Bal Pharma Limited

Pharmaceutical company manufacturing APIs, formulations, infusions, and ayurvedic products for various therapeutic areas.

1987 | Bangaluru, Karnataka (India) | Active
Last Updated: December 29, 2024

Bal Pharma Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 15.92 Cr
  • Company Age 37 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 168.75 Cr
  • Satisfied Charges ₹ 177.04 Cr
  • Revenue Growth 13.83%
  • Profit Growth -5.70%
  • Ebitda -11.84%
  • Net Worth 10.09%
  • Total Assets 10.73%

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 nine 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 ₹168.75 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 Abdul Basith as COMPANY SECRETARY and Daddanala Bhushan as Cfo. Shailesh Siroya, H Venkatesh, Nicola Neeladri, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    balpharma.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L85110KA1987PLC008368

  • Company No.

    008368

  • Stock Symbol

    BSE : 524824 NSE : BALPHARMA

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 May 1987

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Bangalore

Industry

Pharma

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)

NameDesignationAppointment DateStatus
Shailesh Siroya Country flag representing In Managing Director01-Aug-2004Current
Abdul Basith Company Secretary17-Jul-2023Current
Daddanala Bhushan CFO08-Mar-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
H Venkatesh Country flag representing In Director 23-May-2020Current
Nicola Neeladri Country flag representing In Director 23-May-2020Current
Kotian Damodar Country flag representing In Whole-Time Director 30-May-2022Current
Himesh Virupakshaya Country flag representing In Whole-Time Director 28-Sep-2019Current
Jatish Sheth Country flag representing In Director 28-Dec-2020Current

Financial Performance of Bal Pharma.

Bal Pharma Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 13.83% increase. The company also saw a slight decrease in profitability, with a 5.7% decrease in profit. The company's net worth Soared by an impressive increase of 10.09%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
13.83%
Revenue from Operations
12.46%
Total Assets
10.73%
Profit or Loss
-5.70%
Net Worth
10.09%
EBITDA
-11.84%

What is the Ownership and Shareholding Structure of Bal Pharma?

In 2022, Bal Pharma had a promoter holding of 49.57% and a public holding of 50.43%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹168.75 Cr

Satisfied Charges

₹177.04 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 96.33 Cr
  • Canara Bank : 58.78 Cr
  • Others : 9.35 Cr
  • Sidbi : 4.29 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jul 2024Hdfc Bank Limited₹0.69 MOpen
08 Jan 2024Others₹1.08 CrOpen
29 Dec 2023Hdfc Bank Limited₹0.56 MOpen
06 Dec 2023Sidbi₹4.29 CrOpen
29 May 2023Hdfc Bank Limited₹3.20 MOpen

How Many Employees Work at Bal Pharma?

Bal Pharma has a workforce of 812 employees as of Apr 08, 2024. 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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

  • Annual General Meeting

    Bal Pharma Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • 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.

    21 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 80.00 Cr registered on 26 Oct 2018 with Charge ID 100223513 was modified on 05 Aug 2024.

    05 Aug 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100965934 was registered on 25 Jul 2024.

    25 Jul 2024

  • Charges

    A charge registered on 18 Jan 2017 via Charge ID 100092364 with Others was fully satisfied on 14 May 2024.

    14 May 2024

  • Balance Sheet

    Bal Pharma Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Bal Pharma Limited was incorporated on 19 May 1987.

  • The authorized share capital of Bal Pharma Limited is ₹ 20.00 Cr and paid-up capital is ₹ 15.92 Cr.

  • Currently 8 directors are associated with Bal Pharma Limited.

    • Shailesh Dheerajmal Siroya
    • H S Venkatesh
    • Nicola Neeladri
    • Abdul Basith
    • Daddanala Venkat Bharath Bhushan
    • Kotian Chittananda Damodar
    • Himesh Virupakshaya
    • Jatish Sheth
  • 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.

  • The corporate identification number (CIN) of Bal Pharma Limited is L85110KA1987PLC008368 and the company number is 008368 as per Ministry of Corporate Affairs (MCA).

  • Yes, Bal Pharma Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BALPHARMA.

  • The Official website of Bal Pharma Limited is https://www.balpharma.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Bal Pharma Limited has risen by 13.83%.

  • As Per 2022 financial reports, 812 employees are currently employed by Bal Pharma Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Bal Pharma Limited has experienced an upsurge of 10.09%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Bal Pharma Limited amount to ₹ 168.75 Cr.

  • The most recent Balance Sheet for Bal Pharma Limited was filed with the ROC on 31 Mar 2024.

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