List of Murugappa Group of Companies

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Murugappa group of companies list

Established in 1900, the Murugappa Group of Companies is one of the largest business houses of India. The company is headquartered in Chennai. Valued at almost Rs 37,000 crores, the group has over 28 companies in its fold. The business interests of the group are in diverse areas like finance, engineering, sugar, agro products, abrasives, bicycles, and much more. Te group also has strategic alliance with leading global business conglomerates like Cargill, Mitsui Sumitomo, Foskor,Sociedad Química y Minera de Chile (SQM), etc.

Murugappa Group of Companies employs more than 50,000 people. Some of its major brands are Ajax, Ballmaster, Hercules, BSA, Chola, Shanthi Gears, etc. Its products reach several countries of the world, spanning all the continents. The present chairman of the group is Mr. M. M. Murugappan.

Here is an infographic that list all Murugappa group of companies, feel free to share it:

 

Murugappa group of companies list

Murugappa  Group Companies

As already discussed, the Murugappa  group operates close to 30 businesses under several verticals. Let’s take a look at some of the key companies of the group below:

Carborundum Universal Ltd

Carborundum Universal (CUMI) is among the country’s largest manufacturers of a wide range of industrial items like abrasives, adhesives, electro minerals, polymers, refractories, ceramics, aluminum oxide grains, etc. The company has a strong network of subsidiaries in countries like Russia, Canada, Thailand, South Africa, China, and more. Over the years, CUMI has also diversified into mining & power generation, with the acquisition of bauxite mines in Gujarat and the installation of hydroelectric power plants in Kerala.

  • Founded: 1954
  • Headquarters: Chennai
  • Founder : M. M. Murugappan
  • Revenue(2014): INR 22 billion
  • Number of employees: 439
  • Market Cap: 9,106 Cr.
  • Book Value: 103
  • Face Value: 1.00

Products

  • Abrasives
  • Electro minerals
  • Industrial ceramics
  • Super refractories

Address:

“Parry House”, 43, Moore Street, Chennai – 600 001

Cholamandalam MS General Insurance

A joint venture between the Murugappa Group and Japan’s Mitsui Sumitomo Insurance Group, the Cholamandalam MS General Insurance offers a wide range of insurance options like health, motor, marine, property, accident, travel, rural, and engineering insurances. With a network of almost 90 branches and 34,000+ agents all over the country, the company achieved a Gross Written Premium (GWP) of more than Rs 41,000 million in 2018. The company’s operating principles are – trust, technology, and transparency.

  • Founded: 2001
  • Headquarters: Chennai
  • Parent: Murugappa Group, Mitsui Sumitomo Insurance Group
  • Managing Director: Arun Agarwal
  • Revenue(2015): 38.48 crore
  • Number of employees: 7000+

Products

  • Vehicle Finance
  • Home Loans
  • Mortgage Loans
  • Wealth Management

Address:

2nd Floor No, Hari nivas Towers, 1st and, 163, Thambu Chetty St, Parry’s Corner, Chennai, Tamil Nadu 600001

Cholamandalam Financial Holdings Ltd

Earlier known as TI Financial Holdings Ltd, Cholamandalam Financial Holdings Ltd was established in 1949. It is a diversified financial firm with robust investments in many subdivisions of the group and also outside it.

  • Founded: 1949
  • Headquarters:
  • Founder : Murugappa Chettiar
  • Managing Director: Arun Alagappan
  • Revenue(2017-2018): Rs.56.16 Cr.
  • Number of employees: 7000
  • Market Cap: 10,420 Cr.
  • Book Value: 272
  • Face Value: 1.00

Products

  • Vehicle Finance
  • Home Loans
  • Mortgage Loans
  • Wealth Management

Address:

“Dare House”, No. 234 N.S.C Bose Road, Chennai- 600 001, India

Coromandel International Ltd

This organization was founded in 1960. It was known as Coromandel Fertilizers during its inception. Today, it is a subsidiary of EID Parry and a flagship company of the Murugappa Group. The company primarily manufactures fertilizers, pesticides, and specialty nutrients. Its manufacturing facilities, 16 in number, are located across India. It also a retail presence in the rural areas of Maharashtra, Karnataka, and Andhra Pradesh. The company also provides crop advisory services to a huge number of farmers. In 2020, the company earned revenues of more than Rs 13,000 crores. Some of its major products are Godavari, Parry Gold, Parry Super, Gromor, etc.

  • Founded: 1961
  • Headquarters: Secunderabad
  • Chairman: A Vellayan
  • Parent: Murugappa Group, EID Parry
  • Revenue(2020): 13,176.73 crores INR, US$1.8 billion
  • Number of employees: 4,894
  • Market Cap: 21,500 Cr.
  • Book Value: 165
  • Face Value: 1.00

Products

  • Phosphatic Fertilisers
  • Crop Protection Products
  • Specialty Nutrients

Address:

Coromandel House, Sardar Patel Road, Secunderabad 500 003, Telangana, India

Here is the Wadia group of Companies list.

Cholamandalam Investment and Finance Company Limited (CIFCL)

CIFCL is a premier financial & investment service provider under the umbrella of the Murugappa Group. It has over 1,000 branches across the country. With over 7,000 employees, the company is a major player in the areas of vehicle finance, home loans, loans against property, Agri loans, loans for SMEs, wealth management services, and securities services. The company manages assets worth more than Rs 54,000 crores. The Banking and Finance Post has ranked CIFCL as 9th among India’s top 50 NBFCs.

  • Founded: 1978
  • Headquarters: Chennai, Tamil Nadu, India
  • Managing Director: Arun Alagappan
  • Net income(2019): 1,885.34 crore
  • Total assets(2019): 54,279 crore (US$7.6 billion)
  • Number of employees: 7000+
  • Market Cap: 43,507 Cr.
  • Book Value: 110
  • Face Value: 2.00

Products

  • Vehicle Finance
  • Home Loans
  • Mortgage Loans
  • Wealth Management

Address:

Cholamandalam Investment, & Finance Company Limited (CIFCL), Dare House 1st Floor, 2, NSC Bose Road, Chennai 600001

EID Parry

EID Parry holds the distinction of being among the oldest existing companies in the entire Indian subcontinent. Its journey began almost 230 years ago. Established as Parry & Company, it merged with East India Distilleries & Sugars Ltd to become EID Parry. The Murugappa Group acquired the entity in 1981. Today, the company is a major producer of sugar in the country. It has 7 plants in India, located in the southern parts of the country. Their combined sugarcane crushing capacity is more than 32,000 metric tonnes per day. EID Parry is also in the business of manufacturing bio-products.

  • Founded: 1788
  • Headquarters:
  • Founder : M. M. Murugappan
  • Revenue(2020): 17,147.8 crores INR, US$2.4 billion
  • Number of employees: 50,000
  • Market Cap: 5,576 Cr.
  • Book Value: 234
  • Face Value: 1.00

Products

  • Sugar
  • Nutraceuticals
  • Sanitizer

Address:

“Dare House”, New No.2, Old 234, NSC Bose Road, Chennai – 600 001, Tamilnadu, India.

Coromandel Engineering Company Ltd (CEC)

Set up in 1947, CEC is among the primary players in India’s construction sector. It has many innovative building techniques to its credit, e.g. pre-engineered metal building process. It has constructed various landmark properties in several locations, some of them being the Holiday Inn (Bengaluru), Hotel Chola Sheraton (Chennai), etc. It has also constructed a wide range of residential properties of varying sizes across Chennai & Coimbatore, and large projects like TV towers, power plants, industrial units, etc.

  • Founded: 1947
  • Headquarters: Chennai
  • Chairman: M.M.Venkatachalam
  • Revenue(2020): 57.67 (in Rs. Cr.)
  • Number of employees: 50,000
  • Market Cap: 83.1 Cr.
  • Book Value: -2.33
  • Face Value: 10.0

Services:

  • Contract projects
  • Commercial projects

Address:

“Parry House”, 5th Floor, 43 Moore Street, P.B. No.1698, Chennai – 600 001

  • Phone Number: 044-25341513, 25301700
  • Email: coromandelengg@cec.murugappa.com, cscecl@cec.murugappa.com
  • Website: http://www.coromandelengg.com/

Parry Agro Industries Ltd.

Parry Agro is one of the leading producers of tea in India. Its key variants are CTC, Orthodox, Organic, and Green Tea. Its tea gardens are spread across some of the most prolific tea-growing regions of South India, e.g. in the Annamalai Hills and the Nilgiri-Wayanad region. It also has gardens in Assam. In total, the gardens are more than 3,200 hectares in size, producing over 14 million kg every year. The Iyerpadi Organic Tea, cultivated by Parry Agro, is among the most reputed organic teas sold in the international markets. 

  • Founded: 2011
  • Headquarters: Chennai
  • Founder: Venkatachalam MM
  • Revenue(2018):  INR 100 cr – 500 cr
  • Number of employees: 50,000
  • Market Cap: 97.6 Cr.
  • Book Value: -39.1
  • Face Value: 10.0

Products:            

  • Bulk Tea
  • Retail Tea Packs
  • Pepper
  • Ice Tea
  • Gift Pack

Address:

Parry House, 5th Floor, 43, Moore Street, Chennai 600 001

Also find the Piramal Group of Companies list here.

Investments of India Ltd (TII)

TII came into being in 1959 when TI Cycles of India and Tube Products of India came together. In the last 6 decades, the company has built a strong reputation for itself as a key manufacturer of engineering and metallurgical products. Strict implementation of Total Quality Management (TQM) principles have ensured near-zero defects and almost 100% customer satisfaction. Prudent utilization of resources has ensured a remarkable cost control system. The company manufactures cycles, diamond chains, metal formings, etc.

  • Founded: 1949
  • Headquarters: Ambattur, Chennai, Tamil Nadu, India
  • Founder: M. M. Murugappan
  • Net income(2012): US$ 0.966 billion
  • Total assets(2012): US$ 1.9 billion
  • Number of employees: 150 approx
  • Market Cap: 21,137 Cr.
  • Book Value: 91.8
  • Face Value: 1.00

Products

  • Cycles & Components
  • Engineering
  • Metal Formed Products
  • Technology Centre

Address:

Tube Investments of India Ltd., “Dare House”, 2, (Old No. 234), N S C Bose Road, Chennai- 600 001, India

  • Phone Number: +91 44 42177770-6
  • Fax Number: +91 44 42110404
  • Email: einward.ris@kfintech.com,rajkumar.kale@kfintech.com, investorservices@tii.murugappa.com
  • Website: http://www.tiindia.com/

Shanthi Gears

For a long time, Shanthi Gears has been at the forefront of gearbox and gear manufacturers of India. Powered by cutting-edge technology in its 4 factories, and helmed a team of 1,000+ extremely competent members of staff, Shanthi Gears continues to set new standards for product quality and service delivery levels. The company practices continuous innovation to ensure that only the best and most reliable products reach its customers. Besides manufacturing a range of standard and customized gearboxes, Shanthi Gears also provides installation support and refurbishment facilities.

  • Founded: 1960
  • Headquarters: Coimbatore
  • Founder: P. Subramanian
  • Revenue(2019-2020): 242 Cr.
  • Number of employees: 526
  • Market Cap: 1,013 Cr.
  • Book Value: 30.2
  • Face Value: 1.00

Products             

  • Shanthi Special Gearboxes
  • Shanthi Worm Gearboxes
  • Shanthi Bevel Helical Gearboxes
  • Shanthi Tube Mill Gearbox
  • Shanthi Geared Motors
  • Shanthi Extruder Gearbox
  • Shanthi Cooling Tower Gearbox

Address:

304-A, Shanthi Gears Road, Singanallur, Coimbatore – 641 005, Tamil Nadu, India.

  • Phone Number: +91 422 4545745
  • Fax Number: +91 422 4545700
  • Website: http://www.shanthigears.com/

Net Access India Ltd and Wendt (India) Ltd.

The digital wing of the Murugappa Group, Net Access India Ltd, and Wendt (India) Ltd is a leading operator in the domain of digital transformation of businesses in India. The business world is transforming rapidly, and Net Access facilitates this transformation in a smooth and seamless way. The company provides digital solutions to various industries like insurance, banking & finance, hospitality & tourism, manufacturing, healthcare, logistics, etc. The company provides services like Data Center Services, Cloud Services, Enterprise Mobility Management Services, Infrastructure Support Services, and various Digital Applications.

  • Founded: 2000
  • Headquarters: Chennai
  • Parent: Murugappa Group

Services:

  • Data Center Services
  • Remote Infrastructure Management
  • Managed Security Services
  • Software Development And Maintenance
  • IT Service Desk
  • Infrastructure Consulting Services
  • Visualization
  • Financial Services
  • Insurance Services
  • Develops And Maintains IT Enterprise-Wide Architecture

Address:

“Parry House”, 6th Floor, No:43, Moore Street, Chennai – 600001, India

  • Phone Number:  +91 44 4042 5757
  • Email: info@netaccess-india.com
  • Website: https://netaccess-india.com/

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