Samir Mehta is an Indian billionaire businessman who runs a multinational pharmaceutical company called Torrent Pharmaceuticals. He is the chairman of the company, which is a part of Torrent Group managed by him and his brother Sudhir Mehta. He holds a master's degree from the BK School of Business Management.
Torrent Pharma was founded by his late father Uttambhai Nathalal Mehta, who was a salesman for Swiss pharma giant Sandoz. The company has a market capitalisation of Rs 63,357 core as of September 15, 2023. The per piece price of the company was Rs 1,865.35 on September 15 on NSE.
According to Forbes, Samir has a real-time net worth of Rs 33,230 crore as of September 17, 2023. He belongs to Gujarat and is India's 7th richest pharma billionaire, as per Forbes World's Billionaires List. He gets the bulk of his wealth from Torrent Pharma. He also has a stake in Torrent Power, which provides electricity to more than 38 lakh customers in Gujarat and two other states. It is overseen by his older sibling Sudhir's son Jinal. Samir's sons Aman and Shaan also work in the pharma business.
Samir's emphasis on professional organisational design, precise execution and operational efficiencies has built a strong and globally competitive generic business platform in Torrent Pharma. Mehta has also guided the Group’s entry and growth in the Power sector.
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