C

Concord Biotech Limited

CONCORDBIONSE
Market snapshot · 2026-08-11 12:02 UTC

1,428.90

+₹9.90 (+0.70%)

MARKET CAP

₹14.95K Cr

STOCK P/E

49.1x

52W HIGH

₹1,801.90

52W LOW

₹987.00

BOOK VALUE

₹192.81

EPS

₹29.09

ROE

SECTOR

Health Care

DEBT/EQUITY

0.12

VOLUME

2.74L

P/B RATIO

7.41x

PEG RATIO

1.58

Sector

Health Care

Themes

PharmaceuticalsRakesh Jhunjhunwala PortfolioTop 20 Investors in India Portfolio
D
Dividend
E
Earnings
₹1,745.95₹1,561.65₹1,377.36₹1,193.06₹1,008.76VolumeDEEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Concord Biotech is a biopharma company manufacturing and selling APIs and formulations in India and overseas. Fermentation-based APIs serve immunosuppressant, antibacterial, oncology, and antifungal therapies, while formulations include tacrolimus, mycophenolate, everolimus, and related products. Recent revenue growth of 26% in Q1 FY2027 suggests improved demand, supporting the company’s improving margin trend. Profit declined 29.8% year-on-year despite improving margins, indicating earnings pressure beneath recent quarterly momentum. With debt-to-equity of 0.12, Concord is deleveraged, though ROE is unavailable for assessing capital efficiency. At 47 times earnings, the stock appears rich relative to recent negative revenue and profit growth. The key open question is whether oncology and immunosuppressant demand can sustain the latest acceleration.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for CONCORDBIO.

5.00 analysts

Price Forecast

Current
₹1,429
High Target
₹1,700
▲ +19.0%
Median Target
₹1,590
▲ +11.3%
Low Target
₹1,268
▼ -11.3%
Now₹1,429High ₹1,700Median ₹1,590Low ₹1,268Aug '25Now12M Target
Price history (1Y)
Analyst target range
5 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹1,093 - ₹1,80880%
6M₹969.16 - ₹1,97480%
12M₹809.66 - ₹2,21580%
Realized vol: +39.3% · Drift: +1.2%

Revenue Forecast

₹ Cr
Jun '26Current₹261.0
Sep 2026 ETrend estimate range
High₹282.5Base₹261.6Low₹240.6
Sep '25: ₹247.0 · Dec '25: ₹278.0 · Mar '26: ₹326.0 · Jun '26: ₹261.0 · Sep '26: ₹261.6 · Dec '26: ₹294.4
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E247.0278.0326.0261.0261.6294.4
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹5.85
Sep 2026 ETrend estimate range
High₹6.70Base₹5.98Low₹5.26
Sep '25: ₹6.01 · Dec '25: ₹6.48 · Mar '26: ₹8.60 · Jun '26: ₹5.85 · Sep '26: ₹5.98 · Dec '26: ₹6.45
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E6.016.488.605.855.986.45
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
66%
Analyst Consensus
Weakening

From 5 analysts

Mean upside+8.5%

Fundamentals

Strong

Fundamentals institutional score is 97 using growth durability 97.3.

Valuation

Attractive relative to peers

Valuation institutional score is 81 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 63 using mean target upside 8.5%; dispersion penalty 11.1; recommendation breadth from available consensus.

Technical Structure

Weak Structure

Technicals institutional score is 26 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 2 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. fundamentals and valuation provide support, while technical structure and market sentiment remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Attractive relative to peersAnalyst Consensus NeutralTechnical Structure Weak StructureMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price1,550.6 target
Mean Upside+8.5%
Technical Score26%
Fundamental Score97%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 3.5% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -0.26). Confidence: 79%.

Live forward EPS implies next-12-month EPS of ₹42.54. Applying the stock's normalized valuation corridor produces a fair range of ₹1,896.43 to ₹2,440.95, with base value near ₹2,165.29 (+51.5% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹42.54

Forward P/E

33.6x

Base Fair Value

₹2,165.29

Fair Range

₹1,896.43 - ₹2,440.95

Upside To Base

+51.5%

Estimate Source

Live forward EPS

Growth Estimate

+31.1%

P/E
Strongly Undervalued

5Y Average

52.05

Current

49.12

Overvalued

57.38

Undervalued

44.58

P/S
Strongly Undervalued

5Y Average

14.29

Current

13.49

Overvalued

15.67

Undervalued

12.57

EV/EBITDA
Strongly Undervalued

5Y Average

37.94

Current

35.81

Overvalued

41.61

Undervalued

33.37

Peers & Comparison

Sector: Health Care · Theme: Pharmaceuticals

Pharmaceuticals Peers8 peers
Avg P/E: 37.5x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
AKUMS DRUGS AND PHARMA L
AKUMSPharmaceuticals
+9.6%5.9%
43.7x
Premium
+17% vs avg
+51.8%
BLUE JET HEALTHCARE LTD
BLUEJETPharmaceuticals
-17.4%26.5%
43.7x
Premium
+17% vs avg
-25.8%
GLENMARK PHARMACEUTICALS
GLENMARKPharmaceuticals
+23.1%10.1%
36.3x
Fair
-3% vs avg
+9.4%
ABBOTT INDIA LIMITED
ABBOTINDIAPharmaceuticals
+6.5%22.4%
38.6x
Fair
+3% vs avg
-15.4%
IPCA LABORATORIES LTD
IPCALABPharmaceuticals
+6.3%11.8%
40.0x
Fair
+7% vs avg
+22.5%
AJANTA PHARMA LIMITED
AJANTPHARMPharmaceuticals
+24.8%19.6%
38.5x
Fair
+3% vs avg
+30.0%
CAPLIN POINT LAB LTD.
CAPLIPOINTPharmaceuticals
+19.0%29.3%
31.2x
Undervalued
-17% vs avg
+22.8%
ALIVUS LIFE SCIENCES LTD
ALIVUSPharmaceuticals
+6.4%23.3%
27.6x
Undervalued
-26% vs avg
+43.2%
WHY THESE PEERS

CONCORD BIOTECH LIMITED trades at a premium (49.1x vs peer avg 37.5x), implying higher growth or quality expectations from the Pharmaceuticals cohort. Peers include AKUMS DRUGS AND PHARMA L, BLUE JET HEALTHCARE LTD, GLENMARK PHARMACEUTICALS — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹261 CrJun 2026

Latest net profit

₹61 CrJun 2026

Latest EPS

₹5.85Jun 2026

Net margin

33.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%10.0%20.0%30.0%40.0%0.00 Cr85 Cr170 Cr255 Cr340 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr85 Cr170 Cr255 Cr340 Cr₹0₹3₹6₹9₹12
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr70 Cr140 Cr210 Cr280 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr600 Cr1.20K Cr1.80K Cr2.40K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +195262241319216310244430204247278326261
Expenses +123143135185135174146239143157176204173
Operating Profit721191061348113798190619110212287
OPM %37%45%44%42%38%44%40%44%30%37%37%38%33%
Other Income +788111010159141371613
Interest1100000000000
Depreciation13131414131313151818191918
Profit before tax65113100131781339918557869011882
Tax %25%25%26%26%25%26%25%23%26%26%25%24%26%
Net Profit +488475975899741424363689061
EPS in Rs4.638.087.139.295.579.437.0813.574.076.016.488.605.85
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +44.08%44.08%44.08%44.08%44.08%
FIIs +9.10%8.03%7.58%7.79%7.53%
DIIs +8.85%9.55%9.58%9.22%9.37%
Public +37.94%38.32%38.75%38.90%39.04%
Others0.03%0.02%0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Aug 03, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Investor Presentation

Aug 01, 2026PDFCompany Reports Open

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

Aug 01, 2026PDFCompany Reports Open