Zifi

Aurangabad, India Founded: 2002 • Age: 24 yrs Listed
Therapeutics for bacterial infections are developed by Zifi.

About Zifi

Zifi is a publicly listed company based in Aurangabad (India) founded in 2002 by Pushkar Soni and Keerthi Kiran Chennupati. Therapeutics for bacterial infections are developed by Zifi. The company has 6,548 employees. Its Indian entity Fdc Limited reported revenue of β‚Ή2,284 Cr. Its focus areas include Life Sciences, Infectious Diseases, Drugs and Bacterial.

Company details

Zifi was founded in 2002 in Aurangabad, India, within the pharmaceuticals sector. Focus is placed on creating anti-infective therapies targeting bacterial diseases in both children and adults. Operations involve the production of products such as ZIFI 200, ZIFI-CV 200, ZIFI-LBX, ZIFI-O, and ZIFI TURBO. These address conditions including urinary tract infections, respiratory infections, ear infections, typhoid, and select sexually transmitted infections.

  • Headquarters Aurangabad, India
  • Employees 6,548
  • Founders Pushkar Soni, Keerthi Kiran Chennupati
  • Stage Public
  • Sectors
    Healthcare
  • Website zifi.co.in
  • Legal Name Fdc Ltd.
  • Date of Incorporation 23 Sep, 1940
  • Jurisdiction Chhatrapati Sambhaji Nagar, Maharashtra, India
Operational Areas
Key Metrics
  • Market Cap
    ₹6,392 Cr

    FDC · NSE

  • Share Price
    ₹394.20

    +0.41% today

  • Revenue
    ₹2,171 Cr

    FY 2025-26 · +3.0% YoY

  • EBITDA
    ₹325 Cr

    Margin 15.0%

  • Net Profit
    ₹268 Cr

    FY 2025-26 · +5.5% YoY

  • P/E (TTM)
    19.3x

    P/B 2.4x

  • ROE
    11.8%

    ROCE 15.6%

  • Debt / Equity
    0.01

    Interest cover 1.9x

  • Investors
  • Employee Count
    6,548

Funding Insights of Zifi

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Zifi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2015Seed––
Valuation history

1 investors in total: 1 institutional.

Investors in Zifi

Zifi has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CreedCap Asia Advisors.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Small & middle market focused boutique investment bank
2010creedcapasia.comBengaluru, India
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Investor details for Zifi

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 Fdc Limited (Zifi)

Fdc Limited is the primary company behind Zifi. The board of Fdc Limited currently have 10 directors; the longest-serving is Nandan Mohan Chandavarkar, appointed in 1993. 15 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Nandan Mohan Chandavarkar
DIN 00043511
Whole-time director30 Sep 199333 yrs 1 moFdc Limited
Ameya Ashok Chandavarkar
DIN 00043238
Whole-time director01 Apr 200224 yrs 7 moFdc Limited
Mohan Chandavarkar Anand
DIN 00043344
Managing Director01 Apr 200917 yrs 7 moFdc Limited
Ashok Anand Chandavarkar
DIN 00042719
Whole-time director01 Mar 201115 yrs 8 moFdc Limited
Nomita Ramdas Chandavarkar
DIN 00042332
Director02 Jun 201412 yrs 5 moFdc Limited
Mahesh Chandru Bijlani
DIN 08447258
Director10 May 20197 yrs 6 moFdc Limited
Vijay Maniar
DIN 00750905
Director04 Aug 20224 yrs 3 moFdc Limited
Vijay Nautamlal Bhatt
DIN 00751001
Director25 May 20233 yrs 5 moFdc Limited
Charuta Nityanath Mandke
DIN 08953268
Director07 Aug 20242 yrs 3 moFdc Limited
Kishore Mukund Saletore
DIN 01705850
Additional Director01 Apr 20267 moFdc Limited

People of Zifi

2 people are tracked at Zifi (2 in leadership); the tracked headcount is 6,548.

NameRoleGroup
Pushkar Soni
Co-FounderLeadership
Keerthi Kiran Chennupati
Co-FounderLeadership
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Complete people profiles for Zifi

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 Zifi

Zifi is a publicly listed company on the NSE with ticker symbol FDC in India, operating in the Pharmaceuticals 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.

  • Listed onNSE: FDC
  • Listed entityFdc Limited
  • Exchange sectorPharmaceuticals

Financials of Zifi

Exchange-reported figures of Fdc Limited, the listed company behind Zifi (NSE: FDC).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹2,171 Cr
+3.0% YoY
EBITDA
₹325 Cr
+0.2% YoY
Profit After Tax
₹268 Cr
+5.5% YoY
Net Worth
₹2,485 Cr
+8.9% YoY
Total Assets
₹2,529 Cr
+8.2% YoY
Total Debt
₹15.47 Cr
-26.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,1712,1081,9431,7841,5281,3331,344
Revenue growth+3.0%+8.5%+8.9%+16.7%+14.6%-0.8%-
EBITDA325325339251254332292
EBITDA margin+15.0%+15.4%+17.4%+14.1%+16.6%+24.9%+21.7%
Profit before tax375357396258289388320
Net profit268254289190211284236
Net profit margin+12.3%+12.0%+14.9%+10.6%+13.8%+21.3%+17.5%
EPS (β‚Ή)17.2916.3918.7511.7012.8217.8514.03
Balance sheet
Total assets2,5292,3382,1482,0281,9891,7491,563
Net worth2,4852,2812,0971,9821,9571,7341,547
Total debt15.4721.1720.5228.3232.2014.5415.08
Cash & bank50.0052.7726.2924.9438.6631.5832.32
Net working capital301251314266234212184
Cash flow
Cash from operations200318221155162207250
Cash from investing(110)(199)(17.08)11.20(145)(77.18)(98.42)
Cash from financing(93.33)(92.12)(202)(180)(9.84)(129)(142)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue572668585465473648492464
Revenue growth (YoY)+21.0%+3.0%+18.9%+0.1%-7.9%+1.6%--
Other income17.9447.6649.8920.8020.6335.5016.0818.83
EBITDA64.2914310631.4933.8114053.9846.65
EBITDA margin+11.2%+21.4%+18.2%+6.8%+7.1%+21.6%+11.0%+10.1%
Depreciation15.9815.1314.3514.7815.2014.9115.5613.36
Interest0.840.831.551.121.151.171.190.95
Profit before tax65.4117514036.3938.0916053.3151.17
Tax16.3542.2136.968.089.7238.4214.6314.14
Net profit49.0613210328.3128.3712138.6837.03
EPS (β‚Ή)3.018.146.351.741.757.452.382.28
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,1262,0701,9161,7771,5191,3251,331
Revenue growth+2.7%+8.0%+7.8%+17.0%+14.6%-0.4%-
EBITDA331320338255247324284
EBITDA margin+15.6%+15.5%+17.7%+14.3%+16.3%+24.5%+21.3%
Profit before tax378368398266285380325
Net profit272261291197214275242
Net profit margin+12.8%+12.6%+15.2%+11.1%+14.1%+20.8%+18.2%
EPS (β‚Ή)17.5616.8118.8712.1113.0117.4514.43
Balance sheet
Total assets2,5372,3442,1482,0261,9801,7371,557
Net worth2,4932,2872,0971,9811,9491,7221,542
Total debt15.4721.0620.2727.6731.4314.0415.08
Cash & bank38.7840.9721.6520.8032.0626.8628.96
Net working capital287237305263224205182
Cash flow
Cash from operations200310221165162210239
Cash from investing(109)(199)(17.75)3.73(147)(84.15)(84.89)
Cash from financing(93.15)(92.10)(202)(180)(9.70)(126)(142)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue553655564458462642482459
Revenue growth (YoY)+19.7%+2.0%+17.1%-0.2%-8.6%+2.9%--
Other income18.6247.3447.1722.0720.9135.5931.4318.64
Total expenses491512453429427501429413
EBITDA61.6914311228.8234.9014152.8245.94
EBITDA margin+11.2%+21.8%+19.8%+6.3%+7.6%+22.0%+11.0%+10.0%
Depreciation15.9515.0914.3114.7515.1714.8715.5313.32
Interest0.830.821.501.121.151.161.180.94
Profit before tax63.5317414335.0239.4916167.5450.32
Tax15.8442.2535.897.8310.0138.6919.3313.87

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue572668585465473648492464
Revenue growth (YoY)+21.0%+3.0%+18.9%+0.1%-7.9%+1.6%--
Other income17.9447.6649.8920.8020.6335.5016.0818.83
EBITDA64.2914310631.4933.8114053.9846.65
EBITDA margin+11.2%+21.4%+18.2%+6.8%+7.1%+21.6%+11.0%+10.1%
Depreciation15.9815.1314.3514.7815.2014.9115.5613.36
Interest0.840.831.551.121.151.171.190.95
Profit before tax65.4117514036.3938.0916053.3151.17
Tax16.3542.2136.968.089.7238.4214.6314.14
Net profit49.0613210328.3128.3712138.6837.03
EPS (β‚Ή)3.018.146.351.741.757.452.382.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,1712,1081,9431,7841,5281,3331,344
Revenue growth+3.0%+8.5%+8.9%+16.7%+14.6%-0.8%-
Other income11490.6610249.8676.0997.0468.90
Total expenses1,8461,7831,6041,5331,2741,0011,052
Employee cost483482413391343296277
EBITDA325325339251254332292
EBITDA margin+15.0%+15.4%+17.4%+14.1%+16.6%+24.9%+21.7%
Depreciation59.2453.7339.9238.9437.3037.8137.46
Interest4.994.514.034.093.093.433.42
Profit before tax375357396258289388320
Tax93.1890.4391.1663.9773.2386.5280.07
Net profit268254289190211284236
Net profit margin+12.3%+12.0%+14.9%+10.6%+13.8%+21.3%+17.5%
EPS (β‚Ή)17.2916.3918.7511.7012.8217.8514.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital16.2816.2816.2816.5916.8816.8817.10
Reserves & surplus2,4692,2652,0811,9651,9401,7171,530
Shareholders' funds (net worth)2,4852,2812,0971,9821,9571,7341,547
Minority interest0.000.000.00(0.64)(0.43)(0.17)0.00
Secured loans0.000.000.000.000.000.000.00
Unsecured loans15.4721.1720.5228.3232.2014.5415.08
Total debt15.4721.1720.5228.3232.2014.5415.08
Total liabilities2,5292,3382,1482,0281,9891,7491,563
Assets
Gross block1,3741,180987973947898845
Net block999852680699705689674
Capital work in progress96.4913726119810519.2123.85
Investments1,0481,028843806886790665
Inventories355375389329305215210
Sundry debtors15210911712382.17111124
Cash & bank balances50.0052.7726.2924.9438.6631.5832.32
Loans & advances10367.4283.9093.4973.8951.8758.87
Total current assets660604616570499409425
Total current liabilities359353303304265196241
Net working capital301251314266234212184
Total assets2,5292,3382,1482,0281,9891,7491,563
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash51.4725.4223.8937.7330.4329.8819.92
Net cash from operating activities200318221155162207250
Net cash from investing activities(110)(199)(17.08)11.20(145)(77.18)(98.42)
Net cash from financing activities(93.33)(92.12)(202)(180)(9.84)(129)(142)
Net change in cash(2.79)26.051.53(13.84)7.290.559.96
Closing cash50.0052.7726.2924.9438.6631.5832.32
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+3.0%+8.5%+8.9%+16.7%+14.6%-0.8%-
EBITDA growth+0.2%-4.1%+34.9%-1.1%-23.6%+13.7%-
PBT growth+4.9%-9.9%+53.7%-10.9%-25.4%+21.2%+35.2%
Net income growth+5.5%-12.2%+52.3%-10.2%-25.5%+20.4%-
Revenue CAGR (3Y)+6.8%+11.3%+13.4%+9.9%+11.9%+7.4%+9.9%
EBITDA CAGR (3Y)+9.0%+8.6%+0.7%-4.9%+3.6%+13.6%+7.1%
Profitability & leverage
Net income margin+13.0%+12.7%+15.7%+10.9%+14.2%+22.6%+17.9%
Return on capital employed+15.6%+16.1%+19.2%+13.0%+15.7%+23.6%+21.5%
Return on net worth+11.8%+12.2%+15.0%+9.8%+11.7%+18.4%+16.0%
Debt / equity0.010.010.010.020.010.010.01
Long-term debt / equity0.000.010.010.010.010.010.00
Interest cover1.881.661.351.931.431.171.34
Efficiency & per share
Fixed asset turnover1.701.951.981.861.661.531.62
Inventory turnover5.955.525.425.635.886.287.01
Debtors turnover16.6618.6416.1917.4215.8611.3812.72
EPS (β‚Ή)17.2916.3918.7511.7012.8217.8514.03
Dividend per share (β‚Ή)5.005.000.000.000.000.000.80
Book value per share (β‚Ή)152.64140.11128.81119.47115.92102.7390.51
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue553655564458462642482459
Revenue growth (YoY)+19.7%+2.0%+17.1%-0.2%-8.6%+2.9%--
Other income18.6247.3447.1722.0720.9135.5931.4318.64
Total expenses491512453429427501429413
EBITDA61.6914311228.8234.9014152.8245.94
EBITDA margin+11.2%+21.8%+19.8%+6.3%+7.6%+22.0%+11.0%+10.0%
Depreciation15.9515.0914.3114.7515.1714.8715.5313.32
Interest0.830.821.501.121.151.161.180.94
Profit before tax63.5317414335.0239.4916167.5450.32
Tax15.8442.2535.897.8310.0138.6919.3313.87
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,1262,0701,9161,7771,5191,3251,331
Revenue growth+2.7%+8.0%+7.8%+17.0%+14.6%-0.4%-
Other income11110610353.9178.7397.1582.66
Total expenses1,7951,7501,5781,5221,2721,0011,048
Employee cost476477409387340294276
EBITDA331320338255247324284
EBITDA margin+15.6%+15.5%+17.7%+14.3%+16.3%+24.5%+21.3%
Depreciation59.1053.6139.7338.7637.0837.6237.36
Interest4.924.494.004.043.053.403.41
Profit before tax378368398266285380325
Tax92.4494.0590.7864.7265.8285.9678.68
Net profit272261291197214275242
Net profit margin+12.8%+12.6%+15.2%+11.1%+14.1%+20.8%+18.2%
EPS (β‚Ή)17.5616.8118.8712.1113.0117.4514.43
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital16.2816.2816.2816.5916.8816.8817.10
Reserves & surplus2,4762,2712,0811,9641,9321,7051,525
Shareholders' funds (net worth)2,4932,2872,0971,9811,9491,7221,542
Secured loans0.000.000.000.000.000.000.00
Unsecured loans15.4721.0620.2727.6731.4314.0415.08
Total debt15.4721.0620.2727.6731.4314.0415.08
Total liabilities2,5372,3442,1482,0261,9801,7371,557
Assets
Gross block1,3691,176986972942891841
Net block994848676695701685670
Capital work in progress96.4913626119810419.2123.85
Investments1,0701,050850806886790665
Inventories344368383323304213209
Sundry debtors14210411512179.71108124
Cash & bank balances38.7840.9721.6520.8032.0626.8628.96
Loans & advances11270.8584.8210172.4251.6358.42
Total current assets637583605566488400421
Total current liabilities349346300303264195239
Net working capital287237305263224205182
Total assets2,5372,3442,1482,0261,9801,7371,557
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash39.6720.7719.7531.1325.7226.5214.36
Net cash from operating activities200310221165162210239
Net cash from investing activities(109)(199)(17.75)3.73(147)(84.15)(84.89)
Net cash from financing activities(93.15)(92.10)(202)(180)(9.70)(126)(142)
Net change in cash(2.21)18.901.02(11.38)5.41(0.80)12.16
Closing cash38.7840.9721.6520.8032.0626.8628.96
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+2.7%+8.0%+7.8%+17.0%+14.6%-0.4%-
EBITDA growth+3.5%-5.4%+33.0%+3.1%-23.9%+14.4%-
PBT growth+2.9%-7.6%+49.8%-6.9%-25.0%+16.9%+37.7%
Net income growth+4.5%-10.4%+47.9%-8.3%-22.1%+13.5%-
Revenue CAGR (3Y)+6.2%+10.9%+13.1%+10.1%+12.2%+7.7%+9.7%
EBITDA CAGR (3Y)+9.2%+9.1%+1.4%-3.5%+4.5%+14.0%+6.3%
Profitability & leverage
Net income margin+13.5%+13.2%+16.0%+11.3%+14.5%+22.2%+18.5%
Return on capital employed+15.7%+16.6%+19.3%+13.5%+15.5%+23.3%+22.0%
Return on net worth+12.0%+12.5%+15.1%+10.2%+12.0%+18.0%+16.6%
Debt / equity0.010.010.010.020.010.010.01
Long-term debt / equity0.000.010.010.010.010.010.00
Interest cover1.811.681.341.871.451.191.38
Efficiency & per share
Fixed asset turnover1.671.921.961.861.661.531.61
Inventory turnover5.985.515.425.675.886.276.97
Debtors turnover17.2718.9516.2517.6916.2011.4312.82
EPS (β‚Ή)17.5616.8118.8712.1113.0117.4514.43
Dividend per share (β‚Ή)5.005.000.000.000.000.000.80
Book value per share (β‚Ή)153.10140.48128.81119.39115.44102.0290.18

Timeline of Zifi

2 dated milestones of Zifi across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded Zifi is founded.
  2. Funding First funding round.

Web traffic of Zifi

The website of Zifi (zifi.co.in) receives about 2.7K visits a month.

  • Monthly visits
    2.7K

    ▼ 57.5% vs previous month

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Complete news archive for Zifi

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Frequently Asked Questions about Zifi

Zifi was founded in 2002 and raised its 1st funding round 13 years after it was founded.

Zifi is headquartered in Aurangabad, India. It is registered at Aurangabad, Maharashtra, India.

Zifi has 6,548 employees.

The primary company behind Zifi, Fdc Limited, reported revenue of β‚Ή2,284 Cr for FY 2026, up 3% year on year.

Zifi was founded in 2002 in Aurangabad, India, within the pharmaceuticals sector. Focus is placed on creating anti-infective therapies targeting bacterial diseases in both children and adults. Operations involve the production of products such as ZIFI 200, ZIFI-CV 200, ZIFI-LBX, ZIFI-O, and ZIFI TURBO. These address conditions including urinary tract infections, respiratory infections, ear infections, typhoid, and select sexually transmitted infections.

Yes, Zifi is publicly traded on NSE under the ticker symbol FDC.

Zifi has 1 investor. Key investors include CreedCap Asia Advisors.

Zifi operates through Fdc Limited.

The legal entities of Zifi currently have 12 directors, including Mahesh Chandru Bijlani, Varsharani Rajaram Katre, Vijay Maniar and others.

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