Jubilant Bhartia Group

The Jubilant Bhartia Group is an Indian conglomerate with interests in pharmaceuticals, food services, agribusiness, energy, and other services.[3] It was founded in 1978 by Shyam Sundar Bhartia and Hari Bhartia and is headquartered in Noida, Uttar Pradesh.

History

Brothers Shyam Sundar Bhartia (husband of Shobhana Bhartia) and Hari Bhartia founded Vam Organics Limited on 21 June 1978.[4] The name was the abbreviation of the product the company manufactured, vinyl acetate monomer (VAM).[5] The business was seeded with funds obtained from their father Mohan Lal Bhartia, who was a steel wire and Rolex watch trader in Kolkata.[5] Vam Organics gained opportunities to carry out higher-value work for drug and chemical industries following

Companies

The Jubilant Bhartia Group has four flagship companies - Jubilant Pharmova, Jubilant Ingrevia, Jubilant FoodWorks and Jubilant Industries - all of which are publicly listed. The Group's other businesses are registered as private limited companies.[7]

Jubilant Pharmova

Jubilant Pharmova is the Jubilant Bhartia Group's first company and was established in 1978.[5] The company was renamed Jubilant Organosys Limited in 2001,[6] and Jubilant Life Sciences Limited in July 2010.[8] Jubilant Life Sciences was demerged to Jubilant Ingrevia on 1 February 2021,[9] and Jubilant Life Science Limited was renamed Jubilant Pharmova Limited.[10] The company has 3 business segments; pharmaceuticals, contract research and development services (CRO), and proprietary novel drugs.[11] Jubilant Pharmova is also a contract manufacturer of sterile injectables, ophthalmics, otics and ointments (sterile and non-sterile), creams and liquids. The company has the second largest commercial radio pharmacy network in the United States (US), and is the second largest company in the allergenic extract market in the US.[12]

Jubilant Ingrevia

The Jubilant Bhartia Group demerged its pharma and life sciences business, Jubilant Life Sciences Limited, to a new company called Jubilant Ingrevia Limited on 1 February 2021. The name Ingrevia is a portmanteau of the words "ingredients" and "life" (vie in French).[13] Jubilant Ingrevia was listed on the Bombay Stock Exchange on 19 March 2021.[14] The company is diversifed life sciences and chemicals company. The company's operations can be divided into three segments; speciality chemicals, nutrition and health solutions and life science chemicals.[15] As of 2022, the speciality chemicals contributed 33% of Jubilant Ingrevia's revenue, nutrition and health solutions contributed 18% and life science chemicals contributed 49%.[15]

As of 2022, Jubilant Ingrevia is the world's lowest cost producer of pyridine-based derivative products, one of the two producers of pyridine and a leader in 14 pyridine derivatives.[16]

Jubilant FoodWorks

Jubilant FoodWorks Limited is a food service company which holds the master franchise for Domino's Pizza in India, Nepal, Sri Lanka and Bangladesh, for Popeyes in India, Bangladesh, Nepal and Bhutan, and also for Dunkin' Donuts in India.

Jubilant Industries

Jubilant Industries was founded on 23 February 2007 as a private limited company. It was publicly listed on 16 March 2010.[20] It is a specialty chemical company that manufactures agrichemicals, polymers, adhesives and latex.[21]

Jubilant Enpro

Jubilant Enpro Private Limited (JEPL) was established in 1992.[22] Jubilant Energy, a subsidiary of Jubilant Enpro, was awarded a 10% stake in the KG Deendayal gas discovery block in 2003.[23]

Jubilant MotorWorks

Jubilant MotorWorks Private Limited was established in 2009. The company is an official dealer and partner for Audi in India.[24][25][26] The company is also an official dealer MG Motors India and Porsche India.

Jubilant Consumer

Jubilant Consumer Private Limited was established in 2013.

type	Conglomerate
founded	June 21, 1978 in Noida
founders	Shyam Sundar Bhartia Hari Bhartia
hq location	1A, Sector 16A
hq location city	Noida, Uttar Pradesh
hq location country	India‡R1R‡
area served	Worldwide
key people	Shyam Bhartia (Chairman & MD) Hari Bhartia (Co-Chairman & MD)
revenue	$3 billion
revenue year	2012
owners	Shyam Sundar Bhartia Hari Bhartia
num employees	46,000‡R2R‡
num employees year	2021
website	https://www.jubilantbhartia.com/