VASUDHA PHARMA CHEM LIMITED was incorporated, as a public limited company under the Companies Act, 1956 in 1994-95 at Hyderabad in the state of Telangana, India. The company is engaged in the manufacturing of Active Pharmaceutical Ingredients (APIs), Pharma Intermediates for catering to the Global market. Initially, the focus was on the development of cost effective processes for several intermediates related to piperidone & piperidine derivatives. By 2003-04, the company gained world class expertise and became the largest manufacturer of piperidone & piperidine derivatives in the world. Subsequently, the company forward integrated from intermediates of piperidone & piperidine derivatives to APIs and later on diversified into large product portfolio of about 40+ APIs spreading across several therapeutic areas. Having recognized the vital role of R&D for launching new products and new processes, a separate dedicated R&D facility with 113 scientists has been set up in the year 2017. With the strength of its portfolio, the gross sales of the company has grown from INR 0.0164 billion (US$ 0.25 million) in FY 1997-98 to INR 7.97 billion (US$ 111 million) in FY 2018-19. The composition of export sales to gross sales is mostly around 40% due to the importance given to the product quality, timely delivery and competitive pricing.
The company had filed DMFs (Drug Master Files) for its various APIs with American, European, Japanese, Chinese, Korean and Canadian regulatory authorities. The company continues to enjoy the reputation of its manufactured products (Pharma Intermediates, APIs and API Pellets) being the prime source of starting materials for various MNCs all over the world.
India Ratings & Research Private Limited's (A Fitch Group Company) latest rating of Vasudha Pharma Chem Limited :