The Jubilant Bhartia Group is an Indian
conglomerate
Conglomerate or conglomeration may refer to:
* Conglomerate (company)
* Conglomerate (geology)
* Conglomerate (mathematics)
In popular culture:
* The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes
** Co ...
with interests in pharmaceuticals, food services, agribusiness, energy, and other services. 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. The name was the abbreviation of the product the company manufactured,
vinyl acetate monomer (VAM).
The business was seeded with funds obtained from their father Mohan Lal Bhartia, who was a steel wire and
Rolex watch trader in
Kolkata.
Vam Organics gained opportunities to carry out higher-value work for drug and chemical industries following
economic liberalisation in India in the 1990s. The company was renamed Jubilant Organosys in 2001, which began the use of the name "Jubilant" for the group.
On the recommendation of a friend who owned foreign pizza licences, the Bhartias entered into a master franchise partnership with
Domino's Pizza in 1996 and established Dominos Pizza India Private Limited. The company changed its name to Jubilant FoodWorks in 2009.
The Jubilant Bhartia Group had revenues of over $3 billion in 2012.
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.
Jubilant Pharmova
Jubilant Pharmova is the Jubilant Bhartia Group's first company and was established in 1978.
The company was renamed Jubilant Organosys Limited in 2001,
and Jubilant Life Sciences Limited in July 2010. Jubilant Life Sciences was demerged to Jubilant Ingrevia on 1 February 2021, and Jubilant Life Science LImited was renamed Jubilant Pharmova Limited. The company has 3 business segments;
pharmaceuticals
A medication (also called medicament, medicine, pharmaceutical drug, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy (pharmacotherapy) is an important part of the medical field and rel ...
,
contract research and development services (CRO), and proprietary novel drugs. 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.
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). Jubilant Ingrevia was listed on the Bombay Stock Exchange on 19 March 2021. 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.
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%.
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.
The company is one of the two largest manufactures of
Vitamin B3 globally, one of India's largest manufactures of
Vitamin B4
Vitamin B4 is a former designation given to several distinct chemical compounds, none of which is currently considered a true vitamin:
* Adenine
* Carnitine
Carnitine is a quaternary ammonium compound involved in metabolism in most mammals, p ...
, one of the two largest producers of
acetic anhydride
Acetic anhydride, or ethanoic anhydride, is the chemical compound with the formula (CH3CO)2O. Commonly abbreviated Ac2O, it is the simplest isolable anhydride of a carboxylic acid and is widely used as a reagent in organic synthesis. It is a col ...
and a large producer of
ethyl acetate.
Jubilant Ingrevia also offers speciality grades of ethanol, for uses in the pharmaceuticals, agrochemicals,
personal care
Personal care or toiletries are consumer products used in personal hygiene, personal grooming or for beautification.
Products
Personal care includes products as diverse as cleansing pads, colognes, cotton swabs, cotton pads, deodorant, eye lin ...
, and
fuel blending sectors.
The company produces the ethanol from
sugarcane
Sugarcane or sugar cane is a species of (often hybrid) tall, Perennial plant, perennial grass (in the genus ''Saccharum'', tribe Andropogoneae) that is used for sugar Sugar industry, production. The plants are 2–6 m (6–20 ft) tall with ...
molasses
Molasses () is a viscous substance resulting from refining sugarcane or sugar beets into sugar. Molasses varies in the amount of sugar, method of extraction and age of the plant. Sugarcane molasses is primarily used to sweeten and flavour foods ...
.
Jubilant Ingrevia also offers
contract development and manufacturing (CDMO) services to international innovator
pharmaceutical and
agrochemical
An agrochemical or agrichemical, a contraction of ''agricultural chemical'', is a chemical product used in industrial agriculture. Agrichemical refers to biocides ( pesticides including insecticides, herbicides, fungicides and nematicides) an ...
companies.
In 2022, the company signed a Rs 270 crore speciality chemicals CDMO contract with a top 10 globally leading innovator pharmaceutical company.
Jubilant FoodWorks
Jubilant FoodWorks Limited is a
food service company which holds the
master franchise for
Domino's Pizza in India,
Nepal,
Sri Lanka
Sri Lanka (, ; si, ශ්රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an ...
and
Bangladesh, for
Popeyes in India, Bangladesh, Nepal and Bhutan, and also for
Dunkin' Donuts
Dunkin' Donuts LLC, also known as Dunkin' and by the initials DD, is an American multinational coffee and doughnut company, as well as a quick service restaurant. It was founded by Bill Rosenberg (1916–2002) in Quincy, Massachusetts, in 195 ...
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. It is a
specialty chemical company that manufactures
agrichemicals,
polymers,
adhesives and
latex.
Jubilant Enpro
Jubilant Enpro Private Limited (JEPL) was established in 1992. Jubilant Energy, a subsidiary of Jubilant Enpro, was awarded a 10% stake in the KG Deendayal gas discovery block in 2003.
Jubilant MotorWorks
Jubilant MotorWorks Private Limited was established in 2009. The company is an official dealer and partner for
Audi in India.
The company is also an official dealer MG Motors India and Porsche India.
Jubilant Consumer
Jubilant Consumer Private Limited was established in 2013.
References
{{reflist
Indian companies established in 1978
Conglomerate companies of India
Multinational companies headquartered in India
Companies based in Noida
1978 establishments in Uttar Pradesh