Biocon Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Low debt relative to equity (D/E 0.5x)
Concerns
- ✗Low capital efficiency (ROCE 3.6%)
- ✗Premium to sector peers (P/E 183x vs industry 54.4x)
- ✗Trading near 52-week high (₹447)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| SUNPHARMA Sun Pharmaceutical Industries Limited | ₹1,944 | ₹4.6L Cr | 37.3 | 5.59 | 16 | 20.5 | 0.07 |
| DIVISLAB Divi's Laboratories Limited | ₹7,388 | ₹1.9L Cr | 73.4 | 11.71 | 16.5 | 22 | 0.01 |
| TORNTPHARM Torrent Pharmaceuticals Limited | ₹5,040 | ₹1.6L Cr | 73.6 | 20.32 | 27.4 | 15.2 | 0.33 |
| APOLLOHOSP Apollo Hospitals Enterprise Limited | ₹8,939 | ₹1.3L Cr | 64.9 | 13.56 | 22.1 | 17.9 | 0.88 |
| CIPLA Cipla Limited | ₹1,416 | ₹1.1L Cr | 30.1 | 3.32 | 11.6 | 15.5 | 0.01 |
| ZYDUSLIFE Zydus Lifesciences Limited | ₹1,123 | ₹1.1L Cr | 21 | 4.17 | 21.2 | 21.1 | 0.38 |
| LUPIN Lupin Limited | ₹2,405 | ₹1.1L Cr | 19.6 | 4.9 | 28.7 | 29.9 | 0.32 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
BIOCON · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 60.64% | 60.64% | 60.64% | 60.64% | 60.64% | 60.64% |
| FII | 6.55% | 5.63% | 5.90% | 5.93% | 5.66% | 5.67% |
| DII | 14.51% | 13.69% | 14.29% | 14.44% | 15.36% | 15.73% |
| Public | 17.96% | 19.74% | 18.90% | 18.74% | 18.11% | 17.77% |
| Others | 0.33% | 0.32% | 0.28% | 0.25% | 0.22% | 0.21% |
Corporate Events
Dividend - Re 0.50 Per Share
To consider and approve the financial results for the period ended March 31, 2026 and dividend
To consider Fund Raising
Dividend - Rs 0.50 Per Share
Dividend - Re 0.50 Per Share
Dividend - Rs 1.50 Per Share
Latest News
All news →Q4 results for Britannia, BSE, Biocon, Dabur out today
*Q4 results for Britannia, BSE, Biocon, Dabur out today.* Investors await key data on revenue, margins, and guidance. Any **beat or miss** on **₹** expectations could drive volatility in F&O contracts. Watch for management commentary on demand trends and capex plans. 📊 *STOCKS:* BRITANNIA | 🏢 *SECTOR:* Earnings | #HIGHIMPACT #Earnings
Biocon announces pivotal clinical data for Yesafili biosimilar
*Biocon announces pivotal clinical data for Yesafili biosimilar*. Biocon has announced the publication of pivotal clinical data supporting the effectiveness of Yesafili, its biosimilar to Eylea® (Aflibercept), in a press release dated July 09, 2026. The data reinforces the drug’s potential in ophthalmic indications and could support future regulatory approvals and market expansion. Positive clinical outcomes may enhance commercial prospects in the growing biosimilars market. 📊 *STOCKS:* BIOCON | 🏢 *SECTOR:* Pharma | #MEDIUMIMPACT #Pharma
Biocon's partner secures insulin tenders in Malaysia
*Biocon's partner Duopharma Biotech secures key insulin tenders in Malaysia.* This reinforces Biocon’s footprint in diabetes care abroad. The win highlights growing international demand for its insulin products. **No financials disclosed**, but strategic impact is positive. 📊 *STOCKS:* BIOCON | 🏢 *SECTOR:* Pharma | #MEDIUMIMPACT #DiabetesCare
Laurus Labs, Biocon among MSCI index inclusion candidates
*Laurus Labs, Biocon among MSCI India index inclusion candidates.* Inclusion in the MSCI India Standard Index could attract **$200–300 million** in passive inflows. Stocks not yet confirmed but seen as strong contenders based on market cap and liquidity. A final decision will be announced by MSCI next week. 📊 *STOCKS:* LAURUSLABS, BIOCON | 🏢 *SECTOR:* Pharma | #MEDIUMIMPACT #MSCI
MSCI rejig may bring ₹30,000 cr inflows; Laurus, Biocon to benefit
*MSCI's August index rejig could trigger over **₹30,000 crore** in foreign inflows into Indian markets.* Laurus Labs and Biocon are leading candidates for inclusion, potentially drawing passive fund flows. Stocks on the watchlist often see pre-rejig accumulation by FPIs. Inclusion may boost near-term demand and liquidity. 📊 *STOCKS:* LAURUSLABS, BIOCON | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #MSCI
Laurus, Biocon, SAIL eyed for MSCI India index inclusion
*Laurus, Biocon, SAIL eyed for MSCI India index inclusion.* Stocks under consideration may see **$100–150 million** in passive inflows if included. MSCI's decision could boost FII interest and trading volumes ahead of rebalance. Final announcement expected by month-end. 📊 *STOCKS:* LAURUSLABS, BIOCON, SAIL | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #MSCI
Biocon shares rise 5% on block deal activity
*Biocon shares rise 5% on block deal activity.* The surge follows significant block deals on NSE and BSE, indicating strong institutional interest. **₹300 crore** worth of shares changed hands in bulk deals. Volume spiked to **2.5x** average levels, signaling short-term trading momentum. 📊 *STOCKS:* BIOCON | 🏢 *SECTOR:* Pharma | #LOWIMPACT #blockdeal
SC upholds SAT relief in Biocon insider trading case
*SC upholds SAT relief in Biocon insider trading case.* The Supreme Court has upheld the Securities Appellate Tribunal's decision to grant relief to a former Biocon executive in an insider trading case. This reaffirms the lower tribunal’s findings, though no penalty or market-moving financial outcome was imposed on the company. The ruling is seen as a legal clarification rather than a financial risk. 📊 *STOCKS:* BIOCON | 🏢 *SECTOR:* Pharma | #LOWIMPACT #Legal
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.2K Cr ▼2.9% | ₹4.3K Cr ▲9.0% | ₹3.9K Cr ▼10.8% | ₹4.4K Cr ▲15.6% | ₹3.8K Cr ▲6.4% | ₹3.6K Cr ▲4.6% | ₹3.4K Cr ▼12.4% | ₹3.9K Cr |
| Op. Profit | ₹834 Cr ▼0.1% | ₹835 Cr ▲11.5% | ₹749 Cr ▼30.5% | ₹1.1K Cr ▲43.4% | ₹752 Cr ▲9.8% | ₹685 Cr ▲10.5% | ₹620 Cr ▼32.1% | ₹913 Cr |
| OPM | 20.0% ▲5.3% | 19.0% ▲0.0% | 19.0% ▼20.8% | 24.0% ▲20.0% | 20.0% ▲5.3% | 19.0% ▲5.6% | 18.0% ▼21.7% | 23.0% |
| Net Profit | ₹-52 Cr ▼139.1% | ₹133 Cr ▲49.4% | ₹89 Cr ▼80.6% | ₹459 Cr ▲466.7% | ₹81 Cr ▲200.0% | ₹27 Cr ▼96.9% | ₹862 Cr ▲286.5% | ₹223 Cr |
| EPS (₹) | 1.08 ▲71.4% | 0.63 ▲173.9% | 0.23 ▼92.0% | 2.87 ▲1266.7% | 0.21 ▲261.5% | -0.13 ▼102.4% | 5.49 ▲385.8% | 1.13 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹16.9K Cr ▲10.9% | ₹15.3K Cr ▲3.4% | ₹14.8K Cr ▲32.1% | ₹11.2K Cr ▲36.5% | ₹8.2K Cr ▲14.6% | ₹7.1K Cr ▲13.4% | ₹6.3K Cr ▲14.3% | ₹5.5K Cr ▲33.7% | ₹4.1K Cr ▲6.0% | ₹3.9K Cr |
| Expenses | ₹13.5K Cr ▲12.1% | ₹12.0K Cr ▲4.1% | ₹11.5K Cr ▲31.7% | ₹8.8K Cr ▲37.1% | ₹6.4K Cr ▲14.9% | ₹5.6K Cr ▲18.4% | ₹4.7K Cr ▲14.0% | ₹4.1K Cr ▲25.1% | ₹3.3K Cr ▲13.1% | ₹2.9K Cr |
| Op. Profit | ₹3.5K Cr ▲6.7% | ₹3.3K Cr ▲1.2% | ₹3.2K Cr ▲33.3% | ₹2.4K Cr ▲34.5% | ₹1.8K Cr ▲13.4% | ₹1.6K Cr ▼1.4% | ₹1.6K Cr ▲15.1% | ₹1.4K Cr ▲68.2% | ₹829 Cr ▼15.4% | ₹980 Cr |
| OPM | 21.0% ▲0.0% | 21.0% ▼4.5% | 22.0% ▲0.0% | 22.0% ▲0.0% | 22.0% ▲0.0% | 22.0% ▼12.0% | 25.0% ▲0.0% | 25.0% ▲25.0% | 20.0% ▼20.0% | 25.0% |
| Other Income | ₹-76 Cr ▼106.2% | ₹1.2K Cr ▲42.7% | ₹853 Cr ▲4638.9% | ₹18 Cr ▼75.0% | ₹72 Cr ▼72.3% | ₹260 Cr ▲30.7% | ₹199 Cr ▼41.5% | ₹340 Cr ▲49.1% | ₹228 Cr ▲31.8% | ₹173 Cr |
| Interest | ₹990 Cr ▲10.4% | ₹897 Cr ▼7.9% | ₹974 Cr ▲132.5% | ₹419 Cr ▲516.2% | ₹68 Cr ▲17.2% | ₹58 Cr ▼10.8% | ₹65 Cr ▼8.5% | ₹71 Cr ▲14.5% | ₹62 Cr ▲138.5% | ₹26 Cr |
| Depreciation | ₹2.0K Cr ▲16.0% | ₹1.7K Cr ▲7.5% | ₹1.6K Cr ▲41.0% | ₹1.1K Cr ▲36.7% | ₹814 Cr ▲13.8% | ₹715 Cr ▲29.5% | ₹552 Cr ▲23.2% | ₹448 Cr ▲16.4% | ₹385 Cr ▲39.0% | ₹277 Cr |
| PBT | ₹448 Cr ▼76.3% | ₹1.9K Cr ▲23.7% | ₹1.5K Cr ▲70.0% | ₹897 Cr ▼8.7% | ₹983 Cr ▼8.0% | ₹1.1K Cr ▼9.9% | ₹1.2K Cr ▼2.4% | ₹1.2K Cr ▲99.2% | ₹610 Cr ▼28.2% | ₹850 Cr |
| Tax % | 18.0% ▼25.0% | 24.0% ▲60.0% | 15.0% ▼46.4% | 28.0% ▲27.3% | 22.0% ▲4.8% | 21.0% ▼22.2% | 27.0% ▲58.8% | 17.0% ▼34.6% | 26.0% ▲36.8% | 19.0% |
| Net Profit | ₹369 Cr ▼74.2% | ₹1.4K Cr ▲10.1% | ₹1.3K Cr ▲101.9% | ₹643 Cr ▼16.7% | ₹772 Cr ▼8.7% | ₹846 Cr ▼2.9% | ₹871 Cr ▼13.2% | ₹1.0K Cr ▲121.4% | ₹453 Cr ▼34.2% | ₹688 Cr |
| EPS (₹) | 2.38 ▼71.8% | 8.44 ▼0.9% | 8.52 ▲121.3% | 3.85 ▼28.7% | 5.4 ▼12.5% | 6.17 ▼1.1% | 6.24 ▼17.2% | 7.54 ▲143.2% | 3.1 ▼39.2% | 5.1 |
| Div Payout | 21.0% ▲250.0% | 6.0% ▲0.0% | 6.0% ▼84.6% | 39.0% ▲333.3% | 9.0% | 0.0% | 0.0% ▼100.0% | 7.0% ▼56.3% | 16.0% ▲60.0% | 10.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹668 Cr ▲11.3% | ₹600 Cr ▲0.0% | ₹600 Cr ▲0.0% | ₹600 Cr ▲0.0% | ₹600 Cr ▲0.0% | ₹600 Cr ▲0.0% | ₹600 Cr ▲100.0% | ₹300 Cr ▲0.0% | ₹300 Cr ▲200.0% | ₹100 Cr |
| Reserves | ₹26.1K Cr ▲24.2% | ₹21.0K Cr ▲9.7% | ₹19.2K Cr ▲11.1% | ₹17.3K Cr ▲120.5% | ₹7.8K Cr ▲11.5% | ₹7.0K Cr ▲15.1% | ₹6.1K Cr ▲5.3% | ₹5.8K Cr ▲18.8% | ₹4.9K Cr ▲3.0% | ₹4.7K Cr |
| Borrowings | ₹16.5K Cr ▼9.9% | ₹18.4K Cr ▲12.8% | ₹16.3K Cr ▼9.7% | ₹18.0K Cr ▲250.1% | ₹5.1K Cr ▲14.9% | ₹4.5K Cr ▲65.0% | ₹2.7K Cr ▲12.1% | ₹2.4K Cr ▲7.0% | ₹2.3K Cr ▼1.7% | ₹2.3K Cr |
| Other Liabilities | ₹19.4K Cr ▲4.8% | ₹18.5K Cr ▼5.9% | ₹19.7K Cr ▲24.2% | ₹15.9K Cr ▲134.5% | ₹6.8K Cr ▲6.0% | ₹6.4K Cr ▲27.8% | ₹5.0K Cr ▲36.0% | ₹3.7K Cr ▲44.3% | ₹2.5K Cr ▲12.9% | ₹2.3K Cr |
| Total Liabilities | ₹62.8K Cr ▲7.2% | ₹58.5K Cr ▲5.0% | ₹55.8K Cr ▲7.8% | ₹51.7K Cr ▲154.4% | ₹20.3K Cr ▲10.0% | ₹18.5K Cr ▲28.3% | ₹14.4K Cr ▲18.2% | ₹12.2K Cr ▲22.0% | ₹10.0K Cr ▲6.3% | ₹9.4K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹37.3K Cr ▲16.6% | ₹32.0K Cr ▲4.3% | ₹30.6K Cr ▲4.0% | ₹29.5K Cr ▲348.6% | ₹6.6K Cr ▲3.2% | ₹6.4K Cr ▲6.6% | ₹6.0K Cr ▲33.5% | ₹4.5K Cr ▲20.8% | ₹3.7K Cr ▲2.0% | ₹3.6K Cr |
| CWIP | ₹4.7K Cr ▼45.3% | ₹8.5K Cr ▲6.4% | ₹8.0K Cr ▲9.2% | ₹7.3K Cr ▲78.0% | ₹4.1K Cr ▲46.8% | ₹2.8K Cr ▲27.5% | ₹2.2K Cr ▲15.6% | ₹1.9K Cr ▲45.7% | ₹1.3K Cr ▲55.3% | ₹839 Cr |
| Investments | ₹2.3K Cr ▲107.0% | ₹1.1K Cr ▲12.7% | ₹1.0K Cr ▼51.7% | ₹2.1K Cr ▲30.3% | ₹1.6K Cr ▼18.6% | ₹2.0K Cr ▲102.1% | ₹966 Cr ▼4.5% | ₹1.0K Cr ▲49.9% | ₹675 Cr ▼46.1% | ₹1.3K Cr |
| Other Assets | ₹18.5K Cr ▲9.3% | ₹16.9K Cr ▲5.1% | ₹16.1K Cr ▲25.1% | ₹12.9K Cr ▲59.6% | ₹8.1K Cr ▲9.5% | ₹7.4K Cr ▲39.6% | ₹5.3K Cr ▲9.8% | ₹4.8K Cr ▲11.6% | ₹4.3K Cr ▲17.3% | ₹3.7K Cr |
| Total Assets | ₹62.8K Cr ▲7.2% | ₹58.5K Cr ▲5.0% | ₹55.8K Cr ▲7.8% | ₹51.7K Cr ▲154.4% | ₹20.3K Cr ▲10.0% | ₹18.5K Cr ▲28.3% | ₹14.4K Cr ▲18.2% | ₹12.2K Cr ▲22.0% | ₹10.0K Cr ▲6.3% | ₹9.4K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹4.1K Cr ▲37.5% | ₹3.0K Cr ▲59.5% | ₹1.9K Cr ▲57.3% | ₹1.2K Cr ▲1.5% | ₹1.2K Cr ▼9.6% | ₹1.3K Cr ▲11.1% | ₹1.2K Cr ▲74.5% | ₹662 Cr ▲3.4% | ₹640 Cr ▲72.5% | ₹371 Cr |
| Investing CF | ₹-203 Cr ▲79.7% | ₹-1.0K Cr ▲93.0% | ₹-14.3K Cr ▼758.0% | ₹-1.7K Cr ▲54.5% | ₹-3.7K Cr ▼142.6% | ₹-1.5K Cr ▼114.1% | ₹-703 Cr ▼2.8% | ₹-684 Cr ▼34.1% | ₹-510 Cr ▲55.2% | ₹-1.1K Cr |
| Financing CF | ₹-1.9K Cr ▲20.5% | ₹-2.3K Cr ▼117.9% | ₹13.0K Cr ▲5292.1% | ₹242 Cr ▼90.6% | ₹2.6K Cr ▲560.8% | ₹388 Cr ▲260.3% | ₹-242 Cr ▼0.8% | ₹-240 Cr ▼34.8% | ₹-178 Cr ▼116.7% | ₹1.1K Cr |
| Net Cash Flow | ₹2.0K Cr ▲627.4% | ₹-380 Cr ▼159.3% | ₹641 Cr ▲363.8% | ₹-243 Cr ▼437.5% | ₹72 Cr ▼56.4% | ₹165 Cr ▼21.4% | ₹210 Cr ▲180.5% | ₹-261 Cr ▼455.3% | ₹-47 Cr ▼115.7% | ₹300 Cr |
| Free Cash Flow | ₹1.7K Cr ▲64.2% | ₹1.0K Cr ▲710.9% | ₹129 Cr ▲117.3% | ₹-746 Cr ▼29.3% | ₹-577 Cr ▼5.7% | ₹-546 Cr ▼62.0% | ₹-337 Cr ▼34.3% | ₹-251 Cr ▼884.4% | ₹32 Cr ▲113.0% | ₹-246 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 131d ▼14.9% | 154d ▲31.6% | 117d ▲27.2% | 92d ▲19.5% | 77d ▲8.5% | 71d ▼17.4% | 86d ▼8.5% | 94d ▲13.3% | 83d ▲6.4% | 78d |
| Inventory Days | 346d ▼6.0% | 368d ▼13.0% | 423d ▲36.9% | 309d ▲1.6% | 304d ▲15.6% | 263d ▲32.2% | 199d ▲23.6% | 161d ▲0.6% | 160d ▲4.6% | 153d |
| Days Payable | 460d ▼1.5% | 467d ▲21.9% | 383d ▲77.3% | 216d ▼12.2% | 246d ▲1.2% | 243d ▲5.2% | 231d ▲3.1% | 224d ▲19.8% | 187d ▲8.7% | 172d |
| Cash Conv. Cycle | 18d ▼67.3% | 55d ▼65.0% | 157d ▼14.7% | 184d ▲37.3% | 134d ▲47.3% | 91d ▲71.7% | 53d ▲71.0% | 31d ▼45.6% | 57d ▼3.4% | 59d |
| Working Capital Days | -63d ▲7.4% | -68d ▼2366.7% | 3d ▼95.8% | 71d ▲787.5% | 8d ▲125.8% | -31d ▼1450.0% | -2d ▼133.3% | 6d ▼75.0% | 24d ▲300.0% | -12d |
| ROCE | 6.0% ▲0.0% | 6.0% ▲0.0% | 6.0% ▼33.3% | 9.0% ▼10.0% | 10.0% ▼23.1% | 13.0% ▲0.0% | 13.0% ▲62.5% | 8.0% ▼33.3% | 12.0% ▲33.3% | 9.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Biocon Limited
Biocon is engaged in the business of manufacture of biotechnology products and research services.(Source : 202003-01 Annual Report Page No:195)
Healthcare · Pharmaceuticals & Biotechnology