharmaceuticals_Ltd_logo.png
| logo = Alembic_Pharmaceuticals_Ltd_logo.png
| traded_as = {{BSE|506235}}<br/>{{NSE|ALEMBICLTD}}<ref name=FT>{{Cite web|title=Alembic Ltd, ALEMBICLTD:NSI profile - FT.com|url=https://markets.ft.com/data/equities/tearsheet/profile?s=ALEMBICLTD:NSI|access-date=2021-12-24|website=markets.ft.com}}</ref>
|traded_as={{BSE|506235}}<br/>{{NSE|ALEMBICLTD}}
| foundation = {{start date and age|1907}}
| foundation = {{start date and age|1907}}
| founder = Prof. T. K. Gajjar<br/>Prof. A. S. Kotibhasker<br/>B. D. Amin
| founder = Prof. T. K. Gajjar<br/>Prof. A. S. Kotibhasker<br/>B. D. Amin
| area_served = Worldwide
| area_served = Worldwide
| key_people = [[Chirayu Amin]] ([[Chairman]])<br/>Malika C. Amin ([[Managing Director|MD]])<br/>Udit Amin ([[Director (business)|Director]])
| key_people = [[Chirayu Amin]] ([[Chairman]])<br/>Malika C. Amin ([[Managing Director|MD]])<br/>Udit Amin ([[Director (business)|Director]])
| industry = [[Conglomerate (company)|Conglomerate]]
| industry = [[Conglomerate (company)|Conglomerate]]
| products = {{unbulleted list|[[Pharmaceuticals]] |[[Real estate]] |[[Glassware]] |[[Engineering |Engineering Services]] |Chemicals}}
| products = {{unbulleted list|[[Pharmaceuticals]] |[[Real estate]] |[[Glassware]] |[[Engineering |Engineering Services]] |Chemicals}}
| revenue = {{profit}} ₹ 1524.06 million (2015-2016)<ref name=ReferenceD>{{cite web|url=http://www.alembiclimited.com/Annual_Report/AL-Annual%20Report-2015-16.pdf|title= Annual Report 2015-2016|date=|access-date=28 March 2017}}</ref>
| revenue = {{profit}} ₹ 1524.06 million (2015-2016)<ref name=ReferenceD>{{cite web|url=http://www.alembiclimited.com/Annual_Report/AL-Annual%20Report-2015-16.pdf|title= Annual Report 2015-2016|date=|access-date=28 March 2017}}</ref>
| net_income = {{profit}} ₹ 246.7 million (2015-2016)<ref name=ReferenceD>{{cite web|url=http://www.alembiclimited.com/Annual_Report/AL-Annual%20Report-2015-16.pdf|title= Annual Report 2015-2016|date=|access-date=28 March 2017}}</ref>
| net_income = {{profit}} ₹ 246.7 million (2015-2016)<ref name=ReferenceD>{{cite web|url=http://www.alembiclimited.com/Annual_Report/AL-Annual%20Report-2015-16.pdf|title= Annual Report 2015-2016|date=|access-date=28 March 2017}}</ref>
| assets =
| assets =
| owner =
| owner =
| num_employees =
| num_employees = 319,000<ref name=FT />
| subsid =
| subsid = {{plainlist|
*[[Alembic Pharmaceuticals]]
⚫
| intl =
*Alembic Real Estate<ref>{{Cite web |title=Real Estate Builders In Bangalore, Vadodara {{!}} Alembic Real Estate |url=https://www.alembicrealestate.com/ |access-date=2023-01-28 |language=en-US}}</ref>
⚫
| slogan =
*Shreno Ltd(Alembic Glassware)
⚫
| location = [[Vadodara]], [[Gujarat]], India<ref name=ReferenceC>{{cite web|url=http://www.business-standard.com/article/companies/alembic-launches-realty-project-in-bengaluru-114111401680_1.html |title= Alembic launches realty project in Bengaluru – Business Standard. |date= |accessdate=28 March 2017}}</ref>
*Uday Education Trust
⚫
| homepage = {{URL|http://www.alembiclimited.com}}
}}
⚫
| intl =
⚫
| slogan =
⚫
| location = [[Vadodara]], [[Gujarat]], India<ref name=ReferenceC>{{cite web|url=http://www.business-standard.com/article/companies/alembic-launches-realty-project-in-bengaluru-114111401680_1.html |title= Alembic launches realty project in Bengaluru – Business Standard. |date= 14 November 2014|accessdate=28 March 2017}}</ref>
⚫
| homepage = {{URL|http://www.alembiclimited.com}}
}}
}}


'''Alembic Group''' is an Indian [[conglomerate (company)|conglomerate]] headquartered in [[Vadodara]]. It was founded in 1907 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. It is one of the oldest industrial houses in [[India]] and has a diversified portfolio of business.<ref name=ReferenceC>{{cite web|url=http://www.business-standard.com/article/companies/alembic-launches-realty-project-in-bengaluru-114111401680_1.html |title= Alembic launches realty project in Bengaluru – Business Standard. |date= |accessdate=28 March 2017}}</ref> Their major businesses include, [[pharmaceuticals]], [[healthcare]], [[engineering]], [[chemicals]] and [[glassware]] production. In 2014–2015, the market cap of Alembic Group was ₹9,578&nbsp;crore while its turnover was ₹2,200&nbsp;crore.<ref name=ReferenceC>{{cite web|url=http://www.business-standard.com/article/companies/alembic-launches-realty-project-in-bengaluru-114111401680_1.html |title= Alembic launches realty project in Bengaluru – Business Standard. |date= |accessdate=28 March 2017}}</ref>
'''Alembic Group''' is an Indian [[conglomerate (company)|conglomerate]] headquartered in [[Vadodara]]. It was founded in 1907<ref>{{Cite news|title=Alembic Pharmaceuticals Ltd. History Information |work=Business Standard India|url=https://www.business-standard.com/company/alembic-pharma-40294/information/company-history|access-date=2021-12-24}}</ref> 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.<ref>{{Cite web|title=Alembic History {{!}} Alembic Information|url=https://economictimes.indiatimes.com/alembic-ltd/infocompanyhistory/companyid-31.cms|access-date=2021-12-24|website=The Economic Times}}</ref> It is one of the oldest industrial houses in [[India]] and has a diversified portfolio of business.<ref name=ReferenceC>{{cite web|url=http://www.business-standard.com/article/companies/alembic-launches-realty-project-in-bengaluru-114111401680_1.html |title= Alembic launches realty project in Bengaluru – Business Standard. |date= 14 November 2014|accessdate=28 March 2017}}</ref> Their major businesses include, [[pharmaceuticals]], [[healthcare]], [[engineering]], [[chemicals]]<ref name=FT /> and [[glassware]] production. In 2014–2015, the market cap of Alembic Group was ₹9,578&nbsp;crore while its turnover was ₹2,200&nbsp;crore.<ref name=ReferenceC>{{cite web|url=http://www.business-standard.com/article/companies/alembic-launches-realty-project-in-bengaluru-114111401680_1.html |title= Alembic launches realty project in Bengaluru – Business Standard. |date= 14 November 2014|accessdate=28 March 2017}}</ref>


==History==
==History==
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===Real estate===
===Real estate===
Alchemy Real Estate is the real estate arm of Alembic Group and is involved in developing residential townships, [[Physical plant|industrial plants]], [[school]]s, [[Office|commercial offices]] and [[hospital]]s majorly in the state of [[Gujarat]]. In November 2014, Alchemy Real Estate launched its first project in the city of [[Bangalore|Bengaluru]] – [[Karnataka]].<ref name=ReferenceG>{{cite web|url=http://timesofindia.indiatimes.com/business/india-business/Alembic-group-forays-into-Bengalurus-real-estate-market/articleshow/45193221.cms|title= Alembic group forays into Bengaluru's real estate market – The Times of India.|date=|access-date=28 March 2017}}</ref>
Alchemy Real Estate is the real estate arm of Alembic Group and is involved in developing residential townships, [[Physical plant|industrial plants]], [[school]]s, [[Office|commercial offices]] and [[hospital]]s majorly in the state of [[Gujarat]]. In November 2014, Alchemy Real Estate launched its first project in the city of [[Bangalore|Bengaluru]] – [[Karnataka]].<ref name=ReferenceG>{{cite news|url=http://timesofindia.indiatimes.com/business/india-business/Alembic-group-forays-into-Bengalurus-real-estate-market/articleshow/45193221.cms|title= Alembic group forays into Bengaluru's real estate market – The Times of India.|website= [[The Times of India]]|date=18 November 2014|access-date=28 March 2017}}</ref>


===Glassware===
===Glassware===
Shreno Ltd. formerly known as Alembic Glass Industries Ltd. is a business of Alembic Group dedicated to glassware manufacturing.<ref name=ReferenceH>{{cite web|url=https://www.glassonweb.com/directory/shreno-ltd-glass-division|title= Glass on Web – Directory.|date=|access-date=28 March 2017}}</ref> Shreno Ltd. is involved in manufacture of table [[glassware]] under its brand name {{proper name|Yera Glassware}}.<ref name=ReferenceI>{{cite web|url=http://www.indiacatalog.com/web_directory/wd_detail.php?id=6627|title= Yera [Shreno Ltd] : Glass Division – India Catalog.|date=|access-date=28 March 2017}}</ref><ref name=ReferenceJ>{{cite web|url=http://www.financialexpress.com/archive/we-help-people-become-self-reliant-through-their-own-efforts/211185/|title= We help people become self-reliant through their own efforts – Financial Express.|date=|access-date=28 March 2017}}</ref>
Shreno Ltd. formerly known as Alembic Glass Industries Ltd. is a business of Alembic Group dedicated to glassware manufacturing.<ref name=ReferenceH>{{cite web|url=https://www.glassonweb.com/directory/shreno-ltd-glass-division|title= Glass on Web – Directory.|date=|access-date=28 March 2017}}</ref> Shreno Ltd. is involved in manufacture of table [[glassware]] under its brand name {{proper name|Yera Glassware}}.<ref name=ReferenceI>{{cite web|url=http://www.indiacatalog.com/web_directory/wd_detail.php?id=6627|title= Yera [Shreno Ltd] : Glass Division – India Catalog.|date=|access-date=28 March 2017}}</ref><ref name=ReferenceJ>{{cite web|url=http://www.financialexpress.com/archive/we-help-people-become-self-reliant-through-their-own-efforts/211185/|title= We help people become self-reliant through their own efforts – Financial Express.|date=4 November 2014|access-date=28 March 2017}}</ref>


===Philanthropy===
===Philanthropy===
====Schools====
====Schools====
The Alembic Group through its Uday Education Trust has established Alembic Group of Schools. The group has five schools which aid in providing affordable and high quality education to children based in [[Vadodara]] and [[Bangalore|Bangaluru]]. The Schools established are enlisted below.<ref name=ReferenceK>{{cite web|url=http://timesofindia.indiatimes.com/city/vadodara/Tiny-hands-give-2-5-tonnes-push-to-Pasti-campaign/articleshow/50117468.cms|title= Tiny hands give 2.5 tonnes push to 'Pasti' campaign – The Times of India.|date=|access-date=28 March 2017}}</ref>
The Alembic Group through its Uday Education Trust has established Alembic Group of Schools. The group has five schools which aid in providing affordable and high quality education to children based in [[Vadodara]] and [[Bangalore|Bangaluru]]. The Schools established are enlisted below.<ref name=ReferenceK>{{cite news|url=http://timesofindia.indiatimes.com/city/vadodara/Tiny-hands-give-2-5-tonnes-push-to-Pasti-campaign/articleshow/50117468.cms|title= Tiny hands give 2.5 tonnes push to 'Pasti' campaign – The Times of India.|website= [[The Times of India]]|date=10 December 2015|access-date=28 March 2017}}</ref>
* D. R. Amin Memorial School, [[Vadodara]]
* D. R. Amin Memorial School, [[Vadodara]]
* Utkarsh Vidyalaya, [[Vadodara]]
* Utkarsh Vidyalaya, [[Vadodara]]
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====Hospitals====
====Hospitals====
Alembic Group has established Bhailal Amin General Hospital (BAGH), a tertiary care multi-specialty [[hospital]] in [[Vadodara]]. BAGH is the only hospital approved by the state and [[Government of India|the central government of India]] to conduct cardiac treatment, [[Cardiac surgery|surgery]], [[Kidney transplantation|kidney transplants]]/surgery and [[cadaver]] transplants.<ref name=ReferenceJ>{{cite web|url=http://www.financialexpress.com/archive/we-help-people-become-self-reliant-through-their-own-efforts/211185/|title= We help people become self-reliant through their own efforts – Financial Express.|date=|access-date=28 March 2017}}</ref>
Alembic Group has established Bhailal Amin General Hospital (BAGH), a tertiary care multi-specialty [[hospital]] in [[Vadodara]]. BAGH is the only hospital approved by the state and [[Government of India|the central government of India]] to conduct cardiac treatment, [[Cardiac surgery|surgery]], [[Kidney transplantation|kidney transplants]]/surgery and [[cadaver]] transplants.<ref name=ReferenceJ>{{cite web|url=http://www.financialexpress.com/archive/we-help-people-become-self-reliant-through-their-own-efforts/211185/|title= We help people become self-reliant through their own efforts – Financial Express.|date=4 November 2014|access-date=28 March 2017}}</ref>


==References==
==References==
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* {{Official website | http://www.alembiclimited.com}}
* {{Official website | http://www.alembiclimited.com}}


[[Category:Pharmaceutical industry of Gujarat]]
[[Category:Pharmaceutical industry of India| ]]
[[Category:Companies based in Vadodara]]
[[Category:Companies based in Vadodara]]
[[Category:Chemical companies established in 1907]]
[[Category:Chemical companies established in 1907]]
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[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Companies listed on the Bombay Stock Exchange]]

{{med-company-stub}}

Latest revision as of 08:32, 20 May 2023

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]

History

Alembic Group initially began with primary focus on production of tinctures, alcohol, vitamins, penicillin, and eventually active pharmaceutical ingredients (API) thus majorly having a brief focus on the pharmaceutical business. However, in 2010, the group demerged its pharmaceutical business, thereby making it to be separate entity called Alembic Pharmaceuticals Ltd.[7]

Subsidiaries

This section lists the various businesses under Alembic Group.

Pharmaceutical

The Alembic Pharmaceuticals Ltd. is a public listed company belonging to the Alembic Group. It is involved in manufacture of pharmaceutical substances, pharmaceutical products and intermediates.[8]

Real estate

Alchemy Real Estate is the real estate arm of Alembic Group and is involved in developing residential townships, industrial plants, schools, commercial offices and hospitals majorly in the state of Gujarat. In November 2014, Alchemy Real Estate launched its first project in the city of Bengaluru – Karnataka.[9]

Glassware

Shreno Ltd. formerly known as Alembic Glass Industries Ltd. is a business of Alembic Group dedicated to glassware manufacturing.[10] Shreno Ltd. is involved in manufacture of table glassware under its brand name Yera Glassware.[11][12]

Philanthropy

Schools

The Alembic Group through its Uday Education Trust has established Alembic Group of Schools. The group has five schools which aid in providing affordable and high quality education to children based in Vadodara and Bangaluru. The Schools established are enlisted below.[13]

Hospitals

Alembic Group has established Bhailal Amin General Hospital (BAGH), a tertiary care multi-specialty hospital in Vadodara. BAGH is the only hospital approved by the state and the central government of India to conduct cardiac treatment, surgery, kidney transplants/surgery and cadaver transplants.[12]

References

  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.
  7. ^ "How the Amin family scions changed Alembic's fortunes – Forbes India". Retrieved 28 March 2017.
  8. ^ "Alembic Pharma Reports - NDTVProfit.com". Retrieved 28 March 2017.
  9. ^ "Alembic group forays into Bengaluru's real estate market – The Times of India". The Times of India. 18 November 2014. Retrieved 28 March 2017.
  10. ^ "Glass on Web – Directory". Retrieved 28 March 2017.
  11. ^ "Yera [Shreno Ltd] : Glass Division – India Catalog". Retrieved 28 March 2017.
  12. ^ a b "We help people become self-reliant through their own efforts – Financial Express". 4 November 2014. Retrieved 28 March 2017.
  13. ^ "Tiny hands give 2.5 tonnes push to 'Pasti' campaign – The Times of India". The Times of India. 10 December 2015. Retrieved 28 March 2017.
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