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Biocon Limited (BIOCON.NS)

INR434.60 -2.70 (-0.62%)
IN NSE Healthcare Biotechnology
Address 20th KM, Hosur Road 560100
Bengaluru, IN
CEO Shreehas Pradeep Tambe MTech
Website biocon.com
IPO 2004-04-07
ISIN INE376G01013

Explore sections of this company profile

Also trades on Bombay Stock Exchange · BIOCON.BO (INR) National Stock Exchange of India · BIOCON.NS (INR)
Description

Biocon Limited functions as a biopharmaceutical firm, engaged in the production of pharmaceutical, medicinal chemical, and plant-derived products. Its business activities are organized into distinct segments: Generics, Novel Biologics, Biosimilars, and Research Services. The company dedicates its efforts to crucial therapeutic domains, including diabetes, oncology, immunology, ophthalmology, and bone health disorders. Furthermore, Biocon provides comprehensive services encompassing the discovery, development, and manufacturing of both small and large molecules. With a wide international presence, it caters to customers in roughly 120 nations. Headquartered in Bengaluru, India, Biocon Limited commenced operations in 1978.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR434.60 -2.70 (-0.62%)
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Volume Profile
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Liquidity & share structure
Average Volume
4M
Beta
0.31
Float Shares
583.07M
Free Float %
45.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.93% +5.43% +8.63% +2.06% -0.90% -3.86% +15.40% +53.60% -1.51% +267.31% +838.77%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
434.60
DCF (Unlevered) 836.12 +92.4%
DCF (Levered) 104.83 -75.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 63% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 9 0
Hold 2 0
Sell 1 0
Strong Sell 4 0
Quality scores
Altman Z-Score
1.47
Distress
Piotroski F-Score
7 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Biotechnology: +1.6%
    +10.9% Q1'26: +2.3% (vs Q1'25)
  • EPS growth Biotechnology: +29.7%
    -66.7% Q1'26: -72.5% (vs Q1'25)
  • FCF margin FCF growth · Biotechnology: +16.2%
    -3.2% Q1'26: -1.3% (vs Q1'25)
  • EBIT margin Biotechnology: +0.0%
    +8.9% Q1'26: +11.2% (vs Q1'25)
  • ROIC Biotechnology: -16.1%
    +2.6% Q1'26: +3.4% (vs Q1'25)
  • Share dilution Biotechnology: -3.4%
    +14.2% Q1'26: +32.8% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    4.47× Q1'26: 3.78× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.23) × ERP
WACC = 77% × Ke + 23% × Kd (6.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 836.89 Current price: 434.60
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2010
actual
Mar 2011
actual
Mar 2012
actual
Mar 2013
actual
Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
16 Rev. Ana.
11 EPS Ana.
Mar 2027
18 Rev. Ana.
14 EPS Ana.
Mar 2028
15 Rev. Ana.
10 EPS Ana.
Mar 2029
2 Rev. Ana.
4 EPS Ana.
Revenue
20.36B
est: 23.42B (-13.1%)
23.01B
est: 27.67B (-16.9%)
20.49B
est: 20.09B (+2.0%)
24.85B
est: 24.68B (+0.7%)
30.90B
est: 29.46B (+4.9%)
30.90B
est: 30.37B (+1.7%)
33.47B
est: 34.24B (-2.2%)
38.91B
est: 40.65B (-4.3%)
41.23B
est: 41.74B (-1.2%)
55.14B
est: 56.58B (-2.5%)
63.01B
est: 66.75B (-5.6%)
71.43B
est: 73.90B (-3.3%)
81.84B
est: 80.05B (+2.2%)
111.74B
est: 109.10B (+2.4%)
147.56B
est: 147.66B (-0.1%)
152.62B
est: 149.30B (+2.2%)
169.94B
167.13B – 177.86B
+13.8% YoY
201.95B
191.11B – 211.78B
+18.8% YoY
229.05B
228.41B – 229.69B
+13.4% YoY
262.84B
257.21B – 268.47B
+14.8% YoY
EBITDA
5.09B
est: 3.04B (+67.0%)
6.28B
est: 5.56B (+12.9%)
5.73B
est: 4.44B (+29.3%)
5.67B
est: 7.23B (-21.6%)
6.90B
est: 9.44B (-26.9%)
6.90B
est: 7.33B (-5.9%)
7.63B
est: 9.11B (-16.3%)
9.82B
est: 11.69B (-16.0%)
8.27B
est: 12.21B (-32.3%)
13.92B
est: 14.35B (-3.1%)
15.94B
est: 21.68B (-26.5%)
16.52B
est: 19.44B (-15.0%)
19.56B
est: 24.44B (-20.0%)
26.57B
est: 30.01B (-11.5%)
32.71B
est: 32.70B (+0.0%)
31.24B
est: 33.22B (-6.0%)
37.63B
37.01B – 39.39B
+13.3% YoY
44.72B
42.32B – 46.90B
+18.8% YoY
50.73B
50.58B – 50.87B
+13.4% YoY
58.21B
56.96B – 59.45B
+14.8% YoY
EBIT
3.68B
est: 3.25B (+13.3%)
4.71B
est: 4.03B (+16.8%)
3.98B
est: 2.97B (+33.8%)
3.91B
est: 4.21B (-7.2%)
4.75B
est: 7.08B (-32.9%)
4.75B
est: 5.57B (-14.7%)
5.19B
est: 6.92B (-25.0%)
7.05B
est: 8.13B (-13.3%)
4.44B
est: 7.27B (-39.0%)
9.46B
est: 6.00B (+57.7%)
10.52B
est: 11.20B (-6.1%)
9.54B
est: 12.63B (-24.5%)
11.58B
est: 15.87B (-27.0%)
15.64B
est: 19.49B (-19.7%)
17.83B
est: 17.48B (+2.0%)
15.43B
est: 17.76B (-13.1%)
20.12B
19.79B – 21.06B
+13.3% YoY
23.91B
22.63B – 25.08B
+18.8% YoY
27.12B
27.04B – 27.20B
+13.4% YoY
31.12B
30.46B – 31.79B
+14.8% YoY
Net Income
2.93B
est: 1.35B (+117.4%)
3.68B
est: 3.46B (+6.1%)
3.38B
est: 2.67B (+26.8%)
5.09B
est: 4.16B (+22.4%)
4.14B
est: 6.08B (-31.9%)
4.97B
est: 4.31B (+15.4%)
8.96B
est: 5.61B (+59.7%)
6.12B
est: 6.49B (-5.7%)
3.72B
est: 6.32B (-41.1%)
9.05B
est: 5.03B (+79.9%)
7.48B
est: 10.72B (-30.2%)
7.41B
est: 8.99B (-17.6%)
6.48B
est: 11.30B (-42.6%)
4.63B
est: 4.20B (+10.2%)
10.23B
est: 18.01B (-43.2%)
10.13B
est: 2.32B (+335.9%)
4.86B
3.13B – 7.68B
+109.0% YoY
14.04B
8.59B – 14.91B
+189.1% YoY
18.67B
12.30B – 26.54B
+33.0% YoY
18.32B
17.84B – 20.39B
-1.9% YoY
SGA
4.80B
est: 2.98B (+61.2%)
est: 3.29B (-100.0%)
1.35B
est: 2.58B (-47.8%)
6.00B
est: 4.45B (+35.0%)
5.37B
est: 5.36B (+0.2%)
5.37B
est: 6.28B (-14.5%)
6.13B
est: 7.93B (-22.7%)
7.51B
est: 9.34B (-19.6%)
9.31B
est: 10.09B (-7.8%)
11.65B
est: 17.39B (-33.0%)
16.55B
est: 20.28B (-18.4%)
17.49B
est: 17.53B (-0.2%)
20.54B
est: 22.03B (-6.8%)
23.33B
est: 27.06B (-13.8%)
28.53B
est: 32.00B (-10.8%)
34.98B
est: 32.50B (+7.6%)
36.82B
36.21B – 38.54B
+13.3% YoY
43.76B
41.41B – 45.89B
+18.8% YoY
49.63B
49.49B – 49.77B
+13.4% YoY
56.95B
55.73B – 58.17B
+14.8% YoY
EPS
2.51
est: 2.46 (+2.2%)
3.13
est: 3.01 (+4.0%)
2.88
est: 2.72 (+5.8%)
4.33
est: 2.92 (+48.3%)
3.52
est: 3.42 (+2.9%)
4.14
est: 3.31 (+25.2%)
4.67
est: 3.96 (+18.1%)
5.20
est: 5.45 (-4.6%)
3.16
est: 3.23 (-2.3%)
7.65
est: 7.24 (+5.7%)
6.32
est: 7.35 (-14.0%)
6.24
est: 6.10 (+2.2%)
5.44
est: 5.94 (-8.5%)
3.88
est: 5.38 (-27.9%)
8.55
est: 13.21 (-35.3%)
8.46
est: 1.71 (+396.1%)
4.02
2.29 – 5.61
+136.0% YoY
8.63
6.28 – 10.90
+114.4% YoY
13.08
9.00 – 19.41
+51.6% YoY
14.02
13.04 – 14.91
+7.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-05-07 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-05-06 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-05-05 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-05-04 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-04-30 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-29 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-28 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-27 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-24 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-23 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-22 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-21 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-20 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-17 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-16 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
14.05B
OE per share TTM
11.31
Owner's Yield
2.32%
Maintenance CapEx ratio
271.91%
Maint CapEx / Avg PPE
93.9%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 18 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
918.5K
Shares Outstanding
1.27B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Siddharth Mittal MD, Chief Executive Officer & Director 74M male
Kiran Mazumdar Shaw Founder & Executive Chairperson 42M female
Rajesh Shanoy Company Secretary & Compliance Officer 6M male
Kedar Narayan Upadhye Chief Financial Officer male
Mandar S. Ghatnekar Chief Technology Officer
Maninder Kapoor Puri Head of Human Resources female
Maninder Singh Puri Head of Human Resources female
Abhijit Zutshi Chief Commercial Officer male
Naveen Narayanan Chief Human Resources Officer male
Paul Vazhayil Thomas Chief Commercial Officer, U.S. & Portfolio Strategy & Business Dev, Adv mkts of Biosimilars Business male
Saurabh Paliwal Head of Investor Relations male
Seema Shah Ahuja SVP & Global Head Corporate Communications & Corporate Brand Biocon Group female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits