bell
The current prices are delayed by 15 mins, login to check live prices.
Glenmark Pharmaceuticals Ltd share price logo

Glenmark Pharmaceuticals Ltd

(GLENMARK)

₹1716.81.25%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Glenmark Pharmaceuticals Ltd Analyst Rating

based on 14 analysts

BUY

50.00%

Buy

35.71%

Hold

14.29%

Sell

Based on 14 analysts offering long term price targets for Glenmark Pharmaceuticals Ltd. An average target of ₹1563.43

Source: S&P Global Market Intelligence

Glenmark Pharmaceuticals Ltd Share analysis

Glenmark Pharmaceuticals Ltd price forecast by 14 analysts

Downside of-10.07%

High

₹1930

Target

₹1563.43

Low

₹570

Glenmark Pharmaceuticals Ltd target price ₹1563.43, a slight downside of -10.07% compared to current price of ₹1716.8. According to 14 analysts rating.

Source: S&P Global Market Intelligence

Glenmark Pharmaceuticals Ltd Performance

  • Day's Low

    Day's High

    ₹1,705.05
    ₹1,756.85
  • 52 Week's Low

    52 Week's High

    ₹722.1
    ₹1,830.95
1 Month Return+ 1.52 %
3 Month Return+ 21.6 %
1 Year Return+ 128.77 %
Previous Close₹1,738.45
Open₹1,738.50
Volume4.45L
Upper Circuit-
Lower Circuit-
Market Cap₹49,057.00Cr

Glenmark Pharmaceuticals Ltd Key Statistics

P/E Ratio-37.42
PEG Ratio0.67
Market Cap₹49,057.00 Cr
P/B Ratio1.18
EPS-50.8
Dividend Yield0.26
SectorPharmaceuticals
ROE6.98

Glenmark Pharmaceuticals Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹49,057.00 Cr96.25%0.52-₹1,434 Cr₹11,813 Cr
HOLD₹31,560.96 Cr127.13%0.52₹300 Cr₹1,051 Cr
BUY₹18,791.82 Cr30.25%0.57₹72 Cr₹6,702 Cr
NA₹6,996.36 Cr12.52%0.79-₹388 Cr₹75 Cr
BUY₹14,535.09 Cr43.59%0.68₹218 Cr₹1,296 Cr

About Glenmark Pharmaceuticals Ltd

Glenmark Pharmaceuticals Ltd is an Indian pharmaceuticals company listed on the National Stock Exchange and Bombay Stock Exchange. Established in 1977, the company manufactures and distributes branded and generic formulations, active pharmaceutical ingredients (API’s) and biosimilars. It has 18 manufacturing facilities in India, 7 in the U.S., 1 in Brazil and 1 in Mexico that span across the world catering to global requirements. Glenmark has taken several steps towards achieving a healthy presence in the global markets. In addition to its product portfolio, Glenmark’s aggressive acquisition strategy and product launch activities have helped expand its market reach. The company has been awarded numerous accolades over the years, including consecutive years of being ranked amongst the top 1000 world pharmaceutical companies. It continues to be a frontrunner in providing quality and affordable healthcare solutions in India and abroad.

Share Price: ₹1716.80 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹49,057.00Cr as of today
Revenue: ₹3,223.30Cr as on June 2024 (Q2 24)
Net Profit: ₹340.24Cr as on June 2024 (Q2 24)
Listing date: 07 Feb, 2000
Chairperson Name: Glenn Saldanha
OrganisationGlenmark Pharmaceuticals Ltd
HeadquartersMumbai
IndustryPharmaceuticals
E-voting on sharesClick here to vote

Key events for Glenmark Pharmaceuticals Ltd

  • Glenmark Pharmaceuticals Issues Product Recalls in US - 13 Oct, 2024

    Glenmark Pharmaceuticals is recalling Ryaltris Nasal Spray and Ciclopirox Gel in the US due to manufacturing issues. The recalls are classified as Class II and Class III by the USFDA, indicating varying levels of health risk.

  • Glenmark Pharmaceuticals Hits New 52-Week High - 10 Oct, 2024

    Glenmark Pharmaceuticals closed at Rs 1,792.50, up 3.34%, breaking its 52-week high of Rs 1,795. The stock has gained 148.23% from its low, indicating strong momentum and potential for continued movement.

  • Glenmark Life Sciences Rebrands Amid Stock Surge - 09 Oct, 2024

    Glenmark Life Sciences announced its rebranding to Alivus Life Sciences after Nirma Limited's acquisition. Meanwhile, Glenmark Pharmaceuticals saw a stock surge, closing at Rs 1,792.50, marking a breakout and strong momentum indicators.

  • Glenmark Pharmaceuticals Sees 2.21% Surge - 08 Oct, 2024

    Glenmark Pharmaceuticals Ltd rose 2.21% to Rs 1712.1, marking a 118.27% increase over the past year. The stock has gained for three consecutive sessions, outperforming both NIFTY and the Nifty Pharma index.

  • Glenmark Launches National BP Screening Initiative - 01 Oct, 2024

    Glenmark Pharmaceuticals, in collaboration with the Association of Physicians of India, launched the Take Charge @18 movement to promote hypertension awareness and early blood pressure monitoring. The initiative aims to educate 10 crore Indians about hypertension, addressing a significant health concern as urban prevalence reaches 40.7%.

  • Glenmark Investigated for Counterfeit Drug Issues - 27 Sep, 2024

    Glenmark Pharmaceuticals is under investigation for counterfeit batches of its anti-hypertension drug Telma H. The company asserts that the products are not manufactured by them.

  • Glenmark Pharmaceuticals Faces Quality Scrutiny and Counterfeit Claims - 26 Sep, 2024

    Glenmark Pharmaceuticals is under scrutiny for quality issues related to Telma H tablets. The company denies involvement with a flagged batch and claims counterfeit products are misattributed to them.

  • Glenmark Shares Surge After Successful USFDA Inspection - 23 Sep, 2024

    Glenmark Pharmaceuticals' stock rose significantly after its Aurangabad facility passed a USFDA inspection with no observations. The company reported strong financial results, including a net profit increase and revenue growth, further enhancing investor sentiment.

  • Glenmark Pharma's Facility Passes USFDA Inspection - 21 Sep, 2024

    Glenmark Pharmaceuticals announced that its Aurangabad facility successfully cleared a USFDA inspection conducted from September 9 to 20, 2024, with zero observations.

  • Glenmark Pharma's FDA Inspection Success and Profit Surge - 20 Sep, 2024

    Glenmark Pharmaceuticals' Aurangabad unit passed an FDA inspection with zero observations. The company reported a significant profit increase, with Q1 net profit rising to ₹340.2 crore.

Insights on Glenmark Pharmaceuticals Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, -1.21K Cr → 340.27 Cr (in ₹), with an average increase of 458.0% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 20.98% to 23.05% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 10.92% to 11.41% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, GLENMARK has outperformed top 5 stocks with highest market-cap in Pharmaceuticals

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, GLENMARK has outperformed top 5 stocks with highest market-cap in Pharmaceuticals

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 46.65% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 18.41% to 17.06% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, GLENMARK stock has moved down by -4.4%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 3.86K Cr → 3.27K Cr (in ₹), with an average decrease of 15.2% per quarter

Glenmark Pharmaceuticals Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹2,998.47Cr (-)₹3,160.69Cr (↑5.41%)₹2,460.29Cr (↓22.16%)₹3,016.01Cr (↑22.59%)₹3,223.30Cr (↑6.87%)
Net Income₹173.13Cr (-)-₹61.56Cr (↓135.56%)-₹330.82Cr (↑437.39%)-₹1,214.27Cr (↑267.05%)₹340.24Cr (↓128.02%)
Net Profit Margin5.77% (-)-1.95% (↓133.80%)-13.45% (↑589.74%)-40.26% (↑199.33%)10.56% (↓126.23%)
Value in ₹ crore
Details2021202220232024
Total Assets₹20,882.95Cr (-)₹23,128.70Cr (↑10.75%)₹24,799.42Cr (↑7.22%)₹27,724.16Cr (↑11.79%)
Total Liabilities₹6,073.44Cr (-)₹6,390.11Cr (↑5.21%)₹6,921.95Cr (↑8.32%)₹4,753.54Cr (↓31.33%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1,579.12Cr (-)₹1,243.42Cr (↓21.26%)₹1,216.07Cr (↓2.20%)₹1,474.06Cr (↑21.22%)-₹495.45Cr (↓133.61%)

Index Inclusions

Nifty Healthcare

₹14,577.50

-0.83 (-122.45%)

Nifty MidSmallcap 400

₹20,226.95

-1.55 (-318.85%)

S&P BSE 400 MidSmallCap

₹12,432.98

-1.5 (-189.77%)

BSE Mid-Cap

₹47,164.93

-1.63 (-781.4%)

S&P BSE 250 SmallCap

₹7,272.82

-1.48 (-109.35%)

BSE Healthcare

₹43,859.93

-0.86 (-378.57%)

Nifty Smallcap 50

₹9,019.85

-1.72 (-157.85%)

Nifty Small 100

₹18,797.40

-1.47 (-280.4%)

BSE 500

₹36,661.79

-0.72 (-265.21%)

NIFTY PHARMA

₹23,122.70

-1 (-233.5%)

S&P BSE AllCap

₹10,734.78

-0.78 (-84.78%)

Nifty 500

₹23,263.25

-0.76 (-177.45%)

Nifty Alpha 50

₹58,020.70

-1.54 (-906.45%)

Nifty Smallcap 250

₹17,936.30

-1.65 (-300.5%)

Glenmark Pharmaceuticals Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
46.65%
0.00
Foreign Institutions
23.05%
9.84
Mutual Funds
11.41%
4.51
Retail Investors
17.06%
-7.35
Others
1.84%
-39.58

Glenmark Pharmaceuticals Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)27.534.3835.2113.37-50.8
Details20202021202220232024
Return On Equity %10.7611.7710.429.126.98
Details20202021202220232024
Return On Assets %4.044.654.071.2-5.42
Details20202021202220232024
Book Value Per Share (₹)215.14250.37322.03335.75278.11

Glenmark Pharmaceuticals Ltd Valuation

Glenmark Pharmaceuticals Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-275.05x)

December 28, 2023

Today (-37.42x)

October 18, 2024

Industry (58.10x)

October 18, 2024

Highest (95.94x)

September 14, 2023

LowHigh

Glenmark Pharmaceuticals Ltd Earnings and Dividends

  • Glenmark Pharmaceuticals Ltd Earnings Results

    Glenmark Pharmaceuticals Ltd’s net profit jumped 126.95% since last year same period to ₹340.27Cr in the Q1 2024-2025. On a quarterly growth basis, Glenmark Pharmaceuticals Ltd has generated 127.93% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Glenmark Pharmaceuticals Ltd Dividends May,2024

    In the quarter ending March 2024, Glenmark Pharmaceuticals Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.15%.

    Read More about Dividends

Glenmark Pharmaceuticals Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Glenmark Pharmaceuticals Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Glenmark Pharmaceuticals Ltd

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Glenmark Pharmaceuticals Ltd shares.

Glenmark Pharmaceuticals Ltd (GLENMARK) share price today is ₹1716.8

Glenmark Pharmaceuticals Ltd is listed on NSE

Glenmark Pharmaceuticals Ltd is listed on BSE

  • Today’s highest price of Glenmark Pharmaceuticals Ltd is ₹1756.85.
  • Today’s lowest price of Glenmark Pharmaceuticals Ltd is ₹1705.05.

PE Ratio of Glenmark Pharmaceuticals Ltd is -37.42

PE ratio = Glenmark Pharmaceuticals Ltd Market price per share / Glenmark Pharmaceuticals Ltd Earnings per share

Today’s traded volume of Glenmark Pharmaceuticals Ltd(GLENMARK) is 4.45L.

Today’s market capitalisation of Glenmark Pharmaceuticals Ltd(GLENMARK) is ₹49057Cr.

Glenmark Pharmaceuticals Ltd(GLENMARKPrice
52 Week High
₹1830.95
52 Week Low
₹722.1

Glenmark Pharmaceuticals Ltd(GLENMARK) share price is ₹1716.8. It is down -6.23% from its 52 Week High price of ₹1830.95

Glenmark Pharmaceuticals Ltd(GLENMARK) share price is ₹1716.8. It is up 137.75% from its 52 Week Low price of ₹722.1

Glenmark Pharmaceuticals Ltd(GLENMARKReturns
1 Day Returns
-21.65%
1 Month Returns
1.52%
3 Month Returns
21.6%
1 Year Returns
128.77%