Biocon Future Growth

Future criteria checks 2/6

Biocon is forecast to grow earnings and revenue by 8.7% and 13.1% per annum respectively. EPS is expected to grow by 9% per annum. Return on equity is forecast to be 6.9% in 3 years.

Key information

8.7%

Earnings growth rate

9.0%

EPS growth rate

Biotechs earnings growth	37.1%
Revenue growth rate	13.1%
Future return on equity	6.9%
Analyst coverage	Good
Last updated	19 Apr 2024

Recent future growth updates

Biocon Limited Just Beat EPS By 240%: Here's What Analysts Think Will Happen Next

Feb 12

Recent updates

Is Now The Time To Put Biocon (NSE:BIOCON) On Your Watchlist?

Mar 20

Biocon Limited Just Beat EPS By 240%: Here's What Analysts Think Will Happen Next

Feb 12

Biocon Limited's (NSE:BIOCON) Intrinsic Value Is Potentially 18% Below Its Share Price

Jan 23

Biocon Limited (NSE:BIOCON) Shares Could Be 24% Above Their Intrinsic Value Estimate

Dec 17

Is There An Opportunity With Biocon Limited's (NSE:BIOCON) 46% Undervaluation?

Sep 05

Is Biocon (NSE:BIOCON) Using Too Much Debt?

Jul 13

Biocon Limited (NSE:BIOCON) Shares Could Be 20% Below Their Intrinsic Value Estimate

May 26

Is Biocon (NSE:BIOCON) Using Too Much Debt?

Mar 28

Biocon (NSE:BIOCON) Seems To Use Debt Quite Sensibly

Dec 27

Estimating The Intrinsic Value Of Biocon Limited (NSE:BIOCON)

Nov 25

Earnings and Revenue Growth Forecasts

NSEI:BIOCON - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	224,706	13,460	19,875	N/A	2
3/31/2026	195,031	14,089	17,481	N/A	14
3/31/2025	165,808	9,296	13,943	N/A	17
3/31/2024	145,005	9,492	15,765	N/A	16
12/31/2023	146,125	12,002	N/A	N/A	N/A
9/30/2023	135,999	4,984	-6,241	11,717	N/A
6/30/2023	124,573	4,197	N/A	N/A	N/A
3/31/2023	111,742	4,627	1,262	18,525	N/A
12/31/2022	98,091	3,881	N/A	N/A	N/A
9/30/2022	90,422	6,170	-6,836	11,543	N/A
6/30/2022	85,629	7,084	N/A	N/A	N/A
3/31/2022	81,840	6,484	-7,482	11,766	N/A
12/31/2021	75,800	6,727	N/A	N/A	N/A
9/30/2021	72,632	6,542	-6,366	12,763	N/A
6/30/2021	71,726	6,852	N/A	N/A	N/A
3/31/2021	71,431	7,405	-5,866	11,597	N/A
12/31/2020	68,913	5,996	N/A	N/A	N/A
9/30/2020	67,571	6,362	-6,576	10,484	N/A
6/30/2020	65,796	6,870	N/A	N/A	N/A
3/31/2020	63,005	7,771	-5,534	12,831	N/A
12/31/2019	63,150	8,385	N/A	N/A	N/A
9/30/2019	61,077	8,529	-3,416	14,573	N/A
6/30/2019	58,565	9,919	N/A	N/A	N/A
3/31/2019	55,144	9,053	-3,374	11,546	N/A
12/31/2018	51,551	8,220	N/A	N/A	N/A
9/30/2018	46,722	6,967	N/A	N/A	N/A
6/30/2018	43,198	4,108	N/A	N/A	N/A
3/31/2018	41,234	3,724	-2,544	6,621	N/A
12/31/2017	38,792	3,695	N/A	N/A	N/A
9/30/2017	38,589	4,489	N/A	N/A	N/A
6/30/2017	38,361	5,268	N/A	N/A	N/A
3/31/2017	38,911	6,121	N/A	6,400	N/A
12/31/2016	40,487	11,633	N/A	N/A	N/A
9/30/2016	38,110	10,961	N/A	N/A	N/A
6/30/2016	36,539	9,388	N/A	N/A	N/A
3/31/2016	33,474	5,504	N/A	3,706	N/A
12/31/2015	32,997	7,367	N/A	N/A	N/A
9/30/2015	32,325	7,247	N/A	N/A	N/A
6/30/2015	31,528	5,207	N/A	N/A	N/A
3/31/2015	30,898	4,974	N/A	2,107	N/A
12/31/2014	29,807	4,091	N/A	N/A	N/A
9/30/2014	29,168	4,231	N/A	N/A	N/A
6/30/2014	29,014	4,232	N/A	N/A	N/A
3/31/2014	28,773	4,138	N/A	5,607	N/A
12/31/2013	28,180	5,493	N/A	N/A	N/A
9/30/2013	27,510	5,361	N/A	N/A	N/A
6/30/2013	26,083	5,229	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BIOCON's forecast earnings growth (8.7% per year) is above the savings rate (6.7%).

Earnings vs Market: BIOCON's earnings (8.7% per year) are forecast to grow slower than the Indian market (17.6% per year).

High Growth Earnings: BIOCON's earnings are forecast to grow, but not significantly.

Revenue vs Market: BIOCON's revenue (13.1% per year) is forecast to grow faster than the Indian market (10% per year).

High Growth Revenue: BIOCON's revenue (13.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BIOCON's Return on Equity is forecast to be low in 3 years time (6.9%).

Biocon Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Biocon Limited Just Beat EPS By 240%: Here's What Analysts Think Will Happen Next

Consensus EPS estimates fall by 16%

Consensus EPS estimates increase by 12%

Consensus EPS estimates fall by 17%

Price target decreased by 7.4% to ₹316

Consensus forecasts updated

Recent updates

Insider recently sold ₹5.3m worth of stock

Is Now The Time To Put Biocon (NSE:BIOCON) On Your Watchlist?

Biocon Limited Accepts Resignation of Indranil Sen as Chief Financial Officer

Insider recently sold ₹3.3m worth of stock

Insider recently sold ₹1.1m worth of stock

Biocon Limited Just Beat EPS By 240%: Here's What Analysts Think Will Happen Next

Biocon Limited Announces Nehal Vora Resigns as Commercial Head, Effective March 31, 2024

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Biocon Limited's (NSE:BIOCON) Intrinsic Value Is Potentially 18% Below Its Share Price

Investor sentiment improves as stock rises 17%

Shareholders Should Be Pleased With Biocon Limited's (NSE:BIOCON) Price

Insider recently sold ₹1.8m worth of stock

Biocon Limited Announces the Resignation of Prasad Deshpande as Head SCM and Central Engineering, Senior Management Personnel, Effective January 16, 2024

Biocon Limited Appoints Nicholas Robert Haggar as an Independent Director

These 4 Measures Indicate That Biocon (NSE:BIOCON) Is Using Debt Extensively

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Biocon Limited Announces Management Changes

Insider recently sold ₹13m worth of stock

Group Chief Information Officer recently sold ₹3.2m worth of stock

Biocon Limited Appoints Peter Bains as Biocon Group Chief Executive Officer

Insider recently sold ₹1.6m worth of stock

Consensus EPS estimates fall by 16%

Biocon Limited Approves Appointment of Ms. Rekha Mehrotra Menon as an Independent Director

Estimating The Intrinsic Value Of Biocon Limited (NSE:BIOCON)

Biocon Limited Announces Cessation of Vijay Kumar Kuchroo as a Director

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

New minor risk - Insider selling

Biocon (NSE:BIOCON) Will Pay A Larger Dividend Than Last Year At ₹1.50

Is Biocon (NSE:BIOCON) Using Too Much Debt?

Upcoming dividend of ₹1.50 per share at 0.6% yield

Insider recently sold ₹5.3m worth of stock

Biocon's (NSE:BIOCON) Dividend Will Be Increased To ₹1.50

Biocon Limited, Annual General Meeting, Aug 11, 2023

Biocon Limited Recommends Final Dividend for the Financial Year Ended March 31, 2023, Payable on or Before September 8, 2023

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates increase by 12%

Insider recently sold ₹2.3m worth of stock

Estimating The Fair Value Of Biocon Limited (NSE:BIOCON)

Insider recently sold ₹1.1m worth of stock

Here's Why Biocon (NSE:BIOCON) Can Manage Its Debt Responsibly

Consensus EPS estimates fall by 17%

Price target decreased by 7.4% to ₹316

Biocon Plans to Sell Stake in Biologics Arm to Pare Debt

Third quarter 2023 earnings released: ₹0.35 loss per share (vs ₹1.57 profit in 3Q 2022)

Biocon Limited to Report Q2, 2024 Results on Nov 06, 2023

Consensus forecasts updated

Biocon Limited to Report Q3, 2023 Results on Feb 14, 2023

Insider recently sold ₹13m worth of stock

Insider recently sold ₹40m worth of stock

Biocon Limited in Collaboration with Equillium, Inc. Initiate Phase 2 Clinical Study of Itolizumab in Patients with Ulcerative Colitis

Biocon Limited (NSE:BIOCON) Shares Could Be 24% Above Their Intrinsic Value Estimate

Insider recently sold ₹4.2m worth of stock

Consensus forecasts updated

Biocon Limited Announces Board Changes

Second quarter 2023 earnings released: EPS: ₹0.39 (vs ₹1.16 in 2Q 2022)

Biocon Limited to Report Q2, 2023 Results on Nov 14, 2022

Insider recently sold ₹4.1m worth of stock

Is There An Opportunity With Biocon Limited's (NSE:BIOCON) 46% Undervaluation?

Insider recently sold ₹3.8m worth of stock

Price target decreased to ₹379

Consensus EPS estimates fall by 16%

Biocon Limited Announces Directors Resignation

Is Biocon (NSE:BIOCON) Using Too Much Debt?

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Biocon Limited to Report Q3, 2023 Results on Jan 24, 2023

Biocon Limited to Report Q1, 2023 Results on Jul 27, 2022

Biocon Limited (NSEI:BIOCON) agreed to acquire 26% stake in AMPYR Renewable Energy Resources Eleven Private Limited for INR 75 million.

Upcoming dividend of ₹0.50 per share

Biocon Limited (NSE:BIOCON) Shares Could Be 20% Below Their Intrinsic Value Estimate