Murugappa Group
Corporate office of Murugappa Group | |
| Company type | Private |
|---|---|
| Industry | Conglomerate |
| Founded | 1900 |
| Founder | A.M.Murugappa Chettiar |
| Headquarters | Chennai, Tamil Nadu, India |
Key people | M. M. Murugappan (Executive Chairman) M.V. Subbiah |
| Products | Agriculture Engineering Financial services |
| Revenue | ₹85,000 crore (US$10 billion) (FY24) |
| ₹10,424 crore (US$1.2 billion) (FY23) | |
| ₹6,846 crore (US$810 million) (FY23) | |
Number of employees | 73000 (2024) |
| Parent | Murugappa Holdings |
| 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. The Group has 29 businesses including 10 companies listed on the NSE and the BSE. 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. In 2024, their net worth was estimated as ₹85,000 Crore (9.8 Billion USD).
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. The current executive chairman is MM Murugappan.