ORTIN LABORATORIES LIMITED, established in the year 1986 as a Private Limited Company with a nominal capital of One lakh rupees to offer QUALITY Drugs and Medicines to the suffering mankind. Later, in the year 1994, this Private Limited Company converted as a Public Limited Company.
These proceeds were utilized for constructing a Factory in a spacious area of 25000 sq feet with all ultra-modern infrastructure as per the WHO GMP Standards to manufacture the complete range of Pharmaceutical Formulations of TABLETS, CAPSULES, SYRUPS, DRY POWDERS & OINTMENTS.
Ortin has been certified as an ISO 9001: 2000 Company by the internationally recognized Quality Management Certification Body, the National Quality Assurance, UK in pursuance of its focus towards Quality with its Policy to enhance customer satisfaction by providing Quality Pharmaceutical Formulations at optimum cost and maintain profitability through continual improvement of Quality Management Systems and cGMP.
Ortin has a manufacturing capacity of:
600 Lakh Numbers of Tablets
600 Lakh Numbers of Capsules
50 Lakh tubes of Ointments
25 Lakh Bottles of Dry Powders which includes Betalactum and Non-Betalactum Medicines.
It is honored as a registered Supplier of Drugs & Medicines with the most reputed Central, State & Quasi-Government Organizations & Institutions of our Country such as the Railways, Health Ministry, Defence, Posts & Telegraph, Electricity Hospitals, Transport Organizations, Research Institutions such as JIPMER, IICT etc.
Currently trading at 33, having a P/E of 11 and a Book value of 21
It is channeling its efforts towards building an overseas marketing network in order to enhance exports to third world countries. It is also planning to launch innovative Biotechnology products in Orthopedic and Dental Segments.
The company also plans to acquire Vineet Laboratories which is a supplier of active pharmaceutical ingredients, organic intermediates, fine chemicals and organometallics of highest quality.
Considering the future prospects and the growth of the company in the previous years, one may enter it for Long term for decent returns
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