The new pandemic's emergence has reignited interest in the pharmaceutical industry as a whole. The rise in demand for a few key drugs, in particular, provided a much-needed push to the industry. India's pharmaceutical industry is expanding and improving lives by offering essential facilities. The turnover of pharmaceutical firms in India was 18.12 billion USD in 2018 and 19.14 billion USD in the fiscal year 2019, according to the Ministry of Chemicals and Fertilizers. In terms of production, generic drugs from top pharmaceutical firms account for 20% of global exports, making India the world's largest supplier of generic medicines. Cipla, Zydus Cadila, Biocon, Glenmark, Dr Reddy's, and Gland Pharma, according to experts, are among the companies that would benefit from the pandemic.
Why should you invest in Pharma company now?
Despite the uncertainty, pharmaceutical companies may be appealing to long-term investors. Because of the growing scale of the industry and the fact that healthcare is becoming a more important part of people's lives, investors will make good money if they invest at the right time. Furthermore, as an ever-evolving industry, many pharmaceutical firms profit from creativity, scientific breakthroughs, and technical advancements. The Indian pharmaceutical industry is expected to be worth 33.18 billion dollars by 2023, and it will rank ninth in the world.
The P/E ratio aids investors in determining a stock's market value in relation to its earnings. In a nutshell, the P/E ratio shows how much the market is willing to pay for a stock today based on its past or projected earnings. A higher P/E ratio indicates that investors are willing to pay a higher share price today in anticipation of future growth.
Top Best Listed Pharma Company Stocks To Invest Now in 2021
Top Best Listed Pharma Company Stocks To Invest Now in 2021
|Pharma Company||Market Cap in Rs||P/E Ratio|
|Dr. Reddy's Lab||86.10TCr||39.75|
Stock Price: Rs 691
Market Cap: 1.66LCr
P/E ratio: 68.88
It is India's largest pharmaceutical company and the world's fourth-largest. It is India's largest multinational pharmaceutical company. It first opened its doors in 1983. Mr. Dilip Shanghvi, who is also the MD of Sun Pharmaceuticals, founded the company. With the acquisition of Ranbaxy in 2014, Sun became India's largest pharmaceutical company, the largest Indian pharmaceutical company in the United States, and the world's fifth-largest specialty generics company. Ranbaxy Laboratories, Sun Petrochemical Pvt. Ltd, Sun Ophthalmic Inc, Alkaloida Chemical Company Zrt, and Chattem Chemicals Inc are some of the company's subsidiaries. It sells low-cost medicines in more than 150 countries on six continents.
Stock Price: Rs 4, 033
Market Cap: 1.07LCr
P/E ratio: 57.23
Divi's Laboratories began as Divi's Research Centre in 1990. Initially, the company focused on developing commercial processes for the production of APIs and intermediates. In 1994, Divi's Research Centre renamed itself Divi's Laboratories Limited to signal its intention to enter the API and intermediates manufacturing business. On February 17, 2003, the company went public with an initial public offering (IPO). The company opened a research centre in Hyderabad in 2010.
Divi's was recently named one of the top three API manufacturers in the world, as well as one of the top API companies in Hyderabad. Divi's is an Indian public limited company with a revenue of INR 5500 crores ($780 million) for the fiscal year 2018-19.
Dr. Reddy's Lab
Stock Price: Rs 5,203
Market Cap: Rs 86.10TCr
P/E Ratio: 39.75
Anji Reddy founded the company in 1984. Dr. Reddy's produces and sells a wide range of pharmaceuticals in India and around the world. Over 190 medications, 60 active pharmaceutical ingredients (APIs) for drug manufacturing, diagnostic kits, critical care, and biotechnology products are among the company's offerings. It has a revenue of INR 144.36 billion and is India's fifth-largest pharmaceutical company. Canagliflozin is one of the company's most well-known products. Ramipril, Ibuprofen, Naproxen, Atorvastatin, Nizatidine, Naproxen Sodium, and other drugs are used to treat high blood pressure.
Stock Price: Rs 904
Market Cap: 72.90TCr
P/E Ratio: 32.63
Cipla Limited, headquartered in Mumbai, India, is an Indian multinational pharmaceutical company. Cipla primarily develops medicines for the treatment of respiratory, cardiovascular, arthritis, diabetes, weight loss, and depression, as well as other medical conditions. Khwaja Abdul Hamied established 'The Chemical, Industrial & Pharmaceutical Laboratories' in Mumbai in 1935. On July 20, 1984, the company's name was changed to 'Cipla Limited.' Cipla has a revenue of 3.5 billion dollars and employs over 22,036 people. Invagen Pharmaceuticals is one of Cipla's subsidiaries. They are the world's largest producer of antiretroviral medications.
Stock Price: Rs 617
Market Cap: 63.32TCr
P/E Ratio: 34.27
Cadila Healthcare Limited (Cadila) was established in 1952. It is a pharmaceutical company based in Ahmedabad, India. It is one of India's largest pharmaceutical companies, with a revenue of INR 119.05 billion. Ramabhai Patel founded the company. The Modi family's share of Cadila Pharmaceuticals Ltd. was transferred to a new company called Cadila Pharmaceuticals Ltd. in 1995, and Cadila Healthcare Ltd became the Patel family's holding company. The Drugs Controller General of India (DCGI), Government of India, granted the company permission to conduct human trials of the developmental COVID-19 vaccine named ZyCoV-D in July 2020.
Cadila is one of several Indian pharmaceutical companies that have received Remdesivir licencing agreements from Gilead Sciences.
Stock Price: Rs 1,176.45
Market Cap: 53.67TCr
P/E Ratio: 46.64
Lupin Limited, based in Mumbai, Maharashtra, India, is an Indian multinational pharmaceutical company. It is one of the world's most profitable generic pharmaceutical companies. Paediatrics, cardiovascular, anti-infectives, diabetology, asthma, and anti-tuberculosis are among the company's key focus areas. Desh Bandhu Gupta, a professor of chemistry at BITS-Pilani in Rajasthan, founded Lupin in 1968. Gupta moved to Mumbai in the 1960s to work on his business, for which he had borrowed Rs 5000 from his wife to start. The company's drugs are available in 70 countries, including advanced markets like the United States, Europe, Japan, and Australia, as well as emerging markets like India, the Philippines, and South Africa, to name a few.
Stock Price: Rs 2,727
Market Cap: 46.17TCr
P/E Ratio: 37.17
The Torrent Group's flagship company is Torrent Pharmaceuticals Ltd. Ahmedabad is a city in the Indian state of Gujarat. Torrent Pharmaceuticals Ltd was founded by U. N. Mehta and was originally known as Trinity Laboratories Ltd.
Piramal Enterprises Ltd.
Stock Price: Rs 1,627
Market Cap: 36.64TCr
P/E Ratio: 285.44
Piramal Group was taken over by Ajay Piramal in the early 1980s. Gujarat Glass Limited, a manufacturer of glass packaging for pharmaceuticals, was acquired by the group in 1984, followed by Ceylon Glass in 1999. Piramal Enterprises Limited, formerly Piramal Healthcare Ltd, is the Piramal Group's largest company, with operations in the healthcare, life sciences, information management, and financial services sectors. Piramal Enterprises is a Bombay Stock Exchange and National Stock Exchange-listed company.
Stock Price: Rs 16,100
Market Cap: 34.21TCr
P/E Ratio: 52.70
Abbott Laboratories is a multinational medical device and health-care corporation based in Abbott Park, Illinois, United States. In 1888, Chicago physician Wallace Calvin Abbott founded the company to develop well-known drugs; today, it sells medical devices, diagnostics, branded generic medicines, and nutritional supplements. In 2013, it separated its research-based pharmaceuticals business into AbbVie.
Stock Price: Rs 612
Market Cap: 17.19TCr
P/E Ratio: 18.05
Glenmark Pharmaceuticals Limited was founded in 1977 by Gracias Saldanha as a generic drug and active pharmaceutical ingredient manufacturer and is headquartered in Mumbai, India. In India, the company went public in 1999 and used some of the proceeds to fund the construction of its first research facility.