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← CockpitCompetitor Analysis › ALIVUS.NS Alivus Life Sciences LtdOpen in the cockpit ↗

Alivus Life Sciences LtdALIVUS.NSCompetitor analysis, valuation and peers

India · INR·Pharma & Healthcare›Pharmaceuticals: Major

Manufactures active pharmaceutical ingredients and formulations for regulated markets, demerged from Strides Pharma Science.

≈ A regulated-market API/formulations exporterMomentum leader 89
Mkt cap
$1.92B
US dollars, full cap
Free float
25%
of shares outstanding
$/day
$4.53M
20-day average traded
Fwd P/E
24.4×
forward earnings
ROIC−WACC
+10.8 pp
WACC 12.7%
Hurdle
+14 pp
Req g minus delivered
Next earnings
83 days
28 Jan 2027
Close · INR₹1,481
1D-1.1%
1W+4.6%
1M+8.1%
3M+11.7%
6M+32.1%
YTD+61.5%
1Y+63.1%
ATR %4.5%
Beta0.55
52w lowhigh4.2% off high

What Alivus Life Sciences does

Manufactures active pharmaceutical ingredients and formulations for regulated markets, demerged from Strides Pharma Science.

In one line: A regulated-market API/formulations exporter.

Products and services

  • Regulated market formulations
  • APIs
  • Institutional/tender supply

Customers

  • Regulated market distributors (US, EU, Australia)
  • Institutional/tender buyers (UN, Global Fund)

Where it sits in the supply chain

  • API/formulation manufacturing
  • Regulatory filings (US/EU)
  • Institutional & regulated market sales

What could go right

  • Regulated market generics growth
  • Institutional tender wins

What could go wrong

  • Post-demerger scale/standalone risk
  • Regulatory inspection risk

Moat: narrow (regulatory licence). US FDA/EU-approved manufacturing plants support long-term regulated market supply contracts.

Headquarters: Bengaluru, India · Employees: 3,950

Named competitors

Alivus Life Sciences at a glance

Size Alivus Life Sciences (ALIVUS.NS) is an India Health Care company (Pharmaceuticals: Major) with a market value of $1.92B, the 379th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹1,481 on 6 Nov 2026.

Performance Over six months the shares gained 32.1%, against -8.7% for the median peer and 0.0% for the India market (cap-weighted) — 3rd highest of 21 in its peer set.

Growth Revenue grew 8.2% over the last twelve months (peer median +11.2%); the operating margin is 31.3% (peer median 12.3%).

Valuation It trades at 24.4× forward earnings against a peer median of 20.4× (7th most expensive of 19).

Price implies For today's price to make sense, revenue must grow about 20% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +14 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 10.8 points above its cost of capital (12.7% WACC).

Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).

Relative performance

10012011 May 202611 Aug 20266 Nov 2026ALIVUS.NS 132Peer median 93
Six months, rebased to 100: Alivus Life Sciences against the median of its 20 peers (local-currency closes).

Alivus Life Sciences financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹26.8B₹25.4B₹23.7B₹22.7B₹21.5B
Revenue growth—+7%+4%+6%—
Gross profit₹12.7B₹8.77B₹7.64B₹7.40B₹7.11B
EBITDA₹9.23B₹7.95B₹6.82B₹6.74B₹6.39B
Net income₹6.70B₹5.64B₹4.86B₹4.71B₹4.67B
Free cash flown/a₹2.59B₹2.45B₹2.97B₹1.59B
Capital expendituren/a₹3.07B₹1.66B₹1.29B₹1.70B
Total debt₹529M₹568M₹566M₹171M₹194M

Quarterly statements and history in the cockpit →

Alivus Life Sciences competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%+40%-10%0%+10%HRMYCAPLIPOINTONESOURCE300573MAZE600211SHILPAMED9989SRPT301047PFIZER300723688166000028300009605507APLLTD0512301015ALIVUS.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Alivus Life Sciences is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%25×50×75×HRMYCAPLIPOINTONESOURCE300573600211SHILPAMED99893010473007233933688166000028300009605507APLLTD0512301015ALIVUS.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Alivus Life Sciences is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%HRMYCAPLIPOINT3005736002119989SRPT301047PFIZER3007233933688166000028300009605507APLLTD0512ALIVUS.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Alivus Life Sciences is the large dot.

Alivus Life Sciences competitors and peer comparison

Head to head with its named competitors (ALIVUS.NS vs STAR.NS vs AUROPHARMA.NS vs CIPLA.NS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Alivus Life Sciences ALIVUS.NS$1.92B+32%+8%31%24.4×20.4%
Strides Pharma Science STAR.NS$973M-13%+11%14%15.5×18.1%
Aurobindo Pharma AUROPHARMA.NS$10.9B+22%+14%15%22.4×21.0%
Cipla CIPLA.NS$12.1B+4%-1%13%29.0×28.2%

How Alivus Life Sciences compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Alivus Life Sciences against its 20 peers (data as of 6 Nov 2026)
MeasureALIVUS.NSPeer medianRank in peer set
1-month return+8.1%-1.7%5th highest of 21
6-month return+32.1%-8.7%3rd highest of 21
Distance from 52-week high-4.2%-27.8%2nd highest of 21
Revenue growth (TTM)+8.2%+11.2%10th lowest of 21
Operating margin31.3%12.3%4th highest of 21
Forward P/E24.4×20.4×7th most expensive of 19
Growth the price implies (Req g, 7 yrs)20.4%9.1%5th most demanding of 18
Growth delivered (Del g)+6.2%+7.8%7th lowest of 18
Hurdle (Req g minus delivered)+14.2 pp-0.2 pp5th most demanding of 18
ROIC minus cost of capital+10.8 pp-0.4 pp5th highest of 21
EV / EBITDA18.7×14.7×4th most expensive of 9
Net debt / EBITDA-1.0×-0.2×5th least indebted of 9

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Alivus Life Sciences ALIVUS.NSIndia$1.92B+32%+8%31%24.4×20.4%+6.2%
Harmony Biosciences HRMYUnited States$1.93B+7%+20%22%8.6×-10.9%+40.3%
Caplin Point Laboratories CAPLIPOINT.NSIndia$1.92B+28%+15%31%24.6×29.3%+15.7%
OneSource Specialty Pharma ONESOURCE.NSIndia$1.94B-12%+11%6%45.0×n/an/a
Shenyang Xingqi Pharmaceutical 300573.SZChina$1.91B-25%+17%33%13.7×6.0%+29.1%
Maze Therapeutics MAZEUnited States$1.90B+29%+700%-728%n/an/an/a
Tibet Rhodiola Pharmaceutical 600211.SSChina$1.95B0%+13%27%13.0×-0.5%+16.7%
Shilpa Medicare SHILPAMED.NSIndia$1.95B+113%+28%21%62.1×n/an/a
Shenzhen Hepalink Pharmaceutical 9989.HKHong Kong$1.89B-18%-1%8%8.3×0.4%-0.2%
Sarepta Therapeutics SRPTUnited States$1.88B-11%-20%-3%n/a11.9%+32.4%
Sino Biological 301047.SZChina$1.98B+50%+20%17%63.8×36.8%-15.1%
Pfizer PFIZER.NSIndia$1.87B-19%+12%34%21.5×11.2%+2.4%
ApicHope Pharmaceutical 300723.SZChina$1.99B-28%-28%-50%25.7×14.0%-11.0%
United Laboratories International 3933.HKHong Kong$2.00B-19%-13%5%14.5×3.7%+7.8%
BrightGene Bio-Medical Technology 688166.SSChina$2.00B-51%+14%7%87.6×38.5%+9.2%
China National Accord Medicines 000028.SZChina$1.85B-4%0%2%11.1×-9.4%+4.2%
Anhui Anke Biotechnology (Group) 300009.SZChina$2.01B-9%-9%30%19.3×9.1%+9.3%
Guobang Pharma 605507.SSChina$1.84B-8%+3%12%15.9×-5.8%+7.4%
Alembic Pharmaceuticals APLLTD.NSIndia$2.01B+24%+20%12%24.4×25.0%+6.5%
Grand Pharmaceutical 0512.HKHong Kong$2.01B-27%+7%13%9.8×1.2%+14.1%
Qingdao Baheal Medical 301015.SZChina$2.02B+4%-6%8%23.5×11.9%+5.0%

Questions

Who are Alivus Life Sciences's main competitors?
Named competitors: Strides Pharma Science (STAR.NS), Aurobindo Pharma (AUROPHARMA.NS), Cipla (CIPLA.NS). The cockpit's measured peer set (industry) also includes Harmony Biosciences (HRMY), Caplin Point Laboratories (CAPLIPOINT.NS), OneSource Specialty Pharma (ONESOURCE.NS), Shenyang Xingqi Pharmaceutical (300573.SZ), Maze Therapeutics (MAZE), Tibet Rhodiola Pharmaceutical (600211.SS).
Is Alivus Life Sciences expensive compared with its peers?
On forward p/e it trades at 24.4× against a peer median of 20.4×, 7th most expensive of 19 in its peer set. For today's price to make sense, revenue must grow about 20% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +14 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Alivus Life Sciences stock performed?
Over six months to 6 Nov 2026 the shares returned +32.1% against -8.7% for the median peer; over one year +63.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.