Rubicon Deep-Dive
Market Map · Listed Universe

Indian Pharma Market Map

Every major listed pharma, API, CDMO and biosimilar company — mapped by segment, growth, returns, R&D intensity and valuation. Rubicon is highlighted throughout.

Reported · sourced (FY25)
What this shows

Every major listed Indian pharma, API and CDMO company on one screen — as scatter-plots (to spot patterns) and a sortable table (for the detail). Rubicon is highlighted throughout.

How to use it

Click a segment chip to filter. In the charts each bubble is a company (bigger = larger market cap) — hover for its name. In the table, click any column header to sort, and click a company name to open its full profile.

Key terms
Market cap
The company's total stock-market value (share price × number of shares).
P/E
Price-to-Earnings — how many years of profit you pay for the stock. Higher = pricier / higher-growth.
EV/EBITDA
Enterprise Value ÷ operating profit — a debt-aware valuation multiple.
ROCE
Return on Capital Employed — profit generated per rupee of capital. Higher = more efficient.
EBITDA margin
Operating profit as a % of sales — core profitability before interest, tax & depreciation.
Revenue CAGR
Compound annual growth rate of sales over the period.

Growth vs Valuation

Revenue CAGR (5Y) × P/E · bubble = market cap

Quality vs Valuation

ROCE × P/E · bubble = market cap

US Exposure vs Margin

US revenue % × PAT margin · bubble = market cap

Returns vs Growth

5Y price CAGR × revenue CAGR · bubble = market cap

Diversified US Generics Complex Generics Domestic Formulations API CDMO/CRDMO Biosimilars

Company Universe

26 companies · click any column to sort · click a name for the full profile

TickerSegment
Sun Pharmaceutical IndustriesSUNPHARMADiversified₹4.3L Cr₹52.6K Cr22%29%20.5%6.2%31%35x27.0x+22%
Divi's LaboratoriesDIVISLABAPI₹1.8L Cr₹9.4K Cr10%32%22%2.5%0%68x42.0x+10%
Torrent PharmaceuticalsTORNTPHARMDomestic Formulations₹1.5L Cr₹11.5K Cr25%32%27%5%10%68x42.0x+25%
CiplaCIPLADiversified₹1.1L Cr₹27.5K Cr7%26%23%6%28%29x15.0x+7%
Zydus LifesciencesZYDUSLIFEDiversified₹1.1L Cr₹23.2K Cr12%30%24%8.2%47%20x13.0x+12%
Dr. Reddy's LaboratoriesDRREDDYDiversified₹1.1L Cr₹32.6K Cr4%26%13.6%8.4%45%25x13.0x+4%
LupinLUPINDiversified₹1.0L Cr₹22.7K Cr25%23%30.3%8.2%36%18x12.0x+25%
Mankind PharmaMANKINDDomestic Formulations₹98.1K Cr₹12.2K Cr0%25%13.5%2.2%0%49x30.0x
Aurobindo PharmaAUROPHARMAUS Generics₹82.7K Cr₹31.7K Cr8%20%13%5%47%23x11.0x+8%
Laurus LabsLAURUSLABSAPI₹74.2K Cr₹5.6K Cr18%20%17.8%4.6%0%83x30.0x+18%
BioconBIOCONBiosimilars₹66.6K Cr₹16.9K Cr1%27%3.75%7%0%171x16.0x+1%
Alkem LaboratoriesALKEMDomestic Formulations₹64.0K Cr₹13.0K Cr11%19%21.2%4.3%25%26x18.0x+11%
Abbott IndiaABBOTINDIADomestic Formulations₹55.3K Cr₹6.4K Cr10%26%46%0.5%0%36x28.0x+10%
Ajanta PharmaAJANTPHARMDomestic Formulations₹38.4K Cr₹4.6K Cr19%27%32.3%4.8%23%36x26.0x+19%
GSK Pharmaceuticals (India)GLAXODomestic Formulations₹36.8K Cr₹3.7K Cr8%31%63%1%0%38x35.0x+8%
J.B. Chemicals & PharmaceuticalsJBCHEPHARMDomestic Formulations₹35.1K Cr₹3.9K Cr23%26%26%3%0%49x28.0x+23%
Piramal PharmaPPLPHARMACDMO/CRDMO₹21.9K Cr₹9.2K Cr0%16%7%4%0%110x18.0x
Neuland LaboratoriesNEULANDLABCDMO/CRDMO₹21.7K Cr₹1.5K Cr53%22%19%5%0%60x35.0x+53%
Rubicon ResearchFOCUSRUBIComplex Generics₹21.1K Cr₹1.3K Cr81%20.7%39.9%10.4%72%104x55.0x
Pfizer (India)PFIZERDomestic Formulations₹20.7K Cr₹2.3K Cr-4%33%24.2%1%0%27x28.0x-4%
Eris LifesciencesERISDomestic Formulations₹19.5K Cr₹2.9K Cr14%35%14%3%0%31x19.0x+14%
Granules IndiaGRANULESAPI₹18.6K Cr₹4.5K Cr19%21%15%6%79%31x14.0x+19%
Syngene InternationalSYNGENECDMO/CRDMO₹18.1K Cr₹3.6K Cr-5%29%10.1%4%0%48x17.0x-5%
Caplin Point LaboratoriesCAPLIPOINTUS Generics₹17.8K Cr₹1.9K Cr29%34%26%5%21%28x22.0x+29%
Suven Pharmaceuticals (now Cohance Lifesciences)SUVENPHARCDMO/CRDMO₹16.5K Cr₹2.3K Cr-2%19%8.4%4%0%83x35.0x-2%
Alembic PharmaceuticalsAPLLTDUS Generics₹14.7K Cr₹7.3K Cr-5%15.2%13%7%28%20x16.0x-5%