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Hester Biosciences Limited
Profile data last updated: 11/03/2026
Hester Biosciences Limited has been active since 1987, providing more than 38 years of industry experience. Its official identification numbers are CIN L99999GJ1987PLC022333 and registration 22333. Hester Biosciences Limited is identified as company limited by shares in the corporate registry. The declared authorized capital is ₹11.20 crore. The paid-up share capital amounts to ₹8.51 crore.
The company’s main operations are related to extra territorial organizations and bodies. It operates under Ahmedabad’s corporate registry. Hester Biosciences Limited’s registered office is at Village Meda-adraj, Taluka Kadi, Mahesana, Mahesana, Mahesana, Gujarat, India, 384441. It is an active company at present. Its registered PAN is AAACH2863B as per government records. The Legal Entity Identifier assigned to the company is 984500836B9EB1DC4935. The firm’s registered email for correspondence is [email protected]. Hester Biosciences Limited’s leadership roster features Ashish Dinesh Desai (CFO) and Ashish Dinesh Desai (CFO).
Company Overview
- CIN
- Date of Incorporation
- 29/04/1987
- Company Status
- Active
- RoC
- Ahmedabad
- Registration Number
- Balance sheet date
- 2025-03-31
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- LEI Status
- Issued
- Authorized Capital
- ₹11,20,00,000.00
- Paid up Capital
- ₹8,50,68,650.00
- Activity
- EXTRA TERRITORIAL ORGANIZATIONS AND BODIES
- [email protected]
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Gujarat | 24AAACH2863B2Z3 | Active |
| 24AAACH2863B1Z4 | Active | |
| Haryana | 06AAACH2863B1Z2 | Active |
| Karnataka | 29AAACH2863B1ZU | Active |
| Maharashtra | 27AAACH2863B1ZY | Active |
| Punjab | 03AAACH2863B1Z8 | Active |
| Rajasthan | 08AAACH2863B1ZY | Inactive |
| Tamil Nadu | 33AAACH2863B1Z5 | Active |
| Telangana | 36AAACH2863B1ZZ | Active |
| West Bengal | 19AAACH2863B1ZV | Active |
Balance Sheet
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
|---|---|---|---|---|---|---|
| Total Non Current Liabilities Net Minority Interest | ₹20,154.50L | ₹25,400.00L | ₹23,272.40L | ₹19,787.00L | ₹0.00L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹32,672.90L | ₹35,947.20L | ₹38,142.00L | ₹29,476.70L | ₹0.00L | ₹0.00L |
| Accumulated Depreciation | -₹15,610.30L | -₹14,069.00L | -₹12,534.40L | -₹11,007.00L | ₹0.00L | ₹0.00L |
| Tangible Book Value | ₹30,759.80L | ₹28,786.10L | ₹27,679.40L | ₹25,794.10L | ₹0.00L | ₹0.00L |
| Long Term Debt | ₹13,336.80L | ₹18,208.60L | ₹18,480.80L | ₹16,437.40L | ₹0.00L | ₹0.00L |
| Long Term Provisions | ₹275.30L | ₹253.40L | ₹171.60L | ₹127.20L | ₹0.00L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹7,440.70L | ₹5,695.60L | ₹8,367.50L | ₹5,835.40L | ₹0.00L | ₹0.00L |
| Machinery Furniture Equipment | ₹21,405.10L | ₹20,530.90L | ₹20,588.10L | ₹19,206.70L | ₹0.00L | ₹0.00L |
| Total Assets | ₹65,338.50L | ₹66,234.70L | ₹66,996.60L | ₹56,216.10L | ₹0.00L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹32,665.60L | ₹30,287.50L | ₹28,854.60L | ₹26,739.40L | ₹0.00L | ₹0.00L |
| Gross PPE | ₹56,705.10L | ₹55,030.10L | ₹53,444.00L | ₹44,746.20L | ₹0.00L | ₹0.00L |
| Total Capitalization | ₹44,762.30L | ₹47,387.90L | ₹46,453.80L | ₹42,435.90L | ₹0.00L | ₹0.00L |
| Common Stock | ₹850.70L | ₹850.70L | ₹850.70L | ₹850.70L | ₹0.00L | ₹0.00L |
| Total Debt | ₹21,325.00L | ₹24,437.80L | ₹27,415.20L | ₹22,816.80L | ₹0.00L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹665.70L | ₹393.20L | ₹293.60L | ₹204.40L | ₹0.00L | ₹0.00L |
| Other Equity Interest | ₹30,574.80L | ₹28,328.60L | ₹28,387.50L | ₹25,147.80L | ₹0.00L | ₹0.00L |
| Other Non Current Liabilities | ₹5,322.10L | ₹5,366.60L | ₹2,400.00L | -₹0.10L | ₹0.00L | ₹0.00L |
| Capital Stock | ₹850.70L | ₹850.70L | ₹850.70L | ₹850.70L | ₹0.00L | ₹0.00L |
| Additional Paid In Capital | ₹1,750.70L | ₹1,750.70L | ₹1,750.70L | ₹1,750.70L | ₹0.00L | ₹0.00L |
| Total Non Current Assets | ₹45,821.10L | ₹44,773.20L | ₹44,237.40L | ₹36,739.80L | ₹0.00L | ₹0.00L |
| Invested Capital | ₹52,203.00L | ₹53,079.30L | ₹54,771.30L | ₹48,226.90L | ₹0.00L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹654.90L | ₹1,299.50L | ₹1,379.80L | ₹2,522.00L | ₹0.00L | ₹0.00L |
| Net Tangible Assets | ₹30,759.80L | ₹28,786.10L | ₹27,679.40L | ₹25,794.10L | ₹0.00L | ₹0.00L |
| Prepaid Assets | ₹3,077.10L | ₹3,275.60L | ₹3,521.50L | ₹3,001.30L | ₹0.00L | ₹0.00L |
| Cash And Cash Equivalents | ₹558.70L | ₹1,230.70L | ₹1,266.60L | ₹2,427.30L | ₹0.00L | ₹0.00L |
| Stockholders Equity | ₹31,425.50L | ₹29,179.30L | ₹27,973.00L | ₹25,998.50L | ₹0.00L | ₹0.00L |
| Other Short Term Investments | ₹96.20L | ₹68.80L | ₹113.20L | ₹94.70L | ₹0.00L | ₹0.00L |
| Share Issued | ₹85.07L | ₹85.07L | ₹85.07L | ₹85.07L | ₹0.00L | ₹0.00L |
| Current Assets | ₹19,517.40L | ₹21,461.50L | ₹22,759.20L | ₹19,476.30L | ₹0.00L | ₹0.00L |
| Working Capital | ₹6,999.00L | ₹10,914.30L | ₹7,889.60L | ₹9,786.60L | ₹0.00L | ₹0.00L |
| Net Debt | ₹20,218.80L | ₹22,669.30L | ₹25,531.70L | ₹19,801.10L | ₹0.00L | ₹0.00L |
| Current Debt | ₹7,440.70L | ₹5,691.40L | ₹8,317.50L | ₹5,791.00L | ₹0.00L | ₹0.00L |
| Ordinary Shares Number | ₹85.07L | ₹85.07L | ₹85.07L | ₹85.07L | ₹0.00L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹13,884.30L | ₹18,742.20L | ₹19,047.70L | ₹16,981.40L | ₹0.00L | ₹0.00L |
| Current Liabilities | ₹12,518.40L | ₹10,547.20L | ₹14,869.60L | ₹9,689.70L | ₹0.00L | ₹0.00L |
| Retained Earnings | ₹23,708.60L | ₹21,508.90L | ₹20,304.20L | ₹18,481.20L | ₹0.00L | ₹0.00L |
| Net PPE | ₹41,094.80L | ₹40,961.10L | ₹40,909.60L | ₹33,739.20L | ₹0.00L | ₹0.00L |
| Construction In Progress | ₹17,826.70L | ₹17,014.20L | ₹15,019.50L | ₹10,057.90L | ₹0.00L | ₹0.00L |
| Common Stock Equity | ₹31,425.50L | ₹29,179.30L | ₹27,973.00L | ₹25,998.50L | ₹0.00L | ₹0.00L |
| Other Non Current Assets | ₹256.80L | ₹0.10L | -₹4.00L | ₹4.00L | ₹0.00L | ₹0.00L |
| Other Intangible Assets | ₹665.70L | ₹393.20L | ₹293.60L | ₹204.40L | ₹0.00L | ₹0.00L |
| Other Properties | ₹592.20L | ₹579.00L | ₹534.10L | ₹491.10L | ₹0.00L | ₹0.00L |
| Inventory | ₹7,037.70L | ₹7,558.10L | ₹8,481.00L | ₹7,538.20L | ₹0.00L | ₹0.00L |
Cash Flow
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
|---|---|---|---|---|---|---|
| Changes In Cash | -₹620.90L | -₹51.60L | -₹1,164.50L | ₹366.00L | ₹0.00L | ₹0.00L |
| Financing Cash Flow | -₹5,171.70L | -₹2,609.30L | ₹4,175.80L | ₹11,153.60L | ₹0.00L | ₹0.00L |
| Free Cash Flow | ₹4,392.00L | ₹2,378.60L | -₹5,416.60L | -₹8,699.80L | ₹0.00L | ₹0.00L |
| Investing Cash Flow | -₹1,900.30L | -₹2,260.60L | -₹7,699.90L | -₹11,658.80L | ₹0.00L | ₹0.00L |
| End Cash Position | ₹558.70L | ₹1,230.70L | ₹1,315.60L | ₹2,475.00L | ₹0.00L | ₹0.00L |
| Capital Expenditure | -₹2,059.10L | -₹2,439.70L | -₹7,776.20L | -₹9,571.00L | ₹0.00L | ₹0.00L |
| Beginning Cash Position | ₹1,230.70L | ₹1,266.60L | ₹2,475.00L | ₹2,126.90L | ₹0.00L | ₹0.00L |
| Operating Cash Flow | ₹6,451.10L | ₹4,818.30L | ₹2,359.60L | ₹871.20L | ₹0.00L | ₹0.00L |
Income Statement
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
|---|---|---|---|---|---|---|
| Rent Expense Supplemental | ₹265.20L | ₹233.10L | ₹154.50L | ₹130.70L | ₹0.00L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | ₹2,748.80L | ₹1,888.90L | ₹2,662.70L | ₹3,932.00L | ₹0.00L | ₹0.00L |
| EBITDA | ₹6,471.30L | ₹5,824.60L | ₹6,599.80L | ₹7,265.90L | ₹0.00L | ₹0.00L |
| Basic EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Expenses | ₹26,585.90L | ₹26,226.60L | ₹22,452.60L | ₹17,853.30L | ₹0.00L | ₹0.00L |
| Operating Revenue | ₹31,110.20L | ₹30,454.60L | ₹26,609.10L | ₹23,500.60L | ₹0.00L | ₹0.00L |
| Total Unusual Items | -₹48.60L | ₹69.30L | -₹32.70L | -₹186.10L | ₹0.00L | ₹0.00L |
| Tax Effect Of Unusual Items | -₹13.20L | ₹23.39L | -₹9.87L | -₹48.01L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | -₹48.60L | ₹69.30L | -₹32.70L | -₹186.10L | ₹0.00L | ₹0.00L |
| Interest Income Non Operating | ₹203.70L | ₹190.70L | ₹217.30L | ₹190.30L | ₹0.00L | ₹0.00L |
| Interest Expense Non Operating | ₹834.00L | ₹911.90L | ₹514.90L | ₹257.60L | ₹0.00L | ₹0.00L |
| Interest Income | ₹203.70L | ₹190.70L | ₹217.30L | ₹190.30L | ₹0.00L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | ₹2,748.80L | ₹1,888.90L | ₹2,662.70L | ₹3,932.00L | ₹0.00L | ₹0.00L |
| General And Administrative Expense | ₹679.20L | ₹490.20L | ₹532.30L | ₹712.80L | ₹0.00L | ₹0.00L |
| Reconciled Depreciation | ₹1,680.20L | ₹1,717.40L | ₹2,069.50L | ₹1,658.10L | ₹0.00L | ₹0.00L |
| Net Income Continuous Operations | ₹2,882.60L | ₹2,116.60L | ₹2,803.50L | ₹3,948.40L | ₹0.00L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹10,262.90L | ₹11,018.20L | ₹8,581.90L | ₹7,253.80L | ₹0.00L | ₹0.00L |
| Net Income | ₹2,748.80L | ₹1,888.90L | ₹2,662.70L | ₹3,932.00L | ₹3,443.00L | ₹0.00L |
| Operating Income | ₹4,524.30L | ₹4,228.00L | ₹4,156.50L | ₹5,647.30L | ₹0.00L | ₹0.00L |
| Diluted Average Shares | ₹85.07L | ₹85.07L | ₹85.07L | ₹85.07L | ₹0.00L | ₹0.00L |
| Selling And Marketing Expense | ₹2,828.20L | ₹2,560.40L | ₹2,634.10L | ₹1,731.10L | ₹0.00L | ₹0.00L |
| Total Other Finance Cost | ₹48.60L | ₹31.00L | ₹33.10L | ₹95.70L | ₹0.00L | ₹0.00L |
| Normalized Income | ₹2,784.20L | ₹1,842.99L | ₹2,685.53L | ₹4,070.09L | ₹0.00L | ₹0.00L |
| Net Non Operating Interest Income Expense | -₹678.90L | -₹752.20L | -₹330.70L | -₹163.00L | ₹0.00L | ₹0.00L |
| EBIT | ₹4,791.10L | ₹4,107.20L | ₹4,530.30L | ₹5,607.80L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹20,847.30L | ₹19,436.40L | ₹18,027.20L | ₹16,246.80L | ₹0.00L | ₹0.00L |
| Cost Of Revenue | ₹10,262.90L | ₹11,018.20L | ₹8,581.90L | ₹7,253.80L | ₹0.00L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | ₹2,748.80L | ₹1,888.90L | ₹2,662.70L | ₹3,932.00L | ₹0.00L | ₹0.00L |
| Net Interest Income | -₹678.90L | -₹752.20L | -₹330.70L | -₹163.00L | ₹0.00L | ₹0.00L |
| Operating Expense | ₹16,323.00L | ₹15,208.40L | ₹13,870.70L | ₹10,599.50L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹6,519.90L | ₹5,755.30L | ₹6,632.50L | ₹7,452.00L | ₹0.00L | ₹0.00L |
| Net Income Common Stockholders | ₹2,748.80L | ₹1,888.90L | ₹2,662.70L | ₹3,932.00L | ₹0.00L | ₹0.00L |
| Pretax Income | ₹3,957.10L | ₹3,195.30L | ₹4,015.40L | ₹5,350.20L | ₹0.00L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Revenue | ₹31,110.20L | ₹30,454.60L | ₹26,609.10L | ₹23,500.60L | ₹21,433.20L | ₹16,942.50L |
| Selling General And Administration | ₹3,507.40L | ₹3,050.60L | ₹3,166.40L | ₹2,443.90L | ₹0.00L | ₹0.00L |
| Other Operating Expenses | ₹4,660.20L | ₹4,302.30L | ₹3,982.80L | ₹2,907.80L | ₹0.00L | ₹0.00L |
| Diluted EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Interest Expense | ₹834.00L | ₹911.90L | ₹514.90L | ₹257.60L | ₹0.00L | ₹0.00L |
| Basic Average Shares | ₹85.07L | ₹85.07L | ₹85.07L | ₹85.07L | ₹0.00L | ₹0.00L |
| Tax Provision | ₹1,074.50L | ₹1,078.70L | ₹1,211.90L | ₹1,401.80L | ₹0.00L | ₹0.00L |
| Net Income Including Noncontrolling Interests | ₹2,882.60L | ₹2,116.60L | ₹2,803.50L | ₹3,948.40L | ₹0.00L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
Company Performance (FY20–FY25)
₹311.1 Cr₹233.3 Cr₹155.6 Cr₹77.8 Cr₹0
FY20FY21FY22FY23FY24FY25
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 29/04/1987 | Sanjiv Dinesh Gandhi | 00024548 | Director | View other directorships |
| 29/04/1987 | Rajiv Gandhi | 00438037 | Managing Director | View other directorships |
| 22/04/1999 | Ravin Kanti Gandhi | 00438361 | Director | View other directorships |
| 21/04/2005 | Bhupendra Vithaldas Gandhi | 00437907 | Director | View other directorships |
| 07/05/2016 | Nina Rajiv Gandhi | 00024657 | Alternate Director | View other directorships |
| 14/05/2018 | Vinodkumar Rameshkumar Mali | *****8076M | Company Secretary | |
| 01/04/2020 | Ashok Bhadakal Bhimarao | 00981201 | Director | View other directorships |
| 01/04/2020 | Sandhya Maulik Patel | 02215022 | Director | View other directorships |
| 28/10/2021 | Priya Rajiv Gandhi | 06998979 | Whole-time director | View other directorships |
| 28/10/2021 | Ameetkumar Hiranyakumar Desai | 00007116 | Director | View other directorships |
| 26/06/2023 | Anil Jain | 00805735 | Director | View other directorships |
| 26/06/2023 | Jatin Yagneshbhai Trivedi | 01618245 | Director | View other directorships |
| 20/11/2025 | Ashish Dinesh Desai | *****4341C | CFO |
Charges
| SRN | Date | Amount | Holder |
|---|---|---|---|
| T72775968 | 18/12/2021 | ₹91,07,82,000.00 | State Bank Of India |
| R59327031 | 15/04/2020 | ₹5,00,00,000.00 | State Bank Of India |
| T09594292 | 16/10/2019 | ₹37,70,000.00 | Hdfc Bank Limited |
| AA9586001 | 26/07/2019 | ₹55,27,100.00 | Axis Bank Limited |
| R45637428 | 12/08/2016 | ₹11,51,000.00 | Axis Bank Limited |
| R45637865 | 12/07/2016 | ₹9,16,700.00 | Axis Bank Limited |
| H58895707 | 09/04/2015 | ₹12,00,000.00 | Icici Bank Limited |
| H90042540 | 16/09/2014 | ₹15,89,000.00 | Icici Bank Limited |
| H00703231 | 19/07/2014 | ₹9,61,000.00 | Kotak Mahindra Bank Limited |
| H78573813 | 23/06/2014 | ₹40,00,000.00 | Icici Bank Limited |
| AA1750575 | 28/12/2013 | ₹1,10,97,00,000.00 | State Bank Of India |
| B93806602 | 13/06/2013 | ₹1,45,00,000.00 | Bank Of India |
| B58974098 | 31/05/2012 | ₹1,37,50,000.00 | Bank Of India |
| B42528893 | 25/02/2011 | ₹1,87,50,000.00 | Bank Of India |
| B95661344 | 06/08/2010 | ₹4,25,000.00 | The Federal Bank Limited |
| B93806305 | 07/07/2010 | ₹2,30,00,000.00 | Bank Of India |
| C52493640 | 29/09/2009 | ₹5,72,700.00 | The Federal Bank Limited |
| B95694451 | 21/08/2009 | ₹11,21,500.00 | The Federal Bank Limited |
| B95695086 | 21/08/2009 | ₹11,21,500.00 | The Federal Bank Limited |
| B93805521 | 28/03/2006 | ₹28,19,00,000.00 | Bank Of India |
| B93805950 | 28/03/2006 | ₹28,19,00,000.00 | Bank Of India |
| A26503524 | 17/12/2004 | ₹17,63,75,000.00 | Bank Of India |
| A26504621 | 31/12/2002 | ₹20,00,000.00 | Bank Of India |
| A26504381 | 30/09/2002 | ₹5,00,000.00 | Bank Of India |
| A26505107 | 22/03/2001 | ₹5,51,000.00 | Bank Of India |
| A26504118 | 15/07/1999 | ₹1,68,000.00 | Bank Of India |
| A26503052 | 10/05/1996 | ₹50,00,000.00 | Bank Of India |
| A26503276 | 10/05/1996 | ₹70,00,000.00 | Bank Of India |
| A26503789 | 10/05/1996 | ₹30,00,000.00 | Bank Of India |
| A26502765 | 10/10/1994 | ₹1,85,000.00 | Bank Of India |
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Address
Village Meda-adraj, Taluka Kadi, Mahesana, Mahesana, Mahesana, Gujarat, India, 384441
Frequently Asked Questions
What is the incorporation date of Hester Biosciences Limited?
The incorporation date of Hester Biosciences Limited is 29/04/1987.
What is the authorized share capital and paid-up capital of Hester Biosciences Limited?
The authorized share capital of Hester Biosciences Limited is ₹11,20,00,000.00. The paid-up capital is ₹8,50,68,650.00.
Who are the current board members & directors of Hester Biosciences Limited?
The current board member of Hester Biosciences Limited are:
- Sanjiv Dinesh Gandhi
- Bhupendra Vithaldas Gandhi
- Ravin Kanti Gandhi
- Rajiv Gandhi
- Nina Rajiv Gandhi
- Ashok Bhadakal Bhimarao
- Priya Rajiv Gandhi
- Ameetkumar Hiranyakumar Desai
- Sandhya Maulik Patel
- Vinodkumar Rameshkumar Mali
- Ashish Dinesh Desai
- Anil Jain
- Jatin Yagneshbhai Trivedi
What is the registered address of Hester Biosciences Limited?
The registered address of Hester Biosciences Limited is Village Meda-adraj, Taluka Kadi, Mahesana, Mahesana, Mahesana, Gujarat, India, 384441.
What is the Corporate Identification Number of Hester Biosciences Limited?
The Corporate Identification Number of Hester Biosciences Limited is L99999GJ1987PLC022333.