Divi's Laboratories
 | This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (March 2023) |
 Divi's Laboratories' logo | |
| Formerly | Divi's Research Centre |
|---|---|
| Company type | Public |
| ISIN | INE361B01024 |
| Industry | Pharmaceuticals |
| Founded | 12 October 1990 |
| Headquarters | Divi Towers, Cyber Hills, Gachibowli, , India |
Key people | |
| Products | Active Pharmaceutical Ingredients Nutraceuticals |
| Services | Custom synthesis |
| Revenue |  ₹9,073 crore (US$1.0 billion) [1] (2022) |
| ₹3,683 crore (US$420 million) [1] (2022) | |
| ₹2,960 crore (US$340 million) [1] (2022) | |
| Total assets | ₹13,374 crore (US$1.5 billion) [1] (2022) |
| Total equity | ₹11,728 crore (US$1.3 billion) [1] (2022) |
| Owner |
|
Number of employees | 13,884 (2020) |
| Subsidiaries |
|
| Website | divislabs |
| Footnotes / references [1][2][3][4] | |
Divi's Laboratories Limited is an Indian multinational pharmaceutical company and producer of active pharmaceutical ingredients (APIs) and intermediates, headquartered in Hyderabad.[5][6][2][7] The company manufactures and custom synthesizes generic APIs, intermediates.[8][9] The company also manufactures and supplies nutraceutical ingredients through its subsidiary, Divi's Nutraceuticals.[10] Divi's Laboratories is India's fourth largest publicly listed pharmaceutical company by market capitalization.[11]
In October 2024, Divi and his family were ranked 29th on Forbes list of India’s 100 richest tycoons, with a net worth of $9.2 billion.[12]
History
[edit]The company initially started developing commercial processes for the manufacturing of APIs and intermediates. Divi's Research Centre changed its name to Divi's Laboratories Limited in 1994 to signal its intent to enter the API and intermediates manufacturing industry.[13] Following this, the company established its first Manufacturing facility in 1995 at Choutuppal, Telangana.[1] In 2002, the company's second manufacturing facility commenced operations at Chippada near Visakhapatnam.[1]
The company went public with its initial public offering (IPO) on 17 February 2003.[14][13] In 2010, the company established a research centre in Hyderabad.[1]
Facilities
[edit]The company has three manufacturing facilities and three R&D centres across India:[1]
Manufacturing
[edit]- Choutuppal Unit - Lingojigudem village, Choutuppal mandal, Yadadri Bhuvanagiri district, Telangana
- DC SEZ Unit - Lingojigudem village, Choutuppal mandal, Yadadri Bhuvanagiri district, Telangana
- Export Oriented Unit - Chippada village, Bheemunipatnam mandal, Visakhapatnam district, Andhra Pradesh
- Divi's Pharma SEZ Unit - Chippada village, Bheemunipatnam mandal, Visakhapatnam district, Andhra Pradesh
- DSN SEZ Unit - Chippada village, Bheemunipatnam mandal, Visakhapatnam district, Andhra Pradesh
- DCV SEZ Unit - Chippada village, Bheemunipatnam mandal, Visakhapatnam district, Andhra Pradesh
References
[edit]- ^ a b c d e f g h i j Laboratories, Divi's. "Annual Report" (PDF). divislabs.com. Archived (PDF) from the original on 18 October 2020.
- ^ a b "Divi's Laboratories Ltd Company profile". Bloomberg L.P. Archived from the original on 18 October 2020. Retrieved 15 September 2020.
- ^ "Latest Shareholding Pattern - Divi's Laboratories Ltd". trendlyne.com. Archived from the original on 18 October 2020. Retrieved 15 September 2020.
- ^ Laboratories, Divi's. "Subsidiary Financials" (PDF). divislabs.com. Archived (PDF) from the original on 18 October 2020.
- ^ "Company Profile-DIVIS LAB". Dynamic Levels. Archived from the original on 18 October 2020. Retrieved 15 September 2020.
- ^ "Company Profile for Divi's Laboratories Ltd". Reuters. Archived from the original on 18 October 2017. Retrieved 15 September 2020.
- ^ "DIVI'S LABORATORIES LIMITED - Company, directors and contact details | Zauba Corp". www.zaubacorp.com. Archived from the original on 18 October 2020. Retrieved 15 September 2020.
- ^ "Top API Manufacturing Company In Hyderabad, India & World | DivisLabs". Divis Laboratories World’s largest API manufacturing facility. Archived from the original on 12 August 2020. Retrieved 15 September 2020.
- ^ Bradstreet, Dun. "Divi's Laboratories company profile". dnb.com. Archived from the original on 18 October 2020.
- ^ Divis Nutraceuticals (14 September 2021). "Press Release: Divi's Nutraceuticals launches CaroNat for natural food and beverage coloration". Divi's Nutraceuticals. Retrieved 27 July 2022.
- ^ "Top Pharmaceuticals & Drugs Stocks in India by Market Capitalisation". www.moneycontrol.com. Archived from the original on 13 January 2023. Retrieved 15 February 2023.
- ^ "India's 100 Richest". India’s 100 Richest. 9 October 2024.
- ^ a b "Divis Laboratories > Company History > Pharmaceuticals > Company History of Divis Laboratories - BSE: 532488, NSE: DIVISLAB". moneycontrol.com. Archived from the original on 6 June 2020. Retrieved 17 September 2020.
- ^ "Divis Labs Fixes Rs 130 Per Share As Floor Price For IPO". The Financial Express. 11 February 2003. Archived from the original on 17 March 2018. Retrieved 18 September 2020.
- Pharmaceutical companies of India
- Pharmaceutical companies established in 1990
- Indian companies established in 1990
- Manufacturing companies based in Hyderabad, India
- 1990 establishments in Andhra Pradesh
- Companies listed on the National Stock Exchange of India
- Companies listed on the Bombay Stock Exchange