
About Bilcare Limited
Data last updated:
Bilcare Limited is a public limited company based in Pune, Maharashtra, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 01 July 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN L28939PN1987PLC043953. Its GSTIN is 27AABCB2242F1Z6 (Maharashtra). The company holds 4 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 526853 and NSE: BI.
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹23.55 Cr. It was formerly known as Bhandari Paper Products Private Limited. It is led by directors including Shreyans Mohan Bhandari (Managing Director) and Kavita Bhansali (Whole-Time Director).
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Gat No 1028 At Village Shiroli Tal Khed Rajgurnagar, Pune, Maharashtra, India – 410505.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹733.54 Cr, a decline of 6.9% compared to the previous year. For the same year it recorded a net profit of ₹5.52 Cr (net margin 0.8%) and EBITDA of ₹40.63 Cr (EBITDA margin 5.5%). The net worth stands at ₹196.73 Cr (down 8.2% YoY). Total assets are valued at ₹707.69 Cr (down 11.1% YoY).
The company has about 70 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Bilcare. As per MCA filings, the company has open charges of ₹666.96 Cr and satisfied charges of ₹3,764.67 Cr on record. Court records list 162 cases involving the company, including 58 filed by the company and 104 filed against it; 33 cases are pending. The company has 37 deals on record (30 market trades, 7 funding rounds), with disclosed funding of ₹475.94 Cr; the latest was in September 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bilcare.com.
Company details
CIN history
Bilcare has one previous CIN (Corporate Identification Number): U28939PN1987PLC043953. The current CIN is L28939PN1987PLC043953, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L28939PN1987PLC043953 | Current |
| U28939PN1987PLC043953 | Previous |
Contact details
Bilcare Limited's registered office is in Pune, Maharashtra. Its website is bilcare.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressGat No 1028 At Village Shiroli Tal Khed Rajgurnagar, Pune, Maharashtra, India – 410505
- IndustryPackaging, Packaging Films & Foils, Pharmaceutical Packaging Solutions
To see the full contact details of Bilcare Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Bilcare operates one associated brand: Bilcare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical packaging, clinical supplies, and anti-counterfeiting solutions are provided. | bilcare.com |
Business activity
The main business activity of Bilcare is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Bilcare Limited, buy the company report.
Financials of Bilcare Limited
FY 2025-26 filings availableBilcare Limited reported revenue of ₹733.54 Cr (down 6.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · 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 | 734 | 788 | 747 | 982 | 845 | 623 | 1,827 |
| Revenue growth | -6.9% | +5.5% | -23.9% | +16.2% | +35.7% | -65.9% | - |
| EBITDA | 40.63 | 24.79 | 32.51 | (26.13) | 56.86 | 46.36 | 43.99 |
| EBITDA margin | +5.5% | +3.2% | +4.4% | -2.7% | +6.7% | +7.4% | +2.4% |
| Profit before tax | (21.46) | (71.34) | (71.71) | 196 | (4.22) | (24.96) | (114) |
| Net profit | 5.52 | (25.26) | (32.14) | (66.54) | (42.65) | (42.56) | (299) |
| Net profit margin | +0.8% | -3.2% | -4.3% | -6.8% | -5.1% | -6.8% | -16.4% |
| EPS (₹) | 0.73 | (12.23) | (14.12) | 6.39 | (5.35) | (8.95) | (43.97) |
| Balance sheet | |||||||
| Total assets | 708 | 796 | 1,406 | 1,346 | 877 | 898 | 948 |
| Net worth | 197 | 214 | 498 | 531 | 75.15 | 86.31 | 108 |
| Total debt | 620 | 689 | 756 | 639 | 690 | 677 | 707 |
| Cash & bank | 5.51 | 15.01 | 36.42 | 30.83 | 40.07 | 56.64 | 64.13 |
| Net working capital | 222 | 222 | 272 | 128 | 171 | 171 | 202 |
| Cash flow | |||||||
| Cash from operations | 128 | 86.41 | 62.46 | (6.98) | 41.27 | 71.79 | 256 |
| Cash from investing | (5.02) | 81.41 | (106) | 36.20 | (4.26) | 1.65 | 1,309 |
| Cash from financing | (132) | (171) | 35.89 | (18.90) | (54.88) | (82.68) | (1,600) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 226 | 188 | 181 | 178 | 186 | 194 | 198 | 202 |
| Revenue growth (YoY) | +21.2% | -3.3% | -8.5% | -11.7% | -4.0% | - | - | - |
| Other income | 1.75 | 14.46 | 5.14 | 4.32 | 6.08 | 21.16 | 3.44 | 3.91 |
| EBITDA | 35.28 | 14.93 | 11.21 | 3.42 | 11.07 | 7.68 | 0.75 | (2.28) |
| EBITDA margin | +15.6% | +8.0% | +6.2% | +1.9% | +5.9% | +4.0% | +0.4% | -1.1% |
| Depreciation | 4.11 | 4.78 | 5.01 | 12.23 | 11.56 | 4.66 | 11.74 | 11.04 |
| Interest | 18.08 | 17.69 | 17.04 | 19.06 | 18.55 | 18.68 | 19.48 | 23.68 |
| Profit before tax | 14.84 | 6.92 | (5.70) | (23.55) | (12.96) | 5.50 | (27.03) | (33.09) |
| Tax | (0.13) | (0.93) | 0.19 | (0.23) | (3.20) | (6.56) | (10.79) | (3.16) |
| Net profit | 14.97 | 7.85 | (5.89) | (23.32) | (9.76) | 12.06 | (16.24) | (29.93) |
| EPS (₹) | 5.39 | 5.68 | 0.41 | (5.25) | (1.61) | 7.47 | (3.05) | (6.81) |
| 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 | 6.85 | 15.12 | 17.60 | 13.98 | 430 | 304 | 212 |
| Revenue growth | -54.7% | -14.1% | +25.9% | -96.8% | +41.3% | +43.6% | - |
| EBITDA | (14.65) | (5.67) | (13.31) | (87.82) | 31.28 | 20.55 | (247) |
| EBITDA margin | -213.9% | -37.5% | -75.6% | -628.2% | +7.3% | +6.8% | -116.7% |
| Profit before tax | 1.56 | 5.46 | 5.69 | 503 | (23.53) | (17.63) | (127) |
| Net profit | 2.58 | 2.14 | (10.80) | (8.82) | (51.33) | (52.79) | (126) |
| Net profit margin | +37.7% | +14.2% | -61.4% | -63.1% | -11.9% | -17.4% | -59.7% |
| EPS (₹) | 0.42 | 1.70 | 2.27 | 165.97 | (7.55) | 0.76 | (43.46) |
| Balance sheet | |||||||
| Total assets | 433 | 434 | 426 | 418 | 757 | 793 | 831 |
| Net worth | 421 | 420 | 416 | 410 | 43.41 | 60.72 | 59.18 |
| Total debt | 11.87 | 11.04 | 10.29 | 7.52 | 690 | 678 | 709 |
| Cash & bank | 1.30 | 3.49 | 2.05 | 11.98 | 4.52 | 7.81 | 5.44 |
| Net working capital | 49.45 | 67.11 | 56.96 | (12.56) | (0.70) | 7.66 | (51.61) |
| Cash flow | |||||||
| Cash from operations | 11.57 | 2.36 | 97.63 | 397 | 46.29 | (0.41) | 71.12 |
| Cash from investing | (14.05) | 2.94 | (107) | 181 | 5.59 | 85.02 | 10.82 |
| Cash from financing | 0.24 | (3.85) | (0.51) | (571) | (55.47) | (82.28) | (83.03) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.94 | 1.20 | 1.73 | 1.85 | 2.07 | 4.13 | 3.36 | 2.76 |
| Revenue growth (YoY) | -6.3% | -70.9% | -48.5% | -33.0% | -57.5% | - | - | - |
| Other income | 4.36 | 3.82 | 5.54 | 3.45 | 6.72 | 6.45 | 3.78 | 3.78 |
| Total expenses | 4.67 | 11.26 | 3.55 | 3.21 | 3.48 | 5.70 | 3.88 | 5.49 |
| EBITDA | (2.73) | (10.06) | (1.82) | (1.36) | (1.41) | (1.57) | (0.52) | (2.73) |
| EBITDA margin | -140.7% | -838.3% | -105.2% | -73.5% | -68.1% | -38.0% | -15.5% | -98.9% |
| Depreciation | 0.60 | 0.61 | 0.71 | 0.72 | 0.68 | 0.60 | 0.77 | 0.77 |
| Interest | 0.12 | 0.14 | 0.15 | 0.17 | 0.14 | 0.06 | 0.12 | 3.04 |
| Profit before tax | 0.91 | (6.99) | 2.86 | 1.20 | 4.49 | 4.22 | 2.37 | (2.76) |
| Tax | (0.13) | (0.64) | 0.15 | 0.16 | 0.90 | 0.86 | 0.56 | (0.19) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 226 | 188 | 181 | 178 | 186 | 194 | 198 | 202 |
| Revenue growth (YoY) | +21.2% | -3.3% | -8.5% | -11.7% | -4.0% | - | - | - |
| Other income | 1.75 | 14.46 | 5.14 | 4.32 | 6.08 | 21.16 | 3.44 | 3.91 |
| EBITDA | 35.28 | 14.93 | 11.21 | 3.42 | 11.07 | 7.68 | 0.75 | (2.28) |
| EBITDA margin | +15.6% | +8.0% | +6.2% | +1.9% | +5.9% | +4.0% | +0.4% | -1.1% |
| Depreciation | 4.11 | 4.78 | 5.01 | 12.23 | 11.56 | 4.66 | 11.74 | 11.04 |
| Interest | 18.08 | 17.69 | 17.04 | 19.06 | 18.55 | 18.68 | 19.48 | 23.68 |
| Profit before tax | 14.84 | 6.92 | (5.70) | (23.55) | (12.96) | 5.50 | (27.03) | (33.09) |
| Tax | (0.13) | (0.93) | 0.19 | (0.23) | (3.20) | (6.56) | (10.79) | (3.16) |
| Net profit | 14.97 | 7.85 | (5.89) | (23.32) | (9.76) | 12.06 | (16.24) | (29.93) |
| EPS (₹) | 5.39 | 5.68 | 0.41 | (5.25) | (1.61) | 7.47 | (3.05) | (6.81) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 734 | 788 | 747 | 982 | 845 | 623 | 1,827 |
| Revenue growth | -6.9% | +5.5% | -23.9% | +16.2% | +35.7% | -65.9% | - |
| Other income | 30.00 | 32.25 | 22.52 | 320 | 47.10 | 49.78 | 255 |
| Total expenses | 693 | 763 | 715 | 1,008 | 788 | 576 | 1,783 |
| Employee cost | 0.00 | 81.07 | 71.87 | 71.26 | 59.27 | 55.30 | 371 |
| EBITDA | 40.63 | 24.79 | 32.51 | (26.13) | 56.86 | 46.36 | 43.99 |
| EBITDA margin | +5.5% | +3.2% | +4.4% | -2.7% | +6.7% | +7.4% | +2.4% |
| Depreciation | 19.75 | 45.88 | 44.95 | 37.81 | 39.25 | 45.51 | 239 |
| Interest | 72.34 | 82.50 | 81.79 | 60.00 | 68.93 | 75.59 | 174 |
| Profit before tax | (21.46) | (71.34) | (71.71) | 196 | (4.22) | (24.96) | (114) |
| Tax | (4.17) | (15.18) | (13.17) | 146 | 0.14 | (13.79) | (14.62) |
| Net profit | 5.52 | (25.26) | (32.14) | (66.54) | (42.65) | (42.56) | (299) |
| Net profit margin | +0.8% | -3.2% | -4.3% | -6.8% | -5.1% | -6.8% | -16.4% |
| EPS (₹) | 0.73 | (12.23) | (14.12) | 6.39 | (5.35) | (8.95) | (43.97) |
| 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 | 23.55 | 23.55 | 23.55 | 23.55 | 23.55 | 23.55 | 23.55 |
| Reserves & surplus | 173 | 191 | 474 | 507 | 51.60 | 62.76 | 84.74 |
| Shareholders' funds (net worth) | 197 | 214 | 498 | 531 | 75.15 | 86.31 | 108 |
| Minority interest | (123) | (125) | 148 | 173 | 86.17 | 77.89 | 67.88 |
| Secured loans | 595 | 569 | 666 | 518 | 445 | 438 | 471 |
| Unsecured loans | 25.64 | 120 | 90.42 | 120 | 245 | 239 | 236 |
| Total debt | 620 | 689 | 756 | 639 | 690 | 677 | 707 |
| Total liabilities | 708 | 796 | 1,406 | 1,346 | 877 | 898 | 948 |
| Assets | |||||||
| Gross block | 913 | 926 | 2,073 | 2,087 | 1,003 | 1,065 | 1,746 |
| Net block | 432 | 456 | 1,038 | 1,045 | 465 | 494 | 534 |
| Capital work in progress | 9.60 | 3.83 | 1.28 | 0.73 | 0.70 | 0.50 | 0.32 |
| Investments | 14.20 | 10.70 | 7.66 | 2.46 | 0.01 | 0.01 | 0.22 |
| Inventories | 115 | 117 | 106 | 84.09 | 136 | 101 | 76.97 |
| Sundry debtors | 108 | 119 | 150 | 188 | 220 | 154 | 108 |
| Cash & bank balances | 5.51 | 15.01 | 36.42 | 30.83 | 40.07 | 56.64 | 64.13 |
| Loans & advances | 125 | 91.98 | 119 | 40.57 | 24.12 | 25.53 | 116 |
| Total current assets | 353 | 343 | 411 | 343 | 421 | 337 | 365 |
| Total current liabilities | 132 | 121 | 139 | 216 | 250 | 166 | 163 |
| Net working capital | 222 | 222 | 272 | 128 | 171 | 171 | 202 |
| Total assets | 708 | 796 | 1,406 | 1,346 | 877 | 898 | 948 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 14.14 | 17.00 | 24.47 | 14.16 | 32.03 | 41.27 | 75.88 |
| Net cash from operating activities | 128 | 86.41 | 62.46 | (6.98) | 41.27 | 71.79 | 256 |
| Net cash from investing activities | (5.02) | 81.41 | (106) | 36.20 | (4.26) | 1.65 | 1,309 |
| Net cash from financing activities | (132) | (171) | 35.89 | (18.90) | (54.88) | (82.68) | (1,600) |
| Net change in cash | (9.53) | (2.86) | (7.47) | 10.31 | (17.87) | (9.24) | (34.61) |
| Closing cash | 5.51 | 15.01 | 36.42 | 30.83 | 40.07 | 56.64 | 64.13 |
| 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% | +5.5% | -23.9% | +16.2% | +35.7% | -65.9% | - |
| EBITDA growth | +63.9% | -23.8% | +224.4% | -146.0% | +22.7% | +5.4% | - |
| PBT growth | +69.9% | +0.5% | - | +9998.0% | +83.1% | +78.0% | +73.7% |
| Net income growth | +121.9% | +21.4% | +51.7% | -56.0% | -0.2% | +85.8% | - |
| Revenue CAGR (3Y) | -9.3% | -2.3% | +6.3% | -18.7% | -34.4% | -39.3% | -11.5% |
| EBITDA CAGR (3Y) | - | -24.2% | -11.2% | - | -30.4% | -33.5% | -38.4% |
| Profitability & leverage | |||||||
| Net income margin | -2.4% | -7.1% | -7.8% | +5.1% | -0.5% | -1.8% | -5.4% |
| Return on capital employed | - | - | 0.0% | +2.8% | 0.0% | 0.0% | 0.0% |
| Return on net worth | - | - | 0.0% | -8.3% | 0.0% | 0.0% | 0.0% |
| Debt / equity | - | - | 1.98 | 4.72 | 8.47 | 7.11 | 77.39 |
| Long-term debt / equity | - | - | 1.51 | 3.74 | 6.61 | 5.59 | 33.91 |
| Interest cover | 346.46 | -391.18 | -657.48 | -93.84 | 391.43 | 8,892.94 | -89.40 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | - | 0.39 | 0.71 | 0.82 | 0.44 | 0.58 |
| Inventory turnover | - | - | 7.85 | 8.90 | 7.12 | 7.00 | 8.19 |
| Debtors turnover | - | - | 4.43 | 4.81 | 4.51 | 4.75 | 8.76 |
| EPS (₹) | 0.73 | (12.23) | (14.12) | 6.39 | (5.35) | (8.95) | (43.97) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 199.21 | 211.44 | 87.65 | 31.91 | 36.66 | 45.99 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.94 | 1.20 | 1.73 | 1.85 | 2.07 | 4.13 | 3.36 | 2.76 |
| Revenue growth (YoY) | -6.3% | -70.9% | -48.5% | -33.0% | -57.5% | - | - | - |
| Other income | 4.36 | 3.82 | 5.54 | 3.45 | 6.72 | 6.45 | 3.78 | 3.78 |
| Total expenses | 4.67 | 11.26 | 3.55 | 3.21 | 3.48 | 5.70 | 3.88 | 5.49 |
| EBITDA | (2.73) | (10.06) | (1.82) | (1.36) | (1.41) | (1.57) | (0.52) | (2.73) |
| EBITDA margin | -140.7% | -838.3% | -105.2% | -73.5% | -68.1% | -38.0% | -15.5% | -98.9% |
| Depreciation | 0.60 | 0.61 | 0.71 | 0.72 | 0.68 | 0.60 | 0.77 | 0.77 |
| Interest | 0.12 | 0.14 | 0.15 | 0.17 | 0.14 | 0.06 | 0.12 | 3.04 |
| Profit before tax | 0.91 | (6.99) | 2.86 | 1.20 | 4.49 | 4.22 | 2.37 | (2.76) |
| Tax | (0.13) | (0.64) | 0.15 | 0.16 | 0.90 | 0.86 | 0.56 | (0.19) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 6.85 | 15.12 | 17.60 | 13.98 | 430 | 304 | 212 |
| Revenue growth | -54.7% | -14.1% | +25.9% | -96.8% | +41.3% | +43.6% | - |
| Other income | 19.53 | 17.85 | 23.64 | 596 | 48.02 | 71.17 | 278 |
| Total expenses | 21.50 | 20.79 | 30.91 | 102 | 399 | 284 | 459 |
| Employee cost | 0.00 | 5.42 | 5.97 | 5.75 | 33.67 | 32.08 | 27.30 |
| EBITDA | (14.65) | (5.67) | (13.31) | (87.82) | 31.28 | 20.55 | (247) |
| EBITDA margin | -213.9% | -37.5% | -75.6% | -628.2% | +7.3% | +6.8% | -116.7% |
| Depreciation | 2.72 | 2.87 | 2.15 | 4.52 | 34.64 | 34.63 | 88.06 |
| Interest | 0.60 | 3.85 | 2.49 | 0.45 | 68.19 | 74.72 | 69.08 |
| Profit before tax | 1.56 | 5.46 | 5.69 | 503 | (23.53) | (17.63) | (127) |
| Tax | 0.57 | 1.46 | 0.36 | 112 | (5.76) | (19.39) | (24.23) |
| Net profit | 2.58 | 2.14 | (10.80) | (8.82) | (51.33) | (52.79) | (126) |
| Net profit margin | +37.7% | +14.2% | -61.4% | -63.1% | -11.9% | -17.4% | -59.7% |
| EPS (₹) | 0.42 | 1.70 | 2.27 | 165.97 | (7.55) | 0.76 | (43.46) |
| 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 | 23.55 | 23.55 | 23.55 | 23.55 | 23.55 | 23.55 | 23.55 |
| Reserves & surplus | 397 | 396 | 392 | 387 | 19.86 | 37.17 | 35.63 |
| Shareholders' funds (net worth) | 421 | 420 | 416 | 410 | 43.41 | 60.72 | 59.18 |
| Secured loans | 0.86 | 0.00 | 0.00 | 0.00 | 445 | 438 | 471 |
| Unsecured loans | 11.01 | 11.04 | 10.29 | 7.52 | 245 | 240 | 238 |
| Total debt | 11.87 | 11.04 | 10.29 | 7.52 | 690 | 678 | 709 |
| Total liabilities | 433 | 434 | 426 | 418 | 757 | 793 | 831 |
| Assets | |||||||
| Gross block | 71.44 | 76.41 | 77.95 | 54.97 | 909 | 901 | 1,586 |
| Net block | 57.62 | 60.82 | 63.41 | 16.25 | 446 | 473 | 506 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.00 |
| Investments | 310 | 294 | 294 | 294 | 80.51 | 89.49 | 173 |
| Inventories | 0.18 | 0.38 | 0.51 | 0.82 | 56.23 | 44.42 | 22.22 |
| Sundry debtors | 2.04 | 3.41 | 4.89 | 9.45 | 92.63 | 72.28 | 39.10 |
| Cash & bank balances | 1.30 | 3.49 | 2.05 | 11.98 | 4.52 | 7.81 | 5.44 |
| Loans & advances | 64.86 | 76.01 | 82.67 | 0.50 | 15.88 | 18.48 | 23.59 |
| Total current assets | 68.38 | 83.29 | 90.12 | 22.75 | 169 | 143 | 90.35 |
| Total current liabilities | 18.93 | 16.18 | 33.16 | 35.31 | 170 | 135 | 142 |
| Net working capital | 49.45 | 67.11 | 56.96 | (12.56) | (0.70) | 7.66 | (51.61) |
| Total assets | 433 | 434 | 426 | 418 | 757 | 793 | 831 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.64 | 1.19 | 11.13 | 3.66 | 7.25 | 4.92 | 6.00 |
| Net cash from operating activities | 11.57 | 2.36 | 97.63 | 397 | 46.29 | (0.41) | 71.12 |
| Net cash from investing activities | (14.05) | 2.94 | (107) | 181 | 5.59 | 85.02 | 10.82 |
| Net cash from financing activities | 0.24 | (3.85) | (0.51) | (571) | (55.47) | (82.28) | (83.03) |
| Net change in cash | (2.24) | 1.45 | (9.94) | 7.47 | (3.59) | 2.33 | (1.08) |
| Closing cash | 1.30 | 3.49 | 2.05 | 11.98 | 4.52 | 7.81 | 5.44 |
| 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 | -54.7% | -14.1% | +25.9% | -96.8% | +41.3% | +43.6% | - |
| EBITDA growth | -158.4% | +57.4% | +84.8% | -380.8% | +52.2% | +108.3% | - |
| PBT growth | -71.4% | -4.0% | -98.9% | +9998.0% | -33.5% | +86.1% | +59.7% |
| Net income growth | +20.6% | +119.8% | -22.5% | +82.8% | +2.8% | +58.2% | - |
| Revenue CAGR (3Y) | -21.2% | -67.2% | -61.3% | -59.6% | +21.5% | +5.7% | -9.5% |
| EBITDA CAGR (3Y) | -45.0% | - | - | -29.2% | - | - | +342.6% |
| Profitability & leverage | |||||||
| Net income margin | +14.5% | +26.5% | +30.3% | +2795.4% | -4.1% | +0.6% | -48.3% |
| Return on capital employed | - | +1.0% | -1.3% | -1.1% | 0.0% | +0.2% | 0.0% |
| Return on net worth | - | +0.3% | -1.7% | -2.5% | 0.0% | -14.8% | 0.0% |
| Debt / equity | - | 0.03 | 0.02 | 1.54 | 13.14 | 11.57 | 7.14 |
| Long-term debt / equity | - | 0.02 | 0.02 | 1.20 | 10.24 | 9.08 | 5.77 |
| Interest cover | -3.45 | -45.08 | -16.11 | -0.49 | -2,029.46 | -530.68 | -20.61 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.20 | 0.26 | 0.03 | 0.47 | 0.24 | 0.13 |
| Inventory turnover | - | 33.98 | 26.47 | 0.49 | 8.54 | 9.13 | 7.86 |
| Debtors turnover | - | 3.64 | 2.45 | 0.27 | 5.21 | 5.46 | 5.56 |
| EPS (₹) | 0.42 | 1.70 | 2.27 | 165.97 | (7.55) | 0.76 | (43.46) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 178.24 | 176.54 | 174.30 | 18.44 | 25.79 | 25.13 |
To see the full year-wise statements and ratios of Bilcare Limited, buy the company report.
Board of directors and KMP of Bilcare Limited
Bilcare Limited currently reports 5 directors and 3 key managerial personnel. 32 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreyans Mohan Bhandari Also directs: Juniper Health LLP, Jan Business Ventures Private Limited | Managing Director | 01 Jul 2022 | 4 Years 3 Months | Current |
| Mohan Harakchand Bhandari Also directs: B A Technologies Limited | Ceo | 01 Jul 1987 | 39 Years 3 Months | Current |
| Rajesh Shankarrao Devene | Director | 22 Apr 2019 | 7 Years 6 Months | Current |
| Alka Sagar | Director | 14 Aug 2024 | 2 Years 2 Months | Current |
| Sagar Ramnarayan Baheti | Company Secretary | 08 Feb 2024 | 2 Years 8 Months | Current |
| Kavita Bhansali Also directs: Bilcare Pharma Solutions Limited | Whole-Time Director | 14 Aug 2023 | 3 Years 2 Months | Current |
Auditor
Bilcare Limited is audited by K R MINIYAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K R MINIYAR & ASSOCIATES | FY 2023 | 124806W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 30.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 70.00%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 30.00% | 30.00% | 30.00% | 30.00% |
| Public | 70.00% | 70.00% | 70.00% | 70.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2023 | 100844901 | Others | ₹50 Cr | Open | |
| 28 Mar 2023 | 100711386 | Others | ₹616.96 Cr | Open | |
| 26 Feb 2018 | 100185851 | Lakshmi Vilas Bank Limited | ₹91.62 Cr | Satisfied | |
| 10 Jun 2015 | 10574152 | Others | ₹44.92 Cr | Satisfied | |
| 14 Oct 2014 | 10529795 | Lakshmi Vilas Bank Limited | ₹25.25 Cr | Satisfied |
To see the full charge records of Bilcare Limited, buy the company report.
Total charge records: 31 View all charges
Deals & funding
Bilcare Limited has 37 deals on record (30 market trades, 7 funding rounds), with disclosed funding of ₹475.94 Cr; the latest was in September 2026.
Deals on record (5 of 37)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Market trade | ₹4.07 Cr | Buyer: BP Equities Private Limited , 2 individuals Seller: BP Equities Private Limited , an individual |
| Nov 2022 | Market trade | ₹1.56 Cr | Buyer: Multiplier Share and Stock Advisors Private Limited , Epitome Trading And Investments Seller: Epitome Trading And Investments, Multiplier Share and Stock Advisors Private Limited , an individual |
| Feb 2021 | Market trade | ₹1.46 Cr | Buyer: Alpha Leon Enterprises LLP Seller: Alpha Leon Enterprises LLP |
| Mar 2015 | Market trade | ₹1.21 Cr | Buyer: an individual Seller: M.S. Overseas Private Limited |
| Mar 2014 | Market trade | ₹2.32 Cr | Buyer: Fidelity Multitrade Private Limited Seller: Pasha Finance Private Limited |
To see the full deal history of Bilcare Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bilcare Limited has 162 court cases on record: 58 filed by Bilcare, 104 filed against it. 33 cases are pending and 129 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 67 | 42 | 16 |
| High courts | 58 | 34 | 11 |
| NCLT | 25 | 24 | 2 |
| NCLAT | 9 | 4 | 4 |
| Supreme Court | 3 | 0 | 0 |
Cases on record (5 of 162)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Bank of Baroda and Anr. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Novogene Life Sciences Pvt Ltd | Pending |
| District court, Pune, Maharashtra | Commercial suit | Filed against the company by Caprihans India Limited Through Its Authorized Representative Guman Mal Jain | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Phoenix Arc Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Phoenix Arc Pvt Ltd | Disposed |
To see the full case history of Bilcare Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bilcare Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bilcare has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Caprihans India Limited | L29150MH1946PLC004877 |
To see the full group structure of Bilcare Limited, buy the company report.
Employees & EPFO
Bilcare Limited has a workforce of 70 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Bilcare has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCB2242F1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bilcare Limited, buy the company report.
Recent activity
Bilcare Limited has 67 board changes on record since 1987: 37 appointments and 30 cessations. The latest: Ashwini Ashok Hasabnis was appointed as Additional Director on 25 Apr 2026.
129 earlier events are in the company report.
News
Frequently asked questions
Bilcare is an active public limited company based in Pune, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 01 July 1987 (39+ years old) and is registered under CIN L28939PN1987PLC043953. Listed on BSE: 526853 and NSE: BI.
Bilcare reported revenue of ₹733.54 Cr for FY 2025-26 (down 6.9% YoY) based on consolidated financials.
Bilcare has 8 current directors and KMP:
- Shreyans Mohan Bhandari - Managing Director
- Kavita Bhansali - Whole-Time Director
- Rajesh Shankarrao Devene - Director
- Alka Sagar - Director
- Ashwini Ashok Hasabnis - Additional Director
- Mohan Harakchand Bhandari - Ceo
- Sagar Ramnarayan Baheti - Company Secretary
- Deepa Mathur - Cfo
The latest financial statements of Bilcare on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bilcare is 27AABCB2242F1Z6, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Bilcare is L28939PN1987PLC043953. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Bilcare is a listed company as per MCA records. Its shares are listed on both BSE (code: 526853) and NSE (symbol: BI).
Bilcare has 162 court cases on record: 58 filed by the company and 104 filed against it. 33 are pending. Most are in the district courts.
Bilcare was incorporated on 01 July 1987, making it 39+ years old. It is registered with the Registrar of Companies, Pune.
Bilcare has 37 deals on record (30 market trades, 7 funding rounds), with disclosed funding of ₹475.94 Cr; the latest was in September 2026.