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Piramal Enterprises

Stock Price

₹859

2024-04-12

Market Capitalization

₹193 B

2024-04-12

Revenue

₹3.3 B

FY, 2023

Piramal Enterprises Summary

Company Summary

Overview
Piramal Group is a diversified conglomerate with operations in over 30 countries and a strong presence in more than 100 markets around the world. Since the late 1980s, Piramal Group has evolved from a textile-centric business to a diversified organization, which operates across sectors such as health care, life sciences, health care information management, financial services, specialty glass packaging and real estate.As a Group we have consistently identified opportunities ahead of the curve, even when market situations suggest the opposite. We invested in the domestic formulations business when others were focused on growing international generics. Our persistence paid off when a deal with Abbott in 2010 valued our business at USD 3.72 billion, an unprecedented 9x sales and 30x EBITDA.Over the past two decades, our Group has consistently focused on growth and today is ranked amongst the leading business conglomerates in India. The approach has been both organic and inorganic growth. We have built solid global partnerships to augment our presence in certain markets and continue to focus on core businesses by consistently investing in them. Piramal Group’s balance sheet today is in excess of USD 3 billion and over 70 percent of the revenues are generated from outside India. We are home to a team of over 7,500 people from around the world and at all times have over 21 nationalities working with us.Our philanthropic arm, Piramal Foundation, runs projects across health care, education, livelihood creation and youth empowerment. Projects like Piramal Sarvajal and e-Swasthya are now Harvard Business School Case Studies.
Type
Public
Status
Active
Founded
1988
HQ
Mumbai, IN | view all locations
Website
http://www.piramal.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Ajay Piramal

    Ajay Piramal, Chairman, Piramal Group

    • Peter DeYoung

      Peter DeYoung, CEO, Piramal Global Pharma, Piramal Enterprises Ltd., Chief Executive Officer, Critical Care

      • Deepak M. Satwalekar

        Deepak M. Satwalekar, Director

        • Anand Piramal

          Anand Piramal, Executive Director, Piramal Group, Non-Executive Director, Piramal Enterprises Ltd, Founder, Piramal Realty

          LocationsView all

          29 locations detected

          • Mumbai, MH HQ

            India

            Agastya Corporate Park, Amiti Building 601 6th Floor and Piramal Ananta Ground floor, 2nd Floor, 109A to 111, 109 A, 109A/1 to 109/21A, 110, 110/1 to 110/13, LBS Marg, Kamani Junction, Kurla West

          • Bethlehem, PA

            United States

            3950 Schelden Cir

          • Lexington, KY

            United States

            1500 Bull Lea Rd #250

          • Riverview, MI

            United States

            18655 Krause St

          • Sellersville, PA

            United States

            650 Cathill Rd

          • Chatswood, NSW

            Australia

            821 Pacific Hwy

          and 23 others

          Piramal Enterprises Financials

          Summary Financials

          Revenue (Q3, 2024)
          ₹5.1B
          Gross profit (Q3, 2024)
          ₹6.1B
          Net income (Q3, 2024)
          (₹23.8B)
          Cash (Q2, 2024)
          ₹39.2B
          EBIT (Q3, 2024)
          (₹40.1B)
          Enterprise value
          $653.1B

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