Alembic Group
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 | |
| BSE: 506235 NSE: ALEMBICLTD[1] | |
| Industry | Conglomerate |
| Founded | 1907 |
| Founder | Prof. T. K. Gajjar Prof. A. S. Kotibhasker B. D. Amin |
| Headquarters | Vadodara, Gujarat, India[2] |
Area served | Worldwide |
Key people | Chirayu Amin (Chairman) Malika C. Amin (MD) Udit Amin (Director) |
| Products | |
| Revenue |  ₹ 1524.06 million (2015-2016)[3] |
| ₹ 246.7 million (2015-2016)[3] | |
Number of employees | 319,000[1] |
| Subsidiaries |
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| Website | www |
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 T. K. Gajjar, A. S. Kotibhaskar 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]
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]
