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WHO GMP AND ISO-9001-2008 Certification by AGSI

 
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News & Events

02-07-2013

Shine Pharmaceuticals Limited

Shine Pharmaceuticals Limited is a professionally managed medium size Pharmaceutical Formulation Com ...

Our Beginning - The first step

"A journey of thousand miles begin with single step" so was with us on 17th day of August, 1994 when Shine Pharmaceuticals Ltd. was incorporated.

 

Since then, it has been a step by step approach and a march ahead on our journey towards growth. A seed sown with just 8 products and 5 medical representatives has grown into a tree with more than 180 products and a strong team of 650 field personnel and the journey is on....

 

And what more... Adding feather to our cap a small manufacturing unit set up in the year 1996 has been expanded to almost 3 times with ISO 9001-2008 accrediation & WHO GMP certification.

Shine - The speciality people

We aimed to do the things differently so as to stand out of the crowd. Therefore we decided to operate in the Niche segment of market.

 

We have selected the specialized products in Psychiatry, Neurology, Cardiology, Gastroenterology and now Diabetology.

 

Today, we are one of the fast growing company in our segment of products and few of our products are rated in top 20 in their particular segment as per the ORG retail audit.

Shine Pharma- The company

We have set up our unit in the year 1996, located near Vadodara, Gujarat, India and the facilities are WHO GMP & ISO 9001:2008 certified. Even our facilities are comparable to UK-MHRA, Australian TGA & South African - MCC standards to a great extend. Our installed capacities in the respective departments are as follows :

 

arr Tablets (400 Million/year) arr Capsules (Hard Gelatin) (120 Million/year) arr Liquid Orals (10 Million bottles/year)

 

So far we were selling our products in the Indian market and are having all India presence. We are having a strong team of 650 sales personnel.

 

Even though we are small in size but we have created a very good reputation with quality of our products and professional approach. We are growing with an annual growth rate of above 20%.

 

We have ventured into the Export market and we are having a large range of products comprising tablets, capsules, liquids & injections.

Past Performance

The company is doing extremely well since its inception. It has created a niche in the market. Its financial performance for last 5 years is as under :

  Particulars Rs. In crore
2008-09 2009-10 2010-11 2011-12 2012-13
  Sales 36.56 40.54 49.29 58.59 67.43
  Gross Profit 2.90 3.33 4.27 4.60 4.37
  Net profit after tax 1.55 1.74 2.82 3.09 3.17
  Paid up Capital 2.25 2.25 2.25 3.37 3.37
  Reserve & Surplus 4.16 5.90 8.72 10.10 12.68

Strengths

Arrow Sizable market share in domestic market particularly in the field of Psychiatry, Neurology, Cardiology and Gastroenterology.
Arrow Diversification into Multi-minerals, Anti Diabetic and Anti-retrovirals.
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