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Concord Biotech Limited is an India-based biopharma company that develops and manufactures fermentation-based APIs and formulations. It focuses on immunosuppressants, oncology, anti-infectives, nephrology, and critical care. The company operates three manufacturing facilities in Gujarat, India, with a total annual installed fermentation capacity of 1,250 m3 for APIs. Concord Biotech supplies products to over 70 countries, including regulated markets like the United States, Europe, and Japan. The company was originally incorporated in 1984, acquired by Sudhir Vaid in 2000, and launched its formulation business in 2016. It went public in August 2023 through an Initial Public Offer.
In the news

Concord Biotech Q1 profit jumps 32.84% to ₹58.53 crore

Concord Biotech clears Kenya, Uganda regulatory inspections

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Concord Biotech shares surge 8% on US FDA approval amid market volatility

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Company insights, generated from the most recent coverage.
Q1 FY27 revenue grew 26% to ₹257 Cr with EBITDA margin expanding 190 bps to 32%, signaling strong operational leverage.
Company has a zero-debt balance sheet with ₹442+ Cr in cash, supporting future capex and M&A opportunities.
Management guides for better-than-historical growth in FY27 and targets 40% EBITDA margins by FY28.