- Business
- SMS Lifesciences India Limited, formerly known as SMS Lifesciences India Limited and renamed Haleos Labs Limited in August 2025, manufactures active pharmaceutical ingredients, intermediates and provides contract development and manufacturing organization services; its portfolio spans therapeutic segments including anti-ulcer, anti-erectile dysfunction and others such as Famotidine API with 15 tons per month capacity, vertically integrated production and certifications from USFDA, WHO-GMP, COFEPRIS, KFDA and PMDA; the company operates three multi-product facilities and a research center, exports to international markets and serves domestic customers including Cadila Pharmaceuticals and Mylan Laboratories. Founded in 1990 and headquartered in Hyderabad, Telangana, the public-listed firm conducts operations through facilities in Khazipally and Sanath Nagar in Hyderabad with Unit IV expansion for synthetic organic chemicals; it maintains a subsidiary Mahi Drugs Private Limited in Visakhapatnam. Recent developments include robust financial performance with Q2 FY25 profit after tax surging 587% year-over-year to Rs 4.67 crore, sales growth of 26% and declaration of Rs 1.50 per share dividend for FY24 alongside approval for material related party transactions exceeding 10% of consolidated turnover; the company reduced its debt-equity ratio to 0.49 times and pursues ongoing related party engagements with affiliates.