Concord Biotech Limited

Concord Biotech Limited

CONCORDBIONSE / BSETechnologySmall Cap

₹1,245.30+₹15.40 (+1.3%)

Last close · Data as of Oct 30, 2026

Market cap
₹14,122 Cr
P/E
43.9x
EV / EBITDA
30.0x
Revenue
₹1,200 Cr
Net margin
30.0%
ROCE
28.1%

-14.3% over the last year

Concord Biotech Limited price, 1Y

Daily closes.

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Performance

Price change over each period, before dividends.

1M
-9.3%
3M
-6.6%
6M
+9.2%
1Y
-14.3%
5Y
+32.2%

52-week range

Day change +₹15.40 (+1.3%) from ₹1,230 to ₹1,245 · Last close Oct 30, 2026

Best weekday to invest, historically

The same weekly amount in CONCORDBIO, bought on each weekday since 2023.

AI Summary

Indian Stock

Strengths1

  • Healthy return on equity of 20.0%

Concerns0

    Rule-based from financial data. Not advice.

    About the company

    Concord Biotech Limited, a biopharma company, engages in the research and development, manufacture, market, and sale of pharmaceutical products in India and internationally. The company provides fermentation based active pharmaceutical ingredients in immunosuppressants, anti-bacterial, oncology, antifungal, and other therapeutic areas.

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    Concord Biotech Limited, a biopharma company, engages in the research and development, manufacture, market, and sale of pharmaceutical products in India and internationally. The company provides fermentation based active pharmaceutical ingredients in immunosuppressants, anti-bacterial, oncology, antifungal, and other therapeutic areas. It also offers tacrolimus, mycophenolate mofetil, mycophenolate sodium, cyclosporine, sirolimus, voclosporin, and pimecrolimus for immunosuppressants therapeutic segment; and temsirolimus, everolimus, romidepsin, doxorubicin, mitomycin, midostaurin, and dactinomycin for oncology therapeutic segment. In addition, the company provides mupirocin, mupirocin calcium, polymyxin B sulfate, fidaxomicin, vancomycin hydrochloride, and teicoplanin for anti-bacterial applications; anidulafungin, caspofungi, micafungin sodium, and nystatin for anti-fungal therapeutic segment; and lovastatin and pravastatin sodium for other applications. Further, it develops daptomycin for anti-infectives applications; and epirubicin, idarubicin, and pirarubicin for oncology therapeutic segment. Additionally, the company provides contract research and manufacturing services in the areas of fermentation and semi-synthesis products. Concord Biotech Limited was incorporated in 1984 and is based in Ahmedabad, India.

    Sector
    Technology
    Shares outstanding
    10.4 Cr shares
    ISIN
    INE338H01029
    BSE code
    543960

    Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.

    Valuation

    Market cap
    ₹14,122 Cr
    P/E
    43.9x
    P/B
    7.8x
    EV / EBITDA
    30.0x
    EV / Sales
    13.8x
    P/S
    13.9x
    Earnings yield
    2.3%
    52-week high
    ₹1,585.10
    52-week low
    ₹1,014.05

    Profitability

    Operating margin
    42.5%
    Net margin
    30.0%
    EBITDA margin
    45.8%
    ROE
    20.0%
    ROCE
    28.1%
    ROA
    18.0%
    Dividend payout
    30.0%
    Tax rate
    26.0%
    Other income, % of PBT
    8.3%

    Growth

    Revenue
    ₹1,200 Cr
    Revenue growth, 1Y
    18.0%
    Revenue CAGR, 5Y
    14.7%
    EBITDA
    ₹466 Cr
    EBITDA growth, 1Y
    23.0%
    Net profit growth, 1Y
    22.3%
    Net profit CAGR, 5Y
    12.5%
    Cash from operations
    ₹265 Cr
    CFO growth, 1Y
    7.7%
    Free cash flow
    -₹14.0 Cr
    Asset growth, 1Y
    12.1%

    Solvency and efficiency

    Current ratio
    5.56
    Debt / Equity
    0.01
    Debt / Assets
    0.01
    Debt / EBITDA
    0.02
    Interest coverage
    144.00
    Financial leverage
    1.11
    CFO / Net profit
    0.87
    Cash / Market cap
    4.7%
    Cash per share
    ₹63.95
    Asset turnover
    0.60
    Fixed asset turnover
    1.77
    Capital intensity
    0.57
    Debtor days
    125 days
    Inventory turnover
    1.10
    Cash conversion cycle
    306 days

    Where the revenue went

    Of every ₹100 of FY2025 revenue, ₹31 was left as net profit.

    Concord Biotech Limited income statement flow, FY2025
    Concord Biotech Limited income statement flow, FY2025: flows
    FromToAmount
    SalesExpenses₹693 Cr
    SalesOperating profit₹507 Cr
    Operating profitInterest₹1 Cr
    Operating profitDepreciation₹54 Cr
    Operating profitProfit before tax₹452 Cr
    Other incomeProfit before tax₹44 Cr
    Profit before taxTax and other₹123 Cr
    Profit before taxNet profit₹373 Cr

    Revenue and net profit

    Revenue grew 18.0% in FY2025; net profit is the dashed line.

    Concord Biotech Limited revenue and net profit by fiscal year
    Concord Biotech Limited revenue and net profit by fiscal year
    DateRevenueNet profit
    FY2021₹617 Cr₹235 Cr
    FY2022₹713 Cr₹179 Cr
    FY2023₹853 Cr₹238 Cr
    FY2024₹1,017 Cr₹305 Cr
    FY2025₹1,200 Cr₹373 Cr

    Cash flows

    FY2025: ₹245 Cr from operations, ₹85.0 Cr free after investment (dashed).

    Concord Biotech Limited operating and free cash flow by fiscal year
    Concord Biotech Limited operating and free cash flow by fiscal year
    DateOperating cash flowFree cash flow
    FY2021₹167 Cr-₹28 Cr
    FY2022₹207 Cr₹95 Cr
    FY2023₹246 Cr₹88 Cr
    FY2024₹265 Cr₹110 Cr
    FY2025₹245 Cr₹85 Cr

    Growth

    Latest fiscal year FY2025 (ending March): each figure with its change over the year before.

    Revenue
    ₹1,200 Cr+18.0%1Y
    Net profit
    ₹373 Cr+22.3%1Y
    Cash from operations
    ₹245 Cr
    Free cash flow
    ₹85 Cr-22.7%1Y
    Revenue CAGR, 5Y
    14.7%
    EBITDA CAGR, 5Y
    14.6%
    Net profit CAGR, 5Y
    12.5%
    YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
    FY2025₹1,200 Cr₹507 Cr—₹373 Cr₹245 Cr₹85 Cr20.6%+18.0%+22.3%

    Monthly returns

    Month-by-month returns of CONCORDBIO across the years, with the seasonal pattern.

    Balance sheet

    What the company owns and owes at the end of FY2025.

    LineFY2025
    Liabilities and equity₹2,034 Cr
    Equity capital₹10 Cr
    Reserves₹1,802 Cr
    Borrowings₹3 Cr
    Other liabilities₹219 Cr
    Assets₹2,034 Cr
    Fixed assets₹795 Cr
    Capital work in progress₹51 Cr
    Investments₹335 Cr
    Other assets₹854 Cr

    Market cap against peers

    8 peers: same sector group, nearest by size.

    1. Concord Biotech Limited (this company)₹14,122 Cr
    2. Cyient Limited₹13,048 Cr
    3. Indegene Limited₹12,308 Cr
    4. BIRLASOFT LIMITED₹11,840 Cr

    P/E against peers

    CONCORDBIO trades at 43.9x earnings against a peer median of 52.1x (a 16% discount).

    Peer comparison

    Same-sector peers by market cap, with the median.

    CompanyMarket capP/EP/BROEEV/EBITDA
    Concord Biotech LimitedCONCORDBIOthis companyP/E ↓ discount₹14,122 Cr43.9x7.8x20.0%30.0x
    Aditya Infotech LimitedCPPLUS₹16,700 Cr94.8x12.1x33.6%69.8x
    Zensar Technologies Ltd.ZENSARTECH₹16,218 Cr26.0x5.1x17.8%23.0x
    CarTrade Tech LimitedCARTRADE₹13,418 Cr138.0x6.0x2.0%216.1x
    Cyient LimitedCYIENT₹13,048 Cr29.8x3.4x16.9%16.6x
    INTELLECT DESIGN ARENA LIMITEDINTELLECT₹12,976 Cr52.1x6.6x9.4%35.5x
    Indegene LimitedINDGN₹12,308 Cr58.9x6.3x14.5%56.1x
    BIRLASOFT LIMITEDBSOFT₹11,840 Cr43.0x7.1x20.4%24.6x
    Zen Technologies Ltd.ZENTEC₹11,156 Cr53.9x6.3x28.5%57.2x
    Peer median—52.1x7.8x14.5%34.2x

    Year-to-date ROI

    CONCORDBIO since 1 January, against earlier years.

    Historical volatility

    CONCORDBIO's day-to-day swings over 30, 60 and 180 days.

    Financial statements

    Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.

    Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.

    Operating margin by fiscal year

    Concord Biotech Limited operating margin by fiscal year
    Concord Biotech Limited operating margin by fiscal year
    DateOperating margin
    FY202153.0%
    FY202238.0%
    FY202340.0%
    FY202442.0%
    FY202542.0%
    LineFY2025
    RevenueSales₹1,200 Cr
    Costs
    Interest₹1 Cr
    Expenses₹693 Cr
    Profit before tax₹496 Cr

    Learn while you research

    Academy chapters picked for Concord Biotech Limited and the metrics on this page.

    1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
    2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
    3. 03 Valuation Multiples ExplainedThis stock trades at a P/E of 43.9, learn when high multiples are justified.6 min read
    4. 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
    5. 05 Growth InvestingTech & communications often trade on growth, learn the framework.7 min read
    6. 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
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