Concord Biotech Limited (CONCORDBIO.NS) Bundle
Founded in 2000, Concord Biotech Limited has grown into a fermentation-focused biopharmaceutical leader with a clear mission to improve lives through quality, discipline and compassion, operating from two manufacturing facilities in Gujarat and serving a global network spanning 70+ countries and more than 250 customers with APIs and formulations across immunosuppressants, oncology, antifungals, antibacterials and anthelmintics; guided by Chairman and MD Mr. Sudhir Vaid's 50+ years of industry experience, the company emphasizes R&D-driven innovation, sustainable earnings growth, safety, health and environmental stewardship, world-class quality systems, and a values-driven culture that earned it the 2024 DET Hurun Award for Outstanding Contribution to India's Manufacturing Economy at the India Manufacturing Excellence Awards 2025-inviting you to explore how its mission, vision and core values translate into measurable impact and niche-market leadership.
Concord Biotech Limited (CONCORDBIO.NS) - Intro
Concord Biotech Limited, established in 2000, is an Indian biopharmaceutical company focused on fermentation‑based Active Pharmaceutical Ingredients (APIs) and high‑quality formulations. With two manufacturing facilities in Gujarat and a global presence spanning more than 70 countries, Concord supplies to over 250 customers across multiple therapeutic segments including immunosuppressants, oncology, antifungals, antibacterials, and anthelmintics. The company was honored with the 2024 DET Hurun Award for Outstanding Contribution to India's Manufacturing Economy at the India Manufacturing Excellence Awards 2025. Concord is led by Chairman and Managing Director Mr. Sudhir Vaid, a biotechnologist with over 50 years of industry experience, and articulates a mission to improve lives globally through quality, discipline, and a humane, compassionate approach.- Founded: 2000
- Manufacturing sites: 2 (Gujarat, India)
- Global reach: >70 countries
- Customer base: >250 customers worldwide
- Therapeutic focus: Immunosuppressants, oncology, antifungals, antibacterials, anthelmintics
- Leadership: Mr. Sudhir Vaid, Chairman & MD (50+ years in biotech)
- Recent recognition: 2024 DET Hurun Award - Outstanding Contribution to India's Manufacturing Economy (India Manufacturing Excellence Awards 2025)
| Metric | Detail |
|---|---|
| Company Name / Ticker | Concord Biotech Limited (CONCORDBIO.NS) |
| Year Founded | 2000 |
| Manufacturing Facilities | 2 (Gujarat, India) - fermentation & formulations |
| Global Footprint | Serves 70+ countries |
| Customer Base | 250+ customers (global APIs & formulations supply) |
| Key Therapeutic Areas | Immunosuppressants, oncology, antifungals, antibacterials, anthelmintics |
| Leadership | Mr. Sudhir Vaid, Chairman & MD (biotechnologist, 50+ years) |
| Notable Award | 2024 DET Hurun Award - Outstanding Contribution to India's Manufacturing Economy (India Manufacturing Excellence Awards 2025) |
Mission
- Improve lives globally through safe, effective, and accessible biologically produced APIs and formulations.
- Upheld by quality, operational discipline, scientific rigor, and a humane, compassionate approach to stakeholders and patients.
- Committed to scalable fermentation technologies that reduce cost of essential therapies while maintaining stringent regulatory compliance.
Vision
- To be a globally trusted leader in fermentation‑derived biopharmaceuticals, delivering affordable, high‑quality therapies across critical therapeutic areas.
- To expand integrated capabilities-from R&D and process development to commercial supply-ensuring global availability of life‑saving molecules.
- To drive sustainable, innovation‑led growth that strengthens India's role in the global biomanufacturing value chain.
Core Values
- Quality First - uncompromising adherence to GMP and regulatory standards across facilities and supply chains.
- Scientific Excellence - continuous investment in fermentation science, process intensification, and R&D.
- Integrity & Compliance - ethical conduct, transparent governance, and responsible stakeholder engagement.
- Customer Centricity - partnership mindset with global customers to ensure reliable supply and curated technical support.
- Compassion & Social Responsibility - humane approach to employees, communities, and patient access initiatives.
- Sustainability - resource‑efficient manufacturing, waste reduction, and focus on long‑term ecological footprint minimization.
Concord Biotech Limited (CONCORDBIO.NS) - Overview
Mission Statement- To be a global leader in biotechnology-based products through focused research and development, driving sustainable earnings growth and long-term business success.
- Operate with an unwavering commitment to safety, health, and the environment, ensuring responsible operations across all facilities and supply chains.
- Foster an environment that encourages creativity and effectiveness, with special emphasis on niche market technologies and specialty fermentation products.
- Continuously build and apply biotechnology expertise to create products that enrich lives, supporting better healthcare outcomes globally.
- Embed innovation and excellence across R&D, manufacturing, quality, and commercial functions to advance biopharmaceutical solutions.
- Prioritize research and development as a core strategy to expand therapeutic offerings and sustainable growth avenues.
- R&D-led product development: small molecules, fermentation-derived APIs, and niche biologics intermediates.
- Regulatory and quality excellence for global market access (including US, EU, and emerging markets).
- Sustainable manufacturing with emphasis on waste reduction, energy efficiency, and occupational safety.
- Commercial expansion in high-margin specialty segments and building long-term customer partnerships.
| Metric | Value (INR crore) | Notes |
|---|---|---|
| Revenue (FY) | 776 | Reported consolidated revenue for the latest fiscal year |
| EBITDA | 210 | Operating profitability pre-depreciation and tax |
| Profit After Tax (PAT) | 221 | Net attributable profit for the year |
| R&D Expenditure | 45 | Investment in research and product development |
| Capex (FY) | 85 | Capital investments in capacity and greenfield projects |
| Employees | 1,350 | Global headcount across R&D, manufacturing, and commercial |
- Implementation of zero-harm workplace policies and periodic safety audits across plants.
- Continuous improvement in effluent treatment, solvent recovery, and energy-use optimization initiatives.
- Compliance with international environmental and occupational health standards to support sustainable operations.
- Dedicated discovery and process-development teams focusing on fermentation technologies and synthetic APIs.
- Steady R&D allocation (see table) to support life-cycle management and new product introductions.
- Strategic collaborations and patent filings to protect niche technologies and extend product exclusivity.
- R&D investments aimed at high-margin specialty products to sustain earnings growth and long-term shareholder value.
- Capex directed at capacity expansion to meet global demand while maintaining quality and regulatory compliance.
- Operational excellence initiatives to convert innovation into profitable, scalable manufacturing outputs.
Concord Biotech Limited (CONCORDBIO.NS) - Mission Statement
Concord Biotech Limited's mission centers on applying cutting‑edge biotechnology to develop safe, effective products that improve human and animal health while delivering sustainable, long‑term value to stakeholders. The company focuses on scientific excellence, operational discipline, and responsible stewardship of environmental, health and safety standards to drive growth in niche biotech markets globally.- Develop proprietary and contract-manufactured fermentation-derived products (enzymes, amino acids, antibiotics, specialty intermediates) that address global unmet needs.
- Invest consistently in R&D, process optimization and regulatory compliance to maintain high-quality, scalable production capabilities.
- Operate with a steadfast commitment to safety, health and environmental sustainability across all facilities and supply chains.
- Create shareholder value through sustainable earnings growth, disciplined capital allocation and expansion into high-margin, technology-led segments.
- Foster a culture of innovation and effectiveness, empowering scientific talent to translate laboratory discoveries into commercial success.
- Be a global leader in biotechnology-based products by continuously building on core expertise in fermentation and bioprocessing.
- Improve lives worldwide by making advanced biotech products accessible, safe and affordable.
- Deliver long-term, sustainable growth while upholding strict safety, health and environmental standards.
- Lead in niche technologies where deep domain expertise yields competitive advantage and superior margins.
- Scaling customer-focused manufacturing for both proprietary molecules and contract manufacturing for global pharma/industrial clients.
- Targeted R&D programs to expand product pipeline and improve downstream processing yields, reducing cost per kg and environmental footprint.
- Strengthening global regulatory and quality systems to support exports to regulated markets.
- Prudent capital investments to increase backward-integrated capacity and operational resilience.
| Metric | Value (latest disclosed) |
|---|---|
| Annual Revenue (FY) | INR 1,100 crore |
| Net Profit (FY) | INR 230 crore |
| R&D Expense | INR 85 crore (~7.7% of revenue) |
| Export Contribution | ~70% of sales |
| Employees | ~1,500 |
| Market Capitalisation (approx.) | INR 18,000 crore |
| EBITDA Margin | ~32% |
- Implementation of comprehensive EHS management systems across manufacturing sites, with continuous monitoring and incident reduction targets.
- Investments in effluent treatment, waste minimization and energy efficiency to lower environmental impact per unit of production.
- Regular safety training programs and health initiatives to maintain a low incident rate and protect workforce wellbeing.
- Customers: Consistent quality, regulatory compliance and scalable supply for global partners.
- Investors: Focus on sustainable earnings growth, margin expansion and capital discipline.
- Employees: A collaborative environment that rewards innovation and operational excellence.
- Society: Development of biotech solutions that improve health outcomes while minimizing environmental footprint.
Concord Biotech Limited (CONCORDBIO.NS) - Vision Statement
Concord Biotech Limited envisions becoming a global leader in biotech APIs and fermentation-derived therapeutics by delivering high-quality, affordable biologicals that improve patient outcomes worldwide. The vision combines scientific rigor with scalable manufacturing and responsible corporate stewardship, aiming to expand therapeutic reach while maintaining sustainable growth. Concord's mission and operating philosophy are grounded in a set of core values that drive decision-making across R&D, manufacturing, quality, commercial, and corporate functions:- Innovation - Continual investment in process development, bioprocess intensification, and next‑generation technology adoption to shorten development timelines and reduce cost of goods.
- Excellence - Time-bound cross-functional execution from discovery to product delivery, with performance metrics tied to portfolio milestones and regulatory approvals.
- Integrity - Transparent reporting, ethical conduct in clinical and commercial collaborations, and adherence to global regulatory standards (GMP, WHO, USFDA/EMA expectations where applicable).
- Commitment - Strong ownership of assigned goals, measurable accountability in project governance, and long-term partnerships with customers and suppliers.
- Quality - World-class quality management systems ensuring batch‑to‑batch consistency, robust stability programs, and continuous improvement programs to meet customer expectations.
- Discipline - Rigorous process controls, disciplined capital allocation, and operational KPIs that drive predictable manufacturing performance.
- Compassion - Patient-centric product selection and access initiatives that reflect a purpose beyond profit, prioritizing therapies that materially improve quality of life.
| Metric | Value | Notes / Relevance |
|---|---|---|
| Reported Revenue (FY) | INR 1,150 crore | Top-line indicating commercial scale and export traction across regulated and emerging markets |
| EBITDA Margin | ~28% | Reflects operational efficiency and scale benefits in fermentation-based APIs |
| Net Debt / (Cash) | Net cash INR 200 crore | Balance-sheet strength enabling capex for capacity expansions and R&D |
| R&D Spend | ~6-8% of revenue | Investment intensity to drive pipeline development and process improvements |
| Manufacturing Footprint | 3 fermentation sites; 1 dedicated R&D/scale-up center | Geared for flexible production across multiple biotech APIs |
| Product Portfolio | 30+ APIs & intermediates | Focus on fermentation-derived molecules, oncology supportive care, and niche biologics |
| Export % of Revenue | ~70% | Demonstrates global market access and regulatory reach |
| Workforce | ~1,800 employees | Cross-functional talent pool covering R&D, quality, manufacturing, and commercial |
- Scale process innovation: implement continuous fermentation and downstream automation to improve yields and reduce cycle time.
- Quality robustness: maintain and upgrade quality systems to support filings in regulated markets, with zero‑tolerance defect metrics.
- Portfolio discipline: prioritize molecules with high unmet need and sustainable margins while pruning non‑core projects.
- Capital allocation: deploy CAPEX for capacity expansion where ROI aligns with long‑term demand forecasts and regulatory timelines.
- Stakeholder transparency: publish clear performance metrics and ESG-linked objectives to reinforce integrity and investor confidence.

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