Amrutanjan Healthcare Explained

Amrutanjan Healthcare Limited
Type:Public
Founder:Kasinathuni Nageswara Rao
Location:42–45 Luz Church Road, Mylapore, Chennai – 600004, India
Key People:S Sambhu Prasad[1]
(Chairman)
Industry:Ayurvedic health-care products, beauty products, Informational Technology, Business process outsourcing
Revenue: (FY22)
Net Income: (FY22)[2]

Amrutanjan Healthcare Limited is an Indian pharmaceutical company headquartered in Chennai, Tamil Nadu, India. It was founded by Kasinadhuni Nageswara Rao in Bombay (now Mumbai) in 1893.

History

Amrutanjan was established as a patent medicine business in Bombay (now Mumbai)[3] [4] in 1893 by K. Nageswara Rao Pantulu who was a journalist, social reformer and freedom fighter.[5] [6] [7] The headquarters were shifted to Madras (now Chennai) in 1914.

As of 2014, it is headed by Sambhu Prasad, the grandson of Nageshwara Rao.[1]

Products

Amrutanjan Healthcare's main product is its pain balm. In 2002, Amrutanjan Healthcare launched a series of anti-diabetic medicines called Diakyur.[8] In 2004, the company launched herbal mouth-fresheners under the brand name "Affair".[9]

The Amrutanjan group also includes a software company called Amrutanjan Infotech. In July 2001, Amrutanjan Infotech's call-centre began its operations.[10]

In May 2011 Amrutanjan diversified into foods, buying out Siva's Soft Drink Pvt Ltd, a Chennai-based company which sells fruit juices under the Fruitnik brand. It has relatively paid out 260 Million for the acquisition.[11]

Amrutanjan balm

See main article: Amrutanjan (balm).

In 1936, Amrutanjan became a public limited company with the name Amrutanjan Limited.[12] Kasinathuni Nageswara Rao popularised the balm by distributing it free-of-cost at music concerts.[13]

On 13 November 2007, the company changed its name from Amrutanjan Limited to Amrutanjan Healthcare Limited and has ever since been known by that name.[14]

On 4 July 2002, Amrutanjan Healthcare entered the U.S. market.[15]

In 2022, the company launched a period pain roll-on under Comfy brand.[16]

Bibliography

External links

Notes and References

  1. Web site: Board of Directors . amrutanjan.com . 26 December 2022 .
  2. News: Amrutanjan Health Care Ltd Q4 FY2021-22 PAT drops QoQ to Rs. 14.70 crores . 19 April 2023 . EquityBulls . 25 May 2022.
  3. Web site: Profile of Amrutanjan Healthcare Limited . Amrutanjan Healthcare Limited . dead . https://web.archive.org/web/20080616152043/http://www.amrutanjan.com/profile.html . 2008-06-16 .
  4. Book: Jain, Kajri. Gods in the Bazaar: The Economies of Indian Calendar Art. 2007. 124. Duke University Press. 978-0822339267. .
  5. [#Madras Rediscovered|Madras Rediscovered]
  6. Book: Clayton, Mary. Music and Orientalism in the British Empire, 1780s–1940s: Portrayal of the East. Bennett Zon. 2007. 206. Ashgate Publishing Ltd.. 978-0754656043. .
  7. Book: Playne, Somerset. Southern India: Its History, People, Commerce, and Industrial Resources. Arnold Wright. 1914. 642. Asian Educational Services. 978-81-206-1344-7.
  8. News: Amrutanjan launches Diakyur . 13 June 2002 . Express Pharma Online . 2008-10-21.
  9. News: Venkat . Archana . Amrutanjan's Affair with mouth fresheners . 28 September 2004 . The Hindu Business Line . 2008-10-21.
  10. News: Amrutanjan Infotech's call centre to go online shortly . https://web.archive.org/web/20020128065129/http://thehindu.com/thehindu/2001/07/02/stories/0602000c.htm . dead . 28 January 2002 . 2 July 2001 . S. . Varadharajan . P. . Narasimhan . . 24 September 2018.
  11. Web site: Amrutanjan buys Siva's Fruitnik fruit juice for Rs 26 cr. 3 March 2011. indiabusinessview.
  12. Book: Agarwala, Prakash Narain. The History of Indian Business: A Complete Account of Trade Exchanges from 3000 B.C. to the Present Day. 1985. 566. Vikas. 0706926099. .
  13. Web site: How a Freedom Fighter Gave India Its Favourite Pain Balm, Amrutanjan . thebetterindia.com . Patel . Tanvi . 2 June 2020 .
  14. News: Amrutanjan becomes Amrutanjan Health . 13 November 2007 . 2008-10-21. https://web.archive.org/web/20081026215151/http://www.hindu.com/2007/11/13/stories/2007111352701600.htm. 26 October 2008 . . dead.
  15. News: Amrutanjan set to enter US market . 5 July 2002 . The Tribune . 2008-10-21.
  16. Web site: Amrutanjan Healthcare launches new period pain roll-on under Comfy brand . cnbctv18.com . en . 2 November 2022.

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