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BSEConcord Drugs Ltd· Pharmaceuticals & BiotechnologyHighNeutral
Announced Thu, 13 Nov, 2025 · 19:07 IST

Outcome of board meeting for approval of Un-audited financial results for quarter and half yearly ended 30 sep,2025

Revenue declinedEBITDA margin compressionResults View source PDFExplain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+4.7%Reaction day
₹85.65
prior close
₹86.01
announcement price
After-mkt
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Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+4.8% vs market
Pharmaceuticals peers, median of 157sector+0.0%+4.7% vs sector

On the reaction day the stock moved 4.8 pts more than Nifty Microcap 250 and 4.7 pts more than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Board of Directors of Concord Drugs Limited approved the unaudited financial results for the quarter and half year ended 30 September 2025, along with the limited review report by auditors Pundarikashyam and Associates. On a consolidated basis, revenue from operations fell sharply to Rs 238.85 lakhs (H1 FY26) from Rs 452.59 lakhs in the corresponding prior period, a drop of about 47%. Standalone revenue declined to Rs 234.59 lakhs from Rs 369.47 lakhs, a fall of roughly 36%. Despite the revenue contraction, profit after tax was largely flat at Rs 30.53 lakhs standalone and Rs 31.00 lakhs consolidated. Total assets rose modestly, and the company generated positive operating cash flow of around Rs 335 lakhs on a standalone basis. The subsidiary Proton Remedies Pvt Ltd contributed negligible revenue and profit. The auditor's review report was a clean, unqualified review with no qualifications or emphasis of matter.

Likely market impact

The sharp drop in revenue, even with stable profits, indicates margin compression and weaker top-line momentum that may concern short-term investors. However, profitability, positive operating cash flow, and an unqualified auditor review provide some comfort on operational health.