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Indoco Remedies
3.6
based on 1.1k Reviews
Video summary
Company Overview
Company Locations
Working at Indoco Remedies
Company Summary
A pharmaceutical entity engaged in developing and manufacturing formulations and APIs, catering to both domestic and global markets.
Overall Rating
3.6/5
based on 1.1k reviews
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8% below
industry average
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Critically rated for
Promotions, Salary, Job security
Work Policy
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Work from office
82% employees reported
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Monday to Saturday
66% employees reported
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Flexible timing
51% employees reported
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No travel
41% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
76 employees reported
Health insurance
55 employees reported
Office cab/shuttle
16 employees reported
Professional degree assistance
11 employees reported
View all benefits
About Indoco Remedies
Founded in1947 (78 yrs old)
India Employee Count5k-10k
Global Employee Count5k-10k
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websiteindoco.com
Primary Industry
Other Industries
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View in video summary
Indoco Remedies Ltd., is a fully integrated, research-oriented pharma company engaged in the manufacturing and marketing of Formulations (Finished Dosage Forms) and Active Pharmaceutical Ingredients (APIs). We have seven decades of presence in the Indian Pharma market and a strong foothold in the international market across 55 countries. Indoco, a USD 140 million company, employs around 6000 personnel, including over 300 skilled scientists. We have 9 manufacturing facilities, out of which, 6 are for finished dosages and 3 for APIs, supported by a state-of-the-art R&D centre at Rabale, Navi Mumbai and a Clinical Research Organisation at Hyderabad. Our manufacturing facilities are of highest regulatory standards, complying with WHO-cGMP guidelines and have been approved by various regulatory authorities such as, USFDA, UK-MHRA, SUKL-Czech Republic, Cofepris – Mexico, TGA-Australia, JAZMP- Slovenia, MCC-South Africa, NDA-Uganda, TFDA-Tanzania, SBD-Yemen, MOH-Ukraine, PPB-Kenya and FDA-Ghana. Indoco has strengthened its wings in the international markets and offers complete solutions, including product development, manufacture and supply of Finished Dosages, APIs and Intermediates to generic companies worldwide. We have a large basket of products backed by ANDAs / eCTD Dossiers and Drug Master Files (DMFs). Expertise in Research & Development, backward integration in API in select products, own CRO set-up, excellence in Finished Dosages manufacturing and a strong customer base will ensure consistent growth in the Company’s Domestic, as well as International business.
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Indoco Remedies Ratings
based on 1.1k reviews
Overall Rating
3.6/5
How AmbitionBox ratings work?
5
430
4
305
3
176
2
75
1
132
Category Ratings
3.4
Work-life balance
3.4
Skill development
3.3
Work satisfaction
3.2
Company culture
3.2
Job security
3.2
Salary
3.1
Promotions
Indoco Remedies is rated 3.6 out of 5 stars on AmbitionBox, based on 1.1k company reviews.This rating reflects an average employee experience, indicating moderate 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 Indoco Remedies
based on 1.1k reviews
3.8
Rated by 97 Women
Rated 3.6 for Work-life balance and 3.6 for Job security
3.5
Rated by 953 Men
Rated 3.4 for Work-life balance and 3.3 for Skill development
Work Policy at Indoco Remedies
based on 114 reviews in last 6 months
Work from office
82%
Hybrid
15%
Permanent work from home
3%
Indoco Remedies Reviews
Top mentions in Indoco Remedies Reviews
+ 5 more
Compare Indoco Remedies with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 3.6/5 based on 1.1k reviews | 4.0/5 based on 5.8k reviews | 4.1/5 based on 6.8k reviews | 5.0/5 based on 1 reviews |
Highly Rated for | No highly rated category | Salary Skill development Job security | Skill development Salary Work-life balance | Skill development Work-life balance Salary |
Critically Rated for | Promotions Salary Job security | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 82% employees reported | Work from office 81% employees reported | Work from office 73% employees reported | - |
Rating by Women Employees | 3.8 Good rated by 97 women | 4.0 Good rated by 435 women | 4.1 Good rated by 676 women | - no rating available |
Rating by Men Employees | 3.5 Good rated by 953 men | 4.0 Good rated by 5k men | 4.1 Good rated by 5.8k men | - no rating available |
Job security | 3.2 Average | 3.8 Good | 3.7 Good | 4.0 Good |
View more
Indoco Remedies Salaries
Indoco Remedies salaries have received with an average score of 3.2 out of 5 by 1.1k employees.
Officer
(432 salaries)
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₹1.9 L/yr - ₹5.5 L/yr
Senior Officer
(410 salaries)
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₹3 L/yr - ₹7.1 L/yr
Junior Officer
(287 salaries)
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₹1.8 L/yr - ₹3.9 L/yr
Production Officer
(167 salaries)
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₹1.6 L/yr - ₹5.5 L/yr
Area Business Manager
(134 salaries)
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₹3.8 L/yr - ₹7.5 L/yr
QC Officer
(125 salaries)
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₹2.3 L/yr - ₹5.8 L/yr
Medical Representative
(122 salaries)
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₹1.2 L/yr - ₹5.6 L/yr
QA Officer
(84 salaries)
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₹1.8 L/yr - ₹5 L/yr
Field Sales Officer
(81 salaries)
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₹1.5 L/yr - ₹4.3 L/yr
Junior Executive
(69 salaries)
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₹3.9 L/yr - ₹8.1 L/yr
Indoco Remedies Interview Questions
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Indoco Remedies Jobs
Popular Designations Indoco Remedies Hires for
Assistant Manager
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Officer
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Internal Auditor
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Production Associate
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Packing Officer
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International Business Development Executive
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Production Officer
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Busi
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Indoco Remedies News
Indoco Remedies Q3 Results Review — Regulated Market Performance Remains Subdued; Systematix Retains 'Hold'
- Indoco Remedies' Q3 FY25 revenue came higher than expectations, while margins and net earnings were moderately lower than estimates.
- Revenues were lower on a YoY and QoQ basis due to underperformance in the regulated market sales.
- The underperformance was caused by ongoing remediation efforts post U.S. FDA warning letter for its Goa Plant II and refurbishment of existing plants.
- These factors affected sales in the US, Europe, and Emerging Markets.
Bloomberg Quint | 22 Jan, 2025
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Indoco Remedies Share Price Plummets As Goa Facility Receives USFDA Warning
- Indoco Remedies share price fell as much as 8.38% to Rs 312 apiece, the lowest level since Nov. 28, 2024.
- Indoco Remedies received a warning letter from the US Food and Drug Administration (FDA) for two plants in their Goa facility.
- The company stated its commitment to resolving the issues mentioned in the FDA warning letter.
- Indoco Remedies recently collaborated with UK-based pharmaceutical distributor Clarity Pharma for strategic distribution.
Bloomberg Quint | 17 Dec, 2024
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Indoco Remedies Share Price Hits Over One–Month High After Announcing Partnership With UK Distributor
- Indoco Remedies' share price surged 10% to over one–month high as the company announced its collaboration with a UK–based pharmaceutical distributor.
- The partnership with Clarity Pharma will enable Indoco Remedies to launch 20 products in the UK market over the next 18 months.
- Clarity Pharma has over 25 years of experience and services over 4,000 primary healthcare customers.
- In a separate filing, Indoco Remedies mentioned receiving a GST show-cause notice for potential liabilities of Rs 15.51 crore, which the company believes is not tenable.
Bloomberg Quint | 3 Dec, 2024
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Indoco Remedies FAQs
When was Indoco Remedies founded?
Indoco Remedies was founded in 1947. The company has been operating for 78 years primarily in the Pharma sector.
Where is the Indoco Remedies headquarters located?
Indoco Remedies is headquartered in Mumbai, Maharashtra.
How many employees does Indoco Remedies have in India?
Indoco Remedies currently has more than 5,900+ employees in India. Marketing & Communication department appears to have the highest employee count in Indoco Remedies based on the number of reviews submitted on AmbitionBox.
Does Indoco Remedies have good work-life balance?
Indoco Remedies has a work-life balance rating of 3.4 out of 5 based on 1,100+ employee reviews on AmbitionBox. 34% employees rated Indoco Remedies 3 or below, while 66% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read Indoco Remedies work-life balance reviews for more details
Is Indoco Remedies good for career growth?
Career growth at Indoco Remedies is rated as moderate, with a promotions and appraisal rating of 3.1. 34% employees rated Indoco Remedies 3 or below, while 66% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Indoco Remedies promotions/appraisals reviews for more detailed insights.
What are the cons of working in Indoco Remedies?
Working at Indoco Remedies does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, salary & benefits and job security, based on 1,100+ employee reviews on AmbitionBox.
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