Torrent Pharmaceuticals Ltd

This company manufactures and sells a wide range of pharmaceutical products globally.

1972 | Ahmedabad, Gujarat (India) | Active
Last Updated: May 30, 2024

Torrent Pharmaceuticals Profile

Key Indicators

  • Authorised Capital ₹ 235.00 Cr
  • Paid Up Capital ₹ 169.22 Cr
  • Company Age 52 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6,041.39 Cr
  • Satisfied Charges ₹ 5,888.33 Cr
  • Revenue Growth 11.96%
  • Profit Growth 6.05%
  • Ebitda 17.35%
  • Net Worth 1.74%
  • Total Assets 15.42%

About Torrent Pharmaceuticals

Torrent Pharmaceuticals Ltd (TPL) was founded in India on 15 July 1972 and has a glorious history of 52 years and seven months. Its registered office is in Ahmedabad, Gujarat.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500420 and on the National Stock Exchange(NSE) under TORNTPHARM.

The Corporate was formerly known as Torrent Pharmaceuticals Pvt Ltd. The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 235.00 Cr and a paid-up capital of Rs 169.22 Cr.

The company currently has active open charges totaling ₹6,041.39 Cr. The company has closed loans amounting to ₹5,888.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Torrent Pharmaceuticals Ltd India are Sudhir Menon as CFO and Chintan Trivedi as Company Secretary. Nikhil Nirvan, Manish Choksi, Samir Mehta, and Five other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L24230GJ1972PLC002126

  • Company No.

    002126

  • Stock Symbol

    BSE : 500420 NSE : TORNTPHARM

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 1972

  • Date of AGM

    07 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Pharma

What products or services does Torrent Pharmaceuticals Ltd offer?

Torrent Pharmaceuticals Ltd offers a wide range of products and services, including Anti Infective Drugs & Medicines, Anti Infective Agent, Ayurvedic & Herbal Health Supplement, Herbal Sexual Health Supplement, Common Disease Medicines, Steroid, Pharmaceutical Services, Inspection & Quality Check Services, Quality Inspection Service, Nutraceuticals & Dietary Supplements.

Who are the key members and board of directors at Torrent Pharmaceuticals?

Executive Team (3)

Name Designation Appointment Date Status
Samir Mehta Country flag representing In Managing Director 01-Aug-2010 Current
Sudhir Menon Country flag representing In CFO 01-Sep-2018 Current
Chintan Trivedi Company Secretary 01-Aug-2022 Current

Board Members (7)

Name Designation Appointment Date Status
Manish Choksi Country flag representing In Director 29-Jul-2022 Current
Nikhil Nirvan Country flag representing In Director Current
Ameera Shah Country flag representing In Director 02-Aug-2018 Current
Jinesh Shah Country flag representing In Director 01-Aug-2019 Current
Nayantara Bali Country flag representing In Director 07-Mar-2019 Current
Aman Mehta Country flag representing In Whole-Time Director 01-Aug-2022 Current

Financial Performance of Torrent Pharmaceuticals.

Torrent Pharmaceuticals Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 11.96% increase. The company also saw a slight improvement in profitability, with a 6.05% increase in profit. The company's net worth moved up by a moderate rise of 1.74%.

Graph illustrating revenue growth over time
Graph showing 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
11.96%
Revenue from Operations
14.13%
Total Assets
15.42%
Profit or Loss
6.05%
Net Worth
1.74%
EBITDA
17.35%

What is the Ownership and Shareholding Structure of Torrent Pharmaceuticals?

In 2023, Torrent Pharmaceuticals had a promoter holding of 71.25% and a public holding of 28.73%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6,041.39 Cr

Satisfied Charges

₹5,888.33 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 3100.00 Cr
  • Hdfc Bank Limited : 1350.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 595.00 Cr
  • Others : 550.00 Cr
  • Axis Bank Limited : 300.00 Cr
  • Others : 146.39 Cr

Latest Charge Details

Date Lender Amount Status
30 May 2023 The Hongkong And Shanghai Banking Corporation Limited ₹145.00 Cr Open
10 May 2023 The Hongkong And Shanghai Banking Corporation Limited ₹400.00 Cr Open
24 Feb 2023 Hdfc Bank Limited ₹350.00 Cr Open
07 Feb 2023 Idbi Trusteeship Services Limited ₹500.00 Cr Open
02 Apr 2022 Hdfc Bank Limited ₹450.00 Cr Open

How Many Employees Work at Torrent Pharmaceuticals?

Torrent Pharmaceuticals has a workforce of 14520 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Torrent Pharmaceuticals, 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 Torrent Pharmaceuticals'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 Torrent Pharmaceuticals

Recent activity within the organization

  • Charges

    A charge registered on 10 May 2019 via Charge ID 100264201 with Hdfc Bank Limited was fully satisfied on 15 Sep 2023.

    15 Sep 2023

  • Annual General Meeting

    Torrent Pharmaceuticals Ltd last Annual general meeting of members was held on 07 Aug 2023 as per latest MCA records.

    07 Aug 2023

  • Charges

    A charge registered on 19 Mar 2021 via Charge ID 100435066 with Others was fully satisfied on 28 Jun 2023.

    28 Jun 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 145.00 Cr with Charge ID 100728697 was registered on 30 May 2023.

    30 May 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 400.00 Cr with Charge ID 100726423 was registered on 10 May 2023.

    10 May 2023

  • Charges

    A charge registered on 15 Sep 2020 via Charge ID 100377074 with Idbi Trusteeship Services Limited was fully satisfied on 24 Apr 2023.

    24 Apr 2023

Frequently asked questions

  • Torrent Pharmaceuticals Ltd was incorporated on 15 Jul 1972.

  • The authorized share capital of Torrent Pharmaceuticals Ltd is ₹ 235.00 Cr and paid-up capital is ₹ 169.22 Cr.

  • Currently 10 directors are associated with Torrent Pharmaceuticals Ltd.

    • Nikhil Khattau Nirvan
    • Manish Mahendra Choksi
    • Samir Uttamlal Mehta
    • Ameera Sushil Shah
    • Jinesh Dushyant Shah
    • Nayantara Bali
    • Aman Samir Mehta
    • Maurice Antoine Rene Chagnaud
    • Sudhir Menon
    • Chintan Maheshkumar Trivedi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Torrent Pharmaceuticals Ltd is Torrent Houseoff Ashram Road Navarangpura 9 India, Ahmedabad, Gujarat.

  • The corporate identification number (CIN) of Torrent Pharmaceuticals Ltd is L24230GJ1972PLC002126 and the company number is 002126 as per Ministry of Corporate Affairs (MCA).

  • Yes, Torrent Pharmaceuticals Ltd is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): TORNTPHARM.

  • The Official website of Torrent Pharmaceuticals Ltd is https://www.torrentpharma.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Torrent Pharmaceuticals Ltd has risen by 11.96%.

  • As Per 2023 financial reports, 14520 employees are currently employed by Torrent Pharmaceuticals Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Torrent Pharmaceuticals Ltd has experienced an upsurge of 1.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Torrent Pharmaceuticals Ltd amount to ₹ 6,041.39 Cr.

  • The most recent Balance Sheet for Torrent Pharmaceuticals Ltd was filed with the ROC on 31 Mar 2023.

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