Fastest Growing Companies 2015

Fastest Growing Companies 2015 - list 4

A quick look at the companies who made it to the 4th edition of Fastest Growing Companies - Rank 22 to 17

Published 5 years ago on Jan 26, 2016 5 minutes Read

21 Ajanta Pharma






Ajanta focuses mainly on cardiac, dermatological and ophthalmic therapies. Domestic branded formulations constituted 33% of consolidated turnover in FY15. The company’s forte has been its focus on new drug-delivery systems. New product launches and first-of-its-kind generics have helped Ajanta post a CAGR of 29% over the past five years against industry growth of just half as much. Despite registering its highest-ever gross margin in Q2FY16, the management pared growth rates for FY16 from 25% to 18-20% following a slowdown in its key derma brand Melacare. Given its unique product portfolio in the domestic market, most analysts expect Ajanta Pharma to continue to outperform.

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