---
title: "Biopac India Corporation Ltd (532330) — Share Price, Financials & Analysis"
symbol: "532330"
company: "Biopac India Corporation Ltd"
canonical: "https://tapetide.com/stocks/532330"
isin: "INE998A01017"
bse_code: "532330"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-09-13T18:40:11.494Z"
---

# Biopac India Corporation Ltd (532330)

Canonical page: https://tapetide.com/stocks/532330

## Company

- **BSE Code:** 532330
- **ISIN:** INE998A01017
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** biopacindia.com

## About

Biopac India Corporation is engaged in the business Foam disposable food service product, Food Storage Containers.(Source : 201903 Annual Report Page No:24)

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -39.1% over past five years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 60% | — | — |
| revenue growth | -86% | -53% | -39% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 12.6 | 11.08 | 9.7 | 4.6 | 4.08 | 3.03 | 2.65 | 0.81 | 0.87 | 0.58 | 0 | 0 |
| Expenses | 9.6 | 11.93 | 12.33 | 9.89 | 8.48 | 3.88 | 5.26 | 4.34 | 1.73 | 0.96 | 0.8 | 0.45 |
| Operating Profit | 3 | -0.85 | -2.63 | -5.29 | -4.4 | -0.85 | -2.61 | -3.53 | -0.86 | -0.38 | -0.8 | -0.45 |
| OPM % | 23.81 | -7.67 | -27.11 | -115 | -107.84 | -28.05 | -98.49 | -435.8 | -98.85 | -65.52 | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 2.08 | 1.77 | -0.55 | -0.37 | 0 | 0.53 |
| Interest | 1.48 | 1.47 | 1.06 | 1.07 | 1.21 | 1.18 | 1.25 | 0.92 | 0.71 | 0.78 | 0.7 | 0.71 |
| Depreciation | 1.37 | 1.36 | 1.36 | 1.38 | 1.37 | 1.33 | 0.94 | 0.89 | 0.85 | 0.81 | 0.8 | 0 |
| Profit before tax | 0.15 | -3.68 | -5.05 | -7.74 | -6.98 | -3.36 | -2.72 | -3.57 | -2.97 | -2.34 | -2.3 | -0.63 |
| Tax % | 26.67 | -10.6 | -0.4 | 0.39 | 0.43 | -1.49 | 17.28 | -28.57 | 0 | 0.85 | 0 | 0 |
| Net Profit | 0.11 | -3.28 | -5.03 | -7.77 | -7.01 | -3.31 | -3.2 | -2.56 | -2.97 | -2.37 | -2.29 | -0.63 |
| EPS in Rs | 0.06 | -1.9 | -2.92 | -4.5 | -4.06 | -1.92 | -1.86 | -1.48 | -1.72 | -1.37 | -1.33 | -0.37 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 37.64 | 45.58 | 52.3 | 58.56 | 52.1 | 47.77 | 47.21 | 20.24 | 4.91 | 1.45 |
| Expenses | 32.91 | 40.41 | 44.68 | 51.17 | 42.05 | 37.73 | 39.9 | 33.41 | 12.31 | 3.94 |
| Operating Profit | 4.73 | 5.17 | 7.62 | 7.39 | 10.05 | 10.04 | 7.31 | -13.17 | -7.4 | -2.49 |
| OPM % | 12.57 | 11.34 | 14.57 | 12.62 | 19.29 | 21.02 | 15.48 | -65.07 | -150.71 | -171.72 |
| Other Income | 0.01 | 0.06 | 0.02 | 0.11 | 0.03 | 0 | 0 | 0 | 2.93 | -0.39 |
| Interest | 0.6 | 0.77 | 1.7 | 1.74 | 3.89 | 4.27 | 4.87 | 4.52 | 3.65 | 2.9 |
| Depreciation | 4.1 | 4.17 | 4.85 | 4.93 | 5.44 | 5.49 | 5.46 | 5.44 | 3.49 | 2.46 |
| Profit before tax | 0.04 | 0.29 | 1.09 | 0.83 | 0.75 | 0.28 | -3.02 | -23.13 | -11.61 | -8.24 |
| Tax % | -325 | 34.48 | 0 | -4.82 | 93.33 | 64.29 | -10.6 | -0.04 | -4.57 | — |
| Net Profit | 0.17 | 0.2 | 1.08 | 0.88 | 0.05 | 0.1 | -2.7 | -23.12 | -11.09 | -8.26 |
| EPS in Rs | 0.1 | 0.12 | 0.63 | 0.51 | 0.03 | 0.06 | -1.57 | -13.4 | -6.43 | -4.79 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 17.25 | 17.25 | 17.25 | 17.25 | 17.25 | 17.25 | 17.25 | 17.25 | 17.25 | 17.25 |
| Reserves | 0.68 | 0.87 | 1.95 | 2.83 | 2.88 | 2.98 | 0.28 | -22.84 | -33.93 | -36.85 |
| Borrowings | 1.95 | 12.25 | 18.92 | 27.25 | 32.42 | 29.46 | 34.86 | 32.78 | 29.74 | 30.93 |
| Other Liabilities | 5.34 | 8.13 | 7.79 | 18 | 8.96 | 10.25 | 12.7 | 16.68 | 10.88 | 11.46 |
| Total Liabilities | 25.22 | 38.5 | 45.91 | 65.33 | 61.51 | 59.94 | 65.09 | 43.87 | 23.94 | 22.79 |
| Fixed Assets | 18.32 | 28.14 | 29.99 | 25.17 | 50.5 | 46.51 | 41.62 | 36.37 | 23.31 | 22.3 |
| CWIP | 0.15 | 0.46 | 0.47 | 21.74 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 6.75 | 9.9 | 15.45 | 18.42 | 11.01 | 13.43 | 23.47 | 7.5 | 0.63 | 0.49 |
| Total Assets | 25.22 | 38.5 | 45.91 | 65.33 | 61.51 | 59.94 | 65.09 | 43.87 | 23.94 | 22.79 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 9.12 | 4.73 | 4.76 | 1.22 | 14.81 | 10.63 | 7.58 | -4.5 | 13 | -5.88 |
| Cash from Investing Activity | -2.65 | -0.6 | -14.31 | -6.71 | -21.38 | -8.99 | -1.51 | -0.57 | -0.19 | 12.56 |
| Cash from Financing Activity | -6.11 | -3.31 | 9.66 | 4.98 | 6.54 | -1.8 | -5.97 | 5.23 | -13.12 | -6.68 |
| Net Cash Flow | 0.36 | 0.82 | 0.11 | -0.51 | -0.04 | -0.16 | 0.11 | 0.16 | -0.3 | 0 |
| Free Cash Flow | 6.47 | 4.13 | -9.55 | -5.49 | -6.57 | 1.64 | 6.07 | -5.07 | 12.81 | 6.69 |
| CFO/OP | 116 | 114 | 92 | 17 | 203 | 110 | 77 | -61 | -99 | 79 |

### Ratios

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 9.87 | 22.4 | 11.37 | 21.63 | 16.58 | 18.99 | 23.53 | 57.29 | 15.51 | 0 |
| Inventory Days | 80.25 | 41.82 | 70.7 | 70.35 | 51.29 | 92.24 | 147.3 | 204.07 | 130.36 | 22.81 |
| Days Payable | 44.85 | 45.3 | 65.02 | 51.1 | 67.53 | 73.26 | 100.27 | 121.62 | 185.99 | 413.48 |
| Cash Conversion Cycle | 45.27 | 18.92 | 17.06 | 40.89 | 0.34 | 37.96 | 70.57 | 139.74 | -40.12 | -390.66 |
| Working Capital Days | -9.87 | 10.47 | -11.45 | 13.96 | -1.43 | -80.71 | -67.24 | 37.42 | -357.61 | -2420.45 |
| ROCE % | 15.78 | 2.98 | 4.1 | 8.15 | 5.97 | 9.29 | 8.9 | 3.62 | -46.77 | -54.11 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 49.65% | 49.65% | 49.65% | 49.65% | 49.65% |
| Public | 50.35% | 50.35% | 50.35% | 50.35% | 50.35% |
| No. of Shareholders | 5225 | 5544 | 5475 | 5433 | 5462 |

### Quarterly

| Category | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 49.65% | 49.65% | 49.65% | 49.65% | 49.65% | 49.65% | 49.65% | 49.65% | 49.65% | 49.65% | 49.65% | 49.65% |
| Public | 50.35% | 50.35% | 50.35% | 50.35% | 50.35% | 50.35% | 50.35% | 50.35% | 50.35% | 50.35% | 50.35% | 50.35% |
| No. of Shareholders | 5351 | 5544 | 5574 | 5694 | 5514 | 5475 | 5450 | 5451 | 5437 | 5433 | 5467 | 5462 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 6 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1.96 | Buy |
| EMA (10) | 1.98 | Buy |
| SMA (20) | 2 | Sell |
| EMA (20) | 2.02 | Sell |
| SMA (50) | 2.16 | Sell |
| EMA (50) | 2.23 | Sell |
| SMA (100) | 2.82 | Sell |
| EMA (100) | 2.46 | Sell |
| SMA (200) | 2.67 | Sell |
| EMA (200) | 2.66 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 45.75 | Neutral |
| MACD (12,26,9) | -0.07 | Buy |
| Stochastic (14,3,3) | 43.94 | Neutral |
| ADX (14) | 24.19 | Neutral |
| Williams %R (14) | -50 | Neutral |
| ATR (14) | 0.16 | High Volatility |
| ROC (12) | -1.97 | Sell |
| Stoch RSI (14) | 88.69 | Sell |
| UO (7,14,28) | 51.35 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Approved financial results for quarter ended 31-Dec-2025; NCLT liquidation sale to Krishna Ventures ongoing. | [Board Meeting Outcome for Outcome Of BM Held On 09.12.2026 To Approve Financial Results For The Quarter Ended 31.12.2025 9 Feb - Approved financial results for quarter ended 31-Dec-2025; NCLT liquidation sale to Krishna Ventures ongoing.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7a04b12c-2e21-4f0c-92bc-83df86535740.pdf) |
| 5 Feb - Board meets Feb 9, 2026 to approve results for quarter ended 31.12.2025; trading window closed; shares suspended. | [Board Meeting Intimation for Board Meeting To Be Held On 09.02.2026 To Approve Financial Results For The Quarter Ended 31.12.2025 5 Feb - Board meets Feb 9, 2026 to approve results for quarter ended 31.12.2025; trading window closed; shares suspended.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/afed165a-5ebf-4307-8284-e20dbd3975c3.pdf) |
| 31 Dec 2020 - The National Company Law Tribunal (NCLT), Ahmedabad Bench has passed an order on 04.12.2020 for liquidation of the Company under Section 33 of the Insolvency … | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP) 31 Dec 2020 - The National Company Law Tribunal (NCLT), Ahmedabad Bench has passed an order on 04.12.2020 for liquidation of the Company under Section 33 of the Insolvency …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8f6a1f1f-4b70-4e20-8fab-b4b8f67b85ed.pdf) |
| 3 Feb 2021 - 'LODR') and in accordance with the requirements of sub-clause 16(l) of Clause A of Part A of Schedule III of the LODR, the Company has … | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP) 3 Feb 2021 - 'LODR') and in accordance with the requirements of sub-clause 16(l) of Clause A of Part A of Schedule III of the LODR, the Company has …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e375dda2-0d10-44b0-8405-4fd028ad914a.pdf) |
| 29 Jan - NCLT-approved sale to Krishna Ventures; promoters cancelled; public reduced 1:43; 10,260,000 preferential shares allotted. | [Intimation Regarding Reconciliation Of Share Capital Audit Report As Per Regulation 76 Of The SEBI [Depositories And Participants] Regulations, 2018 For The Quarter Ended 31.12.2025 29 Jan - NCLT-approved sale to Krishna Ventures; promoters cancelled; public reduced 1:43; 10,260,000 preferential shares allotted.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ac85e9a7-32bb-4c69-948e-4fc8ef4e9778.pdf) |
| 24 Feb 2021 - 'LODR') and in accordance with the requirements of sub-clause 16(l) of Clause A of Part A of Schedule III of the LODR, the Company has … | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP) 24 Feb 2021 - 'LODR') and in accordance with the requirements of sub-clause 16(l) of Clause A of Part A of Schedule III of the LODR, the Company has …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6b7e550c-c14e-48d8-8418-eafeae8b4dd1.pdf) |
| 15 Dec 2020 - 'LODR') and in accordance with the requirements of sub-clause 16(l) of Clause A of Part A of Schedule III of the LODR, we wish to … | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP) 15 Dec 2020 - 'LODR') and in accordance with the requirements of sub-clause 16(l) of Clause A of Part A of Schedule III of the LODR, we wish to …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/57d2a08d-0974-49fc-8e59-bb5a1c9c2cd7.pdf) |
| 15 Dec 2020 - 'LODR') and in accordance with the requirements of sub-clause 16(l) of Clause A of Part A of Schedule III of the LODR, we enclose herewith … | [Corporate Insolvency Resolution Process (CIRP)-Public Announcement 15 Dec 2020 - 'LODR') and in accordance with the requirements of sub-clause 16(l) of Clause A of Part A of Schedule III of the LODR, we enclose herewith …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6757a57a-7165-4fa3-8cac-6728c72cbd9c.pdf) |
| 11 Feb - Publication of Financial Results for the period and quarter ended December 31, 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Feb - Publication of Financial Results for the period and quarter ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c4f13c99-89c0-48c9-93e8-02fe449184df.pdf) |
| — | [Financial Results For The Quarter Ended 31.12.2025 9 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/78e287f2-8d7c-42aa-b3d2-a1386da4293a.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/46216fb2-3a58-4656-b360-0699b754a520.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2021-02-24 | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6b7e550c-c14e-48d8-8418-eafeae8b4dd1.pdf) |
| 2021-02-03 | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e375dda2-0d10-44b0-8405-4fd028ad914a.pdf) |
| 2020-12-31 | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8f6a1f1f-4b70-4e20-8fab-b4b8f67b85ed.pdf) |
| 2020-12-15 | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=57d2a08d-0974-49fc-8e59-bb5a1c9c2cd7.pdf) |
| 2020-12-15 | [Corporate Insolvency Resolution Process (CIRP)-Public Announcement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6757a57a-7165-4fa3-8cac-6728c72cbd9c.pdf) |
| 2020-12-02 | [Fixes Book Closure for AGM (Cut-off date for e-voting)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6A4A6109-7A64-46FF-95DA-9F433E07625D-111029.pdf) |
| 2020-11-30 | [Outcome Of The Meeting Of The Resolution Professional Held On 30Th November, 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cfff847e-eb18-4dc1-9d6e-712425e8380c.pdf) |
| 2020-11-30 | [The 32Nd Annual General Meeting Of The Company Will Be Held On Wednesday, The 30Th December, 2020 At 4.00 Pm Through Two-Way Video Conferencing Or Other Audio Visual Means ('VC/OAVM').](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=41afd0d7-605c-44c7-ad38-8083e5356e45.pdf) |
| 2020-11-25 | [Board Meeting Intimation for Intimation For Meeting Of The Resolution Professional](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ba4a2da9-5e77-43e9-9fa9-a5bbb96aa53a.pdf) |
| 2020-11-23 | [Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18aeb904-8fd9-4d41-9637-151c87bea6f5.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_LLOYDELENG_2011_2012_31122012052525.zip) |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_LLOYDELENG_2010_2011_20092011034545.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_LLOYDELENG_2009_2010_24092010120000.zip) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532330/5323300319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/517518/5175180318.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532330/5323300318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/517518/5175180317.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532330/5323300317.pdf) |
| from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/517518/5175180316.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/532330/5323300316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:40:11.494Z.