Biocon Ltd
BIOCONBiocon Ltd
BIOCON


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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
56.17 | 1.79 | 0.13% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
50.00 | 6.36 | 0.53% |
Forecast & Ratings
Detailed Forecast from 16 analysts
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Revenue
Rev. Growth
Company Profile
Biocon Limited is a biopharmaceutical company engaged in the research & development and manufacture of pharmaceuticals, medicinal chemical and botanical products.
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Forecasts
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Earnings
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Revenue Forecast
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Earnings Per Share Forecast
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 3,716.70 | 4,064.50 | 4,350.90 | 5,854.30 | 6,529.40 | 7,410.20 | 8,396.70 | 11,550.10 | 15,621.20 | 16,088.30 | ||||||||||
Raw Materials | 1,330.90 | 1,515.60 | 1,677.80 | 2,106.30 | 2,190.30 | 2,533.80 | 2,975.00 | 3,817.20 | 5,754.60 | 11,799.80 | ||||||||||
Power & Fuel Cost | 184.70 | 156.40 | 189.00 | 239.80 | 246.10 | 270.30 | 316.40 | 414.80 | 388.90 | |||||||||||
Employee Cost | 610.10 | 747.00 | 931.10 | 1,165.30 | 1,458.80 | 1,741.00 | 1,880.10 | 2,181.00 | 2,664.10 | |||||||||||
Selling & Administrative Expenses | 524.50 | 540.10 | 519.30 | 846.70 | 952.70 | 1,041.70 | 1,158.10 | 1,338.60 | 1,725.80 | |||||||||||
Operating & Other expenses | 37.20 | -47.50 | -22.90 | -237.40 | -121.60 | -17.10 | 202.20 | 1,369.30 | 1,019.40 | |||||||||||
EBITDA | 1,029.30 | 1,152.90 | 1,056.60 | 1,733.60 | 1,803.10 | 1,840.50 | 1,864.90 | 2,429.20 | 4,068.40 | 4,288.50 | ||||||||||
Depreciation/Amortization | 248.70 | 277.20 | 385.10 | 447.80 | 552.20 | 715.10 | 814.20 | 1,113.10 | 1,568.80 | 1,657.70 | ||||||||||
PBIT | 780.60 | 875.70 | 671.50 | 1,285.80 | 1,250.90 | 1,125.40 | 1,050.70 | 1,316.10 | 2,499.60 | 2,630.80 | ||||||||||
Interest & Other Items | 29.30 | 26.00 | 61.50 | 70.90 | 64.90 | 57.70 | 67.60 | 419.00 | 974.40 | 912.00 | ||||||||||
PBT | 751.30 | 849.70 | 610.00 | 1,214.90 | 1,186.00 | 1,067.70 | 983.10 | 897.10 | 1,525.20 | 1,718.80 | ||||||||||
Taxes & Other Items | 200.90 | 237.60 | 237.60 | 309.60 | 437.80 | 327.20 | 334.70 | 434.40 | 502.70 | 914.50 | ||||||||||
Net Income | 550.40 | 612.10 | 372.40 | 905.30 | 748.20 | 740.50 | 648.40 | 462.70 | 1,022.50 | 804.30 | ||||||||||
EPS | 4.59 | 5.10 | 3.10 | 7.54 | 6.23 | 6.17 | 5.40 | 3.85 | 8.52 | 6.70 | ||||||||||
DPS | 0.83 | 0.50 | 0.50 | 0.50 | 0.00 | 0.00 | 0.50 | 1.50 | 0.50 | 0.50 | ||||||||||
Payout ratio | 0.18 | 0.10 | 0.16 | 0.07 | 0.00 | 0.00 | 0.09 | 0.39 | 0.06 | 0.07 |
Company Updates
Annual report
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PDFPeers & Comparison
Health CareBiotechnology
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Biocon Ltd | 44.19 | 1.79 | 0.13% |
Onesource Specialty Pharma Ltd | -45.21 | 44.37 | — |
Sai Life Sciences Ltd | 180.19 | 15.30 | — |
Panacea Biotec Ltd | -2,054.78 | 2.85 | — |
Price Comparison
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Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Biocon Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
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The rupee value of the stock held by the fund divided by the stock’s market cap 1.3122% | Percentage of the fund’s portfolio invested in the stock 1.46% | Change in the portfolio weight of the stock over the last 3 months -0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 19/103 (0) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.0192% | Percentage of the fund’s portfolio invested in the stock 1.84% | Change in the portfolio weight of the stock over the last 3 months 0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 42/74 (-23) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.7841% | Percentage of the fund’s portfolio invested in the stock 1.09% | Change in the portfolio weight of the stock over the last 3 months -0.01% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 25/147 (+6) |
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Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 5, 2024
Dividend/Share
₹0.50
Ex DateEx Date
Jul 5, 2024
Cash Dividend
Ex DateEx DateJul 7, 2023
Dividend/Share
₹1.50
Ex DateEx Date
Jul 7, 2023
Cash Dividend
Ex DateEx DateJun 30, 2022
Dividend/Share
₹0.50
Ex DateEx Date
Jun 30, 2022
Cash Dividend
Ex DateEx DateJul 18, 2019
Dividend/Share
₹0.50
Ex DateEx Date
Jul 18, 2019
Cash Dividend
Ex DateEx DateJul 19, 2018
Dividend/Share
₹1.00
Ex DateEx Date
Jul 19, 2018
Biocon Ltd rose for a third straight session today. The stock is quoting at Rs 397.1, up 1.76% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.41% on the day, quoting at 23600.05. The Sensex is at 77920.62, down 0.45%. Biocon Ltd has added around 3.86% in last one month. Meanwhile, Nifty Pharma index of which Biocon Ltd is a constituent, has added around 5.07% in last one month and is currently quoting at 21868.5, up 0.83% on the day. The volume in the stock stood at 32.7 lakh shares today, compared to the daily average of 64.56 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 396.75, up 1.48% on the day. Biocon Ltd is up 36.81% in last one year as compared to a 7.61% gain in NIFTY and a 18.78% gain in the Nifty Pharma index.The PE of the stock is 0 based on TTM earnings ending December 24.Powered by Capital Market - Live
Revenue from operations fell by 3% YoY to Rs 3,821 crore during the period under review. The company's Generics business, comprising of APIs & generic formulations, has recorded revenues of Rs 686 crore in Q3 FY25, down 2% YoY. Biocon Biologics, which houses Biocon's biosimilars business, has reported 8% YoY fall in revenue to Rs 2,289 crore. Syngene, which is the Research services division of Biocon, has registered 11% increase in revenue to Rs 944 crore in the third quarter as compared with the same period last year. The company's Research & Development expenses added up to Rs 199 crore in Q3 FY25, down 40% YoY. EBITDA declined by 47% to Rs 787 crore in Q3 FY25 from Rs 1,492 crore in Q3 FY24. Profit before tax in Q3 FY25 stood at Rs 156 crore, down by 81% from Rs 753 crore in Q3 FY24. Kiran Mazumdar-Shaw, chairperson, Biocon Group, said: 'The Biocon Group reported Q3 FY25 operating revenue of Rs 3,821 crore, with performance driven by a sustained double-digit growth of 14% on a like-for-like basis in Biosimilars and a return to growth in Research services, which grew by 11%. The growth trajectory is clearly visible with sequential growth across all the three business segments this quarter. EBITDA at Rs 787 crore, reported a growth of 16% while profit before tax and exceptional items at Rs 138 crore, improved significantly from a marginal loss last year, on a like-for-like basis. Syngene's return to growth, combined with global approvals for bUstekinumab and European approval for gLiraglutide, will pave the way for launches and drive growth in Q4 and beyond. These developments will strategically position the Biocon Group for enhanced long-term growth.' Biocon is an innovation-led global biopharmaceuticals company engaged in the production of therapies for chronic conditions like diabetes, cancer, and autoimmune diseases. It has developed and commercialized novel biologics, biosimilars, and complex small-molecule APIs in India and several key global markets, as well as generic formulations in the US, Europe, & key emerging markets. It also has a pipeline of promising novel assets in immunotherapy under development. The scrip added 1.96% to currently trade at Rs 364.15 on the BSE. Powered by Capital Market - Live
Net profit of Biocon declined 96.20% to Rs 25.10 crore in the quarter ended December 2024 as against Rs 660.00 crore during the previous quarter ended December 2023. Sales rose 6.32% to Rs 3773.00 crore in the quarter ended December 2024 as against Rs 3548.70 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales3773.003548.70 6 OPM %19.9325.44 - PBDT563.201201.50 -53 PBT137.80787.00 -82 NP25.10660.00 -96 Powered by Capital Market - Live
The Board of Biocon at its meeting held on 27 January 2025 has approved the issuance of commercial paper of Rs 570 crore on private placement basis. Powered by Capital Market - Live
Biocon announced its Environmental, Social and Governance (ESG) scores as assessed by S&P Global's Corporate Sustainability Assessment (CSA) for 2024. Biocon achieved a notable improvement with an S&P Global ESG Score of 69 in 2024, up 6 points from 63 in 2023. This places the Company in the 98th percentile among its global biotechnology industry peers. Biocon achieved an ESG Score of 76 in the Environmental Dimension, 74 in the Social Dimension, and 62 in the Governance & Economic Dimension. Biocon's subsidiary Biocon Biologics Limited, which also participated independently in the assessment for the first time, reported an S&P Global ESG Score core of 53Powered by Capital Market - Live
Biocon will hold a meeting of the Board of Directors of the Company on 27 January 2025.Powered by Capital Market - Live
The key equity indices traded with decent gains in mid-morning trade. The Nifty traded above the 23,200 level after hitting the day's low of 23,090.65 in early trade. Consumer durables shares advanced after declining in past two consecutive trading sessions. Trading could be volatile due to weekly F&O series expiry today. At 11:30 IST, the barometer index, the S&P BSE Sensex rose 177.93 points or 0.23% to 76,582.01. The Nifty 50 index added 64.65 points or 0.28% to 23,220. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index jumped 1.83% and the S&P BSE Small-Cap index rallied 1.16%. The market breadth was strong. On the BSE, 2,408 shares rose and 1,260 shares fell. A total of 175 shares were unchanged. Politics: The JD(U) on Wednesday sacked its Manipur unit president, Ksh. Biren Singh, in an effort to quell growing speculation about its ties with the BJP. Party's national spokesperson Rajiv Ranjan told the media Singh's removal was due to indiscipline and asserted that the party would continue to support the BJP-led government in the northeastern state. Ranjan affirmed that the JD(U) remains committed to supporting the BJP-led NDA, not just in Manipur but across the country. Ranjan's remark came shorty after Ksh Biren Singh claimed that the party had withdrawn support to the BJP-led Biren Singh government and informed its decision to governor Ajay Kumar Bhalla. The state unit chief had also claimed that the lone JDU MLA in the state, Md Abdul Nasir, will sit in the opposition benches. IPO Update: The initial public offer (IPO) of Denta Water and Infra Solutions received bids for 13,37,67,000 shares as against 52,50,000 shares on offer, according to stock exchange data at 11:15 IST on 23 January 2024. The issue was subscribed to 25.48 times. The issue opened for bidding on 22 January 2024 and it will close on 24 January 2024. The price band of the IPO is fixed between Rs 279 and Rs 294 per share. An investor can bid for a minimum of 50 equity shares and in multiples thereof. Buzzing Index: The Nifty Consumer Durables index jumped 1.93% to 38,482. The index dropped 4.86% in past trading sessions. Amber Enterprises India (up 9.80%), Dixon Technologies (India) (up 3.03%), Voltas (up 2.08%), Havells India (up 2.08%), Whirlpool of India (up 1.94%), Bata India (up 1.74%), Kalyan Jewellers India (up 1.58%), Titan Company (up 1.24%), Crompton Greaves Consumer Electricals (up 1.22%) and Kajaria Ceramics (up 1.02%) advanced. On the other hand, V-Guard Industries (down 0.66%), Cera Sanitaryware (down 0.29%) and Rajesh Exports (down 0.1%) edged lower. Stocks in Spotlight: Biocon advanced 1.83% after its board is scheduled to meet on Monday, 27 January 2025, to consider and approve the raising of funds on a private placement basis. Bharat Petroleum Corporation (BPCL) slipped 1.33%. The company has reported a 36.85% jump in standalone net profit to Rs 4,649.20 crore in Q3 FY25 as against Rs 3,397.27 crore posted in Q3 FY24. Net sales (excluding excise duty) declined 2.02% year on year (YoY) to Rs 1,13,135.8 crore in the December 2024 quarter. Hindustan Unilever (HUL) declined 1.29%. The company has reported a 19.13% jump in standalone net profit to Rs 3,001 crore in Q3 FY25 as compared with Rs 2,519 crore in corresponding quarter last year. Revenue from operations rose 1.79% to Rs 15,195 crore in Q3 FY25 as compared with Rs 14,928 crore in Q3 FY24. Global Markets: Most Asian stocks climbed on Thursday, buoyed by a rally on Wall Street driven by optimism over increased spending on artificial intelligence (AI). However, Asian investors remain cautious as they assess the implications of US President Donald Trump's early days in office, which have sent mixed signals. While Trump reiterated tariff threats against China, fears of an escalation in the trade war have largely been avoided, leaving the world's second-largest economy somewhat unscathed for now. In China, investors are considering additional measures from Beijing to stabilize its stock market. On Wednesday, the government introduced a series of policies, including plans to increase the portion of pension funds that can be invested in listed companies, aiming to shore up market confidence. South Korea's economy grew by 0.1% quarter-on-quarter in the final three months of 2024, according to preliminary data from the central bank. On a year-on-year basis, GDP growth slowed to 1.2% from 1.5%, reflecting challenges in the broader economic environment. Meanwhile, Japan posted a surprising trade surplus of 130.9 billion yen ($840 million) in December, beating expectations for a deficit of 55 billion yen. This marked a significant turnaround from November's 110.3 billion yen deficit, supported by strong exports, according to government data released Thursday. In the US, the S&P 500 came close to a record high on Wednesday, boosted by a surge in tech stocks and AI-related companies. The rally followed President Trump's announcement of a $500 billion initiative to enhance domestic AI development. Netflix shares soared nearly 10% after the company reported a record-breaking addition of 19 million new subscribers in Q4 2024, surpassing market expectations by a wide margin. The S&P 500 briefly touched an all-time high of 6,100.81 points before trimming gains to close 0.6% higher at 6,086.28 points. The NASDAQ Composite gained 1.3% to reach 20,009.34 points, while the Dow Jones Industrial Average edged up 0.3%. Powered by Capital Market - Live
The company will raise funds through the issuance of commercial papers (CPs) or through any other mode. Biocon is an innovation-led global biopharmaceuticals company engaged in the production of therapies for chronic conditions like diabetes, cancer, and autoimmune diseases. It has developed and commercialized novel biologics, biosimilars, and complex small-molecule APIs in India and several key global markets, as well as generic formulations in the US, Europe, & key emerging markets. It also has a pipeline of promising novel assets in immunotherapy under development. The company reported a consolidated net loss of Rs 16 crore in Q2 FY25 as against a net profit of Rs 126 crore in Q2 FY24. Revenue from operations rose by 4% YoY to Rs 3,590 crore during the quarter. Powered by Capital Market - Live
The aforementioned action from the American drug regulator relates to the cGMP inspection conducted by the agency between 15th and 27th of September 2024. The inspection scope had included several biologics manufacturing units comprising one drug substance and one drug product manufacturing units, one medical device assembly unit, one analytical quality control laboratory, two microbiological control laboratories and two warehouses. Biocon Biologics (BBL) is a fully integrated global biosimilars company and the subsidiary of Biocon. Biocon is an innovation-led global biopharmaceuticals company engaged in the production of therapies for chronic conditions like diabetes, cancer, and autoimmune diseases. It has developed and commercialized novel biologics, biosimilars, and complex small-molecule APIs in India and several key global markets, as well as generic formulations in the US, Europe, & key emerging markets. It also has a pipeline of promising novel assets in immunotherapy under development. Powered by Capital Market - Live
The approved drug is a biosimilar of the reference product Stelara (Ustekinumab). Ustekinumab, a monoclonal antibody, is approved for the treatment of psoriasis vulgaris and psoriatic arthritis (PsA). The biosimilar Ustekinumab has been developed and manufactured by the company and will be commercialized and marketed in Japan by the company's exclusive commercial partner, Yoshindo Inc. In August this year, Biocon Biologics had entered into a settlement and licensing agreement with Janssen Biotech Inc., Janssen Sciences Ireland, and Johnson & Johnson (collectively known as Janssen) to commercialize Ustekinumab in Japan, upon regulatory approval. Biocon Biologics (BBL) is a fully integrated global biosimilars company and the subsidiary of Biocon. Biocon is an innovation-led global biopharmaceuticals company engaged in the production of therapies for chronic conditions like diabetes, cancer, and autoimmune diseases. It has developed and commercialized novel biologics, biosimilars, and complex small-molecule APIs in India and several key global markets, as well as generic formulations in the US, Europe, & key emerging markets. It also has a pipeline of promising novel assets in immunotherapy under development. The company reported a consolidated net loss of Rs 16 crore in Q2 FY25 as against a net profit of Rs 126 crore in Q2 FY24. Revenue from operations rose by 4% YoY to Rs 3,590 crore during the quarter. Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 21.69%, vs industry avg of 19.04%
Increasing Market Share
Over the last 5 years, market share increased from 76.57% to 84.66%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 2.46%, vs industry avg of 2.04%