Norris Medicines Ltd

Norris Medicines Ltd (524414)


Key Stats

Day's Price Range
52-Week Price Range
1 Year Return131.35 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 138
Rank 141
Rank 158
Dividend Yield
Rank 31
Rank 249
Price To Book Ratio
Rank 96
Debt To Asset
Rank 158

Company Information

Incorporated on 7 Sep.90 as a private limited company and promoted by B N Thakore N J Patel and N L Upadhyaya Norris Medicines is purely a pharmaceutical formulationsbased company. It became a public limited company in Mar.92. Commercial production of the formulation unit commenced in Nov.91.The company came out with a public issue aggregating Rs 5 cr in Dec.93 to expand its existing capacity for tablets capsules etc besides diversifying into bulk drugs and setting up an injectables unit. The project cost of Rs 14.21 cr was financed through loans and equity. The project was delayed by about nine months and was completed in 1995.The company undertakes job work/loan license work of reputed pharmaceuticals majors and expects to continue with the present arrangement besides expecting big boost in exports in the coming years with the PHC groups focus and marketing strengths worldwide.
OrganisationNorris Medicines Ltd