Brooks Laboratories Limited was incorporated on January 23, 2002. The company was initially promoted for manufacturing latest molecules in Injectables, tablets and dry syrups for the domestic customers. The Company is a pharmaceutical manufacturing company working on contract basis and have its own marketing team to cater the critical care segment. It offer a variety of dosage from Beta lactam Tablets, Beta lactam Dry Syrup, General Injections, Liquid Injections, Dry Powder Injections, and Eye/Ear Drops, Oncology Products, Hormonal Injections etc.
The company's manufacturing facilities are designed to manufacture a variety of products in the formulation segment using a combination of processes. At Baddi, they manufacture wide range of products under the formulation segment for various top notch companies of India.
With roots dating back to 2002, Brooks Laboratories were established with a sole purpose of being a pioneer in the Pharmaceutical industry. Right from its inception, the company has entrenched strong foothold in the Pharmaceutical business and has successfully been a prominent part of Pharmaceutical Formulation Development, Pharmaceutical Production, Pharmaceutical Exports, etc. Starting out as Manufacturer for various Pharmaceutical products in India and abroad, over the years with sheer hard work, the Company earned its valuable name in India and abroad. The Company has a world's largest dedicated EU certified plant at Vadodara.
In the year 2006, the com ...pany set up a facility for manufacturing Tablets, Dry Syrup and Injectables, which was supported by a research and development (R&D) centre at Baddi, Himachal Pradesh. In May 2006, they started their operations and in June 3, 2006, they commenced commercial production.
In October 2006, the company obtained Import license from Drugs Controller General of India under the Drugs Act 1940 and Drugs Rules. In August 2007, they received an AS/NZS ISO 9001:2000 Certificate from SAI Global Certification Services Pty Ltd, Australia. In April 2008, the company took over some of the assets of Brooks Pharmaceuticals, a partnership firm of the promoters, Atul Ranchal & Rajesh Mahajan.
In April 2010, the manufacturing facility at Baddi was certified as WHO GMP compliant by Department of Health & Family Welfare, HP. In July 2010, the company received an ISO 9001:2008 Certificate from UKAS Quality Management, URS & IAF.
In August 2011, Brooks Laboratories raised money by way of Initial Public Offer Rs. 63 Crore from public.
During the financial year ended 31 March 2014, the company operated the Baddi plant at 100% capacity. During the financial year ended 31 March 2015, the company operated the Baddi plant at 100% capacity. During the financial year ended 31 March 2016, the company operated the Baddi plant at 92% capacity.
On 7 March 2017, Brooks Laboratories' world class dedicated carbapenem facility in Vadodara Plant started manufacturing activity. Brooks Management decided to upgrade the facility in line with cGMP in Baddi plant. Since it was a running unit, the company decided to upgrade the Baddi facility in steps. As a first step, the company upgraded one injectable manufacturing line, which started commercial production in November 2016. The company operated the Baddi plant at 92% capacity during the year under review.
The upgradation of injectable line in Baddi facility was carried out for 3 months from June 2017, whereby production in injectable line was affected, upgradation was completed and production started from September onwards in Baddi facility.
The company commenced production in August 2017 at Baddi Plant with almost double the capacity of previous line.
The Company started production and sales at its manufacturing facility in Vadodara in 2019-20.
The joint venture company, Brooks Steriscience Limited, secured approval from the USFDA for Meropenem for Injection and commenced its product supply in FY 2023.
FAQs on Brooks Laboratories Ltd
1. Can I buy Brooks Laboratories Ltd from PL Capital? ›
Yes, you can invest in Brooks Laboratories Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Brooks Laboratories Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Brooks Laboratories Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Brooks Laboratories Ltd pay dividends? ›
Brooks Laboratories Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Brooks Laboratories Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Brooks Laboratories Ltd. is ₹ 60.93 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Brooks Laboratories Ltd ? ›
The 52-week high and low of Brooks Laboratories Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
