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Sun Pharmaceutical Industries SUNPHARMA

India's largest drugmaker: No. 1 in the Indian branded market, a growing global innovative-medicines (specialty) business and US generics via Sun and Taro

Mapped in 2 themes: Nifty 50 and Pharmaceuticals.

From publicly available information

Where Sun Pharmaceutical Industries sits in the supply chain

Sun Pharmaceutical Industries appears in 3 supply-chain layers in one theme, Pharmaceuticals.

Index membership

Sun Pharmaceutical Industries is in the Nifty 50 (NSE industry: Healthcare).

Revenue and profit

₹ CrFY24FY25FY26
Revenue48,49752,57858,462
Net profit9,61010,96511,509

Latest-year revenue ₹58,462 Cr (FY26, company-wide). Wider screens show FY22 onwards.

Strengths

  • Global innovative medicines (Ilumya, Cequa, Winlevi, Leqselvi, Unloxcyt) were ~22% of sales in Q1 FY27 and growing double digits - the largest specialty franchise of any Indian company
  • No. 1 by share in the Indian pharmaceutical market with a chronic-heavy portfolio
  • Agreed (Apr 2026) to buy Organon for US$11.75bn EV - adds women's health, biosimilars and ~140-country reach; combined revenue ~US$12.4bn per company

Risks

  • Organon deal (expected to close early 2027) takes net debt/EBITDA to ~2.3x and brings integration risk
  • US generics fell ~10% YoY in Q1 FY27 on price erosion; Halol remains OAI (Jun 2025) and under import alert
  • Specialty launch spending (Leqselvi, Unloxcyt) is now a structural cost

Common questions

What does Sun Pharmaceutical Industries do?

India's largest drugmaker: No. 1 in the Indian branded market, a growing global innovative-medicines (specialty) business and US generics via Sun and Taro.

Where does Sun Pharmaceutical Industries sit in the supply chain?

Sun Pharmaceutical Industries (NSE: SUNPHARMA) is mapped in 3 supply-chain layers: India branded formulations (Pharmaceuticals), Specialty & innovation (R&D) (Pharmaceuticals) and Generics (US & export) (Pharmaceuticals).

Who are Sun Pharmaceutical Industries' peers?

In the India branded formulations layer of Pharmaceuticals: Mankind Pharma, Torrent Pharmaceuticals, Alkem Laboratories, Abbott India, Eris Lifesciences, Cipla and 4 more.

What is Sun Pharmaceutical Industries' market cap and valuation?

As of 30 Oct 2026: market cap ₹4.26L Cr, P/E 34.6x, ROCE 20.5%, ROE 16.0%, dividend yield 0.90%.