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Sterling Biotech Limited (Sterling)

Sterling Biotech Limited (Sterling) is the largest producer of pharmaceutical and nutraceutical gelatin in India and Asia as well. It has a domestic market share of 85% and a global market share of 6% in pharmaceutical grade gelatin and is among the top five gelatin producers globally. Sterling also sells Dicalcium Phosphate (DCP), a by-product of the gelatin manufacturing process, to poultry-feed and fertilizer industry in India, which is required as feed and medicines to protect poultry against diseases such as rickets. DCP finds further applications in products such as talcum powder, fertilizers and toothpaste.

The primary raw materials required to produce gelatin are buffalo bones, Lime and Hydrochloric acid (HCL). These raw materials are available in abundance since India is one of the world's largest producers of buffalo meat. Competitive material costs enable Sterling to be the lowest cost producer of gelatin, globally. Capacity utilization of more than 100% allows Sterling a distinct cost advantage over its competetors

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