Discover and read the best of Twitter Threads about #stridespharma

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#StridesPharma Sciences Q3 FY22 concall highlights ๐Ÿ’Š๐Ÿ’Š

1. Revenues for the quarter stood at โ‚น796 Cr (5% decline YoY).

2. Gross margins decline by 840 bps YoY.
3. Gross margin compression is due to product mix and they had inventory of increased RM prices which were adjusted to the lower realizations they received.
4. They are seeing an uptick in opportunities in the regulated markets and are expecting to see a sequential recovery from here. They believe that some of the products that they let go due to increased competition is playing in their favor.
Read 15 tweets
Now that results are out, lets understand what happened with #StridesPharma and where do we go from here ๐Ÿงต๐Ÿ‘‡๐Ÿผ
Strides today reported a 24% YoY / 12% QoQ decline in revenue and reduction in Gross Margins to 49.5% (first time ever in last 12 quarters)

The company also reported a first ever Op. Loss in its entire history.
The only market that did perform was Africa, which reported a 4% QoQ growth. Everything else was a washout.
Read 28 tweets
1 new chart everyday, it could be from any space ~ equities / commodities / crypto / forex / bonds , etc

Will try to do it daily ๐Ÿ™๐Ÿ’ช

Here's the first one ๐Ÿ‘‡

SBI vs BankNifty

Ratio chart has given monthly breakout implying SBI could outperform BN in coming months.

#PB365 Image
(2) #DLF monthly chart

#PB365 Image
(3) #VodafoneIdea weekly chart

#PB365 Image
Read 160 tweets

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