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Bilcare Ltd (BI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526853 NSE: BI Professional Services | Small Cap | Bilcare Share Price

₹60 0.44 (0.74%)

As on 12-Jun'26 16:59

Bilcare Ltd (BI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526853 NSE: BI Professional Services | Small Cap | Bilcare Share Price

₹60 0.44 (0.74%)

As on 12-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹141 Cr.
Current Price
₹60
52-Week Low / High
₹50 / 116
TTM EPS
₹0.4
TTM Sales
₹6.9 Cr.
Book Value per Share
₹178.8
P/E Ratio
142.70
Higher than its 5-year historical median
Industry PE
38.3
Price to Book (P/B)
0.34
Lower than its 5-year historical median
Price to Sales (P/S)
20.62
Higher than its 5-year historical median
EV/EBITDA
21.42
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.96%
Underperforms industry median
Return on Capital Employed (ROCE)
2.18%
Underperforms industry median
Return on Assets (ROA)
0.87%
Operating Profit Margin
-37.5%
Net Profit Margin
26.44%
Gross Profit Margin
55.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
-14.09%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-25.09%
Asset Quality
Promoter Holding
30.01%
Pledged shares (%) of Promoter's holding (%)
1.39%
Reserves
₹397 Cr.
Equity
₹23.6 Cr.
Face Value
₹10
All Time Low / High
₹5.00 / 1830.00

Bilcare stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Weak
Q.1 Is Bilcare Ltd a good quality company?
Bilcare Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Bilcare Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Bilcare Ltd vs industry peers?
Bilcare Ltd revenue CAGR is -41.01%, compared to the industry median CAGR of 0.00%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Bilcare Ltd?
Promoters hold 30.01% of the Bilcare Ltd, with 1.39% of their stake pledged, indicating low pledge risk.
Q.1 Stock return of Bilcare Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 4.7% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Bilcare Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -11.2%-0.6%-3.2%-20.5%-6.4%7.6%6.1%87.5%1.9%2.2%-
Value Creation
Index
-1.8-1.0-1.2-2.5-1.5-0.5-0.65.3-0.9-0.8-

Growth Parameters

Sales 3152862582402123044301417.615.17
Sales YoY Gr.--9.5%-9.8%-6.9%-11.7%43.6%41.3%-96.8%25.9%-14.1%-
Adj EPS -29.7-49-106.7-133.3-50-9.8-19.514.5-2.60.90.4
YoY Gr.-NANANANANANANA-118%NA-
BVPS (₹) 264.4236.3202.468.625.125.818.4174.3176.5178.2178.8
Adj Net
Profit
-69.8-115-251-314-118-23.1-45.834.2-6.12.21
Cash Flow from Ops. 28.437.37.262.171.1-0.446.339732.82.4-
Debt/CF from Ops. 34.324.1119.41410-1642.714.900.34.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -28.7%-41%-67.2%-14.1%
Adj EPS NANANANA
BVPS-4.3%48%113%1%
Share Price 3.5% -2.2% 3.5% -24.2%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-10.8-19.6-48.6-98.4-106.7-38.6-8815.1-1.50.50.2
Op. Profit
Mgn %
8.6-10.40.8-2.68.38.6-37.2-51.3-37.5-182.3
Net Profit
Mgn %
-22.1-40.4-97.5-130.9-55.6-7.6-10.7244.8-34.914.514.4
Debt to
Equity
1.61.61.85.41211.215.90000
Working Cap
Days
4482782903003462732295,5221,8268372,316
Cash Conv.
Cycle
1406164533640521,07993621,730

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales315286258240212304430141815
Operating Expenses + 300288258240219279393212721
Manufacturing Costs13212122213036131
Material Costs2222121831691431902885105
Employee Cost 27292929273234665
Other Costs 392725202827359810
Operating Profit 15-3-0-0-82537-7-9-6
Operating Profit Margin (%) 4.8%-1.0%-0.1%-0.0%-3.6%8.3%8.5%-51.1%-51.8%-37.5%
Other Income + 1151471414164918
Exceptional Items -117682460245227511110
Interest 32485672697568024
Depreciation 10179304248883535523
Profit Before Tax -223-56-101-314-127-18-2450365
Tax -14510-211-24-19-611201
Profit After Tax -78-66-80-315-1022-1839154
PAT Margin (%) -24.8%-23.1%-31.0%-131.0%-48.3%0.6%-4.1%2,794.6%30.3%26.4%
Adjusted EPS (₹)-33.2-28.0-34.0-133.0-43.50.8-7.6166.02.31.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Bilcare - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 623556477161596143410416420
Share Capital 24242424242424242424
Reserves 599533453138363720387392396
Debt +9768988578687096786908910
Long Term Debt7737147027145595305378910
Short Term Debt203184155153150149153000
Minority Interest0000000000
Trade Payables47505772516179622
Others Liabilities 34242616521369243363422
Total Liabilities 1,9881,9311,5551,314887823816460461453

Fixed Assets

Net Fixed Assets +1,1771,147844594506473446166361
Gross Block1,5681,5871,5871,5851,586901909317876
Accumulated Depreciation3924407439911,079429463151416
CWIP 0000000000
Investments 5535535145131738981294294294
Inventories52302532224456110
Trade Receivables60494137397293953
Cash Equivalents 116375851223
Others Assets 1351461281311411361361289792
Total Assets 1,9881,9311,5551,314887823816460461453

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 283776271-046397332
PBT -223-124-346-314-151-70-51-8-55
Adjustment 25212828632135213693390117
Changes in Working Capital -0356956-130-6851726-11
Tax Paid -0-1-1-1-11-1-111
Cash Flow From Investing Activity + 9-4878211856181-423
Capex -0-50-11-01-1394-433
Net Investments 801111847-213-00
Others 11780000010
Cash Flow From Financing Activity + -356-87-60-83-82-55-571-1-4
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000020
Interest Paid 0-48-56-72-69-75-68-0-2-4
Dividend Paid 0000000000
Others -3554-3112-14-813-570-0-0
Net Cash Flow 2-5-13-12-47-101

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-12.13-11.18-15.48-98.82-92.772.98-34.16172.221.290.96
ROCE (%)-11.22-0.56-3.23-20.49-6.47.586.0687.451.942.18
Asset Turnover Ratio0.150.160.150.170.190.360.520.020.040.03
PAT to CFO Conversion(x)N/AN/AN/AN/AN/A-0N/A1.026.60.5
Working Capital Days
Receivable Days71.6063.906259.3065.6066.80701,332.20148.60100.20
Inventory Days104.6048.1038.2043.5046.404042.70744.6013.8010.80
Payable Days60.4083.70107139.60156.10106.7088.403,116.20154.50163.60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *1.391.391.391.391.391.391.391.391.391.39
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Bilcare Ltd FAQs

The current trading price of Bilcare on 12-Jun-2026 16:59 is ₹60.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 11-Jun-2026 the market cap of Bilcare stood at ₹141.3 Cr

The latest P/E ratio of Bilcare as of 11-Jun-2026 is 142.7.

The latest P/B ratio of Bilcare as of 11-Jun-2026 is 0.34.

The 52-week high of Bilcare is ₹116.0 and the 52-week low is ₹50.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bilcare is ₹6.85 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Bilcare Ltd is a average quality company.

The key valuation ratios of Bilcare Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Bilcare Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Bilcare Ltd

Bilcare, incorporated in the year 1987, is engaged in manufacturing pharmaceutical packaging. It has an experience of working with 500 pharma manufacturing companies worldwide.Bilcare is a global leader and an innovation-led packaging solutions provider that partners with the pharmaceutical industry to improve patient healthcare outcomes. The company endeavor to deliver effective and affordable solutions that enhance the speed and quality of drug discovery and help build and protect brands by ensuring the delivery of genuine medicines to patients.

Bilcare PPI offers Innovative Pharmaceutical Packaging Solutions comprising of a wide range of specialty Polymer Films and Aluminum Foils mainly used for packaging of solid dosage pharmaceutical products.

Bilcare GCS provides Global Clinical Material Supplies for new drug discovery projects.

Bilcare Technologies provides Anti-counterfeit (ncID - nonclonableID) solutions for product & people ID authentication and security
The company develops design keeping various aspects into consideration such as end-user, optimum material, composite dosages, on-pack communication, cost-effective, regulatory requirements, etc.It also offers pharmaceutical research and clinical services.

It has representative offices located in Argentina, Bangladesh, Chile, Colombia, Czech Republic, Egypt, France, Indonesia, Iran, Israel, Italy, Jordan, South Korea, Malaysia, Mexico, Pakistan, Saudi Arabia, South Africa, Spain, Taiwan, Thailand, Turkey, Venezuela and Vietnam.

It maintains quality standards prescribed by various agency such USFDA, DEA, IQA, SAP, ISO 9001 and 14001.Bilcare has a global customer base and customers comprise many of the largest global pharmaceutical companies viz. Bristol-Myers Squibb, Dr. Reddy’s, GlaxoSmithKline, Johnson & Johnson, Merck, Novartis, Pfizer, Ranbaxy, Sanofi-Aventis, Teva to name a few. Bilcare has a strong customer base of over 2,500 customers in over 50 countries worldwide.

For packaging purposes the company uses material like blister films range, aluminium foils, cold formed blisters, wrap systems, closures & containers, flexibles and eco-friendly paper composites.

Bilcare Singapore Pte a wholly owned subsidiary acquired 100 percent stakes in Singapore-based Singular ID. The firm specialises in technology to identify fake drugs.

In 2010 Bilcare won Pharmexcil / Govt of India Patent Award-2009-10.

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