FDC Limited
NSE: FDC · Pharmaceuticals · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 185 companies in Pharmaceuticals (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹523 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Borrowings fell in each of the last 3 years (₹1 cr → ₹0 cr).
- Operating profit covered interest 84.8x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY24, FY23).
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 48% of net profit in the last 12 months.
- Dividend paid in 2 of the last 5 financial years.
- Price ₹346.45 on 2026-10-26: -26.8% from the 52-week high, +10.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 514 | 464 | 492 | 648 | 473 | 465 | 585 | 668 |
| EBITDA | 70 | 47 | 54 | 140 | 34 | 31 | 106 | 143 |
| OPM % | 13.7% | 10.1% | 11.0% | 21.6% | 7.1% | 6.8% | 18.2% | 21.4% |
| Other income | 35 | 19 | 16 | 36 | 21 | 21 | 50 | 48 |
| Net profit | 73 | 37 | 39 | 121 | 28 | 28 | 103 | 132 |
| EPS (₹) | 4.43 | 2.28 | 2.38 | 7.45 | 1.75 | 1.74 | 6.35 | 8.14 |
| Revenue YoY | -7.9% | +0.1% | +18.9% | +3.0% | ||||
| Profit YoY | -61.3% | -24.5% | +167.4% | +9.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,528 | 1,784 | 1,943 | 2,108 | 2,171 | 2,190 |
| EBITDA | 254 | 251 | 339 | 325 | 325 | 315 |
| Net profit | 7 | 194 | 305 | 267 | 281 | 293 |
| EPS (₹) | 12.81 | 11.66 | 18.58 | 16.39 | 17.29 | 17.98 |
| Revenue growth | +16.7% | +8.9% | +8.5% | +3.0% | +3.4% | |
| Profit growth | +2,668.0% | +57.3% | -12.6% | +5.5% | +8.0% | |
| Dividend / share (₹) | – | – | – | 5.00 | 5.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +6.8% | +10.2% | +3.4% |
| Net profit | +13.2% | -1.4% | +8.0% |
| EPS | +14.0% | -0.5% | – |
| Share price | – | -20.5% (2y) | -24.3% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,982 | 2,097 | 2,281 | 2,485 |
| Borrowings | – | 1 | 0 | 0 | 0 |
| Cash & equivalents | – | 482 | 476 | 537 | 523 |
| Total assets | – | 2,343 | 2,468 | 2,714 | 2,919 |
| Fixed assets | – | 695 | 677 | 848 | 952 |
| Capital work in progress | – | 198 | 261 | 136 | 96 |
| Investments | – | 348 | 393 | 543 | 575 |
| Receivables | – | 123 | 117 | 109 | 152 |
| Inventory | – | 329 | 389 | 375 | 355 |
| Payables | – | 178 | 186 | 205 | 207 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 162 | 155 | 221 | 318 | 200 |
| Cash from investing | -145 | 11 | -17 | -200 | -110 |
| Cash from financing | -10 | -180 | -202 | -92 | -93 |
| Capex | 133 | 113 | 93 | 97 | 187 |
| Free cash flow | 29 | 42 | 127 | 221 | 14 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 9.8% | 14.6% | 11.7% | 11.3% |
| ROCE % | – | 13.2% | 19.1% | 15.9% | 15.3% |
| Debtor days | – | 25 | 22 | 19 | 26 |
| Inventory days | – | 183 | 216 | 186 | 182 |
| Payable days | – | 99 | 103 | 102 | 106 |
| Cash conversion cycle (days) | – | 109 | 135 | 103 | 102 |
| Working capital days | – | 155 | 151 | 125 | 129 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 69.66% |
| FIIs | 1.58% |
| DIIs | 6.59% |
| of which Mutual funds | 6.48% |
| of which Insurance | 0.06% |
| Public (non-institutions) | 22.17% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 69.66% | 69.66% | 69.66% | 69.66% | 69.66% | 69.66% | 69.66% | 69.66% |
| Promoter group | % |
|---|---|
| Nomita R Chandavarkar | 22.67% |
| NANDAN MOHAN CHANDAVARKAR (In the capacity of Trustee of Sandhya Mohan Chandavarkar Trust) | 12.45% |
| NANDAN MOHAN CHANDAVARKAR (In the capacity of Trustee of Mohan Anand Chandavarkar Trust) | 12.45% |
| Leo Advisors Private Limited (In capacity of Trsutee of Ameya Family Discretionary Trust) | 9.17% |
| Aditi C Bhanot | 6.80% |
| Ameya Ashok Chandavarkar | 6.10% |
| Nandan Mohan Chandavarkar | 0.01% |
| Meera Ramdas Chandavarkar | 0.00% |
| Mohan Chandavarkar | 0.00% |
| Sandhya Chandavarkar | 0.00% |
| Alpana Nandan Chandavarkar | 0.00% |
| Anandi Nandan Chandavarkar | 0.00% |
| Shivani Nandan Chandavarkar | 0.00% |
| Vasant Anand Chandavarkar | 0.00% |
| Capt. Girish Anand Kaushik | 0.00% |
| Public holders above 1% | % |
|---|---|
| ICICI Prudential Smallcap Fund | 2.91% |
| Nippon Life India Trustee Ltd-a/c Nippon India Small CAP Fund | 2.63% |
54,621 shareholders. Pledged: 0.00% of promoter shares.
Peers in Pharmaceuticals
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SUNPHARMA | ₹4,17,478 cr | 34.5x | 5.0x | 15.5% | 18.7% | 28.6% | +10.0% | 0.94% |
| DIVISLAB | ₹2,39,825 cr | 82.1x | 14.3x | 18.4% | 23.0% | 34.7% | +10.8% | 0.34% |
| TORNTPHARM | ₹1,53,999 cr | 72.7x | 18.4x | 27.3% | 15.1% | 32.3% | +13.3% | 0.84% |
| ZYDUSLIFE | ₹1,15,808 cr | 25.9x | 4.3x | 17.7% | 16.8% | 27.2% | +16.4% | 0.95% |
| LAURUSLABS | ₹1,11,232 cr | 101.6x | 21.0x | 22.4% | 20.8% | 28.0% | +4.1% | 0.08% |
| CIPLA | ₹1,09,464 cr | 32.5x | 3.2x | 10.3% | 13.2% | 17.7% | +7.4% | 1.18% |
| DRREDDY | ₹1,09,460 cr | 33.9x | 2.9x | 9.0% | 10.1% | 15.5% | +11.0% | 0.61% |
| MANKIND | ₹95,486 cr | 46.7x | 5.9x | 13.4% | 13.8% | 25.1% | +17.7% | 0.04% |
| AUROPHARMA | ₹91,489 cr | 24.9x | 2.4x | 10.5% | 12.8% | 20.0% | +10.6% | 0.26% |
| FDC | ₹5,640 cr | 19.3x | 2.3x | 12.3% | 15.9% | 14.4% | +6.8% | 1.43% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-02-11 | Dividend | Interim Dividend - Rs 5 Per Share |
| 2024-11-22 | Dividend | Interim Dividend - Rs 5 Per Share |
| 2024-09-19 | Other | Annual General Meeting |
| 2023-09-20 | Other | Annual General Meeting |
| 2023-08-25 | Buyback | Buy Back |
| 2022-09-13 | Other | Annual General Meeting |
| 2022-02-17 | Buyback | Buy Back |
| 2021-09-20 | Other | Annual General Meeting |
| 2020-09-22 | Other | Annual General Meeting |
| 2020-08-20 | Buyback | Buyback |
| 2020-03-19 | Dividend | Interim Dividend - Rs 0.80 Per Share |
| 2019-09-19 | Other | Annual General Meeting |
| 2019-06-06 | Buyback | Buyback |
| 2018-08-30 | Other | Annual General Meeting |
| 2018-02-26 | Buyback | Buyback |
| 2017-08-08 | Dividend | Annual General Meeting/Dividend - Rs 2.25 Per Share |
| 2016-09-06 | Other | Annual General Meeting |
| 2016-03-17 | Dividend | Interim Dividend - Rs 2.25/- Per Share |
| 2015-09-23 | Dividend | Annual General Meeting/ Dividend - Rs 2.25/- Per Share |
| 2014-07-28 | Dividend | Annual General Meeting/Dividend Rs 2.25/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Pharmaceutical: Manufacturing and marketing of pharmaceutical products
| Sector | Healthcare |
| Industry | Pharmaceuticals |
| Sub-industry | Pharmaceuticals |
| Symbol | FDC |
| BSE code | 531599 |
| ISIN | INE258B01022 |
| Face value | ₹1.0 |
| Incorporated | 1940-09-23 |
| Website | https://www.fdcindia.com |
| Plants (India / abroad) | 9 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.