 | |
 Corporate office of Murugappa Group | |
| Company type | Private |
|---|---|
| Industry | Conglomerate |
| Founded | 1900 |
| Founder | A.M.Murugappa Chettiar |
| Headquarters | Channai, Tamil Nadu, India |
Key people | M. M. Murugappan (Executive Chairman) M.V. Subbiah |
| Products | Agriculture Engineering Financial services |
| Revenue |  ₹74,220 crore (US$8.9 billion) (FY23)[1] |
| ₹10,424 crore (US$1.2 billion) (FY23)[1] | |
| ₹6,846 crore (US$820 million) (FY23)[1] | |
Number of employees | 73000 (2024) |
| Parent | Murugappa Holdings[2] |
| Subsidiaries | Carborundum Universal Ltd Cholamandalam Financial Holdings Ltd Cholamandalam Investment and Finance Company Cholamandalam MS General Insurance Coromandel International Ltd. Coromandel Engineering Company Ltd EID Parry Parry Agro Industries Ltd. Shanthi Gears Ltd Tube Investments of India Limited Net Access India Ltd and Wendt (India) Ltd CG Power and Industrial Solutions |
| Website | murugappa.com |
Murugappa Group is an Indian conglomerate founded in 1900 by A. M. Murugappa Chettiar.[3][4] The Group has 29 businesses including 10 companies listed on the NSE and the BSE.[5][1] Headquartered in Chennai, the major companies of the Group include Carborundum Universal, Cholamandalam Financial Holdings, Cholamandalam Investment and Finance, Cholamandalam MS General Insurance, Coromandel International, EID Parry, Parry Agro Industries, Shanthi Gears, Tube Investments of India, Wendt (India), and CG Power and Industrial Solutions.
The Group has presence in several segments including abrasives, auto components, bicycles, sugar, farm inputs, fertilisers, plantations, bioproducts and nutraceuticals. It owns brands like BSA, Hercules, Montra, Montra Electric, Mach City, Ballmaster, Ajax, Parry's, Chola, Gromor, Shanthi Gears and Paramfos. The Group has a workforce of over 60,000 employees.[6] The current executive chairman is MM Murugappan.[7]
- ^ a b c d Balachandar, G. (3 July 2023). "Murugappa Group posts strong double-digit growth in revenue and PAT in FY23". BusinessLine. Retrieved 21 March 2024.
- ^ "Forbes India's Richest". 29 September 2010. Archived from the original on 5 October 2010.
- ^ Raghunathan, Anuradha. "Forbes article on Murugappa Group".
- ^ "Murugappa group posts 18% growth in its profit to Rs 2,880 crore". 2 July 2019.
- ^ "Forbes India's Richest 2023".
- ^ "Conglomerates in India | Murugappa Group | Business Groups". 14 October 2015. Retrieved 2 June 2019.
- ^ Chandrashekhar, Anandi (5 February 2018). "Murugappa Group appoints MM Murugappan as executive chairman". The Economic Times. Retrieved 26 March 2018.