Shilpa Medicare Limited

This company manufactures APIs, with a focus on oncology, and provides contract research and manufacturing services.

1987 | Raichur, Karnataka (India) | Active
Last Updated: December 15, 2024

Shilpa Medicare Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 9.78 Cr
  • Company Age 37 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 572.80 Cr
  • Satisfied Charges ₹ 1,220.23 Cr
  • Revenue Growth -53.97%
  • Profit Growth -23.54%
  • Ebitda -104.04%
  • Net Worth 26.12%
  • Total Assets 17.82%

About Shilpa Medicare

Shilpa Medicare Limited (SML) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 November 1987 and has a history of 37 years and three months. Its registered office is in Raichur, Karnataka, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530549 and on the National Stock Exchange(NSE) under SHILPAMED.

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 11.00 Cr and a paid-up capital of Rs 9.78 Cr.

The company currently has active open charges totaling ₹572.80 Cr. The company has closed loans amounting to ₹1,220.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shilpa Medicare Limited India are Alpesh Dalal as CFO and Reetu Sharma as Company Secretary. Hetal Gandhi, Vishnukanth Bhutada, Om Inani, and Three other members serve as directors at the Company.

Company Details

  • Location

    Raichur, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vbshilpa.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L85110KA1987PLC008739

  • Company No.

    008739

  • Stock Symbol

    BSE : 530549 NSE : SHILPAMED

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Nov 1987

  • Date of AGM

    17 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Bangalore

Industry

Pharma

What products or services does Shilpa Medicare Limited offer?

Shilpa Medicare Limited offers a wide range of products and services, including TB, Tumor & Cancer Drugs, Anti Cancer Medicines, Medical Treatment Services, Therapeutic Service.

Who are the key members and board of directors at Shilpa Medicare?

Executive Team (3)

NameDesignationAppointment DateStatus
Vishnukanth Bhutada Country flag representing In Managing Director01-Sep-2015Current
Alpesh Dalal CFO31-May-2021Current
Reetu Sharma Country flag representing In Company Secretary23-May-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Kamal Sharma Country flag representing In Director 01-Jul-2022Current
Hetal Gandhi Country flag representing In Director 02-Sep-2021Current
Om Inani Country flag representing In Director 23-Mar-1988Current
Kalakota Sharath Country flag representing In Whole-Time Director 01-Oct-2019Current
Anita Bandyopadhyay Country flag representing In Director 11-Aug-2022Current

Financial Performance of Shilpa Medicare.

Shilpa Medicare Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 53.97% decrease. The company also saw a substantial fall in profitability, with a 23.54% decrease in profit. The company's net worth Soared by an impressive increase of 26.12%.

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
-53.97%
Revenue from Operations
-60.73%
Total Assets
17.82%
Profit or Loss
-23.54%
Net Worth
26.12%
EBITDA
-104.04%

What is the Ownership and Shareholding Structure of Shilpa Medicare?

In 2021, Shilpa Medicare had a promoter holding of 53.25% and a public holding of 46.75%. The company had 9 Subsidiaries, 2 Joint Ventures 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

₹572.80 Cr

Satisfied Charges

₹1,220.23 Cr

Charges Breakdown by Lending Institutions

  • Others : 500.00 Cr
  • Axis Bank Limited : 70.06 Cr
  • Canara Bank : 2.50 Cr
  • Standard Chartered Bank : 0.14 Cr
  • Lakshmi Vilas Bank Limited : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
21 Aug 2024Others₹50.00 CrOpen
04 Aug 2023Others₹450.00 CrOpen
27 Mar 2023Standard Chartered Bank₹1.40 MOpen
27 Feb 2023Axis Bank Limited₹70.00 CrOpen
13 Aug 2021Axis Bank Limited₹0.63 MOpen

How Many Employees Work at Shilpa Medicare?

Shilpa Medicare has a workforce of 930 employees as of Apr 09, 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 Shilpa Medicare, 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 Shilpa Medicare'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 Shilpa Medicare

Recent activity within the organization

  • Annual General Meeting

    Shilpa Medicare Limited last Annual general meeting of members was held on 17 Sep 2024 as per latest MCA records.

    17 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100981426 was registered on 21 Aug 2024.

    21 Aug 2024

  • Charges

    A charge registered on 29 Sep 2022 via Charge ID 100618299 with Idbi Bank Limited was fully satisfied on 05 Jul 2024.

    05 Jul 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 26 Jun 2020 via Charge ID 100347591 with Axis Bank Limited was fully satisfied on 06 Nov 2023.

    06 Nov 2023

  • Charges

    A charge registered on 19 Feb 2022 via Charge ID 100546598 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 19 Oct 2023.

    19 Oct 2023

Frequently asked questions

  • Shilpa Medicare Limited was incorporated on 20 Nov 1987.

  • The authorized share capital of Shilpa Medicare Limited is ₹ 11.00 Cr and paid-up capital is ₹ 9.78 Cr.

  • Currently 8 directors are associated with Shilpa Medicare Limited.

    • Hetal Madhukant Gandhi
    • Vishnukanth Chaturbhuj Bhutada
    • Om Prakash Inani
    • Kalakota Reddy Sharath
    • Anita Bandyopadhyay
    • Alpesh Maheshkumar Dalal
    • Reetu Sharma
    • Kamal Kishore Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shilpa Medicare Limited is 12-6-214/A1, Hyderabad Road India, Raichur, Karnataka, 584135.

  • The corporate identification number (CIN) of Shilpa Medicare Limited is L85110KA1987PLC008739 and the company number is 008739 as per Ministry of Corporate Affairs (MCA).

  • Yes, Shilpa Medicare Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SHILPAMED.

  • The Official website of Shilpa Medicare Limited is https://www.vbshilpa.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shilpa Medicare Limited has fallen by -53.97%.

  • As Per 2022 financial reports, 930 employees are currently employed by Shilpa Medicare Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shilpa Medicare Limited has experienced an upsurge of 26.12%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shilpa Medicare Limited amount to ₹ 572.80 Cr.

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

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