HESTERBIOHealthcare

Hester Biosciences Limited

Pharmaceuticals · ISIN INE782E01017 · BSE 524669 · NSE EQ · FV ₹10
Last price
₹2,246
+1.73%today
What this company does

Hester Biosciences Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹77 cr of revenue in its latest quarter (Q1 FY27) and kept 125.6% of sales as profit.

COMPANY OVERVIEW markets in a timely and efficient manner. All facilities Hester Biosciences, founded by Mr. Rajiv Gandhi are strategically located to support smooth operations in 1987 and headquartered in Kadi, Gujarat, is one and consistent supply. In addition to manufacturing, of India’s leading animal healthcare companies.
In the report:
72out of 100
Equitytale Health Score
Solid

Healthier than 72% of companies in Healthcare, on all six measures of filed financials. Each measure is ranked against the 81–150 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
44

At close. Not part of the score.

Profitability & returns99

How much profit it earns on the money it employs · highest in its sector on what we could measure

Balance sheet39

How much it owes, and whether earnings cover the interest

Cash quality52

Whether reported profit actually arrives as cash

Growth & consistency65

Whether sales and profit have grown, and how steadily

Valuation76

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 126% net margin
Profit up 490% vs last year
Promoters hold 54%
No promoter shares pledged
Strong 108% return on equity
Turns profit into real cash
Watch-outs
! Sales down 8% vs last year

What if I invest in HESTERBIO?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹2,246 +1.73%
latest close · 2026-09-17
1-year return
-2.6%
52-wk low ₹1,98952-wk high ₹2,950
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio4.9Low
LowAverageHigh
P/B ratio5.30High
Below bookModerateHigh
EV / EBITDA4.8Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity107.7%Strong
WeakFairStrong ▸15%
Return on capital78.2%Strong
WeakFairStrong
Net margin125.6%Strong
ThinDecentStrong
EBITDA margin142.1%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.51Moderate
LowModerateHigh ▸1
Interest cover33.4×Strong
RiskyOkayStrong ▸5×
Current ratio1.37Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1,911 cr
Book value
₹423
EPS
₹113.71
latest quarter
Net debt
₹185 cr
owes more than its cash
Enterprise value
₹2,096 cr
EBITDA
₹439 cr
annualised
EBIT
₹411 cr
annualised
Operating margin
133.0%
Return on assets
57.2%
Earnings yield
20.25%
P/S
6.18
Sales / share
₹363.2
Tax rate
5.0%
Face value
₹10
Shares
0.9 cr
Working capital
₹56 cr
Current assets
₹209 cr
Current liabilities
₹152 cr
Delivery %
45.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹572₹678, midpoint ₹625

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹77 cr
Other Income₹2 cr
Total Income₹79 cr
Cost of Materials₹14 cr
Purchases of Stock-in-Trade₹6 cr
Inventory Change (±)₹-2 cr
Employee Benefit Expense₹15 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹7 cr
Other Expenses₹23 cr
Total Expenses₹65 cr
Exceptional Items₹85 cr
Profit before Tax₹100 cr
Tax Expense₹5 cr
Share of JV / Associates₹2 cr
Net Profit₹97 cr
Net margin on total income122.6%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹17 cr10.3%
Employee benefit expense₹15 cr9.0%
Finance costs₹3 cr1.9%
Depreciation & amortisation₹7 cr4.2%
Other expenses₹23 cr13.5%
Tax expense₹5 cr3.0%
Profit for the period₹97 cr58.2%
Total income ₹79 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue77 cr100 cr77 cr
Total income78 cr97 cr79 cr
Expenses66 cr77 cr65 cr
Profit before tax12 cr23 cr100 cr
Tax4 cr9 cr5 cr
Net profit (owners' share)9 cr16 cr97 cr
Net margin (owners' share, on revenue)11.3%16.0%125.6%
EPS (₹)10.9419.45113.71
YoY (latest quarter): total income -8.7% · net profit +489.8%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹678 cr
Shareholder equity
₹360 cr
parent shareholders
Total debt
₹188 cr
Cash
₹3 cr
Cash flow · H1 FY26
Operating
₹17 cr
Investing
₹-2 cr
Financing
₹-16 cr
Peer comparison
Pharmaceuticals · by market value
CompanyPriceMarket capP/E
Sun Pharmaceutical Industries Limited₹1,867₹4.48 L cr38.6
Divi's Laboratories Limited₹9,323₹2.47 L cr68.7
Torrent Pharmaceuticals Limited₹4,875₹1.65 L cr82.0
Zydus Lifesciences Limited₹1,135₹1.13 L cr30.4
Cipla Limited₹1,376₹1.11 L cr35.2
Laurus Labs Limited₹1,948₹1.05 L cr71.5
Dr. Reddy's Laboratories Limited₹1,175₹98,113 cr55.1
Aurobindo Pharma Limited₹1,690₹97,243 cr23.7
Lupin Limited₹2,098₹95,936 cr16.9
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.49%
trailing 12 months
Dividend / share (TTM)
₹11
Last dividend
₹11
ex 14 Jul 2026
ActionDetailEx-date
Dividend₹11 / share14 Jul 2026
Dividend₹7 / share6 Aug 2025
Dividend₹6 / share22 Aug 2024
Dividend₹8 / share13 Sep 2023
Dividend₹10 / share11 Aug 2022
Dividend₹10 / share5 Aug 2021
Who owns it · 2026-06-30
No pledge
Promoter
53.7%
FII / Foreign
0.3%
DII / Domestic
0.0%
Retail / others
46.0%
Smart-money activity
Insider trades
SoldBHUPENDRA VITHALDAS GANDHI · Promoters1,1114 Sep 25
BoughtRAJIV DINESH GANDHI · Promoters1,1114 Sep 25
SoldBHUPENDRA VITHALDAS GANDHI HUF · Promoters3.02 L6 Feb 23
Stake changes
BoughtMr. Rajiv Dinesh Gandhi · promoter→ 10.48% · 1,1114 Sep 25
SoldDr. Bhupendra Vithaldas Gandhi · promoter→ 4.68% · 1,1114 Sep 25
BoughtOaklane Capital Management LLP and its Client→ 5.06% · 10,00029 Jan 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 3 Sep 2026
See the official result
1
Reclassification of persons forming part of the Promoter Group from ‘Promoter’ Shareholder to ‘Public’ Shareholder
Backed by 100% of shareholders other than promotersneeded 50%
4.43 L votes for, 427 against · 1% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 14 named members
owning 53.7% between them · as of 2026-06-30
Rajiv Dinesh Gandhi10.48%
Sanjiv Dinesh Gandhi8.20%
Nina Rajiv Gandhi8.19%
Shaila Bhupendra Gandhi5.78%
Ravin Gandhi4.74%
Bela Gandhi4.71%
Bhupendra Vithaldas Gandhi4.68%
Biolink Healthcare Limited2.93%
Business done with them
FY2026 · 2 of the group
The company paid ₹60.4 L to companies in the promoter group last year — about 0.2% of its ₹333 cr revenue.
Hester Diagnostics Private Limited
Other payments to them · REIMBURSEMENT OF EXPENSE, COMMISSION, RENT
also owns 0.28% of the company
₹30.4 L
company paid
Hester Diagnostics Private Limited
Contribution made to them · REIMBURSEMENT OF EXPENSE, COMMISSION, RENT
also owns 0.28% of the company
₹24 L
company paid
Biolink Healthcare Limited
Other payments to them · RENT PAID
also owns 2.93% of the company
₹6 L
company paid

The company also transacted with 18 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.