Asia300

Sun Pharmaceutical Industries Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
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  • 5y
Mar 24, 2017
Prev close: 703.3
Mar 24, 2017
Market cap:
Market cap(USD):
1,687.37B
25,796.46M
Shares: 2,399.23M

Currency in INR

Company profile

Market(Ticker): BOM(524715)
Sector:
Industry:
Health Technology
Pharmaceuticals: Major
Full time employees: 30,000

Business summary

Sun Pharmaceutical Industries Ltd. engages in development, manufacturing, sell, trading, marketing and export of various pharmaceutical products. The company produces generic products targeting spectrum of chronic and acute treatments. It manufactures span generics, branded generics, difficult-to-make technology intensive products, over-the-counter, anti-retrovirals, active pharmaceutical ingredients and intermediates. The company products include dosage forms, including tablets, capsules, injectables, inhalers, ointments, creams and liquids. Its therapeutic portfolio includes psychiatry, anti-infectives, neurology, cardiology, orthopaedic, diabetology, gastroenterology, ophthalmology, nephrology, urology, dermatology, gynaecology, respiratory, oncology, dental and nutritionals. The company operates through the following segments: U.S. Business, Indian Branded Generics Business, Emerging Markets, Rest of World, Global Consumer Healthcare Business, and Active Pharmaceutical Ingredients. Sun Pharmaceutical Industries was founded by Dilip Shantilal Shanghvi in 1982 and is headquartered in Mumbai, India.

Company background

Sun Pharmaceutical is India's largest drugmaker. It sells mainly generic drugs, an area in which Indian companies do well, in more than 150 countries, including the U.S. It has over 20 production bases around the world and supplies more than 1,000 products. It has succeeded in expanding its business globally, given that domestic sales account for only about 30% of its group sales. It has built a solid business base especially in the U.S., generating more around 50% of sales in that market.

The company was founded in 1983 by Dilip Shanghvi, who serves as managing director. It brought online its first active pharmaceutical ingredients factory in the western Indian state of Gujarat in 1995. It has been on a growth path recently on the back of the global expansion of India's generic drug business. Shanghvi is known for his aggressive merger and acquisition strategy and has expanded his company through buyouts including overseas companies. In 2014, it bought Ranbaxy Laboratories, an Indian drugmaker, which cemented its place at the top of India's pharmaceutical industry.

Shanghvi and other founding family members and affiliate companies own more than 60% of shares in Sun Pharmaceutical. Shanghvi is one of India's richest men, and he and his family are actively investing in India.

In the news

Financial highlights

Mar 2016

  • Local currency
  • US Dollar
Revenue 277,441.6M
Gross profit 157,105.4M
Operating income 70,435.2M
Income before tax 67,652.8M
Net income 47,159.1M
EBITDA 80,570.4M
Diluted EPS 19.6
Dividends per share 1
Total assets 546,445M
Total liabilities 191,543.6M
Total equity 314,042.2M
Operating cash flow 67,667.3M

Currency in INR

Revenue 4,237.63M
Gross profit 2,399.62M
Operating income 1,075.82M
Income before tax 1,033.32M
Net income 720.30M
EBITDA 1,230.63M
Diluted EPS 0.29
Dividends per share 0.01
Total assets 8,251.65M
Total liabilities 2,892.42M
Total equity 4,742.22M
Operating cash flow 1,033.54M

Currency in USD

Valuation measures

Mar 2016

PER 41.80
ROA 9.06%
ROE 16.53%
Operating margin 25.38%
Profit margin 16.99%

Key executive

  • Managing Director & Executive Director: Dilip Shantilal Shanghvi
  • President: Arun Sawhney
  • Chief Financial Officer: Uday Vijaykumar Baldota
  • Head-Research & Development: Rajamannar Thennati
  • President & Global Head-Technical Operations: Govind K. Jaju

Share holders

  • SHANGHVI DILIP SHANTILAL(9.5%)
  • Viditi Investments Pvt Ltd.(8.3%)
  • Tejaskiran Pharmachem Industries Pvt Ltd.(8.1%)
  • Family Investment Pvt Ltd.(7.6%)
  • Quality Synthetic Industries Ltd.(7.6%)
  • Virtuous Finance Ltd.(4.0%)
  • Virtuous Share Investments Pvt Ltd.(3.4%)
  • Life Insurance Corp. of India(3.3%)
  • GIC Pte Ltd. (Investment Management)(1.6%)
  • Aditya Medisales Ltd.(1.6%)

Address

  • Website: http://www.sunpharma.com
  • Address: CTS No. 201 B/1, Sun House, Western Express Highway, Mumbai, 400063, India
  • Phone: +91.22.43244324

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