What Kerala State Drugs and Pharmaceuticals does

Kerala State Drugs and Pharmaceuticals Ltd (KSDP) is a Public Sector Undertaking fully owned by the Government of Kerala, established in 1974 and headquartered in Alappuzha, Kerala, India. The company is the only allopathic Pharmaceutical Formulation manufacturing organization under the Government of Kerala, manufacturing and supplying essential and life-saving medicines to Government Hospitals across the state. Its product portfolio spans four core formulation categories: Capsules (antibiotics and proton-pump inhibitors such as Amoxycillin, Ampicillin, Cloxacillin, Doxycycline, and Omeprazole), Tablets (cardiovascular, analgesic, antibiotic, anti-diabetic, and other therapeutic categories including Metformin, Atenolol, Amlodipine, Ciprofloxacin, Paracetamol, and Ibuprofen), Liquids and Dry Powders (syrups, suspensions, and reconstitutable formulations), and Powder products (WHO-formula ORS packets and Purified Talc).

KSDP operates multiple manufacturing facilities including a Betalactam Plant (WHO-GMP certified in 2018), a Non Betalactam Plant (inaugurated 2019), a Dry Powder Injection Plant (inaugurated 2017), and ongoing projects for Oncology Medicines (administratively sanctioned 2020), LVP/SVP/Ophthalmic products (initiated 2021), Hospital Consumables, and a Medical Equipment Manufacturing Division. Quality assurance is anchored by a NABL-accredited laboratory (certified 2017) performing sterility, assay, dissolution, disintegration, microbial evaluation, and mineral assay testing for raw materials and finished goods.

The company operates a pure B2G sales model, generating revenue through the sale of pharmaceutical formulations to Kerala state government hospitals via direct procurement and KMSCL (Kerala Medical Services Corporation Ltd) tender processes. Pricing is regulated and aligned with government healthcare schemes rather than market-based. As a state-owned enterprise, KSDP has no external venture capital or private equity investment, with ownership and governance resting with the Government of Kerala through its Industries Department. Reported turnover crossed 100 Crores INR in 2020, and R&D collaboration has been established with CSIR-NIIST for formulation development and with Sree Chitra Tirunal Institute and NIT-Calicut for medical equipment manufacturing.

Name

Kerala State Drugs and Pharmaceuticals

Legal name

Kerala State Drugs and Pharmaceuticals Ltd

Website

https://ksdp.co.in

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

101–250 employees

Short description

Kerala State Drugs and Pharmaceuticals Ltd is a Government of Kerala Public Sector Undertaking, established 1974, that manufactures and supplies essential and life-saving allopathic pharmaceutical formulations to Government Hospitals across Kerala State through WHO-GMP certified facilities and KMSCL procurement.

Ownership category

akta.pro rank

Product category

Pharmaceutical Manufacturing

NAICS

Pharmaceutical Preparation Manufacturing (325412), Pharmaceutical and Medicine Manufacturing (3254)

SIC

Pharmaceutical Preparations (2834)

akta.pro primary industry

Government & Public-Sector Pharmaceutical Supply (Tender/Prime Vendor) (HLAIAJAF)

akta.pro secondary industry

Release Testing & Batch Certification (QC) (HLAGADAC)

Keywords

• Pharmaceutical manufacturing
• Allopathic formulations
• Generic medicines supply
• Government healthcare supply
• Pharmaceutical contract manufacturing

Headquarters

HQ city

Alappuzha

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D

Revenue model

1. Pharmaceutical Product Sales: KSDP manufactures and supplies essential and life-saving medicines to Government Hospitals in the State of Kerala. As a government-owned pharmaceutical company, revenue is generated through the sale of pharmaceutical formulations to state healthcare facilities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

KSDP manufactures and supplies essential and life-saving allopathic pharmaceutical formulations including Tablets, Capsules, Liquids & Dry Powder, and Powder products to Government Hospitals in Kerala State. The company operates WHO-GMP certified Betalactam, Non Betalactam, and Dry Powder Injection plants, supported by an NABL accredited in-house laboratory for sterility, assay, dissolution, disintegration, and microbial evaluation testing of raw materials and finished goods.

Product overview

Kerala State Drugs & Pharmaceuticals Ltd is a government-owned pharmaceutical manufacturer producing essential and life-saving medicines for Government Hospitals in Kerala. The product portfolio consists of four main formulation categories: Capsules (antibiotics and proton-pump inhibitors), Tablets (cardiovascular, analgesic, antibiotic, and other therapeutic categories), Liquids & Dry Powders (syrups, suspensions, and reconstitutable formulations), and Powder products (ORS and pharmaceutical powders). The company operates WHO-GMP certified manufacturing facilities including Betalactam, Non-Betalactam, and Dry Powder Injection plants, with ongoing expansion into Oncology and LVP/SVP/Ophthalmic products.

Differentiator

Problem solved

Functional benefit

Products and services

• Capsules Hard gelatin capsule formulations including Amoxycillin (250mg, 500mg), Ampicillin (250mg), Cloxacillin (250mg), Doxycycline (100mg), and Omeprazole (20mg) for oral drug delivery, manufactured for government hospital supply.
• Tablets Tablet formulations including Acetylsalicylic Acid, Alprazolam, Amlodipine, Amoxycillin, Atenolol, Azithromycin, Cetrizine, Ciprofloxacin, Co-Trimoxazole, Chlorpheneramine Maleate, Diethyl Carbamazine Citrate, Diazepam, Diclofenac Sodium, Dicyclomine HCL, Erythromycin Stearate, Folic Acid, Frusemide, Glibenclamide, Ibuprofen, Metformin, Metoclopramide, Metronidazole, Nifedepine, Norfloxacin, Ofloxacin, Paracetamol, Phenobarbitone, Salbutamol, Albendazole, and Mefenamic Acid in various dosages, manufactured for government hospital supply.
• Liquids & Dry Powder Liquid formulations and dry powder for reconstitution including Amoxycillin Dry Syrup, Benzyl Benzoate Application, Cephalexin Oral Suspension, Chlorhexidine/Cetrimide Solution, Glycerin, Mixture Carminative, and Turpentine Liniment, manufactured for government hospital supply.
• Powder Powder products including ORS Packets (WHO Formula, 20.5gm) and Purified Talc (500mg), manufactured for government hospital supply.

Quantifiable outcome

• 100+ Crores turnover achieved in 2020
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• SCT (Sree Chitra Tirunal Institute of Medical Sciences and Technology) and NIT-CalicutcoreStrategic or Co-development Partner · 1 January 2020MoU signed for Medical Equipment's Manufacturing Division. Partnership aimed at developing and manufacturing medical equipment through collaborative research and development efforts between KSDP and premier technical institutions in Kerala.
• CSIR-NIIST (Council of Scientific and Industrial Research - National Institute for Interdisciplinary Science and Technology)coreStrategic or Co-development Partner · 1 January 2020MoU signed for development of formulations. Strategic collaboration for pharmaceutical formulation development leveraging CSIR-NIIST's research capabilities and KSDP's manufacturing infrastructure.

Scale indicators1 record

Recent moves11 records

Expansion highlights6 records

Direct peers

• Hindustan Antibiotics Ltd (HAL): Central government PSU under Department of Pharmaceuticals, manufacturing antibiotics and pharma formulations including injectables. Comparable as a government-owned pharma manufacturer focused on essential medicines with similar product mix to KSDP.
• Indian Immunologicals Ltd (IIL): Central PSU under National Dairy Development Board, manufacturing vaccines and biologicals. Comparable to KSDP as a government-aligned pharma manufacturer, though focused on biologicals rather than small-molecule generics.
• Haffkine Bio-Pharmaceutical Corporation Ltd: Maharashtra state PSU manufacturing vaccines, pharma formulations, and biological products. Highly comparable to KSDP as a state government-owned pharma manufacturer supplying public healthcare system in a single state.
• Karnataka Antibiotics and Pharmaceuticals Ltd (KAPL): Joint-sector company (Karnataka government and Union government) manufacturing antibiotics and pharmaceutical formulations for government healthcare programs. Most direct peer to KSDP as a state-level PSU pharma manufacturer supplying public hospitals.
• Bengal Chemicals and Pharmaceuticals Ltd (BCPL): Central government PSU manufacturing pharmaceuticals, chemicals, and cosmetics. Comparable to KSDP as another public-sector pharma manufacturer with government ownership and broad generic essential medicines portfolio.
• Rajasthan Drugs and Pharmaceuticals Ltd (RDPL): Rajasthan state PSU manufacturing pharmaceutical formulations and injectables for government healthcare. Closely comparable to KSDP as a regional state-owned pharma manufacturer with similar product portfolio and government-supply business model.
• Indian Drugs and Pharmaceuticals Ltd (IDPL): Central PSU manufacturing pharmaceutical formulations including formulations, injectables, and ORS. Comparable to KSDP as a public-sector pharma manufacturer with similar product categories and government-supply focus.

Broad incumbents

• HLL Lifecare Ltd: Central government PSU under Ministry of Health, manufacturing contraceptives, pharmaceuticals, and hospital products. Comparable to KSDP as a public-sector pharma manufacturer, but with broader portfolio, larger scale, and pan-India operations including AMRIT pharmacy network.
• Cipla Ltd: Large private Indian pharmaceutical manufacturer producing essential generic medicines including antibiotics, respiratory, and cardiovascular drugs. Comparable to KSDP in product categories (especially antibiotics and tablets) but operates at vastly larger scale with pan-India and global presence.
• Mankind Pharma Ltd: Indian pharma major with strong focus on affordable essential medicines (anti-infectives, cardiovascular, gastrointestinal). Comparable to KSDP in product categories serving mass-market healthcare needs, but operates at much larger scale across private and government channels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/KSDPLIMITED

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kerala State Drugs and Pharmaceuticals