Concord Biotech logo

Concord Biotech share price

NSE: CONCORDBIOBSE: 543960Pharmaceuticals & BiotechnologySmall Cap

Last close ₹1,229.30down ₹41.40 (3.26%)BSE ₹1,228.85

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,270.70.

52-week range of traded prices to 23 Oct 2026
₹987.00Low, 2 Apr 2026₹1,615.00High, 20 Aug 2026
Market cap
₹12,860 Cr496th largest listed
P/E
46.7
P/B
6.4
Dividend yield
0.61%
ROE
14.4%
ROCE
15.6%
Debt to equity
0.00
Volume, NSE
96,70653.4% delivered

Share price

Daily closes since Aug 2023, adjusted for splits and bonuses

−18.7%over a year

Results20-session average 1,01,187 shares a day, 48.0% delivered

Results

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

Quarter to Jun 2026, against the quarter beforeFiled 31 Jul

Revenue
₹257 Crdown 21.03%
Net profit
₹58 Crdown 34.78%
Net margin
22.4%

Revenue by year

Peak revenue ₹1,200 Cr, year to Mar 2025

Net profit by year, a loss in red

₹ croreSep 2024Filed 12 NovDec 2024Filed 14 FebMar 2025Filed 16 JunJun 2025Filed 8 AugSep 2025Filed 13 NovDec 2025Filed 11 FebMar 2026Filed 29 MayJun 2026Filed 31 Jul
Revenue310244430204247278326257
Net profit96761404463648858
Net margin30.9%31.1%32.7%21.6%25.5%22.9%27.1%22.4%
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

In the year to Mar 2026 the company reports one business segment, Pharmaceuticals, which carries all its revenue.

Valuation

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

Price to earnings

At or below today's level on 27% of 596 trading days since May 2024.

LowestHighest
Its median51.7Industry median28.1
Price to book

At or below today's level on 5% of 724 trading days since Nov 2023.

LowestHighest
Its median10.3Industry median2.8
EV to EBITDA33.1

At or below today's level on 24% of 596 trading days since May 2024.

LowestHighest
Its median37.2Industry median18.7
Dividend yield

At or below today's level on 68% of 694 trading days over the last 3 years.

LowestHighest
Its median0.52%Industry median0.51%

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−38.7%−30.2%−13.1%0.7%
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.

Who owns it

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

Shareholding by group

  • Promoters44.09%
  • Foreign institutions7.28%
  • Indian institutions10.95%
  • Individuals and others37.68%
Holder
Sudhir Kumar VaidPromoter28.84%
Manju VaidPromoter9.55%
Aryaman Jhunjhunwala Discretionary TrustOther non-institutions8.03%
Aryavir Jhunjhunwala Discretionary TrustOther non-institutions8.03%
Nishtha Jhunjhunwala Discretionary TrustOther non-institutions8.03%
Sudman Consultants LlpPromoter4.54%
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.

Mutual funds holding it

58 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 43 of the 45 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.Mutual fund holdings

Added
17
Cut
28
Held unchanged
13
Sold out
2
Fund
DSP Mutual Fund logoDSP Small Cap FundDSP Mutual Fund26,19,8391.68%₹359.9 Cr
SBI Mutual Fund logoSBI Healthcare Opportunities FundSBI Mutual Fund9,60,0002.25%₹131.9 Cr
DSP Mutual Fund logoDSP Healthcare FundDSP Mutual Fund7,35,8202.70%₹101.1 Cr
Edelweiss Mutual Fund logoEdelweiss Small Cap FundEdelweiss Mutual Fund5,64,8191.11%₹77.6 Cr
Helios Mutual Fund logoHelios Mid Cap FundHelios Mutual Fund1,35,0430.79%₹18.5 Cr
SBI Mutual Fund logoSBI Balanced Hybrid FundSBI Mutual Fund1,20,0000.83%₹16.5 Cr
ITI Mutual Fund logoITI Flexi Cap FundITI Mutual Fund1,17,0041.01%₹16.1 Cr
Nippon India Mutual Fund logoNippon India Pharma FundNippon India Mutual Fund1,11,7380.17%₹15.3 Cr
Helios Mutual Fund logoHelios Small Cap FundHelios Mutual Fund1,04,5090.76%₹14.4 Cr
Baroda BNP Paribas Mutual Fund logoBaroda BNP Paribas Innovation FundBaroda BNP Paribas Mutual Fund80,0001.28%₹11.0 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 Concord Biotech 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
AstraZeneca Pharma India logoAstraZeneca Pharma IndiaASTRAZEN14,97188.317.263.2+31.1%−7.5%20.6%24.4%0.60%
Jubilant Pharmova logoJubilant PharmovaJUBLPHARMA14,94542.42.113.9+16.3%−23.5%5.3%7.3%0.53%
Alembic Pharmaceuticals logoAlembic PharmaceuticalsAPLLTD14,94121.62.613.8+14.1%+14.6%12.7%11.8%1.58%
Marksans Pharma logoMarksans PharmaMARKSANS13,00125.24.316.9––17.1%19.9%0.31%
CORONA Remedies logoCORONA RemediesCORONA12,54563.016.839.9––26.6%30.9%0.49%
Akums Drugs and Pharmaceuticals logoAkums Drugs and PharmaceuticalsAKUMS10,53036.13.215.7+9.2%−14.6%9.2%12.0%0.45%
Strides Pharma Science logoStrides Pharma ScienceSTAR9,35415.23.011.5+7.3%–21.7%15.1%0.49%
Viyash Scientific logoViyash ScientificVIYASH9,017–3.115.5+96.5%––11.2%0.00%
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 ₹10.70 a share, year to Mar 2025.
Ex-dateTypePer share
24 Jul 2026Final₹7.55
3 Sep 2025Final₹10.70
21 Jun 2024Final₹8.75
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Concord Biotech share price by year

Each calendar year to 2025.Concord Biotech share price history

YearClose at year endChangeHighest closeLowest close
20251,345.60−39.1%2,345.601,329.00
20242,210.75+50.2%2,601.101,366.65
20231,471.80–1,506.10942.80
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2023 is from its first session, 18 Aug 2023.

Recent sessions

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

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,270.501,279.701,212.501,229.301,228.6896,70653.4%
22 Oct 20261,270.001,308.901,252.901,270.701,276.2893,34739.0%
21 Oct 20261,266.801,284.001,251.001,270.001,263.9583,31649.6%
19 Oct 20261,350.001,350.001,276.101,285.801,301.2579,84256.9%
16 Oct 20261,362.901,366.801,332.001,339.001,342.7745,38155.4%
15 Oct 20261,390.801,394.901,350.001,353.301,361.0435,98445.7%
14 Oct 20261,378.801,395.601,372.101,382.101,384.1763,72457.0%
13 Oct 20261,355.401,375.001,335.501,369.701,356.4867,67849.1%
12 Oct 20261,368.201,388.601,350.001,354.401,369.1453,16353.2%
9 Oct 20261,336.001,370.001,326.001,361.401,351.761,28,35443.1%
Prices in ₹ per share as traded, not adjusted.

About Concord Biotech

Concord Biotech Limited develops and manufactures fermentation-based active pharmaceutical ingredients (APIs), finished formulations, and contract development and manufacturing services (CDMO). It serves more than 300 customers in over 70 countries. Its CDMO and contract research services support pharmaceutical innovators and generic manufacturers. Its products cover immunosuppressants, oncology, anti-bacterial and anti-fungal therapies.

The business has two main lines. The API portfolio has more than 30 fermentation-based products. The formulations line covers oral solid dosage products and injectable medicines made at its Valthera facility. Formulations are sold largely in India through government and corporate hospitals and distribution networks. In the US and in emerging markets in Asia, Africa and Latin America, the company sells through distributors.

The registered office and a plant are at Trasad Road, Dholka, in Ahmedabad district. Unit I at Dholka is the API facility, Unit II is a formulation facility, and Unit IV at Valthera makes injectables. Its facilities have been inspected by regulators including the USFDA, EU GMP and PMDA (Japan). A team of 180 scientists works on research and development.

It was incorporated in 1984. It has a wholly owned subsidiary, Concord Lifegen Limited, set up to strengthen marketing, sales and distribution. It also holds a 75% stake in Stellon Biotech Inc., a United States subsidiary that markets and distributes its products.

Sudhir Vaid, the Chairman and Managing Director, and his son Ankur Vaid, the Joint Managing Director and Chief Executive Officer, are the company's promoters. A promoter is the person or group that set up a company or controls it.

Legal name
Concord Biotech Limited
NSE symbol
CONCORDBIO
BSE code
543960
ISIN
INE338H01029
Industry
Pharmaceuticals & Biotechnology
Listed
Aug 2023
Face value
₹1
CIN
L24230GJ1984PLC007440
Corporate identity number, the registrar of companies' code for it