About Hester Biosciences Limited
Data last updated: 28 January 2026
Hester Biosciences Limited is a public limited company based in Mahesana, Gujarat, India. It specialises in animal pharmaceuticals and healthcare, a part of the broader pharmaceuticals sector. Incorporated on 29 April 1987, the company has been in operation for over 39 years.
Registered with ROC Ahmedabad under CIN L99999GJ1987PLC022333. Listed on BSE: 524669 and NSE: HESTERBIO.
Capital: an authorised share capital of ₹11.2 Cr and a paid-up capital of ₹8.51 Cr. Formerly known as Hester Pharmaceuticals Limited and Hester Pharmaceuticals Private Limited. It is led by directors including Jatin Yagneshbhai Trivedi and Sandhya Maulik Patel.
Last AGM: 13 August 2025. Financial statements filed for year ended 31 March 2025. Office: Mahesana, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹315.03 Cr, a growth of 0% compared to the previous year.
The company has a workforce of approximately 695 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Hester Biosciences. As per MCA filings, the company has open charges of ₹202.05 Cr and satisfied charges of ₹90.09 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 hester.in.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media
-
Registered AddressVillage Meda – Adraj, Taluka Kadi, Mahesana, Gujarat, India – 384441
-
IndustryPharma, Animal Pharmaceuticals & Healthcare
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Hester Biosciences Limited
Hester Biosciences Limited has undergone 2 name changes throughout its history. The company was previously known as Hester Pharmaceuticals Limited, and Hester Pharmaceuticals Private Limited. The current legal name is Hester Biosciences Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Hester Biosciences Limited | Current |
| Hester Pharmaceuticals Limited | Previous |
| Hester Pharmaceuticals Private Limited | Previous |
CIN History of Hester Biosciences Limited
Hester Biosciences Limited has one previous CIN (Corporate Identification Number): L99999GJ1994PTC022333. The current CIN is L99999GJ1987PLC022333, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L99999GJ1987PLC022333 | Current |
| L99999GJ1994PTC022333 | Previous |
Associated Brands with Hester Biosciences Limited
Hester Biosciences Limited operates one associated brand: Hester Biosciences. These brands represent Hester Biosciences Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of animal vaccines and healthcare products | hester.in |
Competitors & Alternatives of Hester Biosciences Limited
Brands and companies operating in the same space as Hester Biosciences Limited include Zoetis, Ceva, QBiotics and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
|
|
Animal medicines, vaccines, and diagnostics are manufactured and supplied. | Brussels, Belgium, Belgium | 2012 |
|
|
Animal health therapeutics are developed and supplied globally by Ceva. | Libourne, France, France | 1999 |
|
|
Small molecules from plant extracts are developed for medical applications. | Brisbane, Australia, Australia | 2000 |
|
|
Developer of monoclonal antibody therapeutics for pets | Babraham, United Kingdom, United Kingdom | 2017 |
|
|
Biopharmaceuticals for animals are manufactured and supplied through partnerships. | Liege, Belgium, Belgium | 2014 |
|
|
Veterinary antibodies for cats, dogs, and horses are developed. | Burlingame, United States, United States | 2012 |
|
|
Herpesvirus-based animal vaccines are developed against infectious diseases. | Plymouth, United Kingdom, United Kingdom | 2017 |
|
|
Proprietary microbiome technology is developed for companion and food animals. | Farmington, United States, United States | 2016 |
|
|
Protein-based biopharmaceuticals for animal disease treatment are developed. | Haidian, China, China | 2016 |
Business Activity of Hester Biosciences Limited
Hester Biosciences Limited is engaged in principal business activities including manufacturing and trade, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products, wholesale trading. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | ********* |
| G | Trade | G1 | Wholesale Trading | ********* |
Auditor Details of Hester Biosciences Limited
Hester Biosciences Limited is audited by Chandulal M. Shah & Co. (ICAI peer reviewed, certificate valid till 2026-06-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Chandulal M. Shah & Co. (ICAI peer reviewed, certificate valid till 2026-06-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Hester Biosciences Limited
Hester Biosciences Limited is currently managed by 13 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jatin Yagneshbhai Trivedi | Director | 26 Jun 2023 | 3 Years 0 Months | Current |
| Sandhya Maulik Patel | Director | 01 Apr 2020 | 6 Years 3 Months | Current |
|
Ravin Kanti Gandhi
Also directs:
Hester Biosciences Limited
|
Director | 22 Apr 1999 | 27 Years 2 Months | Current |
| Ameetkumar Hiranyakumar Desai | Director | 28 Oct 2021 | 4 Years 8 Months | Current |
|
Sanjiv Dinesh Gandhi
Also directs:
Hester Biosciences Limited, Biolink Healthcare Limited, Stroke India Help Association and 1 more
|
Director | 29 Apr 1987 | 39 Years 2 Months | Current |
|
Nina Rajiv Gandhi
Also directs:
Hester Biosciences Limited, Biolink Healthcare Limited, Hester Diagnostics Private Limited and 3 more
|
Alternate Director | 07 May 2016 | 10 Years 2 Months | Current |
Financials of Hester Biosciences Limited FY 2026 filings available
Hester Biosciences Limited reported revenue of ₹332.6 Cr (up 6.91% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹332.6 Cr | ₹311.1 Cr | ₹304.55 Cr | ₹266.09 Cr | ₹235.01 Cr | ₹214.33 Cr | ₹183.27 Cr |
| Other Income | ₹9.68 Cr | ₹3.92 Cr | ₹10.64 Cr | ₹15.15 Cr | ₹13.74 Cr | ₹4.68 Cr | ₹6.37 Cr |
| Total Income | ₹342.28 Cr | ₹315.03 Cr | ₹315.18 Cr | ₹281.24 Cr | ₹248.75 Cr | ₹219.02 Cr | ₹189.63 Cr |
| Cost of Materials Consumed | ₹70.62 Cr | ₹63.95 Cr | ₹54.31 Cr | ₹52.99 Cr | ₹60.65 Cr | ₹38.66 Cr | ₹29.36 Cr |
| Purchases of Stock-in-Trade | ₹15.75 Cr | ₹17.6 Cr | ₹32.82 Cr | ₹29.75 Cr | ₹12.62 Cr | ₹7.97 Cr | ₹6.52 Cr |
| Changes in Inventories | -₹4.41 Cr | ₹6.78 Cr | ₹8.74 Cr | -₹5.25 Cr | -₹10.56 Cr | ₹3.6 Cr | -₹16.17 Cr |
| Employee Benefit Expense | ₹62.67 Cr | ₹62.42 Cr | ₹64.13 Cr | ₹56.02 Cr | ₹45.33 Cr | ₹38.92 Cr | ₹40.65 Cr |
| Finance Costs | ₹10.93 Cr | ₹12.7 Cr | ₹19.78 Cr | ₹9.32 Cr | ₹4.06 Cr | ₹6.6 Cr | ₹7.37 Cr |
| Depreciation & Amortisation | ₹18.88 Cr | ₹16.8 Cr | ₹17.17 Cr | ₹20.7 Cr | ₹16.58 Cr | ₹13.31 Cr | ₹13.07 Cr |
| Other Expenses | ₹101.32 Cr | ₹99.3 Cr | ₹90.88 Cr | ₹81.98 Cr | ₹66.98 Cr | ₹56.53 Cr | ₹67.51 Cr |
| Total Expenses | ₹275.76 Cr | ₹279.56 Cr | ₹287.84 Cr | ₹245.5 Cr | ₹195.67 Cr | ₹165.59 Cr | ₹148.31 Cr |
| Profit Before Exceptional Items & Tax | ₹66.53 Cr | ₹35.47 Cr | ₹27.34 Cr | ₹35.75 Cr | ₹53.08 Cr | ₹53.42 Cr | ₹41.33 Cr |
| Exceptional Items | ₹2.94 Cr | ₹0 | ₹0 | ₹0 | ₹0 | -₹3.32 Cr | ₹0 |
| Profit Before Tax | ₹69.46 Cr | ₹35.47 Cr | ₹27.34 Cr | ₹35.75 Cr | ₹53.08 Cr | ₹50.1 Cr | ₹41.33 Cr |
| Total Tax Expense | ₹18.35 Cr | ₹10.75 Cr | ₹10.79 Cr | ₹12.12 Cr | ₹14.02 Cr | ₹15.41 Cr | ₹10.32 Cr |
| Net Profit | ₹57.48 Cr | ₹28.83 Cr | ₹21.17 Cr | ₹28.04 Cr | ₹39.48 Cr | ₹34.7 Cr | ₹31 Cr |
| attributable to Owners | ₹55.64 Cr | ₹27.49 Cr | ₹18.89 Cr | ₹26.63 Cr | ₹39.32 Cr | ₹34.43 Cr | ₹29.17 Cr |
| attributable to NCI | ₹1.85 Cr | ₹1.34 Cr | ₹2.28 Cr | ₹1.41 Cr | ₹16.4 Lakh | ₹26.8 Lakh | ₹1.83 Cr |
| Other Comprehensive Income | -₹2.33 Cr | ₹5.9 Lakh | -₹3.3 Lakh | ₹1.63 Cr | ₹82.1 Lakh | -₹1.58 Cr | ₹2.05 Cr |
| Total Comprehensive Income | ₹55.16 Cr | ₹28.89 Cr | ₹21.13 Cr | ₹29.66 Cr | ₹40.31 Cr | ₹33.12 Cr | ₹33.05 Cr |
| EBITDA (computed) | ₹96.34 Cr | ₹64.98 Cr | ₹64.29 Cr | ₹65.76 Cr | ₹73.72 Cr | ₹73.34 Cr | ₹61.77 Cr |
| Basic EPS | ₹67.57 | ₹33.89 | ₹24.88 | ₹32.96 | ₹46.41 | ₹40.79 | ₹36.44 |
| Diluted EPS | ₹67.57 | ₹33.89 | ₹24.88 | ₹0.00 | ₹46.41 | ₹40.79 | ₹36.44 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹677.94 Cr | ₹653.39 Cr | ₹662.35 Cr | ₹669.97 Cr |
| Non-current Assets | ₹469.38 Cr | ₹458.21 Cr | ₹447.73 Cr | ₹442.37 Cr |
| Current Assets | ₹208.56 Cr | ₹195.17 Cr | ₹214.62 Cr | ₹227.59 Cr |
| Property, Plant & Equipment | ₹411.06 Cr | ₹232.68 Cr | ₹239.47 Cr | ₹258.9 Cr |
| Inventories | ₹72.53 Cr | ₹70.38 Cr | ₹75.58 Cr | ₹84.81 Cr |
| Trade Receivables | ₹95.36 Cr | ₹73.18 Cr | ₹78.65 Cr | ₹79.63 Cr |
| Cash & Equivalents | ₹2.77 Cr | ₹5.59 Cr | ₹12.75 Cr | ₹13.16 Cr |
| Equity (Net Worth) | ₹367.79 Cr | ₹326.66 Cr | ₹302.88 Cr | ₹288.55 Cr |
| Equity Share Capital | ₹8.51 Cr | ₹8.51 Cr | ₹8.51 Cr | ₹8.51 Cr |
| Borrowings (Non-current) | ₹89.96 Cr | ₹133.37 Cr | ₹181.77 Cr | ₹184.85 Cr |
| Borrowings (Current) | ₹98.29 Cr | ₹74.41 Cr | ₹57.27 Cr | ₹83.3 Cr |
| Total Debt (computed) | ₹188.26 Cr | ₹207.78 Cr | ₹239.04 Cr | ₹268.15 Cr |
| Current Liabilities | ₹152.48 Cr | ₹125.18 Cr | ₹105.79 Cr | ₹148.7 Cr |
| Total Liabilities | ₹310.15 Cr | ₹326.73 Cr | ₹359.47 Cr | ₹381.42 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹64.14 Cr | ₹64.51 Cr | ₹48.13 Cr | ₹23.6 Cr | ₹8.81 Cr |
| Investing Cash Flow | -₹3.29 Cr | -₹19 Cr | -₹22.65 Cr | -₹77 Cr | -₹116.59 Cr |
| Financing Cash Flow | -₹48.79 Cr | -₹51.72 Cr | -₹26.05 Cr | ₹41.76 Cr | ₹111.61 Cr |
| Capital Expenditure | ₹17.83 Cr | ₹20.59 Cr | ₹24.4 Cr | ₹77.76 Cr | ₹95.71 Cr |
| Free Cash Flow (computed) | ₹46.31 Cr | ₹43.92 Cr | ₹23.74 Cr | -₹54.17 Cr | -₹86.9 Cr |
| Dividends Paid | ₹6.03 Cr | ₹5.17 Cr | ₹6.81 Cr | ₹8.51 Cr | ₹8.51 Cr |
| Net Change in Cash | -₹2.82 Cr | -₹6.72 Cr | -₹40.8 Lakh | -₹11.59 Cr | ₹3.48 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹100.11 Cr | ₹77.42 Cr | ₹70.97 Cr | ₹84.11 Cr | ₹81.93 Cr | ₹63.22 Cr | ₹83.69 Cr | ₹82.27 Cr | ₹79.26 Cr | ₹66.98 Cr | ₹70.46 Cr | ₹87.85 Cr |
| Other Income | -₹3.03 Cr | ₹66.9 Lakh | ₹9.73 Cr | ₹2.32 Cr | -₹6.95 Cr | ₹7.81 Cr | ₹1.84 Cr | ₹1.23 Cr | ₹4.15 Cr | ₹99 Lakh | ₹4.36 Cr | ₹1.15 Cr |
| Total Income | ₹97.08 Cr | ₹78.08 Cr | ₹80.7 Cr | ₹86.42 Cr | ₹74.98 Cr | ₹71.03 Cr | ₹85.53 Cr | ₹83.49 Cr | ₹83.4 Cr | ₹67.97 Cr | ₹74.81 Cr | ₹89 Cr |
| Cost of Materials Consumed | ₹21.3 Cr | ₹18.34 Cr | ₹17.43 Cr | ₹13.56 Cr | ₹15.56 Cr | ₹16.53 Cr | ₹15.91 Cr | ₹15.95 Cr | ₹14.47 Cr | ₹13.34 Cr | ₹14.29 Cr | ₹12.22 Cr |
| Purchases of Stock-in-Trade | ₹5.65 Cr | ₹5.65 Cr | -₹14.2 Lakh | ₹4.59 Cr | ₹4.7 Cr | ₹4.79 Cr | ₹3.02 Cr | ₹5.09 Cr | ₹6.41 Cr | ₹5.96 Cr | ₹6.02 Cr | ₹14.43 Cr |
| Changes in Inventories | -₹7.5 Cr | -₹3.26 Cr | ₹2.03 Cr | ₹4.32 Cr | ₹47.6 Lakh | -₹1.69 Cr | ₹5.6 Cr | ₹2.4 Cr | ₹66.3 Lakh | ₹1.34 Cr | -₹78.3 Lakh | ₹7.52 Cr |
| Employee Benefit Expense | ₹16.37 Cr | ₹15.52 Cr | ₹15.5 Cr | ₹15.28 Cr | ₹14.19 Cr | ₹16.34 Cr | ₹15.9 Cr | ₹16 Cr | ₹16.1 Cr | ₹15.58 Cr | ₹16.45 Cr | ₹16 Cr |
| Finance Costs | ₹5.1 Cr | ₹1.82 Cr | ₹2.21 Cr | ₹1.81 Cr | ₹5.62 Cr | -₹3.81 Cr | ₹5.89 Cr | ₹5.01 Cr | ₹6.94 Cr | ₹2.19 Cr | ₹8.08 Cr | ₹2.57 Cr |
| Depreciation & Amortisation | ₹5.91 Cr | ₹4.43 Cr | ₹4.35 Cr | ₹4.18 Cr | ₹4.18 Cr | ₹4.29 Cr | ₹4.2 Cr | ₹4.13 Cr | ₹3.74 Cr | ₹3.75 Cr | ₹4.28 Cr | ₹5.4 Cr |
| Other Expenses | ₹29.96 Cr | ₹23.38 Cr | ₹24.43 Cr | ₹23.55 Cr | ₹27.81 Cr | ₹22.19 Cr | ₹24.12 Cr | ₹25.18 Cr | ₹25.69 Cr | ₹20.61 Cr | ₹21.27 Cr | ₹23.32 Cr |
| Total Expenses | ₹76.79 Cr | ₹65.88 Cr | ₹65.81 Cr | ₹67.28 Cr | ₹72.54 Cr | ₹58.64 Cr | ₹74.62 Cr | ₹73.76 Cr | ₹74.01 Cr | ₹62.77 Cr | ₹69.6 Cr | ₹81.46 Cr |
| Profit Before Exceptional Items & Tax | ₹20.3 Cr | ₹12.21 Cr | ₹14.88 Cr | ₹19.14 Cr | ₹2.44 Cr | ₹12.39 Cr | ₹10.91 Cr | ₹9.73 Cr | ₹9.39 Cr | ₹5.2 Cr | ₹5.21 Cr | ₹7.54 Cr |
| Exceptional Items | ₹2.94 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹23.23 Cr | ₹12.21 Cr | ₹14.88 Cr | ₹19.14 Cr | ₹2.44 Cr | ₹12.39 Cr | ₹10.91 Cr | ₹9.73 Cr | ₹9.39 Cr | ₹5.2 Cr | ₹5.21 Cr | ₹7.54 Cr |
| Total Tax Expense | ₹8.54 Cr | ₹4.21 Cr | ₹2.71 Cr | ₹2.89 Cr | ₹2.2 Cr | ₹1.96 Cr | ₹3.48 Cr | ₹3.11 Cr | ₹3.47 Cr | ₹2.39 Cr | ₹2.72 Cr | ₹2.2 Cr |
| Net Profit | ₹16.55 Cr | ₹9.31 Cr | ₹14.33 Cr | ₹17.3 Cr | ₹1.54 Cr | ₹11.41 Cr | ₹8.39 Cr | ₹7.49 Cr | ₹6.4 Cr | ₹4.02 Cr | ₹4.04 Cr | ₹6.71 Cr |
| attributable to Owners | ₹15.98 Cr | ₹8.77 Cr | ₹14.45 Cr | ₹16.44 Cr | ₹1.29 Cr | ₹11.66 Cr | ₹8.2 Cr | ₹6.34 Cr | ₹4.95 Cr | ₹3.98 Cr | ₹4.09 Cr | ₹5.87 Cr |
| attributable to NCI | ₹56.4 Lakh | ₹54.5 Lakh | -₹11.8 Lakh | ₹85.4 Lakh | ₹25 Lakh | -₹25.4 Lakh | ₹19.2 Lakh | ₹1.15 Cr | ₹1.45 Cr | ₹3.6 Lakh | -₹4.5 Lakh | ₹84.1 Lakh |
| Other Comprehensive Income | -₹63.1 Lakh | -₹40.5 Lakh | -₹1.12 Cr | -₹17.6 Lakh | -₹17.2 Lakh | -₹36.9 Lakh | ₹20.9 Lakh | ₹39.1 Lakh | ₹1.15 Cr | -₹23.2 Lakh | -₹56.9 Lakh | -₹38.4 Lakh |
| Total Comprehensive Income | ₹15.92 Cr | ₹8.91 Cr | ₹13.22 Cr | ₹17.12 Cr | ₹1.37 Cr | ₹11.04 Cr | ₹8.6 Cr | ₹7.88 Cr | ₹7.55 Cr | ₹3.79 Cr | ₹3.47 Cr | ₹6.33 Cr |
| EBITDA (computed) | ₹31.3 Cr | ₹18.46 Cr | ₹21.45 Cr | ₹25.13 Cr | ₹12.23 Cr | ₹12.87 Cr | ₹21 Cr | ₹18.88 Cr | ₹20.07 Cr | ₹11.15 Cr | ₹17.57 Cr | ₹15.51 Cr |
| Basic EPS | ₹19.45 | ₹10.94 | ₹16.85 | ₹20.33 | ₹1.82 | ₹13.41 | ₹9.86 | ₹8.80 | ₹7.52 | ₹4.73 | ₹4.75 | ₹7.89 |
| Diluted EPS | ₹19.45 | ₹10.94 | ₹16.85 | ₹20.33 | ₹1.82 | ₹13.41 | ₹9.86 | ₹8.80 | ₹7.52 | ₹4.73 | ₹4.75 | ₹7.89 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Poultry Healthcare | ₹64.72 Cr | ₹23.11 Cr | ₹123.36 Cr | ₹15.8 Cr |
| Animal Healthcare | ₹35.39 Cr | ₹4.95 Cr | ₹225.39 Cr | ₹23.32 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Poultry Healthcare | ₹205.97 Cr | ₹58.09 Cr | - | - |
| Animal Healthcare | ₹126.63 Cr | ₹25.27 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹292.14 Cr | ₹286.47 Cr | ₹285.16 Cr | ₹254 Cr | ₹219.35 Cr | ₹208.48 Cr | ₹169.43 Cr |
| Other Income | ₹7.64 Cr | ₹4.76 Cr | ₹4.26 Cr | ₹5.32 Cr | ₹4.66 Cr | ₹1.65 Cr | ₹2.93 Cr |
| Total Income | ₹299.77 Cr | ₹291.23 Cr | ₹289.42 Cr | ₹259.32 Cr | ₹224.01 Cr | ₹210.13 Cr | ₹172.35 Cr |
| Cost of Materials Consumed | ₹46.22 Cr | ₹38.86 Cr | ₹32.69 Cr | ₹29.28 Cr | ₹34.93 Cr | ₹24.18 Cr | ₹21.13 Cr |
| Purchases of Stock-in-Trade | ₹39.44 Cr | ₹44.84 Cr | ₹56.6 Cr | ₹55.37 Cr | ₹39.3 Cr | ₹25.21 Cr | ₹17.19 Cr |
| Changes in Inventories | -₹3.69 Cr | ₹9.97 Cr | ₹10.36 Cr | -₹4.77 Cr | -₹12.53 Cr | ₹4.01 Cr | -₹15.57 Cr |
| Employee Benefit Expense | ₹53.17 Cr | ₹54.76 Cr | ₹56.72 Cr | ₹47.92 Cr | ₹39.12 Cr | ₹33.45 Cr | ₹37.16 Cr |
| Finance Costs | ₹7.17 Cr | ₹5.37 Cr | ₹5.09 Cr | ₹6.5 Cr | ₹2.47 Cr | ₹3.95 Cr | ₹5.03 Cr |
| Depreciation & Amortisation | ₹10.25 Cr | ₹8.58 Cr | ₹9.78 Cr | ₹9.79 Cr | ₹9.5 Cr | ₹9.63 Cr | ₹9.39 Cr |
| Other Expenses | ₹84.52 Cr | ₹87.1 Cr | ₹81.45 Cr | ₹71.32 Cr | ₹57.96 Cr | ₹49.64 Cr | ₹56.8 Cr |
| Total Expenses | ₹237.09 Cr | ₹249.47 Cr | ₹252.69 Cr | ₹215.4 Cr | ₹170.75 Cr | ₹150.06 Cr | ₹131.12 Cr |
| Profit Before Exceptional Items & Tax | ₹62.69 Cr | ₹41.76 Cr | ₹36.73 Cr | ₹43.92 Cr | ₹53.26 Cr | ₹60.06 Cr | ₹41.23 Cr |
| Exceptional Items | ₹7 Cr | ₹0 | ₹0 | ₹0 | ₹0 | -₹5.28 Cr | ₹0 |
| Profit Before Tax | ₹69.68 Cr | ₹41.76 Cr | ₹36.73 Cr | ₹43.92 Cr | ₹53.26 Cr | ₹54.78 Cr | ₹41.23 Cr |
| Total Tax Expense | ₹17.58 Cr | ₹9.92 Cr | ₹9.57 Cr | ₹11.58 Cr | ₹13.74 Cr | ₹14.88 Cr | ₹10 Cr |
| Net Profit | ₹52.1 Cr | ₹31.84 Cr | ₹27.16 Cr | ₹32.34 Cr | ₹39.52 Cr | ₹39.9 Cr | ₹31.22 Cr |
| Other Comprehensive Income | -₹5 Lakh | -₹36.3 Lakh | -₹2.4 Lakh | ₹11.3 Lakh | -₹15.7 Lakh | ₹21.4 Lakh | -₹40.1 Lakh |
| Total Comprehensive Income | ₹52.05 Cr | ₹31.48 Cr | ₹27.14 Cr | ₹32.46 Cr | ₹39.36 Cr | ₹40.12 Cr | ₹30.82 Cr |
| EBITDA (computed) | ₹80.11 Cr | ₹55.71 Cr | ₹51.6 Cr | ₹60.21 Cr | ₹65.23 Cr | ₹73.64 Cr | ₹55.65 Cr |
| Basic EPS | ₹61.24 | ₹37.43 | ₹31.93 | ₹38.02 | ₹46.45 | ₹46.90 | ₹36.70 |
| Diluted EPS | ₹61.24 | ₹37.43 | ₹31.93 | ₹38.02 | ₹46.45 | ₹46.90 | ₹36.70 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹557.35 Cr | ₹546 Cr | ₹549.55 Cr | ₹545.82 Cr |
| Non-current Assets | ₹367.58 Cr | ₹360.76 Cr | ₹345.13 Cr | ₹329.77 Cr |
| Current Assets | ₹189.76 Cr | ₹185.24 Cr | ₹204.41 Cr | ₹216.05 Cr |
| Property, Plant & Equipment | ₹287.61 Cr | ₹104.83 Cr | ₹102.89 Cr | ₹107.85 Cr |
| Inventories | ₹59.98 Cr | ₹58.51 Cr | ₹68.53 Cr | ₹79.22 Cr |
| Trade Receivables | ₹92.04 Cr | ₹80.6 Cr | ₹85.78 Cr | ₹82.36 Cr |
| Cash & Equivalents | ₹79 Lakh | ₹54.5 Lakh | ₹2.41 Cr | ₹4.3 Cr |
| Equity (Net Worth) | ₹385.18 Cr | ₹339.09 Cr | ₹312.71 Cr | ₹292.38 Cr |
| Equity Share Capital | ₹8.51 Cr | ₹8.51 Cr | ₹8.51 Cr | ₹8.51 Cr |
| Borrowings (Non-current) | ₹21.68 Cr | ₹51.31 Cr | ₹79.07 Cr | ₹83.4 Cr |
| Borrowings (Current) | ₹52.79 Cr | ₹52.96 Cr | ₹54.49 Cr | ₹80.93 Cr |
| Total Debt (computed) | ₹74.47 Cr | ₹104.27 Cr | ₹133.56 Cr | ₹164.32 Cr |
| Current Liabilities | ₹91.92 Cr | ₹96.7 Cr | ₹97.72 Cr | ₹136.47 Cr |
| Total Liabilities | ₹172.16 Cr | ₹206.91 Cr | ₹236.83 Cr | ₹253.43 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹50.92 Cr | ₹63.97 Cr | ₹42.81 Cr | ₹33.36 Cr | ₹15.91 Cr |
| Investing Cash Flow | -₹2.36 Cr | -₹19.04 Cr | -₹20.63 Cr | -₹71.96 Cr | -₹110.58 Cr |
| Financing Cash Flow | -₹48.31 Cr | -₹46.35 Cr | -₹24.07 Cr | ₹41.38 Cr | ₹94.96 Cr |
| Capital Expenditure | ₹17.33 Cr | ₹20.63 Cr | ₹22.38 Cr | ₹72.64 Cr | ₹90.67 Cr |
| Free Cash Flow (computed) | ₹33.6 Cr | ₹43.34 Cr | ₹20.44 Cr | -₹39.28 Cr | -₹74.76 Cr |
| Dividends Paid | ₹6.03 Cr | ₹5.17 Cr | ₹6.81 Cr | ₹8.51 Cr | ₹8.51 Cr |
| Net Change in Cash | ₹24.5 Lakh | -₹1.42 Cr | -₹1.89 Cr | ₹2.77 Cr | ₹28.4 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹93.71 Cr | ₹70.35 Cr | ₹64.58 Cr | ₹63.49 Cr | ₹76.67 Cr | ₹62.83 Cr | ₹73.5 Cr | ₹73.47 Cr | ₹72.87 Cr | ₹65.51 Cr | ₹66.43 Cr | ₹80.35 Cr |
| Other Income | ₹4.18 Cr | ₹1.04 Cr | ₹1.48 Cr | ₹94.6 Lakh | ₹1.06 Cr | ₹1.3 Cr | ₹1.35 Cr | ₹1.06 Cr | ₹1.2 Cr | ₹98 Lakh | ₹1.22 Cr | ₹85.9 Lakh |
| Total Income | ₹97.89 Cr | ₹71.39 Cr | ₹66.05 Cr | ₹64.44 Cr | ₹77.73 Cr | ₹64.13 Cr | ₹74.85 Cr | ₹74.52 Cr | ₹74.08 Cr | ₹66.49 Cr | ₹67.65 Cr | ₹81.2 Cr |
| Cost of Materials Consumed | ₹16.51 Cr | ₹11.31 Cr | ₹9.72 Cr | ₹8.68 Cr | ₹9.02 Cr | ₹8.44 Cr | ₹10.81 Cr | ₹10.59 Cr | ₹9.17 Cr | ₹6.65 Cr | ₹8.43 Cr | ₹8.43 Cr |
| Purchases of Stock-in-Trade | ₹9.83 Cr | ₹12.84 Cr | ₹7.84 Cr | ₹8.93 Cr | ₹13.64 Cr | ₹12.01 Cr | ₹9.26 Cr | ₹9.93 Cr | ₹13.59 Cr | ₹13.57 Cr | ₹11.68 Cr | ₹17.75 Cr |
| Changes in Inventories | -₹6 Cr | -₹2.78 Cr | ₹3.21 Cr | ₹1.87 Cr | ₹3.28 Cr | -₹27.2 Lakh | ₹4.52 Cr | ₹2.44 Cr | ₹51.4 Lakh | ₹1.43 Cr | ₹25.8 Lakh | ₹8.16 Cr |
| Employee Benefit Expense | ₹14 Cr | ₹12.91 Cr | ₹13.02 Cr | ₹13.25 Cr | ₹12.14 Cr | ₹14.31 Cr | ₹14.11 Cr | ₹14.21 Cr | ₹14.32 Cr | ₹13.61 Cr | ₹14.66 Cr | ₹14.13 Cr |
| Finance Costs | ₹4.09 Cr | ₹89.8 Lakh | ₹1.27 Cr | ₹90.5 Lakh | ₹1.25 Cr | ₹1.59 Cr | ₹1.4 Cr | ₹1.13 Cr | ₹1.31 Cr | ₹1.37 Cr | ₹1.48 Cr | ₹94.2 Lakh |
| Depreciation & Amortisation | ₹3.68 Cr | ₹2.21 Cr | ₹2.2 Cr | ₹2.16 Cr | ₹2.03 Cr | ₹2.24 Cr | ₹2.19 Cr | ₹2.12 Cr | ₹2.08 Cr | ₹2.57 Cr | ₹2.58 Cr | ₹2.55 Cr |
| Other Expenses | ₹27.9 Cr | ₹19.35 Cr | ₹18.92 Cr | ₹18.35 Cr | ₹24.89 Cr | ₹19.32 Cr | ₹20.08 Cr | ₹22.81 Cr | ₹22.86 Cr | ₹18.67 Cr | ₹19.41 Cr | ₹20.51 Cr |
| Total Expenses | ₹70.02 Cr | ₹56.75 Cr | ₹56.17 Cr | ₹54.15 Cr | ₹66.25 Cr | ₹57.64 Cr | ₹62.37 Cr | ₹63.22 Cr | ₹63.85 Cr | ₹57.87 Cr | ₹58.49 Cr | ₹72.47 Cr |
| Profit Before Exceptional Items & Tax | ₹27.87 Cr | ₹14.64 Cr | ₹9.88 Cr | ₹10.29 Cr | ₹11.48 Cr | ₹6.49 Cr | ₹12.48 Cr | ₹11.31 Cr | ₹10.23 Cr | ₹8.61 Cr | ₹9.16 Cr | ₹8.73 Cr |
| Exceptional Items | ₹7 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹34.87 Cr | ₹14.64 Cr | ₹9.88 Cr | ₹10.29 Cr | ₹11.48 Cr | ₹6.49 Cr | ₹12.48 Cr | ₹11.31 Cr | ₹10.23 Cr | ₹8.61 Cr | ₹9.16 Cr | ₹8.73 Cr |
| Total Tax Expense | ₹8.49 Cr | ₹3.97 Cr | ₹2.67 Cr | ₹2.45 Cr | ₹1.85 Cr | ₹2.05 Cr | ₹3.15 Cr | ₹2.87 Cr | ₹2.79 Cr | ₹2.14 Cr | ₹2.38 Cr | ₹2.26 Cr |
| Net Profit | ₹26.38 Cr | ₹10.67 Cr | ₹7.21 Cr | ₹7.84 Cr | ₹9.64 Cr | ₹4.44 Cr | ₹9.34 Cr | ₹8.43 Cr | ₹7.43 Cr | ₹6.48 Cr | ₹6.78 Cr | ₹6.47 Cr |
| Other Comprehensive Income | -₹5 Lakh | ₹18.2 Lakh | -₹9.2 Lakh | -₹9 Lakh | -₹34.5 Lakh | -₹60,000 | -₹60,000 | -₹60,000 | -₹10.9 Lakh | ₹2.9 Lakh | ₹2.7 Lakh | ₹2.9 Lakh |
| Total Comprehensive Income | ₹26.33 Cr | ₹10.85 Cr | ₹7.12 Cr | ₹7.75 Cr | ₹9.29 Cr | ₹4.43 Cr | ₹9.33 Cr | ₹8.43 Cr | ₹7.32 Cr | ₹6.5 Cr | ₹6.81 Cr | ₹6.5 Cr |
| EBITDA (computed) | ₹35.64 Cr | ₹17.75 Cr | ₹13.36 Cr | ₹13.36 Cr | ₹14.76 Cr | ₹10.32 Cr | ₹16.08 Cr | ₹14.55 Cr | ₹13.62 Cr | ₹12.55 Cr | ₹13.21 Cr | ₹12.22 Cr |
| Basic EPS | ₹31.01 | ₹12.54 | ₹8.48 | ₹9.21 | ₹11.33 | ₹5.22 | ₹10.97 | ₹9.91 | ₹8.74 | ₹7.61 | ₹7.97 | ₹7.61 |
| Diluted EPS | ₹31.01 | ₹12.54 | ₹8.48 | ₹9.21 | ₹11.33 | ₹5.22 | ₹10.97 | ₹9.91 | ₹8.74 | ₹7.61 | ₹7.97 | ₹7.61 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Poultry Healthcare | ₹65.07 Cr | ₹23.52 Cr | ₹122.99 Cr | ₹15.67 Cr |
| Animal Healthcare | ₹28.64 Cr | ₹10.2 Cr | ₹67.98 Cr | ₹10.05 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Poultry Healthcare | ₹206.13 Cr | ₹58.14 Cr | - | - |
| Animal Healthcare | ₹86.01 Cr | ₹16.39 Cr | - | - |
Shareholding Pattern of Hester Biosciences Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 53.73%, foreign institutional investors hold 0.38%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 45.89% of Hester Biosciences Limited. The company had 12,373 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 53.73% | 53.73% | 53.73% | 53.73% | 53.73% | 53.73% |
| Public | 46.27% | 46.27% | 46.27% | 46.27% | 46.27% | 46.27% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 53.73% | 53.73% | 53.73% | 53.73% | 53.73% | 53.73% | 53.73% | 54.09% | 54.09% | 54.07% | 54.07% |
| Public | 46.27% | 46.27% | 46.27% | 46.27% | 46.27% | 46.27% | 46.27% | 45.91% | 45.91% | 45.93% | 45.93% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | -0.36 | +0.00 | +0.02 | +0.00 | - |
Board & Governance of Hester Biosciences Limited
As per the corporate governance filing with NSE for the quarter ended 31-DEC-2025, the board of Hester Biosciences Limited has 11 directors - 5 independent and 2 executive. The board is chaired by Bhupendra Vittaldas Gandhi.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Bhupendra Vittaldas Gandhi | Non-Executive - Non Independent Director · Chairperson | 2005-04-21 | 1 |
| Rajiv Dinesh Gandhi | Executive Director · CEO-MD | 1987-04-29 | 2 |
| Sanjiv Dinesh Gandhi | Non-Executive - Non Independent Director | 1987-04-29 | 1 |
| Ravin Kanti Gandhi | Non-Executive - Non Independent Director | 1999-04-22 | 1 |
| Nina Rajiv Gandhi | Alternate Director | 2016-05-07 | 1 |
| Priya Gandhi | Executive Director | 2021-10-28 | 1 |
| Sandhya Maulik Patel | Non-Executive - Independent Director · Shareholder Director | 2020-04-01 | 1 |
| Ashok Bhhimarao Bhadakal | Non-Executive - Independent Director · Shareholder Director | 2020-04-01 | 1 |
| Ameet Hiranyakumar Desai | Non-Executive - Independent Director · Shareholder Director | 2021-10-28 | 4 |
| Jatin Trivedi | Non-Executive - Independent Director · Shareholder Director | 2023-06-26 | 1 |
| Anil Jain | Non-Executive - Independent Director · Shareholder Director | 2023-06-26 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | Ashok Bhadakal (Chairperson), Sandhya Patel, Priya Gandhi |
| Nomination and remuneration committee | Ashok Bhadakal (Chairperson), Sandhya Patel, Sanjiv Gandhi |
| Stakeholders Relationship Committee | Sandhya Patel (Chairperson), Rajiv Gandhi, Priya Gandhi |
| Risk Management Committee | Rajiv Gandhi (Chairperson), Sandhya Patel, Priya Gandhi |
| Corporate Social Responsibility Committee | Rajiv Gandhi (Chairperson), Sanjiv Gandhi, Sandhya Patel |
Group Structure of Hester Biosciences Limited
Hester Biosciences Limited has 1 subsidiary company. This group structure data is as of FY 2024. The corporate group structure reflects Hester Biosciences Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Texas Lifesciences Private Limited | U24304GJ2017PTC097758 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Hester Biosciences Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2021 | State Bank of India | ₹91.08 Cr | Open |
| 28 Dec 2013 | State Bank of India | ₹110.97 Cr | Open |
| 15 Apr 2020 | State Bank of India | ₹5 Cr | Satisfied |
| 16 Oct 2019 | Hdfc Bank Limited | ₹37.7 Lakh | Satisfied |
| 26 Jul 2019 | Axis Bank Limited | ₹55.27 Lakh | Satisfied |
Total charge records: 30 View all charges
Employees and EPFO Compliance at Hester Biosciences Limited
Hester Biosciences Limited has a workforce of 695 employees as of Sep 23, 2025.
Employee Count & EPFO Data of Hester Biosciences Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Hester Biosciences Limited
GSTIN & GST Filing Data of Hester Biosciences Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Hester Biosciences Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Hester Biosciences Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Hester Biosciences Limited
MSME Payment Delays by Hester Biosciences Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Hester Biosciences Limited
Subsidiaries & Group Companies of Hester Biosciences Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Hester Biosciences Limited with ownership details.
MCA Filings & Documents of Hester Biosciences Limited
MCA Filings & Documents of Hester Biosciences Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Hester Biosciences Limited
Recent News on Hester Biosciences Limited
Frequently Asked Questions about Hester Biosciences Limited
Hester Biosciences Limited is an active public limited company in the pharma sector based in Mahesana, Gujarat, India. It was incorporated on 29 April 1987 (39+ years old) and is registered under CIN L99999GJ1987PLC022333. Listed on BSE: 524669 and NSE: HESTERBIO. The company has 695 employees.
Hester Biosciences Limited reported revenue of ₹315.03 Cr for FY 2025 (up 0.00% YoY).
The current directors of Hester Biosciences Limited are:
The primary industry of Hester Biosciences Limited is pharma. The company specifically operates in animal pharmaceuticals and healthcare. The company is currently active in this sector.
Yes. Hester Biosciences Limited is listed on both BSE (code: 524669) and NSE (symbol: HESTERBIO).
Hester Biosciences Limited can be reached at the registered office: Village Meda – Adraj, Taluka Kadi, Mahesana, Gujarat, India – 384441, or through the website hester.in.