Bal Pharma Ltd Company Profile: Products, Promoters and Clients
Bal Pharma Ltd Company Description
Founded in 1987, Bal Pharma Ltd specializes in the manufacturing and sale of pharmaceutical products and related services.
Finding multibagger stocks is important for building wealth. Discover potential multibaggers at Sovrenn Discovery
Q1.What are the Products and Service offerings of Bal Pharma Ltd?
Business Overview: Bal Pharma Ltd (BALPL) is a fully integrated pharmaceutical company with a focus on bulk drugs, prescription drugs, generics, pharma intermediates, and Ayurvedic products.
The company targets various therapeutic areas such as anti-diabetes, anti-histamine, anti-inflammatory, acne treatment, gastroenterology, cardiology, and dermatology. BALPL is one of the largest producers and exporters of Gliclazide, a medication used to treat type-2 diabetes.
Product Profile: BALPL's portfolio includes 22 APIs/intermediates and 200 finished dosage formulations across more than 20 therapeutic segments. Their products cover a wide range of therapeutic areas, including neuropsychiatry, cardiology, pain management, diabetes, gastrointestinal, gynecology, ophthalmology, dermatology, and anti-infectives.
Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at Sovrenn Education
Product Divisions:
- Multi Specialty Division: Known as Vibrant, this division focuses on various specialties such as anti-infectives, pain management, respiratory care, and women's health. Prominent brands include Aziwin, Balvibe, MNF, Ocium, and Monogesic Plus Gel.
- Glyduz Division: This division is dedicated to diabetic care products, with flagship brands like Diabend and the Diabend M Group.
- Bal Vedics Division: Integrating modern medicine with herbal/ayurvedic preparations, this division targets specific conditions like prostate enlargement, renal calculi, male infertility, and women's health. Notable brands are Stonex, Ashwamed, Prostowin, Suswas, Menoleap, and Ayursulin.
- Servetus Division: Focusing on cardiac care, this division's flagship brands are Secremet and Servace.
- Institutional Division: This division collaborates with top government bodies and hospitals through channel partners.
Q2.Who are the Promoters of Bal Pharma Ltd?
Mr. Shailesh Siroya is the Managing Director of the Company with marketing and finance aspects of the Company as his core focus areas. He has the experience of more than 30 years in the field of pharmaceuticals.
Also Read: Advance Petrochemicals Company Profile: Products, Promoters and Clients
Mr. Virupakshaya Himesh is the WholeTime Director of the Company with API Manufacturing and R&D aspects of the Company as his core focus areas. He has the experience of more than 34 years field of manufacturing of API and has served several reputed pharmaceutical Companies including Bal Pharma Limited.
Q3.Who are the Clients of Bal Pharma Ltd?
Export Countries:
a) APIs:
Europe, Australia, Japan, the Far East, Canada, Latin America, Africa, Middle East
b) FDFs:
These are exported to a Semi-regulated market, besides having a domestic presence.
The company earns 66% through the domestic market and 44% through the means of exports.
The names of the customers were not publicly mentioned.
Also Read: Axita Cotton Ltd Company Profile:Products,Promoters and Clients