- Business
- Divi's Laboratories Limited (DIVISLAB.NS) manufactures active pharmaceutical ingredients (APIs), intermediates and nutraceutical ingredients; provides custom synthesis services for generic APIs and advanced intermediates to global pharmaceutical companies; and supplies carotenoids such as beta-carotene, astaxanthin, lycopene and canthaxanthin, along with vitamins and lutein to the nutritional, pharmaceutical, food, beverage and feed industries. The company offers a portfolio of approximately 30 commercial generic APIs across therapeutic categories including antidepressants (e.g., bupropion HCl, venlafaxine HCl), antineoplastics (e.g., capecitabine), antiparkinson agents (e.g., carbidopa, levodopa), antihypertensives (e.g., diltiazem HCl, irbesartan), analgesics (e.g., dextromethorphan, naproxen), anticonvulsants (e.g., gabapentin, lacosamide), antivirals (e.g., valacyclovir HCl) and contrast media (e.g., iopamidol, iohexol). Founded in 1990 and headquartered in Hyderabad, India, Divi's operates three manufacturing units with over 16,500 cubic meters of annual capacity, three R&D centers staffed by more than 700 scientists, and quality teams exceeding 2,000 analysts; it exports to over 100 countries across North America, Europe, Asia and other regions. In recent developments, Divi's entered a long-term manufacturing and supply agreement in May 2025 with an international pharmaceutical company for advanced intermediates, prompting plans to invest INR 650-750 crore in capacity expansion funded by customer advances, with operations targeted by January 2027; the deal anticipates meaningful long-term revenue contributions without external financing or structural changes. The company maintains a subsidiary, Divi's Nutraceuticals, and reported consolidated net profit growth to INR 662 crore in the March 2025 quarter alongside revenue of INR 2,585 crore.