Concord Biotech (BOM:543960) Current Ratio: 7.39 (As of Mar. 2026) — 29% Above Median

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BOM:543960 Concord Biotech Ltd BOM:543960
68 GF Score
Price ₹1,257.00
GF Value ₹1,666.31
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Concord Biotech Current Ratio?

Concord Biotech BOM:543960 +0.67% 68 Current Ratio is 7.39 as of Mar. 2026, which is 29% above its 10-year median of 5.74. GuruFocus rates BOM:543960 with a GF Score™ of 68/100 and a GF Value™ of ₹1,666.31 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,408 Biotechnology companies, Concord Biotech ranks better than 69.74% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Concord Biotech's current ratio for the quarter that ended in Mar. 2026 was 7.39.

Concord Biotech has a current ratio of 7.39. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Concord Biotech's Current Ratio or its related term are showing as below:

BOM:543960' s Current Ratio Range Over the Past 10 Years
Min: 3.79   Med: 5.74   Max: 7.39
Current: 7.39

During the past 7 years, Concord Biotech's highest Current Ratio was 7.39. The lowest was 3.79. And the median was 5.74.

BOM:543960's Current Ratio is ranked better than
69.74% of 1408 companies
in the Biotechnology industry
Industry Median: 3.88 vs BOM:543960: 7.39

Concord Biotech  (BOM:543960) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Concord Biotech Current Ratio Related Terms


Concord Biotech Current Ratio Historical Data

* Premium members only.

The historical data trend for Concord Biotech's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Concord Biotech Current Ratio Chart

Concord Biotech Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 4.08 3.79 6.30 6.17 7.39

Concord Biotech Quarterly Data
Mar20 Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.17 0.00 6.97 0.00 7.39

BOM:543960 vs VRTX, REGN, RVMD: Current Ratio Comparison

For the Biotechnology subindustry, Concord Biotech's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Concord Biotech Current Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Concord Biotech's Current Ratio distribution charts can be found below:

* The bar in red indicates where Concord Biotech's Current Ratio falls into.


BOM:543960
68GF Score
Concord Biotech Ltd BOM:543960
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Concord Biotech Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Concord Biotech's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=12501.118/1690.771
=7.39

Concord Biotech's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=12501.118/1690.771
=7.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 7.39 mean?
Concord Biotech (BOM:543960) has a Current Ratio of 7.39 as of Mar. 2026. This is 29% above median its historical median of 5.74. Over the past decade, Concord Biotech's Current Ratio has ranged from 3.79 to 7.39. According to the industry distribution chart, Concord Biotech ranks #426 out of 1408 companies in the Biotechnology industry, placing it in the top 30.3%.
Is Concord Biotech's Current Ratio too high?
Concord Biotech's current Current Ratio of 7.39 is 29% above median its 10-year median of 5.74. Over the past 10 years, this metric has ranged from a low of 3.79 to a high of 7.39. The Biotechnology industry median Current Ratio is 3.88. Concord Biotech's value of 7.39 is 90.5% above this industry median. Based on the distribution chart, Concord Biotech ranks #426 out of 1408 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Concord Biotech has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Concord Biotech's Current Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Concord Biotech ranks #426 out of 1408 companies for Current Ratio. This puts Concord Biotech in the upper half of its industry. The industry median Current Ratio is 3.88. Concord Biotech's value of 7.39 is 90.5% above this benchmark. Historically, Concord Biotech's own Current Ratio has ranged from 3.79 to 7.39 over the past decade. While the company's 10-year median is 5.74 vs. the industry median of 3.88, Concord Biotech has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Biotechnology company?
The median Current Ratio among Biotechnology companies is 3.88, based on 1,408 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Concord Biotech's current Current Ratio of 7.39 is 90.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Biotechnology industry, the median Current Ratio is 3.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Concord Biotech's current Current Ratio is 7.39, which is 29% above median its own 10-year median of 5.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concord Biotech stock overvalued right now?
Based on GuruFocus' analysis, Concord Biotech (BOM:543960) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,666.31, compared to a current price of ₹1,257.00 — trading 24.6% below its estimated fair value. The current Current Ratio is 7.39, which is 29% above median its 10-year median of 5.74 and 90.5% above the Biotechnology industry median of 3.88. Concord Biotech's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Concord Biotech (BOM:543960), the current Current Ratio is 7.39 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Concord Biotech (BOM:543960) Overvalued in 2026?

Based on GuruFocus' analysis, Concord Biotech stock appears to be undervalued. The current stock price of ₹1,257.00 is trading 24.6% below its estimated GF Value™ of ₹1,666.31. GuruFocus considers Concord Biotech to be Modestly Undervalued.

Key valuation signals for BOM:543960:

  • Current Ratio: 7.39 (29% above median its 10-year median of 5.74)
  • GF Value™: ₹1,666.31 vs. price of ₹1,257.00 (24.6% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 90.5% above the Biotechnology median (#426 of 1408)

No single metric tells the full story. See the BOM:543960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Concord Biotech Business Description

Other Exchanges CONCORDBIO:India
Address Iscon Cross Road, S.G. Highway, B-1601-1602, B-Wing, Mondeal Heights, Ahmedabad, GJ, IND, 380015
Concord Biotech Ltd is a research and development-driven biopharma company that manufactures Active Pharmaceutical Ingredients (API) through fermentation and semi-synthetic process and finished formulations. It is mainly engaged in the business of manufacturing and trading in pharmaceutical products. Geographically Company operates in two segments within India and outside India, having majority revenue from India.
68GF Score

Get the complete analysis for BOM:543960

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,257.00
Price
₹1,666.31
GF Value