- Business
- Biofil Chemicals and Pharmaceuticals Limited manufactures and trades pharmaceutical bulk drugs and chemicals in India through its Pharmaceutical and Chemicals divisions; it produces basic drugs including sodium chloride, potassium chloride, sodium citrate, diethyl carbamazine citrate, ferrous sulphate, dried ferrous sulphate, ferrous fumarate, micro crystalline cellulose, and dicyclomine hydrochloride; it also manufactures plastic drippers and caps for pharmaceutical packaging applications and provides job work services for pharmaceutical drug manufacturing. Incorporated in 1985 and headquartered at 11/12 Sector E, Sanwer Road Industrial Area, Indore, Madhya Pradesh, the company operates production facilities in Indore and Pithampur, Dhar district, primarily serving the Indian healthcare sector with 26 employees. Recent developments include the acquisition on July 24, 2025, of 335,888 equity shares in M. R. Organisation Limited, a tech-based last-mile utility services provider, increasing Biofil's stake to 64%; management changes feature Ketan Shah's appointment as Chairman and Managing Director on August 12, 2025, for three years and Smitesh Shah's appointment as Additional Promoter Non-Executive Non-Independent Director on August 23, 2025; the company reported standalone net profit after tax of Rs 34.86 crore for the quarter ended September 30, 2025.