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Akums Drugs & Pharmaceuticals Limited
4.4
based on 2k Reviews
Company Overview
Associated Companies
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Working at Akums Drugs & Pharmaceuticals Limited
Company Summary
Akums as a CDMO plays a pivotal role in India's pharmaceutical manufacturing sector, making significant contributions to the nation's healthcare sector.
Overall Rating
4.4/5
based on 2k reviews
13% above
industry average
Highly rated for
Job security, Skill development, Company culture
Work Policy
Work from office
95% employees reported
Monday to Saturday
80% employees reported
Flexible timing
52% employees reported
No travel
49% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
102 employees reported
Health insurance
77 employees reported
Cafeteria
26 employees reported
Office cab/shuttle
19 employees reported
View all benefits
About Akums Drugs & Pharmaceuticals Limited
Akums Drugs & Pharmaceuticals Limited serves as a pharmaceutical product manufacturer, providing an extensive array of offerings such as oral solids, oral liquids, injectables, cosmetics, ayurvedic, and nutraceuticals. Established in 2004, Akums operates as a pharmaceutical Contract Development and Manufacturing Organization (CDMO), delivering a comprehensive suite of pharmaceutical products and services both within India and internationally. As of September 30, 2023, the company's prominent clients include Alembic Pharmaceuticals, Alkem Laboratories, Cipla, Dabur India, Dr. Reddy's Laboratories, Sun Pharmaceutical Industries, and others.
Mission: - To become a pharmaceutical company globally renowned for delivering exceptional quality products to customers worldwide.
- To commit ourselves to humanity's pursuit of longer, healthier, and happier lives through innovative advancements in medicines.
- To uphold the highest ethical standards and fair business practices, maintaining integrity at all levels of our operations.
Vision: -To sustain our burgeoning standing as one of the leading pharmaceutical manufacturers in India.
- To ensure the availability of quality and affordable medicines in every corner of India.
- To uphold our position as a consistent participant and substantial contributor to the Indian and global pharmacy arena.
- To expand our footprint by establishing manufacturing plants abroad, particularly in developing countries.
Akums Drugs & Pharmaceuticals Limited Ratings
based on 2k reviews
Overall Rating
4.4/5
How AmbitionBox ratings work?
5
1.2k
4
398
3
173
2
63
1
125
Category Ratings
4.4
Job security
4.4
Skill development
4.3
Company culture
4.3
Salary
4.3
Work-life balance
4.3
Work satisfaction
4.2
Promotions
Akums Drugs & Pharmaceuticals Limited is rated 4.4 out of 5 stars on AmbitionBox, based on 2k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Akums Drugs & Pharmaceuticals Limited
based on 1.9k reviews
4.5
Rated by 319 Women
Rated 4.5 for Job security and 4.5 for Skill development
4.4
Rated by 1.6k Men
Rated 4.4 for Job security and 4.3 for Work-life balance
Work Policy at Akums Drugs & Pharmaceuticals Limited
based on 358 reviews in last 6 months
Work from office
95%
Permanent work from home
3%
Hybrid
2%
Akums Drugs & Pharmaceuticals Limited Reviews
Top mentions in Akums Drugs & Pharmaceuticals Limited Reviews
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Compare Akums Drugs & Pharmaceuticals Limited with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.4/5 based on 2k reviews | 4.0/5 based on 5.6k reviews | 4.1/5 based on 6.7k reviews | 5.0/5 based on 1 reviews |
Highly Rated for | Skill development Job security Work-life balance | Salary Job security Skill development | Skill development Salary Work-life balance | Skill development Work-life balance Salary |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 95% employees reported | Work from office 83% employees reported | Work from office 72% employees reported | - |
Rating by Women Employees | 4.5 Good rated by 319 women | 4.0 Good rated by 419 women | 4.1 Good rated by 654 women | - no rating available |
Rating by Men Employees | 4.4 Good rated by 1.6k men | 4.0 Good rated by 4.9k men | 4.1 Good rated by 5.7k men | - no rating available |
Job security | 4.4 Good | 3.9 Good | 3.7 Good | 4.0 Good |
View more
Akums Drugs & Pharmaceuticals Limited Salaries
Akums Drugs & Pharmaceuticals Limited salaries have received with an average score of 4.3 out of 5 by 2k employees.
Officer
(601 salaries)
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₹1.2 L/yr - ₹5.2 L/yr
Executive Assistant
(394 salaries)
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₹2.5 L/yr - ₹6 L/yr
Production Officer
(135 salaries)
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₹1.8 L/yr - ₹3.8 L/yr
Assistant Research Associate
(89 salaries)
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₹2 L/yr - ₹4 L/yr
Quality Control Officer
(87 salaries)
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₹2 L/yr - ₹3.7 L/yr
QA Officer
(85 salaries)
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₹1.8 L/yr - ₹4 L/yr
QC Officer
(70 salaries)
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₹2 L/yr - ₹3.7 L/yr
Quality Assurance Officer
(69 salaries)
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₹1.8 L/yr - ₹3.6 L/yr
Research Associate
(66 salaries)
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₹2.4 L/yr - ₹6.4 L/yr
Deputy Manager
(56 salaries)
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₹8 L/yr - ₹15.6 L/yr
Akums Drugs & Pharmaceuticals Limited Interview Questions
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Akums Drugs & Pharmaceuticals Limited News
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Raymond, Azad Engineering To Mahanagar Gas — These Companies Will Trade T+0 From Jan. 31
- Raymond Ltd., Azad Engineering Ltd., and Mahanagar Gas Ltd. are among the 100 companies eligible for T+0 settlement from Jan. 31.
- The T+0 settlement cycle, allowing shares to be credited on the same day of trade, will be implemented in a phased manner.
- Allied Blenders and Distillers Ltd., Aether Industries Ltd., Akums Drugs and Pharmaceuticals Ltd., Ceat Ltd., Edelweiss Financial Services Ltd. and Glenmark Life Sciences Ltd. are also part of the first phase of T+0 settlement.
- The T+0 settlement cycle aims to bring cost and time efficiency, transparency in charges, and strengthen risk management at clearing corporations.
Bloomberg Quint | 22 Jan, 2025
Akums Drugs Share Price Falls Following Income Tax Search
- Akums Drugs & Pharmaceuticals Ltd. saw a 6% fall in share price after the Income Tax Department conducted a search at their offices and manufacturing units.
- Akums Drugs stated that it is cooperating with the IT department during the search and assured that business operations will continue as usual.
- In December, Akums Drugs signed an agreement with a global pharma company to manufacture and supply pharmaceutical formulations in the European market.
- The share price of Akums Drugs fell to Rs 585.20 apiece, the lowest since December, and is now trading 4.82% lower at Rs 595.50 apiece.
Bloomberg Quint | 22 Jan, 2025
Top Funding Wrap of the Week – 23 Dec – 27 Dec 2024
- Akums Group signs a €200 million deal to produce and supply pharmaceutical products for the European market.
- Zaggle Prepaid Ocean Services raises ₹595 crore through a qualified institutional placement.
- Metropolitan Stock Exchange plans to raise ₹238 crore from investors including Billionbrains Garage Ventures, Groww's parent company, Zerodha's Rainmatter Investments, Securocorp Securities India, and Share India Securities.
- EPACK Prefab raises $20 million in its first funding round from GEF Capital Partners.
VIE Stories | 28 Dec, 2024
Akums Group Secures €200 Million Deal to Expand in Europe
- Akums Group, India's largest contract manufacturing company, has secured a €200 million deal to expand in Europe.
- The deal involves producing and supplying pharmaceutical products for the European market.
- Akums will receive an upfront payment of €100 million to help with product development and European regulatory approvals.
- The partnership aims to strengthen Akums' presence in Europe and align with its long-term strategic objectives.
VIE Stories | 26 Dec, 2024
Akums inks €200 million agreement with a global pharma company for the European market
- Akums, a contract manufacturing and development organisation (CDMO), has signed a €200 million agreement with a global pharma company for the European market.
- Akums will produce and supply multiple SKUs of oral liquid formulations, while the partner company will market them in various European countries.
- The agreement aims to boost Akums' domestic manufacturing capabilities for global markets and is expected to begin commercial supply in 2027, continuing till 2032.
- Akums will initiate the European approval process for its oral liquid manufacturing facility, with site and product dossier approvals expected by end 2026.
HinduBusinessLine | 26 Dec, 2024
Akums inks €200 million agreement for the European market
- Akums, a contract manufacturing and development organisation (CDMO), has entered into a €200 million agreement for the European market.
- Under the agreement, Akums will produce and supply multiple SKUs of oral liquid formulations, while the partner company will market them in various European countries.
- The agreement aligns with Akums' plans to expand in regulated markets and boost domestic manufacturing capabilities for global markets.
- Commercial supply of these products is expected to begin in 2027, and the European approval process for Akums' oral liquid manufacturing facility will commence.
HinduBusinessLine | 26 Dec, 2024
Akums Drugs Inks Rs 1,760-Crore Pact To Make, Supply Oral Liquid Formulation To European Countries
- Akums Drugs and Pharmaceutical Ltd. has signed a pact with a global pharma company to manufacture and supply selected pharmaceutical formulations in European market.
- Akums group will manufacture and supply multiple SKUs of oral liquid formulation to be marketed in multiple European countries.
- The commercial supply of these products from Akums will commence in 2027.
- The composite value of the agreement is approx. Euro 200 million or Rs 1,760 crores.
Bloomberg Quint | 24 Dec, 2024
Buy, Sell Or Hold: Tata Motors, Akums Drugs, IOC, BEL — Ask Profit
- Experts from SBICap Securities and Kushbohra.com offer crucial investment advice on whether to buy, sell, or hold shares of companies like Tata Motors, Akums Drugs, and Bharat Electronics Ltd.
- Tata Motors (CMP: Rs 783.65) - Experts recommend holding the stock as it looks favorable after a correction, with a fair value of around Rs 2,000 in the next 12-18 months.
- Akums Drugs (CMP: Rs 630) - Experts suggest buying the stock as strong numbers have been seen in the contract development and manufacturing organization front.
- Swan Energy (CMP: Rs 605.75) - Experts advise holding the stock as the recent trigger of acquiring Reliance Naval defense business can potentially result in high returns in the next two-three years.
Bloomberg Quint | 28 Nov, 2024
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Akums Drugs & Pharmaceuticals Limited Perks & Benefits
Akums Drugs & Pharmaceuticals Limited Subsidiaries
Akumentis Healthcare
3.7
• 299 reviews
Pure & Cure Healthcare
4.2
• 170 reviews
Maxcure Nutravedics
4.2
• 12 reviews
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Akums Drugs & Pharmaceuticals Limited FAQs
When was Akums Drugs & Pharmaceuticals Limited founded?
Akums Drugs & Pharmaceuticals Limited was founded in 2004. The company has been operating for 21 years primarily in the Pharma sector.
Where is the Akums Drugs & Pharmaceuticals Limited headquarters located?
Akums Drugs & Pharmaceuticals Limited is headquartered in Delhi/NCR, New Delhi. It operates in 2 cities such as Haridwar, New Delhi. To explore all the office locations, visit Akums Drugs & Pharmaceuticals Limited locations.
How many employees does Akums Drugs & Pharmaceuticals Limited have in India?
Akums Drugs & Pharmaceuticals Limited currently has more than 7,300+ employees in India. Research & Development department appears to have the highest employee count in Akums Drugs & Pharmaceuticals Limited based on the number of reviews submitted on AmbitionBox.
Does Akums Drugs & Pharmaceuticals Limited have good work-life balance?
Akums Drugs & Pharmaceuticals Limited has a work-life balance rating of 4.3 out of 5 based on 1,900+ employee reviews on AmbitionBox. 81% employees rated Akums Drugs & Pharmaceuticals Limited 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Akums Drugs & Pharmaceuticals Limited work-life balance reviews for more details
Is Akums Drugs & Pharmaceuticals Limited good for career growth?
Career growth at Akums Drugs & Pharmaceuticals Limited is highly regarded, with promotions and appraisal rating of 4.2. 81% employees rated Akums Drugs & Pharmaceuticals Limited 4 or above on promotions/appraisal indicating that a significant portion of employees are satisfied with career growth opportunities. We recommend reading Akums Drugs & Pharmaceuticals Limited promotions/appraisals reviews for more detailed insights.
What are the pros of working in Akums Drugs & Pharmaceuticals Limited?
Working at Akums Drugs & Pharmaceuticals Limited offers several advantages that make it an appealing place for employees. The company is highly rated for job security, skill development and company culture, based on 1,900+ employee reviews on AmbitionBox.
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