Hester Biosciences Limited

Manufactures poultry vaccines and healthcare products for various animals, offers seroprofiling and mastitis control services.

1987 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 21, 2024

Hester Biosciences Profile

Key Indicators

  • Authorised Capital ₹ 11.20 Cr
  • Paid Up Capital ₹ 8.51 Cr
  • Company Age 37 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 202.60 Cr
  • Satisfied Charges ₹ 89.54 Cr
  • Revenue Growth 15.77%
  • Profit Growth -18.16%
  • Ebitda -9.38%
  • Net Worth 8.92%
  • Total Assets 28.60%

About Hester Biosciences

Hester Biosciences Limited (HBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 April 1987 and has a history of 37 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524669 and on the National Stock Exchange(NSE) under HESTERBIO.

The Corporate was formerly known as Hester Pharmaceuticals Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 11.20 Cr and a paid-up capital of Rs 8.51 Cr.

The company currently has active open charges totaling ₹202.60 Cr. The company has closed loans amounting to ₹89.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hester Biosciences Limited India are Nikhil Jhanwar as CFO and Vinodkumar Mali as Company Secretary. Ameetkumar Desai, Sanjiv Gandhi, Nina Gandhi, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hester.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L99999GJ1987PLC022333

  • Company No.

    022333

  • Stock Symbol

    BSE : 524669 NSE : HESTERBIO

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Apr 1987

  • Date of AGM

    20 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Pharma

What products or services does Hester Biosciences Limited offer?

Hester Biosciences Limited offers a wide range of products and services, including Cardiovascular Drugs & Medication, Diabetes Medicine, Common Disease Medicines, Anaemia Medicine, Pain Relief Drugs & Pharmaceuticals, Osteoporosis Medications, Anti Infective Drugs & Medicines, HIV Drugs, Cholesterol Medicine, Muscle Relaxant.

Who are the key members and board of directors at Hester Biosciences?

Executive Team (3)

NameDesignationAppointment DateStatus
Rajiv Gandhi Country flag representing In Managing Director29-Apr-1987Current
Nikhil Jhanwar CFO09-Jun-2021Current
Vinodkumar Mali Company Secretary14-May-2018Current

Board Members (10)

NameDesignationAppointment DateStatus
Priya Gandhi Country flag representing In Whole-Time Director 18-Oct-2014Current
Jatin Trivedi Country flag representing In Director 26-Jun-2023Current
Ashok Bhimarao Country flag representing In Director 01-Apr-2020Current
Ameetkumar Desai Country flag representing In Director 28-Oct-2021Current
Sanjiv Gandhi Country flag representing In Director 29-Apr-1987Current
Nina Gandhi Country flag representing In Alternate Director 30-May-2014Current

Financial Performance of Hester Biosciences.

Hester Biosciences Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.77% increase. The company also saw a substantial fall in profitability, with a 18.16% decrease in profit. The company's net worth moved up by a moderate rise of 8.92%.

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
15.77%
Revenue from Operations
15.80%
Total Assets
28.60%
Profit or Loss
-18.16%
Net Worth
8.92%
EBITDA
-9.38%

What is the Ownership and Shareholding Structure of Hester Biosciences?

In 2023, Hester Biosciences had a promoter holding of 53.73% and a public holding of 46.27%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹202.60 Cr

Satisfied Charges

₹89.54 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 202.05 Cr
  • Axis Bank Limited : 0.55 Cr

Latest Charge Details

DateLenderAmountStatus
18 Dec 2021State Bank Of India₹91.08 CrOpen
26 Jul 2019Axis Bank Limited₹5.53 MOpen
28 Dec 2013State Bank Of India₹110.97 CrOpen
15 Apr 2020State Bank Of India₹5.00 CrSatisfied
16 Oct 2019Hdfc Bank Limited₹3.77 MSatisfied

How Many Employees Work at Hester Biosciences?

Hester Biosciences has a workforce of 695 employees as of Apr 01, 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 Hester Biosciences, 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 Hester Biosciences'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 Hester Biosciences

Recent activity within the organization

  • Annual General Meeting

    Hester Biosciences Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.

    20 Sep 2023

  • Balance Sheet

    Hester Biosciences Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 110.97 Cr registered on 28 Dec 2013 with Charge ID 10473280 was modified on 29 Mar 2023.

    29 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 91.08 Cr with Charge ID 100522724 was registered on 18 Dec 2021.

    18 Dec 2021

  • Director Appointment

    Ameetkumar Hiranyakumar Desai was appointed as a Director was appointed as a Director on 28 Oct 2021 & has been associated with this company since 3 years 3 months .

    28 Oct 2021

  • Charges

    A charge registered on 16 Oct 2019 via Charge ID 100305133 with Hdfc Bank Limited was fully satisfied on 06 Mar 2021.

    06 Mar 2021

Frequently asked questions

  • Hester Biosciences Limited was incorporated on 29 Apr 1987.

  • The authorized share capital of Hester Biosciences Limited is ₹ 11.20 Cr and paid-up capital is ₹ 8.51 Cr.

  • Currently 13 directors are associated with Hester Biosciences Limited.

    • Ameetkumar Hiranyakumar Desai
    • Sanjiv Dinesh Gandhi
    • Nina Rajiv Gandhi
    • Bhupendra Vithaldas Gandhi
    • Rajiv Dinesh Gandhi
    • Ravin Kanti Gandhi
    • Anilkumar Mithalal Jain
    • Ashok Bhadakal Bhimarao
    • Jatin Yagneshbhai Trivedi
    • Sandhya Maulik Patel
    • Priya Rajiv Gandhi
    • Nikhil Jhanwar
    • Vinodkumar Rameshkumar Mali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hester Biosciences Limited is 1St Floor Pushpak, Panchvati Cross Road C.G. Road, Ahmedabad, Gujarat, India, 380006.

  • The corporate identification number (CIN) of Hester Biosciences Limited is L99999GJ1987PLC022333 and the company number is 022333 as per Ministry of Corporate Affairs (MCA).

  • Yes, Hester Biosciences Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): HESTERBIO.

  • The Official website of Hester Biosciences Limited is https://www.hester.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hester Biosciences Limited has risen by 15.77%.

  • As Per 2023 financial reports, 695 employees are currently employed by Hester Biosciences Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hester Biosciences Limited has experienced an upsurge of 8.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hester Biosciences Limited amount to ₹ 202.60 Cr.

  • The most recent Balance Sheet for Hester Biosciences Limited was filed with the ROC on 31 Mar 2023.

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