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Bilcare Ltd.

BSE: 526853 Sector: Industrials
NSE: N.A. ISIN Code: INE986A01012
BSE 00:00 | 19 Feb 17.45 0.75
(4.49%)
OPEN

16.70

HIGH

17.50

LOW

15.95

NSE 05:30 | 01 Jan Bilcare Ltd
OPEN 16.70
PREVIOUS CLOSE 16.70
VOLUME 13608
52-Week high 31.00
52-Week low 12.30
P/E
Mkt Cap.(Rs cr) 41
Buy Price 17.50
Buy Qty 1488.00
Sell Price 17.40
Sell Qty 25.00
OPEN 16.70
CLOSE 16.70
VOLUME 13608
52-Week high 31.00
52-Week low 12.30
P/E
Mkt Cap.(Rs cr) 41
Buy Price 17.50
Buy Qty 1488.00
Sell Price 17.40
Sell Qty 25.00

Bilcare Ltd. (BILCARE) - Chairman Speech

Company chairman speech

Shaping Brands Caring Patients

At Bilcare creating products that are valuable to patients is of supreme importance.The fundamentals of this depend on the most critical component - product development thatmeets users' needs improved product quality and optimum pricing. In the medium to longterm increasing quality through constant technological improvement is indispensable inthe fast changing world.

Over the years Bilcare brand name has been synonymous to Research & Innovation.Bringing newer ideas and solutions to meet the ever-growing critical demands of the pharmacompanies with a focus on enhancing the patient health outcomes has remained the motto ofour company. The efforts put by our experienced technical team have created an enviablebasket of products and services with futuristic approach. From product innovation toprocess re-engineering the team has exceeded the expectations of our esteemed customers.This has not only given the company a reputation of a leading Quality material supplierbut also as a dependable consulting partner to pharma companies for processsimplification packaging design innovation and choosing optimum packaging material forsolid dosage formulations.

In recognition of this OPPI (Organization of Pharmaceutical Producers of India) hasconferred Bilcare with the prestigious best vendor awards in two categories - BestAnti-Counterfeiting Solution Provider and Best Packaging Material Supplier in FY 2018.

There has been a surge in the demand for Solid Dosage Packaging products globally.Newer combinations advanced laminates child resistant and senior friendly packagingproducts with overt and covert anti-counterfeit security features and visually attractivepackaging for brand uniqueness have been in the limelight. Bilcare has been in theforefront to not only bring effective solutions for these requirements but also providethe latest products and services to bring advanced patient healthcare inspired by Make inIndia initiative.

On a group level we have penetrated further in to the emerging pharma markets in MENAregion South America and South East Asia. We have also started business in China and seetremendous growth potential in the near future.

The Company has faced many challenging situations in last few years. However thesechallenges have only helped us to mature into a better organization. The Company continuesits effort for a comprehensive debt resolution. Our emphasis will remain to facilitateworking capital support to achieve higher growth increasing EBITDA and strengthening thecash flows.

"Our greatest glory is not in never falling but in rising every time we fall"these noble words by Confucius are our guide as we continue on the journey of patient careglobally.

With this I conclude by humbly thanking you all for your continued support and trust.

Mohan H. Bhandari

Chairman and Managing Director