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Novartis India Limited - Company Profile

It is a pharma public limited company based in Bandra, Maharashtra, India, established in 1947.

1947 | Bandra, Maharashtra, India | Active
Last Updated:

About Novartis India Limited

Novartis India Limited, a active public limited company, was established on 13 December 1947 in Bandra, Maharashtra, India. Engaging in drug formulation & development within the trade sector, it holds CIN: L24200MH1947PLC006104. Registered under ROC Roc Mumbai. it is listed on BSE: 500672 and NSE: NOVARTIND. It has an authorized capital of ₹32.00 Cr and a paid-up capital of ₹12.35 Cr.

Formerly known as Ciba (India) Private Limited, Ciba (India) Limited. It upholds a compliant status. In 2023, it reported revenue of ₹436.85 Cr and a net worth of ₹775.66 Cr. Employing 59 professional, Its leadership includes Shilpa Shashank Joshi (Cfo), Sandra Martyres (Director), Gira Jagdeesh Sardesai (Director). Past directors included Erwin Schillinger, Girish Arjan Tekchandani, Monaz Noble. It holds no open charges and ₹257.48 Cr settled loans. Its latest AGM occurred on 31 July 2025, with the balance sheet filed on 31 March 2025. It is based at Inspire Bkc 7Th Floor Bandra Kurla Complex, Bandra East, Bandra, Maharashtra, 400051.

Company Details

  • CIN/LLPIN

    L24200MH1947PLC006104

  • Registration Number

    006104

  • Incorporation Date

    13 December 1947

  • Authorized Capital

    ₹32.00 Cr

  • Paid-Up Capital

    ₹12.35 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 500672, NSE: NOVARTIND)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 32.00 Cr
  • Paid Up Capital ₹ 12.35 Cr
  • Company Age 77 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 257.48 Cr
  • Revenue Growth 0.88%
  • Profit Growth 2878.49%
  • Ebitda 140.06%
  • Net Worth 12.14%
  • Total Assets 2.65%
Company report

Novartis India Limited

Company Report FY 2025-2026

Explore comprehensive insights into Novartis India Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Novartis India Limited?

Current Directors

NameDesignationAppointment DateStatus
Shilpa Shashank JoshiCfo01 May 2022Current
Sandra MartyresDirector19 Apr 2016Current
Gira Jagdeesh SardesaiDirector31 Mar 2024Current
Christopher David SnookDirector01 Aug 2008Current
Falin Ishwarlal MajmudarWhole-Time Director28 Jun 2024Current
Sanker ParameswaranDirector22 Jun 2020Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector23 Oct 2007Past
Pramod AbcsddCompany Secretary12 Aug 2016Past
Pramod AbcsddDirector22 Nov 2022Past
Pramod AbcsddCfo(Kmp)-Past
Pramod AbcsddDirector31 Mar 2020Past
Pramod AbcsddCompany Secretary30 Apr 2024Past

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Financial Performance of Novartis India.

Novartis India Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.88% increase. The company also saw a substantial improvement in profitability, with a 2878.49% increase in profit. The company's net worth Soared by an impressive increase of 12.14%.

Novartis India revenue growth over time
Novartis India profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
0.88%
Revenue from Operations
-5.28%
Total Assets
2.65%
Profit or Loss
2878.49%
Net Worth
12.14%
EBITDA
140.06%

What is the Ownership and Shareholding Structure of Novartis India?

In 2023, Novartis India had a promoter holding of 70.68% and a public holding of 29.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2,574,800,000.00

Charges Breakdown by Lending Institutions

  • Grindlays Bank : 111.60 Cr
  • Allahabad Bank : 45.00 Cr
  • Bnp Paribas : 33.00 Cr
  • Nationale De Paris French Bank Building : 32.50 Cr
  • The Industrial Credit And Investment Corpn. Of India Ltd. : 20.00 Cr
  • Others : 15.38 Cr

Latest Charge Details

DateLenderAmountStatus
12 Apr 1999Bnp Paribas₹33.00 CrSatisfied
02 May 1998The Hongkong And Shanghai Banking Corporation Ltd.₹5.00 CrSatisfied
21 Jul 1993Allahabad Bank₹45.00 CrSatisfied
21 Jul 1993Grindlays Bank₹45.00 CrSatisfied
28 May 1992Grindlays Bank₹38.00 CrSatisfied

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How Many Employees Work at Novartis India?

Novartis India has a workforce of 59 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Novartis India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Novartis India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Novartis India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Novartis India

Recent Activity within the Organization

  • Annual General Meeting

    The activity Novartis India Limited last Annual general meeting of members was held on 31 Jul 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Novartis India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Charges

    A charge registered on 06 Aug 1940 via Charge ID 90230132 with The National Bank Of India Ltd. was fully satisfied on 20 Aug 2024. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 21 Jul 1993 via Charge ID 90228667 with Grindlays Bank was fully satisfied on 01 Jul 2024. was documented.

  • Charges

    Progress on A charge registered on 17 Aug 1982 via Charge ID 90227632 with Grindlays Bank was fully satisfied on 01 Jul 2024. was documented.

  • Director Appointment

    The activity Falin Ishwarlal Majmudar was appointed as a Whole-time director was appointed as a Whole-time director on 28 Jun 2024 & has been associated with this company since 1 year 4 months . was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Novartis India Limited?

    The CIN of Novartis India Limited is L24200MH1947PLC006104.

  • Where is Novartis India Limited headquartered?

    Novartis India Limited is headquartered at Inspire Bkc 7Th Floor Bandra Kurla Complex, Bandra East, Bandra, Maharashtra, 400051.

  • When was Novartis India Limited incorporated?

    Novartis India Limited was incorporated on 13 December 1947.

  • Who are the current directors of Novartis India Limited?

    The current directors of Novartis India Limited are

  • What is the primary industry of Novartis India Limited?

    The primary industry of Novartis India Limited is Trade.

  • Is Novartis India Limited a listed company?

    Novartis India Limited is listed. It is listed on BSE: 500672 and NSE: NOVARTIND.

  • What is the capital structure of Novartis India Limited?

    The authorized capital of Novartis India Limited is ₹32.00 Cr, and the paid-up capital is ₹12.35 Cr.

  • What is the compliance status of Novartis India Limited?

    The compliance status of Novartis India Limited is Compliant.

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