Biofil Chemicals and Pharmaceuticals Ltd., headquartered in Indore, Madhya Pradesh, is engaged in the production of pharmaceuticals. The company's current market capitalisation on the Indian stock exchange is Rs. 99 crore, making it a small-cap company. The company was incorporated as a private limited company in 1985 but was converted to a public limited company in 1992. The key members of this company are Romil Shah, Ramesh Shah, Shaila Jain, and Satish Beohar. As of the financial year 2020-21, Biofil’s net income was Rs. 1.25 crore. At present, the company is listed on both the National Stock Exchange and the Bombay Stock Exchange (BOM: 524396) and is traded under the script name BIOFILCHEM.
Biofil Chemicals’ product portfolio includes dry syrups, injectables, and eye drops. Its product segment also includes plastic droppers and caps. Talking about Biofil’s financials, the price to book ratio of the company is 6.16, which is worse than the industry average. The same can be said for the price-to-equity ratio, which is 42.64 greater than the industry average. However, the company has seen significant growth in terms of profit and revenue. Biofil Chemicals’ net income and revenue grew at yearly rates of 21.68% and 9.89%, respectively. Both of these figures are higher than the industry average. For the last four financial years, the company’s net profit was Rs. 0.47 crore, Rs. 0.48 crore, Rs. 1.20 crore, and Rs. 1.25 crore, respectively. The earnings per share for the same period were Rs. 0.29, Rs. 0.29, Rs. 0.74, and Rs. 0.77, respectively. The company has also managed to lower its total liabilities in comparison to what it was in FY 2020. The total liabilities for the FY 2021 were 17.11 crore. Biofil’s free cash flow also reflects the positive numbers on the financial chart.
On April 4, 2022, Biofil Chemicals’ share price closed at Rs. 67.20, which reflects a surge of 9.98% with respect to the previous day’s closing price. During the past 12 months, the Biofil Chemicals share saw a major movement on the price chart, mostly in the downward trend. The 52-week Biofil Chemical share price high and low were recorded at Rs. 107 and Rs. 54.45, respectively. The Biofil Chemical share is currently competing with Sun Pharmaceuticals Company Ltd., CIPLA Ltd., Dr Reddy's Laboratories Ltd., and Gland Pharma Ltd.
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