FDC approves Rs 120 crore buyback after strong Q2 results
FDC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.7 pts more than Nifty Microcap 250 and 6.2 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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Consolidated Q2 revenue rose 21% to Rs 572.14 crore from Rs 473.03 crore, while profit attributable to owners surged to Rs 43.06 crore from Rs 20.97 crore. Half-year cash generated from operations was Rs 251.26 crore versus negative Rs 1.94 crore. The board approved a proportionate buyback of up to 24 lakh shares, 1.47% of capital, at Rs 500 each, capped at Rs 120 crore. Record date is November 13, 2026. Promoters intend to participate.
Profit, operating cash flow and a promoter-backed buyback may aid sentiment and per-share value, but up to Rs 120 crore of cash will be used.