Bafna Pharmaceuticals Ltd

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NSEBSE

90.501.40 (1.57%)

02:24 PM,27th Feb 2024

88.00-3.00 (-3.30%)

02:34 PM,27th Feb 2024

BSE : 532989

NSE : BAFNAPH

Sector : Health care

ISIN Code : INE878I01022

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Last Updated: Feb 27 2024 | 02:34 PM IST

Market Cap (₹ Cr)

214

Turnover (₹ Cr)

0.01

Volume (Shares)

8988

Face Value

10

52-WK High

124.45

52-WK High Date

05 Jun 2023

52-WK Low

77.05

52-WK Low Date

28 Mar 2023

All Time High

233.55

All Time High Date

18 Dec 2020

All Time Low

3.55

All Time Low Date

23 Aug 2019

Bafna Pharmaceuticals Ltd

Bafna was started as a proprietary concern in 1981 by Mr. Bafna Mahaveer Chand in the name of Bafna Pharmaceutical and has been engaged in the business of manufacturing pharmaceutical formulations of Betalactum and Non Betalactum products. The first manufacturing unit was set up at Madhavaram (Chennai) during October 1984 for manufacture of tablets with an installed capacity of 420 lacs tablets p.a. Subsequently the capsule line was added during 1987 with a capacity of 300 lacs capsule p.a. and then liquid line with an installed capacity of 45000 lts p.a was added in 1990. During the year 1995 Bafna Pharmaceuticals Limited was incorporated and it acquired the entire business of the proprietary concern. During the year 2001 the company constructed a separate block at Madhavaram for manufacturing Betalactum products. During 2006 Bafna has set up a 100% EOU unit at Madhavaram for the production of tablets and capsule with a capacity of 6973.20 lacs and 2462.40 lacs. This facility has been set up as per revised Schedule M under the Drugs and Cosmetics Act 1947. The unit has been WHO GMP certified and also ISO 9000 certified. The manufactured products in this factory catered to the markets of Srilanka Ghana and Ukraine.Bafna was carrying on contract manufacturing for M/s Croslands Pvt. Ltd a Mumbai based Pharmaceutical Company during the period 1994 to 2000. The company's first product was registered in Srilanka in 1995 and the company made its first export during the same year. Presently around 57 products of the company are registered in Srilanka. During the year 2000 Bafna registered 3 of its products in Lao and in the year 2006 4 products were registered in Ukraine. During 2007 Bafna registered 1 product in Ghana. The products registered by the company cover all the therapeutic segments. In the year 2003 the Government of India granted the Export House status to the company. The company received the Best Supplier award from the Srilankan Government during 2005.After establishing itself in the non -regulated market the company decided to enter into a more lucrative and regulated market of Europe. Towards this objective the company started construction of a new state of art facility at Grantlayon village near Red hills Chennai for the manufacture of Non Betalactum products in solid oral dosage form during 2005. This unit is a 100% EOU unit. The factory was completed and inaugurated on October 2 2006. This new plant has been set up with guidelines as laid down in European GMP. The machineries installed in the new facility of the company are Programmable Logic Controller and all the contact parts are made of stainless steel. This leads to consistent quality of products produced with no contamination. The Auto Coater machinery used in the unit is imported from Korea and Camera system for detection of unfilled product is imported from USA. The company has entered into an agreement with an UK based company Somex Pharma for sale of cholesterol lowering agent products to be manufactured by Bafna at this unit. A full-scale commercial production would be commenced in the new unit once approval of MHRA is received. Presently company is validating the equipments and process at this unit and taking validation batches for trail run.

Bafna Pharmaceuticals Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

214

EPS - TTM (₹) [S]

4.76

P/E Ratio (X) [S]

2.60

Face Value (₹) 10
Latest Dividend (%)6.00
Latest Dividend Date 19 Sep 2013
Dividend Yield (%) -
Book Value Share (₹) [S]34.82
P/B Ratio (₹) [S]2.60
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

88.00

91.00

Week Low/High

88.00

94.00

Month Low/High

88.00

102.00

Year Low/High

77.05

124.00

All time Low/High

4.65

234.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-0.55%0.56%-0.02-0.14%
1 Month-7.65%-7.18%3.313.81%
3 Month0.62%3.96%10.7211.98%
6 Month%%12.5715.06%
1 Year-2.69%-2.69%23.2027.45%
3 Year-27.60%-27.02%48.7652.57%

Company Info

Company Information

Non-Exec. & Independent Dir. : Babulal Kamlesh Kumar

Chairperson / Executive Direct : Shanmugam Hemalatha

Non-Exec & Non-Independent Dir : Akilapriya Chandrashekar Raju

Non-Exec. & Independent Dir. : Palamadai Krishnan Sundaresan

Non-Exec. & Independent Dir. : Ravichandran Chitra

Company Sec. & Compli. Officer : Vishnu Vasudeva Kuppa

Non Executive Director : Upendar Mekala Reddy

Independent Director : Krishna Yeachuri

Whole-time Director : Vinayak Dinesh Dendukuri

Non Executive Director : Upendar Mekala Reddy

Independent Director : Krishna Yeachuri

Registered Office: Bafna Towers New No 68, Old No 299 Thambu Chetty St,Chennai,Tamil Nadu-600001 Ph: 91-44-25267517/25270992/4267755

Email:info@bafnapharma.com

URL:http://www.bafnapharma.com