Biocon share price jumped over 4% to a fresh 52-week high on Thursday after reports stated that the company was evaluating an internal merger of its biosimilars arm, Biocon Biologics, with the parent entity. Biocon shares rallied as much as 4.01% to a new high of ₹422.65 apiece on the BSE.
According to a report by The Economic Times, is in advanced discussions to restructure its wholly owned subsidiary Biocon Biologics, and is reviewing an initial public offering (IPO) and share swap with minority investors.
The move is part of the company’s broader efforts to unlock shareholder value and reduce acquisition-related debt. Earlier, ET reported that the Bicon was exploring multiple strategic options, including a share swap, an , or a combination of cash and share swap mechanisms.
The potential merger values Biocon Biologics at around $4.5 billion. As of March 31, Biocon holds a 90.2% stake in the biosimilars unit, while Serum Institute of Life Sciences is the largest external shareholder with a 5.97% stake.
Biocon Q2 Results 2025
Biocon reported a consolidated net profit of ₹84.5 crore during the second quarter of FY26 as compared with a net loss of ₹16 crore in the same quarter last fiscal year, driven by growth in Biosimilars, improved momentum in Generics, and a steady contribution from the CRDMO segment.
The company’s consolidated revenue from operations in Q2FY26 grew 19.6% to ₹4,295.5 crore from ₹3,590.4 crore, year-on-year (YoY).
The company’s EBITDA during the September quarter increased 29% to ₹928 crore, while EBITDA margin was at 21%.
“The Generics business continued its steady performance in Q2 with a growth of 24% driven primarily by an uptick in recently launched products in the US and EU, as well as growth in the generic formulations base business, and the API business,” Biocon said.
Biocon Share Price Performance
Biocon share price has rallied over 20% in one month and has gained 17% in three months. The stock has surged 28% in six months, and has risen 14% on a year-to-date (YTD) basis. Biocon shares have jumped 85% in the past two years and have delivered 50% returns in three years.
At 12:20 PM, Biocon share price was trading 3.83% higher at ₹421.90 apiece on the .
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