- Valuation
- ₹42,700 Cr
- 1-year change
- +185%
About Anthem Biosciences
Anthem Biosciences is a publicly listed company based in Bengaluru (India) founded in 2007 by Ravindra K C, Ganesh Sambashivam, and Ajay Bharadwaj. Anthem Biosciences has raised $35.74 million across 4 funding rounds from investors including Department of Biotechnology, True North and Portsmouth Technologies Trials Unit. The company has 1,820 employees. Anthem Biosciences was last valued at $999.08 million in March 2021. Its chief executive, as recorded, is Ajay Bharadwaj. Its Indian entity Anthem Biosciences Limited reported revenue of βΉ2,280 Cr. Anthem Biosciences offers products and services including Chemistry Services, Biology Services, and Biologics Services. Its focus areas include Biopharma Outsourcing, CDMO and Diversified. Its competitors include Syngene, Piramal Group and Panacea Biotec; 1 of its 3 listed competitors has raised funding.
Company details
Developer of integrated contract research development and manufacturing services. The company offers endtoend drug discovery, development and manufacturing support for small molecules, biologics and nutritional actives. It provides medicinal chemistry, process synthesis, analytical RD, toxicology and GLP preclinical testing under one roof. Services include microbial screening, protein expression, peptide synthesis, antibody drug conjugates and fermentation scaleup capable from milligram to tonne volumes. The infrastructure includes cGMP kilolabs, pilot manufacturing and AAALAC accredited vivarium for in vitro and in vivo studies. Quality control, regulatory compliance and analytical method development are embedded as part of the scientific service portfolio.
Recognitions & Rankings of Anthem Biosciences
- Headquarters Bengaluru, India
- Employees 1,820
- Founders Ravindra K C, Ganesh Sambashivam, Ajay Bharadwaj
- Stage Public
- SectorsHealthcare
- Website category Health · Biotechnology and Pharmaceuticals
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website anthembio.com
- Social LinkedIn X Facebook
- Legal Name Anthem Biosciences Limited
- Market Cap₹45,788 Cr
ANTHEM · NSE
- Share Price₹813.95
+0.14% today
- Revenue₹2,124 Cr
FY 2025-26 · +15.2% YoY
- EBITDA₹810 Cr
Margin 38.1%
- Net Profit₹607 Cr
FY 2025-26 · +34.5% YoY
- P/E (TTM)76.5x
P/B 14.9x
- ROE21.7%
ROCE 29.3%
- Debt / Equity0.03
Interest cover 1.1x
- Total Equity Funding$35.74M (USD)
in 4 rounds
- Latest Funding Round$33.41M (USD), Series A
Mar 2021
- InvestorsDepartment of Biotechnology
& 3 more
- Employee Count1,820
Associated legal entities of Anthem Biosciences
Anthem Biosciences is associated with 4 registered companies on The Company Check; the primary company is Anthem Biosciences Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Anthem Biosciences Limited Listed CIN L24233KA2006PLC039703 | Active | 13 Jun 2006 | Bangalore, Karnataka | ₹2,280 Cr | 1,876 | 11 | View details |
| Anthem Bio Pharma Private Limited CIN U24232KA2009PTC051551 | Active | 19 Nov 2009 | Bangalore, Karnataka | ₹43.1 Cr | 173 | 2 | View details |
| Anthem Cellutions ( India) Private Limited CIN U85110KA1991PTC012478 | Amalgamated | 06 Nov 1991 | Bangalore, Karnataka | ₹91.3 Cr | 93 | 4 | View details |
| Anthem Biosciences Private Limited CIN U24233KA2006PLC039703 | Active | 13 Jun 2006 | Bangalore, Karnataka, India | View details |
Products & Services of Anthem Biosciences
Anthem Biosciences offers a comprehensive portfolio of products and services, including Chemistry Services, Biology Services, and Biologics Services.
Provides chemical discovery and development for life sciences applications.
Offers gene design and biologics manufacturing for health innovations.
Delivers biologics production with quality and compliance focus.
Funding Insights of Anthem Biosciences
Anthem Biosciences has successfully raised a total of $35.74M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $33.41 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $35.74M
- Total Rounds 4
- Last Round Series A β $33.41M
- First Round $577,392
(May 2008)
- Investors Count 4
All 4 funding rounds of Anthem Biosciences with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2021 | $33.41M | Series A | $999.08M | True North | β |
| Nov 2016 | $1.75M | Seed | $32.11B | Portsmouthtechnologiestrialsunit | β |
| Jun 2012 | Grant | β | β | ||
| May 2008 | $577,392 | Seed | $β’β’β’β’β’ | Portsmouthtechnologiestrialsunit |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2021 | $999.08M | β’β’β’β’β’β’β’β’ |
| Nov 2016 | $32.11B | β’β’β’β’β’β’β’β’ |
| May 2008 | $β’β’β’β’β’ | β’β’β’β’β’β’β’β’ |
Full valuation and stage history of Anthem Biosciences
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $999.08M (Mar 2021). 4 investors in total: 3 institutional and 1 angel.
Investors in Anthem Biosciences
Anthem Biosciences has secured backing from 4 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Department of Biotechnology, True North and Portsmouth Technologies Trials Unit.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity is invested by True North in mid-market companies. | truenorth.co.in | Mumbai, India | ||
Research in healthcare technologies is supported by this unit. | 2018 | portsmouthtechnologiestrialsunit.org.uk | Portsmouth, United Kingdom | |
Biotechnology research, guidelines, and funding by the Government of India. | 1986 | dbtindia.gov.in | Delhi, India | |
MR Muppala Raju | unknown_09ec73f6984148e7b |
Investor details for Anthem Biosciences
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Anthem Biosciences Limited (Anthem Biosciences)
Anthem Biosciences Limited is the primary company behind Anthem Biosciences. The boards of the 3 registered companies of Anthem Biosciences currently have 9 directors; the longest-serving is Ganesh Sambasivam, appointed in 2006. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ganesh Sambasivam DIN 01469963 | Director | 09 Nov 2006 | 19 yrs 11 mo | Anthem Cellutions ( India) Private Limited, Anthem Biosciences Limited |
| Ajay Bhardwaj DIN 00333704 | Managing Director | 09 Nov 2006 | 19 yrs 11 mo | Anthem Cellutions ( India) Private Limited, Anthem Bio Pharma Private Limited, Anthem Biosciences Limited |
| K Ravindra Chandrappa DIN 01580534 | Director | 09 Nov 2006 | 19 yrs 11 mo | Anthem Cellutions ( India) Private Limited, Anthem Biosciences Limited |
| Malay Barua Jiban DIN 02324987 | Director | 17 Jan 2019 | 7 yrs 9 mo | Anthem Bio Pharma Private Limited |
| Satish Chander Subbanna DIN 02849420 | Nominee Director | 09 Apr 2021 | 5 yrs 6 mo | Anthem Biosciences Limited |
| Shubha Kulkarni DIN 03551350 | Director | 27 Sep 2024 | 2 yrs | Anthem Biosciences Limited |
| Ramadurai Ramesh DIN 07109252 | Director | 27 Sep 2024 | 2 yrs | Anthem Biosciences Limited |
| Subramanian Madhavan DIN 06451889 | Director | 27 Sep 2024 | 2 yrs | Anthem Biosciences Limited |
| Ravikant Uppal DIN 00025970 | Director | 27 Sep 2024 | 2 yrs | Anthem Biosciences Limited |
People of Anthem Biosciences
8 people are tracked at Anthem Biosciences (4 in leadership, 4 in team); the tracked headcount is 1,820.
| Name | Role | Group |
|---|---|---|
Ravindra K C | Co-Founder & COO | Leadership |
Ganesh Sambashivam | Co-Founder & CSO | Leadership |
Ajay Bharadwaj | Co-Founder & CEO | Leadership |
Gawir Baig | Chief Financial Officer | Leadership |
Krithika Sm | Senior Executive | Team |
Dhinagaran S | Senior Executive | Team |
Narendra Kumar Thakshinamoorthy | Senior Executive | Team |
Karthi P | Senior Executive | Team |
Complete people profiles for Anthem Biosciences
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Anthem Biosciences
Anthem Biosciences is a publicly listed company on the NSE with ticker symbol ANTHEM in India, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date21 Jul 2025
- Listed onNSE: ANTHEM · BSE: 544449
- Listed entityAnthem Biosciences Limited
- Exchange sectorHealth technology
- ISININE0CZ201020
- Share price₹847.75 (-2.57% on the day) · 2026-10-14
- Market capitalisation₹49,047 Cr
- Price to earnings83.5
- EPS (diluted, trailing year)₹10.15
- Dividend yield0.23%
- Volume (last session)544,948
Financials of Anthem Biosciences
Exchange-reported figures of Anthem Biosciences Limited, the listed company behind Anthem Biosciences (NSE: ANTHEM).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue 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 | 2,124 | 1,845 | 1,419 | 1,057 | 1,231 | 1,103 | 633 |
| Revenue growth | +15.2% | +30.0% | +34.3% | -14.2% | +11.6% | +74.4% | - |
| EBITDA | 810 | 671 | 505 | 431 | 565 | 408 | 182 |
| EBITDA margin | +38.1% | +36.4% | +35.6% | +40.8% | +45.9% | +37.0% | +28.8% |
| Profit before tax | 824 | 657 | 477 | 497 | 546 | 366 | 121 |
| Net profit | 607 | 452 | 368 | 344 | 406 | 271 | 92.64 |
| Net profit margin | +28.6% | +24.5% | +25.9% | +32.6% | +33.0% | +24.6% | +14.6% |
| EPS (βΉ) | 10.54 | 8.07 | 6.57 | 6.75 | 462.08 | 319.75 | 110.63 |
| Balance sheet | |||||||
| Total assets | 3,129 | 2,545 | 2,182 | 1,880 | 1,425 | 829 | 604 |
| Net worth | 3,043 | 2,410 | 1,925 | 1,741 | 1,355 | 701 | 422 |
| Total debt | 53.93 | 113 | 239 | 126 | 35.49 | 100 | 159 |
| Cash & bank | 275 | 172 | 184 | 343 | 349 | 40.77 | 22.43 |
| Net working capital | 837 | 913 | 806 | 696 | 631 | 202 | 121 |
| Cash flow | |||||||
| Cash from operations | 844 | 271 | 140 | 306 | 333 | 278 | 166 |
| Cash from investing | (702) | (147) | (221) | (376) | (205) | (196) | (109) |
| Cash from financing | (40.00) | (136) | (77.18) | 63.97 | 181 | (63.27) | (47.63) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 418 | 611 | 423 | 550 | 540 | 483 | 498 | 525 |
| Revenue growth (YoY) | -22.6% | +26.4% | -15.0% | +4.8% | +59.6% | - | - | - |
| Other income | 24.89 | 52.19 | 33.53 | 48.23 | 22.81 | 14.06 | 24.37 | 27.85 |
| EBITDA | 151 | 267 | 132 | 218 | 191 | 195 | 160 | 195 |
| EBITDA margin | +36.0% | +43.7% | +31.2% | +39.6% | +35.4% | +40.4% | +32.0% | +37.2% |
| Depreciation | 29.99 | 39.59 | 34.53 | 33.50 | 26.45 | 30.42 | 20.28 | 19.99 |
| Interest | 0.89 | 1.90 | 0.35 | 3.03 | 1.61 | 0.52 | 2.55 | 3.55 |
| Profit before tax | 145 | 278 | 130 | 230 | 186 | 178 | 161 | 200 |
| Tax | 24.64 | 88.16 | 37.66 | 56.17 | 50.46 | 95.69 | 36.71 | 37.60 |
| Net profit | 120 | 190 | 92.82 | 173 | 136 | 82.63 | 124 | 162 |
| EPS (βΉ) | 2.11 | 3.34 | 1.64 | 3.09 | 2.42 | 1.47 | 0.00 | 2.84 |
| 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 | 2,089 | 1,841 | 1,418 | 1,057 | 1,231 | 1,103 | 633 |
| Revenue growth | +13.5% | +29.9% | +34.1% | -14.2% | +11.6% | +74.4% | - |
| EBITDA | 827 | 689 | 505 | 431 | 565 | 408 | 182 |
| EBITDA margin | +39.6% | +37.4% | +35.6% | +40.8% | +45.9% | +37.0% | +28.8% |
| Profit before tax | 903 | 711 | 485 | 498 | 547 | 366 | 121 |
| Net profit | 686 | 506 | 375 | 345 | 406 | 271 | 92.64 |
| Net profit margin | +32.9% | +27.5% | +26.5% | +32.6% | +33.0% | +24.6% | +14.6% |
| EPS (βΉ) | 11.94 | 9.05 | 6.70 | 6.76 | 462.60 | 319.76 | 110.63 |
| Balance sheet | |||||||
| Total assets | 3,266 | 2,608 | 2,125 | 1,870 | 1,426 | 829 | 604 |
| Net worth | 3,185 | 2,473 | 1,933 | 1,742 | 1,355 | 701 | 422 |
| Total debt | 50.03 | 113 | 173 | 115 | 35.49 | 100 | 159 |
| Cash & bank | 270 | 166 | 184 | 343 | 349 | 40.62 | 22.43 |
| Net working capital | 761 | 875 | 787 | 703 | 631 | 202 | 121 |
| Cash flow | |||||||
| Cash from operations | 889 | 300 | 164 | 319 | 333 | 278 | 166 |
| Cash from investing | (742) | (250) | (192) | (378) | (206) | (196) | (109) |
| Cash from financing | (43.55) | (68.47) | (132) | 52.85 | 181 | (63.27) | (47.63) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 384 | 582 | 417 | 552 | 538 | 479 | 498 | 525 |
| Revenue growth (YoY) | -28.7% | +21.6% | -16.4% | +5.2% | +58.9% | - | - | - |
| Other income | 28.60 | 61.60 | 39.92 | 53.80 | 27.73 | 37.82 | 24.34 | 27.83 |
| Total expenses | 253 | 316 | 279 | 327 | 343 | 281 | 331 | 324 |
| EBITDA | 131 | 267 | 138 | 226 | 195 | 198 | 167 | 201 |
| EBITDA margin | +34.1% | +45.8% | +33.1% | +40.9% | +36.3% | +41.4% | +33.5% | +38.3% |
| Depreciation | 22.31 | 26.28 | 26.75 | 23.92 | 22.61 | 20.99 | 19.50 | 19.11 |
| Interest | 0.76 | 1.58 | 1.13 | 2.23 | 1.61 | 2.10 | 1.79 | 2.56 |
| Profit before tax | 136 | 301 | 150 | 253 | 199 | 213 | 170 | 207 |
| Tax | 34.36 | 89.06 | 37.99 | 54.87 | 50.60 | 90.27 | 41.91 | 36.67 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 418 | 611 | 423 | 550 | 540 | 483 | 498 | 525 |
| Revenue growth (YoY) | -22.6% | +26.4% | -15.0% | +4.8% | +59.6% | - | - | - |
| Other income | 24.89 | 52.19 | 33.53 | 48.23 | 22.81 | 14.06 | 24.37 | 27.85 |
| EBITDA | 151 | 267 | 132 | 218 | 191 | 195 | 160 | 195 |
| EBITDA margin | +36.0% | +43.7% | +31.2% | +39.6% | +35.4% | +40.4% | +32.0% | +37.2% |
| Depreciation | 29.99 | 39.59 | 34.53 | 33.50 | 26.45 | 30.42 | 20.28 | 19.99 |
| Interest | 0.89 | 1.90 | 0.35 | 3.03 | 1.61 | 0.52 | 2.55 | 3.55 |
| Profit before tax | 145 | 278 | 130 | 230 | 186 | 178 | 161 | 200 |
| Tax | 24.64 | 88.16 | 37.66 | 56.17 | 50.46 | 95.69 | 36.71 | 37.60 |
| Net profit | 120 | 190 | 92.82 | 173 | 136 | 82.63 | 124 | 162 |
| EPS (βΉ) | 2.11 | 3.34 | 1.64 | 3.09 | 2.42 | 1.47 | 0.00 | 2.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,124 | 1,845 | 1,419 | 1,057 | 1,231 | 1,103 | 633 |
| Revenue growth | +15.2% | +30.0% | +34.3% | -14.2% | +11.6% | +74.4% | - |
| Other income | 156 | 85.73 | 63.70 | 139 | 48.98 | 37.21 | 20.76 |
| Total expenses | 1,315 | 1,174 | 914 | 626 | 666 | 696 | 451 |
| Employee cost | 281 | 260 | 183 | 153 | 138 | 142 | 120 |
| EBITDA | 810 | 671 | 505 | 431 | 565 | 408 | 182 |
| EBITDA margin | +38.1% | +36.4% | +35.6% | +40.8% | +45.9% | +37.0% | +28.8% |
| Depreciation | 134 | 89.37 | 81.82 | 63.70 | 57.76 | 62.40 | 61.58 |
| Interest | 7.06 | 10.53 | 9.66 | 8.72 | 10.09 | 16.97 | 20.43 |
| Profit before tax | 824 | 657 | 477 | 497 | 546 | 366 | 121 |
| Tax | 232 | 206 | 110 | 112 | 141 | 94.27 | 27.96 |
| Net profit | 607 | 452 | 368 | 344 | 406 | 271 | 92.64 |
| Net profit margin | +28.6% | +24.5% | +25.9% | +32.6% | +33.0% | +24.6% | +14.6% |
| EPS (βΉ) | 10.54 | 8.07 | 6.57 | 6.75 | 462.08 | 319.75 | 110.63 |
| 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 | 112 | 112 | 112 | 114 | 8.78 | 8.48 | 8.38 |
| Reserves & surplus | 2,930 | 2,298 | 1,813 | 1,627 | 1,346 | 693 | 413 |
| Shareholders' funds (net worth) | 3,043 | 2,410 | 1,925 | 1,741 | 1,355 | 701 | 422 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 51.07 | 109 | 151 | 116 | 35.49 | 100 | 101 |
| Unsecured loans | 2.86 | 4.36 | 87.79 | 9.83 | 0.00 | 0.00 | 57.52 |
| Total debt | 53.93 | 113 | 239 | 126 | 35.49 | 100 | 159 |
| Total liabilities | 3,129 | 2,545 | 2,182 | 1,880 | 1,425 | 829 | 604 |
| Assets | |||||||
| Gross block | 1,507 | 1,301 | 996 | 884 | 707 | 682 | 567 |
| Net block | 783 | 705 | 483 | 449 | 329 | 361 | 306 |
| Capital work in progress | 264 | 297 | 345 | 164 | 154 | 18.68 | 49.81 |
| Investments | 1,007 | 433 | 472 | 499 | 273 | 209 | 98.66 |
| Inventories | 125 | 340 | 211 | 129 | 58.23 | 35.06 | 125 |
| Sundry debtors | 591 | 450 | 490 | 274 | 326 | 255 | 105 |
| Cash & bank balances | 275 | 172 | 184 | 343 | 349 | 40.77 | 22.43 |
| Loans & advances | 148 | 213 | 136 | 83.96 | 91.55 | 76.20 | 51.39 |
| Total current assets | 1,138 | 1,176 | 1,022 | 830 | 825 | 407 | 304 |
| Total current liabilities | 300 | 263 | 216 | 135 | 194 | 205 | 184 |
| Net working capital | 837 | 913 | 806 | 696 | 631 | 202 | 121 |
| Total assets | 3,129 | 2,545 | 2,182 | 1,880 | 1,425 | 829 | 604 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 172 | 184 | 343 | 349 | 40.77 | 22.43 | 13.90 |
| Net cash from operating activities | 844 | 271 | 140 | 306 | 333 | 278 | 166 |
| Net cash from investing activities | (702) | (147) | (221) | (376) | (205) | (196) | (109) |
| Net cash from financing activities | (40.00) | (136) | (77.18) | 63.97 | 181 | (63.27) | (47.63) |
| Net change in cash | 103 | (12.08) | (158) | (6.06) | 308 | 18.34 | 8.53 |
| Closing cash | 275 | 172 | 184 | 343 | 349 | 40.77 | 22.43 |
| 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 | +15.2% | +30.0% | +34.3% | -14.2% | +11.6% | +74.4% | - |
| EBITDA growth | +20.7% | +32.9% | +17.2% | -23.8% | +38.6% | +124.1% | - |
| PBT growth | +25.5% | +37.6% | -4.0% | -8.9% | +49.4% | +203.0% | +9997.0% |
| Net income growth | +34.5% | +22.9% | +6.7% | -15.1% | +49.5% | +193.0% | - |
| Revenue CAGR (3Y) | +26.2% | +14.4% | +8.8% | +18.7% | - | - | - |
| EBITDA CAGR (3Y) | +23.4% | +5.9% | +7.4% | +33.3% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +27.9% | +24.5% | +25.9% | +36.4% | +32.9% | +24.6% | +14.7% |
| Return on capital employed | +29.3% | +28.2% | +24.0% | +27.4% | +49.4% | +53.4% | +23.4% |
| Return on net worth | +21.7% | +20.8% | +20.0% | +22.3% | +39.4% | +48.3% | +22.0% |
| Debt / equity | 0.03 | 0.08 | 0.10 | 0.05 | 0.07 | 0.23 | 0.38 |
| Long-term debt / equity | 0.01 | 0.04 | 0.06 | 0.03 | 0.01 | 0.10 | 0.23 |
| Interest cover | 1.05 | 1.81 | 2.28 | 2.38 | 1.99 | 4.91 | 16.98 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.51 | 1.61 | 1.51 | 1.33 | 1.77 | 1.77 | 1.12 |
| Inventory turnover | 9.14 | 6.69 | 8.33 | 11.26 | 26.40 | 13.75 | 5.05 |
| Debtors turnover | 4.08 | 3.92 | 3.71 | 3.52 | 4.24 | 6.13 | 6.02 |
| EPS (βΉ) | 10.54 | 8.07 | 6.57 | 6.75 | 462.08 | 319.75 | 110.63 |
| Dividend per share (βΉ) | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 54.16 | 43.10 | 34.43 | 30.51 | 1,543.93 | 826.75 | 503.43 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 384 | 582 | 417 | 552 | 538 | 479 | 498 | 525 |
| Revenue growth (YoY) | -28.7% | +21.6% | -16.4% | +5.2% | +58.9% | - | - | - |
| Other income | 28.60 | 61.60 | 39.92 | 53.80 | 27.73 | 37.82 | 24.34 | 27.83 |
| Total expenses | 253 | 316 | 279 | 327 | 343 | 281 | 331 | 324 |
| EBITDA | 131 | 267 | 138 | 226 | 195 | 198 | 167 | 201 |
| EBITDA margin | +34.1% | +45.8% | +33.1% | +40.9% | +36.3% | +41.4% | +33.5% | +38.3% |
| Depreciation | 22.31 | 26.28 | 26.75 | 23.92 | 22.61 | 20.99 | 19.50 | 19.11 |
| Interest | 0.76 | 1.58 | 1.13 | 2.23 | 1.61 | 2.10 | 1.79 | 2.56 |
| Profit before tax | 136 | 301 | 150 | 253 | 199 | 213 | 170 | 207 |
| Tax | 34.36 | 89.06 | 37.99 | 54.87 | 50.60 | 90.27 | 41.91 | 36.67 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,089 | 1,841 | 1,418 | 1,057 | 1,231 | 1,103 | 633 |
| Revenue growth | +13.5% | +29.9% | +34.1% | -14.2% | +11.6% | +74.4% | - |
| Other income | 182 | 109 | 70.52 | 139 | 48.98 | 37.21 | 20.76 |
| Total expenses | 1,262 | 1,151 | 913 | 626 | 666 | 696 | 451 |
| Employee cost | 262 | 252 | 183 | 153 | 138 | 142 | 120 |
| EBITDA | 827 | 689 | 505 | 431 | 565 | 408 | 182 |
| EBITDA margin | +39.6% | +37.4% | +35.6% | +40.8% | +45.9% | +37.0% | +28.8% |
| Depreciation | 99.57 | 77.94 | 81.49 | 63.70 | 57.76 | 62.40 | 61.58 |
| Interest | 6.71 | 9.29 | 9.26 | 8.71 | 10.09 | 16.97 | 20.43 |
| Profit before tax | 903 | 711 | 485 | 498 | 547 | 366 | 121 |
| Tax | 233 | 205 | 110 | 112 | 141 | 94.27 | 27.96 |
| Net profit | 686 | 506 | 375 | 345 | 406 | 271 | 92.64 |
| Net profit margin | +32.9% | +27.5% | +26.5% | +32.6% | +33.0% | +24.6% | +14.6% |
| EPS (βΉ) | 11.94 | 9.05 | 6.70 | 6.76 | 462.60 | 319.76 | 110.63 |
| 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 | 112 | 112 | 112 | 114 | 8.78 | 8.48 | 8.38 |
| Reserves & surplus | 3,072 | 2,361 | 1,821 | 1,628 | 1,347 | 693 | 413 |
| Shareholders' funds (net worth) | 3,185 | 2,473 | 1,933 | 1,742 | 1,355 | 701 | 422 |
| Secured loans | 47.17 | 109 | 167 | 105 | 35.49 | 100 | 101 |
| Unsecured loans | 2.86 | 4.36 | 5.99 | 9.83 | 0.00 | 0.00 | 57.52 |
| Total debt | 50.03 | 113 | 173 | 115 | 35.49 | 100 | 159 |
| Total liabilities | 3,266 | 2,608 | 2,125 | 1,870 | 1,426 | 829 | 604 |
| Assets | |||||||
| Gross block | 1,290 | 1,208 | 991 | 884 | 707 | 682 | 567 |
| Net block | 613 | 624 | 478 | 449 | 329 | 361 | 306 |
| Capital work in progress | 83.52 | 57.94 | 156 | 143 | 153 | 18.59 | 49.81 |
| Investments | 1,380 | 533 | 472 | 499 | 273 | 209 | 98.66 |
| Inventories | 119 | 339 | 211 | 129 | 58.23 | 35.06 | 125 |
| Sundry debtors | 573 | 448 | 490 | 274 | 326 | 255 | 105 |
| Cash & bank balances | 270 | 166 | 184 | 343 | 349 | 40.62 | 22.43 |
| Loans & advances | 63.91 | 150 | 101 | 80.47 | 90.81 | 76.20 | 51.39 |
| Total current assets | 1,026 | 1,103 | 986 | 827 | 824 | 407 | 304 |
| Total current liabilities | 265 | 228 | 200 | 123 | 193 | 205 | 184 |
| Net working capital | 761 | 875 | 787 | 703 | 631 | 202 | 121 |
| Total assets | 3,266 | 2,608 | 2,125 | 1,870 | 1,426 | 829 | 604 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 166 | 184 | 343 | 349 | 40.62 | 22.43 | 13.90 |
| Net cash from operating activities | 889 | 300 | 164 | 319 | 333 | 278 | 166 |
| Net cash from investing activities | (742) | (250) | (192) | (378) | (206) | (196) | (109) |
| Net cash from financing activities | (43.55) | (68.47) | (132) | 52.85 | 181 | (63.27) | (47.63) |
| Net change in cash | 104 | (17.60) | (159) | (6.07) | 308 | 18.19 | 8.53 |
| Closing cash | 270 | 166 | 184 | 343 | 349 | 40.62 | 22.43 |
| 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 | +13.5% | +29.9% | +34.1% | -14.2% | +11.6% | +74.4% | - |
| EBITDA growth | +20.0% | +36.5% | +17.2% | -23.8% | +38.7% | +124.1% | - |
| PBT growth | +26.9% | +46.8% | -2.6% | -8.9% | +49.5% | +203.0% | +6.1% |
| Net income growth | +35.6% | +35.1% | +8.8% | -15.1% | +49.6% | +193.0% | - |
| Revenue CAGR (3Y) | +25.5% | +14.3% | +8.7% | +18.7% | +25.3% | - | - |
| EBITDA CAGR (3Y) | +24.3% | +6.8% | +7.4% | +33.3% | +48.8% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +32.1% | +27.5% | +26.4% | +36.5% | +33.0% | +24.6% | +14.7% |
| Return on capital employed | +31.0% | +30.5% | +24.7% | +27.5% | +49.4% | +53.4% | +24.9% |
| Return on net worth | +23.7% | +23.0% | +20.4% | +22.3% | +39.5% | +48.3% | +24.6% |
| Debt / equity | 0.03 | 0.06 | 0.08 | 0.05 | 0.07 | 0.23 | 0.47 |
| Long-term debt / equity | 0.01 | 0.03 | 0.04 | 0.03 | 0.01 | 0.10 | 0.31 |
| Interest cover | 0.92 | 1.52 | 2.19 | 2.37 | 1.99 | 4.91 | 16.98 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.67 | 1.67 | 1.51 | 1.33 | 1.77 | 1.77 | 1.17 |
| Inventory turnover | 9.13 | 6.69 | 8.32 | 11.26 | 26.40 | 13.75 | 5.83 |
| Debtors turnover | 4.09 | 3.93 | 3.71 | 3.52 | 4.24 | 6.13 | 5.69 |
| EPS (βΉ) | 11.94 | 9.05 | 6.70 | 6.76 | 462.60 | 319.76 | 110.63 |
| Dividend per share (βΉ) | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 56.70 | 44.24 | 34.58 | 30.53 | 1,544.46 | 826.76 | 503.43 |
Timeline of Anthem Biosciences
7 dated milestones of Anthem Biosciences across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Anthem Biosciences is founded.
- Funding First funding round of $577K.
- Milestone Reaches Minicorn status.
- Milestone Reaches Decacorn status.
- Funding Latest funding round, Series A, of $33.4M.
- Milestone Reaches Soonicorn status.
- IPO Lists on the stock exchange (IPO).
Competitors of Anthem Biosciences
Anthem Biosciences has 3 listed competitors in our database, 1 of them funded. They include Syngene, Piramal Group and Panacea Biotec.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| syngeneintl.com | 1993 | Bengaluru, India | $85.89M | 5,618 | Provider of contract research and manufacturing services for both small molecules and biologics | |
| piramal.com | 1984 | Mumbai, India | 204 | Multinational conglomerate with diverse interests in Pharma, Financial Services and Real Estate | ||
| panaceabiotec.com | 1984 | Ambala, India | 2,095 | Developer of biosimilars, vaccines and natural products |
Detailed competitors of Anthem Biosciences
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Web traffic of Anthem Biosciences
The website of Anthem Biosciences (anthembio.com) receives about 9.8K visits a month and ranks #1,599,242 among all websites worldwide, #2,152 in Biotechnology and Pharmaceuticals.
- Monthly visits9.8K
▼ 13.6% vs previous month
- Unique visitors5.3K
per month
- Global rank#1,599,242
among all websites
- Category rank#2,152
Health · Biotechnology and Pharmaceuticals
- Bounce rate46%
- Pages per visit3.5
- Average visit50 sec
- DevicesDesktop 35% Β· Mobile 65%
Websites whose visitors overlap most with Anthem Biosciences. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| kemwellbiopharma.com | 100% | 6.2K | #2,788,016 | View details | |
| thepharmatimes.in | 63% | #5,879,772 | View details | ||
| labiotech.eu | 58% | 200.5K | #249,174 | View details | |
| lifecell.in | 38% | 115.7K | #350,498 | View details | |
| plasmagen.com | 31% | 1.1K | #12,142,620 | View details |
Top companies in Biopharma Outsourcing & Drug Delivery
2 companies that operate in the same segment as Anthem Biosciences (Biopharma Outsourcing & Drug Delivery) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Pharmaceutical and biotechnology company | 2005 | Hyderabad, Telangana, India | USD 229.73 M | USD 726.15 M | 12,470 | |
India's leading healthcare products distribution platform | 2018 | Mumbai, Maharashtra, India | USD 59.67 M | USD 702.49 M | 4,260 |
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Frequently Asked Questions about Anthem Biosciences
Anthem Biosciences was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Anthem Biosciences is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ajay Bharadwaj is the CEO of Anthem Biosciences, as recorded in our data. They have also founded this company.
Anthem Biosciences is a funded company, having raised a total of $35.74M across 4 funding rounds to date. The company's 1st funding round was a Seed of $577.39K, raised on May 2008.
Anthem Biosciences has 1,820 employees.
The primary company behind Anthem Biosciences, Anthem Biosciences Limited, reported revenue of βΉ2,280 Cr for FY 2026, up 15% year on year.
Developer of integrated contract research development and manufacturing services. The company offers endtoend drug discovery, development and manufacturing support for small molecules, biologics and nutritional actives. It provides medicinal chemistry, process synthesis, analytical RD, toxicology and GLP preclinical testing under one roof. Services include microbial screening, protein expression, peptide synthesis, antibody drug conjugates and fermentation scaleup capable from milligram to tonne volumes. The infrastructure includes cGMP kilolabs, pilot manufacturing and AAALAC accredited vivarium for in vitro and in vivo studies. Quality control, regulatory compliance and analytical method development are embedded as part of the scientific service portfolio.
Anthem Biosciences's top competitors include Syngene, Panacea Biotec and Piramal Group.
Anthem Biosciences offers Chemistry Services, Biology Services, and Biologics Services.
Yes, Anthem Biosciences is publicly traded on NSE under the ticker symbol ANTHEM.
Anthem Biosciences has 4 investors. Key investors include Department of Biotechnology, True North, Portsmouth Technologies Trials Unit, and Muppala Raju.
The valuation of Anthem Biosciences is $999.08M as of Mar 2021.

