Company lists
The India edition · 2026

Diversified pharmaceuticalscompanies in India

Generics & formulations, CDMO & API, biotech & cell therapy, nutraceuticals & ayurveda, medical devices and more: the companies building diversified pharmaceuticals in India, with their founders, funding, team size and business models.

337 company profiles184 with reported revenue15 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent diversified pharmaceuticals business events in India

Funding, M&A, contract wins and launches involving 423 diversified pharmaceuticals companies in India, last 24 months: 45 M&A deals · 16 Contracts · 9 funding rounds · 5 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

Zydus lifesciences acquires Assertio

Paul, Weiss is advising Zydus Lifesciences Limited, an India-based global life sciences company, its acquisition of a U.S.-based pharmaceutical company focused on specialty and…

Pharmaceutical
M&AAcquisition · Announced

Torrent pharma acquires JB Chemicals & Pharma (JBCP)

The acquisition of JB Chemicals & Pharma (JBCP) appears strategically compelling, making it the 5th largest player in the domestic pharma market.

Pharma
M&AAcquisition · Announced

Zydus lifesciences acquires Assertio Holdings

Zydus Lifesciences will acquire US-based Assertio Holdings in an all-cash transaction valued at around $166.4 million, as the Indian drugmaker steps up its presence in specialty…

Pharmaceutical
M&AAcquisition · Completed

Piramal Pharma acquires Kenalog

Piramal Pharma recently completed the Kenalog acquisition

Pharmaceutical
ContractSupply

Panacea biotec · client: Central Medical Services Society (CMSS)

Panacea Biotec has announced the receipt of a Letter of Award from the Central Medical Services Society (CMSS), under the Ministry of Health and Family Welfare, Government of India. The…

Healthcare
FundingSeed

Virchow

Virchow Medical, Inc., manufacturer of the Crow’s Nest® Biopsy Catchment System and operator of the Virchow VaultTM Liquid Specimen Biorepository, today announced it has completed a $4…

Investors Cerberus Ventures, Pathologists and interventional radiologists
Healthcare
LaunchSembolic

Torrent pharmaceuticals

Torrent Pharmaceuticals Limited (NSE: TORNTPHARM | BSE: 500420) has entered India’s newly opened glucagon-like peptide-1 therapy market with a dual-format semaglutide launch, becoming…

Glucagon-like peptide-1 (GLP‑1) injectable therapy
ContractSupply

Lupin · client: Zydus lifesciences

Shares of Lupin and Zydus Lifesciences rose up to 2% on Tuesday after the pharma firm inked a licensing and supply agreement with the lifesciences company, to expand access to innovative…

Funding

Vilin Bio Med

This agreement outlines a ₹100 Crore investment to establish a state-of-the-art Medical Devices Manufacturing facility.

Pharmaceuticals
ContractSupply

Panacea Biotech · client: Unicef

Panacea Biotech received a letter of award under a long-term agreement to supply bivalent oral polio vaccine (bOPV) in 10-vial and 20-vial packs.

Healthcare
FundingMinority equity financing round

Plasmagen biosciences

PlasmaGen Biosciences, a leading biopharmaceutical company focussed on blood plasma-derived therapeutics, announced that it has raised Rs 150 crores in a minority equity financing round…

Biopharmaceutical
ContractSupply

Panacea biotec · client: Unicef

Earlier in October, UNICEF also placed a significant order for polio vaccines. Panacea Biotec received the letter of award (LoA) as part of a long-term agreement to supply bOPV in 10 and…

Healthcare
ContractSupply

Pfizer India · client: Cipla Ltd

Cipla Ltd has inked an exclusive agreement with Pfizer India to market, distribute, and sell the latter's four brands across the country.

Pharmaceutical
M&AAcquisition · Announced

Nowonomics acquires Centaur

On Wednesday, Dec. 10, it was announced that Swedish fund management company Centaur is selling its Sweden Quality fund to Nowonomics.

Fund management
FundingSeries A

Alembic

Alembic has raised $145 million in new funding led by Prysm Capital and Accenture, with participation from Silver Lake Waterman, WndrCo, and other investors.

Investors Prysm capital, Accenture, Silver Lake Waterman, Wndrco
Causal AI
M&AAcquisition · Announced

Mankind pharma acquires Bharat Serums and Vaccines

Drug maker Mankind Pharma Ltd on Friday said it has executed a Business Transfer Agreement with its wholly owned subsidiary, Bharat Serums and Vaccines Limited , for the acquisition of…

Pharmaceutical
ContractService

Glenmark pharmaceuticals · client: Abbvie

Glenmark Pharma Share Price: Shares of Glenmark Pharmaceuticals Ltd on Friday jumped 10 per cent after the firm said it has signed a deal with AbbVie to commmercialise its…

Pharma
M&AAcquisition · Completed

Emcure pharmaceuticals acquires Zuventus healthcare

Emcure Pharmaceuticals said it will acquire the remaining 20.42 per cent stake in its arm Zuventus Healthcare Ltd from minority shareholders for Rs 724.9 crore.

Pharmaceutical
ContractService

Agenus · client: Zydus lifesciences

Agenus Inc. (NASDAQ: AGEN) has entered into a $141 million agreement with Zydus Lifesciences Ltd. (NSE: ZYDUSLIFE) to accelerate the clinical development and manufacturing of its lead…

Biopharmaceutical
M&AMerger · Announced

Sparc acquires Jcpenney

Around the time of the sale to Galaxy, Sparc and JCPenney announced they were combining to create a new retail umbrella group, Catalyst Brands.

ContractService

OMD India · client: Piramal Pharma

Piramal Pharma has awarded its integrated media mandate to OMD India, part of Omnicom Media Group.

Advertising
LaunchLatanoprost Ophthalmic Solution, 0.005 per cent

Glenmark pharmaceuticals

Glenmark Pharmaceuticals Inc., USA announced today the launch of Latanoprost Ophthalmic Solution, 0.005 per cent, a generic version of Upjohn’s Xalatan.

Ophthalmic
FundingPrivate placement

Centaur pharmaceuticals

Centaur Pharmaceuticals Inc. raised $20.1 million in a private placement of 1.9 million shares of common stock.

Pharmaceuticals
M&AAcquisition · Announced

Mankind pharma acquires Bsv group

Advent International's $1.6 billion sale of BSV Group to Mankind Pharma

LaunchBrand Health Daily Sentiment Tool

Alembic

Alembic, the leading AI-powered marketing intelligence platform for enterprises, today announced the preview release of its Brand Health Daily Sentiment Tool.

Diversified pharmaceuticals companies in India, by revenue

Browse diversified pharmaceuticals companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 184 diversified pharmaceuticals companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

R&D company focused on manufacturing drugs for multiple therapeutic areas

Diversified pharmaceuticals
₹19,831.50 crFY 2023-24
Not reported
10,001recorded
74 yr1952
5postings · last posted Sep 2026

R&D company focused on manufacturing generic drugs for multiple therapeutic areas

Diversified pharmaceuticals
₹12,653.09 crFY 2023-24
Not reported
15,526+9% 12 mo to Mar 2024LinkedIn · Jul 2026
49 yr1977
25postings · last posted Sep 2026

Provider of formulations, API, drug discovery, marketing, and sales services

Diversified pharmaceuticals
₹10,786.00 crFY 2023-24
Not reported
12,137+10% 12 mo to Mar 2024LinkedIn · Jul 2026
67 yr1959
0none in 3 months

Diversified pharmaceutical company offering a portfolio of innovative healthcare solutions through end-to-end manufacturing capabilities

Diversified pharmaceuticals
₹9,285.99 crFY 2024-25
+11%2024–2025
2,807LinkedIn · Jul 2026
6 yr2020
43postings · last posted Sep 2026

R&D company focused on manufacturing of drugs for multiple therapeutic areas

Diversified pharmaceuticals
₹1,289.63 crFY 2021-22
Not reported
6,000recorded
12 yr2014
4postings · last posted Aug 2026

Manufacturer of OTC, vitamin & mineral supplements, and chemical products

Diversified pharmaceuticals
₹1,248.01 crFY 2022-23
Not reported
1+0% 12 mo to Sep 2024recorded Sep 2024
59 yr1967
—No postings tracked

Manufacturer of generic pharmaceuticals, including oncology and antiretroviral drugs

Diversified pharmaceuticals
₹1,189.80 crFY 2024-25
+16%2024–2025
3,923+8% 12 mo to Sep 2024recorded Sep 2024
20 yr2006
2postings · last posted Sep 2026

R&D company focused on manufacturing drugs for multiple therapeutic areas

Diversified pharmaceuticals
₹1,117.95 crFY 2024-25
+4%2024–2025
2,728-0% 12 mo to Sep 2024LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Recombinant products for wound care, osteoporosis & periodontal disorders

Diversified pharmaceuticals
₹758.21 crFY 2024-25
+5%2024–2025
1,273+20% 12 mo to Sep 2024recorded Sep 2024
25 yr2001
0none in 3 months

R&D company focused on manufacturing drugs for multiple therapeutics areas

Diversified pharmaceuticals
₹619.33 crFY 2024-25
+23%2024–2025
750recorded
15 yr2011
0none in 3 months

Developer of biosimilars, vaccines and natural products

Diversified pharmaceuticals
₹584.97 crFY 2023-24
+14%2023–2024
3,053+10% 12 mo to Jul 2024LinkedIn · Jul 2026
42 yr1984
3postings · last posted Sep 2026

Manufacturer of drugs and their intermediates

Diversified pharmaceuticals
₹573.02 crFY 2024-25
+9%2024–2025
268+4% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
0none in 3 months · last posted May 2026

Pharma company manufacturing a wide range of quality medicines

Diversified pharmaceuticals
₹537.10 crFY 2024-25
+23%2024–2025
1,394+21% 12 mo to Sep 2024recorded Sep 2024
45 yr1981
1postings · last posted Aug 2026

Develops, produces, and commercializes biotherapeutics for life-threatening diseases across various indications

Diversified pharmaceuticals
₹432.25 crFY 2024-25
+2%2024–2025
804+2% 12 mo to Aug 2023LinkedIn · Jul 2026
20 yr2006
0none in 3 months · last posted Jun 2026

Traditional company manufacturing a range of pharmaceutical products.

Diversified pharmaceuticals
₹420.01 crFY 2023-24
Not reported
900-83% 12 mo to Apr 2019LinkedIn · Jul 2026
88 yr1938
—No postings tracked

Pharmaceutical company that manufactures and supplies active pharmaceutical ingredients, intermediates, and contract research and manufacturing services

Diversified pharmaceuticals
₹396.00 crFY 2024-25
+0%2024–2025
394+4% 12 mo to Jul 2024recorded Jul 2024
21 yr2005
0none in 3 months

Developer and manufacturer of injectable products in vials, vyophilized vials and ophthalmic drops

Diversified pharmaceuticals
₹377.24 crFY 2024-25
+18%2024–2025
243+4% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

R&D company focused on manufacturing drugs for multiple therapeutic areas

Diversified pharmaceuticals
₹369.12 crFY 2024-25
-12%2024–2025
256+12% 12 mo to Sep 2024LinkedIn · Jul 2026
42 yr1984
0none in 3 months

Manufacturer of solid and liquid generic formulations

Diversified pharmaceuticals
₹334.07 crFY 2024-25
+17%2024–2025
909+5% 12 mo to Sep 2024recorded Sep 2024
19 yr2007
0none in 3 months

R&D company focused on manufacturing of drugs for multiple therapeutic areas

Diversified pharmaceuticals
₹284.85 crFY 2024-25
+12%2024–2025
16-5% 12 mo to Sep 2024LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Manufacturer of niche generic and specialty pharmaceutical products

Diversified pharmaceuticals
₹272.04 crFY 2024-25
+41%2024–2025
260-9% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
2postings · last posted Sep 2026

R&D company focused on manufacturing drugs for multiple therapeutic areas

Diversified pharmaceuticals
₹239.43 crFY 2024-25
Not reported
192+6% 12 mo to Aug 2024LinkedIn · Jul 2026
43 yr1983
0none in 3 months

Manufacturer of active pharmaceuticals ingredients

Diversified pharmaceuticals
₹212.26 crFY 2023-24
Not reported
101-4% 12 mo to Jul 2024LinkedIn · Jul 2026
119 yr1907
0none in 3 months

Manufacturer of tablets and capsules along with generic products

Diversified pharmaceuticals
₹214.78 crFY 2024-25
+13%2024–2025
259+12% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
0none in 3 months

Pharmaceutical company focused on providing healthcare solutions worldwide

Diversified pharmaceuticals
₹195.24 crFY 2024-25
+56%2024–2025
271LinkedIn · Jul 2026
34 yr1992
2postings · last posted Sep 2026
50 of 337 companies shown here · the full list is on Radar
Fliar Radar

Explore all 337 diversified pharmaceuticals companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open diversified pharmaceuticals in India on Radar
  • Every company, not just 50All 337 diversified pharmaceuticals companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
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Explore diversified pharmaceuticals companies in India by what you are looking for

Browse diversified pharmaceuticals companies in India, from generic drug makers to contract development and manufacturing organizations. You can also find pharma startups in India and companies hiring now.

8 ways to explore diversified pharmaceuticals in India

Generic drug & formulation manufacturersCDMO, API & pharma outsourcing companiesBiologics, biosimilars & cell therapy companiesNutraceutical, herbal & ayurvedic medicine companiesMedical device & diagnostics companiesListed diversified pharmaceuticals companies in India

Generic drug & formulation manufacturers

Makers of branded and generic formulations across many therapeutic areas.

  1. Zydus Lifesciences

    R&D company focused on manufacturing drugs for multiple therapeutic areas

    Diversified pharmaceuticals
    See in list
  2. Torrent Pharma

    Provider of formulations, API, drug discovery, marketing, and sales services

    Diversified pharmaceuticals
    See in list
  3. Piramal Pharma

    Diversified pharmaceutical company offering a portfolio of innovative healthcare solutions through end-to-end manufacturing capabilities

    Diversified pharmaceuticals
    See in list
  4. Procter & Gamble Health

    Manufacturer of OTC, vitamin & mineral supplements, and chemical products

    Diversified pharmaceuticals
    See in list
  5. Hetero Healthcare

    Manufacturer of generic pharmaceuticals, including oncology and antiretroviral drugs

    Diversified pharmaceuticals
    See in list

CDMO, API & pharma outsourcing companies

Contract development, manufacturing and active pharmaceutical ingredient producers.

  1. Centaur

    Developer and manufacturer of branded formulations as well as APIs

    Biopharma outsourcing
    Website
  2. Panacea Biotec

    Developer of biosimilars, vaccines and natural products

    Diversified pharmaceuticals
    See in list
  3. Emnar Pharma

    Pharmaceutical company that manufactures and supplies active pharmaceutical ingredients, intermediates, and contract research and manufacturing services

    Diversified pharmaceuticals
    See in list
  4. Indus Biotech

    Specialty company developing products for autoimmune, CNS, Infectious and lifestyle diseases

    Diversified pharmaceuticals
    Website
  5. Elkos Group

    R&D company manufacturing drugs for multiple therapeutic areas

    Diversified pharmaceuticals
    Website

Biologics, biosimilars & cell therapy companies

Developers of biosimilars, vaccines, stem cell and immunotherapy products.

  1. Advancells

    Regenerative stem cell-based therapies for range of indications

    Diversified pharmaceuticals
    Website
  2. Micro CRISPR

    Developer of CRISPR technology based therapeutics to treat various diseases

    Diversified pharmaceuticals
    Website
  3. Apcegen

    Developer of peptide therapy to treat cancer and autoimmune disease

    Diversified pharmaceuticals
    Website
  4. Incor Renovis

    Manufacturer of pharmaceuticals for multiple disease areas

    Life sciences platforms and tools
    Website
  5. Gidaa Life Sciences

    Developer of plant-based Alzheimer's treatments

    Diversified pharmaceuticals
    Website

Nutraceutical, herbal & ayurvedic medicine companies

Makers of nutraceuticals, dietary supplements and ayurvedic products.

  1. Orbit Lifescience

    Manufacturer of pharmaceutical products for multiple therapeutic areas

    Diversified pharmaceuticals
    See in list
  2. Sydler India

    Manufacturer of pharmaceutical formulations, herbal remedies, and cosmeceuticals

    Alternative medicine products
    See in list
  3. Amogh Pharmaceuticals

    Manufacturer of ayurvedic medicines

    Traditional nutraceuticals
    Website
  4. XenaBio Herbals

    nutraceuticals, herbal extracts, drugs for treatment of natural hair loss, joint pain, menopause etc.

    Diversified pharmaceuticals
    Website
  5. Nabros

    Manufacturer of branded, generic formulations, active pharmaceutical ingredients, and nutraceuticals

    Traditional pharmaceuticals
    See in list

Medical device & diagnostics companies

Manufacturers of medical devices and diagnostic tests within pharma groups.

  1. Consytel Life Sciences

    Developer of nanomedicine phytopharmaceuticals & biopharmaceuticals for immunology and smart devices addressing sustainable wellness

    Diversified diagnostics
    Website
  2. Anins Healthcare

    R&D company manufacturing medical devices for multiple therapeutic areas

    Diversified medical devices
    Website
  3. Blisson

    Provider of pharmaceutical products for orthopaedics, gynaecology, pain, and inflammation

    Diversified pharmaceuticals
    Website
  4. Orbit Lifescience

    Manufacturer of pharmaceutical products for multiple therapeutic areas

    Diversified pharmaceuticals
    See in list
  5. Sydler India

    Manufacturer of pharmaceutical formulations, herbal remedies, and cosmeceuticals

    Alternative medicine products
    See in list

Listed diversified pharmaceuticals companies in India

Publicly listed pharmaceutical companies in India.

  1. Zydus Lifesciences

    R&D company focused on manufacturing drugs for multiple therapeutic areas

    Diversified pharmaceuticals
    See in list
  2. Torrent Pharma

    Provider of formulations, API, drug discovery, marketing, and sales services

    Diversified pharmaceuticals
    See in list
  3. Piramal Pharma

    Diversified pharmaceutical company offering a portfolio of innovative healthcare solutions through end-to-end manufacturing capabilities

    Diversified pharmaceuticals
    See in list
  4. Procter & Gamble Health

    Manufacturer of OTC, vitamin & mineral supplements, and chemical products

    Diversified pharmaceuticals
    See in list
  5. Panacea Biotec

    Developer of biosimilars, vaccines and natural products

    Diversified pharmaceuticals
    See in list
18 companies in India

Diversified pharmaceuticals startups in India

Newer pharmaceutical companies founded in recent years.

  1. Questus Pharma

    Pharmaceutical company that specializes in the development and manufacturing of patient-centric formulations for cardiology, critical care, and pain management

    Diversified pharmaceuticals
    Website
  2. Halsted Pharma

    Bio-pharmaceutical company dedicated to developing and manufacturing products that improve patient care, with a focus on oncology and plasma products

    Diversified pharmaceuticals
    Website
  3. Kamla Amrut Pharmaceuticals

    Pharmaceutical company that specializes in the production of medicines and supplements

    Traditional pharmaceuticals
    Website
  4. Vilin Bio Med

    R&D company focused on manufacturing drugs for multiple therapeutic areas

    Diversified pharmaceuticals
    Website
  5. Micro CRISPR

    Developer of CRISPR technology based therapeutics to treat various diseases

    Diversified pharmaceuticals
    Website
30 companies in India

Diversified pharmaceuticals companies hiring in India

Pharmaceutical companies with open roles.

  1. Zydus Lifesciences

    R&D company focused on manufacturing drugs for multiple therapeutic areas

    Diversified pharmaceuticals
    See in list
  2. Piramal Pharma

    Diversified pharmaceutical company offering a portfolio of innovative healthcare solutions through end-to-end manufacturing capabilities

    Diversified pharmaceuticals
    See in list
  3. Hetero Healthcare

    Manufacturer of generic pharmaceuticals, including oncology and antiretroviral drugs

    Diversified pharmaceuticals
    See in list
  4. Panacea Biotec

    Developer of biosimilars, vaccines and natural products

    Diversified pharmaceuticals
    See in list
  5. TAGOOR

    Manufacturer of drugs and their intermediates

    Diversified pharmaceuticals
    See in list
15 companies in India
Mobile reach

Top 7 diversified pharmaceuticals apps from India

The most-installed Android apps published by diversified pharmaceuticals companies headquartered in India — 63K installs between them. 7 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 7
1

IAP Growth Chart Application

by Zuventus

Installs45K
Rating—
Last updatedJan 2024
View on Google Play ↗
IAP Growth Chart Application screenshot 1IAP Growth Chart Application screenshot 2IAP Growth Chart Application screenshot 3IAP Growth Chart Application screenshot 4IAP Growth Chart Application screenshot 5IAP Growth Chart Application screenshot 6
The business behind the activity

Diversified pharmaceuticals financials in India

Revenue, profit and growth from the filed annual accounts of 179 diversified pharmaceuticals companies in India for FY24-25 — 204 of the 337 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 73% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹57,419.10 cr

179 companies filing accounts

combined net profit₹10,624.62 cr

18.5% aggregate margin

are profitable80%

143 of 179 companies

median revenue~₹34.4 cr

the typical company

median revenue growth+9%

into FY24-25

earned by the top five73%

revenue concentration

Six-year view

Combined revenue of filing companies

₹34,295.59 crFY19-20175 filers
₹38,163.72 crFY20-21182 filers
₹44,547.88 crFY21-22189 filers
₹46,804.55 crFY22-23188 filers
₹50,507.84 crFY23-24184 filers
₹57,419.10 crFY24-25179 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 170 companies over three years

+28%
FY22-23₹44,617.48 cr₹4,549.55 cr net
FY23-24₹49,704.61 cr₹11,394.71 cr net
FY24-25₹57,072.73 cr₹10,721.60 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr1735% profitable
₹1–10 cr2864% profitable
₹10–100 cr9388% profitable
₹100–1,000 cr3388% profitable
Over ₹1,000 cr8100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking53
0–20%70
20–50%30
50–100%11
Doubled+11

175 companies with accounts for both years; median growth +9%.

Profitability

Profit is concentrated at the top

143profitable
36loss-making
18.5%aggregate margin
2.6%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Kremedine HealthKREMEDINE HEALTH PRIVATE LIMITED+275%₹12.20 cr
Agati HealthcareAgati Healthcare Private Limited+218%₹11.87 cr
Epygen BiotechEPYGEN BIOTECH PRIVATE LIMITED+138%₹23.61 cr
VENBIOTECVEN BIOTECH PRIVATE LIMITED+119%₹19.06 cr
TrexgenTREXGEN PHARMACEUTICALS PRIVATE LIMITED+118%₹12.59 cr
StempeuticsSTEMPEUTICS RESEARCH PRIVATE LIMITED+96%₹17.88 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
NabrosNABROS PHARMA PRIVATE LIMITED
Zydus LifesciencesZYDUS LIFESCIENCES LIMITED36.5%₹15,812.50 cr
Epygen BiotechEPYGEN BIOTECH PRIVATE LIMITED₹23.61 cr
USVUSV PRIVATE LIMITED28.4%
Asons PharmaASONS PHARMACEUTICALS PRIVATE LIMITED25.8%
Galentic PharmaGALENTIC PHARMA INDIA PVT LTD23.8%₹195.11 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Diversified pharmaceuticals166₹55,901.49 cr~₹33.7 cr79%18.5%
Traditional pharmaceuticals6₹258.41 cr~₹32.4 cr100%26.6%
Leaders

Largest diversified pharmaceuticals companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Zydus LifesciencesZYDUS LIFESCIENCES LIMITED₹15,812.50 cr₹5,774.90 cr36.5%+33%
Glenmark PharmaceuticalsGLENMARK PHARMACEUTICALS LIMITED₹9,582.77 cr₹1,610.35 cr16.8%+6%
AlembicALEMBIC PHARMACEUTICALS LIMITED₹6,080.51 cr₹503.12 cr8.3%+3%
Piramal PharmaPIRAMAL PHARMA LIMITED₹5,493.06 cr₹691.40 cr12.6%+20%
USVUSV PRIVATE LIMITED₹1,457.17 cr28.4%+8%
Hetero HealthcareHETERO HEALTHCARE LIMITED₹1,189.80 cr₹64.99 cr5.5%+16%
ZuventusZUVENTUS HEALTHCARE LIMITED₹1,117.95 cr₹134.78 cr12.1%+4%
CentaurCENTAUR PHARMACEUTICALS PRIVATE LIMITED₹1,060.17 cr₹189.99 cr+22%
Virchow BiotechVIRCHOW BIOTECH PRIVATE LIMITED₹757.25 cr₹79.55 cr10.5%+6%
Bayer Zydus PharmaBAYER ZYDUS PHARMA PRIVATE LIMITED₹619.33 cr₹56.10 cr9.1%+23%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full diversified pharmaceuticals landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the diversified pharmaceuticals landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Diversified pharmaceuticals funding and M&A across India

60 recorded equity rounds have gone to 423 diversified pharmaceuticals companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months2

US$16.78m

equity rounds, last 24 months3

US$41.78m

raised over five yearsUS$141.88m

16 rounds in India

M&A deals, India45

last 24 months

Capital by year

Equity funding into diversified pharmaceuticals in India

amount rounds
$5.1m20183
$41m20195
$9.7m20205
$20m20216
$9.2m20222
$27m20231
$44m20244
$42m20252
$44k20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2024, with US$44.06m across 4 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$404k1 rounds · median US$404k
SeedUS$16.29m3 rounds · median US$8.14m
Series AUS$5.64m5 rounds · median US$1.21m
Series BUS$21.90m2 rounds · median US$10.95m
Series CUS$60.91m3 rounds · median US$25.00m
Series D+US$16.73m1 rounds · median US$16.73m
Private equityUS$20.00m1 rounds · median US$20.00m
Where the money went · five years

Most-funded sub-sectors

Diversified pharmaceuticalsUS$141.83m15 rounds · 7 companies
Diversified diagnosticsUS$44k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

42Acquisition
3Merger

Most active acquirers

  1. Torrent pharmaceuticals28
  2. Zydus lifesciences9
  3. Mankind pharma3
  4. Piramal Pharma1
  5. Nowonomics1

Most acquired or merged

  1. JB Chemicals3
  2. JB Chemicals & Pharmaceuticals2
  3. Bharat Serums and Vaccines2
  4. Jb Pharma2
  5. Amplitude surgical2

Each deal appears in the events strip at the top of the page.

Diversified pharmaceuticals funding in India

15 diversified pharmaceuticals companies in India have recorded equity funding, US$279.09m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind diversified pharmaceuticals companies in India. 132 of 337 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India diversified pharmaceuticals companies by sub-sector

The most common specialisations among diversified pharmaceuticals companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring diversified pharmaceuticals in India and nearby markets.

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