What we do Quest Laboratories Limited manufactures a wide range of pharmaceutical formulations, including antibiotics, respiratory, diabetic, and antidepressant medications, specializing in ethical, generic, and OTC drugs. |
Founded in 1,998 |
Market share Growing presence in the Indian pharmaceutical market with WHO GMP and GLP certifications, listed on NSE SME Emerge, demonstrating credible quality standards. |
Problem solved Providing affordable, high-quality pharmaceuticals to meet diverse healthcare needs and market demand, adapting product mix flexibly. |
Top clients or who we serve Serving healthcare providers, pharmacies, and end consumers in India; operates mainly B2B and B2C segments. |
Key management - |
Our journey and innovations Incorporated in 1998, transitioned to a public limited company in 2024, launched IPO raising Rs 43.16 crores, developed versatile manufacturing with 600+ formulation approvals. |
Where we operate Primarily India with certified manufacturing facility at Pithampur, Madhya Pradesh, serving domestic markets. |
Top products or what we offer Ethical drugs, generics, OTC formulations across various therapeutic areas including antibiotics, antimalarials, and diabetes treatments. |
Top brands - |
Raw materials needed Pharmaceutical raw chemicals and active pharmaceutical ingredients (APIs). |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from cyclical sales aligned with pharmaceutical market demand and seasonal health trends. |
Our industry position A recognized small-mid scale pharmaceutical manufacturer certified for quality and compliance, growing revenue base. |
Financial highlights FY 2024-25 revenue Rs 103.97 crores (+30.7% YoY), net profit Rs 13.57 crores (+34% YoY), EPS Rs 8.28 per share. |
Geographical revenue split Revenue predominantly from Indian markets; no detailed regional split disclosed. |
Order book - |
Whats driving growth Increased turnover driven by market demand, product portfolio expansion, and IPO fund infusion. |
Our future plans Focus on scaling production, launching new formulations, and leveraging flexible manufacturing for market responsiveness. |
Our green promise Committed to water conservation through rainwater harvesting and sustainable natural resource use. |
Our people and values Culturally diverse workforce with nondiscriminatory hiring, emphasis on training and social inclusion. |
Key challenges ahead Managing competitive pressures, regulatory compliance, and scaling production while maintaining quality. |
Interesting facts Holds over 600 formulation approvals, flexible manufacturing adapts product mix quickly per market needs. |
Risks and strategy Risks include market competition and regulatory changes; mitigated through quality certifications and diversified product lines. |
