Panacea Biotec Limited

Biotech company conducting R&D, manufacturing, sales, distribution, and marketing of pharmaceuticals, vaccines, and biosimilars.

1984 | Mohali, Punjab (India) | Active
Last Updated: October 04, 2024

Panacea Biotec Profile

Key Indicators

  • Authorised Capital ₹ 122.34 Cr
  • Paid Up Capital ₹ 22.26 Cr
  • Company Age 41 Year, 19 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 4,285.01 Cr
  • Revenue Growth 17.51%
  • Profit Growth 6.45%
  • Ebitda 13.82%
  • Net Worth -21.55%
  • Total Assets -4.98%

About Panacea Biotec

Panacea Biotec Limited (PBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 February 1984 and has a history of 41 years. Its registered office is in Mohali, Punjab, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531349 and on the National Stock Exchange(NSE) under PANACEABIO.

The Corporate was formerly known as Panacea Drugs Ltd. The Company is engaged in the Life Sciences 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 122.34 Cr and a paid-up capital of Rs 22.26 Cr.

The company has closed loans amounting to ₹4,285.01 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Panacea Biotec Limited India are Vinod Goel as COMPANY SECRETARY and Devender Gupta as Cfo. Ambika Sharma, Manjula Upadhyay, Ankesh Jain, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mohali, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    panaceabiotec.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L33117PB1984PLC022350

  • Company No.

    022350

  • Stock Symbol

    BSE : 531349 NSE : PANACEABIO

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Feb 1984

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Life Sciences
Pharma

What products or services does Panacea Biotec Limited offer?

Panacea Biotec Limited offers a wide range of products and services, including Content Writing Service, Research Development Services, Pharmaceutical Medicine, Health Conditions, Bone, Joint & Muscle Care, Kidney Care.

Who are the key members and board of directors at Panacea Biotec?

Executive Team (4)

NameDesignationAppointment DateStatus
Vinod Goel Country flag representing In Company Secretary13-Jan-1999Current
Devender Gupta Country flag representing In CFO29-May-2015Current
Rajesh Jain Country flag representing In Managing Director25-Nov-2006Current
Sandeep Jain Country flag representing In Managing Director15-Nov-1984Current

Board Members (6)

NameDesignationAppointment DateStatus
Mukul Gupta Country flag representing In Director 01-Apr-2016Current
Manjula Upadhyay Country flag representing In Director 30-Mar-2015Current
Ambika Sharma Country flag representing In Director 12-Mar-2024Current
Ankesh Jain Country flag representing In Whole-Time Director 01-Apr-2016Current
Narotam Juneja Country flag representing In Director 01-Apr-2022Current
Bhupinder Singh Country flag representing In Director 08-Apr-2019Current

Financial Performance of Panacea Biotec.

Panacea Biotec Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.51% increase. The company also saw a slight improvement in profitability, with a 6.45% increase in profit. The company's net worth observed a substantial decline by a decrease of 21.55%.

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
17.51%
Revenue from Operations
9.16%
Total Assets
-4.98%
Profit or Loss
6.45%
Net Worth
-21.55%
EBITDA
13.82%

What is the Ownership and Shareholding Structure of Panacea Biotec?

In 2022, Panacea Biotec had a promoter holding of 73.59% and a public holding of 26.41%. The company had 2 Subsidiaries, 1 Joint Venture and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹4,285.01 Cr

Charges Breakdown by Lending Institutions

  • Others : 1510.09 Cr
  • State Bank Of India : 1118.40 Cr
  • Sbicap Trustee Company Limited : 934.27 Cr
  • Idbi Bank Limited : 150.00 Cr
  • Bank Of India : 129.00 Cr
  • Others : 443.25 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jan 2022Axis Bank Limited₹2.96 MSatisfied
04 Feb 2020Others₹754.44 CrSatisfied
06 Apr 2019Others₹739.69 CrSatisfied
14 Nov 2017Others₹5.29 CrSatisfied
27 Dec 2014Sbicap Trustee Company Limited₹934.27 CrSatisfied

How Many Employees Work at Panacea Biotec?

Panacea Biotec has a workforce of 1127 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 Panacea Biotec, 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 Panacea Biotec'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 Panacea Biotec

Recent activity within the organization

  • Charges

    A charge registered on 05 Jan 2022 via Charge ID 100566669 with Axis Bank Limited was fully satisfied on 18 Mar 2024.

    18 Mar 2024

  • Director Appointment

    Ambika Sharma was appointed as a Director was appointed as a Director on 12 Mar 2024 & has been associated with this company since 11 months 11 days .

    12 Mar 2024

  • Annual General Meeting

    Panacea Biotec Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Panacea Biotec Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Narotam Kumar Juneja was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 2 years 10 months .

    01 Apr 2022

  • Charges

    A charge registered on 14 Nov 2017 via Charge ID 100136189 with Others was fully satisfied on 17 Mar 2022.

    17 Mar 2022

Frequently asked questions

  • Panacea Biotec Limited was incorporated on 02 Feb 1984.

  • The authorized share capital of Panacea Biotec Limited is ₹ 122.34 Cr and paid-up capital is ₹ 22.26 Cr.

  • Currently 10 directors are associated with Panacea Biotec Limited.

    • Vinod Goel
    • Devender Gupta
    • Ambika Sharma
    • Manjula Upadhyay
    • Ankesh Jain
    • Narotam Kumar Juneja
    • Mukul Gupta
    • Bhupinder Singh
    • Rajesh Jain
    • Sandeep Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Panacea Biotec Limited is Ambala-Chandigarh Highway, India, Lalru, Punjab, 140501.

  • The corporate identification number (CIN) of Panacea Biotec Limited is L33117PB1984PLC022350 and the company number is 022350 as per Ministry of Corporate Affairs (MCA).

  • Yes, Panacea Biotec Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PANACEABIO.

  • The Official website of Panacea Biotec Limited is https://www.panaceabiotec.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Panacea Biotec Limited has risen by 17.51%.

  • As Per 2023 financial reports, 1127 employees are currently employed by Panacea Biotec Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Panacea Biotec Limited has experienced an downturn of -21.55%.

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

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