Alembic Limited engages in the manufacturing and marketing of fermentation and chemistry based active pharmaceutical ingredients (APIs) as well as real estate development in India. The company manufactures and sells APIs through its pharmaceutical segment; develops and constructs residential and commercial real estate projects; provides project management and marketing consultancy services; leases commercial properties; and operates co-generation power plants with 11 MW capacity and wind power plants with 5 MW capacity, exporting certain products internationally. Founded in 1907 and headquartered in Vadodara, Gujarat, India, Alembic Limited operates primarily in India and serves domestic and global markets as a subsidiary of Nirayu Limited. In recent developments, the real estate segment experiences strong growth from FY23 to FY24 driven by high demand and elevated property prices; the company maintains ongoing board changes including reappointments of independent directors and completion of director terms in 2025; and it continues strategic investor communications through regular financial disclosures and compliance updates as of late 2025.