India's Leading Healthcare & Pharma Companies 2023

India’s Leading Healthcare & Pharma Companies 2023 | 61 [ METHODOLOGY ] • The company must be engaged in commercial activities for profit and not for charity • Only non-sick companies which have not gone under industrial or financial reconstruction in last 3 years can apply • Dun & Bradstreet has shortlisted Health-techs based on several quantitative and qualitative parameters such as Funding Status, Stage of Funding, Number of Rounds of Funding, Funding Amount, Latest Valuation, and other relevant information. • Adequate measures were taken to reach out to healthcare & pharma companies using Dun & Bradstreet’s in-house database. In addition, emails and social media were also used for ensuring maximum participation in the publication. Source of Information In general, all information used in the publication is from sources available in the public domain including internal as well as external databases such as Tracxn and MCA. Financials and other details of the companies have been sourced from annual reports or financial statements or various publications provided by regulatory authorities (Indian Pharmaceutical Association, Central Drugs Standard Control Organisation etc.). Audited financial statements for the period between April 1, 2021, and March 31, 2022, have been used as the source of information for this publication. For companies where the published financial statement is for a period other than 12 months, the financials have been annualized for the sole purpose of shortlisting and profiling. In case of certain subsidiaries, financials have been procured from annual reports of their respective parent companies. To ensure that all the information contained in this publication is verified and authenticated, companies that have not responded with financials statements, and/or their information is not available in public domain at the time of compiling this publication have been excluded. The various financial computations are based on Dun & Bradstreet’s methodology. A standardized format has been used for reporting information for profiled companies. Each company featured in the publication has been allotted a unique identification number (D-U-N-S ® - Data Universal Numbering System). The editorial team is confident that ‘India’s Leading Healthcare & Pharma Companies 2023’ will serve as a useful reference tool for information on this sector. Dun & Bradstreet