Senores Pharma Leads With Strong Double-Digit Growth
Senores Pharma continues to stand out among emerging pharma names, recording 18% QoQ growth in Q2 FY26. Over the last four quarters, the company has repeatedly delivered double-digit expansion.
Key growth drivers include:
- A rapidly expanding generic product portfolio
- Strong US market traction
- Efficient supply chain execution
- Improved capacity utilisation
This consistent growth trajectory positions Senores Pharma as one of the most stable outperformers in the mid-cap pharma space.
Zota Health Care Delivers Robust 24% QoQ Jump.
Zota Health Care reported a remarkable 24% QoQ increase in the latest quarter, with earlier quarters also showing sustained single- to double-digit growth.
The company’s performance has been driven by:
- Strong branded generics portfolio
- Improved domestic market penetration
- Higher contribution from chronic therapies
With a 35% spike in Q4 FY25, Zota remains one of the fastest-growing names in this category.
Granules India Maintains Consistent Momentum
Granules India continues to deliver steady performance with mid-to-high single-digit QoQ growth.
Growth factors include:
- Stable US formulations business
- Increased paracetamol and metformin demand
- Better operational efficiencies across manufacturing units
Its 19% growth in Q3 FY25 underscores the company’s ability to scale despite volatility in raw materials.
Other Consistent Performers
Several other pharma names have also shown sustained QoQ growth:
Caplin Point
- Delivered stable 2–5% QoQ growth
- A strong Latin American presence supports steady revenue visibility.
Dr Reddy’s Laboratories
- Posted modest 1–6% QoQ growth
- Supported by launches in the US and India
Windlas Biotech
- Delivered 4–6% steady QoQ expansion
- Continued traction in contract manufacturing
These companies have benefited from diversified portfolios, higher capacity utilisation, and stronger export performance.
Sector Outlook: Consistency Drives Confidence
Consistent QoQ sales growth across this set of companies highlights:
- Resilient domestic demand
- Improving product mix
- Strong export recovery
- Better operating leverage
With regulatory environments stabilising and global demand for generics rising, these companies are well positioned to sustain momentum in FY26.

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