About Natural Capsules Limited
Data last updated:
Natural Capsules Limited is a public limited company based in Bengaluru, Karnataka, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 20 September 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L85110KA1993PLC014742. It is a listed company as per MCA records. Its shares are listed on BSE: 524654 and NSE: NATCAPSUQ.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.41 Cr. It is led by directors including Sunil Laxminarayana Mundra (Managing Director) and Laxminarayan Moondra (Whole-Time Director).
Its last annual general meeting (AGM) was held on 04 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Trident Towers 4th Floor (Level 3) No. 23 100 Feet Road Jaynagar II Block, Bengaluru, Karnataka, India – 560011.
As per the financials filed for FY 2026, the company reported a revenue of ₹188.93 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹17.07 Cr (net margin -9%) and EBITDA of -₹89 Lakh (EBITDA margin -0.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 19% over five years.
The company has about 172 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Natural Capsules. As per MCA filings, the company has open charges of ₹154.08 Cr and satisfied charges of ₹12.5 Cr on record. Court records list 42 cases involving the company, including 33 filed by the company and 9 filed against it; 8 cases are pending. The company has 57 deals on record (42 market trades, 11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹10.28 Cr; the latest was in August 2026. Its 8 peer companies in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 4 smaller; the largest is Stanford Laboratories Private Ltd with revenue of ₹178.12 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website naturalcapsules.com.
Company details
CIN history
Natural Capsules has one previous CIN (Corporate Identification Number): U85110KA1993PTC014742. The current CIN is L85110KA1993PLC014742, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L85110KA1993PLC014742 | Current |
| U85110KA1993PTC014742 | Previous |
Contact details
Natural Capsules Limited's registered office is in Bengaluru, Karnataka. Its website is naturalcapsules.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTrident Towers 4th Floor (Level 3) No. 23 100 Feet Road Jaynagar II Block, Bengaluru, Karnataka, India – 560011
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Natural Capsules 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
Natural Capsules operates one associated brand: Natural Capsules. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supply chain services for biopharma sector are provided. | naturalcapsules.com |
Business activity
The main business activity of Natural Capsules is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Natural Capsules Limited, buy the company report.
Financials of Natural Capsules Limited
FY 2026 filings availableNatural Capsules Limited reported revenue of ₹188.93 Cr (up 11% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 11% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹188.93 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.07 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.5% | ||||
| Net Profit Margin | -9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Natural Capsules Limited, buy the company report.
Board of directors of Natural Capsules Limited
Natural Capsules has 8 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
Natural Capsules Limited is compared with the 8 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Natural Capsules Limitedthis company | ₹188.93 Cr (FY 2026) | -₹17.07 Cr | -9% | 11.0% | 172 | Bengaluru, Karnataka, India |
| Stanford Laboratories Private Ltd | ₹178.12 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| BDR Lifesciences Private Limited | ₹176.87 Cr (FY 2025) | -5.0% | Vadodara, Gujarat, India | |||
| Bakson Drugs and Pharmaceuticals Private Limited | ₹172.81 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India | |||
| Shree Krishnakeshav Laboratories Limited | ₹170.52 Cr (FY 2025) | 13.0% | Ahmedabad, Gujarat, India | |||
| Stericon Pharma Private Limited | ₹169.15 Cr (FY 2025) | 21.0% | Bangalore, Karnataka, India | |||
| Eurolife Healthcare Private Limited | ₹168.9 Cr (FY 2020) | -20.0% | Thane, Maharashtra, India | |||
| Medicamen Biotech Limited | ₹168.79 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Group Pharmaceuticals Limited | ₹168.31 Cr (FY 2025) | 10.0% | Thane, Maharashtra, India |
To see the full peer comparison of Natural Capsules Limited, buy the company report.
Auditor
Natural Capsules Limited is audited by P Chandrasekar LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P Chandrasekar LLP | FY 2023 | 000580S/S200066 |
Shareholding
The shareholding of Natural Capsules Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Natural Capsules Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2026 | 101311827 | Hdfc Bank Limited | ₹3 Cr | Open | |
| 30 Jul 2025 | 101147575 | Others | ₹5 Cr | Open | |
| 06 Apr 2022 | 100571390 | State Bank of India | ₹40 Cr | Open | |
| 27 Oct 2021 | 100505041 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 11 Oct 2021 | 100499019 | Hdfc Bank Limited | ₹36.11 Cr | Open |
To see the full charge records of Natural Capsules Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Natural Capsules Limited has 57 deals on record (42 market trades, 11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹10.28 Cr; the latest was in August 2026.
Deals on record (5 of 57)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Market trade | ₹1.12 Cr | Seller: Tarinika Management LLP |
| Mar 2026 | Market trade | ₹5.53 Cr | Buyer: Tarinika Management LLP Seller: an individual |
| Mar 2026 | Market trade | ₹4.9 Cr | Buyer: an individual Seller: Tarinika Management LLP |
| Sep 2025 | Market trade | ₹1.89 Cr | Buyer: Bytes and Pixels Finsoft LLP Seller: Bytes and Pixels Finsoft LLP |
| Sep 2025 | Market trade | ₹2.64 Cr | Buyer: Bytes and Pixels Finsoft LLP Seller: Bytes and Pixels Finsoft LLP |
To see the full deal history of Natural Capsules 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
Natural Capsules Limited has 42 court cases on record: 33 filed by Natural Capsules, 9 filed against it. 8 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 8 | 4 |
| High courts | 15 | 1 | 4 |
| NCLAT | 2 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mohali, Punjab | Commercial suit | Filed against the company by Rama Industries Ltd. | Pending |
| High Court | Court case (COM PET) | Filed by the company against M/S Aglowmed Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Mars Remedies Pvt Ltd and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against M/S Mars Remedies Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Celebrity Bio Pharma Limited | Disposed |
To see the full case history of Natural Capsules 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.
Credit ratings & regulatory alerts
Natural Capsules Limited was last rated by Care on 01 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Sep 2022 |
To see the full credit ratings and regulatory alerts of Natural Capsules Limited, buy the company report.
MSME payment delays
Natural Capsules Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Quadsun Solar Private Limited |
To see the full MSME payment records of Natural Capsules Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Natural Capsules has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Natural Biogenex Private Limited | U24239KA2020PTC137602 | |
| Natural Phyto Pharma Private Limited | U73200KA2018PTC117070 |
To see the full group structure of Natural Capsules Limited, buy the company report.
Employees & EPFO
Natural Capsules Limited has a workforce of 172 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
No GST registration is on our record for Natural Capsules Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Natural Capsules Limited has 24 board changes on record since 1993: 16 appointments and 8 cessations. The latest: Rangachar Padmanabhan Cattan Coletore ceased to be Director on 24 Aug 2024.
28 earlier events are in the company report.
News
Frequently asked questions
Natural Capsules is an active public limited company based in Bengaluru, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 20 September 1993 (33+ years old) and is registered under CIN L85110KA1993PLC014742. Listed on BSE: 524654 and NSE: NATCAPSUQ.
Natural Capsules has 8 current directors:
- Sunil Laxminarayana Mundra - Managing Director
- Laxminarayan Moondra - Whole-Time Director
- Sathyanarayana Mundra - Whole-Time Director
- Jyoti Mundra - Director
- Pramod Kasat - Director
- Sushil Kumar Mundra - Director
- Shirish Gundopant Belapure - Director
- Tekkar Yashwanth Prabhu - Director
The latest financial statements of Natural Capsules on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 04 August 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Natural Capsules is L85110KA1993PLC014742. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Natural Capsules is a listed company as per MCA records. Its shares are listed on both BSE (code: 524654) and NSE (symbol: NATCAPSUQ).
Natural Capsules has 42 court cases on record: 33 filed by the company and 9 filed against it. 8 are pending. Most are in the district courts.
Natural Capsules was incorporated on 20 September 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.
Natural Capsules has 57 deals on record (42 market trades, 11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹10.28 Cr; the latest was in August 2026.
The peers of Natural Capsules by revenue are Stanford Laboratories Private Ltd, BDR Lifesciences Private Limited, Bakson Drugs and Pharmaceuticals Private Limited, Shree Krishnakeshav Laboratories Limited, Stericon Pharma Private Limited and 3 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Rangachar Padmanabhan Cattan Coletore ceased to be Director on 24 Aug 2024. Tekkar Yashwanth Prabhu was appointed as Director on 19 Jun 2024. Anjan Kumar Roy ceased to be Director on 10 Aug 2022. Natural Capsules has 24 board changes on record in total.
Natural Capsules has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 Apr 2022.
Natural Capsules can be reached through the website naturalcapsules.com. Its registered office is in Bengaluru, Karnataka, India.