Novateor Research Laboratories Ltd

Novateor Research Laboratories Ltd (542771)


Key Stats

Day's Price Range
52-Week Price Range
3 Month Return6.5 %
1 Year Return22.6 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 38
Rank 38
Rank 45
Dividend Yield
Rank 19
Rank 65
Price To Book Ratio
Rank 30
Debt To Asset
Rank 45

Company Information

Novateor Research Laboratories Limited was originally incorporated as a private limited company with the name Novateor Research Laboratories Private Limited on April 01 2011. Subsequently the Company was converted in to a public company pursuant to a special resolution passed by the shareholders at the EGM held on April 12 2019 and consequently name was changed to Novateor Research Laboratories Limited NRLL on April 22 2019.The company is leading the development of novel personal care products that are intended to provide safe easy and innovative approach to the existing traditional personal care solutions. At Novateor Research Facility the company develops products that could provide significant clinical as well as commercial advantage.The Companys manufacturing facility located at Sanand Taluka Ahmedabad District is well equipped with the state of the art building structure machineries and technology. Through the semiAutomation of its manufacturing processes it is able to reduce reliance on manual labors and raw materials wastage.The Companys current Teeth Whitening products are sold under brand name SmiloShine. The Company manufactures three different variants of Teeth Whitening Strips. These products are first of a kind in India in teeth whitening industry with FDCA approval. The Company intends to expand its business in cosmetics various health care pharma products and specialty pharma in the near future.The Customer base consists of well trained highly skilled and experienced Dentists. Dentists and other end users have found companys products to be innovative user friendly safe pocket friendly and very effective results visavis traditional teeth whitening products.
OrganisationNovateor Research Laboratories Ltd