Hester Biosciences Limited

Healthcare · Pharmaceuticals & Biotechnology

NSE: HESTERBIO BSE: 524669
₹2175.80
▲ 10.80 (0.50%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
80/100
Strong
Valuation
45/100
Fairly Valued
Momentum
31/100
Neutral

QVM read Quality business Quality Strong, Valuation Fairly Valued, Momentum Neutral

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

About

Hester Biosciences Limited (HBL) is a publicly traded Indian animal and poultry vaccines manufacturing company, headquartered in Ahmedabad. Hester has plants situated in Gujarat and Nepal. Hester has a 30% share of the poultry vaccines market in India, making it the country's second largest poultry vaccine manufacturer. Hester is also the first commercial manufacturer of goat pox vaccine in India and manufactures PPR vaccines from both, Nigerian and Sungri strains.

Source: Wikipedia

Key Metrics

Market Capitalization
₹1,851 Cr
PE (TTM)
31.4
Industry median 36.1 (152 companies)
Price to Book
5.0
PEG (TTM)
0.4
Institutions holding %
0.31%
FII + DII, latest filed period
Piotroski Score
6
Relative return vs Nifty50, qtr %
4.5
Relative return vs Sector, qtr %
-1.0
Free Cash Flow
₹46 Cr
as of March 31, 2026
Industry median ₹-0 Cr (198 companies)
EPS Growth (YoY)
87.73%
as of June 30, 2026
Industry median 26.14% (180 companies)
Net Profit Growth (TTM)
88.73%
as of June 30, 2026
Industry median 6.21% (175 companies)
Operating Revenue Growth (TTM)
8.98%
as of June 30, 2026
Industry median 9.08% (175 companies)
Profit Growth (YoY)
87.69%
as of June 30, 2026
Industry median 22.20% (176 companies)
Revenue Growth (YoY)
14.44%
as of June 30, 2026
Industry median 14.05% (173 companies)
Current Ratio
1.37
as of March 31, 2026
Industry median 1.84 (197 companies)
Debt to Equity
0.51
as of March 31, 2026
Industry median 0.14 (186 companies)
Interest Coverage
11.38
as of June 30, 2026
Industry median 10.58 (182 companies)
Net Margin
20.25%
as of June 30, 2026
Industry median 9.35% (179 companies)
Operating Margin (EBIT)
29.06%
as of June 30, 2026
Industry median 14.22% (181 companies)
Operating Margin (TTM)
28.80%
as of June 30, 2026
Industry median 12.41% (182 companies)
Return on Assets
8.48%
as of March 31, 2026
Industry median 5.54% (180 companies)
Return on Capital Employed
15.30%
as of March 31, 2026
Industry median 12.43% (181 companies)
Return on Equity
15.63%
as of March 31, 2026
Industry median 9.66% (179 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

3 of 8 met
  • No Net profit is higher than a year earlier in each of the last 4 quarters
  • No Revenue is higher than a year earlier in each of the last 4 quarters
  • Yes Quality score is Strong (70 or more)
  • No Piotroski F-score is 7 or more (score 6)
  • No Debt to equity is below 0.5 (0.51)
  • Yes Return on equity is 15% or more (15.6%)
  • Yes Net cash flow for the latest year is positive
  • No Cash from operations is higher than the year before

Ownership

3 of 4 met
  • No FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (0.0% pledged)
  • Yes Insiders have not sold in the past 3 months (no open-market sale filed in the last 3 months)

Peer comparison

3 of 3 met
  • Yes 1-year return beats the industry median
  • Yes Revenue growth beats the industry median
  • Yes Profit growth beats the industry median

Value and momentum

1 of 6 met
  • Yes Price sits in the Buy zone of its own historical PE range (Buy Zone)
  • No Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • No Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
0.5%
Low 2160.2000 · High 2240.1000
1W return
-2.9%
Low 2125.2000 · High 2240.1000
1M return
-3.7%
Low 2125.2000 · High 2540.9000
52W return
16.0%
Low 1239.3000 · High 2683.6000
Lifetime High ₹3212.7000 (July 26, 2024)
Lifetime Low ₹370.6000 (Feb. 12, 2016)

Full price history and technicals →

EMA & SMA

Bullish2
Bearish4
5D
2176.7
10D
2193.4
20D
2228.6
50D
2258.4
100D
2160.9
200D
1860.4

Delivery and volume

Day avg. delivery
57.1%
Week avg. delivery
52.3%
Month avg. delivery
31.1%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

2192.03
Pivot
First resistance2223.87
Second resistance2271.93
Third resistance2303.77
First support2143.97
Second support2112.13
Third support2064.07
Day RSI42.5
Day MFI38.8
Day MACD-44.56
Day MACD signal-41.90

Beta

1M1.81
3M1.52
1Y0.78
3Y0.80

Price change analysis

↓ -3.7%
Over 1 Month
LowHigh
2125.202540.90
↓ -1.0%
Over 3 Months
LowHigh
2067.202683.60
↑ 59.3%
Over 6 Months
LowHigh
1332.402683.60
↑ 16.0%
Over 1 Year
LowHigh
1239.302683.60
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →
Current PE 31.4 (own history: 20.6–70.1)
Buy Zone
Revenue (June 30, 2026)
₹73 Cr
Net profit (June 30, 2026)
₹15 Cr
Basic EPS (June 30, 2026)
₹17.2900

Ranks #80 of 184 in Pharmaceuticals & Biotechnology by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter53.73%
  • FII/FPI0.31%
  • Public45.96%

Largest holders

NameCategoryShares %Shares
Rajiv Dinesh GandhiPromoter10.4800%891508
Sanjiv Dinesh GandhiPromoter8.2000%697820
Nina Rajiv GandhiPromoter8.1900%696340
Shaila Bhupendra GandhiPromoter5.7800%491300
Ravin GandhiPromoter4.7400%403320

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 53.73% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings decreased from 0.38% to 0.31% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings were unchanged at 0.00% in Jun 2026 qtr

All shareholding details →

Insider trading, SAST & pledges

All 38 insider trades, 15 SAST, 0 pledge events →

Latest insider trades

FiledPersonCategoryTypeQuantityValue
5 Sep 2025 RAJIV DINESH GANDHI Promoter Buy 0 ₹0
5 Sep 2025 BHUPENDRA VITHALDAS GANDHI Promoter Sell 0 ₹0
8 Feb 2023 SHAILA BHUPENDRA GANDHI Promoter Buy 0 ₹0
8 Feb 2023 BHUPENDRA VITHALDAS GANDHI HUF Promoter Sell 0 ₹0
1 Jan 2021 Bhupendra Vittaldas Gandhi HUF Promoter Sell 0 ₹0
1 Jan 2021 SANJIV DINESH GANDHI Promoter Sell 0 ₹0
1 Jan 2021 BHUPENDRA VITTALDAS GANDHI HUF Promoter Sell 0 ₹0
1 Jan 2021 RAJIV DINESH GANDHI Promoter Buy 0 ₹0
1 Jan 2021 BHUPENDRA VITTALDAS GANDHI HUF Promoter Sell 0 ₹0
1 Jan 2021 Bhupendra Vittaldas Gandhi HUF Promoter Sell 0 ₹0

All insider and SAST disclosures →

DateClientDealActionQuantityPriceExchange
22 Mar 2017 RAJIV DINESH GANDHI Block Buy 90,000 732.1000 BSE
22 Mar 2017 HESTER COATINGS PRIVATE LIMITED Block Sell 90,000 732.1000 BSE
22 Mar 2017 HESTER COATINGS PRIVATE LIMITED Bulk Sell 90,000 732.1000 BSE
22 Mar 2017 RAJIV DINESH GANDHI Bulk Buy 90,000 732.1000 BSE
21 Aug 2014 K PAL JOY Bulk Sell 47,800 276.0000 BSE
1 Jul 2014 SHIRIN DHUNJISHAW GHANDHI Bulk Sell 60,000 171.8000 BSE
24 Jun 2013 PIYUSH BATUKBHAI DAVE Bulk Buy 50,000 110.2300 BSE
24 Jun 2013 PIYUSH BATUKBHAI DAVE Bulk Sell 50,000 110.6700 BSE
22 Aug 2012 JASHWANT JAGMOHAN SHAH Bulk Sell 28,505 126.0000 BSE
22 Aug 2012 VIRAJBEN SIDDHARTHBHAI PATEL Bulk Buy 28,505 126.0000 BSE

All bulk and block deals →

Last 12 months ₹11.00 per share
Dividend yield 0.51%
Ex-dateSubjectPer share (₹)Record date
14 Jul 2026 Dividend - Rs 11 Per Share 11.0000 14 Jul 2026
6 Aug 2025 Dividend - Rs 7 Per Share 7.0000 6 Aug 2025
22 Aug 2024 Dividend - Rs 6 Per Share 6.0000 22 Aug 2024
13 Sep 2023 Annual General Meeting/Dividend - Rs 8 Per Share 8.0000 —
11 Aug 2022 Annual General Meeting/Dividend - Rs 10 Per Share 10.0000 —
5 Aug 2021 Dividend - Rs 10 Per Share 10.0000 —
27 Aug 2020 Dividend - Rs 6.60 Per Share 6.6000 —
18 Jul 2019 Dividend - Rs 7 Per Share 7.0000 —
9 Nov 2018 Interim Dividend - Rs 2 Per Sh 2.0000 12 Nov 2018
30 Aug 2018 Interim Dividend Rs 2 Per Share 2.0000 31 Aug 2018

Corporate Actions

Full history (19 events) →

Bonuses, splits, buybacks and other events. Dividends are listed separately above.

Ex-dateTypeSubject
—NAME_CHANGEName changed from Hester Pharmaceuticals Limited to Hester Biosciences Limited
22 Aug 2024OTHERAnnual General Meeting

All corporate actions →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
30 Jul 2026 Financial Results Yes
30 Jan 2026 Financial Results Yes
12 Nov 2025 Financial Results Yes
4 Nov 2025 Financial Results Yes
1 Aug 2025 Financial Results Yes

Corporate Announcements

All 623 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
25 Sep 2026 Insider Trading / SAST Hester Biosciences Ltd - 524669 - Closure of Trading Window
25 Sep 2026 Trading Window Hester Biosciences Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
4 Sep 2026 AGM/EGM Hester Biosciences Ltd - 524669 - Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
4 Sep 2026 AGM/EGM Hester Biosciences Ltd - 524669 - Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
4 Sep 2026 General Updates Hester Biosciences Limited has informed the Exchange about Shareholders approval for Reclassification Mr. Ravin Gandhi and Ms. Bela Gandhi from Promoter and Promoter Group category to Public category shareholders of the Company.
4 Sep 2026 Shareholders meeting Hester Biosciences Limited has informed the Exchange regarding Proceedings of Postal Ballot. Further, the company has informed the Exchange regarding voting results along with copy of scrutinizers report together with copy of minutes.
27 Aug 2026 Credit Rating Hester Biosciences Limited has informed the Exchange about Credit Rating
4 Aug 2026 Shareholders meeting Hester Biosciences Limited has informed the Exchange regarding Notice of Postal Ballot
1 Aug 2026 Analysts/Institutional Investor Meet/Con. Call Updates Hester Biosciences Limited has informed the Exchange about Transcript
31 Jul 2026 General Updates Hester Biosciences Limited has informed the Exchange about General Updates

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • Strong net profit margin (20.2%)
  • Comfortable interest coverage (11.4x)

Weaknesses

Data unavailable.

Opportunities

  • PEG below 1 (0.35) -- earnings growth outpacing its own valuation

Threats

Data unavailable.

Data unavailable (no single-stock futures or options activity on record for this company).

Frequently asked questions about Hester Biosciences Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.