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Glenmark Pharmaceuticals Limited GLENMARK NIFTY_MIDNSEPHARMA

Healthcare · Drug Manufacturers - Specialty & Generic · India
https://glenmarkpharma.com

Glenmark Pharmaceuticals Limited, together with its subsidiaries, develops, manufactures, and sells generics, specialty medicines, and over the counter (OTC) pharmaceutical products in India, North America, Europe, and internationally. The company provides branded, OTC, and generic formulations in the therapeutic areas of dermatology, respiratory, oncology, immunology, pain management, hypertension, central nervous system, cardiology, diabetes, contraceptives, gynecology, gastroenterology, and anti-infective in the dosage forms of complex injectables and biologics, oral solids, liquids, topical products, and respiratory-metered dose inhaler, dry powder inhaler, and nasal sprays. Its product pipeline includes ISB 2001, a CD38 x BCMA x CD3 TREAT trispecific T cell engager, which is in Phase 1 clinical trial for indication of relapsed/refractory multiple myeloma; ISB 2301, a NK cell engager that is in preclinical trial for solid tumors; and GRC 65327, a Cbl-b inhibitor small molecule for solid tumors. The company's pipeline also comprises ISB 880, an IL-1RAP antagonist monoclonal antibody, which is in Phase 1 clinical trial for the treatment of hidradenitis suppurativa; and ISB 830-X8, a telazorlimab OX40 antagonist antibody that is in Phase 2 clinical trial for the treatment of atopic dermatitis. In addition, the company offers Ryaltris nasal spray for the treatment of seasonal allergic rhinitis. The company was incorporated in 1977 and is based in Mumbai, India.

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₹2,274.90
+62.15% 1Y

Market & Price

Market Cap
₹64,197.86 Cr
Current Price
₹2,274.90
High / Low (52W)
₹2,417.90 / ₹1,402.96
Beta
0.31

Valuation

Stock P/E
47.17
Industry PE
37.60
Forward P/E
24.01
PEG Ratio
-
Book Value
₹339.57
Price to Book
6.70
P/S
3.89
EV/EBITDA
15.56
Dividend Yield
0.22%

Profitability & Returns

ROCE
15.93%
ROE
-
ROA
-
Profit Margin
6.45%
Op Margin
18.34%
EPS (Latest Qtr)
₹14.28
EPS (TTM)
₹48.23

Balance Sheet & Liquidity

Debt/Equity
0.13
Quick Ratio
-
Current Ratio
-
Debt
₹1,224.18 Cr
Total Assets
₹16,049.55 Cr
Current Assets
₹9,295.47 Cr
Working Capital
₹3,328.44 Cr

Ownership

Promoter Holding
48.97%
Chg in Prom Hold
-
FII / Inst Holding
27.02%
Chg in FII Hold
0.00%

Financial Snapshot

Enterprise Value
₹62,723.31 Cr
Total Revenue (TTM)
₹16,509.69 Cr
EBITDA
₹4,029.79 Cr
Free Cash Flow
-
Operating Cash Flow
-
Shares Outstanding
₹28.22 Cr
Gross Margin
70.71%
Payout Ratio
10.36%

Growth (CAGR)

Revenue 5Y
2.59%
Profit 5Y
3.60%
Revenue (YoY)
15.10%
Earnings (YoY)
15.80%

PROS

  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 GLENMARK Glenmark Pharmaceuticals Limited NIFTY_MIDNSEPHARMA 2,274.90 47.17 ₹64,197.86 Cr 0.22% 15.93% - 2.59% 3.60%
2 SUNPHARMA Sun Pharmaceutical Industries Limited NIFTY50NSEAIPHARMA 1,799.20 37.59 ₹4.32 L Cr 0.92% 17.94% 14.72% 10.39% 10.65%
3 DIVISLAB Divi's Laboratories Limited NSEPHARMA 6,667.00 68.97 ₹1.77 L Cr 0.45% 18.96% 16.19% 11.27% 12.08%
4 TORNTPHARM Torrent Pharmaceuticals Limited NSEPHARMA 4,410.80 68.96 ₹1.49 L Cr 0.86% 9.06% 16.98% 13.27% 20.21%
5 CIPLA Cipla Limited NIFTY50NSEAIPHARMA 1,401.00 29.16 ₹1.13 L Cr 0.93% 14.88% 11.74% 7.23% 11.45%
6 DRREDDY Dr. Reddy's Laboratories Limited NIFTY50NSEAIPHARMA 1,303.50 25.90 ₹1.09 L Cr 0.61% 14.00% 11.83% 10.96% -2.35%
7 ZYDUSLIFE Zydus Lifesciences Limited NSEPHARMA 1,077.70 21.51 ₹1.08 L Cr 0.09% 19.24% 18.32% 16.55% 36.99%
8 LUPIN Lupin Limited NIFTY_MIDNSEPHARMA 2,267.70 19.49 ₹1.04 L Cr 0.53% 28.42% 26.91% 19.10% 131.46%
9 MANKIND Mankind Pharma Limited NIFTY_MIDNSEPHARMA 2,375.60 51.29 ₹98,090.71 Cr 0.08% 13.78% 12.45% 17.73% 14.28%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue -3,301.90 Cr3,220.13 Cr3,059.33 Cr6,003.79 Cr3,888.00 Cr
Cost of Revenue -1,084.24 Cr1,492.95 Cr1,015.58 Cr1,264.51 Cr1,295.10 Cr
Gross Profit -2,217.67 Cr1,727.18 Cr2,043.76 Cr4,739.29 Cr2,592.90 Cr
Operating Expenses -1,740.18 Cr1,288.27 Cr1,593.16 Cr2,520.94 Cr1,877.59 Cr
Operating Income -477.49 Cr438.92 Cr450.59 Cr2,218.35 Cr715.30 Cr
EBITDA -631.36 Cr199.89 Cr283.73 Cr1,175.06 Cr729.88 Cr
Interest Expense -52.29 Cr66.71 Cr58.23 Cr66.46 Cr41.43 Cr
Pretax Income -456.33 Cr7.97 Cr95.58 Cr967.40 Cr534.00 Cr
Tax Provision -108.30 Cr3.59 Cr48.60 Cr356.97 Cr130.77 Cr
Net Income -347.96 Cr4.65 Cr46.87 Cr610.35 Cr403.21 Cr
Diluted EPS 12.5512.33-1.6621.6214.28

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Revenue 12,174.20 Cr11,431.94 Cr11,635.46 Cr13,145.84 Cr
Cost of Revenue 4,778.17 Cr4,586.60 Cr4,879.04 Cr4,757.34 Cr
Gross Profit 7,396.03 Cr6,845.33 Cr6,756.42 Cr8,388.49 Cr
Operating Expenses 5,555.98 Cr5,766.46 Cr6,125.34 Cr6,520.03 Cr
Operating Income 1,840.05 Cr1,078.87 Cr631.08 Cr1,868.47 Cr
EBITDA 2,226.06 Cr1,200.15 Cr1,183.27 Cr2,092.28 Cr
Interest Expense 298.10 Cr349.04 Cr515.97 Cr207.06 Cr
Pretax Income 1,441.25 Cr239.84 Cr36.49 Cr1,399.21 Cr
Tax Provision 447.60 Cr329.40 Cr1,867.35 Cr352.07 Cr
Net Income 941.71 Cr297.25 Cr-1,501.67 Cr1,047.10 Cr
Diluted EPS 33.3710.53-53.2237.11

Compounded Sales Growth

5 Years:2.59%
1 Year:15.10%

Compounded Profit Growth

5 Years:3.60%
1 Year:15.80%

Stock Price Performance

1 Year:+62.15%
6 Months:+20.91%
3 Months:+10.51%
1 Month:-5.46%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets 17,083.29 Cr19,371.68 Cr14,358.62 Cr16,049.55 Cr
Current Assets 8,282.35 Cr10,725.53 Cr7,428.08 Cr9,295.47 Cr
Cash & Equivalents 1,410.53 Cr1,159.20 Cr1,658.27 Cr1,675.71 Cr
Inventory 2,499.83 Cr2,373.62 Cr2,513.05 Cr3,028.53 Cr
Receivables 3,101.14 Cr3,665.17 Cr1,858.41 Cr3,341.95 Cr
Total Liabilities 7,645.17 Cr9,532.42 Cr6,511.08 Cr7,200.48 Cr
Current Liabilities 4,689.43 Cr5,105.06 Cr5,818.59 Cr5,967.02 Cr
Long Term Debt 2,571.74 Cr3,852.14 Cr0512.70 Cr
Total Debt 3,962.02 Cr4,607.88 Cr1,230.93 Cr2,472.67 Cr
Total Equity 9,086.65 Cr9,473.92 Cr7,847.93 Cr8,849.44 Cr
Shares Outstanding 28.22 Cr28.22 Cr28.22 Cr28.22 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow 1,108.65 Cr625.39 Cr-265.44 Cr-827.60 Cr
Investing Cash Flow -333.28 Cr-528.49 Cr4,560.89 Cr2.09 Cr
Financing Cash Flow -520.49 Cr-77.46 Cr-3,906.13 Cr787.04 Cr
Capital Expenditure -790.12 Cr-607.76 Cr-898.38 Cr-749.57 Cr
Free Cash Flow 318.54 Cr17.63 Cr-1,163.82 Cr-1,577.16 Cr
Net Change in Cash 254.88 Cr19.45 Cr389.32 Cr-38.46 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Gross Margin % 60.8%59.9%58.1%63.8%
Operating Margin % 15.1%9.4%5.4%14.2%
Net Margin % 7.7%2.6%-12.9%8.0%
ROE % 10.4%3.1%-19.1%11.8%
ROCE % 14.8%7.6%7.4%18.5%

Shareholding Pattern

Insiders
48.97%
Institutions
27.02%
Public Float
52.94%

Analyst View

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