| Generic Formulations CDMO | End-to-end formulation development, licensing and manufacturing services including injectables and complex formats | Proprietary IP on 99% products, WHO-GMP facilities, experienced R&D and regulatory teams, strong client relationships | Primarily B2B pharma companies in India and select export markets | Complex formulations, modified-release and injectable products | 555 | 73 | Contract manufacturing revenues from domestic and international pharmaceutical companies | Contractual pricing; regulated by supply agreements and product development milestones | Launch of complex generics, capacity expansion, increased client base and regulatory approvals | ~5582 products supplied to 757 clients; specialized in chronic & complex generics |
| Trade Generics & Institutional | Branded generic drugs sold to stockists, distributors, and institutional buyers like government schemes | Strong brand portfolio, wide distributor network, understanding of institutional procurement | Stockists, distributors, government institutions; B2B and B2G | Branded generics in chronic segments with direct market reach | 400 | 23 | Sales revenue from brand-owned generics distributed through trade and tender sales | Direct sales; competitive pricing aligned with institutional procurement | Rural market penetration, government healthcare schemes, expanding branded generic portfolio | 400+ generic brands sold domestically including institutional tenders |
| Exports | Generic pharmaceutical products including formulations and health supplements for emerging and semi-regulated markets | Regulatory dossiers, WHO-GMP certification, and export infrastructure | International pharmaceutical distributors and partners; B2B | Complex generics in priority export markets | 27 | 4 | Sale of branded and unbranded generics through export contracts | Contractual and order based sales with compliance to recipient country regulations | Geographic expansion, dossier registration, and product portfolio diversification | Export of ~80 generic medicines to 10 countries |
