India’s Top 10 Pharmaceutical Companies By Market Capitalization

1. Alkem Laboratories Ltd.

• Market Capitalization: ~₹57,125 crores

• Headquarters: Mumbai, Maharashtra

• Founded: 1973

Alkem Laboratories is a well-established drug manufacturing company with a strong presence in the global markets of its formulations. Even though the company manufactures different kinds of medical and medicine formulations, the large portfolio of the company has products ranging from anti-infective, dermatology, diabetes, heart care, and so on.

Some of the common brands of the company are Clavam, Pan, and Taxim. The company makes prescription medicines, along with a focus on developing generic formulations at a cheaper cost.

Involving India and the US, it has 21 facilities to make drugs with around 800 brands to its name.

2. Aurobindo Pharmaceuticals Ltd.

• Market Capitalization: ₹63,345 crores

• Headquarters: Hyderabad, Telangana

• Founded: 1986

When you hear the name Aurobindo Pharma, you get a feel of trust, especially knowing that it is one of the oldest drug manufacturing companies in India with more than 5 decades of experience in this field.

The main products in its portfolio of medicines include CNS, antivirals, heart-care, oral and dental products, sterile medicines, Diabetes, and so on.

The company has a deep research background in the field of oncology and makes different kinds of medicines and hormonal products. It has a presence in more than 150 countries, along with some of its subsidiaries.

3. Abbott India Ltd.

• Market Capitalization: ₹64,802crores

• Headquarters: Mumbai, Maharashtra, India

• Founded: 1944

The company has a wide mix of products under its segment to cater to patients, especially making products in diagnostic services, medical devices nutrition. It also has a core area of research under the generic medicine development.

Most of its portfolio of medicines is from areas like women care, gastric disorders, CNS, and metabolic health issues. Some of the most popular brands are Ganaton, Colospa, Librax, and so on. In the list of supplements, some of its well-known brands are Similac and Ensure.

4. Lupin Ltd.

• Market Capitalization: ~₹90,217 crores

• Headquarters: Mumbai, Maharashtra

• Founded: 1968

Some of the core areas of Lupin’s medical research are generics, biotech products, APIs, and so on. Along with this, it has a diverse portfolio of medicines from areas like heart care, childcare, asthma, CNS, gastric problems, NSAIDs, and anti-invectives.

Lupin has a global presence, especially with a major market in the Americas. It is because the company has manufacturing facilities in countries like Mexico, Brazil, and the USA.

5. Zydus Lifesciences Ltd.

• Market Capitalization: ~₹90,545 crores

• Headquarters: Ahmedabad, Gujarat

• Founded: 1952

Zydus is a pharma company that puts a lot of focus on research and development, manufacturing, marketing, and selling a wide range of products.

For example, it has prescription medicines, generic viagra, special formulations, bio similar compounds, APIs, and vaccines. The company is also deeply involved in the areas of animal healthcare, where it has a wide range of medicines for different animals.

Along with this, the company has different products in the health and wellness sector, too. Some of its well-known brands are Bilypsa, Ujvira, and so on.

6. Mankind Pharma Ltd.

• Market Capitalization: ~₹91,188 crores

• Headquarters: New Delhi

• Founded: 1991

Since its inception in 1991, the company has seen a strong development of its core portfolio in recent years. It is fair to say that it is one of the fastest-growing companies in the Indian pharmacy sector.

From making prescription pills, pharma products, medical devices, and generics, it has a wide portfolio of healthcare products to manage. Some of its core areas of research include chronic pain, critical health issues, and consumer healthcare.

In the field of prescription pills, the majority of its products are in areas like anti-infectives, heart care, respiratory, diabetes, dermatology, and gynecology, among others.

7. Dr Reddy’s Laboratories

• Market Capitalization: ~₹1,04,000 crores

• Headquarters: Hyderabad, Telangana

• Founded: 1984

Even though its main base is centered on India, the company has a large global presence. Its core areas of research have been in the field of APIs, generic medicines, prescription pills, biosimilars products.

Its core medicinal portfolio is in cardiology, diabetes, gastric issues, oncology, and skin care. The company has an intermediary by the name of Pharmaceutical Services and Active Ingredients, Global Generics, and others, which focus entirely on its API portfolio.

8. Torrent Pharmaceuticals Ltd.

• Market Capitalization: ~₹1,21,494 crores

• Headquarters: Ahmedabad, Gujarat

• Founded: 1959

Now, coming into the final three companies with the largest market cap in the third position is Torrent Pharma, with its origins in Gujarat. Some of the core areas where the company focuses its research are women’s health, pain relief, diabetes, CNS disorders, and so on.

Around the world and in India, it has many manufacturing facilities and is into promotion, marketing, and distribution as it sells its products from its network of licensed vendors and wholesalers.

9. Cipla Ltd.

• Market Capitalization: ~₹1,16,760 crores

• Headquarters: Mumbai, Maharashtra

• Founded: 1935

In the second position in terms of market cap in India’s pharma sector is Cipla Ltd, which has been in the manufacturing and distribution of medicines for several decades.

The company has two operating segments- pharmaceuticals and new ventures. The pharma segment of the company focuses on manufacturing prescription pills, generic medicines, and APIs.

The new ventures segment of the company is more into making consumer wellness and healthcare, biosimilars, and special compounds. The company’s products range from respiratory, retroviral, urology, cardiology, to CNS disorders.

10. Sun Pharmaceutical Industries Ltd.

• Market Capitalization: ~₹3,97,161 crores

• Headquarters: Mumbai, Maharashtra

• Founded: 1983

The largest company in the field of the Indian medical sector by market cap has to be Sun Pharma under the leadership of Mr. Dilip Shangvi, based in Gujarat.

The company has a large portfolio of medicines, and some of its prescription brands are already approved by the FDA. The company has an interest in the field of oncology, hormonal products, APIs, peptides, and steroidal medicines.