Is Biocon financially healthy?
Not really
Biocon carries heavy debt: it would take 3.8 years of earnings to pay it off.
The numbers behind it
Net debt / EBITDA3.8 years
Cash vs. debt₹24.2B vs. ₹154.3B
Current ratio1.2×Short-term assets for each ₹1 of bills due within a year
Interest coverage1.5×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Biocon
Data as of Nov 13, 2026.