Concord Biotech Ltd
Wed 21/05/2025,15:56:20 | NSE : CONCORDBIO
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Market Data
Essential tool: analyze, trade, manage, decide.
Open
₹ 1524.00
Previous Close
₹ 1512.80
Volume
49800
Mkt Cap ( Rs. Cr)
₹15797.05
High
₹ 1538.40
Low
₹ 1503.00
52 Week High
₹ 2664.00
52 Week Low
₹ 1327.05
Book Value Per Share
₹ 152.02
Dividend Yield
0.57
Face Value
₹ 1.00
What’s Your Call?
Collective community sentiment on Concord Biotech Ltd
Your Vote -
Buy
20.00%
Hold
20.00%
Sell
60.00%
20.00%
5 users have voted
Market Depth
How many stocks are available to buy or sell and at what prices.
Buy Order Quantity
100%
Sell Order Quantity
0%
Bid Price
Qty
1510.00
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Bid Total
20
Bid Price
Qty
0.00
0
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Bid Total
0
Option Chain
Analyzes market sentiment, predicts Concord Biotech Ltd' movement.
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News
Media spotlight triggers stock stock attention, sentiment.
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Concord Biotech Ltd. - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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Concord Biotech Ltd. - Cessation
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Concord Biotech Ltd. - Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
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Concord Biotech Ltd. - General Updates
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Concord Biotech Ltd. - Completion Of Inspection By United States Food And Drug Administration (USFDA) Of Our API Facility At
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Concord Biotech Ltd. - Disclosure under SEBI Takeover Regulations
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Concord Biotech Ltd. has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025
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Concord Biotech Ltd. - Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Concord Biotech Ltd. - General Updates
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Concord Biotech Ltd. - Disclosure Under Of SEBI (LODR) Regulations, 2015 'Concord Biotech Secures Abbreviated New Drug Applic
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Concord Biotech Ltd. - Commencement of commercial production/operations
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Concord Biotech Ltd. - Commencement Of Commercial Production At Unit-4, Valthera
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Concord Biotech Ltd. - Trading Window-XBRL
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Concord Biotech Ltd. - Trading Window
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Concord Biotech Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates
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Concord Biotech Ltd. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
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Concord Biotech Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates
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Concord Biotech Ltd. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
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Concord Biotech Ltd. - Acquisition-XBRL
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Concord Biotech Ltd. - Outcome of Board Meeting
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Concord Biotech Ltd. - Board Meeting Outcome for TO Make INVESTMENT IN M/S CLEAN MAX EVERGLADES PVT LTD FOR INSTALLATION OF H
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Concord Biotech Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates
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Concord Biotech Ltd. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
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Concord Biotech Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates
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Concord Biotech Ltd. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
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Concord Biotech Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates
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Concord Biotech Ltd. - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
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Concord Biotech gets USFDA nod for multiple sclerosis treatment
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Concord Biotech
Key fundamentals
Evaluate the intrinsic value of Concord Biotech Ltd stock
Name | March-24 | March-23 | March-22 | March-21 | |
---|---|---|---|---|---|
Assets | 1531.4819 | 1323.216 | 1167.7458 | 1061.0202 | |
Liabilities | 1531.4819 | 1323.216 | 1167.7458 | 1061.0202 | |
Equity | 10.4616 | 10.4616 | 9.5106 | 9.5106 | |
Gross Profit | 431.5571 | 343.2875 | 273.275 | 327.1095 | |
Net Profit | 304.7319 | 238.1264 | 178.5678 | 235.3348 | |
Cash From Operating Activities | 265.4671 | 246.0018 | 207.4734 | 166.8129 | |
NPM(%) | 29.96 | 27.91 | 25.04 | 38.17 | |
Revenue | 1016.9392 | 853.1682 | 712.9335 | 616.4044 | |
Expenses | 585.3821 | 509.8807 | 439.6585 | 289.2949 | |
ROE(%) | 19.16 | 14.97 | 11.22 | 14.79 |
Corporate Action
XD-Date | Dividend-Amount | Dividend-% | Dividend Yield(%GE) | Price on that day |
---|---|---|---|---|
21 Jun 2024 | 8.75 | 875 | 0.58 | 1459.2 |
Peers
Other companies within the same industry or sector that are comparable to Concord Biotech Ltd
Company | Price | Price (% change) | pe(x) | EV/EBITDA(x) | ROE(%) | ROCE(%) |
---|---|---|---|---|---|---|
Albert David Ltd | 810.15 | -0.84 | 26.88 | 864.93 | 301.39 | 0.62 |
Lotus Eye Hospital and Institute Ltd | 74.06 | 0.78 | 308.58 | 3151.68 | 14.01 | 0.68 |
Vaishali Pharma Ltd | 12.85 | -1.15 | 428.33 | 1624.50 | 2.76 | 0.00 |
Astec Lifesciences Ltd | 701.25 | -1.59 | 0.00 | 2971.76 | -687.11 | 0.00 |
Company Info
The Company was originally incorporated as `Servomed Pharmaceuticals Private Limited' ("Servomed") atAhmedabad, Gujarat as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated November 23, 1984, issued by the Registrar of Companies, Gujarat, at Ahmedabad ("RoC"). Servomed was authorized to carry out business of manufacturing, producing, refining, importing, exporting, dealing, distributing, wholesaling, retailing etc. of drugs, medicines, cosmetics, baby food, pharmaceuticals, antibiotics and similar or allied products. At the time of its incorporation, Servomed had three directors, namely, Surendra Shah, Madhukant Shah and Indravadan Shah.An application dated June 24, 1985 was filed for undertaking the change in the name of the company to `Concord Pharmaceuticals Private Limited' as the name `Concord' was capable of being easily pronounced and popularized in the pharmaceuticals industry, pursuant to which a revised certificate of incorporation dated September 24, 1985 was issued by the RoC. Subsequently, with effect from December 26, 1986, Concord Pharmaceuticals Private Limited deemed to have become a public company pursuant to Section 43A of Companies Act, 1956. Thereafter, the name of the Company was changed to `Concord Biotech Limited' as the new management of the Company decided to use the available plant and machinery for biotechnology products, and a fresh certificate of incorporation dated February 16, 2001 was issued by the RoC. Subsequently, the Company became a public company from a deemed public company and a fresh certificate of incorporation dated November 7, 2001 was issued by the RoC.Major Events and Milestones in the History of the Company1984- Incorporation of Servomed Pharmaceuticals Private Limited"1985- Change in the name to "Concord Pharmaceuticals Private Limited"1986- Conversion to a deemed public company pursuant to Section 43A of Companies Act, 19562000- Acquisition of the Company by Mr. Sudhir Vaid, one of the Promoters.2001- Renaming of the Company to "Concord Biotech Limited".2002- Expansion of production capacity of enzymes.2003- Certification of the facility at Dholka for commissioning and commencement of production of various enzymes by technical consultants.2004- Investment by Rakesh Jhunjhunwala and Rekha Jhunjhunwala in the Company.2005- First USFDA inspection and classification of the API facility as acceptable.2008- Second USFDA inspection and classification of the API facility as acceptable.2010- Received drug master file registration certificate for tacrolimus hydrate from Pharmaceuticals and Medical Devices Agency, Japan.2011- First EU GMP inspection of the manufacturing facility by Government of Upper BavariaCentral Medicines Control Bavaria (GMP/GCP).- Initiated CRAMs services in areas of new chemical entity ("NCE") or Generic APIs.2012- Received original drug substance registration certificate for mycophenolate mofetil from Pharmaceuticals and Medical Devices Agency, Japan.2013- Third USFDA inspection and classification of the API facility as acceptable.2014- Received certificate of drug substance registry for Ciclosporin JP from Pharmaceuticals and Medical Devices Agency, Japan.2015- Fourth USFDA inspection of the Dholka facility and conclusion of inspection as `closed'.- Second EU GMP inspection of the manufacturing facility.- Received accreditation certificate of foreign drug manufacturing for non-sterile drugs from Minister of Health, Labthe and Welfare of Japan.2016- Established a facility at Valthera, Gujarat.- Recognition of the in-house R&D facility located at Valthera by Ministry of Science and Technology, Government of India.- Investment from Helix Investment Holdings Pte. Limited.2017- First USFDA inspection at the Valthera facility and receipt of establishment inspection report.2018- Fifth USFDA inspection and received `no action indicated' classification for the facility located at Dholka.- Grant of GMP certification from Food and Drugs Control Administration for Valthera and Dholka units Second USFDA inspection at the facility located in Valthera facility and receipt of establishment inspection report.- Established Joint Venture in Japan pursuant to growing business opportunities in Japan.2019- Received two ANDA approvals.- Expansion of the company's business in critical care segment in India.- Commencement of marketing of Mycophenolate Mofetil Capsules USP 250 mg.2020- Board of the Company permitted the layout plan for the proposed injectable manufacturing unit at Valthera facility.- Received two ANDA approvals.- First shipment of Mycophenolate Sodium Tablets, in US market.2021- Commenced operations at second API facility at Limbasi.- Third EU GMP inspection of the manufacturing facility located in Dholka.2023- Completion of the USFDA inspection at the Limbasi facility
The Company was originally incorporated as `Servomed Pharmaceuticals Private Limited' ("Servomed") atAhmedabad, Gujarat as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated November 23, 1984, issued by the Registrar of Companies, Gujarat, at Ahmedabad ("RoC"). Servomed was authorized to carry out business of manufacturing, producing, refining, importing, exporting, dealing, distributing, wholesaling, retailing etc. of drugs, medicines, cosmetics, baby food, pharmaceuticals, antibiotics and similar or allied products. At the time of its incorporation, Servomed had three directors, namely, Surendra Shah, Madhukant Shah and Indravadan Shah.An application dated June 24, 1985 was filed for undertaking the change in the name of the company to `Concord Pharmaceuticals Private Limited' as the name `Concord' was capable of being easily pronounced and popularized in the pharmaceuticals industry, pursuant to which a revised certificate of incorporation dated September 24, 1985 was issued by the RoC. Subsequently, with effect from December 26, 1986, Concord Pharmaceuticals Private Limited deemed to have become a public company pursuant to Section 43A of Companies Act, 1956. Thereafter, the name of the Company was changed to `Concord Biotech Limited' as the new management of the Company decided to use the available plant and machinery for biotechnology products, and a fresh certificate of incorporation dated February 16, 2001 was issued by the RoC. Subsequently, the Company became a public company from a deemed public company and a fresh certificate of incorporation dated November 7, 2001 was issued by the RoC.Major Events and Milestones in the History of the Company1984- Incorporation of Servomed Pharmaceuticals Private Limited"1985- Change in the name to "Concord Pharmaceuticals Private Limited"1986- Conversion to a deemed public company pursuant to Section 43A of Companies Act, 19562000- Acquisition of the Company by Mr. Sudhir Vaid, one of the Promoters.2001- Renaming of the Company to "Concord Biotech Limited".2002- Expansion of production capacity of enzymes.2003- Certification of the facility at Dholka for commissioning and commencement of production of various enzymes by technical consultants.2004- Investment by Rakesh Jhunjhunwala and Rekha Jhunjhunwala in the Company.2005- First USFDA inspection and classification of the API facility as acceptable.2008- Second USFDA inspection and classification of the API facility as acceptable.2010- Received drug master file registration certificate for tacrolimus hydrate from Pharmaceuticals and Medical Devices Agency, Japan.2011- First EU GMP inspection of the manufacturing facility by Government of Upper BavariaCentral Medicines Control Bavaria (GMP/GCP).- Initiated CRAMs services in areas of new chemical entity ("NCE") or Generic APIs.2012- Received original drug substance registration certificate for mycophenolate mofetil from Pharmaceuticals and Medical Devices Agency, Japan.2013- Third USFDA inspection and classification of the API facility as acceptable.2014- Received certificate of drug substance registry for Ciclosporin JP from Pharmaceuticals and Medical Devices Agency, Japan.2015- Fourth USFDA inspection of the Dholka facility and conclusion of inspection as `closed'.- Second EU GMP inspection of the manufacturing facility.- Received accreditation certificate of foreign drug manufacturing for non-sterile drugs from Minister of Health, Labthe and Welfare of Japan.2016- Established a facility at Valthera, Gujarat.- Recognition of the in-house R&D facility located at Valthera by Ministry of Science and Technology, Government of India.- Investment from Helix Investment Holdings Pte. Limited.2017- First USFDA inspection at the Valthera facility and receipt of establishment inspection report.2018- Fifth USFDA inspection and received `no action indicated' classification for the facility located at Dholka.- Grant of GMP certification from Food and Drugs Control Administration for Valthera and Dholka units Second USFDA inspection at the facility located in Valthera facility and receipt of establishment inspection report.- Established Joint Venture in Japan pursuant to growing business opportunities in Japan.2019- Received two ANDA approvals.- Expansion of the company's business in critical care segment in India.- Commencement of marketing of Mycophenolate Mofetil Capsules USP 250 mg.2020- Board of the Company permitted the layout plan for the proposed injectable manufacturing unit at Valthera facility.- Received two ANDA approvals.- First shipment of Mycophenolate Sodium Tablets, in US market.2021- Commenced operations at second API facility at Limbasi.- Third EU GMP inspection of the manufacturing facility located in Dholka.2023- Completion of the USFDA inspection at the Limbasi facility
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Parent Organisation
Concord Biotech Ltd.
Founded
23/11/1984
Managing Director
Mr.Ankur Vaid
NSE Symbol
CONCORDBIOEQ
FAQ
The current price of Concord Biotech Ltd is ₹ 1510.00.
The 52-week high for Concord Biotech Ltd is ₹ 1538.40 and the 52-week low is ₹ 1503.00.
The market capitalization of Concord Biotech Ltd is currently ₹ 15797.05. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.
To buy Concord Biotech Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.
To invest in Concord Biotech Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Concord Biotech Ltd shares.
The CEO of Concord Biotech Ltd is Mr.Ankur Vaid, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.