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FDC Limited (FDC) Fair Value & Analysis

Healthcare · IN · Market cap ₹66.4B

FL FDC Limited FDC · NSE
Price₹408.30
Fair Value₹241.93
Upside-40.7%
Quality97/100
Evidence: High Range ₹143.95 – ₹374.13

Fair value as of: Jun 29, 2026

From 26 valuation models · updated yesterday

Share price +4.4% over the past month.

Price vs Fair Value (12 months)

₹488.73 ₹310.52 Fair Value ₹241.93 Jun 2025 Jun 2026

12‑month range ₹310.52 – ₹488.73 · fair‑value band ₹143.95 – ₹374.13 · the ₹408.30 price screens above the ₹241.93 fair value. As of Jun 29, 2026.

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Analysis

FDC Limited (FDC) currently trades at ₹408.30, while our model-based Fair Value estimate is ₹241.93 — implying the stock looks roughly 40.7% overvalued today. We read business quality at 97/100 (high quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, FDC Limited generated revenue of ₹21.7B at a net margin of 13.0%. Revenue grew 18.9% year over year. It earns a return on equity of 11.8%. The balance sheet holds a net cash position of ₹345M. Fundamentals as of Jun 29, 2026

Key figures & financial health

Revenue (TTM) ₹21.7B
Revenue growth (YoY) +18.9%
Net margin 13.0%
Return on equity 11.8%
Free cash flow ₹623M FY2026
P/E ratio 23.6
More key figures
Operating margin 15.7%
EPS (TTM) ₹17.27
Dividend yield 1.2%
EPS growth (YoY) +167%
Net cash ₹345M FY2026

Figures from reported company fundamentals (EODHD) · as of Jun 29, 2026. TTM = trailing twelve months.

About the company

FDC Limited, together with its subsidiaries, manufactures and trades in pharmaceutical products in India, the United States, and internationally. The company offers pharmaceutical formulations for various therapeutic segments, including anti-infectives, gastrointestinal, ophthalmology, vitamins, minerals, dietary supplements, cardiovascular and anti-diabetic therapies, respiratory care, gynaecology, dermatology, and analgesics in the form of tablets, capsules, oral liquids, ophthalmic drops, topical preparations, and paediatric-friendly solutions. It also provides functional food, such as flavoured ORS powders, ready-to-drink electrolyte beverages, vitamin-enriched supplements, antioxidant blends and protein-fortified drinks; and various active pharmaceutical ingredients. The company sells its products under the Zifi, Zefu, Zocon, Amodep-AT, Zathrin, Vitcofol, Ziglim, Ziglim-M,Mycoderm, Zoxan, Cotaryl, Pyrimon DF, Zipod, Electral, and Enerzal brands. It also exports its products to …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

FDC Limited reported revenue of ₹21.7B in FY2026 versus ₹15.3B in FY2022, a compound +9.2%/yr. Reported net income was ₹2.8B in FY2026, compounding +6.8%/yr from FY2022.

Revenue +9.2%/yr
FY22 ₹15.3B
FY23 ₹17.8B
FY24 ₹19.4B
FY25 ₹21.1B
FY26 ₹21.7B
Net income +6.8%/yr
FY22 ₹2.2B
FY23 ₹1.9B
FY24 ₹3.1B
FY25 ₹2.7B
FY26 ₹2.8B

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Similar stocks

6 more Drug Manufacturers - Specialty & Generic stocks, each showing price versus our Fair Value estimate (as of Jun 29, 2026).

Stock Price Fair Value vs Fair Value
Jiangsu Hengrui Pharmaceuticals Co 600276 ¥47.08 ¥26.59 -44%
Sun Pharmaceutical Industries Limited SUNPHARMA ₹1,786 ₹991.46 -44%
Zoetis Inc Z1TS34 R$24.45 R$6.33 -74%
Hansoh Pharmaceutical Group 3692 HK$29.30 HK$23.90 -18%
Divi's Laboratories Limited DIVISLAB ₹6,639 ₹1,281 -81%
Swedish Orphan Biovitrum AB SOBI kr 446.60 kr 234.19 -48%

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Frequently asked questions

Is FDC Limited (FDC) undervalued?
As of Jun 29, 2026, our model estimates a fair value of ₹241.93 versus a price of ₹408.30 — about −41% (overvalued). Model-based estimate, not financial advice.
What is the fair value of FDC?
Our 21-model fair value for FDC Limited is ₹241.93 (as of Jun 29, 2026), built from audited fundamentals. The current price is ₹408.30.
What is the quality score of FDC?
FDC Limited has a Quality Score of 97/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of FDC Limited (FDC)?
FDC Limited reported trailing-twelve-month revenue of about ₹21.7B (latest available figure, as of Jun 29, 2026).
What is the net profit margin of FDC?
The net profit margin of FDC Limited is about 13.0%, meaning it keeps roughly 13.0% of revenue as net income. Based on the latest reported figures.
Does FDC Limited pay a dividend?
FDC Limited currently shows a dividend yield of about 1.22% relative to its recent price (as of Jun 29, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.