Bilcare Limited - packaging in Pune, Maharashtra, India. FY 2026 financials and compliance.
CIN L28939PN1987PLC043953 Incorporated 01 July 1987 ROC Pune HQ Pune, Maharashtra, India
Active Listed - BSE: 526853 Public Limited Company packaging
Data last updated
Revenue · FY 2025
₹806.5 Cr
▲ 5.00% YoY
EBITDA · FY 2025
*****
▲ 4.00% YoY
Net profit · FY 2025
*****
▲ 4.00% YoY
Authorised capital
₹45 Cr
Registered with MCA
Paid-up capital
₹23.55 Cr
Issued & subscribed
Open charges
₹666.96 Cr
Satisfied ₹3,764.67 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
70
Latest available

About Bilcare Limited

Data last updated: 01 July 2026

Bilcare Limited is a public limited company based in Pune, Maharashtra, India. It specialises in packaging films and foils, a part of the broader packaging sector. Incorporated on 01 July 1987, the company has been in operation for over 39 years.

Registered with ROC Pune under CIN L28939PN1987PLC043953. Listed on BSE: 526853.

Capital: an authorised share capital of ₹45 Cr and a paid-up capital of ₹23.55 Cr. Formerly known as Bhandari Paper Products Private Limited. It is led by directors including Shreyans Mohan Bhandari and Rajesh Shankarrao Devene.

Last AGM: 24 September 2025. Financial statements filed for year ended 31 March 2025. Office: Gat No 1028 At Village Shiroli Tal Khed Rajgurnagar, Pune, Maharashtra, India – 410505.

As per the financials filed for FY 2025, the company reported a revenue of ₹806.5 Cr, a growth of 5% compared to the previous year.

The company has a workforce of approximately 70 employees as per the latest available data. 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.

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 of Bilcare Limited
CIN L28939PN1987PLC043953
Registration Number 043953
Incorporation Date 01 July 1987
ROC Pune
Listing Status Listed (BSE: 526853)
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    **************
  • Website
  • Social Media
  • Registered Address
    Gat No 1028 At Village Shiroli Tal Khed Rajgurnagar, Pune, Maharashtra, India – 410505
  • Industry
    Packaging, Packaging Films & Foils, Pharmaceutical Packaging Solutions
Company report
Bilcare Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Bilcare Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Bilcare Limited

Bilcare Limited 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

Associated Brands with Bilcare Limited

Bilcare Limited operates one associated brand: Bilcare. These brands represent Bilcare Limited's diversified market presence and brand portfolio.

Brand Description Website
Pharmaceutical packaging, clinical supplies, and anti-counterfeiting solutions are provided. bilcare.com

Competitors & Alternatives of Bilcare Limited

Brands and companies operating in the same space as Bilcare Limited include Jubilant Life Sciences, Akums, Nectar Lifesciences and 5 more.

Competitor Description Location Founded
Jubilant Life Sciences Jubilant Life Sciences Company offering a suite of R&D and manufacturing services for small molecules and generics Noida, India, India 1978
Akums Akums CDMO focusing on spectrum of dosage forms and therapeutic segments Delhi, India, India 2004
Nectar Lifesciences Nectar Lifesciences Cephalosporin APIs and generic formulations are manufactured. Chandigarh, India, India 1995
Windlas Windlas Biopharma regulatory affairs, quality control, and strategy services are provided. Gurugram, India, India 2001
Unither Unither Contract development and manufacturing organization for proprietary and generic drugs Paris, France, France 1993
Recipharm Recipharm Pharmaceutical development and manufacturing services are offered contractually. Jordbro, Sweden, Sweden 1995
CoreRx CoreRx CDMO with a focus on early phase drug product development Clearwater, United States, United States 2006
MedPharm MedPharm Topical and inhaled drug delivery formulations are developed and manufactured. Guildford, United Kingdom, United Kingdom 1998

Business Activity of Bilcare Limited

Bilcare Limited is engaged in the principal business activity of support service to organizations, with detailed activities including other support services to organizations.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
N Support service to Organizations N7 Other support services to organizations *********

Auditor Details of Bilcare Limited

Bilcare Limited is audited by K R MINIYAR & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
K R MINIYAR & ASSOCIATES blur-value blur-value blur-value

Board of Directors of Bilcare Limited

Bilcare Limited is currently managed by 8 directors, with 37 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Shreyans Mohan Bhandari Managing Director 01 Jul 2022 4 Years 0 Months Current
Rajesh Shankarrao Devene Director 22 Apr 2019 7 Years 2 Months Current
Alka Sagar Director 14 Aug 2024 1 Years 10 Months Current
Kavita Sumit Bhansali Whole-Time Director 14 Aug 2023 2 Years 10 Months Current
Ashwini Ashok Hasabnis Additional Director 25 Apr 2026 0 Years 2 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Bilcare Limited FY 2025 filings available

Bilcare Limited reported revenue of ₹806.5 Cr (up 5% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹806.5 Cr ▲ 5%
Profit
***** ▲ 4%
EBITDA
***** ▲ 4%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Bilcare Limited

As of FY 2023, Bilcare Limited's shareholding pattern shows 30.01% by promoters, 69.58% by public shareholders, 0.42% by others. Public shareholders hold the majority stake, reflecting broad public ownership.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Group Structure of Bilcare Limited

Bilcare Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Bilcare Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Caprihans India Limited L29150MH1946PLC004877
**.**%

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Bilcare Limited

Open charges
₹666.96 Cr
Satisfied charges
₹3,764.67 Cr
Breakdown by lending institutions
Others₹666.96 Cr
Latest charge details
DateLenderAmountStatus
19 Dec 2023 Others ₹50 Cr Open
28 Mar 2023 Others ₹616.96 Cr Open
26 Feb 2018 Lakshmi Vilas Bank Limited ₹91.62 Cr Satisfied
10 Jun 2015 Others ₹44.92 Cr Satisfied
14 Oct 2014 Lakshmi Vilas Bank Limited ₹25.25 Cr Satisfied

Total charge records: 31 View all charges

Employees and EPFO Compliance at Bilcare Limited

Bilcare Limited has a workforce of 70 employees as of Apr 10, 2024.

Employee count
70
Active EPFO establishments
1
Employee growth
-75.35%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Bilcare Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Bilcare Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Bilcare Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Bilcare Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Bilcare Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Bilcare Limited

MSME Payment Delays by Bilcare Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Bilcare Limited

Subsidiaries & Group Companies of Bilcare Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Bilcare Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Bilcare Limited

MCA Filings & Documents of Bilcare Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Bilcare Limited

Directors
25 Apr 2026
Ashwini Ashok Hasabnis was appointed as a Additional Director on 25 Apr 2026 & has been associated with this company since 2 months 16 days.
Charges
26 Sep 2025
A charge with Others of Rs. 616.96 Cr registered on 28 Mar 2023 with Charge ID 100711386 was modified on 26 Sep 2025.
Activity
24 Sep 2025
Bilcare Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Bilcare Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Directors
14 Aug 2024
Alka Sagar was appointed as a Director on 14 Aug 2024 & has been associated with this company since 1 year 10 months.
Directors
08 Feb 2024
Sagar Ramnarayan Baheti was appointed as a Company Secretary on 08 Feb 2024 & has been associated with this company since 2 years 5 months.

Frequently Asked Questions about Bilcare Limited

Bilcare Limited is an active public limited company in the packaging sector based in Pune, Maharashtra, India. It was incorporated on 01 July 1987 (39+ years old) and is registered under CIN L28939PN1987PLC043953. Listed on BSE: 526853. The company has 70 employees.

Bilcare Limited reported revenue of ₹806.5 Cr for FY 2025 (up 5.00% YoY).

The current directors of Bilcare Limited are:

The primary industry of Bilcare Limited is packaging. The company specifically operates in packaging films and foils. The company is currently active in this sector.

Yes. Bilcare Limited is listed on BSE with code 526853.

Bilcare Limited can be reached at the registered office: Gat No 1028 At Village Shiroli Tal Khed Rajgurnagar, Pune, Maharashtra, India – 410505, or through the website bilcare.com.

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