CONCORDBIOHealthcare

Concord Biotech Limited

Pharmaceuticals · ISIN INE338H01029 · BSE 543960 · NSE EQ · FV ₹1
Last price
₹1,461
+0.50%today
What this company does

Concord Biotech Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹257 cr of revenue in its latest quarter (Q1 FY27) and kept 22.7% of sales as profit.

The Company is engaged in the business of manufacturing and trading in pharmaceutical products.
In the report:
68out of 100
Equitytale Health Score
Solid

Healthier than 68% of companies in Healthcare, on the 5 of 6 measures we could read for it. Each measure is ranked against the 134–150 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
50

At close. Not part of the score.

Profitability & returns57

How much profit it earns on the money it employs

Balance sheet99

How much it owes, and whether earnings cover the interest · highest in its sector on what we could measure

Cash quality67

Whether reported profit actually arrives as cash

Valuation24

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 23% net margin
Sales up 26% vs last year
Profit up 33% vs last year
Promoters hold 44%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in CONCORDBIO?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,461 +0.50%
latest close · 2026-09-17
52-wk low ₹1,23842 sessions so far52-wk high ₹1,615
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio66.2High
LowAverageHigh
P/B ratio7.58High
Below bookModerateHigh
EV / EBITDA40.1High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.6%Fair
WeakFairStrong ▸15%
Return on capital14.9%Fair
WeakFairStrong
Net margin22.7%Strong
ThinDecentStrong
EBITDA margin37.0%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover2,118.2×Strong
RiskyOkayStrong ▸5×
Current ratio7.39Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹15,285 cr
Book value
₹193
EPS
₹5.52
latest quarter
Net debt
₹-12 cr
more cash than debt
Enterprise value
₹15,273 cr
EBITDA
₹381 cr
annualised
EBIT
₹308 cr
annualised
Operating margin
29.9%
Return on assets
10.5%
Earnings yield
1.51%
P/S
14.84
Sales / share
₹98.5
Tax rate
26.8%
Face value
₹1
Shares
10.5 cr
Working capital
₹1,081 cr
Current assets
₹1,250 cr
Current liabilities
₹169 cr
Delivery %
49.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹245₹357, midpoint ₹334

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹257 cr
Other Income₹13 cr
Total Income₹270 cr
Cost of Materials₹70 cr
Purchases of Stock-in-Trade₹11 cr
Inventory Change (±)₹-27 cr
Employee Benefit Expense₹44 cr
Finance Costs₹3.6 L
Depreciation & Amortisation₹18 cr
Other Expenses₹77 cr
Total Expenses₹193 cr
Profit before Tax₹77 cr
Tax Expense₹21 cr
Share of JV / Associates₹1 cr
Net Profit₹58 cr
Net margin on total income21.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹54 cr20.0%
Employee benefit expense₹44 cr16.1%
Finance costs₹3.6 L0.0%
Depreciation & amortisation₹18 cr6.7%
Other expenses₹77 cr28.4%
Tax expense₹21 cr7.6%
Profit for the period₹58 cr21.2%
Total income ₹270 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue278 cr326 cr257 cr
Total income288 cr341 cr270 cr
Expenses198 cr227 cr193 cr
Profit before tax87 cr114 cr77 cr
Tax23 cr26 cr21 cr
Net profit (owners' share)64 cr89 cr59 cr
Net margin (owners' share, on revenue)23.2%27.2%22.7%
EPS (₹)6.088.465.52
YoY (latest quarter): total income +24.2% · net profit +32.8%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹2,235 cr
Shareholder equity
₹2,017 cr
parent shareholders
Total debt
₹0 cr
Cash
₹12 cr
Cash flow · H1 FY26
Operating
₹151 cr
Investing
₹-21 cr
Financing
₹-113 cr
Peer comparison
Pharmaceuticals · by market value
CompanyPriceMarket capP/E
Sun Pharmaceutical Industries Limited₹1,867₹4.48 L cr38.6
Divi's Laboratories Limited₹9,323₹2.47 L cr68.7
Torrent Pharmaceuticals Limited₹4,875₹1.65 L cr82.0
Zydus Lifesciences Limited₹1,135₹1.13 L cr30.4
Cipla Limited₹1,376₹1.11 L cr35.2
Laurus Labs Limited₹1,948₹1.05 L cr71.5
Dr. Reddy's Laboratories Limited₹1,175₹98,113 cr55.1
Aurobindo Pharma Limited₹1,690₹97,243 cr23.7
Lupin Limited₹2,098₹95,936 cr16.9
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.52%
trailing 12 months
Dividend / share (TTM)
₹7.55
Last dividend
₹7.55
ex 24 Jul 2026
ActionDetailEx-date
Dividend₹7.55 / share24 Jul 2026
Dividend₹10.7 / share3 Sep 2025
Dividend₹8.75 / share21 Jun 2024
Who owns it · 2026-06-30
No pledge
Promoter
44.1%
FII / Foreign
7.5%
DII / Domestic
9.4%
Retail / others
39.0%
Smart-money activity
Insider trades
SoldChandrashekhar Mukundrao Chawan · -1,000 · ₹21.1 L16 Sep 24
SoldPrakash Lalchand Sajnani · -5,000 · ₹1.1 cr16 Sep 24
SoldDevang Bhatt · -3,000 · ₹52.0 L2 Sep 24
Bulk / block deals
short · NSE283 Sep 26
short · NSE131 Aug 26
short · NSE7225 Aug 26
Stake changes
Sold1575773 Ontario Inc→ 2.00% · 35.48 L28 May 24
BoughtEstate of Late Mr. Rakesh Jhunjhunwala along with pac→ 24.80%18 Aug 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 9 Sep 2025
See the official result
1
To receive, consider, approve and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended on 31st March, 2025 together with the Auditor and Directors Report thereon
Backed by 100% of shareholders other than promotersneeded 50%
4.10 cr votes for, 852 against · 0% of mutual funds and other big investors said no
2
To declare dividend for the financial year 2024-25.
Backed by 100% of shareholders other than promotersneeded 50%
4.10 cr votes for, 852 against · 0% of mutual funds and other big investors said no
3
To appoint Mr. Rajiv Agrawal (DIN: 00379990) who retires by rotation and being eligible offers himself for reappointment as Director
Backed by 96% of shareholders other than promotersneeded 50%
3.94 cr votes for, 16.10 L against · 11% of mutual funds and other big investors said no
4
To ratify the remuneration of M/s Dalwadi & Associates, Cost Accountants for FY 2025-26 of INR 3,70,000 plus applicable Goods and Service Tax, p.a. and reimbursement of all reasonable out of pocket expenses incurred:
Backed by 100% of shareholders other than promotersneeded 50%
4.10 cr votes for, 872 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 14 named members
owning 44.1% between them · as of 2026-06-30
Sudhir Kumar Vaid28.84%
Manju Vaid9.55%
Sudman Consultants Llp4.54%
Ankur Sudhir Vaid0.56%
Vaid Megha Ankur0.52%
Sonal Kumra0.07%
Aarav Vaidno shares
CELLIIMUNE BIOTECH PRIVATE LIMITEDno shares
Business done with them
FY2026 · 6 of the group
The company paid ₹56 cr to companies in the promoter group last year — about 5.3% of its ₹1,055 cr revenue and received ₹29 cr back from them.
Mr. Sudhir Vaid
Other payments to them · Remuneration Paid; Rent paid; Dividend Paid
₹39 cr
company paid
Concord Biotech Japan K.K.
Sold goods to them · Sale of Products
₹29 cr
company received
Mrs. Manju Vaid
Other payments to them · Rent paid; Dividend Paid
also owns 9.55% of the company
₹11 cr
company paid
Sudman Consultants LLP
Other payments to them · Dividend Paid
also owns 4.54% of the company
₹5 cr
company paid
Mr. Sudhir Vaid
Leases As Lessee · Remuneration Paid; Rent paid; Dividend Paid
₹1 cr
company received
Mrs. Sonal Kumra
Other payments to them · Remuneration Paid; Dividend Paid
also owns 0.07% of the company
₹1 cr
company paid
Mrs. Manju Vaid
Leases As Lessee · Rent paid; Dividend Paid
also owns 9.55% of the company
₹47.8 L
company received
Celliimune Biotech Private limited
Bought property or assets from them · Investments
₹1.2 L
company paid

The company also transacted with 16 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.