22 Sep 2026
Fredun Pharmaceuticals acquired 26 percent of pet pharmacy chain Goodman Vetcare at a 300 crore rupee valuation.
Goodman's revenue was 23.6 crore rupees in FY26, so the deal values it near 13 times sales against a target of about 100 crore rupees by FY31. The plan takes the chain from three stores to eleven.
08 Sep 2026
Fredun Pharmaceuticals acquired pet wellness brand Furlicks from USV and Wellbeing Nutrition, entering a new consumer category.
Furlicks sells oral strip formats across skin and coat, gut, joint, calming and oral care. Fredun plans 12 new products in the first phase and has not disclosed the consideration.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.