FUTURE STRIDES ARCOLAB Fundamental Reports

SHARE PRICE

Get to know the company overview of STAR - face value, book value, exchange symbol, 1 year & lifetime highs/lows, average volume, market cap, PE ratio, 1 month return, % promoter holding pledged before investing in STAR

Current Price (Rs.)	353.85
Face Value (Rs.)	10
Book Value (Rs.)	312.86
52 Week High (Rs.)	551.40 (22-Jan-19)
52 Week Low (Rs.)	288.00 (09-Oct-19)
Life Time high (Rs.)	1414.00 (23-Nov-15)
Life Time low (Rs.)	43.50 (25-Oct-01)

Exchange Symbol	STAR (NSE)
Average Daily Movement [ADM]	17.35
Average Volume [20 days](No. of shares)	1727545
Market Cap (Rs. in Cr)	3168.71 (Cr)
1 Month Return (%)	-1.14
P/E Ratio (x)	9.53
% of Promoter holding pledged	13.02

SHARE PRICE CHART

We recommend to use only Weekly and Monthly charts. Daily charts are also given which are used for exits.

We do not recommend daily/intraday minute hourly charts.

Why should you follow Weekly & Monthly levels - The major levels come from weekly and monthly charts which the FII, fund managers usually use for entry and profit booking.

STRIDES SHASUN, NSE, INDIA

FUTURE STRIDES ARCOLAB, NSE, INDIA

QUARTERLY RESULTS

Standalone Income Statement (in Cr.) Consolidated Income Statement (in Cr.)

	Jun-19	Mar-19	Dec-18	Sep-18	Jun-18	Mar-18
	Quarterly	Quarterly	Quarterly	Quarterly	Quarterly	Quarterly
Source Of Info (AR = Annual Report, PR = Press Release)
Net Sales/Income from operations
Other Operating Income
Total Income From Operations
Increase/Decrease in Stocks
Consumption of Raw Materials
Purchase of Traded Goods
Employees Cost
Depreciation
Other Expenses
Total Expenditure
Operating Profit
Other Income
P/L Before Int., Excpt. Items & Tax
Interest
P/L Before Exceptional Items & Tax
Exceptional Item
P/L Before Tax
Tax
P/L After Tax from Ordinary Activities
Extra Ordinary Items
PAT
Minority Interest
Share Of P/L Of Associates
Net Profit/(Loss) For the Period
Equity Share Capital
Reserves
Equity Dividend Rate (%)
EPS (Rs.) [After Extraordinary items]
EPS (Rs.) [Before Extraordinary items]

	Jun-19	Mar-19	Dec-18	Sep-18	Jun-18	Mar-18	Mar-19
	Quarterly	Quarterly	Quarterly	Quarterly	Quarterly	Quarterly	Annual
Source Of Info (AR = Annual Report, PR = Press Release)	--	--	--	--	--	--	--
Net Sales/Income from operations	685.80	616.18	794.50	732.63	472.69	664.15	2,943.79
Other Operating Income	--	--	--	--	--	--	67.89
Total Income From Operations	685.80	616.18	794.50	732.63	472.69	664.15	3,011.68
Increase/Decrease in Stocks	-31.54	-24.20	23.65	-71.60	-26.97	-37.47	-144.74
Consumption of Raw Materials	309.16	269.22	196.67	260.03	276.13	220.85	1,002.05
Purchase of Traded Goods	38.23	43.51	162.40	163.82	7.50	109.41	608.69
Employees Cost	97.13	83.26	106.02	118.75	77.38	105.35	442.58
Depreciation	42.89	29.65	40.67	44.49	29.01	44.34	171.85
Other Expenses	151.90	151.63	178.67	162.03	94.14	179.49	648.34
Total Expenditure	607.77	553.07	708.08	677.52	457.19	621.97	2,728.78
Operating Profit	78.03	63.11	86.42	55.11	15.50	42.18	282.90
Other Income	10.25	16.58	0.83	7.73	4.76	21.80	45.43
P/L Before Int., Excpt. Items & Tax	88.28	79.69	87.25	62.84	20.26	63.98	328.33
Interest	35.34	23.36	50.09	48.48	16.75	45.47	205.34
P/L Before Exceptional Items & Tax	52.94	56.33	37.16	14.36	3.51	18.51	122.99
Exceptional Item	-6.65	15.94	0.74	-7.39	-2.95	-21.65	-2.62
P/L Before Tax	46.29	72.27	37.90	6.97	0.56	-3.14	120.38
Tax	3.12	-7.55	6.33	1.61	-13.53	-3.95	13.12
P/L After Tax from Ordinary Activities	43.17	79.82	31.57	5.36	14.09	0.81	107.25
Extra Ordinary Items	-22.45	-14.80	271.82	-1.76	-9.68	581.11	270.94
PAT	20.72	65.02	303.39	3.60	4.41	581.92	378.19
Minority Interest	0.79	2.81	-3.01	-3.31	-1.75	-8.88	-5.26
Share Of P/L Of Associates	-17.81	-20.32	-6.96	-12.30	-6.97	-5.21	-48.32
Net Profit/(Loss) For the Period	3.70	47.51	293.42	-12.01	-4.31	567.83	324.62
Equity Share Capital	89.55	89.55	89.55	89.55	89.55	89.50	89.55
Reserves	--	--	--	--	--	--	2,559.15
Equity Dividend Rate (%)	--	--	--	--	--	--	--
EPS (Rs.) [After Extraordinary items]	0.41	5.31	32.77	-1.34	-0.48	63.45	36.25
EPS (Rs.) [Before Extraordinary items]	0.41	5.31	32.77	-1.34	-0.48	63.45	36.24

RATIO ANALYSIS

Among all the ratios these are the most important ratios to look before investing in a company.
Get the latest key Financial Ratios and the Ratio Analysis of to gauge the overall financial health of a company before investing.

Name	Ratio	Good/Not Good	Description
Current Ratio (x)	1.53	> 2 is Good, < 2 is Not Good	A liquidity ratio that measures a companys ability to pay short-term obligations. The higher the current ratio, the more capable the company is of paying its obligations.
Quick Ratio (x)	1.04	> 1 is Good, < 1 is Not Good	The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets
Dividend Yield (%)	0.84	> 1.5 is Good, < 1.5 is Not Good	A financial ratio that shows how much a company pays out in dividends each year relative to its share price. Dividend yield is calculated as annual dividends per share divided by market price per share.
Interest Coverage Ratio (x)	2.44	> 2 is Good, < 2 is Not Good (For Banks & NBFC this is not Valid)	It is used to determine how easily a company can pay interest on outstanding debt. It is calculated by dividing a companys EBIT by the interest expenses.
Debt Equity Ratio (x)	1.19	< 2 is Good, > 2 is Not Good (For Banks & NBFC this is not Valid)	A measure of a companys financial leverage calculated by dividing its total liabilities by stockholders equity. The debt/equity ratio also depends on the industry in which the company operates.
Return On Asset (%)	1.44	> 5% is Good, < 5% is Not Good	An indicator of how efficient management is at using its assets to generate earnings. Calculated by dividing a companys annual earnings by its total assets
Return On Equity (%)	12.25	> 18% is Good, < 18% is Not Good	Also called Return on networth, it measures a companys profitability by revealing how much profit a company generates with the money shareholders have invested, it is calculated by dividing the net profit after tax by shareholder's fund For high growth companies you should expect a higher ROE.

For investors interested in FUTURE STRIDES ARCOLAB find all important information on FUTURE STRIDES ARCOLAB share price, peer comparison and analysis.

DIVIDEND

Get a glimpse into the dividend history-payout amount of STAR, interim dividend and the latest dividend announcements by STAR in the last 5 years.

#	Announcement Date	Ex-Date	Amount	Interim/Final
1	29-Jul-2019	22-Aug-2019	12.00	Interim
2	10-May-2019	19-Jul-2019	3.00	Final
3	18-May-2018	12-Sep-2018	2.00	Final
4	18-May-2017	07-Sep-2017	4.50	Final
5	16-May-2016	21-Jul-2016	4.00	Final
6	22-May-2015	22-Jul-2015	3.00	Final
7	07-Oct-2014	16-Oct-2014	105.00	Special
8	23-May-2014	01-Sep-2014	5.00	Final
9	10-Dec-2013	19-Dec-2013	500.00	Special
10	28-Feb-2013	30-May-2013	2.00	Final
11	27-Feb-2012	14-May-2012	2.00	Final
12	24-Feb-2011	18-May-2011	1.50	Final
13	24-Feb-2010	21-May-2010	1.50	Final

PROMOTER SHAREHOLDING

Look up all relevant information on shareholding pattern of STAR, the change in shareholding as compared to last quarter, Promoters shareholding%, persons holding more than 1% shares of the company.

Shareholding Pattern	Sep-19	Jun-19	Mar-19	Dec-18	Sep-18
Promoter and Promoter Group (%)	31.28	31.24	31.24	30.79	30.79
Indian	31.28	31.24	31.24	30.79	30.79
Foreign	NIL	NIL	NIL	NIL	NIL
Institutions (%)	46.45	49.51	49.42	47.61	47.54
FII	25.27	25.25	25.23	21.96	22.05
DII	21.18	24.26	24.20	25.66	25.49
NonInstitutions (%)	22.27	19.25	19.34	21.60	21.68
Bodies Corporate	NIL	NIL	NIL	NIL	NIL
Others	22.27	19.25	19.34	21.60	21.68
Custodians	NIL	NIL	NIL	NIL	NIL
Total no. of shares (cr.)	8.95	8.95	8.95	8.95	8.95

PUBLIC SHAREHOLDING

Study of the shareholding pattern of a company is a very important part of fundamental analysis. The shareholding pattern is a determinant of the market capitalization of the stock and is an indicator of whether the stock valuation is justified or not. Know the Public shareholding % for the last quarter as announced by the company.

Persons holding securities more than 1% of total number of shares under category Public Shareholding.	Category	Dec-16	Jun-16	Mar-16	Dec-15	Mar-17
PRONOMZ VENTURES LLP	Promoters	14.17	NIL	NIL	NIL	14.16
SBI MAGNUM MULTIPLIER FUND	NonPromoters	NIL	NIL	NIL	NIL	6.51
SEQUENT SCIENTIFIC LIMITED	Promoters	3.71	3.71	3.71	3.71	3.70
DB INTERNATIONAL (ASIA) LTD	NonPromoters	4.59	6.65	NIL	NIL	3.65
MORGAN STANLEY MAURITIUS COMPANY LIMITED	NonPromoters	NIL	NIL	NIL	NIL	3.01
GOLDMAN SACHS (SINGAPORE) PTE.	NonPromoters	2.84	NIL	NIL	NIL	2.74
MORGAN STANLEY ASIA (SINGAPORE) PTE	NonPromoters	NIL	NIL	NIL	NIL	2.14
SHIVANAND SHANKAR MANKEKAR	NonPromoters	2.08	2.08	NIL	NIL	2.07
ABUSHA INVESTMENT AND MANAGEMENT SERVICES LLP	Promoters	NIL	NIL	NIL	NIL	1.99
ROUTE ONE OFFSHORE MASTER FUND L.P.	NonPromoters	1.86	1.55	NIL	NIL	1.87
SATPAL KHATTAR	NonPromoters	1.75	1.75	1.75	NIL	1.74
STEADVIEW CAPITAL MAURITIUS LIMITED	NonPromoters	1.64	1.64	1.64	NIL	1.73
ROUTE ONE FUND I, L.P.	NonPromoters	1.72	NIL	NIL	NIL	1.70
TATA BALANCE FUND	NonPromoters	NIL	NIL	NIL	NIL	1.62
K R RAVISHANKAR	Promoters	1.40	1.41	NIL	1.41	1.40
LAXMI SHIVANAND MANKEKAR	NonPromoters	1.30	NIL	1.30	NIL	1.30
APAX GLOBAL ALPHA LIMITED	NonPromoters	1.27	NIL	1.27	NIL	1.27
HDFC TRUSTEE COMPANY LTD - A/C HDFC MID - CAPOPPORTUNITIES FUND	NonPromoters	1.14	NIL	1.14	1.15	1.25
SBI LIFE INSURANCE CO. LTD	NonPromoters	1.22	NIL	NIL	NIL	1.21
SUNDARAM MUTUAL FUND A/C SUNDARAM SMILE MIDCAP	NonPromoters	NIL	NIL	NIL	NIL	1.16
SHASUN LEASING AND FINANCE (P) LIMITED	Promoters	1.62	NIL	1.62	1.62	1.07
SBI BLUE CHIP FUND	NonPromoters	5.94	NIL	NIL	NIL	NIL
MORGAN STANLEY ASIA (SINGAPORE) PTE.	NonPromoters	2.98	3.05	NIL	NIL	NIL
TATA DUAL ADVANTAGE FUND SERIS 2 SCHEME A	NonPromoters	1.63	NIL	NIL	NIL	NIL
ORBIMED ASIA MAURITIUS LIMITED	NonPromoters	1.31	1.59	2.30	NIL	NIL
SUNDARAM MUTUAL FUND A/C SUNDARAM SELECT MIDCAP	NonPromoters	1.16	NIL	NIL	NIL	NIL
DEVENDRA ESTATES PRIVATE LIMITED	Promoters	1.03	1.03	NIL	NIL	NIL
GOVERNMENT OF SINGAPORE	NonPromoters	NIL	1.11	NIL	NIL	NIL
VAN ECK FUNDS - EMERGING MARKETS FUND	NonPromoters	NIL	1.10	NIL	NIL	NIL
SUNDARAM MUTUAL FUND A/C SUNDARAM SMILE FUND	NonPromoters	NIL	1.00	1.06	NIL	NIL
GOLDMAN SACHS INDIA FUND LIMITED	NonPromoters	NIL	NIL	1.51	NIL	NIL
ABG CAPITAL	NonPromoters	NIL	NIL	1.10	NIL	NIL
SBI ARBITRAGE OPPORTUNITIES FUND	NonPromoters	NIL	NIL	NIL	3.11	NIL
NRI	NonPromoters	NIL	NIL	NIL	2.33	NIL
Shivanand Shankar Mankekar	NonPromoters	NIL	NIL	NIL	2.08	NIL
TATA YOUNG CITIZENS FUND	NonPromoters	NIL	NIL	NIL	1.68	NIL

COMPANY PROFILE

Study STAR management, company profile, ownership, management, Board of Directors and Organization Structure of STAR

COMPANY PROFILE OF FUTURE STRIDES ARCOLAB, NSE, INDIA
Date of Incorporation	28-Jun-1990
Date of Listing	02-Feb-2000
Management
Name	Designation
Arun Kumar	Chairman
Badree Komandur	Executive Director (Finance) & CFO
Bharat D Shah	Independent Director
Bharat Shah	Independent Director
Homi Rustam Khusrokhan	Independent Director
S Sridhar	Independent Director
Sangita Reddy	Independent Director
Shashank Sinha	Managing Director
Deepak Vaidya	Non Executive Director
Registered Office Address
201, Devavrata,Sector 17, Vashi,, 400703, New Mumbai, Maharashtra, India,
Website
http://www.strides.com

PEERS PRICE COMPARISION

#	Company Name	Open	High	Low	Last Price	Prv Price
1	STRIDES SHASUN	888.10	898.55	873.80	883.00	883.00
2	MARKSANS PHARMA	45.50	46.20	44.75	45.25	45.25
3	SHILPA MEDICARE	659.50	663.90	645.25	656.85	656.85
4	PROCTER GAMBLE HEALTH	1015.50	1072.00	1015.50	1064.30	1064.30
5	OPTO CIRCUITS	6.95	7.00	6.90	6.95	6.95
6	ALEMBIC PHARMA	500.00	501.70	497.00	500.30	500.30
7	SYNGENE	495.10	503.65	491.00	493.95	493.95
8	IPCA	500.00	503.45	493.00	495.55	495.55
9	KOPRAN	71.30	72.00	70.50	70.90	70.90
10	RPG LIFE	387.55	405.00	387.55	396.80	396.80
11	CAPLIN POINT	700.40	707.50	690.20	697.90	697.90
12	NECTAR LIFESCIENCES	27.65	27.65	26.95	27.20	27.20
13	SPARC	370.40	374.80	365.50	367.85	367.85
14	FDC	183.10	188.10	183.10	186.75	186.75
15	JB CHEMICALS	280.25	283.15	275.00	275.90	275.90
16	PFIZER	1728.80	1730.05	1711.00	1717.15	1717.15
17	BROOKS LAB	107.00	112.50	107.00	108.80	108.80
18	VIMTA LABS	128.40	130.40	128.40	129.00	129.00
19	MOREPEN LAB	16.75	17.00	16.50	16.60	16.60
20	SANOFI INDIA	4208.95	4230.00	4200.00	4213.30	4213.30
21	DISHMAN	288.20	304.20	278.00	301.20	301.20
22	NATCO PHARMA	995.95	995.95	983.00	986.70	986.70
23	ALKEM LABORATORIES	1841.00	1843.00	1821.00	1825.00	1825.00
24	SUVEN	222.05	230.40	218.10	221.15	221.15
25	GLAXO PHARMA	2464.00	2474.00	2436.30	2451.80	2451.80
26	JUBILANT	657.60	662.85	641.60	643.70	643.70
27	PIRAMAL ENTERPRISES	2746.00	2774.90	2725.25	2761.50	2761.50
28	BLISS GVS	175.00	178.90	168.60	176.85	176.85
29	VENUS REMEDIES	104.05	104.15	103.00	103.50	103.50