STAR
Strides Pharma Science Limited
Generic and institutional pharmaceutical company with life-sciences services
Healthcare›Healthcare›Pharmaceuticals & Biotechnology›Pharmaceuticals
strides.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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What you need to know
Strides makes generic medicines for the US and other regulated markets, and sells branded and over-the-counter (OTC) medicines in Europe, the UK, Africa and other markets.
Company snapshot
45thBy market cap
Ranked among 119 companies in Pharmaceuticals.
Segment mix
Reportable segments as of 2024-09-30 (Consolidated). Revenue share = segment revenue ÷ total revenue.
Largest segment: 100.0% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| Bio-pharmaceutical business | — | 0 Cr | -12 Cr | 159 Cr |
| Pharmaceutical business | 100.0% | 1,201 Cr | 209 Cr | 5,831 Cr |
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 999 Cr | 1,038 Cr | 1,084 Cr | 1,088 Cr | 1,201 Cr | 1,154 Cr | 1,190 Cr | 1,120 Cr | 1,221 Cr | 1,195 Cr | 1,323 Cr | 1,265 Cr |
| Operating expenses (approx.) | 846 Cr | 844 Cr | 854 Cr | 871 Cr | 965 Cr | 943 Cr | 973 Cr | 902 Cr | 989 Cr | 959 Cr | 1,084 Cr | 1,036 Cr |
| EBITDA | 153 Cr | 194 Cr | 230 Cr | 217 Cr | 236 Cr | 210 Cr | 218 Cr | 218 Cr | 232 Cr | 236 Cr | 240 Cr | 230 Cr |
| OPM % | 15.3% | 18.7% | 21.2% | 20.0% | 19.6% | 18.2% | 18.3% | 19.5% | 19.0% | 19.8% | 18.1% | 18.2% |
| Other income | 36 Cr | 9 Cr | -14 Cr | 13 Cr | 28 Cr | 6 Cr | 12 Cr | 9 Cr | 27 Cr | 107 Cr | 8 Cr | 5 Cr |
| Interest | 79 Cr | 79 Cr | 80 Cr | 80 Cr | 82 Cr | 52 Cr | 50 Cr | 47 Cr | 46 Cr | 43 Cr | 42 Cr | 41 Cr |
| Depreciation | 60 Cr | 51 Cr | 50 Cr | 49 Cr | 51 Cr | 48 Cr | 49 Cr | 49 Cr | 50 Cr | 51 Cr | 53 Cr | 56 Cr |
| Profit before tax | -157 Cr | 64 Cr | 30 Cr | 85 Cr | 115 Cr | 114 Cr | 106 Cr | 122 Cr | 153 Cr | 245 Cr | 148 Cr | 200 Cr |
| Tax % | 4.7% | 15.7% | 64.8% | 19.8% | 18.5% | 20.9% | 19.5% | 13.5% | 14.1% | 15.2% | 12.7% | 17.1% |
| Net profit | -149 Cr | 54 Cr | 10 Cr | 68 Cr | 94 Cr | 90 Cr | 86 Cr | 106 Cr | 132 Cr | 208 Cr | 129 Cr | 165 Cr |
| EPS (₹) | ₹-14.54 | ₹5.43 | ₹1.98 | ₹7.64 | ₹10.14 | ₹9.56 | ₹8.92 | ₹10.81 | ₹13.84 | ₹21.93 | ₹13.77 | ₹17.02 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,755 Cr | 2,839 Cr | 3,012 Cr | 2,752 Cr | 3,316 Cr | 3,070 Cr | 3,688 Cr | 4,051 Cr | 4,565 Cr | 4,859 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 2,228 Cr | 2,443 Cr | 2,557 Cr | 2,236 Cr | 2,681 Cr | 3,090 Cr | 3,258 Cr | 3,308 Cr | 3,763 Cr | 3,933 Cr | Sign in free for the trailing twelve months |
| EBITDA | 527 Cr | 397 Cr | 455 Cr | 516 Cr | 635 Cr | -20 Cr | 430 Cr | 743 Cr | 803 Cr | 925 Cr | Sign in free for the trailing twelve months |
| OPM % | 19.1% | 14.0% | 15.1% | 18.7% | 19.1% | -0.7% | 11.7% | 18.3% | 17.6% | 19.0% | Sign in free for the trailing twelve months |
| Other income | 161 Cr | 94 Cr | 45 Cr | 53 Cr | 51 Cr | 132 Cr | 90 Cr | 40 Cr | 59 Cr | 151 Cr | Sign in free for the trailing twelve months |
| Interest | 183 Cr | 196 Cr | 205 Cr | 156 Cr | 150 Cr | 177 Cr | 261 Cr | 314 Cr | 249 Cr | 179 Cr | Sign in free for the trailing twelve months |
| Depreciation | 126 Cr | 154 Cr | 172 Cr | 174 Cr | 206 Cr | 233 Cr | 243 Cr | 221 Cr | 192 Cr | 202 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 343 Cr | 706 Cr | 344 Cr | 49 Cr | 289 Cr | -653 Cr | -268 Cr | -63 Cr | 3,675 Cr | 669 Cr | Sign in free for the trailing twelve months |
| Tax % | 18.5% | 3.6% | 4.2% | 36.9% | 10.9% | 27.3% | 20.7% | -50.4% | 2.1% | 14.1% | Sign in free for the trailing twelve months |
| Net profit | 446 Cr | 680 Cr | 330 Cr | 31 Cr | 258 Cr | -474 Cr | -212 Cr | -94 Cr | 3,598 Cr | 575 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹44.73 | ₹73.81 | ₹36.25 | ₹4.06 | ₹29.96 | ₹-51.28 | ₹-22.49 | ₹-7.76 | ₹390.54 | ₹60.34 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 7.0% | — | — | — | 0.6% | 6.4% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 89 Cr | 90 Cr | 90 Cr | 90 Cr | 90 Cr | 90 Cr | 90 Cr | 92 Cr | 92 Cr | 92 Cr |
| Reserves | 2,659 Cr | 2,365 Cr | 2,559 Cr | 2,438 Cr | 2,687 Cr | 2,269 Cr | 2,122 Cr | 2,034 Cr | 2,460 Cr | 3,015 Cr |
| Borrowings | 3,032 Cr | 2,496 Cr | 3,146 Cr | 1,833 Cr | 1,906 Cr | 2,792 Cr | 2,774 Cr | 2,415 Cr | 1,796 Cr | 1,669 Cr |
| Other liabilities | 2,191 Cr | 1,439 Cr | 2,058 Cr | 1,724 Cr | 2,295 Cr | 1,801 Cr | 1,691 Cr | 1,354 Cr | 1,667 Cr | 2,109 Cr |
| Total liabilities | 8,105 Cr | 6,544 Cr | 8,006 Cr | 6,152 Cr | 7,015 Cr | 6,976 Cr | 6,638 Cr | 5,840 Cr | 6,049 Cr | 6,927 Cr |
| Fixed assets (net) | 978 Cr | 665 Cr | 1,037 Cr | 1,316 Cr | 1,272 Cr | 1,457 Cr | 1,324 Cr | 879 Cr | 881 Cr | 992 Cr |
| CWIP | 205 Cr | 322 Cr | 102 Cr | 148 Cr | 228 Cr | 56 Cr | 48 Cr | 80 Cr | 100 Cr | 161 Cr |
| Investments | 1,525 Cr | 588 Cr | 779 Cr | 622 Cr | 766 Cr | 554 Cr | 502 Cr | 315 Cr | 420 Cr | 292 Cr |
| Loans & advances | — | — | 54 Cr | 15 Cr | 4 Cr | 5 Cr | 8 Cr | 13 Cr | 10 Cr | 8 Cr |
| Inventories | 733 Cr | 552 Cr | 871 Cr | 783 Cr | 1,201 Cr | 1,174 Cr | 1,147 Cr | 1,126 Cr | 1,278 Cr | 1,635 Cr |
| Trade receivables | 996 Cr | 882 Cr | 987 Cr | 932 Cr | 1,107 Cr | 1,207 Cr | 1,299 Cr | 1,142 Cr | 1,203 Cr | 1,289 Cr |
| Cash & bank | 322 Cr | 256 Cr | 366 Cr | 182 Cr | 126 Cr | 171 Cr | 304 Cr | 161 Cr | 113 Cr | 189 Cr |
| Other assets | 3,347 Cr | 3,279 Cr | 3,809 Cr | 2,154 Cr | 2,312 Cr | 2,352 Cr | 2,006 Cr | 2,125 Cr | 2,044 Cr | 2,361 Cr |
| Total assets | 8,105 Cr | 6,544 Cr | 8,006 Cr | 6,152 Cr | 7,015 Cr | 6,976 Cr | 6,638 Cr | 5,840 Cr | 6,049 Cr | 6,927 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 288 Cr | 187 Cr | 60 Cr | 205 Cr | 481 Cr | -258 Cr | 44 Cr | 701 Cr | 684 Cr | 703 Cr |
| Cash from investing | -687 Cr | 583 Cr | -148 Cr | 1,306 Cr | -521 Cr | -119 Cr | 302 Cr | -150 Cr | -90 Cr | -173 Cr |
| Cash from financing | 338 Cr | -1,016 Cr | 194 Cr | -1,709 Cr | -16 Cr | 421 Cr | -214 Cr | -693 Cr | -643 Cr | -453 Cr |
| Net cash flow | -60 Cr | -246 Cr | 106 Cr | -199 Cr | -56 Cr | 45 Cr | 133 Cr | -142 Cr | -48 Cr | 76 Cr |
| Free cash flow (OCF − Capex) | -394 Cr | -216 Cr | -269 Cr | 55 Cr | 184 Cr | -401 Cr | -51 Cr | 583 Cr | 442 Cr | 280 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 8.9% | 17.7% | 9.2% | 4.6% | 9.3% | -9.2% | -0.1% | 5.6% | 89.5% | 17.6% |
| ROE % | 13.9% | 26.1% | 11.6% | 1.4% | 9.5% | -19.3% | -9.3% | -3.4% | 138.9% | 17.7% |
| Debtor days | 132 | 113 | 119 | 124 | 122 | 143 | 128 | 103 | 96 | 97 |
| Inventory days | 329 | 237 | 316 | 280 | 314 | 392 | 289 | 307 | 315 | 382 |
| Days payable | 348 | 306 | 325 | 285 | 309 | 358 | 248 | 232 | 255 | 306 |
| Cash conversion cycle | 113 | 44 | 111 | 118 | 127 | 177 | 170 | 178 | 156 | 172 |
| OCF / EBITDA % | 54.6% | 47.2% | 13.2% | 39.7% | 75.8% | — | 10.3% | 94.3% | 85.2% | 75.9% |
| OCF / EBITDA % (3 years) | — | — | 38.8% | 33.1% | 46.5% | 37.9% | 25.7% | 42.3% | 72.4% | 84.5% |
| Debt / equity | 1.10 | 1.02 | 1.19 | 0.73 | 0.69 | 1.18 | 1.28 | 1.17 | 0.70 | 0.54 |
| Current ratio | 1.22 | 1.31 | 1.13 | 0.93 | 1.03 | 0.99 | 1.05 | 1.03 | 1.20 | 1.25 |
| Net debt / EBITDA | 5.14 | — | 6.11 | 3.20 | 2.80 | — | 5.74 | 3.03 | 2.10 | 1.60 |