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Divi's Laboratories

Indian pharmaceutical company From Wikipedia, the free encyclopedia

Divi's Laboratories

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]

Quick Facts Formerly, Company type ...
Divi's Laboratories Limited
FormerlyDivi's Research Centre
Company typePublic
ISININE361B01024
IndustryPharmaceuticals
Founded12 October 1990 (34 years ago) (1990-10-12)
HeadquartersDivi Towers, Cyber Hills, Gachibowli,
Hyderabad, Telangana
,
India
Key people
  • Murali Krishna Prasad Divi (MD)
  • Satchandra Kiran Divi (CEO)
ProductsActive Pharmaceutical Ingredients
Nutraceuticals
ServicesCustom synthesis
Revenue ₹9,073 crore (US$1.1 billion) [1] (2022)
₹3,683 crore (US$440 million) [1] (2022)
₹2,960 crore (US$350 million) [1] (2022)
Total assets ₹13,374 crore (US$1.6 billion) [1] (2022)
Total equity ₹11,728 crore (US$1.4 billion) [1] (2022)
Owner
  • Divi Satchandra Kiran (20.34%)
  • Nilima Motaparti (20.34%)
  • Divi Swarna Latha (5.27%)
  • Divis Biotech Private Limited (3.01%)
  • Murali Krishna Prasad Divi (2.85%)
Number of employees
13,884 (2020)
Subsidiaries
  • Divis Laboratories (USA) Inc
  • Divi’s Laboratories Europe AG
  • Divi’s Nutraceuticals
Websitedivislabs.com
Footnotes / references
[1][2][3][4]
Close

History

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.[12] 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.[13][12] In 2010, the company established a research centre in Hyderabad.[1]

Facilities

The company has three manufacturing facilities and three R&D centres across India:[1]

Manufacturing

References

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