Strides Pharma Scien
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Strides Pharma Science said on June 27, 2026, that a consortium led by Ascent Capital, along with co‑investor Vintage Classic, will invest in its wholly owned subsidiary Pivot Path Private Limited, a carve‑out from Strides' Global Capability Centre. The transaction values Pivot Path at approximately £2,300 million on a post‑money basis. Strides will realise around £1,000 million while retaining a roughly 20% ownership stake, and the deal includes a primary capital infusion of £500 million to fuel Pivot Path's independent growth. Pivot Path, which was formally separated via an NCLT‑approved Scheme of Arrangement in May 2026, generated revenue of £1,447 million and EBITDA of £169 million in FY26. It offers life sciences consulting, digital transformation, quality and compliance, and AI‑enabled operational services to pharmaceutical clients. Strides' board approved the transaction at a meeting that concluded at 15:50 IST.
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Strides Pharma Science said on June 27, 2026, that a consortium led by Ascent Capital, along with co‑investor Vintage Classic, will invest in its wholly owned subsidiary Pivot Path Private Limited, a carve‑out from Strides' Global Capability Centre. The transaction values Pivot Path at approximately £2,300 million on a post‑money basis. Strides will realise around £1,000 million while retaining a roughly 20% ownership stake, and the deal includes a primary capital infusion of £500 million to fuel Pivot Path's independent growth. Pivot Path, which was formally separated via an NCLT‑approved Scheme of Arrangement in May 2026, generated revenue of £1,447 million and EBITDA of £169 million in FY26. It offers life sciences consulting, digital transformation, quality and compliance, and AI‑enabled operational services to pharmaceutical clients. Strides' board approved the transaction at a meeting that concluded at 15:50 IST.
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May 18 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE MARCH-QUARTER CONSOL NET PROFIT 1.27 BILLION RUPEES
STRIDES PHARMA SCIENCE MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 13.23 BILLION RUPEES
STRIDES PHARMA SCIENCE LTD - RECOMMENDS FINAL DIVIDEND OF 5 RUPEES PER SHARE FOR FY2026
Source text: ID:nnAZN4SWWQY
Further company coverage: SRID.NS
(([email protected];))
May 18 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE MARCH-QUARTER CONSOL NET PROFIT 1.27 BILLION RUPEES
STRIDES PHARMA SCIENCE MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 13.23 BILLION RUPEES
STRIDES PHARMA SCIENCE LTD - RECOMMENDS FINAL DIVIDEND OF 5 RUPEES PER SHARE FOR FY2026
Source text: ID:nnAZN4SWWQY
Further company coverage: SRID.NS
(([email protected];))
March 17 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE LTD - ENTERS AGREEMENT TO BUY AND IN-LICENSE GENERIC BRANDS FROM SANDOZ IN AFRICA
STRIDES PHARMA SCIENCE LTD - INITIAL CONSIDERATION FOR TRANSACTION IS US$ 12 MILLION
STRIDES PHARMA SCIENCE LTD - DEAL EXPECTED TO CLOSE BY END OF Q2 FY27 PENDING REGULATORY APPROVALS
Source text: ID:nBSE8gPcSB
Further company coverage: SRID.NS
(([email protected];))
March 17 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE LTD - ENTERS AGREEMENT TO BUY AND IN-LICENSE GENERIC BRANDS FROM SANDOZ IN AFRICA
STRIDES PHARMA SCIENCE LTD - INITIAL CONSIDERATION FOR TRANSACTION IS US$ 12 MILLION
STRIDES PHARMA SCIENCE LTD - DEAL EXPECTED TO CLOSE BY END OF Q2 FY27 PENDING REGULATORY APPROVALS
Source text: ID:nBSE8gPcSB
Further company coverage: SRID.NS
(([email protected];))
Feb 5 (Reuters) - Strides Pharma Science Ltd SRID.NS:
UNIT GETS USFDA EIR REPORT FOR FORMULATIONS FACILITY AT CHESTNUT RIDGE
Further company coverage: SRID.NS
(([email protected];;))
Feb 5 (Reuters) - Strides Pharma Science Ltd SRID.NS:
UNIT GETS USFDA EIR REPORT FOR FORMULATIONS FACILITY AT CHESTNUT RIDGE
Further company coverage: SRID.NS
(([email protected];;))
Jan 30 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE LTD - DEC-QUARTER CONSOL NET PROFIT 2.02 BILLION RUPEES
STRIDES PHARMA SCIENCE LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 11.95 BILLION RUPEES
Further company coverage: SRID.NS
(([email protected];))
Jan 30 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE LTD - DEC-QUARTER CONSOL NET PROFIT 2.02 BILLION RUPEES
STRIDES PHARMA SCIENCE LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 11.95 BILLION RUPEES
Further company coverage: SRID.NS
(([email protected];))
Oct 31 (Reuters) - Strides Pharma Science Ltd SRID.NS:
SEPT-QUARTER CONSOL NET PROFIT 1.28 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 12.21 BILLION RUPEES
Source text: [ID:]
Further company coverage: SRID.NS
(([email protected];;))
Oct 31 (Reuters) - Strides Pharma Science Ltd SRID.NS:
SEPT-QUARTER CONSOL NET PROFIT 1.28 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 12.21 BILLION RUPEES
Source text: [ID:]
Further company coverage: SRID.NS
(([email protected];;))
June 16 (Reuters) - Strides Pharma Science Ltd SRID.NS:
UNIT TO DIVEST 100% STAKE IN STRIDES CIS LIMITED
Source text: ID:nBSE8QfTWN
Further company coverage: SRID.NS
(([email protected];;))
June 16 (Reuters) - Strides Pharma Science Ltd SRID.NS:
UNIT TO DIVEST 100% STAKE IN STRIDES CIS LIMITED
Source text: ID:nBSE8QfTWN
Further company coverage: SRID.NS
(([email protected];;))
** Shares of Strides Pharma Science SRID.NS rise 2.4% to 709 rupees
** Co's Q4 consolidated net profit jumps nearly five-fold Y/Y to 856.2 mln rupees ($10 mln), revenue rose ~14%
** SRID says it beat its forecast on all key metrics, including revenue, EBITDA
** Adds, growth led by US business growth, up 21.8% Y/Y and new launches
** Stock up ~5.5% YTD, eyes extending rally for a fourth session
($1 = 85.9340 Indian rupees)
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
** Shares of Strides Pharma Science SRID.NS rise 2.4% to 709 rupees
** Co's Q4 consolidated net profit jumps nearly five-fold Y/Y to 856.2 mln rupees ($10 mln), revenue rose ~14%
** SRID says it beat its forecast on all key metrics, including revenue, EBITDA
** Adds, growth led by US business growth, up 21.8% Y/Y and new launches
** Stock up ~5.5% YTD, eyes extending rally for a fourth session
($1 = 85.9340 Indian rupees)
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
March 19 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE - CO, ARCO LAB APPROVE DEMERGER OF IDENTIFIED BUSINESS OF ARCO LAB
Source text: ID:nNSEbkyWGB
Further company coverage: SRID.NS
(([email protected];))
March 19 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE - CO, ARCO LAB APPROVE DEMERGER OF IDENTIFIED BUSINESS OF ARCO LAB
Source text: ID:nNSEbkyWGB
Further company coverage: SRID.NS
(([email protected];))
March 14 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE LTD - UNIT PROPOSED TO ACQUIRE 100% STAKE IN AMEXEL PTE. LTD.
STRIDES PHARMA SCIENCE LTD - UNIT PROPOSES TO CREATE BUSINESS PLATFORM IN SOUTHEAST ASIA
Source text: ID:nBSE5Grkf4
Further company coverage: SRID.NS
(([email protected];))
March 14 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE LTD - UNIT PROPOSED TO ACQUIRE 100% STAKE IN AMEXEL PTE. LTD.
STRIDES PHARMA SCIENCE LTD - UNIT PROPOSES TO CREATE BUSINESS PLATFORM IN SOUTHEAST ASIA
Source text: ID:nBSE5Grkf4
Further company coverage: SRID.NS
(([email protected];))
Jan 30 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE DEC-QUARTER CONSOL NET PROFIT 879.5 MILLION RUPEES
STRIDES PHARMA SCIENCE DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 11.54 BILLION RUPEES
Source text: ID:nBSE6pp5YM
Further company coverage: SRID.NS
(([email protected];))
Jan 30 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE DEC-QUARTER CONSOL NET PROFIT 879.5 MILLION RUPEES
STRIDES PHARMA SCIENCE DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 11.54 BILLION RUPEES
Source text: ID:nBSE6pp5YM
Further company coverage: SRID.NS
(([email protected];))
Jan 20 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE LTD - RECEIVES USFDA APPROVAL FOR ACETAMINOPHEN AND IBUPROFEN TABLETS
STRIDES PHARMA SCIENCE LTD - APPROVAL WILL ENHANCE STRIDES' OTC PRODUCT PORTFOLIO
Source text: ID:nBSEbPMJqh
Further company coverage: SRID.NS
(([email protected];;))
Jan 20 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE LTD - RECEIVES USFDA APPROVAL FOR ACETAMINOPHEN AND IBUPROFEN TABLETS
STRIDES PHARMA SCIENCE LTD - APPROVAL WILL ENHANCE STRIDES' OTC PRODUCT PORTFOLIO
Source text: ID:nBSEbPMJqh
Further company coverage: SRID.NS
(([email protected];;))
Nov 19 (Reuters) - Strides Pharma Science Ltd SRID.NS:
RECEIPT OF NCLT APPROVAL FOR CREATION OF ONESOURCE
FOLLOWING APPROVAL, ONESOURCE WILL ADVANCE TOWARDS LISTING ITS SHARES
Source text: ID:nNSE69gFWY
Further company coverage: SRID.NS
(([email protected];;))
Nov 19 (Reuters) - Strides Pharma Science Ltd SRID.NS:
RECEIPT OF NCLT APPROVAL FOR CREATION OF ONESOURCE
FOLLOWING APPROVAL, ONESOURCE WILL ADVANCE TOWARDS LISTING ITS SHARES
Source text: ID:nNSE69gFWY
Further company coverage: SRID.NS
(([email protected];;))
Oct 25 (Reuters) - Strides Pharma Science Ltd SRID.NS:
UNIT SPG ACQUIRES REMAINING STAKE IN STRIDES SWITZERLAND FOR CHF 1.01 MILLION
Source text for Eikon: ID:nBSE3YQjWM
Further company coverage: SRID.NS
(([email protected];))
Oct 25 (Reuters) - Strides Pharma Science Ltd SRID.NS:
UNIT SPG ACQUIRES REMAINING STAKE IN STRIDES SWITZERLAND FOR CHF 1.01 MILLION
Source text for Eikon: ID:nBSE3YQjWM
Further company coverage: SRID.NS
(([email protected];))
** Shares of Strides Pharma Science SRID.NS rise 2.5% to 1,599.5 rupees
** The pharma co posted a consolidated net profit of 932.3 mln rupees ($11 mln) vs a loss of 1.31 bln rupees a year ago
** Rev from ops rose 20% Y/Y
** More than 385,000 shares change hands, 1.1x its 30 day avg
** Stock has surged over two-fold so far this year
($1 = 84.0510 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Strides Pharma Science SRID.NS rise 2.5% to 1,599.5 rupees
** The pharma co posted a consolidated net profit of 932.3 mln rupees ($11 mln) vs a loss of 1.31 bln rupees a year ago
** Rev from ops rose 20% Y/Y
** More than 385,000 shares change hands, 1.1x its 30 day avg
** Stock has surged over two-fold so far this year
($1 = 84.0510 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Oct 16 (Reuters) - Strides Pharma Science Ltd SRID.NS:
ONESOURCE RECEIVES EQUITY COMMITMENTS OF 8.01 BILLION RUPEES
COMMITMENTS FROM MARQUEE INVESTORS AT PRE-MONEY EQUITY VALUATION OF $1.65 BILLION
Source text for Eikon: ID:nBSE7MJ6X7
Further company coverage: SRID.NS
(([email protected];;))
Oct 16 (Reuters) - Strides Pharma Science Ltd SRID.NS:
ONESOURCE RECEIVES EQUITY COMMITMENTS OF 8.01 BILLION RUPEES
COMMITMENTS FROM MARQUEE INVESTORS AT PRE-MONEY EQUITY VALUATION OF $1.65 BILLION
Source text for Eikon: ID:nBSE7MJ6X7
Further company coverage: SRID.NS
(([email protected];;))
Sept 17 (Reuters) - Strides Pharma Science Ltd SRID.NS:
RBI HAS LEVIED COMPOUNDING AMOUNT OF 15.1 MILLION RUPEES ON COMPANY
ORDER IN MATTER OF GRANT OF STOCK OPTONS TO NONRESIDENT EMPLOYEE
Further company coverage: SRID.NS
(([email protected];))
Sept 17 (Reuters) - Strides Pharma Science Ltd SRID.NS:
RBI HAS LEVIED COMPOUNDING AMOUNT OF 15.1 MILLION RUPEES ON COMPANY
ORDER IN MATTER OF GRANT OF STOCK OPTONS TO NONRESIDENT EMPLOYEE
Further company coverage: SRID.NS
(([email protected];))
Sept 16 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE LTD - RECEIVES USFDA APPROVAL FOR FLUOXETINE TABS 60 MG
Source text for Eikon: ID:nBSEf6hKM
Further company coverage: SRID.NS
(([email protected];))
Sept 16 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE LTD - RECEIVES USFDA APPROVAL FOR FLUOXETINE TABS 60 MG
Source text for Eikon: ID:nBSEf6hKM
Further company coverage: SRID.NS
(([email protected];))
Sept 6 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE LTD - GETS USFDA APPROVAL FOR THEOPHYLLINE EXTENDED-RELEASE TABLET
Source text for Eikon: ID:nBSE3w42Yc
Further company coverage: SRID.NS
(([email protected];))
Sept 6 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE LTD - GETS USFDA APPROVAL FOR THEOPHYLLINE EXTENDED-RELEASE TABLET
Source text for Eikon: ID:nBSE3w42Yc
Further company coverage: SRID.NS
(([email protected];))
** Shares of Strides Pharma SRID.NS up 4% at record high of 1,020.75, highest since April 2017
** Co reported Q1 profit of 702 mln rupees vs 102.4 mln rupees year ago
** Stk up 57.4% YTD vs 28.4% gains in pharma index .NIPHARM
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** Shares of Strides Pharma SRID.NS up 4% at record high of 1,020.75, highest since April 2017
** Co reported Q1 profit of 702 mln rupees vs 102.4 mln rupees year ago
** Stk up 57.4% YTD vs 28.4% gains in pharma index .NIPHARM
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
May 22 (Reuters) - Strides Pharma Science Ltd SRID.NS:
RECEIVES USFDA APPROVAL FOR SUCRALFATE ORAL SUSPENSION, 1GM/10ML
CO HAS SET TARGET TO LAUNCH ABOUT 60 NEW PRODUCTS OVER THREE YEARS IN US
Source text for Eikon: ID:nBSEkpNnl
Further company coverage: SRID.NS
(([email protected];))
May 22 (Reuters) - Strides Pharma Science Ltd SRID.NS:
RECEIVES USFDA APPROVAL FOR SUCRALFATE ORAL SUSPENSION, 1GM/10ML
CO HAS SET TARGET TO LAUNCH ABOUT 60 NEW PRODUCTS OVER THREE YEARS IN US
Source text for Eikon: ID:nBSEkpNnl
Further company coverage: SRID.NS
(([email protected];))
** Shares of Strides Pharma Science SRID.NS are up around 2%
** SRID gets US FDA approval for Sevelamer Carbonate tablets, used to manage elevated phosphate levels in blood of patients with chronic kidney disease
** Stock is set to post its worst week since early Jan, down 4% for the week
** SRID up 31% YTD vs a 11% rise in Nifty Pharma Index .NIPHARM
(Reporting by Nishit Navin)
(([email protected];))
** Shares of Strides Pharma Science SRID.NS are up around 2%
** SRID gets US FDA approval for Sevelamer Carbonate tablets, used to manage elevated phosphate levels in blood of patients with chronic kidney disease
** Stock is set to post its worst week since early Jan, down 4% for the week
** SRID up 31% YTD vs a 11% rise in Nifty Pharma Index .NIPHARM
(Reporting by Nishit Navin)
(([email protected];))
April 9 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES RECEIVES USFDA APPROVAL FOR FLUOXETINE TABS 10 MG AND 20 MG
Source text for Eikon: ID:nBSE6GNL4V
Further company coverage: SRID.NS
(([email protected];))
April 9 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES RECEIVES USFDA APPROVAL FOR FLUOXETINE TABS 10 MG AND 20 MG
Source text for Eikon: ID:nBSE6GNL4V
Further company coverage: SRID.NS
(([email protected];))
March 29 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE LTD - PROPOSES TO CONSOLIDATE GROUP'S SOUTH AFRICAN BUSINESS UNDER TRINITY PHARMA (PROPRIETARY) LIMITED, SOUTH AFRICA
Source text for Eikon: ID:nBSE15mLyg
Further company coverage: SRID.NS
(([email protected];;))
March 29 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE LTD - PROPOSES TO CONSOLIDATE GROUP'S SOUTH AFRICAN BUSINESS UNDER TRINITY PHARMA (PROPRIETARY) LIMITED, SOUTH AFRICA
Source text for Eikon: ID:nBSE15mLyg
Further company coverage: SRID.NS
(([email protected];;))
March 28 (Reuters) - Strides Pharma Science Ltd SRID.NS:
CORPORATE INSOLVENCY RESOLUTION PROCESS AGAINST STRIDES ALATHUR STANDS STAYED BY APPELLATE TRIBUNAL
Source text for Eikon: ID:nBSE7qH1Gm
Further company coverage: SRID.NS
(([email protected];))
March 28 (Reuters) - Strides Pharma Science Ltd SRID.NS:
CORPORATE INSOLVENCY RESOLUTION PROCESS AGAINST STRIDES ALATHUR STANDS STAYED BY APPELLATE TRIBUNAL
Source text for Eikon: ID:nBSE7qH1Gm
Further company coverage: SRID.NS
(([email protected];))
** Shares of Strides Pharma Science SRID.NS up 2.3%
** Stock roses as much as 4.8% to day's high of 834.6 rupees
** Pharmaceutical co's unit received U.S. FDA approval for Gabapentin Tablets USP, 600 mg and 800 mg
** It is a commonly used medication for the treatment of neuropathic pain caused by diabetic neuropathy, postherpetic neuralgia, and central pain
** The product is bioequivalent to the reference-listed drug Neurontin Tablets, 600 mg and 800 mg, from Viatris Specialty LLC, co added
** The drug will be manufactured at Strides' Puducherry facility
** Stock is up 25.4% so far this year; after rising 85.6% in 2023
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Strides Pharma Science SRID.NS up 2.3%
** Stock roses as much as 4.8% to day's high of 834.6 rupees
** Pharmaceutical co's unit received U.S. FDA approval for Gabapentin Tablets USP, 600 mg and 800 mg
** It is a commonly used medication for the treatment of neuropathic pain caused by diabetic neuropathy, postherpetic neuralgia, and central pain
** The product is bioequivalent to the reference-listed drug Neurontin Tablets, 600 mg and 800 mg, from Viatris Specialty LLC, co added
** The drug will be manufactured at Strides' Puducherry facility
** Stock is up 25.4% so far this year; after rising 85.6% in 2023
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Strides Pharma Science SRID.NS up 3.4%, easing from a jump of as much as 6.2% after Q3 results
** The pharma company reported a Q3 profit vs a year-ago loss, aided by high revenue from U.S. ops
** Stock has been trading above its 100-, 200- day simple moving average since April 2023
** Stock now up just over 8% YTD; its soared ~86% in 2023 after two years of losses
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Strides Pharma Science SRID.NS up 3.4%, easing from a jump of as much as 6.2% after Q3 results
** The pharma company reported a Q3 profit vs a year-ago loss, aided by high revenue from U.S. ops
** Stock has been trading above its 100-, 200- day simple moving average since April 2023
** Stock now up just over 8% YTD; its soared ~86% in 2023 after two years of losses
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Jan 11 (Reuters) - Strides Pharma Science Ltd SRID.NS:
UNIT ENTERED INTO A SHARE PURCHASE AGREEMENT FOR DIVESTMENT OF 100% SHAREHOLDING IN ERIS PHARMA GMBH, GERMANY
DEAL FOR EURO 200,000
Source text for Eikon: ID:nBSE3vsMl7
Further company coverage: SRID.NS
(([email protected];))
Jan 11 (Reuters) - Strides Pharma Science Ltd SRID.NS:
UNIT ENTERED INTO A SHARE PURCHASE AGREEMENT FOR DIVESTMENT OF 100% SHAREHOLDING IN ERIS PHARMA GMBH, GERMANY
DEAL FOR EURO 200,000
Source text for Eikon: ID:nBSE3vsMl7
Further company coverage: SRID.NS
(([email protected];))
Jan 5 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE LTD - UNIT ACQUIRED ADDITIONAL STAKE IN NEVITON SOFTECH
Source text for Eikon: ID:nBSEb0zDJ7
Further company coverage: SRID.NS
(([email protected];;))
Jan 5 (Reuters) - Strides Pharma Science Ltd SRID.NS:
STRIDES PHARMA SCIENCE LTD - UNIT ACQUIRED ADDITIONAL STAKE IN NEVITON SOFTECH
Source text for Eikon: ID:nBSEb0zDJ7
Further company coverage: SRID.NS
(([email protected];;))
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Popular questions
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What does Strides Pharma Scien do?
Strides Pharma Science Limited is a global pharmaceutical company established in 1990, with headquarters in Bangalore, India. It operates in Regulated Markets and Emerging Markets, with a strong R&D facility and presence in 100 countries.
Who are the competitors of Strides Pharma Scien?
Strides Pharma Scien major competitors are Procter&Gamble Healt, Sanofi India, Viyash Scientific, Marksans Pharma, FDC, Bliss GVS Pharma, Orchid Pharma. Market Cap of Strides Pharma Scien is ₹9,792 Crs. While the median market cap of its peers are ₹7,770 Crs.
Is Strides Pharma Scien financially stable compared to its competitors?
Strides Pharma Scien seems to be less financially stable compared to its competitors. Altman Z score of Strides Pharma Scien is 3.25 and is ranked 7 out of its 8 competitors.
Does Strides Pharma Scien pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Strides Pharma Scien latest dividend payout ratio is 1.03% and 3yr average dividend payout ratio is 1.03%
How has Strides Pharma Scien allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory
How strong is Strides Pharma Scien balance sheet?
Balance sheet of Strides Pharma Scien is strong. But short term working capital might become an issue for this company.
Is the profitablity of Strides Pharma Scien improving?
The profit is oscillating. The profit of Strides Pharma Scien is ₹574 Crs for TTM, ₹3,593 Crs for Mar 2025 and -₹70.61 Crs for Mar 2024.
Is the debt of Strides Pharma Scien increasing or decreasing?
The net debt of Strides Pharma Scien is decreasing. Latest net debt of Strides Pharma Scien is ₹1,456 Crs as of Mar-26. This is less than Mar-25 when it was ₹1,538 Crs.
Is Strides Pharma Scien stock expensive?
Strides Pharma Scien is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Strides Pharma Scien is 17.6, while 3 year average PE is 8.13. Also latest EV/EBITDA of Strides Pharma Scien is 12.16 while 3yr average is 19.14.
Has the share price of Strides Pharma Scien grown faster than its competition?
Strides Pharma Scien has given lower returns compared to its competitors. Strides Pharma Scien has grown at ~-0.64% over the last 10yrs while peers have grown at a median rate of 17.16%
Is the promoter bullish about Strides Pharma Scien?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 27.91% and last quarter promoter holding is 27.86%.
Are mutual funds buying/selling Strides Pharma Scien?
The mutual fund holding of Strides Pharma Scien is decreasing. The current mutual fund holding in Strides Pharma Scien is 8.56% while previous quarter holding is 8.59%.