HESTER BIOSCIENCES LTD FUNDEMENTALLY STRONG

NOW Technically Very good Getting Ready for New 52 Weeks High Possible in Coming Days and Months from here on.

Best Price can be 1950 .

52 WEEKS HIGH /LOW : 2277/ 925 (27.03.2021) .

Target : 2400 to 3000 .

Time frame : 6 Months to 2 Years .

Study Purpose Only .

one of India’s leading animal healthcare companies and are the second largest poultry vaccine manufacturer in the country. Founded by Mr. Rajiv Gandhi, Hester began its journey in 1987. Over the years, it has transformed from a small proprietary trading business into Asia’s largest one-stop animal biological manufacturing facility.

We now have a strategic presence in over 30 countries, while focusing on key market needs in India, Nepal and Tanzania. We have also partnered with various organizations over the years including Bill & Melinda Gates Foundation, GALVmed, Golchha Organization, and our latest foray into the Egyptian market with Nova pharma, to name a few.

Headquartered in Ahmedabad, Gujarat, we operate through four broad verticals: Poultry Vaccines, Poultry Health Products, Animal Vaccines and Animal Health Products. Additionally, in an effort to provide our customers with end-to-end solutions, our services include seroprofiling kits and diagnostic labs for poultry flocks, and mastitis control programs for cattle.

We strongly believe the 4A principle: ‘Aware smallholder farmers can achieve great heights if Appropriate products and services are made Available to them at Affordable prices.

https://www.hester.in/

PRODUCTS :

  • ANIMAL HEALTH CARE
  • POULTRY HEALTH CARE
  • DIAGNOSTIC LABS

Very Consistent ROCE % FROM PAST 9 YEARS .

Ratios

Consolidated Figures in Rs. Crores / View Standalone

ROCE %Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
ROCE %20%20%18%15%19%20%20%27%16%
Debtor Days11510985757295798767116
Inventory Turnover0.410.640.470.910.811.130.960.930.63

Shareholding Pattern

Numbers in % .

Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020
Promoters +54.0954.0954.0954.0954.0954.0953.7453.7353.7353.7353.7353.73
FIIs +1.711.771.781.781.771.751.771.490.590.620.620.63
DIIs +0.570.650.660.630.640.610.590.670.110.160.220.22
Government +0.490.000.000.000.000.000.000.000.000.000.000.00
Public +43.1343.4943.4743.5043.5043.5443.9044.1145.5645.4845.4245.42

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