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Claris Lifesciences Stock Fundamental Analysis - Financial Results & Equity Research | Investyadnya Stock-o-Meter

Claris Lifesciences

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Highlights

Performing rate for the company

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Shareholders more than 1%

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Documents

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Overview

Claris lifescience initially started as Oracle Laboratories Limited in July 1994. They changed their name to Claris lifescience in 1999, and got themselves re-registered in Gujarat. The rapidly growing company chased the 1 billion turnover mark in 2002. With injectables as their forte, Claris lifescience limited has built a network across the world. They have approvals of various international regulators like US FDA, MHRA (UK), TGA (Australia), MCC (South Africa), ANVISA (Brasil), INVIMA (Colombia), and GCC FCDA. With their speciality in pharmaceuticals, Claris lifescience also work towards making the environment better by contributing to various social causes. They have also stepped up into the field of FMCG, and now they plan on investing in new businesses as well. They are listed in the national stock exchange and Bombay stock exchange.

MERGERS AND ACQUISITIONS

  • In 2012 Claris lifescience limited started a Joint Venture agreement with Japan-based companies Otsuka Pharmaceutical Factory, Inc. and Mitsui & Co. Ltd. for Infusion business in India and developing markets, forming JV company- Claris Otsuka.
  • In 2014 they scraped out a completely-owned subsidiary, Claris Injectables Ltd. The subsidary intending to bring focus on the speciality injectables business.
  • Claris USA subsidiary joined hands with Pfizer Asia Contract Operations Pte. Ltd. and entered into a business arrangement for retailing and supply of particular sterile injectables in several controlled markets.
  • In 1999 Nova Lifesciences Limited was amalgamated with Claris lifescience.

SERVICES

Claris lifescience limited deals in 

  • Pharmaceuticals
  • Injectables including specific sterile and generic ones
  • Hospital care products

They have recently become a financial management company that aims to provide a platform and investment to budding entrepreneurs. Apart from doing their mainstream work, Claris support and encourage various social causes. They direct on building possibilities in the sports and fitness sector, building ecosystems for business and entrepreneurship, and directing the limelight on art & culture.

MILESTONES

  • Deliberately de-listed equity shares of the company from the Bombay Stock Exchange in 2018.
  • Listed in Fortune India- The Next 500 in 2017 & 2016.
  • They began a definitive agreement with Baxter International Inc., USA, for the sale of global generic injectables business for USD 625 million and achieved a sale of global generic injectables business to them in 2017.
  • In 2010 the organisation made a debut at the Bombay Stock Exchange and launched its IPO.

AWARDS AND RECOGNITIONS

2017- Claris lifescience was awarded the best Indian company to work for by ECONOMIC TIMES.

In 2017 Claris Lifescience was awarded one of the best companies in the Healthcare Industry for the 8th year in a row.

MedAssests rewarded Claris Lifescience with a gold award in 2015.

Claris has earned the ‘Silver Award’ in the 13th Annual Greentech Safety Awards* 2014 in the Pharmaceutical sector for exceptional performance in Safety Management.

Received Gold Award in India Manufacturing Excellence Awards from Frost & Sullivan

Claris has for the 4th time seized the IDMA Quality Excellence Award in 2009, in the section of formulations unit for annual turnover above Rs. 100 crores

 

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Brands Of Claris Lifesciences

Brands Of Claris Lifesciences

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