FDC Ltd shares jump 1.54% as company announces buyback of shares
Why did FDC Ltd shares jump today?
FDC Ltd shares rose 1.54% to ₹382.45 on Thursday, with the movement seen around 01:32 PM, after the company announced its share buyback plan through a public newspaper advertisement. The pharmaceutical company informed the BSE and NSE that it has published a Public Announcement dated October 28, 2026, in leading newspapers including Business Standard (English and Hindi, all editions) and Navshakti (Marathi, Mumbai edition) on October 29, 2026.
Under the buyback offer, FDC Ltd proposes to buy back up to 24,00,000 (twenty-four lakh) fully paid-up equity shares of face value ₹1 each through a tender offer via the stock exchange mechanism. The company will purchase these shares at a buyback price of ₹500 per share, translating to an aggregate buyback size of up to ₹120.00 crore. This buyback price of ₹500 is significantly higher than the current market price of ₹382.45, which has likely attracted investor interest and driven the share price higher, as shareholders see a potential opportunity to tender their shares at a premium through the buyback route.
The board meeting outcome on October 27, 2026, had already set the stage for this development, and the publication of the public announcement confirms the company's commitment to returning value to shareholders. The buyback is expected to be completed through the standard tender offer mechanism on the stock exchanges. Investors and shareholders can find further details on the company's official website at www.fdcindia.com.
What does FDC Ltd do?
FDC Limited is a publicly listed company on both the BSE Limited (Scrip Code: 531599) and the National Stock Exchange of India Limited (Symbol: FDC), with its equity shares having a face value of ₹1 each. The company has taken a decision at the Board Meeting level to offer to buyback up to 24,00,000 (Twenty-Four Lakh) fully paid-up equity shares through a Tender Offer via the stock exchange mechanism. The buyback price has been set at ₹500 per equity share, for an aggregate amount of up to ₹120.00 Crore. This corporate action was publicly announced through newspaper advertisements published on October 29, 2026.
FDC Limited carries out significant corporate and capital market activities as a stock-exchange-listed entity, managing shareholder transactions and corporate events through formal regulatory channels including BSE Limited and the National Stock Exchange of India. The company has also engaged in transparent public communication, issuing its Public Announcement regarding the buyback in nationally distributed publications such as Business Standard (English and Hindi) across all editions, demonstrating its commitment to broad shareholder awareness and regulatory compliance.
FDC Ltd Financials
In CroresFDC Ltd recorded a revenue of ₹667.69 crores in the quarter ended June 2026, which declined to ₹572.14 crores in the quarter ended September 2026, reflecting a sequential drop of approximately 14.3%. Profitability followed a steeper downward trajectory, with the company reporting a net profit of ₹132.49 crores in the June 2026 quarter versus ₹49.06 crores in the September 2026 quarter, representing a sharp sequential decline of roughly 63%. The significantly larger drop in profit relative to the revenue decline suggests that margins contracted during the September 2026 quarter, possibly due to higher operating costs, lower pricing power, or an adverse product mix. Overall, both top-line and bottom-line performance show a clear declining trend between these two sequential quarters.
FDC Ltd Shareholding Pattern
Promoter holding stands at 69.65% of the total share capital. Foreign Institutional Investors (FIIs) hold 1.57% stake in the company, while Domestic Institutional Investors (DIIs) hold 6.59%. Public shareholders hold the remaining 22.17% stake in FDC Ltd.
FDC Ltd FAQs
Q: Why did FDC shares jump 1.54% today?
Newspaper advertisement in respect of the Buyback of Shares. This corporate action caught investor attention, leading to increased trading activity in the stock.
Q: What is the shareholding pattern of FDC Ltd?
As per the latest data, promoters hold 69.65% stake in FDC Ltd, while FII holding stands at 1.57%. Domestic institutional investors hold 6.59%, and public shareholders account for 22.17% of the equity.
Q: What is the current stock price of FDC Ltd?
FDC Ltd shares are currently trading at ₹382.45, recording a gain of 1.54% from the previous close.
Q: What is the market capitalization of FDC Ltd?
The company currently has a market capitalization of ₹6226.67 crore, reflecting its valuation in the Indian equity market.