Company lists · Data refreshed September 2026

Top 25 Drug formulation development companies based in India

RevenueBase identified 1,129 drug formulation development companies headquartered in India as of September 2026 and tracks 119,814 professional contacts across them, including 12,873 with verified work emails. Hyderabad is the largest hub.

This list covers drug formulation development companies headquartered in India, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 19, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 19, 2026 86% judged on-target in blind review
1,129Companies
119,814Contacts tracked
12,873Verified emails
Explore this list → Free signup · no credit card · 500 free credits

The 25 largest drug formulation development companies based in India

Ranked by team size
Top 25 of 1,129 drug formulation development companies based in India, ranked by team size, largest first. Data refreshed Sep 19, 2026. RevenueBase Smart Search rates how each company's information relates to drug formulation development companies: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#CompanyRevenueBase Smart SearchHeadquartersEmployeesContacts
1Indirect evidenceMumbai, IndiaHQ checked Sep 19, 202610001+11,063 contacts →

Indirect evidence

“A consumer-led global pharmaceutical company, creating healthy doses of life since 1949.”

Source: RevenueBase Database · checked Sep 19, 2026
2Partial evidenceBengaluru, IndiaHQ checked Sep 19, 20265,001-10,0008,064 contacts →

Partial evidence

“Syngene International Ltd.(BSE: 539268, NSE: SYNGENE, ISIN: INE398R01022) is an integrated research, development, and manufacturing services company serving the global…”

Source: RevenueBase Database · checked Sep 19, 2026
3Indirect evidenceHyderabad, IndiaHQ checked Sep 19, 202610001+7,225 contacts →

Indirect evidence

“MSN Group is one of the fastest-growing, research-based and fully integrated pharmaceutical companies based out of Hyderabad, India.”

Source: RevenueBase Database · checked Sep 19, 2026
4Indirect evidenceHyderabad, IndiaHQ checked Sep 19, 20261,001-5,0004,277 contacts →

Indirect evidence

“Aragen is a trusted R&D and manufacturing partner to the global life sciences industry.”

Source: RevenueBase Database · checked Sep 19, 2026
5Partial evidenceDelhi, IndiaHQ checked Sep 19, 202610001+3,948 contacts →

Partial evidence

“Akums Drugs & Pharmaceuticals Ltd.”

Source: RevenueBase Database · checked Sep 19, 2026
6Indirect evidenceMumbai, IndiaHQ checked Sep 19, 20261,001-5,0003,901 contacts →

Indirect evidence

“Promoted by the late Mr.”

Source: RevenueBase Database · checked Sep 19, 2026
7Indirect evidenceHyderabad, IndiaHQ checked Sep 19, 20265,001-10,0003,467 contacts →

Indirect evidence

“Laurus labs is an innovation-driven¸ people-centric & client-focused organization offering a broad and integrated portfolio of products & services to the global pharmaceutical…”

Source: RevenueBase Database · checked Sep 19, 2026
8Partial evidenceHyderabad, IndiaHQ checked Sep 19, 202610001+3,381 contacts →

Partial evidence

“Hetero is a research based global pharmaceutical company focused on development, manufacturing and marketing of Active Pharmaceutical Ingredients (APIs), Intermediate Chemicals &…”

Source: RevenueBase Database · checked Sep 19, 2026
9Indirect evidenceBangalore, IndiaHQ checked Sep 19, 20261,001-5,0003,240 contacts →

Indirect evidence

“Strides Pharma Science is a global pharma company headquartered in Bengaluru and a footprint across 100 countries.”

Source: RevenueBase Database · checked Sep 19, 2026
10Indirect evidenceHyderabad, IndiaHQ checked Sep 19, 20265,001-10,0003,058 contacts →

Indirect evidence

“Granules India Ltd.”

Source: RevenueBase Database · checked Sep 19, 2026
11Strong evidenceNoida, IndiaHQ checked Sep 19, 20261,001-5,0001,882 contacts →

Strong evidence

“Jubilant Biosys is an integrated Contract Research, Development and Manufacturing Organization (CRDMO) providing drug discovery, development, and GMP manufacturing services to…”

Source: RevenueBase Database · checked Sep 19, 2026
12Partial evidenceHyderabad, IndiaHQ checked Sep 19, 20261,001-5,0001,834 contacts →

Partial evidence

“Founded in 1984, Neuland Labs is a globally recognised Contract Development and Manufacturing Organization (CDMO), offering comprehensive customised NCE development services.”

Source: RevenueBase Database · checked Sep 19, 2026
13Indirect evidenceHyderabad, IndiaHQ checked Sep 19, 20261,001-5,0001,502 contacts →

Indirect evidence

“Eugia Pharma Specialties Ltd, a fully integrated subsidiary of Aurobindo Pharma, specializes in general injectables and oncology, boasting a comprehensive portfolio that spans…”

Source: RevenueBase Database · checked Sep 19, 2026
14Indirect evidenceHyderabad, IndiaHQ checked Sep 19, 20261,001-5,0001,239 contacts →

Indirect evidence

“Founded in 1984 with headquarters in Hyderabad, India, VIMTA LABS LTD.”

Source: RevenueBase Database · checked Sep 19, 2026
15Partial evidenceBangalore, IndiaHQ checked Sep 19, 2026501-1,0001,092 contacts →

Partial evidence

“Aurigene Pharmaceutical Services is leading contract research, development, and manufacturing organization (CDMO).”

Source: RevenueBase Database · checked Sep 19, 2026
16Indirect evidenceMumbai, IndiaHQ checked Sep 19, 20261,001-5,0001,055 contacts →

Indirect evidence

“Indchemie Health Specialities Pvt.”

Source: RevenueBase Database · checked Sep 19, 2026
17Indirect evidenceKolkata, IndiaHQ checked Sep 19, 20261,001-5,0001,019 contacts →

Indirect evidence

“TCG Lifesciences Pvt.”

Source: RevenueBase Database · checked Sep 19, 2026
18Partial evidenceBangalore, IndiaHQ checked Sep 19, 2026201-500957 contacts →

Partial evidence

“Eurofins Advinus Private Limited is a premier contract research, development and manufacturing organization (CRDMO) serving diverse industries to help advance their R&D programs…”

Source: RevenueBase Database · checked Sep 19, 2026
19Indirect evidenceMumbai, IndiaHQ checked Sep 19, 20261,001-5,000947 contacts →

Indirect evidence

“Company Profile "The essence of our culture is built on meeting global standards in every aspect of our business." These envisioned words of Mr.”

Source: RevenueBase Database · checked Sep 19, 2026
20Indirect evidenceThane, IndiaHQ checked Sep 19, 20261,001-5,000896 contacts →

Indirect evidence

“Rubicon Research Limited is an IP-led, pharmaceutical company focused on developing value added products for the pharmaceutical industry as well as developing a portfolio of…”

Source: RevenueBase Database · checked Sep 19, 2026
21Indirect evidenceHyderabad, IndiaHQ checked Sep 19, 20261,001-5,000894 contacts →

Indirect evidence

“Cohance Lifesciences Limited (formerly Suven Pharmaceuticals Limited) is an integrated, technology-driven global CDMO platform committed to advancing therapeutics for a healthier…”

Source: RevenueBase Database · checked Sep 19, 2026
22Strong evidenceHyderabad, IndiaHQ checked Sep 19, 2026501-1,000886 contacts →

Strong evidence

“Aizant® is an integrated drug development solutions provider.”

Source: RevenueBase Database · checked Sep 19, 2026
23Partial evidenceMumbai, IndiaHQ checked Sep 19, 20261,001-5,000877 contacts →

Partial evidence

“Inventia, established in 1985, is a privately held pharmaceutical development and manufacturing company based in Mumbai, India.”

Source: RevenueBase Database · checked Sep 19, 2026
24Indirect evidenceMumbai, IndiaHQ checked Sep 19, 20261,001-5,000799 contacts →

Indirect evidence

“Encube Ethicals: Advancing Topicals.”

Source: RevenueBase Database · checked Sep 19, 2026
25Indirect evidenceMumbai, IndiaHQ checked Sep 19, 20261,001-5,000786 contacts →

Indirect evidence

“Aarti Pharmalabs Limited – Powering Innovation.”

Source: RevenueBase Database · checked Sep 19, 2026

Showing 25 of 1,129 drug formulation development companies based in India

See the full list, filter by size, metro and specialty, and get verified emails and direct dials for all 12,873 reachable decision-makers.

Free signup · no credit card

View the full list →

Drug formulation development companies based in India at a glance

As of Sep 19, 2026
10.7%Verified-email coverage
106.1Average contacts per company
51-200Median size (employees)
13.0%Largest-city concentration · Hyderabad
Sep 19, 2026Page data refreshed

Companies by employee count

1-10
218
11-50
322
51-200
307
201-500
143
501-1,000
72
1,001-5,000
48
5,001-10,000
8
10001+
7

Email recency for this list is measured worldwide rather than for India, so it is reported there. Company counts and contact totals on this page are exact for India, over 1,129 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among drug formulation development companies, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in India whose own description of what they do matches “drug formulation development companies”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search
RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names drug formulation development companies), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude
Companies whose own description does not clearly place them among drug formulation development companies, and records with no verified work email. Companies headquartered outside India are excluded even when they keep an office there.
Match quality
In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every listed company carries at least one verified work email, 12,873 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 19, 2026. Lists refresh periodically as the graph is re-checked.
Corrections
Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names drug formulation development companies, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many drug formulation development companies are there based in India?

RevenueBase identified 1,129 drug formulation development companies headquartered in India as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

Ipca Laboratories Limited, headquartered in Mumbai, tops this list with the largest team on record.

Which city has the most drug formulation development companies?

Hyderabad leads with 147 headquartered companies, followed by Mumbai (118) and Ahmedabad (105).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 12,873 verified decision-maker contacts tracked across these 1,129 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 19, 2026.

Ready to reach these companies? Verified emails and direct dials for all 1,129 drug formulation development companies based in India. Start with a free account, no credit card.

Download this list →

Related lists

About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.