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Amrutanjan Healthcare

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Amrutanjan Healthcare Limited
Company typePublic
IndustryAyurvedic health-care products, beauty products, Informational Technology, Business process outsourcing
Founded1893; 131 years ago (1893)
FounderKasinathuni Nageswara Rao
Headquarters42–45 Luz Church Road, Mylapore, Chennai – 600004, India
Key people
S Sambhu Prasad[1]
(Chairman)
RevenueIncrease ₹421 crore (US$49 million) (FY22)
Increase ₹67 crore (US$7.8 million) (FY22)[2]
Websiteamrutanjan.com

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

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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.[3][4][7]

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

Products

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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

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Main article: Amrutanjan (balm)
Amrutanjan pain balm.

In 1936, Amrutanjan became a public limited company with the name Amrutanjan Limited.[3][12] Kasinathuni Nageswara Rao popularised the balm by distributing it free-of-cost at music concerts.[6][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]

References

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  1. ^ a b "Board of Directors". amrutanjan.com. Retrieved 26 December 2022.
  2. ^ "Amrutanjan Health Care Ltd Q4 FY2021-22 PAT drops QoQ to Rs. 14.70 crores". EquityBulls. 25 May 2022. Retrieved 19 April 2023.
  3. ^ a b c "Profile of Amrutanjan Healthcare Limited". Amrutanjan Healthcare Limited. Archived from the original on 16 June 2008.
  4. ^ a b Jain, Kajri (2007). Gods in the Bazaar: The Economies of Indian Calendar Art. Duke University Press. p. 124. ISBN 978-0822339267. ISBN 978-0-8223-3926-7.
  5. ^ Madras Rediscovered, Pg 206
  6. ^ a b Clayton, Mary; Bennett Zon (2007). Music and Orientalism in the British Empire, 1780s–1940s: Portrayal of the East. Ashgate Publishing Ltd. p. 206. ISBN 978-0754656043. ISBN 978-0-7546-5604-3.
  7. ^ a b Playne, Somerset; Arnold Wright (1914). Southern India: Its History, People, Commerce, and Industrial Resources. Asian Educational Services. pp. 642. ISBN 978-81-206-1344-7.
  8. ^ "Amrutanjan launches Diakyur". Express Pharma Online. 13 June 2002. Retrieved 21 October 2008.
  9. ^ Venkat, Archana (28 September 2004). "Amrutanjan's Affair with mouth fresheners". The Hindu Business Line. Retrieved 21 October 2008.
  10. ^ Varadharajan, S.; Narasimhan, P. (2 July 2001). "Amrutanjan Infotech's call centre to go online shortly". The Hindu. Archived from the original on 28 January 2002. Retrieved 24 September 2018.
  11. ^ "Amrutanjan buys Siva's Fruitnik fruit juice for Rs 26 cr". indiabusinessview. 3 March 2011.
  12. ^ Agarwala, Prakash Narain (1985). The History of Indian Business: A Complete Account of Trade Exchanges from 3000 B.C. to the Present Day. Vikas. p. 566. ISBN 0706926099. ISBN 978-0-7069-2609-5.
  13. ^ Patel, Tanvi (2 June 2020). "How a Freedom Fighter Gave India Its Favourite Pain Balm, Amrutanjan". thebetterindia.com.
  14. ^ "Amrutanjan becomes Amrutanjan Health". The Hindu. 13 November 2007. Archived from the original on 26 October 2008. Retrieved 21 October 2008.
  15. ^ "Amrutanjan set to enter US market". The Tribune. 5 July 2002. Retrieved 21 October 2008.
  16. ^ "Amrutanjan Healthcare launches new period pain roll-on under Comfy brand". cnbctv18.com. 2 November 2022.

Bibliography

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  • Muthiah, S. (2004). Madras Rediscovered. East West Books (Madras) Pvt Ltd. ISBN 81-88661-24-4.
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