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The Kautilya Blog

Market intelligence, deal breakdowns, and acquisition frameworks from the Kautilya advisory team.

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Market Intelligence
June 29, 2025
12 min read
How to Value a Founder-Owned Pharma Business in India
What the Torrent-JB Chemicals Deal Actually Tells You

KKR turned a Rs. 3,100 Cr pharma acquisition into a Rs. 25,689 Cr exit in five years. Here is what the 24.8x EBITDA Torrent-JB Chemicals deal means for founder-owned pharma businesses in India — and how to close the valuation gap before you engage a bank.

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