CONCORDBIO
Concord Biotech Limited
NSE BSELast Traded Price
₹598.4
-13.8 (-2.25%)
Open
₹615
High
₹625.2
Low
₹592.5
Prev Close
₹612.2
Industry
Pharmaceuticals
Market Cap
12486.99 Cr
Filing History
Recent corporate announcements and filings for CONCORDBIO
Financials
Positive
2026-11-05 18:16
- Concord Biotech Limited has approved the allotment of 10,46,16,204 fully paid-up bonus equity shares.
- Bonus shares are allotted in the ratio of 1:1 (1 bonus equity share for every 1 existing fully paid-up equity share).
- The record date for the bonus issue was Wednesday, November 04, 2026.
- Consequent to this allotment, the paid-up share capital of the company increased to ₹20,92,32,408 divided into 20,92,32,408 equity shares of ₹1 each.
Business Update
Positive
2026-11-03 15:41
Current scenario
- Q2 FY27 revenue grew 25% YoY; H1 FY27 revenue grew 26% YoY.
- Broad-based growth across all product categories (immunosuppressants, anti-infectives, antifungal, and oncology) and geographies.
- Gross margins contracted by ~400 bps YoY due to higher raw material prices (solvents) and product mix, but EBITDA margin remained resilient at 33.8% in Q2 FY27.
Changes in trends
- API revenue grew 30% YoY, while formulation revenue increased 6% due to changes in customer procurement strategies shifting towards API.
- Domestic formulation business showed strong growth of 29% in Q2.
Management Guidance & Outlook
- Expect to recover full-year margins through revenue improvement, cost optimization, and inventory management.
- EBITDA margins expected to move towards historical levels of 38%-40% as new growth drivers scale up.
- Maintained zero-debt status with cash and cash equivalents of ~Rs. 445 crores.
Capex
- Maintenance CapEx guided at Rs. 20-30 crore annually, with total CapEx expected around Rs. 50-60 crore per year (Rs. 100-120 crores total for FY27 and next year).
Growth Drivers
- Expansion in fermentation-based APIs, CDMO opportunities, and scaling up of the U.S. formulation business via Stellon Biotech.
- Launch of the 'Inspira' dermatology division targeting a large domestic market opportunity.
Business Update
Neutral
2026-10-28 18:46
- Concord Biotech conducted its Earnings Call on October 28, 2026, for Q2 and H1 FY27 financial results.
- Audio recording of the conference call has been made available on the company's website.
Business Update
Neutral
2026-10-28 15:12
Concord Biotech Limited has informed the stock exchanges about a scheduled Non-Deal Roadshow with analysts and institutional investors.
- Concall Date: 3rd & 4th November 2026
- Organised By: UBS
- Nature of Meeting: In Person
- Place: Singapore
Business Update
Positive
2026-10-27 20:27
- Q2 FY27 Consolidated Revenue increased 25% YoY to ₹309.1 Cr.
- PAT rose 10% YoY to ₹69.6 Cr; EBITDA grew 18% to ₹104.4 Cr.
- Board approved issuance of bonus shares in the ratio of 1:1.
- Launched new dermatology division 'Inspira' and received 2 ANDA approvals.
- Completed USFDA inspection at Unit II facility.
Financials
Positive
2026-10-27 19:36
- Concord Biotech Limited has fixed November 04, 2026, as the record date for the issuance of bonus equity shares.
- Bonus shares will be issued in the ratio of 1:1 (one bonus equity share for every one existing fully paid-up share).
- Thursday, November 05, 2026, shall be the deemed date of allotment of bonus equity shares.
Financials
Positive
2026-10-27 19:09
Q2 FY27 Consolidated Revenue ₹309.07Cr vs ₹247.06Cr (▲25.1% YoY)
EBITDA ₹103.72Cr vs ₹90.78Cr (▲14.3% YoY)
PAT ₹69.57Cr vs ₹63.06Cr (▲10.3% YoY)
EBITDA Margin 33.56% vs 36.74% (▼318bps)
Board fixed November 04, 2026 as the Record Date for 1:1 Bonus Equity Share issue.
Governance
Positive
2026-10-26 18:12
Concord Biotech Limited announced voting results and Scrutinizer's Report of the Postal Ballot dated September 23, 2026.
- Both ordinary resolutions were successfully passed with the requisite majority on October 24, 2026.
- Resolution 1: Approval for increase in authorized share capital and consequential alteration of the Memorandum of Association passed with 99.98% votes in favour.
- Resolution 2: Issuance of Bonus Equity Shares passed with 98.13% votes in favour.
Business Update
Neutral
2026-10-23 11:52
Concall Schedule
Concall Date: October 28, 2026
Concall Time: 03:30 PM, IST
Routine
Neutral
2026-09-28 19:09
- Trading window closed from October 01, 2026 for declaration of Q2 and half-year ended September 30, 2026 results.
- Window to re-open 48 hours after the declaration of financial results.
- Applies to all Designated Persons and their immediate relatives.
Financials
Positive
2026-09-24 17:44
- Concord Biotech Limited has issued a Postal Ballot Notice dated September 23, 2026, seeking shareholders' approval for key corporate actions.
- Proposal to increase the Authorised Share Capital from ₹11 crore to ₹22 crore and consequential alteration of the Memorandum of Association.
- Proposal for the issuance of bonus equity shares in the ratio of 1:1 (1 bonus share for every 1 existing equity share) by capitalising ₹10.46 crore from the securities premium account.
- Remote e-voting period commences on September 25, 2026, and ends on October 24, 2026, with the cut-off date fixed as September 18, 2026.
Governance
Positive
2026-09-23 17:16
- Board of Directors approved a 1:1 bonus share issue (1 bonus share for every 1 existing share) by capitalizing the share premium account, subject to shareholder approval.
- The company's Authorised Share Capital will be increased from ₹11 Crores to ₹22 Crores, also subject to shareholder approval.
- Bonus shares are estimated to be credited/dispatched by November 22, 2026.
Business Update
Positive
2026-09-18 10:28
- USFDA inspection at Valthera Formulation Facility completed on September 18, 2026.
- Received one minor procedural observation, not related to GMP.
- No material impact expected on business operations or supplies.
Business Update
Neutral
2026-09-17 11:15
- Investor Meeting Schedule
- Meeting Date: 23rd September 2026
- Meeting Time: 12:30 pm
- Organized by: JP Morgan Healthcare Trip
- Place: Ahmedabad
Business Update
Neutral
2026-08-21 10:20
- Concall Schedule
- Concall Date: 26th August 2026
- Concall Time: 01:00 PM to 03:00 PM (IST)
Business Update
Positive
2026-08-07 15:06
- Q1 FY27 revenue grew by 26.2% YoY to INR257 crores.
- EBITDA increased by 34% YoY to INR82 crores, with margins at 32% (▲190 bps YoY).
- PAT grew by 31% YoY to INR58 crores, with margins at 22.4% (▲80 bps YoY).
- Management aims for INR3,000 crores total revenue in 5-6 years, leveraging existing API and formulation capacities (INR2,200 Cr from API, INR600-700 Cr from formulation).
- Injectable facility is commercialized, currently at 5% utilization, with sales to emerging markets expected to start next year; H2 FY27 to focus on domestic contract manufacturing.
- EBITDA margins are projected to improve, targeting 40% by FY28 with full ramp-up of new businesses (injectable, Stellon).
Business Update
Neutral
2026-08-03 18:13
- Earnings Call for Q1 FY27 (Quarter ended June 30, 2026) was conducted on August 03, 2026.
- The audio recording of the conference call is now available on the company's website.
Financials
Positive
2026-08-01 18:57
- Consolidated Revenue ₹257 Cr vs ₹204 Cr (▲26.2% YoY)
- EBITDA ₹82 Cr vs ₹61 Cr (▲34.2% YoY)
- PAT ₹58 Cr vs ₹44 Cr (▲31.0% YoY)
- EBITDA Margin 32.0% vs 30.1% (▲190bps)
Governance
Positive
2026-08-01 17:57
- Concord Biotech Limited held its 41st Annual General Meeting (AGM) on July 31, 2026.
- All six resolutions, including the adoption of financial statements, declaration of dividend, director appointments, and approval of enhanced limits for inter-corporate loans/guarantees, were passed with requisite majority.
Governance
Neutral
2026-07-31 19:58
- The 41st Annual General Meeting (AGM) of Concord Biotech Limited was held on July 31, 2026, via Video Conferencing.
- The Chairman presented on FY26 operations, financial performance, and future prospects.
- Statutory and Secretarial Audit Reports had no qualifications or adverse remarks.
- Voting results will be declared within two working days.
Financials
Positive
2026-07-31 18:20
- Consolidated Revenue ₹257.49 Cr vs ₹203.99 Cr (▲26.22% YoY)
- EBITDA ₹83.65 Cr vs ₹62.89 Cr (▲33.01% YoY)
- PAT ₹57.70 Cr vs ₹44.06 Cr (▲30.95% YoY)
- EBITDA Margin 32.49% vs 30.83% (▲166bps)
Business Update
Neutral
2026-07-28 19:58
- Concall Schedule
- Concall Date: Monday, August 03, 2026
- Concall Time: 3:30 P.M. IST
Governance
Positive
2026-07-07 17:36
- 41st Annual General Meeting (AGM) scheduled for Friday, July 31, 2026, at 12:00 Noon.
- Record Date for final dividend for FY ended March 31, 2026, is Friday, July 24, 2026.
- Book Closure from Saturday, July 25, 2026, to Friday, July 31, 2026.
- Dividend payment, if approved, will be by August 30, 2026.
Governance
Positive
2026-07-07 15:52
- 41st Annual General Meeting (AGM) on July 31, 2026, via VC/OAVM. The record date for e-voting and dividend is July 24, 2026.
- Board recommended a dividend of ₹7.55 per equity share (755%) for FY 2025-26.
- Proposed appointment of Mrs. Ekta Gupta as an Independent Director for 5 years.
- Proposal to enhance inter-corporate loan/guarantee limits to ₹500 Crores.
Routine
Neutral
2026-06-27 11:09
- The trading window for equity shares will be closed from July 01, 2026.
- It will reopen 48 hours after the Unaudited Financial Results for the quarter ended June 30, 2026, are declared.
Business Update
Positive
2026-06-25 10:11
- Successful completion of inspection by Pharmacy and Poisons Board (Kenya) and National Drug Authority (Uganda) at Unit-II formulation facility.
- The inspection was conducted from June 18, 2026, to June 24, 2026.
- This reinforces the company's commitment to quality and strengthens its global manufacturing and regulatory footprint.
Business Update
Positive
2026-06-20 18:39
- Concord Biotech Limited to acquire 27.38% equity share capital in M/s FSGE Renewable Power Private Limited for ₹6.3 Crores.
- FSGE is setting up a Hybrid Wind Solar Power Project (6.3 MW AC Wind & 6.3 MWp DC Solar) in Gujarat for Concord Biotech's Limbasi Facility.
- The investment aligns with the company's sustainability commitment, aims to reduce its carbon footprint, and offers long-term financial benefits through energy cost reduction.
Business Update
Neutral
2026-06-19 15:18
- Investor Meetings Scheduled
- Date: 24th & 25th June 2026
- Time: 10:00 am onwards
- Organized by: Kotak Institutional Equities
- Nature: 1x1 / Group Meeting in Mumbai
Business Update
Neutral
2026-06-13 11:17
- Schedule of Analyst / Institutional Investor meetings
- Meeting Date: 17th June 2026
- Meeting Time: 10:30 am onwards
- Mode: Virtual
Business Update
Positive
2026-06-12 13:37
- Concord Biotech Limited announced the successful completion of an ANVISA inspection by the Brazilian Health Regulatory Agency at its Limbasi API Manufacturing Facility, conducted from June 8-12, 2026. This strengthens regulatory compliance and supports international expansion into key pharmaceutical markets.
Business Update
Positive
2026-06-10 10:13
- Concord Biotech received USFDA approval for its Abbreviated New Drug Application (ANDA) for Tofacitinib Tablets, 5 mg and 10 mg.
- Tofacitinib Tablets are indicated for the treatment of various adult and juvenile autoimmune conditions.
- The U.S. market for Tofacitinib Tablets is estimated at approximately US$ 500 million.
- This approval is expected to enhance the company's product offerings and support long-term growth.