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RPG Life Sciences to acquire Raghava Life Sciences

ICICIdirect Research 03 Sep 2026 DISCLAIMER

News: RPG Life Sciences to acquire Raghava Life Sciences’ API and intermediates business for up to ₹135 crore. The deal adds ~300 KL capacity at an EU-GMP/WHO-GMP approved Hyderabad facility, along with 22 commercialised APIs and 7 pipeline products, along with access to marquee customer relationships. The plant has a revenue potential of ~₹200 crore at full utilisation.

View: Following its Actis Generics acquisition, the transaction further strengthens RPG’s manufacturing footprint and product portfolio, with synergies expected from backward integration, higher capacity utilisation, cost optimisation, and wider market access. That said, we will get greater clarity from the management during the upcoming conference call on strategic front.

Impact: Positive

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