{"id":307764,"date":"2026-10-14T13:07:13","date_gmt":"2026-10-14T07:37:13","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=307764"},"modified":"2026-10-14T13:07:13","modified_gmt":"2026-10-14T07:37:13","slug":"biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/","title":{"rendered":"3 Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks With a Strong Future Roadmap: Shilpa Medicare, Viyash Scientific and Medplus Health Services"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Shilpa Medicare Rs 973.60, P\/E 67.52. Viyash Scientific Rs 235.02, P\/E 39.01. Medplus Rs 617.00, P\/E 36.06. Closing prices of 13 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Biologics maker, specialty ingredient and pharmacy retail stocks with the clearest long-term roadmaps today include Shilpa Medicare in active ingredients, formulations, biologics and contract manufacturing, Viyash Scientific in active pharmaceutical ingredients, formulations and contract manufacturing and Medplus in a pharmacy retail chain with a growing private label range, mainly in southern India. FY26 revenue growth was 18.2% at Shilpa Medicare, 14.0% at Viyash Scientific and 12.6% at Medplus. P\/E stands at 67.52 for Shilpa Medicare (industry 37.59), 39.01 for Viyash Scientific (industry 37.59) and 36.06 for Medplus (industry 66.59). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company&#8217;s risks need equal attention.<\/p>\n<\/p><\/div>\n<p>Biologics maker, specialty ingredient and pharmacy retail stocks give investors exposure to medicines and pharmacy services that doctors, drug makers and patients rely on. Contract orders, ingredient volumes and store growth decide how much of that demand turns into profit.<\/p>\n<p>This list covers three biologics maker, specialty ingredient and pharmacy retail stocks: Shilpa Medicare for active ingredients, formulations, biologics and contract manufacturing, Viyash Scientific for active pharmaceutical ingredients, formulations and contract manufacturing and Medplus Health Services for a pharmacy retail chain with a growing private label range, mainly in southern India. Every figure comes from the latest reported financials and the 13 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#What_Are_Biologics_Maker_Specialty_Ingredient_and_Pharmacy_Retail_Stocks\" title=\"What Are Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks?\">What Are Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#Biologics_Maker_Specialty_Ingredient_and_Pharmacy_Retail_Stocks_at_a_Glance\" title=\"Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks at a Glance\">Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#Why_Do_Biologics_Maker_Specialty_Ingredient_and_Pharmacy_Retail_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks Have a Strong Roadmap in India?\">Why Do Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#Shilpa_Medicare_Ingredients_Biologics_and_Formulations_Anchor_the_Roadmap\" title=\"Shilpa Medicare: Ingredients, Biologics and Formulations Anchor the Roadmap\">Shilpa Medicare: Ingredients, Biologics and Formulations Anchor the Roadmap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#Viyash_Scientific_Ingredients_for_Human_and_Animal_Health_Drive_the_Pipeline\" title=\"Viyash Scientific: Ingredients for Human and Animal Health Drive the Pipeline\">Viyash Scientific: Ingredients for Human and Animal Health Drive the Pipeline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#Medplus_Health_Services_Pharmacy_Retail_Stores_Anchor_the_Roadmap\" title=\"Medplus Health Services: Pharmacy Retail Stores Anchor the Roadmap\">Medplus Health Services: Pharmacy Retail Stores Anchor the Roadmap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#Best_Biologics_Maker_Specialty_Ingredient_and_Pharmacy_Retail_Stocks_in_India_Shilpa_Medicare_vs_Viyash_Scientific_vs_Medplus_on_Key_Financials\" title=\"Best Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks in India: Shilpa Medicare vs Viyash Scientific vs Medplus on Key Financials\">Best Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks in India: Shilpa Medicare vs Viyash Scientific vs Medplus on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#How_to_Evaluate_Biologics_Maker_Specialty_Ingredient_and_Pharmacy_Retail_Stocks_to_Buy_Before_You_Invest\" title=\"How to Evaluate Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks to Buy Before You Invest\">How to Evaluate Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks to Buy Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#Risks_to_Consider_Before_Investing_in_Biologics_Maker_Specialty_Ingredient_and_Pharmacy_Retail_Stocks\" title=\"Risks to Consider Before Investing in Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks\">Risks to Consider Before Investing in Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#Final_Take_Which_Stock_Has_the_Strongest_Roadmap\" title=\"Final Take: Which Stock Has the Strongest Roadmap?\">Final Take: Which Stock Has the Strongest Roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#FAQs_on_Biologics_Maker_Specialty_Ingredient_and_Pharmacy_Retail_Stocks\" title=\"FAQs on Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks\">FAQs on Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#Which_are_the_best_biologics_maker_specialty_ingredient_and_pharmacy_retail_stocks_in_India_with_a_strong_roadmap\" title=\"Which are the best biologics maker, specialty ingredient and pharmacy retail stocks in India with a strong roadmap?\">Which are the best biologics maker, specialty ingredient and pharmacy retail stocks in India with a strong roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#Is_Shilpa_Medicare_a_good_stock_to_buy_now\" title=\"Is Shilpa Medicare a good stock to buy now?\">Is Shilpa Medicare a good stock to buy now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#What_is_the_PE_ratio_of_Shilpa_Medicare_Viyash_Scientific_and_Medplus\" title=\"What is the P\/E ratio of Shilpa Medicare, Viyash Scientific and Medplus?\">What is the P\/E ratio of Shilpa Medicare, Viyash Scientific and Medplus?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#Which_of_these_biologics_maker_specialty_ingredient_and_pharmacy_retail_stocks_has_the_highest_return_on_equity\" title=\"Which of these biologics maker, specialty ingredient and pharmacy retail stocks has the highest return on equity?\">Which of these biologics maker, specialty ingredient and pharmacy retail stocks has the highest return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#What_are_the_risks_of_investing_in_biologics_maker_specialty_ingredient_and_pharmacy_retail_stocks\" title=\"What are the risks of investing in biologics maker, specialty ingredient and pharmacy retail stocks?\">What are the risks of investing in biologics maker, specialty ingredient and pharmacy retail stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#How_did_Shilpa_Medicare_Viyash_Scientific_and_Medplus_perform_in_Q1_FY27\" title=\"How did Shilpa Medicare, Viyash Scientific and Medplus perform in Q1 FY27?\">How did Shilpa Medicare, Viyash Scientific and Medplus perform in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#Do_biologics_maker_specialty_ingredient_and_pharmacy_retail_stocks_pay_dividends\" title=\"Do biologics maker, specialty ingredient and pharmacy retail stocks pay dividends?\">Do biologics maker, specialty ingredient and pharmacy retail stocks pay dividends?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-roadmap-watch-guide\/#How_can_I_invest_in_biologics_maker_specialty_ingredient_and_pharmacy_retail_stocks_in_India\" title=\"How can I invest in biologics maker, specialty ingredient and pharmacy retail stocks in India?\">How can I invest in biologics maker, specialty ingredient and pharmacy retail stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Biologics_Maker_Specialty_Ingredient_and_Pharmacy_Retail_Stocks\"><\/span><strong>What Are Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Biologics maker, specialty ingredient and pharmacy retail stocks are shares of companies that make biologics, supply ingredients or run pharmacies. Results depend on contract orders, ingredient volumes and store growth, so growth and margins separate the stronger names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Biologics_Maker_Specialty_Ingredient_and_Pharmacy_Retail_Stocks_at_a_Glance\"><\/span><strong>Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares size, valuation, return on equity and debt for the three biologics maker, specialty ingredient and pharmacy retail stocks as of the 13 Oct 2026 close.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/shilpamed\/shilpa-medicare-ltd-share-price-today\">Shilpa Medicare<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">973.60<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20,072<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">67.52<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">37.59<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.39%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.25<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/viyash\/sequent-scientific-ltd-share-price-today\">Viyash Scientific<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">235.02<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10,422<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">39.01<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">37.59<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7.07%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.17<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/medplus\/medplus-health-services-ltd-share-price-today\">Medplus Health Services<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">617.00<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7,589<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.06<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">66.59<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.12%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.72<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Among healthcare stocks, Shilpa Medicare and Viyash Scientific trade at a premium to the industry P\/E, while Medplus trades at a discount.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Biologics_Maker_Specialty_Ingredient_and_Pharmacy_Retail_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Biologics maker, specialty ingredient and pharmacy retail stocks have a strong roadmap in India because health spending, drug outsourcing and organised pharmacy growth keep lifting these healthcare firms. Three drivers stand out.<\/p>\n<ul>\n<li><strong>Advanced medicines:<\/strong> Biologics and contract work add higher-value revenue.<\/li>\n<li><strong>Ingredient demand:<\/strong> Drug makers source active ingredients and formulations.<\/li>\n<li><strong>Organised pharmacy:<\/strong> Chain stores gain from private label growth.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Shilpa_Medicare_Ingredients_Biologics_and_Formulations_Anchor_the_Roadmap\"><\/span><strong>Shilpa Medicare: Ingredients, Biologics and Formulations Anchor the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Shilpa Medicare&#8217;s roadmap rests on active ingredients, formulations, biologics and contract development and manufacturing, with a wide product mix supporting revenue.<\/p>\n<p>Revenue grew from Rs 1,159.77 crore in FY22 to Rs 1,548.71 crore in FY26, a 33.5% rise, and FY26 revenue was 18.2% higher than FY25. FY26 net profit was Rs 243.33 crore. In Q1 FY27, revenue grew 43.0% to Rs 468.91 crore. Operating margin was 30.79% in FY26 and 31.21% in Q1 FY27 against 30.26% a year earlier.<\/p>\n<p>Debt to equity is 0.25 and return on equity is 9.39%. FY26 operating cash flow was Rs 342.18 crore against capital expenditure of Rs 370.63 crore. Shilpa Medicare paid a dividend of Rs 0.6 per share for FY26, a yield of 0.06%. At a P\/E of 67.52 against an industry P\/E of 37.59, the stock trades above its industry multiple.<\/p>\n<p>What to watch: The P\/E of 67.52 sits above the industry P\/E of 37.59, so earnings delivery matters for the valuation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Viyash_Scientific_Ingredients_for_Human_and_Animal_Health_Drive_the_Pipeline\"><\/span><strong>Viyash Scientific: Ingredients for Human and Animal Health Drive the Pipeline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Viyash Scientific&#8217;s roadmap rests on active ingredients for human and animal health and related development services, with a wider ingredient basket supporting revenue.<\/p>\n<p>Revenue grew from Rs 1,423.66 crore in FY22 to Rs 3,463.86 crore in FY26, a 143.3% rise, and FY26 revenue was 14.0% higher than FY25. FY26 net profit was Rs 224.65 crore. In Q1 FY27, revenue grew 19.6% to Rs 954.67 crore. Operating margin was 20.21% in FY26 and 19.73% in Q1 FY27 against 15.71% a year earlier.<\/p>\n<p>Debt to equity is 0.17 and return on equity is 7.07%. FY26 operating cash flow was Rs 322.91 crore against capital expenditure of Rs 134.72 crore. At a P\/E of 39.01 against an industry P\/E of 37.59, the stock trades above its industry multiple.<\/p>\n<p>What to watch: Return on equity of 7.07% is modest.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Medplus_Health_Services_Pharmacy_Retail_Stores_Anchor_the_Roadmap\"><\/span><strong>Medplus Health Services: Pharmacy Retail Stores Anchor the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Medplus&#8217; roadmap rests on a pharmacy retail chain with stores across several states, with store expansion supporting revenue.<\/p>\n<p>Revenue grew from Rs 3,810.64 crore in FY22 to Rs 6,963.79 crore in FY26, an 82.7% rise, and FY26 revenue was 12.6% higher than FY25. FY26 net profit rose 46.2% to Rs 219.61 crore. Over four years, net profit rose from Rs 94.72 crore in FY22 to Rs 219.61 crore. In Q1 FY27, revenue grew 21.9% to Rs 1,899.43 crore. Operating margin was 9.85% in FY26.<\/p>\n<p>Debt to equity is 0.72 and return on equity is 11.12%. FY26 operating cash flow was Rs 495.58 crore against capital expenditure of Rs 123.03 crore. At a P\/E of 36.06 against an industry P\/E of 66.59, the stock trades below its industry multiple.<\/p>\n<p>What to watch: Net profit margin is only 3.2%, so small cost changes move earnings.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Best_Biologics_Maker_Specialty_Ingredient_and_Pharmacy_Retail_Stocks_in_India_Shilpa_Medicare_vs_Viyash_Scientific_vs_Medplus_on_Key_Financials\"><\/span><strong>Best Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks in India: Shilpa Medicare vs Viyash Scientific vs Medplus on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the best biologics maker, specialty ingredient and pharmacy retail stocks in India, Shilpa Medicare leads on FY26 revenue growth and FY26 operating margin; Viyash Scientific leads on the lowest debt to equity; Medplus leads on return on equity and the lowest P\/E. The table puts the numbers side by side.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Metric<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Shilpa Medicare<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Viyash Scientific<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Medplus<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,548.71<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,463.86<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,963.79<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.2%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">243.33<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">224.65<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">219.61<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 operating profit margin<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">30.79%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20.21%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.85%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 revenue growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">43.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.6%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Return on equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.39%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7.07%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.12%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">P\/E ratio<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">67.52<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">39.01<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.06<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Debt to equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.25<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.17<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.72<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Dividend yield<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.06%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 operating cash flow (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">342.18<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">322.91<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">495.58<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Healthcare earnings follow contract orders, ingredient volumes and store growth, so full-year numbers and quarterly trends together give a better view.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Evaluate_Biologics_Maker_Specialty_Ingredient_and_Pharmacy_Retail_Stocks_to_Buy_Before_You_Invest\"><\/span><strong>How to Evaluate Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks to Buy Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A short checklist keeps the research consistent when you screen biologics maker, specialty ingredient and pharmacy retail stocks and shortlist biologics maker, specialty ingredient and pharmacy retail stocks to buy.<\/p>\n<ol>\n<li>Compare each stock&#8217;s P\/E with its industry P\/E, which differs by company here.<\/li>\n<li>Check revenue growth, operating margin and return on equity together.<\/li>\n<li>Check whether revenue growth is turning into profit growth, not only sales.<\/li>\n<li>Read operating cash flow against capital expenditure to see how growth is funded.<\/li>\n<li>Watch debt to equity and interest cover before sizing a position.<\/li>\n<li>Spread exposure across companies and business lines instead of one demand cycle.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these biologics maker, specialty ingredient and pharmacy retail stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Investing_in_Biologics_Maker_Specialty_Ingredient_and_Pharmacy_Retail_Stocks\"><\/span><strong>Risks to Consider Before Investing in Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Valuation:<\/strong> Shilpa Medicare trades at 67.52 times earnings against an industry multiple of 37.59.<\/li>\n<li><strong>Pricing rules:<\/strong> Price controls can affect margins.<\/li>\n<li><strong>Competition:<\/strong> Rival brands and providers can pressure growth.<\/li>\n<li><strong>Quarterly trends:<\/strong> A single weak quarter can change near-term earnings, so track results every quarter.<\/li>\n<\/ul>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Shilpa Medicare, Viyash Scientific and Medplus live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Take_Which_Stock_Has_the_Strongest_Roadmap\"><\/span><strong>Final Take: Which Stock Has the Strongest Roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>These three healthcare stocks cover biologics, specialty ingredients and pharmacy retail. Shilpa Medicare leads on FY26 revenue growth and FY26 operating margin; Viyash Scientific leads on the lowest debt to equity; Medplus leads on return on equity and the lowest P\/E.<\/p>\n<p>Across biologics maker, specialty ingredient and pharmacy retail stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the biologics maker, specialty ingredient and pharmacy retail stocks to buy discussed here.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Biologics_Maker_Specialty_Ingredient_and_Pharmacy_Retail_Stocks\"><\/span><strong>FAQs on Biologics Maker, Specialty Ingredient and Pharmacy Retail Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_biologics_maker_specialty_ingredient_and_pharmacy_retail_stocks_in_India_with_a_strong_roadmap\"><\/span><strong>Which are the best biologics maker, specialty ingredient and pharmacy retail stocks in India with a strong roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shilpa Medicare, Viyash Scientific and Medplus Health Services stand out for their roadmaps in biologics, specialty ingredients and pharmacy retail. FY26 revenue growth was 18.2% at Shilpa Medicare, 14.0% at Viyash Scientific and 12.6% at Medplus, and return on equity ranges from 7.07% to 11.12%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Shilpa_Medicare_a_good_stock_to_buy_now\"><\/span><strong>Is Shilpa Medicare a good stock to buy now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shilpa Medicare has a debt to equity ratio of 0.25, a return on equity of 9.39% and a P\/E of 67.52 against an industry P\/E of 37.59. Valuation, growth and pricing rules move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Shilpa_Medicare_Viyash_Scientific_and_Medplus\"><\/span><strong>What is the P\/E ratio of Shilpa Medicare, Viyash Scientific and Medplus?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E ratio is 67.52 for Shilpa Medicare (industry 37.59), 39.01 for Viyash Scientific (industry 37.59) and 36.06 for Medplus (industry 66.59). Only Shilpa Medicare and Viyash Scientific trade at or above the industry multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_biologics_maker_specialty_ingredient_and_pharmacy_retail_stocks_has_the_highest_return_on_equity\"><\/span><strong>Which of these biologics maker, specialty ingredient and pharmacy retail stocks has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Medplus Health Services has the highest return on equity at 11.12%, followed by Shilpa Medicare at 9.39% and Viyash Scientific at 7.07%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_biologics_maker_specialty_ingredient_and_pharmacy_retail_stocks\"><\/span><strong>What are the risks of investing in biologics maker, specialty ingredient and pharmacy retail stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are valuation, pricing rules, competition and quarterly trends. Shilpa Medicare trades at 67.52 times earnings against an industry multiple of 37.59.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_Shilpa_Medicare_Viyash_Scientific_and_Medplus_perform_in_Q1_FY27\"><\/span><strong>How did Shilpa Medicare, Viyash Scientific and Medplus perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shilpa Medicare reported revenue of Rs 468.91 crore, up 43.0% year on year. Viyash Scientific reported revenue of Rs 954.67 crore, up 19.6% year on year. Medplus Health Services reported revenue of Rs 1,899.43 crore, up 21.9% year on year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_biologics_maker_specialty_ingredient_and_pharmacy_retail_stocks_pay_dividends\"><\/span><strong>Do biologics maker, specialty ingredient and pharmacy retail stocks pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shilpa Medicare pays dividends. The dividend yield is 0.06% for Shilpa Medicare, based on dividends declared for FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_biologics_maker_specialty_ingredient_and_pharmacy_retail_stocks_in_India\"><\/span><strong>How can I invest in biologics maker, specialty ingredient and pharmacy retail stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy biologics maker, specialty ingredient and pharmacy retail stocks through a demat and trading account on NSE or BSE after checking each company&#8217;s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best biologics maker, specialty ingredient and pharmacy retail stocks in India with a strong roadmap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Shilpa Medicare, Viyash Scientific and Medplus Health Services stand out for their roadmaps in biologics, specialty ingredients and pharmacy retail. FY26 revenue growth was 18.2% at Shilpa Medicare, 14.0% at Viyash Scientific and 12.6% at Medplus, and return on equity ranges from 7.07% to 11.12%.\"}},{\"@type\":\"Question\",\"name\":\"Is Shilpa Medicare a good stock to buy now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Shilpa Medicare has a debt to equity ratio of 0.25, a return on equity of 9.39% and a P\/E of 67.52 against an industry P\/E of 37.59. Valuation, growth and pricing rules move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.\"}},{\"@type\":\"Question\",\"name\":\"What is the P\/E ratio of Shilpa Medicare, Viyash Scientific and Medplus?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The P\/E ratio is 67.52 for Shilpa Medicare (industry 37.59), 39.01 for Viyash Scientific (industry 37.59) and 36.06 for Medplus (industry 66.59). 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The dividend yield is 0.06% for Shilpa Medicare, based on dividends declared for FY26.\"}},{\"@type\":\"Question\",\"name\":\"How can I invest in biologics maker, specialty ingredient and pharmacy retail stocks in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can buy biologics maker, specialty ingredient and pharmacy retail stocks through a demat and trading account on NSE or BSE after checking each company's financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shilpa Medicare, Viyash Scientific and Medplus Health Services compared on growth, margins, debt and valuation, with the roadmap and risks investors should track.<\/p>\n","protected":false},"author":28,"featured_media":307763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[12121,11130,7424,12122,12123,6097],"class_list":["post-307764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-biologics-maker","tag-medplus-health-services","tag-shilpa-medicare","tag-specialty-ingredient-and-pharmacy-retail-stocks","tag-specialty-ingredient-and-pharmacy-retail-stocks-to-buy","tag-viyash-scientific"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["307763"],"rank_math_title":["Biologics, Specialty Ingredient and Pharmacy Retail Stocks"],"rank_math_description":["Biologics maker, specialty ingredient and pharmacy retail stocks with a strong roadmap compared on growth, margins, valuation and risks."],"rank_math_focus_keyword":["biologics maker, specialty ingredient and pharmacy retail stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/3-biologics-maker-specialty-ingredient-and-pharmacy-retail-stocks-with-a-strong.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/307764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=307764"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/307764\/revisions"}],"predecessor-version":[{"id":307765,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/307764\/revisions\/307765"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/307763"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=307764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=307764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=307764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}