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Hester Biosciences Ltd is one of the leading animal health care companies & the second largest poultry vaccine manufacturer in India. Founded by Mr. Rajiv Gandhi in 1987, it has now a presence in over 30 countries & has a key market in India, Nepal & Tanzania. It has partnered with Bill & Melinda Gates Foundation, GALVmed, Golchha Organisation, Novapharma, etc. While operating across four broad verticals of Poultry Vaccines, Poultry Health Products, Animal Vaccines and Animal Health Products, the company provides services like seroprofiling kits and diagnostic labs for poultry flocks, and mastitis control programs for cattle.
Hester Biosciences' bank facility ratings have been upgraded by CARE Ratings. Long-term facilities improved to CARE BBB+ (Stable) from BBB, while Long-term/Short-term facilities are now CARE BBB+ (Stable)/A2 from BBB (Stable)/A3+. Short-term facilities also moved to CARE A2 from A3+. This upgrade reflects the company's strong operational and financial performance...
Hester Biosciences reported strong Q1 FY27 standalone performance: revenue up 14%, PAT soared 88%, and EBITDA grew 95%. Gross margins improved from 69% to 78% due to product mix and efficiency. Consolidated revenue declined 8% impacted by Nepal and Africa, but profitability got a boost from the Gates Foundation reducing...