About
Bilcare Limited provides pharmaceutical packaging research solutions in India and internationally. The company offers aluminum foils, polymer films, and anti-counterfeiting packaging solutions for solid dosage pharmaceutical products and other applications; and blister films and foils, lidding foils, cr foils, and laminates. It also engages in the provision of clinical trial supplies, clinical trial management, and brand protection technologies services; and research and development services comprising formulation stability studies, blister/foil design and development, pharma brand innovation, analytical research and market study, and packaging trials and audit. Bilcare Limited was incorporated in 1987 and is headquartered in Pune, India.
Key Metrics
as of Sep 2026Market Cap226 Cr
P/E11.30
Div Yield0.00 %
Book Value₹83.60
52w High₹116.00
52w Low₹50.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 226.00 | 188.00 | 181.00 | 178.00 | 186.00 | 194.00 | 198.00 | 202.00 | 194.00 | 200.00 | 175.00 | 190.00 | 182.00 |
| Expenses | 189.00 | 171.00 | 168.00 | 175.00 | 175.00 | 186.00 | 187.00 | 194.00 | 175.00 | 208.00 | 158.00 | 173.00 | 169.00 |
| Operating Profit | 37.00 | 17.00 | 13.00 | 3.00 | 11.00 | 8.00 | 11.00 | 8.00 | 19.00 | -8.00 | 17.00 | 17.00 | 13.00 |
| OPM % | 16.00 | 9.00 | 7.00 | 1.90 | 6.00 | 4.00 | 5.00 | 3.80 | 10.00 | -4.10 | 10.00 | 9.00 | 7.00 |
| Other Income | 0.00 | 12.00 | 3.00 | 4.00 | 6.00 | 21.00 | -6.00 | -6.00 | 4.00 | 9.00 | 4.00 | 1.00 | 3.00 |
| Depreciation | 4.00 | 5.00 | 5.00 | 12.00 | 12.00 | 5.00 | 12.00 | 11.00 | 12.00 | 13.00 | 11.00 | 10.00 | 10.00 |
| Interest | 18.00 | 18.00 | 17.00 | 19.00 | 19.00 | 19.00 | 19.00 | 24.00 | 21.00 | 23.00 | 21.00 | 20.00 | 19.00 |
| Profit before tax | 15.00 | 7.00 | -6.00 | -24.00 | -13.00 | 6.00 | -27.00 | -33.00 | -10.00 | -35.00 | -10.00 | -13.00 | -13.00 |
| Tax % | -1.00 | -13.00 | 3.00 | -1.00 | -25.00 | -119.00 | -40.00 | -10.00 | 55.00 | -44.00 | 34.00 | -5.00 | -1.00 |
| Net Profit | 15.00 | 8.00 | -6.00 | -23.00 | -10.00 | 12.00 | -16.00 | -30.00 | -15.00 | -20.00 | -14.00 | -12.00 | -13.00 |
| EPS in Rs | 5.39 | 5.68 | 0.41 | -5.25 | -1.61 | 7.47 | -3.04 | -6.81 | -2.71 | -4.63 | -2.91 | -3.22 | -3.36 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 734.00 | 788.00 | 747.00 | 982.00 | 845.00 | 623.00 | 1,827.00 | 2,997.00 | 2,778.00 | 2,633.00 | 2,603.00 | 2,692.00 |
| Expenses | 689.00 | 743.00 | 708.00 | 925.00 | 784.00 | 572.00 | 1,782.00 | 2,827.00 | 2,617.00 | 2,443.00 | 2,396.00 | 2,506.00 |
| Operating Profit | 44.00 | 45.00 | 39.00 | 57.00 | 60.00 | 51.00 | 45.00 | 170.00 | 161.00 | 190.00 | 207.00 | 186.00 |
| OPM % | 6.00 | 6.00 | 5.00 | 6.00 | 7.00 | 8.00 | 2.50 | 6.00 | 6.00 | 7.00 | 8.00 | 7.00 |
| Other Income | 26.00 | 12.00 | 16.00 | 237.00 | 44.00 | 45.00 | 254.00 | 59.00 | 297.00 | 107.00 | -87.00 | 9.00 |
| Interest | 72.00 | 82.00 | 82.00 | 60.00 | 69.00 | 76.00 | 174.00 | 283.00 | 249.00 | 176.00 | 151.00 | 236.00 |
| Depreciation | 20.00 | 46.00 | 45.00 | 38.00 | 39.00 | 46.00 | 239.00 | 378.00 | 416.00 | 177.00 | 164.00 | 191.00 |
| Profit before tax | -21.00 | -71.00 | -72.00 | 196.00 | -4.00 | -25.00 | -114.00 | -433.00 | -207.00 | -56.00 | -194.00 | -232.00 |
| Tax % | -19.00 | -21.00 | -18.00 | 74.00 | 3.00 | -55.00 | -13.00 | 5.00 | -4.00 | 42.00 | -58.00 | -7.00 |
| Net Profit | -17.00 | -56.00 | -59.00 | 50.00 | -4.00 | -11.00 | -99.00 | -453.00 | -199.00 | -80.00 | -82.00 | -216.00 |
| EPS in Rs | 0.73 | -12.23 | -14.12 | 6.39 | -5.35 | -8.95 | -43.97 | -193.28 | -85.43 | -35.91 | -36.04 | -91.76 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 |
| Reserves | 173.00 | 445.00 | 474.00 | 507.00 | 52.00 | 63.00 | 85.00 | -93.00 | 376.00 | 590.00 | 689.00 | 1,073.00 |
| Borrowings | 620.00 | 682.00 | 756.00 | 639.00 | 690.00 | 677.00 | 707.00 | 2,270.00 | 2,089.00 | 2,014.00 | 2,122.00 | 2,311.00 |
| Other Liabilities | 26.00 | 266.00 | 314.00 | 424.00 | 362.00 | 300.00 | 297.00 | 888.00 | 913.00 | 830.00 | 786.00 | 933.00 |
| Total Liabilities | 843.00 | 1,417.00 | 1,568.00 | 1,593.00 | 1,127.00 | 1,064.00 | 1,112.00 | 3,087.00 | 3,402.00 | 3,457.00 | 3,620.00 | 4,340.00 |
| Fixed Assets | 433.00 | 949.00 | 1,038.00 | 1,045.00 | 465.00 | 494.00 | 534.00 | 2,005.00 | 2,180.00 | 2,403.00 | 2,432.00 | 1,926.00 |
| CWIP | 8.00 | 4.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 79.00 | 170.00 | 149.00 | 161.00 | 218.00 |
| Investments | 14.00 | 11.00 | 8.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 1.00 | 0.00 |
| Other Assets | 387.00 | 453.00 | 521.00 | 545.00 | 661.00 | 570.00 | 577.00 | 1,003.00 | 1,051.00 | 904.00 | 1,026.00 | 2,196.00 |
| Total Assets | 843.00 | 1,417.00 | 1,568.00 | 1,593.00 | 1,127.00 | 1,064.00 | 1,112.00 | 3,087.00 | 3,402.00 | 3,457.00 | 3,620.00 | 4,340.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 128.00 | 85.00 | 62.00 | -7.00 | 41.00 | 72.00 | 256.00 | 206.00 | 98.00 | 300.00 | 177.00 | -315.00 |
| Cash from Investing Activity | -6.00 | 81.00 | -106.00 | 36.00 | -4.00 | 2.00 | 1,309.00 | -104.00 | -203.00 | -129.00 | -358.00 | 247.00 |
| Cash from Financing Activity | -132.00 | -169.00 | 36.00 | -19.00 | -55.00 | -83.00 | -1,600.00 | -103.00 | 91.00 | -155.00 | 149.00 | 119.00 |
| Net Cash Flow | -10.00 | -3.00 | -7.00 | 10.00 | -18.00 | -9.00 | -35.00 | -1.00 | -13.00 | 16.00 | -32.00 | 50.00 |
| Free Cash Flow | 120.00 | 140.00 | -34.00 | 11.00 | 37.00 | 69.00 | 1,569.00 | 91.00 | -115.00 | 165.00 | -12.00 | -74.00 |
| CFO/OP % | 284.00 | 193.00 | 162.00 | -6.00 | 78.00 | 141.00 | 828.00 | 148.00 | 75.00 | 173.00 | 85.00 | -170.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 54.00 | 55.00 | 73.00 | 70.00 | 95.00 | 90.00 | 22.00 | 38.00 | 38.00 | 29.00 | 35.00 | 125.00 |
| Inventory Days | 86.00 | 80.00 | 77.00 | 42.00 | 83.00 | 90.00 | 28.00 | 82.00 | 90.00 | 84.00 | 108.00 | 105.00 |
| Days Payable | 70.00 | 57.00 | 70.00 | 77.00 | 102.00 | 93.00 | 35.00 | 71.00 | 102.00 | 81.00 | 86.00 | 93.00 |
| Cash Conversion Cycle | 69.00 | 78.00 | 80.00 | 34.00 | 76.00 | 88.00 | 15.00 | 49.00 | 25.00 | 32.00 | 57.00 | 137.00 |
| Working Capital Days | 28.00 | -5.00 | 12.00 | -10.00 | -10.00 | -19.00 | -2.00 | -156.00 | -150.00 | -11.00 | 5.00 | 125.00 |
| ROCE % | 6.00 | 1.00 | 1.00 | 3.00 | 3.00 | 3.00 | -9.00 | -6.00 | -8.00 | 2.00 | 2.00 | 1.00 |
Corporate Actions
8 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 17 Mar 2023 | — | — | — | E.G.M. |
| Other | 23 Sep 2013 | — | — | — | General |
| Dividend | 20 Sep 2012 | — | — | 2.00 | |
| Dividend | 20 Sep 2011 | — | — | 3.00 | |
| Dividend | 23 Sep 2010 | — | — | 2.50 | |
| Dividend | 17 Sep 2009 | — | — | 2.50 | |
| Dividend | 20 Sep 2007 | — | — | 4.00 | |
| Dividend | 09 May 2001 | — | — | 1.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update19 Aug 2019 from icra
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Rating update15 Feb 2019 from icra
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Rating update31 Jan 2019 from icra
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Rating update24 Oct 2017 from icra
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Rating update16 Aug 2016 from icra
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Rating update26 May 2015 from fitch