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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.

₹439.80Price +57.9% in a year
23.6×P/E higher than 73% of the last 11 years
₹122 CrRevenue (Jun 2026) −10.6% on a year ago
₹9.5 CrProfit (Jun 2026) −55.9% on a year ago
14.8%Operating margin −5.9 points on a year ago
21%ROCE FY26
10.1%ROIC against a 12.0% cost of capital: −1.9 points
110%Profit that came in as cash last 3 years

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
Nov 2026: ₹440, 7.3% above its 200-day average. The price has been rising for 17 weeks.
WeekPrice50-day avg200-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
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

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
Nov 2026: ₹440, 7.3% above its 200-day average. The price has been rising for 17 weeks.
WeekPrice50-day avg200-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
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

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
Nov 2026: ₹440, 7.3% above its 200-day average. The price has been rising for 17 weeks.
WeekPrice50-day avg200-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
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

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
Nov 2026: ₹440, 7.3% above its 200-day average. The price has been rising for 17 weeks.
WeekPrice50-day avg200-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
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

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 by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
10 Mar 2016no NIFTY 500 reading
18 Mar 2016no NIFTY 500 reading
23 Mar 2016no NIFTY 500 reading
1 Apr 2016no NIFTY 500 reading
8 Apr 2016no NIFTY 500 reading
13 Apr 2016no NIFTY 500 reading
22 Apr 2016no NIFTY 500 reading
29 Apr 2016no NIFTY 500 reading
6 May 2016no NIFTY 500 reading
13 May 2016no NIFTY 500 reading
20 May 2016no NIFTY 500 reading
27 May 2016no NIFTY 500 reading
3 Jun 2016no 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%
Each bar is one week, from 2016 to now (545 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

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.

  1. Promoters cut their stake by 4 points in one quarter

    From 64.1% to 60.1% in the September 2026 quarter.

  2. Lowest operating margin in 8 quarters

    Operating margin was 14.8% in the June 2026 quarter, against 20.7% a year earlier.

  3. 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

Fermenta Biotech results: April to June 2026 against a year earlier
MeasureApril to June 2026April to June 2025Change
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 margin14.8%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

Fermenta Biotech share price: then and now
WhenCloseChange 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

Fermenta Biotech dividends since 1 April 2021
Ex-dateDividend per shareType
5 Aug 2026Dividend₹3.75Dividend

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.

0 of 5Of the last 5 financial years, years with an NSE dividend record

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.

Fermenta Biotech: what to watch next quarter
What to checkWhy
CARE Ratings annual review / Fermenta realisation per kg D3 in quarterly disclosures.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
FY26 profit ₹70.0 Cr (−7.9% on the year before), 42.7% a year over 10 years
QuarterNet 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%
Growth on a year earlier
QuarterGrowth on a year earlier
FY16100%
FY17−550%
FY18–
FY19154.3%
FY20−48.7%
FY21−28.3%
FY22−65.1%
FY23−453.3%
FY24–
FY25–
FY26−7.9%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Jun 2026: ₹9.5 Cr (−55.9% on a year earlier)

  • Net profit (quarterly) ₹9.5
Jun 2026: ₹9.5 Cr (−55.9% on a year earlier)
QuarterNet 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%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024−368.3%
Sep 2024–
Dec 2024279.3%
Mar 2025–
Jun 2025–
Sep 202562.1%
Dec 2025−68.3%
Mar 2026−44.2%
Jun 2026−55.9%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

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
FY26 revenue ₹523 Cr (+11.8% on the year before), 12.9% a year over 10 years
QuarterRevenue
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%
Growth on a year earlier
QuarterGrowth on a year earlier
FY169.2%
FY175.8%
FY1884.1%
FY1933.4%
FY20−27.5%
FY2128.8%
FY225.6%
FY23−12.1%
FY24−4%
FY2539.7%
FY2611.8%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Jun 2026: ₹122 Cr (−10.6% on a year earlier)

  • Revenue (quarterly) ₹122
Jun 2026: ₹122 Cr (−10.6% on a year earlier)
QuarterRevenue (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%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023−43.7%
Dec 202379.9%
Mar 2024−7.3%
Jun 2024−5.2%
Sep 202467%
Dec 202458.1%
Mar 202543.7%
Jun 202574.4%
Sep 202537%
Dec 2025−12.2%
Mar 2026−13.1%
Jun 2026−10.6%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

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%
FY26: 19.0%, within a range of 5.0% to 39.0% over 13 years
QuarterOperating margin
FY1419%
FY1511%
FY1613%
FY177%
FY1831%
FY1939%
FY2023%
FY2122%
FY2216%
FY235%
FY248%
FY2525%
FY2619%

Change on the year before (points)

  • Change on the year before (points) −6.0 pts
Change on the year before (points)
QuarterChange 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
Operating margin each year, % (top). Below: change on the year before, in percentage points. 13-year window.

Jun 2026: operating margin 14.8% (−5.9 points on a year earlier)

  • Operating margin 14.83%
Jun 2026: operating margin 14.8% (−5.9 points on a year earlier)
QuarterOperating margin
Sep 2023−24.44%
Dec 202325.39%
Mar 20245.53%
Jun 20241.02%
Sep 202419.76%
Dec 202434.04%
Mar 202526.42%
Jun 202520.73%
Sep 202520.46%
Dec 202518.17%
Mar 202616.45%
Jun 202614.83%

Change on a year earlier (points)

  • Change on a year earlier (points) −5.9 pts
Change on a year earlier (points)
QuarterChange 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
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

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
FY26: operating cash ₹93.0 Cr against profit ₹70.0 Cr; 110% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree 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
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 11-year window, yearly figures. FY16 was an acquisition year, so its point is cut off at the edge.

FY26: operating cash was 133% of profit (110% over three years)

  • Operating cash as % of profit 133%
  • Break-even line 100%
FY26: operating cash was 133% of profit (110% over three years)
QuarterOperating cash as % of profitBreak-even line
FY16200%100%
FY17–100%
FY18128%100%
FY1977%100%
FY2057%100%
FY21147%100%
FY22287%100%
FY23–100%
FY24–100%
FY2554%100%
FY26133%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash.

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
FY26: a 221-day cash cycle, −117 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
FY14136d149d106d120d
FY15122d125d91d95d
FY16148d160d101d113d
FY17160d208d99d147d
FY18134d234d83d183d
FY19237d347d59d169d
FY20421d594d87d260d
FY21338d441d66d169d
FY22306d380d80d154d
FY23244d309d44d109d
FY24139d245d76d182d
FY25181d285d74d178d
FY26221d290d78d147d
Debtor days, inventory days, payable days and the full cash cycle, each year. 13-year window.

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
FY26: capex ₹12.0 Cr, work in progress ₹13.0 Cr, steady spending
QuarterCapexWork-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
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

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×
P/E 23.6× against a usual 17.6×: near the high end of its own history: higher than 73% of past readings
WeekP/EMedian
10 Mar 201640.5×17.6×
23 Mar 201639.5×17.6×
16 Feb 201842.1×17.6×
1 Mar 201846.5×17.6×
16 Mar 201841.1×17.6×
28 Mar 201840.0×17.6×
13 Apr 201843.9×17.6×
27 Apr 201842.4×17.6×
11 May 201852.5×17.6×
25 May 201818.2×17.6×
8 Jun 201819.7×17.6×
22 Jun 201826.2×17.6×
6 Jul 201822.9×17.6×
20 Jul 201824.9×17.6×
3 Aug 201824.5×17.6×
17 Aug 201814.9×17.6×
31 Aug 201814.0×17.6×
14 Sep 201814.4×17.6×
28 Sep 201813.3×17.6×
12 Oct 201812.8×17.6×
26 Oct 201812.6×17.6×
9 Nov 201815.5×17.6×
22 Nov 201811.0×17.6×
7 Dec 201810.8×17.6×
21 Dec 201811.0×17.6×
4 Jan 201911.2×17.6×
18 Jan 201911.2×17.6×
1 Feb 201910.4×17.6×
15 Feb 20198.10×17.6×
1 Mar 20198.10×17.6×
15 Mar 20197.90×17.6×
29 Mar 20198.30×17.6×
12 Apr 20197.90×17.6×
26 Apr 20197.30×17.6×
10 May 20197.20×17.6×
24 May 20195.10×17.6×
7 Jun 20197.40×17.6×
21 Jun 20196.50×17.6×
5 Jul 20196.30×17.6×
19 Jul 20195.90×17.6×
2 Aug 20195.20×17.6×
16 Aug 20197.20×17.6×
30 Aug 20198.20×17.6×
13 Sep 20197.60×17.6×
27 Sep 20197.60×17.6×
11 Oct 20197.70×17.6×
27 Oct 20196.00×17.6×
8 Nov 20196.00×17.6×
22 Nov 20195.70×17.6×
6 Dec 20195.30×17.6×
20 Dec 20195.90×17.6×
3 Jan 20208.00×17.6×
17 Jan 20207.50×17.6×
1 Feb 20207.30×17.6×
14 Feb 20208.40×17.6×
28 Feb 20207.40×17.6×
13 Mar 20206.50×17.6×
27 Mar 20205.90×17.6×
9 Apr 20207.80×17.6×
24 Apr 20207.70×17.6×
8 May 20207.50×17.6×
22 May 20207.70×17.6×
5 Jun 20207.70×17.6×
19 Jun 20209.20×17.6×
3 Jul 202013.0×17.6×
17 Jul 202013.9×17.6×
31 Jul 202014.9×17.6×
14 Aug 202017.4×17.6×
28 Aug 202019.4×17.6×
11 Sep 202021.5×17.6×
25 Sep 202018.0×17.6×
9 Oct 202017.6×17.6×
23 Oct 202016.8×17.6×
6 Nov 202015.1×17.6×
20 Nov 202023.3×17.6×
4 Dec 202023.1×17.6×
18 Dec 202023.3×17.6×
1 Jan 202122.9×17.6×
15 Jan 202121.6×17.6×
29 Jan 202121.2×17.6×
12 Feb 202119.7×17.6×
26 Feb 202119.8×17.6×
12 Mar 202120.6×17.6×
26 Mar 202118.1×17.6×
9 Apr 202119.3×17.6×
23 Apr 202122.9×17.6×
7 May 202122.7×17.6×
21 May 202122.1×17.6×
4 Jun 202123.1×17.6×
18 Jun 202123.3×17.6×
2 Jul 202120.8×17.6×
16 Jul 202120.0×17.6×
30 Jul 202120.3×17.6×
13 Aug 202121.0×17.6×
27 Aug 202119.4×17.6×
9 Sep 202118.8×17.6×
24 Sep 202118.7×17.6×
8 Oct 202121.1×17.6×
22 Oct 202121.3×17.6×
4 Nov 202120.8×17.6×
18 Nov 202124.8×17.6×
3 Dec 202126.4×17.6×
17 Dec 202124.8×17.6×
31 Dec 202125.9×17.6×
14 Jan 202226.5×17.6×
28 Jan 202226.0×17.6×
11 Feb 202225.1×17.6×
25 Feb 202247.6×17.6×
11 Mar 202245.2×17.6×
25 Mar 202242.4×17.6×
8 Apr 202246.7×17.6×
22 Apr 202245.4×17.6×
6 May 202240.8×17.6×
20 May 202238.0×17.6×
3 Jun 202241.1×17.6×
17 Jun 202236.9×17.6×
1 Jul 202236.2×17.6×
15 Jul 202236.1×17.6×
29 Jul 202236.4×17.6×
14 Nov 202452.8×17.6×
29 Nov 202452.8×17.6×
27 Dec 202452.8×17.6×
24 Jan 202552.8×17.6×
7 Feb 202552.8×17.6×
21 Feb 202522.2×17.6×
7 Mar 202523.4×17.6×
21 Mar 202522.9×17.6×
4 Apr 202523.5×17.6×
17 Apr 202522.8×17.6×
2 May 202521.2×17.6×
16 May 202525.1×17.6×
30 May 202511.9×17.6×
13 Jun 202512.9×17.6×
27 Jun 202512.4×17.6×
11 Jul 202514.7×17.6×
25 Jul 202513.6×17.6×
8 Aug 202512.3×17.6×
22 Aug 20259.50×17.6×
5 Sep 20259.40×17.6×
19 Sep 20259.50×17.6×
3 Oct 20259.20×17.6×
17 Oct 20257.40×17.6×
31 Oct 20257.80×17.6×
14 Nov 20257.70×17.6×
28 Nov 20257.50×17.6×
12 Dec 20259.00×17.6×
26 Dec 20259.40×17.6×
9 Jan 20268.70×17.6×
23 Jan 20268.20×17.6×
6 Feb 20268.70×17.6×
20 Feb 202610.8×17.6×
6 Mar 202610.8×17.6×
20 Mar 202611.7×17.6×
2 Apr 202611.2×17.6×
17 Apr 202610.4×17.6×
30 Apr 202610.4×17.6×
15 May 20269.80×17.6×
29 May 202613.0×17.6×
5 Jun 202614.8×17.6×
12 Jun 202614.9×17.6×
19 Jun 202614.9×17.6×
25 Jun 202616.1×17.6×
3 Jul 202615.2×17.6×
17 Jul 202619.0×17.6×
31 Jul 202623.4×17.6×
14 Aug 202624.2×17.6×
28 Aug 202627.4×17.6×
11 Sep 202625.5×17.6×
25 Sep 202625.2×17.6×
1 Oct 202629.6×17.6×
16 Oct 202626.2×17.6×
30 Oct 202622.4×17.6×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹19
Earnings per share, 12 months
WeekEarnings 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
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 11 years of history; short peaks above 53× are drawn at the top edge.
23.6×P/E · higher than 73% of its last 11 years
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

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%
Growth year by year: revenue +11.8% in FY26, profit −7.9%
QuarterRevenue growth
FY169.2%
FY175.8%
FY1884.1%
FY1933.4%
FY20−27.5%
FY2128.8%
FY225.6%
FY23−12.1%
FY24−4%
FY2539.7%
FY2611.8%

Profit growth, EPS growth

  • Profit growth −7.9%
  • EPS growth −6.6%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY16100%−300%
FY17−300%–
FY18––
FY19154.3%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%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue rolling over

  • Revenue −3.2%
Three growth lines over twelve quarters: revenue rolling over
QuarterRevenue
Sep 2023−21.6%
Dec 2023−0.2%
Mar 2024−4.9%
Jun 2024−3.5%
Sep 202423.4%
Dec 202424.4%
Mar 202539.9%
Jun 202559.2%
Sep 202552.3%
Dec 202527.3%
Mar 202611.9%
Jun 2026−3.2%

Profit, EPS

  • Profit −55.9%
  • EPS −42.9%
Profit, EPS
QuarterProfitEPS
Sep 2023––
Dec 2023––
Mar 2024––
Jun 2024−300%–
Sep 2024––
Dec 2024279.3%–
Mar 2025––
Jun 2025––
Sep 202562.1%300%
Dec 2025−68.3%144.8%
Mar 2026−44.2%−6.6%
Jun 2026−55.9%−42.9%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Where the 12-month history is short, the line uses single-quarter growth instead, which is noisier; extreme jumps from a tiny base are evened out before reading. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 22.2%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Sep 202410.6%
Dec 202418.4%
Mar 2025–
Jun 2025–
Sep 2025–
Dec 2025–
Mar 202625.5%
Jun 202622.2%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
FallingRevenue growth · latest −3.2%, range −21.6% to +59.2%
Steady highROCE · latest 22.2%, range 10.6% to 25.5%

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.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
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%
−10.6%Revenue growth (Jun 2026) · latest quarter against a year ago
−55.9%Profit growth (Jun 2026) · latest quarter against a year ago
12.9%Revenue, 10 years · yearly growth over the long run

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

The key numbers to watch, and the level that would change the picture
MeasureNowWhy it matters
Vitamin D3 Demand Recovery, Channel…HIGHPost-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 HIGHIndian patent granted Sep 2025 for proprietary plant-based D3 process; Rs 110 Cr capex for commercial scale production, goals…
Geographic Expansion, 60+ Country…MEDIUMRevenue mix well-diversified: India 40%, Europe 27%, North America 17%, Others 16% (FY25). Limited concentration, top customer…
Green Chemistry / Enzyme Revenue…MEDIUMGreen 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.

The numbersearly in a rise in resultsFY25-Q4 to FY26-Q3
The pricerising, above the 200-day averageFY25-Q4 to FY26-Q3
The whymultiple near its lowFY25-Q4 to FY26-Q3

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.

The whole page in one table. Each row links to its section.
SectionWhere it is nowThe one thing to watch next
Margin-24.44%Vitamin D3 Demand Recovery, Channel Inventory Normalisation
Revenue₹57 CrPlant-Based Vitamin D3 Patent + Rs 110 Cr Capex

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%
FY26: ROCE 21%, the climb back from FY23's 0%
QuarterROCEROIC (annual)Cost of capital
FY149%–12%
FY153%–12%
FY166%–12%
FY172%–12%
FY1831%–12%
FY1941%–12%
FY2012%–12%
FY2113%–12%
FY227%3.5%12%
FY230%−2%12%
FY243%0.7%12%
FY2523%21.7%12%
FY2621%13%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 13-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

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%
Q4 FY26: ROCE 17.8% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q2 FY24−4%–12%
Q3 FY24––12%
Q4 FY240.8%3.9%12%
Q1 FY25–1%12%
Q2 FY257.1%−1.6%12%
Q3 FY25–6.2%12%
Q4 FY2522.5%13.8%12%
Q1 FY26–21.5%12%
Q2 FY2629.7%27.3%12%
Q3 FY26–27.8%12%
Q4 FY2617.8%20.3%12%
Q1 FY27–13.3%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

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
FY26: debt ₹113 Cr, 0.28× equity
QuarterTotal debt
FY22₹239
FY23₹220
FY24₹139
FY25₹115
FY26₹113

Debt-to-equity

  • Debt-to-equity 0.28×
Debt-to-equity
QuarterDebt-to-equity
FY220.64×
FY230.70×
FY240.49×
FY250.32×
FY260.28×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt ₹113 Cr, debt-to-equity 0.28

  • Total debt (quarterly) ₹113
Jun 2026: debt ₹113 Cr, debt-to-equity 0.28
QuarterTotal 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×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.61×
Dec 20230.61×
Mar 20240.49×
Jun 20240.49×
Sep 20240.44×
Dec 20240.44×
Mar 20250.32×
Jun 20250.32×
Sep 20250.29×
Dec 20250.29×
Mar 20260.28×
Jun 20260.28×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

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%
Year ends: promoters +2.0 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Public
Mar 202462.06%0%36.05%
Mar 202564.08%0.02%35%
Mar 202664.08%0.02%33.32%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Promoters cut their stake by 1.9 points over 8 quarters

  • Promoters 60.12%
  • Foreign inst. 1.05%
  • Domestic inst. 0%
  • Public 36.43%
Promoters cut their stake by 1.9 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Dec 202362.06%0%0%36.05%
Mar 202462.06%0%0%36.05%
Jun 202462.06%0%0%36.11%
Sep 202462.06%0.05%0%36.41%
Dec 202462.06%0.02%0%36.98%
Mar 202564.08%0.02%0%35%
Jun 202564.08%0.02%0%35%
Sep 202564.08%0.02%0%34.75%
Dec 202564.08%0.02%0%33.99%
Mar 202664.08%0.02%0%33.32%
Jun 202664.08%0.13%0.04%33.19%
Aug 202664.09%0.37%0.04%32.95%
Sep 202660.12%1.05%0%36.43%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

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.

  1. 1Anuh Pharma LtdANUHPHR · breaking out · Evidence leans up · 100% evidence64.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  2. 2Senores Pharmaceuticals LtdSENORES · quiet · Evidence leans up · 75% evidence61.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  3. 3Innova Captab LtdINNOVACAP · leader · Evidence leans up · 96% evidence60.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  4. 4Beta Drugs LtdBETA · losing its lead · Evidence leans up · 67% evidence56.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  5. 5Ind-Swift Laboratories LtdINDSWFTLAB · leader · Evidence leans up · 82% evidence56.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  6. 6Wanbury LtdWANBURY · quiet · Evidence leans up · 81% evidence55.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  7. 7Gujarat Themis Biosyn LtdGUJTHEM · turning · Evidence leans up · 89% evidence55.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  8. 8Aarti Drugs LtdAARTIDRUGS · turning · Evidence leans up · 96% evidence50.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  9. 9Jagsonpal Pharmaceuticals LtdJAGSNPHARM · breaking out · Evidence leans down · 100% evidence46.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  10. 10Aarti Pharmalabs LtdAARTIPHARM · breaking out · Evidence leans down · 85% evidence44.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  11. 11Fermenta Biotech Ltd this pageFERMENTA · losing its lead · Evidence leans down · 64% evidence42.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & 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.
  12. 12Kopran LtdKOPRAN · breaking out · Evidence leans down · 81% evidence41.5out of 100GrowthCapitalValuationRelative
  13. 13Orchid Pharma LtdORCHPHARMA · losing its lead · Evidence leans down · 66% evidence37.8out of 100GrowthCapitalValuationRelative
  14. 14Themis Medicare LtdTHEMISMED · quiet · Most evidence points down · 71% evidence30.1out of 100GrowthCapitalValuationRelative

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

  1. Ind-Swift Laboratories Ltd ₹3,202 crore
  2. Beta Drugs Ltd ₹2,000 crore
  3. Jagsonpal Pharmaceuticals Ltd ₹1,427 crore
  4. Fermenta Biotech Ltd ₹1,229 crore
  5. Kopran Ltd ₹1,155 crore
  6. Anuh Pharma Ltd ₹875 crore
  7. Themis Medicare Ltd ₹873 crore

All 14 Pharma - API companies, largest first

Companies close in size in other industries

  1. Capacite Infraprojects Ltd ₹1,232 crore · Realty - Construction & Contracting
  2. Eimco Elecon (India) Ltd ₹1,231 crore · Capital Goods - Engineering Heavy
  3. Fermenta Biotech Ltd ₹1,229 crore
  4. Bharat Seats Ltd ₹1,228 crore · Auto Ancillaries - Seats
  5. 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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