Concord Biotech Ltd
Incorporated in 1984, Concord Biotech Limited is an India-based R&D-driven biopharma company and manufacturer of fermentation-based APIs across immunosuppressants and oncology.[1]
- Market Cap ₹ 15,662 Cr.
- Current Price ₹ 1,497
- High / Low ₹ 1,725 / 900
- Stock P/E 51.4
- Book Value ₹ 129
- Dividend Yield 0.00 %
- ROCE 26.4 %
- ROE 19.8 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 11.7 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Pharmaceuticals Industry: Pharmaceuticals - Indian - Bulk Drugs & Formln
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|
512 | 616 | 713 | 853 | 971 | |
308 | 289 | 443 | 504 | 550 | |
Operating Profit | 205 | 327 | 270 | 349 | 421 |
OPM % | 40% | 53% | 38% | 41% | 43% |
32 | 14 | 23 | 37 | 44 | |
Interest | 1 | 1 | 6 | 10 | 4 |
Depreciation | 21 | 28 | 50 | 54 | 54 |
Profit before tax | 214 | 313 | 238 | 322 | 407 |
Tax % | 21% | 25% | 26% | 25% | |
169 | 235 | 175 | 240 | 305 | |
EPS in Rs | 177.81 | 247.44 | 183.93 | 22.95 | 29.11 |
Dividend Payout % | 22% | 0% | 3% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 19% |
TTM: | 20% |
Compounded Profit Growth | |
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10 Years: | % |
5 Years: | % |
3 Years: | 16% |
TTM: | 39% |
Stock Price CAGR | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
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10 Years: | % |
5 Years: | % |
3 Years: | 20% |
Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 10 | 10 |
Reserves | 761 | 990 | 1,094 | 1,280 | 1,344 |
52 | 86 | 62 | 32 | 23 | |
118 | 97 | 147 | 192 | 174 | |
Total Liabilities | 941 | 1,183 | 1,313 | 1,514 | 1,551 |
240 | 546 | 573 | 593 | 590 | |
CWIP | 141 | 18 | 74 | 173 | 188 |
Investments | 199 | 141 | 74 | 137 | 151 |
361 | 477 | 592 | 611 | 621 | |
Total Assets | 941 | 1,183 | 1,313 | 1,514 | 1,551 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
155 | 207 | 246 | ||
-114 | -112 | -158 | ||
-43 | -100 | -85 | ||
Net Cash Flow | -1 | -4 | 3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 131 | 105 | 119 | 117 |
Inventory Days | 312 | 503 | 434 | 430 |
Days Payable | 201 | 152 | 185 | 190 |
Cash Conversion Cycle | 242 | 456 | 368 | 357 |
Working Capital Days | 160 | 180 | 177 | 163 |
ROCE % | 32% | 21% | 26% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 25 Apr
- Compliance Certificate Under Regulation 7(3) Of SEBI (Listing Obligations And Disclosure Requirements) Regulation, 2015 For The Year Ended On 31St March, 2024 18 Apr
- Certificate Under Regulation 40(9) Of The SEBI (Listing Obligation And Disclosure Requirement) Regulations, 2015 18 Apr
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Reply To Clarification Sought On Volume Movement
15 Apr - The company has disclosed all the material information/announcement or events from time to time to the exchange which may have bearing on the operation/performance of …
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Clarification sought from Concord Biotech Ltd
15 Apr - Exchange has sought clarification from Concord Biotech Ltd on April 15, 2024, with reference to Movement in Volume.
Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Sep 2023TranscriptPPT
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Sep 2023Transcript PPT
Busines segments
A) APIs[1] Co manufactures API's through fermentation and semi-synthetic processes, across therapeutic areas of immunosuppressants, oncology, and anti-infectives
B) Formulations[2] which are used in therapeutic areas of immunosuppressants, nephrology and anti-infective drugs for critical care.