Dey's Medical Stores (Manufacturing) Limited, commonly known as Dey's, is a well-established pharmaceutical company in India. Founded in 1986, the company specializes in the manufacture of essential and life-saving drugs, including antibiotics and various therapeutic segments such as ophthalmic and gastrointestinal products. Dey's has a significant presence in both domestic and international markets. Recent Developments Dey's Medical has a robust distribution network with over 1,550 stockists and is known for its commitment to quality and customer-centric approach. The company has expanded its product range to include various therapeutic segments, and it is recognized for its brands like I-Tone and Milk of Magnesia. Business Operations Dey's Medical Stores focuses on manufacturing a wide range of pharmaceutical products, including: Antibiotics Ophthalmic preparations Gastrointestinal medications Herbal preparations The company operates multiple manufacturing facilities compliant with GMP (Good Manufacturing Practices) standards, ensuring high-quality production processes. Investment Considerations Market Position: Dey's Medical holds a strong position in the Indian pharmaceutical market with a diverse product portfolio. Growth Potential: The increasing demand for pharmaceuticals in India provides significant growth opportunities for Dey's. Financial Stability: While specific financial metrics are not provided, the company's long-standing presence and established brands suggest a solid operational foundation. Liquidity Risk: As an unlisted entity, shares may have lower liquidity compared to listed companies, which can affect the ease of buying and selling shares. Future Listing Possibilities: Investors may consider the potential for future public listing, which could enhance liquidity and provide an exit strategy.