G

GlaxoSmithKline Pharmaceuticals Limited

GLAXONSE
Market snapshot · 2026-08-10 23:30 UTC

2,601.00

+₹1.30 (+0.05%)

MARKET CAP

₹44.06K Cr

STOCK P/E

41.2x

52W HIGH

₹2,883.40

52W LOW

₹2,088.10

BOOK VALUE

₹133.85

EPS

₹63.17

ROE

SECTOR

Health Care

DEBT/EQUITY

1.47

VOLUME

29,241

P/B RATIO

19.43x

PEG RATIO

2.62

Sector

Health Care

Themes

PharmaceuticalsLife Insurance Corporation of India Portfolio
D
Dividend
E
Earnings
₹2,729.32₹2,577.37₹2,425.41₹2,273.46₹2,121.50VolumeDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

GlaxoSmithKline Pharmaceuticals is a pharmaceutical manufacturer and distributor serving India and international markets. Vaccines, respiratory specialty medicines, and general medicines drive revenue, led by Shingrix, NUCALA, Trelegy Ellipta, Augmentin, and Ceftum. First-quarter profit rose 16% to ₹237 crore, supporting 11.7% profit growth despite only 2.2% revenue growth and indicating improving margins. ROE is unavailable, while debt-to-equity of 1.47 means leverage can amplify reported returns and financial risk. Earnings growth currently exceeds revenue growth, suggesting mix and operating-margin gains rather than broad-based volume expansion. At 41.2 times earnings, the shares appear rich and trade at a premium to the company’s low-single-digit revenue growth. Positive sentiment may persist, but valuation leaves limited room for execution setbacks, pricing pressure, or weaker vaccine and respiratory demand.

Forecast

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

4.00 analysts

Price Forecast

Current
₹2,601
High Target
₹3,500
▲ +34.6%
Median Target
₹2,977
▲ +14.5%
Low Target
₹2,870
▲ +10.3%
Now₹2,601High ₹3,500Median ₹2,977Low ₹2,870Aug '25Now12M Target
Price history (1Y)
Analyst target range
4 analysts

Probabilistic Range

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

Time horizonRange ()Probability
3M₹2,257 - ₹3,10080%
6M₹2,150 - ₹3,36780%
12M₹2,026 - ₹3,82280%
Realized vol: +24.8% · Drift: +9.8%

Revenue Forecast

₹ Cr
Jun '26Current₹924.0
Sep 2026 ETrend estimate range
High₹1,140.6Base₹1,056.2Low₹971.7
Sep '25: ₹974.0 · Dec '25: ₹1,023.0 · Mar '26: ₹989.0 · Jun '26: ₹924.0 · Sep '26: ₹1,056.2 · Dec '26: ₹1,109.3
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E974.01,023.0989.0924.01,056.21,109.3
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹14.95
Sep 2026 ETrend estimate range
High₹19.70Base₹17.59Low₹15.48
Sep '25: ₹15.05 · Dec '25: ₹16.36 · Mar '26: ₹16.23 · Jun '26: ₹14.95 · Sep '26: ₹17.59 · Dec '26: ₹19.12
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E15.0516.3616.2314.9517.5919.12
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
63%
Analyst Consensus
Weakening

From 4 analysts

Mean upside+18.5%

Fundamentals

Strong

Fundamentals institutional score is 81 using growth durability 81.0.

Valuation

Premium valuation

Valuation institutional score is 35 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 75 using mean target upside 18.5%; dispersion penalty 8.2; recommendation breadth from available consensus.

Technical Structure

Mixed Momentum

Technicals institutional score is 66 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 7 recent ticker-linked news items.

Signal Summary

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

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

Fundamentals StrongValuation Premium valuationAnalyst Consensus PositiveTechnical Structure Mixed MomentumMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price3,081 target
Mean Upside+18.5%
Technical Score66%
Fundamental Score81%
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 7.8% above historical median. Valuation is stable — currently in the overvalued zone (z-score: +0.61). Confidence: 81%.

Live forward EPS implies next-12-month EPS of ₹78.88. Applying the stock's normalized valuation corridor produces a fair range of ₹2,633.01 to ₹3,292.45, with base value near ₹3,010.06 (+15.7% vs current price).

Forward Valuation Outlook

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

Below normalized range

Forward EPS

₹78.88

Forward P/E

33.0x

Base Fair Value

₹3,010.06

Fair Range

₹2,633.01 - ₹3,292.45

Upside To Base

+15.7%

Estimate Source

Live forward EPS

Growth Estimate

+15.7%

P/E
Overvalued

5Y Average

30.93

Current

41.15

Overvalued

41.74

Undervalued

33.38

EV/EBITDA
Strongly Overvalued

5Y Average

23.35

Current

31.08

Overvalued

30.08

Undervalued

15.81

P/S
Strongly Overvalued

5Y Average

8.37

Current

11.14

Overvalued

10.78

Undervalued

5.67

Peers & Comparison

Sector: Health Care · Theme: Pharmaceuticals

Pharmaceuticals Peers8 peers
Avg P/E: 48.8x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
DR. REDDY S LABORATORIES
DRREDDYPharmaceuticals
-5.6%10.0%
29.2x
Undervalued
-40% vs avg
-3.9%
DABUR INDIA LTD
DABURFMCG - Personal Products
+10.6%14.6%
37.3x
Undervalued
-24% vs avg
-19.6%
APOLLO HOSPITALS ENTER. L
APOLLOHOSPHospitals & Diagnostic Centres
+18.1%7.7%
66.0x
Premium
+35% vs avg
+23.2%
CIPLA LTD
CIPLAPharmaceuticals
+3.5%12.0%
35.2x
Undervalued
-28% vs avg
-2.7%
EICHER MOTORS LTD
EICHERMOTTrucks & Buses
+31.5%23.2%
38.0x
Undervalued
-22% vs avg
+41.4%
BSE LIMITED
BSEStock Exchanges & Ratings
+64.0%48.9%
52.3x
Fair
+7% vs avg
+44.3%
HERO MOTOCORP LIMITED
HEROMOTOCOTwo Wheelers
+34.9%10.7%
21.5x
Undervalued
-56% vs avg
+25.5%
CG POWER AND IND SOL LTD
CGPOWERHeavy Electrical Equipments
+14.0%9.8%
111.1x
Premium
+128% vs avg
+32.2%
WHY THESE PEERS

GLAXOSMITHKLINE PHARMA LT trades at a discount (41.2x vs peer avg 48.8x), suggesting potential undervaluation relative to the Pharmaceuticals cohort. Peers include DR. REDDY S LABORATORIES, DABUR INDIA LTD, APOLLO HOSPITALS ENTER. L — 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

₹924 CrJun 2026

Latest net profit

₹253 CrJun 2026

Latest EPS

₹14.95Jun 2026

Net margin

32.0%Jun 2026

Performance

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

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%9.0%18.0%27.0%36.0%0.00 Cr300 Cr600 Cr900 Cr1.20K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

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

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr300 Cr600 Cr900 Cr1.20K Cr₹0₹5₹10₹15₹20
  • 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 Cr250 Cr500 Cr750 Cr1.00K Cr

Latest reported period: Jun 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 Cr1.50K Cr3.00K Cr4.50K Cr6.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +7389538059118111,0009469668059741,023989924
Expenses +597667587656582681656635554639655642631
Operating Profit141287218255229319290331251335368347293
OPM %19%30%27%28%28%32%31%34%31%34%36%35%32%
Other Income +5428-13532363735394434323662
Interest0001000101111
Depreciation16181718161719151617201316
Profit before tax17929765269248339306355279351378369338
Tax %27%27%30%28%27%27%25%27%27%27%27%26%25%
Net Profit +13121645193182249229260205255277275253
EPS in Rs7.7112.722.6911.4010.7214.6813.4915.3612.0815.0516.3616.2314.95
Raw PDF

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

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +75.00%75.00%75.00%75.00%75.00%
FIIs +4.89%4.79%4.63%4.62%4.79%
DIIs +7.71%7.75%7.70%7.68%7.81%
Public +12.41%12.45%12.67%12.69%12.42%
Others0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Aug 06, 2026PDFCompany Reports Open

Disclosure Under Regulation 30

Aug 06, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 04, 2026PDFCompany Reports Open