CONCORDBIOHealthcare

Concord Biotech Limited

Pharmaceuticals · ISIN INE338H01029 · BSE 543960 · NSE EQ · FV ₹1
Last price
₹656
-46.62%today
What this company does

Concord Biotech Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹309 cr of revenue in its latest quarter (Q2 FY27) and kept 22.9% of sales as profit.

“The Company is engaged in the business of manufacturing and trading in pharmaceutical products.”
In the report:
73out of 100
Equitytale Health Score
Solid

Healthier than 73% of companies in Healthcare, on the 5 of 6 measures we could read for it. Each measure is ranked against the 135–153 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)
41

At close. Not part of the score.

Profitability & returns69

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

Valuation34

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 25% vs last year
✓ Profit up 11% 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 We do not publish price targets or predict returns.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
₹656▼ -46.62%
latest close · 2026-11-04
52-wk low ₹57874 sessions so far52-wk high ₹808
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 ratio24.6Average
LowAverageHigh
P/B ratio3.30High
Below bookModerateHigh
EV / EBITDA15.0Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity13.6%Fair
WeakFairStrong ▸15%
Return on capital18.1%Strong
WeakFairStrong
Net margin22.9%Strong
ThinDecentStrong
EBITDA margin37.1%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover2,879.4×Strong
RiskyOkayStrong ▸5×
Current ratio6.40Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹6,858 cr
Book value
₹198
EPS
₹6.65
latest quarter
Net debt
₹-8 cr
more cash than debt
Enterprise value
₹6,850 cr
EBITDA
₹458 cr
annualised
EBIT
₹385 cr
annualised
Operating margin
31.1%
Return on assets
12.1%
Earnings yield
4.06%
P/S
5.55
Sales / share
₹118.2
Tax rate
26.9%
Face value
₹1
Shares
10.5 cr
Working capital
₹1,089 cr
Current assets
₹1,291 cr
Current liabilities
₹202 cr
Delivery %
45.3%
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 2026-11-04.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹275 vs market price ₹656 — price is 138% above it
Safety cushion-138.1%(target ≥ +20%)
Models span ₹210–₹363, midpoint ₹275
Model ₹275
Price ₹656
Cheap sideExpensive side

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 · Q2 FY27 (consolidated)
Revenue from Operations₹309 cr
Other Income₹10 cr
Total Income₹319 cr
Cost of Materials₹64 cr
Purchases of Stock-in-Trade₹16 cr
Inventory Change (±)₹-6 cr
Employee Benefit Expense₹52 cr
Finance Costs₹3.3 L
Depreciation & Amortisation₹18 cr
Other Expenses₹79 cr
Total Expenses₹223 cr
Profit before Tax₹96 cr
Tax Expense₹26 cr
Share of JV / Associates₹-65.9 L
Net Profit₹70 cr
Net margin on total income21.8%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹74 cr23.1%
Employee benefit expense₹52 cr16.4%
Finance costs₹3.3 L0.0%
Depreciation & amortisation₹18 cr5.8%
Other expenses₹79 cr24.7%
Tax expense₹26 cr8.1%
Profit for the period₹70 cr21.8%
Total income ₹319 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue326 cr257 cr309 cr
Total income341 cr270 cr319 cr
Expenses227 cr193 cr223 cr
Profit before tax114 cr77 cr96 cr
Tax26 cr21 cr26 cr
Net profit (owners' share)89 cr59 cr71 cr
Net margin (owners' share, on revenue)27.2%22.7%22.9%
EPS (₹)8.465.526.65
YoY (latest quarter): total income +22.6% · net profit +11.1%
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹2,327 cr
Shareholder equity
₹2,076 cr
parent shareholders
Total debt
₹0 cr
Cash
₹8 cr
Cash flow · H1 FY27
Operating
₹168 cr
Investing
₹-93 cr
Financing
₹-80 cr
Peer comparison
Pharmaceuticals · by market value
CompanyPriceMarket capP/E
Sun Pharmaceutical Industries Limited₹1,770₹4.25 L cr53.3
Divi's Laboratories Limited₹10,064₹2.67 L cr74.1
Torrent Pharmaceuticals Limited₹4,650₹1.77 L cr82.7
Laurus Labs Limited₹2,323₹1.26 L cr71.1
Zydus Lifesciences Limited₹1,241₹1.24 L cr33.2
Dr. Reddy's Laboratories Limited₹1,368₹1.14 L cr30.8
Cipla Limited₹1,397₹1.13 L cr32.2
Mankind Pharma Limited₹2,475₹1.02 L cr35.9
Aurobindo Pharma Limited₹1,695₹97,502 cr23.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.15%
trailing 12 months
Dividend / share (TTM)
₹7.55
Last dividend
₹7.55
ex 24 Jul 2026
ActionDetailEx-date
Bonus issue1:14 Nov 2026
Dividend₹7.55 / share24 Jul 2026
Dividend₹10.7 / share3 Sep 2025
Dividend₹8.75 / share21 Jun 2024
Who owns it · 2026-09-30
No pledge
Promoter
44.1%
FII / Foreign
7.3%
DII / Domestic
10.9%
Retail / others
37.7%
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— · NSE1028 Oct 26
short— · NSE283 Sep 26
short— · NSE131 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.

Postal ballot · 24 Oct 2026
See the official result
1
APPROVAL FOR INCREASE IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY AND THE CONSEQUENTIAL ALTERATION OF THE MEMORANDUM OF ASSOCIATION
Backed by 100% of shareholders other than promotersneeded 50%
4.39 cr votes for, 17,325 against · 0% of mutual funds and other big investors said no
2
ISSUANCE OF BONUS EQUITY SHARES
Backed by 96% of shareholders other than promotersneeded 50%
4.23 cr votes for, 16.81 L against · 9% 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 2026-09-30
Sudhir Kumar Vaid28.84%
Manju Vaid9.55%
Sudman Consultants Llp4.54%
Ankur Sudhir Vaid0.56%
Vaid Megha Ankur0.52%
Sonal Kumra0.07%
Gaurav Kumra0.01%
Aarav Vaidno 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.