DIVI's Lab:

When we say Pharma companies, many of us could recall names like SUN Pharma, Lupin, Dr.Reddys etc. But there is yet another company called DIVI's lab which many may count it as a pharma company, but not able identify its pharma products in the market. But the share holders of DIVI's lab would proudly recollect the quantum of wealth it has created.

Here are few facts about DIVI:

• It is a large cap company with market cap of Rs.30,000+ Crores.
• Manufactures generic active pharma ingredients, custom synthesis of active ingedients for innovator companies and other specialty chemicals and nutraceuticals
• Firmly focussed on exports : 87% revenue from exports in FY 2014 and 91% in FY 2014.
• Has 39 drug master files with FDA (US) and 197 European drug master files and 19 certificates of Suitability with various EU authorities.
• 11 patents have been files for generic products.
• Cash rich : Current investments of Rs.733 Cr + cash balance of 65 Cr.
• Issued 1:1 bonus in Aug 2015.