Biocon logo

Biocon share price

NSE: BIOCONBSE: 532523Pharmaceuticals & BiotechnologyMid Cap

Last close ₹323.50down ₹6.80 (2.06%)BSE ₹326.60

Share price at the NSE close on 23 Oct 2026. Previous close ₹330.30.

52-week range of traded prices to 23 Oct 2026
₹318.40Low, 23 Oct 2026₹447.15High, 16 Jul 2026
Market cap
₹52,721 Cr173rd largest listed
P/E
106.4
P/E without one-offs
58.9
P/B
1.5
Dividend yield
0.15%
ROE
1.8%
ROE without one-offs
3.2%
ROCE
2.9%
Debt to equity
0.40
Volume, NSE
34,71,31952.6% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−10.7%over a year · Nifty Pharma +12.7% · Nifty 500 −9.8%

ResultsBuyback20-session average 26,12,737 shares a day, 53.1% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 5 Aug

Revenue
₹4,336 Crdown 4.00%
Net profit
₹137 Crdown 31.12%
Net margin
3.2%

Revenue by year

Peak revenue ₹16,927 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 30 OctDec 2024Filed 31 JanMar 2025Filed 10 JunJun 2025Filed 7 AugSep 2025Filed 11 NovDec 2025Filed 12 FebMar 2026Filed 8 MayJun 2026Filed 5 Aug
Revenue3,5903,8214,4173,9424,2964,1734,5174,336
Net profit278145989133−52199137
Net margin0.8%2.1%10.4%2.3%3.1%−1.2%4.4%3.2%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Biosimilars₹10,431 Crup 15.68%60.2%
  • CRDMO₹3,739 Cr21.6%
  • Generics₹3,168 Crup 4.99%18.3%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 63% of 1,843 trading days over the last 10 years.

LowestHighest
Its median46.9Industry median28.1
Price to book

At or below today's level on 2% of 1,803 trading days since Oct 2018.

LowestHighest
Its median4.5Industry median2.9
EV to EBITDA18.2

At or below today's level on 30% of 1,803 trading days since Oct 2018.

LowestHighest
Its median21.5Industry median18.7
Dividend yield

At or below today's level on 50% of 2,475 trading days over the last 10 years.

LowestHighest
Its median0.15%Industry median0.53%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+5.8%−71.8%+274.7%0.1%
3 years+20.6%−14.9%+41.5%0.2%
5 years−2.2%−17.4%+18.0%0.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2023 and Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters44.68%
  • Foreign institutions8.64%
  • Indian institutions29.30%
  • Individuals and others17.20%
  • Employee trusts0.19%
Holder
KIRAN MAZUMDAR-SHAWPromoter29.73%
GLENTEC INTERNATIONALPromoter14.56%
SERUM INSTITUTE LIFE SCIENCES PRIVATE LIMITEDCompanies3.40%
LICI NEW PENSION PLUS GROWTH FUNDInsurance companies2.62%
RAVI RASENDRA MAZUMDARPromoter0.33%
DEV MAZUMDARPromoter0.06%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

The filing reports 3,21,49,478 of its 1,62,96,94,135 shares locked in.

Mutual funds holding it

217 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 99 of the 131 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
1
Bought again
2
Added
68
Cut
63
Held unchanged
81
Sold out
5
Fund
SBI Mutual Fund logoSBI Contra FundSBI Mutual Fund4,00,73,9253.29%₹1,483.9 Cr
SBI Mutual Fund logoSBI Large & Midcap FundSBI Mutual Fund2,41,00,0002.20%₹892.4 Cr
Kotak Mahindra Mutual Fund logoKotak Mid Cap FundKotak Mahindra Mutual Fund1,85,62,2501.03%₹687.4 Cr
SBI Mutual Fund logoSBI Midcap FundSBI Mutual Fund1,55,98,5842.48%₹577.6 Cr
SBI Mutual Fund logoSBI Balanced Advantage FundSBI Mutual Fund1,30,21,2051.19%₹482.2 Cr
Kotak Mahindra Mutual Fund logoKotak Large & Mid Cap FundKotak Mahindra Mutual Fund1,30,00,0001.57%₹481.4 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Focused FundICICI Prudential Mutual Fund1,24,62,4502.69%₹461.5 Cr
SBI Mutual Fund logoSBI Multicap FundSBI Mutual Fund1,10,23,3141.74%₹408.2 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Healthcare FundICICI Prudential Mutual Fund98,76,8305.33%₹365.7 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual Fund86,46,2210.38%₹320.2 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Pharmaceuticals, 216 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Biocon in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Lupin logoLupinLUPIN88,20716.03.99.3+28.2%+49.5%27.9%28.2%0.93%
Glenmark Pharmaceuticals logoGlenmark PharmaceuticalsGLENMARK61,14734.05.812.5+32.9%+138.4%18.6%39.8%0.12%
Alkem Laboratories logoAlkem LaboratoriesALKEM59,14927.44.319.5+13.4%−5.6%16.7%16.5%1.07%
Abbott India logoAbbott IndiaABBOTINDIA53,18732.911.125.9+6.3%+11.2%35.9%39.6%2.62%
IPCA Laboratories logoIPCA LaboratoriesIPCALAB49,55637.86.122.3+10.6%+68.2%17.4%17.6%0.31%
Gland Pharma logoGland PharmaGLAND46,64541.34.524.9+17.6%+46.5%11.6%12.4%0.71%
Ajanta Pharma logoAjanta PharmaAJANTPHARM41,03536.29.128.0+20.2%+22.0%27.3%27.2%1.83%
GlaxoSmithKline Pharmaceuticals logoGlaxoSmithKline PharmaceuticalsGLAXO40,73738.118.029.1+5.8%+12.4%50.6%56.3%2.37%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹1.50 a share, year to Mar 2023.
Ex-dateTypePer share
3 Jul 2026Final₹0.50
4 Jul 2025Final₹0.50
5 Jul 2024Final₹0.50
7 Jul 2023Final₹1.50
30 Jun 2022Final₹0.50
18 Jul 2019Final₹0.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Biocon share price by year

Each calendar year to 2025.Biocon share price history

YearClose at year endChangeHighest closeLowest close
2025393.90+7.8%421.60302.45
2024365.35+46.3%391.20245.75
2023249.65−4.7%276.75198.70
2022261.85−28.2%407.25260.80
2021364.65−21.6%471.75321.30
2020465.40+58.5%483.60252.40
2019293.70−6.6%335.33216.15
2018314.53+17.1%354.20267.40
2017268.65+69.7%270.43148.78
2016158.31+83.3%168.0373.85
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026330.30330.90318.40323.50323.0334,71,31952.6%
22 Oct 2026334.00334.45328.35330.30330.7521,35,93048.4%
21 Oct 2026342.00344.00330.75335.00335.1024,52,26653.4%
19 Oct 2026349.20349.90340.00340.00344.1832,22,41658.3%
16 Oct 2026352.60353.00348.00349.20349.9018,76,29460.3%
15 Oct 2026354.00356.35350.00352.00353.2517,31,77648.6%
14 Oct 2026353.00353.00347.00350.60350.9333,75,38163.5%
13 Oct 2026346.95351.30342.15351.00347.1123,55,25653.2%
12 Oct 2026348.10351.80345.10346.35348.0726,32,16154.4%
9 Oct 2026349.55351.00343.95349.40347.4518,90,57750.4%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
12 Jun 2019Bonus0.5000Holders received 1 bonus share for every 1 held.
15 Jun 2017Bonus0.3333Holders received 2 bonus shares for every 1 held.
11 Sep 2008Bonus0.5000Holders received 1 bonus share for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About Biocon

Biocon Limited is a biopharmaceutical company headquartered in Bengaluru. It was incorporated in 1978. Its products business brings together biosimilars, insulins, complex generics and peptides, including GLP-1 therapies, on a single platform. Its services business is anchored by its listed subsidiary, Syngene International Limited.

The company reports its business in the Generics, Biosimilars and Novel Biologics segments, alongside Syngene. Syngene was incorporated in 1993 and is listed on the National Stock Exchange of India and BSE. It is a contract research, development and manufacturing organisation whose customers include pharmaceutical, biotechnology, animal health, consumer goods and specialty chemical companies. Under Novel Biologics, Biocon holds a 10.1% stake in Bicara Therapeutics, which is listed on Nasdaq.

Its biosimilars business has a commercial footprint in more than 120 countries. The company makes insulin at an integrated facility in Johor Bahru, Malaysia, and runs an oral solid dosage facility in Cranbury, New Jersey, in the United States. It has 39 subsidiaries and 1 joint venture, and its reported global operations cover both Biocon Limited and Syngene, together with their joint ventures, subsidiaries and acquisitions.

Biocon Biologics Limited, its biosimilars subsidiary, was incorporated in 2016. In 2023 the company integrated the global biosimilars business that it acquired from Viatris. In the year to March 2026 it decided to fully integrate Biocon Biologics by acquiring minority stakes, and from April 2026 it describes itself as a single organisation, OneBiocon. Kiran Mazumdar-Shaw is its Executive Chairperson.

Legal name
Biocon Limited
NSE symbol
BIOCON
BSE code
532523
ISIN
INE376G01013
Industry
Pharmaceuticals & Biotechnology
Listed
Apr 2004
Face value
₹5
CIN
L24234KA1978PLC003417
Corporate identity number, the registrar of companies' code for it