What Does Murugappa Group Do?

Total employees27457
HeadquartersChennai
Founded1900

The Murugappa Group is one of India's leading business conglomerates, with a rich legacy of over 120 years. Headquartered in Chennai, India, the Group has a diverse portfolio spanning several key industries including Agri-solutions, Engineering, Financial Services, and Manufacturing. Known for its strong values of Integrity, Passion, Quality, Respect, and Responsibility, the Group comprises 29 businesses, including ten listed companies traded on NSE & BSE. It has a significant global presence, a strong workforce of over 73,000 employees, and is committed to sustainable growth, innovation, and community welfare.

Where Is Murugappa Group's Headquarters?

HQ Function

Serves as the central administrative and strategic hub for the entire conglomerate, overseeing corporate governance, financial planning, strategic initiatives, and group-level policies for its diverse member companies.

Notable Features:

Dare House is an iconic art-deco heritage building, known for its distinctive architecture and historical significance in Chennai's commercial landscape. It's a well-preserved landmark.

Work Culture:

The HQ fosters a professional, ethical, and collaborative work environment, deeply rooted in the Group's core values. It emphasizes long-term vision, stakeholder value, and sustainable business practices.

HQ Significance:

Dare House symbolizes the Group's enduring legacy, stability, and commitment to Chennai. It's not just an office but a representation of the Group's deep historical roots and contribution to Indian industry.

Values Reflected in HQ: The preservation and continued use of Dare House reflect the Group's respect for legacy, stability, integrity, and long-term commitment to its stakeholders and community.

Location:

The Murugappa Group operates globally, with its products and services reaching over 40 countries across 6 continents. Key group companies like Carborundum Universal (abrasives, ceramics), Tube Investments of India (chains, metal forming), and Coromandel International have manufacturing plants, R&D centers, and sales offices in regions including North America, Europe, Asia (excluding India), Australia, and Africa. This global footprint supports international sales, sourcing, and strategic partnerships.

Street Address:

Dare House, 234, N S C Bose Road, Parrys Corner

City:

Chennai

State/Province:

Tamil Nadu

Country:

India

Where Else Does Murugappa Group Operate Around the World?

Secunderabad, Telangana, India

Address: Coromandel House, 1-2-10, Sardar Patel Road, Secunderabad - 500 003, Telangana, India

Serves as the central hub for Coromandel's pan-India agri-business operations, driving innovation in farming solutions and supporting agricultural sustainability across the country.

Hosur, Tamil Nadu, India

Address: Plot No. 2, SIPCOT Industrial Complex, Hosur - 635 126, Tamil Nadu, India

Acts as a key production and supply chain hub for TI Cycles, catering to the growing domestic demand for mobility and fitness solutions and also serving export markets.

Pune, Maharashtra, India

Address: Various offices of group companies like CG Power and Industrial Solutions Ltd. are located in Pune, e.g., Kanjurmarg (Mumbai, close to Pune industrial belt) or specific Pune industrial areas.

Supports the engineering and manufacturing businesses of the Group, leveraging Pune's industrial ecosystem for production, talent acquisition, and market access in Western India.

Buying Intent Signals for Murugappa Group

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Murugappa Group? Meet the Executive Team

As of April 2025, Murugappa Group' leadership includes:

M.M. Murugappan - Member of the Murugappa Corporate Board (Former Executive Chairman)
Vellayan Subbiah - Chairman, Cholamandalam Investment and Finance Company Ltd. & Managing Director, Tube Investments of India Ltd.
Sridhar Rangarajan - Group Chief Financial Officer (CFO), Murugappa Group
Arun Alagappan - Executive Vice Chairman, Coromandel International Ltd & Executive Director, EID Parry (India) Ltd.

Who's Investing in Murugappa Group?

Murugappa Group has been backed by several prominent investors over the years, including:

Murugappa Family (Promoters and Promoter Group)
Public Shareholders (for its ten listed entities on NSE & BSE)
Foreign Institutional Investors (FIIs)
Domestic Institutional Investors (DIIs, including Mutual Funds and Insurance Companies like LIC)
Private Equity firms (in specific subsidiaries or ventures)

What Leadership Changes Has Murugappa Group Seen Recently?

Hire1
Exits0

The Murugappa Group and its constituent companies have seen some key leadership transitions and appointments aimed at driving strategic growth and strengthening governance. Notable changes often occur at the individual company board or senior management levels.

New Appointments:

Sridhar Rangarajan, Sridhar Rangarajan joined as Group CFO, tasked with overseeing the financial health and strategic financial planning for the diverse businesses of the Murugappa Group.

What Technology (Tech Stack) Is Used byMurugappa Group?

Discover the tools Murugappa Group uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Murugappa Group Email Formats and Examples

Email formats within the Murugappa Group can vary depending on the specific subsidiary company. However, for the main Murugappa Group corporate communications, a common pattern involves using the lastname followed by the first initial. For subsidiary companies, the domain name will change to the respective company's domain.

[lastname][firstinitial]@murugappa.com (e.g., SmithJ@murugappa.com)

Format

rangarajans@murugappa.com

Example

70%

Success rate

What's the Latest News About Murugappa Group?

The Hindu BusinessLineMay 24, 2024

Murugappa Group's Tube Investments arm TI Clean Mobility to raise ₹580 crore via CCDs

TI Clean Mobility Pvt Ltd, a subsidiary of Tube Investments of India (Murugappa Group), plans to raise ₹580 crore through compulsorily convertible preference shares (CCPS) and compulsorily convertible debentures (CCDs) from private equity investors, further fueling its EV business expansion....more

Business StandardMay 7, 2024

Murugappa Group's Tube Investments Q4 results: Net profit dips 13% to Rs 228 crore

Tube Investments of India (TII), an engineering company of Murugappa Group, reported a 13.08 per cent decline in its consolidated net profit to Rs 228.23 crore for the fourth quarter ended March 2024, citing challenging market conditions in certain segments....more

The Economic TimesFebruary 7, 2024

Murugappa Group's Cholamandalam Investment Q3 PAT surges 28% to Rs 876 crore

Cholamandalam Investment and Finance Company, the financial services arm of the Murugappa Group, reported a 28% year-on-year rise in its standalone profit after tax (PAT) to Rs 876 crore for the quarter ended December 2023, driven by strong disbursements and improved net income margin....more

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