Fredun Pharma Buys 26% Stake in Goodman Vetcare for ₹300 Cr Valuation

Fredun Pharmaceuticals Limited (FPL) has acquired a 26% stake in Goodman Vetcare Private Limited, a pet pharmacy valued at ₹300 crore. This strategic move strengthens FPL's presence in the animal health and pet-care market. The partnership aims to accelerate Goodman Vetcare's growth, with ambitions to become India's largest pet-care retail chain, targeting ₹100 crore in revenue by FY31. Goodman Vetcare, established in 1989, has shown strong annual revenue growth, reaching ₹23.6 crore in FY26, with projections to hit ₹40 crore by FY27 and ₹56 crore by FY28. The expansion plan includes opening at least eight new stores across India and commissioning a new warehouse. This association leverages Goodman's retail expertise and FPL's healthcare and manufacturing capabilities.