Concord Biotech (BOM:543960) Interest Coverage: 1,178.42 (As of Mar. 2026) — 323% 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 Interest Coverage?

Concord Biotech BOM:543960 +0.67% 68 Interest Coverage is 1,178.42 as of Mar. 2026, which is 323% above its 10-year median of 278.45. 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 376 Biotechnology companies, Concord Biotech ranks better than 60.9% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Concord Biotech's Operating Income for the three months ended in Mar. 2026 was ₹990 Mil. Concord Biotech's Interest Expense for the three months ended in Mar. 2026 was ₹-1 Mil. Concord Biotech's interest coverage for the quarter that ended in Mar. 2026 was 1,178.42. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Concord Biotech Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

BOM:543960' s Interest Coverage Range Over the Past 10 Years
Min: 43.06   Med: 278.45   Max: 1080.98
Current: 1034.4


BOM:543960's Interest Coverage is ranked better than
60.9% of 376 companies
in the Biotechnology industry
Industry Median: 106.135 vs BOM:543960: 1034.40

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Concord Biotech  (BOM:543960) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Concord Biotech Interest Coverage Related Terms


Concord Biotech Interest Coverage Historical Data

* Premium members only.

The historical data trend for Concord Biotech's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Concord Biotech Interest Coverage Chart

Concord Biotech Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 43.06 67.57 151.37 875.40 1,080.98

Concord Biotech Quarterly Data
Mar20 Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 1,840.90 744.39 1,186.12 984.46 1,178.42

BOM:543960 vs VRTX, REGN, RVMD: Interest Coverage Comparison

For the Biotechnology subindustry, Concord Biotech's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Biotechnology Industry

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

* The bar in red indicates where Concord Biotech's Interest Coverage falls into.


BOM:543960
68GF Score
Concord Biotech Ltd BOM:543960
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Concord Biotech Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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

Here, for the fiscal year that ended in Mar. 2026, Concord Biotech's Interest Expense was ₹-3 Mil. Its Operating Income was ₹3,048 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹14 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*3048.357/-2.82
=1,080.98

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

Here, for the three months ended in Mar. 2026, Concord Biotech's Interest Expense was ₹-1 Mil. Its Operating Income was ₹990 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹14 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*989.876/-0.84
=1,178.42

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1,178.42 mean?
Concord Biotech (BOM:543960) has a Interest Coverage of 1,178.42 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Concord Biotech and its competitors. This is 323% above median its historical median of 278.45. Over the past decade, Concord Biotech's Interest Coverage has ranged from 43.06 to 1,080.98. According to the industry distribution chart, Concord Biotech ranks #147 out of 376 companies in the Biotechnology industry, placing it in the top 39.1%.
Is Concord Biotech's Interest Coverage too high?
Concord Biotech's current Interest Coverage of 1,178.42 is 323% above median its 10-year median of 278.45. Over the past 10 years, this metric has ranged from a low of 43.06 to a high of 1,080.98. The Biotechnology industry median Interest Coverage is 106.14. Concord Biotech's value of 1,178.42 is 1010.3% above this industry median. Based on the distribution chart, Concord Biotech ranks #147 out of 376 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 Interest Coverage compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Concord Biotech ranks #147 out of 376 companies for Interest Coverage. This puts Concord Biotech in the upper half of its industry. The industry median Interest Coverage is 106.14. Concord Biotech's value of 1,178.42 is 1010.3% above this benchmark. Historically, Concord Biotech's own Interest Coverage has ranged from 43.06 to 1,080.98 over the past decade. While the company's 10-year median is 278.45 vs. the industry median of 106.14, 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 Interest Coverage for a Biotechnology company?
The median Interest Coverage among Biotechnology companies is 106.14, based on 376 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Concord Biotech's current Interest Coverage of 1,178.42 is 1010.3% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Concord Biotech and its competitors. For the Biotechnology industry, the median Interest Coverage is 106.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Concord Biotech's current Interest Coverage is 1,178.42, which is 323% above median its own 10-year median of 278.45. 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 Interest Coverage is 1,178.42, which is 323% above median its 10-year median of 278.45 and 1010.3% above the Biotechnology industry median of 106.14. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Concord Biotech (BOM:543960), the current Interest Coverage is 1,178.42 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:

  • Interest Coverage: 1,178.42 (323% above median its 10-year median of 278.45)
  • 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: 1010.3% above the Biotechnology median (#147 of 376)

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

Interest Coverage 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