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Bal Pharma Ltd
NSE: BALPHARMA BSE: 524824
₹108.16
(1.11%)
Tue, 29 Sept 2026, 03:20 pm
Market Cap (in Cr)174.02
PE Ratio23.90
Dividend1.10
Health Technology
Pharmaceuticals: Major
24.5KCompany History
1987
- Bal Pharma Ltd was originally incorporated as a private limited company.
1990
- BPHL took over a pharmaceutical products manufacturing unit located at Bommasandra Industrial area, Bangalore District.
1991
- BPHL commenced the activity of manufacture of formulations at the plant.
1994
- The constitution of the company was converted into a public limited company.
- The company obtained a fresh certificate of incorporation.
2001
- Bal Pharma acquired an injectables company in South Africa.
2003
- The company recommended a dividend of 12%.
2005
- Bal Pharma won the best exporter award.
- The rights issue of Bal Pharma was oversubscribed 1.6 times, generating Rs 13.65 crore.
2006
- The Company obtained accreditation of the Japanese Government as a foreign manufacturer for APIs.
2007
- The company recommended a dividend of Rs.7.5% per share.
2008
- Bal Pharma recommended a dividend of 10%.
2009
- Bal Pharma recommended a dividend of Rs.0.75 per equity share of Rs.10 each.
2011
- Bal Pharma appointed Mr. D. Muarali as the Company Secretary & Compliance Officer of the company.
2012
- Bal Pharma appointed Mr. Venkatesan Murali as General Manager - Finance and Company Secretary of the Company.
2013
- Bal Pharma recommended payment of a dividend of Re. 0.75 (7.5%) per equity share of Rs. 10 each.
2014
- Bal Pharma recommended payment of a dividend of Re. 1/- (10%) per Equity Share of Rs. 10 each.
2015
- Bal Pharma Ltd ventured into the OTC Segment.
2021
- Bal Pharma Ltd launched the antiviral drug Favipiravir in the domestic market under the brand name BAL flu for the treatment of COVID-19.
- Mr. Shailesh Siroya acquired 650,000 equity shares of the Company.
2023
- NCLT gave approval for the merger of Golden Drugs Pvt Ltd with Bal Pharma Limited.
2024
- The Company commenced the API green field project at Kadechur KIADB industrial Area, Yadgir District.