Glenmark Pharmaceuticals Limited, Fundamental analysis

Glenmark Pharmaceuticals Limited - Technical chart

consolidated in Rs/Cr.

Industry Industry name	Pharmaceuticals
Variance Full Year Net Profit Variance	124
Equity Latest Equity	28.22
Face Value Latest Face Value	1
Reserves Total Reserve	10483.89
Dividend Full Year Dividend %	250
Sales Turnover Full Year Net Sales	16711.4
Net Profit Full Year Net Profit	2951.45
Full Year CPS Full Year Cash Per Share	124.9
Earning Per Share Full Year Earning Per Share	104.6
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Mar 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	3760.28
Previous EPS Previous earnings per share	0
Book Value Book value	372.5
Networth Full Year Return on Networth	15.79
Price/Book Value Price to Book value	6.142282
Yearly PE ratio Full Year Price to Earning per share	21.9
Yearly PC ratio Full Year Price to Cash Per Share	18.3
Bse value BSE Value in lakhs	1027.22
Nse value NSE Value in lakhs	3621.06
High 52 week high	2471
Low 52 week low	1794
Price NSE Current market price	2287
CPM Current market price	2288

Market cap BSE / NSE Market Cap	64556.26
Net profit Latest Quarter Net Profit	562.54
Net profit variance Latest Quarter Net Profit variance	52
Result year Trailing latest month	Mar 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	12100.1
TTM OP Trailing Twelve 12 month Operating Profit	3228.4
TTM OPM Trailing Twelve 12 month Operating Profit Margin	26.68
TTM GP Trailing Twelve 12 month Gross Profit	2558.23
TTM GPM Trailing Twelve 12 month Gross Profit Margin	15.31
TTM NP Trailing Twelve 12 month Net Profit	-1984.13
TTM NPV Trailing Twelve 12 month Net Profit Variane	123.93
TTM EPS Trailing Twelve 12 month EPS	104.59
TTM PE Trailing Twelve 12 month PE	21.87
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	536.48
Equity Latest Equity	28.22
LTP Latest Price (BSE/NSE)	2288
Gross block Latest Gross Block	10364.92
Loans Total loans	2173.85
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	27.4
Year GPM Full Year Gross Profit Margin	28.9
Quarter OPM Latest quater Operation Profit Margin	20.3

Quarterly Results (consolidated, figures in Rs Cr.)

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
+ Sales	3,223	3,401	3,302	3,220	3,059	6,004	3,888	3,760
YOY Sales Growth %	7%	8%	34%	7%	-5%	77%	18%	17%
Gross Sales	3,223	3,401	3,302	3,220	3,059	6,004	3,888	3,760
Other Operating Income	21	33	86	36	205	43	13	10
+ Expenses	2,635	2,799	2,702	3,032	2,802	5,029	3,203	3,371
Material Cost %	19%	27%	25%	26%	34%	13%	26%	20%
Raw Material Cost	686	774	746	795	732	723	775	731
Change in Inventory	-64	147	80	51	298	78	229	5
Manufacturing Cost %	26%	29%	28%	39%	40%	45%	28%	35%
Employee Cost %	22%	23%	24%	23%	25%	18%	22%	24%
Other Cost %	15%	3%	5%	6%	-7%	7%	7%	11%
Raw Materials %	21%	23%	23%	25%	24%	12%	20%	19%
Purchase of Finished Goods %	11%	13%	13%	11%	19%	10%	19%	12%
Stock Adjustments %	2%	-4%	-2%	-2%	-10%	-1%	-6%	-0%
Other Manufacturing Expenses %	26%	29%	28%	39%	40%	45%	28%	35%
Operating Profit	588	602	600	188	257	974	685	389
OPM %	18%	18%	18%	6%	8%	16%	18%	10%
+ Other Income	31	39	31	12	26	201	44	189
Miscellaneous Income	31	39	31	12	26	201	44	189
Interest	40	48	52	67	58	66	41	43
Depreciation	118	120	123	125	130	141	154	148
Profit before tax	462	473	456	8	96	967	534	388
+ Tax %	26%	25%	24%	45%	51%	37%	24%	22%
Current Tax	147	136	103	-4	109	460	137	-30
Deferred Tax	-25	-18	5	7	-61	-103	-7	117
+ Net Profit	340	354	348	4	47	610	403	301
Extraordinary Income / Expense	0	0	0	-373	-323	-1,385	-184	-373
Exceptional Item	0	0	0	-373	-323	-1,385	-184	-373
Minority Interest (After Tax)	0	0	0	0	0	0	0	0
Net Profit After Minority Interest	340	354	348	5	47	610	403	301
EPS in Rs	12.06	12.55	12.33	0.16	1.66	21.63	14.29	10.68

Profit & Loss (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Sales	7,650	9,186	9,103	9,865	10,641	10,944	12,305	11,583	11,813	13,322
Sales Growth %		20%	-1%	8%	8%	3%	12%	-6%	2%	13%
Gross Sales	7,450	8,970	8,972	9,705	10,397	10,806	12,174	11,724	11,635	13,146
Excise Duty	88	106	29	0	0	0	0	0	0	0
Other Operating Income	192	216	131	160	244	138	131	172	178	176
+ Expenses	6,212	7,230	7,488	8,280	8,943	8,860	10,246	10,773	11,654	11,343
Material Cost %	30%	28%	33%	34%	35%	33%	36%	37%	37%	33%
Raw Material Cost	2,443	3,074	2,905	3,421	3,571	3,809	4,396	4,498	4,609	4,567
Change in Inventory	-140	-460	134	-59	128	-189	-11	-241	-196	-214
Manufacturing Cost %	7%	7%	8%	8%	7%	7%	7%	6%	7%	6%
Employee Cost %	18%	18%	21%	21%	21%	21%	20%	22%	24%	23%
Other Cost %	26%	26%	21%	21%	21%	19%	20%	28%	30%	24%
Raw Materials %	32%	33%	32%	35%	34%	35%	36%	39%	39%	34%
Purchase of Finished Goods %	7%	8%	8%	10%	10%	7%	9%	11%	12%	12%
Stock Adjustments %	2%	5%	-1%	1%	-1%	2%	0%	2%	2%	2%
Power & Fuel %	2%	1%	2%	2%	2%	2%	2%	1%	1%	1%
Other Manufacturing Expenses %	6%	5%	6%	7%	6%	6%	6%	5%	6%	5%
Selling & Administration %	18%	17%	17%	18%	16%	13%	13%	15%	14%	15%
Miscellaneous Expenses %	6%	7%	3%	3%	5%	6%	8%	12%	14%	9%
Operating Profit	1,437	1,956	1,615	1,586	1,698	2,084	2,059	810	159	1,979
OPM %	19%	21%	18%	16%	16%	19%	17%	7%	1%	15%
+ Other Income	20	37	91	375	192	95	167	756	1,237	114
Miscellaneous Income	20	37	91	375	192	95	167	583	1,102	114
Exceptional Income	0	0	0	167	33	45	0	285	262	0
Interest	179	237	286	335	377	353	298	349	516	207
Depreciation	234	264	302	326	417	444	487	569	582	486
Profit before tax	1,044	1,491	1,119	1,301	1,096	1,382	1,441	637	298	1,399
+ Tax %	29%	26%	28%	29%	29%	30%	31%	52%	626%	25%
Current Tax	511	619	326	477	396	498	547	416	1,116	382
Deferred Tax	-211	-236	-10	-101	-76	-86	-99	-87	752	-30
+ Net Profit	744	1,111	804	925	776	970	994	377	-1,434	1,047
Profit Growth %		49%	-28%	15%	-16%	25%	2%	-62%	-480%	-173%
Extraordinary Income / Expense	0	-81	0	167	33	45	-261	-515	-639	-373
Exceptional Item	0	-81	0	167	33	45	-261	-766	-901	-373
Minority Interest (After Tax)	0	0	0	0	0	0	-52	-80	-68	0
Net Profit After Minority Interest	743	1,109	804	925	776	970	942	297	-1,502	1,047
EPS in Rs	26.33	39.29	28.49	32.78	27.50	34.38	35.21	13.37	-50.80	37.11

Balance Sheet (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	28	28	28	28	28	28	28	28	28	28
Reserves	3,601	4,464	5,135	5,577	6,042	7,036	9,058	9,446	7,820	8,821
+ Borrowings	3,988	4,724	4,639	4,449	4,869	4,986	3,962	4,608	1,231	2,473
Secured Borrowings	16	3	20	6	0	0	0	0	157	299
Unsecured Borrowings	3,973	4,721	4,620	4,443	4,869	4,986	3,962	4,608	1,074	2,174
+ Other Liabilities	2,575	2,548	2,793	3,235	3,729	3,524	4,003	5,289	5,279	4,669
Current Liabilities	2,709	2,757	3,199	3,525	3,632	3,674	3,814	4,527	5,122	4,509
Provisions	134	263	432	484	556	564	585	591	932	624
Minority Interest	0	0	0	0	0	0	351	365	0	0
Other liability items	77	33	3	89	429	197	153	398	541	476
Total Liabilities	10,193	11,764	12,595	13,289	14,668	15,575	17,052	19,371	14,358	15,991
+ Fixed Assets	2,594	2,755	3,030	3,670	5,029	5,129	5,887	5,422	4,210	4,487
Gross Block	4,301	4,770	5,368	6,527	8,270	8,732	10,213	10,360	9,620	10,365
Accumulated Depreciation	1,707	2,015	2,338	2,857	3,241	3,603	4,326	4,938	5,409	5,878
CWIP	543	708	1,122	1,399	1,222	1,382	1,010	1,190	662	835
Investments	17	16	15	30	25	25	50	45	790	56
+ Other Assets	7,039	8,285	8,429	8,190	8,393	9,040	10,105	12,715	8,697	10,613
Inventories	1,568	2,139	2,031	2,252	2,136	2,277	2,500	2,374	2,513	3,029
Trade receivables	2,493	2,404	2,332	2,195	2,409	2,572	3,101	3,665	1,858	3,342
Cash Equivalents	857	1,058	1,235	938	1,111	1,139	1,412	1,160	1,659	1,705
Loans n Advances	2,262	2,827	3,120	3,074	2,919	3,224	3,239	5,332	2,830	2,601
Other asset items	-140	-143	-288	-269	-181	-172	-147	184	-164	-64
Total Assets	10,193	11,764	12,595	13,289	14,668	15,575	17,052	19,371	14,358	15,991

Cash Flow (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Cash from Operating Activity	345	657	1,648	1,324	1,392	1,131	1,109	625	-265	-828
Profit from Operations	1,435	2,218	1,691	1,630	1,732	2,027	2,228	2,340	1,579	2,381
Working Capital Changes	-612	-862	309	136	127	-386	-561	-1,074	-797	-2,529
Profit Before Tax & Extraordinary Items	1,044	1,491	1,119	1,301	1,096	1,382	1,441	868	569	1,399
Depreciation	234	345	302	326	417	444	487	611	631	486
Interest (Net)	171	219	277	332	373	350	289	327	500	163
Dividend Received	-1	-1	-1	-1	-1	0	0	0	0	0
Profit / Loss on Sale of Assets	1	-2	2	-1	1	0	6	-6	-1	3
Profit / Loss on Sale of Investments	0	0	0	0	0	0	-15	0	-7	-2
Provisions & Write-offs (Net)	31	24	61	39	60	56	62	54	68	38
Profit / Loss in Forex	-45	140	-78	-184	-184	-167	-227	-286	-343	-69
Receivables	99	17	103	44	-293	-118	-549	-849	970	-1,420
Inventories	-434	-614	135	-429	97	-134	-203	-375	-514	-451
Trade Payables	-25	28	201	449	153	160	85	166	-734	-814
Direct Taxes Paid	-478	-699	-352	-443	-467	-510	-558	-641	-1,047	-680
+ Cash from Investing Activity	-950	-1,001	-1,003	-883	-774	-662	-316	-515	4,387	58
Purchase of Fixed Assets	-890	-749	-1,045	-1,239	-932	-775	-790	-608	-898	-750
Sale of Fixed Assets	2	15	22	627	156	99	2	57	2	2
Purchase of Investments	0	0	0	-15	0	0	-40	-6	0	-12
Sale of Investments	0	0	0	0	5	0	460	5	7	2
Interest Received	8	18	9	3	4	3	9	23	17	42
Dividend Received	1	1	1	1	1	0	0	0	0	0
Others	-70	-287	11	-259	-7	11	43	13	-191	27
+ Cash from Financing Activity	699	543	-469	-739	-445	-442	-520	-77	-3,906	787
Proceeds from Issue of Shares	935	0	0	0	0	0	1,012	0	1	0
Proceeds from Other Long-Term Borrowings	898	3,496	580	670	722	1,644	2,130	1,163	0	507
Proceeds from Short-Term Borrowings	452	0	102	12	123	86	0	0	481	834
Redemption of Debentures	0	0	0	0	0	0	-57	-153	0	0
Repayment of Long-Term Borrowings	-1,340	-2,096	-869	-1,051	-838	-1,711	-3,019	-513	-3,649	-141
Repayment of Short-Term Borrowings	0	-606	0	0	0	0	-142	-20	0	0
Repayment of Financial Liabilities	0	0	0	0	-82	-97	-101	-107	-104	-122
Dividend Paid	-68	-68	-68	-68	-69	-70	-93	-137	-118	-70
Interest Paid	-180	-184	-213	-270	-301	-294	-251	-312	-517	-191
Others	0	0	0	-32	0	0	0	0	0	-30
Net Cash Flow	93	199	177	-297	174	28	272	33	215	17