Fredun Pharmaceuticals - A good microcap with great potential?

[raj1968]

Another excellent quarter from Fredun pharma.

Balance sheet has also getting better with receivables going down and capital infusion(post the quarter end).

Management is walking the talk.

Regards,
Raj

Disc: Invested

[navneetsinghvi]

@AnkitGadia

organized pet care market.

there is a similar company in this space - sequent. not sure if they both will be competitors ?

[AnkitGadia]

Sequent scientific is towards cattle and poultry healthcare.
Fredun Pharma addresses pet care also together with cattle and poultry.
In addition, with the recent acquisition of One Pet Care, they have now entered Pet Grooming business. This makes the proposition even more interesting.

[AnkitGadia]

Waiting for the outcome from its investors concall .
Management gave a healthy long term growth plan in the last investors call.
Refer the screenshot from last investor’s meet.