Strides Pharma Science Ltd.
Snapshot View

769.00 -7.45 ▼-1.0%

23 July 2021, 04:00:00 P.M.
Volume: 27,005

Overview View Details

Sector Healthcare Compare with Sector peers
Industry Pharmaceuticals & Drugs Compare with Industry peers
Website http://www.stridesarco.com
Financial Indicators
Market Cap 6,897.01 Cr.
Earnings per share (EPS) 29.92 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 25.69 Trailing Twelve Months Ending 2021-03
Industry PE 35.17 Trailing Twelve Months Ending 2021-03
Book Value / Share 309.49 Trailing Twelve Months Ending 2021-03
Price to Book Value 2.48 Calculated using Price: 768.75
Dividend Yield 1.82 Period Ending 2020-03
No. of Shares Subscribed 8.97 Cr. 89,717,164 Shares
FaceValue 10
Company Profile

Strides Pharma Science Limited, incorporated in 1990, is a global pharmaceutical company headquartered in Bangalore, India. The Company has two business verticals, viz., Regulated Markets and Emerging Markets. Strides has a global manufacturing footprint with eight manufacturing facilities spread across four continents, including five US FDA approved facilities and two facilities for the rest of world markets. The Company has a dedicated R&D facility in India with global filing capabilities and a strong footprint across many countries.

Business area of the company

The company’s core competence is in the development and manufacture of wide range of niche and technically complex pharmaceutical products. The company is also among the world's largest soft gelatin capsule manufacturers.

Products

Soft gel capsules - The company manufactures range of soft gel in category of nutraceuticals, Rx, specialty OTCs and immunosuppressants.

Steriles- Under this, it offers its products in therapeutic segments that includes beta-lactams and cephalosporins. The company manufactures striles in various forms such as prefill syringes, ampoules, vials and penicillins.

Awards

2017-18

  • Received several customer award including the Cardinal Health Supply Chain Excellence Award for 2017

2019-20

  • The Global Presence Award
  • Foreign owned business Award

Milestones

2013

  • Strides Arcolab receives ANDA approval from USFDA for Tenofovir Disoproxil Fumarate and Emtricitabine Tablet.
  • Strides Arcolab announces US FDA approval for its Italian Semi-solids and Oinment facility.
  • Strides announces WHO pre-qualification for Artemether + Lumifantrine -StelisBiopharma and Pieris Forge Alliance for Novel Anticalin Therapeutics in Ophthalmology.
  • Strides Arcolab - Re-branding Biotech Business as ''Stelis''.
  • Strides Arcolab - Pfenex Inc. and Agila Biotech Private Ltd Announce Joint Venture to Develop Biosimilar Products for the Global Market.

2014

  • Medicines for Malaria Venture announces collaborations with Cipla and Strides.
  • Strides Arcolab makes strategic investment in Oncobiologics Inc., USA.
  • Strides partners with Gilead Sciences Inc, to bring Hepatitis C cure to 91 developing countries.
  • Strides Arcolab receives US FDA approval for Buspirone Tablets.
  • Strides Arcolab receives US FDA approval for Calcitriol Softgel.
  • Strides Arcolab acquires 'Raricap' and India Branded Generic Business of Bafna.
  • Strides Arcolab to acquire Shasun Pharma in all stock deal.

2015

  • Strides Arcolab Ltd. has entered into an agreement with Fortuna Public Relations Pvt. Ltd., Delhi appointing them as Company's Public Relations Agenc
  • Strides Arcolab Ltd that it has entered into a licensing agreement with Gilead Sciences Inc,
  • Strides Arcolab Ltd has launched the generic drug Sofosbuvir in India ''Virso''
  • Strides Arcolab gets USFDA nod for Polyethylene Glycol 3350 -Strides Arcolab gets USFDA nod for HIV treatment drug
  • Strides Arcolab Ltd has approved the merger of Shasun Pharmaceuticals Ltd with the company.
  • Strides Arcolab has completed the Rs 1,910-crore acquisition of Aspen Pharmacare, Australia.
  • Strides Arcolab acquires CNS divisions of erstwhile Ranbaxy
  • Strides Arcolab Ltd has changed from its present name ''Strides Arcolab Limited'' to Strides Shasun Limited

2016

  • Strides Shasun updates on ''Acquisition of seven brands from Johnson & Johnson''.
  • Strides Shasun update on ''Acquisition of CNS divisions of erstwhile Ranbaxy''. -''Strides Shasun to acquire a strategic stake in Generic Partners Holdings, Australia.
  • Strides Shasun to acquire controlling stake in Universal Corporation, Kenya.
  • Strides Shasun receives USFDA Tentative Approval for Efavirenz Tablet.
  • Strides Shasun announces successful completion of US FDA inspection at its Oral Dosage Facility in Bangalore.

2017-18

  • Launched consumer health division in a difficult market environment.
  • Product filing and approval gained momentum with 12 new ANDA filings and 14 product approvals received
  • Witnessed single-digit price erosion for front-end portfolio 

2018-19

  • Re-launched erstwhile partnership molecules through front-end business witnessing encouraging traction which contributed to a sequential ramp-up in the US business.
  • Completed acquisition of Vensun Pharmaceuticals and took 100% ownership in a joint venture with Vivimed Labs adding ~US$ 25 million additional sales and a combined portfolio of 100+ ANDAs.
  • Entered into a strategic partnership with SUDA Pharmaceuticals for an exclusive agreement for novel and a fast-acting oral spray of sumatriptan in the US market.

2019-20

  • Increased production capacity up to 1.4 Billion tablets annually on single shift operations, with new equipment-like continuous coater, high speed automatic inspection machine-and technology - for manufacturing hot molten liquid fill into a hard gelatin capsule
  • Successfully transferred eight products of which three are approved by the US FDA; the remaining five products are expected to receive US FDA approval within the next six months.
  • Implemented Manufacturing Execution System (MES) in processing facility, with integrated electronic batch record.
  • Installed packaging serialization and automated materials tracking system (GEM-MT).
  • Equipped the unit with laser-based, high-end inspection system for scanning tablets and capsules with 3D cameras, which can identify defects as low as 20 microns leading to a high level of automated quality controls.
  • Launched two products from the Singapore unit under the procurements administered by the Department of Veteran Affairs (VA) in the US, based on its eligibility as a designated country.
  • Initiated transfer of eight new products to be manufactured in the Singapore unit.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.96%
1 Week
-2.59%
1 Month
+0.21%
3 Month
-15.98%
6 Month
-9.28%
1 Year
+84.21%
2 Year
+124.79%
5 Year
-34.19%
9 years 2011-12 2012-12 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 17.77 42.16 3.36 0.09 5.25 16.53 27.00 14.74 5.34
Return on Capital Employed (%) 12.82 21.08 7.76 10.92 7.54 10.75 16.07 8.65 6.01
Return on Assets (%) 4.76 14.07 1.48 0.04 2.03 5.79 9.59 5.22 2.00

Balance Sheet View Details

Particulars 9 years 2011-12 Rs. Cr. 2012-12 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 1,371 2,026 1,007 1,145 2,658 2,749 2,464 2,649 2,527
Non Curr. Liab. 1,133 901 306 286 2,760 2,049 2,067 2,343 814
Curr. Liab. 2,792 1,797 707 1,020 1,892 3,104 1,899 2,662 2,545
Minority Int. 46 72 76 19 50 134 155 153 67
Equity & Liab. 5,342 4,796 2,096 2,469 7,360 8,035 6,585 7,807 5,953
Non Curr. Assets 3,711 3,384 788 1,040 3,845 4,243 4,101 4,758 3,581
Curr. Assets 1,625 1,411 1,309 1,429 3,515 3,792 2,484 3,049 2,372
Misc. Exp. not W/O 6 1
Total Assets 5,342 4,796 2,096 2,469 7,360 8,035 6,585 7,807 5,953

Profit Loss View Details

Particulars 9 years 2011-12 Rs. Cr. 2012-12 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 2,550 962 1,341 1,196 2,862 3,826 3,344 3,108 2,981
Other Income 32 34 60 39 102 398 921 323 67
Total Income 2,582 996 1,401 1,234 2,965 4,224 4,265 3,431 3,048
Total Expenditure -2,059 -861 -1,118 -967 -2,482 -3,309 -3,109 -2,812 -2,471
PBIDT 522 135 284 267 483 915 1,156 620 577
Interest -195 -79 -109 -47 -168 -183 -196 -79 -156
Depreciation -104 -31 -56 -64 -131 -199 -194 -172 -188
Taxation -39 -11 -41 -148 -42 -51 -21 -14 -18
Exceptional Items 49 700 -27 -7 -41 -36 -44 22 -78
PAT 234 713 51 1 100 446 701 376 138

Cash Flow View Details

Particulars 9 years 2011-12 Rs. Cr. 2012-12 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 457 134 -272 83 73 288 187 60 205
Cash Fr. Inv. -656 807 4,077 52 -2,225 -687 583 -148 1,306
Cash Fr. Finan. 89 -990 -3,319 -421 2,944 338 -1,016 194 -1,709
Net Change -110 -49 487 -286 792 -60 -246 106 -199
Cash & Cash Eqvt 212 132 586 298 1,111 515 256 366 182

Shareholding Pattern View Details

9 Qtrs 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%)
Promoter 31.24 31.24 31.28 31.28 31.27 29.71 29.69 29.69 29.67
Public 68.76 68.76 68.72 68.72 68.73 70.29 70.31 70.31 70.33
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 16.31 13.02 51.29 48.20 50.93 46.84 37.04 40.38 32.56

Announcements View Details

Wed, 21 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
033321
Name of the Signatory :- Manjula Ramamurthy
Designation :- Company Secretary and Compliance Officer
Wed, 21 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021 (Revised)
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
133331
Name of the Signatory :- Manjula Ramamurthy
Designation :- Company Secretary and Compliance Officer
Mon, 19 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement - Notice for transferring of equity shares to Investor Education and Protection Fund (IEPF)

Technical Scans View Details

Fri, 23 Jul 2021
Stock Underperforming Benchmark Index in both 1 Week and 3 Month Stock Underperforming Benchmark Index in both 1 Week and 3 Month
Stock Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Strongly Underperforming Benchmark index Strongly Underperforming Benchmark index
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index
Both SRS And ARS Below Zero Both SRS And ARS Below Zero

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