Top 10 Pharma Companies in India by Market Capitalization

Sun Pharmaceutical Industries Ltd, Dr. Reddy's Laboratories Ltd, Cipla Ltd, Torrent Pharmaceuticals Ltd, and Zydus Lifesciences Ltd are the top 5 pharma companies in India in 2023 by market capitalization (as of Mar 31, 2023). Comprehensively, the top 10 pharma companies in India had a total market cap of $77,093 million (as of Mar 31, 2023), with Sun Pharmaceutical Industries Ltd has the highest ($28,738 million), followed by Dr. Reddy's Laboratories Ltd ($9,355 million), and Cipla Ltd ($8,855 million), while IPCA Laboratories Ltd is the lowest ($2,505 million). Sun Pharmaceutical Industries Ltd is the leading pharma company in India by market cap (as of Mar 31, 2023). The company reported revenues of $5,235 million for the fiscal year ended March 2022 (FY2022), an increase of 15.4% over FY2021. The company’s portfolio includes products for the treatment of psychiatric, neurological, nephrological, gastroenterological, orthopedic, and ophthalmologic diseases and disorders, and heart diseases. It employs 38,000 people. Cipla Ltd is another leading Pharma company in India by market cap (as of Mar 31, 2023). The company reported revenues of $2,948 million for the fiscal year ended March 2022 (FY2022), an increase of 13.6% over FY2021. The company also operates in consumer healthcare and biosimilar businesses. It employs 21,891 people.