Hikal

Mumbai, India Founded: 1988 • Age: 38 yrs
APIs and intermediates are produced via custom synthesis and research.
Annual revenue $217.1M Latest available
Total funding - 3 rounds
Employees 3600 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Hikal

Hikal is a company based in Mumbai (India) founded in 1988 by Jai Hiremath. The company has 3,600 employees as of March 31, 2024. Hikal offers products and services including Contract Development & Manufacturing, APIs and Intermediates, and Animal Health Products. Hikal operates in a competitive market with competitors including Laurus Labs, Symbiotec, Provepharm Life Solutions, Beijing Biostar Technologies and SeQuent, among others.

  • Headquarter Mumbai, India
  • Employees 3600 as on 31 Mar, 2024
  • Founders Jai Hiremath
  • Stage Public
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Hikal Limited
Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $217.13 M (USD)
    4.15
    as on Mar 31, 2025
  • Net Profit
    $10.63 M (USD)
    30.46
    as on Mar 31, 2025
  • EBITDA
    $38.16 M (USD)
    22.31
    as on Mar 31, 2025
  • Latest Funding Round
    $50 M (USD), Post-IPO

    Nov 17, 2021

  • Investors
  • Employee Count
    3600

    as on Mar 31, 2024

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IPO & Listings of Hikal

Hikal is a publicly listed company on the NSE with ticker symbol HIKAL 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.

Exchange: NSE · Ticker: HIKAL · Sector: Health technology · India

Products & Services of Hikal

Hikal offers a comprehensive portfolio of products and services, including Contract Development & Manufacturing, APIs and Intermediates, and Animal Health Products.

Product name locked
Category locked
Primary

Offers custom manufacturing for pharmaceutical and chemical products

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Provides active pharmaceutical ingredients for various applications

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Delivers intermediates and solutions for animal health sector

People of Hikal

Headcount 1000-5000
Employee Profiles 25
Board Members and Advisors 12
Employee Profiles
People
Santosh Rao
Manager HR
People
Vidyanand Shetty
Head - Business Hr, Pharma Division, Bangalore
People
Vimal Kulshrestha
President, Crop Protection
People
Ashok Anand
Advisor

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Board Members and Advisors
people
Jai Hiremath
Founder & Executive Chairman
people
Prakash Mehta
Director
people
Sugandha Hiremath
Director
people
Axel Kleemann
Scientific Advisor

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Funding Insights of Hikal

Investors in Hikal

Hikal has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include International Finance Corporation.

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Venture Fund
Investor Description Founded Year Domain Location
IFC is focused on private sector development in emerging markets.
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Investor details for Hikal

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Investments & Acquisitions by Hikal

Investments
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Investment portfolio details for Hikal

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Financial Statements - Hikal

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Detailed financials for Hikal

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Hikal Comparisons

Hikal Primary company
Description
APIs and intermediates are produced via custom synthesis and...
Location
Mumbai, India
Founded Year
1988
Annual Revenue
$217.13 M (USD)
Net Profit
$10.63 M (USD)
EBITDA
$38.16 M (USD)
Employees
3,600
As of 2024
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Peer comparison for Hikal

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Competitors of Hikal

Hikal operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Laurus Labs, Symbiotec, Provepharm Life Solutions, Beijing Biostar Technologies and SeQuent, among others.

Company Name Domain Founded year HQ Location Description
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Pharmaceutical and biotechnology company
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Non-sterile steroid hormone-based APIs and intermediates are manufactured.
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APIs and drug products are developed and valorized in pharmaceuticals.
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APIs, intermediates, and biochemical reagents are developed and manufactured.
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APIs are developed and manufactured for therapeutic areas.
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Contract development, manufacturing, and analytical services for APIs are offered.
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Detailed competitors of Hikal

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Latest news on Hikal

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Complete news archive for Hikal

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Frequently Asked Questions about Hikal

Hikal was founded in 1988 and raised its 1st funding round 20 years after it was founded.

Hikal is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

As of Mar 31, 2024, the latest employee count at Hikal is 3,600.

Annual revenue of Hikal is $217.13M as on Mar 31, 2025.

Hikal was founded in 1988 and is headquartered in Mumbai, India. Operations focus on the pharmaceutical and chemical sectors, where contract research, custom synthesis, and manufacturing of active pharmaceutical ingredients (APIs) and intermediates are conducted. Services extend to supplying ingredients for medicine production and providing research and development support for life sciences and biotechnology firms developing new products.

Hikal's top competitors include Laurus Labs, Symbiotec and Beijing Biostar Technologies.

Hikal offers Contract Development & Manufacturing, APIs and Intermediates, and Animal Health Products.

Yes, Hikal is publicly traded on NSE under the ticker symbol HIKAL.

Hikal has 1 investor. Key investors include International Finance Corporation.

The ticker symbol of Hikal is HIKAL on NSE.

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