Bilcare Ltd
Bilcare Ltd is a Pune, India-based specialty manufacturer of polymer films and aluminum foils for pharmaceutical blister packaging, serving global drug companies across 100+ countries with barrier films, cold-form foils, and child-resistant packaging.
- Company typePublic
- Founded1946
- HeadquartersPune, India
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Bilcare Ltd does
Bilcare Ltd (legal entity: Caprihans India Limited, publicly listed on BSE India under ticker CAPRIHANS, code 509486) is a Pune, India-headquartered specialty pharmaceutical packaging manufacturer serving global drug companies across 100+ countries. Founded in 1946 and operating for over 70 years, the company designs and manufactures specialty polymer films (PVC, PVdC, PVDC, Aclar, APET) and aluminum foils used in pharmaceutical blister packaging for solid oral dosage forms such as tablets and capsules. Its product portfolio spans four families: thermoforming blister films (Duplex, Triplex, Ultra, Ultra Tx, Armour, Aclar, Excel, Exxtra, Optra, BAPP, Zymax family), coldforming blister foils (Venus family, Tropical Foil, DESALU), lidding blister foils (Zeon family, Zenith, Suppo Zenith), child-resistant lidding foils (Crispak family), and laminates (Lamiflex PAL/RAL). The company also markets proprietary NonClonableID, a nanotechnology-based anti-counterfeiting authentication technology for pharmaceutical brand protection, and operates sub-brands Bilcare Research (R&D services) and Bilcare GCS (Global Clinical Supplies).
Bilcare manufactures out of two Indian plants in Pune and Nashik with 50,000 tonnes annual capacity, ISO Class 8 clean rooms, and USFDA DMF (#14957) and Health Canada DMF (2008-062) registrations. The company holds 200+ patents for distinctive packaging solutions, ISO 9001:2015, ISO 14001:2015, and ISO 15378:2017 certifications, and complies with EU Pharmacopoeia, USP 661.1, FDA 21 CFR, and REACH. It serves pharmaceutical manufacturers directly through enterprise field sales, supported by European sales/marketing offices in Frankfurt, Germany and Basel, Switzerland, and active participation at CPhI Worldwide, Pharmapack Europe, Arab Pharma EXPO, and US Pack Expo. Named customers include Bayer Healthcare and Fresenius Kabi. Reported FY 2025-26 revenue was Rs 733.54 crore (~$88M USD), down 6.92% YoY, with a small net profit of Rs 1.72 crore versus a prior-year loss. Key sub-brands include Bilcare Research (R&D services) and Bilcare GCS (clinical trial packaging).
Bilcare Ltd firmographics
Firmographics- Name
- Bilcare Ltd
- Legal name
- Caprihans India Limited
- Website
- https://bilcare.com
- Company type
- Public
- Founded year
- 1946
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Bilcare Ltd is a Pune, India-based specialty manufacturer of polymer films and aluminum foils for pharmaceutical blister packaging, serving global drug companies across 100+ countries with barrier films, cold-form foils, and child-resistant packaging.
- Ownership category
- akta.pro rank
Bilcare Ltd industry classification
Industry- Product category
- Pharmaceutical Packaging
- NAICS
- Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112)
- SIC
- Unsupported Plastics Film & Sheet (3081)
- akta.pro primary industry
- Primary Pharmaceutical Packaging (Blister Packs, Bottles, Vials, Ampoules) (IMALAIAA)
- akta.pro secondary industries
- Pharmaceutical & Medical Plastic Packaging Manufacturing (IMANAEAK), Blister & Unit-Dose Packaging (CR/TE Blisters, Strip Packs) (IMALANAD), Anti-Counterfeit & Track-and-Trace Packaging (Serialization, Security Features) (IMALAIAJ)
Keywords
Where Bilcare Ltd is headquartered
LocationHeadquarters
- HQ city
- Pune
- HQ country
- India
- HQ region
- Asia
Offices6 records
Markets served
Bilcare Ltd business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Pharmaceutical Packaging Materials: Sale of specialty polymer films (PVC, PVdC, PVDC, Aclar, APET) and aluminum foils for pharmaceutical blister packaging. Products include Duplex, Triplex, Ultra, Armour, Aclar, Zymax product lines for thermoforming blister films; Venus, Tropical Foil for cold-forming foils; Zeon, Zeon+, Zenith for lidding foils; Crispak for child-resistant foils; and Lamiflex for laminates.
- Research & Development Services: Pharmaceutical packaging research services including formulation stability studies, blister/foil design & development, pharma brand innovation, analytical research & market study, and packaging trials & audit.
- NonClonableID Authentication Technology: Anti-counterfeiting technology solutions using proprietary nanotechnology-based authentication system for pharmaceutical brand protection.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom pharmaceutical packaging solutions |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
Bilcare Ltd product offering
Product offeringCore offering
Bilcare manufactures and sells specialty polymer films (PVC, PVdC, PVDC, Aclar, APET) and aluminum foils used in pharmaceutical blister packaging for solid oral dosage forms. Its portfolio spans thermoforming films, cold-form foils, lidding foils, child-resistant foils, and laminate films, sold globally to pharmaceutical manufacturers across 100+ countries. The company also provides pharmaceutical packaging research services and licenses its proprietary NonClonableID anti-counterfeiting authentication technology.
Product overview
Bilcare Ltd operates as a comprehensive pharmaceutical packaging solutions provider, offering an integrated portfolio of specialty polymer films and aluminum foils for solid dosage pharmaceutical products. The product portfolio spans four main categories: (1) Thermoforming Blister Films including Duplex, Triplex, Ultra, Ultra Tx, Armour, Aclar, Excel, Exxtra, Optra, BAPP, Zymax, Zymax Tx, and Zymax PDP; (2) Coldforming Blister Foils including Venus, Venus PR, Venus SBC, Tropical Foil, Nutra Venus, Vento Venus, and DESALU; (3) Lidding Blister Foils including Zeon, Zeon+, Zenith, Zeon+ PR, Suppo Zenith, Zeon PR, Zeon D, and Zeon X; and (4) Child-Resistant Foils including Crispak AP-PT, Crispak PL, Crispak PP, and Crispak PT; plus Laminates including Lamiflex PAL and Lamiflex RAL. The company also provides research services including formulation stability studies, blister/foil design and development, pharma brand innovation, analytical research and market study, and packaging trials and audit. Bilcare addresses pharmaceutical packaging challenges through its '5Cs' approach: Compliance, Counterfeiting, Communication, Convenience, and Child-Resistant packaging.
Differentiator
Problem solved
Functional benefit
Brands
- Bilcare Research: Pharmaceutical packaging research and clinical supplies services division.
- Bilcare GCS
- nonClonableID
Products and services
- Duplex PVdC coated pharmaceutical grade PVC film providing barrier against moisture and oxygen for mid-sensitive formulations such as Amlodipine, Diclofenac, and Metformin.
- Triplex Three-layer composite film (PVC/PE/PVdC) providing higher barrier towards moisture, gases and aroma with improved formability for sensitive formulations such as Norfloxacin and Lactic Acids.
- Ultra Metallised PVC coated with PVdC providing higher barrier against moisture and oxygen with metallic aesthetic, suitable for sensitive generic and OTC drugs.
- Ultra Tx Three-layer composite with metallised rigid PVC base coated with PVdC providing high barrier towards moisture, gases, and aroma with improved formability and aesthetics.
- Armour PVDC/PVC/PE/PVDC composite with customized enhanced barrier PVdC coating providing highest barrier against moisture and oxygen for high-sensitive formulations such as Losartan and Multivitamins.
- Aclar PVC-based Aclar laminated film with higher barrier properties against moisture for high-sensitive formulations including Losartan, Multivitamins, and Neutraceuticals.
- Excel PVC-based laminated product with excellent thermoforming properties and improved gas and vapor barrier for suppository packaging and unit dose packs.
- Exxtra Pharmaceutical grade plain PVC film with excellent thermoforming properties for stable formulations such as paracetamol, Cefadroxil, and Ibuprofen.
- Optra Halogen-free Amorphous Polyethylene Terephthalate (APET) thermoformable eco-friendly film for low to medium sensitive drug formulations.
- BAPP APET/PVC/PVDC composite film providing highest barrier against moisture; thermoformable with high abrasion resistance for deep draw cavities.
- Zymax Super high barrier multilayer film with excellent thermoforming properties and increased gas barrier, manufactured exclusively for pharmaceutical blister packaging.
- Zymax Tx Ultra high barrier multilayer film (PVC/PE/Super high barrier PVDC) with excellent thermoforming properties and increased gas barrier.
- Zymax PDP Ultra high barrier multilayer film (PVC/Super high barrier PVDC/PVC) with excellent thermoforming properties and increased gas barrier.
- Venus Multi-layered cold-form foil (OPA/Foil/PVC) providing complete protection against water vapour, light, gases and aroma for hygroscopic and high-sensitive pharmaceutical products such as Pantoprazole and Omeprazole.
- Venus PR Multi-layered cold-form foil (OPA/Primer/Foil/PVC) with primered coating for enhanced interlayer integrity for hygroscopic and high-sensitive products.
- Venus SBC Multi-layered cold-form foil (PVC/OPA/Foil/PVC) with enhanced blister rigidity for dent-free blisters; deep draw forming for higher dimensional solid oral dosages.
- Tropical Foil Laminate (OPA/Foil/HSL) enhancing barrier of conventional thermoform blister with no direct product contact but increased shelf life for high-sensitive and beta-lactam products.
- Nutra Venus High barrier multilayer cold-formable film (OPA/Foil/Barrier PVC) minimizing ingress of water vapour versus regular Venus for moisture-sensitive products.
- Vento Venus Multilayered cold-formable aluminum-based blister structure (OPA/Foil/Polyolefin) minimizing gas bulging effect for moisture-sensitive push-through blisters.
- DESALU Multi-layered cold-formable blister film (OPA/Foil/Desiccant PE) with moisture absorbent for extra barrier protection to highly sensitive molecules.
- Zeon Non-toxic bright-side heat seal lacquer coated hard aluminum lid foil with dull side lacquered for printing; for blister lidding with PVC sealing layer.
- Zeon+ Non-toxic bright-side heat seal lacquer coated hard aluminum lid foil compatible with PVC/PVdC sealing layers, available in plain and printed form.
- Zenith Non-toxic low-density polyethylene laminated soft aluminum strip foil with good printability for high-sensitive formulations such as Pantoprazole and Omeprazole.
- Zeon+ PR Universal lacquer coated aluminum lid foil (Primer/Hard Foil/Acrylic Lacquer) with special coating for better printability, compatible with PVC/PVdC sealing.
- Suppo Zenith Aluminum-based laminated product with excellent forming properties for suppository packaging; PE laminated foil that is peelable and weldable.
- Zeon PR Non-toxic heat seal lacquer coated aluminum lid foil (Primer/Hard Foil/HSL) with special coating for better printability, compatible with PVC sealing.
- Zeon D Push-through lidding foil with modified sealing extruded polyolefin layers containing desiccant PE for moisture absorption for high moisture-sensitive dry products.
- Zeon X Co-extruded push-through lidding foil (Foil/PE) with dull side print primer and bright side extruded PE; sealable with DESALU product.
- Crispak AP-PT Laminated push-through child-resistant (CR) foil laminated with PVC; child-resistant and senior-friendly packaging compliant with BS EN 14375.
- Crispak PL Peelable heat seal lacquer coated child-resistant lid foil with colored paper combinations; higher peel strength for pharmaceutical applications.
- Crispak PP Peel and push type child-resistant lid foil compatible with PVC/PVdC; specially developed non-toxic heat seal lacquer coated aluminum foil.
- Crispak PT Laminated push-through child-resistant and senior-friendly (CR) foil laminated with paper; provides excellent push-through effect.
- Lamiflex PAL PET-based laminate film (PET/Foil/PE) for pharmaceutical packaging suitable for effervescent granules, bulk drugs, antacid liquid, and sildenafil citrate gel.
- Lamiflex RAL Paper-based laminate (Paper/Foil/PE) for pharmaceutical packaging applications, available with printing and/or pouching options.
- Pharmaceutical Packaging Research Services Research services including formulation stability studies, blister/foil design and development, pharma brand innovation, analytical research and market study, and packaging trials and audit.
- NonClonableID Authentication Technology Proprietary nanotechnology-based anti-counterfeiting authentication technology providing unique, non-clonable identification for pharmaceutical products enabling real-time consumer authentication.
Quantifiable outcome
- 50,000 tonnes annual manufacturing capacity
- +2 more outcomes
Companies that use Bilcare Ltd
Customer profileNamed customers9 records
Segments2 records
Ideal customer profiles2 records
Bilcare Ltd technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Bilcare Ltd partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- MeadWestVaco Corp.majorBilcare Research partnered with US-based MeadWestVaco Corp. to jointly acquire International Labs Inc. The partnership enables creation of innovative, highly efficient consumer-oriented supply chains and expansion of integrated drug packaging for the global healthcare market.
Scale indicators9 records
Recent moves10 records
Expansion highlights6 records
Bilcare Ltd competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Bilcare Ltd social profiles
Digital presenceBilcare Ltd compliance and trust
Trust signalCompliance8 records
Bilcare Ltd financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bilcare Ltd leadership team
Management profileNumber of profiles
Profiles12 records
Bilcare Ltd subsidiaries and ownership
Company hierarchySubsidiaries1 record
Bilcare Ltd funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bilcare Ltd M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bilcare Ltd
What does Bilcare Ltd do?
Bilcare manufactures and sells specialty polymer films (PVC, PVdC, PVDC, Aclar, APET) and aluminum foils used in pharmaceutical blister packaging for solid oral dosage forms. Its portfolio spans thermoforming films, cold-form foils, lidding foils, child-resistant foils, and laminate films, sold globally to pharmaceutical manufacturers across 100+ countries. The company also provides pharmaceutical packaging research services and licenses its proprietary NonClonableID anti-counterfeiting authentication technology.
Is Bilcare Ltd a public or private company?
Bilcare Ltd is a public company. It is classified as public and is currently operating.
When was Bilcare Ltd founded?
Bilcare Ltd was founded in 1946. It employs 1,001 to 5,000 people.
Where is Bilcare Ltd based?
Bilcare Ltd is headquartered in Pune, India, in the Asia region.
How does Bilcare Ltd make money?
Three revenue lines are on record. Pharmaceutical Packaging Materials are the primary driver. The others are research & Development Services and nonClonableID Authentication Technology.
Does Bilcare Ltd have an API?
No public API is recorded for Bilcare Ltd.
What industry is Bilcare Ltd in?
Bilcare Ltd's product category is Pharmaceutical Packaging. Its primary akta.pro industry code is IMALAIAA, Primary Pharmaceutical Packaging (Blister Packs, Bottles, Vials, Ampoules), with a secondary code of IMANAEAK, Pharmaceutical & Medical Plastic Packaging Manufacturing. Its NAICS code is 326112 and its SIC code is 3081.