Market Cap ₹43598 Cr.
Stock P/E -23.8
P/B 1.8
Current Price ₹1545
Book Value ₹ 848.6
Face Value 1
52W High ₹1830.1
Dividend Yield 0.16%
52W Low ₹ 766.7
Glenmark Pharmaceuticals Ltd is a international pharmaceutical corporation. The Company is commonly engaged in the enterprise of developing, manufacturing and advertising and marketing of pharmaceutical products. It focuses on production products throughout therapeutic regions of breathing, dermatology and oncology. It is involved in development of new chemical entities (NCEs) and new biological entities (NBEs). Its business segments consist of India, North America, Europe and Rest of the world. It is centered on developing and advertising branded and universal formulations. Its products consist of FabiFlu, Ryaltris and Remo (Remogliflozin etabonate). Its FabiFlu is an antiviral remedy to treat slight to moderate COVID-19. Its Ryaltris is a set-dose aggregate nasal spray of an antihistamine (olopatadine hydrochloride 665 microgram) and a steroid that treats signs and symptoms associated with seasonal, in addition to perennial allergic rhinitis. Its Remo is a sodium-glucose shipping-2 (SGLT2) inhibitor for the sort 2 diabetes.
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Net Sales |
Other Income |
Total Income |
Total Expenditure |
Operating Profit |
Interest |
Depreciation |
Exceptional Income / Expenses |
Profit Before Tax |
Provision for Tax |
Profit After Tax |
Adjustments |
Profit After Adjustments |
Adjusted Earnings Per Share |
#(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Sales | 2394 | 5204 | 6115 | 7989 | 5520 | 6305 | 6713 | 7568 | 8142 | 8221 | 7891 | |
Other Income | 67 | 85 | 117 | 148 | 180 | 476 | 607 | 396 | 615 | 986 | 1168 | |
Total Income | 2461 | 5289 | 6232 | 8137 | 5700 | 6780 | 7319 | 7964 | 8756 | 9207 | 9059 | |
Total Expenditure | 1898 | 3739 | 4350 | 5091 | 4419 | 4977 | 5408 | 5678 | 6453 | 6748 | 6649 | |
Operating Profit | 563 | 1550 | 1883 | 3047 | 1281 | 1803 | 1911 | 2287 | 2303 | 2459 | 2410 | |
Interest | 31 | 30 | 36 | 153 | 191 | 224 | 256 | 266 | 236 | 207 | 277 | |
Depreciation | 30 | 119 | 100 | 105 | 96 | 106 | 139 | 151 | 160 | 184 | 202 | |
Exceptional Income / Expenses | 0 | -169 | 0 | -236 | 0 | 345 | 19 | 74 | 430 | -496 | 5070 | |
Profit Before Tax | 502 | 1232 | 1747 | 2553 | 994 | 1818 | 1535 | 1944 | 2337 | 1572 | 7001 | |
Provision for Tax | 68 | 224 | 262 | 412 | 128 | 330 | 180 | 294 | 340 | 363 | 1833 | |
Profit After Tax | 434 | 1008 | 1484 | 2141 | 866 | 1488 | 1355 | 1649 | 1998 | 1209 | 5167 | |
Adjustments | 0 | 0 | 0 | 0 | 148 | 134 | 0 | 0 | 0 | 0 | 0 | |
Profit After Adjustments | 434 | 1008 | 1484 | 2141 | 1014 | 1622 | 1355 | 1649 | 1998 | 1209 | 5167 | |
Adjusted Earnings Per Share | 16 | 37.1 | 52.6 | 75.9 | 30.7 | 52.7 | 48 | 58.5 | 70.8 | 42.8 | 183.1 |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Sales CAGR | -4% | 1% | 5% | 13% |
Operating Profit CAGR | -2% | 2% | 6% | 16% |
PAT CAGR | 327% | 46% | 28% | 28% |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Share Price CAGR | 83% | 45% | 35% | 7% |
ROE Average | 25% | 15% | 14% | 16% |
ROCE Average | 33% | 18% | 16% | 18% |
#(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|---|
Shareholder's Funds | 2906 | 4952 | 7366 | 9437 | 10391 | 11942 | 13226 | 14810 | 16739 | 17877 | 22971 |
Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Borrowings | 0 | 0 | 0 | 2589 | 2686 | 2831 | 3131 | 3113 | 2572 | 2661 | 0 |
Other Non-Current Liabilities | 360 | 930 | 279 | 400 | -658 | -624 | 389 | 1151 | 1413 | 2394 | 3287 |
Total Current Liabilities | 1317 | 2659 | 3339 | 2899 | 2185 | 2281 | 2992 | 3934 | 4896 | 3992 | 5152 |
Total Liabilities | 4584 | 8541 | 10984 | 15324 | 14604 | 16431 | 19738 | 23007 | 25619 | 26925 | 31410 |
Fixed Assets | 449 | 1231 | 1438 | 1596 | 1699 | 1413 | 1612 | 1722 | 1752 | 1746 | 1756 |
Other Non-Current Assets | 2444 | 3498 | 4322 | 6851 | 7030 | 9876 | 13099 | 14944 | 18009 | 20442 | 24109 |
Total Current Assets | 1692 | 3813 | 5224 | 6877 | 5875 | 5141 | 5027 | 6340 | 5858 | 4735 | 5544 |
Total Assets | 4584 | 8541 | 10984 | 15324 | 14604 | 16431 | 19738 | 23007 | 25619 | 26925 | 31410 |
#(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|---|
Opening Cash & Cash Equivalents | 165 | 106 | 42 | 74 | 251 | 176 | 255 | 87 | 15 | 29 | 93 |
Cash Flow from Operating Activities | 114 | 145 | 355 | 878 | 1124 | 2490 | 1579 | 1243 | 1216 | 1474 | -495 |
Cash Flow from Investing Activities | 217 | -394 | -1546 | -2580 | -1137 | -2256 | -1607 | -1235 | -897 | -431 | 3197 |
Cash Flow from Financing Activities | -385 | -32 | 1223 | 1879 | -62 | -155 | -139 | -81 | -305 | -978 | -2666 |
Net Cash Inflow / Outflow | -54 | -282 | 32 | 177 | -75 | 79 | -168 | -73 | 14 | 64 | 35 |
Closing Cash & Cash Equivalent | 106 | 42 | 74 | 251 | 176 | 255 | 87 | 15 | 29 | 93 | 128 |
# | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|---|
Earnings Per Share (Rs) | 16 | 37.14 | 52.6 | 75.86 | 30.69 | 52.74 | 48 | 58.46 | 70.8 | 42.84 | 183.11 |
CEPS(Rs) | 17.11 | 41.54 | 56.14 | 79.58 | 34.09 | 56.51 | 52.91 | 63.8 | 76.46 | 49.36 | 190.28 |
DPS(Rs) | 2 | 2 | 2 | 2 | 2 | 2 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 |
Book NAV/Share(Rs) | 107.15 | 182.54 | 261.01 | 334.38 | 367.9 | 422.85 | 468.25 | 524.29 | 593.12 | 633.48 | 813.92 |
Core EBITDA Margin(%) | 20.34 | 27.71 | 28.46 | 35.81 | 19.86 | 21.05 | 19.43 | 22.7 | 18.77 | 16.04 | 13.22 |
EBIT Margin(%) | 21.85 | 23.87 | 28.74 | 33.42 | 21.37 | 32.39 | 26.68 | 26.53 | 28.61 | 19.37 | 77.48 |
Pre Tax Margin(%) | 20.58 | 23.3 | 28.16 | 31.53 | 17.93 | 28.84 | 22.86 | 23.34 | 25.98 | 17.12 | 74.53 |
PAT Margin (%) | 17.79 | 19.06 | 23.93 | 26.44 | 15.62 | 23.61 | 20.18 | 19.8 | 22.21 | 13.16 | 55.01 |
Cash Profit Margin (%) | 19.03 | 21.32 | 25.54 | 27.74 | 17.35 | 25.29 | 22.24 | 21.61 | 23.98 | 15.17 | 57.16 |
ROA(%) | 9.93 | 15.35 | 15.2 | 16.27 | 5.79 | 9.59 | 7.49 | 7.72 | 8.22 | 4.6 | 17.72 |
ROE(%) | 15.98 | 25.64 | 24.1 | 25.48 | 8.74 | 13.34 | 10.77 | 11.78 | 12.67 | 6.98 | 25.3 |
ROCE(%) | 16.75 | 29.27 | 26.38 | 26.57 | 9.26 | 14.36 | 11.24 | 12.54 | 13.25 | 8.58 | 32.59 |
Receivable days | 126.68 | 123.49 | 161.77 | 156.38 | 253.74 | 171.25 | 106.64 | 94.75 | 104.82 | 103.04 | 96.95 |
Inventory Days | 29.98 | 32.7 | 50.15 | 47.64 | 74.27 | 58.54 | 47.54 | 35.06 | 34.77 | 40.58 | 43.38 |
Payable days | 154.59 | 206.8 | 283.44 | 238.86 | 272.05 | 254.34 | 226.78 | 198.46 | 190.67 | 221.36 | 277.83 |
PER(x) | 35.38 | 21.16 | 15.1 | 11.31 | 17.18 | 12.24 | 4.29 | 7.95 | 6.25 | 10.85 | 5.23 |
Price/Book(x) | 5.28 | 4.31 | 3.04 | 2.57 | 1.43 | 1.53 | 0.44 | 0.89 | 0.75 | 0.73 | 1.18 |
Dividend Yield(%) | 0.35 | 0.25 | 0.25 | 0.23 | 0.38 | 0.31 | 1.21 | 0.54 | 0.57 | 0.54 | 0.26 |
EV/Net Sales(x) | 6.51 | 4.17 | 3.78 | 3.35 | 3.2 | 3.35 | 1.39 | 2.21 | 1.98 | 1.97 | 3.49 |
EV/Core EBITDA(x) | 27.69 | 13.99 | 12.28 | 8.77 | 13.8 | 11.7 | 4.87 | 7.31 | 7 | 6.58 | 11.43 |
Net Sales Growth(%) | 18.19 | 117.39 | 17.51 | 30.65 | -30.9 | 14.21 | 6.47 | 12.74 | 7.58 | 0.97 | -4.01 |
EBIT Growth(%) | 25.79 | 136.77 | 41.29 | 51.76 | -56.2 | 72.31 | -12.29 | 23.37 | 16.47 | -30.88 | 309.17 |
PAT Growth(%) | 12.36 | 132.24 | 47.32 | 44.22 | -59.55 | 71.89 | -8.99 | 21.77 | 21.12 | -39.49 | 327.48 |
EPS Growth(%) | 12.21 | 132.18 | 41.64 | 44.21 | -59.55 | 71.89 | -8.99 | 21.77 | 21.12 | -39.49 | 327.45 |
Debt/Equity(x) | 0.12 | 0.08 | 0.11 | 0.29 | 0.29 | 0.26 | 0.27 | 0.25 | 0.22 | 0.18 | 0.03 |
Current Ratio(x) | 1.28 | 1.43 | 1.56 | 2.37 | 2.69 | 2.25 | 1.68 | 1.61 | 1.2 | 1.19 | 1.08 |
Quick Ratio(x) | 1.12 | 1.16 | 1.27 | 1.98 | 2.18 | 1.85 | 1.4 | 1.42 | 1 | 0.91 | 0.85 |
Interest Cover(x) | 17.2 | 41.79 | 49.21 | 17.73 | 6.21 | 9.12 | 6.99 | 8.31 | 10.9 | 8.6 | 26.26 |
Total Debt/Mcap(x) | 0.02 | 0.02 | 0.04 | 0.11 | 0.2 | 0.17 | 0.61 | 0.28 | 0.29 | 0.24 | 0.02 |
# | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 46.65 | 46.65 | 46.65 | 46.65 | 46.65 | 46.65 | 46.65 | 46.64 | 46.65 | 46.65 |
FII | 24.23 | 23.14 | 23.2 | 22.46 | 25.52 | 24.8 | 23.71 | 21.38 | 20.98 | 23.05 |
DII | 10.5 | 10.94 | 10.73 | 10.44 | 9.15 | 10.35 | 10.95 | 13.4 | 13.96 | 13.25 |
Public | 18.63 | 19.28 | 19.43 | 20.45 | 18.69 | 18.21 | 18.69 | 18.58 | 18.41 | 17.06 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
# | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 13.16 | 13.16 | 13.16 | 13.16 | 13.16 | 13.16 | 13.16 | 13.16 | 13.16 | 13.16 |
FII | 6.84 | 6.53 | 6.54 | 6.34 | 7.2 | 7 | 6.69 | 6.03 | 5.92 | 6.5 |
DII | 2.96 | 3.09 | 3.03 | 2.95 | 2.58 | 2.92 | 3.09 | 3.78 | 3.94 | 3.74 |
Public | 5.26 | 5.44 | 5.48 | 5.77 | 5.27 | 5.14 | 5.27 | 5.24 | 5.2 | 4.81 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 28.22 | 28.22 | 28.22 | 28.22 | 28.22 | 28.22 | 28.22 | 28.22 | 28.22 | 28.22 |
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