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Concord Biotech Limited (CONCORDBIO.NS)

INR1,338.90 +11.30 (+0.85%)
IN NSE Healthcare Biotechnology
Address 16th Floor, B-Wing 380015
Ahmedabad, GJ, IN
CEO Ankur Dheeman
IPO 2023-08-18
ISIN INE338H01029

Explore sections of this company profile

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

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.

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
INR1,338.90 +11.30 (+0.85%)
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Volume Profile
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Liquidity & share structure
Average Volume
396.1K
Beta
0.51
Float Shares
26.95M
Free Float %
25.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-4.46% -10.69% -8.00% -13.93% -25.89% -21.92% -42.26% +11.43% +11.43% +11.43% +11.43%
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
1,338.90
DCF (Unlevered) 266.41 -80.1%
DCF (Levered) 162.40 -87.9%

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) 67% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 2 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
31.56
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
8 / 10
Strong MOAT
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
3 / 5
Medium
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Biotechnology: +1.6%
    -12.1% Q1'26: -24.1% (vs Q1'25)
  • EPS growth Biotechnology: +29.7%
    -30.2% Q1'26: -37.0% (vs Q1'25)
  • FCF margin FCF growth · Biotechnology: +16.2%
    +18.3% Q1'26: +29.9% (vs Q1'25)
  • EBIT margin Biotechnology: +0.0%
    +27.8% Q1'26: +30.4% (vs Q1'25)
  • ROIC Biotechnology: -16.1%
    +13.8% Q1'26: +19.2% (vs Q1'25)
  • Share dilution Biotechnology: -3.4%
    +0.6% Q1'26: +0.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    0.01× Q1'26: 0.00× (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 (0.64) × ERP
WACC = 100% × Ke + 0% × Kd (12.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 266.41 Current price: 1,338.90
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 2024
actual
Mar 2025
actual
Mar 2026
4 Rev. Ana.
4 EPS Ana.
Mar 2027
4 Rev. Ana.
3 EPS Ana.
Mar 2028
4 Rev. Ana.
3 EPS Ana.
Revenue
10.17B
est: 10.38B (-2.0%)
12.00B
est: 11.58B (+3.6%)
11.57B
11.04B – 12.31B
-0.1% YoY
14.25B
13.78B – 15.08B
+23.2% YoY
17.32B
16.36B – 19.43B
+21.5% YoY
EBITDA
4.39B
est: 4.17B (+5.1%)
5.13B
est: 4.65B (+10.2%)
4.65B
4.44B – 4.95B
-0.1% YoY
5.73B
5.54B – 6.06B
+23.2% YoY
6.96B
6.58B – 7.81B
+21.5% YoY
EBIT
3.87B
est: 3.56B (+8.7%)
4.60B
est: 3.97B (+15.9%)
3.97B
3.79B – 4.22B
-0.1% YoY
4.88B
4.72B – 5.17B
+23.2% YoY
5.94B
5.61B – 6.66B
+21.5% YoY
Net Income
3.08B
est: 3.13B (-1.6%)
3.72B
est: 3.56B (+4.4%)
3.00B
2.62B – 3.38B
-15.7% YoY
4.10B
3.37B – 4.42B
+36.5% YoY
5.28B
4.14B – 5.75B
+28.8% YoY
SGA
1.23B
est: 1.33B (-7.6%)
1.39B
est: 1.48B (-6.4%)
1.48B
1.42B – 1.58B
-0.1% YoY
1.83B
1.77B – 1.93B
+23.2% YoY
2.22B
2.10B – 2.49B
+21.5% YoY
EPS
29.45
est: 29.94 (-1.6%)
35.52
est: 33.43 (+6.2%)
27.51
24.86 – 32.15
-17.7% YoY
37.64
31.97 – 42.02
+36.8% YoY
47.84
39.30 – 54.58
+27.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-27 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-26 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-25 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-22 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-21 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-20 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-19 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-18 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-15 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-14 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-13 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-12 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
782.62M
OE per share TTM
7.48
Owner's Yield
0.71%
Maintenance CapEx ratio
166.10%
Maint CapEx / Avg PPE
81.2%

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 11 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 77.6K 0.26%
2 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.00% 34.4K 0.48%
3 Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO 0.00% 6.2K 0.22%
4 Vanguard All-Equity ETF Portfolio VEQT.TO 0.00% 18.5K 0.22%
5 Vanguard Growth ETF Portfolio VGRO.TO 0.00% 10.0K 0.22%
6 Vanguard Balanced ETF Portfolio VBAL.TO 0.00% 4.4K 0.22%
7 Vanguard ESG Global All Cap UCITS ETF (USD) Accumulating V3AA.L 0.00% 1.9K 0.24%
8 Vanguard ESG Global All Cap UCITS ETF (USD) Distributing V3AL.L 0.00% 1.9K 0.24%
9 Vanguard Conservative ETF Portfolio VCNS.TO 0.00% 506.89 0.22%
10 Vanguard Retirement Income ETF Portfolio VRIF.TO 0.00% 166.55 0.31%

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
1.86M
Shares Outstanding
104.62M

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
Sudhir Jairam Vaid Executive Chairman & MD 60M male
Ankur Vaid Joint MD, Chief Executive Officer & Executive Director 33M male
Raviraj Kariaas Chief Financial Officer 7M male
Prakash Lalchand Sajnani Assistant Vice President of Accounts & Finance 4M male
Paritosh Trivedi Company Secretary, Compliance Officer & Nodal Officer male
Manoj Kumar Vice President of Formulation Division & Head of Valthera Unit-2 male
Devang Bhatt Vice President of Sales & Marketing and Head of Limbasi Plant-3 male
Sundeep Bengani General Manager, International Business Development
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