G

Gland Pharma Limited

GLANDNSE
Market snapshot · 2026-08-12 17:22 UTC

2,891.20

₹-33.20 (-1.14%)

MARKET CAP

₹47.70K Cr

STOCK P/E

42.3x

52W HIGH

₹2,988.40

52W LOW

₹1,573.60

BOOK VALUE

₹628.68

EPS

₹68.43

ROE

10.53%

SECTOR

Health Care

DEBT/EQUITY

2.74

VOLUME

7.32L

P/B RATIO

4.60x

PEG RATIO

0.44

Sector

Health Care

Themes

Pharmaceuticals
D
Dividend
E
Earnings
₹2,891.20₹2,572.00₹2,252.80₹1,933.60₹1,614.40VolumeDEEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Gland Pharma is a pharmaceutical manufacturer focused on injectable formulations across India and international markets. Its revenue centers on injectable products, complex APIs such as heparins and peptides, and therapies spanning anti-infectives, oncology, diabetes, and blood-related conditions. Q1 FY27’s reported 20% revenue growth and volume surge indicate stronger demand, supporting operating leverage and improving margins. Profit growth of 47.1% exceeded 14.7% revenue growth, while improving margins point to better earnings conversion. However, 10.5% ROE is constrained by leverage, with debt-to-equity at 2.74. At 42.3 times earnings, the shares appear rich versus growth, despite positive momentum and recent results. The key open question is whether volume-led growth can offset balance-sheet pressure and justify the premium valuation.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for GLAND.

14.00 analysts

Price Forecast

Current
₹2,891
High Target
₹3,350
▲ +15.9%
Median Target
₹2,830
▼ -2.1%
Low Target
₹1,940
▼ -32.9%
Now₹2,891High ₹3,350Median ₹2,830Low ₹1,940Aug '25Now12M Target
Price history (1Y)
Analyst target range
14 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹2,392 - ₹3,60980%
6M₹2,233 - ₹3,99480%
12M₹2,045 - ₹4,65480%
Realized vol: +32.1% · Drift: +11.6%

Revenue Forecast

₹ Cr
Mar '26Current₹1,262.0
Sep 2026 ETrend estimate range
High₹1,314.9Base₹1,217.5Low₹1,120.1
Jun '25: ₹1,039.0 · Sep '25: ₹1,074.0 · Dec '25: ₹1,178.0 · Mar '26: ₹1,262.0 · Sep '26: ₹1,217.5 · Dec '26: ₹1,335.4
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E1,039.01,074.01,178.01,262.01,217.51,335.4
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Mar '26Current₹25.52
Sep 2026 ETrend estimate range
High₹24.40Base₹21.79Low₹19.17
Jun '25: ₹16.34 · Sep '25: ₹18.33 · Dec '25: ₹18.69 · Mar '26: ₹25.52 · Sep '26: ₹21.79 · Dec '26: ₹22.21
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E16.3418.3318.6925.5221.7922.21
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
40%
Analyst Consensus
Weakening

From 14 analysts

Mean upside-4.1%

Fundamentals

Moderate

Fundamentals institutional score is 62 using EVA spread proxy -1.5%; growth durability 94.6.

Valuation

Premium valuation

Valuation institutional score is 12 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Weakening

Analyst View institutional score is 34 using mean target upside -4.1%; dispersion penalty 20.3; recommendation breadth from available consensus.

Technical Structure

Weak Structure

Technicals institutional score is 0 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is skewing constructive on impact and recency. Based on 12 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. market sentiment provide support, while valuation and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Premium valuationAnalyst Consensus WeakeningTechnical Structure Weak StructureMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price2,771.7 target
Mean Upside-4.1%
Technical Score0%
Fundamental Score62%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 65.0% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +4.58). Confidence: 87%.

Live forward EPS implies next-12-month EPS of ₹96.56. Applying the stock's normalized valuation corridor produces a fair range of ₹2,339.65 to ₹2,678.57, with base value near ₹2,482.56 (-14.1% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Above normalized range

Forward EPS

₹96.56

Forward P/E

29.9x

Base Fair Value

₹2,482.56

Fair Range

₹2,339.65 - ₹2,678.57

Upside To Base

-14.1%

Estimate Source

Live forward EPS

Growth Estimate

+96.4%

P/E
Strongly Overvalued

5Y Average

29.38

Current

42.43

Overvalued

27.74

Undervalued

24.23

EV/EBITDA
Strongly Overvalued

5Y Average

17.72

Current

25.59

Overvalued

19.55

Undervalued

14.42

P/S
Strongly Overvalued

5Y Average

5.13

Current

7.42

Overvalued

5.67

Undervalued

4.18

Peers & Comparison

Sector: Health Care · Theme: Pharmaceuticals

Pharmaceuticals Peers8 peers
Avg P/E: 45.9x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
CIPLA LTD
CIPLAPharmaceuticals
+3.5%12.0%
35.1x
Undervalued
-24% vs avg
-6.3%
TORRENT PHARMACEUTICALS L
TORNTPHARMPharmaceuticals
+54.8%13.9%
78.2x
Premium
+70% vs avg
+35.1%
LUPIN LIMITED
LUPINPharmaceuticals
+32.0%18.5%
18.9x
Undervalued
-59% vs avg
+14.5%
GLENMARK PHARMACEUTICALS
GLENMARKPharmaceuticals
+23.1%10.1%
35.9x
Undervalued
-22% vs avg
+12.2%
ABBOTT INDIA LIMITED
ABBOTINDIAPharmaceuticals
+6.5%22.4%
38.5x
Undervalued
-16% vs avg
-14.9%
AJANTA PHARMA LIMITED
AJANTPHARMPharmaceuticals
+24.8%19.6%
39.0x
Fair
-15% vs avg
+31.3%
LAURUS LABS LIMITED
LAURUSLABSPharmaceuticals
+29.1%15.0%
91.4x
Premium
+99% vs avg
+115.3%
DR. REDDY S LABORATORIES
DRREDDYPharmaceuticals
-5.6%10.0%
30.2x
Undervalued
-34% vs avg
-3.9%
WHY THESE PEERS

GLAND PHARMA LIMITED trades in line with peers (42.3x vs avg 45.9x), reflecting a fair valuation within the Pharmaceuticals cohort. Peers include CIPLA LTD, TORRENT PHARMACEUTICALS L, LUPIN LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹1.26K CrMar 2026

Latest net profit

₹420 CrMar 2026

Latest EPS

₹25.52Mar 2026

Net margin

40.0%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.0%10.0%20.0%30.0%40.0%0.00 Cr350 Cr700 Cr1.05K Cr1.40K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr350 Cr700 Cr1.05K Cr1.40K Cr₹0₹7₹14₹21₹28
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr350 Cr700 Cr1.05K Cr1.40K Cr

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr3.00K Cr6.00K Cr9.00K Cr12.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +7858841,0111,0981,1751,0121,0631,0111,0301,0391,0741,1781,262
Expenses +616625664728742718699620636680699756754
Operating Profit169259347369433294364391394359375422508
OPM %22%29%34%34%37%29%34%39%38%35%35%36%40%
Other Income +-183541434748586544558336106
Interest22115101837406
Depreciation38394040434142444344454543
Profit before tax112254347372433300380394391362409412565
Tax %29%26%26%26%26%26%26%25%26%26%26%25%26%
Net Profit +79188258277321223282295290269302308420
EPS in Rs4.8111.3915.6416.8119.5113.5317.1017.9117.6016.3418.3318.6925.52
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +51.83%51.83%51.83%51.83%51.77%
FIIs +7.39%7.90%7.58%7.29%8.74%
DIIs +32.86%32.63%32.99%33.36%30.44%
Public +7.93%7.63%7.62%7.52%9.06%
Others0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Aug 09, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 01, 2026PDFCompany Reports Open

Letter To Shareholders

Jul 31, 2026PDFCompany Reports Open