

Bal Pharma Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 15.92 Cr
- Company Age 37 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 173.75 Cr
- Satisfied Charges ₹ 177.04 Cr
- Revenue Growth 12.00%
- Profit Growth 67.68%
- Ebitda 24.62%
- Net Worth 9.94%
- Total Assets 3.91%
About Bal Pharma
Bal Pharma Limited (BPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 May 1987 and has a history of 37 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524824 and on the National Stock Exchange(NSE) under BALPHARMA.
The Company is engaged in the Pharma Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 15.92 Cr.
The company currently has active open charges totaling ₹173.75 Cr. The company has closed loans amounting to ₹177.04 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Bal Pharma Limited India are Daddanala Bhushan as CFO and Abdul Basith as Company Secretary. Shailesh Siroya, Jatish Sheth, H Venkatesh, and Three other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Bal Pharma Limited offer?
Bal Pharma Limited offers a wide range of products and services, including Kids, Racing Bicycles and Rickshaws, Sports Bicycles, Pain Relief Drugs & Pharmaceuticals, Muscle Relaxant, Health Conditions, Respiratory Care, Skin Care, Sanitizers & Handwash.
Who are the key members and board of directors at Bal Pharma?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Shailesh Siroya ![]() | Managing Director | 01-Aug-2004 | Current |
Daddanala Bhushan | CFO | 08-Mar-2023 | Current |
Abdul Basith | Company Secretary | 17-Jul-2023 | Current |
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Jatish Sheth ![]() | Director | 28-Dec-2020 | Current |
H Venkatesh ![]() | Director | 23-May-2020 | Current |
Nicola Neeladri ![]() | Director | 23-May-2020 | Current |
Himesh Virupakshaya ![]() | Whole-Time Director | 28-Sep-2019 | Current |
Kotian Damodar ![]() | Whole-Time Director | 30-May-2022 | Current |
Financial Performance of Bal Pharma.
Bal Pharma Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 12% increase. The company also saw a substantial improvement in profitability, with a 67.68% increase in profit. The company's net worth moved up by a moderate rise of 9.94%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Bal Pharma?
In 2024, Bal Pharma had a promoter holding of 51.24% and a public holding of 48.76%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Isg Novasoft Technologies Limited
Nicola Neeladri is a mutual person
- Kaunshya Investments Private Limited
Shailesh Siroya is a mutual person
- Lifezen Healthcare Private Limited
Shailesh Siroya is a mutual person
- Umiya Buildcon Limited
H Venkatesh and Nicola Neeladri are mutual person
- Wildcraft India Limited
H Venkatesh is a mutual person
- Balance Clinics Llp
Shailesh Siroya is a mutual person
Charges (Loans)
₹173.75 Cr
₹177.04 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 101.33 Cr
- Canara Bank : 58.78 Cr
- Others : 9.35 Cr
- Sidbi : 4.29 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
25 Jul 2024 | Hdfc Bank Limited | ₹0.69 M | Open |
08 Jan 2024 | Others | ₹1.08 Cr | Open |
29 Dec 2023 | Hdfc Bank Limited | ₹0.56 M | Open |
06 Dec 2023 | Sidbi | ₹4.29 Cr | Open |
29 May 2023 | Hdfc Bank Limited | ₹3.20 M | Open |
How Many Employees Work at Bal Pharma?
Bal Pharma has a workforce of 715 employees as of Mar 31, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Bal Pharma, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bal Pharma's trajectory.
Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Bal Pharma
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 85.00 Cr registered on 26 Oct 2018 with Charge ID 100223513 was modified on 22 Jan 2025.
- Annual General Meeting
Bal Pharma Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Charges
A charge with Canara Bank of Rs. 58.67 Cr registered on 10 May 2019 with Charge ID 100264149 was modified on 21 Sep 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100965934 was registered on 25 Jul 2024.
- Charges
A charge registered on 18 Jan 2017 via Charge ID 100092364 with Others was fully satisfied on 14 May 2024.
- Balance Sheet
Bal Pharma Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Recent News, Updates & Announcement
- Bal Pharma Appoints Ms. S Anika Mercylin as Company Secretary and Compliance Officer, Bringing 2 Years of ACS Experience to the Team.
Bal Pharma hires new Company Secretary and Compliance Officer, Ms. S Anika Mercylin. She's an ACS qualified with 2 years experience and not related to any Directors or KMP's. She'll also handle materiality of events and disclosures. Bal Pharma is a 25-year-old Indian Pharma Company exporting to global markets. #NewHire #PharmaLife #GlobalReach.
- Bal Pharma's director Shrenik Dheerajmal Siroya resigns.
We inform the exchange that Mr. Shrenik Dheerajmal Siroya non Executive Director of the Company has submitted his resignation from his Directorship , citing certain statutory commitments..
Frequently asked questions
What is the Incorporation or founding date of Bal Pharma Limited?
Bal Pharma Limited was incorporated on 19 May 1987.
What is authorized share capital and paid-up capital of Bal Pharma Limited?
The authorized share capital of Bal Pharma Limited is ₹ 20.00 Cr and paid-up capital is ₹ 15.92 Cr.
Who are the current board members & directors of Bal Pharma Limited?
Currently 8 directors are associated with Bal Pharma Limited.
- Shailesh Dheerajmal Siroya
- Jatish Sheth
- H S Venkatesh
- Nicola Neeladri
- Himesh Virupakshaya
- Kotian Chittananda Damodar
- Daddanala Venkat Bharath Bhushan
- Abdul Basith
What is the registered address of Bal Pharma Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Bal Pharma Limited is 21-22, Bommasandra Industrial Area India, Bangalore South, Karnataka, 560099.
What is the corporate identification number (CIN) and company number of Bal Pharma Limited?
The corporate identification number (CIN) of Bal Pharma Limited is L85110KA1987PLC008368 and the company number is 008368 as per Ministry of Corporate Affairs (MCA).
Is Bal Pharma Limited registered with any stock exchange in India?
Yes, Bal Pharma Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BALPHARMA.
What is the official website of Bal Pharma Limited?
The Official website of Bal Pharma Limited is https://www.balpharma.com
What has been the recent revenue trend for Bal Pharma Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Bal Pharma Limited has risen by 12.00%.
How many employees does Bal Pharma Limited currently have?
As Per 2024 financial reports, 715 employees are currently employed by Bal Pharma Limited.
What change has been observed in the net worth of Bal Pharma Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Bal Pharma Limited has experienced an upsurge of 9.94%.
What are the total open charges for Bal Pharma Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Bal Pharma Limited amount to ₹ 173.75 Cr.
When was the last Balance Sheet of Bal Pharma Limited filed with the ROC?
The most recent Balance Sheet for Bal Pharma Limited was filed with the ROC on 31 Mar 2024.
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