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Concord Biotech Ltd

Wed 21/05/2025,15:56:20 | NSE : CONCORDBIO

₹ 1510.00-2.80 (-0.19%)

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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

0.00

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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.

  • Concord Biotech Ltd. - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    13 May 2025, 7:07PM CONCORD BIOTECH LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Age
  • Concord Biotech Ltd. - Cessation

    13 May 2025, 7:06PM Concord Biotech Limited has informed the Exchange regarding Cessation of Mr Prakash Sajnani as Company Secretary & Compliance Officer of the company
  • Concord Biotech Ltd. - Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer

    13 May 2025, 7:01PM Pursuant to Reg 30 of the SEBI(LODR) 2015, this is to inform that CS Prakash Sajnani, vide letter dated 13/05/2025, has tendered his resignation from
  • Concord Biotech Ltd. - General Updates

    2 May 2025, 5:29PM Completion of Inspection by United States Food and Drug Administration (USFDA) Of our API Facility At Dholka.
  • Concord Biotech Ltd. - Completion Of Inspection By United States Food And Drug Administration (USFDA) Of Our API Facility At

    2 May 2025, 5:24PM The Company has announced the completion of the United States Food and Drug Administration (USFDA) inspection of our API facility at Dholka. The Inspe
  • Concord Biotech Ltd. - Disclosure under SEBI Takeover Regulations

    28 Apr 2025, 1:13PM Sudhir Vaid has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acqui
  • Concord Biotech Ltd. has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    19 Apr 2025, 5:10PM As of March 2025, 44.08% is owned by Indian Promoters and 55.92% by Public. <p align=justify> Institutional holds 18.51% (Insurance Companies 3.35%) a
  • Concord Biotech Ltd. - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    9 Apr 2025, 12:56PM Concord Biotech Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Concord Biotech Ltd. - General Updates

    8 Apr 2025, 6:04PM Concord Biotech Limited has informed the Exchange about General Updates
  • Concord Biotech Ltd. - Disclosure Under Of SEBI (LODR) Regulations, 2015 'Concord Biotech Secures Abbreviated New Drug Applic

    8 Apr 2025, 6:01PM The company has been granted final approval from the USFDA for marketing its Teriflunomide tablets 7mg and 14mg
  • Concord Biotech Ltd. - Commencement of commercial production/operations

    25 Mar 2025, 11:11AM Concord Biotech Limited has informed the Exchange about Commencement of commercial production/operations
  • Concord Biotech Ltd. - Commencement Of Commercial Production At Unit-4, Valthera

    25 Mar 2025, 11:06AM Enclosed herewith announcement about successfully commissioned and commenced production of Injectable at our Manufacturing facility situated at Valt
  • Concord Biotech Ltd. - Trading Window-XBRL

    24 Mar 2025, 3:49PM CONCORD BIOTECH LIMITED has informed the Exchange about Closure of Trading Window
  • Concord Biotech Ltd. - Trading Window

    22 Mar 2025, 2:33PM Concord Biotech Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations,
  • Concord Biotech Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates

    18 Mar 2025, 1:42PM Concord Biotech Limited has informed the Exchange about Schedule of meet
  • Concord Biotech Ltd. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    18 Mar 2025, 1:52PM Intimation of Schedule of Analyst / Institutional Investor meetings under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015
  • Concord Biotech Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates

    10 Mar 2025, 5:38PM Concord Biotech Limited has informed the Exchange about Schedule of meet
  • Concord Biotech Ltd. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    10 Mar 2025, 5:35PM Intimation of Schedule of Analyst / Institutional Investor meetings under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015
  • Concord Biotech Ltd. - Acquisition-XBRL

    4 Mar 2025, 1:00PM CONCORD BIOTECH LIMITED has informed the Exchange regarding Acquisition
  • Concord Biotech Ltd. - Outcome of Board Meeting

    4 Mar 2025, 11:35AM Concord Biotech Limited has informed the Exchange regarding Outcome of Board Meeting held on March 04, 2025.
  • Concord Biotech Ltd. - Board Meeting Outcome for TO Make INVESTMENT IN M/S CLEAN MAX EVERGLADES PVT LTD FOR INSTALLATION OF H

    4 Mar 2025, 11:31AM To Invest in M/s Clean Max Everglades Private limited Rs. 6,09,58,836/- through Right Issue for installation of Hybrid renewable energy Plant
  • Concord Biotech Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates

    1 Mar 2025, 10:42AM Concord Biotech Limited has informed the Exchange about Schedule of meet
  • Concord Biotech Ltd. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    1 Mar 2025, 10:38AM Intimation of Schedule of Analyst / Institutional Investor meetings under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015
  • Concord Biotech Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates

    22 Feb 2025, 9:39AM Concord Biotech Limited has informed the Exchange about Schedule of meet
  • Concord Biotech Ltd. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    22 Feb 2025, 9:43AM Intimation of Schedule of Analyst / Institutional Investor meetings under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015
  • Concord Biotech Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates

    21 Feb 2025, 10:22AM Concord Biotech Limited has informed the Exchange about Transcript
  • Concord Biotech Ltd. - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    21 Feb 2025, 10:18AM Enclosed herewith the transcripts of Q3/9M-FY25 Earning Call held on the 14th February, 2025
  • Concord Biotech gets USFDA nod for multiple sclerosis treatment

    9 Apr 2025 , 11:46AM Concord Biotech secures Abbreviated New Drug Application (ANDA) approval to Market Teriflunomide Tablets, 7 mg and 14 mg, in the US
  • Concord Biotech

    9 Apr 2025 , 9:57AM The company received approval from the US FDA for marketing 7 mg and 14 mg Teriflunomide Tablets. Teriflunomide Tablets are used for treating patients with relapsing forms of multiple sclerosis. Positive

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

Shareholding Pattern

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.

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