Fermenta Biotech share price today
Fermenta Biotech Ltd · NSE: FERMENTA · Pharma - API · price as of the 4 November 2026 close, updated every trading day · results updated weekly · research updated 17 May 2026
Fermenta Biotech share price today: ₹439.80 at the NSE close on 4 November 2026, up 57.9% in a year. Fermenta Biotech (NSE: FERMENTA) is worth ₹1,293 crore, trades at a P/E of 23.6 and has closed between ₹269.00 and ₹559.55 over the past 52 weeks. Latest change: promoters cut their stake by 4 points in one quarter.
Fermenta Biotech Ltd's share price has risen faster than its earnings: +57.9% in a year, against −6.6% for earnings per share.
The main question: the share price moved +57.9% in a year while yearly earnings per share moved −6.6%. The difference came from the market paying a higher multiple.
The price has been rising for 17 weeks, and the P/E is higher than 73% of its own last 11 years. Over the last four quarters, results have been deteriorating, with profit −55.9% on a year earlier, and 110% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.
What is the Fermenta Biotech share price today?
Fermenta Biotech Ltd's share price was ₹439.80 at the close on 4 November 2026. It has been rising for 17 weeks. That is 7.3% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹269 and ₹560, and at that close it sat 59% of the way up from that low.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Fermenta Biotech Ltd is in stage 2. The phase helps read everything below.
Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row.
1Y
Nov 2026: ₹440, 7.3% above its 200-day average. The price has been rising for 17 weeks.
- Price ₹440
- 50-day avg ₹477
- 200-day avg ₹410
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 31 Oct 2025 | ₹276 | ₹306 | ₹314 |
| 7 Nov 2025 | ₹279 | ₹302 | ₹313 |
| 14 Nov 2025 | ₹292 | ₹299 | ₹311 |
| 21 Nov 2025 | ₹279 | ₹295 | ₹310 |
| 28 Nov 2025 | ₹283 | ₹292 | ₹308 |
| 5 Dec 2025 | ₹269 | ₹288 | ₹306 |
| 12 Dec 2025 | ₹340 | ₹291 | ₹306 |
| 19 Dec 2025 | ₹354 | ₹302 | ₹308 |
| 26 Dec 2025 | ₹354 | ₹310 | ₹310 |
| 2 Jan 2026 | ₹350 | ₹317 | ₹312 |
| 9 Jan 2026 | ₹328 | ₹321 | ₹313 |
| 16 Jan 2026 | ₹333 | ₹322 | ₹314 |
| 23 Jan 2026 | ₹311 | ₹322 | ₹314 |
| 1 Feb 2026 | ₹329 | ₹322 | ₹315 |
| 6 Feb 2026 | ₹328 | ₹323 | ₹315 |
| 13 Feb 2026 | ₹311 | ₹322 | ₹315 |
| 20 Feb 2026 | ₹323 | ₹322 | ₹316 |
| 27 Feb 2026 | ₹325 | ₹324 | ₹317 |
| 6 Mar 2026 | ₹325 | ₹324 | ₹317 |
| 17 Apr 2026 | ₹313 | ₹330 | ₹321 |
| 24 Apr 2026 | ₹319 | ₹328 | ₹321 |
| 30 Apr 2026 | ₹311 | ₹325 | ₹320 |
| 8 May 2026 | ₹289 | ₹320 | ₹319 |
| 15 May 2026 | ₹295 | ₹315 | ₹318 |
| 22 May 2026 | ₹303 | ₹312 | ₹317 |
| 29 May 2026 | ₹295 | ₹309 | ₹316 |
| 4 Jun 2026 | ₹320 | ₹310 | ₹316 |
| 5 Jun 2026 | ₹337 | ₹311 | ₹316 |
| 10 Jun 2026 | ₹328 | ₹314 | ₹317 |
| 12 Jun 2026 | ₹339 | ₹315 | ₹317 |
| 17 Jun 2026 | ₹322 | ₹316 | ₹317 |
| 19 Jun 2026 | ₹338 | ₹317 | ₹317 |
| 24 Jun 2026 | ₹365 | ₹321 | ₹319 |
| 25 Jun 2026 | ₹366 | ₹323 | ₹319 |
| 1 Jul 2026 | ₹355 | ₹327 | ₹320 |
| 3 Jul 2026 | ₹346 | ₹328 | ₹321 |
| 10 Jul 2026 | ₹412 | ₹339 | ₹324 |
| 17 Jul 2026 | ₹432 | ₹359 | ₹330 |
| 24 Jul 2026 | ₹433 | ₹371 | ₹335 |
| 31 Jul 2026 | ₹501 | ₹388 | ₹341 |
| 7 Aug 2026 | ₹560 | ₹417 | ₹351 |
| 14 Aug 2026 | ₹449 | ₹428 | ₹357 |
| 21 Aug 2026 | ₹478 | ₹434 | ₹362 |
| 28 Aug 2026 | ₹510 | ₹443 | ₹368 |
| 4 Sep 2026 | ₹498 | ₹454 | ₹375 |
| 11 Sep 2026 | ₹475 | ₹460 | ₹380 |
| 18 Sep 2026 | ₹476 | ₹461 | ₹384 |
| 25 Sep 2026 | ₹468 | ₹463 | ₹388 |
| 28 Sep 2026 | ₹476 | ₹464 | ₹389 |
| 1 Oct 2026 | ₹551 | ₹474 | ₹394 |
| 9 Oct 2026 | ₹518 | ₹487 | ₹401 |
| 16 Oct 2026 | ₹488 | ₹490 | ₹406 |
| 23 Oct 2026 | ₹455 | ₹485 | ₹408 |
| 30 Oct 2026 | ₹418 | ₹477 | ₹410 |
| 4 Nov 2026 | ₹440 | ₹477 | ₹410 |
3Y
Nov 2026: ₹440, 7.3% above its 200-day average. The price has been rising for 17 weeks.
- Price ₹440
- 50-day avg ₹477
- 200-day avg ₹410
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 3 Nov 2023 | ₹176 | ₹166 | ₹161 |
| 12 Nov 2023 | ₹157 | ₹165 | ₹161 |
| 17 Nov 2023 | ₹158 | ₹163 | ₹160 |
| 24 Nov 2023 | ₹156 | ₹162 | ₹160 |
| 1 Dec 2023 | ₹156 | ₹161 | ₹160 |
| 8 Dec 2023 | ₹153 | ₹160 | ₹160 |
| 15 Dec 2023 | ₹152 | ₹159 | ₹159 |
| 22 Dec 2023 | ₹150 | ₹157 | ₹159 |
| 29 Dec 2023 | ₹162 | ₹158 | ₹159 |
| 5 Jan 2024 | ₹178 | ₹161 | ₹160 |
| 12 Jan 2024 | ₹167 | ₹162 | ₹160 |
| 20 Jan 2024 | ₹156 | ₹162 | ₹160 |
| 25 Jan 2024 | ₹155 | ₹161 | ₹160 |
| 2 Feb 2024 | ₹160 | ₹160 | ₹160 |
| 9 Feb 2024 | ₹165 | ₹161 | ₹160 |
| 16 Feb 2024 | ₹179 | ₹163 | ₹161 |
| 23 Feb 2024 | ₹196 | ₹169 | ₹163 |
| 2 Mar 2024 | ₹177 | ₹172 | ₹164 |
| 7 Mar 2024 | ₹169 | ₹172 | ₹164 |
| 15 Mar 2024 | ₹154 | ₹170 | ₹164 |
| 22 Mar 2024 | ₹151 | ₹167 | ₹163 |
| 28 Mar 2024 | ₹151 | ₹165 | ₹163 |
| 5 Apr 2024 | ₹168 | ₹165 | ₹163 |
| 12 Apr 2024 | ₹175 | ₹166 | ₹164 |
| 19 Apr 2024 | ₹170 | ₹167 | ₹164 |
| 26 Apr 2024 | ₹177 | ₹169 | ₹165 |
| 3 May 2024 | ₹169 | ₹170 | ₹165 |
| 10 May 2024 | ₹160 | ₹168 | ₹165 |
| 18 May 2024 | ₹163 | ₹167 | ₹165 |
| 24 May 2024 | ₹167 | ₹166 | ₹164 |
| 31 May 2024 | ₹155 | ₹165 | ₹164 |
| 7 Jun 2024 | ₹158 | ₹163 | ₹164 |
| 14 Jun 2024 | ₹173 | ₹164 | ₹164 |
| 21 Jun 2024 | ₹168 | ₹165 | ₹164 |
| 28 Jun 2024 | ₹166 | ₹166 | ₹164 |
| 5 Jul 2024 | ₹206 | ₹168 | ₹165 |
| 12 Jul 2024 | ₹198 | ₹174 | ₹167 |
| 19 Jul 2024 | ₹229 | ₹180 | ₹169 |
| 26 Jul 2024 | ₹256 | ₹193 | ₹173 |
| 2 Aug 2024 | ₹256 | ₹204 | ₹177 |
| 9 Aug 2024 | ₹254 | ₹212 | ₹180 |
| 16 Aug 2024 | ₹262 | ₹217 | ₹183 |
| 23 Aug 2024 | ₹313 | ₹233 | ₹189 |
| 30 Aug 2024 | ₹310 | ₹246 | ₹194 |
| 6 Sep 2024 | ₹287 | ₹256 | ₹199 |
| 13 Sep 2024 | ₹278 | ₹260 | ₹203 |
| 20 Sep 2024 | ₹288 | ₹265 | ₹208 |
| 27 Sep 2024 | ₹301 | ₹271 | ₹212 |
| 4 Oct 2024 | ₹291 | ₹275 | ₹215 |
| 11 Oct 2024 | ₹314 | ₹280 | ₹220 |
| 18 Oct 2024 | ₹312 | ₹286 | ₹224 |
| 25 Oct 2024 | ₹294 | ₹288 | ₹228 |
| 1 Nov 2024 | ₹313 | ₹290 | ₹231 |
| 8 Nov 2024 | ₹336 | ₹298 | ₹236 |
| 14 Nov 2024 | ₹334 | ₹302 | ₹240 |
| 22 Nov 2024 | ₹326 | ₹305 | ₹243 |
| 29 Nov 2024 | ₹361 | ₹316 | ₹249 |
| 6 Dec 2024 | ₹407 | ₹331 | ₹256 |
| 13 Dec 2024 | ₹404 | ₹345 | ₹264 |
| 20 Dec 2024 | ₹384 | ₹353 | ₹270 |
| 27 Dec 2024 | ₹371 | ₹357 | ₹274 |
| 3 Jan 2025 | ₹402 | ₹363 | ₹280 |
| 10 Jan 2025 | ₹403 | ₹372 | ₹286 |
| 17 Jan 2025 | ₹394 | ₹374 | ₹291 |
| 24 Jan 2025 | ₹382 | ₹378 | ₹296 |
| 1 Feb 2025 | ₹367 | ₹375 | ₹300 |
| 7 Feb 2025 | ₹391 | ₹378 | ₹304 |
| 14 Feb 2025 | ₹299 | ₹372 | ₹307 |
| 21 Feb 2025 | ₹269 | ₹355 | ₹305 |
| 28 Feb 2025 | ₹225 | ₹337 | ₹302 |
| 7 Mar 2025 | ₹282 | ₹322 | ₹300 |
| 13 Mar 2025 | ₹244 | ₹311 | ₹298 |
| 21 Mar 2025 | ₹276 | ₹301 | ₹296 |
| 28 Mar 2025 | ₹274 | ₹297 | ₹295 |
| 4 Apr 2025 | ₹284 | ₹296 | ₹295 |
| 11 Apr 2025 | ₹264 | ₹292 | ₹294 |
| 17 Apr 2025 | ₹275 | ₹290 | ₹293 |
| 25 Apr 2025 | ₹279 | ₹289 | ₹293 |
| 2 May 2025 | ₹256 | ₹286 | ₹292 |
| 9 May 2025 | ₹259 | ₹282 | ₹291 |
| 16 May 2025 | ₹303 | ₹282 | ₹290 |
| 23 May 2025 | ₹295 | ₹284 | ₹290 |
| 30 May 2025 | ₹312 | ₹288 | ₹291 |
| 6 Jun 2025 | ₹322 | ₹294 | ₹292 |
| 13 Jun 2025 | ₹338 | ₹301 | ₹294 |
| 20 Jun 2025 | ₹315 | ₹306 | ₹296 |
| 27 Jun 2025 | ₹324 | ₹307 | ₹297 |
| 4 Jul 2025 | ₹329 | ₹312 | ₹299 |
| 11 Jul 2025 | ₹384 | ₹320 | ₹301 |
| 18 Jul 2025 | ₹372 | ₹331 | ₹305 |
| 25 Jul 2025 | ₹375 | ₹340 | ₹309 |
| 1 Aug 2025 | ₹362 | ₹345 | ₹312 |
| 8 Aug 2025 | ₹339 | ₹346 | ₹314 |
| 14 Aug 2025 | ₹359 | ₹348 | ₹315 |
| 22 Aug 2025 | ₹336 | ₹347 | ₹317 |
| 29 Aug 2025 | ₹318 | ₹343 | ₹317 |
| 5 Sep 2025 | ₹335 | ₹341 | ₹318 |
| 12 Sep 2025 | ₹364 | ₹343 | ₹319 |
| 19 Sep 2025 | ₹337 | ₹344 | ₹321 |
| 26 Sep 2025 | ₹315 | ₹341 | ₹321 |
| 3 Oct 2025 | ₹327 | ₹338 | ₹321 |
| 10 Oct 2025 | ₹300 | ₹332 | ₹320 |
| 17 Oct 2025 | ₹263 | ₹322 | ₹318 |
| 24 Oct 2025 | ₹272 | ₹314 | ₹316 |
| 31 Oct 2025 | ₹276 | ₹306 | ₹314 |
| 7 Nov 2025 | ₹279 | ₹302 | ₹313 |
| 14 Nov 2025 | ₹292 | ₹299 | ₹311 |
| 21 Nov 2025 | ₹279 | ₹295 | ₹310 |
| 28 Nov 2025 | ₹283 | ₹292 | ₹308 |
| 5 Dec 2025 | ₹269 | ₹288 | ₹306 |
| 12 Dec 2025 | ₹340 | ₹291 | ₹306 |
| 19 Dec 2025 | ₹354 | ₹302 | ₹308 |
| 26 Dec 2025 | ₹354 | ₹310 | ₹310 |
| 2 Jan 2026 | ₹350 | ₹317 | ₹312 |
| 9 Jan 2026 | ₹328 | ₹321 | ₹313 |
| 16 Jan 2026 | ₹333 | ₹322 | ₹314 |
| 23 Jan 2026 | ₹311 | ₹322 | ₹314 |
| 1 Feb 2026 | ₹329 | ₹322 | ₹315 |
| 6 Feb 2026 | ₹328 | ₹323 | ₹315 |
| 13 Feb 2026 | ₹311 | ₹322 | ₹315 |
| 20 Feb 2026 | ₹323 | ₹322 | ₹316 |
| 27 Feb 2026 | ₹325 | ₹324 | ₹317 |
| 6 Mar 2026 | ₹325 | ₹324 | ₹317 |
| 17 Apr 2026 | ₹313 | ₹330 | ₹321 |
| 24 Apr 2026 | ₹319 | ₹328 | ₹321 |
| 30 Apr 2026 | ₹311 | ₹325 | ₹320 |
| 8 May 2026 | ₹289 | ₹320 | ₹319 |
| 15 May 2026 | ₹295 | ₹315 | ₹318 |
| 22 May 2026 | ₹303 | ₹312 | ₹317 |
| 29 May 2026 | ₹295 | ₹309 | ₹316 |
| 4 Jun 2026 | ₹320 | ₹310 | ₹316 |
| 5 Jun 2026 | ₹337 | ₹311 | ₹316 |
| 10 Jun 2026 | ₹328 | ₹314 | ₹317 |
| 12 Jun 2026 | ₹339 | ₹315 | ₹317 |
| 17 Jun 2026 | ₹322 | ₹316 | ₹317 |
| 19 Jun 2026 | ₹338 | ₹317 | ₹317 |
| 24 Jun 2026 | ₹365 | ₹321 | ₹319 |
| 25 Jun 2026 | ₹366 | ₹323 | ₹319 |
| 1 Jul 2026 | ₹355 | ₹327 | ₹320 |
| 3 Jul 2026 | ₹346 | ₹328 | ₹321 |
| 10 Jul 2026 | ₹412 | ₹339 | ₹324 |
| 17 Jul 2026 | ₹432 | ₹359 | ₹330 |
| 24 Jul 2026 | ₹433 | ₹371 | ₹335 |
| 31 Jul 2026 | ₹501 | ₹388 | ₹341 |
| 7 Aug 2026 | ₹560 | ₹417 | ₹351 |
| 14 Aug 2026 | ₹449 | ₹428 | ₹357 |
| 21 Aug 2026 | ₹478 | ₹434 | ₹362 |
| 28 Aug 2026 | ₹510 | ₹443 | ₹368 |
| 4 Sep 2026 | ₹498 | ₹454 | ₹375 |
| 11 Sep 2026 | ₹475 | ₹460 | ₹380 |
| 18 Sep 2026 | ₹476 | ₹461 | ₹384 |
| 25 Sep 2026 | ₹468 | ₹463 | ₹388 |
| 28 Sep 2026 | ₹476 | ₹464 | ₹389 |
| 1 Oct 2026 | ₹551 | ₹474 | ₹394 |
| 9 Oct 2026 | ₹518 | ₹487 | ₹401 |
| 16 Oct 2026 | ₹488 | ₹490 | ₹406 |
| 23 Oct 2026 | ₹455 | ₹485 | ₹408 |
| 30 Oct 2026 | ₹418 | ₹477 | ₹410 |
| 4 Nov 2026 | ₹440 | ₹477 | ₹410 |
5Y
Nov 2026: ₹440, 7.3% above its 200-day average. The price has been rising for 17 weeks.
- Price ₹440
- 50-day avg ₹477
- 200-day avg ₹410
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 29 Oct 2021 | ₹287 | ₹298 | ₹302 |
| 12 Nov 2021 | ₹305 | ₹300 | ₹302 |
| 26 Nov 2021 | ₹299 | ₹295 | ₹300 |
| 10 Dec 2021 | ₹290 | ₹293 | ₹299 |
| 24 Dec 2021 | ₹283 | ₹289 | ₹297 |
| 7 Jan 2022 | ₹307 | ₹291 | ₹297 |
| 21 Jan 2022 | ₹296 | ₹293 | ₹297 |
| 4 Feb 2022 | ₹288 | ₹292 | ₹296 |
| 18 Feb 2022 | ₹261 | ₹285 | ₹294 |
| 4 Mar 2022 | ₹226 | ₹272 | ₹290 |
| 17 Mar 2022 | ₹230 | ₹259 | ₹284 |
| 1 Apr 2022 | ₹236 | ₹245 | ₹278 |
| 13 Apr 2022 | ₹224 | ₹243 | ₹275 |
| 29 Apr 2022 | ₹222 | ₹238 | ₹270 |
| 13 May 2022 | ₹202 | ₹230 | ₹265 |
| 27 May 2022 | ₹199 | ₹219 | ₹259 |
| 10 Jun 2022 | ₹201 | ₹214 | ₹254 |
| 24 Jun 2022 | ₹195 | ₹208 | ₹248 |
| 8 Jul 2022 | ₹187 | ₹202 | ₹243 |
| 22 Jul 2022 | ₹192 | ₹199 | ₹238 |
| 5 Aug 2022 | ₹194 | ₹197 | ₹233 |
| 19 Aug 2022 | ₹185 | ₹195 | ₹230 |
| 2 Sep 2022 | ₹206 | ₹192 | ₹226 |
| 16 Sep 2022 | ₹219 | ₹205 | ₹227 |
| 30 Sep 2022 | ₹207 | ₹205 | ₹225 |
| 14 Oct 2022 | ₹199 | ₹205 | ₹223 |
| 28 Oct 2022 | ₹199 | ₹203 | ₹221 |
| 11 Nov 2022 | ₹195 | ₹200 | ₹219 |
| 25 Nov 2022 | ₹182 | ₹194 | ₹215 |
| 9 Dec 2022 | ₹181 | ₹190 | ₹212 |
| 23 Dec 2022 | ₹174 | ₹186 | ₹209 |
| 6 Jan 2023 | ₹173 | ₹183 | ₹206 |
| 20 Jan 2023 | ₹177 | ₹180 | ₹203 |
| 3 Feb 2023 | ₹163 | ₹177 | ₹200 |
| 17 Feb 2023 | ₹140 | ₹167 | ₹195 |
| 3 Mar 2023 | ₹143 | ₹157 | ₹189 |
| 17 Mar 2023 | ₹136 | ₹151 | ₹185 |
| 31 Mar 2023 | ₹107 | ₹142 | ₹180 |
| 13 Apr 2023 | ₹142 | ₹140 | ₹176 |
| 28 Apr 2023 | ₹144 | ₹142 | ₹173 |
| 12 May 2023 | ₹152 | ₹144 | ₹171 |
| 26 May 2023 | ₹143 | ₹144 | ₹169 |
| 9 Jun 2023 | ₹139 | ₹143 | ₹166 |
| 23 Jun 2023 | ₹136 | ₹142 | ₹164 |
| 7 Jul 2023 | ₹139 | ₹140 | ₹161 |
| 21 Jul 2023 | ₹139 | ₹140 | ₹159 |
| 4 Aug 2023 | ₹159 | ₹142 | ₹158 |
| 18 Aug 2023 | ₹150 | ₹146 | ₹158 |
| 1 Sep 2023 | ₹159 | ₹147 | ₹157 |
| 15 Sep 2023 | ₹157 | ₹151 | ₹157 |
| 29 Sep 2023 | ₹158 | ₹155 | ₹158 |
| 13 Oct 2023 | ₹163 | ₹157 | ₹158 |
| 27 Oct 2023 | ₹178 | ₹163 | ₹160 |
| 12 Nov 2023 | ₹157 | ₹165 | ₹161 |
| 24 Nov 2023 | ₹156 | ₹162 | ₹160 |
| 8 Dec 2023 | ₹153 | ₹160 | ₹160 |
| 22 Dec 2023 | ₹150 | ₹157 | ₹159 |
| 5 Jan 2024 | ₹178 | ₹161 | ₹160 |
| 20 Jan 2024 | ₹156 | ₹162 | ₹160 |
| 2 Feb 2024 | ₹160 | ₹160 | ₹160 |
| 16 Feb 2024 | ₹179 | ₹163 | ₹161 |
| 2 Mar 2024 | ₹177 | ₹172 | ₹164 |
| 15 Mar 2024 | ₹154 | ₹170 | ₹164 |
| 28 Mar 2024 | ₹151 | ₹165 | ₹163 |
| 12 Apr 2024 | ₹175 | ₹166 | ₹164 |
| 26 Apr 2024 | ₹177 | ₹169 | ₹165 |
| 10 May 2024 | ₹160 | ₹168 | ₹165 |
| 24 May 2024 | ₹167 | ₹166 | ₹164 |
| 7 Jun 2024 | ₹158 | ₹163 | ₹164 |
| 21 Jun 2024 | ₹168 | ₹165 | ₹164 |
| 5 Jul 2024 | ₹206 | ₹168 | ₹165 |
| 19 Jul 2024 | ₹229 | ₹180 | ₹169 |
| 2 Aug 2024 | ₹256 | ₹204 | ₹177 |
| 16 Aug 2024 | ₹262 | ₹217 | ₹183 |
| 30 Aug 2024 | ₹310 | ₹246 | ₹194 |
| 13 Sep 2024 | ₹278 | ₹260 | ₹203 |
| 27 Sep 2024 | ₹301 | ₹271 | ₹212 |
| 11 Oct 2024 | ₹314 | ₹280 | ₹220 |
| 25 Oct 2024 | ₹294 | ₹288 | ₹228 |
| 8 Nov 2024 | ₹336 | ₹298 | ₹236 |
| 22 Nov 2024 | ₹326 | ₹305 | ₹243 |
| 6 Dec 2024 | ₹407 | ₹331 | ₹256 |
| 20 Dec 2024 | ₹384 | ₹353 | ₹270 |
| 3 Jan 2025 | ₹402 | ₹363 | ₹280 |
| 17 Jan 2025 | ₹394 | ₹374 | ₹291 |
| 1 Feb 2025 | ₹367 | ₹375 | ₹300 |
| 14 Feb 2025 | ₹299 | ₹372 | ₹307 |
| 28 Feb 2025 | ₹225 | ₹337 | ₹302 |
| 13 Mar 2025 | ₹244 | ₹311 | ₹298 |
| 28 Mar 2025 | ₹274 | ₹297 | ₹295 |
| 11 Apr 2025 | ₹264 | ₹292 | ₹294 |
| 25 Apr 2025 | ₹279 | ₹289 | ₹293 |
| 9 May 2025 | ₹259 | ₹282 | ₹291 |
| 23 May 2025 | ₹295 | ₹284 | ₹290 |
| 6 Jun 2025 | ₹322 | ₹294 | ₹292 |
| 20 Jun 2025 | ₹315 | ₹306 | ₹296 |
| 4 Jul 2025 | ₹329 | ₹312 | ₹299 |
| 18 Jul 2025 | ₹372 | ₹331 | ₹305 |
| 1 Aug 2025 | ₹362 | ₹345 | ₹312 |
| 14 Aug 2025 | ₹359 | ₹348 | ₹315 |
| 29 Aug 2025 | ₹318 | ₹343 | ₹317 |
| 12 Sep 2025 | ₹364 | ₹343 | ₹319 |
| 26 Sep 2025 | ₹315 | ₹341 | ₹321 |
| 10 Oct 2025 | ₹300 | ₹332 | ₹320 |
| 24 Oct 2025 | ₹272 | ₹314 | ₹316 |
| 7 Nov 2025 | ₹279 | ₹302 | ₹313 |
| 21 Nov 2025 | ₹279 | ₹295 | ₹310 |
| 5 Dec 2025 | ₹269 | ₹288 | ₹306 |
| 19 Dec 2025 | ₹354 | ₹302 | ₹308 |
| 2 Jan 2026 | ₹350 | ₹317 | ₹312 |
| 16 Jan 2026 | ₹333 | ₹322 | ₹314 |
| 1 Feb 2026 | ₹329 | ₹322 | ₹315 |
| 13 Feb 2026 | ₹311 | ₹322 | ₹315 |
| 27 Feb 2026 | ₹325 | ₹324 | ₹317 |
| 17 Apr 2026 | ₹313 | ₹330 | ₹321 |
| 30 Apr 2026 | ₹311 | ₹325 | ₹320 |
| 15 May 2026 | ₹295 | ₹315 | ₹318 |
| 29 May 2026 | ₹295 | ₹309 | ₹316 |
| 5 Jun 2026 | ₹337 | ₹311 | ₹316 |
| 12 Jun 2026 | ₹339 | ₹315 | ₹317 |
| 19 Jun 2026 | ₹338 | ₹317 | ₹317 |
| 25 Jun 2026 | ₹366 | ₹323 | ₹319 |
| 3 Jul 2026 | ₹346 | ₹328 | ₹321 |
| 17 Jul 2026 | ₹432 | ₹359 | ₹330 |
| 31 Jul 2026 | ₹501 | ₹388 | ₹341 |
| 14 Aug 2026 | ₹449 | ₹428 | ₹357 |
| 28 Aug 2026 | ₹510 | ₹443 | ₹368 |
| 11 Sep 2026 | ₹475 | ₹460 | ₹380 |
| 25 Sep 2026 | ₹468 | ₹463 | ₹388 |
| 1 Oct 2026 | ₹551 | ₹474 | ₹394 |
| 16 Oct 2026 | ₹488 | ₹490 | ₹406 |
| 30 Oct 2026 | ₹418 | ₹477 | ₹410 |
| 4 Nov 2026 | ₹440 | ₹477 | ₹410 |
10Y
Nov 2026: ₹440, 7.3% above its 200-day average. The price has been rising for 17 weeks.
- Price ₹440
- 50-day avg ₹477
- 200-day avg ₹410
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 30 Oct 2016 | ₹73 | ₹67 | ₹61 |
| 18 Nov 2016 | ₹64 | ₹67 | ₹62 |
| 9 Dec 2016 | ₹63 | ₹66 | ₹62 |
| 30 Dec 2016 | ₹61 | ₹64 | ₹62 |
| 20 Jan 2017 | ₹64 | ₹64 | ₹62 |
| 10 Feb 2017 | ₹68 | ₹65 | ₹63 |
| 3 Mar 2017 | ₹64 | ₹65 | ₹63 |
| 24 Mar 2017 | ₹61 | ₹63 | ₹63 |
| 13 Apr 2017 | ₹65 | ₹63 | ₹63 |
| 5 May 2017 | ₹62 | ₹63 | ₹63 |
| 26 May 2017 | ₹60 | ₹62 | ₹62 |
| 16 Jun 2017 | ₹59 | ₹61 | ₹62 |
| 7 Jul 2017 | ₹58 | ₹60 | ₹62 |
| 28 Jul 2017 | ₹61 | ₹60 | ₹61 |
| 16 Aug 2017 | ₹58 | ₹61 | ₹61 |
| 8 Sep 2017 | ₹59 | ₹59 | ₹61 |
| 29 Sep 2017 | ₹55 | ₹57 | ₹60 |
| 19 Oct 2017 | ₹91 | ₹67 | ₹63 |
| 10 Nov 2017 | ₹109 | ₹81 | ₹67 |
| 1 Dec 2017 | ₹141 | ₹100 | ₹75 |
| 22 Dec 2017 | ₹140 | ₹115 | ₹83 |
| 12 Jan 2018 | ₹189 | ₹134 | ₹93 |
| 2 Feb 2018 | ₹210 | ₹168 | ₹108 |
| 23 Feb 2018 | ₹277 | ₹201 | ₹126 |
| 16 Mar 2018 | ₹245 | ₹231 | ₹145 |
| 6 Apr 2018 | ₹256 | ₹234 | ₹156 |
| 27 Apr 2018 | ₹253 | ₹244 | ₹170 |
| 18 May 2018 | ₹232 | ₹257 | ₹184 |
| 8 Jun 2018 | ₹245 | ₹248 | ₹191 |
| 29 Jun 2018 | ₹282 | ₹268 | ₹205 |
| 20 Jul 2018 | ₹311 | ₹282 | ₹218 |
| 10 Aug 2018 | ₹356 | ₹300 | ₹232 |
| 31 Aug 2018 | ₹273 | ₹293 | ₹239 |
| 21 Sep 2018 | ₹272 | ₹288 | ₹244 |
| 12 Oct 2018 | ₹251 | ₹272 | ₹245 |
| 2 Nov 2018 | ₹280 | ₹266 | ₹246 |
| 22 Nov 2018 | ₹327 | ₹287 | ₹255 |
| 14 Dec 2018 | ₹327 | ₹305 | ₹265 |
| 4 Jan 2019 | ₹334 | ₹316 | ₹274 |
| 25 Jan 2019 | ₹308 | ₹326 | ₹283 |
| 15 Feb 2019 | ₹269 | ₹312 | ₹285 |
| 8 Mar 2019 | ₹282 | ₹294 | ₹283 |
| 29 Mar 2019 | ₹274 | ₹279 | ₹280 |
| 18 Apr 2019 | ₹255 | ₹273 | ₹278 |
| 10 May 2019 | ₹238 | ₹260 | ₹274 |
| 31 May 2019 | ₹293 | ₹252 | ₹269 |
| 21 Jun 2019 | ₹290 | ₹271 | ₹272 |
| 12 Jul 2019 | ₹270 | ₹275 | ₹274 |
| 2 Aug 2019 | ₹231 | ₹262 | ₹270 |
| 23 Aug 2019 | ₹298 | ₹261 | ₹268 |
| 13 Sep 2019 | ₹309 | ₹280 | ₹273 |
| 4 Oct 2019 | ₹297 | ₹291 | ₹277 |
| 27 Oct 2019 | ₹226 | ₹274 | ₹275 |
| 15 Nov 2019 | ₹229 | ₹254 | ₹269 |
| 6 Dec 2019 | ₹202 | ₹234 | ₹260 |
| 27 Dec 2019 | ₹239 | ₹227 | ₹255 |
| 17 Jan 2020 | ₹288 | ₹254 | ₹259 |
| 7 Feb 2020 | ₹280 | ₹272 | ₹264 |
| 28 Feb 2020 | ₹237 | ₹265 | ₹263 |
| 20 Mar 2020 | ₹195 | ₹242 | ₹257 |
| 9 Apr 2020 | ₹249 | ₹231 | ₹251 |
| 30 Apr 2020 | ₹255 | ₹238 | ₹251 |
| 22 May 2020 | ₹244 | ₹239 | ₹249 |
| 12 Jun 2020 | ₹269 | ₹244 | ₹249 |
| 3 Jul 2020 | ₹258 | ₹260 | ₹254 |
| 24 Jul 2020 | ₹300 | ₹270 | ₹257 |
| 14 Aug 2020 | ₹346 | ₹300 | ₹268 |
| 4 Sep 2020 | ₹381 | ₹333 | ₹282 |
| 25 Sep 2020 | ₹361 | ₹354 | ₹296 |
| 16 Oct 2020 | ₹351 | ₹357 | ₹305 |
| 6 Nov 2020 | ₹303 | ₹340 | ₹307 |
| 27 Nov 2020 | ₹301 | ₹329 | ₹308 |
| 18 Dec 2020 | ₹326 | ₹330 | ₹311 |
| 8 Jan 2021 | ₹310 | ₹324 | ₹312 |
| 29 Jan 2021 | ₹297 | ₹313 | ₹310 |
| 19 Feb 2021 | ₹273 | ₹301 | ₹307 |
| 12 Mar 2021 | ₹289 | ₹293 | ₹304 |
| 1 Apr 2021 | ₹264 | ₹281 | ₹299 |
| 23 Apr 2021 | ₹320 | ₹282 | ₹297 |
| 14 May 2021 | ₹313 | ₹299 | ₹300 |
| 4 Jun 2021 | ₹323 | ₹309 | ₹303 |
| 25 Jun 2021 | ₹326 | ₹316 | ₹306 |
| 16 Jul 2021 | ₹310 | ₹318 | ₹308 |
| 6 Aug 2021 | ₹311 | ₹316 | ₹309 |
| 27 Aug 2021 | ₹285 | ₹305 | ₹307 |
| 17 Sep 2021 | ₹283 | ₹295 | ₹303 |
| 8 Oct 2021 | ₹309 | ₹289 | ₹300 |
| 29 Oct 2021 | ₹287 | ₹298 | ₹302 |
| 18 Nov 2021 | ₹278 | ₹298 | ₹301 |
| 10 Dec 2021 | ₹290 | ₹293 | ₹299 |
| 31 Dec 2021 | ₹290 | ₹288 | ₹297 |
| 21 Jan 2022 | ₹296 | ₹293 | ₹297 |
| 11 Feb 2022 | ₹282 | ₹291 | ₹296 |
| 4 Mar 2022 | ₹226 | ₹272 | ₹290 |
| 25 Mar 2022 | ₹219 | ₹252 | ₹281 |
| 13 Apr 2022 | ₹224 | ₹243 | ₹275 |
| 6 May 2022 | ₹210 | ₹235 | ₹268 |
| 27 May 2022 | ₹199 | ₹219 | ₹259 |
| 17 Jun 2022 | ₹193 | ₹211 | ₹251 |
| 8 Jul 2022 | ₹187 | ₹202 | ₹243 |
| 29 Jul 2022 | ₹191 | ₹197 | ₹235 |
| 19 Aug 2022 | ₹185 | ₹195 | ₹230 |
| 9 Sep 2022 | ₹235 | ₹201 | ₹227 |
| 30 Sep 2022 | ₹207 | ₹205 | ₹225 |
| 21 Oct 2022 | ₹196 | ₹204 | ₹222 |
| 11 Nov 2022 | ₹195 | ₹200 | ₹219 |
| 2 Dec 2022 | ₹185 | ₹192 | ₹214 |
| 23 Dec 2022 | ₹174 | ₹186 | ₹209 |
| 13 Jan 2023 | ₹175 | ₹181 | ₹204 |
| 3 Feb 2023 | ₹163 | ₹177 | ₹200 |
| 24 Feb 2023 | ₹135 | ₹162 | ₹192 |
| 17 Mar 2023 | ₹136 | ₹151 | ₹185 |
| 6 Apr 2023 | ₹135 | ₹141 | ₹178 |
| 28 Apr 2023 | ₹144 | ₹142 | ₹173 |
| 19 May 2023 | ₹146 | ₹145 | ₹170 |
| 9 Jun 2023 | ₹139 | ₹143 | ₹166 |
| 30 Jun 2023 | ₹137 | ₹141 | ₹162 |
| 21 Jul 2023 | ₹139 | ₹140 | ₹159 |
| 11 Aug 2023 | ₹154 | ₹145 | ₹158 |
| 1 Sep 2023 | ₹159 | ₹147 | ₹157 |
| 22 Sep 2023 | ₹171 | ₹154 | ₹158 |
| 13 Oct 2023 | ₹163 | ₹157 | ₹158 |
| 3 Nov 2023 | ₹176 | ₹166 | ₹161 |
| 24 Nov 2023 | ₹156 | ₹162 | ₹160 |
| 15 Dec 2023 | ₹152 | ₹159 | ₹159 |
| 5 Jan 2024 | ₹178 | ₹161 | ₹160 |
| 25 Jan 2024 | ₹155 | ₹161 | ₹160 |
| 16 Feb 2024 | ₹179 | ₹163 | ₹161 |
| 7 Mar 2024 | ₹169 | ₹172 | ₹164 |
| 28 Mar 2024 | ₹151 | ₹165 | ₹163 |
| 19 Apr 2024 | ₹170 | ₹167 | ₹164 |
| 10 May 2024 | ₹160 | ₹168 | ₹165 |
| 31 May 2024 | ₹155 | ₹165 | ₹164 |
| 21 Jun 2024 | ₹168 | ₹165 | ₹164 |
| 12 Jul 2024 | ₹198 | ₹174 | ₹167 |
| 2 Aug 2024 | ₹256 | ₹204 | ₹177 |
| 23 Aug 2024 | ₹313 | ₹233 | ₹189 |
| 13 Sep 2024 | ₹278 | ₹260 | ₹203 |
| 4 Oct 2024 | ₹291 | ₹275 | ₹215 |
| 25 Oct 2024 | ₹294 | ₹288 | ₹228 |
| 14 Nov 2024 | ₹334 | ₹302 | ₹240 |
| 6 Dec 2024 | ₹407 | ₹331 | ₹256 |
| 27 Dec 2024 | ₹371 | ₹357 | ₹274 |
| 17 Jan 2025 | ₹394 | ₹374 | ₹291 |
| 7 Feb 2025 | ₹391 | ₹378 | ₹304 |
| 28 Feb 2025 | ₹225 | ₹337 | ₹302 |
| 21 Mar 2025 | ₹276 | ₹301 | ₹296 |
| 11 Apr 2025 | ₹264 | ₹292 | ₹294 |
| 2 May 2025 | ₹256 | ₹286 | ₹292 |
| 23 May 2025 | ₹295 | ₹284 | ₹290 |
| 13 Jun 2025 | ₹338 | ₹301 | ₹294 |
| 4 Jul 2025 | ₹329 | ₹312 | ₹299 |
| 25 Jul 2025 | ₹375 | ₹340 | ₹309 |
| 14 Aug 2025 | ₹359 | ₹348 | ₹315 |
| 5 Sep 2025 | ₹335 | ₹341 | ₹318 |
| 26 Sep 2025 | ₹315 | ₹341 | ₹321 |
| 17 Oct 2025 | ₹263 | ₹322 | ₹318 |
| 7 Nov 2025 | ₹279 | ₹302 | ₹313 |
| 28 Nov 2025 | ₹283 | ₹292 | ₹308 |
| 19 Dec 2025 | ₹354 | ₹302 | ₹308 |
| 9 Jan 2026 | ₹328 | ₹321 | ₹313 |
| 1 Feb 2026 | ₹329 | ₹322 | ₹315 |
| 20 Feb 2026 | ₹323 | ₹322 | ₹316 |
| 17 Apr 2026 | ₹313 | ₹330 | ₹321 |
| 8 May 2026 | ₹289 | ₹320 | ₹319 |
| 29 May 2026 | ₹295 | ₹309 | ₹316 |
| 10 Jun 2026 | ₹328 | ₹314 | ₹317 |
| 19 Jun 2026 | ₹338 | ₹317 | ₹317 |
| 1 Jul 2026 | ₹355 | ₹327 | ₹320 |
| 17 Jul 2026 | ₹432 | ₹359 | ₹330 |
| 7 Aug 2026 | ₹560 | ₹417 | ₹351 |
| 28 Aug 2026 | ₹510 | ₹443 | ₹368 |
| 18 Sep 2026 | ₹476 | ₹461 | ₹384 |
| 1 Oct 2026 | ₹551 | ₹474 | ₹394 |
| 23 Oct 2026 | ₹455 | ₹485 | ₹408 |
| 4 Nov 2026 | ₹440 | ₹477 | ₹410 |
Price stage: Falling from Oct 2025 to Jan 2026; Sideways from Jan 2026 to Feb 2026; Rising from Feb 2026 to May 2026; Falling from May 2026 to Jun 2026; Sideways from Jun 2026 to Jul 2026; Rising from Jul 2026 to Oct 2026.
Price stage: Rising from Nov 2023 to Jan 2024; Sideways from Jan 2024 to Feb 2024; Rising from Mar 2024 to May 2024; Sideways from May 2024 to Jul 2024; Rising from Jul 2024 to Apr 2025; Falling from Apr 2025 to Jun 2025; Rising from Jul 2025 to Oct 2025; Falling from Oct 2025 to Jan 2026; Sideways from Jan 2026 to Feb 2026; Rising from Feb 2026 to May 2026; Falling from May 2026 to Jun 2026; Sideways from Jun 2026 to Jul 2026; Rising from Jul 2026 to Oct 2026.
Price stage: Falling from Oct 2021 to Oct 2023; Rising from Nov 2023 to Jan 2024; Sideways from Jan 2024 to Feb 2024; Rising from Mar 2024 to May 2024; Sideways from May 2024 to Jul 2024; Rising from Aug 2024 to Mar 2025; Falling from Apr 2025 to Jun 2025; Rising from Jul 2025 to Oct 2025; Falling from Nov 2025 to Feb 2026; Rising from Feb 2026 to May 2026; Falling from May 2026 to Jun 2026; Sideways from Jun 2026 to Jul 2026; Rising from Jul 2026 to Oct 2026.
Price stage: Rising from Oct 2016 to May 2017; Falling from Jun 2017 to Oct 2017; Rising from Nov 2017 to Mar 2019; Falling from Apr 2019 to Jul 2020; Rising from Jul 2020 to Jan 2021; Falling from Feb 2021 to Jun 2021; Rising from Jun 2021 to Aug 2021; Falling from Sep 2021 to Oct 2023; Rising from Nov 2023 to May 2024; Sideways from May 2024 to Jul 2024; Rising from Aug 2024 to Mar 2025; Falling from Apr 2025 to Jun 2025; Rising from Jul 2025 to Oct 2025; Falling from Nov 2025 to Feb 2026; Rising from Feb 2026 to May 2026; Falling from May 2026 to Jul 2026; Rising from Aug 2026 to Oct 2026.
Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Ahead in 254 of 545 weeks
| Week | 13-week return vs NIFTY 500 |
|---|---|
| 10 Mar 2016 | no NIFTY 500 reading |
| 18 Mar 2016 | no NIFTY 500 reading |
| 23 Mar 2016 | no NIFTY 500 reading |
| 1 Apr 2016 | no NIFTY 500 reading |
| 8 Apr 2016 | no NIFTY 500 reading |
| 13 Apr 2016 | no NIFTY 500 reading |
| 22 Apr 2016 | no NIFTY 500 reading |
| 29 Apr 2016 | no NIFTY 500 reading |
| 6 May 2016 | no NIFTY 500 reading |
| 13 May 2016 | no NIFTY 500 reading |
| 20 May 2016 | no NIFTY 500 reading |
| 27 May 2016 | no NIFTY 500 reading |
| 3 Jun 2016 | no NIFTY 500 reading |
| 10 Jun 2016 | −13.6% |
| 17 Jun 2016 | −12.8% |
| 24 Jun 2016 | −12.4% |
| 1 Jul 2016 | −10.3% |
| 8 Jul 2016 | −13.9% |
| 15 Jul 2016 | −12.5% |
| 22 Jul 2016 | −9.2% |
| 29 Jul 2016 | −7.0% |
| 5 Aug 2016 | −13.2% |
| 12 Aug 2016 | −13.8% |
| 19 Aug 2016 | −9.3% |
| 26 Aug 2016 | −12.7% |
| 2 Sep 2016 | −12.4% |
| 9 Sep 2016 | −10.1% |
| 16 Sep 2016 | −0.8% |
| 23 Sep 2016 | +20.3% |
| 30 Sep 2016 | +13.1% |
| 7 Oct 2016 | +19.8% |
| 14 Oct 2016 | +23.7% |
| 21 Oct 2016 | +21.4% |
| 30 Oct 2016 | +24.9% |
| 4 Nov 2016 | +20.8% |
| 11 Nov 2016 | +27.8% |
| 18 Nov 2016 | +18.5% |
| 25 Nov 2016 | +16.4% |
| 2 Dec 2016 | +16.6% |
| 9 Dec 2016 | +15.7% |
| 16 Dec 2016 | +8.3% |
| 23 Dec 2016 | −3.2% |
| 30 Dec 2016 | −5.9% |
| 6 Jan 2017 | −9.5% |
| 13 Jan 2017 | −10.4% |
| 20 Jan 2017 | −11.9% |
| 27 Jan 2017 | −12.8% |
| 3 Feb 2017 | −6.2% |
| 10 Feb 2017 | −9.7% |
| 17 Feb 2017 | −12.8% |
| 23 Feb 2017 | −5.0% |
| 3 Mar 2017 | −6.1% |
| 10 Mar 2017 | −12.7% |
| 17 Mar 2017 | −14.6% |
| 24 Mar 2017 | −19.8% |
| 31 Mar 2017 | −10.5% |
| 7 Apr 2017 | −9.3% |
| 13 Apr 2017 | −7.3% |
| 21 Apr 2017 | −11.4% |
| 28 Apr 2017 | −15.7% |
| 5 May 2017 | −17.9% |
| 12 May 2017 | −23.1% |
| 19 May 2017 | −13.4% |
| 26 May 2017 | −15.0% |
| 1 Jun 2017 | −19.8% |
| 9 Jun 2017 | −11.0% |
| 16 Jun 2017 | −10.6% |
| 23 Jun 2017 | −4.6% |
| 30 Jun 2017 | −13.1% |
| 7 Jul 2017 | −16.5% |
| 14 Jul 2017 | −15.9% |
| 21 Jul 2017 | −10.0% |
| 28 Jul 2017 | −9.0% |
| 4 Aug 2017 | +1.6% |
| 11 Aug 2017 | −6.7% |
| 16 Aug 2017 | −6.1% |
| 24 Aug 2017 | −7.7% |
| 1 Sep 2017 | −4.3% |
| 8 Sep 2017 | −7.9% |
| 15 Sep 2017 | −11.0% |
| 22 Sep 2017 | −14.8% |
| 29 Sep 2017 | −8.7% |
| 6 Oct 2017 | +16.7% |
| 13 Oct 2017 | +48.0% |
| 19 Oct 2017 | +44.0% |
| 27 Oct 2017 | +39.7% |
| 3 Nov 2017 | +50.4% |
| 10 Nov 2017 | +84.1% |
| 17 Nov 2017 | +91.5% |
| 24 Nov 2017 | +107.3% |
| 1 Dec 2017 | +144.2% |
| 8 Dec 2017 | +118.2% |
| 15 Dec 2017 | +126.3% |
| 22 Dec 2017 | +150.7% |
| 29 Dec 2017 | +154.3% |
| 5 Jan 2018 | +106.9% |
| 12 Jan 2018 | +99.1% |
| 19 Jan 2018 | +125.3% |
| 25 Jan 2018 | +143.5% |
| 2 Feb 2018 | +106.2% |
| 9 Feb 2018 | +110.5% |
| 16 Feb 2018 | +116.8% |
| 23 Feb 2018 | +123.9% |
| 1 Mar 2018 | +97.1% |
| 9 Mar 2018 | +113.3% |
| 16 Mar 2018 | +94.0% |
| 23 Mar 2018 | +75.9% |
| 28 Mar 2018 | +69.2% |
| 6 Apr 2018 | +75.9% |
| 13 Apr 2018 | +41.8% |
| 20 Apr 2018 | +23.4% |
| 27 Apr 2018 | +17.5% |
| 4 May 2018 | +18.7% |
| 11 May 2018 | +33.5% |
| 18 May 2018 | −6.5% |
| 25 May 2018 | −17.8% |
| 1 Jun 2018 | −11.7% |
| 8 Jun 2018 | −13.9% |
| 15 Jun 2018 | +17.3% |
| 22 Jun 2018 | +34.7% |
| 29 Jun 2018 | +16.1% |
| 6 Jul 2018 | +10.3% |
| 13 Jul 2018 | +21.2% |
| 20 Jul 2018 | +23.0% |
| 27 Jul 2018 | +22.2% |
| 3 Aug 2018 | +16.8% |
| 10 Aug 2018 | +9.6% |
| 17 Aug 2018 | +16.4% |
| 24 Aug 2018 | +10.6% |
| 31 Aug 2018 | +1.8% |
| 7 Sep 2018 | +14.9% |
| 14 Sep 2018 | −7.8% |
| 21 Sep 2018 | −18.9% |
| 28 Sep 2018 | −6.1% |
| 5 Oct 2018 | −8.5% |
| 12 Oct 2018 | −14.9% |
| 19 Oct 2018 | −4.8% |
| 26 Oct 2018 | −12.2% |
| 2 Nov 2018 | +0.0% |
| 9 Nov 2018 | −6.8% |
| 16 Nov 2018 | +19.0% |
| 22 Nov 2018 | +31.5% |
| 30 Nov 2018 | +29.9% |
| 7 Dec 2018 | +18.1% |
| 14 Dec 2018 | +19.5% |
| 21 Dec 2018 | +24.3% |
| 28 Dec 2018 | +23.6% |
| 4 Jan 2019 | +32.9% |
| 11 Jan 2019 | +36.1% |
| 18 Jan 2019 | +19.1% |
| 25 Jan 2019 | +23.2% |
| 1 Feb 2019 | +9.1% |
| 8 Feb 2019 | +1.3% |
| 15 Feb 2019 | −14.5% |
| 22 Feb 2019 | −16.0% |
| 1 Mar 2019 | −22.1% |
| 8 Mar 2019 | −17.4% |
| 15 Mar 2019 | −23.0% |
| 22 Mar 2019 | −30.1% |
| 29 Mar 2019 | −21.3% |
| 5 Apr 2019 | −22.9% |
| 12 Apr 2019 | −33.0% |
| 18 Apr 2019 | −30.3% |
| 26 Apr 2019 | −30.2% |
| 3 May 2019 | −24.3% |
| 10 May 2019 | −25.0% |
| 17 May 2019 | −23.5% |
| 24 May 2019 | −32.5% |
| 31 May 2019 | +2.8% |
| 7 Jun 2019 | +4.8% |
| 14 Jun 2019 | +14.8% |
| 21 Jun 2019 | +15.1% |
| 28 Jun 2019 | +3.0% |
| 5 Jul 2019 | +4.2% |
| 12 Jul 2019 | +5.9% |
| 19 Jul 2019 | +8.3% |
| 26 Jul 2019 | +6.1% |
| 2 Aug 2019 | +0.0% |
| 9 Aug 2019 | −8.8% |
| 16 Aug 2019 | +35.4% |
| 23 Aug 2019 | +50.7% |
| 30 Aug 2019 | +23.6% |
| 6 Sep 2019 | +4.5% |
| 13 Sep 2019 | +9.5% |
| 20 Sep 2019 | +7.1% |
| 27 Sep 2019 | +13.1% |
| 4 Oct 2019 | +8.1% |
| 11 Oct 2019 | +11.6% |
| 18 Oct 2019 | −6.9% |
| 27 Oct 2019 | −13.5% |
| 1 Nov 2019 | −0.6% |
| 8 Nov 2019 | −1.2% |
| 15 Nov 2019 | −31.6% |
| 22 Nov 2019 | −37.3% |
| 29 Nov 2019 | −48.6% |
| 6 Dec 2019 | −38.5% |
| 13 Dec 2019 | −47.1% |
| 20 Dec 2019 | −30.6% |
| 27 Dec 2019 | −29.2% |
| 3 Jan 2020 | −4.0% |
| 10 Jan 2020 | −9.7% |
| 17 Jan 2020 | +8.5% |
| 24 Jan 2020 | +30.2% |
| 1 Feb 2020 | +8.4% |
| 7 Feb 2020 | +19.9% |
| 14 Feb 2020 | +15.5% |
| 20 Feb 2020 | +13.4% |
| 28 Feb 2020 | +20.4% |
| 6 Mar 2020 | +21.2% |
| 13 Mar 2020 | +33.3% |
| 20 Mar 2020 | +18.5% |
| 27 Mar 2020 | +10.8% |
| 3 Apr 2020 | +2.2% |
| 9 Apr 2020 | +12.8% |
| 17 Apr 2020 | +11.1% |
| 24 Apr 2020 | +3.3% |
| 30 Apr 2020 | +15.3% |
| 8 May 2020 | +9.2% |
| 15 May 2020 | +13.7% |
| 22 May 2020 | +22.9% |
| 29 May 2020 | +14.2% |
| 5 Jun 2020 | +14.2% |
| 12 Jun 2020 | +14.1% |
| 19 Jun 2020 | +23.8% |
| 26 Jun 2020 | +31.3% |
| 3 Jul 2020 | −10.4% |
| 10 Jul 2020 | −11.2% |
| 17 Jul 2020 | −9.3% |
| 24 Jul 2020 | +6.1% |
| 31 Jul 2020 | −4.0% |
| 7 Aug 2020 | +30.9% |
| 14 Aug 2020 | +19.2% |
| 21 Aug 2020 | +23.6% |
| 28 Aug 2020 | +42.3% |
| 4 Sep 2020 | +42.7% |
| 11 Sep 2020 | +40.7% |
| 18 Sep 2020 | +20.6% |
| 25 Sep 2020 | +11.6% |
| 1 Oct 2020 | +31.6% |
| 9 Oct 2020 | +20.1% |
| 16 Oct 2020 | +19.1% |
| 23 Oct 2020 | +6.2% |
| 30 Oct 2020 | −1.4% |
| 6 Nov 2020 | −28.3% |
| 14 Nov 2020 | −16.5% |
| 20 Nov 2020 | −21.6% |
| 27 Nov 2020 | −35.9% |
| 4 Dec 2020 | −35.6% |
| 11 Dec 2020 | −36.8% |
| 18 Dec 2020 | −35.7% |
| 24 Dec 2020 | −33.9% |
| 1 Jan 2021 | −34.0% |
| 8 Jan 2021 | −35.3% |
| 15 Jan 2021 | −37.8% |
| 22 Jan 2021 | −33.6% |
| 29 Jan 2021 | −30.1% |
| 5 Feb 2021 | −22.1% |
| 12 Feb 2021 | −36.1% |
| 19 Feb 2021 | −33.9% |
| 26 Feb 2021 | −25.6% |
| 5 Mar 2021 | −23.4% |
| 12 Mar 2021 | −25.1% |
| 19 Mar 2021 | −27.5% |
| 26 Mar 2021 | −28.2% |
| 1 Apr 2021 | −23.9% |
| 9 Apr 2021 | −14.1% |
| 16 Apr 2021 | −10.4% |
| 23 Apr 2021 | +1.8% |
| 30 Apr 2021 | +4.4% |
| 7 May 2021 | +6.5% |
| 14 May 2021 | +12.0% |
| 21 May 2021 | +9.3% |
| 28 May 2021 | +16.5% |
| 4 Jun 2021 | +5.6% |
| 11 Jun 2021 | +2.2% |
| 18 Jun 2021 | +13.4% |
| 25 Jun 2021 | +18.6% |
| 2 Jul 2021 | +12.6% |
| 9 Jul 2021 | +3.1% |
| 16 Jul 2021 | +2.9% |
| 23 Jul 2021 | −10.8% |
| 30 Jul 2021 | −13.2% |
| 6 Aug 2021 | −13.1% |
| 13 Aug 2021 | −11.5% |
| 20 Aug 2021 | −18.0% |
| 27 Aug 2021 | −24.4% |
| 3 Sep 2021 | −23.5% |
| 9 Sep 2021 | −25.7% |
| 17 Sep 2021 | −25.1% |
| 24 Sep 2021 | −27.6% |
| 1 Oct 2021 | −27.5% |
| 8 Oct 2021 | −15.2% |
| 14 Oct 2021 | −17.0% |
| 22 Oct 2021 | −14.0% |
| 29 Oct 2021 | −17.8% |
| 4 Nov 2021 | −13.7% |
| 12 Nov 2021 | −10.9% |
| 18 Nov 2021 | −7.4% |
| 26 Nov 2021 | +3.4% |
| 3 Dec 2021 | +3.5% |
| 10 Dec 2021 | +5.2% |
| 17 Dec 2021 | +0.6% |
| 24 Dec 2021 | +4.4% |
| 31 Dec 2021 | +6.4% |
| 7 Jan 2022 | −1.1% |
| 14 Jan 2022 | −1.9% |
| 21 Jan 2022 | −1.1% |
| 28 Jan 2022 | +1.7% |
| 4 Feb 2022 | −2.3% |
| 11 Feb 2022 | −3.3% |
| 18 Feb 2022 | −2.7% |
| 25 Feb 2022 | −14.0% |
| 4 Mar 2022 | −16.4% |
| 11 Mar 2022 | −16.4% |
| 17 Mar 2022 | −17.5% |
| 25 Mar 2022 | −22.9% |
| 1 Apr 2022 | −18.3% |
| 8 Apr 2022 | −18.0% |
| 13 Apr 2022 | −20.5% |
| 22 Apr 2022 | −20.5% |
| 29 Apr 2022 | −18.2% |
| 6 May 2022 | −18.7% |
| 13 May 2022 | −22.3% |
| 20 May 2022 | −18.6% |
| 27 May 2022 | −18.1% |
| 3 Jun 2022 | −4.0% |
| 10 Jun 2022 | −6.1% |
| 17 Jun 2022 | −4.7% |
| 24 Jun 2022 | −0.8% |
| 1 Jul 2022 | −8.3% |
| 8 Jul 2022 | −12.9% |
| 15 Jul 2022 | −10.9% |
| 22 Jul 2022 | −14.5% |
| 29 Jul 2022 | −17.2% |
| 5 Aug 2022 | −16.8% |
| 12 Aug 2022 | −15.1% |
| 19 Aug 2022 | −17.1% |
| 26 Aug 2022 | −19.3% |
| 2 Sep 2022 | −14.6% |
| 9 Sep 2022 | +0.0% |
| 16 Sep 2022 | −4.4% |
| 23 Sep 2022 | −3.5% |
| 30 Sep 2022 | −0.8% |
| 7 Oct 2022 | +5.6% |
| 14 Oct 2022 | −1.5% |
| 21 Oct 2022 | −4.4% |
| 28 Oct 2022 | −0.1% |
| 4 Nov 2022 | −4.7% |
| 11 Nov 2022 | −0.7% |
| 18 Nov 2022 | −3.6% |
| 25 Nov 2022 | −1.5% |
| 2 Dec 2022 | −14.0% |
| 9 Dec 2022 | −25.0% |
| 16 Dec 2022 | −19.9% |
| 23 Dec 2022 | −21.0% |
| 30 Dec 2022 | −19.0% |
| 6 Jan 2023 | −21.8% |
| 13 Jan 2023 | −14.9% |
| 20 Jan 2023 | −9.8% |
| 27 Jan 2023 | −10.5% |
| 3 Feb 2023 | −11.8% |
| 10 Feb 2023 | −22.2% |
| 17 Feb 2023 | −18.1% |
| 24 Feb 2023 | −17.8% |
| 3 Mar 2023 | −16.6% |
| 10 Mar 2023 | −13.6% |
| 17 Mar 2023 | −16.6% |
| 24 Mar 2023 | −18.3% |
| 31 Mar 2023 | −34.0% |
| 6 Apr 2023 | −19.9% |
| 13 Apr 2023 | −14.7% |
| 21 Apr 2023 | −13.9% |
| 28 Apr 2023 | −17.8% |
| 5 May 2023 | −14.4% |
| 12 May 2023 | +3.3% |
| 19 May 2023 | −0.9% |
| 26 May 2023 | −2.2% |
| 2 Jun 2023 | −7.7% |
| 9 Jun 2023 | −11.2% |
| 16 Jun 2023 | −6.0% |
| 23 Jun 2023 | −8.7% |
| 30 Jun 2023 | +14.8% |
| 7 Jul 2023 | −8.1% |
| 14 Jul 2023 | −15.7% |
| 21 Jul 2023 | −20.5% |
| 28 Jul 2023 | −10.5% |
| 4 Aug 2023 | +0.2% |
| 11 Aug 2023 | −8.0% |
| 18 Aug 2023 | −6.6% |
| 25 Aug 2023 | −6.7% |
| 1 Sep 2023 | +3.4% |
| 8 Sep 2023 | +6.2% |
| 15 Sep 2023 | +1.3% |
| 22 Sep 2023 | +18.6% |
| 29 Sep 2023 | +12.5% |
| 6 Oct 2023 | +9.4% |
| 13 Oct 2023 | +14.3% |
| 20 Oct 2023 | +37.1% |
| 27 Oct 2023 | +24.6% |
| 3 Nov 2023 | +9.7% |
| 12 Nov 2023 | −2.7% |
| 17 Nov 2023 | +1.0% |
| 24 Nov 2023 | +2.8% |
| 1 Dec 2023 | −9.5% |
| 8 Dec 2023 | −11.5% |
| 15 Dec 2023 | −10.8% |
| 22 Dec 2023 | −23.2% |
| 29 Dec 2023 | −10.8% |
| 5 Jan 2024 | +0.0% |
| 12 Jan 2024 | −9.8% |
| 20 Jan 2024 | −33.6% |
| 25 Jan 2024 | −31.5% |
| 2 Feb 2024 | −25.6% |
| 9 Feb 2024 | −8.2% |
| 16 Feb 2024 | −0.4% |
| 23 Feb 2024 | +13.9% |
| 2 Mar 2024 | +7.8% |
| 7 Mar 2024 | +5.8% |
| 15 Mar 2024 | −3.4% |
| 22 Mar 2024 | −3.5% |
| 28 Mar 2024 | −12.7% |
| 5 Apr 2024 | −12.5% |
| 12 Apr 2024 | −0.4% |
| 19 Apr 2024 | +2.2% |
| 26 Apr 2024 | +7.9% |
| 3 May 2024 | +2.3% |
| 10 May 2024 | −7.3% |
| 18 May 2024 | −14.7% |
| 24 May 2024 | −21.1% |
| 31 May 2024 | −19.3% |
| 7 Jun 2024 | −18.3% |
| 14 Jun 2024 | −1.2% |
| 21 Jun 2024 | −0.3% |
| 28 Jun 2024 | −1.3% |
| 5 Jul 2024 | +12.9% |
| 12 Jul 2024 | +0.0% |
| 19 Jul 2024 | +24.6% |
| 26 Jul 2024 | +33.1% |
| 2 Aug 2024 | +41.5% |
| 9 Aug 2024 | +49.6% |
| 16 Aug 2024 | +51.0% |
| 23 Aug 2024 | +76.2% |
| 30 Aug 2024 | +86.8% |
| 6 Sep 2024 | +74.5% |
| 13 Sep 2024 | +53.4% |
| 20 Sep 2024 | +62.5% |
| 27 Sep 2024 | +75.4% |
| 4 Oct 2024 | +38.4% |
| 11 Oct 2024 | +56.1% |
| 18 Oct 2024 | +36.6% |
| 25 Oct 2024 | +17.9% |
| 1 Nov 2024 | +21.3% |
| 8 Nov 2024 | +35.7% |
| 14 Nov 2024 | +33.2% |
| 22 Nov 2024 | +8.3% |
| 29 Nov 2024 | +19.2% |
| 6 Dec 2024 | +42.5% |
| 13 Dec 2024 | +49.3% |
| 20 Dec 2024 | +41.4% |
| 27 Dec 2024 | +31.0% |
| 3 Jan 2025 | +43.9% |
| 10 Jan 2025 | +37.4% |
| 17 Jan 2025 | +32.6% |
| 24 Jan 2025 | +36.7% |
| 1 Feb 2025 | +22.7% |
| 7 Feb 2025 | +21.0% |
| 14 Feb 2025 | −4.7% |
| 21 Feb 2025 | −7.7% |
| 28 Feb 2025 | −25.2% |
| 7 Mar 2025 | −17.5% |
| 13 Mar 2025 | −30.5% |
| 21 Mar 2025 | −23.0% |
| 28 Mar 2025 | −21.3% |
| 4 Apr 2025 | −20.9% |
| 11 Apr 2025 | −33.7% |
| 17 Apr 2025 | −34.3% |
| 25 Apr 2025 | −30.8% |
| 2 May 2025 | −31.5% |
| 9 May 2025 | −41.4% |
| 16 May 2025 | −8.2% |
| 23 May 2025 | −1.8% |
| 30 May 2025 | +25.8% |
| 6 Jun 2025 | −1.1% |
| 13 Jun 2025 | +28.7% |
| 20 Jun 2025 | +4.6% |
| 27 Jun 2025 | +7.5% |
| 4 Jul 2025 | +0.0% |
| 11 Jul 2025 | +35.9% |
| 18 Jul 2025 | +30.1% |
| 25 Jul 2025 | +30.1% |
| 1 Aug 2025 | +38.6% |
| 8 Aug 2025 | +30.2% |
| 14 Aug 2025 | +16.6% |
| 22 Aug 2025 | +14.1% |
| 29 Aug 2025 | +1.5% |
| 5 Sep 2025 | +5.1% |
| 12 Sep 2025 | +5.3% |
| 19 Sep 2025 | +7.3% |
| 26 Sep 2025 | −0.2% |
| 3 Oct 2025 | +1.4% |
| 10 Oct 2025 | −21.5% |
| 17 Oct 2025 | −30.6% |
| 24 Oct 2025 | −31.5% |
| 31 Oct 2025 | −28.3% |
| 7 Nov 2025 | −22.9% |
| 14 Nov 2025 | −22.0% |
| 21 Nov 2025 | −22.3% |
| 28 Nov 2025 | −14.7% |
| 5 Dec 2025 | −21.1% |
| 12 Dec 2025 | −6.6% |
| 19 Dec 2025 | +2.1% |
| 26 Dec 2025 | +8.5% |
| 2 Jan 2026 | +2.9% |
| 9 Jan 2026 | +8.8% |
| 16 Jan 2026 | +30.4% |
| 23 Jan 2026 | +18.1% |
| 1 Feb 2026 | +20.3% |
| 6 Feb 2026 | +18.0% |
| 13 Feb 2026 | +7.6% |
| 20 Feb 2026 | +18.3% |
| 27 Feb 2026 | +20.6% |
| 6 Mar 2026 | +24.9% |
| 17 Apr 2026 | −6.0% |
| 24 Apr 2026 | −5.6% |
| 30 Apr 2026 | −9.0% |
| 8 May 2026 | −11.2% |
| 15 May 2026 | −6.0% |
| 22 May 2026 | −8.4% |
| 29 May 2026 | −3.3% |
| 4 Jun 2026 | +1.3% |
| 5 Jun 2026 | +8.2% |
| 10 Jun 2026 | +9.8% |
| 12 Jun 2026 | +8.2% |
| 17 Jun 2026 | −4.4% |
| 19 Jun 2026 | +1.0% |
| 24 Jun 2026 | +16.3% |
| 25 Jun 2026 | +13.5% |
| 1 Jul 2026 | +13.1% |
| 3 Jul 2026 | +16.4% |
| 10 Jul 2026 | +35.8% |
| 17 Jul 2026 | +39.5% |
| 24 Jul 2026 | +45.4% |
| 31 Jul 2026 | +52.4% |
| 7 Aug 2026 | +60.5% |
| 14 Aug 2026 | +32.8% |
| 21 Aug 2026 | +37.0% |
| 28 Aug 2026 | +56.9% |
| 4 Sep 2026 | +46.9% |
| 11 Sep 2026 | +31.1% |
| 18 Sep 2026 | +31.3% |
| 25 Sep 2026 | +35.1% |
| 28 Sep 2026 | +43.7% |
| 1 Oct 2026 | +40.3% |
| 9 Oct 2026 | +26.2% |
| 16 Oct 2026 | +15.6% |
| 23 Oct 2026 | −0.6% |
| 30 Oct 2026 | −17.7% |
| 4 Nov 2026 | +5.1% |
Over the last 11 years the share price moved +628% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What changed at Fermenta Biotech this quarter?
Three changes stood out: promoters cut their stake by 4 points in one quarter, lowest operating margin in 8 quarters and foreign funds (FIIs) raised their stake for 3 quarters in a row.
Promoters cut their stake by 4 points in one quarter
From 64.1% to 60.1% in the September 2026 quarter.
Lowest operating margin in 8 quarters
Operating margin was 14.8% in the June 2026 quarter, against 20.7% a year earlier.
Foreign funds (FIIs) raised their stake for 3 quarters in a row
From 0% to 1.1% of the company by the September 2026 quarter.
What are Fermenta Biotech's latest quarterly results?
For April to June 2026 (the quarter ended 30 June 2026), Fermenta Biotech reported revenue of ₹122 crore, down 10.6% from ₹136 crore a year earlier, and a profit of ₹9.53 crore, down 55.9% from ₹21.6 crore.
Fermenta Biotech results: April to June 2026 against a year earlier
| Measure | April to June 2026 | April to June 2025 | Change |
|---|---|---|---|
| Revenue | ₹122 crore | ₹136 crore | −10.6% |
| Profit | ₹9.53 crore | ₹21.6 crore | −55.9% |
| Earnings per share | ₹3.31 | ₹7.42 | −55.4% |
| Operating margin | 14.8% | 20.7% | −5.9 points |
The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).
From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.
What is the Fermenta Biotech share price history?
Fermenta Biotech closed at ₹439.80 on 4 November 2026, up 57.9% from ₹278.60 a year earlier (7 November 2025) and up 44.1% over five years. Its highest weekly close since March 2016 was ₹559.55 on 7 August 2026.
Fermenta Biotech share price: then and now
| When | Close | Change to 4 Nov 2026 |
|---|---|---|
| 1 week ago · 30 Oct 2026 | ₹417.55 | +5.3% |
| 1 month ago · 1 Oct 2026 | ₹551.35 | −20.2% |
| 6 months ago · 8 May 2026 | ₹288.70 | +52.3% |
| 1 year ago · 7 Nov 2025 | ₹278.60 | +57.9% |
| 3 years ago · 3 Nov 2023 | ₹176.35 | +149.4% |
| 5 years ago · 4 Nov 2021 | ₹305.10 | +44.1% |
| 10 years ago · 4 Nov 2016 | ₹68.25 | +544.4% |
| Earliest weekly close in our records · 10 Mar 2016 | ₹60.42 | +627.9% |
| Highest weekly close since March 2016, also the 52-week high · 7 Aug 2026 | ₹559.55 | −21.4% |
| Lowest weekly close since March 2016 · 22 Sep 2017 | ₹53.55 | +721.3% |
| 52-week low (weekly close) · 5 Dec 2025 | ₹269.00 | +63.5% |
Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.
558 weekly closes from 10 March 2016 to 4 November 2026.
What is the latest news on Fermenta Biotech?
4 Nov 2026: Fermenta Biotech closed at ₹439.80, up 5.3% on the week and down 20.2% on the month. 5 Aug 2026: ex-date for a dividend of ₹3.75 a share.
Earlier
- Results for April to June 2026: Revenue down 10.6% and profit down 55.9% on a year earlier.
What dividend does Fermenta Biotech pay?
Fermenta Biotech paid ₹3.75 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.85% at the ₹439.80 close on 4 November 2026. The last was a dividend of ₹3.75 a share, ex-date 5 August 2026.
Fermenta Biotech dividends since 1 April 2021
| Ex-date | Dividend per share | Type |
|---|---|---|
| 5 Aug 2026Dividend | ₹3.75 | Dividend |
Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.
Yes. Fermenta Biotech Ltd paid out 15% of its profit as dividends in FY26, and it paid a dividend in 9 of its last 13 reported years. 4 of those years show a negative figure because profit itself was negative.
From the NSE corporate-actions record, read 5 November 2026.
What did Fermenta Biotech management say on the latest results call?
Fermenta Biotech's management made 0 promises we could check against what it later reported.
Our read after the latest results, written 17 May 2026.
What is the future of Fermenta Biotech? What is changing in the business?
What is changing at Fermenta Biotech, from the latest results and calls: vitamin d3 demand recovery, channel inventory normalisation, plant-based vitamin d3 patent + ₹110 crore capital spending and geographic expansion, 60+ country footprint deepening.
- Vitamin D3 Demand Recovery, Channel Inventory Normalisation. 9M FY26 ex-real-estate operating profit already +14% above full FY25. ⚠ estimate
- Geographic Expansion, 60+ Country Footprint Deepening. Revenue mix well-diversified: India 40%, Europe 27%, North America 17%, Others 16% (FY25). Limited concentration, top customer only 9% of revenue. 400+ customers across 60+ countries. ⚠ estimate
- Green Chemistry / Enzyme Revenue Diversification. Green Chemistry Solutions revenue +64% on a year earlier in 9M FY26; FY25 green chemistry at ₹38 crore vs ₹29 crore in FY24. ⚠ estimate
We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.
Our read after the latest results, written 17 May 2026.
What could change the Fermenta Biotech story? What are the risks?
October to December 2025 operating margin compressed to 18%, normalised band may be 18-22%, not 25-34%.
The main risks
- Operating margin Cyclicality, FY25 Peak May Not Recur: October to December 2025 operating margin compressed to 18%, normalised band may be 18-22%, not 25-34%. ⚠ estimate
- Real Estate Revenue Non-Recurrence: Real estate segment revenue declined 95% on a year earlier in 9M FY26; FY25 included ₹45 crore real estate. This non-recurring element inflated FY25 profitability and is now absent from FY26. ⚠ estimate
- Institutional Ownership Desert, Low Market Profile: FII at 0.02%, DII at 0%, essentially zero institutional ownership. Stock was BSE-only until NSE permitted to trade admission in Apr 2026. Market discovery dependent on retail interest. ⚠ estimate
Our read after the latest results, written 17 May 2026.
What to watch in Fermenta Biotech's next results?
When Fermenta Biotech reports July to September 2026, these are the 5 checks that show whether the story is still on course. First: CARE Ratings annual review / Fermenta realisation per kg D3 in quarterly disclosures.
| What to check | Why |
|---|---|
| CARE Ratings annual review / | Chinese Vitamin D3 Competition, Animal Feed Segment Pricing |
| January to March 2026 and April to June 2026 operating margin trends; real estate revenue contribution declining to zero. | Operating margin Cyclicality, FY25 Peak May Not Recur |
| First commercial sale of VITADEE Green; customer qualification announcements. | Plant-Based D3 Capital spending Execution Risk |
| Any further real estate transaction disclosures; FY26 consolidated vs standalone results divergence. | Real Estate Revenue Non-Recurrence |
| NSE listing volume growth. | Institutional Ownership Desert, Low Market Profile |
Which stock lists is Fermenta Biotech on?
Fermenta Biotech is on one of our India lists: Pharma stocks.
Is Fermenta Biotech profitable?
Fermenta Biotech Ltd earned ₹9.5 Cr of net profit in the Jun 2026 quarter, −55.9% on the same quarter a year earlier. Full-year FY26 profit was ₹70.0 Cr. Over 10 years profit has grown 42.7% a year on average. That is 7.8% of the quarter's revenue. The same quarter a year earlier earned ₹21.6 Cr.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
3 of the last 12 reported quarters were loss-making.
For the full year, FY26 profit was ₹70.0 Cr (−7.9% on the year before).
FY26 profit ₹70.0 Cr (−7.9% on the year before), 42.7% a year over 10 years
- Net profit ₹70.0
| Quarter | Net profit |
|---|---|
| FY16 | ₹2 |
| FY17 | −₹9 |
| FY18 | ₹46 |
| FY19 | ₹117 |
| FY20 | ₹60 |
| FY21 | ₹43 |
| FY22 | ₹15 |
| FY23 | −₹53 |
| FY24 | −₹24 |
| FY25 | ₹76 |
| FY26 | ₹70 |
Growth on a year earlier
- Growth on a year earlier −7.9%
| Quarter | Growth on a year earlier |
|---|---|
| FY16 | 100% |
| FY17 | −550% |
| FY18 | – |
| FY19 | 154.3% |
| FY20 | −48.7% |
| FY21 | −28.3% |
| FY22 | −65.1% |
| FY23 | −453.3% |
| FY24 | – |
| FY25 | – |
| FY26 | −7.9% |
Jun 2026: ₹9.5 Cr (−55.9% on a year earlier)
- Net profit (quarterly) ₹9.5
| Quarter | Net profit (quarterly) |
|---|---|
| Sep 2023 | −₹29 |
| Dec 2023 | ₹10 |
| Mar 2024 | −₹7 |
| Jun 2024 | −₹6 |
| Sep 2024 | ₹11 |
| Dec 2024 | ₹38 |
| Mar 2025 | ₹33 |
| Jun 2025 | ₹22 |
| Sep 2025 | ₹18 |
| Dec 2025 | ₹12 |
| Mar 2026 | ₹19 |
| Jun 2026 | ₹10 |
Growth on a year earlier
- Growth on a year earlier −55.9%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | −368.3% |
| Sep 2024 | – |
| Dec 2024 | 279.3% |
| Mar 2025 | – |
| Jun 2025 | – |
| Sep 2025 | 62.1% |
| Dec 2025 | −68.3% |
| Mar 2026 | −44.2% |
| Jun 2026 | −55.9% |
Why profit moved: revenue changed −10.6% on a year earlier and the margin moved −5.9 percentage points. Sales did the work while the margin got thinner.
On average over the last four quarters, profit changed −26.6% and revenue +0.3%. Profit is growing slower than sales: rising costs are taking part of the growth.
How much revenue does Fermenta Biotech make, and is it growing?
Fermenta Biotech Ltd reported ₹122 Cr of revenue in the Jun 2026 quarter, −10.6% on the same quarter a year earlier. Over 10 years it has grown 12.9% a year on average. The last full year, FY26, came in at ₹523 Cr. The last four reported quarters add to ₹511 Cr.
Revenue is everything the company billed its customers in the period.
Why this happened. The company received an Indian Patent for its plant-based Vitamin D3 manufacturing process in September 2025. MD Prashant Nagre stated: 'Plant-based Vitamin D3 represents the future of nutrition, and this patent reinforces our ability to deliver differentiated offerings that create long-lasting impact.' The company has completed validation batches of VITADEE Green (plant-source D3 in oil and spray-dried variants) and is in the qualification process with leading global customers. The global shift away from lanolin-derived cholecalciferol toward vegan alternatives is a structural trend cited by multiple industry reports (Technavio: CAGR 7.1% 2025-2030, with plant-based as a key driver).…
FY26 revenue was ₹523 Cr, +11.8% on the year before.
FY26 revenue ₹523 Cr (+11.8% on the year before), 12.9% a year over 10 years
- Revenue ₹523
| Quarter | Revenue |
|---|---|
| FY16 | ₹155 |
| FY17 | ₹164 |
| FY18 | ₹302 |
| FY19 | ₹403 |
| FY20 | ₹292 |
| FY21 | ₹376 |
| FY22 | ₹397 |
| FY23 | ₹349 |
| FY24 | ₹335 |
| FY25 | ₹468 |
| FY26 | ₹523 |
Growth on a year earlier
- Growth on a year earlier 11.8%
| Quarter | Growth on a year earlier |
|---|---|
| FY16 | 9.2% |
| FY17 | 5.8% |
| FY18 | 84.1% |
| FY19 | 33.4% |
| FY20 | −27.5% |
| FY21 | 28.8% |
| FY22 | 5.6% |
| FY23 | −12.1% |
| FY24 | −4% |
| FY25 | 39.7% |
| FY26 | 11.8% |
Jun 2026: ₹122 Cr (−10.6% on a year earlier)
- Revenue (quarterly) ₹122
| Quarter | Revenue (quarterly) |
|---|---|
| Sep 2023 | ₹57 |
| Dec 2023 | ₹99 |
| Mar 2024 | ₹97 |
| Jun 2024 | ₹78 |
| Sep 2024 | ₹95 |
| Dec 2024 | ₹156 |
| Mar 2025 | ₹140 |
| Jun 2025 | ₹136 |
| Sep 2025 | ₹130 |
| Dec 2025 | ₹137 |
| Mar 2026 | ₹122 |
| Jun 2026 | ₹122 |
Growth on a year earlier
- Growth on a year earlier −10.6%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | −43.7% |
| Dec 2023 | 79.9% |
| Mar 2024 | −7.3% |
| Jun 2024 | −5.2% |
| Sep 2024 | 67% |
| Dec 2024 | 58.1% |
| Mar 2025 | 43.7% |
| Jun 2025 | 74.4% |
| Sep 2025 | 37% |
| Dec 2025 | −12.2% |
| Mar 2026 | −13.1% |
| Jun 2026 | −10.6% |
Recent pace: the last four quarters grew +0.3% on average, against 12.9% a year over the longer run, so this year is growing slower than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew −3.2%, against +24.2% a year over the last 8 quarters (rolling over).
Watch next
- Metric
- Plant-Based Vitamin D3 Patent + Rs 110 Cr Capex
- Threshold
- CARE Ratings annual review / Fermenta realisation per kg D3 in quarterly disclosures
- Which result
- the next result
How much of every ₹100 of sales does Fermenta Biotech keep?
Fermenta Biotech Ltd's operating margin was 14.8% in the Jun 2026 quarter, 5.9 percentage points lower than the same quarter a year ago. Across 13 years it has been between 5.0% and 39.0%. The latest quarter is within that range.
Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Why this happened. Fermenta's FY23 and FY24 losses were directly caused by two factors: (1) channel inventory built during COVID demand spikes took 2 years to normalise, suppressing human nutrition D3 off-take; (2) Chinese capacity expansion compressed animal feed D3 realisations. Both headwinds abated in FY25. The recovery was sharp. CARE Ratings confirmed: 'demand has recovered in FY25 with normalisation of channel inventory in Vitamin D3 products for human consumption, relative stability in realisations in Vitamin D3 products for animal consumption and increased realisation of Vitamin D3 products for human consumption.' 9M FY26 saw Human Nutrition D3 volume +46% YoY and Animal Nutrition +52%. However, Q3…
Why the margin moved: operating margin changed −5.9 percentage points on the year while gross margin changed +3.6 points. So the drop came mostly from the gross margin, which means input costs and prices charged.
FY26: 19.0%, within a range of 5.0% to 39.0% over 13 years
- Operating margin 19.0%
| Quarter | Operating margin |
|---|---|
| FY14 | 19% |
| FY15 | 11% |
| FY16 | 13% |
| FY17 | 7% |
| FY18 | 31% |
| FY19 | 39% |
| FY20 | 23% |
| FY21 | 22% |
| FY22 | 16% |
| FY23 | 5% |
| FY24 | 8% |
| FY25 | 25% |
| FY26 | 19% |
Change on the year before (points)
- Change on the year before (points) −6.0 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY14 | – |
| FY15 | −8.0 pts |
| FY16 | +2.0 pts |
| FY17 | −6.0 pts |
| FY18 | +24.0 pts |
| FY19 | +8.0 pts |
| FY20 | −16.0 pts |
| FY21 | −1.0 pts |
| FY22 | −6.0 pts |
| FY23 | −11.0 pts |
| FY24 | +3.0 pts |
| FY25 | +17.0 pts |
| FY26 | −6.0 pts |
Jun 2026: operating margin 14.8% (−5.9 points on a year earlier)
- Operating margin 14.83%
| Quarter | Operating margin |
|---|---|
| Sep 2023 | −24.44% |
| Dec 2023 | 25.39% |
| Mar 2024 | 5.53% |
| Jun 2024 | 1.02% |
| Sep 2024 | 19.76% |
| Dec 2024 | 34.04% |
| Mar 2025 | 26.42% |
| Jun 2025 | 20.73% |
| Sep 2025 | 20.46% |
| Dec 2025 | 18.17% |
| Mar 2026 | 16.45% |
| Jun 2026 | 14.83% |
Change on a year earlier (points)
- Change on a year earlier (points) −5.9 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2023 | – |
| Dec 2023 | +43.4 pts |
| Mar 2024 | −12.5 pts |
| Jun 2024 | −12.2 pts |
| Sep 2024 | +44.2 pts |
| Dec 2024 | +8.6 pts |
| Mar 2025 | +20.9 pts |
| Jun 2025 | +19.7 pts |
| Sep 2025 | +0.7 pts |
| Dec 2025 | −15.9 pts |
| Mar 2026 | −10.0 pts |
| Jun 2026 | −5.9 pts |
Watch next
- Metric
- Vitamin D3 Demand Recovery, Channel Inventory Normalisation
- Threshold
- CARE Ratings annual review / Fermenta realisation per kg D3 in quarterly disclosures
- Which result
- the next result
Is Fermenta Biotech's profit turning into cash?
Over the last 3 years, 110% of Fermenta Biotech Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹93.0 Cr of operating cash against ₹70.0 Cr of profit. After ₹12.0 Cr of spending on assets, ₹81.0 Cr was left over as free cash.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY26: operating cash ₹93.0 Cr against profit ₹70.0 Cr; 110% of 3 years' profit came in as cash
- Operating cash ₹93.0
- Net profit ₹70.0
- Free cash ₹81
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY16 | ₹4 | ₹2 | – |
| FY17 | ₹2 | −₹9 | −₹11 |
| FY18 | ₹59 | ₹46 | ₹43 |
| FY19 | ₹90 | ₹117 | ₹59 |
| FY20 | ₹34 | ₹60 | −₹52 |
| FY21 | ₹63 | ₹43 | −₹6 |
| FY22 | ₹43 | ₹15 | ₹3 |
| FY23 | ₹116 | −₹53 | ₹110 |
| FY24 | ₹105 | −₹24 | ₹121 |
| FY25 | ₹41 | ₹76 | ₹45 |
| FY26 | ₹93 | ₹70 | ₹81 |
FY26: operating cash was 133% of profit (110% over three years)
- Operating cash as % of profit 133%
- Break-even line 100%
| Quarter | Operating cash as % of profit | Break-even line |
|---|---|---|
| FY16 | 200% | 100% |
| FY17 | – | 100% |
| FY18 | 128% | 100% |
| FY19 | 77% | 100% |
| FY20 | 57% | 100% |
| FY21 | 147% | 100% |
| FY22 | 287% | 100% |
| FY23 | – | 100% |
| FY24 | – | 100% |
| FY25 | 54% | 100% |
| FY26 | 133% | 100% |
Why 110% of profit came in as cash: the cash cycle got 117 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.
What to look at next: it has been selling more assets than it buys. The next section shows those figures.
Where does Fermenta Biotech's cash go?
Fermenta Biotech Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 221 days in FY26, down from 338 days in FY21. Over the last 3 years it sold more assets than it bought, by ₹8.0 Cr. Customers take 78 days to pay, and stock sits for 290 days on average.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
At FY26 sales of ₹523 Cr, each day of that cycle ties up about ₹1.4 Cr, so roughly ₹317 Cr is tied up in the business at any time.
FY26: customers took 78 days to pay and stock sat for 290 days, about 9.5 months of sales sitting as stock, for a full cycle of 221 days, shorter than FY21's 338.
The full loop: cash goes out to suppliers and production on day 0. Stock sits for 290 days. Customers pay about 78 days after that. Suppliers are paid at 147 days. Together that makes the 221-day cycle.
FY26: a 221-day cash cycle, −117 days compared with FY21
- Cash cycle 221d
- Inventory days 290d
- Debtor days 78d
- Payable days 147d
| Quarter | Cash cycle | Inventory days | Debtor days | Payable days |
|---|---|---|---|---|
| FY14 | 136d | 149d | 106d | 120d |
| FY15 | 122d | 125d | 91d | 95d |
| FY16 | 148d | 160d | 101d | 113d |
| FY17 | 160d | 208d | 99d | 147d |
| FY18 | 134d | 234d | 83d | 183d |
| FY19 | 237d | 347d | 59d | 169d |
| FY20 | 421d | 594d | 87d | 260d |
| FY21 | 338d | 441d | 66d | 169d |
| FY22 | 306d | 380d | 80d | 154d |
| FY23 | 244d | 309d | 44d | 109d |
| FY24 | 139d | 245d | 76d | 182d |
| FY25 | 181d | 285d | 74d | 178d |
| FY26 | 221d | 290d | 78d | 147d |
Over the last 3 years, money from selling assets was ₹8.0 Cr more than it spent on new ones. Work still in progress is ₹13.0 Cr (FY26).
FY26: capex ₹12.0 Cr, work in progress ₹13.0 Cr, steady spending
- Capex ₹12.0
- Work-in-progress ₹13.0
| Quarter | Capex | Work-in-progress |
|---|---|---|
| FY16 | ₹32 | ₹6 |
| FY17 | ₹13 | ₹5 |
| FY18 | ₹16 | ₹4 |
| FY19 | ₹31 | ₹22 |
| FY20 | ₹86 | ₹71 |
| FY21 | ₹69 | ₹57 |
| FY22 | ₹40 | ₹35 |
| FY23 | ₹6 | ₹45 |
| FY24 | −₹16 | ₹2 |
| FY25 | −₹4 | ₹16 |
| FY26 | ₹12 | ₹13 |
In short: assets are being sold, not built, so this cash is not going into new capacity.
What is Fermenta Biotech's P/E ratio, and how does it compare with its own history?
Fermenta Biotech Ltd's P/E is 23.6×, near the high end of its own history: higher than 73% of past readings. Its usual P/E (the middle reading) is 17.6×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.
P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.
The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹20.28.
P/E 23.6× against a usual 17.6×: near the high end of its own history: higher than 73% of past readings
- P/E 22.4×
- Median 17.6×
| Week | P/E | Median |
|---|---|---|
| 10 Mar 2016 | 40.5× | 17.6× |
| 23 Mar 2016 | 39.5× | 17.6× |
| 16 Feb 2018 | 42.1× | 17.6× |
| 1 Mar 2018 | 46.5× | 17.6× |
| 16 Mar 2018 | 41.1× | 17.6× |
| 28 Mar 2018 | 40.0× | 17.6× |
| 13 Apr 2018 | 43.9× | 17.6× |
| 27 Apr 2018 | 42.4× | 17.6× |
| 11 May 2018 | 52.5× | 17.6× |
| 25 May 2018 | 18.2× | 17.6× |
| 8 Jun 2018 | 19.7× | 17.6× |
| 22 Jun 2018 | 26.2× | 17.6× |
| 6 Jul 2018 | 22.9× | 17.6× |
| 20 Jul 2018 | 24.9× | 17.6× |
| 3 Aug 2018 | 24.5× | 17.6× |
| 17 Aug 2018 | 14.9× | 17.6× |
| 31 Aug 2018 | 14.0× | 17.6× |
| 14 Sep 2018 | 14.4× | 17.6× |
| 28 Sep 2018 | 13.3× | 17.6× |
| 12 Oct 2018 | 12.8× | 17.6× |
| 26 Oct 2018 | 12.6× | 17.6× |
| 9 Nov 2018 | 15.5× | 17.6× |
| 22 Nov 2018 | 11.0× | 17.6× |
| 7 Dec 2018 | 10.8× | 17.6× |
| 21 Dec 2018 | 11.0× | 17.6× |
| 4 Jan 2019 | 11.2× | 17.6× |
| 18 Jan 2019 | 11.2× | 17.6× |
| 1 Feb 2019 | 10.4× | 17.6× |
| 15 Feb 2019 | 8.10× | 17.6× |
| 1 Mar 2019 | 8.10× | 17.6× |
| 15 Mar 2019 | 7.90× | 17.6× |
| 29 Mar 2019 | 8.30× | 17.6× |
| 12 Apr 2019 | 7.90× | 17.6× |
| 26 Apr 2019 | 7.30× | 17.6× |
| 10 May 2019 | 7.20× | 17.6× |
| 24 May 2019 | 5.10× | 17.6× |
| 7 Jun 2019 | 7.40× | 17.6× |
| 21 Jun 2019 | 6.50× | 17.6× |
| 5 Jul 2019 | 6.30× | 17.6× |
| 19 Jul 2019 | 5.90× | 17.6× |
| 2 Aug 2019 | 5.20× | 17.6× |
| 16 Aug 2019 | 7.20× | 17.6× |
| 30 Aug 2019 | 8.20× | 17.6× |
| 13 Sep 2019 | 7.60× | 17.6× |
| 27 Sep 2019 | 7.60× | 17.6× |
| 11 Oct 2019 | 7.70× | 17.6× |
| 27 Oct 2019 | 6.00× | 17.6× |
| 8 Nov 2019 | 6.00× | 17.6× |
| 22 Nov 2019 | 5.70× | 17.6× |
| 6 Dec 2019 | 5.30× | 17.6× |
| 20 Dec 2019 | 5.90× | 17.6× |
| 3 Jan 2020 | 8.00× | 17.6× |
| 17 Jan 2020 | 7.50× | 17.6× |
| 1 Feb 2020 | 7.30× | 17.6× |
| 14 Feb 2020 | 8.40× | 17.6× |
| 28 Feb 2020 | 7.40× | 17.6× |
| 13 Mar 2020 | 6.50× | 17.6× |
| 27 Mar 2020 | 5.90× | 17.6× |
| 9 Apr 2020 | 7.80× | 17.6× |
| 24 Apr 2020 | 7.70× | 17.6× |
| 8 May 2020 | 7.50× | 17.6× |
| 22 May 2020 | 7.70× | 17.6× |
| 5 Jun 2020 | 7.70× | 17.6× |
| 19 Jun 2020 | 9.20× | 17.6× |
| 3 Jul 2020 | 13.0× | 17.6× |
| 17 Jul 2020 | 13.9× | 17.6× |
| 31 Jul 2020 | 14.9× | 17.6× |
| 14 Aug 2020 | 17.4× | 17.6× |
| 28 Aug 2020 | 19.4× | 17.6× |
| 11 Sep 2020 | 21.5× | 17.6× |
| 25 Sep 2020 | 18.0× | 17.6× |
| 9 Oct 2020 | 17.6× | 17.6× |
| 23 Oct 2020 | 16.8× | 17.6× |
| 6 Nov 2020 | 15.1× | 17.6× |
| 20 Nov 2020 | 23.3× | 17.6× |
| 4 Dec 2020 | 23.1× | 17.6× |
| 18 Dec 2020 | 23.3× | 17.6× |
| 1 Jan 2021 | 22.9× | 17.6× |
| 15 Jan 2021 | 21.6× | 17.6× |
| 29 Jan 2021 | 21.2× | 17.6× |
| 12 Feb 2021 | 19.7× | 17.6× |
| 26 Feb 2021 | 19.8× | 17.6× |
| 12 Mar 2021 | 20.6× | 17.6× |
| 26 Mar 2021 | 18.1× | 17.6× |
| 9 Apr 2021 | 19.3× | 17.6× |
| 23 Apr 2021 | 22.9× | 17.6× |
| 7 May 2021 | 22.7× | 17.6× |
| 21 May 2021 | 22.1× | 17.6× |
| 4 Jun 2021 | 23.1× | 17.6× |
| 18 Jun 2021 | 23.3× | 17.6× |
| 2 Jul 2021 | 20.8× | 17.6× |
| 16 Jul 2021 | 20.0× | 17.6× |
| 30 Jul 2021 | 20.3× | 17.6× |
| 13 Aug 2021 | 21.0× | 17.6× |
| 27 Aug 2021 | 19.4× | 17.6× |
| 9 Sep 2021 | 18.8× | 17.6× |
| 24 Sep 2021 | 18.7× | 17.6× |
| 8 Oct 2021 | 21.1× | 17.6× |
| 22 Oct 2021 | 21.3× | 17.6× |
| 4 Nov 2021 | 20.8× | 17.6× |
| 18 Nov 2021 | 24.8× | 17.6× |
| 3 Dec 2021 | 26.4× | 17.6× |
| 17 Dec 2021 | 24.8× | 17.6× |
| 31 Dec 2021 | 25.9× | 17.6× |
| 14 Jan 2022 | 26.5× | 17.6× |
| 28 Jan 2022 | 26.0× | 17.6× |
| 11 Feb 2022 | 25.1× | 17.6× |
| 25 Feb 2022 | 47.6× | 17.6× |
| 11 Mar 2022 | 45.2× | 17.6× |
| 25 Mar 2022 | 42.4× | 17.6× |
| 8 Apr 2022 | 46.7× | 17.6× |
| 22 Apr 2022 | 45.4× | 17.6× |
| 6 May 2022 | 40.8× | 17.6× |
| 20 May 2022 | 38.0× | 17.6× |
| 3 Jun 2022 | 41.1× | 17.6× |
| 17 Jun 2022 | 36.9× | 17.6× |
| 1 Jul 2022 | 36.2× | 17.6× |
| 15 Jul 2022 | 36.1× | 17.6× |
| 29 Jul 2022 | 36.4× | 17.6× |
| 14 Nov 2024 | 52.8× | 17.6× |
| 29 Nov 2024 | 52.8× | 17.6× |
| 27 Dec 2024 | 52.8× | 17.6× |
| 24 Jan 2025 | 52.8× | 17.6× |
| 7 Feb 2025 | 52.8× | 17.6× |
| 21 Feb 2025 | 22.2× | 17.6× |
| 7 Mar 2025 | 23.4× | 17.6× |
| 21 Mar 2025 | 22.9× | 17.6× |
| 4 Apr 2025 | 23.5× | 17.6× |
| 17 Apr 2025 | 22.8× | 17.6× |
| 2 May 2025 | 21.2× | 17.6× |
| 16 May 2025 | 25.1× | 17.6× |
| 30 May 2025 | 11.9× | 17.6× |
| 13 Jun 2025 | 12.9× | 17.6× |
| 27 Jun 2025 | 12.4× | 17.6× |
| 11 Jul 2025 | 14.7× | 17.6× |
| 25 Jul 2025 | 13.6× | 17.6× |
| 8 Aug 2025 | 12.3× | 17.6× |
| 22 Aug 2025 | 9.50× | 17.6× |
| 5 Sep 2025 | 9.40× | 17.6× |
| 19 Sep 2025 | 9.50× | 17.6× |
| 3 Oct 2025 | 9.20× | 17.6× |
| 17 Oct 2025 | 7.40× | 17.6× |
| 31 Oct 2025 | 7.80× | 17.6× |
| 14 Nov 2025 | 7.70× | 17.6× |
| 28 Nov 2025 | 7.50× | 17.6× |
| 12 Dec 2025 | 9.00× | 17.6× |
| 26 Dec 2025 | 9.40× | 17.6× |
| 9 Jan 2026 | 8.70× | 17.6× |
| 23 Jan 2026 | 8.20× | 17.6× |
| 6 Feb 2026 | 8.70× | 17.6× |
| 20 Feb 2026 | 10.8× | 17.6× |
| 6 Mar 2026 | 10.8× | 17.6× |
| 20 Mar 2026 | 11.7× | 17.6× |
| 2 Apr 2026 | 11.2× | 17.6× |
| 17 Apr 2026 | 10.4× | 17.6× |
| 30 Apr 2026 | 10.4× | 17.6× |
| 15 May 2026 | 9.80× | 17.6× |
| 29 May 2026 | 13.0× | 17.6× |
| 5 Jun 2026 | 14.8× | 17.6× |
| 12 Jun 2026 | 14.9× | 17.6× |
| 19 Jun 2026 | 14.9× | 17.6× |
| 25 Jun 2026 | 16.1× | 17.6× |
| 3 Jul 2026 | 15.2× | 17.6× |
| 17 Jul 2026 | 19.0× | 17.6× |
| 31 Jul 2026 | 23.4× | 17.6× |
| 14 Aug 2026 | 24.2× | 17.6× |
| 28 Aug 2026 | 27.4× | 17.6× |
| 11 Sep 2026 | 25.5× | 17.6× |
| 25 Sep 2026 | 25.2× | 17.6× |
| 1 Oct 2026 | 29.6× | 17.6× |
| 16 Oct 2026 | 26.2× | 17.6× |
| 30 Oct 2026 | 22.4× | 17.6× |
Earnings per share, 12 months
- Earnings per share, 12 months ₹19
| Week | Earnings per share, 12 months |
|---|---|
| 10 Mar 2016 | – |
| 23 Mar 2016 | ₹2 |
| 16 Feb 2018 | ₹2 |
| 1 Mar 2018 | ₹2 |
| 16 Mar 2018 | ₹2 |
| 28 Mar 2018 | ₹6 |
| 13 Apr 2018 | ₹6 |
| 27 Apr 2018 | ₹6 |
| 11 May 2018 | ₹6 |
| 25 May 2018 | ₹6 |
| 8 Jun 2018 | ₹6 |
| 22 Jun 2018 | ₹13 |
| 6 Jul 2018 | ₹13 |
| 20 Jul 2018 | ₹13 |
| 3 Aug 2018 | ₹13 |
| 17 Aug 2018 | ₹13 |
| 31 Aug 2018 | ₹13 |
| 14 Sep 2018 | ₹13 |
| 28 Sep 2018 | ₹20 |
| 12 Oct 2018 | ₹20 |
| 26 Oct 2018 | ₹20 |
| 9 Nov 2018 | ₹20 |
| 22 Nov 2018 | ₹20 |
| 7 Dec 2018 | ₹20 |
| 21 Dec 2018 | ₹20 |
| 4 Jan 2019 | ₹30 |
| 18 Jan 2019 | ₹30 |
| 1 Feb 2019 | ₹30 |
| 15 Feb 2019 | ₹30 |
| 1 Mar 2019 | ₹30 |
| 15 Mar 2019 | ₹30 |
| 29 Mar 2019 | ₹33 |
| 12 Apr 2019 | ₹33 |
| 26 Apr 2019 | ₹33 |
| 10 May 2019 | ₹33 |
| 24 May 2019 | ₹33 |
| 7 Jun 2019 | ₹33 |
| 21 Jun 2019 | ₹45 |
| 5 Jul 2019 | ₹45 |
| 19 Jul 2019 | ₹45 |
| 2 Aug 2019 | ₹45 |
| 16 Aug 2019 | ₹45 |
| 30 Aug 2019 | ₹45 |
| 13 Sep 2019 | ₹45 |
| 27 Sep 2019 | ₹41 |
| 11 Oct 2019 | ₹41 |
| 27 Oct 2019 | ₹41 |
| 8 Nov 2019 | ₹41 |
| 22 Nov 2019 | ₹41 |
| 6 Dec 2019 | ₹41 |
| 20 Dec 2019 | ₹41 |
| 3 Jan 2020 | ₹38 |
| 17 Jan 2020 | ₹38 |
| 1 Feb 2020 | ₹38 |
| 14 Feb 2020 | ₹38 |
| 28 Feb 2020 | ₹38 |
| 13 Mar 2020 | ₹38 |
| 27 Mar 2020 | ₹32 |
| 9 Apr 2020 | ₹32 |
| 24 Apr 2020 | ₹32 |
| 8 May 2020 | ₹32 |
| 22 May 2020 | ₹32 |
| 5 Jun 2020 | ₹32 |
| 19 Jun 2020 | ₹32 |
| 3 Jul 2020 | ₹32 |
| 17 Jul 2020 | ₹32 |
| 31 Jul 2020 | ₹32 |
| 14 Aug 2020 | ₹32 |
| 28 Aug 2020 | ₹32 |
| 11 Sep 2020 | ₹32 |
| 25 Sep 2020 | ₹20 |
| 9 Oct 2020 | ₹20 |
| 23 Oct 2020 | ₹20 |
| 6 Nov 2020 | ₹20 |
| 20 Nov 2020 | ₹20 |
| 4 Dec 2020 | ₹20 |
| 18 Dec 2020 | ₹14 |
| 1 Jan 2021 | ₹14 |
| 15 Jan 2021 | ₹14 |
| 29 Jan 2021 | ₹14 |
| 12 Feb 2021 | ₹14 |
| 26 Feb 2021 | ₹14 |
| 12 Mar 2021 | ₹14 |
| 26 Mar 2021 | ₹14 |
| 9 Apr 2021 | ₹14 |
| 23 Apr 2021 | ₹14 |
| 7 May 2021 | ₹14 |
| 21 May 2021 | ₹14 |
| 4 Jun 2021 | ₹14 |
| 18 Jun 2021 | ₹14 |
| 2 Jul 2021 | ₹14 |
| 16 Jul 2021 | ₹14 |
| 30 Jul 2021 | ₹14 |
| 13 Aug 2021 | ₹14 |
| 27 Aug 2021 | ₹14 |
| 9 Sep 2021 | ₹14 |
| 24 Sep 2021 | ₹15 |
| 8 Oct 2021 | ₹15 |
| 22 Oct 2021 | ₹15 |
| 4 Nov 2021 | ₹15 |
| 18 Nov 2021 | ₹15 |
| 3 Dec 2021 | ₹15 |
| 17 Dec 2021 | ₹15 |
| 31 Dec 2021 | ₹11 |
| 14 Jan 2022 | ₹11 |
| 28 Jan 2022 | ₹11 |
| 11 Feb 2022 | ₹11 |
| 25 Feb 2022 | ₹11 |
| 11 Mar 2022 | ₹11 |
| 25 Mar 2022 | ₹5 |
| 8 Apr 2022 | ₹5 |
| 22 Apr 2022 | ₹5 |
| 6 May 2022 | ₹5 |
| 20 May 2022 | ₹5 |
| 3 Jun 2022 | ₹5 |
| 17 Jun 2022 | ₹5 |
| 1 Jul 2022 | ₹5 |
| 15 Jul 2022 | ₹5 |
| 29 Jul 2022 | ₹5 |
| 14 Nov 2024 | ₹5 |
| 29 Nov 2024 | ₹5 |
| 27 Dec 2024 | ₹3 |
| 24 Jan 2025 | ₹3 |
| 7 Feb 2025 | ₹3 |
| 21 Feb 2025 | ₹3 |
| 7 Mar 2025 | ₹3 |
| 21 Mar 2025 | ₹3 |
| 4 Apr 2025 | ₹12 |
| 17 Apr 2025 | ₹12 |
| 2 May 2025 | ₹12 |
| 16 May 2025 | ₹12 |
| 30 May 2025 | ₹12 |
| 13 Jun 2025 | ₹12 |
| 27 Jun 2025 | ₹26 |
| 11 Jul 2025 | ₹26 |
| 25 Jul 2025 | ₹26 |
| 8 Aug 2025 | ₹26 |
| 22 Aug 2025 | ₹26 |
| 5 Sep 2025 | ₹26 |
| 19 Sep 2025 | ₹35 |
| 3 Oct 2025 | ₹35 |
| 17 Oct 2025 | ₹35 |
| 31 Oct 2025 | ₹35 |
| 14 Nov 2025 | ₹35 |
| 28 Nov 2025 | ₹35 |
| 12 Dec 2025 | ₹35 |
| 26 Dec 2025 | ₹38 |
| 9 Jan 2026 | ₹38 |
| 23 Jan 2026 | ₹38 |
| 6 Feb 2026 | ₹38 |
| 20 Feb 2026 | ₹38 |
| 6 Mar 2026 | ₹38 |
| 20 Mar 2026 | ₹38 |
| 2 Apr 2026 | ₹30 |
| 17 Apr 2026 | ₹30 |
| 30 Apr 2026 | ₹30 |
| 15 May 2026 | ₹30 |
| 29 May 2026 | ₹30 |
| 5 Jun 2026 | ₹30 |
| 12 Jun 2026 | ₹30 |
| 19 Jun 2026 | ₹30 |
| 25 Jun 2026 | ₹23 |
| 3 Jul 2026 | ₹23 |
| 17 Jul 2026 | ₹23 |
| 31 Jul 2026 | ₹23 |
| 14 Aug 2026 | ₹23 |
| 28 Aug 2026 | ₹23 |
| 11 Sep 2026 | ₹23 |
| 25 Sep 2026 | ₹19 |
| 1 Oct 2026 | ₹19 |
| 16 Oct 2026 | ₹19 |
| 30 Oct 2026 | ₹19 |
Why the multiple is where it is: over the past year earnings per share moved −6.6% while the price moved +57.9%. The price did better than earnings, which pushed the multiple up within its own range.
Where the price move came from: over 5 years the price moved +7.6% a year; about +4.8% a year came from earnings growth and about +2.8 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.
In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.
What growth does the Fermenta Biotech share price assume?
Worked out from its price on 20 July 2026, Fermenta Biotech Ltd's share price assumed profit growth of about 8.9% a year. Over the past 10 years its profit actually grew 42.7% a year. Today its P/E is 23.6×, higher than 73% of its own last 11 years.
This works the share price backwards. It asks one question: what yearly profit growth does the price already assume? The answer is the growth rate at which eleven years of profit (six years of growth, then five years of slowing) add up to that day's market value, after each year is discounted at 11%.
This is a one-day reading, taken on 20 July 2026. Every other number on this page, the multiple included, uses the latest price as of 4 November 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements.
Is the Fermenta Biotech business getting better or worse?
Fermenta Biotech Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue +11.8% in FY26, profit −7.9%
- Revenue growth 11.8%
| Quarter | Revenue growth |
|---|---|
| FY16 | 9.2% |
| FY17 | 5.8% |
| FY18 | 84.1% |
| FY19 | 33.4% |
| FY20 | −27.5% |
| FY21 | 28.8% |
| FY22 | 5.6% |
| FY23 | −12.1% |
| FY24 | −4% |
| FY25 | 39.7% |
| FY26 | 11.8% |
Profit growth, EPS growth
- Profit growth −7.9%
- EPS growth −6.6%
| Quarter | Profit growth | EPS growth |
|---|---|---|
| FY16 | 100% | −300% |
| FY17 | −300% | – |
| FY18 | – | – |
| FY19 | 154.3% | 249.8% |
| FY20 | −48.7% | −52.6% |
| FY21 | −28.3% | −23.6% |
| FY22 | −65.1% | −66% |
| FY23 | −300% | −300% |
| FY24 | – | – |
| FY25 | – | – |
| FY26 | −7.9% | −6.6% |
Three growth lines over twelve quarters: revenue rolling over
- Revenue −3.2%
| Quarter | Revenue |
|---|---|
| Sep 2023 | −21.6% |
| Dec 2023 | −0.2% |
| Mar 2024 | −4.9% |
| Jun 2024 | −3.5% |
| Sep 2024 | 23.4% |
| Dec 2024 | 24.4% |
| Mar 2025 | 39.9% |
| Jun 2025 | 59.2% |
| Sep 2025 | 52.3% |
| Dec 2025 | 27.3% |
| Mar 2026 | 11.9% |
| Jun 2026 | −3.2% |
Profit, EPS
- Profit −55.9%
- EPS −42.9%
| Quarter | Profit | EPS |
|---|---|---|
| Sep 2023 | – | – |
| Dec 2023 | – | – |
| Mar 2024 | – | – |
| Jun 2024 | −300% | – |
| Sep 2024 | – | – |
| Dec 2024 | 279.3% | – |
| Mar 2025 | – | – |
| Jun 2025 | – | – |
| Sep 2025 | 62.1% | 300% |
| Dec 2025 | −68.3% | 144.8% |
| Mar 2026 | −44.2% | −6.6% |
| Jun 2026 | −55.9% | −42.9% |
ROCE: the return line, worked out each quarter
- ROCE 22.2%
| Quarter | ROCE |
|---|---|
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | 10.6% |
| Dec 2024 | 18.4% |
| Mar 2025 | – |
| Jun 2025 | – |
| Sep 2025 | – |
| Dec 2025 | – |
| Mar 2026 | 25.5% |
| Jun 2026 | 22.2% |
Why it matters: with too little history, we say so rather than guess a direction.
One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.
There are fewer than eight usable quarters, so this page does not guess a direction from so little history.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +11.8% | +14.4% | +6.8% | +12.9% |
| Profit | −7.9% | — | +10.2% | +42.7% |
| EPS | −6.6% | — | +9.5% | — |
| Share price | +57.9% | +35.6% | +7.6% | +20.5% |
What is the Fermenta Biotech story, and has it been checked?
Fermenta Biotech Ltd's story is not scored yet against the checks our research set on 17 May 2026. Where it sits in its own cycle: EARLY EXPANSION.
NOT YET CHECKED
Our read, 17 May 2026. A structural Vitamin D3 turnaround, margin peak may have passed, but plant-based D3 patent creates a multi-year premium moat if commercialisation lands.
From the numbers. EPS…
From the price. Price stage 2, week 17, above its 200-day line, relative strength falling.
From the research. A structural Vitamin D3 turnaround, margin peak may have passed, but plant-based D3 patent creates a multi-year premium moat if commercialisation lands.
Where they disagree. EPS has been volatile: negative FY23-FY24, strong FY25, now decelerating in FY26. pe pb cycle segment EXPANSION STARTED, RIDING WAVE. The pe decomposition flag is mixed (EARNINGS DISCONNECT), EPS improvement is real but PAT in FY26 is decelerating from FY25 peak.
What is proven. A structural Vitamin D3 turnaround, margin peak may have passed, but plant-based D3 patent creates a multi-year premium moat if commercialisation lands.
What is not proven yet. Chinese manufacturers dominate animal feed D3 with price-competitive capacity; CARE Ratings flagged margins susceptible to volatility of commodity prices and competition from China under feed grade segment.
The test written in advance. Chinese Vitamin D3 Competition, Animal Feed Segment Pricing. Measured by: Chinese Vitamin D3 Competition, Animal Feed Segment Pricing CARE Ratings annual review / Fermenta realisation per kg D3 in quarterly disclosures by the next result.
The test written in advance. OPM Cyclicality, FY25 Peak May Not Recur. Measured by: OPM Cyclicality, FY25 Peak May Not Recur Q4 FY26 and Q1 FY27 OPM trends; real estate revenue contribution declining to zero by the next result.
The test written in advance. Plant-Based D3 Capex Execution Risk. Measured by: Plant-Based D3 Capex Execution Risk First commercial sale of VITADEE Green; customer qualification announcements by the next result.
The key numbers to watch, and the level that would change the picture
| Measure | Now | Why it matters |
|---|---|---|
| Vitamin D3 Demand Recovery, Channel… | HIGH | Post-pandemic channel inventory overhang cleared; human nutrition D3 realisations recovered, drove FY25 PAT from loss to Rs 76… |
| Plant-Based Vitamin D3 Patent + Rs 110 Cr… | MEDIUM HIGH | Indian patent granted Sep 2025 for proprietary plant-based D3 process; Rs 110 Cr capex for commercial scale production, goals… |
| Geographic Expansion, 60+ Country… | MEDIUM | Revenue mix well-diversified: India 40%, Europe 27%, North America 17%, Others 16% (FY25). Limited concentration, top customer… |
| Green Chemistry / | MEDIUM | Green Chemistry Solutions revenue +64% YoY in 9M FY26; FY25 green chemistry at Rs 38 Cr vs Rs 29 Cr in FY24. Diversification… |
Everything further down this page is evidence for or against these.
FY25-Q4FY26-Q3
- 1 · Operating leveragebuilding
- 2 · Value-added mixquiet
- 3 · Management changequiet
- 4 · Paying down debtquiet
- 5 · Regulatory approvalquiet
- 6 · Order-book winsquiet
- 7 · Consolidationbuilding
- 8 · Demerger or value unlockquiet
- 9 · Buybackquiet
- 10 · New geographiesbuilding
- 11 · More business from existing customersquiet
- 12 · New product launchbuilding
- 13 · Mandatory normsquiet
- 14 · A bigger market to servequiet
- 15 · Market-share gainsquiet
- 16 · Asset qualityquiet
Lever 1 · Operating leverage: building. Post-pandemic channel inventory overhang cleared; human nutrition D3 realisations recovered, drove FY25 PAT from loss to Rs 76 Cr. 9M FY26 ex-real-estate EBITDA already +14% above full FY25. What proves it keeps working: Vitamin D3 Demand Recovery, Channel Inventory Normalisation. It stops working if CARE Ratings annual review / Fermenta realisation per kg D3 in quarterly disclosures.
Lever 7 · Consolidation: building. Indian patent granted Sep 2025 for proprietary plant-based D3 process; Rs 110 Cr capex for commercial scale production, goals premium vegan supplement markets globally where premiums over lanolin D3 are structurally higher. What proves it keeps working: Plant-Based Vitamin D3 Patent + Rs 110 Cr Capex. It stops working if CARE Ratings annual review / Fermenta realisation per kg D3 in quarterly disclosures.
Lever 10 · New geographies: building. Revenue mix well-diversified: India 40%, Europe 27%, North America 17%, Others 16% (FY25). Limited concentration, top customer only 9% of revenue. 400+ customers across 60+ countries. What proves it keeps working: Geographic Expansion, 60+ Country Footprint Deepening. It stops working if CARE Ratings annual review / Fermenta realisation per kg D3 in quarterly disclosures.
Lever 12 · New product launch: building. Green Chemistry Solutions revenue +64% YoY in 9M FY26; FY25 green chemistry at Rs 38 Cr vs Rs 29 Cr in FY24. Diversification reduces single-product D3 revenue concentration. What proves it keeps working: Green Chemistry / Enzyme Revenue Diversification. It stops working if CARE Ratings annual review / Fermenta realisation per kg D3 in quarterly disclosures.
Sources: our stock research file (17 May 2026) · quarterly results through Jun 2026. The story check is re-scored every results season; the record below never changes.
The whole page in one table. Each row links to its section.
How much does Fermenta Biotech earn on its capital?
Fermenta Biotech Ltd earned a ROCE of 21% in FY26. That is up from a low of 0% in FY23. Its return on capital used (ROIC) is 1.9 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.
Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.
It comes from a 13.4% net margin and 0.81× asset turnover (sales divided by assets).
Why the return is what it is (FY26): a 13.4% net margin × 0.81× asset turnover × 1.60× leverage (assets divided by equity) ≈ 17.4% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.
The key test, return on capital used minus the cost of capital: 10.1% − 12.0% = −1.9 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.
The 10.1% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 13.0%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.
FY26: ROCE 21%, the climb back from FY23's 0%
- ROCE 21%
- ROIC (annual) 13%
- Cost of capital 12%
| Quarter | ROCE | ROIC (annual) | Cost of capital |
|---|---|---|---|
| FY14 | 9% | – | 12% |
| FY15 | 3% | – | 12% |
| FY16 | 6% | – | 12% |
| FY17 | 2% | – | 12% |
| FY18 | 31% | – | 12% |
| FY19 | 41% | – | 12% |
| FY20 | 12% | – | 12% |
| FY21 | 13% | – | 12% |
| FY22 | 7% | 3.5% | 12% |
| FY23 | 0% | −2% | 12% |
| FY24 | 3% | 0.7% | 12% |
| FY25 | 23% | 21.7% | 12% |
| FY26 | 21% | 13% | 12% |
Q4 FY26: ROCE 17.8% (last 12 months) against a 12.0% cost of capital
- ROCE (12 months) 17.8%
- ROIC (12 months) 13.3%
- Cost of capital 12.0%
| Quarter | ROCE (12 months) | ROIC (12 months) | Cost of capital |
|---|---|---|---|
| Q2 FY24 | −4% | – | 12% |
| Q3 FY24 | – | – | 12% |
| Q4 FY24 | 0.8% | 3.9% | 12% |
| Q1 FY25 | – | 1% | 12% |
| Q2 FY25 | 7.1% | −1.6% | 12% |
| Q3 FY25 | – | 6.2% | 12% |
| Q4 FY25 | 22.5% | 13.8% | 12% |
| Q1 FY26 | – | 21.5% | 12% |
| Q2 FY26 | 29.7% | 27.3% | 12% |
| Q3 FY26 | – | 27.8% | 12% |
| Q4 FY26 | 17.8% | 20.3% | 12% |
| Q1 FY27 | – | 13.3% | 12% |
Does Fermenta Biotech have too much debt?
Fermenta Biotech Ltd has total debt of ₹113 Cr against shareholder equity of ₹401 Cr as of Jun 2026, so its debt is 0.28× its equity, which is very little. Year by year, that ratio went from 0.64 in FY22 to 0.28 in FY26. So the returns on this page come from the business, not from borrowed money.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY26: debt ₹113 Cr, 0.28× equity
- Total debt ₹113
| Quarter | Total debt |
|---|---|
| FY22 | ₹239 |
| FY23 | ₹220 |
| FY24 | ₹139 |
| FY25 | ₹115 |
| FY26 | ₹113 |
Debt-to-equity
- Debt-to-equity 0.28×
| Quarter | Debt-to-equity |
|---|---|
| FY22 | 0.64× |
| FY23 | 0.70× |
| FY24 | 0.49× |
| FY25 | 0.32× |
| FY26 | 0.28× |
Jun 2026: debt ₹113 Cr, debt-to-equity 0.28
- Total debt (quarterly) ₹113
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2023 | ₹172 |
| Dec 2023 | ₹172 |
| Mar 2024 | ₹139 |
| Jun 2024 | ₹139 |
| Sep 2024 | ₹125 |
| Dec 2024 | ₹125 |
| Mar 2025 | ₹115 |
| Jun 2025 | ₹115 |
| Sep 2025 | ₹112 |
| Dec 2025 | ₹112 |
| Mar 2026 | ₹113 |
| Jun 2026 | ₹113 |
Debt-to-equity
- Debt-to-equity 0.28×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | 0.61× |
| Dec 2023 | 0.61× |
| Mar 2024 | 0.49× |
| Jun 2024 | 0.49× |
| Sep 2024 | 0.44× |
| Dec 2024 | 0.44× |
| Mar 2025 | 0.32× |
| Jun 2025 | 0.32× |
| Sep 2025 | 0.29× |
| Dec 2025 | 0.29× |
| Mar 2026 | 0.28× |
| Jun 2026 | 0.28× |
What is the Fermenta Biotech shareholding pattern?
Promoters cut their stake in Fermenta Biotech Ltd by 1.9 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 60.1% of the company. Foreign institutions moved +1.0 points over the same period, to 1.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.
Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.
Over the last two years: Promoters: −1.9 points over 8 quarters, to 60.1%; Foreign institutions: +1.0 points over 8 quarters, to 1.1%; Domestic institutions: +0.0 points over 8 quarters, to 0.0%.
Why the owners changed: promoters drove it (−1.9 points), with the other side taken by foreign institutions (+1.0 points). They reduced their stake.
Year ends: promoters +2.0 points from Mar 2024 to Mar 2026
- Promoters 64.08%
- Foreign inst. 0.02%
- Public 33.32%
| Quarter | Promoters | Foreign inst. | Public |
|---|---|---|---|
| Mar 2024 | 62.06% | 0% | 36.05% |
| Mar 2025 | 64.08% | 0.02% | 35% |
| Mar 2026 | 64.08% | 0.02% | 33.32% |
Promoters cut their stake by 1.9 points over 8 quarters
- Promoters 60.12%
- Foreign inst. 1.05%
- Domestic inst. 0%
- Public 36.43%
| Quarter | Promoters | Foreign inst. | Domestic inst. | Public |
|---|---|---|---|---|
| Dec 2023 | 62.06% | 0% | 0% | 36.05% |
| Mar 2024 | 62.06% | 0% | 0% | 36.05% |
| Jun 2024 | 62.06% | 0% | 0% | 36.11% |
| Sep 2024 | 62.06% | 0.05% | 0% | 36.41% |
| Dec 2024 | 62.06% | 0.02% | 0% | 36.98% |
| Mar 2025 | 64.08% | 0.02% | 0% | 35% |
| Jun 2025 | 64.08% | 0.02% | 0% | 35% |
| Sep 2025 | 64.08% | 0.02% | 0% | 34.75% |
| Dec 2025 | 64.08% | 0.02% | 0% | 33.99% |
| Mar 2026 | 64.08% | 0.02% | 0% | 33.32% |
| Jun 2026 | 64.08% | 0.13% | 0.04% | 33.19% |
| Aug 2026 | 64.09% | 0.37% | 0.04% | 32.95% |
| Sep 2026 | 60.12% | 1.05% | 0% | 36.43% |
How far is Fermenta Biotech from balance-sheet trouble?
For Fermenta Biotech Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
How does Fermenta Biotech rank in its industry?
42.8 out of 100, rank 11 of 14 in Pharma - API, with 64% of the evidence available.
Fermenta Biotech Ltd scores 42.8 out of 100 against the 14 companies it is compared with in Pharma - API, ranking 11. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
The four parts add up to the total exactly: 3.8 + 16.7 + 10.8 + 11.5 = 42.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here.
What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.
Which companies is Fermenta Biotech compared with?
Fermenta Biotech ranks 11 of 14 Pharma - API companies on the 4-Factor Sector Score, with 42.8 out of 100.
- 1Anuh Pharma LtdANUHPHR · breaking out · Evidence leans up · 100% evidence64.2out of 100
How the score adds up
Growth & earnings 21.1/35 · Revenue 6.6% · Profit 23.7% · Operating margin change 3 points · 100% evidenceCapital efficiency 13.8/25 · ROCE 14.9% · Operating margin 9% · 100% evidenceValuation 17.8/20 · P/E 18.3× · PEG 0.31 · 100% evidenceRelative strength 11.5/20 · Lead over its industry -7.9% · Lead over NIFTY 500 14.5% · 1 year -3.1% · 100% evidence · 10 of 12 weeks aheadExact sum: 21.1 + 13.8 + 17.8 + 11.5 = 64.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 2Senores Pharmaceuticals LtdSENORES · quiet · Evidence leans up · 75% evidence61.2out of 100
How the score adds up
Growth & earnings 28.2/35 · Revenue 38.9% · Profit 62.4% · Operating margin change -1 points · 95% evidenceCapital efficiency 16.4/25 · ROCE 15.1% · Operating margin 30% · 76% evidenceValuation 9.2/20 · P/E 39.1× · PEG — · 15% evidenceRelative strength 7.4/20 · Lead over its industry -6.3% · Lead over NIFTY 500 12.6% · 1 year 47% · 100% evidence · 7 of 12 weeks aheadExact sum: 28.2 + 16.4 + 9.2 + 7.4 = 61.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 3Innova Captab LtdINNOVACAP · leader · Evidence leans up · 96% evidence60.1out of 100
How the score adds up
Growth & earnings 24.0/35 · Revenue 34.4% · Profit 18.5% · Operating margin change 1 points · 88% evidenceCapital efficiency 13.0/25 · ROCE 15% · Operating margin 16% · 100% evidenceValuation 7.3/20 · P/E 38.1× · PEG 4.06 · 100% evidenceRelative strength 15.8/20 · Lead over its industry 3.4% · Lead over NIFTY 500 25.3% · 1 year 23.4% · 100% evidence · 12 of 12 weeks aheadExact sum: 24 + 13 + 7.3 + 15.8 = 60.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 4Beta Drugs LtdBETA · losing its lead · Evidence leans up · 67% evidence56.7out of 100
How the score adds up
Growth & earnings 19.8/35 · Revenue 15.3% · Profit 26.2% · Operating margin change 1 points · 95% evidenceCapital efficiency 18.4/25 · ROCE 19.2% · Operating margin 22% · 76% evidenceValuation 8.0/20 · P/E 38.5× · PEG — · 50% evidenceRelative strength 10.5/20 · Lead over its industry — · Lead over NIFTY 500 11.2% · 1 year -3.1% · 25% evidence · 8 of 12 weeks aheadExact sum: 19.8 + 18.4 + 8 + 10.5 = 56.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 5Ind-Swift Laboratories LtdINDSWFTLAB · leader · Evidence leans up · 82% evidence56.4out of 100
How the score adds up
Growth & earnings 21.0/35 · Revenue 29.9% · Profit -64.1% · Operating margin change 14.3 points · 95% evidenceCapital efficiency 8.3/25 · ROCE 4.9% · Operating margin 19% · 76% evidenceValuation 7.1/20 · P/E 34.9× · PEG — · 50% evidenceRelative strength 20.0/20 · Lead over its industry 71.6% · Lead over NIFTY 500 98.2% · 1 year 257.7% · 100% evidence · 12 of 12 weeks aheadExact sum: 21 + 8.3 + 7.1 + 20 = 56.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 6Wanbury LtdWANBURY · quiet · Evidence leans up · 81% evidence55.3out of 100
How the score adds up
Growth & earnings 12.0/35 · Revenue 3.6% · Profit 30% · Operating margin change -5.2 points · 88% evidenceCapital efficiency 16.6/25 · ROCE 30.7% · Operating margin 9.8% · 100% evidenceValuation 19.2/20 · P/E 11.2× · PEG 0.34 · 100% evidenceRelative strength 7.5/20 · Lead over its industry — · Lead over NIFTY 500 -19.7% · 1 year -27.9% · 25% evidence · 0 of 12 weeks aheadExact sum: 12 + 16.6 + 19.2 + 7.5 = 55.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. - 7Gujarat Themis Biosyn LtdGUJTHEM · turning · Evidence leans up · 89% evidence55.2out of 100
How the score adds up
Growth & earnings 19.6/35 · Revenue 16.1% · Profit 6.7% · Operating margin change 9 points · 88% evidenceCapital efficiency 18.1/25 · ROCE 18.1% · Operating margin 48% · 100% evidenceValuation 10.3/20 · P/E 97.1× · PEG 1.33 · 65% evidenceRelative strength 7.2/20 · Lead over its industry -16.3% · Lead over NIFTY 500 3.7% · 1 year -21.7% · 100% evidence · 5 of 12 weeks aheadExact sum: 19.6 + 18.1 + 10.3 + 7.2 = 55.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 8Aarti Drugs LtdAARTIDRUGS · turning · Evidence leans up · 96% evidence50.1out of 100
How the score adds up
Growth & earnings 16.5/35 · Revenue 10.5% · Profit 1.1% · Operating margin change 1 points · 88% evidenceCapital efficiency 13.4/25 · ROCE 12% · Operating margin 14% · 100% evidenceValuation 8.2/20 · P/E 20.6× · PEG 3.2 · 100% evidenceRelative strength 12.0/20 · Lead over its industry -6.8% · Lead over NIFTY 500 15.8% · 1 year -11.3% · 100% evidence · 9 of 12 weeks aheadExact sum: 16.5 + 13.4 + 8.2 + 12 = 50.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 9Jagsonpal Pharmaceuticals LtdJAGSNPHARM · breaking out · Evidence leans down · 100% evidence46.5out of 100
How the score adds up
Growth & earnings 14.6/35 · Revenue 6% · Profit -27% · Operating margin change -1 points · 100% evidenceCapital efficiency 19.1/25 · ROCE 22.7% · Operating margin 21% · 100% evidenceValuation 6.4/20 · P/E 30.2× · PEG 3.39 · 100% evidenceRelative strength 6.4/20 · Lead over its industry -10.7% · Lead over NIFTY 500 9.9% · 1 year -2.7% · 100% evidence · 7 of 12 weeks aheadExact sum: 14.6 + 19.1 + 6.4 + 6.4 = 46.5 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. - 10Aarti Pharmalabs LtdAARTIPHARM · breaking out · Evidence leans down · 85% evidence44.9out of 100
How the score adds up
Growth & earnings 17.8/35 · Revenue 13.4% · Profit 6.7% · Operating margin change 4 points · 100% evidenceCapital efficiency 12.4/25 · ROCE 10.7% · Operating margin 22% · 100% evidenceValuation 2.9/20 · P/E 30.4× · PEG 5.52 · 100% evidenceRelative strength 11.8/20 · Lead over its industry — · Lead over NIFTY 500 22.9% · 1 year 2.4% · 25% evidence · 12 of 12 weeks aheadExact sum: 17.8 + 12.4 + 2.9 + 11.8 = 44.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 11Fermenta Biotech Ltd this pageFERMENTA · losing its lead · Evidence leans down · 64% evidence42.8out of 100
How the score adds up
Growth & earnings 3.8/35 · Revenue -3.1% · Profit -44% · Operating margin change -5.9 points · 88% evidenceCapital efficiency 16.7/25 · ROCE 20.6% · Operating margin 14.8% · 100% evidenceValuation 10.8/20 · P/E 22.4× · PEG — · 15% evidenceRelative strength 11.5/20 · Lead over its industry — · Lead over NIFTY 500 17.3% · 1 year 51.5% · 25% evidence · 11 of 12 weeks aheadExact sum: 3.8 + 16.7 + 10.8 + 11.5 = 42.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 12Kopran LtdKOPRAN · breaking out · Evidence leans down · 81% evidence41.5out of 100
- 13Orchid Pharma LtdORCHPHARMA · losing its lead · Evidence leans down · 66% evidence37.8out of 100
- 14Themis Medicare LtdTHEMISMED · quiet · Most evidence points down · 71% evidence30.1out of 100
Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.
The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.
Related companies: Pharma - API, all 14 compared on one page.
Which companies are close to Fermenta Biotech in size?
Fermenta Biotech is the 10th largest of 14 Pharma - API companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Ind-Swift Laboratories, Beta Drugs and Jagsonpal Pharmaceuticals. Just below it: Kopran, Anuh Pharma and Themis Medicare.
Pharma - API companies close in size
- Ind-Swift Laboratories Ltd ₹3,202 crore
- Beta Drugs Ltd ₹2,000 crore
- Jagsonpal Pharmaceuticals Ltd ₹1,427 crore
- Fermenta Biotech Ltd ₹1,229 crore
- Kopran Ltd ₹1,155 crore
- Anuh Pharma Ltd ₹875 crore
- Themis Medicare Ltd ₹873 crore
All 14 Pharma - API companies, largest first
Companies close in size in other industries
- Capacite Infraprojects Ltd ₹1,232 crore · Realty - Construction & Contracting
- Eimco Elecon (India) Ltd ₹1,231 crore · Capital Goods - Engineering Heavy
- Fermenta Biotech Ltd ₹1,229 crore
- Bharat Seats Ltd ₹1,228 crore · Auto Ancillaries - Seats
- Walchandnagar Industries Ltd ₹1,225 crore · Capital Goods - Engineering Heavy
What else do people ask about Fermenta Biotech?
What is Fermenta Biotech's share price today?
Fermenta Biotech Ltd's share price is ₹439.80, +57.9% over the past year. The whole company is worth ₹1,293 Cr on the market.
In the last 52 weeks it traded between ₹269 to ₹560; today it is 59% of the way up from the low, 7.3% above its 200-day average (as of 4 November 2026).
What were Fermenta Biotech's latest quarterly results?
Fermenta Biotech Ltd reported revenue of ₹122 Cr and net profit of ₹9.5 Cr for the Jun 2026 quarter. Revenue fell 10.6% and profit fell 55.9% compared with a year earlier. Earnings per share were ₹3.31.
The operating margin was 14.8%, 5.9 percentage points lower than a year earlier (as of 4 November 2026).
What is Fermenta Biotech's market cap?
Fermenta Biotech Ltd's market capitalisation is ₹1,293 Cr at a share price of ₹439.80. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is Fermenta Biotech performing?
Fermenta Biotech Ltd's share price has been rising for 17 weeks. In its latest quarter, revenue fell 10.6% and profit fell 55.9% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 4 November 2026).
Will Fermenta Biotech's share price go up?
This page does not forecast Fermenta Biotech Ltd's share price. What it shows instead: the share price is ₹439.80, and it has been rising for 17 weeks. Its P/E of 23.6× is higher than 73% of its own last 11 years (as of 4 November 2026).
Who owns Fermenta Biotech?
Promoters own 60.1% of Fermenta Biotech Ltd, foreign institutions 1.1%, domestic institutions 0.0% and the public 36.4% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 1.9 percentage points over 8 quarters (as of 4 November 2026).
Does Fermenta Biotech have too much debt?
No, Fermenta Biotech Ltd has little debt: its debt is 0.28× its equity, and its operating profit is 8 times its interest bill. FY26 borrowings were ₹113 Cr against equity of ₹406 Cr.
So the returns on this page come from the business, not borrowed money (as of 4 November 2026).
What is Fermenta Biotech's capex?
Fermenta Biotech Ltd sold more long-term assets (plants, machines and the like) than it bought over the last 3 years, by ₹8.0 Cr, worked out from the change in fixed assets plus depreciation. Depreciation over the same years was ₹71.0 Cr (as of 4 November 2026).
Where is Fermenta Biotech in its business cycle?
Fermenta Biotech Ltd's FY26 operating margin was 19.0%, against a 13-year range of 5.0% to 39.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 14.8%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the Fermenta Biotech story?
The main question: the share price moved +57.9% in a year while yearly earnings per share moved −6.6%. The difference came from the market paying a higher multiple.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is Fermenta Biotech a stock worth studying right now?
What the numbers show: Fermenta Biotech Ltd's share price has risen faster than its earnings: +57.9% in a year, against −6.6% for earnings per share. The main open question: whether earnings grow into a price that has already moved.
Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Is there a Fermenta Biotech share price forecast for 2026?
What is changing at Fermenta Biotech, from the latest results and calls: vitamin d3 demand recovery, channel inventory normalisation, plant-based vitamin d3 patent + ₹110 crore capital spending and geographic expansion, 60+ country footprint deepening.
What would change the story: October to December 2025 operating margin compressed to 18%, normalised band may be 18-22%, not 25-34%.
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
See the plain-text version of this page.
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