India is currently in a strong position in the generic drug global market. India is also one of the largest providers of generic drugs around the globe. According to several studies, the pharmaceutical industry of India manufactures more than 50% of the global medicine.
India is having a large number of engineers and scientists, so India will get to see good growth in the pharmaceutical industry. In this article, we will discuss the Top 10 pharma companies in India.
Top 10 Pharma Companies in India
- Sun Pharma
- Cipla
- Aurobindo Pharma
- Lupin
- Dr. Reddys Labs
- Cadila Healthcare
- Divi’s Labs
- Biocon
- Torrent Pharma
- Glenmark
Currently, most of the Indian pharmaceutical companies provide more than 80% of global AIDS drugs. Pharmaceutical companies are one of the major factors of the growth of the Indian economy. We have collected all the information about the major Indian pharmaceutical companies and listed them according to total assets, net profit, market capitalization, and revenues.
1. Sun Pharma:
This is a Mumbai based manufacturing of pharmaceuticals in India and the United States. This company was founded in the year of 1983 in Gujarat, later on it was acquired by Ranbaxy in the year of 2014.
Chief Executive Officer: Dilip Sanghvi
Market Capitalisation: ₹ 1,38,489.02 Crores
Revenue: ₹ 7,947.60 Crores
Net Profit: ₹ 494.59 Crores
Total Assets: ₹ 26,548.60 Crores
2. Cipla:
The chemical, Industrial and Pharmaceutical Laboratories founded in the year of 1935. This company develops several medicines which include weight control, depression, cardiovascular disease, arthritis, etc.
Chief Executive Officer: Umang Vohra
Market Capitalisation: ₹ 49,204.93 Crores
Revenue: ₹ 11,444.81 Crores
Net Profit: ₹ 1,468.52 Crores
Total Assets: ₹ 14,287.95 Crores
3. Aurobindo Pharma:
This pharmaceutical form was founded in the year of 1988 in Puducherry. This pharmaceutical company basically develops drugs for the central nervous system, cardiovascular products, anti-allergic, etc.
Chief Executive Officer: N. Govindarajan
Market Capitalisation: ₹ 45,401.98 Crores
Revenue: ₹ 10,303.15 Crores
Net Profit: ₹ 1,812.77 Crores
Total Assets: ₹ 13,636.41 Crores
4. Lupin:
This pharmaceutical company was created by Desh Bandhu Gupta in the year of 1968. They sell pharmaceutical products in more than 70 countries which includes Japan, USA, Australia, Europe, South Africa, etc.
Chief Executive Officer: Vinita D. Gupta
Market Capitalisation: ₹ 38,609.53 Crores
Revenue: ₹ 10,088.18 Crores
Net Profit: ₹ 1,344.66 Crores
Total Assets: ₹ 15,797.25 Crores
5.Dr. Reddys Labs:
This company was founded in the year of 1984 by Anji Reddy. This company is Hyderabad based and have been more than 60 active pharmaceutical ingredients. This company is honored as India’s most trusted brand in pharmaceutical products.
Chief Executive Officer: G. V. Prasad
Market Capitalisation: ₹ 40,100.07 Crore
Revenue: ₹ 9,359.30 Crores
Net Profit: ₹ 566.90 Crores
Total Assets: ₹ 14,396.60 Crores
6.Cadila Healthcare:
Cadila Healthcare was founded in the year 1952 by Ramanbhai Patel. This firm is having around 10 manufacturing plants across India. This company also acquired another pharmaceutical firm known as German remedies and Brazilian Pharma.
Chief Executive Officer: Pankaj Patel
Market Capitalisation: ₹ 37,136.26 Crores
Revenue: ₹ 5,809.90 Crores
Net Profit: ₹ 1,090.80 Crores
Total Assets: ₹ 10,397.50 Crores
7.Divi’s Labs:
This fresh pharmaceutical company was founded by Murali Divi in the year of 1990. This company exports pharmaceutical products in more than 95 countries around the globe. They also manufacture nutraceutical ingredients, which basically offers custom synthesis of API’s.
Chief Executive Officer: Mirali Divi
Market Capitalisation: ₹ 39,023.88 Crores
Revenue: ₹ 3,837.23 Crores
Net Profit: ₹ 869.58 Crores
Total Assets: ₹ 6,022.76 Crores
8.Biocon:
This pharmaceutical company was founded by Kiran Mazumdar Shaw in the year of 1978. This pharmaceutical company is currently employing more than 9000 people. They sell their products worldwide which is more than 120 countries around the globe.
Chief Executive Officer: Arun Suresh Chandavarkar
Market Capitalisation: ₹ 37,752.00 Crores
Revenue: ₹ 2,419.20 Crores
Net Profit: ₹ 238.50 Crores
Total Assets: ₹ 6,805.80 Crores
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9.Torrent Pharma:
This pharmaceutical company is mainly famous for manufacturing the central nervous system, cardiovascular, diabetology, gastrointestinal drugs. They, later on, acquired Heumann GmbH in the year of 2005.
Chief Executive Officer: Samir Mehta
Market Capitalisation: ₹ 27,466.54 Crores
Revenue: ₹ 4,248.00 Crores
Net Profit: ₹ 482.00 Crores
Total Assets: ₹ 9,708.15 Crores
10.Glenmark:
This pharmaceutical company was founded in the year 1977 by Gracias Saldanha. This company was named after the two sons of the founder, Glen, and Mark. In the year of 2001 one of his son Glen who was appointed as CEO, and currently, it is one of the largest pharmaceutical company in India.
Chief Executive Officer: Glen Mario Saldanha
Market Capitalisation: ₹ 17,758.25 Crores
Revenue: ₹ 6,431.88 Crores
Net Profit: ₹ 1,014.35 Crores
Total Assets: ₹ 13,372.51 Crores
Last Words:
India is currently the fastest-growing major economy in the world. This happens because healthcare insurance and medicine expenditure going to get growth of 12% annually by the year 2022. We have collected the complete information about such pharmaceutical companies in India who have a major role in the growth of the Indian economy. Share this useful article with others, so that they came to know about the best pharmaceutical companies who are turning around the Indian economy.
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