Formulations (Finished Dosage Forms)
Contributes around 65–70% of total revenue.
Strong domestic presence with brands in cardiology, pain management, anti-malarial, and anti-infective segments.
Key brands include Lariago, Zerodol, Tenolol, and Malirid.
APIs (Bulk Drugs)
IPCA is a major global supplier of APIs such as Atenolol, Chloroquine Phosphate, Hydroxychloroquine, and Metoprolol.
Its API segment enjoys leadership in anti-malarial and cardiovascular categories.
Global Presence
Exports to over 100 countries including Europe, Africa, and Latin America.
Approximately 45% of total revenue comes from international markets.
Supplies to leading global pharmaceutical companies under long-term supply contracts.
Financial Snapshot
Market Capitalization: Around ₹33,000 crore.
Current Share Price: Approximately ₹1,310–1,320.
P/E Ratio: Around 36x.
ROE: ~12–14%.
Debt-to-Equity Ratio: 0.02 (virtually debt-free).
Dividend Yield: ~0.6%.
In recent quarters, IPCA reported steady growth in both formulations and API segments, aided by strong demand in anti-malarial and chronic therapies. Margins have improved due to operating leverage and cost efficiency.