Piramal Enterprises Ltd Company Profile
Financial Services offers a full range of financial products that can be tailored to the needs of customers. Healthcare Insights and Analytics provides invaluable insights for life sciences companies, as well as healthcare providers and payers, through a variety of high-value-added data and analysis, research reports, and knowledge-based services.>
Piramal Enterprises Ltd
Pharmaceutical
- Establishment Year
1947
- Headquarters
India
- Key Management
Mr. Ajay Piramal (Chairman)
- Revenue (US$ Mn)
~ 1,745.8 (2021)
- Headcount
~ 6,638 (2021)
- Website
Business Description
Piramal Enterprises Ltd. is engaged in the provision of financial services and pharmaceuticals. It has three segments: Financial Services, Pharmaceuticals Manufacturing and Services, and Healthcare Insights and Analytics. The following divisions make up the Pharmaceuticals Manufacturing and Services segment: Critical Care, Pharma Solutions, Consumer Products Services, Imaging, and Imaging.
Financial Services offers a full range of financial products that can be tailored to the needs of customers. Healthcare Insights and Analytics provides invaluable insights for life sciences companies, as well as healthcare providers and payers, through a variety of high-value-added data and analysis, research reports, and knowledge-based services. The company was established in Mumbai, India on 26 April 1947.
Piramal Glass Ltd. (flaconnage) is a worldwide specialist in the design, manufacture, and decoration of glass packaging. Globally, we are the leader in glass packaging solutions for businesses like Pharmaceutical, Cosmetics & Perfumery, Specialty Food & Beverage, and Specialty Food & Beverage. Under the internationally recognized brand of “Piramal”, we offer complete glass packaging solutions in more than 50 countries.
We have our design and production footprints in the USA, India, and Sri Lanka. We have a total capacity of 1475 tonnes per hour, with 12 furnaces, 65 production lines, and a total production capacity of 1400 tonnes. To meet the needs of our customers worldwide, our manufacturing facilities offer the best in class in technology, design, layout, and layout. Our offices and warehouses are located in France, Germany and Turkey, Spain, the USA, and Brazil. We also have facilities in the UK, China, Sri Lanka, India, UAE, and the UK.
Key Financials
Revenue (US$ Mn)
- US$ 1,746 Mn was the annual revenue generated by Piramal Enterprises Ltd. in 2021
- Piramal Enterprises Ltd.’s annual revenue for 2020 was US$ 1,781 Mn, a 2.54% increase from 2019
- From 2018’s annual revenues, Piramal Enterprises Ltd. registered a -8.56% decrease in 2019, amounting to US$ 1,737 Mn
- Total revenue of US$ 1,900 Mn was generated in 2018 by Piramal Enterprises Ltd.
Operating Income(US$ Mn)
- Piramal Enterprises Ltd.’s operating income for 2021 was US$ 944 Mn, a 16.98% increase from the 2020
- The operating income generated by Piramal Enterprises Ltd. in 2020 was US$ 807 Mn
- At a -18.07% decrease, Piramal Enterprises Ltd.’s operating income of US$ 787 Mn was indexed in 2019
- Piramal Enterprises Ltd. generated an operating income of US$ 961 Mn in 2018
Net Income(US$ Mn)
- US$ 182 Mn was Piramal Enterprises Ltd.’s net income in 2021, a 5452.91% increase from 2020 figures
- Piramal Enterprises Ltd. indexed a -98.37% decrease in net incomes from 2019, amounting to US$ 3 Mn in 2020
- Piramal Enterprises Ltd. generated a net income of US$ 201 Mn in 2019
- A net income of US$ 698 Mn was indexed by Piramal Enterprises Ltd. in 2018
Operating Margin %
- 1% was the operating margin generated by Piramal Enterprises Ltd. in 2021
- Piramal Enterprises Ltd.’s operating margin for 2020 was 1%, a -10.29% decrease from 2019
- From 2018’s operating margins, Piramal Enterprises Ltd. registered a 13.33% increase in 2019, amounting to 1%
- An operating margin of 1% was generated in 2018 by Piramal Enterprises Ltd.
Gross Margin %
- Piramal Enterprises Ltd.’s gross margin for 2021 was 1%, a -16.38% decrease from 2020
- The gross margin generated by Piramal Enterprises Ltd. in 2020 was 1%
- At a 3.51% increase, Piramal Enterprises Ltd.’s gross margin of 1% was indexed in 2019
- Piramal Enterprises Ltd. generated a gross margin of 1% in 2018
SWOT Analysis
Strengths
Manufacturing Base
Piramal Glass is able to meet growing demands for its products because of its strong manufacturing capabilities. There are four manufacturing plants, one in India and one in the USA. The total production capacity is 1,375 TPD. The Kosamba plant in India produces glass vials and bottles USP of Types I, II, and III models for the pharmaceutical industry. Type III glass bottles are used in the cosmetics and perfumery industries. It also makes feeder-colored bottles in many shades. It also produces Type-I borosilicate glasses for molded pharmaceutical packaging.
The company’s Jambusar, India facility produces amber and flint containers for the Pharmaceuticals sector. Type III flint bottle for the pharmaceutical, cosmetics, and perfumery industries; as well as specialty food and beverage. The company’s Park Hills facility in the US produces Type III amber and flint glass bottles. In Sri Lanka, the Horana facility produces Type III amber and flint glass bottles for the pharmaceutical, cosmetics, and perfumery industries. It can produce Type-I, II, and III amber, flint, and vials molded amber, glass containers, and Type-I, III, and IV flint bottles.
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