Company lists
The Telangana edition · 2026

Traditional pharmaceuticalscompanies in Telangana

Generics, API makers, CDMO, testing & supplies, listed and more: the companies building traditional pharmaceuticals in Telangana, with their founders, funding, team size and business models.

136 company profiles102 with reported revenue10 with recorded fundingOctober 2026 edition
Telangana · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent traditional pharmaceuticals business events in India

Funding, M&A, contract wins and launches involving 2,116 traditional pharmaceuticals companies in India, last 24 months: 156 M&A deals · 40 Contracts · 27 funding rounds · 7 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

Marksans pharma acquires Qliniq

Marksans Pharma Ltd has announced that it has entered into a definitive agreement to acquire 100% of the share capital of QliniQ B.V., a Netherlands-based pharmaceutical company with…

Pharmaceutical
M&AAcquisition · Announced

Anupam Rasayan India acquires Bliss gvs pharma

New Delhi, Specialty chemicals maker Anupam Rasayan India has signed an agreement to acquire up to 43.3 per cent stake in pharmaceutical formulations company Bliss GVS Pharma Ltd for an…

Pharmaceutical formulations
M&AAcquisition · Announced

Orchid pharma acquires Allecra

Orchid Pharma has acquired global rights to Enmetazobactam and the trademark Exblifep from Allecra, pending completion within three months.

Pharmaceuticals
M&AAcquisition · Announced

Sun pharmaceutical industries acquires Organon

The pharmaceutical sector accounted for the vast majority of the financial commitment, with planned investments exceeding $19.1 billion, led by Sun Pharmaceutical Industries Ltd, which…

Pharmaceutical
Contract

Sun pharma · client: Organon

Sun Pharma To Acquire Organon in USD 11.75 Billion Deal, Marks Biggest Indian Pharma Acquisition Ever.

M&AAcquisition · Announced

Organon acquires Sun pharma

US pharmaceutical company Organon is going to buy 100 percent stake in India 's Sun Pharma.

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
ContractService

Aurobindo pharma · client: Msd

The company’s arm has expanded its contract manufacturing (CMO) agreement with MSD and plans to set up a new unit with an investment of $150–175 million, indicating a strong push in the…

M&AAcquisition · Announced

Rubicon research acquires Arinna lifesciences

Thane-based Rubicon Research Limited has acquired an 85 per cent equity stake in Ahmedabad-based Arinna Lifesciences Limited, marking its entry into India's domestic formulations market,…

Pharmaceutical
LaunchBosaya™

Biocon

Biocon Limited, a global biopharmaceutical company, has announced the commercial launch of its denosumab biosimilars, Bosaya™ and Aukelso™, in the United States.

Biosimilar
M&AAcquisition · Rumored

Warburg pincus acquires Maneesh pharmaceuticals

Warburg Pincus is in advanced discussions to acquire the non-TB formulations business of Mumbai-headquartered Maneesh Pharmaceuticals in a deal valued at around ₹1,600-1,800 crore.

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…

M&AAcquisition · Completed

USV acquires Wellbeing nutrition

pharmaceutical major USV acquired a 79% stake in Wellbeing Nutrition

Nutrition
M&AAcquisition · Announced

Strides pharma science acquires Sandoz

Strides Pharma Science on Tuesday said it has inked a pact with Sandoz AG to acquire certain branded generic products across Sub-Saharan Africa.

Pharmaceutical
Contract

Strides Pharma · client: Sandoz

The initial consideration for the transaction is $12 million, payable at closing and is expected to be funded through internal accruals, Strides said in a statement.

Pharmaceutical
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…

M&AAcquisition · Completed

Kedaara capital acquires Sanofi india

The company was formed after acquiring 16 nutraceutical brands from Sanofi India for ₹587 crore.

Pharmaceuticals
M&AAcquisition · Announced

Arogya Tech Services LLP acquires Bijoy hans

Arogya Tech Services LLP has acquired a substantial stake in Bijoy Hans Limited through a preferential allotment, as disclosed in a regulatory filing dated March 6, 2026.

M&AAcquisition · Announced

Ems group acquires Medley

The purchase of Medley by the EMS Group should keep the pharmaceutical company operating independently within the group structure.

Pharmaceuticals
M&AAcquisition · Announced

Sanofi acquires Medley

The share of the EMS pharmaceutical market can rise to 31% with the purchase of Medley, Sanofi, said Marcus Sanchez, vice president of the group, on Friday (6).

Funding

Biocon

Biocon acquired 11,53,44,285 Optionally Convertible Redeemable Non-Cumulative Preference Shares of Rs 10 each in Biocon Biosphere Limited and 20,00,00,000 similar shares in Biocon Pharma…

Investors Biocon
Pharmaceutical manufacturing
ContractService

Morepen laboratories · client: Major global pharmaceutical player

Morepen Laboratories Limited has landed a landmark CDMO contract valued at approximately Rs. 825 crore with a major global pharmaceutical player.

Pharmaceuticals
M&AAcquisition · Announced

WaveRise Investments, ChrysCapital, and Two Infinity Partners acquires Novartis india

Novartis has agreed to sell its entire 70.68% stake in Novartis India to a private equity consortium for about $159 million, marking its exit from the Indian listed entity as part of a…

Pharmaceuticals
M&AAcquisition · Announced

consortium of WaveRise Investments, ChrysCapital and Two Infinity Partners acquires Novartis india

Novartis announced on Friday that the share would be sold to a consortium of financial investors for about $159 million.

Pharmaceutical
M&AAcquisition · Announced

Consortium of WaveRise Investments, ChrysCapital, Two Infinity Partners acquires Novartis india

The company sold its share of 70.68 percent for about 159 million dollars to a consortium of financial investors, Novartis announced on Friday.

M&AAcquisition · Announced

WaveRise Investments, ChrysCapital Fund X, Two Infinity Partners, ChrysCapital X, LLC, OceanEdge Investments Limited acquires Novartis india

Under the open offer, acquirers have announced acquisition of up to 64,19,608 fully paid-up equity shares of face value of Rs 5 each from public shareholders of Novartis India Limited,…

M&AAcquisition · Announced

WaveRise Investments, ChrysCapital, Two Infinity Partners acquires Novartis india

Novartis announced on Friday that the share would be sold to a consortium of financial investors for about $159 million.

Pharmaceuticals
M&AAcquisition · Announced

Consortium of financial investors acquires Novartis india

The company sold its share of 70.68 percent for about 159 million dollars to a consortium of financial investors, Novartis announced on Friday.

Pharmaceutical

Traditional pharmaceuticals companies in Telangana, by revenue

Browse traditional pharmaceuticals companies in Telangana 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 102 traditional pharmaceuticals companies in Telangana 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

Multinational pharmaceutical company that develops and manufactures innovative and medicines to improve patient health

Traditional pharmaceuticals
₹33,741.20 crFY 2024-25
+17%2024–2025
32,580-12% 12 mo to Mar 2024LinkedIn · Jul 2026
42 yr1984
0none in 3 months

Provider of generic biocatalytic solutions

Traditional pharmaceuticals
₹32,345.58 crFY 2024-25
+9%2024–2025
15,139+11% 12 mo to Mar 2024LinkedIn · Jul 2026
40 yr1986
2postings · last posted Sep 2026

Manufacturer of active pharmaceutical ingredients, generics, biosimilars, and custom pharmaceutical services

Traditional pharmaceuticals
₹16,536.50 crFY 2024-25
+13%2024–2025
8,739LinkedIn · Jul 2026
33 yr1993
19postings · last posted Sep 2026

Manufacturer of active pharmaceutical ingredients

Traditional pharmaceuticals
₹9,712.00 crFY 2024-25
+19%2024–2025
3,555+3% 12 mo to Nov 2023LinkedIn · Jul 2026
36 yr1990
0none in 3 months

Pharmaceutical company with a research background that produces APIs, formulations, and provides CRAMS services

Traditional pharmaceuticals
₹7,562.77 crFY 2024-25
+12%2024–2025
9,175+20% 12 mo to Nov 2023recorded Nov 2023
23 yr2003
2postings · last posted Sep 2026

Pharmaceutical and biotechnology company

Traditional pharmaceuticals
₹5,613.89 crFY 2024-25
+11%2024–2025
3,867+5% 12 mo to Mar 2024LinkedIn · Jul 2026
21 yr2005
0none in 3 months · last posted Jun 2026

Developer and manufacturer of API and finish dosage forms

Traditional pharmaceuticals
₹4,784.00 crFY 2024-25
+16%2024–2025
2,687+4% 12 mo to Jul 2024LinkedIn · Jul 2026
45 yr1981
0none in 3 months

CDMO focused on manufacturing of active pharmaceutical ingredients

Traditional pharmaceuticals
₹4,510.77 crFY 2023-24
Not reported
3,746+2% 12 mo to Jul 2024LinkedIn · Jul 2026
42 yr1984
4postings · last posted Sep 2026

Manufacturer of active pharmaceutical ingredients for various therapeutic categories

Traditional pharmaceuticals
₹4,422.21 crFY 2024-25
-5534%2024–2025
701LinkedIn · Jul 2026
4 yr2022
1postings · last posted Aug 2026

Manufacturer of generic medicine

Traditional pharmaceuticals
₹1,493.96 crFY 2024-25
Not reported
610LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Manufacturer of active pharmaceutical ingredients, intermediates, and finished dosage forms

Traditional pharmaceuticals
₹1,479.64 crFY 2024-25
+2%2024–2025
96+1% 12 mo to Mar 2024recorded Mar 2024
45 yr1981
0none in 3 months

Pharmaceutical company manufacturing Active Pharmaceutical Ingredients (APIs), Pellets (Semi finished Formulations) and Intermediates in multi therapeutic segments

Traditional pharmaceuticals
₹1,107.00 crFY 2024-25
+1%2024–2025
1,029+23% vs previous recordLinkedIn · Jul 2026
24 yr2002
0none in 3 months · last posted Jun 2026

Manufacturer of active pharmaceutical ingredients and pharmaceutical intermediate compounds

Traditional pharmaceuticals
₹816.52 crFY 2024-25
+6%2024–2025
315+16% 12 mo to Aug 2024LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Traditional pharmaceutical company manufacturing active pharmaceutical ingredients (API)

Biopharma outsourcing
₹788.97 crFY 2024-25
+11%2024–2025
422+13% 12 mo to Sep 2024recorded Sep 2024
36 yr1990
0none in 3 months · last posted Jun 2026

Manufacturer of branded and generic pharmaceutical products

Traditional pharmaceuticals
₹543.75 crFY 2024-25
+17%2024–2025
596+27% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Jun 2026

Manufacturers of APIs and intermediates

Traditional pharmaceuticals
₹375.43 crFY 2021-22
Not reported
228+71% 12 mo to Jun 2024LinkedIn · Jul 2026
22 yr2004
1postings · last posted Sep 2026

Company focused on research, development, and manufacturing of generic parenteral medicines

Traditional pharmaceuticals
₹418.29 crFY 2024-25
+147%2024–2025
433+28% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months · last posted Jul 2026

Manufacturer of Active Pharmaceutical Ingredients (API) and intermediate

Biopharma outsourcing
₹349.58 crFY 2024-25
+13%2024–2025
65+12% 12 mo to Sep 2024recorded Sep 2024
20 yr2006
0none in 3 months

Manufacturer & supplier of APIs and pharmaceutical intermediates

Traditional pharmaceuticals
₹323.19 crFY 2024-25
+1%2024–2025
800+888% vs previous recordrecorded
20 yr2006
0none in 3 months · last posted Apr 2026

Provider of drug distribution and storage services

Traditional pharmaceuticals
₹284.36 crFY 2021-22
Not reported
188-2% 12 mo to Jun 2023LinkedIn · Jul 2026
84 yr1942
0none in 3 months · last posted Apr 2026

Manufacturer of pharmaceuticals, nutraceuticals, and cosmoceuticals

Traditional pharmaceuticals
₹284.93 crFY 2024-25
+5%2024–2025
2,736-3% 12 mo to Sep 2024recorded Sep 2024
28 yr1998
0none in 3 months

Manufacturer of active pharmaceutical ingredients and advanced pharmaceutical intermediates for industry

Traditional pharmaceuticals
₹280.50 crFY 2024-25
+16%2024–2025
375recorded
40 yr1986
0none in 3 months

Manufacturer & supplier of active pharmaceutical ingredients and intermediates

Traditional pharmaceuticals
₹247.74 crFY 2024-25
-5%2024–2025
46+4% 12 mo to Jun 2024LinkedIn · Jul 2026
31 yr1995
0none in 3 months

Manufacturer of key active pharmaceutical ingredients and intermediates

Traditional pharmaceuticals
₹243.43 crFY 2024-25
-5%2024–2025
77-40% 12 mo to Jul 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Provider of API manufacturing, regulatory affairs, and other services

Traditional pharmaceuticals
₹206.98 crFY 2024-25
+30%2024–2025
129LinkedIn · Jul 2026
21 yr2005
0none in 3 months
50 of 136 companies shown here · the full list is on Radar
Fliar Radar

Explore all 136 traditional pharmaceuticals companies in Telangana on Radar

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

Open traditional pharmaceuticals in Telangana on Radar
  • Every company, not just 50All 136 traditional pharmaceuticals companies in Telangana, 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 traditional pharmaceuticals companies in Telangana by what you are looking for

Find traditional pharmaceuticals companies in Telangana, from generic drug makers to API manufacturers and contract development firms. You can also browse listed pharmaceutical companies in Telangana and traditional pharmaceuticals startups.

7 ways to explore traditional pharmaceuticals in Telangana

Generic drug & formulation manufacturersActive pharmaceutical ingredient (API) manufacturersContract development & manufacturing (CDMO) companiesPharma testing, supplies & distributionListed pharmaceutical companies in TelanganaTraditional pharmaceuticals startups in Telangana

Generic drug & formulation manufacturers

Companies that make generic medicines and finished formulations.

  1. Aurobindo Pharma

    Provider of generic biocatalytic solutions

    Traditional pharmaceuticals
    See in list
  2. Hetero

    Manufacturer of active pharmaceutical ingredients, generics, biosimilars, and custom pharmaceutical services

    Traditional pharmaceuticals
    See in list
  3. MSN Laboratories

    Pharmaceutical company with a research background that produces APIs, formulations, and provides CRAMS services

    Traditional pharmaceuticals
    See in list
  4. Annora

    Manufacturer of generic medicine

    Traditional pharmaceuticals
    See in list
  5. Virchow Group

    Manufacturer of active pharmaceutical ingredients, intermediates, and finished dosage forms

    Traditional pharmaceuticals
    See in list

Active pharmaceutical ingredient (API) manufacturers

Makers of APIs, intermediates and bulk drug ingredients.

  1. Metrochem API

    Pharmaceutical company manufacturing Active Pharmaceutical Ingredients (APIs), Pellets (Semi finished Formulations) and Intermediates in multi therapeutic segments

    Traditional pharmaceuticals
    See in list
  2. Vijayasri Organics

    Manufacturer of active pharmaceutical ingredients and advanced pharmaceutical intermediates for industry

    Traditional pharmaceuticals
    See in list
  3. Sriven Pharmachem

    Manufacturer of generic pharmaceutical products, API intermediates, and specialty chemicals

    Traditional pharmaceuticals
    See in list
  4. SKVEN

    Developer of active pharmaceutical ingredients, intermediates, and starting materials for pharma

    Traditional pharmaceuticals
    Website
  5. Gennex pharma

    Company that specializes in APIs and various pharmaceutical products & regulatory services to biopharma sector

    Biopharma outsourcing
    Website

Contract development & manufacturing (CDMO) companies

Pharma companies offering custom development and contract manufacturing.

  1. Aurobindo Pharma

    Provider of generic biocatalytic solutions

    Traditional pharmaceuticals
    See in list
  2. Divis Laboratories

    Manufacturer of active pharmaceutical ingredients

    Traditional pharmaceuticals
    See in list
  3. Laurus Labs

    Pharmaceutical and biotechnology company

    Traditional pharmaceuticals
    See in list
  4. Natco Pharma

    Developer and manufacturer of API and finish dosage forms

    Traditional pharmaceuticals
    See in list
  5. Arene Lifesciences

    Manufacturers of APIs and intermediates

    Traditional pharmaceuticals
    See in list

Pharma testing, supplies & distribution

Analytical testing, medical supplies and drug distribution services.

  1. Balaxi

    Provider of drug distribution and storage services

    Traditional pharmaceuticals
    See in list
  2. Arka Labs

    Provider of analytical testing services for pharmaceutical and packaging sectors

    Materials research and training services
    Website
  3. Gmm Human Care

    Provider of multiple medical products and services

    Medical supplies and consumables
    Website

Listed pharmaceutical companies in Telangana

Publicly listed traditional pharmaceuticals companies.

  1. Dr. Reddy's Laboratories

    Multinational pharmaceutical company that develops and manufactures innovative and medicines to improve patient health

    Traditional pharmaceuticals
    See in list
  2. Aurobindo Pharma

    Provider of generic biocatalytic solutions

    Traditional pharmaceuticals
    See in list
  3. Divis Laboratories

    Manufacturer of active pharmaceutical ingredients

    Traditional pharmaceuticals
    See in list
  4. Laurus Labs

    Pharmaceutical and biotechnology company

    Traditional pharmaceuticals
    See in list
  5. Natco Pharma

    Developer and manufacturer of API and finish dosage forms

    Traditional pharmaceuticals
    See in list
14 companies in Telangana

Traditional pharmaceuticals startups in Telangana

Recently founded pharmaceutical companies in Telangana.

  1. Matrix Pharmacorp

    Manufacturer of active pharmaceutical ingredients for various therapeutic categories

    Traditional pharmaceuticals
    See in list
  2. Makdo

    Manufacturer of drugs

    Traditional pharmaceuticals
    Website
  3. Savioris

    Manufacturer of drugs

    Traditional pharmaceuticals
    Website
  4. Suraj Laboratories

    Manufacturer of active pharmaceutical ingredients, intermediates, key starting materials, and CRAMS

    Traditional pharmaceuticals
    Website
  5. More Life Pharmaceutical

    Manufacturer of drugs

    Traditional pharmaceuticals
    Website
8 companies in Telangana

Traditional pharmaceuticals companies hiring in Telangana

Pharmaceutical companies in Telangana with open roles.

  1. Aurobindo Pharma

    Provider of generic biocatalytic solutions

    Traditional pharmaceuticals
    See in list
  2. Hetero

    Manufacturer of active pharmaceutical ingredients, generics, biosimilars, and custom pharmaceutical services

    Traditional pharmaceuticals
    See in list
  3. MSN Laboratories

    Pharmaceutical company with a research background that produces APIs, formulations, and provides CRAMS services

    Traditional pharmaceuticals
    See in list
  4. Laurus Labs

    Pharmaceutical and biotechnology company

    Traditional pharmaceuticals
    See in list
  5. Granules India

    CDMO focused on manufacturing of active pharmaceutical ingredients

    Traditional pharmaceuticals
    See in list
14 companies in Telangana
Mobile reach

Top 5 traditional pharmaceuticals apps from Telangana

The most-installed Android apps published by traditional pharmaceuticals companies headquartered in Telangana — 60K installs between them. 5 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 5
4

AZISTA

by Azista

Installs1K
Rating—
Last updatedFeb 2026
View on Google Play ↗
AZISTA screenshot 1AZISTA screenshot 2AZISTA screenshot 3AZISTA screenshot 4AZISTA screenshot 5AZISTA screenshot 6
5

MAKDIAN

by Makdo

Installs31
Rating—
Last updatedMar 2023
View on Google Play ↗
MAKDIAN screenshot 1MAKDIAN screenshot 2
The business behind the activity

Traditional pharmaceuticals financials in Telangana

Revenue, profit and growth from the filed annual accounts of 90 traditional pharmaceuticals companies in Telangana for FY24-25 — 103 of the 136 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 74% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹87,287.04 cr

90 companies filing accounts

combined net profit₹14,254.95 cr

16.3% aggregate margin

are profitable79%

71 of 90 companies

median revenue~₹48.1 cr

the typical company

median revenue growth+3%

into FY24-25

earned by the top five74%

revenue concentration

Six-year view

Combined revenue of filing companies

₹54,333.68 crFY19-2082 filers
₹68,355.86 crFY20-2189 filers
₹68,137.85 crFY21-2292 filers
₹71,941.23 crFY22-2393 filers
₹79,029.07 crFY23-2492 filers
₹87,287.04 crFY24-2590 filers

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

Like-for-like

The same 82 companies over three years

+22%
FY22-23₹71,189.02 cr₹9,046.55 cr net
FY23-24₹78,374.08 cr₹11,587.78 cr net
FY24-25₹86,884.93 cr₹14,235.61 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 cr1436% profitable
₹1–10 cr1070% profitable
₹10–100 cr3083% profitable
₹100–1,000 cr2692% profitable
Over ₹1,000 cr10100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking38
0–20%32
20–50%9
50–100%3
Doubled+6

88 companies with accounts for both years; median growth +3%.

Profitability

Profit is concentrated at the top

71profitable
19loss-making
16.3%aggregate margin
2.0%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
Aspiro PharmaASPIRO PHARMA LIMITED+147%₹418.29 cr
Lucent DrugsLUCENT DRUGS PRIVATE LIMITED
Meenaxy pharmaMEENAXY PHARMA PRIVATE LIMITED+89%₹43.76 cr
AzistaAZISTA INDUSTRIES PRIVATE LIMITED
RadisonlabsRADISON LABS PRIVATE LIMITED
Value ChemVALUE CHEM PRIVATE LIMITED+41%
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Natco PharmaNATCO PHARMA LIMITED41.9%₹4,415.80 cr
Neuheit Pharma TechnologiesNEUHEIT PHARMA TECHNOLOGIES PRIVATE LIMITED₹18.44 cr
Divis LaboratoriesDIVI'S LABORATORIES LIMITED23.1%₹9,550.00 cr
Dr. Reddy's LaboratoriesDR.REDDY'S LABORATORIES LTD22.2%₹24,118.80 cr
Aurobindo PharmaAUROBINDO PHARMA LTD15.5%₹11,261.42 cr
AnnoraANNORA PHARMA PRIVATE LIMITED15.1%₹1,493.96 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Traditional pharmaceuticals80₹85,837.47 cr~₹48.1 cr84%16.5%
Biopharma outsourcing5₹1,327.94 cr~₹107.8 cr60%4.4%
Leaders

Largest traditional pharmaceuticals companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Dr. Reddy's LaboratoriesDR.REDDY'S LABORATORIES LTD₹24,118.80 cr₹5,349.40 cr22.2%+19%
HeteroHETERO LABS LIMITED₹11,939.44 cr₹1,109.93 cr9.3%+11%
Aurobindo PharmaAUROBINDO PHARMA LTD₹11,261.42 cr₹1,746.79 cr15.5%-0%
Divis LaboratoriesDIVI'S LABORATORIES LIMITED₹9,550.00 cr₹2,209.00 cr23.1%+19%
MSN LaboratoriesMSN LABORATORIES PRIVATE LIMITED₹7,499.51 cr₹713.52 cr9.5%+13%
Laurus LabsLAURUS LABS LIMITED₹5,282.08 cr₹380.39 cr7.2%+9%
Natco PharmaNATCO PHARMA LIMITED₹4,415.80 cr₹1,850.40 cr41.9%+20%
Granules IndiaGRANULES INDIA LIMITED₹3,070.84 cr₹319.34 cr10.4%-18%
AnnoraANNORA PHARMA PRIVATE LIMITED₹1,493.96 cr₹225.59 cr15.1%+22%
Metrochem APIMETROCHEM API PRIVATE LIMITED₹1,107.00 cr₹18.20 cr1.6%+1%
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 Telangana compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months1

US$270.00m

equity rounds, last 24 months4

US$276.13m

raised over five yearsUS$675.09m

30 rounds in India

M&A deals, India156

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 India

148Acquisition
8Merger

Most active acquirers

  1. Sun pharmaceutical industries10
  2. Biocon9
  3. Mankind pharma9
  4. Aurobindo pharma8
  5. Corona remedies6

Most acquired or merged

  1. Novartis india7
  2. La Renon Healthcare6
  3. Medley4
  4. Encube ethicals4
  5. Checkpoint therapeutics4

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

Traditional pharmaceuticals funding in Telangana

10 traditional pharmaceuticals companies in Telangana have recorded equity funding, US$298.10m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Telangana

Meet the people behind traditional pharmaceuticals companies in Telangana. 87 of 136 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Telangana traditional pharmaceuticals companies by sub-sector

The most common specialisations among traditional pharmaceuticals companies in Telangana. 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.

Coming soon