About Alivus Life Sciences Limited
Data last updated: 28 September 2026
Alivus Life Sciences Limited is a public limited company based in Solapur, Maharashtra, India, a subsidiary of Nirma Limited. It specialises in api manufacturers, a part of the broader pharmaceuticals sector. Incorporated on 23 June 2011, the company has been in operation for over 15 years.
Registered with ROC Pune under CIN L74900PN2011PLC139963. Listed on BSE: 543322 and NSE: GLS.
Capital: an authorised share capital of ₹46 Cr and a paid-up capital of ₹24.55 Cr. Formerly known as Zorg Laboratories Private Limited and Glenmark Life Sciences Private Limited. It is led by directors including Yasir Yusufali Rawjee and Taruvai Laxminarayanan Easwar.
Last AGM: 08 September 2025. Financial statements filed for year ended 31 March 2025. Office: Solapur, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹2,551.83 Cr, a growth of 6.91% compared to the previous year. The net worth stands at ₹3,332.14 Cr (up 18.27% YoY). Total assets are valued at ₹3,425.05 Cr (up 18.41% YoY).
The company has a workforce of approximately 2,021 employees as per the latest available data. It operates as a subsidiary of Nirma Limited.
The company is associated with 2 brands - Glenmark Life Sciences, Alivus.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glenmarklifesciences.com.
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Registered AddressPlot No 170 – 172 Chandramouli Industrial Estate Mohol Ba, Zarpeth, Solapur, Maharashtra, India – 413213
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IndustryPharma, API Manufacturers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Alivus Life Sciences Limited
Alivus Life Sciences Limited has undergone 2 name changes throughout its history. The company was previously known as Zorg Laboratories Private Limited, and Glenmark Life Sciences Private Limited. The current legal name is Alivus Life Sciences Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Alivus Life Sciences Limited | Current |
| Zorg Laboratories Private Limited | Previous |
| Glenmark Life Sciences Private Limited | Previous |
CIN History of Alivus Life Sciences Limited
Alivus Life Sciences Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74900PN2011PLC139963, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74900PN2011PLC139963 | Current |
| U74900PN2011PTC139963 | Previous |
| U74900PN2011PLC139963 | Previous |
Associated Brands with Alivus Life Sciences Limited
Alivus Life Sciences Limited operates two associated brands: Glenmark Life Sciences and Alivus. These brands represent Alivus Life Sciences Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| API manufacturing is provided by the CDMO in India. | glenmarklifesciences.com | |
| High-value APIs are developed and manufactured for global partners. | alivus.com |
Competitors & Alternatives of Alivus Life Sciences Limited
Brands and companies operating in the same space as Alivus Life Sciences Limited include Laurus Labs, Symbiotec, Beijing Biostar Technologies and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Pharmaceutical and biotechnology company | Hyderabad, India, India | 2005 |
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Non-sterile steroid hormone-based APIs and intermediates are manufactured. | Indore, India, India | 2002 |
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APIs, intermediates, and biochemical reagents are developed and manufactured. | Beijing, China, China | 2002 |
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Contract development, manufacturing, and analytical services for APIs are offered. | Dudley, United Kingdom, United Kingdom | 2016 |
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APIs and drug products are developed and valorized in pharmaceuticals. | Marseille, France, France | 1998 |
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APIs and intermediates are produced via custom synthesis and research. | Mumbai, India, India | 1988 |
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Drug discovery and development service provider | Cambridge, United States, United States | 2014 |
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APIs are developed and manufactured for therapeutic areas. | Bengaluru, India, India | 2002 |
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Pharmaceuticals, APIs, and radiopharmaceuticals are manufactured by the company. | Noida, India, India | 1978 |
Business Activity of Alivus Life Sciences Limited
Alivus Life Sciences Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Alivus Life Sciences Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Alivus Life Sciences Limited
Alivus Life Sciences Limited is audited by Walker Chandiok & Co LLP for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Walker Chandiok & Co LLP | Locked | Locked | Locked |
Complete auditor history for Alivus Life Sciences Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Alivus Life Sciences Limited
Alivus Life Sciences Limited is currently managed by 7 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yasir Yusufali Rawjee | Managing Director | 26 Sep 2019 | 7 Years 0 Months | Current |
| Taruvai Laxminarayanan Easwar | Director | 08 Mar 2021 | 5 Years 6 Months | Current |
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Manju Agarwal
Also directs:
Gulf Oil Lubricants India Limited, Gocl Corporation Limited, Polycab India Limited and 5 more
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Director | 08 Mar 2021 | 5 Years 6 Months | Current |
| Vinod Naik | Whole-Time Director | 21 Oct 2022 | 3 Years 11 Months | Current |
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Savan Rashmikant Godiawala
Also directs:
Carysil Limited, Elecon Engineering Company Limited, Arvind Smartspaces Limited and 2 more
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Director | 25 Apr 2024 | 2 Years 5 Months | Current |
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Kaushikbhai Nandubhai Patel
Also directs:
Nuvoco Vistas Corporation Limited, Nirma Limited
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Director | 06 Mar 2024 | 2 Years 6 Months | Current |
Financials of Alivus Life Sciences Limited FY 2025-26 filings available
Alivus Life Sciences Limited reported revenue of ₹2,551.83 Cr (up 6.91% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,552 | 2,387 | 2,283 | 2,161 | 2,123 | 1,885 | 1,537 |
| Revenue growth | +4.5% | +5.9% | +5.9% | +0.8% | +16.5% | +21.5% | +66.8% |
| EBITDA | 772 | 683 | 674 | 642 | 616 | 591 | 472 |
| EBITDA margin | +30.2% | +28.6% | +29.5% | +29.7% | +29.0% | +31.4% | +30.7% |
| Profit before tax | 751 | 654 | 631 | 629 | 565 | 471 | 421 |
| Net profit | 550 | 478 | 471 | 467 | 419 | 352 | 314 |
| Net profit margin | +21.5% | +20.0% | +20.7% | +21.6% | +19.8% | +18.7% | +20.4% |
| EPS (₹) | 45.99 | 39.63 | 38.43 | 38.11 | 34.17 | 358.76 | 1,597.44 |
| Balance sheet | |||||||
| Total assets | 3,425 | 2,893 | 2,365 | 2,165 | 2,057 | 753 | 402 |
| Net worth | 3,332 | 2,817 | 2,332 | 2,138 | 2,054 | 753 | 402 |
| Total debt | 56.77 | 56.61 | 17.15 | 19.36 | 2.88 | 0.00 | 0.02 |
| Cash & bank | 2.13 | 71.24 | 302 | 309 | 512 | 116 | 10.00 |
| Net working capital | 1,369 | 1,393 | 1,480 | 1,356 | 1,382 | 178 | (147) |
| Cash flow | |||||||
| Cash from operations | 565 | 392 | 414 | 306 | 598 | 388 | 195 |
| Cash from investing | (570) | (616) | (116) | (147) | (122) | (68.73) | (50.52) |
| Cash from financing | (64.34) | (6.23) | (279) | (388) | (78.80) | (214) | (137) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 640 | 689 | 673 | 588 | 602 | 650 | 642 | 507 |
| Revenue growth (YoY) | +6.4% | +6.1% | +4.8% | +16.0% | +2.3% | +21.1% | +12.1% | -14.9% |
| Other income | 22.40 | 22.78 | 13.93 | 14.72 | 8.99 | 10.09 | 10.46 | 8.53 |
| Total expenses | 429 | 475 | 467 | 409 | 430 | 451 | 452 | 373 |
| EBITDA | 212 | 215 | 206 | 179 | 172 | 198 | 190 | 134 |
| EBITDA margin | +33.1% | +31.1% | +30.6% | +30.5% | +28.6% | +30.6% | +29.6% | +26.5% |
| Depreciation | 20.59 | 20.20 | 19.66 | 18.44 | 17.06 | 15.97 | 15.16 | 15.09 |
| Interest | 1.31 | 1.31 | 1.49 | 1.32 | 1.25 | 1.26 | 0.46 | 0.34 |
| Profit before tax | 212 | 216 | 198 | 174 | 163 | 191 | 185 | 127 |
| Tax | 52.14 | 53.14 | 48.13 | 44.11 | 41.45 | 49.43 | 48.19 | 32.14 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 640 | 689 | 673 | 588 | 602 | 650 | 642 | 507 |
| Revenue growth (YoY) | +6.4% | +6.1% | +4.8% | +16.0% | +2.3% | +21.1% | +12.1% | -14.9% |
| Other income | 22.40 | 22.78 | 13.93 | 14.72 | 8.99 | 10.09 | 10.46 | 8.53 |
| Total expenses | 429 | 475 | 467 | 409 | 430 | 451 | 452 | 373 |
| EBITDA | 212 | 215 | 206 | 179 | 172 | 198 | 190 | 134 |
| EBITDA margin | +33.1% | +31.1% | +30.6% | +30.5% | +28.6% | +30.6% | +29.6% | +26.5% |
| Depreciation | 20.59 | 20.20 | 19.66 | 18.44 | 17.06 | 15.97 | 15.16 | 15.09 |
| Interest | 1.31 | 1.31 | 1.49 | 1.32 | 1.25 | 1.26 | 0.46 | 0.34 |
| Profit before tax | 212 | 216 | 198 | 174 | 163 | 191 | 185 | 127 |
| Tax | 52.14 | 53.14 | 48.13 | 44.11 | 41.45 | 49.43 | 48.19 | 32.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,552 | 2,387 | 2,283 | 2,161 | 2,123 | 1,885 | 1,537 |
| Revenue growth | +4.5% | +5.9% | +5.9% | +0.8% | +16.5% | +21.5% | +66.8% |
| Other income | 60.41 | 34.57 | 12.04 | 28.96 | 14.70 | 0.81 | 11.99 |
| Total expenses | 1,780 | 1,704 | 1,609 | 1,519 | 1,507 | 1,294 | 1,065 |
| Employee cost | 272 | 252 | 258 | 180 | 169 | 149 | 142 |
| EBITDA | 772 | 683 | 674 | 642 | 616 | 591 | 472 |
| EBITDA margin | +30.2% | +28.6% | +29.5% | +29.7% | +29.0% | +31.4% | +30.7% |
| Depreciation | 75.36 | 60.61 | 53.45 | 42.09 | 37.88 | 33.39 | 29.37 |
| Interest | 5.37 | 2.41 | 1.55 | 0.55 | 27.96 | 87.55 | 33.52 |
| Profit before tax | 751 | 654 | 631 | 629 | 565 | 471 | 421 |
| Tax | 187 | 168 | 160 | 162 | 146 | 119 | 108 |
| Net profit | 550 | 478 | 471 | 467 | 419 | 352 | 314 |
| Net profit margin | +21.5% | +20.0% | +20.7% | +21.6% | +19.8% | +18.7% | +20.4% |
| EPS (₹) | 45.99 | 39.63 | 38.43 | 38.11 | 34.17 | 358.76 | 1,597.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 24.55 | 24.51 | 24.51 | 24.51 | 24.51 | 1.96 | 1.96 |
| Reserves & surplus | 3,308 | 2,793 | 2,308 | 2,114 | 2,030 | 751 | 400 |
| Shareholders' funds (net worth) | 3,332 | 2,817 | 2,332 | 2,138 | 2,054 | 753 | 402 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 56.77 | 56.61 | 17.15 | 19.36 | 2.88 | 0.00 | 0.02 |
| Total debt | 56.77 | 56.61 | 17.15 | 19.36 | 2.88 | 0.00 | 0.02 |
| Total liabilities | 3,425 | 2,893 | 2,365 | 2,165 | 2,057 | 753 | 402 |
| Assets | |||||||
| Gross block | 1,367 | 1,219 | 1,012 | 936 | 711 | 652 | 595 |
| Net block | 1,038 | 955 | 805 | 781 | 595 | 573 | 546 |
| Capital work in progress | 284 | 102 | 106 | 61.62 | 91.69 | 14.10 | 10.73 |
| Investments | 780 | 478 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 |
| Inventories | 692 | 674 | 667 | 604 | 516 | 513 | 413 |
| Sundry debtors | 1,073 | 970 | 765 | 807 | 673 | 620 | 639 |
| Cash & bank balances | 2.13 | 71.24 | 302 | 309 | 512 | 116 | 10.00 |
| Loans & advances | 102 | 143 | 182 | 130 | 62.69 | 151 | 98.71 |
| Total current assets | 1,869 | 1,858 | 1,916 | 1,850 | 1,765 | 1,399 | 1,160 |
| Total current liabilities | 500 | 465 | 436 | 494 | 382 | 1,221 | 1,307 |
| Net working capital | 1,369 | 1,393 | 1,480 | 1,356 | 1,382 | 178 | (147) |
| Total assets | 3,425 | 2,893 | 2,365 | 2,165 | 2,057 | 753 | 402 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 71.06 | 301 | 284 | 512 | 116 | 10.00 | 2.06 |
| Net cash from operating activities | 565 | 392 | 414 | 306 | 598 | 388 | 195 |
| Net cash from investing activities | (570) | (616) | (116) | (147) | (122) | (68.73) | (50.52) |
| Net cash from financing activities | (64.34) | (6.23) | (279) | (388) | (78.80) | (214) | (137) |
| Net change in cash | (69.08) | (230) | 17.59 | (228) | 397 | 106 | 7.94 |
| Closing cash | 2.13 | 71.24 | 302 | 309 | 512 | 116 | 10.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +6.9% | +4.5% | +5.6% | +1.8% | +12.6% | +22.6% | +73.4% |
| EBITDA growth | +13.0% | +1.2% | +5.0% | +4.3% | +4.2% | +25.2% | +90.5% |
| PBT growth | +14.9% | +3.6% | +0.4% | +11.3% | +20.0% | +11.9% | +84.4% |
| Net income growth | +14.9% | +1.5% | +0.9% | +11.5% | +19.1% | +12.1% | +60.1% |
| Revenue CAGR (3Y) | +5.7% | +4.0% | +6.6% | +12.0% | +33.8% | +1861.0% | - |
| EBITDA CAGR (3Y) | +6.3% | +3.5% | +4.5% | +10.8% | +35.5% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +22.1% | +20.4% | +20.6% | +21.6% | +19.7% | +18.7% | +20.4% |
| Return on capital employed | +24.0% | +25.0% | +27.9% | +29.8% | +42.2% | +96.8% | +185.6% |
| Return on net worth | +18.4% | +18.9% | +21.1% | +22.3% | +29.8% | +60.9% | +127.8% |
| Debt / equity | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.02 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.77 | 0.39 | 0.25 | 0.09 | 4.84 | 15.70 | 7.57 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.97 | 2.14 | 2.34 | 2.62 | 3.12 | 3.02 | 2.87 |
| Inventory turnover | 3.74 | 3.56 | 3.59 | 3.86 | 4.12 | 4.07 | 3.78 |
| Debtors turnover | 2.50 | 2.75 | 2.90 | 2.92 | 3.28 | 3.00 | 2.83 |
| EPS (₹) | 45.99 | 39.63 | 38.43 | 38.11 | 34.17 | 358.76 | 1,597.44 |
| Dividend per share (₹) | 5.00 | 5.00 | 22.50 | 42.00 | 21.00 | 0.00 | 0.00 |
| Book value per share (₹) | 271.49 | 229.92 | 190.35 | 174.51 | 167.66 | 768.11 | 2,049.45 |
Shareholding Pattern of Alivus Life Sciences Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 74.90%, foreign institutional investors hold 5.50%, domestic institutional investors hold 7.20%, retail and other public shareholders hold 12.40% of Alivus Life Sciences Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 74.90% | 74.90% | 74.90% | 74.90% |
| Public | 25.10% | 25.10% | 25.10% | 25.10% |
Charges & Borrowings Alivus Life Sciences Limited
Alivus Life Sciences Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Alivus Life Sciences Limited
Alivus Life Sciences Limited has a workforce of 2,021 employees as of Feb 28, 2025.
Employee and EPFO history for Alivus Life Sciences Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Alivus Life Sciences Limited
GST registrations and filing compliance for Alivus Life Sciences Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
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Credit Ratings, Litigation & Regulatory Alerts for Alivus Life Sciences Limited
Credit ratings, litigation, and regulatory alerts for Alivus Life Sciences Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
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MSME Payment Delays by Alivus Life Sciences Limited
MSME payment history for Alivus Life Sciences Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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Subsidiaries & Group Companies of Alivus Life Sciences Limited
Corporate group structure for Alivus Life Sciences Limited
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MCA Filings & Documents of Alivus Life Sciences Limited
MCA filings and documents for Alivus Life Sciences Limited
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Recent Activity on Alivus Life Sciences Limited
Recent News on Alivus Life Sciences Limited
Frequently Asked Questions about Alivus Life Sciences Limited
Alivus Life Sciences Limited is an active public limited company in the pharma sector based in Solapur, Maharashtra, India. It was incorporated on 23 June 2011 (15+ years old) and is registered under CIN L74900PN2011PLC139963. Listed on BSE: 543322 and NSE: GLS. The company has 2,021 employees.
Alivus Life Sciences Limited reported revenue of ₹2,551.83 Cr for FY 2025-26 (up 6.91% YoY) based on standalone financials.
The current directors of Alivus Life Sciences Limited are:
- Yasir Yusufali Rawjee - Managing Director
- Taruvai Laxminarayanan Easwar - Director
- Manju Agarwal - Director
- Vinod Naik - Whole-Time Director
- Savan Rashmikant Godiawala - Director
- Kaushikbhai Nandubhai Patel - Director
- Hiren Karsanbhai Patel - Director
The primary industry of Alivus Life Sciences Limited is pharma. The company specifically operates in api manufacturers. The company is currently active in this sector.
Yes. Alivus Life Sciences Limited is listed on both BSE (code: 543322) and NSE (symbol: GLS).
Alivus Life Sciences Limited can be reached at the registered office: Plot No 170 – 172 Chandramouli Industrial Estate Mohol Ba, Zarpeth, Solapur, Maharashtra, India – 413213, or through the website glenmarklifesciences.com.