In the bustling economic landscape of Hyderabad, one name stands out prominently: Divi’s Laboratories. Dr. Murali K. Divi, the founder and Managing Director, is at the heart of this colossal pharmaceutical empire, whose remarkable success earned him the title of Hyderabad’s richest man in 2024. With a staggering net worth of $7 billion (approximately Rs 58,395 crore), Divi’s Laboratories is a testament to his visionary leadership and business acumen.
As the legacy of Divi’s Laboratories continues to flourish, it is carried forward by his children, notably his daughter, Nilima Prasad Divi. As a prominent figure in the company, Nilima has made her mark in the business world, demonstrating both commercial prowess and an affinity for luxury.
The Legacy of Divi’s Laboratories
A Pharmaceutical Giant
Divi’s Laboratories, established by Dr. Murali K. Divi, is renowned for its global stature in the pharmaceutical industry. The company, which went public in 2003, has achieved remarkable success, with an annual revenue of $965 million (approximately Rs 8,049 crore). Known for being one of the top three manufacturers of active pharmaceutical ingredients (APIs) worldwide, Divi’s Laboratories also excels in custom synthesis for major pharmaceutical firms and nutraceuticals.
Family Involvement
His children uphold Dr. Murali Divi’s legacy. His son, Dr. Kiran S. Divi, serves as the CEO and a full-time director of the company, while his daughter, Nilima Prasad Divi, holds the position of full-time director – Commercial. Both siblings have played pivotal roles in maintaining and enhancing the company’s global reputation and operational excellence.
Nilima Prasad Divi: A Profile of Success
Educational Achievements
Nilima Prasad Divi’s educational credentials reflect her commitment to excellence. She holds a Master’s Degree in International Business from the GITAM Institute of Foreign Trade in India, further complemented by a Master’s Degree in International Finance from Glasgow University in the UK. Her educational background equips her with a deep understanding of global business dynamics, essential for her role in the multinational pharmaceutical company.
Professional Role
In her capacity as Whole-Time Director – Commercial at Divi’s Laboratories, Nilima Divi oversees critical areas such as Material Sourcing and Procurement, Corporate Finance, and Investor Relations. Her role is instrumental in steering the company’s commercial strategies and maintaining robust financial health.
Recent Property Investments
Despite the absence of public information regarding her net worth, Nilima Divi’s lifestyle is undeniably opulent. Recently, she acquired two extravagant properties in Jubilee Hills, an upscale neighborhood in Hyderabad. The combined cost of these properties amounted to Rs 80 crore. Each property covers a sprawling 11,043 sq ft, reflecting her preference for grandeur and luxury.
Jubilee Hills: An Exclusive Neighbourhood
Jubilee Hills is renowned for housing some of South India’s most prominent celebrities and business magnates. The area boasts luxurious homes and is known for its exclusivity. Celebrities such as Mahesh Babu, Prabhas, and Allu Arjun are among the notable figures residing in this prestigious locality.
