G

Glenmark Pharmaceuticals Limited

GLENMARKNSE
Market snapshot · 2026-08-10 20:50 UTC

2,251.30

₹-27.80 (-1.22%)

MARKET CAP

₹63.53K Cr

STOCK P/E

35.4x

52W HIGH

₹2,474.00

52W LOW

₹1,792.60

BOOK VALUE

₹372.48

EPS

₹63.59

ROE

SECTOR

Health Care

DEBT/EQUITY

5.65

VOLUME

2.58L

P/B RATIO

6.04x

PEG RATIO

0.04

Sector

Health Care

Themes

Pharmaceuticals
D
Dividend
E
Earnings
₹2,406.30₹2,257.60₹2,108.90₹1,960.20₹1,811.50VolumeEDDEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

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

11.00 analysts

Price Forecast

Current
₹2,251
High Target
₹2,750
▲ +22.2%
Median Target
₹2,570
▲ +14.2%
Low Target
₹2,100
▼ -6.7%
Now₹2,251High ₹2,750Median ₹2,570Low ₹2,100Aug '25Now12M Target
Price history (1Y)
Analyst target range
11 analysts

Probabilistic Range

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

Time horizonRange ()Probability
3M₹1,928 - ₹2,72280%
6M₹1,827 - ₹2,97480%
12M₹1,710 - ₹3,40680%
Realized vol: +26.9% · Drift: +10.6%

Revenue Forecast

₹ Cr
Jun '26Current₹2,435.0
Sep 2026 ETrend estimate range
High₹1,736.0Base₹1,607.4Low₹1,478.8
Sep '25: ₹1,539.0 · Dec '25: ₹2,360.0 · Mar '26: ₹2,147.0 · Jun '26: ₹2,435.0 · Sep '26: ₹1,607.4 · Dec '26: ₹2,464.8
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E1,539.02,360.02,147.02,435.01,607.42,464.8
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹26.07
Sep 2026 ETrend estimate range
High₹-23.57Base₹-21.04Low₹-18.52
Sep '25: ₹-26.19 · Dec '25: ₹10.00 · Mar '26: ₹-2.62 · Jun '26: ₹26.07 · Sep '26: ₹-21.04 · Dec '26: ₹8.03
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E-26.1910.00-2.6226.07-21.048.03
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
63%
Analyst Consensus
Weakening

From 11 analysts

Mean upside+10.9%

Fundamentals

Strong

Fundamentals institutional score is 84 using growth durability 84.2.

Valuation

Premium valuation

Valuation institutional score is 22 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 69 using mean target upside 10.9%; dispersion penalty 10.4; 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

Positive catalysts emerging

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 10 recent ticker-linked news items.

Signal Summary

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

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

Fundamentals StrongValuation Premium valuationAnalyst Consensus NeutralTechnical Structure Mixed MomentumMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price2,497.7 target
Mean Upside+10.9%
Technical Score66%
Fundamental Score84%
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 48.2% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.47). Confidence: 68%.

Live forward EPS implies next-12-month EPS of ₹97.67. Applying the stock's normalized valuation corridor produces a fair range of ₹1,609.60 to ₹3,060.00, with base value near ₹2,361.66 (+4.9% vs current price).

Forward Valuation Outlook

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

Inside normalized range

Forward EPS

₹97.67

Forward P/E

23.1x

Base Fair Value

₹2,361.66

Fair Range

₹1,609.60 - ₹3,060.00

Upside To Base

+4.9%

Estimate Source

Live forward EPS

Growth Estimate

+930.7%

P/E
Strongly Overvalued

5Y Average

18.11

Current

35.84

Overvalued

31.33

Undervalued

16.48

EV/EBITDA
Strongly Overvalued

5Y Average

6.67

Current

13.03

Overvalued

10.02

Undervalued

2.85

P/S
Strongly Overvalued

5Y Average

1.83

Current

3.58

Overvalued

2.75

Undervalued

0.78

Peers & Comparison

Sector: Health Care · Theme: Pharmaceuticals

Pharmaceuticals Peers8 peers
Avg P/E: 47.4x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
CIPLA LTD
CIPLAPharmaceuticals
+3.5%12.0%
35.2x
Undervalued
-26% vs avg
-2.7%
LUPIN LIMITED
LUPINPharmaceuticals
+32.0%18.5%
19.0x
Undervalued
-60% vs avg
+21.5%
TORRENT PHARMACEUTICALS L
TORNTPHARMPharmaceuticals
+54.8%13.9%
78.7x
Premium
+66% vs avg
+36.2%
MANKIND PHARMA LIMITED
MANKINDPharmaceuticals
+12.9%13.9%
49.4x
Fair
+4% vs avg
+0.8%
ABBOTT INDIA LIMITED
ABBOTINDIAPharmaceuticals
+6.5%22.4%
37.8x
Undervalued
-20% vs avg
-15.6%
AJANTA PHARMA LIMITED
AJANTPHARMPharmaceuticals
+24.8%19.6%
38.6x
Undervalued
-19% vs avg
+31.7%
LAURUS LABS LIMITED
LAURUSLABSPharmaceuticals
+29.1%15.0%
91.4x
Premium
+93% vs avg
+121.8%
DR. REDDY S LABORATORIES
DRREDDYPharmaceuticals
-5.6%10.0%
29.2x
Undervalued
-38% vs avg
-3.9%
WHY THESE PEERS

GLENMARK PHARMACEUTICALS trades at a discount (35.4x vs peer avg 47.4x), suggesting potential undervaluation relative to the Pharmaceuticals cohort. Peers include CIPLA LTD, LUPIN LIMITED, TORRENT PHARMACEUTICALS 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

₹2.44K CrJun 2026

Latest net profit

₹736 CrJun 2026

Latest EPS

₹26.07Jun 2026

Net margin

25.0%Jun 2026

Performance

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

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27-15.0%0.0%15.0%30.0%45.0%-850 Cr0.00 Cr850 Cr1.70K Cr2.55K 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 Cr650 Cr1.30K Cr1.95K Cr2.60K Cr₹-30₹-15₹0₹15₹30
  • 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 Cr650 Cr1.30K Cr1.95K Cr2.60K 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 2026-10.00K Cr0.00 Cr10.00K Cr20.00K Cr30.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +2,1442,2331,3652,1482,3302,6362,2512,0102,3951,5392,3602,1472,435
Expenses +1,6591,7901,5491,6511,6981,8571,7571,6691,6671,7171,8642,1151,822
Operating Profit485443-184497631779494341728-17849632613
OPM %23%20%-14%23%27%30%22%17%30%-12%21%1.5%25%
Other Income +18542345,9335683129-91-254-646-68-61338
Interest6258748315128131523221823
Depreciation49505152535555565859596062
Profit before tax392389-766,295618795559181401-906347-107866
Tax %31%22%-73%27%27%25%26%18%18%-18%19%-31%15%
Net Profit +272302-204,614454595414148330-739282-74736
EPS in Rs9.6310.72-0.72163.5016.0821.0914.665.2411.70-26.1910.00-2.6226.07
Raw PDF

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

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +46.64%46.64%46.65%46.65%46.65%
FIIs +20.62%20.73%19.20%20.35%20.89%
DIIs +17.64%18.61%20.09%19.28%18.60%
Government +0.04%0.04%0.04%0.04%0.04%
Public +15.05%13.97%14.02%13.70%13.81%
Others0.01%0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Government +
Public +
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Aug 10, 2026PDFCompany Reports Open

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

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Aug 05, 2026PDFCompany Reports Open

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

Aug 03, 2026PDFCompany Reports Open