Company lists
The Gujarat edition · 2026

Traditional pharmaceuticalscompanies in Gujarat

Generic drugs, API & CDMO, traditional medicine, nutraceuticals, distributors and more: the companies building traditional pharmaceuticals in Gujarat, with their founders, funding, team size and business models.

271 company profiles136 with reported revenue8 with recorded fundingSeptember 2026 edition

Recent traditional pharmaceuticals business events in Gujarat

Funding, M&A, contract wins and launches involving 327 traditional pharmaceuticals companies in Gujarat, last 24 months: 26 M&A deals · 9 Contracts · 3 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Apr 2026.

M&AAcquisition · Announced

Corona remedies acquires Wokadine

Corona Remedies announced the acquisition of the Wokadine brand from Dr. Reddy's Laboratories to strengthen its presence in targeted specialty segment and offer wider accessibility.

Pharmaceuticals
M&AAcquisition · Announced

Corona remedies acquires Dr. reddy's laboratories

Corona Remedies announced the acquisition of the Wokadine brand from Dr. Reddy's Laboratories to strengthen its presence in targeted specialty segment and offer wider accessibility.

Pharmaceuticals
M&AAcquisition · Announced

Rubicon research acquires Arinna lifesciences

Apr 15: Rubicon Research Limited (“Rubicon” or the “Company”) today announced the acquisition of an 85% equity ownership in Arinna Lifesciences Limited (“Arinna”) from its current…

Pharmaceutical
M&AAcquisition · Completed

Eris lifesciences acquires Velbiom probiotics

The acquisition has been executed via a Business Transfer Agreement (BTA), marking Eris Lifesciences’ strategic expansion into the growing probiotics and microbiome-based therapeutics…

ContractSupply

Intas pharmaceuticals · client: Kashiv biosciences

Kashiv BioSciences has entered into an exclusive licensing and supply agreement with Intas Pharmaceuticals for a complex peptide product to be marketed across Europe, the United Kingdom…

ContractSupply

Kashiv biosciences · client: Intas pharmaceuticals

Kashiv BioSciences, LLC (“Kashiv”) a vertically integrated biopharmaceutical company, today announced that it has entered into an exclusive licensing and supply agreement with Intas…

Biopharmaceutical
ContractTechnology

Borns Medical Robotics Inc. · client: Shukra pharmaceuticals

Shukra Pharmaceuticals has also signed a memorandum of understanding (MoU) with Borns Medical Robotics Inc. to bring surgical robotics technology to India.

Healthcare
M&AAcquisition · Completed

Trident Lifeline acquires Trident Mediquip

Trident Lifeline has acquired an additional 9.04 per cent stake in Trident Mediquip, marking a significant strategic investment in the medical equipment sector. The transaction was…

ContractService

Zodiac energy · client: Amanta healthcare

Ahmedabad-based solar EPC company Zodiac Energy Ltd. has signed an agreement with Amanta Healthcare Ltd. to install a 10.8 MWp captive solar power project in Kheda district, Gujarat

Renewable Energy
FundingQIP

Zota health care

Zota Health Care Limited (NSE: ZOTA) has raised ₹350 crore through a Qualified Institutional Placement, issuing shares at ₹1,535 apiece to a select group of institutional investors.

Investors Valiant Partners, 360 one, Prashant Jain’s 3P Investment Managers, White Oak Capital
Pharmacy retail
M&AAcquisition · Completed

AKSHIT M. RAYCHAHUF acquires Achyut Healthcare

AKSHIT M. RAYCHAHUF acquired 31,500 equity shares of Achyut Healthcare Limited through open market purchase, representing 0.013% of the company's total share capital.

Healthcare
M&AAcquisition · Announced

Creador acquires La Renon Healthcare

Mumbai: Kuala Lumpur-based private equity firm Creador has acquired a 7% stake in La Renon Healthcare from the promoter and existing investor Peak XV Partners for an undisclosed sum, the…

Healthcare
M&AAcquisition · Completed

Creador acquires La Renon Healthcare

Creador will purchase about 7% stake in La Renon for about ₹770 crore

Pharmaceutical
M&AAcquisition · Announced

White Oak Capital Management, Siguler Guff, and Creador acquires La Renon Healthcare

Mumbai: An investor consortium comprising White Oak Capital Management, US private equity firm Siguler Guff, and Kuala Lumpur-based Creador has acquired about 10% of pharmaceutical…

Pharmaceuticals
M&AAcquisition · Announced

Alembic pharmaceuticals acquires Utility therapeutics

Alembic Pharmaceuticals is expanding its presence in the United States through a broader portfolio of complex generics, injectables, and an entry into branded drugs following the…

ContractSupply

JFL Life Sciences · client: Jd healthcare

JFL Life Sciences Limited has received a new order from JD Healthcare. The order involves supplying Merilyzer Quantilyte Machines, which are pharmaceutical and healthcare instruments.…

Healthcare
ContractSupply

Cadila pharmaceuticals · client: Algorae Pharmaceuticals

Algorae Pharmaceuticals (ASX: 1AI) and private Indian company Cadila Pharmaceuticals have entered into a licence and supply agreement covering two new generic medicines for the…

Pharmaceuticals
Funding

Zota health care

Zota Health Care Ltd has announced that its board has approved a proposal to raise up to ₹500 crore in one or more tranches through the issuance of equity shares, convertible securities,…

Healthcare
ContractSupply

Shukra pharmaceuticals · client: HSCC (India) Limited

Shukra Pharmaceuticals secures Rs. 24.06 crore contract from HSCC (India) Limited to supply essential medicines and diagnostic kits to the Technical Mission of India in Kabul, Afghanistan.

Pharmaceuticals
M&AAcquisition · Announced

Intas pharmaceuticals acquires Prothya biosolutions

Accord Plasma B.V., a subsidiary of Intas Pharmaceuticals, has announced the execution of an agreement to acquire 100% of Prothya Biosolutions Belgium BV and each of its subsidiaries

Plasma-derived medicinal products
ContractService

Apitco · client: Shukra pharmaceuticals

Shukra Pharmaceuticals has executed the service agreement with APITCO.

Healthcare
M&AAcquisition · Announced

Alembic pharmaceuticals acquires Utility therapeutics

Alembic Pharmaceuticals Inc., a wholly owned subsidiary of Alembic Pharmaceuticals Limited, has acquired a 100 percent stake in Utility Therapeutics Ltd

Pharmaceuticals
M&AAcquisition · Announced

Vaishali pharma acquires Kesar Pharma

Vaishali Pharma will buy Gujarat-based Kesar Pharma for Rs 20.41 crore.

Pharmaceutical Manufacturing
M&AAcquisition · Announced

Avendus Future Leaders Fund acquires La Renon Healthcare

2025-02-05 Avendus Future Leaders Fund (FLF), the flagship private strategies fund of the Avendus Group, on Tuesday said it has taken a minority stake in Ahmedabad-based drugmaker La…

Pharmaceuticals
M&AAcquisition · Announced

Chryscapital acquires La Renon Healthcare

In April last year, homegrown PE firm ChrysCapital had invested about Rs 600 crore ($70 million) in La Renon Healthcare, valuing it at $800 million. ChrysCap has acquired about 8% stake…

Pharmaceuticals
FundingPrimary

La Renon Healthcare

ChrysCapital invested $70 million in Ahmedabad-based domestic formulations firm La Renon Healthcare in April.

Investors Chryscapital
Domestic formulations

Traditional pharmaceuticals companies in Gujarat, by revenue

Browse traditional pharmaceuticals companies in Gujarat 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 136 traditional pharmaceuticals companies in Gujarat 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

Reliance

Traditional pharmaceuticals
₹998,114.00 crFY 2024-25
Not reported
—Not available
41 yr1985
12postings · last posted Sep 2026

Manufacturer & supplier of generic pharmaceuticals

Traditional pharmaceuticals
₹6,256.93 crFY 2023-24
Not reported
61+5% 12 mo to Jul 2024LinkedIn · Jul 2026
119 yr1907
6postings · last posted Sep 2026

Manufacturer of pharmaceutical formulations for chronic diseases

Traditional pharmaceuticals
₹2,912.00 crFY 2024-25
+43%2024–2025
3,836-12% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Provider of pharmaceutical products

Traditional pharmaceuticals
₹1,685.81 crFY 2024-25
+16%2024–2025
1,245+7% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Manufacturer of pharmaceutical products focused on women's health, cardio-diabetology, pain management, and urology

Traditional pharmaceuticals
₹1,202.35 crFY 2024-25
+18%2024–2025
2,130+4% 12 mo to Jul 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Manufacturer of novel drug delivery systems (NDDS) pharmaceuticals

Traditional pharmaceuticals
₹853.37 crFY 2022-23
Not reported
3,468+7% 12 mo to Sep 2024recorded Sep 2024
43 yr1983
0none in 3 months

Manufacturer of non-beta lactam pharmaceutical formulations

Traditional pharmaceuticals
₹645.71 crFY 2024-25
+5%2024–2025
1,358recorded
31 yr1995
0none in 3 months

Manufacturer of intravenous infusions and clinical nutrition products

Traditional pharmaceuticals
₹605.53 crFY 2023-24
-6%2023–2024
909-49% 12 mo to Sep 2024recorded Sep 2024
14 yr2012
4postings · last posted Aug 2026

Aculife manufactures and supplies injectables, oral shots, contact lens cleaning solutions, and respiratory products.

Traditional pharmaceuticals
₹491.75 crFY 2021-22
Not reported
991+10% 12 mo to Feb 2024LinkedIn · Jul 2026
12 yr2014
—No postings tracked

Brand offering skin, hair & health care products

Beauty & personal care products
₹425.64 crFY 2024-25
+31%2024–2025
1,812+86% 12 mo to Sep 2024recorded Sep 2024
18 yr2008
0none in 3 months · last posted Jun 2026

Manufacturer of pharmaceutical formulations in capsules, tablets, and dry syrups

Traditional pharmaceuticals
₹346.49 crFY 2024-25
-29%2024–2025
114+2% 12 mo to Sep 2024LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Manufacturer of pharmaceutical products and distributor of healthcare solutions

Traditional pharmaceuticals
₹295.04 crFY 2024-25
+62%2024–2025
837+17% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Manufacturer of sterile liquid parenterals using Aseptic BFS & ISBM technology

Traditional pharmaceuticals
₹276.09 crFY 2024-25
-2%2024–2025
346-3% 12 mo to Mar 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months · last posted Jan 2026

Manufacturer of active pharmaceutical ingredients, peptides, and complex drug formulations

Traditional pharmaceuticals
₹263.23 crFY 2024-25
+45%2024–2025
652-46% 12 mo to Sep 2024recorded Sep 2024
16 yr2010
0none in 3 months

Limited information available

Traditional pharmaceuticals
₹259.27 crFY 2024-25
+11%2024–2025
103LinkedIn · Jul 2026
38 yr1988
0none in 3 months · last posted Jun 2026

Traditional company manufacturing branded generic products

Traditional pharmaceuticals
₹257.73 crFY 2024-25
+5%2024–2025
229LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Manufacturer of pharmaceutical formulations for various therapeutic areas

Traditional pharmaceuticals
₹201.85 crFY 2024-25
-9%2024–2025
454+8% 12 mo to Aug 2024recorded Aug 2024
21 yr2005
0none in 3 months

Distributor & manufacturer of generic drugs

Traditional pharmaceuticals
₹195.51 crFY 2024-25
+6%2024–2025
6+17% 12 mo to Sep 2024LinkedIn · Jul 2026
45 yr1981
0none in 3 months

Provider of pharmaceutical products and PCD Pharma franchise opportunities

Traditional pharmaceuticals
₹191.60 crFY 2024-25
+13%2024–2025
3LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Manufacturer of biostimulants, specialty fertilizers, and animal health products

Traditional pharmaceuticals
₹187.35 crFY 2024-25
+12%2024–2025
223+6% vs previous recordLinkedIn · Jul 2026
38 yr1988
0none in 3 months

Provider of pharmaceutical products

Traditional pharmaceuticals
₹184.74 crFY 2024-25
+4%2024–2025
1,949+4% 12 mo to Sep 2024recorded Sep 2024
13 yr2013
0none in 3 months

Manufacturer of oral and injectable pharmaceutical products, including lyophilized injections

Traditional pharmaceuticals
₹178.90 crFY 2024-25
+14%2024–2025
306-10% 12 mo to Jul 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months · last posted Dec 2025

Manufacturer of IV fluids & infusion products

Traditional pharmaceuticals
₹175.67 crFY 2024-25
+4%2024–2025
156-2% 12 mo to Sep 2024LinkedIn · Jul 2026
46 yr1980
0none in 3 months

Manufacturer of heavy machinery components, including gears and mill equipment

Traditional pharmaceuticals
₹165.50 crFY 2024-25
+4%2024–2025
350+0% 12 mo to Aug 2024recorded Aug 2024
30 yr1996
0none in 3 months

Pharmaceutical company focused on medicines

Traditional pharmaceuticals
₹152.89 crFY 2024-25
+0%2024–2025
45-30% 12 mo to Jul 2024LinkedIn · Jul 2026
39 yr1987
0none in 3 months
50 of 271 companies shown here · the full list is on Radar
Fliar Radar

Explore all 271 traditional pharmaceuticals companies in Gujarat on Radar

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

Open traditional pharmaceuticals in Gujarat on Radar
  • Every company, not just 50All 271 traditional pharmaceuticals companies in Gujarat, 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.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore traditional pharmaceuticals companies in Gujarat by what you are looking for

Browse traditional pharmaceuticals companies in Gujarat, from generic drug manufacturers to API producers and contract manufacturers. Find traditional medicine companies, nutraceutical makers and pharmaceutical startups in Gujarat.

8 ways to explore traditional pharmaceuticals in Gujarat

Generic drug & formulation manufacturersAPI manufacturers & contract pharma (CDMO/CRO)Ayurvedic & alternative medicine companiesNutraceutical & dietary supplement makersPharmaceutical distributors & tradersTraditional pharmaceuticals startups in Gujarat

Generic drug & formulation manufacturers

Makers of generic tablets, capsules, injectables and other finished formulations.

  1. Alembic Pharmaceuticals

    Manufacturer & supplier of generic pharmaceuticals

    Traditional pharmaceuticals
    See in list
  2. Cadila Pharmaceuticals Limited

    Manufacturer of pharmaceutical products

    Traditional pharmaceuticals
    Website
  3. ERIs Life Sciences

    Manufacturer of pharmaceutical formulations for chronic diseases

    Traditional pharmaceuticals
    See in list
  4. La Renon

    Provider of pharmaceutical products

    Traditional pharmaceuticals
    See in list
  5. Troikaa

    Manufacturer of novel drug delivery systems (NDDS) pharmaceuticals

    Traditional pharmaceuticals
    See in list

API manufacturers & contract pharma (CDMO/CRO)

Active pharmaceutical ingredient producers and contract development and manufacturing firms.

  1. Otsuka Pharmaceutical India

    Manufacturer of intravenous infusions and clinical nutrition products

    Traditional pharmaceuticals
    See in list
  2. Denis Chem Lab

    Manufacturer of IV fluids & infusion products

    Traditional pharmaceuticals
    See in list
  3. SynZeal

    Manufacturer of pharmaceutical reference standards, drug metabolites, and complex organic molecules

    Traditional pharmaceuticals
    See in list
  4. Sidmak

    Manufacturer of pharmaceutical products including tablets, capsules, and transdermal patches

    Traditional pharmaceuticals
    See in list
  5. Elixir Pharma

    API Manufacturing, Product and Process Development, Intermediate Manufacturing

    Traditional pharmaceuticals
    Website

Ayurvedic & alternative medicine companies

Manufacturers of ayurvedic, herbal and alternative medicines.

  1. Retrive Pharma

    Cosmetics and pharmaceuticals company that manufactures a range of products, including herbal medicines, veterinary medicines, and cosmetic products

    Alternative medicine products
    Website
  2. Splendid Pharmaceutical

    Manufacturer of pharmaceutical products

    Traditional pharmaceuticals
    Website
  3. Arihant Remedies

    Manufacturer of ayurvedic and allopathy remedies

    Traditional pharmaceuticals
    Website
  4. Goran Pharma

    Pharmaceutical company offering a range of oral care products

    Traditional pharmaceuticals
    Website

Nutraceutical & dietary supplement makers

Producers of nutraceuticals, supplements and soft gelatin capsules.

  1. Rhombus Pharma

    Provider of veterinary care services for small animals

    Traditional pharmaceuticals
    Website
  2. Renown Pharma

    Manufacturer of soft gelatin capsules for pharmaceutical and nutraceutical products

    Traditional pharmaceuticals
    Website
  3. OHAD PHARMA

    Manufacturer of pharmaceutical and nutraceutical formulations in various dosage forms

    Traditional pharmaceuticals
    Website
  4. Healsure Lifesciences

    Provider of website hosting and domain registration services

    Traditional pharmaceuticals
    Website
  5. Nabros

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

    Traditional pharmaceuticals
    See in list

Pharmaceutical distributors & traders

Wholesalers and distributors of branded and generic medicines.

  1. Brussels Laboratories

    Manufacturer of tablets, capsules, syrups, ointments, injections, eye drops, and more

    Traditional pharmaceuticals
    Website
  2. Soza Med

    Provider of generic and branded generic pharmaceutical medicines and related services

    Traditional pharmaceuticals
    Website
  3. Heet Healthcare

    Manufacturer, exporter, importer, trader, and wholesaler of pharmaceutical and surgical products

    Traditional pharmaceuticals
    Website
  4. Kaps3

    Manufacturer of pharmaceutical products, including tablets, capsules, syrups, and sachets

    Traditional pharmaceuticals
    Website

Traditional pharmaceuticals startups in Gujarat

Newer pharmaceutical companies founded in the last few years.

  1. Kamla Amrut Pharmaceuticals

    Pharmaceutical company that specializes in the production of medicines and supplements

    Traditional pharmaceuticals
    Website
  2. Armeinpharma

    Manufacturer of parenteral products, specializing in injectable medicines for domestic and international markets

    Traditional pharmaceuticals
    Website
  3. Accent Biosciences

    Manufacturer of active pharmaceutical ingredients and pharmaceutical intermediate products

    Traditional pharmaceuticals
    Website
  4. CSP Lifesciences

    Pharmaceutical finished formulations sourcing, export, and marketing provider

    Traditional pharmaceuticals
    Website
  5. Retrive Pharma

    Cosmetics and pharmaceuticals company that manufactures a range of products, including herbal medicines, veterinary medicines, and cosmetic products

    Alternative medicine products
    Website
19 companies in Gujarat

Traditional pharmaceuticals companies hiring in Gujarat

Pharmaceutical companies with open roles right now.

  1. RELIANCE

    Reliance

    Traditional pharmaceuticals
    See in list
  2. Alembic Pharmaceuticals

    Manufacturer & supplier of generic pharmaceuticals

    Traditional pharmaceuticals
    See in list
  3. Otsuka Pharmaceutical India

    Manufacturer of intravenous infusions and clinical nutrition products

    Traditional pharmaceuticals
    See in list
  4. Smart Laboratories

    Brand offering skin, hair & health care products

    Beauty & personal care products
    See in list
  5. Amanta Healthcare

    Manufacturer of sterile liquid parenterals using Aseptic BFS & ISBM technology

    Traditional pharmaceuticals
    See in list
13 companies in Gujarat

Listed traditional pharmaceuticals companies in Gujarat

Publicly listed pharmaceutical companies.

  1. Alembic Pharmaceuticals

    Manufacturer & supplier of generic pharmaceuticals

    Traditional pharmaceuticals
    See in list
  2. ERIs Life Sciences

    Manufacturer of pharmaceutical formulations for chronic diseases

    Traditional pharmaceuticals
    See in list
  3. Corona Remedies

    Manufacturer of pharmaceutical products focused on women's health, cardio-diabetology, pain management, and urology

    Traditional pharmaceuticals
    See in list
  4. Amanta Healthcare

    Manufacturer of sterile liquid parenterals using Aseptic BFS & ISBM technology

    Traditional pharmaceuticals
    See in list
  5. Sakar Healthcare

    Manufacturer of oral and injectable pharmaceutical products, including lyophilized injections

    Traditional pharmaceuticals
    See in list
16 companies in Gujarat
Mobile reach

Top 10 traditional pharmaceuticals apps from Gujarat

The most-installed Android apps published by traditional pharmaceuticals companies headquartered in Gujarat — 123K installs between them. 12 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
7

Nephrology Conferences

by Biokindle

Installs763
Rating—
Last updatedAug 2025
View on Google Play ↗
Nephrology Conferences screenshot 1Nephrology Conferences screenshot 2Nephrology Conferences screenshot 3Nephrology Conferences screenshot 4Nephrology Conferences screenshot 5Nephrology Conferences screenshot 6
The business behind the activity

Traditional pharmaceuticals financials in Gujarat

Revenue, profit and growth from the filed annual accounts of 123 traditional pharmaceuticals companies in Gujarat for FY24-25 — 136 of the 271 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 98% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹569,656.72 cr

123 companies filing accounts

combined net profit₹36,731.30 cr

6.4% aggregate margin

are profitable85%

104 of 123 companies

median revenue~₹40.1 cr

the typical company

median revenue growth+10%

into FY24-25

earned by the top five98%

revenue concentration

Six-year view

Combined revenue of filing companies

₹378,994.48 crFY19-20114 filers
₹295,435.68 crFY20-21122 filers
₹475,347.38 crFY21-22126 filers
₹582,838.57 crFY22-23125 filers
₹20,018.80 crFY23-24125 filers
₹569,656.72 crFY24-25123 filers

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

Like-for-like

The same 115 companies over three years

+19%
FY22-23₹17,246.49 cr₹1,400.70 cr net
FY23-24₹19,169.37 cr₹1,874.29 cr net
FY24-25₹20,515.17 cr₹1,436.46 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 cr1020% profitable
₹1–10 cr2685% profitable
₹10–100 cr5192% profitable
₹100–1,000 cr3190% profitable
Over ₹1,000 cr5100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking27
0–20%55
20–50%24
50–100%10
Doubled+4

120 companies with accounts for both years; median growth +10%.

Profitability

Profit is concentrated at the top

104profitable
19loss-making
6.4%aggregate margin
4.1%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
JFL LIFE SCIENCESJfl Life Sciences Limited
Uniza GroupUNIZA LIFECARE PRIVATE LIMITED+73%₹55.25 cr
Zeon BiotechZEON BIOTECH PRIVATE LIMITED+66%₹40.12 cr
Zota HealthcareZOTA HEALTH CARE LIMITED+55%₹261.90 cr
MedicointercontinentalMEDICO INTERCONTINENTAL LIMITED+52%₹67.64 cr
Trident LifelineTrident Lifeline Limited
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
NabrosNABROS PHARMA PRIVATE LIMITED
CantonCANTON LABORATORIES PRIVATE LIMITED
SafeEndo Dental IndiaSAFEENDO DENTAL INDIA PRIVATE LIMITED24.8%₹17.71 cr
SynZealSYNZEAL RESEARCH PRIVATE LIMITED
Saga LaboratoriesSAGA LIFESCIENCES LIMITED21.9%₹195.51 cr
SNJ LabsSNJ LABS PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Traditional pharmaceuticals120₹569,173.25 cr~₹37.3 cr84%6.5%
Leaders

Largest traditional pharmaceuticals companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
RELIANCEReliance Industries Limited₹548,886.00 cr₹35,262.00 cr6.4%—
Alembic PharmaceuticalsALEMBIC PHARMACEUTICALS LIMITED₹6,080.51 cr₹503.12 cr8.3%+3%
Cadila Pharmaceuticals LimitedCADILA PHARMACEUTICALS LIMITED₹2,602.93 cr₹73.96 cr+1%
ERIs Life SciencesERIS LIFESCIENCES LIMITED₹1,733.26 cr₹77.39 cr4.5%+14%
La RenonLA RENON HEALTHCARE PRIVATE LIMITED₹1,439.25 cr₹245.00 cr17.0%+18%
AculifeACULIFE HEALTHCARE PRIVATE LIMITED₹648.05 cr₹20.35 cr3.1%+4%
Lincoln PharmaLINCOLN PHARMACEUTICALS LTD₹645.71 cr₹82.35 cr12.8%+5%
Smart LaboratoriesSMART LABORATORIES PRIVATE LIMITED₹425.64 cr₹2.58 cr0.6%+31%
Sparsh bio-techSPARSH BIO-TECH PRIVATE LIMITED₹346.49 cr₹11.45 cr3.3%-29%
Amanta HealthcareAMANTA HEALTHCARE LIMITED₹276.09 cr₹10.50 cr3.8%-2%
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.

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

Traditional pharmaceuticals funding and M&A across India

129 recorded equity rounds have gone to 2,116 traditional pharmaceuticals companies in India — how much, at which stage, into which sub-sectors, from whom, and how Gujarat compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months1

US$270.00m

equity rounds, last 24 months5

US$276.73m

raised over five yearsUS$675.09m

30 rounds in India

M&A deals, Gujarat26

last 24 months

Capital by year

Equity funding into traditional pharmaceuticals in India

amount rounds
$395m20188
$57m20196
$33m20206
$143m20217
$139m20228
$31m20235
$87m20247
$5.9m20252
$270m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2018, with US$395.04m across 8 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$4.24m5 rounds · median US$289k
SeedUS$10.20m10 rounds · median US$606k
Series AUS$6.87m3 rounds · median US$3.43m
Series BUS$59.83m4 rounds · median US$13.72m
Series CUS$142.79m2 rounds · median US$71.40m
Series D+US$34.18m1 rounds · median US$34.18m
Private equityUS$416.97m5 rounds · median US$32.71m
Where the money went · five years

Most-funded sub-sectors

Traditional pharmaceuticalsUS$639.51m26 rounds · 20 companies
Biopharma outsourcingUS$34.18m1 rounds · 1 companies
Medical research labsUS$1.20m1 rounds · 1 companies
Food & beverage productsUS$200k1 rounds · 1 companies
Traditional nutraceuticalsUS$0k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in Gujarat

26Acquisition

Most active acquirers

  1. Corona remedies6
  2. Eris lifesciences5
  3. Creador3
  4. Intas pharmaceuticals3
  5. Alembic pharmaceuticals2

Most acquired or merged

  1. La Renon Healthcare6
  2. SWISS PARENTERALS3
  3. Utility therapeutics2
  4. Coherus biosciences2
  5. Wokadine1

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

Traditional pharmaceuticals funding in Gujarat

8 traditional pharmaceuticals companies in Gujarat have recorded equity funding, US$487.82m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Gujarat

Meet the people behind traditional pharmaceuticals companies in Gujarat. 102 of 271 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gujarat traditional pharmaceuticals companies by sub-sector

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

Keep exploring traditional pharmaceuticals in India and nearby markets.

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