Albert David Overview
Fundamentals of Albert David
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|Debt to Equity||NA|
Financials of Albert David
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About Albert David
Incorporated in 1938 at Calcutta, Albert David (ADL) is headed by Chairman A K Kothari. Its units at Calcutta, Ghaziabad and Raisin manufacture pharmaceutical formulations, including amino acid infusi ... ons. The company also manufactures disposable syringes and needles and a wide range of bulk drugs. It is recognised as a large IV fluid manufacturer, both in glass and polyethylene containers. ADL has entered into a technical collaboration with Morishita Pharmaceuticals, Japan, a subsidiary of Ajinomoto -- the world leader in amino acids -- to manufacture amino acid infusions, for which it came out with a rights issue in Aug.'87. It has also set up a new unit in Kalyani, West Bengal, to manufacture bulk drugs, which went on stream in 1990. Another rights issue in Mar.'90 augmented the long-term working capital. ADL has entered into technical collaboration with Pharma Plan, Germany, to supply machinery to manufacture 30 mln disposable syringes and 70 mln needles at Mandideep near Bhopal. ADL came up with a Rs 4.68-cr right issue to part finance the expansion of its capacity of IV fluids in plastic bottles (FFS technology) at Ghaziabad. During 1998-99, the company has developed some new products viz. Siozole Capsules and Ferrochelate-Z-Capsules with Iron & Zinc and folic acid in sustained released formulation. In 2002-03 the company has launched new products-INTECAR,NIMERIL-T,EVICT,ALROF-50. It is also planning to launch new products such as SIOOXY,ALAMIN FEZ,PANSURE. Read More
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Is Albert David a Debt free Company?
Albert David is almost a debt free company
What is the main business of Albert David?
Albert David Ltd is involved in the production and distribution of pharmaceutical formulations, infusion solutions, herbal dosage forms, and bulk drugs, both for domestic sales and export purposes.
Who are the promoters of Albert David?
Kothari Investment And Industries Private Limited, Anand Vardhan Kothari, and M D Kothari And Company Limited are the major promoters of Albert David.
What are the Subsidiaries that comes under Albert David?
There are no subsidiaries that come under Albert David.