Smilax Laboratories

Hyderabad, India Founded: 2005 • Age: 21 yrs
APIs, intermediates, and pellets are manufactured by Smilax Laboratories.
Annual revenue $32.2M Latest available
Total funding $14.0M 3 rounds
Employees 521 Tracked headcount
Investors 11 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Smilax Laboratories

Smilax Laboratories is a company based in Hyderabad (India) founded in 2005 by Suryadevara Krishna. Smilax Laboratories has raised $14.04 million across 3 funding rounds from investors including Mumbai Waste Management, TNWML and Ramky Finance And Investment. The company has 521 employees as of April 10, 2024. Smilax Laboratories offers products and services including APIs, API Intermediates, Pellets and DC Granules, and CDMO and CMO Services. Smilax Laboratories operates in a competitive market with competitors including Laurus Labs, Symbiotec, Sterling Pharma Solutions, Provepharm Life Solutions and Jubilant Pharma, among others.

  • Headquarter Hyderabad, India
  • Employees 521 as on 10 Apr, 2024
  • Founders Suryadevara Krishna
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
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  • Legal Name Smilax Laboratories Limited
  • Date of Incorporation 20 Oct, 2004
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $32.15 M (USD)
    33.66
    as on Mar 31, 2023
  • Net Profit
    $452.84 K (USD)
    129.33
    as on Mar 31, 2023
  • EBITDA
    $1.31 M (USD)
    216.49
    as on Mar 31, 2023
  • Total Equity Funding
    $14.04 M (USD)

    in 3 rounds

  • Latest Funding Round
    $7.61 M (USD), Series A

    Nov 10, 2017

  • Investors
  • Employee Count
    521

    as on Apr 10, 2024

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Products & Services of Smilax Laboratories

Smilax Laboratories offers a comprehensive portfolio of products and services, including APIs, API Intermediates, Pellets and DC Granules, and CDMO and CMO Services.

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Manufactures active ingredients for global generic drugs market

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Provides intermediates for pharmaceutical API production worldwide

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Offers pellets and granules for drug delivery in generics

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Delivers custom manufacturing for pharmaceutical companies globally

Funding Insights of Smilax Laboratories

Smilax Laboratories has successfully raised a total of $14.04M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7.61 million completed in November 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Smilax Laboratories

Smilax Laboratories has secured backing from 11 investors, including institutional and angel investors. Prominent investors backing the company include Mumbai Waste Management, TNWML and Ramky Finance And Investment.

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Institutional
Angel
Investor Description Founded Year Domain Location
Specialized in hazardous waste disposal, bio-medical management, and industrial services.
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Offers hazardous waste treatment, disposal, and environmental consulting to industries.
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Investments & Acquisitions by Smilax Laboratories

Investments
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Investment portfolio details for Smilax Laboratories

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Financial Statements - Smilax Laboratories

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Detailed financials for Smilax Laboratories

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Smilax Laboratories Comparisons

Smilax Laboratories Primary company
Description
APIs, intermediates, and pellets are manufactured by Smilax ...
Location
Hyderabad, India
Founded Year
2005
Annual Revenue
$32.15 M (USD)
Net Profit
$452.84 K (USD)
EBITDA
$1.31 M (USD)
Employees
521
As of 2024
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Peer comparison for Smilax Laboratories

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Competitors of Smilax Laboratories

Smilax Laboratories operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Laurus Labs, Symbiotec, Sterling Pharma Solutions, Provepharm Life Solutions and Jubilant Pharma, among others.

Company Name Domain Founded year HQ Location Description
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Pharmaceutical and biotechnology company
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Non-sterile steroid hormone-based APIs and intermediates are manufactured.
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Contract development, manufacturing, and analytical services for APIs are offered.
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APIs and drug products are developed and valorized in pharmaceuticals.
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Pharmaceuticals, APIs, and radiopharmaceuticals are manufactured by the company.
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APIs are developed and manufactured for therapeutic areas.
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Detailed competitors of Smilax Laboratories

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Latest news on Smilax Laboratories

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Frequently Asked Questions about Smilax Laboratories

Smilax Laboratories was founded in 2005 and raised its 1st funding round 2 years after it was founded.

Smilax Laboratories is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Smilax Laboratories is a funded company, having raised a total of $14.04M across 3 funding rounds to date.

As of Apr 10, 2024, the latest employee count at Smilax Laboratories is 521.

Annual revenue of Smilax Laboratories is $32.15M as on Mar 31, 2023.

Smilax Laboratories was established in 2005 in Hyderabad, India, within the pharmaceutical sector. Active pharmaceutical ingredients (APIs), chemical intermediates, and pellets are produced as core operations. The company is led by Suryadevara Krishna, serving as Founder and Managing Director, alongside Muralikrishna Suryadevara as Managing Director. Focus is placed on manufacturing processes tailored for pharmaceutical applications, with activities centered in India.

Smilax Laboratories's top competitors include Laurus Labs, Symbiotec and Sterling Pharma Solutions.

Smilax Laboratories offers APIs, API Intermediates, Pellets and DC Granules, and CDMO and CMO Services.

Smilax Laboratories has 11 investors. Key investors include Mumbai Waste Management, TNWML, Ramky Finance And Investment, ADR Constructions, and Y R Nagaraja.

The valuation of Smilax Laboratories is $44.2M as of Nov 2017.

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