{"id":333542,"date":"2026-10-30T14:54:41","date_gmt":"2026-10-30T09:24:41","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=333542"},"modified":"2026-10-30T14:54:41","modified_gmt":"2026-10-30T09:24:41","slug":"global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/","title":{"rendered":"3 Global Generic Drug Maker, Over the Counter Medicines Exporter and Isobutylene Derivatives Maker Stocks With a Strong Future Roadmap: Dr. Reddy&#8217;s Laboratories, Marksans Pharma and Vinati Organics"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E84;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Dr. Reddy&#8217;s Laboratories, Marksans Pharma and Vinati Organics: ROE of 11.1% to 14.0% and FY22 to FY26 revenue CAGR of 8.0% to 18.6%. Prices as of 29 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:#1F4E84;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The three generic drug, OTC and isobutylene stocks to watch are Dr. Reddy&#8217;s Laboratories, Marksans Pharma and Vinati Organics. Their return on equity ranges from 11.1% to 14.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 8.0% to 18.6%. Vinati Organics has the highest return on equity at 14.0%, while Marksans Pharma has the fastest revenue growth at 18.6% a year. Prices are based on the 29 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Generic drug, OTC and isobutylene stocks give investors a way to track businesses that sit close to everyday demand in India. Dr. Reddy&#8217;s Laboratories, Marksans Pharma and Vinati Organics cover a global generic drug maker, an over the counter medicines exporter and an isobutylene derivatives maker.<\/p>\n<p>This list covers three generic drug, OTC and isobutylene stocks with complete current figures: Dr. Reddy&#8217;s Laboratories, Marksans Pharma and Vinati Organics. Every figure comes from the latest reported financials and the 29 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/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\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/#What_Are_Generic_Drug_OTC_and_Isobutylene_Stocks\" title=\"What Are Generic Drug, OTC and Isobutylene Stocks?\">What Are Generic Drug, OTC and Isobutylene 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\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/#Generic_Drug_OTC_and_Isobutylene_Stocks_at_a_Glance\" title=\"Generic Drug, OTC and Isobutylene Stocks at a Glance\">Generic Drug, OTC and Isobutylene 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\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/#Why_Do_Generic_Drug_OTC_and_Isobutylene_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Generic Drug, OTC and Isobutylene Stocks Have a Strong Roadmap in India?\">Why Do Generic Drug, OTC and Isobutylene 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\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/#Why_Dr_Reddys_Laboratories_Features_Among_These_Generic_Drug_OTC_and_Isobutylene_Stocks\" title=\"Why Dr. Reddy&#8217;s Laboratories Features Among These Generic Drug, OTC and Isobutylene Stocks\">Why Dr. Reddy&#8217;s Laboratories Features Among These Generic Drug, OTC and Isobutylene Stocks<\/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\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/#Why_Marksans_Pharma_Features_Among_These_Generic_Drug_OTC_and_Isobutylene_Stocks\" title=\"Why Marksans Pharma Features Among These Generic Drug, OTC and Isobutylene Stocks\">Why Marksans Pharma Features Among These Generic Drug, OTC and Isobutylene Stocks<\/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\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/#Why_Vinati_Organics_Features_Among_These_Generic_Drug_OTC_and_Isobutylene_Stocks\" title=\"Why Vinati Organics Features Among These Generic Drug, OTC and Isobutylene Stocks\">Why Vinati Organics Features Among These Generic Drug, OTC and Isobutylene Stocks<\/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\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/#Dr_Reddys_Laboratories_vs_Marksans_Pharma_vs_Vinati_Organics_on_Key_Financials\" title=\"Dr. Reddy&#8217;s Laboratories vs Marksans Pharma vs Vinati Organics on Key Financials\">Dr. Reddy&#8217;s Laboratories vs Marksans Pharma vs Vinati Organics 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\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/#Key_Risks_to_Check_Before_Investing_in_Generic_Drug_OTC_and_Isobutylene_Stocks\" title=\"Key Risks to Check Before Investing in Generic Drug, OTC and Isobutylene Stocks\">Key Risks to Check Before Investing in Generic Drug, OTC and Isobutylene Stocks<\/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\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/#Final_Thoughts_on_Generic_Drug_OTC_and_Isobutylene_Stocks\" title=\"Final Thoughts on Generic Drug, OTC and Isobutylene Stocks\">Final Thoughts on Generic Drug, OTC and Isobutylene Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/#What_are_generic_drug_OTC_and_isobutylene_stocks\" title=\"What are generic drug, OTC and isobutylene stocks?\">What are generic drug, OTC and isobutylene stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/#Which_generic_drug_OTC_and_isobutylene_stocks_are_covered_in_this_list\" title=\"Which generic drug, OTC and isobutylene stocks are covered in this list?\">Which generic drug, OTC and isobutylene stocks are covered in this list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/#Why_do_generic_drug_OTC_and_isobutylene_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do generic drug, OTC and isobutylene stocks have a strong future roadmap in India?\">Why do generic drug, OTC and isobutylene stocks have a strong future roadmap in India?<\/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\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/#How_has_Dr_Reddys_Laboratories_performed_financially\" title=\"How has Dr. Reddy&#8217;s Laboratories performed financially?\">How has Dr. Reddy&#8217;s Laboratories performed financially?<\/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\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/#How_has_Marksans_Pharma_performed_financially\" title=\"How has Marksans Pharma performed financially?\">How has Marksans Pharma performed financially?<\/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\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/#How_has_Vinati_Organics_performed_financially\" title=\"How has Vinati Organics performed financially?\">How has Vinati Organics performed financially?<\/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\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/#What_risks_should_investors_check_before_buying_generic_drug_OTC_and_isobutylene_stocks\" title=\"What risks should investors check before buying generic drug, OTC and isobutylene stocks?\">What risks should investors check before buying generic drug, OTC and isobutylene 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\/global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene-derivatives-maker-stocks-roadmap-landmark-list\/#Is_this_list_of_generic_drug_OTC_and_isobutylene_stocks_investment_advice\" title=\"Is this list of generic drug, OTC and isobutylene stocks investment advice?\">Is this list of generic drug, OTC and isobutylene stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Generic_Drug_OTC_and_Isobutylene_Stocks\"><\/span><strong>What Are Generic Drug, OTC and Isobutylene Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Generic drug, OTC and isobutylene stocks are listed companies that sell medicines in many countries, produce over the counter and prescription formulations for overseas markets and make specialty chemicals used in pharma, polymers and water treatment. Their earnings depend on approvals, export demand and product mix.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Generic_Drug_OTC_and_Isobutylene_Stocks_at_a_Glance\"><\/span><strong>Generic Drug, OTC and Isobutylene Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\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;\">D\/E<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/drreddy\/dr-reddy's-laboratories-ltd-share-price-today\">Dr. Reddy&#8217;s Laboratories<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,345<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">103,667<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">32.6<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.1<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.20<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/marksans\/marksans-pharma-ltd-share-price-today\">Marksans Pharma<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">315.35<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12,994<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">24.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">35.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.11<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/vinatiorga\/vinati-organics-ltd-share-price-today\">Vinati Organics<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,038.6<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11,582<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">25.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">35.1<\/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;\">0.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, all three trade at a P\/E below their industry P\/E, which means the market is pricing them at a lower multiple than their peer group. Readers comparing generic drug, OTC and isobutylene stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Generic_Drug_OTC_and_Isobutylene_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Generic Drug, OTC and Isobutylene Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Generic drug, OTC and isobutylene stocks have a strong roadmap in India because steady medicine demand abroad, wider generic use and niche chemistry leadership keep widening the market for these export focused companies.<\/p>\n<ul>\n<li><strong>Global markets.<\/strong> Medicines reach buyers in many countries.<\/li>\n<li><strong>Niche chemistry.<\/strong> Leading products support pricing strength.<\/li>\n<li><strong>Steady demand.<\/strong> Health needs bring repeat orders.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Dr_Reddys_Laboratories_Features_Among_These_Generic_Drug_OTC_and_Isobutylene_Stocks\"><\/span><strong>Why Dr. Reddy&#8217;s Laboratories Features Among These Generic Drug, OTC and Isobutylene Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the generic drug, OTC and isobutylene stocks on this list, Dr. Reddy&#8217;s Laboratories is a Hyderabad-based pharmaceutical company that makes generics, active ingredients and branded products for India and global markets, with a large presence in North America and Europe.<\/p>\n<p>Revenue rose from Rs 22,030 crore in FY22 to Rs 35,059 crore in FY26, a compound annual growth rate of 12.3%. Net profit grew from Rs 2,182 crore in FY22 to Rs 4,158 crore in FY26, which works out to a compound annual growth rate of 17.5%.<\/p>\n<p>The company has a return on equity of 11.1%, a debt to equity ratio of 0.20 and a market capitalisation of Rs 103,667 crore. The stock trades at a P\/E of 32.6, below the industry P\/E of 36.0.<\/p>\n<p><strong>Roadmap:<\/strong> The company is widening its product pipeline with complex generics, biosimilars and consumer health, while its domestic business adds steady growth. Investment in research supports a stream of new launches.<\/p>\n<p><strong>What to watch:<\/strong> Monitor launches of complex generics and the progress of biosimilar programmes.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Marksans_Pharma_Features_Among_These_Generic_Drug_OTC_and_Isobutylene_Stocks\"><\/span><strong>Why Marksans Pharma Features Among These Generic Drug, OTC and Isobutylene Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the pharma and chemical export shares on this list, Marksans Pharma is a Mumbai-based drug maker that produces over-the-counter and prescription formulations at plants in India and sells them in the United Kingdom, the United States, Australia and other markets.<\/p>\n<p>The company has a return on equity of 13.8%, a debt to equity ratio of 0.11 and a market capitalisation of Rs 12,994 crore. The stock trades at a P\/E of 24.9, below the industry P\/E of 35.7.<\/p>\n<p>Revenue rose from Rs 1,533 crore in FY22 to Rs 3,033 crore in FY26, a compound annual growth rate of 18.6%. Net profit grew from Rs 187 crore in FY22 to Rs 420 crore in FY26, which works out to a compound annual growth rate of 22.5%. In the June 2026 quarter, revenue grew 38.5% year on year to Rs 866 crore.<\/p>\n<p><strong>Roadmap:<\/strong> The company is adding capacity and new products for regulated markets, which supports export growth. A focus on over-the-counter products gives it steady, repeat demand.<\/p>\n<p><strong>What to watch:<\/strong> Track export growth, new product approvals and plant utilisation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Vinati_Organics_Features_Among_These_Generic_Drug_OTC_and_Isobutylene_Stocks\"><\/span><strong>Why Vinati Organics Features Among These Generic Drug, OTC and Isobutylene Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, Vinati Organics is a specialty chemicals company and the world&#8217;s leading maker of isobutylene derivatives such as IBB and ATBS, which are used in pharma, polymers and oilfield applications.<\/p>\n<p>Revenue rose from Rs 1,676 crore in FY22 to Rs 2,280 crore in FY26, a compound annual growth rate of 8.0%. Net profit grew from Rs 347 crore in FY22 to Rs 444 crore in FY26, which works out to a compound annual growth rate of 6.4%.<\/p>\n<p>In the June 2026 quarter, revenue grew 28.3% year on year to Rs 705 crore, while net profit rose 4.5% to Rs 109 crore. The company has a return on equity of 14.0%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 11,582 crore. The stock trades at a P\/E of 25.8, below the industry P\/E of 35.1.<\/p>\n<p><strong>Roadmap:<\/strong> The company holds a leading global position in its core products, and has been developing new chemistries that serve several industries. A strong balance sheet with no debt supports its capacity expansion programme.<\/p>\n<p><strong>What to watch:<\/strong> Monitor demand for ATBS and the ramp-up of new products and capacity.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dr_Reddys_Laboratories_vs_Marksans_Pharma_vs_Vinati_Organics_on_Key_Financials\"><\/span><strong>Dr. Reddy&#8217;s Laboratories vs Marksans Pharma vs Vinati Organics on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three generic drug, OTC and isobutylene stocks side by side on revenue, profit and margin, using reported figures.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\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;\">FY22 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Revenue CAGR (FY22-FY26)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Dr. Reddy&#8217;s Laboratories<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22,030<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">35,059<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.3%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,158<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Marksans Pharma<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,533<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,033<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.6%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">420<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Vinati Organics<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,676<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,280<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">444<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Vinati Organics posts the highest return on equity in this group at 14.0%. Dr. Reddy&#8217;s Laboratories has the largest FY26 revenue at Rs 35,059 crore, and Marksans Pharma shows the fastest revenue growth with a 18.6% compound annual rate. A useful habit with generic drug, OTC and isobutylene stocks is to check each new quarterly result against the capacity plans the company described earlier.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Check_Before_Investing_in_Generic_Drug_OTC_and_Isobutylene_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Generic Drug, OTC and Isobutylene Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every theme carries risks that deserve a check before any decision. For these generic drug, OTC and isobutylene stocks, the main points are: Long-term pharma and chemical export shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.<\/p>\n<ul>\n<li><strong>Regulatory approvals.<\/strong> Plant inspections and approvals can affect supplies.<\/li>\n<li><strong>Currency moves.<\/strong> Export earnings move with the rupee.<\/li>\n<li><strong>Valuation levels.<\/strong> Some of these companies trade at high earnings multiples, so growth must continue to justify them.<\/li>\n<\/ul>\n<p>Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Use the Univest Stock Screener<\/a><\/strong> to filter generic drug, OTC and isobutylene stocks by market capitalisation, P\/E, ROE and growth, and build your own shortlist.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Thoughts_on_Generic_Drug_OTC_and_Isobutylene_Stocks\"><\/span><strong>Final Thoughts on Generic Drug, OTC and Isobutylene Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Generic drug, OTC and isobutylene stocks work best when investors track growth, valuation and return on equity side by side. Dr. Reddy&#8217;s Laboratories, Marksans Pharma and Vinati Organics each have a clear plan to grow. Based on the 29 October 2026 close, Dr. Reddy&#8217;s Laboratories trades at Rs 1,345, Marksans Pharma at Rs 315.35 and Vinati Organics at Rs 1,038.6.<\/p>\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 generic drug, OTC and isobutylene stocks, set price alerts and get research-backed stock ideas.<\/em><\/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<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_are_generic_drug_OTC_and_isobutylene_stocks\"><\/span><strong>What are generic drug, OTC and isobutylene stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Generic drug, OTC and isobutylene stocks are listed companies that sell medicines in many countries, produce over the counter and prescription formulations for overseas markets and make specialty chemicals used in pharma, polymers and water treatment. Their earnings depend on approvals, export demand and product mix. This list looks at three of them, Dr. Reddy&#8217;s Laboratories, Marksans Pharma and Vinati Organics, using reported FY22 to FY26 financials and the 29 October 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_generic_drug_OTC_and_isobutylene_stocks_are_covered_in_this_list\"><\/span><strong>Which generic drug, OTC and isobutylene stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Dr. Reddy&#8217;s Laboratories, Marksans Pharma and Vinati Organics. Based on the 29 October 2026 close, Dr. Reddy&#8217;s Laboratories traded at Rs 1,345, Marksans Pharma at Rs 315.35 and Vinati Organics at Rs 1,038.6. Their return on equity ranges from 11.1% to 14.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 8.0% to 18.6%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_generic_drug_OTC_and_isobutylene_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do generic drug, OTC and isobutylene stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Generic drug, OTC and isobutylene stocks have a strong roadmap in India because steady medicine demand abroad, wider generic use and niche chemistry leadership keep widening the market for these export focused companies. The main drivers are as follows. Global markets. Medicines reach buyers in many countries. Niche chemistry. Leading products support pricing strength. Steady demand. Health needs bring repeat orders. Together these factors give the companies on this list a visible path for growth over the coming years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Dr_Reddys_Laboratories_performed_financially\"><\/span><strong>How has Dr. Reddy&#8217;s Laboratories performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 22,030 crore in FY22 to Rs 35,059 crore in FY26, a compound annual growth rate of 12.3%. Net profit grew from Rs 2,182 crore in FY22 to Rs 4,158 crore in FY26, which works out to a compound annual growth rate of 17.5%. The company has a return on equity of 11.1%, a debt to equity ratio of 0.20 and a market capitalisation of Rs 103,667 crore. The stock trades at a P\/E of 32.6, below the industry P\/E of 36.0. Looking ahead, the company is widening its product pipeline with complex generics, biosimilars and consumer health, while its domestic business adds steady growth. Investment in research supports a stream of new launches.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Marksans_Pharma_performed_financially\"><\/span><strong>How has Marksans Pharma performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 1,533 crore in FY22 to Rs 3,033 crore in FY26, a compound annual growth rate of 18.6%. Net profit grew from Rs 187 crore in FY22 to Rs 420 crore in FY26, which works out to a compound annual growth rate of 22.5%. In the June 2026 quarter, revenue grew 38.5% year on year to Rs 866 crore. The company has a return on equity of 13.8%, a debt to equity ratio of 0.11 and a market capitalisation of Rs 12,994 crore. The stock trades at a P\/E of 24.9, below the industry P\/E of 35.7. Looking ahead, the company is adding capacity and new products for regulated markets, which supports export growth. A focus on over-the-counter products gives it steady, repeat demand.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Vinati_Organics_performed_financially\"><\/span><strong>How has Vinati Organics performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 1,676 crore in FY22 to Rs 2,280 crore in FY26, a compound annual growth rate of 8.0%. Net profit grew from Rs 347 crore in FY22 to Rs 444 crore in FY26, which works out to a compound annual growth rate of 6.4%. In the June 2026 quarter, revenue grew 28.3% year on year to Rs 705 crore, while net profit rose 4.5% to Rs 109 crore. The company has a return on equity of 14.0%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 11,582 crore. The stock trades at a P\/E of 25.8, below the industry P\/E of 35.1. Looking ahead, the company holds a leading global position in its core products, and has been developing new chemistries that serve several industries. A strong balance sheet with no debt supports its capacity expansion programme.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_generic_drug_OTC_and_isobutylene_stocks\"><\/span><strong>What risks should investors check before buying generic drug, OTC and isobutylene stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying generic drug, OTC and isobutylene stocks. Regulatory approvals. Plant inspections and approvals can affect supplies. Currency moves. Export earnings move with the rupee. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_list_of_generic_drug_OTC_and_isobutylene_stocks_investment_advice\"><\/span><strong>Is this list of generic drug, OTC and isobutylene stocks investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. This article is educational and uses publicly available data as of the 29 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are generic drug, OTC and isobutylene stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Generic drug, OTC and isobutylene stocks are listed companies that sell medicines in many countries, produce over the counter and prescription formulations for overseas markets and make specialty chemicals used in pharma, polymers and water treatment. Their earnings depend on approvals, export demand and product mix. This list looks at three of them, Dr. Reddy's Laboratories, Marksans Pharma and Vinati Organics, using reported FY22 to FY26 financials and the 29 October 2026 closing prices.\"}},{\"@type\":\"Question\",\"name\":\"Which generic drug, OTC and isobutylene stocks are covered in this list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This list covers Dr. Reddy's Laboratories, Marksans Pharma and Vinati Organics. Based on the 29 October 2026 close, Dr. Reddy's Laboratories traded at Rs 1,345, Marksans Pharma at Rs 315.35 and Vinati Organics at Rs 1,038.6. Their return on equity ranges from 11.1% to 14.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 8.0% to 18.6%.\"}},{\"@type\":\"Question\",\"name\":\"Why do generic drug, OTC and isobutylene stocks have a strong future roadmap in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Generic drug, OTC and isobutylene stocks have a strong roadmap in India because steady medicine demand abroad, wider generic use and niche chemistry leadership keep widening the market for these export focused companies. The main drivers are as follows. Global markets. Medicines reach buyers in many countries. Niche chemistry. Leading products support pricing strength. Steady demand. Health needs bring repeat orders. Together these factors give the companies on this list a visible path for growth over the coming years.\"}},{\"@type\":\"Question\",\"name\":\"How has Dr. Reddy's Laboratories performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 22,030 crore in FY22 to Rs 35,059 crore in FY26, a compound annual growth rate of 12.3%. Net profit grew from Rs 2,182 crore in FY22 to Rs 4,158 crore in FY26, which works out to a compound annual growth rate of 17.5%. The company has a return on equity of 11.1%, a debt to equity ratio of 0.20 and a market capitalisation of Rs 103,667 crore. The stock trades at a P\/E of 32.6, below the industry P\/E of 36.0. Looking ahead, the company is widening its product pipeline with complex generics, biosimilars and consumer health, while its domestic business adds steady growth. Investment in research supports a stream of new launches.\"}},{\"@type\":\"Question\",\"name\":\"How has Marksans Pharma performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 1,533 crore in FY22 to Rs 3,033 crore in FY26, a compound annual growth rate of 18.6%. Net profit grew from Rs 187 crore in FY22 to Rs 420 crore in FY26, which works out to a compound annual growth rate of 22.5%. In the June 2026 quarter, revenue grew 38.5% year on year to Rs 866 crore. The company has a return on equity of 13.8%, a debt to equity ratio of 0.11 and a market capitalisation of Rs 12,994 crore. The stock trades at a P\/E of 24.9, below the industry P\/E of 35.7. Looking ahead, the company is adding capacity and new products for regulated markets, which supports export growth. A focus on over-the-counter products gives it steady, repeat demand.\"}},{\"@type\":\"Question\",\"name\":\"How has Vinati Organics performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 1,676 crore in FY22 to Rs 2,280 crore in FY26, a compound annual growth rate of 8.0%. Net profit grew from Rs 347 crore in FY22 to Rs 444 crore in FY26, which works out to a compound annual growth rate of 6.4%. In the June 2026 quarter, revenue grew 28.3% year on year to Rs 705 crore, while net profit rose 4.5% to Rs 109 crore. The company has a return on equity of 14.0%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 11,582 crore. The stock trades at a P\/E of 25.8, below the industry P\/E of 35.1. Looking ahead, the company holds a leading global position in its core products, and has been developing new chemistries that serve several industries. A strong balance sheet with no debt supports its capacity expansion programme.\"}},{\"@type\":\"Question\",\"name\":\"What risks should investors check before buying generic drug, OTC and isobutylene stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Investors should check a few risks before buying generic drug, OTC and isobutylene stocks. Regulatory approvals. Plant inspections and approvals can affect supplies. Currency moves. Export earnings move with the rupee. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.\"}},{\"@type\":\"Question\",\"name\":\"Is this list of generic drug, OTC and isobutylene stocks investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. This article is educational and uses publicly available data as of the 29 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Generic Drug, OTC and Isobutylene Stocks with a strong future roadmap: Dr. Reddy&#8217;s Laboratories, Marksans Pharma and Vinati Organics. Compare price, valuation, return on equity and revenue growth as of 28 October 2026.<\/p>\n","protected":false},"author":36,"featured_media":333541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[3803,7377,18605,18608,9051,18606,18607,683],"class_list":["post-333542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-best-stocks","tag-dr-reddys-laboratories","tag-generic-drug","tag-healthcare-and-chemical-exporters","tag-marksans-pharma","tag-otc-and-isobutylene-stocks","tag-pharma-and-chemical-export-shares","tag-vinati-organics"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["333541"],"rank_math_title":["Generic Drug, OTC Medicine and Chemical Exporter Stocks"],"rank_math_description":["Compare 3 generic drug, OTC and isobutylene stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. Data as of 28 Oct 2026."],"rank_math_focus_keyword":["generic drug, OTC and isobutylene 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-global-generic-drug-maker-over-the-counter-medicines-exporter-and-isobutylene.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/333542","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\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=333542"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/333542\/revisions"}],"predecessor-version":[{"id":333543,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/333542\/revisions\/333543"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/333541"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=333542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=333542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=333542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}