- Business
- Krebs Biochemicals & Industries Limited, established in 1991 and headquartered in Visakhapatnam, India, manufactures active pharmaceutical ingredients using biotech processes encompassing chemical synthesis, fermentation, and enzymatic technologies for applications in medicine, agriculture, and industry. The company produces steroid intermediates such as androstenedione; anti-cholesterol agents including lovastatin and simvastatin; and additional APIs like amlodipine and telmisartan for anti-hypertension, cetirizine for anti-histamine, orlistat for anti-obesity, serratiopeptidase for anti-inflammatory uses, and phenylephrine for cold and cough remedies; it also provides contract manufacturing services to large pharmaceutical and multinational companies from facilities in Nellore and Visakhapatnam, Andhra Pradesh. Operations target global markets with a focus on GMP-compliant production. Promoter Ipca Laboratories Limited maintains a 49.65% stake within a stable 72.74% promoter holding as of 2025, amid ongoing financial challenges including negative equity of INR -146.24 crores, accumulated losses of INR 167.80 crores, and negative operating cash flow reported in Q2 FY26, reflecting deepening losses and liquidity constraints without recent funding rounds, acquisitions, partnerships, or major strategic shifts disclosed.