Parle Agro continues to stand strong as one of the biggest beverage companies in India with iconic brand products loved by millions of people every day. From everyday drinks such as Frooti, Appy Fizz, SMOODH, and Bailey water have created a strong presence in the beverage market, Parle Agro has done well. Many people look for company’s net worth and ownership information, and this article gives a clear and accurate breakdown of everything you will need to know.
Company Overview
| Company | Parle Agro Pvt. Ltd. |
| Establishment Year | 1985 |
| Country of Origin | India (Mumbai) |
| Industry | Beverages & Packaged Drinks |
| Turnover (FY24) | ₹8,500 crore |
| Net Worth | ₹1,797 crore (FY 2023) |
| Revenue (FY24) | ₹3,126.06 crore |
| Employees | 5,500+ |
| Manufacturing Facilities | 84 |
| Outlets | 2 million+ |
| Global Presence | 50+ countries |
Parle Agro began its business in 1985 and has transformed the Indian beverage industry through its own unique product categories and strategic marketing moves. Headquartered in Mumbai, the company manages operations through a mammoth network and reaches out to the customers from all over the world.
Who Owns Parle Agro?
The Chauhan Family owns Parle Agro. The company separated from the original Parle Group decades ago and now is a completely independent and privately held company. Parle Agro has been growing steadily with great leadership and commitment to growing brands that are trusted by consumers.
Who Leads Parle Agro?
Parle Agro has great leadership at every level.
Prakash Jayantilal Chauhan is the Chairman and Managing Director. His experience and business vision has shaped an aggressive expansion of the company.
Schauna Chauhan is the CEO and handles high-level operations to expand the company across markets.
Nadia Chauhan is the Joint Managing Director and Chief Marketing Officer who has a knack of creating strong marketing campaigns and creating a brand identity.
Parle Agro Net Worth and Market Capitalization
Parle Agro’s net worth was reported to be around ₹1,797 crore as of March 31, 2023. The company improved its book net worth by about 1.2% in the last financial year. Since Parle Agro is a private unlisted company, therefore it does not have the market cap. No shares of Parle Agro are listed on any stock exchange.
Why Parle Agro Stands Out
Parle Agro is an exception as it is into innovation, good marketing and pan-India distribution. A network of more than 7500+ channel partners and 84 state-of-the-art manufacturing units assists the company to reach a large 2 million-strong retail outlets. The success of brands such as Frooti, Appy and SMOODH shows the company’s industry leadership and customer loyalty.
Parle Agro continues to establish and wants to be the No.1 beverage company in India.
