Wednesday, 22 July 2015



Natural Capsules is a public limited company established in the year 1993.The company is a well-equipped modern manufacturing plant to manufacture hard gelatin capsule shells, Hard cellulose capsule shells and pharmaceutical dosage forms in capsule dosage form. 
The company meets the statutory requirements as laid down by the authorities in respect to cGMP and cGLP practices. Since its inception, Natural Capsules has ensured to provide turnkey solutions to all its customers. NCL has evolved and strengthened its endeavors by constantly innovating through its excellent products. With a mission to enable ‘Technology Assisted Business Transformation’, NCL ensure to deliver the best products with a technological edge.       
The main objective of the company is to manufacture and market hard gelatin capsule shells and hard cellulose capsule shells (both printed and unprinted). These capsules are sold in the domestic market and also exported to several countries. The logical integration of NCL hard shell manufacturing to formulation was initiated in the year 1998.  
The company is also engaged in formulating the pharmaceutical dosage forms in capsule dosage form, both pharma and neutraceutical products. The company is fully committed to upgrade its facilities on a continuous basis to meet the requirements of national and international standards, cGMP and cGLP practices. Natural Capsule has been serving the pharmaceutical industry over a decade, comprising of two units – one at Bangalore and other at Pondicherry.  
The pharmaceutical and dietary supplement industries count on Natural Capsules to supply hard two-piece gelatin and cellulose capsules. With manufacturing sites at Bangalore and Pondicherry, they are serving customers on quick service no matter where they are located. For the past 12 years, with the greatest respect to the customers, Natural Capsules has dedicated itself to the production of the highest quality capsules.
Products and services offered by the company:
  • Hard Gelatin Capsule Shells
  • Hard Cellulose Capsule Shells
  • BSE / TSE Free Gelatin Capsule Shells
  • Shiny Gelatin Capsule Shells  
  • SLS Free Gelatin Capsule Shells
  • Halal Certified Gelatin Capsule Shells
  • Fortified Gelatin Capsule Shells
  • Sweet Gelatin Capsule Shells
  • Fast Release Gelatin Capsule Shells
  • Printed Gelatin / Cellulose Capsule Shells
  • Contract research in synthetic chemistry
  • Dosage development
  • Dossier in CTD format
  • Manufacturing of APIs and finished dosage forms
  • Development of dossiers/ ANDAs for products of the customer’s choice
  • Contract research and analytical 
Achievements/ recognition:
  •  An ISO 9001:2000 cerified company 

    Stock PE-14.45                                    Indudtry PE-50.6  

    Interest Coverage Ratio: 14.45          Debt to equity: 0.14 

    Sales growth 5Years: 17.59%             Price to book value: 0.82

    The stock price fall from 94.6(feb 15) to 61.50  (jun 15) ,then upward movent to 78.50 with break out. tgt 95 within short term.




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